Overview
What is Cnm Ingenuity Inc?
Cnm Ingenuity Inc, a New Mexico-based nonprofit organization located at 525 Buena Vista Dr SE in Albuquerque, is dedicated to improving the public welfare and prosperity of individuals, as well as fostering economic development within both the private and public sectors of the New Mexico community. The mission of Cnm Ingenuity is accomplished by building connections between educational institutions, businesses, industries, and government, thereby promoting a vibrant and collaborative community. With a workforce of 256 employees, this organization is an integral part of New Mexico's development landscape.
Official website here: www.cnmingenuity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Cnm Ingenuity Inc has achieved a high score of 96% on Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a majority of independent board members and has scored full points in critical areas such as audit oversight, conflict of interest policies, and document retention. This level of transparency and governance indicates a commitment to ethical management.
The nonprofit demonstrates exceptional financial health, with a program expense ratio of 100%, meaning all expenses are directed towards its programs. Additionally, it maintains a low liabilities to assets ratio of 6.71%, suggesting responsible financial practices and stability.
While the data highlights numerous strengths, it is essential for potential supporters to consider the overall impact and effectiveness of the programs offered by Cnm Ingenuity Inc. The high ratings in governance and financial management are commendable, yet the broader implications of its initiatives should be explored for a comprehensive understanding of its contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Cnm Ingenuity Inc legitimate?
Cnm Ingenuity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cnm Ingenuity Inc 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: $2,722,373
For more financial information, click here
Official website here: www.cnmingenuity.org
What is the mission statement of Cnm Ingenuity Inc?
Cnm Ingenuity Inc is dedicated to enhancing the well-being and prosperity of individuals, as well as fostering economic growth within both the private and public sectors. They achieve this goal by establishing connections between educational institutions, businesses, industries, and governments. By bridging these gaps, Cnm Ingenuity Inc contributes to the betterment of communities, driving innovation and development for the greater good. Their efforts focus on improving public welfare and spurring economic progress through collaborative partnerships.
Official website here: www.cnmingenuity.org
Who is the CEO of Cnm Ingenuity Inc?
Olivia Padilla-Jackson is the President of Cnm Ingenuity Inc.
Official website here: www.cnmingenuity.org
What is the revenue of Cnm Ingenuity Inc?
Cnm Ingenuity Inc's revenue in 2022 was $15,257,328.
Official website here: www.cnmingenuity.org
Who are the executives of Cnm Ingenuity Inc and what are their salaries?
The average compensation at Cnm Ingenuity Inc during 2022 was $10,634. There are 256 employees at Cnm Ingenuity Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $180,418
- Other: $57,322
- Compensation: $0
- Related: $148,617
- Other: $34,174
- Compensation: $0
- Related: $275,696
- Other: $65,951
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cnmingenuity.org
Where can I find the form 990 for Cnm Ingenuity Inc?
Cnm Ingenuity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cnmingenuity.org
Learn more at the official website: www.cnmingenuity.org
Mission Statement of Cnm Ingenuity Inc
Cnm Ingenuity Inc, a mission-driven organization, strives to enhance the well-being and prosperity of individuals within the New Mexico community. By fostering connections between educational institutions, businesses, industries, and government sectors, Cnm Ingenuity Inc contributes significantly to the economic development of both the private and public domains.
In its pursuit of public welfare, Cnm Ingenuity Inc serves as a catalyst for collaboration and innovation. It forges bonds between these distinct entities, enabling them to pool resources, knowledge, and expertise to tackle challenges collectively. This synergy not only leads to the creation of new opportunities but also drives sustainable growth within the community.
Moreover, Cnm Ingenuity Inc's initiatives aim to bridge the gaps between various sectors. By facilitating open dialogue and information exchange, it encourages a culture of innovation and continuous improvement. This collaborative approach results in the development of solutions that address the unique needs of the New Mexico community, ultimately contributing to its social and economic progress.
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Impact
October, 2024
Cnm Ingenuity Inc plays a crucial role in promoting the public welfare and prosperity of individuals in New Mexico, significantly impacting the local community and economy. By fostering economic development, it strengthens both the private and public sectors, which facilitates job creation and enhances the standard of living for residents.
The organization actively forges connections between educational institutions, businesses, industries, and government entities, creating a collaborative ecosystem that drives innovation and opportunity. This synergy not only helps fill skill gaps in the workforce but also encourages business growth and investment in the area, ultimately leading to a more robust and sustainable economic landscape.
Through its initiatives, Cnm Ingenuity Inc contributes to a healthier economy by supporting the development of programs and resources that empower individuals, enhance educational outcomes, and promote entrepreneurship. Its commitment to the community not only enriches lives but also helps build a vibrant future for New Mexico.
This information is meant to be a general summary of Cnm Ingenuity Inc. 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: $881,384
- Program Service Revenue: $4,345,586
- Gross Receipts: $20,344,236
Assets and Liabilities:
- Total Assets: $30,371,419
- Total Liabilities: $2,445,201
- Net Assets: $27,926,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPEN ENROLLMENT WORKSHOPS
Revenue
$2,341,034
LICENSING
Revenue
$571,835
CONTRACT TRAINING
Revenue
$534,009
OTHER PROGRAM REVENUE
Revenue
$409,000
CONSULTING REVENUE
Revenue
$249,592
Organization Details
Founding Year
2014
Phone
(505) 224-4413Principal Officer
Olivia Padilla-Jackson
Main Address
525 BUENA VISTA DR SE, ALBUQUERQUE, NM, 87106
Website
www.cnmingenuity.orgNTEE Category
Code: T30 - Philanthropy
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