STATE BAR OF NEW MEXICO

EIN: 850242641

ALBUQUERQUE, NM

Total Revenue
$4,205,627
Total Expenses
$4,040,403
Total Assets
$9,326,023
Net Assets
$2,452,682
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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NM
Principal Officer
RICHARD SPINELLO
Phone
5057976000
Tax Period
2024-01-01 to 2024-12-31

STATE BAR OF NEW MEXICO, founded in 1978, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $4.0M left a modest 4% surplus.

Mission

THE MISSION OF THE STATE BAR OF NEW MEXICO IS TO BE A UNITED AND INCLUSIVE ORGANIZATION SERVING THE LEGAL PROFESSION AND THE PUBLIC.

Program Service Accomplishments

Program 1
Expenses: $1,089,997

GENERAL OPERATIONS & MEMBER SERVICES THE STATE BAR CENTER - THE STATE BAR CENTER PROVIDES A MEETING SPACE FOR CONFERENCES, SEMINARS, TRAININGS, MEDIATION, AND OTHER NETWORKING AND SOCIAL GATHERINGS...

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GENERAL OPERATIONS & MEMBER SERVICES THE STATE BAR CENTER - THE STATE BAR CENTER PROVIDES A MEETING SPACE FOR CONFERENCES, SEMINARS, TRAININGS, MEDIATION, AND OTHER NETWORKING AND SOCIAL GATHERINGS, AS A SERVICE TO MEMBERS OF THE STATE BAR. THE STATE BAR CENTER IS ALSO AVAILABLE FOR USE BY THE GENERAL PUBLIC. MEMBERS SERVICES - SERVICES AND EVENTS OFFERED BY THE STATE BAR TO ITS MEMBERS INCLUDE: ANNUAL MEETING - THE STATE BAR AND THE CENTER FOR LEGAL EDUCATION COLLABORATE ON PRESENTING THE ANNUAL MEETING IN ADDITION TO PROVIDING EDUCATIONAL PROGRAMS AT THIS EVENT. AWARDS TO RECOGNIZE THOSE WHO HAVE DISTINGUISHED THEMSELVES OR WHO HAVE MADE EXEMPLARY CONTRIBUTIONS TO THE STATE BAR ARE PRESENTED. COMMITTEES, DIVISIONS, AND SECTIONS - MEMBERS ARE PROVIDED OPPORTUNITIES TO SERVE ON OR JOIN VARIOUS STANDING COMMITTEES, DIVISIONS, WHICH PROMOTE THE SPECIAL INTERESTS OF SENIOR LAWYERS, AND PRACTICE AREA SECTIONS.

Program 2
Expenses: $817,788

OFFICE OF GENERAL COUNSEL AND REGULATORY PROGRAMS THE OFFICE OF GENERAL COUNSEL IS A PROFESSIONAL OFFICE THAT ASSISTS THE STATE BAR AND THE FOUNDATION WITH POLICY AND REGULATORY FUNCTIONS OF AN...

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OFFICE OF GENERAL COUNSEL AND REGULATORY PROGRAMS THE OFFICE OF GENERAL COUNSEL IS A PROFESSIONAL OFFICE THAT ASSISTS THE STATE BAR AND THE FOUNDATION WITH POLICY AND REGULATORY FUNCTIONS OF AN INTEGRATED BAR. SPECIFICALLY, ITS FUNCTIONS ARE TO PROTECT THE LEGAL AND POLICY INTERESTS OF THE STATE BAR; ASSIST IN GOVERNANCE AND REGULATORY FUNCTIONS; PROVIDE A PROFESSIONAL LEGAL RESOURCE FOR LEADERSHIP, VOLUNTEERS, AND STAFF; ASSIST WITH OUTREACH TO THE JUDICIARY; AND ADVISE IN THE AREAS OF LEGISLATIVE, EXECUTIVE, AND JUDICIAL PROCESSES. IN ADDITION, THE OFFICE OF GENERAL COUNSEL OVERSEES THE ADMINISTRATION OF THE ACCESS TO JUSTICE FUND (ATJ) AND THE CLIENT PROTECTION FUND (CPF). THE STATE BAR'S ATJ FUND GRANT COMMISSION IS THE FINANCIAL STEWARD OF THE NEW MEXICO SUPREME COURT FUND FOR THE ATJ FUND, FOR WHICH THE STATE BAR IS THE FISCAL AGENT. THE ATJ FUND CONSISTS OF FUNDS GENERATED PURSUANT TO SUPREME COURT RULE, INCLUDING INTEREST ON LAWYER'S TRUST ACCOUNTS (IOLTA) AND PRO HAC VICE FEES, AS WELL AS DONATIONS. THE ATJ FUND PROVIDES GRANTS TO QUALIFIED CIVIL LEGAL SERVICE PROVIDERS SELECTED BY THE ATJ FUND GRANT COMMISSION. THE STATE BAR IS ALSO THE IOLTA PROGRAM ADMINISTRATOR FOR NEW MEXICO. AN IOLTA ACCOUNT IS A POOLED, INTEREST-BEARING DEMAND DEPOSIT ACCOUNT USED BY LAWYERS TO HOLD CLIENT FUNDS. THE CURRENT RULES REQUIRE THAT ALL NEW MEXICO ATTORNEYS WHO HOLD ELIGIBLE FUNDS TO PARTICIPATE IN IOLTA AND THAT THE FUNDS BE HELD AT ELIGIBLE FINANCIAL INSTITUTIONS. THE INTEREST GENERATED BY THE CLIENT FUNDS HELD IN A POOLED, INTEREST-BEARING TRUST ACCOUNT ARE REMITTED TO THE STATE BAR, WHICH HOLDS THE FUNDS IN THE ATJ FUND AND DISTRIBUTES THEM AT THE DISCRETION OF THE NEW MEXICO SUPREME COURT AND THE ATJ FUND GRANT COMMISSION. THE COMMISSION ON CLIENT PROTECTION IS A STATEWIDE BODY WHOSE PURPOSE IS TO PROMOTE PUBLIC CONFIDENCE IN THE ADMINISTRATION OF JUSTICE AND THE INTEGRITY OF THE LEGAL PROFESSION BY REIMBURSING LOSSES CAUSED BY THE DISHONEST CONDUCT OF LAWYERS ADMITTED AND LICENSED TO PRACTICE LAW IN THE COURTS OF NEW MEXICO. THE FUNDS IN THE CLIENT PROTECTION FUND ARE USED FOR REIMBURSING THESE LOSSES. THE OFFICE OF GENERAL COUNSEL AND REGULATORY PROGRAMS ALSO OVERSEES THE LICENSING OF NEW MEXICO ADMITTED ATTORNEYS AND NONADMITTED ATTORNEYS WISHING TO APPEAR BEFORE A NEW MEXICO COURT IN A CIVIL MATTER, WHO ARE CHARGED PRO HAC VICE FILING FEES.

Program 3
Expenses: $647,473

PROFESSIONAL PROGRAMS GROUP PROVIDES EDUCATION, ASSISTANCE, RESOURCES AND SUPPORT FOR NEW MEXICO ATTORNEYS IN ALL AREAS AND STAGES OF THE PRACTICE OF LAW. THE GROUP IS MADE UP OF LAW OFFICE...

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PROFESSIONAL PROGRAMS GROUP PROVIDES EDUCATION, ASSISTANCE, RESOURCES AND SUPPORT FOR NEW MEXICO ATTORNEYS IN ALL AREAS AND STAGES OF THE PRACTICE OF LAW. THE GROUP IS MADE UP OF LAW OFFICE MANAGEMENT RESOURCES, BEST PRACTICES, ETHICS ASSISTANCE AND HELPLINE, HEALTHY STANDARDS FOR PRACTICING LAW AND PROFESSIONAL ASSISTANCE WITH VARIOUS ADDICTIONS THROUGH THE LAWYERS ASSISTANCE PROGRAM.

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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 $0
Program Service Revenue $4,221,770
Investment Income $2,800
Other Revenue $-18,943
TOTAL REVENUE $4,205,627

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,366,938
Fundraising Expenses $0
Program Expenses $3,076,041
Other Expenses $1,673,465
TOTAL EXPENSES $4,040,403

Year-over-Year Comparison

2024 2023 Change
Revenue $4,205,627 $3,836,979 +0.1%
Expenses $4,040,403 $4,159,646 0.0%
Net Income $165,224 $-322,667 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
22
Independent Members
22
Employees
33
Volunteers
2500

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
5
$184,244
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEN SHERMAN PAST PRESIDE 1.00
Officer Director
$0 $0 $0
ERINNA ATKINS PRESIDENT 1.00
Officer Director
$0 $0 $0
AJA BROOKS PRESIDENT- E 1.00
Officer Director
$0 $0 $0
ALLISON BLOCK-CHAVEZ SECRETARY-TR 1.00
Officer Director
$0 $0 $0
DAN BEHLES COMMISSIONER 1.00
Director
$0 $0 $0
ROSENDA CHAVEZ-LARA COMMISSIONER 1.00
Director
$0 $0 $0
SEAN FITZPATRICK COMMISSIONER 1.00
Director
$0 $0 $0
CONNIE FLORES COMMISSIONER 1.00
Director
$0 $0 $0
PARKER FOLSE COMMISSIONER 1.00
Director
$0 $0 $0
TOMAS GARCIA COMMISSIONER 1.00
Director
$0 $0 $0
DAVID LUTZ COMMISSIONER 1.00
Director
$0 $0 $0
MITCHELL MENDER COMMISSIONER 1.00
Director
$0 $0 $0
JESSICA PEREZ COMMISSIONER 1.00
Director
$0 $0 $0
BRETT PHELPS COMMISSIONER 1.00
Director
$0 $0 $0
ANDREA SALAZAR COMMISSIONER 1.00
Director
$0 $0 $0
JOE SAWYER COMMISSIONER 1.00
Director
$0 $0 $0
STEVE SCHOLL COMMISSIONER 1.00
Director
$0 $0 $0
SIMONE SEILER COMMISSIONER 1.00
Director
$0 $0 $0
OLGA SERAFIMOVA COMMISSIONER 1.00
Director
$0 $0 $0
LUCY SINKULAR COMMISSIONER 1.00
Director
$0 $0 $0
ELIZABETH TRAVIS COMMISSIONER 1.00
Director
$0 $0 $0
RANDY TAYLOR COMMISSIONER 1.00
Director
$0 $0 $0
MERYL SUTTON COMMISSIONER 1.00
Director
$0 $0 $0
RICHARD SPINELLO EXECUTIVE DI 59.00
Officer
$162,583 $21,661 $184,244
STORMY RALSTIN GENERAL COUN 50.00
Highest
$142,982 $23,168 $166,150
DAVID R POWELL DIRECTOR OF 50.00
Highest
$132,173 $17,597 $149,770
PAMELA O MOORE DIRECTOR- PR 40.00
Highest
$111,806 $17,206 $129,012
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 $4,205,627 $4,040,403 $9,326,023 $165,224
2024 No data No data No data No data
2023 $3,836,979 $4,159,646 $7,574,584 $-322,667
2022 $3,987,221 $3,784,769 $6,148,038 $202,452
2021 $3,577,386 $3,347,079 $6,272,489 $230,307
2020 $3,308,626 $3,184,493 $6,003,967 $124,133
2019 $3,542,050 $3,239,527 $5,954,144 $302,523
2018 $3,509,407 $3,064,829 $5,746,158 $444,578
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