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501(C)Pa

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

EIN: 452848527 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

Overview

What is 501(C)Pa?

501(C)Pa is a dedicated financial management and administrative services provider for over 50 nonprofit organizations in New Mexico. Their mission is to empower these organizations to achieve their goals more effectively by taking care of their strategic financial management and compliance duties. During the recent fiscal year, 501(C)Pa aided in acquiring substantial resources, such as PPP loans, Shutter Venue Operators Grants, NMFA CARES Grants, and Employee Retention Credits, totaling over 5 million dollars for New Mexico nonprofits. By handling these financial responsibilities, 501(C)Pa enables nonprofits to have better decision-support information, reduced employee stress, improved audit results, and more time to focus on their missions. This ultimately results in increased social productivity, leading to more services delivered to communities and enhanced economic benefits for those communities and New Mexico. In summary, 501(C)Pa is a team-based, professional service provider that assists nonprofits in New Mexico to accomplish more through their financial management and administrative services, ultimately boosting their ability to serve their communities effectively.


Official website here: www.501cpa.org

Is 501(C)Pa legitimate?

501(C)Pa is a legitimate nonprofit organization registered as a 501(c)(3) entity. 501(C)Pa 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: $269,227
Professional Fundraising Fees: $0
Other Salaries and Wages: $553,521

For more financial information, click here


Official website here: www.501cpa.org

What is the mission statement of 501(C)Pa?

501(C)Pa's mission is centered around aiding nonprofit organizations in achieving their goals more effectively. This is accomplished through the provision of team-based, professional financial management and administrative services. By handling strategic financial management and compliance duties for nonprofits, 501(C)Pa provides them with improved decision-support information, reduced employee stress, enhanced audit results, and more time to concentrate on their missions. As a result, these nonprofits can deliver more services to their communities, leading to increased social productivity and economic benefits. During the recent fiscal year, 501(C)Pa assisted numerous nonprofits in securing various financial aid, including PPP loans, Shutter Venue Operators Grants, and CARES Act grants, thereby contributing to their financial stability.


Official website here: www.501cpa.org

Who is the CEO of 501(C)Pa?

David Rivard is the Ceo of 501(C)Pa. The CEO's salary of 501(C)Pa is $126,889 and their total compensation is $148,341.


Official website here: www.501cpa.org

What is the revenue of 501(C)Pa?

501(C)Pa's revenue in 2022 was $1,084,040.


Official website here: www.501cpa.org

Who are the executives of 501(C)Pa and what are their salaries?

The average compensation at 501(C)Pa during 2022 was $54,850. There are 15 employees and 7 volunteers at 501(C)Pa.

Here are 9 key members and their salaries (501(C)Pa's CEO's salary is $126,889 and their total compensation is $148,341):

    David Rivard (Ceo)
  • Compensation: $126,889
  • Related: $0
  • Other: $21,452

    • Monica Stapleton (Cfo)
  • Compensation: $101,274
  • Related: $0
  • Other: $5,178

    • Martin Epstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Mike Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jabeen Vagh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Joiner (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Wong (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lilia Ruiz (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.501cpa.org

    Where can I find the form 990 for 501(C)Pa?

    The 501(C)Pa’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.501cpa.org

    Learn more at the official website: www.501cpa.org

    Mission Statement of 501(C)Pa

    501(C)Pa is an organization dedicated to assisting nonprofits in achieving their objectives more effectively. They accomplish this through their team-based, professional financial management and administrative services. The mission of 501(C)Pa is to provide nonprofit organizations with improved decision-making support, reduced employee stress, enhanced audit results, and more time to focus on their primary objectives. By taking care of their strategic financial management and compliance duties, 501(C)Pa enables nonprofits to deliver more services to their communities, resulting in increased social productivity and economic benefits.

    During the current fiscal year, 501(C)Pa has offered accounting, payroll, budgeting, grant reporting, audit assistance, CFO services, and COVID-19 pandemic resources to over 50 nonprofit organizations. Their assistance has been instrumental in helping New Mexico nonprofit organizations access various financial aid, such as PPP loans, Shuttered Venue Operators Grants, NMFA CARES grants, and Employee Retention Credits. By handling their financial management and compliance duties, 501(C)Pa allows nonprofits to operate more efficiently, ensuring better financial health and enabling them to focus more on their primary missions.

    Impact

    This information is meant to be a general summary of 501(C)Pa. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    501(C)Pa has had a significant impact on over 50 nonprofit organizations in New Mexico by providing essential financial management and administrative services. By assisting these organizations in accessing millions of dollars in PPP loans, grants, and tax credits, 501(C)Pa has enabled them to navigate through challenging economic times, reduce stress among employees, and improve their overall financial health. This support has allowed the nonprofits to focus more on their missions, increase their productivity, deliver more services to communities, and generate economic benefits for New Mexico. Through its strategic financial management efforts, 501(C)Pa has played a crucial role in enhancing the effectiveness and sustainability of these nonprofit organizations.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $385
  • Program Service Revenue: $863,655
  • Gross Receipts: $1,084,040

    • Assets and Liabilities:
  • Total Assets: $591,312
  • Total Liabilities: $64,743
  • Net Assets: $526,569
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ACCOUNTING, TAX & CONSULTING

    Revenue

    $863,655

    Organization Details

    Founding Year

    2011

    Principal Officer

    David Rivard

    Main Address

    3900 OSUNA RD NE STE 260, ALBUQUERQUE, NM, 87109

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of 501(C)Pa 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.