Mercy House Chdo Inc

Nonprofit profile at a glance

EIN
204122028
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-EZ 2016
Location
Santa Ana, CA, USA
Phone
7148367188
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$1,894,827
Expenses
$1,301,513
Assets
$28,189,565
Liabilities
$2,168,329

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • LARRY HAYNES (CEO & PRESIDENT)
  • PATTI LONG (VICE PRESIDENT)

Highest reported compensation

  • LARRY HAYNES (CEO & PRESIDENT): $32,608 total reported compensation
  • LINDA WILSON (DIRECTOR & SECRETARY): $20,375 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mercy house chdo, inc. Was organized to assist and support mercy house living centers with its housing programs and to develop new opportunities for low-income housing.

What it reported doing in 2024

Housing - assist and support mercy house living centers with its existing housing programs by developing new housing projects serving homeless and low-income populations. Chdo owned and/or operated mesa vista in costa mesa until february, 2025. Additionally, chdo has partnered with a number of developers to establish limited partnerships (lp) to acquire, rehab and/or construct new housing projects. This includes 1) community development partners on the developments of the cove in newport beach serving low-income seniors and homeless veterans; casa querencia and la placita cinco in santa ana which serves chronically homeless households and low-income households, respectively; st. Michael's in riverside that serves a mix of chronically homeless and low-income households; lake house in los angeles that serves chronically homeless; and archways in santa ana that serves a mix of chronically homeless and low-income households; casa aliento in oxnard that serves chronically homeless and casa de carmen in oxnard that is currently under construction and will serve chronically homeless households 2) national core on the developments of legacy square in santa ana that serves a mix of chronically homeless and low-income households; and vista de la sierra (fka golden pierce) located in riverside that serves a mix of chronically homeless and low-income households.

Operating model

Revenue model
Earned-program. 68% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most filed governance safeguards are in place. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 90
  • Accountability: 71
  • Sustainability: 80
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.9%; rating input score 45
  • Program expense ratio: 95.6%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 11th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 31.3%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 21.66; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 46; 46th percentile among comparable filings
  • Officer compensation ratio: 4.1%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: 36% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 22.8% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 26.2% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 44.9% of revenue deployed · 95.6% of spending went to programs
  • Governance: 3 of 6 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $1.2M in reported program spending
  • Leadership: top reported pay $33K · 9 people listed
  • Highest-paid contractors: 1 contractor listed · $148K reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 10 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
  • Review — Accountability: Independent voting board scored 50/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 55/100.