NEW MEXICO COMMUNITY DEVELOPMENT LOAN FUND INC
423 IRON SW, ALBUQUERQUE, NM 87103 www.loanfund.org

Total Revenue
$1,323,072
Total Expenses
$1,564,494
Net Assets
$1,759,862

Organizations Filed Purposes: TO ENCOURAGE AND FACILITATE THE INVESTMENT OF CAPITAL IN LOW-INCOME NEW MEXICO COMMUNITIES.

THE LOAN PROGRAM ENCOURAGES AND FACILITATES THE INVESTMENT OF CAPITAL IN LOW-INCOME NEW MEXICO COMMUNITIES THROUGH INDIVIDUALS, RELIGIOUS AND COMMUNITY ORGANIZATIONS, FOUNDATIONS, GOVERNMENT ENTITIES, LENDING INSTITUTION AND OTHERS. IN 2018, THERE WERE 85 NEW LOANS MADE IN THE AMOUNT OF $5,310,122, WHICH RESULTED IN AN ESTIMATED 158 JOBS CREATED AND 433 JOBS PRESERVED. THE LOANS WERE MADE TO 54 MINORITY-OWNED BUSINESSES AND 31 WOMAN-OWNED BUSINESSES WITH 19 BEING START-UP COMPANIES AND 3 BEING NON-PROFIT ORGANIZATIONS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Leroy PachecoPRESIDENT/CEO40$170,000
Beth PetrunoDIRECTOR BEG 11/20181$0
Russell FoddrillSECRETARY THROUGH 8/20181$0
Ryan ScottDIRECTOR1$0
Michael RogholtDIRECTOR1$0
Manny OrtizDIRECTOR1$0
Suzanne V MirabalDIRECTOR1$0
Justin HorwitzDIRECTOR1$0
Mary HerreraDIRECTOR THROUGH 8/20181$0
Leslie QuadeDIRECTOR THROUGH 11/20181$0
Kimberly BrusuelasDIRECTOR1$0
David AllenDIRECTOR1$0
David HicksTREASURER1$0
Ida FierroSECRETARY2$0
Herb Crosby PhdVICE-CHAIR1$0
Nicholas NagyCHAIR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201902879349301840_public.xml