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Organizations New Mexico Community Development Loan Fund Inc.

New Mexico Community Development Loan Fund Inc.

Fiscal year ending 2024. Filed on November 14, 2025.

PO Box 705
Albuquerque, New Mexico 87103

New Mexico Community Development Loan Fund Inc. (EIN: 85-0377424) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, New Mexico Community Development Loan Fund Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 10 total employees. Among the employees shown here, the average compensation is $209,610. The highest compensated employee at New Mexico Community Development Loan Fund Inc. is F Leroy Pacheco with fiscal year 2024 compensation of $310,895.

Revenue, expenses, and employee compensation

Revenue

$2,406,073

Expenses

$3,167,379

Employee compensation

$1,137,753
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

F Leroy Pacheco
President and Chief Executive Officer
$310,895
$268,992 No related comp$41,903
Conchie Searle
Chief Financial Officer
$171,099
$150,672 No related comp$20,427
George Kenefic
Director of Enterprise
$146,836
$122,833 No related comp$24,003

Benchmark Employee Compensation

Non-Employee Board Members

Beth Petruno
Director
Chris Samborski
Director
Dan Wilkinson Sr
Director
Dar Johnson
Director
David Allen
Director
Eric Hall
Chair (AS of 1/24)
Herb Crosby
Chair (Thru 1/24)
Ida Fierro
Secretary
Izaac Juda Zubia
Director
John Vrabec
Director
Justin Horwitz
Director
Manny Ortiz
Treasurer

Contractors

David Hicks
Lending Consulting and Tech Assist
$117,963

Mission Statement

SEE SCHEDULE OTHE LOAN FUND WAS FORMED TO ENCOURAGE AND FACILITATE THE INVESTMENT OF CAPITAL IN LOW-INCOME NEW MEXICO COMMUNITIES THROUGH INDIVIDUALS, RELIGIOUS AND COMMUNITY ORGANIZATIONS, FOUNDATIONS, GOVERNMENT ENTITIES, LENDING INSTITUTION AND OTHERS. THE LOAN FUND PLACES PARTICULAR EMPHASIS ON ASSISTING LOWINCOME, MINORITY AND WOMAN-OWNED BUSINESSES AND THOSE WHO MEET OTHER SPECIAL REQUIREMENTS AND ARE UNABLE TO ACCESS AFFORDABLE LOANS FROM TRADITIONAL SOURCES SUCH AS BANKS.

Revisions to this organization profile

November 14, 2025:
2024 New Mexico Community Development Loan Fund Inc. 990 filed
November 1, 2024:
2023 New Mexico Community Development Loan Fund Inc. 990 filed
August 28, 2023:
2022 New Mexico Community Development Loan Fund Inc. 990 filed

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