Civic Intelligence

Mercy Haven Inc.

990 • Fiscal year 2021 • EIN 11-2783877

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 04, 2022

859 connetquot avenue ste 10islip terrace, NY 11752

(631) 277-8300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.85x

Higher debt load relative to assets than 68% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

41st percentile

2.05x

Higher debt load relative to revenue than 41% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

Net Margin

33rd percentile

-4.0%

Higher net margin than 33% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

57th percentile

$250,931

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

Asset Growth

41st percentile

-0.4%

Faster asset growth than 41% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

20th percentile

-7.2%

Faster revenue growth than 20% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$17,804,719

Down $66,946 (-0.4%) from 2020

Net Assets

Down

$2,598,976

Down $226,606 (-8.0%) from 2020

Liabilities

Up

$15,205,743

Up $159,660 (+1.1%) from 2020

Revenue

Down

$7,418,367

Down $573,465 (-7.2%) from 2020

Expenses

Up

$7,716,652

Up $216,604 (+2.9%) from 2020

Net Income

Down

-$298,285

Down $790,069 (-161%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $8,003,423Liabilities 2010: $5,395,500Net Assets 2010: $2,607,9232010Assets 2011: $7,913,448Liabilities 2011: $5,735,398Net Assets 2011: $2,178,0502011Assets 2012: $8,466,793Liabilities 2012: $6,429,182Net Assets 2012: $2,037,6112012Assets 2013: $9,113,281Liabilities 2013: $7,456,338Net Assets 2013: $1,656,9432013Assets 2014: $8,846,139Liabilities 2014: $7,281,627Net Assets 2014: $1,564,5122014Assets 2015: $9,813,525Liabilities 2015: $8,436,762Net Assets 2015: $1,376,7632015Assets 2016: $11,199,187Liabilities 2016: $9,709,354Net Assets 2016: $1,489,8332016Assets 2017: $10,487,789Liabilities 2017: $8,833,183Net Assets 2017: $1,654,6062017Assets 2018: $11,139,037Liabilities 2018: $8,928,390Net Assets 2018: $2,210,6472018Assets 2020: $17,871,665Liabilities 2020: $15,046,083Net Assets 2020: $2,825,5822020Assets 2021: $17,804,719Liabilities 2021: $15,205,743Net Assets 2021: $2,598,9762021Assets 2022: $18,830,352Liabilities 2022: $14,935,778Net Assets 2022: $3,894,5742022Assets 2023: $19,287,763Liabilities 2023: $14,693,906Net Assets 2023: $4,593,8572023Assets 2024: $19,365,227Liabilities 2024: $14,620,929Net Assets 2024: $4,744,2982024

Highlighted filing

2021

Assets$17,804,719
Liabilities$15,205,743
Net Assets$2,598,976

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,597,0682010Expenses 2011: $6,737,7962011Expenses 2012: $6,738,7952012Revenue 2013: $6,550,859Expenses 2013: $7,009,118Net Income 2013: -$458,2592013Revenue 2014: $6,986,295Expenses 2014: $7,076,351Net Income 2014: -$90,0562014Revenue 2015: $7,210,527Expenses 2015: $7,312,431Net Income 2015: -$101,9042015Revenue 2016: $7,630,818Expenses 2016: $7,534,896Net Income 2016: $95,9222016Revenue 2017: $7,689,639Expenses 2017: $7,592,015Net Income 2017: $97,6242017Revenue 2018: $8,530,875Expenses 2018: $7,874,267Net Income 2018: $656,6082018Revenue 2020: $7,991,832Expenses 2020: $7,500,048Net Income 2020: $491,7842020Revenue 2021: $7,418,367Expenses 2021: $7,716,652Net Income 2021: -$298,2852021Revenue 2022: $10,230,666Expenses 2022: $8,764,042Net Income 2022: $1,466,6242022Revenue 2023: $10,225,278Expenses 2023: $9,584,891Net Income 2023: $640,3872023Revenue 2024: $10,868,980Expenses 2024: $10,759,991Net Income 2024: $108,9892024

Highlighted filing

2021

Revenue$7,418,367
Expenses$7,716,652
Net Income-$298,285
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 4, 2022
Return Version
2021v4.0
Gross Receipts
$7,510,128
Mission and Program Overview

Mission

Mercy haven's mission is to acknowledge the dignity and potential of people who are homeless, living with mental illness or living in poverty by providing housing, advocacy, education and life skills development.

From a humble beginning in Bay Shore in 1985 as a provider of housing for adults living with mental illness, our housing programs now also include the elderly, limited income families with children as well as persons with special needs and veterans. Mercy Haven has grown throughout its 37 years to become a multifaceted community resource. we have brought services to both Nassau and Suffolk Counties in New York and are dedicated members of the communities we serve. in addition to the housing programs described in part III of this form, Mercy Haven operates the following programs: Pleasant gardens adult home provides a home and personal care for 26 older adults who are unable to live independently. Pleasant gardens is licensed by new York state department of health and provides residents with services that include cooking, cleaning, laundry service, and medication management that are provided by staff who are on-site 24 hours per day, 7 days per week. Visits from a medical doctor and oth

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,803,721$5,559,399▼ $244,322
Cash and Non-Interest-Bearing Accounts$2,573,548$1,847,241▼ $726,307
Investments in Publicly Traded Securities$918,527$988,585▲ $70,058
Pledges and Grants Receivable$142,351$319,075▲ $176,724
Prepaid Expenses and Deferred Charges$116,411$109,725▼ $6,686
Accounts Receivable$68,491$58,207▼ $10,284
Savings and Temporary Cash Investments$8,432$8,444▲ $12
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$17,871,665$17,804,719▼ $66,946
Other Assets Total$8,240,184$8,914,043▲ $673,859
Liabilities
Other Liabilities$7,282,142$7,690,773▲ $408,631
Mortgage Notes Payable Secured by Investment Property$5,460,613$5,310,740▼ $149,873
Deferred Revenue$1,329,042$1,534,976▲ $205,934
Accounts Payable and Accrued Expenses$974,286$669,254▼ $305,032
Total Liabilities$15,046,083$15,205,743▲ $159,660
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,748,129$1,542,773▼ $205,356
Net Assets With Donor Restrictions$1,077,453$1,056,203▼ $21,250
Total Net Assets Fund Balance$2,825,582$2,598,976▼ $226,606
Total Liabilities and Net Assets / Fund Balance$17,871,665$17,804,719▼ $66,946

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,788,305$5,002,554$6,790,859
Leasehold Improvements$1,371,041$3,772,277$5,143,318
Land$2,375,628-$2,375,628
Equipment$17,729$1,436,870$1,454,599
Other Land Buildings$6,696$394$7,090
Other Assets Org$15,320--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sister Pat GriffithExecutive DirectorFT$237,695$13,236$250,931
Joseph MercurioAssoc. Exe. DirectorFT$100,791$13,496$114,287
John MurrayDirector of Bus. Devel.FT$102,116$6,793$108,909

Board Members and Trustees

NameTitle
Pat CollinsChairperson
Dominic CiaccioVice Chair
Anthony LautoBoard member
Dottie OvertonBoard member
Jim DigiovanniBoard member
Louise RegnanteBoard member
Mark SandbergBoard member
Pat HickeyBoard member
Patricia RykertBoard member
Patty JafariBoard member
Paul ConfreyBoard member
Tom QuigleyBoard member
Fred BrendelSecretary
Ron EagerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Borruto Gen Contractor INCconstruction1755 Julia Goldbach Ave, Ronkonkoma, NY 11779$731,134
Asg & C INCConstruction318 Middle Country Road, Ridge, NY 11961$285,968
Ebc Coconstruction686 albany ave, amityville, NY 11701$102,304
Revenue and Support

Revenue Composition

Contributions and Grants
$4,354,405
Program Service Revenue
$2,849,046
Investment Income
$47,857
Other Revenue
$167,059
All Other Contributions
$661,188
Change in Net Assets
$-298,285

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,406,116
Revenue Not Reported on Financial Statements
$12,251
Revenue Not Reported on Form 990
$83,930
Total Revenue per Audited Statements
$7,490,046
Total Revenue per Form 990
$7,418,367
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,003,884
Salaries, Compensation, and Employee Benefits$3,712,768
Total Fundraising Expense$168,146
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,006,567$521,110$78,020$2,605,697
Occupancy$673,473--$673,473
Other Employee Benefits$364,562$69,676$24,638$458,876
Depreciation Depletion$386,909$2,449$1,582$390,940
Current Officers, Directors, Trustees, and Key Employees$281,218$73,043$10,957$365,218
All Other Expenses$311,965$19,468$6,452$337,885
Payroll Taxes$227,344$47,591$8,042$282,977
Insurance$148,619$8,142$2,709$159,470
Information Technology$121,860$8,749$7,904$138,513
Office Expenses$103,030$14,263$4,668$121,961
Other Expenses$118,084$5,924$765$118,084
Interest$35,227$10,292$3,761$49,280
Fees for Services Accounting$9,975$28,275-$38,250
Advertising$2,779$384$15,544$18,707
Fees for Services Other$5,856$9,531$118$15,505
Fees for Services Legal$5,790$2,972-$8,762
Travel$4,787$764$24$5,575
Conferences and Meetings$3,009$1,688$228$4,925
Total Functional Expenses$6,707,584$840,922$168,146$7,716,652

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,716,652
Total Expenses per Audited Statements$7,716,652
Total Expenses per Form 990$7,716,652
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$209,001
Fundraising Direct Expenses$91,761
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall event$171,283$133,283$38,512$94,771
Golf Event$128,496$74,796$50,560$24,236
Total Events$299,779$208,079$89,072$119,007
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
capital advance from new york state$7,524,580
workers comp. liability$87,467
Due to Governmental Agencies$63,406
tenant security deposits$15,320
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

the yearly audit draft is presented to the audit and finance committee of the board. as part of this process, the committee addresses the independent auditors with no staff present. after having satisfactorily answered the committee's questions, the auditors issue final audited financial statements. the form 990 is prepared by the independent auditors based on information from the audited financial statements. the form 990 is reviewed by management and distributed to the Board of Directors prior to filing with the IRS. the form is filed and the final copy of the audit and form 990 are posted on a document portal for all audit and compliance committee members to access.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

all board members and employees are required on an annual basis and in addition anytime the policy is updated to review and sign the current policy.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

the executive committee of the board of directors does a yearly evaluation of the executive director and upon compliance with goals set by the previous year and the data gathered, the compensation offered to the executive director is determined. the executive director does the same for the associate executive director and brings that to the executive committee for their approval.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

the director of human resources is responsible for preparing a comparative study of salaries and compensation on a yearly basis. this information is given to the associate executive director in determining salaries and compensation packages for staff. this information is then presented to the executive director for final approval.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

our website offers opportunity to view our financial audit. this site is also linked to the better business bureau and refers readers to www.guidestar.org for further information about our agency.

Filing and Contact Details

Filer

Filer Name
Mercy Haven Inc
EIN
11-2783877
Phone
6312778300
Address
859 connetquot avenue ste 10, islip terrace, NY 11752

Signing Officer

Name
Sister Patricia Griffith
Title
Executive Director
Signed
2022-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sister Patricia Griffith
Formed
1985
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
115
Volunteers
60

Preparer

Firm
Nawrocki Smith Llp
Address
100 Motor Parkway Suite 580, Hauppauge, NY 11788
Preparer
Christopher Angotta
Phone
6317569500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: all other programs conducted within the organization.

Financial Statement Notes

Part X : FIN48 Footnote

the organization was incorporated as a not-for-profit corporation under the laws of the State of new York and is exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable new York state tax laws. the organization evaluates on an annual basis the effects of any uncertain tax positions on its financial statements using a threshold of more likely than not. as of December 31, 2021, the organization has not identified or provided any such positions.

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IRS990/ActivityOrMissionDesc0From a humble beginning in Bay Shore in 1985 as a provider of housing for adults living with mental illness, our housing programs now also include the elderly, limited income families with children as well as persons with special needs and veterans. Mercy Haven has grown throughout its 37 years to become a multifaceted community resource. we have brought services to both Nassau and Suffolk Counties in New York and are dedicated members of the communities we serve. in addition to the housing programs described in part III of this form, Mercy Haven operates the following programs: Pleasant gardens adult home provides a home and personal care for 26 older adults who are unable to live independently. Pleasant gardens is licensed by new York state department of health and provides residents with services that include cooking, cleaning, laundry service, and medication management that are provided by staff who are on-site 24 hours per day, 7 days per week. Visits from a medical doctor and oth
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IRS990/Desc0mercy haven's supported housing program, known as hearth, is the largest component of our housing with 221 residents, including 60 children in 2021. hearth offers permanent housing with varying levels of support that are based on the needs of the individual or family. staff members known as housing specialists visit our residents a minimum of once per month to provide resources and support with tasks such as budgeting, establishing community support, job readiness evaluation and health management. in 2021, 95% of mercy haven's residents had maintained stable housing for 1 year or more.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.4$14.6$4.74$10.9$10.8$0.11
2023Detailed filing. Detailed filing data is available for this year.$19.3$14.7$4.59$10.2$9.58$0.64
2022Detailed filing. Detailed filing data is available for this year.$18.8$14.9$3.89$10.2$8.76$1.47
2021Detailed filing. Detailed filing data is available for this year.$17.8$15.2$2.60$7.42$7.72$0.30
2020Detailed filing. Detailed filing data is available for this year.$17.9$15.0$2.83$7.99$7.50$0.49
2018Detailed filing. Detailed filing data is available for this year.$11.1$8.93$2.21$8.53$7.87$0.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$8.83$1.65$7.69$7.59$0.10
2016Detailed filing. Detailed filing data is available for this year.$11.2$9.71$1.49$7.63$7.53$0.10
2015Detailed filing. Detailed filing data is available for this year.$9.81$8.44$1.38$7.21$7.31$0.10
2014Detailed filing. Detailed filing data is available for this year.$8.85$7.28$1.56$6.99$7.08$0.09
2013Detailed filing. Detailed filing data is available for this year.$9.11$7.46$1.66$6.55$7.01$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.47$6.43$2.04$6.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.91$5.74$2.18$6.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.00$5.40$2.61$6.60