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New Mexico Association Of Food Banks

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

EIN: 850470980 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is New Mexico Association Of Food Banks?

The New Mexico Association of Food Banks, located in Albuquerque, New Mexico, is a dedicated nonprofit organization. Their primary mission is to combat hunger in the state by fostering collaboration, facilitating educational initiatives, and advocating on behalf of their member food banks. This is achieved through strategic food acquisitions and distribution, educational programs, and advocacy efforts. The association's activities aim to address hunger and food insecurity issues across New Mexico, ensuring that no one goes hungry.


Official website here: www.nmfoodbanks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Stars

The New Mexico Association of Food Banks has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score of 100%. This high rating is derived entirely from its accountability and finance metrics, indicating a strong commitment to transparency and responsible financial management. Notably, the organization boasts a majority independent board and demonstrates excellent practices in areas such as conflict of interest and whistleblower policies.

Strengths of the organization include a low liabilities to assets ratio of 0.17%, showcasing solid financial health, and an exceptional program expense ratio of 92.06%. This means that a significant portion of the organization's funds are directed towards its programs rather than administrative costs. Additionally, the organization has made its financial documents and board meeting minutes easily accessible on its website, further enhancing its accountability to stakeholders.

Overall, the New Mexico Association of Food Banks stands out for its governance practices, financial integrity, and dedication to effectively serving its mission. There are no noted limitations in the data provided, affirming its status as a trustworthy nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is New Mexico Association Of Food Banks legitimate?

New Mexico Association Of Food Banks is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Association Of Food Banks 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: $0

For more financial information, click here


Official website here: www.nmfoodbanks.org

What is the mission statement of New Mexico Association Of Food Banks?

The New Mexico Association of Food Banks (NMAFB) is committed to addressing the issue of hunger in New Mexico. They achieve this mission through collaborative food acquisitions and distributions, educational initiatives, and advocacy efforts, all carried out across the state. The organization's primary goal is to work towards eradicating hunger in New Mexico, utilizing a collective approach. The NMAFB also engages in educational programs to raise awareness and promote food security, and they actively advocate for policies and programs that can help combat hunger effectively.


Official website here: www.nmfoodbanks.org

Who is the CEO of New Mexico Association Of Food Banks?

Sherry Hooper is the Director of New Mexico Association Of Food Banks.


Official website here: www.nmfoodbanks.org

What is the revenue of New Mexico Association Of Food Banks?

New Mexico Association Of Food Banks's revenue in 2022 was $8,592.


Official website here: www.nmfoodbanks.org

Who are the executives of New Mexico Association Of Food Banks and what are their salaries?


Here are 9 key members and their salaries:


Scott Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zandy Bunch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Hooper (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilda Kendall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Perez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Phy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nanette Pinckney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianna Sprague (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mag Strittmatter (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nmfoodbanks.org

Where can I find the form 990 for New Mexico Association Of Food Banks?

New Mexico Association Of Food Banks's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nmfoodbanks.org

Learn more at the official website: www.nmfoodbanks.org

Mission Statement of New Mexico Association Of Food Banks

The New Mexico Association of Food Banks (NMAFB) is committed to combating hunger in New Mexico. This nonprofit organization undertakes this mission through collaborative food acquisition and distribution, educational initiatives, and advocacy efforts, extending its reach across the state. By working together with its member food banks, NMAFB strives to address the issue of food insecurity in an effective and comprehensive manner. The organization's mission is to bring about a hunger-free New Mexico, recognizing the importance of collaboration, education, and advocacy in achieving this goal.

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Impact




August, 2024

The New Mexico Association of Food Banks works tirelessly to end hunger in New Mexico through collaborative food acquisitions and distribution, education, and advocacy. By uniting member food banks across the state, they are able to reach more individuals and communities in need. Their efforts not only provide essential food assistance but also raise awareness about hunger issues and advocate for systemic change. Through their collaboration, education, and advocacy work, the New Mexico Association of Food Banks has a significant impact on addressing food insecurity in the state.




This information is meant to be a general summary of New Mexico Association Of Food Banks. 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
$8,592 (2022)
Expenses
$20,313 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Gross Receipts: $8,592

Assets and Liabilities:

  • Total Assets: $75,875
  • Total Liabilities: $0
  • Net Assets: $75,875

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Organization Details

Founding Year

2000

Principal Officer

Sherry Hooper

Main Address

5840 OFFICE BLVD NE, ALBUQUERQUE, NM, 87109

NTEE Category

Code: K30 - Food

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