New Mexico · Nonprofit
CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION
CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION (New Mexico) receives grants from 2 organizations whose IRS filings report $181,250 to it, the largest being ARNIA FOUNDATION ($170,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $907k
- Funders on record
- 2
- Grants received
- $181k
- Net assets
- $3.8M
What Credit Union Foundation of New Mexico Fka Nm Cu Education Foundation does
Mission
Strengthening credit unions in new mexico through collaborative opportunities.
As stated on its FY2025 Form 990.
Program
Cufnm's purpose is to strengthen the credit union movement which serves people of modest means living in new mexico and it does so with professional development to credit union staff and volunteers, higher education scholarships, youth education primarily through connected academy, and state-wide financial literacy initiatives.
$198,026 spentof which $138,596 as grants$63,650 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $198,026.
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 2024 to 2025, from $4.7M to $5.9M (+25%).
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.
89% of CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (87% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 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
Melia D Heimbuck
President/CEO
Board chair
Karen Griffo
Chairman
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2018 and FY2019 filings.
Who funds it, year by year
2021 → 2022: the base narrowed from 2 funders to 1 funder, grant income fell $96k → $85k.
From the IRS filings of CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION’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
CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION leans on a few funders — its largest provides 94% 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
100% 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 CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION.
Largest funder’s share by year: 2021 88% · 2022 100% — growing more concentrated.
“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
100% of CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION's grant income comes from New Mexico funders.
In-state vs out-of-state, by year
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
CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION runs a healthier operating margin than three-quarters of the 4,237 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 4,237 philanthropy nonprofits $100k–$1M, FY2025
Organizations like CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION
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
88% of spending goes to programs.
Governance
Public support
91%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Credit Union Association of New Mexico · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION: 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 CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION?
- CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION (New Mexico) receives grants from 2 organizations whose IRS filings report $181,250 to it, the largest being ARNIA FOUNDATION ($170,000). 1 of them have funded it in more than one year.
- How many funders does CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION have?
- IRS filings report 2 organizations giving $181,250 in grants to CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION, 1 of which have funded it in more than one year.
- Who is the largest funder of CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION?
- ARNIA FOUNDATION is the largest funder on record, with $170,000 in grants. The full list of funders is on this page.
- How can an organization like CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION 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.
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