Overview
What is New Mexico Health Resources Inc?
New Mexico Health Resources Inc, headquartered in Albuquerque, New Mexico, is a dedicated nonprofit organization. Their primary mission involves advising the state on the healthcare personnel requirements of underserved communities in New Mexico. The organization plays a crucial role in assisting healthcare providers in recruiting, placing, and retaining qualified professionals, specifically doctors, nurse practitioners, physician assistants, dentists, and other professionals. Their aim is to bridge the healthcare gap in rural and underserved areas, ensuring that these communities have access to essential medical services. With a modest workforce of 4 individuals, New Mexico Health Resources Inc is committed to improving healthcare outcomes in underserved areas across the state.
Official website here: www.nmhr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 73%)
New Mexico Health Resources Inc has received a "Needs Improvement" rating from Charity Navigator, indicating that while the organization shows some strengths, there are significant areas requiring attention. The overall score of 73% reflects a solid performance in areas like accountability and finance, specifically with a high program expense ratio of nearly 94%, suggesting that a substantial portion of its budget is dedicated to its programs.
On the positive side, the organization boasts a fully independent board, which is crucial for effective governance. It has not experienced any material diversion of assets, demonstrating financial integrity. However, the organization falls short in transparency, as it does not provide financial statements or post its tax form on its website, which are critical for donor trust and accountability.
Additionally, the absence of key policies, such as a whistleblower policy and document retention guidelines, raises concerns about internal governance and operational practices. While the commitment to program expenses is commendable, the lack of transparency and governance policies indicates a need for improvement to enhance overall trust and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is New Mexico Health Resources Inc legitimate?
New Mexico Health Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Health Resources 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: $303,272
For more financial information, click here
Official website here: www.nmhr.org
What is the mission statement of New Mexico Health Resources Inc?
New Mexico Health Resources Inc's mission is to assist healthcare providers in recruiting, placing, and retaining qualified professionals in underserved communities across the state. This organization plays a crucial role in advising the state regarding the needs of healthcare personnel, with a particular focus on areas that are often overlooked. By successfully placing medical professionals such as doctors, nurse practitioners, and dentists in rural and underserved areas, New Mexico Health Resources Inc contributes to ensuring that these communities have access to essential healthcare services.
Official website here: www.nmhr.org
Who is the CEO of New Mexico Health Resources Inc?
Jerry Harrison is the Executive Di of New Mexico Health Resources Inc.
Official website here: www.nmhr.org
What is the revenue of New Mexico Health Resources Inc?
New Mexico Health Resources Inc's revenue in 2023 was $726,626.
Official website here: www.nmhr.org
Who are the executives of New Mexico Health Resources Inc and what are their salaries?
The average compensation at New Mexico Health Resources Inc during 2023 was $75,818. There are 4 employees at New Mexico Health Resources Inc.
Here are 18 key members and their salaries:
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Official website here: www.nmhr.org
Where can I find the form 990 for New Mexico Health Resources Inc?
New Mexico Health Resources Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nmhr.org
Learn more at the official website: www.nmhr.org
Mission Statement of New Mexico Health Resources Inc
New Mexico Health Resources Inc is committed to a mission that involves providing guidance to the state regarding the requirements for healthcare personnel in underserved communities across New Mexico. This organization's primary goal is to assist healthcare providers in recruiting, hiring, and retaining qualified professionals in these underserved areas, thereby ensuring that these communities receive adequate healthcare services. The organization has been successful in placing various healthcare professionals, including doctors, nurse practitioners, physician assistants, dentists, and other professionals, in rural and underserved areas, thereby improving healthcare accessibility in these regions.
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Impact
July, 2024
New Mexico Health Resources Inc has had a significant impact in addressing health personnel needs in underserved communities in New Mexico. By successfully placing doctors, nurse practitioners, physicians assistants, dentists, and other professionals in rural and underserved areas, the organization has helped improve access to healthcare services for residents who may have otherwise struggled to receive adequate medical care. Additionally, by advising the state on health personnel needs, particularly in underserved areas, New Mexico Health Resources Inc has played a vital role in supporting the overall health and well-being of communities in the state.
This information is meant to be a general summary of New Mexico Health Resources 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 2023.
- Investment Income: $1,863
- Program Service Revenue: $724,763
- Gross Receipts: $726,626
Assets and Liabilities:
- Total Assets: $634,487
- Total Liabilities: $150,014
- Net Assets: $484,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT SERVICES CONTRACT
Revenue
$518,500
CONFERENCE INCOME
Revenue
$144,115
GRANT INCOME
Revenue
$50,000
OTHER INCOME
Revenue
$12,148
Organization Details
Founding Year
1980
Principal Officer
Jerry Harrison
Main Address
300 SAN MATEO BLVD NE SUITE 905, ALBUQUERQUE, NM, 87108
Website
www.nmhr.orgNTEE Category
Code: E31 - Health
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