Overview
What is Mercy Housing Northwest - Idaho Inc?
Mercy Housing Northwest - Idaho Inc is a nonprofit organization headquartered in Denver, Colorado. Their primary mission is to develop and provide affordable housing opportunities for low-income families, seniors, individuals with special needs, the homeless, and those at risk of becoming homeless. They achieve this by acquiring suitable locations for new construction or rehabilitation of existing properties, securing financing for low-income housing projects, and overseeing the construction and certification of occupancy for these properties. The organization's goal is to ensure that individuals who lack the financial resources can access quality, safe housing, and they also offer free programs and services to residents of their affordable housing projects to enhance their lives and communities.
Official website here: www.mercyhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Mercy Housing Northwest - Idaho Inc has received a Three-Star rating from Charity Navigator, reflecting solid performance in financial accountability and transparency. The charity's overall score is primarily based on its Accountability & Finance metrics, which scored 82%. This rating indicates that the organization is effectively managing its resources and maintaining a high level of accountability to its donors.
The organization boasts a fully independent board, which is a significant strength, as indicated by the perfect scores in board composition and conflict of interest policy. It has also demonstrated strong practices in asset management, with no material diversions noted, and maintains transparency in its operations through listed website information and retention policies. Additionally, the program expense ratio of 84.58% suggests that a substantial portion of its funding is directed towards its mission-related activities.
Despite the favorable scores, the rating is solely based on financial accountability, leaving out other potential performance indicators such as program effectiveness or community impact. While the organization shows strong governance and financial management, further insights into its operational outcomes would provide a more comprehensive understanding of its overall effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Housing Northwest - Idaho Inc legitimate?
Mercy Housing Northwest - Idaho Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Housing Northwest - Idaho 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: $41,226
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Mercy Housing Northwest - Idaho Inc?
Mercy Housing Northwest-Idaho's mission is to facilitate the provision of affordable housing for families, seniors, individuals with special needs, the homeless, and potentially homeless individuals who would otherwise struggle to afford quality, safe housing. Additionally, the organization offers a range of free programs and services to residents of their affordable housing projects, designed to enhance their lives and the communities they live in. The aim is to directly address the housing needs of those who are financially disadvantaged, improving their living conditions and overall well-being.
Official website here: www.mercyhousing.org
Who is the CEO of Mercy Housing Northwest - Idaho Inc?
Joseph Thompson is the President of Mercy Housing Northwest - Idaho Inc.
Official website here: www.mercyhousing.org
What is the revenue of Mercy Housing Northwest - Idaho Inc?
Mercy Housing Northwest - Idaho Inc's revenue in 2022 was $198,140.
Official website here: www.mercyhousing.org
Who are the executives of Mercy Housing Northwest - Idaho Inc and what are their salaries?
There 3 volunteers at Mercy Housing Northwest - Idaho Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $163,550
- Other: $10,385
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $226,767
- Other: $50,526
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $93,499
- Other: $412
Official website here: www.mercyhousing.org
Where can I find the form 990 for Mercy Housing Northwest - Idaho Inc?
Mercy Housing Northwest - Idaho 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 Housing Northwest - Idaho Inc
Mercy Housing Northwest-Idaho is committed to facilitating the provision of affordable housing for families, seniors, individuals with special needs, the homeless, and potentially homeless individuals. These individuals often lack the financial resources to secure quality, safe housing on their own. Beyond providing affordable housing, Mercy Housing Northwest-Idaho extends its mission by offering a variety of free programs and services to its residents. These programs and services are designed to enhance their lives and contribute positively to the communities in which they reside. By doing so, Mercy Housing Northwest-Idaho aims to make a tangible impact in the lives of those it serves, ensuring they have access to necessary resources and support.
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Impact
October, 2024
Mercy Housing Northwest - Idaho Inc significantly enhances the quality of life for low-income families, seniors, individuals with disabilities, and those experiencing homelessness or at risk of homelessness. By focusing on the development of affordable housing, the organization provides safe, quality living environments that might otherwise be inaccessible to these vulnerable populations.
The impact of Mercy Housing Northwest is felt through its comprehensive housing development programs, which involve identifying suitable locations for new constructions or rehabilitating existing properties. This ensures that multi-family rental properties and single-family housing units are available to those in need. The organization also plays a crucial role in securing financing for these developments, managing construction or rehabilitation projects, and ensuring they meet occupancy certification standards.
In addition to providing affordable housing, Mercy Housing Northwest offers a variety of free programs and services aimed at uplifting residents. These initiatives are designed not just to improve individual lives but to foster community engagement and cohesion. By addressing the broader needs of its residents, Mercy Housing Northwest helps cultivate healthier, more resilient communities.
This information is meant to be a general summary of Mercy Housing Northwest - Idaho 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.
- Program Service Revenue: $54,560
- Gross Receipts: $198,140
Assets and Liabilities:
- Total Assets: $24,256
- Total Liabilities: $1,061,114
- Net Assets: -$1,036,858
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$50,417
PROGRAM INTEREST
Revenue
$4,143
Organization Details
Founding Year
1992
Phone
(303) 830-3300Principal Officer
Joseph Thompson
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: L80 - Housing
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