Housing Solutions For The Southwest Inc

Organization Overview

Housing Solutions For The Southwest Inc is located in Durango, CO. The organization was established in 1982. According to its NTEE Classification (L81) the organization is classified as: Home Improvement & Repairs, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Housing Solutions For The Southwest Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Solutions For The Southwest Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Housing Solutions For The Southwest Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 10.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Housing Solutions For The Southwest Inc has awarded 22 individual grants totaling $398,909. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF HOUSING SOLUTIONS FOR THE SOUTHWEST IS TO LEAD THE WAY PROVIDING HELP, HOPE, AND A SEAMLESS SYSTEM OF AFFORDABLE HOUSING SERVICES TO OUR COMMUNITIES IN SOUTHWEST COLORADO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSING DEVELOPMENT: HOUSING SOLUTIONS FOR THE SOUTHWEST IS COMMITTED TO DEVELOPING AFFORDABLE HOUSING THROUGH TAX CREDIT PROJECTS AND PARTNERSHIPS WITH FOUNDATIONS, LOCAL AND STATE GOVERNMENT AND OTHER PRIVATE AND PUBLIC ENTITIES. HSSW OWNS AND MANAGES AFFORDABLE HOUSING COMMUNITIES IN SOUTHWEST COLORADO, INCLUDING SOUTHWEST HORIZON RANCH (61 SINGLE FAMILY HOMES), SOCORRO SENIOR LIVING CENTER (19 APARTMENTS), HOMEWARD BOUND (5 APARTMENTS), AND ESPERO PERMANENT SUPPORTED HOUSING (40 APARTMENTS), BRAND NEW CONSTRUCTION IN DURANGO OPENING IN 2021.


HOMELESS PREVENTION, RAPID & TRANSITIONAL HOUSING: THIS PROGRAM OF HSSW PROVIDES RENTAL ASSISTANCE AND SUPPORTIVE SERVICES THAT PROMOTE LONG-TERM STABILITY, AND CONNECT INDIVIDUALS AND FAMILIES TO COMMUNITY RESOURCES. TRANSITIONAL HOUSING SUPPORT IS PROVIDED AS WELL TO VICTIMS OF CRIME AND DOMESTIC VIOLENCE AND SEXUAL ASSAULT. STAFF SUPPORT CLIENTS WITH SELF- DIRECTED GOAL PLANNING; GOALS OF EDUCATION, CAREER, HEALTHY CHILD DEVELOPMENT, BUDGETING AND LIVABLE WAGE EMPLOYMENT CAN BE ACHIEVED WITH STABLE HOUSING IN PLACE.


HOUSING COUNSELING: HOUSING SOLUTIONS FOR THE SOUTHWEST PROVIDES COMPREHENSIVE HOUSING COUNSELING, REVERSE MORTGAGE COUNSELING, EMERGENCY ASSISTANCE, HOUSING NAVIGATION, BUDGET AND FINANCIAL LITERACY AND EDUCATION AS PART OF ITS HOUSING COUNSELING PROGRAM. COUNSELING SERVICES HELP IDENTIFY ISSUES AND SOLUTIONS, AND EDUCATE INDIVIDUALS AND FAMILIES ABOUT AFFORDABLE HOUSING OPTIONS IN OUR COMMUNITIES.


COVID 19 EMERGENCY ASSISTANCE 262,590 HOME REHAB & REVOLVING LOAN FUND 157,420 HOME & HOUSING REPAIR 92,993 HOUSING VOUCHER MANAGEMENT 76,087


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Board, Officers & Key Employees

Name (title)Compensation
Elizabeth Salkind
Executive Di
$113,845
Susan Banes
Finance Dire
$73,010
Rj Rieger
Chair
$0
Jim Bolen
Past Chair
$0
Julie Bingham
Director
$0
Brandi Curtis
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,257,788
All other contributions, gifts, grants, and similar amounts not included above$500,086
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,757,874
Total Program Service Revenue$881,823
Investment income $801
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,579,408

Grants Awarded

Over the last fiscal year, Housing Solutions For The Southwest Inc has awarded $101,026 in support to 5 organizations.

Grant RecipientAmount

MONTEZUMA COUNTY SENIOR CENTER

PURPOSE: SUPPORTIVE SERVICES

$31,739

SOUTHWEST COUNCIL OF GOVT

PURPOSE: ROOT POLICY RESEARCH

$30,000

HOUSING RESOURCES OF WESTERN CO

Org PageRecipient Profile

Grand Junction, CO

PURPOSE: RENT ASSISTANCE

$22,874

VOLUNTEERS OF AMERICA -CO

Org PageRecipient Profile

Alexandria, VA

PURPOSE: EMERGENCY SVCS/OTHER

$10,000

ENTERPRISE COMMUNITY PARTNERS INC

Org PageRecipient Profile

Columbia, MD

PURPOSE: ROOT POLICY RESEARCH

$6,413
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Housing Solutions For The Southwest Inc has recieved totaling $780,761.

Awarding OrganizationAmount
Colorado Coalition For The Homeless

Denver, CO

PURPOSE: Housing Assistance &

$331,236
The Colorado Health Foundation

Denver, CO

PURPOSE: STRENGTHEN COMMUNITY HEALTH

$174,000
The Colorado Health Foundation

Denver, CO

PURPOSE: STRENGTHEN COMMUNITY HEALTH

$80,000
Rocky Mountain Health Foundation

Grand Junction, CO

PURPOSE: STAFF HEALTH & WELLNESS; EMERGENCY SUPPORT FUNDING; SUPPORT THE ESPERO HOUSING PROGRAM, WHICH FEATURES 40 UNITS OF HOUSING AND INTEGRATED HEALTH CARE ON-SITE

$71,500
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT

$52,520
Coleman Charitable Foundation

Georgetown, TX

PURPOSE: EXEMPT PURPOSE

$41,500
View Grant Recipient Profile

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