Southwest Community Resources Inc
Southwest Community Resources Inc is a private foundation focused on Community Improvement & Capacity Building, based in Albuquerque, NM. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it made $37K in qualifying distributions. Net investment income was $12K.
Southwest Community Resources Inc at a glance
- Total assets
- $1,440,483
- -3.6% vs 2024
- Revenue (2025)
- $69,576
- +28.9% vs 2024
- Qualifying distributions (2025)
- $37,000
- +2.8% vs 2024
- Expenses (2025)
- $107,914
- +13.8% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|
| 2025 | $1,440,483 | $69,576 | $107,914 | $37,000 | $11,815 | $39,068 |
| 2024 | $1,494,834 | $53,982 | $94,854 | $36,000 | $14,065 | $36,831 |
| 2023 | $1,478,571 | $45,380 | $85,071 | $41,000 | $13,430 | $35,404 |
| 2022 | $1,507,896 | $51,048 | $88,552 | $40,000 | $13,698 | $41,217 |
| 2021 | $1,701,352 | $49,663 | $85,404 | — | $15,463 | $73,605 |
| 2020 | $1,581,462 | $42,049 | $83,043 | — | $16,449 | $75,074 |
Under IRS private-foundation payout rules, Southwest Community Resources Inc reported a distributable amount of $39K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Southwest Community Resources Inc is led by Karlos Schmieder, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Karlos Schmieder
President
On filings since 2020
No compensation reported
Louis Head
Vice President
On filings since 2020
No compensation reported
Patricia Gallegos
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Southwest Community Resources Inc
How large is Southwest Community Resources Inc?
Southwest Community Resources Inc reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $37K in qualifying distributions that year, against a required minimum of $39K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Southwest Community Resources Inc?
Southwest Community Resources Inc is a private foundation focused on Community Improvement & Capacity Building, based in Albuquerque, NM. It holds $1.4M in total assets as of 2025.
What is Southwest Community Resources Inc's EIN?
Southwest Community Resources Inc's EIN (Employer Identification Number) is 85-0361425. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 16, 2026)
- IRS filings on file for fiscal years 2020–2024
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