Regional Development Corporation

SANTA FE, NM EIN: 74-2805791 Website

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.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.3M

-15.4% YoY

Annual Giving

$189K

-51.1% YoY

Grant Count

12

-29.4% YoY

Avg Grant Size

$16K

-30.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$365K$729K$1M$1M20202021202220232024
Metric202420232022
Total Assets$1,311,537$1,550,296$1,502,973
Revenue$1,149,014$1,065,040$1,038,194
Expenses$1,326,211$1,082,411$866,402
Qualifying Distributions
Net Investment Income$43,532$1,457$438
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$97K$193K$290K$386K0 grants202015 grants202113 grants202217 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF NEW MEXICO…$41KSFCC FOUNDATION$30KNORTHERN NEW MEXICO COLL…$23KLUNA COMMUNITY COLLEGE$23KTAOS PUEBLO BEHAVIORAL H…$15KBERT'S TRASH SERVICES LLC$9KDANCING BUTTERFLY NATURA…$8KDAWN BUTTERFLY CAFE$8KPASSPORT TO PUEBLO COUNTY$8KSAGE MOUNTAINFLOWER LLC$8K

Grant Size Distribution

57 grants across all recorded years

53<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PATRICK VANDERPOOLEXECUTIVE DI$61K

From 2024 filing

NameTitleHoursCompensation
PATRICK VANDERPOOLEXECUTIVE DI40$61,240
JENNIFER JENKINSCHAIR2
KRISTIN HENDERSONVICE CHAIR2
JACK JEKOWSKISECRETARY2
EVERETT TRUJILLOTREASURER2
LINDA MCLELLANDIRECTOR2
CEDRIC PAGEDIRECTOR2
ELMER SALAZARDIRECTOR2
REBECCA WURZBURGERDIRECTOR2
PHOEBE K SUINADIRECTOR2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

AbiquiuAlbuquerqueArroyo HondoArroyo SecoEl PradoEspanolaJemez PuebloJemez SpringsLas VegasLos AlamosOhkay OwingehRanchos De TaosRio RanchoSanta CruzSanta FeShreveportTaosValdez

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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