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Mercer Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 825265725 ✦ Nashville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Mercer Foundation Inc?

Mercer Foundation Inc, situated in Nashville, North Carolina, is a compassionate nonprofit organization with a mission to create beneficial opportunities for children and offer assistance to disabled veterans. Their services encompass housing provisions, scholarship programs, and various other supportive initiatives. By offering these resources, they strive to positively impact the lives of both young individuals and veterans who require additional support. The organization's small yet dedicated workforce comprises one dedicated employee.


Official website here: www.mercerfoundation.org

Is Mercer Foundation Inc legitimate?

Mercer Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercer Foundation 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: $12,994
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mercerfoundation.org

What is the mission statement of Mercer Foundation Inc?

The Mercer Foundation's mission revolves around creating beneficial opportunities for children and offering assistance to disabled veterans. To accomplish this, the foundation provides housing opportunities, scholarship programs, and various other services. Their goal is to enhance the lives of children and provide the necessary support for disabled veterans, thereby contributing to their well-being.


Official website here: www.mercerfoundation.org

Who is the CEO of Mercer Foundation Inc?

James Mercer is the President of Mercer Foundation Inc.


Official website here: www.mercerfoundation.org

What is the revenue of Mercer Foundation Inc?

Mercer Foundation Inc's revenue in 2023 was $95,461.


Official website here: www.mercerfoundation.org

Who are the executives of Mercer Foundation Inc and what are their salaries?

The average compensation at Mercer Foundation Inc during 2023 was $12,994. There is 1 employee and 10 volunteers at Mercer Foundation Inc.


Here are 2 key members and their salaries:


James Mercer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delois Mercer (Treasurer)
  • Compensation: $9,746
  • Related: $0
  • Other: $0


Official website here: www.mercerfoundation.org

Where can I find the form 990 for Mercer Foundation Inc?

Mercer Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mercerfoundation.org

Learn more at the official website: www.mercerfoundation.org

Mission Statement of Mercer Foundation Inc

The Mercer Foundation Inc is dedicated to creating beneficial opportunities for children and offering assistance to disabled veterans. Their mission is multifaceted, encompassing various initiatives to promote health and well-being. The organization achieves this mission by providing housing opportunities, scholarship programs, and other supportive services. By doing so, the Mercer Foundation aims to enhance the lives of children and offer much-needed aid to disabled veterans, thereby contributing to a more prosperous and inclusive community.

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Impact




October, 2024

Mercer Foundation Inc creates positive impacts in the community by focusing on two critical areas: supporting children and assisting disabled veterans. By providing healthy opportunities for children, the organization fosters environments that enhance physical and emotional well-being, encouraging healthier lifestyles and overall development.

Additionally, Mercer Foundation assists disabled veterans through various programs, including housing opportunities and scholarship initiatives. This support helps veterans reintegrate into society, pursue education, and improve their quality of life. Through these efforts, the foundation plays a vital role in building a more inclusive and supportive community in Nashville, NC, ensuring that both children and veterans receive the resources and opportunities they need to thrive.




This information is meant to be a general summary of Mercer Foundation 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.

Revenue
$95,461 (2023)
Expenses
$87,320 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $19,756
  • Gross Receipts: $95,461

Assets and Liabilities:

  • Total Assets: $20,308
  • Total Liabilities: $21,123
  • Net Assets: -$815

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

VETERANS FEES

Revenue

$19,756

Organization Details

Founding Year

2018

Principal Officer

James Mercer

Main Address

271 COTTONWOOD ROAD, NASHVILLE, NC, 27856

NTEE Category

Code: P50 - Human services

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