Overview
What is Mercy Community Housing Georgia Inc?
Mercy Community Housing Georgia Inc is a nonprofit organization situated in Denver, Colorado, with a focus on managing and directing low- and moderate-income housing projects and supportive services. Their mission is to create stable, vibrant, and healthy communities by developing, financing, and operating affordable, program-enriched housing for families, seniors, and individuals with special needs. These individuals typically lack the necessary economic resources to secure safe and quality housing opportunities. Mercy Community Housing Georgia Inc works tirelessly to provide a range of housing solutions, catering to the needs of low-income families, the elderly, handicapped individuals, the homeless, and those with specific requirements.
Official website here: www.mercyhousing.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Mercy Community Housing Georgia Inc has achieved a Three-Star rating with a score of 81%, which reflects strong performance primarily in the area of Accountability & Finance. The organization demonstrates a strong commitment to transparency and governance, as evidenced by having an entirely independent board and robust financial oversight mechanisms in place. The presence of policies like conflict of interest and whistleblower protections further contributes to their commendable governance structure.
The organization exhibits excellent program expense ratios, with 100% of its finances directed towards its programs. This indicates a focus on maximizing impact through their housing initiatives. However, the liabilities to assets ratio is a point of concern, scoring 0 out of 15 points, suggesting potential financial vulnerability. It may warrant further scrutiny regarding their long-term sustainability and financial health.
Overall, while Mercy Community Housing Georgia Inc shows strengths in governance and program spending, attention to their financial liabilities would strengthen their overall standing. The positive governance framework and efficient use of funds align with their mission to provide housing assistance, contributing positively to the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Community Housing Georgia Inc legitimate?
Mercy Community Housing Georgia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Community Housing Georgia 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: $270,633
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Mercy Community Housing Georgia Inc?
Mercy Community Housing Georgia Inc is committed to managing and directing entities that aim to establish stable, vibrant, and healthy communities. They accomplish this by developing, financing, and operating affordable, program-enriched housing for families, seniors, and individuals with special needs who struggle financially and have limited access to quality, safe housing opportunities. The organization's ultimate goal is to contribute to the betterment of these communities by providing suitable living spaces and enriching programs.
Official website here: www.mercyhousing.org
Who is the CEO of Mercy Community Housing Georgia Inc?
James Alexander is the President/Director of Mercy Community Housing Georgia Inc.
Official website here: www.mercyhousing.org
What is the revenue of Mercy Community Housing Georgia Inc?
Mercy Community Housing Georgia Inc's revenue in 2022 was $1,913,565.
Official website here: www.mercyhousing.org
Who are the executives of Mercy Community Housing Georgia Inc and what are their salaries?
There 5 volunteers at Mercy Community Housing Georgia Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $233,119
- Other: $11,765
- 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: $94,309
- Other: $16,925
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $134,820
- Other: $30,258
- Compensation: $0
- Related: $228,009
- Other: $33,552
Official website here: www.mercyhousing.org
Where can I find the form 990 for Mercy Community Housing Georgia Inc?
Mercy Community Housing Georgia Inc'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 Community Housing Georgia Inc
Mercy Community Housing Georgia, Inc. is an organization dedicated to managing or directing entities with the purpose of fostering stable, vibrant, and healthy communities. They achieve this by developing, financing, and operating affordable, program-enriched housing for families, seniors, and individuals with special needs. These individuals often lack the economic resources to access quality, safe housing opportunities. By providing such housing, Mercy Community Housing Georgia, Inc. aims to contribute to the creation of communities that are both stable and enriching for its residents.
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Impact
July, 2024
Mercy Community Housing Georgia Inc's impact is centered around creating stable, vibrant, and healthy communities by developing, financing, and operating affordable, program-enriched housing for families, seniors, and people with special needs who lack the economic resources to access quality, safe housing opportunities. They manage or direct low- and moderate-income housing projects and provide supportive services for low-income families, the elderly, handicapped individuals, homeless populations, and disadvantaged persons in Georgia. Through their efforts, Mercy Community Housing Georgia Inc contributes to addressing the housing needs of vulnerable populations and enhancing community well-being.
This information is meant to be a general summary of Mercy Community Housing Georgia 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: $220,279
- Program Service Revenue: $932,946
- Gross Receipts: $1,913,565
Assets and Liabilities:
- Total Assets: $9,821,805
- Total Liabilities: $9,401,932
- Net Assets: $419,873
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$781,937
SERVICES FEES
Revenue
$83,542
OTHER REVENUE
Revenue
$67,467
Organization Details
Founding Year
2002
Phone
(303) 830-3300Principal Officer
James Alexander
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: L20 - Housing
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