NonprofitsSouthwest Housing Solutions Corporation

Southwest Housing Solutions Corporation

DETROIT, MI

Total revenue

$4.3M

Total expenses

$4.7M

Net assets

$24.0M

Grants received

$5.3M

20 grants

EIN

382324335

Tax year

2023

Mission

Southwest housing solutions d/b/a miside housing is recognized as a leader in developing & managing high-quality affordable apartments and townhouses for rent or homeownership. We provide opportunities for all residents to work together to help revitalize neighborhoods and improve the quality of life in the community. Our management team is experienced and bilingual, and committed to resident satisfaction.

Financials

FY 2023

Revenue

Contributions & grants$1.7M
Program service revenue$2.0M
Investment income$140K
Other revenue$505K
Total revenue$4.3M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising
Other expenses$3.4M
Total expenses$4.7M
Total assets$33.6M
Net assets$24.0M

People

14 listed

NameRoleCompensation

TIMOTHY THORLAND

EXECUTIVE DIRECTOR - SWHS

Board

$188K

35.5 hrs/wk

DIANA FRANCO

DIRECTOR (START 01/2024)

Board

0.25 hrs/wk

GEHAD ALAWAN

DIRECTOR

Board

0.25 hrs/wk

JUANITA HERNANDEZ

DIRECTOR (TERM 12/2023)

Board

0.25 hrs/wk

KEVIN OUTLAND

DIRECTOR (START 01/2024)

Board

0.25 hrs/wk

ALBERT FIELDS

CHAIR

Board

0.25 hrs/wk

STEVEN KOSUDA

DIRECTOR

Board

0.25 hrs/wk

SEAN DE FOUR

PRESIDENT & CEO

Board

7.5 hrs/wk

MICHELLE SHERMAN

COO & CFO

Board

3.75 hrs/wk

RON ROSE

DIRECTOR

Board

0.25 hrs/wk

VANESSA JOHNSON

VICE CHAIR

Board

0.25 hrs/wk

KATHRYN BRENNAN

SECRETARY

Board

0.25 hrs/wk

JANAY EISENMENGER

DIRECTOR OF REAL ESTATE DEVELOPMENT

Staff

$133K

37.5 hrs/wk

JENNIFER TUCK

HOUSING DIRECTOR OF OPERATIONS

Staff

$124K

35.5 hrs/wk

Independent contractors

SHELTER DESIGN

ARCHITECTURAL SERVICES

$284K

MCDOWELL & ASSOCIATES

CONSULTANTS

$120K

Grants received

Showing 20 of 20

FromAmountPurposeYear
$661K
HOUSING & SHELTER
2024
$190K
LOANS, GRANTS AND RESOURCE DEVELOPMENT
2024
$383K
PASS THROUGH GRANT FUNDING
2023
$240K
HOUSING & SHELTER
2023
$190K
COMMUNITY DEVELOPMENT FUND
2023
$10K
COMMUNITY DEVELOP.
2023
$180K
HOUSING & SHELTER PROGRAM
2022
$150K
PASS THROUGH GRANT FUNDING
2022
$115K
COMMUNITY DEVELOPMENT FUND
2022
$115K
CAPACITY BUILDING
2021
$8K
PASS THROUGH GRANT FUNDING
2021
$80K
$80K COVID RESPONSE
2020
$80K
COMMUNITY PRESERVATION AND DEVELOPMENT
2020
$55K
THIS GRANT PROVIDES PROJECTS SUPPORT TO SOUTHWEST HOUSING SOLUTIONS FOR ITS COMMUNITY DEVELOPMENT WORK IN CHADSEY-CONDON THROUGH THE COMMUNITY DEVELOPMENT ORGANIZATION OPERATING SUPPORT INITIATIVE.
2020
$13K
PROPERTY OWNER RENTAL RELIEF GRANT PROGRAM
2020
$10K
SMALL BUSINESS RELIEF
2020
$300K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2019
$15K
CAPACITY BUILDING
2019
$2.5M
STABILIZATION AND REDEVELOPMENT OF NEWBERRY ESTATES NEIGHBORHOOD, INCLUDING CREATING AND SUPPORTING HOME OWNERSHIP FOR 56 FAMILIES.
2018

Funded by

$5.3M from 10 funders · 20 grants · 2018–2024

Southwest Solutions Inc

$3.0M · 4 grants · 2018–2023

Community Foundation For Southeast

$1.1M · 3 grants · 2022–2024

Enterprise Community Partners Inc

$705K · 6 grants · 2019–2024

Jpmorgan Chase Foundation

$300K · 1 grant · 2019

The Kresge Foundation

$55K · 1 grant · 2020

Invest Detroit Foundation

$13K · 1 grant · 2020

Details

EIN382324335
Subsection03
Ruling date1989-02
Formed1989
Employees30
Volunteers21
SOUTHWEST HOUSING SOLUTIONS CORPORATION — Mission, Financials & Grants Received | Grantivo