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Mercy Home For Children Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 111666227 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Mercy Home For Children Inc?

Mercy Home For Children Inc is a New York-based nonprofit organization that focuses on providing essential services for individuals with intellectual and developmental disabilities. They operate nine family-style residential homes, where 56 people can reside, with around-the-clock staff support. Through personalized care, they help these individuals develop skills to live as independently as possible. Mercy Home's mission is grounded in recognizing each person's inherent dignity and right to a fulfilling life filled with learning and love. Their core values include respect, trust, teamwork, care, and compassion, which they embody in their practices. Mercy Home serves approximately 56 individuals and has a workforce of 310 employees.


Official website here: www.mercyhomeny.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

Mercy Home For Children Inc has achieved a remarkable 96% score on Charity Navigator, highlighting its strong performance in accountability and finance. The charity boasts a fully independent board, which ensures unbiased decision-making and governance, and it maintains a high level of transparency through the availability of its financial statements and policies.

The organization demonstrates excellent financial health with a program expense ratio of 88.70%, indicating that a significant portion of its funds is directly allocated to its missions and programs. Additionally, it has a low liabilities to assets ratio of 41.38%, suggesting a stable financial position that allows it to effectively support its operations and initiatives.

While the organization excels in many areas, potential donors may want to consider how the charity communicates its impact and results to the public. Overall, Mercy Home For Children Inc stands out as a trustworthy and responsible nonprofit dedicated to its cause.


This AI summary has been generated from information found on Charity Navigator.

Is Mercy Home For Children Inc legitimate?

Mercy Home For Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Home For Children Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $485,687
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,256,969

For more financial information, click here


Official website here: www.mercyhomeny.org

What is the mission statement of Mercy Home For Children Inc?

Mercy Home For Children Inc is dedicated to improving the lives of children and adults with developmental disabilities. Their mission is grounded in the belief that every individual deserves dignity and a fulfilling life filled with learning and love. Mercy Home fulfills this mission through their core values: respect, trust, teamwork, care, and compassion. By adhering to these values, they provide essential services that ensure the quality of life for those with developmental disabilities.


Official website here: www.mercyhomeny.org

Who is the CEO of Mercy Home For Children Inc?

Janice Aris is the Chair of Mercy Home For Children Inc.


Official website here: www.mercyhomeny.org

What is the revenue of Mercy Home For Children Inc?

Mercy Home For Children Inc's revenue in 2022 was $24,986,995.


Official website here: www.mercyhomeny.org

Who are the executives of Mercy Home For Children Inc and what are their salaries?

The average compensation at Mercy Home For Children Inc during 2022 was $41,105. There are 310 employees and 16 volunteers at Mercy Home For Children Inc.


Here are 18 key members and their salaries:


Donna T Whiteford (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Fellone Iii (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony J Simeone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Frances Picone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Theresa Agliardi Rsm (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Father Thomas Ahern (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerin E Coughlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Margaret Dempsey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Linda Esposito Rsm (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa P Goldstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Jain Cpa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shea Kerr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Quan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Siasoco Md Mba (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Solberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Aris (Executive Director)
  • Compensation: $213,388
  • Related: $0
  • Other: $46,118
Minglan Cai (Exec Vp Of Finance Until 10/15/21)
  • Compensation: $115,384
  • Related: $0
  • Other: $22,615
Jamel Hunt (Sr. Director Of Hr/Coo)
  • Compensation: $112,806
  • Related: $0
  • Other: $18,268


Official website here: www.mercyhomeny.org

Where can I find the form 990 for Mercy Home For Children Inc?

Mercy Home For Children Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mercyhomeny.org

Learn more at the official website: www.mercyhomeny.org

Mission Statement of Mercy Home For Children Inc

Mercy Home For Children, a nonprofit organization, is dedicated to enhancing the lives of children and adults with developmental disabilities. With a deep-rooted belief in the inherent dignity and right to a fulfilling life for each individual, Mercy Home's mission is brought to life through its core values: respect, trust, teamwork, care, and compassion.

In practice, Mercy Home For Children ensures the quality of life for those with developmental disabilities by providing essential services. These services are delivered with respect for the individual's worth and trust in their abilities. Teamwork and collaboration are at the heart of Mercy Home's approach, ensuring that every person receives the care they need to thrive. With compassion as a guiding principle, Mercy Home creates an environment where learning and love are at the forefront.

Mercy Home For Children is not just an organization; it's a place where dignity is recognized and nurtured. Through its mission and core values, Mercy Home fosters a community where every person is treated with respect, given opportunities to learn, and surrounded by love. Regardless of the challenges faced by those with developmental disabilities, Mercy Home For Children remains steadfast in its commitment to providing the essential services necessary for a meaningful and fulfilling life.

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Impact




October, 2024

Mercy Home For Children Inc significantly enhances the quality of life for individuals with developmental disabilities. By offering nine individualized residential alternatives (IRA) in a supportive, family-style environment, the organization ensures that residents receive around-the-clock care and supervision. This structure fosters the development of essential life skills, enabling individuals to live as independently as possible.

The core values of respect, trust, teamwork, care, and compassion are woven into the daily experiences of the residents, promoting an atmosphere where each person's dignity is recognized and honored. Residents enjoy personalized activities that align with their interests, fostering a sense of agency and engagement in their daily lives.

Mercy Home also facilitates cultural experiences throughout New York City, broadening the horizons of its residents and contributing to their overall enrichment. In the fiscal year 2022, the organization successfully served approximately 56 individuals, providing them with essential resources and support that aid in their personal growth and development.

Through its dedicated service, Mercy Home For Children Inc plays a critical role in empowering those with developmental disabilities, ensuring they live fulfilled lives filled with learning, love, and meaningful connections.




This information is meant to be a general summary of Mercy Home For Children Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$24,986,995 (2022)
Expenses
$23,281,541 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,077,783
  • Program Service Revenue: $22,688,035
  • Gross Receipts: $33,180,296

Assets and Liabilities:

  • Total Assets: $34,895,075
  • Total Liabilities: $16,217,696
  • Net Assets: $18,677,379

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INDIVIDUAL RESIDENT ALTERNATIVES

Revenue

$11,128,593

INTERMEDIATE CARE FACILITIES

Revenue

$9,928,097

DAY HABILITATION

Revenue

$1,003,503

SATURDAY RESPITE PROGRAM

Revenue

$627,842

Organization Details

Founding Year

1862

Principal Officer

Janice Aris

Main Address

273 WILLOUGHBY AVENUE, BROOKLYN, NY, 11205

NTEE Category

Code: P70 - Human services

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