SANTA FE, NM
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NM MINING ASSOCIATION, founded in 1939, is a small nonprofit that reported $342K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $323K left a modest 6% surplus.
Provide the membership with information about state and federal legislation regulatory and other actions related to the mining industry.
Weekly Legislative Reports during our Legislative Session
Provide the membership with updates from the National Mining Association and Federal Rule Changes
Represent the Membership at State Regulatory Meetings
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $342,353 | $280,944 | +0.2% |
| Expenses | $322,561 | $287,112 | +0.1% |
| Net Income | $19,792 | $-6,168 | -4.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Matthew Thompson | Executive Director | 40.00 |
Highest
|
$117,328 | $0 | $117,328 |
| Chris Cahal | President | 5.00 |
Director
|
$0 | $0 | $0 |
| Dragan Bogunovic | Vice-President | 5.00 |
Director
|
$0 | $0 | $0 |
| Steve Redenbaugh | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Erich Bower | Immediate Past President | 5.00 |
Director
|
$0 | $0 | $0 |
| Don Detlefsen | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Randy Ellison | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Michael Neumann | Past President | 5.00 |
Director
|
$0 | $0 | $0 |
| Michael Farmar | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Clint Prier | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Roy Torres | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Seth Puls | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $342,353 | $322,561 | $269,540 | $19,792 |
| 2023 | $280,944 | $287,112 | $249,748 | $-6,168 |
| 2022 | $267,309 | $229,779 | $255,907 | $37,530 |
| 2021 | $182,270 | $198,826 | $218,332 | $-16,556 |
| 2020 | $189,648 | $179,333 | $234,888 | $10,315 |
Compare NM MINING ASSOCIATION with other nonprofits in New Mexico and across the country.