New Mexico Chile Association is located in Deming, NM. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Chile Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, New Mexico Chile Association generated $139.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $130.5k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO IMPROVE GENERAL BUSINESS CONDITIONS IN THE CHILE INDUSTRY BY FACILITATING INDUSTRY COMMUNICATIONS, ENHANCING THE REPUTATION AND INTEGRITY OF THE INDUSTRY AND PROMOTING PUBLIC POLICY INITIATIVES THAT FAVOR THE INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Duggins President | 1 | $0 | |
Ben Etcheverry Vice Preside | 1 | $0 | |
Dino Cervantes Treasurer | 1 | $0 | |
Frankie Garay Jr Secretary | 1 | $0 | |
Gene Baca Director | 1 | $0 | |
Joe Wellborn Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,623 |
| Total Program Service Revenue | $0 |
| Membership dues | $35,499 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,122 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $59,766 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $814 |
| Other expenses | $69,883 |
| Total expenses | $130,463 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,375 |
| Other assets | $0 |
| Total assets | $61,375 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,375 |