RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION

ALBUQUERQUE, NM, 87105-3822 (505) 217-2473 Est. 1986 EIN 85-0348445
Form 990 501(c)(3)
HTTP://WWW.RGCDC.ORG/

Mission

BE THE TRUSTED AND ACCESSIBLE COMMUNITY HUB FOR SOCIAL AND ECONOMIC ENTREPRENEURSHIP WHICH FACILITATES SELF-SUFFICIENCY WHILE HONORING THE PEOPLE'S VOICE AND CULTURE.

Giving Portfolio

Total Grants
12
Total Giving
$415K
Recipients
12
Years Active
2023 - 2024
Avg grant: $31,163 Median: $29,500

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20249$342K $38K81
20233$73K $24K30

Sectors Funded

Education
3
Philanthropy & Grantmaking
1
Community Improvement
1
Food, Agriculture & Nutrition
1
Mental Health & Crisis Intervention
1
Environment
1
Public & Societal Benefit
1

Top States

New Mexico
12

Grantee Size Profile

$1M - $5M
4
$10M - $50M
1
$5M - $10M
1
$500K - $1M
1

Top Grantees

AGRI-CULTURA NETWORK INC
NM
$71K
WOMEN'S ECONOMIC SELF-SUFFICIENCY
NM
$33K
LEVADO LLC
NM
$13K
and 1 more grantees

Grants Awarded · 9 grants

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Financials

Total Revenue
$1,420,402
Total Expenses
$1,931,236
Net Assets
$510,193
17 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
3.2 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 15.6%
Expenses ↑ 27.3%
Revenue Sources
Contributions 84.1% Earned revenue 13.1% Other 3.0%
Expense Breakdown
Program 72.7% Management 24.1% Fundraising 3.2%

Officers & Trustees (13)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$1,420,402 $1,931,236$510,193
2023 Form 990$1,682,102 $1,516,748$1,021,027
2022 Form 990$1,710,904 $2,792,842$855,673
2021 Form 990$3,015,469 $2,530,658$1,937,611
2020 Form 990$2,908,700 $2,293,012$1,452,800
2018 Form 990$2,406,250 $2,342,080$773,970

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EIN: 85-0348445 · Source: IRS Form 990 e-file data