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Filing year 2023

NEW MEXICO BANKERS ASSOCIATION

Albuquerque, New Mexico·EIN 85-0056645·501(c)(6)
Total revenue
$598k
Total assets
$1.5M
Total expenses
$558k
Reported officers
12
Mission

TO SERVE MEMBER BANKS NEEDS BY ACTING AS NEW MEXICO'S BANKING REPRESENTATIVE TO GOVERNMENT, THE PUBLIC, AND THE INDUSTRY, PROVIDING RESOURCES, EDUCATION AND INFORMATION TO ENCHANCE THE OPPORTUNITIES FOR SUCCESS IN BANKING, PROMOTING UNITY WITHIN THE INDUSTRY ON COMMON ISSUES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive VP
Executive Vice President
Median to 75th percentile
$226k
$248k
Base
$193k
Bonus
$10k
Other
Benefits
$5k

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 11 unpaid individuals.

Up 11%
from 2022

From $204k in 2022 to $226k in 2023.

$204k
2022
$226k
2023
In today's dollarsEst.
Up 6% in real terms$233k to $248k

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

Executive Vice President pay rose 11% from 2022 to 2023, while revenue rose 16%.

$204k in 2022 to $226k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

NEW MEXICO BANKERS ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$515k
$531k
2022
$598k
$558k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW MEXICO BANKERS ASSOCIATION

What does the Executive Vice President of NEW MEXICO BANKERS ASSOCIATION earn?

In 2023, the Executive Vice President of NEW MEXICO BANKERS ASSOCIATION received $226,387 in total compensation. This pay is above the median (the midpoint) for Executive Vice President roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Executive Vice President pay at NEW MEXICO BANKERS ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Executive Vice President at NEW MEXICO BANKERS ASSOCIATION falls between the median and the 75th percentile.

What are NEW MEXICO BANKERS ASSOCIATION's revenue and expenses?

In 2023, NEW MEXICO BANKERS ASSOCIATION reported $598k in total revenue and $558k in total expenses on its IRS Form 990.

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