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New Mexico Business Coalition

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271500780 ✦ Albuquerque, NM ✦ Designated as a 501(c)(4)

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Overview

What is New Mexico Business Coalition?

The New Mexico Business Coalition (NMBC) is a nonpartisan organization situated in Albuquerque, New Mexico. With a focus on education, NMBC serves New Mexicans by delivering concise information on local, statewide, and national issues, candidates, legislation, and regulatory policies. They engage with the community through various platforms, such as printed media, radio ads, speaking engagements, social media, informative events, emails, and their website. Their mission is to establish and sustain a pro-business environment that enables small businesses to thrive, create jobs, and contribute to New Mexico's economic growth. They have a modest workforce of 5 employees.


Official website here: www.nmbizcoalition.org

Is New Mexico Business Coalition legitimate?

New Mexico Business Coalition is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Mexico Business Coalition submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,932

For more financial information, click here


Official website here: www.nmbizcoalition.org

What is the mission statement of New Mexico Business Coalition?

The New Mexico Business Coalition's mission is centered around promoting and fostering a conducive business environment that enables small businesses to thrive, create job opportunities, and contribute to the economic growth of New Mexico. As a nonpartisan organization, the Coalition provides New Mexicans with accessible information on local, statewide, and national issues, candidates, legislation, and regulatory policies. They engage in educational endeavors, communicating through various channels such as print media, radio ads, speaking engagements, social media, informative events, emails, and their website. Their efforts are geared towards empowering New Mexico voters with the necessary knowledge to make informed decisions.


Official website here: www.nmbizcoalition.org

Who is the CEO of New Mexico Business Coalition?

Carla Sonntag is the Director of New Mexico Business Coalition.


Official website here: www.nmbizcoalition.org

What is the revenue of New Mexico Business Coalition?

New Mexico Business Coalition's revenue in 2022 was $617,018.


Official website here: www.nmbizcoalition.org

Who are the executives of New Mexico Business Coalition and what are their salaries?

The average compensation at New Mexico Business Coalition during 2022 was $34,986. There are 5 employees and 100 volunteers at New Mexico Business Coalition.


Here are 5 key members and their salaries:


Clay Azar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Archaga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Berry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Jernigan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Sonntag (President &)
  • Compensation: $125,000
  • Related: $0
  • Other: $0


Official website here: www.nmbizcoalition.org

Where can I find the form 990 for New Mexico Business Coalition?

New Mexico Business Coalition's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nmbizcoalition.org

Learn more at the official website: www.nmbizcoalition.org

Mission Statement of New Mexico Business Coalition

The New Mexico Business Coalition, as a nonpartisan organization, is committed to fostering a pro-business environment that allows small businesses to thrive, create employment opportunities, and contribute to the economic growth of New Mexico. By focusing on education, this coalition provides New Mexicans with insightful information about crucial local, statewide, and national issues, candidates, legislation, and regulatory policies. To disseminate this knowledge, the New Mexico Business Coalition employs various methods, including printed materials, radio ads, speaking engagements, social media, informative events, emails, and its official website.

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Impact




October, 2024

The New Mexico Business Coalition (NMBC) plays a crucial role in shaping a sustainable and thriving economic landscape for small businesses in New Mexico. By promoting a pro-business environment, NMBC empowers local enterprises to flourish, create jobs, and contribute to the state's economic growth.

Through a commitment to education, the coalition disseminates vital information regarding local, statewide, and national issues that impact businesses and the economy. This includes providing insights on candidates, legislation, and regulatory policies that affect the business climate.

NMBC employs a variety of communication methods—such as printed materials, radio advertisements, and social media—to engage with voters and the community. Their informative events and resources offer small business owners the knowledge they need to navigate the complexities of operating in New Mexico's economic environment.

Overall, NMBC’s efforts significantly enhance community improvement by equipping individuals and businesses with the necessary tools to succeed and actively participate in the state’s economic development.




This information is meant to be a general summary of New Mexico Business Coalition. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$617,018 (2022)
Expenses
$491,991 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $369
  • Program Service Revenue: $141,370
  • Gross Receipts: $618,906

Assets and Liabilities:

  • Total Assets: $755,937
  • Total Liabilities: $0
  • Net Assets: $755,937

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SHARED EXPENSES

Revenue

$141,370

Organization Details

Founding Year

2014

Principal Officer

Carla Sonntag

Main Address

PO BOX 95735, ALBUQUERQUE, NM, 87199

NTEE Category

Code: S41 - Community improvement

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