Overview
What is Northwest New Mexico Association?
The Northwest New Mexico Association is a nonprofit organization, whose primary mission is to promote responsible pawn shop practices. They collect funds from their members with the intention of channeling these funds towards charitable causes. As per their 501c6 exemption status, they may also distribute funds to other eligible organizations. Their activities are centered around promoting best pawn shop practices and contributing to charitable initiatives.
Is Northwest New Mexico Association legitimate?
Northwest New Mexico Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Northwest New Mexico Association submitted a form 990EZ, 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.
What is the mission statement of Northwest New Mexico Association?
The Northwest New Mexico Association's mission is centered around promoting excellent pawn shop practices. If necessary, they are also responsible for distributing funds to organizations that meet the criteria of being exempt under section 501c6. The association raises funds from its members to accomplish their charitable objectives.
Who is the CEO of Northwest New Mexico Association?
Robert Alvaro is the President of Northwest New Mexico Association.
What is the revenue of Northwest New Mexico Association?
Northwest New Mexico Association's revenue in 2021 was $0.
Who are the executives of Northwest New Mexico Association and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Northwest New Mexico Association?
Northwest New Mexico Association's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Northwest New Mexico Association
The Northwest New Mexico Association, as per its mission, focuses on promoting optimal pawn shop practices. This organization has the responsibility to distribute funds to non-profit entities exempt under section 501c6, should the need arise. The Association collects funds from its members for charitable purposes, demonstrating its commitment to contributing positively to the community.
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Impact
October, 2024
The Northwest New Mexico Association significantly impacts the local community by promoting best practices in the pawn industry and ensuring compliance with ethical standards. By raising funds from its members, the organization supports various charitable purposes and makes essential contributions to entities that qualify under section 501c6. This focus fosters a more responsible and transparent marketplace, benefitting both pawnbrokers and their customers.
Additionally, the association plays a crucial role in enhancing community improvement initiatives in Gallup, NM. Its efforts create a more supportive environment for local businesses and contribute to economic growth, providing valuable resources and support to various organizations. Through these activities, the Northwest New Mexico Association helps build a stronger, more engaged community.
This information is meant to be a general summary of Northwest New Mexico Association. 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 2021.
Assets and Liabilities:
- Total Assets: $16,385
- Total Liabilities: $0
- Net Assets: $16,385
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Organization Details
Phone
(505) 863-5249Principal Officer
Robert Alvaro
Main Address
1710 S SECOND ST, GALLUP, NM, 87301
NTEE Category
Code: S80 - Community improvement
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