Associated Contractors of New Mexico

EIN: 850020740

Albuquerque, NM

Total Revenue
$1,763,700
Total Expenses
$1,711,516
Total Assets
$2,864,516
Net Assets
$2,609,717
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1925
Legal Domicile
NM
Principal Officer
James Garcia
Phone
5053442072
Tax Period
2024-01-01 to 2024-12-31

Associated Contractors of New Mexico, founded in 1925, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024.

Mission

The Organizations mission is to provide its members with the opportunity to work collectively to develop informational and educational programs to improve the overall work practices of the industry, and provide a forum for industry networking.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,050,333
Program Service Revenue $595,200
Investment Income $60,544
Other Revenue $57,623
TOTAL REVENUE $1,763,700

Expense Breakdown

Grants Paid $47,370
Salaries & Benefits $550,639
Fundraising Expenses $0
Other Expenses $1,113,507
TOTAL EXPENSES $1,711,516

Year-over-Year Comparison

2024 2023 Change
Revenue $1,763,700 $1,724,651 +0.0%
Expenses $1,711,516 $1,627,379 +0.1%
Net Income $52,184 $97,272 -0.5%
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

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Governance

Voting Members
9
Independent Members
9
Employees
7
Volunteers
N/A

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
4
$207,024
Total Directors
10
$0
Key Employees
1
$207,024
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Garcia Executive Director 50.00
Officer Key Emp
$186,175 $20,849 $207,024
David Shoup Member 1.00
Director
$0 $0 $0
Keith Sampson Member-Non Voting 1.00
Director
$0 $0 $0
Robert Wood Member 1.00
Director
$0 $0 $0
Neil Jackson Member 1.00
Director
$0 $0 $0
Frank Sanchez Member 1.00
Director
$0 $0 $0
Richard Montoya Member 1.00
Director
$0 $0 $0
Kyle High Member 1.00
Director
$0 $0 $0
Shawn Hammer President 3.00
Officer Director
$0 $0 $0
Patrick Shaw Vice President 2.00
Officer Director
$0 $0 $0
Christian Hasse SecretaryTreasurer 2.00
Officer Director
$0 $0 $0
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
2024 $1,763,700 $1,711,516 $2,864,516 $52,184
2023 $1,724,651 $1,627,379 $2,821,878 $97,272
2022 $1,633,391 $1,490,585 $2,468,106 $142,806
2021 $1,641,034 $1,297,247 $2,314,079 $343,787
2020 $1,347,295 $1,153,400 $2,141,745 $193,895
2019 $1,543,509 $1,353,871 $1,935,956 $189,638
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