MERCY HOUSING SOUTHEAST

EIN: 561993872 501(c)(3) Housing & Shelter

DENVER, CO

Total Revenue
$9,955,601
Total Expenses
$5,198,915
Total Assets
$36,444,369
Net Assets
$12,551,736
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NC
Principal Officer
JAMES ALEXANDER
Phone
3038303300
Tax Period
2023-01-01 to 2023-12-31

MERCY HOUSING SOUTHEAST, founded in 1996, is a community nonprofit in the Housing & Shelter sector that reported $10.0M in total revenue in fiscal year 2023. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.8M, a strong 48% operating margin.

Mission

THE MISSION OF MERCY HOUSING SOUTHEAST 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 SOUTHEAST 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.

Program Service Accomplishments

Program 1
Expenses: $2,258,029 Revenue: $3,206,893

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...

Read more

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.

Program 2
Expenses: $1,781,118 Revenue: $670,225

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...

Read more

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 DEVELOPMENT 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.

Program 3
Expenses: $583,698 Revenue: $4,810,944

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...

Read more

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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,155,870
Program Service Revenue $1,353,081
Investment Income $132,115
Other Revenue $7,314,535
TOTAL REVENUE $9,955,601

Expense Breakdown

Grants Paid $13,942
Salaries & Benefits $0
Fundraising Expenses $567,422
Program Expenses $4,622,845
Other Expenses $5,184,973
TOTAL EXPENSES $5,198,915

Year-over-Year Comparison

2023 2022 Change
Revenue $9,955,601 $4,543,154 +1.2%
Expenses $5,198,915 $4,474,207 +0.2%
Net Income $4,756,686 $68,947 +68.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
$1,173,398
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA CLAYTON VICE PRESIDENT 1.00
Officer
$0 $33,798 $299,520
JOE ROSENBLUM SECRETARY 1.00
Officer
$0 $10,201 $232,549
JAMES ALEXANDER PRESIDENT 1.00
Officer
$0 $10,383 $205,601
CHAD PAYNE TREASURER 1.00
Officer
$0 $8,496 $200,685
BETH HAYNES VICE PRESIDENT 1.00
Officer
$0 $13,549 $136,740
BRUCE SAAB VICE PRESIDENT (UNTIL 10/23) 1.00
Officer
$0 $13,324 $98,303
TIA MCCOY CHAIR 1.00
Officer Director
$0 $0 $0
PAMELA CROSS DIRECTOR 1.00
Director
$0 $0 $0
ALISON FOSSYL DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL GERMAN DIRECTOR 1.00
Director
$0 $0 $0
SOJOURNER MARABLE GRIMMETT DIRECTOR 1.00
Director
$0 $0 $0
YOUNG T HUGHLEY JR DIRECTOR 1.00
Director
$0 $0 $0
DAVID LANDIS DIRECTOR 1.00
Director
$0 $0 $0
WAYNE MARTIN JR DIRECTOR 1.00
Director
$0 $0 $0
DAVID SNEED DIRECTOR 1.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $9,955,601 $5,198,915 $36,444,369 $4,756,686
2022 $4,543,154 $4,474,207 $37,368,465 $68,947
2021 $9,687,514 $6,120,607 $32,176,710 $3,566,907
2020 $6,446,712 $4,295,937 $20,225,058 $2,150,775
2019 $1,811,091 $3,612,221 $17,839,513 $-1,801,130
2018 $2,099,629 $3,132,289 $17,853,854 $-1,032,660
Explore More Nonprofits
Top 100 Nonprofits in Colorado Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MERCY HOUSING SOUTHEAST with other nonprofits in Colorado and across the country.