EIN 93-1315010

Mercy Enterprise Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2001
Most recent tax filings
2018-03-01
Notice
This nonprofit is terminated or no longer active
Mercy Enterprise Corporation may be no longer active or terminated. Either the organization hasn't filed a Form 990 in many years and appears to no longer be active, or they marked in their most recent Form 990 that they have closed down.
Description
Mercy Enterprise Corporation provides comprehensive micro-enterprise development programs, and acts as a catalyst to build community integration, financial security and greater economic options for low income populations.
Related structure
Mercy Enterprise Corporation is a subordinate organization under Mercy Corps.
Also known as...
Mercy Corps Northwest
Total revenues
$1,903,136
2018
Total expenses
$2,089,742
2018
Total assets
$0
2018
Num. employees
0
2018

Program areas at Mercy Enterprise Corporation

Re-entry services is a comprehensive program of services helping incarcerated and formerly incarcerated individuals to reintegrate back into the community, and become positive factors in the lives of their families and neighborhoods. We also work at the policy level to advocate for systemic changes that promote these goals of successful re-entry, and seek a healthier, more secure community.
The State of Oregon provides funding, matched by HHS' Asset for Independence (AFI) Agency, to assist low-income individuals in creating and expanding their small businesses. The individuals save their own money, attend business training sessions, and have their savings augmented by the Oregon and AFI funding. The program works closely with the Training Program in facilitating the development of business skills. Many of these IDA clients ultimately convert to micro-loan clients, using their IDA asset purchase to collateralize their business loan.
Training and business development: Providing basic business training courses and extensive one on one business counseling and support. These training classes provide the core competencies needed to start or run a small business focusing on business basics, marketing, technology, credit management and finance. In addition to training refugees in farming operations, the farm program provides hands on experience in distribution and marketing of harvests. An SBA funded program facilitated teams of small businesses; women, minority and service disabled owned businesses to bid on larger federal contracting opportunities than had historically been within their competencies.
The micro-loan program provides needed capital and advisory assistance to qualified individuals in Washington and Oregon who are not yet positioned to obtain traditional bank financing. Loans provided are used both to start up local small businesses and also to take existing small businesses to better financial stability. The program works closely with the training program in facilitating the development of business skills.
Coordinate and manage all Oregon posted VISTA (Volunteers in Service to America) staff. These staff are posted across the State of Oregon to assist organizations servicing low-income populations.
Pilot project to create investment entity to allow low-income Portland residents an opportunity to grow personal net worth.

Who funds Mercy Enterprise Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Neighborhood PartnershipsCommunity Development$198,250

Personnel at Mercy Enterprise Corporation

NameTitleCompensation
Lynn RenkenExecutive Director
Edwin RiosDirector of Programs / Senior Loan Officer
Kristin EarhartFinance and Compliance Manager
Leigh ScheffeyCommunications and Marketing Manager / Communications + Marketing Manager
Olivia RasmussenBusiness Development Services Manager / Vista Program Manager
...and 14 more key personnel

Financials for Mercy Enterprise Corporation

RevenuesFYE 03/2018
Total grants, contributions, etc.$1,719,383
Program services$183,571
Investment income and dividends$182
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,903,136

Form 990s for Mercy Enterprise Corporation

Fiscal year endingDate received by IRSFormPDF link
2018-032019-08-12990View PDF
2017-062018-04-10990View PDF
2016-062017-08-10990View PDF
2015-062016-07-28990View PDF
2014-062015-06-26990View PDF
...and 4 more Form 990s

Organizations like Mercy Enterprise Corporation

OrganizationLocationRevenue
Community Development Transportation Lending ServicesWashington, DC$1,161,650
Greenwood Archer CapitalChicago, IL$4,464,531
Grow South Dakota / Northeast South Dakota Economic CorporationSisseton, SD$1,869,407
Access Plus CapitalFresno, CA$3,907,581
Thread CapitalRaleigh, NC$3,838,887
Flagship Enterprise CenterAnderson, IN$3,502,370
Piedmont Business CapitalGreensboro, NC$1,376,415
Leviticus 2523 Alternative FundTarrytown, NY$6,626,249
Northern Economic Initiatives CorporationMarquette, MI$3,668,012
First District Development CompanyWatertown, SD$495,328
Data update history
September 11, 2021
Received grants
Identified 1 new grant, including a grant for $198,250 from Neighborhood Partnerships
August 26, 2021
Updated personnel
Identified 4 new personnel
February 24, 2021
Posted financials
Added Form 990 for fiscal year 2018
November 27, 2020
Updated personnel
Identified 8 new personnel
February 25, 2020
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Business and community development organizationsChapter / child organizations
Issues
Economic developmentBusiness and industry
Characteristics
Receives government fundingNo full-time employeesTerminated
General information
Address
43 SW Naito
Portland, OR 97204
Metro area
Portland-Vancouver-Hillsboro, OR-WA
County
Multnomah County, OR
Website URL
nw.mercycorps.org/ 
Phone
(503) 896-5070
IRS details
EIN
93-1315010
Fiscal year end
March
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
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