Overview
What is New Mexicare?
New Mexicare, headquartered in Guadalupe County, is a dedicated nonprofit organization. Their primary objective is to improve community living by offering health education and charitable opportunities. They are committed to ensuring stability and providing effective financial and clinical management services, along with maintaining high-quality governance, specifically for Guadalupe County Hospital. Their mission extends beyond health services, embracing the community and creating opportunities for better lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star Rating.
New Mexicare has received a rating of 54%, which indicates a significant area of concern regarding its accountability and financial practices. While the organization boasts a fully independent board and robust policies, including conflict of interest and whistleblower protections, its overall financial management is notably weak. The program expense ratio is particularly low at 23.18%, suggesting that a small portion of its expenditures is directed towards its charitable programs.
The organization excels in governance, with 100% independent board members and effective documentation practices for board meetings. However, its liabilities to assets ratio raises red flags, indicating potential financial stability issues. The lack of effective allocation of funds towards programmatic activities could hinder its mission impact and sustainability.
In summary, while New Mexicare demonstrates strong governance practices, its low financial performance and program expense ratio suggest that improvements are necessary to better serve its beneficiaries and enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is New Mexicare legitimate?
New Mexicare is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexicare 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of New Mexicare?
New Mexicare's mission is centered around improving the quality of life for individuals within the community. They accomplish this by offering health education and charitable opportunities, all while maintaining a commitment to their community. Additionally, New Mexicare is dedicated to providing stable financial and clinical management services, as well as ensuring quality governance, to Guadalupe County Hospital. Their goal is to enhance the overall well-being of the community through these various initiatives.
Who is the CEO of New Mexicare?
Keith Ross is the President of New Mexicare.
What is the revenue of New Mexicare?
New Mexicare's revenue in 2023 was $174,344.
Who are the executives of New Mexicare and what are their salaries?
There 3 volunteers at New Mexicare.
Here are 6 key members and their salaries:
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Mexicare?
New Mexicare's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of New Mexicare
New Mexicare, as a nonprofit organization, is dedicated to improving the quality of life in the community. Their mission is multifaceted, encompassing health education and charitable opportunities. This commitment to the community extends beyond mere words, as they also strive to provide stability and sound financial and clinical management services to Guadalupe County Hospital. New Mexicare's goal is to offer quality governance, thereby ensuring the hospital operates efficiently and effectively, ultimately benefiting the community it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
New Mexicare significantly enhances the quality of life in the community by focusing on health education and charitable opportunities. It plays a crucial role in promoting public health awareness, ensuring that individuals have access to vital information that can help them make informed health decisions. By emphasizing education, New Mexicare empowers residents to take an active role in their health and well-being.
Moreover, New Mexicare provides stability and expert management services to Guadalupe County Hospital, ensuring that the facility operates efficiently and effectively. This stability is essential for maintaining healthcare services in the region, allowing for better patient care and improved health outcomes. The organization's commitment to quality governance helps instill confidence in the community regarding the healthcare services available to them.
In essence, New Mexicare acts as a cornerstone of health support, fostering community engagement and resilience while addressing the practical needs of healthcare in Santa Rosa, NM.
This information is meant to be a general summary of New Mexicare. 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: $25,307
- Program Service Revenue: $144,000
- Gross Receipts: $180,022
Assets and Liabilities:
- Total Assets: $691,091
- Total Liabilities: $4,938
- Net Assets: $686,153
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees from governance of hospital
Revenue
$144,000
Organization Details
Founding Year
1999
Phone
(575) 472-3417Principal Officer
Keith Ross
Main Address
117 CAMINO DE VIDA STE 100, SANTA ROSA, NM, 884352267
NTEE Category
Code: E19 - Health
If you are a representative of New Mexicare and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.