New Mexico Subcontractors Bid Depository System Inc
- Assets
- $17.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 05/1967
- Data as of
- 12/2023
- EIN
- 85-0170559
Organization Overview
New Mexico Subcontractors Bid Depository System Inc is located in Albuquerque, NM. The organization was established in 1967. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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 Subcontractors Bid Depository System Inc 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 12/2023, New Mexico Subcontractors Bid Depository System Inc generated $31.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $49.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Aragon Secretary/treasurer | 0 | $0 | |
Tom Hagan Director | 0 | $0 | |
Allie Moore Director | 0 | $0 | |
Scott Butterbaugh Director | 0 | $0 | |
David Sanchez Director | 0 | $0 | |
Casey Hamblin Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $31,558 |
| Total Revenue | $31,578 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,409 |
| Professional fees and other payments to independent contractors | $12,145 |
| Occupancy, rent, utilities, and maintenance | $3,846 |
| Printing, publications, postage, and shipping | $2,042 |
| Other expenses | $22,501 |
| Total expenses | $49,943 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,109 |
| Other assets | $0 |
| Total assets | $17,778 |
| Total liabilities | $7,544 |
| Net assets or fund balances | $10,234 |