PUBLIC SERVICE COMPANY OF NEW MEXICO

EIN: 850432307

PITTSBURGH, PA

Total Revenue
$2,524,793
Total Expenses
$2,161,245
Total Assets
$68,842,773
Net Assets
$68,842,773
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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
1994
Legal Domicile
NM
Principal Officer
BRENT HEINTZELMAN
Phone
4122342242
Tax Period
2023-01-01 to 2023-12-31

PUBLIC SERVICE COMPANY OF NEW MEXICO, founded in 1994, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $2.2M left a modest 14% surplus.

Mission

TO PROVIDE BENEFITS TO ELIGIBLE MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2,124,793
Other Revenue $400,000
TOTAL REVENUE $2,524,793

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,914
Fundraising Expenses $0
Other Expenses $32,118
TOTAL EXPENSES $2,161,245

Year-over-Year Comparison

2023 2022 Change
Revenue $2,524,793 $1,998,199 +0.3%
Expenses $2,161,245 $2,544,624 -0.2%
Net Income $363,548 $-546,425 -1.7%
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
1
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE (SEE SCHEDULE O) 0.0
$23,914 $0 $23,914
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 $2,524,793 $2,161,245 $68,842,773 $363,548
2022 $1,998,199 $2,544,624 $63,709,380 $-546,425
2021 $9,189,206 $2,709,616 $88,230,387 $6,479,590
2020 $29,245,081 $2,976,362 $87,097,235 $26,268,719
2019 $3,608,790 $3,277,197 $80,955,584 $331,593
2018 $3,291,992 $2,302,887 $65,089,664 $989,105
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