Southwest Creations Collaborative
- Assets
- $1.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 52
- Location
- Albuquerque, NM
- Founding
- 08/1997
- Data as of
- 12/2023
- EIN
- 85-0440047
Organization Overview
Southwest Creations Collaborative is located in Albuquerque, NM. The organization was established in 1997. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2023, Southwest Creations Collaborative employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Creations Collaborative 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 12/2023, Southwest Creations Collaborative generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SOUTHWEST CREATIONS COLLABORATIVE IS TO CREATE DIGNIFIED LIVING WAGE JOBS FOR WOMEN IN NEW MEXICO THROUGH A SUSTAINABLE MANUFACTURING SOCIAL ENTERPRISE THAT ENGAGES ITS EMPLOYEES, CUSTOMERS AND THE COMMUNITY IN BUILDING STRONG FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONTINUED TO CREATE DIGNIFIED LIVING WAGE JOBS FOR WOMEN IN NEW MEXICO THROUGH A SUSTAINABLE MANUFACTURING SOCIAL ENTERPRISE THAT ENGAGES ITS EMPLOYEES, CUSTOMERS AND THE COMMUNITY IN BUILDING STRONG FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Matteucci Executive Di | Officer | 40 | $86,187 |
Flora I Lopez Director | Trustee | 40 | $81,340 |
Karen Converse President | OfficerTrustee | 0.5 | $0 |
Linnea Bonacci Treasurer | OfficerTrustee | 0.5 | $0 |
Karen Dunning Secretary | OfficerTrustee | 0.5 | $0 |
Clare Zurawski Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $543,454 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $543,454 |
| Total Program Service Revenue | $54,047 |
| Investment income | $5 |
| 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 | $538,737 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,136,243 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $167,527 |
| Compensation of current officers, directors, key employees. | $26,762 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $481,582 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,304 |
| Payroll taxes | $48,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,540 |
| Advertising and promotion | $0 |
| Office expenses | $28,615 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $69,122 |
| Travel | $7,743 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,816 |
| Interest | $48,513 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,002 |
| Insurance | $14,588 |
| All other expenses | $0 |
| Total functional expenses | $1,074,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $433,855 |
| Savings and temporary cash investments | $1,302 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,835 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,995 |
| Prepaid expenses and deferred charges | $7,991 |
| Net Land, buildings, and equipment | $319,749 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $689,892 |
| Other assets | $0 |
| Total assets | $1,535,619 |
| Accounts payable and accrued expenses | $60,184 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $427,732 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $691,378 |
| Total liabilities | $1,179,294 |
| Net assets without donor restrictions | $127,309 |
| Net assets with donor restrictions | $229,016 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,535,619 |