Form 990 for tax year 2022
Filed by HOUSING SOLUTIONS FOR THE SOUTHWEST INC.
Totals
- Total revenue
- $2,111,698
- Total expenses
- $1,978,849
- Contributions and grants received
- $1,415,211
- Grants paid
- $260,291
- Program service revenue
- $702,762
- Investment income
- $1,070
- Other revenue
- -$7,345
- Total assets, end of year
- $9,364,817
- Total liabilities, end of year
- $414,944
- Net assets or fund balances, end of year
- $8,949,873
- Program services expenses (Part IX)
- $1,734,675
- Management and general expenses
- $242,937
- Fundraising expenses
- $1,237
- Program service expenses (Part III)
- $1,734,675
Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$906,684
-
1f · All other contributions, gifts and grants
$508,527
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $548,774 · related or exempt $548,774
-
2b · Program service revenue: LOW INCOME HOUSING RENT
total $80,625 · related or exempt $80,625
-
2c · Program service revenue: LOW INCOME HSG INTEREST
total $73,363 · related or exempt $73,363
-
3 · Investment income
total $1,070 · excluded $1,070
-
11a · Other revenue: MISCELLANEOUS INCOME
total $70,420 · related or exempt $70,420
-
11b · Other revenue: SWHR -LOSS ON INVESTMENT
total -$77,765 · related or exempt -$77,765
-
11e · Other revenue, total
-$7,345
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $87,782 · program services $87,782
-
2 · Grants to domestic individuals
total $172,509 · program services $172,509
-
5 · Compensation of officers, directors and key employees
total $123,491 · program services $111,712 · management and general $11,779
-
7 · Other salaries and wages
total $841,671 · program services $761,868 · management and general $79,803
-
8 · Pension plan contributions
total $21,440 · program services $19,232 · management and general $2,208
-
9 · Other employee benefits
total $84,055 · program services $75,398 · management and general $8,657
-
10 · Payroll taxes
total $76,349 · program services $68,485 · management and general $7,864
-
11g · Fees: other
total $240,897 · program services $212,901 · management and general $27,485 · fundraising $511
-
12 · Advertising and promotion
total $669 · program services $669
-
13 · Office expenses
total $26,026 · program services $17,383 · management and general $8,378 · fundraising $265
-
14 · Information technology
total $14,399 · program services $12,919 · management and general $1,468 · fundraising $12
-
16 · Occupancy
total $27,371 · program services $25,687 · management and general $1,684
-
17 · Travel
total $10,849 · program services $9,719 · management and general $1,130
-
20 · Interest
total $10,033 · management and general $10,033
-
22 · Depreciation, depletion and amortization
total $39,339 · program services $37,844 · management and general $1,495
-
23 · Insurance
total $28,149 · program services $24,444 · management and general $3,699 · fundraising $6
-
24a · Other expenses: REPAIRS & MAINT
total $75,008 · program services $9,601 · management and general $65,407
-
24b · Other expenses: CONSTRUCTION MATERIALS
total $67,444 · program services $67,425 · management and general $19
-
24c · Other expenses: TAXES & DUES
total $22,967 · program services $12,506 · management and general $10,018 · fundraising $443
-
24d · Other expenses: NON CAP REPAIRS & RENTALS
total $6,973 · program services $5,463 · management and general $1,510
-
24e · All other expenses
total $1,428 · program services $1,128 · management and general $300
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $524,793 · end of year $580,270
-
2 · Savings and temporary cash investments
beginning of year $1,171,862 · end of year $1,296,358
-
3 · Pledges and grants receivable
beginning of year $361,018 · end of year $347,811
-
4 · Accounts receivable
beginning of year $397,840 · end of year $269,206
-
7 · Other notes and loans receivable
beginning of year $3,021,410 · end of year $3,043,224
-
8 · Inventories for sale or use
beginning of year $1,786 · end of year $6,413
-
9 · Prepaid expenses and deferred charges
beginning of year $10,580 · end of year $17,344
-
10a · Land, buildings and equipment: cost or other basis
$1,295,323
-
10b · Land, buildings and equipment: accumulated depreciation
$694,892
-
10c · Land, buildings and equipment, net
beginning of year $614,585 · end of year $600,431
-
13 · Investments: program-related
beginning of year $2,114,755 · end of year $2,036,990
-
15 · Other assets
beginning of year $1,037,553 · end of year $1,166,770
-
17 · Accounts payable and accrued expenses
beginning of year $231,684 · end of year $213,321
-
19 · Deferred revenue
beginning of year $14,186 · end of year $13,046
-
24 · Unsecured notes and loans payable
end of year $188,577
-
25 · Other liabilities
beginning of year $193,288
-
27 · Net assets without donor restrictions
beginning of year $6,784,137 · end of year $6,998,064
-
28 · Net assets with donor restrictions
beginning of year $2,032,887 · end of year $1,951,809
Mission and programs · 2022
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.
-
HOMELESS PREVENTION, RAPID & TRANSITIONAL HOUSING: THIS PROGRAM OF HSSW PROVIDES RENTAL ASSISTANCE AND SUPPORTIVE SERVICES THAT PROMOTE LONG-TERM STABILITY, AND CONNECT INDIVIDUALS AND FAMILIES TO COMMUNITY RESOURCES. TRANSITIONAL HOUSING SUPPORT IS PROVIDED AS WELL TO VICTIMS OF CRIME AND DOMESTIC VIOLENCE AND SEXUAL ASSAULT. STAFF SUPPORT CLIENTS WITH SELF- DIRECTED GOAL PLANNING; GOALS OF EDUCATION, CAREER, HEALTHY CHILD DEVELOPMENT, BUDGETING AND LIVABLE WAGE EMPLOYMENT CAN BE ACHIEVED WITH STABLE HOUSING IN PLACE.
Expenses $406,702 · Grants $38,975 · Revenue $80,625
-
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 $382,799 · Grants $254
-
COVID 19 EMERGENCY ASSISTANCE
Expenses $284,180 · Grants $171,857
-
HOUSING COUNSELING 215,799 HOME REHAB & REVOLVING LOAN FUND 179,262 HOME & HOUSING REPAIR 144,959 HOUSING VOUCHER MANAGEMENT 120,974
Expenses $660,994 · Grants $49,205 · Revenue $622,137
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Rj RiegerRJ RIEGER
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Shelley LowSHELLEY LOW
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jim BolenJIM BOLEN
PAST CHAIR/S
- Total calculated
- $0
- Hours/week
- 2
-
Julie BinghamJULIE BINGHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
John EganJOHN EGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Scott FetchenhierSCOTT FETCHENHIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Steve GarcharSTEVE GARCHAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Beth KremerBETH KREMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kent LindsayKENT LINDSAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jaddis MartinJADDIS MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Marianne MateMARIANNE MATE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Todd ParisiTODD PARISI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Matt SalkaMATT SALKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jessica ThurmanJESSICA THURMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kim WhiteKIM WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Elizabeth SalkindELIZABETH SALKIND
EXECUTIVE DI
- Total calculated
- $124,609
- From this org
- $116,066
- From related orgs
- $0
- Other
- $8,543
- Hours/week
- 40
-
Susan BanesSUSAN BANES
FINANCE DIRE
- Total calculated
- $93,376
- From this org
- $82,257
- From related orgs
- $0
- Other
- $11,119
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
HOUSING RESOURCES OF WESTERN CO
$41,580
RENT ASSISTANCE
-
MONTEZUMA COUNTY SENIOR CENTER
$31,742
SUPPORTIVE SERVICES
-
$10,000
EMERGENCY SVCS/OTHER
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
SOUTHWEST HORIZON RANCH LLLP
RENTAL RE · CO · 99.99% owned · share of income $782,611 · share of assets $4,425,378 · general or managing partner
-
ESPERO GP LLC
RENTALS · CO
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333179349311173
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.