Think New Mexico

“The form 990 is distributed to and reviewed in detail by the board of directors prior to filing. The board is encouraged to discuss noteable items and disclosures before final board approval.”

“Officers, directors, and employees are aware of the conflict of interest policy, and any potential conflicts are disclosed to the appropriate level of management for resolution. Conflict of interest disclosures are completed annually.”

“The board evaluates the executive diretor's performance and sets compensation as part of the budget approval process. In making the decision, comparability data are considered. Process results are contemporaneously documented in board or committee minutes.”

“The executive director evaluates employee performance and sets compensation as part of the budget process. The board reviews and approves the annual budget.”

“Governing documents, conflict of interest policy and financial statements are made available upon request. Financial statements are also posted to the organization's website.”

“Members of the board of directors serve in a volunteer capacity.”

“In 2020, think new mexico launched a new initiative designed to end predatory lending and strengthen financial literacy in new mexico. Think new mexico researched, wrote, and published a policy report titled, "how predatory lending swallowed new mexico and what we can do about it," which recommended cutting the state's maximum annual interest rate on small loans from 175% to 36% and making a one-semester course in financial literacy a high school graduation requirement. Copies of the report were distributed to more than 12,000 new mexicans as part of our extensive public education efforts around this issue. Think new mexico also developed legislation to implement our proposed reforms and organized a diverse coalition of supporters to advocate for them during the 2021 legislative session. During the 2020 legislative session, think new mexico drafted and successfully championed the enactment of the new mexico work and save act, which will create a system of voluntary state-sponsored individual retirement accounts so that self-employed new mexicans and those working in jobs that do not offer retirement benefits can easily save for retirement using automatic payroll deductions. In addition, for the second year in a row, language was included in the state budget based on think new mexico's legislation requiring school districts and charter schools to maximize the proportion of their budgets that they spend in the classroom, rather than on central administration. Think new mexico also successfully advocated for appropriations of 900,000 to create an all-payer claims database, which will be used to expand the health care transparency website created as a result of think new mexico's 2015 policy initiative; and 750,535 in funding for the strategic water reserve, the innovative water management tool that think new mexico developed in 2005 to keep more water in new mexico's rivers. Finally, in 2020 think new mexico continued its leadership internship program, which aims to retain a new generation of potential leaders in new mexico by teaching them how they can make a difference in their home state. In 2020, the internship program served eight students from across new mexico, training them how to develop and enact sound public policy and introducing them to key policymakers and opinion leaders.”

“Change in beneficial interest 7,254”