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Mercy Housing Inc

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

EIN: 470646706 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Mercy Housing Inc?

Mercy Housing Inc is a Denver, Colorado-based nonprofit organization, with a workforce of 623 employees, dedicated to creating stable and vibrant communities by providing affordable, program-enriched housing for families, seniors, and individuals with special needs. Their mission transcends mere housing development; it involves managing and fostering the acquisition, financing, operation, and management of quality, affordable housing opportunities for those who lack the necessary economic resources. Mercy Housing, Inc. specializes in activities such as asset management, housing development, consulting services, construction management, and financial services specifically related to the development of affordable housing.


Official website here: www.mercyhousing.org

Is Mercy Housing Inc legitimate?

Mercy Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Housing 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.

Here are some key statistics you may want to consider:

Executive Compensation: $3,876,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,633,059

For more financial information, click here


Official website here: www.mercyhousing.org

What is the mission statement of Mercy Housing Inc?

Mercy Housing Inc is dedicated to creating stable, vibrant, and healthy communities by managing entities that develop, finance, and operate affordable, program-enriched housing for families, seniors, and people with special needs. These individuals often struggle to access quality, safe housing opportunities due to their limited economic resources. Mercy Housing's mission in action involves supporting and fostering the development, acquisition, financing, operation, and management of quality, affordable housing for low and moderate-income persons. Through this commitment, Mercy Housing aims to provide essential housing solutions, contributing to the overall well-being of the individuals and communities they serve.


Official website here: www.mercyhousing.org

Who is the CEO of Mercy Housing Inc?

Steve Spears is the Senior Vp/Cfo (Former) of Mercy Housing Inc.


Official website here: www.mercyhousing.org

What is the revenue of Mercy Housing Inc?

Mercy Housing Inc's revenue in 2022 was $38,598,550.


Official website here: www.mercyhousing.org

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

The average compensation at Mercy Housing Inc during 2022 was $23,290. There are 623 employees and 20 volunteers at Mercy Housing Inc.

Here are 42 key members and their salaries:

    Ismael Guerrero (President)
  • Compensation: $474,677
  • Related: $0
  • Other: $38,436

    • Cheryll O'Bryan (Vice President)
  • Compensation: $0
  • Related: $355,579
  • Other: $49,282

    • Dee Walsh (Vice President)
  • Compensation: $340,161
  • Related: $0
  • Other: $26,218

    • Christopher Reed (Vice President)
  • Compensation: $0
  • Related: $320,750
  • Other: $30,954

    • Doug Shoemaker (Vice President)
  • Compensation: $304,832
  • Related: $0
  • Other: $28,064

    • Edward Holder (Vice President)
  • Compensation: $256,515
  • Related: $0
  • Other: $45,801

    • Jason Battista (Senior Vice President)
  • Compensation: $244,398
  • Related: $0
  • Other: $36,143

    • Joseph Thompson (Senior Vice President)
  • Compensation: $226,767
  • Related: $0
  • Other: $50,526

    • Parag Gupta (Chief Program Officer)
  • Compensation: $263,559
  • Related: $0
  • Other: $159

    • Melissa Clayton (Senior Vice President)
  • Compensation: $228,009
  • Related: $0
  • Other: $33,552

    • Angela Bruno (Senior Vice President / Cfo)
  • Compensation: $248,913
  • Related: $0
  • Other: $9,206

    • Janice Turner (Senior Vice President)
  • Compensation: $232,269
  • Related: $0
  • Other: $23,510

    • Constance Rule (Csp)
  • Compensation: $231,140
  • Related: $0
  • Other: $24,059

    • Mark Angelini (Senior Vice President)
  • Compensation: $239,519
  • Related: $0
  • Other: $10,391

    • James Alexander (Senior Vice President)
  • Compensation: $233,119
  • Related: $0
  • Other: $11,765

    • John Marcolina (Vice President)
  • Compensation: $195,479
  • Related: $0
  • Other: $44,655

    • John Felix (Assistant Secretary / Sr. Vp)
  • Compensation: $198,327
  • Related: $0
  • Other: $36,260

    • Joe Rosenblum (Secretary)
  • Compensation: $215,449
  • Related: $0
  • Other: $8,873

    • Ron Jackson (Vice President)
  • Compensation: $192,019
  • Related: $0
  • Other: $31,505

    • Ramie Dare (Director)
  • Compensation: $198,100
  • Related: $0
  • Other: $21,341

    • Chad Payne (Treasurer)
  • Compensation: $189,811
  • Related: $0
  • Other: $4,240

    • Steve Spears (Senior Vp/Cfo (Former))
  • Compensation: $156,281
  • Related: $0
  • Other: $7,335

    • Patricia Cochran Bergman (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Kelley (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Busch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Byers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yvonne Camacho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alwyn Dias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Eck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Francis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sister Jane Gerety (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Hejna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Jutte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Madell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Gustav Neumann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Will Snyder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Swift (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Tetrault (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Wetmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Werthman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mercyhousing.org

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

    The Mercy Housing Inc’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 Inc

    Mercy Housing Inc, a leading nonprofit organization, is dedicated to managing and directing entities with the purpose of creating stable, vibrant, and healthy communities. They achieve this mission by developing, financing, and operating affordable, program-enriched housing for families, seniors, and individuals with special needs who lack the economic resources to access quality, safe housing opportunities.

    Through their work, Mercy Housing, Inc. supports and fosters the development, acquisition, financing, operation, and management of affordable housing for low and moderate-income individuals. The nonprofit's commitment to creating stable, vibrant, and healthy communities extends beyond just providing housing. Their program-enriched approach ensures that residents have access to essential resources and opportunities that enable them to thrive.

    Mercy Housing, Inc. is more than just a housing provider. They are dedicated to making a difference in the lives of those they serve. By offering affordable housing options, they give families, seniors, and individuals with special needs the opportunity to focus on their personal growth and wellbeing, rather than the burden of finding a safe and affordable place to live. With a strong focus on community development, Mercy Housing, Inc. is committed to creating environments where individuals and families can build a foundation for a brighter future.

    Impact

    This information is meant to be a general summary of Mercy Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Mercy Housing Inc's impact lies in creating stable, vibrant, and healthy communities by developing, financing, and operating affordable, program-enriched housing for families, seniors, and people with special needs who lack the economic resources to access quality, safe housing opportunities. Their focus on providing affordable housing and resident services for low and moderate-income individuals contributes significantly to addressing housing insecurity and promoting community well-being. By offering asset management, housing development, consulting services, construction management, and financial services related to the development of affordable housing, Mercy Housing Inc plays a pivotal role in improving the quality of life for those in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,378,387
  • Program Service Revenue: $25,886,191
  • Gross Receipts: $38,598,550

    • Assets and Liabilities:
  • Total Assets: $156,167,253
  • Total Liabilities: $116,327,580
  • Net Assets: $39,839,673
  • Programs

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

    INSURANCE REIMB FROM PROPERTIES

    Revenue

    $18,403,246

    SERVICE FEES

    Revenue

    $6,639,081

    INTEREST

    Revenue

    $760,547

    LEASE INCOME

    Revenue

    $62,890

    LOAN ORIGINATION FEES

    Revenue

    $16,047

    Organization Details

    Founding Year

    1981

    Principal Officer

    Steve Spears

    Main Address

    1600 BROADWAY SUITE 2000, DENVER, CO, 80202

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Mercy Housing Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.