Overview
What is Central New Mexico Housing Corp?
Central New Mexico Housing Corp is a dedicated nonprofit organization based in Albuquerque, New Mexico. Their primary mission is to assist low-income families in the state by making their homes more energy-efficient. They accomplish this by educating their clients on energy-saving measures and implementing various energy-saving improvements in their homes, thereby reducing their monthly energy usage, bills, and enhancing the overall energy efficiency of their homes. Through these efforts, Central New Mexico Housing Corp significantly reduces the excessive energy burden faced by low-income families, primarily the elderly, individuals with disabilities, and families with children. During the year, they served approximately 325 homes, demonstrating their commitment to improving the living standards of New Mexico's low-income families.
Official website here: www.http//www.centralnmhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Central New Mexico Housing Corp has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance management. The organization's score is solely based on its robust accountability practices, which are vital for ensuring donor trust and effective resource utilization.
The nonprofit exhibits a high level of governance, with an entirely independent board and comprehensive financial oversight measures. It has successfully implemented policies such as conflict of interest and whistleblower protections, which are crucial for maintaining transparency. Additionally, its program expenses indicate that a significant percentage of funds are directed towards its mission, highlighting effective operational efficiency.
While the rating showcases the organization's strengths, it is important to note that the evaluation focuses exclusively on financial accountability. Other aspects of performance and impact were not assessed in this rating, which could provide a more complete picture of the organization’s effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Central New Mexico Housing Corp legitimate?
Central New Mexico Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central New Mexico Housing Corp 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: $272,147
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,751,888
For more financial information, click here
Official website here: www.http//www.centralnmhousing.org
What is the mission statement of Central New Mexico Housing Corp?
Central New Mexico Housing Corporation's mission is centered around assisting low-income families in New Mexico. Their primary objective is to enhance the energy efficiency of these families' homes. They achieve this mission in two ways. Firstly, they educate their clients about energy-saving measures. Secondly, they perform various energy-saving modifications on the homes, which ultimately leads to a significant reduction in their monthly energy usage, bills, and creates a more energy-efficient living environment for their families.
Official website here: www.http//www.centralnmhousing.org
Who is the CEO of Central New Mexico Housing Corp?
Lucinda Hazzard is the Executive Di of Central New Mexico Housing Corp.
Official website here: www.http//www.centralnmhousing.org
What is the revenue of Central New Mexico Housing Corp?
Central New Mexico Housing Corp's revenue in 2023 was $6,784,442.
Official website here: www.http//www.centralnmhousing.org
Who are the executives of Central New Mexico Housing Corp and what are their salaries?
The average compensation at Central New Mexico Housing Corp during 2023 was $56,223. There are 36 employees at Central New Mexico Housing Corp.
Here are 6 key members and their salaries:
- 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: $157,039
- Related: $0
- Other: $0
- Compensation: $115,108
- Related: $0
- Other: $0
Official website here: www.http//www.centralnmhousing.org
Where can I find the form 990 for Central New Mexico Housing Corp?
Central New Mexico Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.http//www.centralnmhousing.org
Learn more at the official website: www.http//www.centralnmhousing.org
Mission Statement of Central New Mexico Housing Corp
Central New Mexico Housing Corp is committed to aiding low-income families in New Mexico in making their homes more energy efficient. They accomplish this mission in two ways. Firstly, they educate their clients on energy-saving measures, empowering them with the knowledge to reduce their energy consumption and lower their utility bills. Secondly, Central New Mexico Housing Corp takes action by implementing energy-saving measures directly on the homes of these families. This proactive approach results in more energy-efficient homes for the families, leading to lower monthly energy bills and a more sustainable living environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Central New Mexico Housing Corp's impact is significant in helping low-income families in New Mexico make their homes energy efficient. By focusing on weatherization, this organization reduces energy costs for those in need, particularly the elderly, persons with disabilities, and families with children. By serving approximately 325 homes in a year, Central New Mexico Housing Corp alleviates the burden of high energy costs on low-income Americans, ultimately improving their standard of living. Through education on energy-saving measures and implementing these measures in clients' homes, the organization effectively lowers monthly energy usage and bills, creating a more sustainable and comfortable environment for these families.
This information is meant to be a general summary of Central New Mexico Housing Corp. 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 2023.
- Gross Receipts: $6,784,442
Assets and Liabilities:
- Total Assets: $1,265,817
- Total Liabilities: $605,359
- Net Assets: $660,458
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Phone
(505) 345-4949Principal Officer
Lucinda Hazzard
Main Address
703 OSUNA ROAD NE - SUITE 2, ALBUQUERQUE, NM, 87113
NTEE Category
Code: L81 - Housing
If you are a representative of Central New Mexico Housing Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.