Overview
What is Brothers Of Mercy Housing Company Inc?
Brothers of Mercy Housing Company Inc is a nonprofit organization situated in Clarence, New York. Their primary mission is to offer housing solutions for the elderly community. They manage a 100-unit apartment complex, providing a secure living environment for senior citizens. This organization's core activity is centered around the well-being and accommodation needs of the elderly population.
Official website here: www.brothersofmercy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating. The overall score for Brothers Of Mercy Housing Company Inc is based entirely on their Accountability & Finance metrics, indicating a strong performance in financial transparency and management.
The organization boasts a high percentage of independent board members, demonstrating a commitment to governance. Key financial indicators show no assets diversion, a low liabilities-to-assets ratio, and a significant portion of expenses directed toward programs, which reflects effective resource allocation.
While the charity scores well overall, the rating’s reliance on a single beacon score may suggest limited scope in evaluating other aspects of the organization’s impact. Nonetheless, the strong accountability practices noted, such as having established policies for conflicts of interest and whistleblower protections, contribute positively to their overall standing.
This AI summary has been generated from information found on Charity Navigator.
Is Brothers Of Mercy Housing Company Inc legitimate?
Brothers Of Mercy Housing Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brothers Of Mercy Housing Company 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: $76,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,562
For more financial information, click here
Official website here: www.brothersofmercy.org
What is the mission statement of Brothers Of Mercy Housing Company Inc?
Brothers of Mercy Housing Company Inc's mission is centered around providing housing solutions for the elderly. In pursuance of this mission, the organization operates a 100-unit apartment complex, offering a residence for the elderly population. Their primary goal is to ensure elderly individuals have a viable housing option, enhancing their quality of life. The company's activities are not limited to just housing provision, but also aim to contribute positively to the elderly community's overall well-being.
Official website here: www.brothersofmercy.org
Who is the CEO of Brothers Of Mercy Housing Company Inc?
Peter Eimer is the Board Member/Corp Ceo of Brothers Of Mercy Housing Company Inc. The CEO's salary of Brothers Of Mercy Housing Company Inc is $25,049 and their total compensation is $268,757.
Official website here: www.brothersofmercy.org
What is the revenue of Brothers Of Mercy Housing Company Inc?
Brothers Of Mercy Housing Company Inc's revenue in 2022 was $635,137.
Official website here: www.brothersofmercy.org
Who are the executives of Brothers Of Mercy Housing Company Inc and what are their salaries?
The average compensation at Brothers Of Mercy Housing Company Inc during 2022 was $32,360. There are 6 employees at Brothers Of Mercy Housing Company Inc.
Here are 11 key members and their salaries (Brothers Of Mercy Housing Company Inc's CEO's salary is $25,049 and their total compensation is $268,757):
- Compensation: $25,049
- Related: $225,438
- Other: $18,270
- Compensation: $6,486
- Related: $175,206
- Other: $18,304
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.brothersofmercy.org
Where can I find the form 990 for Brothers Of Mercy Housing Company Inc?
Brothers Of Mercy Housing Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brothersofmercy.org
Learn more at the official website: www.brothersofmercy.org
Mission Statement of Brothers Of Mercy Housing Company Inc
Brothers of Mercy Housing Company Inc is dedicated to providing housing solutions for the elderly. This nonprofit organization fulfills its mission by operating a 100-unit apartment complex, offering a secure and comfortable living environment for senior citizens. By providing housing, Brothers of Mercy Housing Company Inc contributes to the well-being and independence of the elderly, enabling them to age gracefully with dignity and respect. The organization's commitment to elder care is evident in its provision of housing services, ensuring that the elderly have access to a safe, secure, and supportive living environment.
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Impact
July, 2024
Brothers Of Mercy Housing Company Inc's impact is significant as it provides essential housing for the elderly in Clarence, NY. By operating a 100-unit apartment complex, they are able to offer a safe and comfortable living environment for seniors in need. This contributes to the overall well-being and quality of life for older individuals in the community, ensuring they have access to affordable and supportive housing options. The organization's commitment to this mission helps address the housing needs of the elderly population, making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Brothers Of Mercy Housing Company 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: -$117,493
- Program Service Revenue: $714,777
- Gross Receipts: $691,693
Assets and Liabilities:
- Total Assets: $2,032,353
- Total Liabilities: $122,406
- Net Assets: $1,909,947
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Apartment Rentals
Revenue
$714,777
Organization Details
Founding Year
1969
Phone
(716) 759-2122Principal Officer
Peter Eimer
Main Address
10500 BERGTOLD ROAD, CLARENCE, NY, 14031
Website
www.brothersofmercy.orgNTEE Category
Code: L22Z - Housing
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