Overview
What is Golden Spread Rural Frontier Coalition?
The Golden Spread Rural Frontier Coalition is a New Mexico-based nonprofit organization, established to address human service needs within the realms of community and economic development, health, employment, and housing opportunities. With a focus on affordable housing for low and medium-income individuals, this organization provides essential planning, administrative services, and financial support to non-profit businesses and growth initiatives. The Coalition also operates under a board of directors, demonstrating its commitment to addressing and addressing pressing community concerns. Moreover, the Coalition offers home care services for the elderly and disabled through its Guardian Program, assisting 30 individuals annually. In addition, it operates a Transportation Program, providing over 16,000 rides for low-income, disabled, and elderly residents each year. Maximum word count: 118
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
The Golden Spread Rural Frontier Coalition has received a low rating due to its performance in the Accountability & Finance category, where it scored 52%. This score is primarily affected by the absence of independent board members, which raises concerns about governance and oversight. The organization has not provided financial statements, which further contributes to the limited transparency in its operations.
On a positive note, the Coalition demonstrates a solid commitment to program expenses, with 87.14% of its expenditures directed towards its programs. Additionally, it has shown no material diversion of assets, indicating that funds are used appropriately for their intended purposes. However, the lack of essential policies, such as conflict of interest and whistleblower protections, highlight significant areas needing improvement.
Overall, while the organization shows strengths in program expenditure and asset management, its governance practices and financial transparency need considerable enhancement. The absence of independent members on the board and missing policies can detract from its credibility and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Golden Spread Rural Frontier Coalition legitimate?
Golden Spread Rural Frontier Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Spread Rural Frontier Coalition 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: $669,715
For more financial information, click here
What is the mission statement of Golden Spread Rural Frontier Coalition?
The Golden Spread Rural Frontier Coalition was established with the purpose of offering planning, administrative services, and financing to support non-profit businesses and economic growth initiatives. These initiatives aim to address human service needs deemed appropriate by the board of directors, primarily focusing on community and economic development, health, employment, and housing opportunities. The coalition prioritizes providing decent housing that is affordable to low and medium-income individuals. The organization operates under the guidance of a board of directors.
Who is the CEO of Golden Spread Rural Frontier Coalition?
Ferdinand Garcia is the Chairman of Golden Spread Rural Frontier Coalition.
What is the revenue of Golden Spread Rural Frontier Coalition?
Golden Spread Rural Frontier Coalition's revenue in 2022 was $1,168,418.
Who are the executives of Golden Spread Rural Frontier Coalition and what are their salaries?
The average compensation at Golden Spread Rural Frontier Coalition during 2022 was $12,636. There are 53 employees at Golden Spread Rural Frontier Coalition.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Golden Spread Rural Frontier Coalition?
Golden Spread Rural Frontier Coalition's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Golden Spread Rural Frontier Coalition
The Golden Spread Rural Frontier Coalition, a non-profit organization incorporated under New Mexico's state laws, is committed to offering strategic planning, administrative services, and financing to bolster the growth of non-profit businesses. This organization focuses on economic development initiatives that can address various human service needs, particularly in the domains of community development, health, employment, and housing opportunities. The Coalition aims to provide affordable housing suitable for low and medium-income individuals. It operates under the guidance of a board of directors, allowing it to determine and respond to the appropriate human service needs in these sectors.
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Impact
July, 2024
Golden Spread Rural Frontier Coalition's impact can be seen in the essential services it provides to the community. Through programs like the Guardian Program, the organization offers crucial home care services to elderly and disabled individuals, ensuring their well-being and quality of life. Additionally, the Transportation Program plays a vital role in facilitating mobility for low-income, disabled, and elderly residents, providing thousands of rides each year. These initiatives not only address immediate needs but also contribute to the overall health, independence, and inclusivity of the community.
This information is meant to be a general summary of Golden Spread Rural Frontier Coalition. 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: $821
- Program Service Revenue: $955,577
- Gross Receipts: $1,168,418
Assets and Liabilities:
- Total Assets: $4,220,755
- Total Liabilities: $475,475
- Net Assets: $3,745,280
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND FARES
Revenue
$955,577
Organization Details
Founding Year
1998
Phone
(575) 374-6207Principal Officer
Ferdinand Garcia
Main Address
PO BOX 96, CLAYTON, NM, 88415
NTEE Category
Code: B99 - Education
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