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Nonprofit · EIN 80-0034784

MERCY PLACE BELMONT INC

Also known as MERCY PLACE

Tax-exempt · DENVER, CO 80202

Financials

$366K$474K2023$370K$488K2024
Revenue Expenses · by fiscal year end
Financials of MERCY PLACE BELMONT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$370,188$488,350-$118,162$1,197,107$107,119$1,089,988
December 31, 2023990$366,310$474,413-$108,103$1,315,763$107,613$1,208,150
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$191,392
of which government grants
$191,392
Program service revenue
$166,564
Investment income
$3,053
Other revenue
$9,179

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$13,977
Occupancy
$123,571
Depreciation
$126,463
Program services (functional)
$474,373
Management and general (functional)
$13,977

Balance sheet and other

Total assets, start of year
$1,315,763
Total assets, end of year
$1,197,107
Total liabilities, end of year
$107,119
Net assets, end of year
$1,089,988
Land, buildings and equipment
$963,033
Net assets without donor restrictions
$1,089,988
Gross receipts
$370,188
Employees
0
Volunteers
0
Year formed
2002
State of legal domicile
NC

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MELISSA CLAYTONVICE PRESIDENT
Officer
0.1$0$273,011$35,478
JAMES ALEXANDERPRESIDENT/DIRECTOR
Trustee or director, Officer
0.1$0$248,678$13,716
JOE ROSENBLUMSECRETARY/DIRECTOR
Trustee or director, Officer
0.1$0$232,582$10,382
CHAD PAYNETREASURER
Officer
0.1$0$201,515$9,965
KASSIDI BOENINGVICE PRESIDENT
Officer
0.1$0$163,942$31,209
BOBBY ARTISDIRECTOR
Trustee or director
0.1$0$120,523$37,575
ANYEKA WALLACEDIRECTOR
Trustee or director
0.1$0$135,638$19,734
SELENA FREEMANDIRECTOR
Trustee or director
0.1$0$108,467$24,853
ELAINE WILLIAMSDIRECTOR
Trustee or director
0.1$0$73,187$4,975
TERRY STEIDENDIRECTOR
Trustee or director
0.1$0$62,755$11,955
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MELISSA CLAYTONVICE PRESIDENT
Officer
1$0$265,721$33,798
JOSEPH ROSENBLUMSECRETARY/DIRECTOR
Trustee or director, Officer
1$0$222,348$10,201
JAMES ALEXANDERPRESIDENT/DIRECTOR
Trustee or director, Officer
1$0$195,218$10,383
CHAD PAYNETREASURER
Officer
1$0$192,189$8,496
KASSIDI BOENINGVICE PRESIDENT
Officer
1$0$144,044$28,632
ANYEKA WALLACEDIRECTOR
Trustee or director
1$0$138,709$20,295
BOBBY ARTISDIRECTOR
Trustee or director
1$0$103,958$34,463
SELENA FREEMANDIRECTOR
Trustee or director
1$0$104,239$23,335
BRUCE SAABVICE PRESIDENT (UNTIL 10/23)
Officer
1$0$84,979$13,324
ELAINE WILLIAMSDIRECTOR
Trustee or director
1$0$68,705$10,851
TERRY STEIDENDIRECTOR
Trustee or director
1$0$68,096$10,817

Address and contacts

Address (IRS master file)
1600 BROADWAY STE 2000, DENVER, CO 80202-4929
In care of
% STEVE SPEARS
Principal officer (990 for 2024)
JAMES ALEXANDER, 1600 BROADWAY SUITE 2000, DENVER, CO 802025704
Signed the 990
CHAD PAYNE, TREASURER
Phone
(303) 830-3300
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

OWN AND OPERATE A 40-UNIT LOW-INCOME HOUSING PROJECT KNOWN AS MERCY PLACE BELMONT LOCATED IN BELMONT, NORTH CAROLINA, PROVIDING HOUSING TO ELDERLY AND/OR HANDICAPPED PERSONS

990 for the year ended December 31, 2024

Program accomplishments

  • MERCY PLACE BELMONT, INC WAS ORGANIZED ON FEBRUARY 27, 2002 AS A NORTH CAROLINA NONSTOCK, NONPROFIT CORPORATION FOR THE PURPOSE OF CONSTRUCTING AND OPERATING A RENTAL HOUSING PROJECT UNDER SECTION 202 OF THE HOUSING ACT OF 1959. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THE PROJECT CONSISTS OF 40 UNITS LOCATED IN BELMONT, NORTH CAROLINA AND IS CURRENTLY OPERATING UNDER THE NAME OF MERCY PLACE BELMONT.
    Expenses $474,373 · revenue $175,743

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
80-0034784
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
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,197,107
Income (IRS master file)
$370,188

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$370,188$488,350$1,197,107IRS
990December 2023$366,310$474,413$1,315,763XML
990December 2022$352,560$418,768$1,407,014IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 80-0034784).

Questions about MERCY PLACE BELMONT INC

What is the EIN of MERCY PLACE BELMONT INC?
The employer identification number (EIN) of MERCY PLACE BELMONT INC is 80-0034784.
Is MERCY PLACE BELMONT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to MERCY PLACE BELMONT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MERCY PLACE BELMONT 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 PLACE BELMONT 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 PLACE BELMONT 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 PLACE BELMONT INC?
The 990 for the year ended December 31, 2024 names JAMES ALEXANDER.
Who are the officers and directors of MERCY PLACE BELMONT INC?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does MERCY PLACE BELMONT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $370,188, expenses of $488,350 and total assets of $1,197,107 at year end.

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