Overview
What is New Mexico Highlands University Foundation Inc?
New Mexico Highlands University Foundation Inc, based in Las Vegas, New Mexico, is a dedicated nonprofit organization. Its primary role is to support the academic community of New Mexico Highlands University by offering scholarship awards and research grants to enrolled students. The foundation's mission extends beyond financial assistance, as it actively works towards the overall betterment of the university by managing and administering various resources. This commitment to students and the university as a whole is a testament to the foundation's unwavering support for academic growth and development.
Official website here: www.nmhufoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The New Mexico Highlands University Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the foundation demonstrates a robust commitment to financial transparency and effective governance, which is underscored by its 100% independent board members and a comprehensive set of policies including conflict of interest and whistleblower protection.
The organization excels in its financial management, as evidenced by a low liabilities to assets ratio of 16.05% and a high program expense ratio of 85.31%, indicating that a significant majority of their expenditures are directed towards their programs. This solid financial footing, combined with thorough oversight measures such as an audit and oversight committee, positions the foundation as a trustworthy steward of charitable funds.
Despite the positive ratings, there may not be detailed insights available regarding specific programs or initiatives undertaken by the foundation. However, the overall financial health and governance practices suggest that donors can be confident in their contributions supporting the foundation’s mission effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about New Mexico Highlands University Foundation Inc?
100% of reviewers on Facebook recommend the New Mexico Highlands University Foundation Inc. Here is a summary of their reviews:
Reviewers express deep appreciation for their educational experiences at New Mexico Highlands University. Many mention the impact the university has had on their lives, highlighting the quality of education and the supportive environment. One couple specifically noted their gratitude for the opportunity to receive their degrees from the institution, emphasizing a positive and fulfilling experience.
Overall, it’s clear that the foundation plays a significant role in helping students thrive and develop their potential, resulting in strong support from alumni and current students alike.
This AI summary has been generated from reviews found on Facebook.
Is New Mexico Highlands University Foundation Inc legitimate?
New Mexico Highlands University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Highlands University Foundation 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:
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Official website here: www.nmhufoundation.org
What is the mission statement of New Mexico Highlands University Foundation Inc?
The New Mexico Highlands University Foundation's mission is to support the students and the university as a whole. This is accomplished by acquiring, developing, and administering various financial and other resources. The foundation's primary goal is to provide assistance to benefit both the students and the university. They achieve this by granting scholarships and funding research for students attending New Mexico Highlands University.
Official website here: www.nmhufoundation.org
Who is the CEO of New Mexico Highlands University Foundation Inc?
Theresa Law is the President of New Mexico Highlands University Foundation Inc.
Official website here: www.nmhufoundation.org
What is the revenue of New Mexico Highlands University Foundation Inc?
New Mexico Highlands University Foundation Inc's revenue in 2022 was $1,758,292.
Official website here: www.nmhufoundation.org
Who are the executives of New Mexico Highlands University Foundation Inc and what are their salaries?
There 16 volunteers at New Mexico Highlands University Foundation Inc.
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Official website here: www.nmhufoundation.org
Where can I find the form 990 for New Mexico Highlands University Foundation Inc?
New Mexico Highlands University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nmhufoundation.org
Learn more at the official website: www.nmhufoundation.org
Mission Statement of New Mexico Highlands University Foundation Inc
New Mexico Highlands University Foundation Inc is dedicated to supporting the students and the university as a whole. Their mission is to acquire, develop, and administer financial and other resources for this purpose. By doing so, the foundation aims to provide benefits to the students and the university, enhancing their overall capacity and opportunities. The New Mexico Highlands University Foundation accomplishes this mission through the distribution of scholarship awards and research grants to students attending New Mexico Highlands University. These financial resources help students to pursue their academic goals and contribute to the university's research and educational growth. The foundation's role is instrumental in fostering a supportive environment for the university's students, enabling them to thrive academically and personally.
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Impact
July, 2024
New Mexico Highlands University Foundation Inc has a significant impact on students attending New Mexico Highlands University by providing scholarship awards and research grants. By supporting the university as a whole through the acquisition, development, and administration of financial and other resources, the foundation plays a crucial role in enhancing the educational opportunities and experiences of students. Ultimately, the foundation's efforts contribute to the advancement of education and research in the community.
This information is meant to be a general summary of New Mexico Highlands University Foundation 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: $268,877
- Program Service Revenue: $391,757
- Gross Receipts: $1,814,129
Assets and Liabilities:
- Total Assets: $20,264,132
- Total Liabilities: $3,591,970
- Net Assets: $16,672,162
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM LEASE INCOME
Revenue
$391,757
Organization Details
Founding Year
1984
Phone
(505) 454-3248Principal Officer
Theresa Law
Main Address
BOX 9000, LAS VEGAS, NM, 87701
Website
www.nmhufoundation.orgNTEE Category
Code: B114 - Education
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