NEW MEXICO AFFORDABLE HOUSING CHAR… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

ISIDORO HERNANDEZ

Phone

5057672253

Tax Period

2024-10-01 to 2025-09-30

NEW MEXICO AFFORDABLE HOUSING CHARITABLE TRUST, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $347K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $306K left a modest 12% surplus.

Mission

RAISING FUNDS TO DISTRIBUTE TO INDIVIDUALS IN THE LOW AND MODERATE INCOME LEVELS TO ASSIST IN ACQUISITION, REHABILITATION AND REPAIR OF RESIDENTIAL HOMES.

Program Service Accomplishments

Program 1

Expenses: $286,954

PROVIDED FUNDS FOR LAND ACQUISITION, INFRASTRUCTURE CONSTRUCTION, BUILDING ACQUISITION, REMODELING, IMPROVEMENT, REHABILITATION, CONVERSION, WEATHERIZATION AND FINANCING RESIDENTIAL HOUSING FOR...

PROVIDED FUNDS FOR LAND ACQUISITION, INFRASTRUCTURE CONSTRUCTION, BUILDING ACQUISITION, REMODELING, IMPROVEMENT, REHABILITATION, CONVERSION, WEATHERIZATION AND FINANCING RESIDENTIAL HOUSING FOR PERSONS OF LOW OR MODERATE INCOME LEVELS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $343,787

Program Service Revenue $0

Investment Income $3,467

Other Revenue $0

TOTAL REVENUE $347,254

Expense Breakdown

Grants Paid $286,954

Salaries & Benefits $13,472

Fundraising Expenses $0

Program Expenses $286,954

Other Expenses $5,997

TOTAL EXPENSES $306,423

Year-over-Year Comparison

	2024	2023	Change
Revenue	$347,254	$275,453	+0.3%
Expenses	$306,423	$514,116	-0.4%
Net Income	$40,831	$-238,663	-1.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$408,558

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGEL REYES	CHAIR	0.25	Officer Director	$0	$0	$0
LT GOVERNOR HOWIE MORALES	MEMBER	0.25	Director	$0	$0	$0
REBECCA WURZBURGER	TREASURER	0.25	Officer Director	$0	$0	$0
DEREK VALDO	VICE-CHAIR	0.25	Officer Director	$0	$0	$0
RANDY L TRAYNOR	MEMBER	0.25	Director	$0	$0	$0
LAURA MONTOYA	MEMBER	0.25	Director	$0	$0	$0
RAUL TORREZ	MEMBER	0.25	Director	$0	$0	$0
ISIDORO HERNANDEZ	EXECUTIVE DIRECTOR	0.03	Officer	$121	$57,822	$248,847
ARUNDHATI BOSE	CHIEF FINANCIAL OFFICER	0.00	Officer	$0	$26,064	$159,711
JEFF PAYNE	CHIEF LENDING OFFICER	0.00	Highest	$0	$31,810	$188,323
JOSEPH MCINTYRE	CONTROLLER	0.30	Highest	$0	$49,439	$166,546
DONNA MAESTAS-DEVRIES	CHIEF HOUSING OFFICER	0.10	Highest	$316	$51,061	$202,473
JOSEPH NAVARETTE	SENIOR DIRECTOR OF IT	0.00	Highest	$0	$47,740	$179,390
DOLORES WOOD	HR DIRECTOR	0.00	Highest	$0	$40,181	$161,254

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$347,254	$306,423	$720,225	$40,831
2024	$275,453	$514,116	$775,900	$-238,663
2023	$519,333	$569,991	$877,295	$-50,658
2022	$213,436	$205,848	$902,646	$7,588
2021	$511,300	$104,347	$875,961	$406,953

NEW MEXICO AFFORDABLE HOUSING CHARITABLE TRUST