Overview
What is Storehouse New Mexico?
Storehouse New Mexico, located in Albuquerque, New Mexico, serves as the state's largest food pantry, addressing hunger and food insecurity. Through their operations, they provide free meals to individuals in need, reaching beyond 1.2 million in 2022 alone. Their support comes from various sources, including donated food, financial contributions from individuals and organizations, and grants. The nonprofit's primary mission is to combat hunger in New Mexico, ensuring that people in need have access to nutritious food.
Official website here: www.thestorehouseabq.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Storehouse New Mexico has received a high rating due to its excellent performance in accountability and finance, with a perfect score in most areas of evaluation. The organization boasts a strong independent board, with 75% of its members being independent, and has achieved perfect scores in financial oversight, material diversion of assets, and the presence of key policies like conflict of interest and whistleblower protections.
The nonprofit demonstrates a strong commitment to financial health, as evidenced by a program expense ratio of 97.14%, indicating that the vast majority of its expenditures support its mission. Additionally, the fundraising efficiency is notably high, with costs being minimal relative to the funds raised. This strong financial performance reflects a well-managed organization, though no significant limitations or issues were noted in the available data.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Storehouse New Mexico?
100% of reviewers on Facebook recommend Storehouse New Mexico. Here is a summary of their reviews:
The organization is praised for its welcoming atmosphere and friendly staff, making the experience for users very positive. Many individuals appreciate the monthly food distribution, which provides essential support with a simple process that requires just an ID.
Overall, the sentiment towards Storehouse New Mexico is overwhelmingly favorable, with users highlighting the nonprofit's commitment to helping the community and the kindness of its personnel. People feel that they can rely on this organization for their food needs, reinforcing the nonprofit's reputation as a valuable resource.
This AI summary has been generated from reviews found on Facebook.
Is Storehouse New Mexico legitimate?
Storehouse New Mexico is a legitimate nonprofit organization registered as a 501(c)(3) entity. Storehouse New Mexico 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thestorehouseabq.org
What is the mission statement of Storehouse New Mexico?
Storehouse New Mexico, being the largest food pantry in New Mexico, is committed to combating hunger and food insecurity within the state. They achieve this by providing free food to individuals in need. In 2022 alone, they managed to distribute over 1.2 million meals. The organization's support comes from various sources, including donated food, financial contributions from individuals and organizations, and grants. Storehouse New Mexico's mission is essential in ensuring that people in New Mexico have access to nutritious meals, thereby improving their overall well-being.
Official website here: www.thestorehouseabq.org
Who is the CEO of Storehouse New Mexico?
Maria Otero is the Director of Storehouse New Mexico. The CEO's salary of Storehouse New Mexico is $0 and their total compensation is $121,722.
Official website here: www.thestorehouseabq.org
What is the revenue of Storehouse New Mexico?
Storehouse New Mexico's revenue in 2022 was $3,153,532.
Official website here: www.thestorehouseabq.org
Who are the executives of Storehouse New Mexico and what are their salaries?
There 7 volunteers at Storehouse New Mexico.
Here are 13 key members and their salaries (Storehouse New Mexico's CEO's salary is $0 and their total compensation is $121,722):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $116,816
- Other: $4,906
- Compensation: $0
- Related: $74,130
- Other: $8,276
- Compensation: $0
- Related: $187,811
- Other: $3,608
- Compensation: $0
- Related: $133,184
- Other: $3,272
Official website here: www.thestorehouseabq.org
Where can I find the form 990 for Storehouse New Mexico?
Storehouse New Mexico's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thestorehouseabq.org
Learn more at the official website: www.thestorehouseabq.org
Mission Statement of Storehouse New Mexico
Storehouse New Mexico, the largest food pantry in the state, is dedicated to combating hunger and food insecurity within New Mexico's borders. This nonprofit organization provides free food to individuals and families in need, striving to make a significant impact in the community. By offering a wide range of support, including donated food, financial contributions from individuals and organizations, and grants, Storehouse New Mexico managed to distribute over 1.2 million meals during 2022. The organization's mission is a vital force in ensuring that no one in New Mexico has to go hungry.
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Impact
October, 2024
Storehouse New Mexico significantly alleviates hunger and food insecurity in the state by providing free food to individuals and families in need. As the largest food pantry in New Mexico, it plays a crucial role in the community, especially evident through its impressive impact in 2022, during which it supplied over 1.2 million meals. The organization focuses on addressing the fundamental issue of hunger, ensuring that food is accessible to those who might otherwise go without. Its operations are sustained through a combination of donated food, financial contributions, and grants, highlighting a collaborative effort to combat hunger across the region. By meeting these critical needs, Storehouse New Mexico enhances the quality of life for many residents, fostering a healthier and more resilient community.
This information is meant to be a general summary of Storehouse New Mexico. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,084
- Program Service Revenue: $83,350
- Gross Receipts: $3,177,934
Assets and Liabilities:
- Total Assets: $2,151,738
- Total Liabilities: $507,566
- Net Assets: $1,644,172
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$83,350
Organization Details
Founding Year
2014
Phone
(505) 341-2000Principal Officer
Maria Otero
Main Address
PO BOX 94810, ALBUQUERQUE, NM, 871994810
Website
www.thestorehouseabq.orgNTEE Category
Code: K30 - Food
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