Skip to the page content
Your donations
Passes our checks

Greater Gallup Economic Development Corporation

EIN 45-4733224 · Gallup, NM

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

IT IS THE MISSION OF THE GGEDC TO DRIVE ECONOMIC GROWTH IN THE GALLUP- MCKINLEY COUNTY AREA THROUGH BUILDING ON LOCAL ASSETS AND STRATEGIC PARTNERING TO ATTRACT, RECRUIT AND RETAIN BUSINESS AND INDUSTRIAL EMPLOYERS THAT PROVIDE ECONOMIC-BASE JOBS AND TO SUPPORT AD PROMOTE A BUSINESS- FRIENDLY ENVIRONMENT.

Income
$582,025
Spending
$682,004
Spent on programs
75%
Reserves
32.7 months of spending
Largest source of income
government grants, 91%
Employees
7
Highest pay
$167,385, executive di

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 63% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 32.7 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 17% of income.

  • Income trend

    15 of 15

    Income rose 2% on the year before.

  • Spending floor

    15 of 15

    75% of spending went to programs and raising each dollar of donations cost 4 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 92% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $513,199 spent. (1)BUSINESS ATTRACTION & RECRUITMENT (BAR): UNDER ITS BAR PROGRAM, THE GGEDC CONTINUED TO PERFORM UNDER A CONTRACT FROM MCKINLEY COUNTY TO OVER SEE AND COORDINATE THE WORK OF CONSULTANT TEAMS ON INTER-RELATED DEVELOPMENT PROJECTS, ENGAGED BY THE COUNTY TO PLAN AND DESIGN: (A) AN AUTOMOTIVE / AUTONOMOUS VEHICLES PROVING GROUND COMPLEX; (B) A HYDROGEN / MULTI-FUEL HUB; (C) A MULTI-FUNCTIONAL INLAND PORT FACILITY. GGEDC STAFF AND LOCAL CONSULTANTS COORDINATED COMMUNICATIONS. HOSTED MANY MEETINGS, PROVIDED INFORMATION TO THE THE NEW MEXICO LEGISLATURE TO DRAFT AND SECURE PASSAGE OF THE TRADE PORTS DEVELOPMENT AND SITE DEVELOPMENT ACTS, ACCOMPANIED OUTSIDE EXPERT CONSULTANTS ON SITE VISITS TO INDUSTRIAL PARTNER AND BEST PRACTICE SITES (INCLUDING BNSF RAILWAY HEADQUARTERS IN FORT WORTH, TX; 3 MAJOR PORTS; AND 7 TOP PROVING GROUND FACILITIES), AND TRACKED PROGRESS ONEACH OF THE INITIATIVES. THESE EFFORTS WERE FUNDED BY THREE PLANNING AND DESIGN GRANTS FROM THE NEW MEXICO DEPARTMENT OF TRANSPORTATION(NM DOT). THE GGEDC ALSO PROVIDED TECHNICAL ASSISTANCE TO THE CITY OF GALLUP (ALSO PURSUANT TO AN NMDOT GRANT) TO SECURE EXPERT ASSISTANCE IN OBTAINING FROM US CUSTOMS A FOREIGN TRADE ZONE AND USER-FEE AIRPORT DESIGNATION FOR THE GALLUP MUNICIPAL AIRPORT AN INITIATIVE LIKEWISE INTERRELATED WITH THE INLAND PORT COMPLEX DESIGN. THIS CERTIFICATION PROCESS IS RUN IN PARALLEL WITH PLANS FOR REHABILITATION OF THE AIRPORT TERMINAL FACILITY. HIGHLIGHTS OF THE ORGANIZATIONS BAR WORK INCLUDED TWO ECONOMIC ROUNDTABLE CONFERENCES, EACH HOSTING OVER 50 PARTICIPANTS, FOCUSED ON THE TRADEPORT INITIATIVES: ONE WAS HELD IN GALLUP IN OCTOBER 2024; AND THE SECOND ONE WAS HELD IN SANTA FE IN FEBRUARY 2025. ADDITIONALLY, THE GGEDC ASSISTED MCKINLEY COUNTY IN PROVIDING A PUBLIC PRESNTATION ON THE TRADEPORT AS PART OF ECONOMIC DEVELOPMENT WEEK ACTIVITIES IN MAY 2025. THE GGEDC'S INDUSTRIAL RECRUITMENT EFFORTS INCLUDED (A) ACTIVE PROCESSING OF "PROSPECTIVE RECRUITMENT OPPORTUNITIES" (PRO) FORMS TO VET POTENTIAL FIT FOR COMPANIES; (B) CLOSE COMMUNICATION WITH AND TECHNICAL ASSISTANCE TO A NUMBER OF COMPANIES CONSIDERING RELOCATING TO THE GREATER GALLUP AREA, RESULTING IN ONE COMPANY COMMITTING TO RELOCATE AND SEVERAL COMPANIES SUSTAINING INTEREST; AND (C) ATTENDANCE AND NETWORKING WITH INDUSTRY LEADERS AT SEVERAL NATIONAL CONFERENCES AND TRADE SHOWS, INCLUDING THE TRANSATLANTIC BUSINESS INVESTMENT COUNCIL (TBIC), JOURNAL OF COMMERCE (JOC) INLAND DISTRIBUTION CONFERENCE, THE INTERNATIONAL MANUFACTURING TECHNOLOGY SHOW (IMTS), THE SELECT USA INVESTMENT SUMMIT IN MARYLAND, THE 2024 WORLD HYDROGEN NORTH AMERICA CONFERENCE AND BREAKBULK TRADE SHOW IN HOUSTON, AND PROMAT 2025. (2) MARKETING: TO ENHANCE ITS PUBLIC AND MARKET PROFILE, THE GGEDC UPDATED ITS WEBSITE, CUSTOMER RELATIONS MANAGEMENT SYSTEM, AND PUBLIC RELATIONS MATERIALS, IN ADDITION TO HOSTING AN ANNUAL COMMUNITY RECEPTION ATTENDED BY OVER 50 INVITEES. MARKETING MATERIALS WERE PROVIDED AT MANY OF THE TRADE SHOWS ATTENDED BY GGEDC REPRESENTITIVES, IN COLLABORATION WITH THE NEW MEXICO PARTNERSHIP AND OTHER ECONOMIC DEVELOPMENT ORGANIZATIONS IN THE REGION. (3) BUSINESS RETENTION & EXPANSION (BRE): THE GGEDC CONTINUED AND REFINED ITS AWARD-WINNING BRE PROGRAM, INCLUDING SEMI-ANNUAL SURVEYS AND INTERVIEWS WITH KEY ECONOMIC-BASE EMPLOYERS AND RECOGNITION OF LOCAL EMPLOYERS FOR THEIR ECONOMIC CONTRIBUTIONS TO THE REGION. THE GGEDC ALSO CONTINUED ITS SUPPORT FOR EXPANSION OF THE MCKINLEY PAPER FACILITIES LOCATED IN EASTERN MCKINLEY COUNTY, ALONG WITH FURTHER PLANNING AND DEVELOPMENT OF THE PREWITT INDUSTRIAL COMPLEX ASSOCIATED WITH THE DECOMMISSIONED ESCALANTE GENERATING STATION. GGEDC'S BRE WORK INCLUDED MANAGEMENT OF A LEADS (LOCAL ECONOMIC ASSISTANCE & DELEVOPMENT SUPPORT) PROGRAM AND TECHNICAL ASSISTANCE IN UPDATING THE CITY OF GALLUP'S LOCAL ECONOMIC DEVELOPMENT ACT (LEDA) ORDINANCE. (1)BUSINESS ATTRACTION & RECRUITMENT (BAR): UNDER ITS BAR PROGRAM, THE GGEDC CONTINUED TO PERFORM UNDER A CONTRACT FROM MCKINLEY COUNTY TO OVER SEE AND COORDINATE THE WORK OF CONSULTANT TEAMS ON INTER-RELATED DEVELOPMENT PROJECTS, ENGAGED BY THE COUNTY TO PLAN AND DESIGN: (A) AN AUTOMOTIVE / AUTONOMOUS VEHICLES PROVING GROUND COMPLEX; (B) A HYDROGEN / MULTI-FUEL HUB; (C) A MULTI-FUNCTIONAL INLAND PORT FACILITY. GGEDC STAFF AND LOCAL CONSULTANTS COORDINATED COMMUNICATIONS. HOSTED MANY MEETINGS, PROVIDED INFORMATION TO THE THE NEW MEXICO LEGISLATURE TO DRAFT AND SECURE PASSAGE OF THE TRADE PORTS DEVELOPMENT AND SITE DEVELOPMENT ACTS, ACCOMPANIED OUTSIDE EXPERT CONSULTANTS ON SITE VISITS TO INDUSTRIAL PARTNER AND BEST PRACTICE SITES (INCLUDING BNSF RAILWAY HEADQUARTERS IN FORT WORTH, TX; 3 MAJOR PORTS; AND 7 TOP PROVING GROUND FACILITIES), AND TRACKED PROGRESS ONEACH OF THE INITIATIVES. THESE EFFORTS WERE FUNDED BY THREE PLANNING AND DESIGN GRANTS FROM THE NEW MEXICO DEPARTMENT OF TRANSPORTATION(NM DOT). THE GGEDC ALSO PROVIDED TECHNICAL ASSISTANCE TO THE CITY OF GALLUP (ALSO PURSUANT TO AN NMDOT GRANT) TO SECURE EXPERT ASSISTANCE IN OBTAINING FROM US CUSTOMS A FOREIGN TRADE ZONE AND USER-FEE AIRPORT DESIGNATION FOR THE GALLUP MUNICIPAL AIRPORT AN INITIATIVE LIKEWISE INTERRELATED WITH THE INLAND PORT COMPLEX DESIGN. THIS CERTIFICATION PROCESS IS RUN IN PARALLEL WITH PLANS FOR REHABILITATION OF THE AIRPORT TERMINAL FACILITY. HIGHLIGHTS OF THE ORGANIZATIONS BAR WORK INCLUDED TWO ECONOMIC ROUNDTABLE CONFERENCES, EACH HOSTING OVER 50 PARTICIPANTS, FOCUSED ON THE TRADEPORT INITIATIVES: ONE WAS HELD IN GALLUP IN OCTOBER 2024; AND THE SECOND ONE WAS HELD IN SANTA FE IN FEBRUARY 2025. ADDITIONALLY, THE GGEDC ASSISTED MCKINLEY COUNTY IN PROVIDING A PUBLIC PRESNTATION ON THE TRADEPORT AS PART OF ECONOMIC DEVELOPMENT WEEK ACTIVITIES IN MAY 2025. THE GGEDC'S INDUSTRIAL RECRUITMENT EFFORTS INCLUDED (A) ACTIVE PROCESSING OF "PROSPECTIVE RECRUITMENT OPPORTUNITIES" (PRO) FORMS TO VET POTENTIAL FIT FOR COMPANIES; (B) CLOSE COMMUNICATION WITH AND TECHNICAL ASSISTANCE TO A NUMBER OF COMPANIES CONSIDERING RELOCATING

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2013.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.