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Regional Development Corporation at a glanceMostly funded, not a grantmaker: see who funds it →

· Public charity

Regional Development Corporation

The REGIONAL DEVELOPMENT CORPORATION (rdc) is a private non-profit 501(c) (3) organization dedicated to improving economic development in northern new mexico.

$567k
Granted FY2025still arriving
24
Grants FY2025still arriving
1
States reached
$61k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0185% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Community Improvement$650kEmployment$649kEducation$210kFood & Nutrition$184kScience & Tech$154kArts & Culture$134kEnvironment$60kHealth$53kOther$0
02FY2025 · 24 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 24 grants below total $353,857, the rows itemized in this filing. The $566,959 headline is the total grant expense on the return; the other $213,102 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2025

  • Under $10k13 grants · $105k
  • $10k–50k10 grants · $188k
  • $50k–250k1 grant · $61k
$9,990
Median grant
1
States reached
$1.2M
Total assets
Largest grants
RecipientAmount
SFCC FOUNDATION$61,000
UNIVERSITY OF NEW MEXICO$25,293
SANTA FE AREA HOME BUILDERS$25,000
WOLF & MERMAID ENCHANTED ROASTERS$21,277
NEUROGENECES INC$20,000
Individual grant recipient$20,000
Individual grant recipient$20,000
BDT MFG LLC$20,000
TAOS COUNTY CHAMBER OF COMMERCE$12,000
ENTREPRENEURIAL INSTITUTE OF NORTHE$12,000
EAPANOLE VALLEY CHAMBER OF COMMERCE$12,000
BROKEN ARROW GLASS RECYCLING INC$9,990
Individual grant recipient$8,800
KALTRON PULSED POWER SYSTEMS$8,663
Individual grant recipient$8,639
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 14%, against an area that typically sits at 14%. 35% of its dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 14%GREEN THEME TECHNOLOGIES INC: $20k → 10%LENGTH WIDTH HEIGHT: $42k → 12%NORTHERN NEW MEXICO COLLEGE: $70k → 18%CHOKOLA BEAN TO BAR: $34k → 18%MORA VALLEY WOODWORKING: $29k → 21%NEW MEXICO HIGHLANDS UNIVERSITY: $61k → 23%HONEYMOON BREWERY: $28k → 12%NORTHERN NEW MEXICO COLLEGE: $40k → 18%BDT MFG LLC: $20k → 18%LUNA COMMUNITY COLLEGE: $23k → 23%GO LIGHTLY CASHMERE: $20k → 12%DEE DEE'S FINEST BEEF JERKY: $27k → 18%LUNA COMMUNITY COLLEGE: $20k → 23%NORTHERN NEW MEXICO COLLEGE: $23k → 18%HIGH WATER MARK LLC: $25k → 10%TALL FOODS: $45k → 12%SPECIFICA INC: $32k → 12%REVERSE ENGINEERING LAB: $60k → 12%UNIVERSITY OF NEW MEXICO LOS ALAMOS: $60k → 10%SAN ILDEFONSO SERVICES LLC: $21k → 12%MUSICH ENTERTAINMENT LLC: $40k → 18%UNIVERSITY OF NEW MEXICO LOS ALAMOS: $41k → 10%YXO INC: $45k → 12%UNIVERSITY OF NEW MEXICO LOS ALAMOS: $35k → 10%NTXBIO LLC: $37k → 12%MUSICH ENTERTAINMENT: $20k → 18%UNIVERSITY OF NEW MEXICO LOS ALAMOS: $34k → 10%VERDE FOOD COMPANY: $20k → 12%UNIVERSITY OF NEW MEXICO LOS ALAMOS: $31k → 10%EXTRAORDINARY STRUCTURES: $33k → 12%RANCHO MANZANARES: $21k → 18%SALA LOS ALAMOS EVENT CENTER: $20k → 10%NEUROGENECES INC: $20k → 12%SANTA FE SPIRITS DISTILLERY LLC: $31k → 12%PUEBLO ALLIANCE LLC: $34k → 18%MARTY'S MEALS: $20k → 12%UNIVERSITY OF NEW MEXICO TAOS: $30k → 18%NORTH CENTRAL NM ECONOMIC: $29k → 12%ROSITAS MEXICAN STORE: $20k → 18%UNIVERSITY OF NEW MEXICO - TAOS: $20k → 18%SANTA FE AREA HOME BUILDERS: $25k → 12%SFCC FOUNDATION: $91k → 12%SANTA FE COMMUNITY COLLEGE FOUNDATI: $75k → 12%SFCC FOUNDATION: $61k → 12%SFCC FOUNDATION: $40k → 12%SFCC FOUNDATION: $30k → 12%WOLF & MERMAID ENCHANTED ROASTERS: $21k → 12%NECESSITY GAS: $24k → 12%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

50%of every dollar goes to organizations it has funded before.
$1.3M · 21 repeat orgs$1.3M to everyone else

21 repeat relationships: 5 still active in FY2025, 16 since wound down; 19 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

21
63

Total granted

$1.3M
$1.0M

Median revenue growth · since first grant

-24%
+80%

Still filing today

5%
6%

New vs renewed · share of each year

In FY2025, 30% of grant dollars renewed an existing relationship; $248k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
EducationArts & CultureCommunity ImprovementCrime & LegalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • SF
    SFCC FOUNDATION
    4× · 2022–2025 · $222k
  • UO
    UNIVERSITY OF NEW MEXICO LOS ALAMOS
    5× · 2020–2024 · $201k
  • NN
    NORTHERN NEW MEXICO COLLEGE
    3× · 2021–2024 · $133k

Funded once

  • SF
    SANTA FE COMMUNITY COLLEGE FOUNDATIONgraduated
    one grant, 2020 · $75k · revenue +80%
  • RE
    REVERSE ENGINEERING LAB
    one grant, 2017 · $60k
  • IG
    Individual grant recipient
    one grant, 2018 · $42k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field
04the grantee network

7 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 7 of the 103 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
2
Early backer (in before they grew)
7/7
Grantees still filing
5/7
Grew since first funded

Where the money sits, by cause and then by grantee

SFCC FOUNDATION: $222,000 · OtherSFCC FOUNDATIONUNIVERSITY OF NEW MEXICO LOS ALAMOS: $201,211 · OtherUNIVERSITY OF NEW MEXICO LOS ALAMOSNORTHERN NEW MEXICO COLLEGE: $133,414 · OtherNORTHERN NEW MEXICO COLLEGE+94 more: $1,763,744 · Other+94 moreNEW MEXICO HIGHLANDS UNIVERSITY FOUNDATION INC: $97,301 · EducationSANTA FE COMMUNITY COLLEGE FOUNDATION: $75,000 · EducationFUTURE FOCUSED EDUCATION: $8,000 · EducationESPANOLA VALLEY CHAMBER OF COMMERCE: $12,000 · Community ImprovementFAMILY STRENGTHS NETWORK: $7,500 · Crime & LegalFILM PRIZE FOUNDATION INC: $7,000 · Arts & Culture
Other$2,320,369Education$180,301Community Improvement$12,000Crime & Legal$7,500Arts & Culture$7,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0Mgrantee revenue →↑ funder's share of their budgetNEW MEXICO HIGHLANDS UNIVERSITY FOUNDATION INC: $97,301 over 3y, 1.8% of budgetSANTA FE COMMUNITY COLLEGE FOUNDATION: $75,000 over 1y, 4.4% of budgetTAOS COUNTY CHAMBER OF COMMERCE: $12,000 over 1y, 5.1% of budgetFUTURE FOCUSED EDUCATION: $8,000 over 1y, 0.4% of budgetFAMILY STRENGTHS NETWORK: $7,500 over 1y, 2.8% of budgetFILM PRIZE FOUNDATION INC: $7,000 over 1y, 0.5% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds NEW MEXICO HIGHLANDS UNIVERSITY FOUNDATION INC ↗
  • Who funds SANTA FE COMMUNITY COLLEGE FOUNDATION ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Amazonsmile Foundation
Amazonsmile FoundationWA0.8× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Regional Development Corporation funds: left to right is the share of its income from government, bottom to top the share from Regional Development Corporation. Bigger dots raise more.

2023
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%1%3%4%5%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    3report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    05Through Plinth

    Warm introductions · Powered by PlinthPlus

    How do I get to Regional Development Corporation?

    Find your warmest path to Regional Development Corporation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

    Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 103 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Regional Development’s filings →

    More from the funding graph

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