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Neighborworks Southern Colorado

EIN 84-0747226 · Pueblo, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak48 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Mission: To empower communities with trusted resources for housing, financial support, small business lending, education, and stabilityVision: To promote thriving, vibrant, sustainable communities.Core Values: Purpose: Individuals, families, and communities at the heart of our work.Partnerships: Connecting communities, institutions, and leaders. Accountability: Personal responsibility. Ethical Principles: Integrity. Transparency. Moral Judgment, Actions.FairJustCelebrated

Income
$2.7 million
Spending
$3.9 million
Spent on programs
79%
Reserves
7 months of spending
Largest source of income
government grants, 62%
Employees
20
Volunteers
750
Highest pay
$123,358, coo (thru may 2025)

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 48 out of 100. Higher than 36% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.0 months of spending.

  • Debt

    5 of 20

    It owes 66% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 45% of income.

  • Income trend

    0 of 15

    Income fell 49% on the year before.

  • Spending floor

    15 of 15

    79% of spending went to programs and raising each dollar of donations cost 6 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $3.1 million spent. NeighborWorks Southern Colorado Impact Numbers October 1, 2025 - July 31, 2026:250 individuals accessed Financial Fitness Education, easing the stress of managing a budget.833 individuals participated in our First Time Homebuyer education - 21 were able to close on their first home.37 families avoided foreclosure by participating in our foreclosure mitigation program.4 families accessed Down Payment Assistance to purchase their home.19 families accessed Rehab Lending to address emergency and safety needs in their homes.6 small business secured lending to grow their business.145 Housing Choice Vouchers managed to provide stable housing for individuals

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1978.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.