Economic Forum

Not tax-deductible

Albuquerque, NM501(c)(6)Since 1983Community Development EIN 85-0322187Revenue $455K in FY2025Latest return filed May 22, 2026

On file with the IRSecon-forum.com2500 Louisiana Blvd Ne Ste 512, 87110-4319 · Albuquerque, NMTax-exempt since May 1987

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

To organize and work with local and state businesses, government and education institutions for the purpose of achieving objectives that will improve the Economic welfare of metropolitan albuquerque.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
89¢ of each $1 spent went to programs.
Run by 13 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $5K a year · 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$138K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
15 mo
of spending, in cash
Looks good: 14.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$139K
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$455K
+11% vs prior year
Spent
$469K
To programs
89%
Net assets
$441K
By yearFY2020–FY2025
Revenue
$455K
FY2025▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$309K
FY2021$348K
FY2022$371K
FY2023$441K
FY2024$410K
FY2025$455K
Expenses
$469K
FY2025▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$272K
FY2021$310K
FY2022$362K
FY2023$416K
FY2024$474K
FY2025$469K
Net assets
$441K
FY2025▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$447K
FY2021$485K
FY2022$494K
FY2023$519K
FY2024$454K
FY2025$441K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $419K Management & general 11% · $49K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

12 people listed on the 990; $138K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$138,007Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretarytreasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Emily Howard’s $138K as Executive Director is at the 88th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Emily Howard$138,007$11,250————
Kathie Winograd—$120,000$130,000———
Katharine Winograd——$130,000$120,000——
Robert Murphy————$120,000$120,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Economic Forum executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves Albuquerque's economy by partnering with businesses, government, and schools.

Questions for Economic Forum

Tap to ask. Economic Forum sees how many people are interested.

Your first name shows with your question. Economic Forum answers here, for everyone.

1 program · $419K · in their own filed words · FY2025
01

Inform local and state businesses, government and educational institutions for the purpose of achieving objectives that will improve the economic welfare of the city of albuquerque, county of bernalillo and state of new mexico.

$419Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$455K
Ln 12
Fees for servicesLn 2g$444K
Investment incomeLn 3$11K
Money outPt IX
$469K
Ln 25
Programscol B$419K
Managementcol C$49K
Owns and owesPt X
$441K
net assets · Ln 32
Cash and savingsLn 1–2$569K
Total assetsLn 16$580K
LiabilitiesLn 26$139K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$444K
Investment incomeLn 3$11K
Total revenueLn 12$455K
Assets in detailPt X, end of year
CashLn 1$209K
SavingsLn 2$360K
Cash and savings togetherLn 1–2$569K
Land, buildings, equipmentLn 10c$334
Total assetsLn 16$580K
LiabilitiesLn 26$139K
Net assetsLn 32$441K
OperationsPt I, VI
EmployeesI 53
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$545K$569K
Land, buildings, equipmentLn 10c$2K$334
Total assetsLn 16$564K$580K
LiabilitiesLn 26$109K$139K
Net assetsLn 32$454K$441K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$138K$117K$21K
Other salaries and wagesLn 7$89K$76K$13K
Payroll taxesLn 10$18K$15K$3K
Accounting feesLn 11c$11K$10K$2K
Office expensesLn 13$32K$27K$5K
Information technologyLn 14$14K$12K$2K
OccupancyLn 16$18K$15K$3K
TravelLn 17$5K$4K$750
Conferences, conventions and meetingsLn 19$115K$115K
Depreciation, depletion and amortizationLn 22$1K$1K$182
InsuranceLn 23$3K$3K$484
Other expenses (24a–d)Ln 24$25K$25K
Total functional expensesLn 25$469K$419K$49K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 22, 2026 $455K$469K−$14K$441K 990 PDF
FY2024Filed with the IRS May 14, 2025 $410K$474K−$65K$454K 990 PDF
FY2023Filed with the IRS Apr 19, 2024 $441K$416K$25K$519K 990 PDF
FY2022Filed with the IRS Jun 30, 2023 $371K$362K$9K$494K 990 PDF
FY2021Filed with the IRS May 6, 2022 $348K$310K$38K$485K 990 PDF
FY2020Filed with the IRS Mar 22, 2021 $309K$272K$37K$447K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $455,009 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $392,790$444,010
I-10 Investment incomePrior year $17,066$10,999
I-11 Other revenue$0
I-12 Total revenuePrior year $409,856$455,009
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $224,553$244,850
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $249,872$223,718
I-18 Total expensesPrior year $474,425$468,568
I-19 Revenue less expensesPrior year −$64,569−$13,559
Part VI · Governance 11 of 11 board members independent, 3 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $455,009 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $444,010$444,010
VIII-3 Investment incomeExcluded from tax $10,999$10,999
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $444,010 · Unrelated business $0 · Excluded from tax $10,999$455,009
Part IX · Statement of functional expenses $468,568 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $117,306 · Management $20,701$138,007
IX-7 Other salaries and wagesPrograms $75,650 · Management $13,350$89,000
IX-10 Payroll taxesPrograms $15,167 · Management $2,676$17,843
IX-11c Accounting feesPrograms $9,529 · Management $1,681$11,210
IX-13 Office expensesPrograms $26,802 · Management $4,730$31,532
IX-14 Information technologyPrograms $11,608 · Management $2,049$13,657
IX-16 OccupancyPrograms $15,036 · Management $2,653$17,689
IX-17 TravelPrograms $4,250 · Management $750$5,000
IX-19 Conferences, conventions and meetingsPrograms $115,275$115,275
IX-22 Depreciation, depletion and amortizationPrograms $1,034 · Management $182$1,216
IX-23 InsurancePrograms $2,740 · Management $484$3,224
IX-24 Other expenses (24a–d)Programs $24,915$24,915
IX-25 Total functional expensesPrograms $419,312 · Management $49,256 · Fundraising $0$468,568
Part X · Balance sheet $580,041 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $76,324$208,613
X-2 Savings and temporary cash investmentsStart of year $468,962$360,301
X-4 Accounts receivableStart of year $9,690$10,070
X-9 Prepaid expenses and deferred chargesStart of year $1,193$723
X-10c Land, buildings and equipment, netStart of year $1,550$334
X-16 Total assetsStart of year $563,570$580,041
X-17 Accounts payable and accrued expensesStart of year $7,055$3,588
X-19 Deferred revenueStart of year $96,203$135,551
X-26 Total liabilitiesStart of year $109,109$139,139
X-27 Net assets without donor restrictionsStart of year $454,461$440,902
X-32 Total net assets or fund balancesStart of year $454,461$440,902
X-33 Total liabilities and net assetsStart of year $563,570$580,041
Part XI · Reconciliation of net assets $440,902 net assets at year end
XI-1 Total revenue$455,009
XI-2 Total expenses$468,568
XI-3 Revenue less expenses−$13,559
XI-4 Net assets at start of year$454,461
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$440,902

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.