Overview
What is The Humane Society Of El Paso Endowment?
The Humane Society of El Paso Endowment is a charitable organization dedicated to raising and managing funds to sustain the operational and capital needs of the Humane Society of El Paso indefinitely. By supporting and benefiting this animal welfare group, the endowment aims to help the society continue its vital mission in El Paso, Texas (79906). The endowment's primary purpose is to ensure the Humane Society of El Paso's long-term financial sustainability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Humane Society Of El Paso Endowment has received a two-star rating from Charity Navigator, indicating that while the organization excels in accountability and finance, there are significant areas that require improvement. With a score of 64%, the charity demonstrates a strong commitment to governance, as evidenced by its perfect scores for independent board members and material diversion of assets. This suggests a well-managed organization in terms of oversight and financial responsibility.
However, the program expense ratio is below expectations at 63.03%, which implies that a smaller portion of its expenses is directed towards its programs compared to the overall operational costs. This could indicate a need for better allocation of resources to enhance the impact of its initiatives. Continued efforts in this area might help to improve the overall effectiveness and service delivery of the organization.
Overall, while the Humane Society Of El Paso Endowment showcases commendable governance practices, addressing its program expenditure will be critical to elevating its performance and fulfilling its mission more effectively. Potential donors and stakeholders may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Humane Society Of El Paso Endowment legitimate?
The Humane Society Of El Paso Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Humane Society Of El Paso Endowment 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: $39,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Humane Society Of El Paso Endowment?
The Humane Society of El Paso Endowment is dedicated to supporting and benefiting the Humane Society of El Paso. Its primary mission is to raise and manage endowment funds in perpetuity to sustain the operating and capital requirements of the Humane Society of El Paso. This endowment aims to ensure the long-term financial stability of the organization, allowing it to continue its vital work in the animal welfare community. By managing these funds, the endowment provides a reliable source of income for the Humane Society of El Paso, enabling it to carry out its mission effectively.
Who is the CEO of The Humane Society Of El Paso Endowment?
Hector Montoya is the Trustee of The Humane Society Of El Paso Endowment.
What is the revenue of The Humane Society Of El Paso Endowment?
The Humane Society Of El Paso Endowment's revenue in 2022 was -$67,095.
Who are the executives of The Humane Society Of El Paso Endowment and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $39,740
- Related: $0
- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for The Humane Society Of El Paso Endowment?
The Humane Society Of El Paso Endowment's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Humane Society Of El Paso Endowment
The Humane Society of El Paso Endowment is a mission-driven organization dedicated to supporting and benefiting the Humane Society of El Paso in perpetuity. By raising and managing endowment funds, this entity aims to sustain the operating and capital requirements of the Humane Society of El Paso, ensuring its long-term success and effectiveness in caring for animals in need.
The Humane Society of El Paso Endowment serves as a vital partner to the Humane Society of El Paso, providing essential resources to help the organization thrive and continue its mission to protect and shelter animals. Through its fundraising and management efforts, the endowment ensures that the Humane Society of El Paso has the financial stability required to provide vital services to animals, offering them a second chance at life and a safe haven from harm.
By raising and managing endowment funds, The Humane Society of El Paso Endowment enables the Humane Society of El Paso to focus on its core mission of animal welfare, rather than worrying about its financial sustainability. This partnership allows the Humane Society of El Paso to continue its life-saving work, providing shelter, food, medical care, and adoption services to thousands of animals each year, ultimately improving the lives of countless animals and the communities they serve.
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Impact
October, 2024
The Humane Society of El Paso Endowment plays a crucial role in ensuring the long-term sustainability and effectiveness of animal welfare efforts in the region. By raising and managing endowment funds, it provides the necessary financial resources to support the operating and capital needs of the Humane Society of El Paso. This financial backing is vital for maintaining programs that directly benefit animals in need, enabling rescue efforts, providing care, and promoting adoption services. Furthermore, the endowment helps establish a stable foundation that can adapt to future challenges and opportunities in animal welfare, thereby making a lasting impact on the community and the well-being of its animals.
This information is meant to be a general summary of The Humane Society Of El Paso Endowment. 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: -$67,095
- Gross Receipts: $3,185,590
Assets and Liabilities:
- Total Assets: $4,670,236
- Total Liabilities: $0
- Net Assets: $4,670,236
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Organization Details
Founding Year
1997
Phone
(915) 546-4630Principal Officer
Hector Montoya
Main Address
4991 FRED WILSON AVE, EL PASO, TX, 79906
NTEE Category
Code: D112 - Animals
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