Civic Intelligence

Mercy Housing Midwest

990 • Fiscal year 2011 • EIN 47-0772351

Jan 01, 2011 to Dec 31, 2011 • Filed on Jul 25, 2012

1999 Broadway Suite 100080202
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,626,504

Flat from 2011

Net Assets

Flat

$1,438,366

Flat from 2011

Liabilities

Flat

$188,138

Flat from 2011

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$1,133,068

Flat from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $1,065,217Liabilities 2010: $214,228Net Assets 2010: $850,9892010Assets 2011: $1,626,504Liabilities 2011: $188,138Net Assets 2011: $1,438,3662011Assets 2011: $1,626,504Liabilities 2011: $188,138Net Assets 2011: $1,438,3662011Assets 2012: $1,344,232Liabilities 2012: $190,390Net Assets 2012: $1,153,8422012Assets 2013: $1,891,000Liabilities 2013: $196,562Net Assets 2013: $1,694,4382013Assets 2014: $1,400,701Liabilities 2014: $291,611Net Assets 2014: $1,109,0902014Assets 2015: $917,019Liabilities 2015: $395,251Net Assets 2015: $521,7682015Assets 2016: $816,777Liabilities 2016: $241,386Net Assets 2016: $575,3912016Assets 2017: $813,240Liabilities 2017: $225,080Net Assets 2017: $588,1602017Assets 2018: $1,034,145Liabilities 2018: $226,852Net Assets 2018: $807,2932018Assets 2019: $1,058,015Liabilities 2019: $251,775Net Assets 2019: $806,2402019Assets 2020: $1,078,598Liabilities 2020: $293,808Net Assets 2020: $784,7902020Assets 2021: $1,463,827Liabilities 2021: $644,289Net Assets 2021: $819,5382021Assets 2022: $5,336,488Liabilities 2022: $4,107,331Net Assets 2022: $1,229,1572022Assets 2023: $6,405,831Liabilities 2023: $3,983,272Net Assets 2023: $2,422,5592023Assets 2024: $21,388,104Liabilities 2024: $4,563,497Net Assets 2024: $16,824,6072024

Highlighted filing

2011

Assets$1,626,504
Liabilities$188,138
Net Assets$1,438,366

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $9,029,0752010Expenses 2011: $1,133,0682011Revenue 2011: $1,720,445Expenses 2011: $1,133,068Net Income 2011: $587,3772011Expenses 2012: $974,7062012Revenue 2013: $628,875Expenses 2013: $889,377Net Income 2013: -$260,5022013Revenue 2014: $390,366Expenses 2014: $975,714Net Income 2014: -$585,3482014Revenue 2015: $464,662Expenses 2015: $1,051,984Net Income 2015: -$587,3222015Revenue 2016: $928,797Expenses 2016: $875,174Net Income 2016: $53,6232016Revenue 2017: $973,358Expenses 2017: $960,589Net Income 2017: $12,7692017Revenue 2018: $1,267,702Expenses 2018: $1,048,569Net Income 2018: $219,1332018Revenue 2019: $1,191,545Expenses 2019: $1,192,598Net Income 2019: -$1,0532019Revenue 2020: $1,282,225Expenses 2020: $1,303,675Net Income 2020: -$21,4502020Revenue 2021: $1,299,347Expenses 2021: $1,264,599Net Income 2021: $34,7482021Revenue 2022: $1,495,893Expenses 2022: $1,086,274Net Income 2022: $409,6192022Revenue 2023: $2,832,957Expenses 2023: $1,639,555Net Income 2023: $1,193,4022023Revenue 2024: $16,391,558Expenses 2024: $1,989,510Net Income 2024: $14,402,0482024

Highlighted filing

2011

Revenue-
Expenses$1,133,068
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Jul 25, 2012
Return Version
2011v1.2
Gross Receipts
$1,720,445
Mission and Program Overview

Mission

The mission of mercy housing midwest is to directly facilitate the provision of affordable housing to families, seniors, people with special needs, homeless and potentially homeless individuals who would otherwise lack the financial resources to obtain quality, safe housing. Further, mercy housing midwest provides a variety of free programs and services to residents of their affordable housing projects which are designed to improve their lives and the communities in which they live.

Major Activities

Activity 2
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.
Activity 3
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 deveopment 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.
Filing and Contact Details

Filer

EIN
47-0772351
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IRS990/MissionDescription0THE MISSION OF MERCY HOUSING MIDWEST IS TO DIRECTLY FACILITATE THE PROVISION OF AFFORDABLE HOUSING TO FAMILIES, SENIORS, PEOPLE WITH SPECIAL NEEDS, HOMELESS AND POTENTIALLY HOMELESS INDIVIDUALS WHO WOULD OTHERWISE LACK THE FINANCIAL RESOURCES TO OBTAIN QUALITY, SAFE HOUSING. FURTHER, MERCY HOUSING MIDWEST PROVIDES A VARIETY OF FREE PROGRAMS AND SERVICES TO RESIDENTS OF THEIR AFFORDABLE HOUSING PROJECTS WHICH ARE DESIGNED TO IMPROVE THEIR LIVES AND THE COMMUNITIES IN WHICH THEY LIVE.
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IRS990ScheduleD/Equipment/InvestmentCostOrOtherBasis026174
IRS990ScheduleD/FederalIncomeTaxLiability00
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0Mercy Housing, Inc. (MHI) and its consolidated nonprofit corporations are exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and comparable state statutes and did not have any unrelated business income for the year ended December 31, 2011. Due to their tax exempt status, MHI and the consolidated nonprofit corporations are not subject to income taxes. MHI and the consolidated nonprofit corporations are required to file tax returns with the IRS and other taxing authorities. Accordingly, the financial statements do not reflect a provision for income taxes and there are no other tax positions which must be considered for disclosure.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0PART X
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0INCOME TAX PROVISION
IRS990ScheduleD/OtherLandBuildings/BookValue02964
IRS990ScheduleD/OtherLandBuildings/Depreciation015205
IRS990ScheduleD/OtherLandBuildings/InvestmentCostOrOtherBasis018169
IRS990ScheduleD/TotalOfAmounts00
IRS990ScheduleD/TotalOfBookValueLandBuildings02964
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0The majority of grants expense represents contributions to affiliated organizations. Donors contribute to the Organization for specific capital projects or other restricted operating and program activities, and the Organization passes the contribution to a related entity in accordance with the donor restrictions.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PART I
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I # 2
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine101999 BROADWAY SUITE 1000
IRS990ScheduleI/RecipientTable/AddressUS/City0DENVER
IRS990ScheduleI/RecipientTable/AddressUS/State0CO
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode080202
IRS990ScheduleI/RecipientTable/AmountOfCashGrant047250
IRS990ScheduleI/RecipientTable/EINOfRecipient0371459692
IRS990ScheduleI/RecipientTable/IRCSection0501(c)(3)

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$4.56$16.8$16.4$1.99$14.4
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.41$3.98$2.42$2.83$1.64$1.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.34$4.11$1.23$1.50$1.09$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.64$0.82$1.30$1.26$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.29$0.78$1.28$1.30$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.25$0.81$1.19$1.19$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.23$0.81$1.27$1.05$0.22
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.23$0.59$0.97$0.96$0.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.24$0.58$0.93$0.88$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.40$0.52$0.46$1.05$0.59
2014Detailed filing. Detailed filing data is available for this year.$1.40$0.29$1.11$0.39$0.98$0.59
2013Detailed filing. Detailed filing data is available for this year.$1.89$0.20$1.69$0.63$0.89$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.19$1.15$0.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.19$1.44$1.13
2011Summary only. Only limited summary data is available for this year.$1.63$0.19$1.44$1.72$1.13$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.21$0.85$9.03