Overview
What is Housing Solutions For The Southwest?
Housing Solutions for the Southwest is a nonprofit organization situated in Durango, Colorado, specifically at 295 Girard St. Their primary mission is to offer affordable housing solutions and services to communities in southwest Colorado. They provide essential assistance and support to individuals and families experiencing homelessness, as well as those who have been victims of crime, domestic violence, and sexual assault. Their program includes rental aid and supportive services, aiming to foster long-term stability while connecting clients to local resources. Their approach emphasizes self-directed goal planning, enabling clients to achieve objectives in education, careers, health, child development, budgeting, and securing livable wage employment. In summary, Housing Solutions for the Southwest is dedicated to offering help, hope, and a seamless system of affordable housing services to the communities they serve.
Official website here: www.swhousingsolutions.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Housing Solutions For The Southwest has achieved an impressive Four-Star rating from Charity Navigator, which reflects its strong performance in accountability and finance. The charity's overall score is based entirely on its excellent accountability measures, with a perfect score in key areas such as independent board governance and financial oversight.
The organization boasts a fully independent board composed of 15 members, demonstrating a commitment to transparency and effective governance. Furthermore, it has robust policies in place, including a conflict of interest policy and a whistleblower policy, which contribute to its high marks in accountability.
Financially, Housing Solutions For The Southwest shows a solid program expense ratio of 89.74%, indicating that a significant majority of its funds are directed towards its programs rather than administrative costs. With a low liabilities-to-assets ratio of 4.43%, the organization is in a strong financial position, ensuring sustainability and effective service delivery in the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Solutions For The Southwest legitimate?
Housing Solutions For The Southwest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Solutions For The Southwest 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: $123,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $841,671
For more financial information, click here
Official website here: www.swhousingsolutions.com
What is the mission statement of Housing Solutions For The Southwest?
Housing Solutions For The Southwest's mission is to lead the way in providing affordable housing services, offering help and hope to communities in southwest Colorado. Their mission is centered around establishing a seamless system that ensures long-term stability for individuals and families in need. This organization provides rental assistance and supportive services through homeless prevention and rapid/transitional housing programs. They also offer assistance to victims of crime, domestic violence, and sexual assault, providing them with transitional housing support. The staff at Housing Solutions For The Southwest helps clients in setting self-directed goals, such as education, career advancement, healthy child development, budgeting, and achieving livable wage employment, all with stable housing in place.
Official website here: www.swhousingsolutions.com
Who is the CEO of Housing Solutions For The Southwest?
Elizabeth Salkind is the Chair of Housing Solutions For The Southwest.
Official website here: www.swhousingsolutions.com
What is the revenue of Housing Solutions For The Southwest?
Housing Solutions For The Southwest's revenue in 2022 was $2,111,698.
Official website here: www.swhousingsolutions.com
Who are the executives of Housing Solutions For The Southwest and what are their salaries?
The average compensation at Housing Solutions For The Southwest during 2022 was $37,122. There are 26 employees and 15 volunteers at Housing Solutions For The Southwest.
Here are 17 key members and their salaries:
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- Compensation: $116,066
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- Compensation: $82,257
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Official website here: www.swhousingsolutions.com
Where can I find the form 990 for Housing Solutions For The Southwest?
Housing Solutions For The Southwest's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swhousingsolutions.com
Learn more at the official website: www.swhousingsolutions.com
Mission Statement of Housing Solutions For The Southwest
Housing Solutions for the Southwest, a nonprofit organization, is committed to making a significant impact in its communities in Southwest Colorado. Its mission is to spearhead efforts in providing assistance, hope, and a seamless network of affordable housing services. This mission is geared towards promoting stability and connecting individuals and families to essential community resources.
The organization's mission is carried out through various programs, one of which is focused on preventing homelessness. This program offers rental assistance and supportive services to help individuals and families establish long-term stability. Additionally, transitional housing support is provided to victims of crime, domestic violence, and sexual assault. Housing Solutions for the Southwest's dedicated staff works closely with clients, aiding them in setting self-directed goals. Goals such as education, career advancement, healthier child development, budgeting, and obtaining a livable wage employment can be achieved with stable housing as a foundation.
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Impact
July, 2024
The impact of Housing Solutions For The Southwest is significant in providing help, hope, and a seamless system of affordable housing services to communities in Southwest Colorado. Through their programs such as homeless prevention, rapid & transitional housing, they offer rental assistance and supportive services that lead to long-term stability for individuals and families. Additionally, they provide transitional housing support to victims of crime, domestic violence, and sexual assault, empowering them to achieve self-directed goals in areas such as education, career development, healthy child development, budgeting, and livable wage employment with stable housing in place. This organization plays a vital role in addressing housing insecurities and supporting vulnerable populations in Southwest Colorado.
This information is meant to be a general summary of Housing Solutions For The Southwest. 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: $1,070
- Program Service Revenue: $702,762
- Gross Receipts: $2,111,698
Assets and Liabilities:
- Total Assets: $9,364,817
- Total Liabilities: $414,944
- Net Assets: $8,949,873
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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
$548,774
LOW INCOME HOUSING RENT
Revenue
$80,625
LOW INCOME HSG INTEREST
Revenue
$73,363
Organization Details
Founding Year
1981
Phone
(970) 259-1086Principal Officer
Elizabeth Salkind
Main Address
295 GIRARD ST, DURANGO, CO, 81303
Website
www.swhousingsolutions.comNTEE Category
Code: L81 - Housing
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