Overview
What is Challenge New Mexico?
Challenge New Mexico is a nonprofit organization situated in Santa Fe, New Mexico, with an address at 74 Caja del Rio Road. Its primary mission is to enhance the quality of life for individuals with disabilities through various therapeutic services. These services include physical, speech, occupational, and behavioral therapy, respite, day habilitation, recreation and arts, and personal care. Additionally, they offer supported and assisted living services. The organization's goal is to provide a comprehensive suite of programs and experiences that cater to the diverse needs of people with disabilities.
Official website here: www.challengenewmexico.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
Challenge New Mexico has received a Three-Star rating from Charity Navigator, indicating a solid performance in its accountability and finance practices. The organization scored 76% overall, which is based entirely on their Accountability & Finance criteria. This score reflects the charity’s commitment to maintaining a responsible financial structure, with a high program expense ratio of 94%, ensuring that a significant portion of their funds is directed towards their programs.
The organization demonstrates strong governance practices, with an entirely independent board that includes four members. Additionally, Challenge New Mexico reported no material diversion of assets, which showcases a transparent financial stewardship. However, the charity lacks several policies that are commonly regarded as best practices, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps may raise concerns for potential donors regarding the organization's internal controls and compliance.
Overall, while Challenge New Mexico excels in vital areas such as program spending and board independence, the absence of certain governance policies is a noted limitation. Prospective donors should weigh these factors when considering support for the organization, as sound fiscal management is critical to long-term sustainability and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Challenge New Mexico legitimate?
Challenge New Mexico is a legitimate nonprofit organization registered as a 501(c)(3) entity. Challenge New Mexico 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: $94,880
For more financial information, click here
Official website here: www.challengenewmexico.com
What is the mission statement of Challenge New Mexico?
Challenge New Mexico's mission is centered around enhancing the quality of life for individuals with disabilities. Through various therapeutic services such as physical, speech, occupational, and behavioral therapy, respite, day habilitation, recreation and arts, and personal care, as well as supported and assisted living services, they aim to provide enriching experiences for their clients. Their ultimate goal is to improve the overall well-being and living standards of individuals with disabilities.
Official website here: www.challengenewmexico.com
Who is the CEO of Challenge New Mexico?
Carlos Caceres is the Vice President of Challenge New Mexico.
Official website here: www.challengenewmexico.com
What is the revenue of Challenge New Mexico?
Challenge New Mexico's revenue in 2022 was $55,876.
Official website here: www.challengenewmexico.com
Who are the executives of Challenge New Mexico and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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Official website here: www.challengenewmexico.com
Where can I find the form 990 for Challenge New Mexico?
Challenge New Mexico's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.challengenewmexico.com
Learn more at the official website: www.challengenewmexico.com
Mission Statement of Challenge New Mexico
Challenge New Mexico, a nonprofit organization, is dedicated to enhancing the quality of life for individuals with disabilities. Through its mission, it offers a range of therapeutic services and experiences. These services encompass physical, speech, occupational, and behavioral therapy, respite care, day habilitation, recreation and arts programs, and personal care. Additionally, the organization provides supported and assisted living services, ensuring comprehensive care for adults and youth with disabilities. By offering these therapeutic services and experiences, Challenge New Mexico strives to improve the overall wellbeing and independence of individuals with disabilities.
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Impact
August, 2024
Challenge New Mexico's impact is significant in providing therapeutic services to adults and youth, including physical, speech, occupational, and behavioral therapy. They also offer respite care, day habilitation, recreation, arts programs, and personal care services. Additionally, the organization provides supported and assisted living services. By offering these comprehensive services, Challenge New Mexico is making a positive difference in the lives of individuals with disabilities by enhancing their quality of life and providing essential support.
This information is meant to be a general summary of Challenge New Mexico. 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: $17,024
- Program Service Revenue: $19,500
- Gross Receipts: $55,876
Assets and Liabilities:
- Total Assets: $701,062
- Total Liabilities: $2,451
- Net Assets: $698,611
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISABILITY SERVICES
Revenue
$15,000
RENTAL INCOME
Revenue
$4,500
Organization Details
Founding Year
1958
Phone
(505) 470-1815Principal Officer
Carlos Caceres
Main Address
74 CAJA DEL RIO RD, SANTA FE, NM, 87507
Website
www.challengenewmexico.comNTEE Category
Code: P70 - Human services
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