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Economic Forum

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

EIN: 850322187 ✦ Albuquerque, NM ✦ Designated as a 501(c)(6)

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Overview

What is Economic Forum?

The Economic Forum is a nonprofit organization situated in Albuquerque, New Mexico. Their primary aim is to collaborate with local and state businesses, government institutions, and educational establishments, with the objective of enhancing the economic well-being of Albuquerque, Bernalillo County, and the state of New Mexico as a whole. The organization serves as a platform to coordinate and facilitate initiatives that aim to improve the economic welfare of metropolitan Albuquerque. With a small team of three dedicated individuals, the Economic Forum is actively engaged in fostering partnerships and driving initiatives to achieve these goals.


Official website here: www.econ-forum.com

Is Economic Forum legitimate?

Economic Forum is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Forum 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: $130,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,000

For more financial information, click here


Official website here: www.econ-forum.com

What is the mission statement of Economic Forum?

The Economic Forum's mission is to facilitate collaboration between local and state businesses, government entities, and educational institutions. Their primary objective is to enhance the economic well-being of a broader region, which includes cities, counties, and states, in this case, Albuquerque, Bernalillo County, and New Mexico. They achieve this by educating and engaging these entities, ultimately working towards the improvement of the economic conditions in the specified area.


Official website here: www.econ-forum.com

What is the revenue of Economic Forum?

Economic Forum's revenue in 2023 was $441,102.


Official website here: www.econ-forum.com

Who are the executives of Economic Forum and what are their salaries?

The average compensation at Economic Forum during 2023 was $96,500. There are 2 employees at Economic Forum.

Here are 12 key members and their salaries:


Katharine Winograd (Executive Di)
  • Compensation: $130,000
  • Related: $0
  • Other: $0
Thomas R Briones (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Coons (Immediate Pa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Coons (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cole Flanagan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lorentzen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Martinex (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Lewis Meister (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kellie Mixon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mondragon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Stevens (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Kerschner Tappan (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.econ-forum.com

Where can I find the form 990 for Economic Forum?

Economic Forum's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.econ-forum.com

Learn more at the official website: www.econ-forum.com

Mission Statement of Economic Forum

The Economic Forum is committed to bringing together local and state businesses, government entities, and educational institutions with the goal of improving the economic well-being of the metropolitan Albuquerque area. By organizing collaborative efforts, this nonprofit seeks to achieve objectives that will positively impact the city of Albuquerque, Bernalillo County, and the state of New Mexico as a whole. The Economic Forum serves as a source of information, informing these various entities about strategies and initiatives that can contribute to the improvement of the region's economic welfare. By working together, the Economic Forum aims to foster a more prosperous and sustainable future for the community.

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Impact




October, 2024

The Economic Forum plays a pivotal role in enhancing the economic landscape of Metropolitan Albuquerque and beyond. By facilitating collaboration among local and state businesses, government entities, and educational institutions, it effectively addresses the region's economic challenges. This initiative is focused on achieving specific objectives that lead to improved economic welfare for Albuquerque, Bernalillo County, and the state of New Mexico as a whole.

Through its activities, the Economic Forum informs and mobilizes key stakeholders to align their efforts towards shared economic goals. This collaboration fosters innovation, drives local investment, and encourages workforce development, ultimately creating a more resilient and prosperous community. By focusing on community improvement, the Economic Forum empowers local entities to work synergistically, ensuring sustainable growth and enhanced quality of life for residents.




This information is meant to be a general summary of Economic Forum. 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
$441,102 (2023)
Expenses
$416,012 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,915
  • Program Service Revenue: $433,187
  • Gross Receipts: $441,102

Assets and Liabilities:

  • Total Assets: $650,286
  • Total Liabilities: $156,346
  • Net Assets: $493,940

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Programs

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

MEMBERSHIP DUES

Revenue

$327,017

MEETING INCOME

Revenue

$106,170

Organization Details

Founding Year

1983

Principal Officer

Katharine Winograd

NTEE Category

Code: S30Z - Community improvement

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