Overview
What is New Mexico Community Capital?
New Mexico Community Capital is a dedicated nonprofit organization that strives to improve the economic circumstances of low-income individuals in New Mexico, with a particular focus on underserved areas. They accomplish this mission through various means, including financial aid, equity investments, and the utilization of online marketplaces. Their primary goal is to uplift the socio-economic standing of the community, lessen governmental burdens, and alleviate poverty.
Official website here: www.nmccap.org
Is New Mexico Community Capital legitimate?
New Mexico Community Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Community Capital 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.
Here are some key statistics you may want to consider:
Executive Compensation: $161,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $290,210
For more financial information, click here
Official website here: www.nmccap.org
What is the mission statement of New Mexico Community Capital?
New Mexico Community Capital is committed to enhancing economic prosperity for low-income individuals residing in economically underserved areas. They achieve this goal by offering financial assistance, making equity investments, and establishing online marketplaces. The organization's primary aim is to alleviate poverty and reduce the burden on government by improving the economic circumstances of New Mexico residents.
Official website here: www.nmccap.org
Who is the CEO of New Mexico Community Capital?
Liz Gamboa is the Executive/Fund Managing Director of New Mexico Community Capital.
Official website here: www.nmccap.org
What is the revenue of New Mexico Community Capital?
New Mexico Community Capital's revenue in 2022 was $5,157,855.
Official website here: www.nmccap.org
Who are the executives of New Mexico Community Capital and what are their salaries?
The average compensation at New Mexico Community Capital during 2022 was $75,338. There are 6 employees and 11 volunteers at New Mexico Community Capital.
Here are 14 key members and their salaries:
- Liz Gamboa (Executive/Fund Managing Director)
- Thad Porch (Cfo)
- J Michael Schafer (Fund Managing Director To 1/1/2022)
- Kip Ritchie (Chair) [Trustee/Director]
- Dr Stuart Rose (Treasurer) [Trustee/Director]
- M Gayle Watson (Secretary) [Trustee/Director]
- David Castillo (Director)
- Annette Hamilton (Director)
- Chris James (Director)
- Richard Schneider (Vice Chair) [Trustee/Director]
- Juaquin Moya (Director)
- Joannie Romero (Director)
- Garry Mcberryhill (Director)
- Sean Mccabe (Director)
Official website here: www.nmccap.org
Where can I find the form 990 for New Mexico Community Capital?
The New Mexico Community Capital’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nmccap.org
Learn more at the official website: www.nmccap.org
Mission Statement of New Mexico Community Capital
New Mexico Community Capital, a nonprofit organization, is committed to enhancing the economic well-being of low-income individuals. They achieve this goal through various means, including financial assistance, equity investments, and the establishment of online marketplaces. The organization's mission is to alleviate poverty and lessen the burden on government by offering aid specifically designed to improve the economic status of New Mexico residents, with a focus on economically underserved areas. By providing these services, New Mexico Community Capital aims to promote social welfare, ultimately contributing to a more prosperous society.
Impact
This information is meant to be a general summary of New Mexico Community Capital. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 1, 2024
New Mexico Community Capital's impact is clear and direct: it promotes economic well-being for low-income individuals in economically underserved areas of New Mexico. By providing financial assistance, equity investments, loans, and other aid, this organization is actively working to alleviate poverty, lessen the burdens of government, and improve the economic outlook for New Mexico residents in need. Their focus on community improvement is evident through their various initiatives that aim to empower individuals and strengthen the local economy.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FISCAL SPONSOR FEE
Revenue
$179,651
BUSINESS SERVICES
Revenue
$113,356
Organization Details
Founding Year
2004
Phone
(505) 924-2820
Principal Officer
Liz Gamboa
Main Address
301 GOLD AVE SW 102, ALBUQUERQUE, NM, 87102
Website
www.nmccap.org
NTEE Category
Code: S32 - Community improvement
If you are a representative of New Mexico Community Capital 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.