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Southwestern Regional Housing And Community Development Corp

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

EIN: 311788086 ✦ Deming, NM ✦ Designated as a 501(c)(3)

Overview

What is Southwestern Regional Housing And Community Development Corp?

The Southwestern Regional Housing and Community Development Corp, situated in Deming, New Mexico, is a dedicated nonprofit organization. Their primary mission is to offer affordable housing and housing resources to low and moderate-income residents in Luna, Hidalgo, Canton, Grant, and Sierra Counties. To achieve this, they foster cooperation among organizations promoting affordable housing, promote debt management and credit counseling, and actively identify and address housing needs within their community, implementing suitable solutions. Recently, they have completed re-roofing projects for 78 low-income families, revamped their weatherization programs internally, and closed on 5 self-help homes. With a team of 22 employees, Southwestern Regional Housing and Community Development Corp is committed to enhancing living conditions for its community members.


Official website here: www.swnm.org

Is Southwestern Regional Housing And Community Development Corp legitimate?

Southwestern Regional Housing And Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwestern Regional Housing And Community Development Corp 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.

Here are some key statistics you may want to consider:

Executive Compensation: $85,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $762,066

For more financial information, click here


Official website here: www.swnm.org

What is the mission statement of Southwestern Regional Housing And Community Development Corp?

The Southwestern Regional Housing and Community Development Corp's mission is centered around providing affordable housing and related resources to individuals and families with low to moderate income. The organization aims to foster cooperation among various organizations to advance affordable housing initiatives. Additionally, it promotes debt management and credit counseling services to help low and moderate income individuals and families manage their finances better. The corporation identifies areas of housing needs within the community and actively seeks out and implements solutions to address these needs.


Official website here: www.swnm.org

Who is the CEO of Southwestern Regional Housing And Community Development Corp?

Veronika Molina is the Executive Di of Southwestern Regional Housing And Community Development Corp.


Official website here: www.swnm.org

What is the revenue of Southwestern Regional Housing And Community Development Corp?

Southwestern Regional Housing And Community Development Corp's revenue in 2022 was $2,490,469.


Official website here: www.swnm.org

Who are the executives of Southwestern Regional Housing And Community Development Corp and what are their salaries?

The average compensation at Southwestern Regional Housing And Community Development Corp during 2022 was $38,533. There are 22 employees at Southwestern Regional Housing And Community Development Corp.

Here are 5 key members and their salaries:

    Veronika Molina (Executive Di)
  • Compensation: $85,668
  • Related: $0
  • Other: $0

    • Kerena Barron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Hethcox (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Marrufo (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Montenegro (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.swnm.org

    Where can I find the form 990 for Southwestern Regional Housing And Community Development Corp?

    The Southwestern Regional Housing And Community Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.swnm.org

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

    Mission Statement of Southwestern Regional Housing And Community Development Corp

    The Southwestern Regional Housing and Community Development Corp, abbreviated as SRHCDC, is committed to providing affordable housing and related resources to low and moderate-income individuals and families residing in Luna, Hidalgo, Catrón, Grant, and Sierra Counties. This nonprofit organization aims to foster cooperation among various organizations, working together to advance affordable housing. In addition to this, SRHCDC emphasizes debt management and credit counseling services for those in the same income bracket. The corporation is proactive in identifying housing needs within the community and actively seeks out and implements solutions to address these issues.

    Impact

    This information is meant to be a general summary of Southwestern Regional Housing And Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Southwestern Regional Housing And Community Development Corp has made a significant impact in providing affordable housing and housing resources to low and moderate-income residents in Luna, Hidalgo, Catron, Grant, and Sierra counties. They have successfully re-roofed 78 homes for low-income families, revamped their weatherization programs internally, and closed on 5 single-family self-help homes. Their proactive approach in identifying areas of housing needs within the community and implementing solutions has positively impacted the lives of individuals and families in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,547
  • Program Service Revenue: $33,080
  • Gross Receipts: $2,553,976

    • Assets and Liabilities:
  • Total Assets: $1,975,787
  • Total Liabilities: $794,574
  • Net Assets: $1,181,213
  • Programs

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

    ADMINISTRATIVE FEES

    Revenue

    $33,080

    Organization Details

    Founding Year

    2001

    Principal Officer

    Veronika Molina

    Main Address

    109 E PINE STREET, DEMING, NM, 88030

    NTEE Category

    Code: P20 - Human services

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