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Mercy Properties Washington

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

EIN: 911903782 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Mercy Properties Washington?

Mercy Properties Washington is a nonprofit organization situated in Denver, Colorado. Their primary mission is to provide housing facilities and supportive services to individuals and families who are low-income, homeless, or otherwise disadvantaged. By offering educational programs alongside these accommodations, they aim to empower and uplift these communities, helping them overcome challenges and secure a stable living situation. The organization's commitment extends beyond just shelter, ensuring that they provide all the necessary resources and guidance to enable their beneficiaries' overall well-being and independence.


Official website here: www.mercyhousing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Mercy Properties Washington has received a Three-Star rating from Charity Navigator, with an overall score of 77% based solely on its Accountability & Finance. This score reflects strong performance in key areas such as material diversion of assets and the presence of essential governance policies, which indicates a commitment to transparency and responsible financial management.

The organization demonstrates excellent fiscal responsibility, as evidenced by a program expense ratio of 97.18%, suggesting that nearly all of its expenditures directly support its mission. Additionally, there have been no reported material diversions of assets, which further underscores its financial integrity. The charity also has comprehensive policies in place regarding conflicts of interest and whistleblower protections, contributing positively to its governance practices.

While Mercy Properties Washington shows strengths in accountability and finance, the overall score derived from a single beacon means that other aspects, such as program impact or community feedback, are not represented in this rating. Potential donors and supporters may want to seek additional information on the effectiveness of its programs and their outcomes to gain a fuller picture of the organization’s impact.


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

Is Mercy Properties Washington legitimate?

Mercy Properties Washington is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Properties Washington 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: $0

For more financial information, click here


Official website here: www.mercyhousing.org

What is the mission statement of Mercy Properties Washington?

Mercy Properties Washington is committed to offering housing facilities and educational and supportive services to low-income individuals, the homeless, and other disadvantaged persons, or those at risk of becoming homeless. Their mission is to provide a secure living environment and essential resources to help these individuals rebuild their lives and improve their overall well-being. The organization aims to empower its residents, offering them the necessary tools to overcome their challenges and lead fulfilling lives. Additionally, Mercy Properties Washington provides educational programs and resources to help its residents gain the skills needed to secure stable employment and financial independence.


Official website here: www.mercyhousing.org

Who is the CEO of Mercy Properties Washington?

Joseph Thompson is the President/Director of Mercy Properties Washington.


Official website here: www.mercyhousing.org

What is the revenue of Mercy Properties Washington?

Mercy Properties Washington's revenue in 2022 was $110,633.


Official website here: www.mercyhousing.org

Who are the executives of Mercy Properties Washington and what are their salaries?


Here are 5 key members and their salaries:


Colin Morgan-Cross (Vice President/Director)
  • Compensation: $0
  • Related: $163,550
  • Other: $10,385
Joseph Thompson (President/Director)
  • Compensation: $0
  • Related: $226,767
  • Other: $50,526
Sherif Azab (Vice President/Director)
  • Compensation: $0
  • Related: $93,499
  • Other: $412
Chad Payne (Treasurer)
  • Compensation: $0
  • Related: $189,811
  • Other: $4,240
Joseph Rosenblum (Secretary)
  • Compensation: $0
  • Related: $215,449
  • Other: $8,873


Official website here: www.mercyhousing.org

Where can I find the form 990 for Mercy Properties Washington?

Mercy Properties Washington'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 Properties Washington

Mercy Properties Washington is an organization dedicated to providing assistance to individuals who are financially disadvantaged, homeless, or potentially homeless. Their primary mission is to offer housing facilities, along with educational and supportive services, to these groups of people. By doing so, Mercy Properties Washington aims to make a significant impact on their lives, helping them to overcome their challenges and improve their overall living conditions. The organization's mission is centered around the belief that everyone deserves a safe and secure place to call home, regardless of their financial situation. By providing these essential services, Mercy Properties Washington is committed to uplifting and empowering those who are in need, fostering a sense of stability and independence.

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Impact




October, 2024

Mercy Properties Washington significantly impacts the community by providing essential housing facilities and supportive services to low-income, homeless, and potentially homeless individuals. Located in Denver, Colorado, the organization focuses on addressing the urgent needs of disadvantaged populations, ensuring that they have access to stable and safe housing.

By not only offering shelter but also educational and supportive services, Mercy Properties Washington empowers individuals to improve their circumstances and achieve greater self-sufficiency. This holistic approach fosters a sense of community and stability, enabling beneficiaries to pursue personal growth and long-term success. The organization's commitment to enhancing the quality of life for vulnerable populations plays a crucial role in addressing homelessness and housing insecurity in the area, ultimately contributing to the overall well-being and resilience of the community.




This information is meant to be a general summary of Mercy Properties Washington. 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
$110,633 (2022)
Expenses
$92,653 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $110,633
  • Gross Receipts: $110,633

Assets and Liabilities:

  • Total Assets: $2,792,500
  • Total Liabilities: $554,698
  • Net Assets: $2,237,802

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Programs

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

SERVICES FEES

Revenue

$110,874

LOSS ON INVESTMENT IN LP

Revenue

-$241

Organization Details

Founding Year

1998

Principal Officer

Joseph Thompson

Main Address

1600 BROADWAY SUITE 2000, DENVER, CO, 802025704

NTEE Category

Code: L20Z - Housing

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