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La Merced Foundation Inc

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

EIN: 832104247 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is La Merced Foundation Inc?

La Merced Foundation Inc is a nonprofit organization headquartered in Memphis, Tennessee, with a mission to establish and sustain a girls' home in Pereira, Risaralda, Colombia. This charitable entity primarily focuses on health care-related fundraising and distribution. Its objective is to support the construction and maintenance of this home for young girls, offering them a safe and nurturing environment. The foundation operates as a fundraising and distribution organization, raising funds to achieve its mission in Colombia.

Is La Merced Foundation Inc legitimate?

La Merced Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Merced Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of La Merced Foundation Inc?

The La Merced Foundation's mission is centered around constructing and maintaining a girls' home in Pereira Risaralda, Colombia. Operating as a health care-focused fundraising and distribution organization, its primary goal is to support this residential facility. The foundation seeks to raise funds and subsequently distribute them towards this endeavor, thereby contributing to the well-being of young girls in Colombia.

Who is the CEO of La Merced Foundation Inc?

Blanca Simpson is the President of La Merced Foundation Inc.

What is the revenue of La Merced Foundation Inc?

La Merced Foundation Inc's revenue in 2022 was $63,113.

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


Here are 4 key members and their salaries:


Blanca Simpson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Simpson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blanca Garcia (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Olvera (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for La Merced Foundation Inc?

La Merced Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of La Merced Foundation Inc

The La Merced Foundation, established with a focus on health care, seeks to construct and sustain a girls' home in Pereira Risaralda, Colombia. Acting as a fundraising and distribution organization, this nonprofit organization based in Memphis, Tennessee, is dedicated to supporting this initiative. Its primary mission is to provide a safe and nurturing environment for young girls in need, fostering their growth and well-being. The La Merced Foundation plays a significant role in raising funds and distributing them to ensure the successful operation of the girls' home, aiming to make a positive impact on the lives of these young individuals.

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Impact




August, 2024

La Merced Foundation Inc's impact lies in its mission to build and support a girls' home in Pereira Risaralda, Colombia, South America. By operating as a healthcare fundraising and fund distribution organization based in Memphis, TN, this foundation is making a tangible difference in the lives of young girls in need. Its focus on providing a safe and supportive environment for these girls speaks to the heart of the importance of social welfare and empowerment.




This information is meant to be a general summary of La Merced 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
$63,113 (2022)
Expenses
$73,570 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $63,113

Assets and Liabilities:

  • Total Assets: $142,803
  • Total Liabilities: $0
  • Net Assets: $142,803

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Organization Details

Principal Officer

Blanca Simpson

Main Address

3755 MACON ROAD, MEMPHIS, TN, 38122

NTEE Category

Code: E12 - Health

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