Civic Intelligence

Rio Rancho Chamber of Commerce

EIN 85-0290692 • 501(c)6 • Rio Rancho, NM

View Organization Page

Profile

A regional Chamber committed to improving the quality of community life driven by business leadership mentorship advocacy and prosperity.

4201 Crestview SERio Rancho, NM 87124

rrrcc.org

Siviq Scores

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

Liabilities / Assets

95th percentile

0.87x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

1.26x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

35th percentile

-1.0%

Higher net margin than 35% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$101,650

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

17th percentile

-13%

Faster asset growth than 17% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

15%

Faster revenue growth than 71% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$873,289

Down $127,810 (-13%) from 2023

Liabilities

Down

$763,192

Down $39,363 (-4.9%) from 2023

Net Assets

Down

$110,097

Down $88,447 (-45%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin35th percentile

Revenue

Up

$606,806

Up $78,537 (+15%) from 2023

Expenses

Up

$613,064

Up $10,096 (+1.7%) from 2023

Net Income

Up

-$6,258

Up $68,441 (+92%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $167,046Liabilities 2011: $87,802Net Assets 2011: $79,2442011Assets 2012: $124,767Liabilities 2012: $60,177Net Assets 2012: $64,5902012Assets 2013: $143,271Liabilities 2013: $79,845Net Assets 2013: $63,4262013Assets 2014: $67,261Liabilities 2014: $42,289Net Assets 2014: $24,9722014Assets 2015: $70,351Liabilities 2015: $54,456Net Assets 2015: $15,8952015Assets 2016: $80,809Liabilities 2016: $66,211Net Assets 2016: $14,5982016Assets 2017: $97,121Liabilities 2017: $166,562Net Assets 2017: -$69,4412017Assets 2018: $91,018Liabilities 2018: $87,632Net Assets 2018: $3,3862018Assets 2019: $46,676Liabilities 2019: $46,676Net Assets 2019: $02019Assets 2020: $229,638Liabilities 2020: $266,108Net Assets 2020: -$36,4702020Assets 2021: $860,343Liabilities 2021: $734,722Net Assets 2021: $125,6212021Assets 2022: $1,134,840Liabilities 2022: $861,597Net Assets 2022: $273,2432022Assets 2023: $1,001,099Liabilities 2023: $802,555Net Assets 2023: $198,5442023Assets 2024: $873,289Liabilities 2024: $763,192Net Assets 2024: $110,0972024

Highlighted filing

2024

Assets$873,289
Liabilities$763,192
Net Assets$110,097
Open 2024 Filing

Operations Trend

Revenue Growth71st percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $244,787Expenses 2011: $258,988Net Income 2011: -$14,2012011Revenue 2012: $346,316Expenses 2012: $360,950Net Income 2012: -$14,6342012Revenue 2013: $390,920Expenses 2013: $392,084Net Income 2013: -$1,1642013Revenue 2014: $308,680Expenses 2014: $347,134Net Income 2014: -$38,4542014Revenue 2015: $342,312Expenses 2015: $351,388Net Income 2015: -$9,0762015Revenue 2016: $362,791Expenses 2016: $364,088Net Income 2016: -$1,2972016Revenue 2017: $307,604Expenses 2017: $391,643Net Income 2017: -$84,0392017Revenue 2018: $424,337Expenses 2018: $429,629Net Income 2018: -$5,2922018Revenue 2019: $403,073Expenses 2019: $413,642Net Income 2019: -$10,5692019Revenue 2020: $332,117Expenses 2020: $367,145Net Income 2020: -$35,0282020Revenue 2021: $499,672Expenses 2021: $400,102Net Income 2021: $99,5702021Revenue 2022: $498,901Expenses 2022: $550,193Net Income 2022: -$51,2922022Revenue 2023: $528,269Expenses 2023: $602,968Net Income 2023: -$74,6992023Revenue 2024: $606,806Expenses 2024: $613,064Net Income 2024: -$6,2582024

Highlighted filing

2024

Revenue$606,806
Expenses$613,064
Net Income-$6,258
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$873,289
Liabilities
$763,192
Net assets
$110,097
Revenue
$606,806
Expenses
$613,064
Net income
-$6,258
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.87$0.76$0.11$0.61$0.61$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.80$0.20$0.53$0.60$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.13$0.86$0.27$0.50$0.55$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.86$0.73$0.13$0.50$0.40$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.27$0.04$0.33$0.37$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.00$0.40$0.41$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.00$0.42$0.43$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.17$0.07$0.31$0.39$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.07$0.01$0.36$0.36$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.05$0.02$0.34$0.35$0.01
2014Summary only. Only limited summary data is available for this year.$0.07$0.04$0.02$0.31$0.35$0.04
2013Summary only. Only limited summary data is available for this year.$0.14$0.08$0.06$0.39$0.39$0.00
2012Summary only. Only limited summary data is available for this year.$0.12$0.06$0.06$0.35$0.36$0.01
2011Summary only. Only limited summary data is available for this year.$0.17$0.09$0.08$0.24$0.26$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 8, 2025
Return Version
2024v5.1
Gross Receipts
$606,806
Mission and Program Overview

Mission

Mission: We promote commerce by providing leadership, education and value to member. Vision: To become New Mexico's premier business organization by building strong partnerships, facilitating prosperity and developing innovative solutions.

A regional Chamber committed to improving the quality of community life driven by business leadership mentorship advocacy and prosperity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$995,757$862,693▼ $133,064
Rtn Earn Endowment Incm Other Fnds$198,544$110,097▼ $88,447
Savings and Temporary Cash Investments$5,342$10,596▲ $5,254
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,001,099$873,289▼ $127,810
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$611,324$600,836▼ $10,488
Unsecured Notes Loans Payable$186,767$156,465▼ $30,302
Accounts Payable and Accrued Expenses$4,464$5,891▲ $1,427
Grants Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$802,555$763,192▼ $39,363
Net Assets / Fund Balance
Total Net Assets Fund Balance$198,544$110,097▼ $88,447
Total Liabilities and Net Assets / Fund Balance$1,001,099$873,289▼ $127,810

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$650,364--
Other Land Buildings$2,645--
Land$168,000--
Equipment$28,431--
Leasehold Improvements$13,253--
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gerald SchalowCEOFT$101,650$101,650

Board Members and Trustees

NameTitle
Nico OrtizChairman
Erin DominguezChairwoman
Alice BrouseauTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$564,906
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$41,900
All Other Contributions
$56,248
Change in Net Assets
$-6,258
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$334,185
Salaries, Compensation, and Employee Benefits$278,879
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$0$0$0$254,333
Conferences and Meetings$0$0$0$129,225
Depreciation Depletion$0$0$0$69,509
Occupancy$0$0$0$61,261
Information Technology$0$0$0$30,849
Office Expenses$0$0$0$27,824
Payroll Taxes$0$0$0$16,104
Fees for Services Accounting$0$0$0$5,709
Other Employee Benefits$0$0$0$4,291
Advertising$0$0$0$4,280
Pension Plan Contributions$0$0$0$4,151
Insurance$0$0$0$3,393
Travel$0$0$0$2,135
Total Functional Expenses$0$0$0$613,064
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner$52,030$52,030$0$52,030
Golf$50,675$50,675$0$50,675
Total Events$102,705$102,705$66,886$35,819
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 8A

“Board meetings are regularly scheduled meetings and require quorum from the entire board”

Part VI, Line 11A

“Review in executive committee and board meeting”

Filing and Contact Details

Filer

Filer Name
Rio Rancho Chamber of Commerce
EIN
85-0290692
Phone
5058921533
Address
4201 Crestview SE, Rio Rancho, NM 87124

Signing Officer

Name
Gerald Schalow
Title
CEO
Phone
5058921533
Signed
2025-11-08

Organization Details

Principal Officer
Gerald Schalow
Formed
1980
Legal Domicile
Nm
Voting Board Members
23
Independent Board Members
22
Employees
0
Volunteers
20
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