New Mexico Karate Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850415080 ✦ Albuquerque, NM ✦ Designated as a 501(c)(7)

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Overview

What is New Mexico Karate Association Inc?

New Mexico Karate Association Inc is a nonprofit organization, whose specific activities or mission details are not provided in the given information. However, the description suggests that they might offer access to profiles related to karate or martial arts, implying a potential focus on promoting and supporting karate activities in New Mexico. Unfortunately, the information provided does not allow for a more comprehensive summary.


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Is New Mexico Karate Association Inc legitimate?

New Mexico Karate Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. New Mexico Karate Association Inc submitted a form 990EZ, 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.


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What is the mission statement of New Mexico Karate Association Inc?

The New Mexico Karate Association Inc does not appear to have a clearly stated mission described in the provided information. However, the organization seems focused on promoting karate activities, as indicated by the name "New Mexico Karate Association Inc." If additional information becomes available, a more detailed mission statement summary can be provided. Currently, the mission statement remains unavailable.


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Who is the CEO of New Mexico Karate Association Inc?

Unavailable


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What is the revenue of New Mexico Karate Association Inc?

New Mexico Karate Association Inc's revenue in 2022 was $75,687.


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Who are the executives of New Mexico Karate Association Inc and what are their salaries?


Here are 4 key members and their salaries:


Jeffrey Sollins (President, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Thiel (Treasurer, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Alberti (Secretary, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yasuaki Nagatomo (Chief Instructor)
  • Compensation: $5,000
  • Related: $0
  • Other: $0


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Where can I find the form 990EZ for New Mexico Karate Association Inc?

New Mexico Karate Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


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Mission Statement of New Mexico Karate Association Inc

New Mexico Karate Association Inc, as per the information provided, does not have a clearly stated mission or activity description. The data available only mentions a message encouraging users to create a free account to access more profiles. Therefore, it is not possible to summarize or paraphrase the mission of New Mexico Karate Association Inc based on the given information.

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Impact




October, 2024

The New Mexico Karate Association Inc plays a significant role in promoting martial arts as a form of physical activity and personal development in Albuquerque, NM. By providing structured karate training programs, it helps individuals of all ages enhance their physical fitness, discipline, and self-defense skills. The organization fosters a sense of community among participants, encouraging teamwork and mutual respect.

Additionally, its commitment to recreational activities contributes to the overall well-being of the community, offering a positive outlet for stress relief and social interaction. Through events, competitions, and workshops, the association also helps to raise awareness about martial arts, attracting new practitioners and inspiring personal growth. Overall, this organization significantly enriches local culture and supports healthy lifestyles.




This information is meant to be a general summary of New Mexico Karate Association 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.

Revenue
$75,687 (2022)
Expenses
$71,469 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2
  • Program Service Revenue: $15,376
  • Gross Receipts: $75,687

Assets and Liabilities:

  • Total Assets: $20,756
  • Total Liabilities: $58,000
  • Net Assets: -$37,244

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Organization Details

Main Address

6501 Eagle Rock Ave NE A-1, Albuquerque, NM, 87113

NTEE Category

Code: N60 - Recreation

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