Nonprofit · EIN 94-3286321
MERCY BOND PROPERTIES COLORADO I
Tax-exempt · DENVER, CO 80202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $681,062 | $694,105 | -$13,043 | $2,335,327 | $2,122,879 | $212,448 |
| December 31, 2023 | 990 | $590,092 | $618,231 | -$28,139 | $2,382,629 | $2,157,138 | $225,491 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $523,454
- of which government grants
- $523,454
- Program service revenue
- $155,337
- Investment income
- $253
- Other revenue
- $2,018
Expenses
- Grants and similar amounts paid
- $47,459
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $16,294
- Occupancy
- $280,447
- Depreciation
- $121,755
- Program services (functional)
- $677,811
- Management and general (functional)
- $16,294
Balance sheet and other
- Total assets, start of year
- $2,382,629
- Total assets, end of year
- $2,335,327
- Total liabilities, end of year
- $2,122,879
- Net assets, end of year
- $212,448
- Land, buildings and equipment
- $1,786,846
- Net assets without donor restrictions
- $212,448
- Gross receipts
- $681,062
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2002
- State of legal domicile
- CA
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 |
|---|---|---|---|---|---|
| DOUG SHOEMAKER | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.1 | $0 | $295,887 | $22,009 |
| ED HOLDER | VICE PRESIDENT Officer | 0.1 | $0 | $264,789 | $45,695 |
| MELISSA CLAYTON | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 | $273,011 | $35,478 |
| SHELLY MARQUEZ | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 | $254,635 | $29,805 |
| RAMIE DARE | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 | $236,287 | $22,164 |
| LILLIAN LEW-HAILER | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 | $237,092 | $20,643 |
| JOE ROSENBLUM | SECRETARY Officer | 0.1 | $0 | $232,582 | $10,382 |
| ELIZABETH KUWADA | VICE PRESIDENT Officer | 0.1 | $0 | $204,128 | $23,339 |
| RICH CIRAULO | VICE PRESIDENT Officer | 0.1 | $0 | $180,848 | $34,343 |
| ERIKA VILLABLANCA | VICE PRESIDENT Officer | 0.1 | $0 | $183,659 | $28,906 |
| CHAD PAYNE | TREASURER Officer | 0.1 | $0 | $201,515 | $9,965 |
| TIM DUNN | VICE PRESIDENT Officer | 0.1 | $0 | $174,531 | $34,000 |
| KUHL BROWN | VICE PRESIDENT Officer | 0.1 | $0 | $165,989 | $35,660 |
| KASSIDI BOENING | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 | $163,942 | $31,209 |
| RICK SPRAGUE | VICE PRESIDENT Officer | 0.1 | $0 | $174,870 | $15,510 |
5 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ASHLEI HURST | VICE PRESIDENT Officer | 0.1 | $0 | $170,728 | $18,292 |
| ALVIN TUVILLA | VICE PRESIDENT Officer | 0.1 | $0 | $174,260 | $11,996 |
| JOANNA CROSBY | VICE PRESIDENT Officer | 0.1 | $0 | $137,190 | $11,882 |
| ELLEN ABRAMS | VICE PRESIDENT Officer | 0.1 | $0 | $109,650 | $27,036 |
| AMY BAYLEY | ASSISTANT SECRETARY Officer | 0.1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUG SHOEMAKER | PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 | $296,251 | $25,195 |
| MELISSA CLAYTON | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 | $265,721 | $33,798 |
| ED HOLDER | VICE PRESIDENT Officer | 1 | $0 | $255,109 | $38,385 |
| SHELLY MARQUEZ | PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 | $243,733 | $25,412 |
| RAMIE DARE | VICE PRESIDENT Officer | 1 | $0 | $229,391 | $20,964 |
| LILLIAN LEW-HAILER | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 | $219,710 | $17,820 |
| JOSEPH ROSENBLUM | SECRETARY Officer | 1 | $0 | $222,348 | $10,201 |
| ELIZABETH KUWADA | VICE PRESIDENT Officer | 1 | $0 | $197,417 | $22,734 |
| ERIKA VILLABLANCA | VICE PRESIDENT Officer | 1 | $0 | $177,291 | $28,669 |
| TIMOTHY DUNN | VICE PRESIDENT Officer | 1 | $0 | $168,637 | $33,259 |
| CHAD PAYNE | TREASURER Officer | 1 | $0 | $192,189 | $8,496 |
| RICHARD CIRAULO | VICE PRESIDENT Officer | 1 | $0 | $165,016 | $34,056 |
| KUHL BROWN | VICE PRESIDENT Officer | 1 | $0 | $152,862 | $34,402 |
| RICK SPRAGUE | VICE PRESIDENT Officer | 1 | $0 | $168,803 | $14,598 |
| ALVIN TUVILLA | VICE PRESIDENT Officer | 1 | $0 | $169,078 | $11,670 |
| KASSIDI BOENING | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 | $144,044 | $28,632 |
| JOANNA CROSBY | VICE PRESIDENT Officer | 1 | $0 | $114,713 | $9,802 |
| ELLEN ABRAMS | VICE PRESIDENT Officer | 1 | $0 | $96,015 | $22,735 |
| BRUCE SAAB | VICE PRESIDENT (UNTIL 10/23) Officer | 1 | $0 | $84,979 | $13,324 |
| AMY BAYLEY | ASSISTANT SECRETARY Officer | 1 | $0 | $0 | $0 |
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)
- DOUG SHOEMAKER, 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
MERCY BOND PROPERTIES COLORADO I WAS ORGANIZED ON APRIL 3, 2001 AS A CALIFORNIA NONSTOCK, NONPROFIT CORPORATION FOR THE PURPOSE OF CONSTRUCTING AND OPERATING RENTAL HOUSING PROJECTS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THIS ORGANIZATION IS TO PROVIDE HOUSING FACILITIES AND EDUCATIONAL AND SUPPORTIVE SERVICES FOR LOW-INCOME AND HOMELESS, POTENTIALLY HOMELESS OR OTHERWISE DISADVANTAGED PERSONS.
Program accomplishments
- 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. THESE WOULD HELP TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS, OBTAIN FINANCING FOR THE DEVELOPMENT OF LOW-INCOME PROPERTIES AND HOUSING UNITS, AND MANAGE THE CONSTRUCTION AND/OR REHABILITATION OF LOW-INCOME PROPERTIES AND HOUSING UNITS THROUGH OBTAINING THE CERTIFICATION OF OCCUPANCY PROJECT COMPLETION. THE PROJECT CONSISTS OF 54 UNITS LOCATED IN DENVER, COLORADO.Expenses $677,811 · grants $47,459 · revenue $157,355
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
- 94-3286321
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L25)
- Assets (IRS master file)
- $2,335,327
- Income (IRS master file)
- $681,062
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $681,062 | $694,105 | $2,335,327 | XML |
| 990 | December 2023 | $590,092 | $618,231 | $2,382,629 | XML |
| 990 | December 2022 | $603,265 | $567,910 | $2,451,739 | 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 94-3286321).
Questions about MERCY BOND PROPERTIES COLORADO I
- What is the EIN of MERCY BOND PROPERTIES COLORADO I?
- The employer identification number (EIN) of MERCY BOND PROPERTIES COLORADO I is 94-3286321.
- Is MERCY BOND PROPERTIES COLORADO I tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to MERCY BOND PROPERTIES COLORADO I tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MERCY BOND PROPERTIES COLORADO I 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 BOND PROPERTIES COLORADO I 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 BOND PROPERTIES COLORADO I 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 BOND PROPERTIES COLORADO I?
- The 990 for the year ended December 31, 2024 names DOUG SHOEMAKER.
- Who are the officers and directors of MERCY BOND PROPERTIES COLORADO I?
- The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
- How much revenue does MERCY BOND PROPERTIES COLORADO I have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $681,062, expenses of $694,105 and total assets of $2,335,327 at year end.
Other nonprofits in DENVER
- MERCY HOUSING INC EIN 47-0646706 · last filed 990 for 2024
- MERCY HOUSING CALIFORNIA EIN 94-3081666 · last filed 990 for 2024
- MERCY HOUSING LAKEFRONT EIN 36-3453183 · last filed 990 for 2024
- ROCKY MOUNTAIN MUTUAL HOUSING ASSOCIATION INC EIN 84-1480560 · last filed 990 for 2024
- COMMUNITY HOUSING CONCEPTS INC EIN 20-2259316 · last filed 990 for 2024
- COLORADO AFFORDABLE CATHOLIC HOUSING CORP EIN 84-1183023 · last filed 990 for 2025
- MERCY COMMUNITY CAPITAL EIN 84-1559406 · last filed 990 for 2024
- MERCY HOUSING MIDWEST EIN 47-0772351 · last filed 990 for 2024