Overview
What is The Village At Mercy Creek?
The Village at Mercy Creek is a nonprofit organization with a charitable and religious mission, situated in Lemont, Illinois. They offer Assisted Living services, designed to cater to the physical, social, and spiritual needs of its residents, allowing them to lead an active lifestyle. The services include assistance with daily activities and a range of amenities, including meals, snacks, housekeeping, maintenance, security, and life enrichment activities. The organization houses a mix of efficiencies, studios, and one-bedroom units, and employs a staff of 104 individuals to provide necessary care. During Fiscal Year 2022, the average daily census in assisted living was approximately 50 residents. The mission of The Village at Mercy Creek is to celebrate life and serve with joy, aligning with the Ministries of the Franciscan Sisters of Chicago.
Official website here: www.franciscanministries.org/village-at-mercy-creek
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Village At Mercy Creek has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas where the organization needs to enhance its operations and transparency. The overall score of 74% reflects a solid commitment to accountability and financial management, with particularly high marks in independent board member presence and the oversight of financial statements. However, the organization falls short in specific areas, particularly in the adequacy of its financial information available to the public.
The nonprofit has demonstrated strengths in policies regarding conflict of interest and whistleblower protections, as well as the proper documentation of board meeting minutes. These elements suggest a level of governance that is conscientious. Despite having a strong program expense ratio at 82.90%, which indicates a significant portion of funds is directed towards fulfilling its mission, the liabilities to assets ratio of 98.46% raises concerns about financial stability.
A notable limitation is the absence of the nonprofit's tax form on its website, which impacts transparency and accessibility for potential donors and stakeholders. This missing information, alongside the low score for independent board size, indicates that while governance policies are in place, there may be room for improvement in board composition and financial reporting to further boost confidence among supporters and ensure sustainable operations.
This AI summary has been generated from information found on Charity Navigator.
Is The Village At Mercy Creek legitimate?
The Village At Mercy Creek is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Village At Mercy Creek 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: $108,586
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,156,780
For more financial information, click here
Official website here: www.franciscanministries.org/village-at-mercy-creek
What is the mission statement of The Village At Mercy Creek?
The Village At Mercy Creek, with its charitable and religious purposes, is dedicated to supporting the Ministries of the Franciscan Sisters of Chicago. Their mission, titled "Celebrate Life and Serve with Joy," is centered around enhancing the lives of their residents in an assisted living setting. This mission is executed through providing assistance with physical, social, and spiritual needs, allowing residents to lead active lives. The village offers various accommodation options, such as efficiencies, studios, and one-bedroom units, along with amenities like three meals daily, snacks, housekeeping, maintenance, security, and religious and life enrichment activities. Staff is available to aid residents with their daily living activities, ensuring each resident's unique needs are met.
Official website here: www.franciscanministries.org/village-at-mercy-creek
Who is the CEO of The Village At Mercy Creek?
Unavailable The CEO's salary of The Village At Mercy Creek is $0 and their total compensation is $693,332.
Official website here: www.franciscanministries.org/village-at-mercy-creek
What is the revenue of The Village At Mercy Creek?
The Village At Mercy Creek's revenue in 2022 was $3,127,626.
Official website here: www.franciscanministries.org/village-at-mercy-creek
Who are the executives of The Village At Mercy Creek and what are their salaries?
The average compensation at The Village At Mercy Creek during 2022 was $12,167. There are 104 employees and 3 volunteers at The Village At Mercy Creek.
Here are 8 key members and their salaries (The Village At Mercy Creek's CEO's salary is $0 and their total compensation is $693,332):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $624,150
- Other: $69,182
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $354,797
- Other: $31,388
- Compensation: $0
- Related: $62,287
- Other: $11,136
- Compensation: $0
- Related: $85,440
- Other: $13,782
- Compensation: $132,422
- Related: $0
- Other: $1,197
Official website here: www.franciscanministries.org/village-at-mercy-creek
Where can I find the form 990 for The Village At Mercy Creek?
The Village At Mercy Creek's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.franciscanministries.org/village-at-mercy-creek
Learn more at the official website: www.franciscanministries.org/village-at-mercy-creek
Mission Statement of The Village At Mercy Creek
The Village at Mercy Creek, a charitable and religious organization, is dedicated to upholding the Ministries of the Franciscan Sisters of Chicago. Its mission, as stated, is to celebrate life and serve with joy. This mission is reflected in the Assisted Living services it provides, designed to cater to the physical, social, and spiritual needs of its residents. The Village at Mercy Creek strives to enable its residents to maintain an active lifestyle, even as they require assistance. This is achieved through various amenities such as three meals daily, snacks, housekeeping, maintenance, security, and a range of religious and life enrichment activities. Staff is also on hand to offer assistance with activities of daily living, ensuring that each resident's unique needs are met. In essence, The Village at Mercy Creek's mission is to foster a vibrant, supportive environment where its residents can live their lives to the fullest.
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Impact
July, 2024
The Village At Mercy Creek's impact is significant in providing quality assisted living services to support the Ministries of the Franciscan Sisters of Chicago. By offering care that meets the physical, social, and spiritual needs of residents, The Village At Mercy Creek promotes an active lifestyle while ensuring assistance with daily activities. With a focus on celebrating life and serving with joy, this organization positively impacts the lives of its residents in Lemont, IL.
This information is meant to be a general summary of The Village At Mercy Creek. 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: -$55
- Program Service Revenue: $2,892,320
- Gross Receipts: $3,127,626
Assets and Liabilities:
- Total Assets: $13,521,128
- Total Liabilities: $12,360,598
- Net Assets: $1,160,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Service Revenue - Assisted Living
Revenue
$2,835,533
Net Service Revenue - Independent Living
Revenue
$55,787
Residential rental income
Revenue
$1,000
Organization Details
Founding Year
2011
Phone
(331) 318-5200Main Address
11500 Theresa Drive, Lemont, IL, 604392727
NTEE Category
Code: L21 - Housing
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