Mercy Housing Lakefront
Mercy Housing Lakefront is a Denver, Colorado-based public charity that develops, finances, and operates affordable, program-enriched housing for families, seniors, and people with special needs who lack the resources to access safe, quality housing. The organization reports that it owns and operates 41 properties in Illinois, Wisconsin, and Indiana, serving more than 6,000 people annually.
Mercy Housing Lakefront at a glance
In short: Mercy Housing Lakefront gave $1.8M across 12 grants in 2024 (avg $150K), mostly in Colorado. 17% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,800,608
- -16.2% vs 2023
- Grants made (2024)
- 12
- -14.3% vs 2023
- Average grant
- $150,051
- -2.2% vs 2023
- Median grant
- $81,806
- Total assets
- $70,075,304
- -0.5% vs 2023
- New grantees (estimate)
- 17% first-time grantees (2 of 12, 2024; small sample)
- Primary geography
- Colorado (95% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Mercy Housing Lakefront
- Contact
Mailing address: 1600 Broadway Suite 2000, Denver, CO 80202
Phone: (303) 830-3300
Website: https://mercyhousing.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Mercy Housing Lakefront funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was 5042 Winthrop Apartments LP ($431K). Together the top 10 received $1.8M.
Grant Size Distribution
64 grants across all recorded years
The most common grant size was under $50K: 29 grants of 64 (45%).
Geographic Focus
Where this funder awards grants
The organization says it owns and operates properties in Illinois, Wisconsin, and Indiana, and its website describes affordable housing development in those states. In 2024, 95% of reported grant dollars went to recipients in Colorado and 5% to recipients in Illinois.
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
Cities
Is Mercy Housing Lakefront open to new grantees?
17%
first-time grantees, 2024
In 2024, 2 of 12 grantees (17%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $219K; repeat grants $136K. How we count
Medians: $219K first-time, $82K repeat.
- 83% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+13%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.6M (2021) to $2.1M (2023). In 2024 it made 12 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 5042 Winthrop Apartments LP Denver, CO | Low-Income Housing | $430,775 |
| Near North Limited Partnership Denver, CO | Low-Income Housing | $403,733 |
| 901 West 63RD LP (Englewood Apartments) Denver, CO | Low-Income Housing | $315,686 |
| 111TH and Wentworth Limited Partnership Denver, CO | Low-Income Housing | $204,461 |
| South Loop Apartments Denver, CO | Low-Income Housing | $202,147 |
| Wicker Park Renaissance Chicago, IL | Low-Income Housing | $92,904 |
| Roseland Limited Partnership Denver, CO | Low-Income Housing | $70,707 |
| Johnston Center Re-Use LLC Denver, CO | Low-Income Housing | $35,244 |
| Malden Limited Partnership II Denver, CO | Low-Income Housing | $15,757 |
| New Sterling Park LLC Denver, CO | Low-Income Housing | $13,600 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $70,075,304 | $28,035,262 | $17,369,928 | $1,800,608 | 12 | $15,690,359 |
| 2023 | $70,422,506 | $12,906,443 | $23,523,823 | $2,147,907 | 14 | — |
| 2022 | $47,257,188 | $19,717,575 | $20,491,761 | $1,622,200 | 10 | — |
| 2021 | $45,086,430 | $37,545,157 | $25,594,932 | $1,593,303 | 12 | — |
| 2020 | $37,938,296 | $27,061,671 | $20,171,258 | $1,614,127 | 16 | — |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
Mercy Housing Lakefront’s stated mission is to facilitate affordable housing for families, seniors, people with special needs, and homeless or potentially homeless individuals who lack the financial resources to obtain quality, safe housing. It also provides free resident programs and services intended to improve residents’ lives and their communities.
Its filing describes resident services in education, community, health and wellness, and economic stability. Examples include after-school programs, GED and English courses, employment initiatives, and homeownership seminars. Its housing work includes acquiring sites, financing and managing the construction or rehabilitation of affordable multifamily rental properties and single-family homes, and managing affordable housing assets.
The organization’s website describes development activity in Illinois, Indiana, and Wisconsin and says it collaborates with public and private partners. One grantee, Renaissance Social Services Inc., describes its own mission as connecting people in need with safe, quality, affordable housing and providing flexible, client-focused case management to help them live independently.
Grantmaking
In filing year 2024, Mercy Housing Lakefront reported 12 grants totaling $1,800,608. The grants ranged from $7,651 to $430,775, with a median of $81,806. All 12 listed grants were for low-income housing. The filing states that most grant expense represents contributions to affiliated organizations, passed along in accordance with donor restrictions.
The largest listed grants were $430,775 to 5042 Winthrop Apartments LP, $403,733 to Near North Limited Partnership, and $315,686 to 901 West 63rd LP (Englewood Apartments). Each was designated for low-income housing. Renaissance Social Services Inc. reported receiving $92,904 in 2024; it describes its work as connecting people with affordable housing and providing supportive case management.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mark Angelini as president; Melissa Clayton, Edgar Flagg III, Kassidi Boeing, and Fatmah Farraj as vice presidents; Joe Rosenblum as secretary; and Chad Payne as treasurer. It also lists Phil Ashton as board chair, Phillip DeSalvo as board vice chair, and Steve Thomas as board treasurer.
Mercy Housing Lakefront is led by Mark Angelini, President on every filing since 2020; none of the 25 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark Angelini
President
On filings since 2020
0.1 hrs/week
No compensation reported
Phil Ashton
Board Chair
Director → Board Chair, 2024
On filings since 2020
0.1 hrs/week
No compensation reported
Desire' Hunter
Director
On filings since 2021
0.1 hrs/week
No compensation reported
George Adams
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Henry Crumpton
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Jon D. Stolz
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Krishna Ramachandran
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Lindsey Artola
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Mary Fishman
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Pamela A. Sharar-Stoppel
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Monica Marton
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Ritu Vig
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Teresa Maltby Rsm Dmn
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Tifair Hamed
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Chester Bell Jr.
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Alex Dadakis
Director
New on the 2024 filing
0.1 hrs/week
No compensation reported
Fatmah Farraj
Vice President
On filings since 2020
0.1 hrs/week
No compensation reported
Joe Rosenblum
Secretary
On filings since 2020
0.1 hrs/week
No compensation reported
Melissa Clayton
Vice President
On filings since 2020
0.1 hrs/week
No compensation reported
Esther Macchione
Board Secretary
Director → Board Secretary, 2024
On filings since 2021
0.1 hrs/week
No compensation reported
Phillip Desalvo
Board Vice Chair
Director → Board Vice Chair, 2024
On filings since 2021
0.1 hrs/week
No compensation reported
Steve Thomas
Board Treasurer
Director → Board Treasurer, 2024
On filings since 2021
0.1 hrs/week
No compensation reported
Chad Payne
Treasurer
On filings since 2022
0.1 hrs/week
No compensation reported
Edgar Flagg III
Vice President
On filings since 2022
0.1 hrs/week
No compensation reported
Kassidi Boeing
Vice President
New on the 2024 filing
0.1 hrs/week
No compensation reported
Former officers (12)
- Former: Bruce Saab (2020–2023) — Vice President
- Former: Charles B. Lewis (2020–2022) — Director
- Former: John Neuberger (2020–2022) — Director
- Former: Andrew Crouch (2021–2022) — Director
- Former: Joellen McCarthy Bvm (2022) — Director
- Former: Steve Spears (2020–2021) — Treasurer
- Former: Joellen McCarthy (2021) — Director
- Former: Rita Vig (2021) — Director
- Former: Thomas P. Gates (2021) — Director
- Former: Vince McBrien (2021) — Director
- Former: Crumpton Henry (2020) — Director
- Former: Matt Gambs (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mercy Housing Lakefront
How much does Mercy Housing Lakefront give each year?
Mercy Housing Lakefront gave $1.8M across 12 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.1M across 14 grants.
What is Mercy Housing Lakefront's typical grant size?
Mercy Housing Lakefront's median grant in 2024 was $81,806, and its average grant was $150,051, across 12 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Mercy Housing Lakefront that year got $219K on average.
Where does Mercy Housing Lakefront give grants?
Mercy Housing Lakefront gives mostly in Colorado: 95% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Illinois (5%). The most frequent recipient cities were Denver, CO (11 grants).
Does Mercy Housing Lakefront give general operating support?
Not in 2024: none of the 12 grants with a stated purpose on Mercy Housing Lakefront's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Low-Income Housing" (12 grants).
Who are Mercy Housing Lakefront's largest grantees?
Mercy Housing Lakefront's largest 2024 grantees include 5042 Winthrop Apartments LP ($430,775), Near North Limited Partnership ($403,733) and 901 West 63RD LP (Englewood Apartments) ($315,686), according to its 2024 IRS Form 990. Together they received 64% of its itemized 2024 grant dollars.
How large is Mercy Housing Lakefront?
Mercy Housing Lakefront reported $70.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $28.0M.
What does Mercy Housing Lakefront fund?
Mercy Housing Lakefront’s stated mission is to facilitate affordable housing for families, seniors, people with special needs, and homeless or potentially homeless individuals who lack the financial resources to obtain quality, safe housing. See mission & focus areas ↑
How do I apply for a grant from Mercy Housing Lakefront?
Mercy Housing Lakefront has no public application process in the sources Grantable reviewed. Check mercyhousing.org for current guidelines, or contact the foundation directly before submitting a request.
What is Mercy Housing Lakefront's EIN?
Mercy Housing Lakefront's EIN (Employer Identification Number) is 36-3453183. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 29, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 7, 2023)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 4, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Mercy Housing Lakefront funds
Housing & Shelter Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Mercy Housing Lakefront's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Mercy Housing Lakefront funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/mercy-housing-lakefront-morg_61c079478b604123a10e22d937d45112
BibTeX
@misc{grantable_363453183_2026,
author = {{Grantable}},
title = {{Mercy Housing Lakefront funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mercy-housing-lakefront-morg_61c079478b604123a10e22d937d45112},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Mercy Housing Lakefront's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Mercy Housing Lakefront down — hundreds of funders to go?