Credit Union Association Of New Mexico Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850132671 ✦ Albuquerque, NM ✦ Designated as a 501(c)(6)

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Overview

What is Credit Union Association Of New Mexico Inc?

Credit Union Association of New Mexico Inc, based in Albuquerque, New Mexico, is a nonprofit organization dedicated to supporting credit unions by establishing partnerships with companies offering superior products and services at affordable rates. Their mission is to assist credit unions in addressing their members' needs through various means, including services, products, education, and advocacy. With a team of nine employees, they develop strategies, communications, and products to help credit unions better connect with and serve their members and market areas.


Official website here: www.cuanm.com

Is Credit Union Association Of New Mexico Inc legitimate?

Credit Union Association Of New Mexico Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Credit Union Association Of New Mexico Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $439,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,861

For more financial information, click here


Official website here: www.cuanm.com

What is the mission statement of Credit Union Association Of New Mexico Inc?

The Credit Union Association of New Mexico Inc's mission is centered around assisting credit unions in meeting their members' needs. This is achieved through the provision of various services, products, education, and advocacy. The association forms partnerships with companies offering superior products and services at reasonable rates, helping credit unions serve their members more effectively. Additionally, they develop strategies and communication tools to enhance credit unions' reach and service delivery within their respective markets.


Official website here: www.cuanm.com

Who is the CEO of Credit Union Association Of New Mexico Inc?

Melia Heimbuck is the Board Chair of Credit Union Association Of New Mexico Inc. The CEO's salary of Credit Union Association Of New Mexico Inc is $121,680 and their total compensation is $141,304.


Official website here: www.cuanm.com

What is the revenue of Credit Union Association Of New Mexico Inc?

Credit Union Association Of New Mexico Inc's revenue in 2022 was $1,685,039.


Official website here: www.cuanm.com

Who are the executives of Credit Union Association Of New Mexico Inc and what are their salaries?

The average compensation at Credit Union Association Of New Mexico Inc during 2022 was $64,746. There are 9 employees and 7 volunteers at Credit Union Association Of New Mexico Inc.


Here are 10 key members and their salaries (Credit Union Association Of New Mexico Inc's CEO's salary is $121,680 and their total compensation is $141,304):


Karen Griffo (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Carrasco (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Moorehead (Board Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Ramos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winona Nava (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Schmidt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Fernandez Ceballos (President/Ceo (Former))
  • Compensation: $201,264
  • Related: $0
  • Other: $24,973
Melia Heimbuck (President/Ceo)
  • Compensation: $121,680
  • Related: $0
  • Other: $19,624
Amy Young-Vigil (Vp Of Assoc Svc)
  • Compensation: $116,906
  • Related: $0
  • Other: $23,870


Official website here: www.cuanm.com

Where can I find the form 990 for Credit Union Association Of New Mexico Inc?

Credit Union Association Of New Mexico Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cuanm.com

Learn more at the official website: www.cuanm.com

Mission Statement of Credit Union Association Of New Mexico Inc

Credit Union Association of New Mexico Inc is committed to aiding credit unions in addressing their members' needs effectively. This is achieved through various means, including providing services, products, education, and advocacy. The association's mission is to facilitate partnerships with companies offering superior products and services at competitive rates. This enables credit unions to better serve their members and reach out to their market areas more effectively. Additionally, Credit Union Association of New Mexico Inc develops strategies, communications, and products to enhance credit unions' ability to connect with and cater to their members more efficiently. By doing so, the organization contributes to the strengthening of credit unions and the betterment of their members' financial well-being.

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Impact




October, 2024

Credit Union Association Of New Mexico Inc plays a crucial role in enhancing the effectiveness of credit unions throughout the state by providing essential services aimed at addressing member needs. Through a variety of offerings, including compliance support, marketing strategies, and consulting services, the organization empowers credit unions to deliver superior products and services to their members.

By forging partnerships with companies that provide quality resources at reasonable rates, they enable credit unions to expand their capabilities, allowing them to better serve their member base. Additionally, CUANM focuses on developing targeted strategies and communication methods that help credit unions more effectively reach and engage their members.

Their advocacy efforts further amplify the voice of credit unions, ensuring they remain relevant and responsive to the evolving financial landscape. Overall, CUANM significantly contributes to community improvement by enhancing the operational capabilities of credit unions, ultimately benefiting the members and the communities they serve in New Mexico.




This information is meant to be a general summary of Credit Union Association Of New Mexico Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,685,039 (2022)
Expenses
$1,594,567 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16,082
  • Program Service Revenue: $1,441,295
  • Gross Receipts: $1,825,653

Assets and Liabilities:

  • Total Assets: $4,056,847
  • Total Liabilities: $127,264
  • Net Assets: $3,929,583

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$562,984

NATIONAL CU CALL CENTE

Revenue

$377,656

ENDORSEMENTS

Revenue

$325,522

CONFERENCES AND SEMINA

Revenue

$165,282

MARKETING AND CONSULTI

Revenue

$9,851

Organization Details

Founding Year

1958

Principal Officer

Melia Heimbuck

Main Address

4200 WOLCOTT AVE NE, ALBUQUERQUE, NM, 87109

NTEE Category

Code: S41 - Community improvement

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