Civic Intelligence

Central New Mexico Housing Corp

EIN 52-2438418 • 501(c)3 • Albuquerque, NM

Profile

Central new mexico housing corporation's mission is to help the low income families of new mexico make their homes energy efficient, one by educating our clients on energy saving measures and two by performing all possible energy saving measures on their homes which will in turn lower their monthly energy usage, lower their monthly bills and create a more energy efficient home for their families.

703 Osuna Road NE - Suite 2Albuquerque, NM 87113

www.centralnmhousing.org

Siviq Scores

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

Liabilities / Assets

79th percentile

0.50x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

41st percentile

0.11x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

41st percentile

1.0%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

76th percentile

$198,598

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

56th percentile

6.7%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

36th percentile

0.8%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$1,571,877

Up $99,215 (+6.7%) from 2024

Liabilities

Up

$784,012

Up $24,921 (+3.3%) from 2024

Net Assets

Up

$787,865

Up $74,294 (+10%) from 2024

Operations
Liabilities / Revenue41st percentileNet Margin41st percentile

Revenue

Up

$7,373,037

Up $59,115 (+0.8%) from 2024

Expenses

Up

$7,298,743

Up $37,934 (+0.5%) from 2024

Net Income

Up

$74,294

Up $21,181 (+40%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,009,662Liabilities 2011: $451,562Net Assets 2011: $558,1002011Assets 2012: $1,054,916Liabilities 2012: $314,221Net Assets 2012: $740,6952012Assets 2013: $705,965Liabilities 2013: $339,372Net Assets 2013: $366,5932013Assets 2014: $596,654Liabilities 2014: $247,339Net Assets 2014: $349,3152014Assets 2015: $894,472Liabilities 2015: $635,424Net Assets 2015: $259,0482015Assets 2016: $347,627Liabilities 2016: $168,852Net Assets 2016: $178,7752016Assets 2017: $444,697Liabilities 2017: $215,884Net Assets 2017: $228,8132017Assets 2018: $551,461Liabilities 2018: $273,422Net Assets 2018: $278,0392018Assets 2019: $560,398Liabilities 2019: $275,464Net Assets 2019: $284,9342019Assets 2020: $429,611Liabilities 2020: $221,378Net Assets 2020: $208,2332020Assets 2021: $552,849Liabilities 2021: $450,545Net Assets 2021: $102,3042021Assets 2022: $611,709Liabilities 2022: $417,463Net Assets 2022: $194,2462022Assets 2023: $1,265,817Liabilities 2023: $605,359Net Assets 2023: $660,4582023Assets 2024: $1,472,662Liabilities 2024: $759,091Net Assets 2024: $713,5712024Assets 2025: $1,571,877Liabilities 2025: $784,012Net Assets 2025: $787,8652025

Highlighted filing

2025

Assets$1,571,877
Liabilities$784,012
Net Assets$787,865
Open 2025 Filing

Operations Trend

Revenue Growth36th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $4,960,3362011Expenses 2012: $4,597,8832012Expenses 2013: $4,518,8842013Revenue 2014: $2,602,799Expenses 2014: $2,620,077Net Income 2014: -$17,2782014Revenue 2015: $3,061,899Expenses 2015: $3,152,676Net Income 2015: -$90,7772015Revenue 2016: $3,729,496Expenses 2016: $3,809,769Net Income 2016: -$80,2732016Revenue 2017: $3,598,488Expenses 2017: $3,548,450Net Income 2017: $50,0382017Revenue 2018: $4,142,198Expenses 2018: $4,082,996Net Income 2018: $59,2022018Revenue 2019: $3,896,091Expenses 2019: $3,889,196Net Income 2019: $6,8952019Revenue 2020: $3,287,344Expenses 2020: $3,364,045Net Income 2020: -$76,7012020Revenue 2021: $4,194,619Expenses 2021: $4,300,548Net Income 2021: -$105,9292021Revenue 2022: $5,016,019Expenses 2022: $4,924,077Net Income 2022: $91,9422022Revenue 2023: $6,784,442Expenses 2023: $6,318,230Net Income 2023: $466,2122023Revenue 2024: $7,313,922Expenses 2024: $7,260,809Net Income 2024: $53,1132024Revenue 2025: $7,373,037Expenses 2025: $7,298,743Net Income 2025: $74,2942025

Highlighted filing

2025

Revenue$7,373,037
Expenses$7,298,743
Net Income$74,294
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,571,877
Liabilities
$784,012
Net assets
$787,865
Revenue
$7,373,037
Expenses
$7,298,743
Net income
$74,294
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.57$0.78$0.79$7.37$7.30$0.07
2024Detailed filing. Detailed filing data is available for this year.$1.47$0.76$0.71$7.31$7.26$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.27$0.61$0.66$6.78$6.32$0.47
2022Detailed filing. Detailed filing data is available for this year.$0.61$0.42$0.19$5.02$4.92$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.55$0.45$0.10$4.19$4.30$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.22$0.21$3.29$3.36$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.28$0.28$3.90$3.89$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.27$0.28$4.14$4.08$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.22$0.23$3.60$3.55$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.35$0.17$0.18$3.73$3.81$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.89$0.64$0.26$3.06$3.15$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.25$0.35$2.60$2.62$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.34$0.37$4.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.31$0.74$4.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.45$0.56$4.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 22, 2026
Return Version
2024v5.0
Gross Receipts
$7,373,037
Mission and Program Overview

Mission

Central new mexico housing coporation's mission is to help the low income families of new mexico make their homes energy efficient, one by educating our clients on energy saving measures and two by performing all possible energy saving measures on their homes which will in turn lower their monthly energy usage, lower their monthly bills and create a more energy efficient home for their families.

Central new mexico housing corporation's mission is to help the low income families of new mexico make their homes energy efficient.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$126,540$475,009▲ $348,469
Pledges and Grants Receivable$599,691$414,781▼ $184,910
Land, Buildings, and Equipment, Net$461,981$398,945▼ $63,036
Cash and Non-Interest-Bearing Accounts$275,054$269,901▼ $5,153
Prepaid Expenses and Deferred Charges$5,733$10,241▲ $4,508
Inventories for Sale or Use$663--
Total Assets$1,472,662$1,571,877▲ $99,215
Other Assets Total$3,000$3,000→ $0
Liabilities
Other Liabilities$250,085$478,517▲ $228,432
Accounts Payable and Accrued Expenses$509,006$305,495▼ $203,511
Total Liabilities$759,091$784,012▲ $24,921
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$713,571$787,865▲ $74,294
Total Net Assets Fund Balance$713,571$787,865▲ $74,294
Total Liabilities and Net Assets / Fund Balance$1,472,662$1,571,877▲ $99,215

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$398,945$758,985$1,157,930
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lucinda HazzardExecutive DiFT$198,598$198,598
Lucinda HazzardExecutive Director-$198,598$198,598
Isaac R StevensAdministratiFT$173,713$173,713
Isaac R StevensAdministrative Assis-$173,713$173,713

Board Members and Trustees

NameTitle
Brianna HarrandPresident
G Randy RomeroBoard Member
Elizabeth J TrujilloTreas/secr
Ezekiel EllisonVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Champ Enterprise-1124 SAN YSIDRO ST, Bernalillo, NM 87004$886,473
Dons Windows-1130 FIRST ST NW, Albuquerque, NM 87102$505,286
Dahl Plumbing & Hvac-1500 CANDELARIA RD NE, Albuquerque, NM 87107$422,463
Rad Tech Electric-1009 SOMBRA DE GUADALUPE TRAIL NW, Albuquerque, NM 87114$329,873
Gsl Builders-523 HERMOSA CIRCLE, Las Vegas, NM 87701$241,459
Revenue and Support

Revenue Composition

Contributions and Grants
$7,373,037
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,114,673
Change in Net Assets
$74,294

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Cars and Other Vehicles1$53,794
Other Non Cash Contri Table1$16,750
Total Noncash Contributions2$70,544

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,373,037
Total Revenue per Audited Statements
$7,373,037
Total Revenue per Form 990
$7,373,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,047,423
Salaries, Compensation, and Employee Benefits$2,251,320
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,456,765$144,076-$1,600,841
Fees for Services Other$905,042--$905,042
Insurance$494,796$45,965-$540,761
Current Officers, Directors, Trustees, and Key Employees$338,803$33,508-$372,311
Occupancy$169,871$29,113-$198,984
Payroll Taxes$138,901$13,737-$152,638
Depreciation Depletion$121,558$12,022-$133,580
Pension Plan Contributions$109,782$10,858-$120,640
Travel$98,096--$98,096
All Other Expenses$67,813$2,998-$70,811
Fees for Services Accounting$28,559$28,560-$57,119
Other Expenses$32,243$3,583-$35,826
Office Expenses$19,980$11,812-$31,792
Advertising$12,243$1,211-$13,454
Other Employee Benefits$4,450$440-$4,890
Total Functional Expenses$6,960,860$337,883$0$7,298,743

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,298,743
Total Expenses per Audited Statements$7,298,743
Total Expenses per Form 990$7,298,743
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
Operating Lease Liability, S-t & L-t$475,009
Credit Cards Payable$3,413
Line of Credit$95
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is prepared by a cpa who submits the return to officers and board members of the organization for review, before the return is filed with the internal revenue service.”

Form 990, Page 6, Part VI, Line 12C

“A conflict of interest statement is given to each employee. The conflict of interest statement must be signed and returned to the organization.”

Form 990, Page 6, Part VI, Line 15A

“The organization implemented an annual review process in which approval of management compensation must be made in advance and by impartial decision makers. Compensation must be based on comparability data, and the process as well as the decisions reached must be documented.”

Form 990, Page 6, Part VI, Line 19

“Interested parties who call to see these documents are provided xerox copies which they may pick up at the organization's office or which are mailed to them, at their option.”

Filing and Contact Details

Filer

Filer Name
Central New Mexico Housing Corp
EIN
52-2438418
Phone
5053454949
Address
703 OSUNA ROAD NE - SUITE 2, ALBUQUERQUE, NM 87113

Signing Officer

Name
Isaac R Stevens
Title
Administrative Assis
Phone
5053454949
Signed
2026-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucinda Hazzard
Formed
2001
Legal Domicile
Nm
Voting Board Members
4
Independent Board Members
4
Employees
36

Preparer

Firm
Beasley Mitchell & Co Llp
Address
PO DRAWER 550, LAS CRUCES, NM 88004-0550
Preparer
Bradley M Beasley CPA
Phone
5755286700
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Central new mexico housing coporation's mission is to help the low income families of new mexico make their homes energy efficient, one by educating our clients on energy saving measures and two by performing all possible energy saving measures on their homes which will in turn lower their monthly energy usage, lower their monthly bills and create a more energy efficient home for their families.”

Form 990, Part IX, Line 11G

“Contract labor 905,042 0 0”

Raw XML AppendixShowing 400 of 438 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0CENTRAL NEW MEXICO HOUSING CORPORATION'S MISSION IS TO HELP THE LOW INCOME FAMILIES OF NEW MEXICO MAKE THEIR HOMES ENERGY EFFICIENT.
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IRS990/Desc0WEATHERIZATION IS THE NATION'S LARGEST RESIDENTIAL ENERGY EFFICIENCY PROGRAM, IT REDUCES ENERGY COSTS FOR LOW INCOME AMERICANS BY IMPROVING THE EFFICIENCY OF THEIR HOMES. THE WEATHERIZATION PROGRAM SPECIFICALLY FOCUSES ON ASSISTING LOW-INCOME PEOPLE, PRIMARILY THE ELDERLY, PERSONS WITH DISABILITIES, AND FAMILIES WITH CHILDREN. HIGH ENERGY COSTS ARE AN EXCESSIVE BURDEN ON LOW INCOME AMERICANS; WEATHERIZATION ALLEVIATES THIS BURDEN AND IMPROVES THE STANDARD OF LIVING FOR THESE INDIVIDUALS AND FAMILIES. THE ORGANIZATION SERVED APPROXIMATELY 325 HOMES DURING THE YEAR.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CENTRAL NEW MEXICO HOUSING COPORATION'S MISSION IS TO HELP THE LOW INCOME FAMILIES OF NEW MEXICO MAKE THEIR HOMES ENERGY EFFICIENT, ONE BY EDUCATING OUR CLIENTS ON ENERGY SAVING MEASURES AND TWO BY PERFORMING ALL POSSIBLE ENERGY SAVING MEASURES ON THEIR HOMES WHICH WILL IN TURN LOWER THEIR MONTHLY ENERGY USAGE, LOWER THEIR MONTHLY BILLS AND CREATE A MORE ENERGY EFFICIENT HOME FOR THEIR FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY A CPA WHO SUBMITS THE RETURN TO OFFICERS AND BOARD MEMBERS OF THE ORGANIZATION FOR REVIEW, BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A CONFLICT OF INTEREST STATEMENT IS GIVEN TO EACH EMPLOYEE. THE CONFLICT OF INTEREST STATEMENT MUST BE SIGNED AND RETURNED TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION IMPLEMENTED AN ANNUAL REVIEW PROCESS IN WHICH APPROVAL OF MANAGEMENT COMPENSATION MUST BE MADE IN ADVANCE AND BY IMPARTIAL DECISION MAKERS. COMPENSATION MUST BE BASED ON COMPARABILITY DATA, AND THE PROCESS AS WELL AS THE DECISIONS REACHED MUST BE DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INTERESTED PARTIES WHO CALL TO SEE THESE DOCUMENTS ARE PROVIDED XEROX COPIES WHICH THEY MAY PICK UP AT THE ORGANIZATION'S OFFICE OR WHICH ARE MAILED TO THEM, AT THEIR OPTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT LABOR 905,042 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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