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Nonprofiteer
← MERCY HOME FOR CHILDREN

Form 990 for tax year 2024

Filed by MERCY HOME FOR CHILDREN.

Totals

Total revenue
$24,836,558
Total expenses
$23,781,628
Contributions and grants received
$662,117
Grants paid
$0
Program service revenue
$23,118,326
Investment income
$1,097,675
Other revenue
-$41,560
Total assets, end of year
$29,996,176
Total liabilities, end of year
$11,277,175
Net assets or fund balances, end of year
$18,719,001
Program services expenses (Part IX)
$21,058,125
Management and general expenses
$2,465,512
Fundraising expenses
$257,991
Program service expenses (Part III)
$21,058,125

Program services were 88.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $70,077

  • 1d · Related organizations

    $40,000

  • 1f · All other contributions, gifts and grants

    $552,040

  • 2a · Program service revenue: INDIVIDUAL RESIDENT ALTERNATIVES

    total $11,443,297 · related or exempt $11,443,297

  • 2b · Program service revenue: INTERMEDIATE CARE FACILITIES

    total $11,009,123 · related or exempt $11,009,123

  • 2c · Program service revenue: DAY HABILITATION

    total $447,556 · related or exempt $447,556

  • 2d · Program service revenue: SATURDAY RESPITE PROGRAM

    total $218,350 · related or exempt $218,350

  • 3 · Investment income

    total $521,106 · excluded $521,106

  • 7a · Gross sales of assets other than inventory

    securities $9,560,378

  • 7b · Less cost or other basis and sales expenses

    securities $8,983,809

  • 7c · Gain or loss

    securities $576,569

  • 7d · Net gain or loss

    total $576,569 · excluded $576,569

  • 8a · Fundraising events: gross income

    $85,408

  • 8a · Fundraising events: contributions included on line 1c

    $70,077

  • 8b · Fundraising events: direct expenses

    $127,175

  • 8c · Net income from fundraising events

    total -$41,767 · excluded -$41,767

  • 11a · Other revenue: OTHER INCOME

    total $207 · excluded $207

  • 11e · Other revenue, total

    $207

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $294,888 · management and general $294,888

  • 7 · Other salaries and wages

    total $11,036,106 · program services $10,110,476 · management and general $752,040 · fundraising $173,590

  • 8 · Pension plan contributions

    total $933,936 · program services $884,735 · management and general $39,702 · fundraising $9,499

  • 9 · Other employee benefits

    total $3,070,140 · program services $2,940,460 · management and general $104,946 · fundraising $24,734

  • 10 · Payroll taxes

    total $1,163,673 · program services $1,043,037 · management and general $102,728 · fundraising $17,908

  • 11b · Fees: legal

    total $136,585 · management and general $136,585

  • 11c · Fees: accounting

    total $95,235 · management and general $95,235

  • 11d · Fees: lobbying

    total $910 · program services $910

  • 11f · Fees: investment management

    total $127,196 · management and general $127,196

  • 11g · Fees: other

    total $1,759,933 · program services $1,640,112 · management and general $119,821

  • 13 · Office expenses

    total $519,815 · program services $232,187 · management and general $271,293 · fundraising $16,335

  • 16 · Occupancy

    total $1,334,292 · program services $1,145,410 · management and general $188,882

  • 17 · Travel

    total $108,808 · program services $90,613 · management and general $17,983 · fundraising $212

  • 20 · Interest

    total $112,525 · program services $103,605 · management and general $8,920

  • 22 · Depreciation, depletion and amortization

    total $349,133 · program services $343,839 · management and general $5,294

  • 23 · Insurance

    total $746,978 · program services $681,073 · management and general $62,916 · fundraising $2,989

  • 24a · Other expenses: MEDICAID FACILITY ASSES

    total $574,376 · program services $574,376

  • 24b · Other expenses: MAINTENANCE AND REPAIRS

    total $448,897 · program services $400,416 · management and general $48,481

  • 24c · Other expenses: FOOD

    total $416,622 · program services $416,434 · fundraising $188

  • 24d · Other expenses: MEDICAL/HOUSEHOLD SUPPL

    total $188,960 · program services $188,890 · fundraising $70

  • 24e · All other expenses

    total $362,620 · program services $261,552 · management and general $88,602 · fundraising $12,466

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,394,095 · end of year $1,324,740

  • 2 · Savings and temporary cash investments

    beginning of year $897,646 · end of year $909,948

  • 4 · Accounts receivable

    beginning of year $2,440,244 · end of year $3,327,947

  • 9 · Prepaid expenses and deferred charges

    beginning of year $154,807 · end of year $157,690

  • 10a · Land, buildings and equipment: cost or other basis

    $14,416,944

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,064,335

  • 10c · Land, buildings and equipment, net

    beginning of year $5,593,851 · end of year $5,352,609

  • 11 · Investments: publicly traded securities

    beginning of year $16,157,600 · end of year $15,937,157

  • 15 · Other assets

    beginning of year $3,540,573 · end of year $2,986,085

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,283,969 · end of year $2,392,709

  • 19 · Deferred revenue

    beginning of year $2,504,723 · end of year $2,198,415

  • 20 · Tax-exempt bond liabilities

    beginning of year $2,463,405 · end of year $2,361,054

  • 21 · Escrow or custodial account liability

    beginning of year $355,826 · end of year $401,778

  • 23 · Secured mortgages and notes payable

    beginning of year $1,912,548 · end of year $150,951

  • 25 · Other liabilities

    beginning of year $4,348,089 · end of year $3,772,268

  • 27 · Net assets without donor restrictions

    beginning of year $16,996,128 · end of year $18,497,128

  • 28 · Net assets with donor restrictions

    beginning of year $314,128 · end of year $221,873

Mission and programs · 2024

Mission

MERCY HOME PROVIDES ESSENTIAL SERVICES FOR CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES. MERCY HOME'S MISSION IS TO ENSURE THE QUALITY OF LIFE FOR PERSONS WITH DEVELOPMENTAL DISABILITIES THROUGH THE RECOGNITION OF EACH PERSON'S INHERENT DIGNITY AND RIGHT TO A LIFE FILLED WITH LEARNING AND LOVE. OUR MISSION IS FULFILLED IN PRACTICE THROUGH OUR CORE VALUES: RESPECT, TRUST, TEAMWORK, CARE, AND COMPASSION.

  • MERCY HOME OPERATES 9 INDIVIDUALIZED RESIDENTIAL ALTERNATIVES (IRA) FOR INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. THESE FAMILY-STYLE HOMES PROVIDE 24-HOUR STAFF SUPPORT AND SUPERVISION AND OFFER RESOURCES TO HELP THEM DEVELOP SKILLS THEY NEED TO LIVE AS INDEPENDENTLY AS POSSIBLE. EACH PERSON HAS CREATIVE CHOICES IN ACTIVITIES AND ENJOY LEARNING ABOUT THINGS THAT THEY ARE INTERESTED IN. RESIDENTS ENJOY CULTURAL ACTIVITIES THROUGHOUT NEW YORK CITY. THESE HOMES HAVE AN AGGREGATE CAPACITY TO SERVE 60 PEOPLE. DURING FISCAL YEAR END 2025, THE IRA SERVED APPROXIMATELY 59 INDIVIDUALS.

    Expenses $10,623,965 · Revenue $11,443,297

  • DURING THE YEAR ENDED JUNE 30, 2025, MERCY HOME PROVIDED RESIDENTIAL SERVICES AND SUPPORT FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. MERCY HOME OPERATES 4 INTERMEDIATE CARE FACILITIES (ICF) WHICH PROVIDE 24-HOUR STAFFING SUPPORT, INCLUDING CLINICAL AND DIRECT SUPPORT SERVICES. RESIDENTS ENJOY LEARNING SKILLS THAT FOSTER INDEPENDENCE. THEY PARTICIPATE IN RECREATIONAL AND CULTURAL ACTIVITIES THROUGHOUT BROOKLYN, QUEENS AND LONG ISLAND. OUR HOMES HAVE AN AGGREGATE CAPACITY TO SERVE A TOTAL OF 48 INDIVIDUALS AT A TIME. DURING FISCAL YEAR END 2025, THE ICFS PROVIDED A HOME TO 46 INDIVIDUALS.

    Expenses $9,773,668 · Revenue $11,009,123

  • MERCY HOME'S RESPITE AND COMMUNITY HABILITATION PROGRAMS SERVED 35 PEOPLE WITH AUTISM SPECTRUM DISORDER AND OTHER DEVELOPMENTAL DISABILITIES. THE PROGRAM COUNSELORS GUIDE THE PROGRAM THAT OFFERS A VARIETY OF ACTIVITIES FOCUSED ON RECREATION, COMMUNITY INCLUSION, THERAPEUTIC GROWTH, AND SKILL BUILDING. PARTICIPANTS VISIT LOCAL CAFES AND RESTAURANTS, MUSEUMS, LIBRARIES, AND PARKS.

    Expenses $259,914 · Revenue $218,350

  • MERCY HOME OPERATES DAY HABILITATION, CREATIVE ART AND PLANT AND GIVING PROGRAMS SUPPORTING OVER 140 INDIVIDUALS WITH INTELLECTUAL DISABILITIES. THE INDIVIDUALS PARTICIPATE IN ART, MUSIC, DRAMA, HORTICULTURAL AND YOGA THERAPY GUIDED BY A LICENSED THERAPIST. THE PROGRAMS ARE DESIGNED TO HELP THE INDIVIDUALS MANAGE THEIR EMOTIONS, SOCIALIZE AND GAIN SKILLS THAT ENCOURAGE INDEPENDENCE.

    Expenses $400,578 · Revenue $447,556

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ANTHONY J SIMEONE

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • FRANK FELLONE III

    VICE BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RICKY JAIN CPA

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • SR FRANCES PICONE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • SR THERESA AGLIARDI RSM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAHLIA SAAD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • FATHER THOMAS AHERN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SR MARGARET DEMPSEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SR LINDA ESPOSITO RSM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LISA P GOLDSTEIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RAYMOND QUAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • VINCENT SIASOCO MD MBA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOHNNY ALEXANDER DC

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DONNA T WHITEFORD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • OLIVIA D'ARIENZO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JANICE ARIS

    EXECUTIVE DIRECTOR

    Total calculated
    $275,550
    From this org
    $226,522
    From related orgs
    $0
    Other
    $49,028
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $226,522
    Bonus
    $0
    Other
    $0
    Deferred
    $13,200
    Nontaxable benefits
    $35,828
    Filer's total
    $275,550

  • MAVERLY DENNIS

    VP OF NURSING

    Total calculated
    $182,390
    From this org
    $160,394
    From related orgs
    $0
    Other
    $21,996
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $160,394
    Bonus
    $0
    Other
    $0
    Deferred
    $9,734
    Nontaxable benefits
    $12,262
    Filer's total
    $182,390

  • TISHA JONES

    EVP OF OPERATIONS

    Total calculated
    $166,634
    From this org
    $140,111
    From related orgs
    $0
    Other
    $26,523
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $140,111
    Bonus
    $0
    Other
    $0
    Deferred
    $9,000
    Nontaxable benefits
    $17,523
    Filer's total
    $166,634

  • MICHELLE JENKINS

    DIRECTOR OF HUMAN RESOURCES

    Total calculated
    $125,230
    From this org
    $107,465
    From related orgs
    $0
    Other
    $17,765
    Hours/week
    35

  • DORETH EDWARDS

    CHIEF COMPLIANCE OFFICER

    Total calculated
    $132,648
    From this org
    $115,568
    From related orgs
    $0
    Other
    $17,080
    Hours/week
    35

  • JAMAL WILLIAMS

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $116,599
    From this org
    $106,783
    From related orgs
    $0
    Other
    $9,816
    Hours/week
    35

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 April 2026
IRS schema version
2024v5.5
Source object
202601129349301600

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