August 2020 Newsletter

8/17/2020

Welcoming New Team Members!

Prosperity Works is excited to welcome Lindsay Winton as our new Operations Director!

Lindsay will work to support the Prosperity Works team with her extensive project management background. Her expertise in organizational structures and facilitating workflows will help the Prosperity Works thrive!

"I am so excited to be joining the Prosperity Works team, and be a part of the incredible social justice work they’re doing across New Mexico. As a native to the state, it brings me pride to be part of the solution in bringing economic hope to all in our beautiful and diverse state."

Prosperity Works is happy to have Matthew Mirarchi join the team as our new Development Director!

Matt most recently worked in development and New Mexico Environmental Law and has extensive experience with both large and small nonprofits. Matt is excited to hit the ground running with his expertise in development and community building to break down barriers to prosperity!

"I feel incredibly fortunate to join and contribute to Prosperity Works' dynamic, change-making team at such a pivotal and charged time—as so many are encountering even more systemic hurdles to achieving economic solvency."

Prosperity Works Founder, Ona Porter, wins Nusenda Foundation Award

We are happy to share that our founder and former CEO, Ona Porter, has been honored with the Financial Education Innovator Award from Nusenda Foundation!

“Ona’s long-time commitment to economic equity and financial well-being has helped New Mexico families achieve long-term financial security; her additional support of unbanked New Mexicans during this COVID-19 pandemic ensured that people could quickly access money they needed during this critical time without exorbitant fees,” said Nusenda Foundation Executive Director Robin Brulé.

Read the full release

Prosperity Works Partnership with the City of Albuquerque

Prosperity Works is happy to announce a partnership with the City of Albuquerque to help underserved communities affected by climate change! The money from this grant will go towards helping low-income residents lower their energy bills.

As our founder, Ona Porter described our mission - "Welcome to our world where social justice is operationalized every day. Removing barriers and creating opportunities is the "good trouble" that is Prosperity Works"

In March, we told you about Phase One of our ongoing Energy Work. Even though Phase Two was put on hold due to the COVID-19 pandemic, we are on schedule to finish in November!

The COVID-19 pandemic has exposed financial inequalities that have been evident to us for years. Now with many of these families experiencing job and income losses, the cost reduction that comes with energy efficiency retrofits could not be more important.

All of this work could not be completed without Prosperity Works’ partnerships with the Partnership for Community Action, PNM, and Central New Mexico Housing Corporation. Funding has been provided by the New Mexico Zone Grant Funders and the Turner Foundation, Inc. and Energy Foundations.

Individual Development Accounts

Our Individual Development Accounts (IDA's) can help you prepare for the future. Whether it's saving for secondary education, opening a small business, or buying a home. Prosperity Works wants to see you succeed.

Learn More

Prosperity Kids Program

Our PW Kids program combines matched Children's Saving Accounts (CSA's) with personal, social and financial support for the entire family.

Learn More

Donate and Help Support Prosperity Works Programs

Prosperity Works Partnership with TrueConnect

TrueConnect, an employer-based loan product that we brought New Mexico as an alternative to high-cost storefront loans. Understanding the harm done to individual borrowers, to community economic development initiatives, and to our inability to get our Legislator to take action to protect consumers, employers across the state have adopted TrueConnect to assist employees in accessing a fair loan. With no cost or risk to the employer, and no credit check for the employee, these loans of up to $5,000 have served to address emergencies, reduce financial stress, and support workplace productivity.

It is easy to do but I am also happy to connect you with other cities, large and small, who have done so.

Prosperity Works Partnership with TrueConnect

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*909 Copper Ave NW, Albuquerque, NM 87102 *

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