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San Luis Valley Housing Coalition Inc

EIN 84-1245986 · Alamosa, CO

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

LegitimacyPassesRegistration and standingFinancial healthWeak26 out of 100GovernanceFair57 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF THE ORGANIZATION IS TO HELP ALL COMMUNITY MEMBERS OF THE SAN LUIS VALLEY FIND AND MAINTAIN SAFE AND AFFORDABLE HOUSING. THE ORGANIZATION PROVIDES SEVERAL PROGRAMS THAT HELP THE COMMUNITY MEMBERS FIND AND MAINTAIN SAFE, DECENT, AND AFFORDABLE HOUSING. HOUSING: HIGH VALLEY MANOR MULTIFAMILY RENT ASSISTED HOUSING, CASITA DE LA LUNA ELDERLY/DISABLED RENT ASSISTED HOUSING. BOTH USDA AND CDOH FUNDED WITH CASITA ALSO BEING POST-15-YEAR LIHTC. LOW-INTEREST LOAN PROGRAMS FROM SINGLE-FAMILY-OWNER-OCCUPIED HOME REHABILITATION (CDOH, CHFA, AND USDA FUNDED). MOBILE HOME PARK AND OTHER HOUSING UNITS: WE OPERATE A 185 LOT MOBILE HOME PARK AS A PRESERVATION PROJECT. WE PURCHASED AN ABANDONED SCHOOL FOR ADAPTIVE REUSE. WE PURCHASE AND MANAGE SINGLE-FAMILY HOMES AS AFFORDABLE HOUSING UNITS. DOWN PAYMENT ASSISTANCE (CDOH FUNDED). ADVOCACY/EDUCATION: TENANT ASSISTANCE (CO HEALTH FOUNDATION), FINANCIAL AND MAINTENANCE EDUCATION (CHFA FUNDED).

Income
$2.3 million
Spending
$2.6 million
Spent on programs
95%
Reserves
-46.6 months of spending
Largest source of income
fees for its services, 59%
Employees
8
Volunteers
11
Highest pay
$112,595, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 26 out of 100. Higher than 4% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    2 of 20

    It owes 77% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 9% of income.

  • Income trend

    5 of 15

    Income fell 22% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 57 out of 100. Higher than 10% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no 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

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed 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 December 31, 2024, 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. $2.4 million spent. SLVHC PROVIDES SEVERAL ACTIVITIES THAT HELP OUR COMMUNITY MEMBERS FIND AND MAINTAIN SAFE, DECENT, AND AFFORDABLE HOUSING THROUGH MULTIPLE GOVERNMENT AND FOUNDATION GRANT-FUNDED PROGRAMS. THESE PROGRAMS ARE FUNDED THROUGH THE COLORADO DIVISION OF HOUSING (CDOH), USDA-RURAL HOUSING, THE COLORADO HOUSING AND FINANCE AUTHORITY (CHFA) AND FOUNDATIONS INCLUDING EL POMAR, THE COLORADO HEALTH FOUNDATION, THE COLORADO TRUST, ANSCHUTZ FAMILY FOUNDATION AND OTHERS. MOST OF OUR PROGRAMS ARE FUNDED THROUGH GRANTS THAT ARE THEN PROVIDED AS LOANS TO CLIENTS WITH ALL PAYMENTS RECEIVED USED TO CONTINUE THE PROGRAMS . SFOO HOME REHAB: THE HDG-FUNDED GRANT WAS FROM 2021-2023 WITH EXTENSIONS IN 2023 TILL 12/31/2024 AND IN 2024 TO 12/31/2024. 5 LOANS WERE CLOSED IN 2023 FOR THIS PROGRAM BETWEEN FEBRUARY AND DECEMBER. NO LOANS WERE CLOSED IN 2024 DUE TO STAFF CHANGES AND THE HOUSING MARKET.DOWN PAYMENT ASSISTANCE (DPA): THE HDG-FUNDED GRANT WAS FROM 2021-2022 WITH A NEW GRANT FOR 2022-2023, WHICH WAS EXTENDED TO JUNE 2025 THEN AGAIN UNTIL JUNE 2026. IN 2024 WE CLOSED 2 LOANS DUE TO LOW AFFORDABLE INVENTORY AND HIGHER INTEREST RATES OF FIRST MORTGAGES.AFFORDABLE RENT-ASSISTED HOUSING UNITS: HIGH VALLEY MANOR (HVM) AND CASITA DE LA LUNA (CDLL) APARTMENTS: THESE TWO COMPLEXES PROVIDE RENT AND UTILITY-ASSISTED HOUSING UNITS TO HOUSEHOLDS AT OR BELOW 80% AREA MEDIAN INCOME. ALL HOUSEHOLDS PAY 30% OR LESS OF THEIR GROSS MONTHLY INCOME IN HOUSING COSTS (RENT/UTILITIES) WITH ASSISTANCE FROM USDA RURAL DEVELOPMENT. UNITS ARE 1-BEDROOM OR 2-BEDROOM OPTIONS WITH COMMUNITY SPACE, OUTDOOR SPACE, COIN-OP LAUNDRY ROOMS, AND PARKING PROVIDED. AT HVM TENANTS PAY ELECTRIC ONLY. CDLL TENANTS PAY FOR ELECTRICITY AND HEAT. A SITE MANAGER AND MAINTENANCE PERSON ARE PROVIDED FOR TENANT NEEDS. HVM IS A SINGLE THREE-STORY BUILDING THAT OFFERS 32 RENT-ASSISTED UNITS WITH TWO OF THOSE BEING ADA ONE-BEDROOM, THREE ARE TWO-BEDROOM UNITS, AND 27 ARE ONE-BEDROOM UNITS. CDLL IS SIX SMALLER BUILDINGS THAT OFFERS 27 UNITS RENT ASSISTED UNITS WITH ONE 2-BEDROOM AND ONE 1-BEDROOM ADA UNIT, SIX 2-BEDROOM UNITS, AND 19 1-BEDROOM UNITS. THESE BUILDINGS PROVIDE HOUSING TO UP TO 60 INDIVIDUALS IN A SINGLE YEAR. SLVHC OWNS AND OPERATES HVM AND IS THE GENERAL PARTNER AND MANAGER FOR CDLL.MOBILE HOME PARK AND OTHER HOUSING UNITS: WE OPERATE A 185-LOT MOBILE HOME PARK AS A PRESERVATION PROJECT. WE PURCHASED AN ABANDONED SCHOOL FOR ADAPTIVE REUSE IN 2022. WE PURCHASE AND MANAGE SINGLE-FAMILY HOMES AS AFFORDABLE HOUSING UNITS. WE PURCHASED A 4-UNIT COMPLEX IN CREEDE IN MARCH 2024.

Source: Form 990 for the year ending December 31, 2024, 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 December 2024.

    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 February 1995.

    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.