SMALL BUSINESS INVESTMENT CORPORATION

As filed

Subsection

04

NTEE code

S30

Classification

1000

Street

PO BOX 1211

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE ORGANIZATION'S LENDING PROGRAM IS ITS PRIMARY PROGRAM. THE LENDING PROGRAM PROVIDES FUNDING, THROUGH LENDING PARTNERS, TO SMALL BUSINESSES IN NEW MEXICO THAT DO NOT HAVE ACCESS TO FUNDING FROM TRADITIONAL BANKS. DURING THE TWELVE MONTHS ENDED JUNE 30, 2025, THE NMSBIC PROVIDED FUNDS FOR 117 SMALL BUSINESS LOANS TOTALING 23.7 MILLION AND SUPPORTING 634 JOBS IN NEW MEXICO. THE TOTAL LOANS OUTSTANDING INCREASED FROM 97.2 MILLION TO 108.7 MILLION.

  Expenses $216,883 · Revenue $26,628,949

• THE ORGANIZATION ALSO HAS AN EQUITY PROGRAM THAT HISTORICALLY MADE INVESTMENTS IN VENTURE CAPITAL EQUITY FUNDS. NO NEW EQUITY INVESTMENT COMMITMENTS HAVE BEEN MADE IN RECENT YEARS, BUT THERE ARE OUTSTANDING INVESTMENTS FROM PRIOR YEARS. TOTAL EQUITY INVESTMENTS OUTSTANDING WERE 1.6 MILLION AS OF JUNE 30, 2025.

  Expenses $14,642 · Revenue $56,226

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $28,785,359

  Expenses

  $472,124

  Contributions

  $0

  Grants paid

  $0

• 2023

  Revenue

  $30,977,738

  Expenses

  $482,662

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $8,947,897

  Expenses

  $424,082

  Contributions

  $0

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $18,780,522

  Expenses

  $423,966

  Assets (EOY)

  $120,253,275

• 2020 · 990

  Revenue

  $911,357

  Expenses

  $1,022,927

  Assets (EOY)

  $97,449,979

• 2019 · 990

  Revenue

  $59,149,516

  Expenses

  $1,204,856

  Assets (EOY)

  $98,226,470

• 2018 · 990

  Revenue

  $4,383,887

  Expenses

  $413,051

  Assets (EOY)

  $39,475,956

• 2017 · 990

  Revenue

  $1,965,642

  Expenses

  $325,090

  Assets (EOY)

  $40,541,388

• 2016 · 990

  Revenue

  $896,283

  Expenses

  $374,283

  Assets (EOY)

  $38,870,665

• 2015 · 990

  Revenue

  $4,138,866

  Expenses

  $2,778,134

  Assets (EOY)

  $41,663,657

• 2014 · 990

  Revenue

  $1,004,786

  Expenses

  $987,923

  Assets (EOY)

  $37,652,349

• 2013 · 990

  Revenue

  $518,199

  Expenses

  $386,883

  Assets (EOY)

  $36,106,707

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $1,078,041

  Assets (EOY)

  $35,868,847

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files