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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education New Mexico State University Foundation Inc

New Mexico State University Foundation Inc

Fiscal year ending 2024. Filed on May 10, 2025.

PO Box 3590
Suite 1750
Las Cruces, New Mexico 88003

New Mexico State University Foundation Inc (EIN: 85-0170157) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, New Mexico State University Foundation Inc, a 501(c)(3) charitable organization, reported compensation for 10 out of 108 total employees. Among the employees shown here, the average compensation is $217,816. The highest compensated employee at New Mexico State University Foundation Inc is David Strong with fiscal year 2024 compensation of $436,645.

Revenue, expenses, and employee compensation

Revenue

$41,094,361

Expenses

$29,765,615

Employee compensation

$8,555,600
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Strong
Chief Financial Officer (Until 6/14/2024
$436,645
$343,955 No related comp$92,690
Virginia Schlemeyer
Vice President for External Relations (Until 9/15/2023)
$229,578
$204,914 No related comp$24,664
James Covington
Executive Director - Estates and Planned Giving
$220,706
$170,837 No related comp$49,869
Derek Dictson
Former President
$212,957
$172,299 No related comp$40,658
Stacey MacDonnell
AVP Advancement Services
$212,393
$173,848 No related comp$38,545
Susan Sorenson-Clark
Director of Talent and Culture
$200,874
$142,964 No related comp$57,910
Matthew Burns
Chief of Staff
$195,861
$153,707 No related comp$42,154
John Gresham
Information Technology Director
$177,466
$130,496 No related comp$46,970
Maria McDonagh
Communications Director
$177,388
$139,770 No related comp$37,618
Sylvia Acosta
Chief Executive Officer (Begin 10/2/2023)
$114,287
$90,827 No related comp$23,460

Benchmark Employee Compensation

Non-Employee Board Members

Aaron de Los Santos
Treasurer (Until 4/2024)
Abel Covarrubias
Director
Amy Hummer
Secretary
Bob Dintelman
Director
Carol Smallwood
Director
Christian H Hendrickson
Chair
Christopher Dulany
Director
Deanza Valencia
Director
Del Esparza
Director
Dr Judy Johnson
Director
Dr Sue Gerber
Director
Eric Powell
Director / Treasurer (Begin 4/2024)

Contractors

Angeles Investments
Investment
$639,195
Blackbaud
Software
$174,782
Aspen Leadership Group
Executive Search
$161,806
Advanced Network Solutions
IT
$107,454

Mission Statement

THE MISSION OF NEW MEXICO STATE UNIVERSITY FOUNDATION IS TO FOSTER LONG-TERM RELATIONSHIPS WITH OUR ALUMNI, SUPPORTERS, AND COMMUNITY IN ORDER TO SECURE, MANAGE, STEWARD, AND PROTECT A SUSTAINABLE SOURCE OF PRIVATE RESOURCES THAT WILL ENHANCE THE ABILITY OF NEW MEXICO STATE UNIVERSITY TO FULFILL ITS LAND GRANT MISSION.

Revisions to this organization profile

May 10, 2025:
2024 New Mexico State University Foundation Inc 990 filed
May 14, 2024:
2023 New Mexico State University Foundation Inc 990 filed
May 15, 2023:
2022 New Mexico State University Foundation Inc 990 filed

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