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Southwestern Regional Housing and Community Development Corporation
Southwestern Regional Housing and Community Development Corporation
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About this organization
Mission
The mission of the Southwestern Regional Housing and Community Development Corporation (SRHCDC) is to provide affordable housing and housing resources to low and moderate income residents in Luna, Hidalgo, Catron, Grant and Sierra counties, to promote cooperation of organizations in advancing affordable housing, to promote debt management and credit counseling to low and moderate income individuals and families. SRHCDC identifies areas of housing needs within the community and actively seeks out and implements solutions
About
SRHCDC has recently become a HUD housing agency, and member of NCLR (National Councilor La Raza). We received a counseling grant from NCLR and became a self-help housing provider. Construction of self-help homes began in this fiscal year. SRHCDC started a rental assistance program and became a HUD certified organization.
Interesting data from their 2019 990 filing
The filing sets forth the mission of the non-profit as “The mission of the southwestern regional housing and community development corporation (srhcdc)is to provide affordable housing and housing resources to low and moderate income residents in luna, hidalgo, catron, grant and sierra counties, to promote cooperation of organizations in advancing affordable housing, to promote debt management and credit counseling to low and moderate income individuals and families. srhcdc identifies areas of housing needs within the community and actively seeks out and implements solutions”.
When detailing its responsibilities, they were listed as: “The mission of the southwestern regional housing and community development corporation (srhcdc)is to provide affordable housing and housing resources to low and moderate income residents in luna, hidalgo, catron, grant and sierra counties, to promote cooperation of organizations in advancing affordable housing, to promote debt management and credit counseling to low and moderate income individuals and families. srhcdc identifies areas of housing needs within the community and actively seeks out and implements solutions”.
- The state in which the non-profit is legally permitted to operate is NM.
- The address of the non-profit for 2019 according to the filing is 109 E PINE STREET, DEMING, NM, 88030.
- The number of employees reported by the non-profit on their form as of 2019 is 25.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$21,086.
- The CEO compensation structure within the organization is based on a review and approval from a neutral party.
- The organization has 6 independent voting members.
- The organization was formed in 2001.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $770,495 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.
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