UNITED SOUTH BROADWAY CORPORATION

ALBUQUERQUE, NM, 87125-0242 (505) 764-8867 Est. 1978 EIN 85-0371937
L82Z - Housing & Shelter 990 - Public charity return 501(c)(3)
www.unitedsouthbroadway.org

Mission

1.TO IMPROVE SOCIAL, PHYSICAL AND ECONOMIC CONDITIONS OF THOSE AREAS OF ALBUQUERQUE, NEW MEXICO AS NOW OR HEREAFTER DEEMED APPROPRIATE BY THIS CORPORATION. 2.TO ASSIST THE SOUTH BROADWAY AREA SECTOR PLAN IN ACHIEVING ITS GOALS WHENEVER USBC'S BOARD OF DIRECTORS FINDS IT APPROPRIATE AND WITHIN ITS FINANCIAL CAPABILITIES. 3.TO SOLICIT GRANTS, GIFTS, DONATIONS AND TO RAISE AND SECURE FUNDS BY ANY MEANS PRESENTLY LAWFUL FOR A NONPROFIT CORPORATION UNDER NEW MEXICO LAW. TO UTILIZE SUCH FUNDS TO ACHIEVE THE GOALS OF THIS CORPORATION AS NOW OR HEREAFTER SET FORTH BY THIS CORPORATION.

Financials

Total Revenue
$1,601,423
Total Expenses
$1,324,650
Net Assets
$127,560
17 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
1.2 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 55.4%
Expenses ↑ 28.6%
Revenue Sources
Contributions 90.2% Earned revenue 9.5%
Expense Breakdown
Program 90.4% Management 9.0% Fundraising 0.5%

Officers & Key Employees (6)

Individual compensation is available on Grow plans.

Grants Received (21)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$1,601,423 ↑$1,324,650$127,560
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$1,030,446 ↑$1,029,906$-149,213
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$611,829 ↓$966,679$-149,753
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$964,154 ↑$805,077$205,097
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$490,161 ↓$748,348$46,020
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$640,063 ↑$762,571$303,682
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$511,607 $760,543$405,656

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EIN: 85-0371937 · Source: IRS Form 990 e-file data