Mother Of Mercy Foundation Inc is located in Rome City, IN. The organization was established in 2015. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mother Of Mercy Foundation 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 12/2021, Mother Of Mercy Foundation Inc generated $452.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $355.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
IN JUNE OF 2018, THE ORGANIZATION BECAME AWARE OF THE GROWING INTEREST IN CATHOLIC DEVOTION TO OUR LADY OF AMERICA, THE IMMACULATE VIRGIN, PATRONESS OF AMERICA WHICH HAS ITS HISTORIC ORIGIN AT OUR PROPERTY. WE ALSO WERE INFORMED THAT CATHOLIC BISHOP KEVIN C. RHOADES, BISHOP OF FORT WAYNE SOUTH BEND HAD FORMED A COMMISSION TO STUDY THE DEVOTION. AS A RESULT, THE BOARD WAS EXPANDED WITH A FOCUS TO RECOVER THE CHAPEL AND BUILDINGS IN PREPARATION FOR RECEIVING PILGRIMS. WITH THAT, A PLAN WAS UNDERTAKEN TO RECOVER THE BUILDING WHICH WAS MOSTLY VACANT FOR 10 YEARS. MAJOR BENEFACTORS WERE ACQUIRED FOR THIS WORK. 2019 WAS ALMOST ENTIRELY REMEDIATION OF MOLD, REMOVE NON-HISTORIC BUILDINGS, CLEAN OUT, ASSESSMENT OF MECHANICAL SYSTEMS, ROOF MAINTENANCE AND DRYING OUT THE BUILDINGS. 2020 IS EXPECTED TO BE RENOVATION OF KEY PUBLIC AREAS, INSTALLATION OF MECHANICAL SYSTEMS WITH EXPECTED OPENING TO PILGRIMS IN THE FALL. ON MAY 7, 2020, BISHOP RHOADES AND 5 OTHER U.S. BISHOPS DECLARED THE DEVOTION TO
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHILE STILL UNDER THE CLOUD OF THE COVID-19 PANDEMIC THE MOTHER OF MERCY FOUNDATION CONTINUED OUR PROGRESS IN 2021. COVID DELAYED OUR GROWTH IN PILGRIMS (VISITORS) THROUGH MOST OF 2020. WITH COMPLETION OF BATHROOMS, CONFERENCE ROOM, WELCOME CENTER, AND CHAPEL THE CENTER WAS OPENED TO PILGRIMS IN LATE SPRING WITH TOURS, HOLY MASS AND CONFESSIONS. IN THIS FIRST YEAR OF OPERATION, WE RECEIVED MORE THAN 3,000 PILGRIMS. BY MAY A REGULAR SCHEDULE OF EVENTS WAS SET. BUILDING ON THE DECREE (MAY 2020) OF BISHOP KEVIN C. RHOADES THE CENTER FOCUSED ON SERVING PILGRIMS, WHICH SAW A CONSISTENT QUARTER OVER QUARTER INCREASE IN PILGRIMS. IN NOVEMBER, BISHOP RHOADES COMMITTED TO OFFERING THE HOLY SACRIFICE OF THE MASS ON AUGUST 6TH OF 2022. THIS IS A SIGNIFICANT ENDORSEMENT OF THE GOOD FRUITS COMING FROM THE CENTER AND ILLUSTRATIVE OF HIS SUPPORT OF OUR MISSION. OUR DONOR BASE EXPANDED GREATLY. THE BOARD OF DIRECTORS OFFERED A 2-1 MATCH FOR NON-MAJOR DONORS WHICH STARTED IN NOVEMBER 2021. BY THE END OF THE CAMPAIGN IN MARCH 2022, WE RAISED MORE THAN 575,000. THIS RESPONSE PLACED THE FOUNDATION INTO COMPLIANCE WITH THE PUBLIC CHARITY THRESHOLD TEST, WHICH NOW APPEARS TO HAVE A SOLID BASE OF DONORS GOING FORWARD. THE FOUNDATION CONTINUES TO ENJOY A GROWING LEVEL OF PILGRIM PARTICIPATION, VOLUNTEERS AND DONORS THAT IS CONTINUING INTO 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Irvin Kloska Treasurer | OfficerTrustee | 1 | $0 |
Timothy Rushenburg Secretary | OfficerTrustee | 1 | $0 |
Albert Langsenkamp President | OfficerTrustee | 20 | $0 |
Terrence Kopp Director | Trustee | 1 | $0 |
John Dolan Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $445,782 |
Noncash contributions included in lines 1a–1f | $5,805 |
Total Revenue from Contributions, Gifts, Grants & Similar | $445,782 |
Total Program Service Revenue | $3,346 |
Investment income | $11 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,782 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $452,921 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,665 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $139,250 |
Advertising and promotion | $2,661 |
Office expenses | $11,492 |
Information technology | $1,036 |
Royalties | $0 |
Occupancy | $19,586 |
Travel | $4,770 |
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 | $36,536 |
Insurance | $13,097 |
All other expenses | $0 |
Total functional expenses | $355,588 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $115,666 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $28,200 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $13,140 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,163,606 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $96,354 |
Total assets | $1,416,966 |
Accounts payable and accrued expenses | $97,500 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $97,500 |
Net assets without donor restrictions | $1,319,466 |
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 | $1,416,966 |
Over the last fiscal year, we have identified 1 grants that Mother Of Mercy Foundation Inc has recieved totaling $50,000.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $50,000 |
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