Nonprofit · EIN 80-0034784
MERCY PLACE BELMONT INC
Also known as MERCY PLACE
Tax-exempt · DENVER, CO 80202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $370,188 | $488,350 | -$118,162 | $1,197,107 | $107,119 | $1,089,988 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MELISSA CLAYTON | VICE PRESIDENT Officer | 0.1 | $0 | $273,011 | $35,478 |
| JAMES ALEXANDER | PRESIDENT/DIRECTOR Trustee or director, Officer | 0.1 | $0 | $248,678 | $13,716 |
| JOE ROSENBLUM | SECRETARY/DIRECTOR Trustee or director, Officer | 0.1 | $0 | $232,582 | $10,382 |
| CHAD PAYNE | TREASURER Officer | 0.1 | $0 | $201,515 | $9,965 |
| KASSIDI BOENING | VICE PRESIDENT Officer | 0.1 | $0 | $163,942 | $31,209 |
| BOBBY ARTIS | DIRECTOR Trustee or director | 0.1 | $0 | $120,523 | $37,575 |
| ANYEKA WALLACE | DIRECTOR Trustee or director | 0.1 | $0 | $135,638 | $19,734 |
| SELENA FREEMAN | DIRECTOR Trustee or director | 0.1 | $0 | $108,467 | $24,853 |
| ELAINE WILLIAMS | DIRECTOR Trustee or director | 0.1 | $0 | $73,187 | $4,975 |
| TERRY STEIDEN | DIRECTOR Trustee or director | 0.1 | $0 | $62,755 | $11,955 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MELISSA CLAYTON | VICE PRESIDENT Officer | 1 | $0 | $265,721 | $33,798 |
| JOSEPH ROSENBLUM | SECRETARY/DIRECTOR Trustee or director, Officer | 1 | $0 | $222,348 | $10,201 |
| JAMES ALEXANDER | PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 | $195,218 | $10,383 |
| CHAD PAYNE | TREASURER Officer | 1 | $0 | $192,189 | $8,496 |
| KASSIDI BOENING | VICE PRESIDENT Officer | 1 | $0 | $144,044 | $28,632 |
| ANYEKA WALLACE | DIRECTOR Trustee or director | 1 | $0 | $138,709 | $20,295 |
| BOBBY ARTIS | DIRECTOR Trustee or director | 1 | $0 | $103,958 | $34,463 |
| SELENA FREEMAN | DIRECTOR Trustee or director | 1 | $0 | $104,239 | $23,335 |
| BRUCE SAAB | VICE PRESIDENT (UNTIL 10/23) Officer | 1 | $0 | $84,979 | $13,324 |
| ELAINE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $68,705 | $10,851 |
| TERRY STEIDEN | DIRECTOR 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
- Website
- WWW.MERCYHOUSING.ORG
- 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
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 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
- 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
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $1,197,107
- Income (IRS master file)
- $370,188
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $370,188 | $488,350 | $1,197,107 | IRS |
| 990 | December 2023 | $366,310 | $474,413 | $1,315,763 | XML |
| 990 | December 2022 | $352,560 | $418,768 | $1,407,014 | 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 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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