Mercy Center Ministries Inc
- Assets
- $2.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 58
- Location
- Patchogue, NY
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 11-2657115
Organization Overview
Mercy Center Ministries Inc is located in Patchogue, NY. The organization was established in 1987. According to its NTEE Classification (P45) the organization is classified as: Family Services for Adolescent Parents, under the broad grouping of Human Services and related organizations. As of 06/2023, Mercy Center Ministries Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Center Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Mercy Center Ministries Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $1.3m during the year ending 06/2023. While expenses have increased by 2.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES COMMUNITY BASED RESIDENCES FOR HOMELESS WOMEN WHO ARE SINGLE, PREGNANT, AND/OR PARENTING WITH SHELTER, SUPPORTIVE SERVICES AND COMMUNITY RESOURCES, WHICH WILL ENABLE THEM TO BECOME INDEPENDENT, EMPOWERED, AND PRODUCTIVE MEMBERS OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES COMMUNITY BASED RESIDENCES FOR HOMELESS WOMEN WHO ARE SINGLE, PREGNANT, AND/OR PARENTING WITH SHELTER, SUPPORTIVE SERVICES AND COMMUNITY RESOURCES, WHICH WILL ENABLE THEM TO BECOME INDEPENDENT, EMPOWERED, AND PRODUCTIVE MEMBERS OF SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Freimark-Taitz Secretary | OfficerTrustee | 1 | $0 |
Beverly Jefferson President | OfficerTrustee | 1 | $0 |
Susan Miller Vice President | OfficerTrustee | 1 | $0 |
Howard Rowland Treasurer | OfficerTrustee | 1 | $0 |
Courtney Costello Director | Trustee | 1 | $0 |
Louis Bamonte Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $22,050 |
| Related organizations | $0 |
| Government grants | $113,969 |
| All other contributions, gifts, grants, and similar amounts not included above | $205,376 |
| Noncash contributions included in lines 1a–1f | $22,090 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $341,395 |
| Total Program Service Revenue | $1,095,145 |
| Investment income | $39,825 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $406,842 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $10,235 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,919,335 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,012 |
| Compensation of current officers, directors, key employees. | $10,261 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $810,725 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,142 |
| Payroll taxes | $80,443 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,186 |
| Office expenses | $17,031 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,080 |
| Travel | $1,517 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,327 |
| Insurance | $26,928 |
| All other expenses | $36,357 |
| Total functional expenses | $1,324,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $455,344 |
| Savings and temporary cash investments | $443,901 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $177,338 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,062 |
| Net Land, buildings, and equipment | $437,769 |
| Investments—publicly traded securities | $450,480 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,878 |
| Total assets | $1,982,772 |
| Accounts payable and accrued expenses | $70,068 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,876 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,878 |
| Total liabilities | $85,822 |
| Net assets without donor restrictions | $1,896,950 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,982,772 |