Civic Intelligence

Small Business Investment

EIN 85-0482958 • 501(c)4 • Tijeras, NM

Profile

To make debt or equity investments to support new or expanding businesses in the state of new mexico, to create new job opportunities, and to implement the new mexico small business investment act.

PO Box 1211Tijeras, NM 87059

www.nmsbic.org

Siviq Scores

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

Liabilities / Assets

30th percentile

0.05x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)4 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

54th percentile

0.32x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)4 • $100M-$250M nonprofits • Source year 2025

Net Margin

94th percentile

98%

Higher net margin than 94% of similar nonprofits.

501(c)4 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

33rd percentile

$246,348

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)4 • $100M-$250M nonprofits • Source year 2025

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

501(c)4 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

21st percentile

-7.1%

Faster revenue growth than 21% of similar nonprofits.

501(c)4 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Assets

Up

$190,068,247

Up $33,130,567 (+21%) from 2024

Liabilities

Up

$9,117,064

Up $4,586,806 (+101%) from 2024

Net Assets

Up

$180,951,183

Up $28,543,761 (+19%) from 2024

Revenue

Down

$28,785,359

Down $2,192,379 (-7.1%) from 2024

Expenses

Down

$472,124

Down $10,538 (-2.2%) from 2024

Net Income

Down

$28,313,235

Down $2,181,841 (-7.2%) from 2024

Trend Graphs

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2011: $36,718,662Liabilities 2011: $0Net Assets 2011: $36,718,6622011Assets 2012: $35,421,472Liabilities 2012: $161,520Net Assets 2012: $35,259,9522012Assets 2013: $35,868,847Liabilities 2013: $120,000Net Assets 2013: $35,748,8472013Assets 2014: $36,106,707Liabilities 2014: $31,749Net Assets 2014: $36,074,9582014Assets 2015: $37,652,349Liabilities 2015: $371,347Net Assets 2015: $37,281,0022015Assets 2016: $41,663,657Liabilities 2016: $2,630,141Net Assets 2016: $39,033,5162016Assets 2017: $38,870,665Liabilities 2017: $415,727Net Assets 2017: $38,454,9382017Assets 2018: $40,541,388Liabilities 2018: $380Net Assets 2018: $40,541,0082018Assets 2019: $39,475,956Liabilities 2019: $784,219Net Assets 2019: $38,691,7372019Assets 2020: $98,226,470Liabilities 2020: $1,709,474Net Assets 2020: $96,516,9962020Assets 2021: $97,449,979Liabilities 2021: $639,571Net Assets 2021: $96,810,4082021Assets 2022: $120,253,275Liabilities 2022: $6,594,080Net Assets 2022: $113,659,1952022Assets 2023: $123,837,033Liabilities 2023: $1,958,110Net Assets 2023: $121,878,9232023Assets 2024: $156,937,680Liabilities 2024: $4,530,258Net Assets 2024: $152,407,4222024Assets 2025: $190,068,247Liabilities 2025: $9,117,064Net Assets 2025: $180,951,1832025

Highlighted filing

2025

Assets$190,068,247
Liabilities$9,117,064
Net Assets$180,951,183

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2011: -$1,363,500Expenses 2011: $1,058,264Net Income 2011: -$2,421,7642011Expenses 2012: $700,0382012Revenue 2013: $272,284Expenses 2013: $1,078,041Net Income 2013: -$805,7572013Revenue 2014: $518,199Expenses 2014: $386,883Net Income 2014: $131,3162014Revenue 2015: $1,004,786Expenses 2015: $987,923Net Income 2015: $16,8632015Revenue 2016: $4,138,866Expenses 2016: $2,778,134Net Income 2016: $1,360,7322016Revenue 2017: $896,283Expenses 2017: $374,283Net Income 2017: $522,0002017Revenue 2018: $1,965,642Expenses 2018: $325,090Net Income 2018: $1,640,5522018Revenue 2019: $4,383,887Expenses 2019: $413,051Net Income 2019: $3,970,8362019Revenue 2020: $59,149,516Expenses 2020: $1,204,856Net Income 2020: $57,944,6602020Revenue 2021: $911,357Expenses 2021: $1,022,927Net Income 2021: -$111,5702021Revenue 2022: $18,780,522Expenses 2022: $423,966Net Income 2022: $18,356,5562022Revenue 2023: $8,947,897Expenses 2023: $424,082Net Income 2023: $8,523,8152023Revenue 2024: $30,977,738Expenses 2024: $482,662Net Income 2024: $30,495,0762024Revenue 2025: $28,785,359Expenses 2025: $472,124Net Income 2025: $28,313,2352025

Highlighted filing

2025

Revenue$28,785,359
Expenses$472,124
Net Income$28,313,235

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$190$9.12$181$28.8$0.47$28.3
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$157$4.53$152$31.0$0.48$30.5
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$124$1.96$122$8.95$0.42$8.52
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$120$6.59$114$18.8$0.42$18.4
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.4$0.64$96.8$0.91$1.02$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.2$1.71$96.5$59.1$1.20$57.9
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.5$0.78$38.7$4.38$0.41$3.97
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.5$0.00$40.5$1.97$0.33$1.64
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.9$0.42$38.5$0.90$0.37$0.52
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.7$2.63$39.0$4.14$2.78$1.36
2015Detailed filing. Detailed filing data is available for this year.$37.7$0.37$37.3$1.00$0.99$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.1$0.03$36.1$0.52$0.39$0.13
2013Summary only. Only limited summary data is available for this year.$35.9$0.12$35.7$0.27$1.08$0.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.4$0.16$35.3$0.70
2011Summary only. Only limited summary data is available for this year.$36.7$0.00$36.7$1.36$1.06$2.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 20, 2026
Return Version
2024v5.0
Gross Receipts
$28,785,359
Mission and Program Overview

Mission

To make debt or equity investments to support new or expanding businesses in the state of new mexico, to create new job opportunities, and to implement the new mexico small business investment act.

To make debt or equity investments to support new or expanding businesses in the state of new mexico

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$152,407,422$180,951,183▲ $28,543,761
Investments Program Related$110,183,167$121,825,560▲ $11,642,393
Savings and Temporary Cash Investments$38,865,348$57,880,488▲ $19,015,140
Investments Other Securities$7,506,250$9,976,055▲ $2,469,805
Accounts Receivable$349,471$365,491▲ $16,020
Cash and Non-Interest-Bearing Accounts$19,793$14,712▼ $5,081
Prepaid Expenses and Deferred Charges$13,651$5,941▼ $7,710
Total Assets$156,937,680$190,068,247▲ $33,130,567
Liabilities
Other Liabilities$4,503,110$9,088,371▲ $4,585,261
Accounts Payable and Accrued Expenses$27,148$28,693▲ $1,545
Total Liabilities$4,530,258$9,117,064▲ $4,586,806
Net Assets / Fund Balance
Total Net Assets Fund Balance$152,407,422$180,951,183▲ $28,543,761
Total Liabilities and Net Assets / Fund Balance$156,937,680$190,068,247▲ $33,130,567

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$5,298--
Other Securities$9,976,055--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Exec Dir/invFT$246,348-$246,348
-Exec Dir/invest Adv-$211,348$35,000$246,348

Board Members and Trustees

NameTitle
Joshua SmithChair
Anne BeckettVice Chair
Joshua GrasshamDirector
Kristina AlleyDirector
Laura MontoyaDirector
Sayuri YamadaDirector
Robert ValdiviezSecretary/tr

Highest Paid Contractors

ContractorServicesLocationCompensation
Russ Cummins Rdc Advisors LLCFinancial Advis37 CALLE VALLECITOS, Tijeras, NM 87059$246,348
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$26,685,175
Investment Income
$2,100,184
Other Revenue
$0
Change in Net Assets
$28,313,235

Audited Revenue Reconciliation

Revenue per Audited Statements
$28,785,359
Revenue Not Reported on Form 990
$230,526
Total Revenue per Audited Statements
$29,015,885
Total Revenue per Form 990
$28,785,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$262,373
Other Expenses$209,751
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$166,716$95,657-$262,373
Fees for Services Accounting-$52,322-$52,322
Fees for Services Other-$42,931-$42,931
Fees for Services Legal-$22,405-$22,405
Occupancy-$11,825-$11,825
Insurance-$5,600-$5,600
Other Expenses$31,374$2,633-$2,633
All Other Expenses-$2,145-$2,145
Conferences and Meetings-$394-$394
Total Functional Expenses$231,525$240,599$0$472,124

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$472,124
Total Expenses per Audited Statements$472,124
Total Expenses per Form 990$472,124
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Debt Funding Payable (net)$5,608,660
Due to State of Nm Severance Tax$3,479,711
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 7A

The governor of the state of new mexico shall appoint, with the consent of the senate of the state of new mexico, six public directors of the board who shall serve at the pleasure of the governor. The governor's appointees to the board shall be public members who have general expertise in small business management, but they shall not be employed by or represent small businesses receiving equity investments from the corporation.

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

A copy of the form 990 will be provided to each board member and approved by the board.

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

Members of the board are required annually to review the conflict of interest policy and certify as to compliance.

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

The process for determining compensation for the nmsbic's executive director/investment advisor includes a review of comparability data performed by nmsbic's legal counsel, which is reviewed and taken into consideration by the nmsbic board of directors in the deliberation and decision process for approving such compensation.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. The organization annually files a report to the stated entities as required by the new mexico statute, to the governor and legislative finance committee.

Filing and Contact Details

Filer

Filer Name
Small Business Investment
EIN
85-0482958
Phone
5052747789
Address
PO BOX 1211, TIJERAS, NM 87059
Doing Business As
Nm Small Business Invest Corp

Signing Officer

Name
Joshua Smith
Title
Chair
Phone
5052747789
Signed
2026-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Smith
Formed
2000
Legal Domicile
Nm
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Pulakos Cpas Pc
Address
6753 ACADEMY RD NE, ALBUQUERQUE, NM 87109
Preparer
Robert a Depasquale CPA
Phone
5053381500
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

Nm small business invest corp

Form 990

Form 990, part ix, line 11c total of 52,322 includes the following: accounting services: 15,676 audit services: 32,266 tax preparation services: 4,380

Form 990, Part XII

Line 3b- reason for not undergoing required audit- the organization did not receive any federal awards.

Raw XML AppendixShowing 400 of 415 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/MissionDesc0TO MAKE DEBT OR EQUITY INVESTMENTS TO SUPPORT NEW OR EXPANDING BUSINESSES IN THE STATE OF NEW MEXICO, TO CREATE NEW JOB OPPORTUNITIES, AND TO IMPLEMENT THE NEW MEXICO SMALL BUSINESS INVESTMENT ACT.
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IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/Desc1FINANCE NEW MEXICO
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12633
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION ALSO HAS AN EQUITY PROGRAM THAT HISTORICALLY MADE INVESTMENTS IN VENTURE CAPITAL EQUITY FUNDS. NO NEW EQUITY INVESTMENT COMMITMENTS HAVE BEEN MADE IN RECENT YEARS, BUT THERE ARE OUTSTANDING INVESTMENTS FROM PRIOR YEARS. TOTAL EQUITY INVESTMENTS OUTSTANDING WERE 1.6 MILLION AS OF JUNE 30, 2025.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt056226
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0180951183
IRS990/SavingsAndTempCashInvstGrp/BOYAmt038865348
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0472124
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt8617697
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1081091
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt115298
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0VENTANA FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1NMCDLF INC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2CLEARINGHOUSE CDFI
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3HOMEWISE INC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4NM ST INVEST COUNCIL
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5RBC SBA POOL
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6DREAMSPRING 2
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7VERGE FUND I II COMBINED, LP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8NOTES RECEIVABLE-CINNAFILM
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc9NOTES RECEIVABLE-NUVITA
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc10WESST CORP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc11DREAMSPRING 3
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEBT FUNDING PAYABLE (NET)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO STATE OF NM SEVERANCE TAX
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0US TREASURY BONDS
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IRS990ScheduleD/RevenueSubtotalAmt028785359
IRS990ScheduleD/TotalBookValueProgramRltdAmt0121825560
IRS990ScheduleD/TotalBookValueSecuritiesAmt09976055
IRS990ScheduleD/TotalExpensesPerForm990Amt0472124
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IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount035000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt0RUSS CUMMINS (RDC ADVISORS LLC)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXEC DIR/INVEST ADV
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0246348
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT PROVIDE ANY HEALTH INSURANCE OR RETIREMENT BENEFITS, NOR DOES IT COVER GROSS RECEIPTS TAX OR THE EMPLOYER PORTION OF FICA AND MEDICARE TAXES FOR THE INDEPENDENT CONTRACTOR.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NM SMALL BUSINESS INVEST CORP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART IX, LINE 11C TOTAL OF 52,322 INCLUDES THE FOLLOWING: ACCOUNTING SERVICES: 15,676 AUDIT SERVICES: 32,266 TAX PREPARATION SERVICES: 4,380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNOR OF THE STATE OF NEW MEXICO SHALL APPOINT, WITH THE CONSENT OF THE SENATE OF THE STATE OF NEW MEXICO, SIX PUBLIC DIRECTORS OF THE BOARD WHO SHALL SERVE AT THE PLEASURE OF THE GOVERNOR. THE GOVERNOR'S APPOINTEES TO THE BOARD SHALL BE PUBLIC MEMBERS WHO HAVE GENERAL EXPERTISE IN SMALL BUSINESS MANAGEMENT, BUT THEY SHALL NOT BE EMPLOYED BY OR REPRESENT SMALL BUSINESSES RECEIVING EQUITY INVESTMENTS FROM THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 WILL BE PROVIDED TO EACH BOARD MEMBER AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS OF THE BOARD ARE REQUIRED ANNUALLY TO REVIEW THE CONFLICT OF INTEREST POLICY AND CERTIFY AS TO COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS FOR DETERMINING COMPENSATION FOR THE NMSBIC'S EXECUTIVE DIRECTOR/INVESTMENT ADVISOR INCLUDES A REVIEW OF COMPARABILITY DATA PERFORMED BY NMSBIC'S LEGAL COUNSEL, WHICH IS REVIEWED AND TAKEN INTO CONSIDERATION BY THE NMSBIC BOARD OF DIRECTORS IN THE DELIBERATION AND DECISION PROCESS FOR APPROVING SUCH COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION ANNUALLY FILES A REPORT TO THE STATED ENTITIES AS REQUIRED BY THE NEW MEXICO STATUTE, TO THE GOVERNOR AND LEGISLATIVE FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LINE 3B- REASON FOR NOT UNDERGOING REQUIRED AUDIT- THE ORGANIZATION DID NOT RECEIVE ANY FEDERAL AWARDS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0231525
IRS990/TotalFunctionalExpensesGrp/TotalAmt0472124
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04530258
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IRS990/TotalProgramServiceExpensesAmt0231525
IRS990/TotalProgramServiceRevenueAmt026685175
IRS990/TotalReportableCompFromOrgAmt0246348
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt028785359
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0156937680
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0190068247
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1211
IRS990/USAddress/CityNm0TIJERAS
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087059
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.NMSBIC.ORG
IRS990/WhistleblowerPolicyInd0true
IRS990/WrittenPolicyOrProcedureInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSHUA SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05052747789
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SMALL BUSINESS INVESTMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SMAL
ReturnHeader/Filer/EIN0850482958
ReturnHeader/Filer/PhoneNum05052747789
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1211
ReturnHeader/Filer/USAddress/CityNm0TIJERAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087059

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