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Mercy Housing Northwest

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

EIN: 911546525 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Mercy Housing Northwest?

Mercy Housing Northwest is a nonprofit organization based in Denver, Colorado, dedicated to providing affordable housing and essential services to low-income families, seniors, and individuals with special needs. Their mission goes beyond just housing, as they offer tailored programs in education, community, health and wellness, and economic stability, all at no cost to their residents. These initiatives include after-school programs, GED and English courses, employment initiatives, and homeownership seminars, among others. Mercy Housing Northwest's primary goal is to ensure that financially disadvantaged individuals and communities have access to safe, quality housing. Through the development, ownership, and operation of low-income housing properties, Mercy Housing Northwest seeks to make a positive impact on the lives of their residents and the communities they serve.


Official website here: www.mercyhousing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Mercy Housing Northwest has received a strong Four-Star rating from Charity Navigator, indicating exceptional accountability and financial management. With a perfect score in various categories, including board independence and financial oversight, this organization demonstrates a commitment to transparency and responsible stewardship of resources, which is crucial for donor confidence.

User feedback on platforms like Great Nonprofits highlights the positive impact of Mercy Housing's services. A client shared their appreciation for the comfortable living conditions and supportive community environment, emphasizing the respectful treatment residents receive. The quick response from maintenance staff further underscores the organization's dedication to maintaining a high quality of life for its residents.

While the ratings and reviews reflect a strong reputation, there may be limitations in the breadth of user feedback, as only a limited number of reviews were available. Nonetheless, the overall positive sentiment and high accountability score position Mercy Housing Northwest as a reliable nonprofit in the housing sector.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Mercy Housing Northwest legitimate?

Mercy Housing Northwest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Housing Northwest 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: $2,799,113

For more financial information, click here


Official website here: www.mercyhousing.org

What is the mission statement of Mercy Housing Northwest?

Mercy Housing Northwest is dedicated to facilitating the provision of affordable housing for low-income families, seniors, people with special needs, homeless and potentially homeless individuals. Their mission extends beyond just offering housing, as they also provide a range of free programs and services to their residents. These initiatives aim to enhance the lives of the residents and contribute positively to their communities. Mercy Housing Northwest's commitment is to ensuring that individuals who lack the financial resources to secure quality, safe housing have access to it. Their compassionate approach goes beyond the mere physical dwelling, focusing on improving the overall well-being of the residents.


Official website here: www.mercyhousing.org

Who is the CEO of Mercy Housing Northwest?

Joseph Thompson is the President of Mercy Housing Northwest.


Official website here: www.mercyhousing.org

What is the revenue of Mercy Housing Northwest?

Mercy Housing Northwest's revenue in 2022 was $18,608,088.


Official website here: www.mercyhousing.org

Who are the executives of Mercy Housing Northwest and what are their salaries?


Here are 21 key members and their salaries:


Allison Simon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashenafi Gossaye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Azmera Melashu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Crow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Davenport (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Gunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cuc Vu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgia Yianakulis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Fernandes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Ann Showalter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Byron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Junior Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samona Burleson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sukanya Paciorek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susanna Tran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Payne (Treasurer)
  • Compensation: $0
  • Related: $189,811
  • Other: $4,240
Colin Morgan-Cross (Vice President)
  • Compensation: $0
  • Related: $163,550
  • Other: $10,385
Joe Rosenblum (Secretary)
  • Compensation: $0
  • Related: $215,449
  • Other: $8,873
Joseph Thompson (President)
  • Compensation: $0
  • Related: $226,767
  • Other: $50,526
Melissa Clayton (Vice President)
  • Compensation: $0
  • Related: $228,009
  • Other: $33,552
Sherif Azab (Vice President)
  • Compensation: $0
  • Related: $93,499
  • Other: $412


Official website here: www.mercyhousing.org

Where can I find the form 990 for Mercy Housing Northwest?

Mercy Housing Northwest'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

Mercy Housing Northwest, a renowned nonprofit organization, is committed to facilitating the provision of affordable housing to families, seniors, people with special needs, homeless and potentially homeless individuals. In doing so, the mission of Mercy Housing Northwest extends beyond just housing, as it aims to improve the lives of its residents and the communities they live in.

The organization's primary focus lies in addressing the financial barriers that prevent individuals and families from obtaining quality, safe housing. Mercy Housing Northwest provides affordable housing options for those who would otherwise struggle to secure a place to call home. By offering affordable housing, the nonprofit organization plays a crucial role in fostering stability and promoting self-sufficiency among its residents.

Moreover, Mercy Housing Northwest goes above and beyond by providing a range of free programs and services to its residents. These initiatives are designed to enhance the quality of life for those living in the organization's affordable housing projects. By offering services that cater to the unique needs of its residents, Mercy Housing Northwest creates thriving communities that foster growth, resilience, and hope.

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Impact




October, 2024

Mercy Housing Northwest significantly impacts the lives of low-income families, seniors, and individuals facing challenges such as homelessness or disabilities by developing, owning, and operating affordable housing. Through a tailored approach, they offer essential resident services and programs at no cost, focusing on four key areas: education, community engagement, health and wellness, and economic stability.

These programs include after-school initiatives for children, GED and English language courses, employment assistance, and resources for homeownership. By addressing the unique needs of each community, Mercy Housing Northwest helps residents gain the tools and support necessary to improve their quality of life. This commitment to providing safe, affordable housing and comprehensive services not only enhances the well-being of individuals but also fosters stronger, more resilient communities.




This information is meant to be a general summary of Mercy Housing Northwest. 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
$18,608,088 (2022)
Expenses
$7,905,250 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $73,013
  • Program Service Revenue: $8,271,194
  • Gross Receipts: $18,608,088

Assets and Liabilities:

  • Total Assets: $130,782,771
  • Total Liabilities: $51,294,752
  • Net Assets: $79,488,019

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Programs

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

DEVELOPER FEES

Revenue

$4,381,193

ASSET MANAGEMENT FEES

Revenue

$1,239,001

NET RENTAL REVENUE

Revenue

$1,169,001

PROGRAM INTEREST

Revenue

$983,828

LEASE REVENUE

Revenue

$149,704

Organization Details

Founding Year

1992

Principal Officer

Joseph Thompson

Main Address

1600 BROADWAY SUITE 2000, DENVER, CO, 80202

NTEE Category

Code: L21 - Housing

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