Southwest Housing Development Corp EIN 72-1114730

Southwest Housing Development Corp

EIN  72-1114730 Public charity (501(c)(3)) Crowley, LA Founded 1987
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides clean, comfortable, and affordable housing for those in need.
Leadership
Bonji Arvie · President
Money in and out
$360K revenue, $365K expenses
Bottom line
88% program efficiency

Provides clean, comfortable, and affordable housing for those in need. For fiscal year 2025 it reported $360K in revenue, $365K in expenses, and $-52K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$360K
Pt VIII · Ln 12
Total expenses
$365K
Pt IX · Ln 25
Net assets
$-52K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
4.6mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▲ +88% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$360K
FY2025▲ +7%
Expenses
$365K
FY2025▼ -2%
Total assets
$610K
FY2025▼ -5%
Total liabilities
$662K
FY2025▼ -4%
Total revenue
$360K
Pt VIII · Ln 12
Total expenses
$365K
Pt IX · Ln 25
Net assets
$-52K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$4K
Total assetsPt X · Ln 16$610K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $321K of program spending, described in the organization's own filed words · FY2025.
01

We provide clean, comfortable, affordable housing to qualified low income residents.

$321Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSouthwest Housing Development Corp
EINHdr · item D72-1114730
Principal addressHdr · item CCrowley, LA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1987
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1988

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretarty/T
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$360K
Investment income$286
Total revenueLn 12$360K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$321K
Management & general12%$43K
Total functional expensesLn 25$365K

Balance Sheet

Part X · end of year
CashLn 1$141K
Total assetsLn 16$610K
Total liabilitiesLn 26$662K
Total net assetsLn 32$-52K
Months of cash on handcomputed4.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $141K · Operating expenses/yr $365K
4.6 months
Where the money goes
Program services
Program services $321K · Total expenses $365K
88%
Management & General
Management & general $43K · Total expenses $365K
12%
Fundraising
Fundraising $0 · Total expenses $365K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $360K
0%
Government reliance
Government grants — · Total revenue $360K
Earned-income share
Program service revenue $360K · Total revenue $360K
100%
Investment reliance
Investment income $286 · Total revenue $360K
0%
Program self-sufficiency
Program service revenue $360K · Total expenses $365K
99%
Growth & trend
Revenue growth (YoY)
This year $360K · Prior year $338K
+7%
Revenue CAGR
FY2020 $333K · FY2025 $360K
+2%
Net-asset trend (YoY)
End of year $-52K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $360K · Expenses $365K
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $610K
Net-asset ratio
Net assets $-52K · Total assets $610K
-9%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $610K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bonji Arvie · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $365K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $86K · Total expenses $365K
23%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Revenue growth 7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$360K revenue · viewing · ⤓ 990 PDF
FY2024$338K revenue · ⤓ 990 PDF
FY2023$351K revenue · ⤓ 990 PDF
FY2022$338K revenue · ⤓ 990 PDF
FY2021$340K revenue · ⤓ 990 PDF
FY2020$333K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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