Nonprofit · EIN 25-1523703
MERCY TERRACE APARTMENTS
Tax-exempt · ERIE, PA 16504
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $532,238 | $533,864 | -$1,626 | $2,636,190 | $45,833 | $2,590,357 |
| December 31, 2024 | 990 | $531,819 | $517,666 | $14,153 | $2,609,665 | $45,233 | $2,564,432 |
| December 31, 2023 | 990 | $593,651 | $497,349 | $96,302 | $2,575,506 | $40,235 | $2,535,271 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,442
- Program service revenue
- $493,170
- Investment income
- $36,626
- Net gain from sales of assets
- $16,858
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $63,765
- Compensation of officers, directors and key employees
- $80,901
- Other salaries and wages
- $61,621
- Salaries, compensation and benefits (total)
- $163,545
- Professional fundraising fees
- $0
- Accounting fees
- $4,680
- Occupancy
- $55,802
- Depreciation
- $135,506
- Program services (functional)
- $487,934
- Management and general (functional)
- $45,930
Balance sheet and other
- Total assets, start of year
- $2,609,665
- Total assets, end of year
- $2,636,190
- Total liabilities, end of year
- $45,833
- Net assets, end of year
- $2,590,357
- Land, buildings and equipment
- $1,897,604
- Publicly traded securities
- $461,143
- Net assets without donor restrictions
- $2,590,357
- Gross receipts
- $532,238
- Employees
- 5
- Volunteers
- 0
- Year formed
- 1985
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kelly J Carson | Executive Director Trustee or director | 40 | $41,451 |
| Mary E Zenner | Former Executive Director Trustee or director | 40 | $39,450 |
| Kim Goetz | Member at large Trustee or director | 2 | $0 |
| Sr Lisa Mary McCartney RSM PhD | Board Secretary Trustee or director, Officer | 2 | $0 |
| Rev Michael P Ferrick | Board Member Trustee or director | 2 | $0 |
| Thomas Brunner | Board Member Trustee or director | 2 | $0 |
| Melissa L Larese Esq | Vice Chairperson Trustee or director, Officer | 2 | $0 |
| Sr JoAnne Courneen RSM | Board Treasurer Trustee or director, Officer | 2 | $0 |
| Matthew J Rose | Board Member Trustee or director | 2 | $0 |
| Mark Simpson CPA CFP | Board Member Trustee or director | 2 | $0 |
| Melanie Titzel | Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mary E Zenner | Executive Director Trustee or director | 40 | $71,485 |
| Kim Goetz | Member at large Trustee or director | 2 | $0 |
| Sr Lisa Mary McCartney RSM PhD | Board Secretary Trustee or director, Officer | 2 | $0 |
| Rev Michael P Ferrick | Board Member Trustee or director | 2 | $0 |
| Thomas Brunner | Board Member Trustee or director | 2 | $0 |
| Michele Wheaton | Chairperson Trustee or director | 2 | $0 |
| Melissa L Larese Esq | Vice Chairperson Trustee or director, Officer | 2 | $0 |
| Sr JoAnne Courneen RSM | Board Treasurer Trustee or director, Officer | 2 | $0 |
| Matthew J Rose | Board Member Trustee or director | 2 | $0 |
| Mark Simpson CPA CFP | Board Member Trustee or director | 2 | $0 |
| Lisa Anderson | Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mary E Zenner | Executive Director Trustee or director, Officer | 40 | $71,341 |
| Diane McCullough | Member at large Trustee or director | 2 | $0 |
| Sr Lisa Mary McCartney RSM PhD | Board Secretary Trustee or director, Officer | 2 | $0 |
| Rev Michael P Ferrick | Board Member Trustee or director | 2 | $0 |
| Linda Wozniak | Board Member Trustee or director | 2 | $0 |
| Thomas Brunner | Board Member Trustee or director | 2 | $0 |
| John C Martin | Board Member Trustee or director | 2 | $0 |
| Michele Wheaton | Chairperson Trustee or director, Officer | 2 | $0 |
| Melissa L Larese Esq | Vice Chairperson Trustee or director | 2 | $0 |
| Sr JoAnne Courneen RSM | Board Treasurer Trustee or director | 2 | $0 |
| Matthew J Rose | Board Member Trustee or director | 2 | $0 |
| Mark Simpson CPA CFP | Board Member Trustee or director | 2 | $0 |
| Lisa Anderson | Board Member Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 430 EAST GRANDVIEW BLVD, ERIE, PA 16504-2652
- Principal officer (990 for 2025)
- Kelly J Carson, 430 East Grandview Blvd, Erie, PA 16504
- Signed the 990
- Kelly J Carson, Executive Director
- Phone
- (814) 825-6791
- Return prepared by
- Gorzynski Uglow & Farrell PC
Mission
Operation of an independent living apartment complex for the elderly, meeting their social, spiritual, physical and psychological needs in housing and immediate environment, at a moderate cost.
Program accomplishments
- Operation of a 64 unit independent living apartment complex for the elderly meeting their social, spiritual, physical and psychological needs in housing and immediate environment, at a moderate cost.Expenses $487,934 · grants $63,765 · revenue $529,796
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 25-1523703
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $2,636,190
- Income (IRS master file)
- $532,238
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $532,238 | $533,864 | $2,636,190 | IRS |
| 990 | December 2024 | $531,819 | $517,666 | $2,609,665 | XML |
| 990 | December 2023 | $593,651 | $497,349 | $2,575,506 | XML |
| 990 | December 2022 | $519,157 | $514,575 | $2,447,079 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 25-1523703).
Questions about MERCY TERRACE APARTMENTS
- What is the EIN of MERCY TERRACE APARTMENTS?
- The employer identification number (EIN) of MERCY TERRACE APARTMENTS is 25-1523703.
- Is MERCY TERRACE APARTMENTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does MERCY TERRACE APARTMENTS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MERCY TERRACE APARTMENTS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MERCY TERRACE APARTMENTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MERCY TERRACE APARTMENTS?
- The 990 for the year ended December 31, 2025 names Kelly J Carson.
- Who are the officers and directors of MERCY TERRACE APARTMENTS?
- The 990 for the year ended December 31, 2025 lists 11 people; 2 received compensation from the organization, the highest $41,451 (Kelly J Carson, Executive Director).
- How much revenue does MERCY TERRACE APARTMENTS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $532,238, expenses of $533,864 and total assets of $2,636,190 at year end.
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