Public Charity

SOUTHWESTERN REGIONAL HOUSING AND COMMUNITY DEVELOPMENT CORP

Based in DEMING, NM, SOUTHWESTERN REGIONAL HOUSING AND COMMUNITY DEVELOPMENT CORP operates as a Public Charity. The organization reported $3.0M in revenue, $3.1M in expenses, $1.6M in total assets for fiscal year 2025. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $469K.

EIN: 311788086 DEMING, NM Human Service Organizations NTEE: P20 Latest filing: 2025
Total Revenue$3.0M
Total Expenses$3.1M
Total Assets$1.6M
Grant Records7
Funding Total$469K
Filing Years2021–2025

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.

Where $100 goes at Southwestern Regional Housing and Community Development Corp

How Southwestern Regional Housing and Community Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$95
We exceeded contractual obligations on every weatherization contract
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

NEW MEXICO AFFORDABLE HOUSING CHARITABLE TRUST
2024
VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM
$150,635
NEW MEXICO AFFORDABLE HOUSING CHARITABLE TRUST
2023
VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM
$114,883
NEW MEXICO AFFORDABLE HOUSING CHARITABLE TRUST
2022
VETERAN'S REHABILITATION & MODIFICATOIN PILOT PROGRAM
$69,330
HOUSING ASSISTANCE COUNCIL
2019
PROJECT DEVELOPMENT
$24,000
UNIDOSUS
2017
GRANTS
$30,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

DIRECTOR Barbara Reedy
DIRECTOR Eric Roach
TREASURER Joanne Hethcox
DIRECTOR Kerena Barron
EXECUTIVE DI Veronika Molina

Officer compensation and complete director data available with membership.

Top Grant Purposes

Mental Health & Substance Abuse
$334,848 3 grants
General Support
$134,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.0M $3.1M $1.6M
2024 $3.5M $3.6M $1.7M
2023 $3.3M $3.2M $1.8M
2022 $2.5M $2.6M $2.0M
2021 $3.4M $3.2M $1.4M

Between 2021 and 2025, reported annual revenue declined from $3.4M to $3.0M (-11%), with total assets most recently reported at $1.6M.

Interactive year-over-year charts and full filing details available with membership.

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