Overview
What is Southwest Solutions Inc?
Southwest Solutions Inc, based in Detroit, Michigan, is a nonprofit organization that comprises three wholly owned subsidiaries: Southwest Counseling Solutions, Southwest Economic Solutions, and Southwest Housing Corporation. The board members of these entities are appointed by Southwest Solutions, with the organization's board serving as the governing body, responsible for budget approval, bylaw revisions, forming new companies, and acquiring capital exceeding $250,000. The primary mission of Southwest Solutions Inc is to improve the quality of life, success, and self-sufficiency of individuals and families in Detroit. The organization strives to achieve this by providing a range of services, including counseling, economic assistance, and housing solutions. By enhancing the lives of the Detroit community, Southwest Solutions Inc aims to foster a more prosperous and self-reliant society.
Official website here: www.swsol.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
Southwest Solutions Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 87%. This high rating is a result of strong performance in the Accountability & Finance category, indicating effective management of resources and a commitment to transparency. The organization has demonstrated strong governance practices, with a fully independent board and well-implemented policies surrounding financial oversight.
The charity excels in areas such as financial statements and conflict of interest policies, showing a robust structure designed to maintain accountability. A notable highlight is the absence of material diversion of assets, which contributes positively to its financial integrity. Furthermore, the organization shows a strong program expense ratio, signifying that a significant portion of its funds is directed towards its programs.
However, while the organization performs well in many aspects, the liabilities to assets ratio may suggest areas for improvement in financial stability. Overall, Southwest Solutions Inc stands out for its governance, transparency, and accountability in managing its resources, making it a reliable option for donors seeking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Solutions Inc legitimate?
Southwest Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Solutions Inc 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: $871,244
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,789,366
For more financial information, click here
Official website here: www.swsol.org
What is the mission statement of Southwest Solutions Inc?
Southwest Solutions Inc aims to improve the quality of life, success, and self-sufficiency of individuals and families. The organization operates through three subsidiaries: Southwest Counseling Solutions, Southwest Economic Solutions, and Southwest Housing Corporation. The board of Southwest Solutions, appointed by the parent company, is responsible for budget approvals, bylaw revisions, forming a new company, and acquiring capital exceeding $250,000. The mission of Southwest Solutions encompasses enhancing the overall well-being of those it serves, promoting self-reliance, and fostering a sense of success.
Official website here: www.swsol.org
Who is the CEO of Southwest Solutions Inc?
Sean De Four is the Ceo (Effective 03/2021) of Southwest Solutions Inc. The CEO's salary of Southwest Solutions Inc is $191,638 and their total compensation is $206,090.
Official website here: www.swsol.org
What is the revenue of Southwest Solutions Inc?
Southwest Solutions Inc's revenue in 2022 was $5,347,574.
Official website here: www.swsol.org
Who are the executives of Southwest Solutions Inc and what are their salaries?
The average compensation at Southwest Solutions Inc during 2022 was $57,839. There are 46 employees and 20 volunteers at Southwest Solutions Inc.
Here are 29 key members and their salaries (Southwest Solutions Inc's CEO's salary is $191,638 and their total compensation is $206,090):
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- Compensation: $191,638
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- Compensation: $174,747
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- Other: $16,201
- Compensation: $110,014
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- Compensation: $101,130
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- Compensation: $102,471
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- Other: $17,017
Official website here: www.swsol.org
Where can I find the form 990 for Southwest Solutions Inc?
Southwest Solutions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swsol.org
Learn more at the official website: www.swsol.org
Mission Statement of Southwest Solutions Inc
Southwest Solutions Inc, a non-profit organization, is dedicated to improving the quality of life, success, and self-sufficiency of individuals and families in Detroit. This mission is carried out through three main subsidiaries: Southwest Counseling Solutions, Southwest Economic Solutions, and Southwest Housing Corporation. The organization's board members, appointed by Southwest Solutions, oversee these subsidiaries, responsible for budget approvals, bylaw revisions, the formation of new companies, and capital acquisitions exceeding $250,000. In essence, Southwest Solutions Inc is a guiding force, working tirelessly to empower Detroit residents, fostering a path toward a more prosperous and independent life for all.
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Impact
June, 2024
Southwest Solutions Inc's impact can be seen in the significant enhancements it brings to the quality of life, success, and self-sufficiency of individuals and families in Detroit. Through its subsidiaries, such as Southwest Counseling Solutions, Southwest Economic Solutions, and Southwest Housing Corporation, this organization plays a crucial role in addressing various social issues and supporting the community's well-being. By providing services in areas such as mental health, economic empowerment, and housing stability, Southwest Solutions Inc positively affects the lives of many in Detroit, ultimately contributing to the overall growth and resilience of the city.
This information is meant to be a general summary of Southwest Solutions Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $510
- Program Service Revenue: $3,974,942
- Gross Receipts: $5,457,385
Assets and Liabilities:
- Total Assets: $1,608,378
- Total Liabilities: $979,243
- Net Assets: $629,135
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASO MANAGEMENT FEES
Revenue
$3,974,942
Organization Details
Founding Year
1985
Phone
(313) 841-8905Principal Officer
Sean De Four
Main Address
5716 MICHIGAN AVENUE 3000, DETROIT, MI, 48210
Website
www.swsol.orgNTEE Category
Code: F32 - Mental health
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