Overview
What is Central New Mexico Community College Foundation Inc?
Central New Mexico Community College Foundation Inc is a charitable organization located in Albuquerque, New Mexico. Their primary objective is to support Central New Mexico Community College (CNM) and its students by providing additional financial assistance. The foundation believes that no student should be deprived of an education due to financial constraints. They achieve this by offering scholarships, covering tuition, fees, textbooks, and basic living expenses. The foundation's mission aligns with CNM's goal of offering quality educational opportunities and fostering community partnerships, aiming to achieve a level of excellence that merits both local and national recognition.
Official website here: www.cnm.edu/depts/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Central New Mexico Community College Foundation Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, this rating signifies a well-managed organization that prioritizes transparency and financial health, which is particularly important for donor trust and engagement.
One of the organization’s notable strengths is its high percentage of independent board members, which stands at 86%. This appears to enhance its governance and decision-making processes. Furthermore, the foundation demonstrates a solid financial structure, with a program expense ratio of nearly 88%, indicating that a significant portion of its resources is directed toward its mission rather than administrative costs.
Despite its strong overall performance, the summary does not mention any particular limitations or challenges faced by the organization. The comprehensive score from Charity Navigator suggests a well-operated foundation that adheres to best practices in nonprofit governance and finance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Central New Mexico Community College Foundation Inc?
82% of 637 reviewers on Facebook recommend the Central New Mexico Community College Foundation Inc. Here is a summary of their reviews:
Many users appreciate the welcoming atmosphere and engaging environment provided by the college. One reviewer noted a positive experience during a field trip, highlighting the helpfulness of professors and the overall enjoyment of the activities. Familial ties to the college also seem to enhance the experience, with positive comments about staff interactions and events like job fairs.
Overall, the sentiment is largely favorable, with individuals expressing satisfaction with the community engagement and educational opportunities available at the foundation. The friendly environment and supportive faculty contribute to a positive perception among visitors and families.
This AI summary has been generated from reviews found on Facebook.
Is Central New Mexico Community College Foundation Inc legitimate?
Central New Mexico Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central New Mexico Community College Foundation 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:
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For more financial information, click here
Official website here: www.cnm.edu/depts/foundation
What is the mission statement of Central New Mexico Community College Foundation Inc?
The Central New Mexico Community College Foundation's mission is centered around ensuring that financial constraints do not hinder any student's opportunity to pursue education or vocational training at Central New Mexico Community College. The foundation works towards this goal by providing additional financial assistance to residents in its service area, enabling them to access high-quality educational opportunities. The foundation's activities include offering scholarships to support students, helping cover tuition, fees, textbooks, and basic living expenses to boost their chances of success. In summary, the Central New Mexico Community College Foundation is committed to bridging the financial gap for its students, thereby promoting education and community partnerships, and upholding the college's mission of excellence.
Official website here: www.cnm.edu/depts/foundation
Who is the CEO of Central New Mexico Community College Foundation Inc?
Olivia Padilla-Jackson is the President of Central New Mexico Community College Foundation Inc.
Official website here: www.cnm.edu/depts/foundation
What is the revenue of Central New Mexico Community College Foundation Inc?
Central New Mexico Community College Foundation Inc's revenue in 2022 was $2,093,764.
Official website here: www.cnm.edu/depts/foundation
Who are the executives of Central New Mexico Community College Foundation Inc and what are their salaries?
There 34 volunteers at Central New Mexico Community College Foundation Inc.
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Official website here: www.cnm.edu/depts/foundation
Where can I find the form 990 for Central New Mexico Community College Foundation Inc?
Central New Mexico Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cnm.edu/depts/foundation
Learn more at the official website: www.cnm.edu/depts/foundation
Mission Statement of Central New Mexico Community College Foundation Inc
Central New Mexico Community College Foundation Inc is dedicated to upholding the belief that no student attending Central New Mexico Community College should be deprived of an education or vocational training solely due to financial constraints. The foundation's mission is to bridge this financial gap, ensuring that residents in its service area can access the quality educational opportunities they deserve. The Central New Mexico Community College Foundation Inc plays a pivotal role in providing additional financial aid to students at the college, covering tuition, fees, textbooks, and essential living expenses to enhance their chances of success.
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Impact
July, 2024
Central New Mexico Community College Foundation Inc's impact lies in its commitment to ensuring that no Central New Mexico Community College student is denied the opportunity for education or vocational training due solely to a lack of financial resources. By providing scholarships to support students at CNM, the foundation assists individuals with tuition, fees, books, and basic life expenses to ensure their success. This support enables the residents of CNM's service area to obtain the quality educational opportunities they deserve, ultimately benefiting the community by promoting educational advancement and creating pathways to success for students.
This information is meant to be a general summary of Central New Mexico Community College Foundation 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: $824,763
- Gross Receipts: $5,626,304
Assets and Liabilities:
- Total Assets: $14,233,647
- Total Liabilities: $1,158,978
- Net Assets: $13,074,669
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Organization Details
Founding Year
1985
Phone
(505) 224-4685Principal Officer
Olivia Padilla-Jackson
Main Address
525 BUENA VISTA SE, ALBUQUERQUE, NM, 87106
Website
www.cnm.edu/depts/foundationNTEE Category
Code: B11 - Education
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