Overview
What is New Mexico Angels Inc?
New Mexico Angels Inc is a nonprofit organization situated in Albuquerque, New Mexico. Their primary purpose is to support the growth of early-stage businesses in New Mexico and the Southwest region by offering financial investments, mentorship, and serving on boards or participating in team-building activities. Their mission is to provide opportunities for their members to earn financial returns while accelerating these companies towards market leadership. They work in collaboration with the venture capital community and angel groups in the Southwestern area.
Official website here: www.nmangels.com
Is New Mexico Angels Inc legitimate?
New Mexico Angels Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Mexico Angels Inc 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.
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Official website here: www.nmangels.com
What is the mission statement of New Mexico Angels Inc?
New Mexico Angels Inc is an organization that aims to offer its members the opportunity to earn financial returns by investing in early-stage companies in the Southwest region, specifically in New Mexico. Their ultimate goal is to accelerate these companies towards market leadership. They achieve this by collaborating with the venture capital community and angel groups in the Southwestern area. In addition to providing financial investment, New Mexico Angels offers contacts, mentoring, and other assistance to help these businesses grow, including serving on boards and team building.
Official website here: www.nmangels.com
What is the revenue of New Mexico Angels Inc?
New Mexico Angels Inc's revenue in 2023 was $259,545.
Official website here: www.nmangels.com
Who are the executives of New Mexico Angels Inc and what are their salaries?
There 15 volunteers at New Mexico Angels Inc.
Here are 16 key members and their salaries:
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Official website here: www.nmangels.com
Where can I find the form 990 for New Mexico Angels Inc?
New Mexico Angels Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nmangels.com
Learn more at the official website: www.nmangels.com
Mission Statement of New Mexico Angels Inc
New Mexico Angels Inc, as a mission-driven organization, aims to present its members with the opportunity to secure financial returns by investing in early-stage companies situated in New Mexico and the Southwestern region. The primary goal is to accelerate these companies towards market leadership, collaborating closely with the venture capital community and angel groups within the Southwestern area. The organization extends its support beyond just financial investment, offering contacts, mentoring, and other essential assistance to aid in business growth. New Mexico Angels Inc plays an active role in serving on boards and team building, further contributing to the success of these early-stage companies.
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Impact
October, 2024
New Mexico Angels Inc significantly impacts the entrepreneurial landscape by fostering financial growth and innovation in early-stage companies within New Mexico and the Southwest region. By providing investment opportunities to its members, it accelerates the development of emerging businesses, helping them achieve market leadership.
The organization enhances this ecosystem by forging valuable connections and offering mentorship, which is crucial for startups aiming for success. Its involvement does not stop at financial investment; members actively contribute their expertise through board participation and team building, ensuring that businesses receive the guidance necessary for sustainable growth.
Additionally, New Mexico Angels collaborates with the wider venture capital community and other angel groups, creating a supportive network that amplifies the potential for these businesses to thrive. This synergy not only bolsters individual companies but also strengthens the overall economic fabric of the region, making a lasting impact on community improvement and innovation.
This information is meant to be a general summary of New Mexico Angels 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $290
- Program Service Revenue: $5,000
- Gross Receipts: $259,545
Assets and Liabilities:
- Total Assets: $127,932
- Total Liabilities: $45,750
- Net Assets: $82,182
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING
Revenue
$5,000
Organization Details
Founding Year
1999
Principal Officer
Drew Tulchin
Website
www.nmangels.comNTEE Category
Code: S41 - Community improvement
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