- Revenue 2023
- $545,458
- Expenses 2023
- $538,680
Program services were 63.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 06
- Classification
- 3200
- Street
- 1201 RIO RANCHO BLVD SE STE C
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 · 2023
Mission
TO FOSTER ECONOMIC VIBRANCY BY CREATING, STRENGTHENING, AND RETAINING ECONOMIC BASE JOBS THAT ENHANCE THE QUALITY OF LIFE IN RIO RANCHO AND SANDOVAL COUNTY, NEW MEXICO.
-
ENHANCE AWARENESS OF RIO RANCHO AND SANDOVAL COUNTY, NEW MEXICO AS AN ATTRACTIVE COMMUNITY TO OPERATE, LIVE, AND WORK. CONTINUE TO ADMINISTER RECRUITING AND PUBLIC RELATIONS PROGRAMS THAT ATTRACT NEW COMPANIES AND RETAIN AND EXPAND EXISTING LOCAL COMPANIES. EFFORTS WERE ACCOMPLISHED THROUGH VARIOUS MARKETING MEANS INCLUDING TRADE SHOWS, DIRECT MAILINGS, AND THROUGH PROPOSALS AND SITE VISITS FOR COMPANIES CONSIDERING RELOCATON OR EXPLANSION WITHIN RIO RANCHO AND SANDOVAL COUNTY. ORGANIZATION GOALS ARE TO PROMOTE AND MAINTAIN A HEALTHY, VIBRANT, AND ACTIVE COMMUNITY BY SUPPORTING A BUSINESS FRIENDLY ENVIRONMENT THAT ALLOWS FOR CAREER ENHANCING, QUALITY ECONOMIC BASE COMPANIES TO THRIVE, TO ACTIVELY RECRUIT NEW ECONOMIC BASE COMPANIES TO THE REGION, TO HELP EXISTING COMPANIES GROW AND THRIVE, AND TO WORK WITH COMMUNITY LEADERS TO SUPPORT AN ENVIRONMENT OF ECONOMIC STABILITY, GROWTH AND EXCELLENCE.
Expenses $339,944
As filed on the 2023 return.
Officers and directors · 2023
As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Fredrick J SheperdFREDRICK J SHEPERD
PRESIDENT AND CEO - CURRENT
- Total calculated
- $136,500
- From this org
- $136,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dora DominguezDORA DOMINGUEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Gary SaizGARY SAIZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
David TorresDAVID TORRES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kriss WaltonKRISS WALTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Ed SmithED SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael BakerMICHAEL BAKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Pierce RunnelsPIERCE RUNNELS
BOARD PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Mario CervantesMARIO CERVANTES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Matthew GeiselMATTHEW GEISEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Frank GallegosFRANK GALLEGOS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
John AdamsJOHN ADAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve GarciaSTEVE GARCIA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Mike TeskeMIKE TESKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Adam LeybaADAM LEYBA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Laura BurtonDR LAURA BURTON
BOARD CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 0.5
-
Melissa GomezMELISSA GOMEZ
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jimmie BlotterJIMMIE BLOTTER
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Erin Johnson-KruftERIN JOHNSON-KRUFT
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
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. Earlier years are each on their own filing page.
Filings
-
2023
- Revenue
- $545,458
- Expenses
- $538,680
- Contributions
- $256,672
- Grants paid
- $0
-
2022
- Revenue
- $418,660
- Expenses
- $12,722
- Contributions
- $212,163
- 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
- $475,467
- Expenses
- $381,745
- Assets (EOY)
- $405,958
-
2020 · 990
- Revenue
- $423,697
- Expenses
- $393,736
- Assets (EOY)
- $374,339
-
2019 · 990
- Revenue
- $639,118
- Expenses
- $578,098
- Assets (EOY)
- $314,584
-
2018 · 990
- Revenue
- $682,006
- Expenses
- $663,626
- Assets (EOY)
- $260,269
-
2017 · 990
- Revenue
- $656,351
- Expenses
- $692,211
- Assets (EOY)
- $205,678
-
2016 · 990
- Revenue
- $665,741
- Expenses
- $622,170
- Assets (EOY)
- $218,642
-
2015 · 990
- Revenue
- $604,737
- Expenses
- $573,125
- Assets (EOY)
- $176,521
-
2014 · 990
- Revenue
- $584,540
- Expenses
- $487,469
- Assets (EOY)
- $154,112
-
2012 · 990
- Revenue
- not reported
- Expenses
- $338,951
- Assets (EOY)
- $65,698
-
2011 · 990
- Revenue
- not reported
- Expenses
- $382,488
- Assets (EOY)
- $56,397
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
-
2023 GENERAL SUPPORT
-
2022 GENERAL SUPPORT
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.