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Filing year 2024

ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE

Albuquerque, New Mexico·EIN 85-0157216·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.9M
Total assets
$4.2M
Total expenses
$2M
Reported officers
42
Mission

TO STRENGTHEN THE ALBUQUERQUE METROPOLITAN AREA THROUGH THE RECRUITMENT OF BUSINESS AND INDUSTRY, AND BY PROVIDING SUPPORT FOR THE RETENTION AND EXPANSION OF ECONOMIC BASE EMPLOYERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New Mexico.

President and CEO
Above 90th percentile
$337k
$359k
Base
$315k
Bonus
Other
Benefits
$8k
Interim CEO
Above 90th percentile
$198k
$210k
Base
$168k
Bonus
Other
Benefits
$21k
Chief Operations Officer
Officer (Unspecified)
$105k
$112k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 39 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE equaled 17% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
17%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 1%
from 2023

From $341k in 2023 to $337k in 2024.

$341k
2023
$337k
2024
In today's dollarsEst.
Down 4% in real terms$373k to $359k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 1% from 2023 to 2024, while revenue fell 3%.

$341k in 2023 to $337k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE

What does the Chief Executive Officer of ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE earn?

In 2024, the Chief Executive Officer of ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE received $337,299 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New Mexico: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New Mexico, the 2024 pay of the Chief Executive Officer at ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE falls in the top 10%. In 2024, the highest total compensation at ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE equaled 17% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE's revenue and expenses?

In 2024, ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE reported $1.9M in total revenue and $2M in total expenses on its IRS Form 990.

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