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Nonprofit · EIN 84-0853925

HOUSING SOLUTIONS FOR THE SOUTHWEST INC

Tax-exempt · DURANGO, CO 81303

Financials

$2.7M$2.3M2023
Revenue Expenses · by fiscal year end
Financials of HOUSING SOLUTIONS FOR THE SOUTHWEST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990 (amended)$2,732,646$2,294,721$437,925$9,692,404$430,823$9,261,581
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$1,980,765
of which government grants
$1,725,704
Program service revenue
$726,130
Investment income
$10,690
Other revenue
$15,061

Expenses

Grants and similar amounts paid
$230,081
Compensation of officers, directors and key employees
$138,939
Other salaries and wages
$983,395
Salaries, compensation and benefits (total)
$1,335,223
Professional fundraising fees
$0
Occupancy
$24,733
Travel
$17,701
Depreciation
$43,006
Program services (functional)
$2,022,584
Management and general (functional)
$269,166
Fundraising (functional)
$2,971

Balance sheet and other

Total assets, start of year
$9,364,817
Total assets, end of year
$9,692,404
Total liabilities, end of year
$430,823
Net assets, end of year
$9,261,581
Land, buildings and equipment
$547,827
Net assets without donor restrictions
$7,030,785
Net assets with donor restrictions
$2,230,796
Gross receipts
$2,732,646
Employees
27
Volunteers
14
Year formed
1981
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ELIZABETH SALKINDEXECUTIVE DI
Officer
40$134,173$4,766
RJ RIEGERCHAIR
Trustee or director, Officer
1$0$0
SHELLEY LOWVICE CHAIR
Trustee or director, Officer
1$0$0
JIM BOLENPAST CHAIR/S
Trustee or director, Officer
1$0$0
SCOTT FETCHENHIERDIRECTOR
Trustee or director
1$0$0
STEVE GARCHARDIRECTOR
Trustee or director
1$0$0
BETH KREMERDIRECTOR
Trustee or director
1$0$0
KENT LINDSAYDIRECTOR
Trustee or director
1$0$0
JADDIS MARTINDIRECTOR
Trustee or director
1$0$0
MARIANNE MATEDIRECTOR
Trustee or director
1$0$0
LUCY MULVIHILLDIRECTOR
Trustee or director
1$0$0
TODD PARISIDIRECTOR
Trustee or director
1$0$0
MATT SALKADIRECTOR
Trustee or director
1$0$0
ALISA SCHULTZDIRECTOR
Trustee or director
1$0$0
JESSICA THURMANDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
295 GIRARD ST STE A, DURANGO, CO 81303-6828
Principal officer (990 for 2023)
ELIZABETH SALKIND, 295 GIRARD ST, DURANGO, CO 81303
Signed the 990
ELIZABETH SALKIND, EXECUTIVE DIRECTOR
Phone
(970) 259-1086
Return prepared by
JDS PROFESSIONAL GROUP

Mission

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.

990 for the year ended December 31, 2023

Program accomplishments

  • 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).
    Expenses $495,993 · revenue $58,983
  • 2)HOME REHAB & REVOLVING LOAN FUND: THE HOMEOWNER REHABILITATION PROGRAM PROVIDES LOW TO NO-INTEREST LOANS TO LOW-INCOME HOMEOWNERS TO MAKE HEALTH AND SAFETY REPAIRS TO THEIR HOMES RESULTING IN PRESERVATION OF AFFORDABLE HOUSING, SUCH AS ROOF REPLACEMENT, WINDOW REPLACEMENT, FLOORING REPAIR/REPLACEMENT, BATHROOM REPAIR, SEPTIC REPLACEMENT, AND SEWER REPAIRS, E.G. THE PROGRAM SERVES HOMEOWNERS LOCATED IN ARCHULETA, DOLORES, LA PLATA, MONTEZUMA AND SAN JUAN COUNTIES IN THE SOUTHWEST REGION OF COLORADO.
    Expenses $359,359 · grants $4,416 · revenue $78,179
  • 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.
    Expenses $330,548 · grants $132,464
  • RENTAL ASSISTANCE & TENANT SUPPORT 305,353 COVID 19 EMERGENCY ASST 37,239 HOME & HEATING REPAIR 99,852 HOUSING VOUCHER MANAGEMENT 146,529 ESPERO PSH 247,711
    Expenses $836,684 · grants $93,201 · revenue $588,968

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-0853925
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,692,404
Income (IRS master file)
$2,732,646

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$2,732,646$2,294,721$9,692,404XML
990December 2022$2,111,698$1,978,849$9,364,817IRS
990December 2021–––IRS
990December 2020–––IRS
990April 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-0853925).

Questions about HOUSING SOLUTIONS FOR THE SOUTHWEST INC

What is the EIN of HOUSING SOLUTIONS FOR THE SOUTHWEST INC?
The employer identification number (EIN) of HOUSING SOLUTIONS FOR THE SOUTHWEST INC is 84-0853925.
Is HOUSING SOLUTIONS FOR THE SOUTHWEST INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to HOUSING SOLUTIONS FOR THE SOUTHWEST INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOUSING SOLUTIONS FOR THE SOUTHWEST INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HOUSING SOLUTIONS FOR THE SOUTHWEST INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOUSING SOLUTIONS FOR THE SOUTHWEST INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of HOUSING SOLUTIONS FOR THE SOUTHWEST INC?
The 990 for the year ended December 31, 2023 names ELIZABETH SALKIND.
Who are the officers and directors of HOUSING SOLUTIONS FOR THE SOUTHWEST INC?
The 990 for the year ended December 31, 2023 lists 15 people; 1 received compensation from the organization, the highest $134,173 (ELIZABETH SALKIND, EXECUTIVE DI).
How much revenue does HOUSING SOLUTIONS FOR THE SOUTHWEST INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $2,732,646, expenses of $2,294,721 and total assets of $9,692,404 at year end.

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