Overview
What is Mercy Outreach Ministries Iii Inc?
Mercy Outreach Ministries III Inc is a nonprofit organization situated in Williston, Ohio. Their primary goal is to offer suitable, safe, and affordable housing options for individuals with mental and physical disabilities. They achieve this by managing grants through the Federal Housing and Urban Development (HUD) program. The demand for such assistance is increasing, but the availability of adequate housing options isn't keeping pace. The organization aims to bridge this gap, providing fully accessible and affordable housing that ensures the health, safety, and well-being of its residents. Their mission is to provide rental housing and related facilities and services specifically designed to meet the physical, social, and psychological needs of the elderly or handicapped, contributing to their overall health, security, happiness, and longevity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Mercy Outreach Ministries III Inc has received a high rating of 94%, indicating strong performance in both accountability and financial health. The organization boasts a perfect score for having a majority of independent board members, demonstrating a strong governance structure. Additionally, it has established policies around conflict of interest and whistleblower protections, which reflects a commitment to ethical management practices.
The organization is also commendable for its efficient use of resources, as evidenced by a program expense ratio of 87.41%. This means that a significant portion of its funding is directed towards its charitable programs rather than administrative costs. The low liabilities to assets ratio of 6.43% further highlights its financial stability, suggesting that it is in a good position to continue its mission effectively.
While there are no major limitations noted in the available data, the transparency in its operations and clear documentation practices reinforce the credibility of Mercy Outreach Ministries III Inc. Overall, the organization stands out for its strong governance and effective allocation of funds, making it a reliable choice for potential donors looking to support its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Outreach Ministries Iii Inc legitimate?
Mercy Outreach Ministries Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Outreach Ministries Iii 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,015
For more financial information, click here
What is the mission statement of Mercy Outreach Ministries Iii Inc?
Mercy Outreach Ministries III Inc's mission is centered around providing elderly and handicapped families and individuals with affordable and accessible housing and related facilities and services. This nonprofit organization aims to cater to their physical, social, and psychological needs, promoting their health, security, happiness, and longer lives. They achieve this by securing grants through the Federal Housing and Urban Development (HUD) program, as the demand for such housing options continues to outpace the available options. The organization's efforts contribute to offering more individuals with mental and physical disabilities with fully accessible and affordable housing, ensuring their overall well-being.
Who is the CEO of Mercy Outreach Ministries Iii Inc?
Terri Rodriguez is the Trustee of Mercy Outreach Ministries Iii Inc. The CEO's salary of Mercy Outreach Ministries Iii Inc is $0 and their total compensation is $157,888.
What is the revenue of Mercy Outreach Ministries Iii Inc?
Mercy Outreach Ministries Iii Inc's revenue in 2022 was $87,063.
Who are the executives of Mercy Outreach Ministries Iii Inc and what are their salaries?
There 6 volunteers at Mercy Outreach Ministries Iii Inc.
Here are 8 key members and their salaries (Mercy Outreach Ministries Iii Inc's CEO's salary is $0 and their total compensation is $157,888):
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $142,953
- Other: $14,935
- Compensation: $0
- Related: $81,586
- Other: $14,466
Where can I find the form 990 for Mercy Outreach Ministries Iii Inc?
Mercy Outreach Ministries Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mercy Outreach Ministries Iii Inc
Mercy Outreach Ministries III Inc is committed to providing elderly and handicapped families and individuals with accessible and affordable housing on a nonprofit basis. Their mission is to construct and manage facilities that cater to the physical, social, and psychological needs of these vulnerable groups, aiming to enhance their health, security, happiness, and overall well-being. The organization's efforts involve applying for and managing grants through the Federal Housing and Urban Development (HUD) program, as the demand for such housing options continues to increase, while the supply remains insufficient. By providing fully accessible and cost-effective housing, Mercy Outreach Ministries III Inc aims to improve the living conditions of people with disabilities, ensuring their safety and overall well-being.
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Impact
October, 2024
Mercy Outreach Ministries III Inc significantly impacts the lives of elderly and handicapped individuals by providing safe, affordable, and accessible housing options tailored to meet their unique needs. The organization addresses the growing demand for suitable living arrangements for those with mental and physical disabilities, striving to ensure that these vulnerable populations do not face housing insecurity.
By managing grants through the Federal Housing and Urban Development (HUD) program, Mercy Outreach Ministries III Inc creates opportunities for individuals to secure homes that enhance their health, security, and overall quality of life. This initiative not only facilitates physical well-being through appropriate living conditions but also fosters social interaction and psychological health, contributing to longer, happier, and more fulfilling lives.
The organization's dedication to building and maintaining housing that accommodates the specific requirements of elderly and disabled individuals helps alleviate the challenges they face in daily life, promoting their independence and dignity. As a result, Mercy Outreach Ministries III Inc plays a crucial role in improving the well-being and life satisfaction of its beneficiaries in Williston, OH, and beyond.
This information is meant to be a general summary of Mercy Outreach Ministries Iii 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: $15
- Program Service Revenue: $31,621
- Gross Receipts: $87,063
Assets and Liabilities:
- Total Assets: $676,460
- Total Liabilities: $43,503
- Net Assets: $632,957
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT FEES
Revenue
$31,621
Organization Details
Founding Year
2005
Phone
(419) 836-7741Principal Officer
Terri Rodriguez
Main Address
5810 N MAIN STREET PO BOX 187, WILLISTON, OH, 43468
NTEE Category
Code: P82 - Human services
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