ALBUQUERQUE, NM
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ELEVATED LENDING CERTIFIED DEVELOPMENT COMPANY, founded in 1988, is a small nonprofit in the Community Improvement sector that reported $699K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.
TO ASSIST IN THE GROWTH AND DEVELOPMENT OF SMALL BUSINESS CONCERNS IN THE STATE OF NEW MEXICO
SBA 504 LOAN PROGRAM - THE OBJECTIVE OF THE SBA 504 LOAN PROGRAM IS TO ACHIEVE COMMUNITY ECONOMIC DEVELOPMENT THROUGH JOB CREATION AND RETENTION BY PROVIDING LONG-TERM, LOW DOWN PAYMENT, REASONABLY...
SBA 504 LOAN PROGRAM - THE OBJECTIVE OF THE SBA 504 LOAN PROGRAM IS TO ACHIEVE COMMUNITY ECONOMIC DEVELOPMENT THROUGH JOB CREATION AND RETENTION BY PROVIDING LONG-TERM, LOW DOWN PAYMENT, REASONABLY PRICED, FIXED ASSETS FINANCING TO EXPAND SMALL AND MEDIUM SIZED BUSINESSES. ELCDC MARKETS SBA LOAN PROGRAMS, SCREENS PROJECTS FOR PROGRAM APPLICABILITY, PACKAGES LOAN PROPOSALS, WORKS WITH PRIVATE LENDERS TO SECURE COMMITMENTS, COORDINATES THE SALE OF SBA GUARANTEED DEBENTURES FOR 504 LOANS, AND SERVICES APPROVED 504 LOANS. ELCDC SERVICED LOANS WITH FUNDED AMOUNTS TOTALING APPROXIMATELY $120,000,000 AT SEPTEMBER 30, 2025, WITH MATURITIES RANGING FROM 2025 TO 2050. THE ORGANIZATION RECEIVES .625%, PER ANNUM, OF PRINCIPAL OUTSTANDING AS A LOAN-SERVICING FEE.
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 | $698,654 | $757,250 | -0.1% |
| Expenses | $742,910 | $639,699 | +0.2% |
| Net Income | $-44,256 | $117,551 | -1.4% |
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 |
|---|---|---|---|---|---|---|
| MAYLING ARMIJO | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$141,615 | $15,736 | $157,351 |
| CHRIS CLEPPER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RANDY TRASK | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL ARMIJO | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN BROOKS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| YURIRIA MORALES-MANGONE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN C SHETTLESWORTH | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JILL SWEENEY | SECRETARY | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARCOS A GONZALES | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $698,654 | $742,910 | $1,239,521 | $-44,256 |
| 2024 | $757,250 | $639,699 | $1,060,195 | $117,551 |
| 2023 | $746,858 | $881,317 | $953,424 | $-134,459 |
| 2022 | $993,953 | $901,458 | $1,050,394 | $92,495 |
| 2021 | $790,092 | $768,295 | $994,069 | $21,797 |
| 2020 | $813,311 | $748,949 | $882,637 | $64,362 |
| 2019 | $981,924 | $859,318 | $830,131 | $122,606 |
| 2018 | $865,602 | $987,534 | $688,316 | $-121,932 |
Compare ELEVATED LENDING CERTIFIED DEVELOPMENT COMPANY with other nonprofits in New Mexico and across the country.