Overview
What is Mercy Outreach Ministries Vi Inc?
Mercy Outreach Ministries Vi Inc is a nonprofit organization situated in Williston, Ohio. Their primary mission is to offer suitable and affordable housing options for individuals with mental and physical disabilities. They accomplish this by applying for and managing grants through the USDA program. Due to the increasing number of individuals requiring such assistance, there's a growing demand for adequate housing options, which Mercy Outreach Ministries Vi Inc aims to address. Their services cater specifically to the physical, social, and psychological needs of the elderly and handicapped, contributing to their health, security, happiness, and overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Mercy Outreach Ministries Vi Inc has achieved a solid score of 82%, reflecting strong accountability and financial practices. This rating is derived entirely from the organization's performance in the Accountability & Finance category. The charity has demonstrated robust governance with an independent board, scoring full points in board independence and material diversion of assets, which indicates a commitment to ethical management.
The organization excels in its operational transparency and has implemented essential policies, including conflict of interest and whistleblower policies. Additionally, Mercy Outreach Ministries has a high program expense ratio of 78.58%, suggesting that a significant portion of its funding is directed towards its mission-driven programs, an important factor for potential donors.
However, the organization does face challenges in its liabilities to assets ratio, scoring only 3 out of 15 points. This may raise concerns about the financial stability and sustainability of the charity in the long term. Overall, while Mercy Outreach Ministries demonstrates commendable practices in several areas, potential supporters should consider these financial challenges when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Outreach Ministries Vi Inc legitimate?
Mercy Outreach Ministries Vi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Outreach Ministries Vi 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,843
For more financial information, click here
What is the mission statement of Mercy Outreach Ministries Vi Inc?
Mercy Outreach Ministries Vi Inc is committed to providing elderly and handicapped families and individuals with affordable and specialized housing and related services, tailored to meet their physical, social, and psychological needs. The organization aims to contribute to their health, security, happiness, and overall well-being. By securing grants through the USDA program, Mercy Outreach Ministries Vi Inc works towards providing more individuals with fully accessible and affordable housing, addressing the growing need for such facilities without an adequate supply.
Who is the CEO of Mercy Outreach Ministries Vi Inc?
Terri Rodriguez is the Trustee of Mercy Outreach Ministries Vi Inc. The CEO's salary of Mercy Outreach Ministries Vi Inc is $0 and their total compensation is $157,888.
What is the revenue of Mercy Outreach Ministries Vi Inc?
Mercy Outreach Ministries Vi Inc's revenue in 2022 was $139,111.
Who are the executives of Mercy Outreach Ministries Vi Inc and what are their salaries?
There 6 volunteers at Mercy Outreach Ministries Vi Inc.
Here are 8 key members and their salaries (Mercy Outreach Ministries Vi Inc's CEO's salary is $0 and their total compensation is $157,888):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $142,953
- Other: $14,935
- Compensation: $0
- Related: $81,586
- Other: $14,466
Where can I find the form 990 for Mercy Outreach Ministries Vi Inc?
Mercy Outreach Ministries Vi Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mercy Outreach Ministries Vi Inc
Mercy Outreach Ministries Vi Inc is committed to providing elderly and handicapped families and individuals with appropriate, safe, and affordable housing options on a nonprofit basis. Their mission is to construct and manage rental housing and related facilities specifically designed to cater to the physical, social, and psychological needs of this vulnerable population. By securing grants through the USDA program, Mercy Outreach Ministries Vi Inc aims to contribute to the health, security, happiness, and longer lives of those in need. As the demand for such accommodations continues to grow, Mercy Outreach Ministries Vi Inc endeavors to bridge the gap by offering fully accessible and affordable housing options that prioritize the well-being of each resident.
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Impact
October, 2024
Mercy Outreach Ministries Vi Inc significantly enhances the quality of life for elderly and handicapped families and individuals by providing safe, affordable, and accessible housing options. By addressing both physical and psychological needs, the organization ensures that residents can achieve greater health, security, and happiness.
The growing demand for appropriate housing for those with mental and physical disabilities is met through the careful management of grants from the U.S. Department of Agriculture (USDA). Through these efforts, Mercy Outreach Ministries Vi Inc facilitates the creation of living environments that foster independence and a sense of community, ultimately contributing to longer, more fulfilling lives for its residents. By bridging the gap in housing availability, this organization plays a crucial role in uplifting vulnerable populations in Williston, Ohio, and beyond.
This information is meant to be a general summary of Mercy Outreach Ministries Vi 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33
- Program Service Revenue: $74,671
- Gross Receipts: $139,111
Assets and Liabilities:
- Total Assets: $812,052
- Total Liabilities: $531,472
- Net Assets: $280,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT FEES
Revenue
$74,671
Organization Details
Founding Year
2007
Phone
(419) 836-7741Principal Officer
Terri Rodriguez
Main Address
5810 N MAIN STREET PO BOX 187, WILLISTON, OH, 43468
NTEE Category
Code: L24 - Housing
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