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New Mexico Life Insurance Guaranty Association

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$3.13M (2024)

Expenses
$593k (2024)

Total Assets
$3.87M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,127,021
Expenses
$592,745
Net Income
$2,534,276
Net Assets
$3,866,571
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,116,719
99.7%
Investment Income $10,302
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,866,571
Total Liabilities $0
Net Assets $3,866,571
Compensation
Key Employees and Officers Compensation Related Other
Rosa G Iturbides (Chair) $0 $0 $0
Gerrie Marks (Vice Chair) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Eric Dupont (Treasurer) $0 $0 $0
Megan Claypool (Director) $0 $0 $0
John C Cook (Director) $0 $0 $0
Darie Jordan (Director) $0 $0 $0
James Harrison (Director) $0 $0 $0
Matthew Ahmann (Director) $0 $0 $0
Tom Rushton (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$931,667
Expenses
$835,842
Net Income
$95,825
Net Assets
$1,332,295
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $928,526
99.7%
Investment Income $3,141
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,332,295
Total Liabilities $0
Net Assets $1,332,295
Compensation
Key Employees and Officers Compensation Related Other
Rosa G Iturbides (Chair) $0 $0 $0
Gerrie Marks (Vice Chair) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Donald L Hunter (Treasurer) $0 $0 $0
Megan Claypool (Director) $0 $0 $0
John C Cook (Director) $0 $0 $0
Eric Du Pont (Director) $0 $0 $0
Sarah James (Director) $0 $0 $0
Darie Jordan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$236,223
Expenses
$428,108
Net Income
-$191,885
Net Assets
$1,236,470
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $233,968
99.0%
Investment Income $2,255
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,236,470
Total Liabilities $0
Net Assets $1,236,470
Compensation
Key Employees and Officers Compensation Related Other
Rosa G Iturbides (Chairman) $0 $0 $0
Matthew Ahmann (Vice Chairman) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Donald L Hunter (Treasurer) $0 $0 $0
Megan Claypool (Director) $0 $0 $0
John C Cook (Director) $0 $0 $0
Eric Du Pont (Director) $0 $0 $0
Darie Jordan (Director) $0 $0 $0
Chris Krahling (Director) $0 $0 $0
Gerrie Marks (Director) $0 $0 $0
Thomas R Rushton (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,155,420
Expenses
$661,025
Net Income
$494,395
Net Assets
$1,428,355
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,153,502
99.8%
Investment Income $1,918
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,428,355
Total Liabilities $0
Net Assets $1,428,355
Compensation
Key Employees and Officers Compensation Related Other
Rosa G Iturbides (Chairman) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Matthew Ahmann (Vice Chairman) $0 $0 $0
Eric Du Pont (Director) $0 $0 $0
Donald L Hunter (Director) $0 $0 $0
Gerrie Marks (Director) $0 $0 $0
Cynthia Feiden Warsh (Director) $0 $0 $0
Matt Hargrafen (Director) $0 $0 $0
Darie Jordan (Director) $0 $0 $0
Melinda Silver (Director) $0 $0 $0
John C Cook (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$522,457
Expenses
$462,767
Net Income
$59,690
Net Assets
$933,960
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $520,243
99.6%
Investment Income $2,214
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $933,960
Total Liabilities $0
Net Assets $933,960
Compensation
Key Employees and Officers Compensation Related Other
Rosa G Iturbides (Vice Chairman) $0 $0 $0
Kurt Shipley (Treasurer) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Matthew Ahmann (Director) $0 $0 $0
Eric Du Pont (Director) $0 $0 $0
Donald L Hunter (Director) $0 $0 $0
Gerrie Marks (Director) $0 $0 $0
Cynthia Feiden Warsh (Director) $0 $0 $0
Matt Hargrafen (Director) $0 $0 $0
Darie Jordan (Director) $0 $0 $0
Melinda Silver (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$255,928
Expenses
$370,406
Net Income
-$114,478
Net Assets
$874,270
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $252,937
98.8%
Investment Income $2,991
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $874,270
Total Liabilities $0
Net Assets $874,270
Compensation
Key Employees and Officers Compensation Related Other
Michael Hickey (Chairman) $0 $0 $0
Rosa G Iturbides (Vice Chairman) $0 $0 $0
Kurt Shipley (Treasurer) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Matthew Ahmann (Director) $0 $0 $0
Eric Du Pont (Director) $0 $0 $0
Donald L Hunter (Director) $0 $0 $0
Gerrie Marks (Director) $0 $0 $0
Tom Simpson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$226,397
Expenses
$342,427
Net Income
-$116,030
Net Assets
$988,748
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $218,412
96.5%
Investment Income $7,985
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $988,748
Total Liabilities $0
Net Assets $988,748
Compensation
Key Employees and Officers Compensation Related Other
Michael Hickey (Chairman) $0 $0 $0
Rosa G Iturbides (Vice Chairman) $0 $0 $0
Kurt Shipley (Treasurer) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Matthew Ahmann (Director) $0 $0 $0
Eric Du Pont (Director) $0 $0 $0
Donald L Hunter (Director) $0 $0 $0
Gerrie Marks (Director) $0 $0 $0
Tom Simpson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,235,224
Expenses
$7,909,136
Net Income
$326,088
Net Assets
$1,104,778
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,232,075
100.0%
Investment Income $3,149
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,104,778
Total Liabilities $0
Net Assets $1,104,778
Compensation
Key Employees and Officers Compensation Related Other
Amado Sonny Espinoza Iii (Chairman) $0 $0 $0
Michael Hickey (Vice Chairman) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Dayna V Kirk (Director) $0 $0 $0
Matthew Ahmann (Director) $0 $0 $0
Rosa G Iturbides (Director) $0 $0 $0
Gerrie Marks (Director) $0 $0 $0
Kurt Shipley (Treasurer) $0 $0 $0
Eric Du Pont (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$406,211
Expenses
$347,776
Net Income
$58,435
Net Assets
$778,690
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $404,023
99.5%
Investment Income $2,188
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $778,690
Total Liabilities $0
Net Assets $778,690
Compensation
Key Employees and Officers Compensation Related Other
Amado Sonny Espinoza Iii (Chairman) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Randall C Wimsatt (Director) $0 $0 $0
Dayna V Kirk (Director) $0 $0 $0
Matthew Ahmann (Director) $0 $0 $0
Michael Hickey (Vice Chairman) $0 $0 $0
Rosa G Iturbides (Director) $0 $0 $0
Gerrie Marks (Director) $0 $0 $0
Thomas M Ronce (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$230,515
Expenses
$358,413
Net Income
-$127,898
Net Assets
$720,255
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $228,204
99.0%
Investment Income $2,311
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $720,255
Total Liabilities $0
Net Assets $720,255
Compensation
Key Employees and Officers Compensation Related Other
Amado Sonny Espinoza Iii (Chairman) $0 $0 $0
Christopher L Chandler (Vice Chairman) $0 $0 $0
Thomas M Ronce (Treasurer) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Randall C Wimsatt (Director) $0 $0 $0
Dayna V Kirk (Director) $0 $0 $0
Matthew Ahmann (Director) $0 $0 $0
Michael Hickey (Director) $0 $0 $0
Rosa G Iturbides (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$204,324
Expenses
$321,992
Net Income
-$117,668
Net Assets
$848,153
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $201,972
98.8%
Investment Income $2,352
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $848,153
Total Liabilities $0
Net Assets $848,153
Compensation
Key Employees and Officers Compensation Related Other
Amado Sonny Espinoza Iii (Chairman) $0 $0 $0
Christopher L Chandler (Vice Chairman) $0 $0 $0
Thomas M Ronce (Treasurer) $0 $0 $0
Bob Corn (Secretary) $0 $0 $0
Randall C Wimsatt (Director) $0 $0 $0
Dayna V Kirk (Director) $0 $0 $0
Matthew Ahmann (Director) $0 $0 $0
Michael Hickey (Director) $0 $0 $0
Rosa G Iturbides (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,118,846
Expenses
$2,718,682
Net Income
-$1,599,836
Net Assets
$965,821
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,116,423
99.8%
Investment Income $2,423
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $965,821
Total Liabilities $0
Net Assets $965,821
Compensation
Key Employees and Officers Compensation Related Other
Amado Sonny Espinoza Iii (Chairman) $0 $0 $0
Christopher L Chandler (Vice Chairman) $0 $0 $0
Thomas M Ronce (Treasurer) $0 $0 $0
Lynda Turner (Secretary) $0 $0 $0
Bob Corn (Director) $0 $0 $0
Randall C Wimsatt (Director) $0 $0 $0
Danya V Kirk (Director) $0 $0 $0
Matthew Ahmann (Director) $0 $0 $0
Michael Hickey (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,124,077
Expenses
$724,638
Net Income
$1,399,439
Net Assets
$2,565,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,121,469
99.9%
Investment Income $2,608
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,565,657
Total Liabilities $0
Net Assets $2,565,657

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$944,845
Expenses
$906,224
Net Income
$38,621
Net Assets
$1,166,218
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $941,613
99.7%
Investment Income $3,232
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,166,218
Total Liabilities $0
Net Assets $1,166,218

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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