Overview
What is Mercy Housing West?
Mercy Housing West is a nonprofit organization located in Denver, Colorado. Their primary mission is to develop and manage housing facilities and provide supportive services for low-income, homeless, potentially homeless, or otherwise disadvantaged individuals. They invest in limited partnerships that offer low-income housing and necessary support services, ensuring qualified recipients through rigorous investigation processes. Their work aims to contribute to the well-being of underprivileged communities, offering a sanctuary for those in need.
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 Housing West has received a solid Three-Star rating from Charity Navigator, primarily reflecting its commitment to accountability and finance. The organization scored well in key areas such as financial efficiency and governance practices, indicating a strong level of transparency and organizational health. However, it is noteworthy that the board lacks independent members, which may raise concerns about governance independence.
The organization has an impressive program expense ratio of 99.95%, showcasing a significant dedication to its mission through program spending. Hello transparency, Mercy Housing West maintains essential policies like conflict of interest and whistleblower protections. Despite these strengths, the lack of independent board members could be considered a limitation in oversight.
User reviews from GreatNonprofits are not available at this time, which limits the insight into community perspectives on Mercy Housing West's impact and effectiveness. However, the financial health indicated by its ratings suggests that it is a trustworthy organization focused on fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Housing West legitimate?
Mercy Housing West is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Housing West 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: $968,981
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Mercy Housing West?
Mercy Housing West's mission is centered around managing and directing low-income housing and providing services to various disadvantaged populations, including families, the elderly, disabled, homeless, potentially homeless, and other individuals in need. The organization invests in partnerships that provide affordable housing and supportive services to these individuals, adhering to its exempt purpose. The majority of disbursements in support of its exempt-purpose programs are made during the active conduct of these activities. Additional disbursements are made in accordance with procedures or conditions established by the organization's board of directors, ensuring that qualified recipients receive the funds.
Official website here: www.mercyhousing.org
Who is the CEO of Mercy Housing West?
Doug Shoemaker is the President/Director of Mercy Housing West.
Official website here: www.mercyhousing.org
What is the revenue of Mercy Housing West?
Mercy Housing West's revenue in 2022 was $7,567,892.
Official website here: www.mercyhousing.org
Who are the executives of Mercy Housing West and what are their salaries?
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $151,225
- Other: $7,573
- Compensation: $0
- Related: $304,832
- Other: $28,064
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $157,372
- Other: $10,314
- 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: $256,515
- Other: $45,801
- Compensation: $0
- Related: $169,136
- Other: $31,795
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $189,462
- Other: $7,937
- Compensation: $0
- Related: $198,100
- Other: $21,341
- Compensation: $0
- Related: $143,251
- Other: $38,467
- Compensation: $0
- Related: $164,838
- Other: $15,948
- Compensation: $0
- Related: $161,460
- Other: $35,386
Official website here: www.mercyhousing.org
Where can I find the form 990 for Mercy Housing West?
Mercy Housing West'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 Housing West
Mercy Housing West is an organization dedicated to managing and directing low-income housing and providing services to families, elderly, disabled, homeless, potentially homeless, or otherwise disadvantaged individuals. Their primary mission is to invest in limited partnerships that provide low-income housing and supportive services to those in need, aligning with their exempt purpose. The organization's disbursements are primarily made to further these activities, ensuring that the individuals and organizations receiving assistance are properly investigated and qualified as recipients. The Board of Directors establishes procedures and conditions to ensure this process, ensuring that Mercy Housing West's resources are allocated effectively to those who require it most.
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Impact
July, 2024
Mercy Housing West's impact is significant in managing and directing low income housing and providing crucial services to low-income families, elderly, handicapped, homeless, potentially homeless, and other disadvantaged persons. By developing projects that offer housing facilities and supportive services to those in need, Mercy Housing West plays a vital role in addressing homelessness and providing stability to individuals facing financial hardships. Through their investments in limited partnerships, they are able to offer low-income housing and support services, aligning with their mission to serve those who are marginalized in society. Overall, Mercy Housing West's efforts contribute to creating a more equitable and compassionate community for all.
This information is meant to be a general summary of Mercy Housing West. 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: $35,236
- Program Service Revenue: $2,093,108
- Gross Receipts: $7,567,892
Assets and Liabilities:
- Total Assets: $50,166,496
- Total Liabilities: $21,155,556
- Net Assets: $29,010,940
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$1,484,302
NET RENTAL REVENUE
Revenue
$636,064
OTHER INCOME
Revenue
-$27,258
Organization Details
Founding Year
2002
Phone
(303) 830-3300Principal Officer
Doug Shoemaker
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: Z99Z - Unknown
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