Causes: Community Improvement & Capacity Building

Mission: It is our mission to build the capacity of organizations and advocate for policies that support economic prosperity for all New Mexicans. The work of the organization is: To create and deliver a change model that leads New Mexicans to become empowered; To lead other organizations to become change masters; To lead policy makers to commit to creating pathways and taking action that enhance the public's empowerment. Through this work, we implement a vision that every New Mexican has the opportunity, knowledge, and relationships to achieve economic security.

Results: In counties throughout New Mexico, Prosperity Works and its partners use Individual Development Accounts (IDA's) to build strong communities. As few as 1,491 families turning their savings into their dreams builds the New Mexico economy. Results as of September 30,2016 include:319 Families in safe and secure housing, 660 new/expanded businesses, 512 New Mexicans earning a college degree. In 3 low income zip codes in Albuquerque, Prosperity Works and its partners use Prosperity Kids (tm) (CSA's) to build strong families. 524 CSA's have been opened.

Target demographics: Low-to-middle income families

Direct beneficiaries per year: Our CSA's have over 500 enrolled. Our IDA's have helped over500 college students, over 315 home buyers, over 660 small business, 19 Agencies

Geographic areas served: New Mexico

Programs: These high-impact strategies:Lifespan of Incentive-based Savings ProductsBirthChildren Savings Accounts (CSA's)Youth SavingsIndividual Development Accounts (IDA's)RetirementCredit as an AssetFinancial Capability & CoachingConsumer Advocacy – addressing the high cost of being poorPartnering with Financial Institutions to create affordable, available, & accessible financial productsProsperity Works partners with organizations across the state so that every New Mexican has the opportunity, knowledge and relationships to achieve economic prosperity.