Brothers Of Mercy Management Company Inc is located in Clarence, NY. The organization was established in 1946. As of 12/2022, Brothers Of Mercy Management Company Inc employed 35 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Brothers Of Mercy Management Company 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 12/2022, Brothers Of Mercy Management Company Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 8.6% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CENTRALIZED FINANCIAL, ADMINISTRATIVE, AND OTHER SUPPORT SERVICES TO AFFILIATES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CENTRALIZED FINANCIAL, ADMINISTRATIVE AND OTHER SUPPORT SERVICES TO AFFILIATES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Eimer Board Member/corp CEO | OfficerTrustee | 2 | $12,524 |
Joseph Widmer CFO | Officer | 3.5 | $17,315 |
Melissa Feider Chro | 2 | $7,383 | |
Sister Patricia Burkard Board Member/chairwomen | OfficerTrustee | 0.5 | $0 |
Michael Noe Board Member/secretary | OfficerTrustee | 0.5 | $0 |
Brother Kenneth Thomas Board Member | Trustee | 6.25 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,479,195 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,479,195 |
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. | $29,839 |
Compensation of current officers, directors, key employees. | $2,984 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,909,543 |
Pension plan accruals and contributions | $26,774 |
Other employee benefits | $226,176 |
Payroll taxes | $136,301 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,775 |
Fees for services: Accounting | $6,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $9,258 |
Office expenses | $7,490 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $397 |
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 | $13,027 |
Insurance | $15,917 |
All other expenses | $89,098 |
Total functional expenses | $2,479,195 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $66,118 |
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 | $2,000 |
Net Land, buildings, and equipment | $47,261 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,786,967 |
Total assets | $1,902,346 |
Accounts payable and accrued expenses | $380,576 |
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 | $1,521,770 |
Total liabilities | $1,902,346 |
Net assets without donor restrictions | $0 |
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 | $1,902,346 |