Retired Public Employees of New Mexico
Nonprofit profile at a glance
- EIN
- 850253821
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Albuquerque, NM, USA
- Phone
- 5052808459
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $129,186
- Expenses
- $101,188
- Assets
- $237,142
- Liabilities
- $1,451
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- MICHAEL FRANCIS (BOARD MEMBER)
- LEE CARUANA (BOARD MEMBER)
- BARBARA CASTILLO (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Retired public employees of New Mexico is a watch group for the public employees retired association (pera) organization and the New Mexico retiree healthcare authority. The organization consists of approximately 3,600 members.
What it reported doing in 2024
The goal to give a voice to all retired public employees is accomplished through the collection of membership dues from organization members. Members are provided with valuable benefits, newsletters, annual meetings and chapters throughout the state.
Operating model
- Revenue model
- Membership-supported. 83% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 82
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.7%; rating input score 79
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 21.7%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 2.34; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 78.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $101K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.