New Mexico Nonprofit Compliance

Required annual filings

This guide covers the required filings to maintain a nonprofit corporation in New Mexico. If you are looking to form nonprofit in New Mexico, please visit our Start Your New Mexico Nonprofit guide. The steps below apply to nonprofits that are both incorporated and foreign qualified in New Mexico. Please note that this is a general list and may not be exhaustive or applicable to all nonprofits.

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1 File IRS Form 990
Agency:Internal Revenue Service (IRS)
Form:

IRS Form 990-N, 990-EZ, 990-PF or 990

Instructions:

See Form 990 Thresholds to determine which form to file.  Then see Current Form 990 Series for instructions.

Due:

By the 15th day of the 5th month following the end of the taxable year.  For most organizations, the tax year ends December 31 so the Form 990 is due May 15.

2 File New Mexico Corporate Tax Exemption Renewals

Not required



There is no renewal requirement for New Mexico corporate income tax exemption.

More information: New Mexico Taxation and Revenue Department
3 File New Mexico Sales Tax Exemption Renewals

Not required



New Mexico does not have a renewal requirement for sales tax exemption, but organization information most be kept up to date.

4 File New Mexico Annual Report
Agency:New Mexico Secretary of State - Corporations Bureau
Filing method:

Online

Agency fee:

$10

Due:

Annually by four months and fifteen days after the close or your fiscal year, usually May 15th. Confused? Look-up your corporate record and next report due date here.

Law:

53-8-83 NMSA 1978

Penalties:

$10 late fee.

Notes:
  • An officer must file.
5 Renew the Charitable Solicitation Registration

New Mexico Charitable Organization Registration

Agency:New Mexico Attorney General - Charities Unit
Law:

New Mexico Statutes Ann. § 57-22-1 et seq.

Automatic Exemption

Exemption Eligible Organizations:
  • Religious organizations
  • Educational institutions and organizations defined in Section 6-5A-1 NMSA 1978
  • Persons soliciting for an individual or group that has suffered a medical or other catastrophe

Initial Registration

Filing method:

Online at NM-COROS

Agency fee:

$0

Due:

Within 30 days of incorporation.

Notes:
  • Before filing online, it is helpful to collect the list of attachments that must be uploaded. The CFO (or author authorized officer) signs online. You will get immediate confirmation of receipt as you file online.
  • Some New Mexico counties and municipalities may require charities that solicit in-person to register prior to fundraising.

Registration Renewal

Filing method:

Online at NM-COROS

Agency fee:

$0

Due:

Due annually 6 months after the close of your fiscal year. So if your fiscal year ends December 31, renewal is due June 30.

Change of Fiscal Year

Agency fee:

$0

Turnaround:

1-2 business days

Notes:

Email Charity.Registrar@nmag.gov to update fiscal year.

6Maintain a New Mexico Registered Agent

Maintain a registered agent that has a street address in New Mexico. The registered agent is responsible for receiving legal documents such as service of process. Appointing a registered agent service is often preferable to listing an officer or director, as their information often changes. Consider using our registered agent service in Santa Fe , NM to maintain compliance with the state requirement.


Nonprofit Compliance Solutions

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Fundraising Compliance

Learn how to stay compliant with charitable solicitation laws.

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