2024-07-24T13:35:34-04:00 2023-12-31 884174871 MANN ACCOUNTING & FRAUD SOLUTIONSLLC 9012 ANACAPA AVE NW ALBUQUERQUE NM 871212067 990 2023-01-01 311788086 SOUTHWESTERN REGIONAL HOUSING AND COMMUNITY DEVELOPMENT CORP SOUT 5755464181 109 E PINE STREET DEMING NM 88030 VERONIKA MOLINA EXECUTIVE DIRECTOR 5755464181 2024-07-25 true VERONIKA MOLINA 999009999 true ISAIAH A MANN P03106219 5055462027 2024-07-24 2023 2023-04-26 12:10:37Z VERONIKA MOLINA 109 E PINE STREET DEMING NM 88030 3271063 false X WWW.SWNM.ORG X 2001 NM 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. 3 3 20 0 2426467 2927357 33080 71494 3547 4637 27375 267575 2490469 3271063 0 0 993549 1005782 0 0 1624404 2170311 2617953 3176093 -127484 94970 1975787 1848042 794574 542513 1181213 1305529 X 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. false false 3022270 71494 WE ACCOMPLISHED OPENING A 3RD OFFICE IN ROSEWELL, NEW MEXICO, EXPANDED OUR HOME REHAB PROGRAM TO THE SOUTH EASTERN PARTS OF THE STATE.RECEIVED LAND DONATION. 3022270 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 26 0 20 true false false false false false false false false X 3 3 false false false false false false false true true false false false true true true true false true true false NM X GALINDO PATTERSON ASSOCIATES PA 5755460423 115 W HEMLOCK DEMING NM 88030 BARBARA REEDY DIRECTOR 2.00 X 0 0 0 JOANNE HETHCOX TREASURER 2.00 X 0 0 0 KERENA BARRON DIRECTOR 2.00 X 0 0 0 VERONIKA MOLINA EXECUTIVE DI 40.00 X 85906 0 0 85906 false false false 2815005 112352 47314 2927357 SOUTH CENTRAL COUNCIL OF GOVT 38178 38178 ADMINISTRATIVE FEES 33316 33316 71494 4637 4637 EMPLOYEE RETENTION CREDIT 256832 256832 OTHER 10743 10743 267575 3271063 339069 4637 85906 42953 42953 778670 708527 70143 59296 51539 7757 81910 71195 10715 602702 602702 309 309 19891 17289 2602 36344 31590 4754 69913 60768 9145 233402 233402 12440 12440 80208 75164 5044 HOME REHABILITATION 576795 576795 PROGRAM MATERIALS/ SUPPLI 460563 460563 REPAIRS AND MAINT. 26319 26319 OTHER 20760 20050 710 30665 30665 3176093 3022270 153823 0 665546 300124 209065 216290 24444 68356 137481 12390 14515 115776 91481 36735 24295 983695 1130893 1975787 1848042 157286 197010 637288 345503 794574 542513 X 1181213 1305529 1181213 1305529 1975787 1848042 94970 29346 X false true X true true true X 2385322 1470467 3255979 2426467 2880043 12418278 2385322 1470467 3255979 2426467 2880043 12418278 12418278 3715 3232 3231 3547 4637 18362 1909 12230 305753 319892 12756532 588265 0.97350 0.99740 X PART II, LINE 10 EMPLOYEE RETENTION CREDIT 256,833 SOUTH CENTRAL COUNCIL OF GOVERNMENT 38,178 OTHER 24,881 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 113832 89537 24295 1944 1944 24295 ADMIN FEE RECEIVABLE 326217 AHP NOTE RECEIVABLE 314890 RIGHT OF USE LEASE 193326 MATERIAL INVENTORY 167988 NOTE RECEIVABLE 100000 INTEREST RECEIVABLE 28472 1130893 LEASE LIABILITY 191944 CLIENT TRUST ACCOUNT 153559 345503 X 3271063 3271063 3271063 3176093 3176093 3176093 SCHEDULE D, PAGE 3, PART X SRHCDC ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE ORGANIZATION TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. AS OF DECEMBER 31, 2023, THERE WERE NO UNCERTAIN TAX POSITIONS NOTED. SRHCDC'S POLICY IS TO CLASSIFY INCOME TAX PENALTIES AND INTEREST, WHEN APPLICABLE, ACCORDING TO THEIR NATURAL CLASSIFICATION. UNDER THE STATUTE OF LIMITATIONS, SRHCDC'S TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR YEARS PRIOR TO 2020. X 1 47314 false false false FORM 990 - ORGANIZATION'S 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. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 IS GIVEN TO THE BOARD OF DIRECTORS TO REVIEW AND ACCEPTANCE PRIOR TO IRS SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 12C POTENTIAL CONFLICTS OF INTEREST ARE REQUIRED TO BE REPORTED TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES ARE REVIEWED AND APPROVED DURING THE BUDGET PROCESS. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES ARE REVIEWED AND APPROVED DURING THE BUDGET PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.