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SANDOVAL ECONOMIC ALLIANCE INC

EIN 85-0407128 RIO RANCHO, NM

Browse the largest nonprofits in New Mexico

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 Sheperd

    PRESIDENT AND CEO - CURRENT

    Total calculated
    $136,500
    From this org
    $136,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Dora Dominguez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Gary Saiz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • David Torres

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Kriss Walton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Ed Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Michael Baker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Pierce Runnels

    BOARD PAST CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Mario Cervantes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Matthew Geisel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Frank Gallegos

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • John Adams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Steve Garcia

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Mike Teske

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Adam Leyba

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Laura Burton

    BOARD CHAIR ELECT

    Total calculated
    $0
    Hours/week
    0.5
  • Melissa Gomez

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Jimmie Blotter

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Erin 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

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.