Arc Of New Mexico
- Assets
- $6.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 36
- Location
- Albuquerque, NM
- Founding
- 04/1964
- Data as of
- 12/2021
- EIN
- 85-0167508
Organization Overview
Arc Of New Mexico, operating under the name The Arc Of New Mexico, is located in Albuquerque, NM. The organization was established in 1964. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Arc Of New Mexico employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arc Of New Mexico is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Arc Of New Mexico generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NON-SECTARIAN ORGANIZATION THAT PROMOTES THE WELFARE OF DEVELOPMENTALLY DISABLED INDIVIDUALS OF ALL AGES AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERSONAL REPRESENTATION SERVICES: ACTIVITIES DEVOTED TO PROVIDING GUARDIANSHIP, ADVOCACY AND PUBLIC EDUCATION STATEWIDE TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
EMPOWERMENT AND COMMUNITY BUILDING PROGRAM: ACTIVITIES DEVELOPED TO PROVIDE SUPPORT TRAINING AND EDUCATION FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES.
PUBLIC POLICY: THIS PROGRAM IS DEVOTED TO EDUCATING POLICYMAKERS, SERVICE PROVIDERS, AND OTHERS ON BEST PRACTICES AND ISSUES THAT IMPACT PEOPLE WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veronica Chavez Neuman Chief Exec O | Officer | 40 | $91,252 |
Ling Faith-Heuertz President | OfficerTrustee | 0.3 | $0 |
Adam Shand Sr. Vice Pre | OfficerTrustee | 0.3 | $0 |
John Atwood Treasurer | OfficerTrustee | 0.3 | $0 |
Christine Bragg Vp-Sw Region | OfficerTrustee | 0.3 | $0 |
Shana Heath Secretary | OfficerTrustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,005,045 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,906 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,184,951 |
| Total Program Service Revenue | $563,402 |
| Investment income | $65,066 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$50,606 |
| Net Gain/Loss on Asset Sales | $382,305 |
| Net Income from Fundraising Events | $15,029 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,160,147 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,260 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $91,252 |
| Compensation of current officers, directors, key employees. | $9,125 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $880,751 |
| Pension plan accruals and contributions | $12,088 |
| Other employee benefits | $135,029 |
| Payroll taxes | $69,182 |
| Fees for services: Management | $72,409 |
| Fees for services: Legal | $29,099 |
| Fees for services: Accounting | $85,746 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,623 |
| Fees for services: Other | $29,412 |
| Advertising and promotion | $4,617 |
| Office expenses | $134,143 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,036 |
| Travel | $31,129 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,680 |
| Interest | $38,372 |
| Payments to affiliates | $4,961 |
| Depreciation, depletion, and amortization | $51,339 |
| Insurance | $47,710 |
| All other expenses | $0 |
| Total functional expenses | $1,911,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $409,193 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $208,977 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,356 |
| Net Land, buildings, and equipment | $2,755,136 |
| Investments—publicly traded securities | $3,091,231 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,465,893 |
| Accounts payable and accrued expenses | $47,374 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,947,286 |
| Other liabilities | $0 |
| Total liabilities | $1,994,660 |
| Net assets without donor restrictions | $3,709,970 |
| Net assets with donor restrictions | $761,263 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,465,893 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Arc Of New Mexico has recieved totaling $64,667.
| Awarding Organization | Amount |
|---|---|
Marshall L And Perrine D Mccune Charitable Foundation Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT (FINANCIAL CAPACITY BUILDING) | $25,000 |
New Mexico Coalition Of Sexual Assault Programs Albuquerque, NM | | $23,667 |
The Arc Of The United States Washington, DC PURPOSE: CENSUS GRANT | $8,000 |
The Arc Of The United States Washington, DC PURPOSE: CENSUS GRANT | $8,000 |
Endowment Analysis
| Beg. Balance | $352,562 |
| Earnings | $16,374 |
| Ending Balance | $368,936 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Continuum Of Colorado Inc Aurora, CO | $7,927,832 | $19,747,791 |
Foothills Gateway Inc Fort Collins, CO | $11,957,913 | $17,913,826 |
Mental Health Mental Retardation Authority Of Brazos Valley Bryan, TX | $8,010,421 | $17,030,112 |
Mesa Developmental Services Grand Junction, CO | $19,209,957 | $17,139,277 |
Home Of Hope Inc Vinita, OK | $9,542,630 | $17,584,477 |
Arizona Autism United Inc Phoenix, AZ | $8,096,794 | $16,189,376 |
Center For Pursuit Houston, TX | $22,962,531 | $33,576,324 |
Parc Community Partnership Foundation Clearfield, UT | $12,757,912 | $10,698,488 |
People Inc Of Sequoyah County Sallisaw, OK | $18,580,641 | $13,102,902 |
Reach Unlimited Inc Cypress, TX | $12,139,744 | $12,298,895 |
Developmental Opportunities Canon City, CO | $9,834,180 | $11,608,520 |
J P Industries Inc Tucson, AZ | $15,772,888 | $12,485,821 |