Overview
What is Mercy Properties California?
Mercy Properties California is a nonprofit organization based in Denver, Colorado, dedicated to addressing housing needs and providing essential services for disadvantaged individuals and families. Their primary mission involves developing and managing affordable housing units, catering to low-income families, the elderly, handicapped, homeless, potentially homeless, and other individuals who struggle economically. The organization aims to create stable, vibrant, and healthy communities by offering program-enriched housing opportunities that ensure quality and safety for its residents.
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 Properties California has received a Three-Star rating from Charity Navigator, signifying a solid level of accountability and financial management. The organization's score is based entirely on their Accountability & Finance metrics, reflecting a strong commitment to transparency and governance practices. With an impressive program expense ratio of 99.84%, the charity demonstrates a focused allocation of resources towards its mission.
The organization excels in several key areas, including a complete adherence to financial oversight measures, with full points awarded for their audit committee and policies related to conflicts of interest and whistleblowing. Additionally, the charity has effectively managed its liabilities, maintaining a healthy ratio of liabilities to assets at 32.42%, indicating sound financial stability.
However, while the overall rating is positive, it is essential for potential donors and supporters to be aware that the score is based solely on financial criteria, and there may be limited information regarding programmatic impact or stakeholder engagement. This highlights an opportunity for Mercy Properties California to enhance transparency around their outcomes and effectiveness in meeting their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Properties California legitimate?
Mercy Properties California is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Properties California 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 Properties California?
Mercy Properties California is dedicated to managing or guiding entities with the purpose of establishing stable, thriving, and healthy communities. They achieve this by developing, financing, and operating affordable, program-enriched housing for families, seniors, and individuals with special needs who are economically disadvantaged, lack access to quality, safe housing opportunities. The organization's mission aims to provide housing for those who may be low-income, elderly, disabled, homeless, potentially homeless, or otherwise disadvantaged.
Official website here: www.mercyhousing.org
What is the revenue of Mercy Properties California?
Mercy Properties California's revenue in 2023 was $808,220.
Official website here: www.mercyhousing.org
Who are the executives of Mercy Properties California and what are their salaries?
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $296,251
- Other: $25,195
- Compensation: $0
- Related: $219,710
- Other: $17,820
- Compensation: $0
- Related: $265,721
- Other: $33,798
- Compensation: $0
- Related: $169,078
- Other: $11,670
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $192,189
- Other: $8,496
- Compensation: $0
- Related: $255,109
- Other: $38,385
- Compensation: $0
- Related: $197,417
- Other: $22,734
- Compensation: $0
- Related: $177,291
- Other: $28,669
- Compensation: $0
- Related: $222,348
- Other: $10,201
- Compensation: $0
- Related: $229,391
- Other: $20,964
- Compensation: $0
- Related: $168,803
- Other: $14,598
- Compensation: $0
- Related: $168,637
- Other: $33,259
- Compensation: $0
- Related: $84,979
- Other: $13,324
Official website here: www.mercyhousing.org
Where can I find the form 990 for Mercy Properties California?
Mercy Properties California's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mercyhousing.org
Learn more at the official website: www.mercyhousing.org
Mission Statement of Mercy Properties California
Mercy Properties California, a nonprofit organization, is dedicated to the mission of creating 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. The purpose of Mercy Properties California is to manage or direct entities that cater to individuals and families who lack the economic resources to access high-quality, safe housing opportunities due to their low income, elderly status, disability, homelessness, potential homelessness, or other disadvantaged circumstances. The organization aims to enhance the living conditions of those in need by providing them with a home that not only meets their basic needs but also offers enriching programs to foster a sense of community and well-being.
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Impact
July, 2024
Mercy Properties California's impact is crucial in developing low-income housing and providing essential services to low-income families, elderly individuals, handicapped individuals, homeless individuals, potentially homeless individuals, and other disadvantaged persons. The organization's mission is centered around providing affordable housing and educational and supportive services to those in need, ultimately working towards creating stable, vibrant, and healthy communities. Their focus on developing, financing, and operating affordable housing for families, seniors, and people with special needs who lack economic resources is instrumental in ensuring access to quality and safe housing opportunities.
This information is meant to be a general summary of Mercy Properties California. 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 2023.
- Investment Income: $1,476
- Program Service Revenue: $750,218
- Gross Receipts: $812,617
Assets and Liabilities:
- Total Assets: $10,460,962
- Total Liabilities: $3,392,433
- Net Assets: $7,068,529
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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
$750,218
Organization Details
Founding Year
2006
Principal Officer
Doug Shoemaker
Website
www.mercyhousing.orgNTEE Category
Code: L210 - Housing
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