Regional Development Corporation

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “The regional development corporation (rdc) is a private non-profit 501(c) (3) organization dedicated to improving economic development in northern new mexico. rdc provides private investment opportunities and technical assistance to facilitate job growth and diversify the economies of communities in the following seven counties: los alamos, mora, rio arriba, sandoval, san miguel, santa fe, taos, and the municipalities and native american pueblos therein.”.

When referring to its functions, they were specified as: “The regional development corporation (rdc) is a private non-profit 501(c) (3) organization dedicated to improving economic development in northern new mexico. rdc provides private investment opportunities and technical assistance to facilitate job growth and diversify the economies of communities in the following seven counties: los alamos, mora, rio arriba, sandoval, san miguel, santa fe, taos, and the municipalities and native american pueblos therein.”.

• The non-profit has reported their operating state as NM, as required by law.
• As stated in the filing, the non-profit's address in 2020 was PO BOX 2698, ESPANOLA, NM, 87532.
• The non-profit's form reports a total of 5 employees as of 2020.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are between $500,000 and $1,000,000+.
• Revenue is greater than $1,000,000.
• Revenue less expenses is $527,789.
• The CEO's salary policy within the organization is established through a review process by an impartial entity.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 8 independent voting members.
• The organization was formed in 1996.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule O.
• The organization pays $297,591 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization has grants to organizations.
• The organization's financial statements were reviewed by an accountant.