Southwest Economic Solutions Inc
Southwest Economic Solutions d/b/a miside wealth (miwealth) mission is to provide opportunities for individuals and families to achieve greater economic success.
Southwest Economic Solutions Inc at a glance
- Total assets
- $2,226,822
- +29.8% vs 2024
- Revenue (2025)
- $4,527,382
- +33.7% vs 2024
- Net investment income (2025)
- $7,717
- -16.6% vs 2024
- Expenses (2025)
- $4,472,462
- +20.0% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Southwest Economic Solutions Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Southwest Economic Solutions Inc gives
- Giving fell 97% from 2019 to 2022. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $20K (2022) to $747K (2019). In 2022 it made 1 grant totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southwest Solutions Inc Detroit, MI | Transferred to sws to pay dc palmer vendor expenses related to the ecc strategic plan. | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,226,822 | $4,527,382 | $4,472,462 | — | — | $7,717 |
| 2024 | $1,715,831 | $3,386,689 | $3,726,646 | — | — | $9,256 |
| 2023 | $1,904,747 | $2,916,697 | $3,179,339 | — | — | $4,436 |
| 2022 | $1,852,921 | $3,255,940 | $2,830,064 | $20,000 | 1 | $701 |
| 2021 | $1,547,756 | $3,561,883 | $3,429,484 | $705,247 | 1 | $553 |
| 2020 | $1,711,197 | $4,213,610 | $4,703,249 | $540,000 | 1 | $314 |
| 2019 | $1,808,571 | $4,803,129 | $5,004,319 | $746,606 | 3 | — |
About Southwest Economic Solutions Inc
Based on IRS filings
Southwest Economic Solutions Inc is a public charity focused on Human Services, based in Detroit, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.2M in total assets. Net investment income was $8K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Southwest Economic Solutions Inc is led by Sean De Four, President & CEO on filings since 2021; 2 of 11 officers listed in 2025 are compensated.
Officers on the 2025 filing
Sean De Four
President & CEO
On filings since 2021
3.8 hrs/week
No compensation reported
Hector Hernandez
Executive Director - Miwealth
Executive Director → Executive Director - Economic, 2021
Executive Director - Economic → Executive Director - Miwealth, 2024
On filings since 2019
2 hrs/week
$184K (2024) → $169K (2025)
Stephan Vivitsky
Chair
Director → Chair, 2025
On filings since 2024
0.3 hrs/week
No compensation reported
Angela Baldwin
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Naheed Huq
Director
Director → Chair, 2024
Chair → Director, 2025
On filings since 2021
0.3 hrs/week
No compensation reported
Eric Dorsey
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Michael Wendt
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Patrick Brown
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Rosemarie Paczkowski
Controller
New on the 2025 filing
37.5 hrs/week
$117K (2025)
Michelle R. Sherman
COO & CFO
COO & Treasurer → COO & CFO, 2024
On filings since 2019
1.9 hrs/week
No compensation reported
Claire Liening
Vice Chair
On filings since 2024
0.3 hrs/week
No compensation reported
Former officers (50)
- Former: Akil Alvin (2024) — Director
- Former: Cheryl Munday (2024) — Director
- Former: Dan Martinez (2024) — Director
- Former: Don Jones (2024) — Director
- Former: Karen Goven (2024) — Director of Workforce Development
- Former: Steven Kosuda (2019–2023) — Director
- Former: Albert Fields (2020–2023) — Director
- Former: Aleksandra A. Miziolek (2020–2023) — Director
- Former: Dan Share (2020–2023) — Treasurer
- Former: Doris Patrick (2020–2023) — Director
- Former: Duane M. Lewis (2020–2023) — Director
- Former: Mark Lezotte (2020–2023) — Vice Chair
- Former: Ron Rose (2020–2023) — Secretary
- Former: Stephanie Miller (2020–2023) — Chair
- Former: Vanessa Johnson (2020–2023) — Director
- Former: Avec O'Brien (2021–2023) — Director
- Former: Chris Lezovich (2021–2023) — Director
- Former: Elaine Buckberg (2021–2023) — Director
- Former: Milton Mack (2021–2023) — Director
- Former: David Kiefer (2022–2023) — Director
- Former: Hector Hernandez Sws (2022–2023) — Executive Director - Economics
- Former: Laura Appel (2022–2023) — Director
- Former: Michelle R. Sherman Sws (2022–2023) — COO & CFO
- Former: Norma Huizar (2022–2023) — Director
- Former: Sean De Four Sws (2022–2023) — President & CEO
- Former: Shenise Foote (2022–2023) — Director
- Former: Joseph M. Tasse (2023) — Director
- Former: Brad Critchfield (2020–2022) — Treasurer
- Former: Alesdandra A. Miziolek (2022) — Director
- Former: Joseph Tasse Interim Ceo (2022) — To & Director
- Former: Ashley D. McLeod (2019–2021) — Director
- Former: Dewayne Wells (2020–2021) — Director
- Former: Daniel Share (2021) — Treasurer
- Former: Joseph M. Tasse Interim (2021) — President & CEO
- Former: Christopher J. Lezovich (2019–2020) — Secretary
- Former: Linda West (2019–2020) — Vice Chairperson
- Former: Lori Bahnmueller (2019–2020) — Director -
- Former: Niles Heron (2019–2020) — Secretary -
- Former: Pierre Batton (2019–2020) — Director
- Former: Stephen Figliuolo (2019–2020) — Director
- Former: Janet Lawson (2020) — Director - From
- Former: Joe Tasse (2020) — President
- Former: Milt Mack (2020) — Director - From
- Former: Olga Stella (2020) — Director - From
- Former: Seth Lloyd (2020) — Director - From
- Former: Terrance Pryor (2020) — Director - From
- Former: Ahmad Ezzeddine (2019) — Director
- Former: Fred Leeb (2019) — Interim President & CEO - to
- Former: John Van Camp (2019) — President & CEO -
- Former: Luis Garcia (2019) — Chairperson
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $169K, to Hector Hernandez (Executive Director - Miwealth). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Southwest Economic Solutions Inc
How large is Southwest Economic Solutions Inc?
Southwest Economic Solutions Inc reported $2.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.5M.
What is Southwest Economic Solutions Inc?
Southwest Economic Solutions Inc is a public charity focused on Human Services, based in Detroit, MI. It holds $2.2M in total assets as of 2025.
Where does Southwest Economic Solutions Inc operate?
Southwest Economic Solutions Inc has awarded grants in Michigan.
What is Southwest Economic Solutions Inc's EIN?
Southwest Economic Solutions Inc's EIN (Employer Identification Number) is 46-2252476. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS August 4, 2021)
- Updated Form 990 for fiscal year 2020 (received by the IRS March 23, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Southwest Economic Solutions Inc's focus areas in our free grants database
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