Osteoporosis Foundation Of New Mexico
- Assets
- $1.1m
- Revenue
- $492.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 85-0477162
Organization Overview
Osteoporosis Foundation Of New Mexico is located in Albuquerque, NM. The organization was established in 2001. According to its NTEE Classification (G50) the organization is classified as: Nerve, Muscle & Bone Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Osteoporosis Foundation 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 12/2023, Osteoporosis Foundation Of New Mexico generated $492.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $302.1k during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE HEALTHCARE PROVIDERS AND THE PUBLIC, TO INCREASE AWARENESS, AND TO SUPPORT RESEARCH ON OSTEOPOROSIS AND METABOLIC BONE DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANTA FE BONE SYMPOSIUM - THE SANTA FE BONE SYMPOSIUM, ESTABLISHED IN 2000, IS AN ANNUAL FORUM DEVOTED TO ADVANCES IN THE SCIENCE AND ECONOMICS OF OSTEOPOROSIS, OTHER METABOLIC BONE DISEASES, AND ASSESSMENT OF SKELETAL HEALTH. THIS MEETING IS FOR HEALTHCARE PROVIDERS, SCIENTISTS, AND RESEARCHERS WITH A SPECIAL INTEREST IN BONE DISEASE, AND FOR BONE DENSITOMETRY TECHNOLOGISTS WHO SEEK A HIGH LEVEL OF KNOWLEDGE IN THEIR FIELD. THE 2023 SANTA FE BONE SYMPOSIUM WAS HYBRID, WITH 266 IN-PERSON ATTENDEES AND 194 VIRTUAL ATTENDEES ATTENDING REMOTELY IN REAL-TIME. ENDURING MATERIAL INCLUDED PROCEEDINGS PUBLISHED IN A PEER-REVIEWED MEDICAL JOURNAL, WITH ONLINE ARCHIVED VIDEOS FOR CME, AND AUDIO RECORDINGS.
BONE HEALTH ECHO (EXTENSION FOR COMMUNITY HEALTHCARE OUTCOMES), ESTABLISHED IN 2015, IS THE PROTOTYPE FOR TECHNOLOGY-ENABLED COLLABORATIVE LEARNING FOR HEALTHCARE PROFESSIONALS WITH AND INTEREST IN OSTEOPOROSIS AND METABOLIC BONE DISEASES. IT WAS DEVELOPED BY PROJECT ECHO (HTTP://ECHO.UNM.EDU/) AT THE UNIVERSITY OF NEW MEXICO HEALTH SCIENCES CENTER IN COLLABORATION WITH THE OSTEOPOROSIS FOUNDATION OF NEW MEXICO (HTTP://WWW.OFNM.ORG). THIS CONSISTS OF WEEKLY 1.5 HOUR VIRTUAL INTERACTIVE CASE-BASED VIDEOCONFERENCES EVERY TUESDAY FROM 12:00 NOON TO 1:30 PM MOUNTAIN TIME. THE SESSIONS CAN BE ATTENDED FROM ANY LOCATION WITH INTERNET ACCESS THROUGH COMPUTER VIDEO CONNECTIONS, WITH AN OPTION TO JOIN BY TELEPHONE IF DESIRED.
WESTERN OSTEOPOROSIS ALLIANCE (WOA) THE OSTEOPOROSIS FOUNDATION OF NEW MEXICO RECEIVED A GRANT FOR THE WOA TO DEVELOP A PUBLICATION ABOUT ANABOLIC TREATMENT FOR OSTEOPOROSIS. THIS PUBLICATION IS IN ITS FINAL STAGES.RARE BONE DISEASE TELEECHO THE FOUNDATION HAS BEEN AWARDED TWO GRANTS FROM TWO DIFFERENT COMPANIES TO SUPPORT THE RARE BONE DISEASE TELEECHO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
E Michael Lewiecki MD President | OfficerTrustee | 10 | $0 |
Lance A Rudolph MD Treasurer | OfficerTrustee | 0.1 | $0 |
Yvonne Brusuelas Director | Trustee | 0.1 | $0 |
Keith Harvie DO Past Director | Trustee | 0.1 | $0 |
Frances Fisk MD Director | Trustee | 0.1 | $0 |
Kathleen Blake Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $247,835 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $247,835 |
| Total Program Service Revenue | $198,147 |
| Investment income | $43,609 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $635 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $492,606 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $157,663 |
| Advertising and promotion | $3,736 |
| Office expenses | $0 |
| Information technology | $599 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $30,139 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $13,270 |
| Total functional expenses | $302,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,849 |
| Savings and temporary cash investments | $6,204 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $908,584 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,066,637 |
| Accounts payable and accrued expenses | $533 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $533 |
| Net assets without donor restrictions | $1,066,104 |
| Net assets with donor restrictions | $0 |
| 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 | $1,066,637 |