New Mexico Coalition For Healthcare Value
- Assets
- $22.5k
- Revenue
- $106.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 12/2015
- Data as of
- 04/2024
- EIN
- 47-3664000
Organization Overview
New Mexico Coalition For Healthcare Value is located in Albuquerque, NM. The organization was established in 2015. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Coalition For Healthcare Value 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 04/2024, New Mexico Coalition For Healthcare Value generated $106.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $117.8k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE NEW MEXICO COALITION FOR HEALTHCARE VALUE STRIVES TO EDUCATE STAKEHOLDERS ON HOW TO BEST KEEP A HEALTHY COMMUNITY AND A HEALTHY WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEW MEXICO COALITION FOR HEALTHCARE VALUE WORKS COLLABORATIVELY TO IMPROVE HEALTH AND TO MAXIMIZE THE VALUE OF HEALTHCARE SERVICES FOR RESIDENTS OF NEW MEXICO BY, 1. ENDORSING CONSUMER FOCUSED, PUBLIC REPORTING, AND TRANSPARENCY ON HEALTH CARE QUALITY MEASURES AND HEALTH CARE COSTS 2. BEING A CATALYST FOR IMPROVING HEALTH CARE QUALITY AND VALUE IN BOTH THE PRIVATE AND PUBLIC SECTOR, AND CONSUMER ENGAGEMENT THROUGHOUT THE STATE OF NEW MEXICO 3.BEING A RESOURCE TO COALITION MEMBERS AND TO THE PUBLIC GENERALLY IN MEETING THEIR HEALTH AND HEALTH CARE GOALS. ADDITIONALLY, THE COALITION CONDUCTS EDUCATION FORUMS THAT INFORM AND ASSIST MEMBERS IN UNDERSTANDING DIFFERENT COMPONENTS OF HEALTHCARE TRANSFORMATION SUCH AS COST, TRANSPARENCY, AND PROMOTING THE IMPLEMENTATION OF VALUE DRIVEN HEALTHCARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becky Macgregor Board Chair | OfficerTrustee | 2 | $0 |
Mary Romero Hart Vice Chair | OfficerTrustee | 2 | $0 |
Tim Rivera Treasurer | OfficerTrustee | 2 | $0 |
Troy Clark Director | Trustee | 2 | $0 |
Marlene Baca Director | Trustee | 2 | $0 |
Mark Tyndall Director | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $90,895 |
| Fundraising events | $8,971 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,999 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,865 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $106,867 |
| 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 | $7,651 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,007 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $85,894 |
| Advertising and promotion | $129 |
| Office expenses | $6,228 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,159 |
| 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 | $1,140 |
| All other expenses | $713 |
| Total functional expenses | $117,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,529 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,529 |
| Accounts payable and accrued expenses | $45 |
| 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 | $45 |
| Net assets without donor restrictions | $0 |
| 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 | $22,484 |
| Total liabilities and net assets/fund balances | $22,529 |