Civic Intelligence

New Mexico Affordable Housing

EIN 38-6851393 • 501(c)3 • Albuquerque, NM

Profile

Raising funds to distribute to individuals in the low and moderate income levels to assist in acquisition, rehabilitation and repair of residential homes.

7425 Jefferson Street NEAlbuquerque, NM 87109

www.housingnm.org/RESOURCES

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.12x

Higher debt load relative to assets than 44% of similar nonprofits.

NTEE L • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

37th percentile

0.25x

Higher debt load relative to revenue than 37% of similar nonprofits.

NTEE L • $500k-$1M nonprofits • Source year 2025

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

NTEE L • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

85th percentile

$248,847

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 71.7% of source-year revenue.

NTEE L • $500k-$1M nonprofits • Source year 2025

Asset Growth

17th percentile

-7.2%

Faster asset growth than 17% of similar nonprofits.

NTEE L • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

82nd percentile

26%

Faster revenue growth than 82% of similar nonprofits.

NTEE L • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$720,225

Down $55,675 (-7.2%) from 2024

Liabilities

Down

$85,166

Down $96,506 (-53%) from 2024

Net Assets

Up

$635,059

Up $40,831 (+6.9%) from 2024

Revenue

Up

$347,254

Up $71,801 (+26%) from 2024

Expenses

Down

$306,423

Down $207,693 (-40%) from 2024

Net Income

Up

$40,831

Up $279,494 (+117%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2020: $469,075Liabilities 2020: $68Net Assets 2020: $469,0072020Assets 2021: $875,961Liabilities 2021: $0Net Assets 2021: $875,9612021Assets 2022: $902,646Liabilities 2022: $19,097Net Assets 2022: $883,5492022Assets 2023: $877,295Liabilities 2023: $44,404Net Assets 2023: $832,8912023Assets 2024: $775,900Liabilities 2024: $181,672Net Assets 2024: $594,2282024Assets 2025: $720,225Liabilities 2025: $85,166Net Assets 2025: $635,0592025

Highlighted filing

2025

Assets$720,225
Liabilities$85,166
Net Assets$635,059

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2020: $105,512Expenses 2020: $90,475Net Income 2020: $15,0372020Revenue 2021: $511,300Expenses 2021: $104,347Net Income 2021: $406,9532021Revenue 2022: $213,436Expenses 2022: $205,848Net Income 2022: $7,5882022Revenue 2023: $519,333Expenses 2023: $569,991Net Income 2023: -$50,6582023Revenue 2024: $275,453Expenses 2024: $514,116Net Income 2024: -$238,6632024Revenue 2025: $347,254Expenses 2025: $306,423Net Income 2025: $40,8312025

Highlighted filing

2025

Revenue$347,254
Expenses$306,423
Net Income$40,831

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Mar 5, 2026
Return Version
2024v5.5
Gross Receipts
$347,254
Mission and Program Overview

Mission

Raising funds to distribute to individuals in the low and moderate income levels to assist in acquisition, rehabilitation and repair of residential homes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$491,928$403,227▼ $88,701
Savings and Temporary Cash Investments$222,774$316,998▲ $94,224
Accounts Receivable$61,198--
Total Assets$775,900$720,225▼ $55,675
Liabilities
Other Liabilities$0$82,088▲ $82,088
Accounts Payable and Accrued Expenses$181,672$3,078▼ $178,594
Total Liabilities$181,672$85,166▼ $96,506
Net Assets / Fund Balance
Net Assets With Donor Restrictions$594,228$635,059▲ $40,831
Total Net Assets Fund Balance$594,228$635,059▲ $40,831
Total Liabilities and Net Assets / Fund Balance$775,900$720,225▼ $55,675
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Donna Maestas-devriesChief Housing Officer$316$202,157$316
Isidoro HernandezExecutive Director$121$248,726$121

Board Members and Trustees

NameTitle
Angel ReyesChair
Derek ValdoVice-chair
Dolores WoodHr Director
Joseph NavaretteSenior Director of It
Arundhati BoseChief Financial Officer
Jeff PayneChief Lending Officer
Joseph McintyreController
Laura MontoyaMember
Lt Governor Howie MoralesMember
Randy L TraynorMember
Raul TorrezMember
Rebecca WurzburgerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$343,787
Program Service Revenue
$0
Investment Income
$3,467
Other Revenue
$0
All Other Contributions
$138,516
Change in Net Assets
$40,831

Audited Revenue Reconciliation

Revenue per Audited Statements
$347,254
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$347,254
Total Revenue per Form 990
$347,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$286,954
Salaries, Compensation, and Employee Benefits$13,472
Other Expenses$5,997
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$286,954--$286,954
Other Salaries and Wages-$9,162-$9,162
Office Expenses-$3,705-$3,705
Other Employee Benefits-$2,157-$2,157
Other Expenses-$1,738-$1,738
Pension Plan Contributions-$1,441-$1,441
Payroll Taxes-$712-$712
Fees for Services Legal-$486-$486
Advertising-$68-$68
Total Functional Expenses$286,954$19,469$0$306,423

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$306,423
Total Expenses per Audited Statements$306,423
Total Expenses per Form 990$306,423
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Southwestern Regional Housing and Community Development CorporationDeming, NM501(c)(3)VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM$150,635
El Camino Real Housing AuthoritySocorro, NMGovVETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM$87,877
Partnership for Community ActionAlbuquerque, NM501(c)(3)VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM$25,956
Ohkay Owingeh Housing AuthorityOhkay Owingeh, NMGovVETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM$14,868
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Nmmfa General Fund$82,088
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 draft is reviewed by the controller and the temporary chief financial officer prior to filing.

Form 990, Part VI, Section B, Line 15

New mexico affordable housing charitable trust reports salaries and wages, employee benefits, and payroll taxes allocated from new mexico mortgage finance authority for employees they share. New mexico affordable housing charitable trust does not employ any individuals.

Form 990, Part VI, Section C, Line 19

The organization's governing documents can be found on the new mexico attorney general's charitable organizations website.

Filing and Contact Details

Filer

Filer Name
New Mexico Affordable Housing
EIN
38-6851393
Phone
5057672253
Address
7425 JEFFERSON STREET NE, ALBUQUERQUE, NM 87109

Signing Officer

Name
Isidoro Hernandez
Title
Executive Director
Phone
5057672253
Signed
2026-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Isidoro Hernandez
Formed
2007
Legal Domicile
Nm
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
6565 AMERICAS PARKWAY NE STE 600, ALBUQUERQUE, NM 87110
Preparer
Pamela Alexanderson
Phone
5058787200
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IRS990/PYSalariesCompEmpBnftPaidAmt040579
IRS990/PYTotalExpensesAmt0514116
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0275453
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt040831
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0600
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0222774
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0316998
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0343787
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0273709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0519167
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0213427
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0501837
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01851927
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03467
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01744
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0165
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0107
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05492
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09356
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81800
IRS990ScheduleA/PublicSupportPY170Pct00.83230
IRS990ScheduleA/PublicSupportTotal170Amt01519327
IRS990ScheduleA/SubstantialContributorsTotAmt0332600
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0343787
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0273709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0519167
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0213427
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0501837
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01851927
IRS990ScheduleA/TotalSupportAmt01857419
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0306423
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt082088
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO NMMFA GENERAL FUND
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0347254
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0306423
IRS990ScheduleD/TotalLiabilityAmt082088
IRS990ScheduleD/TotalRevenuePerForm990Amt0347254
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0347254
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0306423
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0150635
IRS990ScheduleI/RecipientTable/CashGrantAmt187877
IRS990ScheduleI/RecipientTable/CashGrantAmt225956
IRS990ScheduleI/RecipientTable/CashGrantAmt314868
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3GOV
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SOUTHWESTERN REGIONAL HOUSING AND COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1EL CAMINO REAL HOUSING AUTHORITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2PARTNERSHIP FOR COMMUNITY ACTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3OHKAY OWINGEH HOUSING AUTHORITY
IRS990ScheduleI/RecipientTable/RecipientEIN0311788086
IRS990ScheduleI/RecipientTable/RecipientEIN1850282997
IRS990ScheduleI/RecipientTable/RecipientEIN2311815692
IRS990ScheduleI/RecipientTable/RecipientEIN3850446828
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0109 E PINE SUITE 5 MORGAN HALL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1301 OTERO AVE E
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2722 ISLETA BLVD SW SUITE B
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3208 N CROSS PLACE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DEMING
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SOCORRO
IRS990ScheduleI/RecipientTable/USAddress/CityNm2ALBUQUERQUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3OHKAY OWINGEH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NM
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NM
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NM
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NM
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd088030
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd187801
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd287105
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd387566
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MONITORING OF SUBRECIPIENTS IS CONDUCTED ANNUALLY IN ACCORDANCE WITH GRANT REQUIREMENTS TO ENSURE PROPER USE OF THE FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0121
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1316
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt022963
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt119774
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt217848
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt313289

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