New Mexico Association Of Educational Retirees Incorporated
- Assets
- $310.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 03/1978
- Data as of
- 12/2023
- EIN
- 51-0217377
Organization Overview
New Mexico Association Of Educational Retirees Incorporated is located in Albuquerque, NM. The organization was established in 1978. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Association Of Educational Retirees Incorporated is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, New Mexico Association Of Educational Retirees Incorporated generated $170.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $165.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
DURING THE FISCAL YEAR, NEW MEXICO ASSOCIATION OF EDUCATIONAL RETIREES PROMOTED SUCCESSFUL RETIREMENT FROM EDUCATION EMPLOYMENT WITH THE FOLLOWING PROGRAM ACTIVITIES:1) BEING ABLE TO COMMUNICATE SUCCESSFULLY WITH OUR MEMBERSHIP USING A ZOOM PLATFORM AND E-MAIL TO A LARGE NUMBER OF MEMBERS.2) HAVING A SUCCESSFUL STATE CONVENTION.3) HAVING A SUCCESSFUL LEGISLATIVE CAMPAIGN AND ADVOCATING FOR THE PASSAGE OF BILLS PERTAINING TO RETIREE BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Pauline Rindone President | 3.6 | $0 | |
Joelyn Pafford 1st Vice-Pres | 1.8 | $0 | |
Ray Vincent 2nd Vice-Pres | 1.8 | $0 | |
Cheryl Dotson 3rd Vice-Pres | 1.8 | $0 | |
Janice Sells Treasurer | 15 | $12,863 | |
Linda Carr Past President | 1.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $13,812 |
| Membership dues | $139,599 |
| Investment income | $1,590 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,001 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $70,042 |
| Professional fees and other payments to independent contractors | $22,446 |
| Occupancy, rent, utilities, and maintenance | $8,525 |
| Printing, publications, postage, and shipping | $24,428 |
| Other expenses | $39,652 |
| Total expenses | $165,093 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $309,183 |
| Other assets | $0 |
| Total assets | $309,959 |
| Total liabilities | $15,574 |
| Net assets or fund balances | $294,385 |