Overview
What is Supportive Housing Coalition Of New Mexico?
The Supportive Housing Coalition of New Mexico is a nonprofit organization situated in Albuquerque, New Mexico. Their primary mission revolves around offering low-income and supportive housing solutions through apartment rentals and tenant-based rental assistance. The coalition manages five apartment communities across New Mexico, with six of these properties being their own, housing a total of 215 residential units. Their activities are geared towards providing affordable and supportive housing solutions, enriching the lives of their residents. The organization employs a team of 38 individuals to carry out its mission.
Official website here: www.shcnm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
The Supportive Housing Coalition of New Mexico has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance, with a score of 85%. The organization demonstrates significant strengths, such as an entirely independent board of directors and a high program expense ratio of 94.63%, which suggests that a large portion of their funds goes directly to their programs. Their policies regarding conflict of interest and whistleblower protections are also well-documented, showcasing their commitment to transparency and governance.
However, user feedback highlights serious concerns regarding the organization's operational effectiveness, particularly in the management of housing complexes. A review from a client served noted experiences of personal safety issues, inadequate responses from management, and facility conditions that included pest infestations and safety hazards. These negative experiences call into question the Coalition's ability to adequately serve vulnerable populations, which is a critical aspect of their mission.
While the financial health and governance of the Supportive Housing Coalition appear strong based on available metrics, the negative reviews underscore the need for improvements in service delivery and resident safety. Addressing these operational concerns could enhance their reputation and effectiveness in supporting the communities they serve.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Supportive Housing Coalition Of New Mexico legitimate?
Supportive Housing Coalition Of New Mexico is a legitimate nonprofit organization registered as a 501(c)(3) entity. Supportive Housing Coalition Of New Mexico 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: $92,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $703,271
For more financial information, click here
Official website here: www.shcnm.org
What is the mission statement of Supportive Housing Coalition Of New Mexico?
The Supportive Housing Coalition of New Mexico's primary mission revolves around providing affordable and supportive housing to individuals with low income. They accomplish this through apartment rentals and tenant-based rental assistance. This organization's activities are geared towards enhancing the living conditions of its residents, managing five different apartment communities across New Mexico, six of which are owned by the coalition itself, totaling 215 residential units.
Official website here: www.shcnm.org
Who is the CEO of Supportive Housing Coalition Of New Mexico?
Laura Chavez is the Ceo of Supportive Housing Coalition Of New Mexico. The CEO's salary of Supportive Housing Coalition Of New Mexico is $86,923 and their total compensation is $92,689.
Official website here: www.shcnm.org
What is the revenue of Supportive Housing Coalition Of New Mexico?
Supportive Housing Coalition Of New Mexico's revenue in 2022 was $4,024,102.
Official website here: www.shcnm.org
Who are the executives of Supportive Housing Coalition Of New Mexico and what are their salaries?
The average compensation at Supportive Housing Coalition Of New Mexico during 2022 was $20,946. There are 38 employees at Supportive Housing Coalition Of New Mexico.
Here are 8 key members and their salaries (Supportive Housing Coalition Of New Mexico's CEO's salary is $86,923 and their total compensation is $92,689):
- Compensation: $86,923
- Related: $0
- Other: $5,766
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.shcnm.org
Where can I find the form 990 for Supportive Housing Coalition Of New Mexico?
Supportive Housing Coalition Of New Mexico's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shcnm.org
Learn more at the official website: www.shcnm.org
Mission Statement of Supportive Housing Coalition Of New Mexico
The Supportive Housing Coalition of New Mexico is committed to providing affordable and supportive housing solutions for individuals with low income. Through their primary activities, they achieve this goal by offering apartment rentals and tenant-based rental assistance. This nonprofit organization manages several apartment communities across New Mexico, with six of these properties being owned by them, housing a total of 215 residential units. By offering this type of housing, the Supportive Housing Coalition of New Mexico aims to provide a stable living environment for those in need, thereby contributing to their overall well-being and quality of life.
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Impact
July, 2024
Supportive Housing Coalition Of New Mexico's impact can be seen through its provision of low-income and supportive housing through apartment rentals and tenant-based rental assistance. The organization manages five different apartment communities in New Mexico, including six that are owned by the coalition, totaling 215 residential units. Their work directly benefits individuals and families in need of affordable housing, contributing to the community's well-being and promoting stability among vulnerable populations.
This information is meant to be a general summary of Supportive Housing Coalition Of New Mexico. 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: $19
- Program Service Revenue: $714,589
- Gross Receipts: $4,024,102
Assets and Liabilities:
- Total Assets: $17,316,400
- Total Liabilities: $1,926,444
- Net Assets: $15,389,956
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT INCOME
Revenue
$544,324
PROGRAM INCOME
Revenue
$170,265
Organization Details
Founding Year
1996
Phone
(505) 255-3643Principal Officer
Laura Chavez
Main Address
PO BOX 27459, ALBUQUERQUE, NM, 87125
Website
www.shcnm.orgNTEE Category
Code: P20 - Human services
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