Mercy Housing Northwest

Organization Overview

Mercy Housing Northwest is located in Denver, CO. The organization was established in 2009. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Housing Northwest 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, Mercy Housing Northwest generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $11.0m during the year ending 12/2021. While expenses have increased by 11.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Mercy Housing Northwest has awarded 18 individual grants totaling $2,878,748. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP, OWN AND OPERATE LOW-INCOME HOUSING AND PROVIDE SERVICES TO LOW-INCOME FAMILIES, ELDERLY, HOMELESS HANDICAPPED, POTENTIALLY HOMELESS,OR OTHERWISE DISADVANTAGED PERSONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSING DEVELOPMENT PROGRAMS AND SERVICES INCLUDE ACQUIRING ACCEPTABLE LOCATIONS FOR EITHER NEW CONSTRUCTION OR REHABILITATION OF EXISTING PROPERTIES FOR MULTI-FAMILY RENTAL PROPERTIES TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS, OBTAINING FINANCING FOR THE DEVELOPMENT OF LOW-INCOME PROPERTIES, AND MANAGING THE CONSTRUCTION AND/OR REHABILITATION OF LOW-INCOME PROPERTIES THROUGH OBTAINING THE CERTIFICATION OF OCCUPANCY AND PROJECT COMPLETION.


RESIDENT 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.


CONSULTING SERVICES FOR OTHER NON-PROFIT DEVELOPERS OF AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT SERVICES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$485,960
Government grants $1,278,060
All other contributions, gifts, grants, and similar amounts not included above$3,408,475
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,172,495
Total Program Service Revenue$4,282,131
Investment income $55,169
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 $9,509,795

Grants Awarded

Over the last fiscal year, Mercy Housing Northwest has awarded $1,009,372 in support to 2 organizations.

Grant RecipientAmount

MHNW FAMILY SERVICES CENTER COMMERCIAL LLC

PURPOSE: GRANT PAID PROPERTY EXPENSES

$923,412

EVERGREEN VISTA 1 OWNER LP

PURPOSE: GRANT PAID PROPERTY EXPENSES

$85,960
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Mercy Housing Northwest has recieved totaling $441,046.

Awarding OrganizationAmount
Mercy Housing Inc

Denver, CO

PURPOSE: LOW-INCOME HOUSING

$183,596
The Seattle Foundation

Seattle, WA

PURPOSE: TO PROVIDE GENERAL SUPPORT; VACCINATION EFFORTS IN DISPROPORTIONATELY IMPACTED COMMUNITIES; GENERAL OPERATING SUPPORT/COVID-19 RELIEF EFFORTS

$80,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$44,267
Whatcom Community Foundation

Bellingham, WA

PURPOSE: EDUCATION

$25,000
United Way Of Whatcom County

Bellingham, WA

PURPOSE: HEALTH & WELFARE

$25,000
The Albertsons Companies Foundation

Pleasanton, CA

PURPOSE: HUNGER

$25,000
View Grant Recipient Profile

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