NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION
PO BOX 27020, ALBUQUERQUE, NM 871257020 www.nmeaf.org

Total Revenue
$19,955,288
Total Expenses
$19,665,490
Net Assets
$104,386,778

Organizations Filed Purposes: PROMOTE THE PUBLIC WELFARE AND PROSPERITY OF THE PEOPLE OF NEW MEXICO BY STIMULATING THE AVAILABILITY OF FINANCIAL ASSISTANCE FOR POST-SECONDARY EDUCATION SO AS TO GIVE GREATER HIGHER EDUCATION OPPORTUNITY.

STUDENT LOAN PROGRAMS: ORIGINATE, PURCHASE AND SERVICE STUDENT LOANS. PROGRAM SERVICE EXPENSE AMOUNTS INCLUDE COST OF INTEREST ON DEBT ISSUED TO FUND LOANS. THE NUMBER OF OUTSTANDING LOANS ON 06/30/2020 WAS 60,418.

STUDENT LOAN PROGRAMS: PROVIDE ADMINISTRATIVE SERVICE FOR THE NEW MEXICO STUDENT LOAN GUARANTEE CORPORATION, FUNCTIONING AS THE GUARANTY AGENCY UNDER THE GUARANTEED STUDENT LOAN PROGRAM (FEDERAL FAMILY EDUCATION LOAN PROGRAM).

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Michael NemelkaPRESIDENT30$189,539
Brad AllpassPRESIDENT AND CEO30$178,734
Reginald StormentGENERAL COUNSEL30$153,529
Grace TackmanASST VICE PRESIDENT ADMIN S30$124,312
Estevan MartinezASST VICE PRESIDENT INFO TE30$116,729
Tracy RoweACTING ASSISTANT VP OF FINANC30$83,984
Alex HeubeckDIRECTOR2$0
Pauline GarciaDIRECTOR2$0
Julie FilatoffSECRETARYTREASURER2$0
Gavin GilletteVICE CHAIR2$0
Dan SalzwedelNMEAF CHAIR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202141379349308759_public.xml