Mt Carmel Redevelopment Corporation Inc
- Assets
- $2.0m
- Revenue
- $963.2k
- Investments
- $0.0
- Employees
- 14
- Location
- Kansas City, KS
- Founding
- 07/1995
- Data as of
- 12/2021
- EIN
- 48-1160735
Organization Overview
Mt Carmel Redevelopment Corporation Inc is located in Kansas City, KS. The organization was established in 1995. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Mt Carmel Redevelopment Corporation Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Carmel Redevelopment Corporation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mt Carmel Redevelopment Corporation Inc generated $963.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $699.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC AND COMMUNITY DEVELOPMENT EFFORTS IN LOW TO MODERATE INCOME AREAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTREACH - MT CARMEL COMMUNITY OUTREACH SERVICES ASSISTS THE ORGANIZATION IN CARRYING OUT ITS MISSION BY ADDRESSING COMMUNITY AND FAMILY ISSUES, UTILIZING A HOLISTIC APPROACH TO ITS SERVICE DELIVERY. COMMUNITY OUTREACH SERVICES IS A MULTIFACITED PROGRAM. PROGRAM COMPONENTS ARE DESIGNED TO GO BEYOND CHARITY TO FOSTER SOCIAL CHANGE AND BUILD SELF-RELIANCES. SERVICES PROVIDED INCLUDE FOOD AND CLOTHING PANTRY, RENT AND UTILITY ASSISTANCE, TRANSITIONAL LIVING, YOUTH LEADERSHIP INITIATIVES, INFORMATION AND REF.DEVELOPMENT - THE DEVELOPMENT/CONSTRUCTION PROGRAM IS ONGOING. IN 2016, WE STARTED PRELIMINARY WORK INCLUDING PHASE I AND PHASE II OF THE ENVIRONMENTAL STUDY AS PER HUD REQUIREMENTS. CURRENTLY, WE ARE EXPECTING BIDS FOR TWO NEW HOMES AS WELL AS BIDS FOR RENOVATIONS ON FOUR (4) TRANSITIONAL UNITS.WILLA GILL - THE MT CARMEL DEVELOPMENT CORPORATION IS THE "MANAGING AGENT" OF THE WILHELMINA GILL MULTI-SERVICE CENTER. SERVICES PROVIDED INCLUDE PROVISION OF A ONE STOP WRAP-AROUND SHOP FOR HOMELESS/LOW-INCOME PERSONS TO RECEIVE SOCIAL SERVICE SUPPORT. OTHER SERVICES PROVIDED INCLUDE STOP GAP FOOD PANTRY, PERSONAL HYGIENE ITEMS FOR PERSONAL GROOMING, EMPLOYMENT ASSISTANCE, STRENGTH-BASED CASE MANAGEMENT, TELEPHONE VOICE-MAIL, PERSONAL MAIL BOXES TO RECEIVE MAIL, FREE HOT LUNCH, EMERGENCY ASSISTANCE REF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Smart Executive Director | Trustee | 45 | $76,156 |
George Guilbeaux Vice President | OfficerTrustee | 1 | $0 |
James White Secretary | OfficerTrustee | 1 | $0 |
Deanna Beason President | OfficerTrustee | 1 | $0 |
Maria Porta Treasurer | OfficerTrustee | 1 | $0 |
Sheila Jones-Starks Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,022 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $765,388 |
| All other contributions, gifts, grants, and similar amounts not included above | $133,016 |
| Noncash contributions included in lines 1a–1f | $21,305 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $899,426 |
| Total Program Service Revenue | $63,777 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $963,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $128,327 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,156 |
| Compensation of current officers, directors, key employees. | $30,877 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $228,267 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,020 |
| Payroll taxes | $24,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,121 |
| Advertising and promotion | $0 |
| Office expenses | $16,957 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $364 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,580 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $699,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $423,165 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $365,173 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $238,266 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $375 |
| Net Land, buildings, and equipment | $554,033 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $297,562 |
| Intangible assets | $0 |
| Other assets | $122,054 |
| Total assets | $2,000,628 |
| Accounts payable and accrued expenses | $2,346 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $206,605 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $345,390 |
| Total liabilities | $554,341 |
| Net assets without donor restrictions | $1,000,583 |
| Net assets with donor restrictions | $445,704 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,000,628 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Mt Carmel Redevelopment Corporation Inc has recieved totaling $347,918.
| Awarding Organization | Amount |
|---|---|
Health Care Foundation Of Greater Kansas City Kansas City, MO PURPOSE: INCREASING ACCESS TO MENTAL HEALTH SERVICES IN WYANDOTTE COUNTY, KS | $162,192 |
Health Care Foundation Of Greater Kansas City Kansas City, MO PURPOSE: MT. CARMEL NUTRITION PROGRAMS - INCREASING ACCESS TO HEALTHY FOODS | $125,726 |
Health Care Foundation Of Greater Kansas City Kansas City, MO PURPOSE: MT. CARMEL REDEVELOPMENT STAFF CAPACITY & CORE OPERATING SUPPORT | $50,000 |
Menorah Heritage Foundation Overland Park, KS PURPOSE: GRANT AWARD | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Affordable Housing Omaha, NE | $529,060,224 | $34,736,721 |
Mercy Housing California Denver, CO | $227,832,939 | $51,666,218 |
Northeast Denver Housing Center Inc Denver, CO | $58,407,194 | $39,072,373 |
Mercy Housing Inc Denver, CO | $121,949,049 | $44,644,651 |
Mercy Housing Lakefront Denver, CO | $45,086,430 | $37,545,157 |
Brothers Redevelopment Inc Edgewater, CO | $28,566,111 | $21,890,998 |
Habitat For Humanity International Inc Omaha, NE | $36,900,454 | $19,457,975 |
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Habitat For Humanity International Inc Tulsa, OK | $20,375,468 | $13,816,169 |
South Of Market Mercy Housing Denver, CO | $1,397,293 | $161,294 |
Habitat For Humanity Of Kansas City Kansas City, MO | $24,127,378 | $10,262,500 |
Mccalls Community Homes Inc Ada, OK | $3,788,949 | $9,810,630 |