Mercy Housing Midwest
Mercy Housing Midwest reported $16.4 million in revenue and $2.0 million in expenses for calendar year 2024. Of every $100 it spent, $81.81 went to program services, $9.08 to management and general costs and $9.11 to fundraising. Its largest source of revenue was contributions and grants: 89.4% of the total. The highest compensation it reported for one person was $308,489 (VICE PRESIDENT). Revenue rose 1276% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $2.0MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.8% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.1% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 9.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 89.4% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 9.2% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $308,489 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 15.51% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 0 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 101.5 | 10.0 |
| Independent voting board members Part VI 1a–1b | 0 of 3 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseResident services and programs are provided free of charge to residents of low-income multi-family rental properties including families, seniors, and people with special needs. The resident services and programs fall into four primary areas - education, community, health and wellness, and economic stability. Resident services and programs are tailored to meet the needs of each low-income housing community, including after-school programs for children, ged and english courses, employment initiatives and homeownership seminars
Asset management services are provided to low-income multi-family rental properties and include preparing and managing annual operating budgets, preparing reports for investors and lenders, overseeing the property management services, and ensuring and monitoring compliance to meet regulatory and eligibility requirements of residents
Housing development programs and services include acquiring acceptable locations for either new construction or rehabilitation of existing properties for multi-family rental properties and single family housing units to provide affordable housing to low-income residents, obtaining financing for the development of low-income properties and housing units, and managing the construction and/or rehabilitation of low-income properties and housing units through obtaining the certification of occupancy and project completion
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| VICE PRESIDENT Director/trustee, officer, 0.20 hrs/week | $0 | $273,011 | $35,478 | $308,489 |
| PRESIDENT Director/trustee, officer, 0.20 hrs/week | $0 | $254,635 | $29,805 | $284,440 |
| SECRETARY Officer, 0.10 hrs/week | $0 | $232,582 | $10,382 | $242,964 |
| TREASURER Officer, 0.10 hrs/week | $0 | $201,515 | $9,965 | $211,480 |
| VICE PRESIDENT Officer, 0.10 hrs/week | $0 | $165,989 | $35,660 | $201,649 |
| VICE PRESIDENT Director/trustee, officer, 0.20 hrs/week | $0 | $163,942 | $31,209 | $195,151 |
| VICE PRESIDENT Officer, 0.10 hrs/week | $0 | $137,190 | $11,882 | $149,072 |
| VICE PRESIDENT Officer, 0.10 hrs/week | $0 | $109,650 | $27,036 | $136,686 |
0 people received more than $100,000 in reportable compensation from Mercy Housing Midwest (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b3 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Private foundation grants it received
6 private foundations reported grants to Mercy Housing Midwest totaling $130K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Mercy Housing Midwest's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mercy Housing Midwest, you can publish a response that is linked from this page.
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Of every $100 Mercy Housing Midwest spent in 2024, $81.81 went to programs. The full breakdown, from its IRS Form 990:
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All housing & shelter charities · Largest charities in Colorado
Questions people ask
How much of Mercy Housing Midwest's spending goes to programs?
In calendar year 2024, Mercy Housing Midwest reported that 81.8% of its $2.0 million in expenses went to program services, 9.1% to management and general and 9.1% to fundraising (Form 990, Part IX).
How much does Mercy Housing Midwest pay its top executive?
The largest total compensation Mercy Housing Midwest reported for one person in calendar year 2024 was $308,489, for the role of VICE PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mercy Housing Midwest get its money?
Of $16.4 million in revenue in calendar year 2024, 89.4% came from contributions and grants and 9.2% from program service revenue (Form 990, Part VIII).
Is Mercy Housing Midwest a registered charity?
The IRS lists EIN 47-0772351 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533169349307253 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443169349300309 · read the filing
- 2022: Form 990 for calendar year 2022, object 202332639349300543 · read the filing
- 2021: Form 990 for calendar year 2021, object 202232999349301143 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123029349300037 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043029349300819 · read the filing
All filings for EIN 47-0772351: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.