Nonprofit · EIN 47-0646706
MERCY HOUSING INC
Also known as AFFORDABLE HOUSING FOR AMER IN NEED
Tax-exempt · DENVER, CO 80202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $46,466,606 | $47,861,327 | -$1,394,721 | $502,726,015 | $421,274,079 | $81,451,936 |
| December 31, 2023 | 990 | $100,477,161 | $57,455,577 | $43,021,584 | $451,397,015 | $368,535,758 | $82,861,257 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,397,075
- Program service revenue
- $41,375,752
- Investment income
- $296,525
- Net rental income
- $62,890
- Net gain from sales of assets
- $274,448
- Other revenue
- $2,397,254
Expenses
- Grants and similar amounts paid
- $5,970,109
- Compensation of officers, directors and key employees
- $5,599,132
- Other salaries and wages
- $14,731,450
- Salaries, compensation and benefits (total)
- $27,917,679
- Professional fundraising fees
- $0
- Legal fees
- $287,425
- Accounting fees
- $185,933
- Occupancy
- $14,502,032
- Travel
- $815,063
- Depreciation
- $515,106
- Program services (functional)
- $32,782,360
- Management and general (functional)
- $9,480,354
- Fundraising (functional)
- $5,598,613
Balance sheet and other
- Total assets, start of year
- $451,397,015
- Total assets, end of year
- $502,726,015
- Total liabilities, end of year
- $421,274,079
- Net assets, end of year
- $81,451,936
- Land, buildings and equipment
- $1,338,857
- Net assets without donor restrictions
- $66,391,561
- Net assets with donor restrictions
- $15,060,375
- Gross receipts
- $46,466,606
- Employees
- 639
- Volunteers
- 15
- Year formed
- 1981
- State of legal domicile
- NE
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ISMAEL GUERRERO | PRESIDENT Officer | 40 | $495,887 | $36,834 |
| ANGELA BRUNO | SENIOR VICE PRESIDENT/CFO Officer | 40 | $351,839 | $39,330 |
| DEBRA WALSH | EXECUTIVE VICE PRESIDENT Officer | 40 | $360,688 | $25,910 |
| DOUG SHOEMAKER | VICE PRESIDENT Officer | 40 | $295,887 | $22,009 |
| EDWARD HOLDER | VP, REAL ESTATE DEVELOP Highest-paid employee | 40 | $264,789 | $45,695 |
| MELISSA CLAYTON | SENIOR VICE PRESIDENT Officer | 40 | $273,011 | $35,478 |
| CONSTANCE RULE | SENIOR VICE PRESIDENT/CSP Officer | 40 | $280,430 | $26,830 |
| PARAG GUPTA | SENIOR VICE PRESIDENT/CPO Officer | 40 | $290,654 | $13,772 |
| JOSEPH THOMPSON | SENIOR VICE PRESIDENT Officer | 40 | $251,757 | $43,633 |
| SHELLY MARQUEZ | SENIOR VICE PRESIDENT Officer | 40 | $254,635 | $29,805 |
| JANICE TURNER | VICE PRESIDENT Officer | 40 | $241,033 | $24,842 |
| MARK ANGELINI | SENIOR VICE PRESIDENT Officer | 40 | $252,403 | $12,045 |
| JAMES ALEXANDER | SENIOR VICE PRESIDENT Officer | 40 | $248,678 | $13,716 |
| RAMIE DARE | DIR, REAL ESTATE DEV-REG Highest-paid employee | 40 | $236,287 | $22,164 |
| LILLIAN LEW-HAILER | REG VP OPS Highest-paid employee | 40 | $237,092 | $20,643 |
25 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN FELIX | SENIOR VICE PRESIDENT Officer | 40 | $216,265 | $0 | $40,135 |
| JOHN MARCOLINA | VICE PRESIDENT Officer | 40 | $208,445 | $0 | $41,963 |
| STEFANIE JOY | SVP, PRES MERCY COMM CAP Highest-paid employee | 40 | $206,756 | $0 | $42,563 |
| KATE PETERSON | SENIOR VICE PRESIDENT Officer | 40 | $204,368 | $0 | $41,707 |
| JOE ROSENBLUM | SECRETARY Officer | 40 | $232,582 | $0 | $10,382 |
| JAYA JOHNSON | VICE PRESIDENT Officer | 40 | $204,694 | $0 | $31,667 |
| WEB BROWN | SENIOR VICE PRESIDENT Officer | 40 | $195,189 | $0 | $39,151 |
| ELIZABETH KUWADA | DIR, REAL ESTATE DEV-REG Highest-paid employee | 40 | $204,128 | $0 | $23,339 |
| CHAD PAYNE | TREASURER Officer | 40 | $201,515 | $0 | $9,965 |
| CHERYLL O'BRYAN | VICE PRESIDENT (OUTGOING) Officer | 1 | $0 | $80,131 | $4,836 |
| BARBARA BUSCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BARBARA KELLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLIE FRANCIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID JACKSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOANNE BERTGES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN POWELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KATHERINE AGUILAR PEREZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PATRICIA COCHRAN BERGMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PATRICIA ECK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAUL GUSTAV NEUMANN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SAM ROSS | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SISTER DIANE HEJNA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SISTER JANE GERETY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TOM BYERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| YVONNE CAMACHO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 37 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ISMAEL GUERRERO | PRESIDENT Officer | 40 | $465,043 | $0 | $38,865 |
| CHERYLL O'BRYAN | VICE PRESIDENT Officer | 1 | $0 | $360,513 | $42,252 |
| DEE WALSH | VICE PRESIDENT Officer | 40 | $344,082 | $0 | $26,229 |
| ANGELA BRUNO | SENIOR VICE PRESIDENT/CFO Officer | 40 | $327,391 | $0 | $21,198 |
| DOUG SHOEMAKER | VICE PRESIDENT Officer | 40 | $296,251 | $0 | $25,195 |
| MELISSA CLAYTON | SENIOR VICE PRESIDENT Officer | 40 | $265,721 | $0 | $33,798 |
| EDWARD HOLDER | VICE PRESIDENT Highest-paid employee | 40 | $255,109 | $0 | $38,385 |
| CONSTANCE RULE | SENIOR VICE PRESIDENT/CSP Officer | 40 | $258,816 | $0 | $25,733 |
| PARAG GUPTA | SENIOR VICE PRESIDENT/CPO Officer | 40 | $269,230 | $0 | $11,578 |
| JOSEPH THOMPSON | SENIOR VICE PRESIDENT Officer | 40 | $234,901 | $0 | $42,779 |
| SHELLY MARQUEZ | SENIOR VICE PRESIDENT Officer | 40 | $243,733 | $0 | $25,412 |
| JANICE TURNER | SENIOR VICE PRESIDENT Officer | 40 | $239,192 | $0 | $23,312 |
| MARK ANGELINI | SENIOR VICE PRESIDENT Officer | 40 | $245,093 | $0 | $11,727 |
| RAMIE DARE | DIRECTOR Highest-paid employee | 40 | $229,391 | $0 | $20,964 |
| JOHN FELIX | ASSISTANT SECRETARY / SR. Officer | 40 | $209,962 | $0 | $37,250 |
| JOHN MARCOLINA | VICE PRESIDENT Officer | 40 | $201,013 | $0 | $39,487 |
| LILLIAN LEW-HAILER | VICE PRESIDENT Highest-paid employee | 40 | $219,710 | $0 | $17,820 |
| KATE PETERSON | SENIOR VICE PRESIDENT Officer | 40 | $194,072 | $0 | $39,045 |
| JOE ROSENBLUM | SECRETARY Officer | 40 | $222,348 | $0 | $10,201 |
| STEFANIE JOY | SENIOR VICE PRESIDENT Highest-paid employee | 40 | $200,814 | $0 | $27,568 |
| WEB BROWN | SENIOR VICE PRESIDENT Officer | 40 | $189,508 | $0 | $34,867 |
| ELIZABETH KUWADA | DIRECTOR Highest-paid employee | 40 | $197,417 | $0 | $22,734 |
| JAYA JOHNSON | SENIOR VICE PRESIDENT Officer | 40 | $190,424 | $0 | $27,628 |
| JAMES ALEXANDER | SENIOR VICE PRESIDENT Officer | 40 | $195,218 | $0 | $10,383 |
| CHAD PAYNE | TREASURER Officer | 40 | $192,189 | $0 | $8,496 |
| RON JACKSON | VICE PRESIDENT Officer | 40 | $120,093 | $0 | $23,055 |
| PATRICIA COCHRAN BERGMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| YVONNE CAMACHO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KATHERIN AGUILAR PEREZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DOUG JUTTE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DIANE HEJNA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PATRICIA ECK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SISTER JANE GERETY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BARBARA BUSCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOANNE BERTGES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLIE FRANCIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN POWELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1600 BROADWAY STE 2000, DENVER, CO 80202-4929
- In care of
- % JOE ROSENBLUM
- Principal officer (990 for 2024)
- ISMAEL GUERRERO, 1600 BROADWAY SUITE 2000, DENVER, CO 80202
- Signed the 990
- CHAD PAYNE, TREASURER
- Phone
- (303) 830-3300
- Website
- WWW.MERCYHOUSING.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
THE MISSION OF MERCY HOUSING, INC. IS TO MANAGE OR DIRECT ENTITIES WHICH ARE ORGANIZED FOR THE PURPOSE OF CREATING STABLE, VIBRANT AND HEALTH COMMUNITIES BY DEVELOPING, FINANCING, AND OPERATING AFFORDABLE, PROGRAM-ENRICHED HOUSING FOR FAMILIES, SENIORS, AND PEOPLE WITH SPECIAL NEEDS WHO LACK THE ECONOMIC RESOURCES TO ACCESS QUALITY, SAFE HOUSING OPPORTUNITIES.
Program accomplishments
- MERCY HOUSING, INC.'S PROGRAM SUPPORTS AFFORDABLE HOUSING AND RESIDENT SERVICES FOR LOW AND MODERATE INCOME PERSONS AND INCLUDES ACTIVITIES OF ASSET MANAGEMENT, HOUSING DEVELOPMENT, CONSULTING SERVICES, CONSTRUCTION MANAGEMENT AND FINANCIAL SERVICES SPECIFICALLY RELATED TO DEVELOPMENT OF AFFORDABLE HOUSING.Expenses $32,782,360 · grants $5,970,109 · revenue $43,710,116
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 | Not 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
- 47-0646706
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L200)
- Assets (IRS master file)
- $502,726,015
- Income (IRS master file)
- $46,466,606
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $46,466,606 | $47,861,327 | $502,726,015 | IRS |
| 990 | December 2023 | $100,477,161 | $57,455,577 | $451,397,015 | XML |
| 990 | December 2022 | $38,598,550 | $31,181,662 | $156,167,253 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 47-0646706).
Questions about MERCY HOUSING INC
- What is the EIN of MERCY HOUSING INC?
- The employer identification number (EIN) of MERCY HOUSING INC is 47-0646706.
- Is MERCY HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to MERCY HOUSING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MERCY HOUSING INC 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 HOUSING INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MERCY HOUSING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MERCY HOUSING INC?
- The 990 for the year ended December 31, 2024 names ISMAEL GUERRERO.
- Who are the officers and directors of MERCY HOUSING INC?
- The 990 for the year ended December 31, 2024 lists 40 people; 24 received compensation from the organization, the highest $495,887 (ISMAEL GUERRERO, PRESIDENT).
- How much revenue does MERCY HOUSING INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $46,466,606, expenses of $47,861,327 and total assets of $502,726,015 at year end.
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