Mercy Housing West
Nonprofit profile at a glance
- EIN
- 680254564
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Denver, CO, USA
- Phone
- 3038303300
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $8,787,556
- Expenses
- $8,824,052
- Assets
- $49,764,149
- Liabilities
- $18,265,160
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- DOUG SHOEMAKER (PRESIDENT)
- LILLIAN LEW-HAILER (VICE PRESIDENT)
- MELISSA CLAYTON (VICE PRESIDENT)
- RAMIE DARE (CHAIRMAN & VICE PRESIDENT)
- ALVIN TUVILLA (VICE PRESIDENT)
- ASHLEI HURST (VICE PRESIDENT)
Highest reported compensation
- DOUG SHOEMAKER (PRESIDENT): $317,896 total reported compensation
- ED HOLDER (VICE PRESIDENT): $310,484 total reported compensation
- MELISSA CLAYTON (VICE PRESIDENT): $308,489 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization invests in limited partnerships which provide low- income housing and supportive services to low-income, homeless, potentially homeless, or otherwise disadvantaged persons, in accordance with its exempt purpose. Most disbursements in furtherance of the organization's exempt-purpose programs are made in the active conduct of the above activities. Otherwise, disbursements in furtherance of the organization's exempt-purpose programs are made in accordance with procedures or subject to conditions established by the organization's board of directors designed to ensure that individuals and organizations receiving disbursements are adequately investigated to establish they are qualified recipients.
What it reported doing in 2024
To develop projects which provide housing facilities and supportive services for low-income, homeless, potentially homeless or otherwise disadvantaged persons.
Operating model
- Revenue model
- Grant-funded. 61% of the money available for current operations came from government grants.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 65
- Accountability: 32
- Sustainability: 50
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.6%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.4%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 5.64; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 4.1%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 1.7% per year; rating input score 100; 21st percentile among comparable filings
- Revenue growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: -0.1% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.6% of spending went to programs
- Governance: 0 of 4 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $8.8M in reported program spending
- Leadership: top reported pay $318K · 16 people listed · 0 of 6 pay-setting controls reported
- Consistency: 20 of 20 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 497 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.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.