NEW MEXICO COMMUNITY DEVELOPMENT LOAN FUND INC (EIN 850377424) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

F LEROY PACHECO

Phone

5052433196

Tax Period

2023-01-01 to 2023-12-31

NEW MEXICO COMMUNITY DEVELOPMENT LOAN FUND INC, founded in 1989, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO ENCOURAGE AND FACILITATE THE INVESTMENT OF CAPITAL IN LOW-INCOME NEW MEXICO COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $928,070

Program Service Revenue $1,676,180

Investment Income $33,984

Other Revenue $0

TOTAL REVENUE $2,638,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,167,220

Fundraising Expenses $288,605

Program Expenses $2,213,075

Other Expenses $1,665,407

TOTAL EXPENSES $2,832,627

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,638,234	$2,394,022	+0.1%
Expenses	$2,832,627	$2,224,981	+0.3%
Net Income	$-194,393	$169,041	-2.1%

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

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

$449,347

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HERB CROSBY PHD	CHAIR	1.00	Officer Director	$0	$0	$0
ERIC HALL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
IDA FIERRO	SECRETARY	1.00	Officer Director	$0	$0	$0
MANNY ORTIZ	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN HORWITZ	DIRECTOR	1.00	Director	$0	$0	$0
DAR JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
DONNA L LOPEZ	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE V MIRABAL	DIRECTOR	1.00	Director	$0	$0	$0
BETH PETRUNO	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS SAMBORSKI	DIRECTOR	1.00	Director	$0	$0	$0
SHELLY BRANSCOM	DIRECTOR	1.00	Director	$0	$0	$0
MIKE DEVENZEIO	DIRECTOR	1.00	Director	$0	$0	$0
IZAAC JUDA ZUBIA	DIRECTOR	1.00	Director	$0	$0	$0
F LEROY PACHECO	PRESIDENT/CEO	40.00	Officer	$247,729	$38,277	$286,006
CONCHIE SEARLE	CFO	40.00	Officer	$142,673	$20,668	$163,341
GEORGE KENEFIC	DIRECTOR OF ENTERPRISE	40.00	Highest	$114,660	$21,759	$136,419

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	No data	No data	No data	No data
2023	$2,638,234	$2,832,627	$42,531,939	$-194,393
2022	$2,394,022	$2,224,981	$38,252,004	$169,041
2021	$1,992,673	$2,058,396	$35,223,993	$-65,723
2020	$1,786,916	$1,907,347	$30,087,017	$-120,431
2019	$1,432,338	$1,591,265	$26,334,642	$-158,927
2018	$1,323,072	$1,564,494	$18,285,431	$-241,422

NEW MEXICO COMMUNITY DEVELOPMENT LOAN FUND INC