The Rio Grande Community Development Corporation (RGCDC) was initiated in 1986 by the Atrisco Land Rights Council and members of the community, to provide a vehicle for public and private resources to serve needs identified by residents and business owners of communities in the unincorporated South Valley of Bernalillo County.
The RGCDC became a New Mexico non-profit corporation on September 17th, 1986, and was designated as a 501(c)(3) tax exempt organization by the Internal Revenue Service in 1987. The organizing purpose became:
- To promote community-wide interest for economic, social and environmental issues faced in the South Valley.
- To expand opportunities to own, manage and operate businesses by developing entrepreneurial and management skills in addition to language and financial literacy.
- To conduct educational efforts to eliminate prejudice and discrimination that will foster sound relationships among South Valley business and the financial communities.
- To expand housing and social services, health and wellness programs and technical assistance, and to support other programs through gifts, contributions, loans and grants to further the primary purposes of RGCDC.