2025-10-21T12:28:14-04:00 2024-12-31 463916466 Jaramillo Accounting Group LLC 4700 Lincoln Road NE Albuquerque NM 87109 990 2024-01-01 850157216 ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE % CHAD MATHESON ALBU 5057053777 201 THIRD STREET NW STE 1900 ALBUQUERQUE NM 87102 CHAD MATHESON INTERIM CEO 5057053777 2025-10-21 true true SCOTT ELIASON P02372673 5053232035 2025-10-21 2024 2025-03-06 01:10:19Z CHAD R MATHESON 201 THIRD STREET NW STE 1900 ALBUQUERQUE NM 87102 2300606 false X WWW.ABQ.ORG X 1960 NM TO STRENGTHEN THE ALBUQUERQUE METROPOLITAN AREA THROUGH THE RECRUITMENT OF BUSINESS AND INDUSTRY, AND BY PROVIDING SUPPORT FOR THE RETENTION AND EXPANSION OF ECONOMIC BASE EMPLOYERS. 39 39 14 12 0 0 1681907 1465968 144969 208913 128441 216788 0 1955317 1891669 0 0 1189703 1183312 0 0 786096 819441 1975799 2002753 -20482 -111084 3891011 4203667 573978 775468 3317033 3428199 TO STRENGTHEN THE ALBUQUERQUE METROPOLITAN AREA THROUGH THE RECRUITMENT OF BUSINESS AND INDUSTRY, AND BY PROVIDING SUPPORT FOR THE RETENTION AND EXPANSION OF ECONOMIC BASE EMPLOYERS. false false 1710379 208913 BUSINESS RECRUITMENT, RETENTION AND EXPANSION: AREA RECRUITS COMPANIES THAT EXPORT THE MAJORITY OF THEIR GOODS AND SERVICES OUTSIDE OF NEW MEXICO, THEREBY BRINGING NEW MONEY INTO THE STATES ECONOMY. BUSINESS DEVELOPMENT: AREA ASSISTS EXISTING LOCAL BUSINESSES WITH THEIR EXPANSION PLANS, HELPING CONNECT THEM TO RESOURCES THAT POSITION THEM FOR GROWTH. RECRUITMENT AND DEVELOPMENT OF CONTRIBUTORS: AREA INVITES LEADING METRO AREA BUSINESSES TO CONTRIBUTE TO THE ORGANIZATION AND TO BE ENGAGED FOR THE ADVANCEMENT OF ITS MISSION. AREA PROVIDES EDUCATIONAL PROGRAMS, TRAINING AND NETWORKING OPPORTUNITIES TO ITS CONTRIBUTORS. 1710379 true true false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 10 0 14 true false false false false false false false false X 39 39 true false false false true true true true true false false true true true true true true true false false X X THE ORGANIZATION 5057053780 201 THIRD STREET NW SUITE 1900 Albuquerque NM 87102 DANIELLE CASEY PRESIDENT AND CEO 40.00 0.00 X 314578 0 22721 CHAD R MATHESON INTERIM CEO 40.00 0.00 X 167871 0 29701 MARY TIEMAN CHIEF OPERATIONS OFFICER 40.00 0.00 X 100128 0 4774 KYLE BEASLEY BOARD MEMBER 1.00 0.00 X 0 0 0 MIKE CANFIELD BOARD MEMBER 1.00 0.00 X 0 0 0 PHIL CASAUS BOARD MEMBER 1.00 0.00 X 0 0 0 JIM CHYNOWETH BOARD MEMBER 1.00 0.00 X 0 0 0 KENT CRAVENS BOARD MEMBER 1.00 0.00 X 0 0 0 MICHELLE DEARHOLT BOARD MEMBER 1.00 0.00 X 0 0 0 ROBIN DIVINE BOARD MEMBER 1.00 0.00 X 0 0 0 DEBBIE HARMS BOARD MEMBER 1.00 0.00 X 0 0 0 FRANK GALLEGOS BOARD MEMBER 1.00 0.00 X 0 0 0 JUSTIN HORWITZ BOARD MEMBER 1.00 0.00 X 0 0 0 SHAD JAMES BOARD MEMBER 1.00 0.00 X 0 0 0 WAYNE JOHNSON BOARD MEMBER 1.00 0.00 X 0 0 0 LEEAN KRAVITZ BOARD MEMBER 1.00 0.00 X 0 0 0 BENJAMIN GARDNER BOARD MEMBER 1.00 0.00 X 0 0 0 MEG MEISTER BOARD MEMBER 1.00 0.00 X 0 0 0 ROXANNA MEYERS BOARD MEMBER 1.00 0.00 X 0 0 0 TROY GREER BOARD MEMBER 1.00 0.00 X 0 0 0 RYAN SHELL BOARD MEMBER 1.00 0.00 X 0 0 0 BEN SPENCER BOARD MEMBER 1.00 0.00 X 0 0 0 JANICE TORREZ BOARD MEMBER 1.00 0.00 X 0 0 0 ERIC WEINSTEIN BOARD MEMBER 1.00 0.00 X 0 0 0 CAROLINE GARCIA BOARD MEMBER 1.00 0.00 X 0 0 0 CYNTHIA SCHULTZ BOARD MEMBER 1.00 0.00 X 0 0 0 JOANIE GRIFFIN BOARD MEMBER 1.00 0.00 X 0 0 0 DAN LONG BOARD MEMBER 1.00 0.00 X 0 0 0 RUTH HUNING-GONZALES BOARD MEMBER 1.00 0.00 X 0 0 0 ADAM LEYBA BOARD MEMBER 1.00 0.00 X 0 0 0 LORIE ANNE MCBRIDE BOARD MEMBER 1.00 0.00 X 0 0 0 JOE FARR BOARD MEMBER 1.00 0.00 X 0 0 0 ADRIAN MONTOYA BOARD MEMBER 1.00 0.00 X 0 0 0 BRIAN BROWN BOARD MEMBER 1.00 0.00 X 0 0 0 JOAN TAFOYA BOARD MEMBER 1.00 0.00 X 0 0 0 PEPPER LANG BOARD MEMBER 1.00 0.00 X 0 0 0 WALT BENSON BOARD MEMBER 1.00 0.00 X 0 0 0 TRACY HARTZLER BOARD MEMBER 1.00 0.00 X 0 0 0 CELINA BUSSEY SECRETARY 2.00 0.00 X X 0 0 0 DON TARRY CHAIR 2.00 0.00 X X 0 0 0 JOSH PARSONS CHAIR ELECT 2.00 0.00 X X 0 0 0 TERESA CONSTANTINIDIS TREASURER 2.00 0.00 X X 0 0 0 582577 0 57196 3 false true false 416581 1049387 1465968 PROGRAM SERVICES 900099 208913 208913 208913 107537 107537 518188 408937 109251 109251 109251 0 1891669 318164 0 107537 337299 337299 659754 543470 116284 81061 72802 8259 25440 22848 2592 79758 71632 8126 57220 57220 24016 24016 51494 51434 60 146712 146712 35461 31326 4135 80510 71121 9389 76294 76294 50609 8878 41731 29317 25898 3419 12158 10740 1418 DUES AND SUBSCRIPTION 121489 121489 SPECIAL PROJECTS 66251 66251 67910 52185 15725 2002753 1710379 292374 0 72770 19076 490816 540457 8029 37933 221479 215397 25248 6082 2986248 3340754 307900 257935 1430 3891011 4203667 85791 105720 250000 157615 154215 330572 265533 573978 775468 X 3208033 3428199 109000 3317033 3428199 3891011 4203667 -111084 222250 0 X X false true X true false X 1338891 1681907 1465968 4486766 1338891 1681907 1465968 4486766 4486766 99224 93080 107537 299841 4786607 0.93740 0.94020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 221479 215397 6082 6082 LEASE OBLIGATIONS 265533 265533 X 2089903 222250 222250 1867653 24016 24016 1891669 1978737 1978737 24016 24016 2002753 Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) AREA IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE AND THE STATUTES OF NEW MEXICO. AREAS OPEN AUDIT PERIODS ARE FISCAL YEARS 2022 THROUGH 2024 GENERALLY THREE YEARS AFTER FILING. IN ADDITION,AREA HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE FINANCIAL ACCOUNTING STANDARDS BOARD HAS ISSUED ASC 740-10, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE,RECOGNIZE,PRESENT AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. AREA HAS NO UNCERTAIN TAX POSITIONS. false false false false false false DANIELLE CASEY PRESIDENT AND CEO 314578 14485 8236 337299 CHAD R MATHESON INTERIM CEO 167871 8531 21170 197572 Officer directors etc family relationship Part VI line 2 THE 39 ELECTED MEMBERS OF THE AREA BOARD OF DIRECTORS ARE LEADERS IN THE LOCAL BUSINESS COMMUNITY. MOST ARE BUSINESS OWNERS OR C-LEVEL EXECUTIVES. AS A RESULT, THEY MAY HAVE ONGOING OR OCCASIONAL BUSINESS RELATIONSHIPS WITH OTHER BOARD MEMBERS IN THE FIELDS OF BANKING, LAW, INSURANCE, REAL ESTATE, OR OTHER SERVICE AREAS. BECAUSE OF THE COMPLEX AND LAYERED NATURE OF THESE TRANSACTIONS, AREA IS UNABLE TO IDENTIFY ALL OF THESE POSSIBLE RELATIONSHIPS. Members or stockholder classes and rights Part VI line 6 AREA HOLDS MEETINGS ALLOWING BOARD MEMBERS TO VOTE ON VARIOUS ISSUES INCLUDING, BUT NOT LIMITED TO, GOVERNING BODY ELECTIONS. Member election for additional members Part VI line 7a EACH BOARD MEMBER WILL, AT EVERY MEMBERS MEETING, HAVE ONE VOTE FOR ALL PURPOSES. THE BOARD MEMBERS PRESENT IN PERSON WILL CONSTITUTE A QUORUM. A QUORUM ONCE ATTAINED CONTINUES UNTIL ADJOURNMENT DESPITE VOLUNTARY WITHDRAWAL OF ENOUGH BOARD MEMBERS TO LEAVE LESS THAN A QUORUM. THE ACT OF THE MAJORITY OF THE BOARD MEMBERS PRESENT AT A MEETING AT WHICH A QUORUM IS PRESENT WILL CONSTITUTE BOARD MEMBERS ACTIONS UNLESS A GREATER PROPORTION IS REQUIRED BY THE NONPROFIT CORPORATION ACT, OR BY AREA BYLAWS. Governing body decisions Part VI line 7b THE BOARD, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS IN OFFICE, MAY DESIGNATE AND APPOINT COMMITTEES EACH OF WHICH WILL CONSIST OF TWO OR MORE DIRECTORS AND WILL HAVE AND MAY EXERCISE THE AUTHORITY OF THE BOARD, EXCEPT TO THE EXTENT LIMITED BY LAW OR THE RESOLUTION OF DESIGNATION. A MAJORITY OF THE MEMBERS OF A COMMITTEE MAY FIX ITS RULES OF PROCEDURE; IF THE RULES ARE NOT FIXED, THE RULES APPLICABLE TO THE BOARD WILL APPLY. AN ACTION BY A COMMITTEE SHALL BE REPORTED TO THE BOARD AT A BOARD MEETING SUCCEEDING SUCH ACTION AND SHALL BE SUBJECT TO REVISION BY THE BOARD ALTHOUGH NO RIGHTS OF THIRD PARTIES SHALL BE AFFECTED BY ANY REVISION. THE DESIGNATION AND APPOINTMENT OF ANY COMMITTEE AND THE DELEGATION THERETO OF AUTHORITY WILL RELIEVE THE BOARD OF DIRECTORS, OR ANY INDIVIDUAL DIRECTOR, OR ANY RESPONSIBILITY IMPOSED UPON THE BOARD OR A DIRECTOR. IF AN EXECUTIVE COMMITTEE IS DESIGNATED AND APPOINTED BY THE BOARD, IT WILL HAVE AND MAY EXERCISE ALL AUTHORITY AND POWER OF THE BOARD EXCEPT TO THE EXTENT LIMITED BY LAW OR THE RESOLUTION OF DESIGNATION. Form 990 governing body review Part VI line 11 THE FORM 990 WAS REVIEWED BY MEMBERS OF THE AUDIT COMMITTEE PRIOR TO FILING. THE AUDIT COMMITTEE REPORTS TO THE EXECUTIVE COMMITTEE FOR FINAL APPROVAL. Conflict of interest policy compliance Part VI line 12c BEFORE BUSINESS DECISIONS ARE MADE THE BOARD OF DIRECTORS DETERMINES WHETHER AN INDIVIDUAL HAS A CONFLICT OF INTEREST AND, IF SO, WHETHER THE INDIVIDUAL MUST RECUSE HIMSELF OR HERSELF FROM DISCUSSION AND VOTE. CEO executive director top management comp Part VI line 15a THE BOARD OF DIRECTORS EVALUATES EMPLOYEES SALARIES ANNUALLY AS PART OF THE BUDGET APPROVAL PROCESS. Governing documents etc available to public Part VI line 19 ORGANIZATION MAKES FORM 990 AND THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.COM. Audited by an independent accountant Part XII line 2b AN AUDIT COMMITTEE, APPOINTED BY THE EXECUTIVE COMMITTEE, OVERSEES THE ANNUAL AUDIT OF AREAS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. ALBUQUERQUE FORWARD FUND 201 3RD STREET NW SUITE 1900 Albuquerque NM 87102 474736722 TO SUPPORT AREA NM 501C3 10 N/A false false false false false false false false false false false false false false true true false false false true