Mt Carmel Redevelopment Corporation Inc is a 501(c)(3) organization based in Kansas City, Kansas, registered in 1995, with $1,491,353 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.5M
▲ 30.3% vs prior year
Housing median: $408K
Expenses (FY2024)
$985K
Net assets
$2.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for Mt Carmel Redevelopment Corporation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Mt Carmel Redevelopment Corporation Inc: 27 mo reserves · +34% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for Mt Carmel Redevelopment Corporation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Mt Carmel Redevelopment Corporation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $591K (FY2013) to $1.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
33.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.0M
Total liabilities
$738K
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,491,353▲30.3% | $985,170▲1.5% | $2,240,226▲29.2% | $2,978,265▲19.7% | 990 |
| 2023 | $1,144,335▲8.2% | $970,250▲4.8% | $1,734,058▲9.9% | $2,487,504▲17.8% | 990 |
| 2022 | $1,057,551▲9.8% | $925,697▲32.3% | $1,578,142▲9.1% | $2,110,738▲5.5% | 990 |
| 2021 | $963,203▲52.7% | $699,679▲30.6% | $1,446,287▲28.3% | $2,000,628▲34.6% | 990 |
| 2020 | $630,623▲30.2% | $535,642▲32.1% | $1,127,164▲14.6% | $1,486,099▲11.6% | 990 |
| 2019 | $484,313▲6.8% | $405,386▲4.3% | $983,608▼4.8% | $1,331,160▼2.4% | 990 |
| 2018 | $453,467▲9.1% | $388,809▼30.6% | $1,033,454▼55.6% | $1,363,314▼62.4% | 990 |
| 2017 | $415,668▼22.6% | $559,910▼20.6% | $2,328,004▼5.8% | $3,630,092▼2.7% | 990 |
| 2016 | $537,303▼17.5% | $705,321▼1.6% | $2,472,650▼6.3% | $3,731,919▼8.4% | 990 |
| 2015 | $651,377▼9.8% | $717,087▼11.8% | $2,638,662▼2.6% | $4,073,409▼4.5% | 990 |
| 2014 | $722,362▲22.2% | $813,056▲11.1% | $2,708,787▼7.5% | $4,266,094▼3.2% | 990 |
| 2013 | $591,256 | $731,769 | $2,929,957 | $4,409,048 | 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.
17 grants to Mt Carmel Redevelopment Corporation Inc totaling $1.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Health Care Foundation of Greater Kansas City | 2024 people funding | 2024 | $200,000 |
| Kansas Health Foundation | To provide core support funding for the continued operational and programmatic work of mt. carmel redevelopment corporation. | 2024 | $100,000 |
| Greater Kansas City Community Foundation | Human services | 2024 | $83,000 |
| Health Care Foundation of Greater Kansas City | Mcrc tremont project | 2023 | $250,000 |
| Health Care Foundation of Greater Kansas City | 2023 people funding | 2023 | $150,000 |
| Health Care Foundation of Greater Kansas City | 2022 mental health funding | 2022 | $100,000 |
| Kansas Health Foundation | This funding is provided as core support for mt. carmel redevelopment corporation to further its mission of improving the quality of life for residents of northeast wyandotte county through community revitalization and economic development. | 2022 | $100,000 |
| Health Care Foundation of Greater Kansas City | 2022 healthy communities funding | 2022 | $50,000 |
| Health Care Foundation of Greater Kansas City | Increasing access to mental health services in wyandotte county, ks | 2021 | $162,192 |
| Health Care Foundation of Greater Kansas City | Mt. carmel nutrition programs - increasing access to healthy foods | 2021 | $125,726 |
| Health Care Foundation of Greater Kansas City | Mt. carmel redevelopment staff capacity & core operating support | 2021 | $50,000 |
| Health Care Foundation of Greater Kansas City | Improve access to mental health services | 2020 | $87,261 |
| Heart To Heart International Inc | Medical assistance | 2020 | $13,596 |
| Greater Kansas City Community Foundation | Housing & shelter | 2019 | $6,000 |
| Greater Horizons | Housing & shelter | 2018 | $7,800 |
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Data for Mt Carmel Redevelopment Corporation Inc (EIN 48-1160735) 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.