NonprofitsSouthwest Economic Solutions

Human Services

Southwest Economic Solutions

DETROIT, MI

Total revenue

$3.4M

Total expenses

$3.7M

Net assets

$1.2M

Grants received

$13.3M

76 grants

EIN

462252476

Tax year

2023

Mission

Southwest economic solutions d/b/a miside wealth (miwealth) mission is to provide opportunities for individuals and families to achieve greater economic success.

Financials

FY 2023

Revenue

Contributions & grants$3.3M
Program service revenue$56K
Investment income$9K
Other revenue$1K
Total revenue$3.4M

Expenses

Grants paid
Salaries & benefits$2.2M
Fundraising
Other expenses$1.6M
Total expenses$3.7M
Total assets$1.7M
Net assets$1.2M

People

15 listed

NameRoleCompensation

HECTOR HERNANDEZ

EXECUTIVE DIRECTOR - MIWEALTH

Board

$184K

35.5 hrs/wk

NAHEED HUQ

CHAIR

Board

0.25 hrs/wk

CLAIRE LIENING

VICE CHAIR

Board

0.25 hrs/wk

AKIL ALVIN

DIRECTOR

Board

0.25 hrs/wk

ANGELA BALDWIN

DIRECTOR

Board

0.25 hrs/wk

CHERYL MUNDAY

DIRECTOR

Board

0.25 hrs/wk

DAN MARTINEZ

DIRECTOR

Board

0.25 hrs/wk

DON JONES

DIRECTOR

Board

0.25 hrs/wk

ERIC DORSEY

DIRECTOR

Board

0.25 hrs/wk

MICHAEL WENDT

DIRECTOR

Board

0.25 hrs/wk

PATRICK BROWN

DIRECTOR

Board

0.25 hrs/wk

SEAN DE FOUR

PRESIDENT & CEO

Board

3.75 hrs/wk

STEPHAN VIVITSKY

DIRECTOR

Board

0.25 hrs/wk

MICHELLE R SHERMAN

COO & CFO

Board

1.88 hrs/wk

KAREN GOVEN

DIRECTOR OF WORKFORCE DEVELOPMENT

Staff

$102K

37.5 hrs/wk

Grants received

Showing 76 of 76

FromAmountPurposeYear
$123K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$113K
SOUTHWEST ECONOMIC SOLUTIONS (SWES): YOUTH ENRICHMENT AND EDUCATION FOR SUCCESS!
2023
$101K
PASS THROUGH GRANT FUNDING
2023
$100K
GENERAL SUPPORT
2023
$79K
OST TRANSITION SUPPORT
2023
$50K
SWES HOMEOWNERSHIP ASSISTANCE AND STABILITY PROGRAM
2023
$40K
FORD RESOURCES AND ENGAGEMENT CENTERS
2023
$39K
GRANTS
2023
$6K
LITERACY PROGRAMS
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$100
PROGRAM/OPERATING SUPPORT
2023
$150K
YOUTH ENRICHMENT AND EDUCATION FOR SUCCESS!
2022
$123K
IN SUPPORT OF FINANCIAL HEALTH
2022
$100K
GENERAL SUPPORT
2022
$70K
PASS THROUGH PAYMENTS
2022
$50K
SWES Homeownership Assistance and Stability Program
2022
$50K
provide support to the Earn + Learn workforce development project that trains, places and maintains participatory youth in employment in Detroit, Michigan
2022
$40K
FORD RESOURCES AND ENGAGEMENT CENTERS
2022
$25K
PROGRAM/OPERATING SUPPORT
2022
$20K
TRUSTEE DESIGNATED GRANT
2022
$20K
2022 WELLNESS WORKS YOUTH PROVIDER WELLNESS GRANT
2022
$13K
GRANTS
2022
$7K
CHARITABLE DONATION
2022
$5K
PASS THROUGH FUNDING - NWA
2022
$5K
EDUCATIONAL CAREER NAVIGATOR
2022
$917K
PAYMENTS FOR EMPLOYMENT AND TRAINING PROGRAMS
2021
$350K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2021
$150K
increase access to career pathways for Detroit residents who are long-term unemployed and/or who face multiple barriers to equitable quality employment through education and technical training
2021
$100K
GENERAL SUPPORT
2021
$75K
GRANT TO SUPPORT EQUITABLE COACHING ACCESS AND CAREER NAVIGATION PATHWAYS FOR JOB SEEKERS.
2021
$68K
PASS THROUGH GRANT FUNDING
2021
$39K
PASS THROUGH FUNDING - NWA
2021
$32K
CHARITABLE DONATION
2021
$20K
Integrated Approach to First Time Homebuyer Development
2021
$15K
GRANTS
2021
$3K
MARATHON DETROIT REFINERY'S 10TH ANNUAL MOTOR CITY GOLF CLASSIC
2021
$975K
PAYMENTS FOR EMPLOYMENT AND TRAINING PROGRAMS
2020
$350K
increase access to career pathways for Detroit residents who are long-term unemployed and/or who face multiple barriers to equitable quality employment through education and technical training
2020
$131K
SMALL BUSINESS LOAN RELIEF PROGRAM
2020
$48K
PASS THROUGH FUNDING - NWA
2020
$26K
GENERAL OPERATING SUPPORT
2020
$10K
COMMUNITY NEEDS
2020
$10K
SOUTHWEST ECONOMIC SOLUTIONS: DIGITAL INCLUSION PROJECT
2020
$7K
CHARITABLE DONATION
2020
$900K
encourage neighborhood-based small business development and the creation of new quality jobs for Detroit residents by strengthening and expanding entrepreneurship training, technical assistance and micro-lending opportunities through partnerships with community-based organizations
2019
$890K
PAYMENTS FOR EMPLOYMENT AND TRAINING PROGRAMS
2019
$350K
increase access to career pathways for Detroit residents who are long-term unemployed and/or who face multiple barriers to equitable quality employment through education and technical training
2019
$63K
PASS THROUGH FUNDING - NWA
2019
$63K
PASS THROUGH FUNDING - NWA
2019
$33K
GRANTS
2019
$141
GENERAL OPERATING SUPPORT
2019
$500K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2018
$23K
GRANTS
2018
$21K
LAW-RELATED EDUCATION
2018
$1M
encourage neighborhood-based small business development and the creation of new quality jobs for Detroit residents by strengthening and expanding entrepreneurship training, technical assistance and micro-lending opportunities through partnerships with community-based organizations
2017
$850K
provide holistic solutions in workforce preparation, employer services and job placement/retention for Detroit residents who are long-term unemployed and/or who face multiple barriers to equitable quality employment, including high school drop-outs, single parents, returning citizens and others
2017
$65K
PASS THROUGH GRANT FUNDING
2017
$50K
COMMUNITY INVESTMENT
2017
$25K
TO PILOT FINANCIAL COUNSELING FOR PEOPLE AT RISK OF FORECLOSURE
2017
$15K
GRANTS
2017

Funded by

$13.3M from 24 funders · 76 grants · 2017–2024

Detroit Employment Solutions Corporation

$4.1M · 5 grants · 2019–2023

WK Kellogg Foundation

$3.6M · 7 grants · 2017–2022

United Way For Southeastern Michigan

$1.5M · 7 grants · 2017–2023

Jpmorgan Chase Foundation

$1.1M · 6 grants · 2018–2024

Local Initiatives Support Corporation

$688K · 4 grants · 2020–2024

National Community Reinvestment

$386K · 3 grants · 2022–2024

The Skillman Foundation

$361K · 4 grants · 2022–2023

Southwest Counseling Solutions

$300K · 3 grants · 2021–2023

Details

EIN462252476
NTEE codeP51
Subsection03
Ruling date2014-10
Formed2013
Employees49
Volunteers20
SOUTHWEST ECONOMIC SOLUTIONS — Mission, Financials & Grants Received | Grantivo