NEW MEXICO ASSOCIATION OF REALTORS

EIN: 856011477

SANTA FE, NM

Total Revenue
$3,293,759
Total Expenses
$2,888,530
Total Assets
$8,995,949
Net Assets
$5,814,268
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
NM
Principal Officer
WES GRAHAM
Phone
5059822442
Tax Period
2023-01-01 to 2023-12-31

NEW MEXICO ASSOCIATION OF REALTORS, founded in 1975, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 12% surplus.

Mission

THE NEW MEXICO ASSOCIATION OF REALTORS IS ORGANIZED TO UNITE REALTORS FOR THE PURPOSE OF EFFECTIVELY EXERTING A BENEFICIAL INFLUENCE UPON MATTERS AFFECTING REAL ESTATE INTERESTS, TO PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT IN THE TRANSACTION OF REAL ESTATE BUSINESS, AND TO FOSTER AND ENCOURAGE REAL ESTATE EDUCATION AMONG ITS MEMBERS.

Program Service Accomplishments

Program 1
Expenses: $1,708,736

EDUCATION - TO PROVIDE EDUCATIONAL PROGRAMS USING BOOKS, PERIODICALS, LECTURES AND OTHER EDUCATIONAL MATERIALS TO IMPROVE MEMBER SKILLS.

Program 2

LEGISLATIVE - TO INFLUENCE LEGISLATION RELATING TO AND ASSOCIATED WITH REAL ESTATE IN GENERAL.

Program 3

SERVICES AND PUBLICATIONS - TO UNITE REAL ESTATE PROFESSIONALS FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE UPON MATTERS AFFECTING THE REAL ESTATE INTERESTS OF NEW MEXICO AND TO INFORM MEMBERS...

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SERVICES AND PUBLICATIONS - TO UNITE REAL ESTATE PROFESSIONALS FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE UPON MATTERS AFFECTING THE REAL ESTATE INTERESTS OF NEW MEXICO AND TO INFORM MEMBERS OF THESE MATTERS.

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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 $2,650,120
Investment Income $360,780
Other Revenue $282,859
TOTAL REVENUE $3,293,759

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,041,112
Fundraising Expenses $0
Program Expenses $1,708,736
Other Expenses $1,847,418
TOTAL EXPENSES $2,888,530

Year-over-Year Comparison

2023 2022 Change
Revenue $3,293,759 $2,088,473 +0.6%
Expenses $2,888,530 $2,294,985 +0.3%
Net Income $405,229 $-206,512 -3.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
58
Independent Members
58
Employees
10
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
1
$205,639
Total Directors
63
$0
Key Employees
1
$155,052
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HUBERT HILL PRESIDENT 2.00
Director
$0 $0 $0
COLEEN DEARING PRESIDENT EL 2.00
Director
$0 $0 $0
WES GRAHAM TREASURER 2.00
Director
$0 $0 $0
DAN COLEMAN FIRST VP 2.00
Director
$0 $0 $0
DAMON MADDOX IMMEDIATE PA 2.00
Director
$0 $0 $0
CATHY COLVIN CENTRAL VICE 2.00
Director
$0 $0 $0
ANDREA DOBYNS NE DISTRICT 2.00
Director
$0 $0 $0
TIM MACEACHEN CARNM DIST. 2.00
Director
$0 $0 $0
ESTHER PURKEY SE DISTRICT 2.00
Director
$0 $0 $0
SONYA ROBERTS SW DISTRICT 2.00
Director
$0 $0 $0
SAM TODD NW DISTRICT 2.00
Director
$0 $0 $0
BRIDGET GILBERT NAR DIRECTOR 2.00
Director
$0 $0 $0
JAMES RUSS NAR DIRECTOR 2.00
Director
$0 $0 $0
EMMARY SIMPSON NAR DIRECTOR 2.00
Director
$0 $0 $0
BRADY AU DIRECTOR 2.00
Director
$0 $0 $0
LISA GREER MEMBER 2.00
Director
$0 $0 $0
MELISSA WIDNER MEMBER 2.00
Director
$0 $0 $0
MICHELE BRANSCOM MEMBER 2.00
Director
$0 $0 $0
DEBRA DUPES MEMBER 2.00
Director
$0 $0 $0
BLAKE FARLEY MEMBER 2.00
Director
$0 $0 $0
GARY BOYD MEMBER 2.00
Director
$0 $0 $0
HELEN CHAN MEMBER 2.00
Director
$0 $0 $0
JENNIFER CODY MARTIN MEMBER 2.00
Director
$0 $0 $0
LINDA COY MEMBER 2.00
Director
$0 $0 $0
R JEAN DURAN MEMBER 2.00
Director
$0 $0 $0
SHERRY FOWLER MEMBER 2.00
Director
$0 $0 $0
BELINDA FRANCO MEMBER 2.00
Director
$0 $0 $0
MICHAEL GLASS MEMBER 2.00
Director
$0 $0 $0
MARY KAY GUTIERREZ MEMBER 2.00
Director
$0 $0 $0
PATRICIA HOMBURG MEMBER 2.00
Director
$0 $0 $0
JOHN LOPEZ MEMBER 2.00
Director
$0 $0 $0
JACK LYNCH MEMBER 2.00
Director
$0 $0 $0
HEATHER PRICE MEMBER 2.00
Director
$0 $0 $0
JOSHUA PRICE MEMBER 2.00
Director
$0 $0 $0
JEANETTE RAVER MEMBER 2.00
Director
$0 $0 $0
MARY ROMERO MEMBER 2.00
Director
$0 $0 $0
KIKI SALCIDO MEMBER 2.00
Director
$0 $0 $0
KRISTINA SALCIDO MEMBER 2.00
Director
$0 $0 $0
BRIELLE SMITH MEMBER 2.00
Director
$0 $0 $0
ALICE TOZER MEMBER 2.00
Director
$0 $0 $0
TERI VASQUEZ-HATCHER MEMBER 2.00
Director
$0 $0 $0
LIBNA CAMARENA MEMBER 2.00
Director
$0 $0 $0
ANDREW HAGGERTY MEMBER 2.00
Director
$0 $0 $0
NICOLE HOLLENBECK MEMBER 2.00
Director
$0 $0 $0
KATHERINE MCCLAREN MEMBER 2.00
Director
$0 $0 $0
SAMANTHA HOWARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER LEWIS MEMBER 2.00
Director
$0 $0 $0
TROY BRIGGS MEMBER 2.00
Director
$0 $0 $0
MANDY CULLER MEMBER 2.00
Director
$0 $0 $0
MELISSA GLASGOW MEMBER 2.00
Director
$0 $0 $0
BETH CALDARELLO MEMBER 2.00
Director
$0 $0 $0
DAVID CORDOVA MEMBER 2.00
Director
$0 $0 $0
JANET LOVATO MEMBER 2.00
Director
$0 $0 $0
JOSHUA MAES MEMBER 2.00
Director
$0 $0 $0
KEN MARTINEZ MEMBER 2.00
Director
$0 $0 $0
CASSANDRE CARVER MEMBER 2.00
Director
$0 $0 $0
JOHN JOHNSTON MEMBER 2.00
Director
$0 $0 $0
LINDA CALHOUN MEMBER 2.00
Director
$0 $0 $0
CARRIE TRAUB APPOINTED DI 2.00
Director
$0 $0 $0
STACEY BLACKMON APPOINTED DI 2.00
Director
$0 $0 $0
AMPARO USREY APPOINTED DI 2.00
Director
$0 $0 $0
KENT SIMPSON APPOINTED DI 2.00
Director
$0 $0 $0
DREW LAMPRICH APPOINTED DI 2.00
Director
$0 $0 $0
M STEVE ANAYA EX-OFFICIO 50.00
Officer
$197,947 $7,692 $205,639
ZACH BENJAMIN CEO 40.00
Key Emp
$150,090 $4,962 $155,052
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 $3,293,759 $2,888,530 $8,995,949 $405,229
2022 $2,088,473 $2,294,985 $8,751,532 $-206,512
2021 $2,572,562 $1,960,959 $9,229,177 $611,603
2020 $2,481,508 $1,817,055 $8,651,884 $664,453
2020 $2,481,508 $1,817,055 $8,651,884 $664,453
2019 $2,506,570 $1,934,749 $7,801,542 $571,821
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