Overview
What is Help-New Mexico Inc?
Help-New Mexico Inc is a New Mexico-based nonprofit organization dedicated to improving the economic situations of underprivileged and low-income residents and farm workers in the state. Their mission encompasses facilitating educational and employment opportunities, as well as providing supportive and emergency services. They aim to empower individuals with sustainable social services, inspiring and motivating through effective community improvement programs. With a workforce of 251 employees, Help-New Mexico Inc's primary activities include work readiness programs, supportive services, and various initiatives to increase impact within their communities by 10% annually. Their ultimate goal is to help low-income New Mexicans attain higher wages and self-sufficiency.
Official website here: www.helpnm.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Help-New Mexico Inc has received a Three-Star rating from Charity Navigator, which reflects an Accountability & Finance score of 81%. This rating indicates that the organization maintains a strong focus on transparency and responsible financial management, successfully meeting the criteria set for accountability, with no material diversion of assets reported.
Strengths of Help-New Mexico Inc include a solid financial overview, marked by a high program expense ratio of 86.08%, demonstrating a commitment to directing funds toward its programs. Additionally, the organization has well-established policies in place, including a conflict of interest policy and a whistleblower policy, both of which contribute to its accountability measures.
Despite its strengths, the rating is based solely on the Accountability & Finance beacon, which may suggest limited insights into other areas such as Governance or Impact. While the organization performs well in financial accountability, potential donors may want to consider additional factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Help-New Mexico Inc legitimate?
Help-New Mexico Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Help-New Mexico 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: $7,540,992
For more financial information, click here
Official website here: www.helpnm.com
What is the mission statement of Help-New Mexico Inc?
Help-New Mexico Inc is a non-profit organization dedicated to uplifting underprivileged and low-income residents and farm workers in New Mexico. Their mission is to inspire and motivate through effective community improvement programs and innovative coaching, with a focus on education and employment opportunities. They facilitate work experience, job training, job placement, education, and supportive services for the unemployed, underemployed, youth, seniors, migrant and seasonal farmworkers, and homeless individuals and families. The organization's workforce development division contracts aim to help low-income New Mexicans achieve higher family-sustaining wages and self-sufficiency, contributing to the development of a skilled workforce within the state. These efforts directly correlate to Help-New Mexico Inc's mission of empowering positive action through sustainable social services.
Official website here: www.helpnm.com
Who is the CEO of Help-New Mexico Inc?
Cheri Lujan is the Chair of Help-New Mexico Inc. The CEO's salary of Help-New Mexico Inc is $0 and their total compensation is $0.
Official website here: www.helpnm.com
What is the revenue of Help-New Mexico Inc?
Help-New Mexico Inc's revenue in 2022 was $17,037,040.
Official website here: www.helpnm.com
Who are the executives of Help-New Mexico Inc and what are their salaries?
The average compensation at Help-New Mexico Inc during 2022 was $30,044. There are 251 employees and 120 volunteers at Help-New Mexico Inc.
Here are 17 key members and their salaries (Help-New Mexico Inc's CEO's salary is $0 and their total compensation is $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
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $121,836
- Related: $0
- Other: $8,914
- Compensation: $122,423
- Related: $0
- Other: $2,577
- Compensation: $118,000
- Related: $0
- Other: $2,116
- Compensation: $111,107
- Related: $0
- Other: $1,130
- Compensation: $106,752
- Related: $0
- Other: $2,096
Official website here: www.helpnm.com
Where can I find the form 990 for Help-New Mexico Inc?
Help-New Mexico Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.helpnm.com
Learn more at the official website: www.helpnm.com
Mission Statement of Help-New Mexico Inc
Help-New Mexico Inc, a dedicated nonprofit organization, strives to uplift underprivileged and low-income residents, as well as farm workers in New Mexico, by creating educational and employment opportunities and providing supportive and emergency services. The mission of Help-New Mexico Inc is geared towards inspiring and motivating communities through effective social programs and innovative coaching.
The Office of Economic Empowerment (OEE) of Help-New Mexico Inc plays a crucial role in this mission. Their workforce development division offers various contracts that provide work experience, job training, job placement, education, and supportive services to the unemployed and underemployed individuals, youth, seniors, migrant and seasonal farmworkers, and homeless individuals and families in New Mexico. Through these programs, Help-New Mexico Inc aims to help low-income New Mexicans achieve higher family sustaining wages and learn self-sufficiency pathways, thereby contributing to the development of a trained and skilled workforce within the state.
These efforts of Help-New Mexico Inc are in line with its mission of empowering positive action through sustainable social services. The organization's goal is to increase its impact within New Mexico's communities by 10% annually. By focusing on education, employment, and supportive services, Help-New Mexico Inc is committed to creating a meaningful difference in the lives of those it serves.
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
October, 2024
Help-New Mexico Inc has a significant and transformative impact on underprivileged communities across the state. By facilitating educational and employment opportunities, the organization empowers individuals and families, particularly low-income residents, migrant and seasonal farmworkers, seniors, and homeless individuals. Their comprehensive approach focuses on workforce development, offering work experience, job training, job placement, and various supportive and emergency services.
The Office of Economic Empowerment (OEE) plays a pivotal role in this mission by providing resources that aid in the acquisition of personal assets and skills necessary for achieving sustainable employment. Help-New Mexico Inc’s workforce readiness programs are designed to enhance the employability of participants, guiding them toward self-sufficiency and higher family-sustaining wages.
Through its efforts, the organization is not only addressing immediate economic needs but is also fostering long-term community growth by creating a more trained and skilled workforce. With a goal of increasing its impact by 10% annually, Help-New Mexico Inc is dedicated to inspiring positive change and improving the overall quality of life for families throughout the region. Their innovative coaching and community improvement programs serve as vital tools in educating and empowering individuals, ultimately leading to stronger and more resilient communities.
This information is meant to be a general summary of Help-New Mexico 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: $40,750
- Program Service Revenue: $12,078,858
- Gross Receipts: $17,037,040
Assets and Liabilities:
- Total Assets: $7,036,500
- Total Liabilities: $3,778,286
- Net Assets: $3,258,214
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$11,961,144
OTHER PROGRAM REVENUE
Revenue
$117,714
Organization Details
Founding Year
1965
Phone
(505) 265-3717Principal Officer
Cheri Lujan
Main Address
5101 COPPER NE, ALBUQUERQUE, NM, 87108
Website
www.helpnm.comNTEE Category
Code: P20 - Human services
If you are a representative of Help-New Mexico Inc 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.