NonprofitsFirst Southwest Community Fund

Human Services

First Southwest Community Fund

DURANGO, CO

Total revenue

$1.5M

Total expenses

$1.6M

Net assets

$2.8M

Grants received

$1.5M

22 grants

EIN

473061703

Tax year

2024

Mission

First Southwest Community Fund supports the dedicated entrepreneurial spirit of rural Colorado, by investing in the people, culture and ideas that fuel innovation and financial knowledge in our community, with an emphasis on areas of greatest need.

Financials

FY 2024

Revenue

Contributions & grants$936K
Program service revenue
Investment income$601K
Other revenue
Total revenue$1.5M

Expenses

Grants paid
Salaries & benefits$542K
Fundraising
Other expenses$1.1M
Total expenses$1.6M
Total assets$22.8M
Net assets$2.8M

People

11 listed

NameRoleCompensation

ROSAURA MCDONOUGH

Executive Dir.

Board

$146K

40 hrs/wk

KENT CURTIS

President

Board

2 hrs/wk

CHRISTIE SPEARS

Secretary

Board

1 hrs/wk

JOSEPH DESROSIERS

Director

Board

1 hrs/wk

ERIN KECK

Director

Board

1 hrs/wk

SONIA PEREZ

Director

Board

1 hrs/wk

BEATRIZ GARCIA WADDELL

Director

Board

1 hrs/wk

MARCO G LUCERO

Director

Board

1 hrs/wk

JASON MEDINA

Treasurer

Board

2 hrs/wk

KRISTY ESQUIBEL

Director

Board

1 hrs/wk

SHERRY WANER

Director

Board

1 hrs/wk

Grants received

Showing 22 of 22

FromAmountPurposeYear
$150K
STRENGTHEN COMMUNITY HEALTH
2023
$50K
TO SUPPORT OPERATIONS AND MANAGEMENT OF LOAN FUNDS FOR UNDERSERVED BUSINESSES.
2023
$50K
PROJECT SUPPORT
2023
$400K
INCREASE ACCESS TO FUNDING AND TECHNICAL ASSISTANCE FOR IMMIGRANT ENTREPRENEURS IN RURAL COLORADO
2022
$150K
STRENGTHEN COMMUNITY HEALTH
2022
$50K
to support operations and management of loan funds
2022
$50K
PROJECT SUPPORT
2022
$10K
GENERAL OPERATING SUPPORT
2022
$10K
WOMEN AND GIRLS OF COLOR FUND
2022
$10K
FUND ECONOMIC DEVELOPMNT IN DISTRESED COMMUNITIES
2022
$10K
FUND ECONOMIC DEVELOPMNT IN DISTRESED COMMUNITIES
2022
$8K
General operating support to provide entrepreneurs and small business owners with the assets and financial knowledge needed to thrive.
2022
$15K
GENERAL OPERATIONS
2021
$15K
Technical assistance grant
2021
$8K
Durango Creative Districts Art Markets in 2021
2021
$5K
Project Support
2021
$1K
2021 NELP Contribution
2021
$300K
General Operating
2020
$125K
STRENGTHEN COMMUNITY HEALTH
2020
$50K
Program-related Investment
2020
$50K
General operating support
2020
$25K
OPERATIONS
2018

Funded by

$1.5M from 13 funders · 22 grants · 2018–2023

The Colorado Health Foundation

$425K · 3 grants · 2020–2023

Impactassetsinc

$400K · 1 grant · 2022

The Colorado Trust

$300K · 1 grant · 2020

Gates Family Foundation

$155K · 4 grants · 2020–2023

Zoma Foundation Inc

$150K · 3 grants · 2020–2023

Telluride Foundation

$25K · 1 grant · 2018

Dakota Foundation Dtd 122997

$20K · 2 grants · 2022

Kenneth Kendal King Foundation

$15K · 1 grant · 2021

Details

EIN473061703
NTEE codeP20
Subsection03
Ruling date2015-06
Formed2015
Employees8
FIRST SOUTHWEST COMMUNITY FUND — Mission, Financials & Grants Received | Grantivo