New Mexico Tech Foundation

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

EIN: 850194323 ✦ Socorro, NM ✦ Designated as a 501(c)(3)

Overview

What is New Mexico Tech Foundation?

The New Mexico Tech Foundation is a nonprofit organization situated in Socorro, New Mexico. Its primary mission is to support students attending the New Mexico Institute of Mining and Technology by providing scholarships and grants. Besides financial aid, the foundation engages in recruiting and advertising activities to promote the institution's interests. The foundation's ultimate goal is to advance the interests of the New Mexico Institute of Mining and Technology, contributing funds for institutional support and scholarships.


Is New Mexico Tech Foundation legitimate?

New Mexico Tech Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Tech Foundation 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: $0
Professional Fundraising Fees: $108,333
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of New Mexico Tech Foundation?
Who is the CEO of New Mexico Tech Foundation?
What is the revenue of New Mexico Tech Foundation?
Who are the executives of New Mexico Tech Foundation and what are their salaries?
Where can I find the form 990 for New Mexico Tech Foundation?

Mission Statement of New Mexico Tech Foundation

The New Mexico Tech Foundation, a dedicated organization, is committed to promoting and advancing the interests of the New Mexico Institute of Mining and Technology. To achieve this mission, the foundation has been organized to make funds available for institutional support and scholarships. By doing so, it aims to bolster the New Mexico Institute of Mining and Technology, ensuring its continued success and providing opportunities for students attending the institution. Beyond this, the New Mexico Tech Foundation also engages in recruiting, advertising, and other associated activities, further contributing to the institution's growth and development.

Impact

This information is meant to be a general summary of New Mexico Tech Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

New Mexico Tech Foundation's impact is evident in its promotion and advancement of the interests of the New Mexico Institute of Mining and Technology. The foundation provides scholarships and grants to support students attending the institute, contributing to their educational endeavors. In addition, the foundation engages in activities such as recruiting, advertising, and other associated efforts to further support the institute's mission and goals. Its commitment to funding institutional support and scholarships plays a crucial role in enhancing the educational experience for students at the New Mexico Institute of Mining and Technology.





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: $744,831
  • Program Service Revenue: $87,900
  • Gross Receipts: $2,517,298

    • Assets and Liabilities:
  • Total Assets: $38,498,574
  • Total Liabilities: $1,861,274
  • Net Assets: $36,637,300
  • Programs

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

    APARTMENT RENTAL

    Revenue

    $87,900

    Organization Details

    Founding Year

    1965

    Principal Officer

    Colleen Foster

    Main Address

    801 LEROY PLACE, SOCORRO, NM, 87801

    NTEE Category

    Code: B82 - Education

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