Overview
What is New Mexico Senior Olympics Inc?
New Mexico Senior Olympics Inc is a dedicated nonprofit organization situated in Roswell, New Mexico. Their primary mission revolves around promoting healthy lifestyles for seniors aged 50 and above. They achieve this by organizing local Senior Olympic games, offering educational resources, and conducting fitness events. The organization aims to enhance the quality of life for local senior adults by supporting and enhancing the value of local Senior Olympic games through their programs. Additionally, they engage seniors in various health exhibits, health fairs, and workshops across the state, encouraging active participation and wellness.
Official website here: www.nmseniorolympics.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
New Mexico Senior Olympics Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance with a score of 88%. This rating is derived entirely from the organization’s financial practices and governance, which demonstrate transparency and responsible management. The charity’s fiscal year 2022 performance highlights its effective resource allocation and sound financial oversight.
The organization showcases a fully independent board, with 100% of its members meeting this criterion, which is vital for maintaining impartiality in decision-making. Additionally, it has excelled in areas like program expense ratio, dedicating 92.33% of its resources directly to its programs. This indicates a strong focus on fulfilling its mission and serving the community effectively.
However, there are a few areas for improvement, notably the absence of a whistleblower policy, which is essential for promoting ethical practices and protecting staff and volunteers. Despite this limitation, the overall financial strength and governance structure of New Mexico Senior Olympics Inc position it as a reliable nonprofit committed to supporting senior athletes in New Mexico.
This AI summary has been generated from information found on Charity Navigator.
Is New Mexico Senior Olympics Inc legitimate?
New Mexico Senior Olympics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Senior Olympics 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: $315,452
For more financial information, click here
Official website here: www.nmseniorolympics.org
What is the mission statement of New Mexico Senior Olympics Inc?
New Mexico Senior Olympics Inc's mission is centered around promoting healthy lifestyles for seniors aged 50 and above. They achieve this through a combination of education, fitness, and sporting events. By supporting local Senior Olympic games, the organization aims to enhance the value and quality of life for senior adults in their community. They assist in organizing these games, providing seniors with opportunities to participate and reap the benefits. Additionally, New Mexico Senior Olympics Inc hosts health exhibits, health fairs, and fitness workshops across the state, encouraging seniors to prioritize their health and well-being.
Official website here: www.nmseniorolympics.org
Who is the CEO of New Mexico Senior Olympics Inc?
Vernon Dyer is the Director of New Mexico Senior Olympics Inc.
Official website here: www.nmseniorolympics.org
What is the revenue of New Mexico Senior Olympics Inc?
New Mexico Senior Olympics Inc's revenue in 2022 was $982,890.
Official website here: www.nmseniorolympics.org
Who are the executives of New Mexico Senior Olympics Inc and what are their salaries?
The average compensation at New Mexico Senior Olympics Inc during 2022 was $22,532. There are 14 employees and 250 volunteers at New Mexico Senior Olympics Inc.
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Official website here: www.nmseniorolympics.org
Where can I find the form 990 for New Mexico Senior Olympics Inc?
New Mexico Senior Olympics Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nmseniorolympics.org
Learn more at the official website: www.nmseniorolympics.org
Mission Statement of New Mexico Senior Olympics Inc
New Mexico Senior Olympics Inc is committed to enhancing the lives of seniors aged 50 and above by advocating for healthy lifestyles. They accomplish this mission through a combination of educational programs, fitness activities, and sporting events. By assisting local games, New Mexico Senior Olympics Inc aims to elevate the value and quality of experiences for senior adults participating in these events. The organization's efforts are not limited to competitions, as they also encourage seniors to attend health exhibits, fairs, and workshops, fostering overall well-being and promoting a proactive approach to health and fitness.
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Impact
July, 2024
New Mexico Senior Olympics Inc impacts the lives of seniors aged 50 years and older by promoting healthy lifestyles through education, fitness, and sporting events. By organizing Senior Olympic Games at various sites around the state, the organization provides opportunities for seniors to engage in physical activities and competitions. Additionally, through health exhibits, health fairs, fitness workshops, and group exercise classes, seniors have access to resources that support their overall well-being. By fostering a community that values active living and wellness, New Mexico Senior Olympics Inc helps seniors maintain and improve their quality of life.
This information is meant to be a general summary of New Mexico Senior Olympics 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.
- Program Service Revenue: $101,415
- Gross Receipts: $982,890
Assets and Liabilities:
- Total Assets: $480,153
- Total Liabilities: $33,495
- Net Assets: $446,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$84,892
Organization Details
Founding Year
1979
Phone
(888) 623-6676Principal Officer
Vernon Dyer
Main Address
PO BOX 2690, ROSWELL, NM, 882022690
Website
www.nmseniorolympics.orgNTEE Category
Code: N72 - Recreation
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