New Mexico Educational Assistance Foundation
Donations deductibleRevenue
$13.9m
year to 30 June 2025
Expenses
$11.4m
year to 30 June 2025
Total assets
$203.2m
$89.3m liabilities
Net assets
$113.9m
assets less liabilities
Directors and trustees
6
6.8 years on average
Staff
58
33 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
7
named in Part VII
New Mexico Educational Assistance Foundation's network
6 peoplei6 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (6). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
6 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Alex Heubeck | Director | 2020 | 6 yrs |
| Andrew Jacobson | Director | 2022 | 4 yrs |
| Brad Allpass | President & CEO | 2022 | 4 yrs |
| Gavin Gillette | Vice Chair | 2018 | 8 yrs |
| Julie Filatoff | Secretarytreasurer | 2018 | 8 yrs |
| Pauline Garcia | Director | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
7 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Brad Allpass | Vice President Finance | since 2018 |
| Estevan Martinez | Asst Vice President Info Te | since 2020 |
| Grace Tackman | Vice President Admin Service | since 2018 |
| Lois Fort | Director of Operations | since 2021 |
| Michael Nemelka | President | since 2018 |
| Reginald Storment | General Counsel | since 2018 |
| Tracy Rowe | Asst Vice President of Finan | since 2020 |
Pay and hours
year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Brad Allpass | President & CEO | 30 | $211k | $19k | |
| Reginald Storment | General Counsel | 30 | $148k | $27k | |
| Grace Tackman | Vice President Admin Service | 30 | $145k | $33k | |
| Estevan Martinez | Asst Vice President Info Tech | 30 | $142k | $19k | |
| Tracy Rowe | Vice President of Finance | 30 | $119k | $25k | |
| Lois Fort | Director of Operations | 30 | $109k | $16k | |
| Michael Banyai | Sr Networks System Administrator | 40 | $107k | $10k | |
| Deena Pierce | Controller | 40 | $101k | $16k | |
| Kevin Powers | Vice Chair | 2 | $0 | ||
| Marsha Majors | Director | 2 | $0 | ||
| Laura M Montoya | Director | 2 | $0 | ||
| Rosenda Minella | Secretarytreasurer | 2 | $0 | ||
| Alex Heubeck | Chair | 2 | $0 |
About
- Legal name
- New Mexico Educational Assistance Foundation
- EIN
- 850291313
- Address
- Po Box 27020, Albuquerque, NM, 87125-7020
- State
- New Mexico
- Mission
- Promote the public welfare and prosperity of the people of new mexico by stimulating the availability of financial assistance for post-secondary education so as to give greater higher education opportunity. (as filed on the Form 990)
- Activity (NTEE)
- B820 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 9 (IRS master file code)
- Formed
- 1981
- Principal officer
- Brad Allpass (as named on the Form 990)
- IRS ruling date
- 1 November 1981
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2023
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsGavin Gillette
≥8years on the filingsJulie Filatoff
≥8years on the filingsPauline Garcia
≥6years on the filingsAlex Heubeck
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $203.2m
- Total liabilities
- $89.3m
- Net assets or fund balances
- $113.9m
- Contributions and grants received
- $1.2m
- Program service revenue
- $11.2m
- Employees
- 58
- Volunteers
- 33