Overview
What is Western New Mexico University Found?
Western New Mexico University Found is a nonprofit organization based in Silver City, New Mexico. Their primary mission is to generate funds for scholarships, awards, and grants for Western New Mexico University students, faculty, and staff. They manage and maintain assets to benefit the university, with a focus on providing financial assistance to those connected to the institution.
Official website here: www.foundation.wnmu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Western New Mexico University Found has received a Three-Star rating from Charity Navigator, reflecting an overall score of 85%. This rating is primarily based on the organization's strong performance in accountability and finance, indicating a commitment to transparency and responsible financial management. The organization scored particularly high in several areas, including having a fully independent board and effective oversight of financial statements.
The strengths of the organization are evident in its governance structure, with 100% independent board members and a solid conflict of interest policy in place. The absence of material diversion of assets also contributes positively to its financial accountability. Furthermore, the organization demonstrates a responsible ratio of liabilities to assets, showcasing solid financial health.
However, there are some limitations noted in the evaluation, specifically regarding the missing whistleblower policy, which could enhance internal accountability. Additionally, while the program expense ratio is commendable, there is still room for improvement to attain a higher score in that area. Overall, the nonprofit shows a strong commitment to effective financial practices, but addressing the identified gaps could further enhance its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Western New Mexico University Found legitimate?
Western New Mexico University Found is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western New Mexico University Found 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: $49,989
For more financial information, click here
Official website here: www.foundation.wnmu.edu
What is the mission statement of Western New Mexico University Found?
Western New Mexico University Foundation is dedicated to managing assets that serve the best interests of the university. Its mission encompasses the creation, maintenance, and administration of scholarships, awards, and grants to benefit students, faculty, and staff of Western New Mexico University. Through these initiatives, the foundation aims to enhance the academic and professional experiences of the university community. By providing essential resources, it fosters a thriving educational environment and supports the ongoing success of Western New Mexico University.
Official website here: www.foundation.wnmu.edu
Who is the CEO of Western New Mexico University Found?
Linda Mcgee is the Executive Di of Western New Mexico University Found.
Official website here: www.foundation.wnmu.edu
What is the revenue of Western New Mexico University Found?
Western New Mexico University Found's revenue in 2023 was $13,759,836.
Official website here: www.foundation.wnmu.edu
Who are the executives of Western New Mexico University Found and what are their salaries?
There 34 volunteers at Western New Mexico University Found.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $130,388
- Other: $23,764
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.foundation.wnmu.edu
Where can I find the form 990 for Western New Mexico University Found?
Western New Mexico University Found's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foundation.wnmu.edu
Learn more at the official website: www.foundation.wnmu.edu
Mission Statement of Western New Mexico University Found
Western New Mexico University Foundation is dedicated to managing and preserving resources for the advantage of Western New Mexico University. This nonprofit organization plays a crucial role in securing scholarships, awards, and grants for the students, faculty, and staff of the university.
By creating, maintaining, and administering assets, Western New Mexico University Foundation supports the academic and research initiatives at the institution. The foundation's mission extends beyond financial aid, as it aims to sustain the overall growth and success of Western New Mexico University.
Through its various funding opportunities, Western New Mexico University Foundation empowers students to pursue their educational goals and enables faculty and staff to excel in their roles. By providing these essential resources, the foundation is instrumental in fostering a thriving academic community.
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Impact
October, 2024
Western New Mexico University Foundation significantly enhances educational opportunities and resources for students, faculty, and staff at Western New Mexico University. Through the creation, maintenance, and administration of assets, the foundation provides essential scholarships, awards, and grants that empower individuals to pursue their academic and professional goals. By supporting educational initiatives, the foundation plays a crucial role in fostering a vibrant academic community in Silver City, New Mexico. Its commitment to investing in the university's future directly contributes to the personal and professional growth of its members, ultimately strengthening the local and regional economy through an educated workforce.
This information is meant to be a general summary of Western New Mexico University Found. 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: $114,352
- Gross Receipts: $14,287,078
Assets and Liabilities:
- Total Assets: $27,523,263
- Total Liabilities: $962,744
- Net Assets: $26,560,519
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Organization Details
Founding Year
1982
Phone
0575538631Principal Officer
Linda Mcgee
Main Address
PO BOX 1158, SILVER CITY, NM, 88062
Website
www.foundation.wnmu.eduNTEE Category
Code: B43I - Education
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