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Filing year 2024

PROJECT 40 31 INC

Hobbs, New Mexico·EIN 27-4203557·NTEE P60 · Human Services·501(c)(3)
Total revenue
$745k
Total assets
$41k
Total expenses
$768k
Reported officers
7
Mission

PROJECT 40:31, INC. RAISES FUNDS FROM AN ANNUAL GOLF TOURNAMENT AND CHARITY AUCTION. ALL NET PROCEEDS ARE DISTRIBUTED TO IRS APPROVED NON-PROFIT ENTITIES, SUCH AS MAKE A WISH, BOYS AND GIRLS CLUB, PALMER DRUG ABUSE, AND HABITAT FOR HUMANITY. THESE ENTITIES SERVE THE TERMINALLY ILL, UNDERSERVED CHILDREN, DRUG DEPENDENT, AND HOMELESS. BOARD MEMBERS, VOLUNTEERS, AND OTHERS RECEIVE NO COMPENSATION-REIMBURSEMENT.

Reported officers (all unpaid)

No paid executives reported in 2024. PROJECT 40 31 INC reported 7 unpaid officers and board members on its 990.

Board Member
Board Member
Board Member
President
Secretary
Vice President
Treasurer

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

PROJECT 40 31 INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$801k
$771k
2023
$745k
$768k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in New Mexico

PROJECT 40 31 INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable human services organization in New Mexico earns a median of $79,760.

25th percentile
$48k
Median
$79,760
75th percentile
$108k
90th percentile
$139k

These are human services sector-wide figures, not this organization's reported pay. Based on 200 organizations across 200 filings (2022 – 2024).

See full Human Services pay data for New Mexico
FAQ

Common questions about PROJECT 40 31 INC

What are PROJECT 40 31 INC's revenue and expenses?

In 2024, PROJECT 40 31 INC reported $745k in total revenue and $768k in total expenses on its IRS Form 990.

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