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NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION
NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION
NM · Education · EIN 850291313
8
Executives Disclosed
$17.6M
Annual Revenue
$243.4M
Total Assets
1.3:1
Internal Pay Ratio
NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION has 8 executives with disclosed compensation. The highest-paid executive, Michael Nemelka (PRESIDENT), received peak total compensation of $231,503. The sector average for Education executives is $192K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Michael Nemelka | PRESIDENT | $232K | $232K | 2017–2020 | 3.1x |
| Brad Allpass | PRESIDENT & CEO | $219K | $219K | 2017–2023 | 2.9x |
| Reginald Storment | GENERAL COUNSEL | $193K | $185K | 2017–2023 | 2.6x |
| Grace Tackman | VICE PRESIDENT ADMIN SERVICE | $170K | $170K | 2017–2023 | 2.3x |
| Lucas Covington | ASST VICE PRESIDENT INFO TE | $159K | $158K | 2017–2019 | 2.1x |
| Estevan Martinez | ASST VICE PRESIDENT INFO TE | $146K | $0 | 2020–2023 | 2x |
| Tracy Rowe | ASST VICE PRESIDENT OF FINAN | $128K | $0 | 2020–2023 | 1.7x |
| Lois Fort | DIRECTOR OF OPERATIONS | $122K | $0 | 2023–2023 | 1.6x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2017 | 5 | $189K | $226K | $566K |
| 2018 | 5 | $184K | $212K | $551K |
| 2019 | 5 | $180K | $216K | $718K |
| 2020 | 6 | $199K | $232K | $796K |
| 2023 | 6 | $192K | $219K | $575K |
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