New Mexico Community Capital
New Mexico Community Capital
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About this organization
Mission
Our mission is to give rise to a more equitable future by providing tools for success to emerging Native American companies and tribal enterprises throughout New Mexico and beyond.
About
Economic development - provide equity capital and management resources to qualifying business throughout New Mexico, particularly in under-invested areas.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “None”.
When referring to its actions, they were outlined as: “To promote social welfare, alleviate poverty and lessen the burdens of government through financial assistance, equity investments, loans, and other aid designed to improve the economic well being of new mexico residents particularly for low-income individuals in economically underserved areas of new mexico.”.
- The non-profit has complied with legal obligations by reporting their state of operation as NM.
- The non-profit's address in 2020 is noted in the filing as 219 CENTRAL AVE NW NO 200, ALBUQUERQUE, NM, 87102.
- The non-profit's form for 2020 reports a total of 4 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$586,286.
- The organization has 7 independent voting members.
- The organization was formed in 2004.
- The organization pays $509,906 in salary, compensation, and benefits to its employees.
- The organization pays $24,699 in fundraising expenses.