NonprofitsProsperity Works

Mutual & Membership Benefit

Prosperity Works

ALBUQUERQUE, NM

Total revenue

$583K

Total expenses

$912K

Net assets

$372K

Grants received

$1.9M

36 grants

EIN

850466059

Tax year

2023

Mission

Prosperity works builds the capacity of organizations and advocates for policies that generate economic prosperity for all new mexicans. Through this work, we implement a vision that every new mexican has the opportunity, knowledge and relationships to achieve economic prosperity.

Programs

3 programs

Sustainable energy solutions program- this program addresses a key factor in low-income families: decreasing the high cost of energy; increasing efficiency and improving the health, safety and comfort of homes. This is accomplished through the implementation of efficiency measures in homes, and advocating for policy that removes barriers to participation and increases available resources. This initiative also represents low-income people at the public regulation commission on energy burden issues.

Expenses: $301K

Childrens economic security: prosperity kids is a matched college savings account initiative. It is designed to leverage the important work of partner organizations thus furthering their engagement with clients and increasing their impact. Thus, young parents are retained in home visitng programs; single parent college students sustain their enrollment; headstart parents participate in program requirements; and, parents enrolled in child development and community leadership courses make major investments in the healthly development education of their children and of their family as a whole.

Expenses: $138KGrants: $59K

Consumer advocacy- prosperity works partners with organizations and communities across the state to support policies to build assets for low-income communities. Banking access- bank on new mexico helps to create new safe and affordable checking accounts for unbanked new mexicans. Additionally, we develop partnerships between financial institutions and organizations who serve unbanked new mexicans.

Expenses: $160K

Financials

FY 2023

Revenue

Contributions & grants$360K
Program service revenue$220K
Investment income$3K
Other revenue$768
Total revenue$583K

Expenses

Grants paid$170K
Salaries & benefits$501K
Fundraising$34K
Other expenses$242K
Total expenses$912K
Total assets$1.6M
Net assets$372K

People

7 listed

NameRoleCompensation

DR ANN LYN HALL

CEO

Board

$125K

40 hrs/wk

ONA PORTER

FOUNDER EMER

Board

$57K

40 hrs/wk

JUAN ABEYTA

BOARD CHAIR

Board

1 hrs/wk

VANESSA MATUSZEWSKI-PEER

VICE CHAIR

Board

1 hrs/wk

MIKE ATHENS

TREASURER

Board

1 hrs/wk

VICKIE OLDMAN

SECRETARY

Board

1 hrs/wk

KARINA BURCIEGA

MEMBER

Board

1 hrs/wk

Grants received

Showing 36 of 36

FromAmountPurposeYear
$60K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2024
$5K
REDUCE YOUR USE GRANTS
2024
$90K
SUPPORTING A FULL-TIME LOCAL BANK ON COALITION LEADERSHIP POSITION
2023
$60K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2023
$25K
GENERAL OPERATING SUPPORT
2023
$20K
TO SUPPORT A COLLEGE SAVINGS FOR CHILDREN 0-3 IN ESPANOLA
2023
$19K
GENERAL OPERATING SUPPORT
2023
$17K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$10K
40TH ANNIVERSARY GRANTS
2023
$5K
REDUCE YOUR USE GRANTS
2023
$4K
EDUCATIONAL OUTREACH
2023
$175K
support financial institution and stakeholder collaborations and listening sessions to develop consumer knowledge products and guides around predatory lending and assess predatory lenders' implementation of new laws in Northwest New Mexico
2022
$95K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2022
$65K
GENERAL OPERATING SUPPORT (BUILDING THE CAPACITY OF ORGANIZATIONS, FAMILIES AND COMMUNITIES REQUIRED TO THRIVE)
2022
$20K
TO SUPPORT A SAVINGS POLICY STRATEGY FOR CHILDREN SUCH AS BABY BONDS OR CHILD DEVELOPMENT ACCOUNTS
2022
$20K
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
2022
$5K
REDUCE YOUR USE GRANTS
2022
$80K
enable the organization to achieve its mission to build the capacity of organizations and advocates for policies that generate economic prosperity for all New Mexicans by providing general operating support
2021
$125K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2020
$100K
enable the organization to achieve its mission to build the capacity of organizations and advocates for policies that generate economic prosperity for all New Mexicans by providing general operating support
2020
$90K
GENERAL OPERATING SUPPORT
2020
$85K
GENERAL OPERATING SUPPORT
2020
$65K
FURTHER ORGANIZATION'S EXEMPT PURPOSE
2020
$30K
ELECTRIC VEHICLE INFRASTRUCTURE & ACCESS PROJECT
2020
$25K
LINKING PROSPERTIY KIDS TO STUDENTS WITH YOUNG CHILDREN FOR ESTABLISHING SAVINGS ACCOUNTS
2020
$10K
COMMUNITY SERVICES & EXISTING PROGRAM SUPPORT
2020
$10K
PARTNERS FOR PLACES
2020
$5K
AFFORDABLE HOUSING GRANTS
2020
$4K
BUILDING STRONGER COMMUNITIES
2020
$250K
improve economic security of vulnerable children and their families in New Mexico target subgeographies by implementing and scaling asset building strategies, employer based lending models, savings products and services while building organizational capacity
2019
$250K
improve economic security of vulnerable children and their families in New Mexico target subgeographies by implementing and scaling asset building strategies, employer based lending models, savings products and services while building organizational capacity
2017
$12K
SOCIAL SERVICES/SOCIAL BENEFITS
2017
$10K
GRANT - SOCIAL AND ECONOMIC PROSPERITY, CHILD DEVELOPMENT
2017

Funded by

$1.9M from 18 funders · 36 grants · 2017–2024

WK Kellogg Foundation

$855K · 5 grants · 2017–2022

United States Energy Foundation

$340K · 4 grants · 2020–2024

Marshall L And Perrine D Mccune

$180K · 3 grants · 2020–2023

Santa Fe Community Foundation

$105K · 2 grants · 2020–2023

Brindle Foundation

$65K · 3 grants · 2020–2023

Turner Foundation Inc

$65K · 1 grant · 2020

Western Resource Advocates

$30K · 1 grant · 2020

Details

EIN850466059
NTEE codeY02
Subsection03
Ruling date2000-02
Formed1999
Employees6
Volunteers2
PROSPERITY WORKS — Mission, Financials & Grants Received | Grantivo