American Indian Chamber of Commerce of Nm

Nonprofit profile at a glance

EIN
850469379
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2021, Form 990-N 2020
Location
Albuquerque, NM, USA
Phone
5057669545
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Service Clubs

Official website

Reported finances

Revenue
$45,646
Expenses
$146,506
Assets
$39,149
Liabilities
$5,811

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Highest reported compensation

  • MARVIS ARAGON (EXECUTIVE DI): $58,706 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote business and economic growth through business development, capacity building, workforce development, research & policy, and education initiatives and activities. In addition to our membership, our focused constituency includes the indigenous communities in the us southwest region.

What it reported doing in 2024

Business development - aiccnm hosted 12 luncheons, mixers, and dinners featuring two speakers sharing business and economic opportunities with attendees. Aiccnm supports ribbon cutting events with agenda development, deployment, and media attention. Aiccnm general activities in this area include attendance at events hosted by chamber members, partner organizations, and prospective members. Aiccnm contributes to fundraising events monetarily, via member attendance, and through event promotion. Capacity building - aiccnnm developed and facilitated four (4) training sessions for native microbusiness owners as well as leadership in tribal government organizations; topics included marketing, sales, and leadership effectiveness. Aiccnm supported strategic plan development for a tribally owned corporation. Aiccnm general activities in this area include support to broadband development, access to capital, and capacity development for emerging entrepreneurs, veterans, students in stem, tribal economic development, and community members. Workforce development - aiccnm developed and facilitated thirteen (13) sessions to native high school students enrolled in albuquerque public schools, the native american community academy (naca), and several native communities; in addition to worker readiness, topics covered college and career prep. Aiccnm supported the jemez job/career fair. Aiccnm was invited to two workforce development conferences to present on its worker preparedness training and wraparound support model. Aiccnm executive director continues serving on the workforce development board of central New Mexico, providing input and insights supporting a native workforce. Research and policy - aiccnm demonstrated limited activity in this area with only three (3) events. In addition to providing input to proposed state legislation regarding employee paid time off, aiccnm was invited by the New Mexico legislative subcommittee on economic and rural development and policy committee to present on our workforce development work. Aiccnm provided attendee recommendations for a rally in Washington d.c. On native agricultural development in the farm bill. Education - aiccnm continues to support college student-led organizations in their learning experiences related to native business and economic development. These activities include classroom speaking, providing feedback on student projects, and providing guidance and mentoring. Aiccnm supported the unm native alumni event through monetary sponsorship and invited chamber members to attend. Aiccnm general support included advocacy for most effective educational experiences for native youth. We continue to build relationships with tribal education departments.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 90
  • Accountability: 79
  • Sustainability: 12
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 71%; rating input score 71
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -221%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 40.1%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -11.5% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: -8.6% per year; rating input score 0; 34th percentile among comparable filings
  • Asset growth: 2.8% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 71% of spending went to programs
  • Governance: 9 of 9 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $59K · 10 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.