Overview
What is Mercy-Douglass Human Service Residences Corp?
Mercy-Douglass Human Service Residences Corp is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to provide housing for low-income elderly and handicapped individuals, offering them a total of 61 apartments. This nonprofit organization is dedicated to improving the living conditions and ensuring the well-being of its residents, contributing positively to their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%)
Mercy-Douglass Human Service Residences Corp has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of its operations. While the organization has a solid accountability and finance score, it is undermined by the absence of critical policy disclosures on its tax forms and website. The organization does well in having an independent board, with 83% of its members being independent, which suggests a commitment to governance.
The organization is noted for its high program expense ratio, indicating that it allocates all of its expenses towards program services. However, the financial health of the nonprofit raises concerns, as evidenced by a liabilities to assets ratio of 95.23%. This high ratio suggests potential financial instability, which could limit the organization’s ability to sustain its operations in the long term.
Additionally, the lack of a conflict of interest policy, whistleblower policy, and proper document retention practices highlights significant governance deficiencies. These missing policies are crucial for fostering transparency and trust, suggesting that while the organization has some strengths, it also faces notable challenges that need to be addressed to improve its overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy-Douglass Human Service Residences Corp legitimate?
Mercy-Douglass Human Service Residences Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy-Douglass Human Service Residences Corp 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: $172,041
For more financial information, click here
What is the mission statement of Mercy-Douglass Human Service Residences Corp?
Mercy-Douglass Human Service Residences Corp is dedicated to providing housing for low-income elderly and handicapped individuals. Their mission is evident in the 61 apartments they offer, ensuring that these individuals have a place to call home. The corporation's primary focus is on serving this specific population, offering them a secure and comfortable living space. By providing these apartments, Mercy-Douglass Human Service Residences Corp aims to contribute positively to the well-being and livelihood of these individuals, fostering a sense of community and support.
Who is the CEO of Mercy-Douglass Human Service Residences Corp?
Deanna I Mcmillan Phd is the President of Mercy-Douglass Human Service Residences Corp.
What is the revenue of Mercy-Douglass Human Service Residences Corp?
Mercy-Douglass Human Service Residences Corp's revenue in 2023 was $949,155.
Who are the executives of Mercy-Douglass Human Service Residences Corp and what are their salaries?
There 5 volunteers at Mercy-Douglass Human Service Residences Corp.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Mercy-Douglass Human Service Residences Corp?
Mercy-Douglass Human Service Residences Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mercy-Douglass Human Service Residences Corp
Mercy-Douglass Human Service Residences Corp is a dedicated organization that provides housing for low-income elderly and handicapped individuals. Their mission is centered around offering 61 apartments as a sanctuary for this specific demographic, ensuring they have a comfortable living space. By doing so, Mercy-Douglass Human Service Residences Corp contributes to enhancing the quality of life for these individuals, providing them with a sense of security and stability.
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Impact
October, 2024
Mercy-Douglass Human Service Residences Corp has a significant impact on the lives of low-income elderly and handicapped individuals in Philadelphia. By providing 61 apartments specifically designed for this vulnerable population, the organization addresses critical housing needs and fosters an environment where residents can thrive.
The availability of safe and affordable housing is essential for maintaining the health and well-being of seniors and individuals with disabilities. Mercy-Douglass not only offers a place to live but also promotes independence and community engagement, helping residents to maintain their dignity and quality of life. In an era where affordable housing is increasingly scarce, the presence of such residences plays a crucial role in combating homelessness and the isolation often faced by older adults and people with disabilities.
The organization’s commitment to supporting these individuals contributes positively to the broader community, as stable housing allows residents to access essential services and participate in social and recreational activities, ultimately enhancing their overall well-being.
This information is meant to be a general summary of Mercy-Douglass Human Service Residences Corp. 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 2023.
- Investment Income: $3,348
- Program Service Revenue: $945,807
- Gross Receipts: $949,155
Assets and Liabilities:
- Total Assets: $4,118,219
- Total Liabilities: $3,922,063
- Net Assets: $196,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE
Revenue
$726,862
RENT REVENUE
Revenue
$193,524
TENANT CHARGES
Revenue
$10,553
NURSING HOMES/ASSISTED LIVING
Revenue
$14,868
Organization Details
Founding Year
1978
Phone
(215) 386-1808Principal Officer
Deanna I Mcmillan Phd
Main Address
4511-23 WALNUT STREET, PHILADELPHIA, PA, 19104
NTEE Category
Code: L22 - Housing
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