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Southwest Neighborhood Housing Svcs

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 310875532 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is Southwest Neighborhood Housing Svcs?

Southwest Neighborhood Housing Services is a nonprofit organization situated in Albuquerque, New Mexico. Their primary mission is to aid low-income families in securing housing, as well as improving their credit to make homeownership more attainable. To accomplish this, they administer a rental program with funding from the HUD in Clovis, New Mexico. Their work encompasses providing housing assistance and credit repair services to the underprivileged community.


Official website here: www.nhsofalb.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86%, Three-Star out of Four Star rating.

Southwest Neighborhood Housing Services has achieved a solid score of 86%, reflecting its strong commitment to accountability and finance. The rating is based solely on the Accountability & Finance beacon, indicating that the organization operates with a high level of transparency and responsible financial management. Notably, the charity has a fully independent board and has demonstrated no material diversion of assets.

Strengths highlighted in the evaluation include a robust governance structure, with all board members being independent. The organization also scores well in key areas such as having its tax form listed on its website and maintaining proper documentation of board meeting minutes. However, it was noted that the organization is missing a whistleblower policy and a document retention and destruction policy, which could affect its overall governance practices.

Overall, while Southwest Neighborhood Housing Services demonstrates strong financial health and governance, addressing the absence of certain policies could further strengthen its operations and community trust.


This AI summary has been generated from information found on Charity Navigator.

Is Southwest Neighborhood Housing Svcs legitimate?

Southwest Neighborhood Housing Svcs is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Neighborhood Housing Svcs submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nhsofalb.org

What is the mission statement of Southwest Neighborhood Housing Svcs?

Southwest Neighborhood Housing Services is committed to assisting low-income families in their journey towards homeownership. They provide aid in repairing credit, which is a crucial step towards securing a mortgage. Their primary mission is to help these families obtain housing, fostering stability and improved living conditions. The organization also administers a rental program, funded by a HUD grant, in Clovis, New Mexico.


Official website here: www.nhsofalb.org

What is the revenue of Southwest Neighborhood Housing Svcs?

Southwest Neighborhood Housing Svcs's revenue in 2024 was $82,179.


Official website here: www.nhsofalb.org

Who are the executives of Southwest Neighborhood Housing Svcs and what are their salaries?

Here are 4 key members and their salaries:


Thomas Yu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antoinette Quinones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Lopez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Garcia (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nhsofalb.org

Where can I find the form 990 for Southwest Neighborhood Housing Svcs?

Southwest Neighborhood Housing Svcs's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.nhsofalb.org

Learn more at the official website: www.nhsofalb.org

Mission Statement of Southwest Neighborhood Housing Svcs

Southwest Neighborhood Housing Services is committed to aiding low-income families in their pursuit of secure housing. Beyond this, the organization also focuses on improving the credit standing of these families, thereby enabling them to eventually purchase homes. In essence, Southwest Neighborhood Housing Services serves as a catalyst, providing the necessary assistance and resources for low-income families to secure housing and establish financial stability. The organization's efforts are further supported by a HUD grant, which is utilized in administering a rental program in Clovis, New Mexico.

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Impact




August, 2024

Southwest Neighborhood Housing Services has a significant impact on low-income families in Albuquerque, NM. By providing housing assistance and helping families repair their credit, they enable these individuals to secure affordable housing and work towards homeownership. Their work not only improves the living conditions of these families but also empowers them to build a more stable and prosperous future. Additionally, their administration of rental programs, supported by HUD grants, in locations like Clovis, NM, further expands their reach and impact in addressing housing needs within the community.




This information is meant to be a general summary of Southwest Neighborhood Housing Svcs. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$82,179 (2024)
Expenses
$71,510 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $82,179
  • Gross Receipts: $82,179

Assets and Liabilities:

  • Total Assets: $462,608
  • Total Liabilities: $87,915
  • Net Assets: $374,693

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Service Fees

Revenue

$82,179

Organization Details

Founding Year

1975

Principal Officer

Leonard Lopez

NTEE Category

Code: L80Z - Housing

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