SOUTHWEST HOUSING PROVIDERS

EIN: 208197687 501(c)(3) Crime & Legal

DURANGO, CO

Total Revenue
$221,175
Total Expenses
$328,154
Total Assets
$1,726,039
Net Assets
$1,572,584
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CO
Principal Officer
CHERYL WILKINSON
Phone
9702591086
Tax Period
2024-05-01 to 2025-04-30

SOUTHWEST HOUSING PROVIDERS, founded in 2007, is a small nonprofit in the Crime & Legal sector that reported $221K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $328K exceeded revenue, resulting in a 48% operating deficit.

Mission

SOUTHWEST HOUSING PROVIDERS IS A BUILDING WITH 20 UNITS LOCATED IN PAGOSA SPRINGS, COLORADO AND IS CURRENTLY OPERATING UNDER THE NAME SOCORRO SENIOR LIVING. SOCORRO SENIOR LIVING ACCOMMODATES THE NEEDS OF SENIORS WHO ARE ABLE TO LIVE INDEPENDENTLY WITH OR WITHOUT SOME SUPPORTIVE SERVICES. COMMUNITY SPACES INCLUDE COIN OPERATED LAUNDRY FACILITIES, AND A TECHNOLOGY NICHE IN THE COMMUNITY ROOM. A SMALL OFFICE SPACE AND RESTROOM COMPLETES THE COMMON AREAS. THE COMMUNITY ROOM WILL PROVIDE SPACE FOR SOCIAL AND EDUCATIONAL ACTIVITIES, WHICH WILL FOSTER A SENSE OF FAMILY AND SUPPORT WITHIN THE PROJECT. ACTIVITIES WILL SEEK TO OVERCOME THE SOCIAL ISOLATION OFTEN ENCOUNTERED WITH SENIORS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $124,703
Program Service Revenue $96,439
Investment Income $33
Other Revenue $0
TOTAL REVENUE $221,175

Expense Breakdown

Grants Paid $0
Salaries & Benefits $102,788
Fundraising Expenses $0
Program Expenses $212,179
Other Expenses $225,366
TOTAL EXPENSES $328,154

Year-over-Year Comparison

2024 2023 Change
Revenue $221,175 $304,506 -0.3%
Expenses $328,154 $345,008 0.0%
Net Income $-106,979 $-40,502 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL WILKINSON CHAIR 1.00
Officer Director
$0 $0 $0
JADDIS MARTIN VICE CHAIR 1.00
Officer Director
$0 $0 $0
JIM BOLEN SEC/TREAS 1.00
Officer Director
$0 $0 $0
BERTHA ALANIZ BOARD MEMBER 1.00
Director
$0 $0 $0
SHELLEY LOW BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINA KNOELL - INACTIVE 121824 BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH SALKIND EXECUTIVE DI 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $221,175 $328,154 $1,726,039 $-106,979
2024 $304,506 $345,008 $1,889,863 $-40,502
2023 $167,640 $264,641 $1,893,398 $-97,001
2022 $140,617 $263,115 $1,979,520 $-122,498
2021 $136,270 $254,358 $2,086,979 $-118,088
2020 $134,498 $243,827 $2,193,801 $-109,329
2019 $132,210 $241,414 $2,296,546 $-109,204
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