Overview
What is Mercy Housing Wheaton Nfp?
Mercy Housing Wheaton Nfp is a nonprofit organization situated in Denver, Colorado. Their primary objective is to offer housing facilities and supportive services to low-income families, the elderly, handicapped, homeless, and disadvantaged individuals. The organization's mission is twofold: managing and directing low and moderate-income housing projects and providing educational and supportive services to those in need. Mercy Housing Wheaton Nfp aligns with Mercy Housing, Inc., a Nebraska-based not-for-profit corporation, contributing to its overall mission of providing affordable housing and services.
Official website here: www.mercyhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Mercy Housing Wheaton Nfp has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score indicates that the organization has demonstrated good financial practices and transparency, which are essential for maintaining donor trust and effective resource management. The rating is based entirely on the organization's accountability and finance metrics, showcasing its commitment to responsible governance.
Strengths of Mercy Housing Wheaton include a perfect score in several key areas such as financial statements and audit oversight, conflict of interest policy, and whistleblower policy. The organization also boasts a high program expense ratio of 99.98%, indicating that nearly all of its financial resources are being directed towards its programs and services. This focus on programmatic spending suggests effective utilization of funds to benefit the community it serves.
While the organization has shown many strengths, there are no significant limitations noted in the data provided. With no material diversion of assets and a sound liabilities-to-assets ratio, Mercy Housing Wheaton appears to be on solid financial ground, making it a reputable choice for potential donors interested in supporting affordable housing initiatives. Overall, the organization demonstrates a strong commitment to accountability and effective financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Housing Wheaton Nfp legitimate?
Mercy Housing Wheaton Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Housing Wheaton Nfp 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: $0
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Mercy Housing Wheaton Nfp?
Mercy Housing Wheaton Nfp's mission is centered around providing housing facilities and supportive services for low-income families, the elderly, individuals with disabilities, the homeless, and other disadvantaged groups. The organization's purpose is to assist vulnerable populations, including potentially homeless individuals, with the aim of offering them educational and supportive resources. Mercy Housing Wheaton Nfp also contributes to the fulfillment of Mercy Housing, Inc.'s objectives, a Nebraska-based not-for-profit corporation that is exempt from federal income tax.
Official website here: www.mercyhousing.org
Who is the CEO of Mercy Housing Wheaton Nfp?
Melissa Clayton is the President/Director of Mercy Housing Wheaton Nfp.
Official website here: www.mercyhousing.org
What is the revenue of Mercy Housing Wheaton Nfp?
Mercy Housing Wheaton Nfp's revenue in 2022 was $5,754,870.
Official website here: www.mercyhousing.org
Who are the executives of Mercy Housing Wheaton Nfp and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $134,820
- Other: $30,258
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $192,019
- Other: $31,505
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $239,519
- Other: $10,391
- Compensation: $0
- Related: $162,243
- Other: $9,934
Official website here: www.mercyhousing.org
Where can I find the form 990 for Mercy Housing Wheaton Nfp?
Mercy Housing Wheaton Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyhousing.org
Learn more at the official website: www.mercyhousing.org
Mission Statement of Mercy Housing Wheaton Nfp
Mercy Housing Wheaton Nfp is a nonprofit organization that is dedicated to managing and directing low-income housing projects and supportive services for various disadvantaged populations. The primary objective of Mercy Housing Wheaton Nfp is to provide housing facilities and educational and supportive services to low-income individuals, the homeless, potentially homeless individuals, and other disadvantaged persons. This mission aligns with the purpose of Mercy Housing, Inc., a Nebraska-based nonprofit corporation, which aims to contribute to the fulfillment of affordable housing and supportive services for vulnerable communities.
By offering housing facilities and supportive services, Mercy Housing Wheaton Nfp aims to address the housing needs of individuals and families who are struggling financially or facing homelessness. The nonprofit's charitable and public purposes are centered around providing a secure living environment and access to educational and supportive resources, which can contribute to the overall well-being and stability of the individuals it serves. Mercy Housing Wheaton Nfp's mission is crucial in addressing the housing crisis and supporting disadvantaged communities, ultimately contributing to a more equitable and inclusive society.
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Impact
October, 2024
Mercy Housing Wheaton Nfp significantly impacts the community by providing essential housing solutions and supportive services tailored for low-income families, the elderly, individuals with disabilities, and those experiencing homelessness or potential homelessness. The organization works diligently to ensure access to safe, affordable housing, helping to stabilize individuals and families in need.
In addition to housing, Mercy Housing Wheaton offers educational and supportive services aimed at empowering residents. These resources help individuals acquire skills and knowledge that can lead to greater self-sufficiency and improved quality of life. By addressing both housing needs and the barriers faced by disadvantaged populations, Mercy Housing Wheaton fosters a sense of community and promotes upward mobility.
The organization's commitment to these vulnerable groups not only contributes to individual well-being but also enhances the social fabric of the broader community, reducing the impacts of poverty and homelessness. Through its initiatives, Mercy Housing Wheaton plays a crucial role in creating sustainable, supportive environments where individuals can thrive.
This information is meant to be a general summary of Mercy Housing Wheaton Nfp. 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: $5,361,688
- Program Service Revenue: $306,127
- Gross Receipts: $393,182
Assets and Liabilities:
- Total Assets: -$15,044,788
- Total Liabilities: $214,052
- Net Assets: -$15,258,840
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$304,002
PROGRAM INTEREST
Revenue
$2,125
Organization Details
Founding Year
2016
Phone
(303) 830-3300Principal Officer
Melissa Clayton
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: L21 - Housing
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