New Mexico · Nonprofit
Albuquerque Regional Economic Alliance
Albuquerque Regional Economic Alliance (New Mexico) receives grants from 2 organizations whose IRS filings report $14,500 to it, the largest being DELTA DENTAL PLAN OF NEW MEXICO INC ($12,500). 0 of them have funded it in more than one year.
- Revenue FY2025
- $2.3M
- Funders on record
- 2
- Grants received
- $15k
- Net assets
- $3.9M
What Albuquerque Regional Economic Alliance does
Mission
AREA is a 501(c)(3) public charity that leads and executes strategies designed to grow and diversify the economic base of the greater Albuquerque region, creating a prosperous, diverse, and inclusive economy and elevating the standard of living for all.
As stated on its FY2025 Form 990.
Program
In 2025 AREA advanced through a pivotal year of the AREA 1.0 Strategic Plan with strong momentum, translating years of foundations work into measurable progress for the greater Albuquerque region. The year was defined by landmark project wins in aerospace, defense and next generations energy, alongside continued gains in site readiness, workforce alignment, and regional collaboration. Business recruitment, retention and expansion: AREA recruits companies that export the majority of their goods and services outside of New Mexico, thereby bringing new money into the state's economy. Business development: AREA assists existing local businesses with their expansion plans, helping connect them to resources that position them for growth.Recruitment and development of contributors: AREA invites leading metro area businesses to contribute to the organization and to be engaged for the advancement of its mission. AREA provides educational programs, training and networking opportunities to its contributors.
$1,595,241 spent100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $1,595,241.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $4.3M to $3.3M (−22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 12% · 2018 17% · 2019 9% · 2020 17% · 2021 13% · 2022 11% · 2023 21% · 2024 22% · 2025 25%. Grants only. Government contracts and fees sit inside program revenue.
85% of Albuquerque Regional Economic Alliance’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Chad Matheson
Interim Pre/CEO
Board chair
Don Tarry
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
Left out of every figure on this page: $85k from 2 payers (the payer shares this organization's board, largest Albuquerque Community Foundation). These are real filings, and they are not money Albuquerque Regional Economic Alliance raised.
From the IRS filings of Albuquerque Regional Economic Alliance’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Albuquerque Regional Economic Alliance leans on a few funders — its largest provides 86% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
86% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Albuquerque Regional Economic Alliance.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
86% of Albuquerque Regional Economic Alliance's grant income comes from New Mexico funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Albuquerque Regional Economic Alliance runs a healthier operating margin than half of the 2,127 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Organizations like Albuquerque Regional Economic Alliance
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Albuquerque Forward Fund · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Albuquerque Regional Economic Alliance: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Albuquerque Regional Economic Alliance?
- Albuquerque Regional Economic Alliance (New Mexico) receives grants from 2 organizations whose IRS filings report $14,500 to it, the largest being DELTA DENTAL PLAN OF NEW MEXICO INC ($12,500). 0 of them have funded it in more than one year.
- How many funders does Albuquerque Regional Economic Alliance have?
- IRS filings report 2 organizations giving $14,500 in grants to Albuquerque Regional Economic Alliance.
- Who is the largest funder of Albuquerque Regional Economic Alliance?
- DELTA DENTAL PLAN OF NEW MEXICO INC is the largest funder on record, with $12,500 in grants. The full list of funders is on this page.
- How can an organization like Albuquerque Regional Economic Alliance find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Albuquerque Regional Economic Alliance →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing