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Otero County Economic Development Corporation

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Summary charts: organization finances over time

Revenue
−$1.55k (2024)

Expenses
$205k (2024)

Total Assets
$0 (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2012 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 June
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$1,549
Expenses
$205,180
Net Income
-$206,729
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets -$1,549
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $205,180
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Other
Tom French (Chairman) $0 $0
Rhonda Cross (Vice Chair) $0 $0
Rene Hatfield (Sec/Treas) $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,894
Expenses
$128,965
Net Income
-$125,071
Net Assets
$206,729
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,935
75.4%
Interest Revenue $959
24.6%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $128,251
99.4%
Compensation of Officers* $88,298
68.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $215,326
Total Liabilities $8,597
Net Assets $206,729
Compensation
Key Employees and Officers Compensation Other
Laurie Anderson (Interim Exec) $88,298 $10,696
Tom French (Chairman) $0 $0
Rhonda Cross (Vice Chair) $0 $0
Rene Hatfield (Sec/Treas) $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$761,737
Expenses
$148,926
Net Income
-$910,663
Net Assets
$331,800
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $62,494
Interest Revenue $288
Dividends $0
Sales of Assets -$824,519
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $82,516
55.4%
Compensation of Officers* $65,659
44.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $332,301
Total Liabilities $501
Net Assets $331,800
Compensation
Key Employees and Officers Compensation Other
Laurie Anderson (Interim Exec) $65,659 $0
Tom French (Chairman) $0 $0
Mario Romero (Vice Chair) $0 $0
Phil Stevens (Treasurer) $0 $0
Rhonda Cross (Secretary) $0 $0
Wilson Guin (Board Member) $0 $0
Rick Mccracken (Board Member) $0 $0
Barbara Mick (Board Member) $0 $0
Doreen Padilla (Board Member) $0 $0
David Quinlan (Board Member) $0 $0
Deborah Romero (Board Member) $0 $0
Duke Rodriguez (Board Member) $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$197,912
Expenses
$194,456
Net Income
$3,456
Net Assets
$1,242,463
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $197,484
99.8%
Interest Revenue $428
0.2%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $193,822
99.7%
Compensation of Officers* $63,715
32.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,242,738
Total Liabilities $275
Net Assets $1,242,463
Compensation
Key Employees and Officers Compensation Other
Laurie Anderson (Interim Exec) $63,715 $0
Tom French (Past Chairma) $0 $0
Rhonda Cross (Secretary) $0 $0
Regina Colbert (Chairman) $0 $0
Mario Romero (Vice Chair) $0 $0
Bashar Naser (Treasurer) $0 $0
Josh Beug (Board Member) $0 $0
David Quinlan (Board Member) $0 $0
Pete Cook (Board Member) $0 $0
Rick Mccracken (Board Member) $0 $0
Rene Hatfield (Board Member) $0 $0
Doreen Padilla (Board Member) $0 $0
Barbara Mick (Board Member) $0 $0
Robert Sealey (Board Member) $0 $0
Deborah Romero (Board Member) $0 $0
Wilson Guin (Board Member) $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$344,534
Expenses
$297,829
Net Income
$46,705
Net Assets
$1,239,007
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $343,199
99.6%
Interest Revenue $1,335
0.4%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $297,700
100.0%
Compensation of Officers* $62,250
20.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,239,159
Total Liabilities $152
Net Assets $1,239,007
Compensation
Key Employees and Officers Compensation Other
Laurie Anderson (Interim Exec) $62,250 $0
Tom French (Past Chairma) $0 $0
Rhonda Cross (Secretary) $0 $0
Regina Colbert (Chairman) $0 $0
Mario Romero (Vice Chair) $0 $0
Bashar Naser (Treasurer) $0 $0
Josh Beug (Board Member) $0 $0
David Quinlan (Board Member) $0 $0
Pete Cook (Board Member) $0 $0
Rick Mccracken (Board Member) $0 $0
Rene Hatfield (Board Member) $0 $0
Doreen Padilla (Board Member) $0 $0
Barbara Mick (Board Member) $0 $0
Robert Sealey (Board Member) $0 $0
Deborah Romero (Board Member) $0 $0
Wilson Guin (Board Member) $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$156,474
Expenses
$382,244
Net Income
-$225,770
Net Assets
$1,192,302
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $154,867
99.0%
Interest Revenue $1,607
1.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $382,114
100.0%
Compensation of Officers* $57,632
15.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,192,302
Total Liabilities $0
Net Assets $1,192,302
Compensation
Key Employees and Officers Compensation Other
Laurie Anderson (Interim Exec) $57,632 $3,879
Joshua Beug (Past Chairma) $0 $0
Regina Colbert (Secretary) $0 $0
Rene Hatfield (Chairman) $0 $0
Bashar Naser (Vice Chair) $0 $0
Darren Davis (Treasurer) $0 $0
Mary Parra (Board Member) $0 $0
David Quinlan (Board Member) $0 $0
Rhonda Cross (Board Member) $0 $0
Rick Mccracken (Board Member) $0 $0
Mario Romero (Board Member) $0 $0
Doreen Padilla (Board Member) $0 $0
Bobby Martinez (Board Member) $0 $0
Tom French (Board Member) $0 $0
Steve Muell (Board Member) $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$325,170
Expenses
$333,247
Net Income
-$8,077
Net Assets
$1,418,072
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $323,898
99.6%
Interest Revenue $1,272
0.4%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $333,118
100.0%
Compensation of Officers* $44,245
13.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,418,072
Total Liabilities $0
Net Assets $1,418,072
Compensation
Key Employees and Officers Compensation Other
Laurie Anderson (Interim Exec) $44,245 $425
Joshua Beug (Chairman) $0 $0
Pete Cook (Past Chairma) $0 $0
Rene Hatfield (Vice Chair) $0 $0
Bashar Naser (Treasurer) $0 $0
Darren Davis (Secretary) $0 $0
Mary Parra (Board Member) $0 $0
Regina Colbert (Board Member) $0 $0
Rhonda Cross (Board Member) $0 $0
Rick Mccracken (Board Member) $0 $0
Mario Romero (Board Member) $0 $0
Doreen Padilla (Board Member) $0 $0
John Marquardt (Board Member) $0 $0
Bobby Martinez (Board Member) $0 $0
Tom French (Board Member) $0 $0
Steve Muell (Board Member) $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$193,837
Expenses
$178,203
Net Income
$15,634
Net Assets
$1,426,149
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $191,287
98.7%
Interest Revenue $2,550
1.3%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $178,074
99.9%
Compensation of Officers* $53,862
30.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,426,649
Total Liabilities $500
Net Assets $1,426,149
Compensation
Key Employees and Officers Compensation Other
Michael Espiritu (President &) $53,862 $0
Marion Ledford (Past Chairma) $0 $0
Pete Cook (Chairman) $0 $0
Joshue Bueg (Vice Chairma) $0 $0
Rick Mccracken (Secretary) $0 $0
Tom French (Board Member) $0 $0
Bobby Martinez (Board Member) $0 $0
Mary Parra (Board Member) $0 $0
Rene Hatfield (Board Member) $0 $0
Doreen Padilla (Board Member) $0 $0
Mario Romero (Board Member) $0 $0
Regina Colbert (Board Member) $0 $0
Basher Naser (Board Member) $0 $0
Darren Davis (Treasurer) $0 $0
John Marquardt (Board Member) $0 $0
Steve Muell (Board Member) $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$203,338
Expenses
$1,041,502
Net Income
-$838,164
Net Assets
$1,410,515
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $200,772
98.7%
Interest Revenue $2,566
1.3%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,041,383
100.0%
Compensation of Officers* $53,864
5.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,410,515
Total Liabilities $0
Net Assets $1,410,515
Compensation
Key Employees and Officers Compensation Other
Michael Espiritu (President &) $53,864 $0
Marion Ledford (Chairman) $0 $0
Pete Cook (Vice Chairma) $0 $0
Joshue Bueg (Treasurer) $0 $0
Rick Mccracken (Secretary) $0 $0
Tom French (Past Chairma) $0 $0
Bobby Martinez (Board Member) $0 $0
Mary Parra (Board Member) $0 $0
Rene Hatfield (Board Member) $0 $0
Doreen Padilla (Board Member) $0 $0
Mario Romero (Board Member) $0 $0
Regina Colbert (Board Member) $0 $0
Basher Naser (Board Member) $0 $0
Darren Davis (Board Member) $0 $0
John Marquardt (Board Member) $0 $0
Steve Muell (Board Member) $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$182,749
Expenses
$159,009
Net Income
$23,740
Net Assets
$2,248,679
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $180,462
98.7%
Interest Revenue $2,287
1.3%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $159,009
100%
Compensation of Officers* $52,300
32.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,248,679
Total Liabilities $0
Net Assets $2,248,679
Compensation
Key Employees and Officers Compensation Other
Michael Espiritu (Executive Di) $52,300 $0
Marion Ledford (Chairman) $0 $0
Pete Cook (Vice Chairma) $0 $0
Joshue Bueg (Treasurer) $0 $0
Rick Mccracken (Secretary) $0 $0
Bobby Martinez (Board Member) $0 $0
Dr Ken Van Winkle (Board Member) $0 $0
Rene Hatfield (Board Member) $0 $0
Doreen Padilla (Board Member) $0 $0
Becky Roberts (Board Member) $0 $0
Regina Colbert (Board Member) $0 $0
Basher Naser (Board Member) $0 $0
Darren Davis (Board Member) $0 $0
Mary Parra (Board Member) $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$163,908
Expenses
$149,725
Net Income
$14,183
Net Assets
$2,224,939
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $161,746
98.7%
Interest Revenue $2,162
1.3%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $149,725
100%
Compensation of Officers* $52,300
34.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,224,939
Total Liabilities $0
Net Assets $2,224,939
Compensation
Key Employees and Officers Compensation Other
Michael Espiritu (Executive Di) $52,300 $3,327
Tom French (Chairman) $0 $0
Carroll Waggoner (Vice Chairma) $0 $0
Marion Ledford (Treasurer) $0 $0
Phil Stevens (Secretary) $0 $0
Bobby Martinez (Board Member) $0 $0
Rick Mccracken (Board Member) $0 $0
Juanita Whiteside (Board Member) $0 $0
Rene Hatfield (Board Member) $0 $0
Doreen Padilla (Board Member) $0 $0
Becky Roberts (Board Member) $0 $0
Cheri Jimeno (Board Member) $0 $0
Bill Kauper (Board Member) $0 $0
Darren Davis (Board Member) $0 $0
Mary Parra (Board Member) $0 $0
Pete Cook (Past Chair) $0 $0
Joshua Beug (Director) $0 $0
Laurie Anderson (Bus Develop) $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$178,219
Expenses
$202,750
Net Income
-$24,531
Net Assets
$2,210,755
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $173,915
97.6%
Interest Revenue $2,434
1.4%
Dividends $0
Sales of Assets $0
Other Income $1,870
1.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $151,980
75.0%
Compensation of Officers* $50,770
25.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,210,756
Total Liabilities $1
Net Assets $2,210,755

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$183,666
Expenses
$191,076
Net Income
-$7,410
Net Assets
$2,235,287
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $178,009
96.9%
Interest Revenue $2,866
1.6%
Dividends $0
Sales of Assets $0
Other Income $2,791
1.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $139,054
72.8%
Compensation of Officers* $51,914
27.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,235,287
Total Liabilities $0
Net Assets $2,235,287

Document Links

Fiscal Year Ending June
2011

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 June
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 June
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 June
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 June
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 June
2006

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 June
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 June
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

Fiscal Year Ending June
2003

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 June
2002

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 June
2001

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 »

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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.
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  • 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.
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  • 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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