Southeastern New Mexico Economic
THE FUNDAMENTAL MISSION OF THE SNMEDD IS TO STRENGTHEN THE REGIONAL ECONOMIC BASE, WHICH IS RESPONSIBLE FOR PROVIDING QUALITY JOBS TO AREA RESIDENTS.
Key facts about Southeastern New Mexico Economic
- EIN
- 85-0214427
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $3,081,952
- Grants made (2025)
- 29
- Average grant
- $106,274
- Median grant
- $56,627
- Total assets
- $1,586,987
- Primary geography
- New Mexico (98% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Southeastern New Mexico Economic funds
By grant dollars, the top recipient states for Southeastern New Mexico Economic's 29 itemized 2025 grants were New Mexico (98%). The most frequent recipient cities were Roswell, NM (6 grants), Hobbs, NM (4 grants), Carlsbad, NM (3 grants) and Alamogordo, NM (3 grants). None of its 29 grants with a stated purpose were described as general or operating support.
Next steps with Southeastern New Mexico Economic
- How to evaluate Southeastern New Mexico Economic as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Southeastern New Mexico Economic with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.6M
+195.6% YoY
Annual Giving
$3.1M
+2098.9% YoY
Grant Count
29
+383.3% YoY
Avg Grant Size
$106K
+354.9% YoY
About Southeastern New Mexico Economic
Based on IRS filings
Southeastern New Mexico Economic is a nonprofit organization, based in Roswell, NM. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 29 grants totaling $3.1M. Net investment income was $1K.
Ready to take the next step with Southeastern New Mexico Economic?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 29 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,586,987 | $536,817 | $390,848 |
| Revenue | $5,266,019 | $1,179,041 | $662,869 |
| Expenses | $4,563,915 | $1,065,900 | $808,305 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,179 | $154 | $86 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS January 28, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Eddy County ($444,007), City of Roswell ($440,000), Chaves County Finance Dept ($413,024).
| Recipient | Purpose | Amount |
|---|---|---|
| EDDY COUNTY Carlsbad, NM | CONSULTANTS TO ASSIST THE COMMUNITIES WITH THEIR TECHNICAL CAPACITIES AS NEEDED | $444,007 |
| CITY OF ROSWELL Roswell, NM | CONSULTANTS TO ASSIST THE COMMUNITIES WITH THEIR TECHNICAL CAPACITIES AS NEEDED | $440,000 |
| CHAVES COUNTY FINANCE DEPT Roswell, NM | CONSULTANTS TO ASSIST THE COMMUNITIES WITH THEIR TECHNICAL CAPACITIES AS NEEDED | $413,024 |
| CITY OF CLOVIS Clovis, NM | CONSULTANTS TO ASSIST THE COMMUNITIES WITH THEIR TECHNICAL CAPACITIES AS NEEDED | $240,000 |
| CITY OF PORTALES Portales, NM | CONSULTANTS TO ASSIST THE COMMUNITIES WITH THEIR TECHNICAL CAPACITIES AS NEEDED | $240,000 |
| OTERO COUNTY Alamogordo, NM | CONSULTANTS TO ASSIST THE COMMUNITIES WITH THEIR TECHNICAL CAPACITIES AS NEEDED | $160,000 |
| HEALING AMERICA'S HEROES Capitan, NM | CONSULTANTS TO ASSIST THE COMMUNITIES WITH THEIR TECHNICAL CAPACITIES AS NEEDED | $155,843 |
| COUNTY OF CHAVES Roswell, NM | CONSULTANTS TO ASSIST THE COMMUNITIES WITH THEIR TECHNICAL CAPACITIES AS NEEDED | $146,976 |
| CITY OF HOBBS Hobbs, NM | CONSULTANTS TO ASSIST THE COMMUNITIES WITH THEIR TECHNICAL CAPACITIES AS NEEDED | $109,035 |
| CITY OF LOVINGTON Lovington, NM | CONSULTANTS TO ASSIST THE COMMUNITIES WITH THEIR TECHNICAL CAPACITIES AS NEEDED | $107,793 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dora Barista | Secretary/Executive Direct | 40 | $94,076 |
| Sam Seely | President | 0.1 | — |
| David Miranda | Vice President | 0.1 | — |
| Tony Garcia | Treasurer | 0.1 | — |
| Pamela Heltner | Board Member | 0.1 | — |
| Rudy Sales | Board Member | 0.1 | — |
| Rick C Fuentes | Board Member | 0.1 | — |
| Todd Randall | Board Member | 0.1 | — |
| Lisa Anaya-Flores | Board Member | 0.1 | — |
| Stephen Aldridge | Board Member | 0.1 | — |
| Billy Hobbs | Board Member | 0.1 | — |
| Timothy King | Board Member | 0.1 | — |
| Manuel Brusuelas | Board Member | 0.1 | — |
| Jon Hitchcock | Board Member | 0.1 | — |
| Susan Payne | Board Member | 0.1 | — |
| Coda Omness | Board Member | 0.1 | — |
| Robbie Roberts | Board Member | 0.1 | — |
| Dr Gary Jackson | Board Member | 0.1 | — |
| Hayley Klein | Board Member | 0.1 | — |
| Robert Hemphill | Board Member | 0.1 | — |
| Dara Dana | Board Member | 0.1 | — |
| Ron Chambers | Board Member | 0.1 | — |
| Lewis Wesson | Board Member | 0.1 | — |
| Juliana Halvorson | Board Member | 0.1 | — |
| Summer Valverde | Board Member | 0.1 | — |
| Corey Needham | Board Member | 0.1 | — |
| Marilyn Burns | Board Member | 0.1 | — |
| Samantha J Serna | Board Member | 0.1 | — |
| Kevin Kennedy | Board Member | 0.1 | — |
| Joe Jarvis | Board Member | 0.1 | — |
| Lorrie Black | Board Member | 0.1 | — |
| Duane Duffy | Board Member | 0.1 | — |
Frequently Asked Questions
How large is Southeastern New Mexico Economic?
As of 2025, Southeastern New Mexico Economic holds $1.6M in total assets with $5.3M in annual revenue. It awarded 29 grants totaling $3.1M in 2025.
Where does Southeastern New Mexico Economic operate?
Southeastern New Mexico Economic has awarded grants in California, Illinois, New Mexico, Washington.
What size grants does Southeastern New Mexico Economic award?
In 2025, Southeastern New Mexico Economic awarded 29 grants totaling $3.1M — an average of about $106K per grant, based on its IRS Form 990 filings.
What is Southeastern New Mexico Economic's EIN?
Southeastern New Mexico Economic's EIN (Employer Identification Number) is 85-0214427. IRS Form 990 filing data is available on this page for 2019–2025.
Explore Open Grants
Browse active grant opportunities in Southeastern New Mexico Economic's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Dreamspring
Albuquerque, NM
Assets
$69.2M
Grants
356
Total Given
$4.8M
Santa Fe Community Foundation
Santa Fe, NM
Assets
$144.1M
Grants
302
Total Given
$12.4M
Albuquerque Community Foundation
Albuquerque, NM
Assets
$160.6M
Grants
245
Total Given
$6.9M
PNM TNMP Foundation
Albuquerque, NM
Assets
$14.2M
Grants
169
Total Given
$1.3M
JF Maddox Foundation
Hobbs, NM
Assets
$247.3M
Grants
159
Total Given
$4.2M
Thornburg Foundation
Santa Fe, NM
Assets
$179.4M
Grants
144
Total Given
$6.4M
Marshall L and Perrine D McCune
Santa Fe, NM
Assets
$97.6M
Grants
139
Total Given
$3.2M
Slayton Foundation
Roswell, NM
Assets
—
Grants
129
Total Given
$1.5M
Central Valley Electric Education
Artesia, NM
Assets
$2.9M
Grants
121
Total Given
$327K
Latitude Charitable Foundation
Albuquerque, NM
Assets
—
Grants
118
Total Given
$104K
Carroll Petrie Foundation
Santa Fe, NM
Assets
$320.6M
Grants
115
Total Given
$14.2M
Clovis Community College Foundation
Clovis, NM
Assets
$5.2M
Grants
101
Total Given
$49K
More Funders in New Mexico
Data last updated September 2026. Sourced from IRS Form 990-PF filings.