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Filing year 2023

New Mexico State Univ Fdn Inc

Las Cruces, New Mexico·EIN 85-0170157·NTEE B110 · Education·501(c)(3)
Total revenue
$41.1M
Total assets
$423.1M
Total expenses
$29.8M
Reported officers
42
Mission

THE MISSION OF NEW MEXICO STATE UNIVERSITY FOUNDATION IS TO FOSTER LONG-TERM RELATIONSHIPS WITH OUR ALUMNI, SUPPORTERS, AND COMMUNITY IN ORDER TO SECURE, MANAGE, STEWARD, AND PROTECT A SUSTAINABLE SOURCE OF PRIVATE RESOURCES THAT WILL ENHANCE THE ABILITY OF NEW MEXICO STATE UNIVERSITY TO FULFILL ITS LAND GRANT MISSION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Chief Financial Officer (until 6/14/2024
Above 90th percentile
$437k
$478k
Base
$344k
Bonus
Other
Benefits
$38k
VP for External Relations (until 9/15/2023)
Board Vice President
Median to 75th percentile
$230k
$251k
Base
$173k
Bonus
$32k
Other
Benefits
$88
Executive Director - Estates and Planned Giving
75th to 90th percentilevs Education peers in New Mexico
$221k
$242k
Base
$171k
Bonus
Other
Benefits
$21k
Former President
Former Officer/director/trustee
Median to 75th percentile
$213k
$233k
Base
$122k
Bonus
$51k
Other
Benefits
$14k
AVP Advancement Services
Key Employee
Median to 75th percentile
$212k
$232k
Base
$174k
Bonus
Other
Benefits
$15k
Director of Talent and Culture
Highest Compensated Employee
Median to 75th percentile
$201k
$220k
Base
$143k
Bonus
Other
Benefits
$34k
Chief of Staff
Highest Compensated Employee
Median to 75th percentile
$196k
$214k
Base
$146k
Bonus
$8k
Other
Benefits
$19k
IT Director
Chief Information Officer
25th percentile to median
$177k
$194k
Base
$127k
Bonus
$3k
Other
Benefits
$25k
Director of Communications
Director (Operational)
75th to 90th percentile
$177k
$194k
Base
$140k
Bonus
Other
Benefits
$15k
Chief Executive Officer (begin 10/2/2023)
Median to 75th percentilevs Education peers in New Mexico
$114k
$125k

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 32 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at New Mexico State Univ Fdn Inc equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 10%
from 2022

From $485k in 2022 to $437k in 2023.

$485k
2022
$437k
2023
In today's dollarsEst.
Down 14% in real terms$553k to $478k

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

Board Vice President pay fell 36% from 2022 to 2023, while revenue rose 116%.

$357k in 2022 to $230k in 2023.
  • Chief Executive Officer pay rose 25% from 2022 to 2023.
  • Key Employee pay fell 56% from 2022 to 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.

Among peers

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

FAQ

Common questions about New Mexico State Univ Fdn Inc

What does the Chief Financial Officer of New Mexico State Univ Fdn Inc earn?

In 2023, the Chief Financial Officer of New Mexico State Univ Fdn Inc received $436,645 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at New Mexico State Univ Fdn Inc compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Chief Financial Officer at New Mexico State Univ Fdn Inc falls in the top 10%. In 2023, the highest total compensation at New Mexico State Univ Fdn Inc equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are New Mexico State Univ Fdn Inc's revenue and expenses?

In 2023, New Mexico State Univ Fdn Inc reported $41.1M in total revenue and $29.8M in total expenses on its IRS Form 990.

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