Mercy Housing California
96% goes to programs $24 to raise $100 Strong reserves Declining revenue
Mercy Housing California is a 501(c)(3) organization based in Denver, Colorado, registered in 2009, with $37,570,015 in FY2024 revenue. CharityIndex grades it C+, and it directs about 96% of spending to programs.
1600 Broadway Ste 2000, Denver, CO, 80202 EIN 94-3081666 Since 2009
Revenue (FY2024)
$37.6M
▼ 8.5% vs prior year
Housing median: $408K
Expenses (FY2024)
$47.4M
Net assets
$136.2M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating96% to programs · $24 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mercy Housing California: 96% to programs · $24 to raise $100 earns a A+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating34 mo reserves · -26% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mercy Housing California: 34 mo reserves · -26% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mercy Housing California: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mercy Housing California: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To develop, own and operate low-income housing facilities for families, seniors, people with special needs, and individuals lacking significant resources.
What they do
Housing development programs and services include acquiring acceptable locations for either new construction or rehabilitation of existing properties for multi-family rental properties or single family housing units to provide affordable housing to low-income residents, obtaining financing for the development of low-income properties and housing units, and managing the construction and/or rehabilitation of low-income properties and housing units through obtaining the certification of occupancy and project completion.
Asset management services are provided to low-income multi-family rental properties and include preparing and managing annual operating budgets, preparing reports for investors and lenders, overseeing the property management services, and ensuring and monitoring compliance to meet regulatory and eligibility requirements of residents.
Contact & location
- Address
- 1600 Broadway Ste 2000, Denver, CO, 80202
- City
- Denver
- State
- Colorado
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $15.1M (FY2013) to $37.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $135.7MNet assets $136.2M
Operating margin
-26.2%
Spent more than it raised in the latest fiscal year.
Total assets
$272.0M
Total liabilities
$135.7M
Net assets
$136.2M
Salaries & benefits
$0
0% of expenses
Board members
14
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $37,570,015▼8.5% | $47,420,026▼24.5% | $136,249,763▼17.2% | $271,954,064▲3.4% | 990 |
| 2023 | $41,074,614▼46.8% | $62,817,838▲13.9% | $164,459,922▼22.5% | $263,101,100▼3.3% | 990 |
| 2022 | $77,198,808▲49.4% | $55,132,420▲33.4% | $212,272,710▲8.0% | $272,183,184▲19.5% | 990 |
| 2021 | $51,666,218▼25.3% | $41,315,596▼12.4% | $196,462,220▲8.5% | $227,832,939▲8.1% | 990 |
| 2020 | $69,129,587▲36.7% | $47,176,488▲87.0% | $181,098,976▲13.8% | $210,846,345▲15.9% | 990 |
| 2019 | $50,554,615▼29.4% | $25,230,969▲14.5% | $159,142,957▲18.9% | $181,949,666▲21.1% | 990 |
| 2018 | $71,642,378▲85.1% | $22,041,556▼0.6% | $133,819,311▲58.9% | $150,221,435▲52.4% | 990 |
| 2017 | $38,705,716▼23.8% | $22,172,636▲1.2% | $84,218,489▲19.3% | $98,594,310▲12.7% | 990 |
| 2016 | $50,812,637▲84.3% | $21,918,894▼0.1% | $70,583,574▲69.3% | $87,498,802▲50.8% | 990 |
| 2015 | $27,568,201▲67.6% | $21,949,275▲59.7% | $41,689,831▲8.6% | $58,033,877▲14.1% | 990 |
| 2014 | $16,445,426▲8.7% | $13,741,796▲2.8% | $38,371,788▲7.6% | $50,868,103▲5.3% | 990 |
| 2013 | $15,135,308 | $13,361,455▲4.6% | $35,668,158▲5.2% | $48,295,048▲11.4% | 990 |
| 2012 | — | $12,779,725▲2.9% | $33,894,305▲51.2% | $43,340,422▲9.8% | 990 |
| 2011 | — | $12,423,609▼0.4% | $22,416,888▼8.4% | $39,484,561▼6.1% | 990 |
| 2010 | — | $12,472,166 | $24,481,205 | $42,039,365 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alvin Tuvilla | Vice President | 0.1 | — |
| Amy Bayley | Assistant Secretary | 0.1 | — |
| Ashlei Hurst | Vice President | 0.1 | — |
| Bradley Cox | Director | 1 | — |
| Camilo Zaks | Director | 1 | — |
| Chad Payne | Treasurer | 0.1 | — |
| Christina Garcia | Director (outgoing) | 1 | — |
| Christopher Lee | Director | 1 | — |
| David Levine | Director | 1 | — |
| Doug Shoemaker | President | 0.1 | — |
| Ed Holder | Vice President | 0.1 | — |
| Elizabeth Kuwada | Vice President | 0.1 | — |
| Ellen Jamason | Chair | 1 | — |
| Erika Villablanca | Vice President | 0.1 | — |
| Guillermo Rodriguez | Director | 1 | — |
| Jamarah Hayner | Director | 1 | — |
| Janet Ruggiero | Director (outgoing) | 1 | — |
| Jennifer Keith | Director | 1 | — |
| Joe Rosenblum | Secretary | 0.1 | — |
| Julie Brandt | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Zen Development Consultants LLC | Consulting | $263,715 |
Grants received · $14.0M total
135 grants to Mercy Housing California totaling $14.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mercy Housing Inc | Low-income housing | 2024 | $277,704 |
| Tipping Point Community | Discretionary issue area | 2024 | $250,000 |
| Baby2baby | In-kind donations of program supplies for needy families | 2024 | $23,677 |
| Local Initiatives Support Corporation | See part iv | 2024 | $20,000 |
| American Endowment Foundation | Housing, shelter | 2024 | $5,100 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Mercy Housing Inc | Low-income housing | 2023 | $1,928,679 |
| Sacramento Food Bank & Family Services | Distribution of food & supplies | 2023 | $210,368 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $41,700 |
| Good360 | To assist those in need | 2023 | $33,681 |
| Kaiser Foundation Hospitals | Sunnydale-visitacion valley community healing-cent | 2023 | $31,000 |
| Baby2baby | In-kind donations of program supplies for needy families | 2023 | $12,179 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $11,500 |
| American Online Giving Foundation Inc | General support | 2023 | $10,390 |
| San Francisco Foundation | In support of resident services at mercy housing california. | 2023 | $10,200 |
Grants made · $7.6M in FY2024
18 grants totaling $7.6M in FY2024 — showing the 15 largest. All grants made by Mercy Housing California →
| Recipient | Purpose | Amount |
|---|---|---|
| Mercy Housing California 89 LP | Capital contribution | $4,031,720 |
| Mercy Housing Inc | General support | $1,130,131 |
| Kelsey Civic Center LP | Weinberg foundation | $500,000 |
| Laguna Senior Housing LP | Capital improvements, rental assistance & wage enhancements | $448,134 |
| Third and Leconte Associates LP | Rental assistance | $324,806 |
| 55 Laguna LP | Capital improvements, rental assistance & wage enhancements | $304,994 |
| Sfha Housing Corporation | Donation from mohcd holiday toys | $150,000 |
| 833 Byrant LP | Capital improvements | $141,443 |
| City and County of San Francisco Finance Corporation | Gift to ccsf recreation & park dept | $139,681 |
| Sunnydale Avenue Community Center | Studio equipment & civic productions | $79,900 |
| Mercy Housing California 51 LP | Bill soro community | $74,797 |
| Mercy Housing California 59 LP | Capital improvements | $74,093 |
| Homeless Prenatal Program Inc | Cover holding costs | $50,000 |
| Mercy Housing California Xxxv LP | Deficit reserve draw | $40,001 |
| Mercy Housing California Xiv LP | Capital improvements | $24,800 |
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Frequently asked questions
- Is Mercy Housing California a legitimate nonprofit?
- Yes. Mercy Housing California is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-3081666, based in Denver, Colorado. Donations are tax-deductible.
- What is Mercy Housing California's EIN?
- Mercy Housing California's Employer Identification Number (EIN) is 94-3081666.
- How much revenue does Mercy Housing California report?
- Mercy Housing California reported $37,570,015 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mercy Housing California's spending goes to programs?
- Mercy Housing California spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mercy Housing California have?
- CharityIndex grades Mercy Housing California C+, based on program efficiency and fundraising cost.
- How much does Mercy Housing California's highest-paid employee make?
- The highest reported compensation on Mercy Housing California's latest Form 990 is $0, paid to Alvin Tuvilla (Vice President).
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Explore more
Data for Mercy Housing California (EIN 94-3081666) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.