Mercy Housing Inc logo

Mercy Housing Inc

Foundation · Grantmaker Denver, CO EIN: 47-0646706 Website

THE MISSION OF MERCY HOUSING, INC. IS TO MANAGE OR DIRECT ENTITIES WHICH ARE ORGANIZED FOR THE PURPOSE OF CREATING STABLE, VIBRANT AND HEALTH COMMUNITIES BY DEVELOPING, FINANCING, AND OPERATING AFFORDABLE, PROGRAM-ENRICHED HOUSING FOR FAMILIES, SENIORS, AND PEOPLE WITH SPECIAL NEEDS WHO LACK THE ECONOMIC RESOURCES TO ACCESS QUALITY, SAFE HOUSING OPPORTUNITIES.

Key facts about Mercy Housing Inc

EIN
47-0646706
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$5,746,488
Grants made (2024)
15
Average grant
$383,099
Median grant
$112,500
New grantees (estimate)
40% first-time grantees (6 of 15, 2024)
Total assets
$502,726,015
Primary geography
Colorado (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Mercy Housing Inc funds

By grant dollars, the top recipient states for Mercy Housing Inc's 15 itemized 2024 grants were Colorado (100%). The most frequent recipient cities were Denver, CO (14 grants). None of its 15 grants with a stated purpose were described as general or operating support. Recurring purposes include "Low-Income Housing" (15 grants).

Is Mercy Housing Inc open to new grantees?

40%

first-time grantees, 2024

In 2024, 6 of 15 grantees (40%) were first-time recipients. First grants averaged $159K; repeat grants $533K. How we count

Medians: $89K first-time, $123K repeat.

  • 60% of 2024 grantees were also funded in 2023. Method
  • Giving grew 69% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Mercy Housing Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$502.7M

+11.4% YoY

Annual Giving

$5.7M

+56.2% YoY

Grant Count

15

+50.0% YoY

Avg Grant Size

$383K

+4.1% YoY

About Mercy Housing Inc

Based on IRS filings

Mercy Housing Inc is a nonprofit organization focused on Housing & Shelter, based in Denver, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $502.7M in total assets. In 2024, it awarded 15 grants totaling $5.7M. Net investment income was $297K.

Focus Areas

Your AI grants department

Ready to take the next step with Mercy Housing Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 15 itemized 2024 grant dollars.

Cities

DenverFultonAtlantaChicagoOmahaSan FranciscoFishersPacificaRedlandsWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28M$55M$83M$111M20202021202220232024
Metric202420232022
Total Assets$502,726,015$451,397,015$156,167,253
Revenue$46,466,606$100,477,161$38,598,550
Expenses$47,861,327$57,455,577$31,181,662
Qualifying Distributions———
Net Investment Income$296,525$-7,841,718$1,378,387
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M8 grants202020 grants202129 grants202210 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Mercy Housing Northwest: $3.1MMercy Housing Northwest$3.1MMercy Housing Mountain Plains: $925KMercy Housing Mountain Plains$925KMercy Housing Colorado VI Ltd: $367KMercy Housing Colorado VI Ltd$367KDecatur Place: $332KDecatur Place$332KMercy Housing California: $278KMercy Housing California$278KMercy Housing Lakefront: $189KMercy Housing Lakefront$189K111TH and Wentworth Apartments Corp: $123K111TH and Wentworth ApartmentsCorp$123KMercy Community Capital: $113KMercy Community Capital$113KMercy Housing Southeast: $104KMercy Housing Southeast$104K5042 Winthrop Apartments LP: $68K5042 Winthrop Apartments LP$68K

Grant Size Distribution

82 grants across all recorded years

24<$50K13$50–100K20$100–250K20$250–500K3$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Mercy Housing Northwest ($3,081,250), Mercy Housing Mountain Plains ($925,385), Mercy Housing Colorado VI Ltd ($366,631).

RecipientPurposeAmount
MERCY HOUSING NORTHWEST Denver, COLOW-INCOME HOUSING$3,081,250
MERCY HOUSING MOUNTAIN PLAINS Denver, COLOW-INCOME HOUSING$925,385
MERCY HOUSING COLORADO VI LTD Denver, COLOW-INCOME HOUSING$366,631
DECATUR PLACE Denver, COLOW-INCOME HOUSING$332,220
MERCY HOUSING CALIFORNIA Denver, COLOW-INCOME HOUSING$277,704
MERCY HOUSING LAKEFRONT Denver, COLOW-INCOME HOUSING$188,825
111TH AND WENTWORTH APARTMENTS CORP Denver, COLOW-INCOME HOUSING$123,495
MERCY COMMUNITY CAPITAL Denver, COLOW-INCOME HOUSING$112,500
MERCY HOUSING SOUTHEAST Denver, COLOW-INCOME HOUSING$103,636
5042 WINTHROP APARTMENTS LP Denver, COLOW-INCOME HOUSING$67,695

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Ismael Guerrero — President: $496KIsmael GuerreroPresident$496KDebra Walsh — Executive Vice President: $361KDebra WalshExecutive Vice President$361KAngela Bruno — Senior Vice President/CFO: $352KAngela BrunoSenior Vice President/CFO$352KDoug Shoemaker — Vice President: $296KDoug ShoemakerVice President$296KParag Gupta — Senior Vice President/Cpo: $291KParag GuptaSenior Vice President/Cpo$291KConstance Rule — Senior Vice President/CSP: $280KConstance RuleSenior Vice President/CSP$280KMelissa Clayton — Senior Vice President: $273KMelissa ClaytonSenior Vice President$273KEdward Holder — VP, Real Estate Develop: $265KEdward HolderVP, Real Estate Develop$265KShelly Marquez — Senior Vice President: $255KShelly MarquezSenior Vice President$255KMark Angelini — Senior Vice President: $252KMark AngeliniSenior Vice President$252KJoseph Thompson — Senior Vice President: $252KJoseph ThompsonSenior Vice President$252KJames Alexander — Senior Vice President: $249KJames AlexanderSenior Vice President$249KJanice Turner — Vice President: $241KJanice TurnerVice President$241KLillian Lew-Hailer — Reg VP Ops: $237KLillian Lew-HailerReg VP Ops$237KRamie Dare — Dir, Real Estate Dev-Reg: $236KRamie DareDir, Real Estate Dev-Reg$236KJoe Rosenblum — Secretary: $233KJoe RosenblumSecretary$233KJohn Felix — Senior Vice President: $216KJohn FelixSenior Vice President$216KJohn Marcolina — Vice President: $208KJohn MarcolinaVice President$208KStefanie Joy — SVP, Pres Mercy Comm Cap: $207KStefanie JoySVP, Pres Mercy Comm Cap$207KJaya Johnson — Vice President: $205KJaya JohnsonVice President$205KKate Peterson — Senior Vice President: $204KKate PetersonSenior Vice President$204KElizabeth Kuwada — Dir, Real Estate Dev-Reg: $204KElizabeth KuwadaDir, Real Estate Dev-Reg$204KChad Payne — Treasurer: $202KChad PayneTreasurer$202KWeb Brown — Senior Vice President: $195KWeb BrownSenior Vice President$195K

From 2024 IRS filing

NameTitleHoursCompensation
Barbara BuschDirector1—
Barbara KelleyDirector1—
Charlie FrancisDirector1—
David JacksonDirector1—
Joanne BertgesDirector1—
John PowellDirector1—
Katherine Aguilar PerezDirector1—
Patricia Cochran BergmanDirector1—
Patricia EckDirector1—
Paul Gustav NeumannDirector1—
Sam RossChair1—
Sister Diane HejnaDirector1—
Sister Jane GeretyDirector1—
Tom ByersDirector1—
Yvonne CamachoDirector1—
Angela BrunoSenior Vice President/CFO40$351,839
Chad PayneTreasurer40$201,515
Cheryll O'BryanVice President (Outgoing)1—
Constance RuleSenior Vice President/CSP40$280,430
Debra WalshExecutive Vice President40$360,688
Doug ShoemakerVice President40$295,887
Ismael GuerreroPresident40$495,887
James AlexanderSenior Vice President40$248,678
Janice TurnerVice President40$241,033
Jaya JohnsonVice President40$204,694
Joe RosenblumSecretary40$232,582
John FelixSenior Vice President40$216,265
John MarcolinaVice President40$208,445
Joseph ThompsonSenior Vice President40$251,757
Kate PetersonSenior Vice President40$204,368
Mark AngeliniSenior Vice President40$252,403
Melissa ClaytonSenior Vice President40$273,011
Parag GuptaSenior Vice President/Cpo40$290,654
Shelly MarquezSenior Vice President40$254,635
Web BrownSenior Vice President40$195,189
Edward HolderVP, Real Estate Develop40$264,789
Elizabeth KuwadaDir, Real Estate Dev-Reg40$204,128
Lillian Lew-HailerReg VP Ops40$237,092
Ramie DareDir, Real Estate Dev-Reg40$236,287
Stefanie JoySVP, Pres Mercy Comm Cap40$206,756

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mercy Housing Inc?

Mercy Housing Inc is a nonprofit organization focused on Housing & Shelter, based in Denver, CO. It holds $502.7M in total assets as of 2024.

How large is Mercy Housing Inc?

As of 2024, Mercy Housing Inc holds $502.7M in total assets with $46.5M in annual revenue. It awarded 15 grants totaling $5.7M in 2024.

Where does Mercy Housing Inc operate?

Mercy Housing Inc has awarded grants in California, Colorado, District of Columbia, Georgia, Illinois, Indiana, Nebraska.

What size grants does Mercy Housing Inc award?

In 2024, Mercy Housing Inc awarded 15 grants totaling $5.7M — an average of about $383K per grant, based on its IRS Form 990 filings.

What is Mercy Housing Inc's EIN?

Mercy Housing Inc's EIN (Employer Identification Number) is 47-0646706. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Mercy Housing Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in Colorado

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Mercy Housing Inc by hand.