Overview
What is Plazas De Merced?
Plazas De Merced is a nonprofit organization established in 1994, primarily based in Phoenix, Arizona. The organization's mission is to provide housing, education, and supportive services to low-income and homeless individuals. Operating under Section 811 of the National Affordable Housing Act of 1990, Plazas De Merced manages a 25-unit project, which is regulated by HUD in terms of rent charges and operating methods. The project, currently operating under the same name, is a multi-state initiative that aims to create a conducive living environment for its residents.
Official website here: www.mercyhousing.org
Is Plazas De Merced legitimate?
Plazas De Merced is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plazas De Merced 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: $37,257
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Plazas De Merced?
Plazas De Merced is dedicated to operating a 25-unit housing project, providing affordable living spaces and supportive services to low-income and homeless individuals. This project, located in an unspecified area, aims to offer more than just housing. It also incorporates educational resources to empower its residents, ensuring they have the necessary tools for self-improvement and independence. The organization's mission is aligned with the National Affordable Housing Act of 1990, regulated by HUD for fair rent charges and operational methods.
Official website here: www.mercyhousing.org
Who is the CEO of Plazas De Merced?
Melissa Clayton is the Vice President/Director of Plazas De Merced.
Official website here: www.mercyhousing.org
What is the revenue of Plazas De Merced?
Plazas De Merced's revenue in 2022 was $257,116.
Official website here: www.mercyhousing.org
Who are the executives of Plazas De Merced and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $134,820
- Other: $30,258
- Compensation: $0
- Related: $154,467
- Other: $14,745
Official website here: www.mercyhousing.org
Where can I find the form 990 for Plazas De Merced?
Plazas De Merced'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 Plazas De Merced
Plazas De Merced, established as a non-profit corporation in 1994, is dedicated to providing housing, educational, and supportive services to low-income and homeless individuals. The organization's mission is to own and operate a 25-unit housing project, adhering to Section 811 of the National Affordable Housing Act of 1990. This project, which is regulated by the U.S. Department of Housing and Urban Development (HUD), offers rental units at controlled rates and operating methods. Plazas De Merce's mission is to create a safe and supportive living environment for those in need, aiming to improve their overall well-being and provide them with the necessary resources to rebuild their lives.
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Impact
October, 2024
Plazas De Merced significantly impacts the community by providing stable, low-income housing and essential supportive services to vulnerable populations, including low-income and homeless individuals. Operating a 25-unit housing project in Phoenix, Arizona, it addresses urgent needs for affordable rental options, ensuring that residents have a safe place to live.
Beyond housing, the initiative also emphasizes educational and supportive services, facilitating personal and professional growth for residents. By integrating these services, Plazas De Merced not only addresses immediate housing insecurity but also fosters stability and long-term empowerment. This holistic approach contributes to breaking the cycle of poverty and homelessness, ultimately enhancing the quality of life for its residents and strengthening the community as a whole.
Through regulatory frameworks established under the National Affordable Housing Act, the project promotes sustainable living conditions while adhering to standards that safeguard both affordability for residents and the integrity of the housing market. Plazas De Merced exemplifies how targeted housing solutions can catalyze broader social change and uplift individuals, families, and the wider community.
This information is meant to be a general summary of Plazas De Merced. 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: $100
- Program Service Revenue: $50,115
- Gross Receipts: $257,116
Assets and Liabilities:
- Total Assets: $364,158
- Total Liabilities: $109,240
- Net Assets: $254,918
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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
$45,281
OTHER REVENUE
Revenue
$4,097
ANCILLARY SERVICES
Revenue
$737
Organization Details
Founding Year
1993
Phone
(303) 830-3300Principal Officer
Melissa Clayton
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: L21 - Housing
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