EIN 85-0158371

New Mexico Baptist Foundation

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
1948
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The New Mexico Baptist Foundation seeks to generate funds for kingdom causes around the world through assisting individuals, churches, and charities impacting the world. Its general purpose is to serve any Baptist institution, agency, or enterprise or any benevolent, charitable, educational or missionary undertaking, institution or agency fostered by or having the off.
Related structure
New Mexico Baptist Foundation is child organization, under the parent exemption from Baptist Convention of New Mexico.
Total revenues
$2,609,401
2022
Total expenses
$1,750,613
2022
Total assets
$49,118,538
2022
Num. employees
12
2022

Program areas at New Mexico Baptist Foundation

The general purpose of the New Mexico Baptist Foundation (Foundation) shall be to serve any Baptist institution, agency, or enterprise or any benevolent, charitable, educational or missionary undertaking, institution or agency fostered by or having the official sanction of the Baptist convention of New Mexico, or the southern Baptist convention. Such conjoined purposes to be executed simultaneously in the furtherance of the development of benevolent, charitable, educational and missionary activities in, and for the benefit of, schools, hospitals, orphanages and other enterprises operated as Baptist institutions or under the supervision of the Baptist convention of New Mexico or the southern Baptist convention, or for any charitable purpose when a part of the income of a particular trust shall be for the purpose herein above stated, and to such end may recieve by bequest, devise, gift, purchase or lease, either absolutely or in trust, any real or personal property. To convey such property, to invest and reinvest the same of the proceeds thereof, in such manner as in the judgment of the board of directors will best promote such objectives. To make distributions of income and principal in accordance with the directions of the donor, grantor or testator. In the absence of such direction, such distributions shall be made at the discretion of the board of directors of the Foundation to an institution or agency of the Baptist convention of New Mexico.

Personnel at New Mexico Baptist Foundation

NameTitleCompensation
Rick BreedenPresident , Chief Executive Officer$177,019
Gary LoweChief Operating Officer
Barb MulveyChief Financial Officer
Joseph BunceExecutive Director$0
Elizabeth AllanDirector of Employee Engagement
...and 6 more key personnel

Financials for New Mexico Baptist Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$616,763
Program services$956,346
Investment income and dividends$218,416
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$817,876
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,609,401

Form 990s for New Mexico Baptist Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-28990View PDF
2021-122022-06-10990View PDF
2020-122021-07-15990View PDF
2019-122020-12-01990View PDF
2018-122019-09-13990View PDF
...and 4 more Form 990s

Organizations like New Mexico Baptist Foundation

OrganizationLocationRevenue
Lutheran Foundation of New JerseyBurlington, NJ$2,465,572
Epworth By The SeaSt Simons Island, GA$11,861,370
St Francis MissionSt Francis, SD$2,525,007
Shrine of Our Lady of GuadalupeLa Crosse, WI$4,547,463
Mcauley Ministries / Mcauley CorporationProvidence, RI$1,524,289
University Baptist Church of BaltimoreBaltimore, MD$1,529,277
New Life Center / Fargo Union MissionFargo, ND$4,696,673
The Lehigh Conference of ChurchesAllentown, PA$6,852,485
Pope John Paul II High SchoolLacey, WA$2,008,336
Clydehurst Christian RanchBillings, MT$1,193,651
Data update history
November 10, 2023
Updated personnel
Identified 2 new personnel
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 25, 2023
Updated personnel
Identified 2 new personnel
May 23, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Chapter / child organizationsCharitiesChurches
Issues
Religion
Characteristics
ReligiousChristianState / local levelEndowed supportTax deductible donations
General information
Address
PO Box 16560
Albuquerque, NM 87191
Metro area
Albuquerque, NM
County
Bernalillo County, NM
Website URL
nmbf.com/ 
Phone
(505) 332-3777
IRS details
EIN
85-0158371
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1948
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X20: Christian
NAICS code, primary
813110: Religious Organizations
Parent/child status
Child within group exemption
Free account sign-up

Want updates when New Mexico Baptist Foundation has new information, or want to find more organizations like New Mexico Baptist Foundation?

Create free Cause IQ account