Overview
What is Mercy Place Belmont Inc?
Mercy Place Belmont Inc., established in 2002 as a North Carolina nonprofit organization, is dedicated to constructing and managing a low-income housing project. Nestled in Belmont, North Carolina, the project, named Mercy Place Belmont, consists of 40 units and caters to the needs of elderly and handicapped individuals. The organization, regulated by the U.S. Department of Housing and Urban Development (HUD), ensures affordable rent and adheres to strict operating methods. Mercy Place Belmont Inc. plays a vital role in providing housing solutions for this specific community segment, enhancing their quality of life.
Official website here: www.mercyhousing.org
Is Mercy Place Belmont Inc legitimate?
Mercy Place Belmont Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Place Belmont 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: $83,393
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Mercy Place Belmont Inc?
Mercy Place Belmont Inc's mission involves owning and operating a 40-unit low-income housing project, known as Mercy Place Belmont, providing housing for elderly and/or handicapped individuals. Established in 2002 as a North Carolina nonprofit corporation, the project operates under Section 202 of the Housing Act of 1959 and is regulated by HUD. The project, currently located in Belmont, North Carolina, provides affordable housing options for those in need. The organization's primary goal is to ensure the availability of suitable housing for vulnerable individuals, thereby enhancing their quality of life.
Official website here: www.mercyhousing.org
Who is the CEO of Mercy Place Belmont Inc?
James Alexander is the President/Director of Mercy Place Belmont Inc.
Official website here: www.mercyhousing.org
What is the revenue of Mercy Place Belmont Inc?
Mercy Place Belmont Inc's revenue in 2022 was $352,560.
Official website here: www.mercyhousing.org
Who are the executives of Mercy Place Belmont Inc and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $127,814
- Other: $21,025
- Compensation: $0
- Related: $104,597
- Other: $45,941
- Compensation: $0
- Related: $63,576
- Other: $14,262
- Compensation: $0
- Related: $233,119
- Other: $11,765
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $100,631
- Other: $27,789
- Compensation: $0
- Related: $62,977
- Other: $14,353
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $189,811
- Other: $4,240
- 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 Place Belmont Inc?
Mercy Place Belmont 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 Place Belmont Inc
Mercy Place Belmont Inc, established as a nonprofit corporation, is dedicated to providing housing for elderly and handicapped individuals. Through its operation, the organization manages a 40-unit low-income housing project known as Mercy Place Belmont, situated in an undisclosed location. This project is regulated by the HUD, with rent charges and operating methods being subject to their guidelines. Mercy Place Belmont Inc's mission is centered around offering a safe and comfortable living environment for individuals who may require additional assistance due to their age or physical condition. The organization's commitment to this mission is evident in the operation of this housing project, which is currently serving its residents under the name Mercy Place Belmont.
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Impact
October, 2024
Mercy Place Belmont Inc directly addresses the critical need for affordable housing for elderly and handicapped individuals in Belmont, North Carolina. By owning and operating a 40-unit low-income housing project, it creates a supportive living environment that fosters independence and enhances the quality of life for its residents.
The project is structured under Section 202 of the Housing Act of 1959, ensuring that it meets the specific needs of its target demographic while adhering to regulations set by HUD. This commitment not only helps alleviate housing insecurity among vulnerable populations but also promotes community integration and social support.
Through its operations, Mercy Place Belmont Inc contributes to the overall well-being of the community by providing safe, stable housing options, thereby playing a vital role in improving the lives of those it serves. Its impact resonates beyond the physical shelter provided; it nurtures a sense of belonging and stability among elderly and handicapped individuals, empowering them to thrive within their community.
This information is meant to be a general summary of Mercy Place Belmont 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: $604
- Program Service Revenue: $143,379
- Gross Receipts: $352,560
Assets and Liabilities:
- Total Assets: $1,407,014
- Total Liabilities: $90,761
- Net Assets: $1,316,253
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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
$141,561
OTHER REVENUE
Revenue
$912
ANCILLARY SERVICES
Revenue
$906
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: L22 - Housing
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