Mercy Housing And Human Development Inc
- Assets
- $6.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 10
- Location
- Gulfport, MS
- Founding
- 09/1997
- Data as of
- 06/2021
- EIN
- 72-1354070
Organization Overview
Mercy Housing And Human Development Inc is located in Gulfport, MS. The organization was established in 1997. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Mercy Housing And Human Development Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Housing And Human Development 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 06/2021, Mercy Housing And Human Development Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $576.7k during the year ending 06/2021. 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
EMPOWERED BY THE BELIEF THAT ALL PEOPLE HAVE BASIC RIGHTS TO DIGNITY AND COMPASSION, OUR MISSION AT MERCY HOUSING AND HUMAN DEVELOPMENT IS TO RECOGNIZE THE NEED FOR SUSTAINABLE, AFFORDABLE HOUSING FOR LOW-WEALTH FAMILIES OF SOUTH MISSISSIPPI. TO THIS END, THE ADMINISTRATION, BOARD OF DIRECTORS AND STAFF PARTNER WITH CLIENTS, THE LOCAL COMMUNITY, PHILANTHROPIC ORGANIZATIONS AND GOVERNMENT STRUCTURES TO PROVIDE INTEGRATED SERVICES, DEVELOP INDEPENDENT DECISION-MAKING SKILLS AND BUILD FINANCIAL STABILITY. OUR CURRENT PROGRAMS EMPOWER SOUTH MISSISSIPPI FAMILIES TO MANAGE THEIR MONEY WISELY, IMPROVE/REPAIR THEIR CREDIT, BUILD WEALTH AND MAINTAIN INDIVIDUAL ASSETS FOR MORE CONTROL OVER THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING-RELATED EDUCATIONAL AND FINANCIAL ASSISTANCE PROGRAMS FOR DISADVANTAGED INDIVIDUALS AND FAMILIES.
PUBLIC OUTREACH PROGRAMS FOR DISADVANTAGED PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Egressy Executive Di | Officer | 40 | $62,954 |
Harry Piascik President | OfficerTrustee | $0 | |
Christy Sharp Vice Preside | OfficerTrustee | $0 | |
Barbara Ziz Secretary | OfficerTrustee | $0 | |
Jordan Matthews Board Member | Trustee | $0 | |
Marcia Mayfield Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $64,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $289,421 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $354,321 |
| Total Program Service Revenue | $187,728 |
| Investment income | $46,893 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $428,578 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,021,184 |
| 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. | $62,954 |
| Compensation of current officers, directors, key employees. | $12,591 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,646 |
| Pension plan accruals and contributions | $15,304 |
| Other employee benefits | $39,124 |
| Payroll taxes | $17,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,303 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,033 |
| Advertising and promotion | $2,621 |
| Office expenses | $8,941 |
| Information technology | $9,346 |
| Royalties | $0 |
| Occupancy | $18,709 |
| Travel | $315 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $898 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,526 |
| Insurance | $10,777 |
| All other expenses | $1,421 |
| Total functional expenses | $576,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,932 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,342 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,146,555 |
| Investments—publicly traded securities | $3,801,108 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,142,937 |
| Accounts payable and accrued expenses | $18,689 |
| 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 | $61,718 |
| Other liabilities | $0 |
| Total liabilities | $80,407 |
| Net assets without donor restrictions | $6,062,530 |
| 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 | $6,142,937 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mercy Housing And Human Development Inc has recieved totaling $30,317.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $20,038 |
Gulf Coast Community Foundation Inc Gulfport, MS PURPOSE: GENERAL SUPPORT | $10,279 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Jewish Community Center Memphis, TN | $30,405,033 | $7,860,258 |
The Foundry Ministries Inc Bessemer, AL | $6,292,436 | $8,931,425 |
Jewish Community Center New Orleans, LA | $19,690,276 | $8,816,918 |
Cornerstone Schools Of Alabama Inc Birmingham, AL | $11,890,966 | $6,756,553 |
The Cooperative Downtown Ministries Incorporated Birmingham, AL | $9,100,577 | $3,578,316 |
Neighborhood Christian Centers Inc Memphis, TN | $3,652,686 | $3,458,220 |
The Ordinary People Society Inc Dothan, AL | $521,362 | $2,175,764 |
United Methodist Neighborhood Centers Inc Chattanooga, TN | $381,920 | $1,660,837 |
Wesley House Community Center Inc Meridian, MS | $1,376,355 | $2,036,629 |
Dumas Wesley Community Center Mobile, AL | $6,140,927 | $1,127,513 |
Central City Economic Opportunity Corporation New Orleans, LA | $1,510,670 | $1,711,614 |
Service Over Self Incorporated Memphis, TN | $3,302,437 | $1,212,248 |