Overview
What is Mercy Manor?
Mercy Manor is a nonprofit organization dedicated to catering to the needs of low-income elderly individuals. Their mission is to provide specialized housing facilities and services, which are tailored to address the physical, social, and psychological requirements of this demographic. These facilities and services aim to enhance their health, security, happiness, and overall usefulness in their later years. The charges for these services are kept affordable, as they operate on a non-profit basis, ensuring that those in need have access to essential care.
Official website here: www.motherofmercymn.org/pondview-estates/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Mercy Manor has achieved an impressive 97% rating from Charity Navigator, reflecting a strong emphasis on accountability and financial health. This high score is derived entirely from their accountability and finance metrics, indicating a well-managed organization. For the most recent fiscal year, they demonstrated major strengths including a fully independent board, with 100% of members being independent, and no material diversion of assets.
The organization scores exceptionally well in various areas, such as having a conflict of interest policy and a whistleblower policy in place, both receiving top ratings. They also maintain transparency with their financial documents, as evidenced by their documented board meeting minutes and a favorable liabilities to assets ratio of 14.30%. Furthermore, the program expense ratio stands at an impressive 88.62%, suggesting that a significant majority of their expenditures directly support their mission.
While the data reflects strong governance and financial practices, it's important for potential donors and beneficiaries to consider the specific programs and services Mercy Manor offers. Continued monitoring of their operational efficacy and impact will provide further insight into their overall effectiveness in achieving their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Manor legitimate?
Mercy Manor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Manor 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.
Official website here: www.motherofmercymn.org/pondview-estates/
What is the mission statement of Mercy Manor?
Mercy Manor's mission is centered around providing housing facilities and services tailored to the unique needs of low-income elderly individuals. These services aim to enhance their physical, social, and psychological well-being, contributing to their overall health, security, happiness, and productivity in their later years. The costs for these facilities and services are based on the provision, maintenance, and operation of these resources, ensuring they remain accessible on a non-profit basis.
Official website here: www.motherofmercymn.org/pondview-estates/
Who is the CEO of Mercy Manor?
Paul Gaebe is the Chief Financial Officer of Mercy Manor.
Official website here: www.motherofmercymn.org/pondview-estates/
What is the revenue of Mercy Manor?
Mercy Manor's revenue in 2021 was $204,541.
Official website here: www.motherofmercymn.org/pondview-estates/
Who are the executives of Mercy Manor and what are their salaries?
Where can I find the form 990 for Mercy Manor?
Mercy Manor's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.motherofmercymn.org/pondview-estates/
Learn more at the official website: www.motherofmercymn.org/pondview-estates/
Mission Statement of Mercy Manor
Mercy Manor is a non-profit organization dedicated to providing housing facilities and services tailored to the unique needs of the elderly, who are living on a low income. This organization strives to promote the overall well-being and quality of life for its residents, focusing on their physical, social, and psychological needs. Mercy Manor's mission is to ensure the health, security, happiness, and usefulness of its elderly residents, enabling them to enjoy a longer and more fulfilling life. The charges for these facilities and services are based on the provision, maintenance, and operation of the organization on a non-profit basis, indicating that Mercy Manor prioritizes its mission over any financial gain.
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Impact
October, 2024
Mercy Manor significantly impacts the lives of low-income elderly individuals by offering essential housing facilities and services tailored to meet their unique physical, social, and psychological needs. This initiative not only addresses the basic requirement of safe and affordable housing but also enhances the overall well-being of its residents.
By promoting health, security, and happiness, Mercy Manor enables elderly individuals to lead fulfilling lives, fostering a sense of usefulness and community engagement. The focus on creating a supportive environment contributes to a higher quality of life, allowing residents to thrive in their later years. The careful consideration of their specific needs ensures that each person receives personalized care and attention, enhancing both their mental and emotional health.
Additionally, the organization operates on a non-profit basis, ensuring that charges for facilities and services are kept reasonable and accessible. This commitment to affordability helps alleviate financial pressures, allowing residents to focus on their well-being rather than economic burdens. Overall, Mercy Manor serves as a vital resource in the Albany, MN community, uplifting elderly individuals and empowering them to live longer, healthier lives.
This information is meant to be a general summary of Mercy Manor. 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 2021.
- Investment Income: $652
- Program Service Revenue: $201,960
- Gross Receipts: $204,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT REVENUE
Revenue
$198,722
LAUNDRY AND VENDING RE
Revenue
$3,238
Organization Details
Founding Year
1994
Phone
(320) 845-2195Principal Officer
Paul Gaebe
Main Address
334 GOLF VIEW DRIVE, ALBANY, MN, 563078316
NTEE Category
Code: L22 - Housing
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