HOUSING SOLUTIONS FOR THE SOUTHWEST Charity Report

Public IRS 990 nonprofit record

HOUSING SOLUTIONS FOR THE SOUTHWEST

EIN 84-0853925 · Home Improvement & Repairs (L81)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.02%of revenue went to mission work88.1% of expenses · Program services

0.11%of revenue went to fundraising0.1% of expenses

$102.90spent for every $100 of revenueSpending was higher than revenue this year.

9.85%of revenue went to management and office costs11.7% of expenses

$4.22in assets for every $1 spent this yearSome assets cannot be spent right away.

88.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $64,616 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $138,939 for ELIZABETH SALKIND (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,732,646

Mission workProgram services$2,022,58474.02% of revenue88.1% of expenses

ManagementOffice and general costs$269,1669.85% of revenue11.7% of expenses

FundraisingAsking for donations$2,9710.11% of revenue0.1% of expenses

Revenue left after expensesReported annual surplus$437,92516.03% of revenueShown in gray on the chart

Total expenses$2,294,72183.97% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 88.1% mission · 11.7% management · 0.1% fundraisingTotal expenses: 83.97% of revenue

2022Expense mix: 87.7% mission · 12.3% management · 0.1% fundraisingTotal expenses: 93.71% of revenue

2021Expense mix: 90.3% mission · 9.1% management · 0.6% fundraisingTotal expenses: 52.54% of revenue

2020Expense mix: 91.3% mission · 8.6% management · 0.0% fundraisingTotal expenses: 98.11% of revenue

2017Expense mix: 88.7% mission · 10.4% management · 0.9% fundraisingTotal expenses: 92.52% of revenue

2016Expense mix: 90.0% mission · 9.3% management · 0.7% fundraisingTotal expenses: 104.61% of revenue

2015Expense mix: 85.8% mission · 10.5% management · 3.7% fundraisingTotal expenses: 86.60% of revenue

Money in and money out

Revenue$2,230,105

Expenses$2,294,721

Annual shortfall $64,616 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,022,584 · 88.1% of expenses

Management and office costs$269,166 · 11.7% of expenses

Fundraising$2,971 · 0.1% of expenses

See all reported dollar amounts

Revenue$2,230,105

Expenses$2,294,721

Assets$9,692,404

Income$2,732,646

Contributions$1,980,765

Mission work (program services)$2,022,584

Fundraising$2,971

Grants given$341,661

Average grant$21,354

Management and general$269,166

Executive compensation (total)$102,367

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ELIZABETH SALKINDEXECUTIVE DI · 40 hrs/week $138,939Base $134,173 · Other $4,766

SUSAN BANESFINANCE DIRE · 40 hrs/week $94,257Base $82,267 · Other $11,990

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

ELIZABETH SALKINDEXECUTIVE DI

SUSAN BANESFINANCE DIRE

ALISA SCHULTZDIRECTOR

BETH KREMERDIRECTOR

JADDIS MARTINDIRECTOR

JESSICA THURMANDIRECTOR

JIM BOLENPAST CHAIR/S

KENT LINDSAYDIRECTOR

LUCY MULVIHILLDIRECTOR

MARIANNE MATEDIRECTOR

MATT SALKADIRECTOR

RJ RIEGERCHAIR

SCOTT FETCHENHIERDIRECTOR

SHELLEY LOWVICE CHAIR

STEVE GARCHARDIRECTOR

TODD PARISIDIRECTOR

About this charity

Recognized since: January 1982
Location: 295 GIRARD ST STE A, DURANGO, CO 81303-6828
County: La Plata
In care of: ELIZABETH SALKIND
Primary officer: ELIZABETH SALKIND, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(970) 259-1086

Filing and classification

Latest tax year: 2023
Tax period began: January 1, 2023
Return type: 990
Tax preparer: JDS PROFESSIONAL GROUP
NTEE classification: Home Improvement & Repairs (L81)
IRS tax category: Home Improvement & Repairs
Grant-giving organization: Yes