MERCY HOUSING & SHELTER CORPORATION

EIN: 061090211 501(c)(3) Housing & Shelter

HARTFORD, CT

Total Revenue
$7,796,171
Total Expenses
$7,851,256
Total Assets
$11,971,105
Net Assets
$10,777,788
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Principal Officer
KARA A CAPONE
Phone
8608082033
Tax Period
2022-07-01 to 2023-06-30

MERCY HOUSING & SHELTER CORPORATION, founded in 1983, is a community nonprofit in the Housing & Shelter sector that reported $7.8M in total revenue in fiscal year 2022.

Mission

MERCY HOUSING AND SHELTER CORPORATION PROVIDES HOUSING ASSISTANCE AND SUPPORTIVE SERVICES TO PERSONS WHO ARE HOMELESS OR AT RISK OF BECOMING HOMELESS. MERCY WORKS TO EMPOWER ITS CLIENTS TO BECOME INDEPENDENT, SO THEY MAY LIVE AND WORK WITH DIGNITY AND RESPECT. MERCY SEEKS TO END HOMELESSNESS BY ADVOCATING FOR CHANGES IN THE SOCIAL SYSTEMS THAT PERPETUATE HOMELESSNESS. MERCY WELCOMES AND SERVES ALL IN NEED, IN THE TRADITION OF THE SISTERS OF MERCY, WHO FOUNDED THE ORGANIZATION IN 1983.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $7,530,637
Program Service Revenue $36,453
Investment Income $89,425
Other Revenue $139,656
TOTAL REVENUE $7,796,171

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,640,760
Fundraising Expenses $338,825
Program Expenses $6,323,958
Other Expenses $2,210,496
TOTAL EXPENSES $7,851,256

Year-over-Year Comparison

2022 2021 Change
Revenue $7,796,171 $7,502,599 +0.0%
Expenses $7,851,256 $6,312,250 +0.2%
Net Income $-55,085 $1,190,349 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
123
Volunteers
432

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$543,982
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANE BENGSTON CHAIR 2.00
Officer Director
$0 $0 $0
MATTHEW CANDILORO TREASURER 2.00
Officer Director
$0 $0 $0
LISA HOISL VICE CHAIR 2.00
Officer Director
$0 $0 $0
ANDREW MEEHAN SECRETARY 2.00
Officer Director
$0 $0 $0
MUHAMMAD CHUDARY DIRECTOR 2.00
Director
$0 $0 $0
FRANCIA ECHEVARRIA THRU 6302023 DIRECTOR 2.00
Director
$0 $0 $0
SISTER JANIC KIDNEY DIRECTOR 2.00
Director
$0 $0 $0
ERIC HANLY DIRECTOR 2.00
Director
$0 $0 $0
KEN MCAVOY DIRECTOR 2.00
Director
$0 $0 $0
MARVA PATTERSON DIRECTOR 2.00
Director
$0 $0 $0
TAYLOR SHEA DIRECTOR 2.00
Director
$0 $0 $0
MARIE SPADORICA DIRECTOR 2.00
Director
$0 $0 $0
NICOLE TERRY DIRECTOR 2.00
Director
$0 $0 $0
ANTHONY TORSIELLO DIRECTOR 2.00
Director
$0 $0 $0
KARA A CAPONE CEO 26.00
Officer
$182,287 $10,222 $192,509
DAN GURVICH CFO 26.00
Officer
$160,034 $13,730 $173,764
KATHLEEN SHAW COO 26.00
Officer
$0 $13,303 $177,709
AMANDA GORDON DIRECTOR OF 26.00
Highest
$115,823 $10,932 $126,755
ERROL BARTLEY DIRECTOR OF 26.00
Highest
$113,104 $18,325 $131,429
CHRISTINA LESSARD THRU 6302023 DIR. OF DEVE 20.00
Highest
$104,335 $2,804 $107,139
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $7,796,171 $7,851,256 $11,971,105 $-55,085
2022 $7,502,599 $6,312,250 $12,036,576 $1,190,349
2021 $5,410,138 $5,451,328 $11,417,501 $-41,190
2020 $5,382,658 $4,878,023 $10,890,976 $504,635
2019 $4,899,388 $4,992,853 $9,843,402 $-93,465
2018 $5,028,000 $4,872,972 $9,707,810 $155,028
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