THE ORGANIZATION OWNS AND OPERATES A 180-UNIT APARTMENT PROJECT KNOWN AS TIMBER CREEK APARTMENTS, LOCATED IN OMAHA, NEBRASKA THAT PROVIDES HOUSING, EDUCATION AND SUPPORT SERVICES TO LOW-INCOME PERSONS. ON MARCH 9, 2023, THE COMPANY SOLD MERCY TIMBERCREEK LLC TO MHMP 18 TIMBERCREEK APARTMENTS, LP, A NEBRASKA LIMITED PARTNERSHIP, AN AFFILIATE OF THE COMPANY.
Executive compensation
Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Colorado.
| Position | Total |
|---|---|
Vice President 25th percentile to median | $34k $38k |
Vice President/director 25th percentile to median | $34k $37k |
Vice President/director 25th percentile to median | $29k $31k |
President/director 25th percentile to median | $25k $28k |
Vice President Below 10th percentile | $23k $25k |
Vice President/director (until 10/23) 10th to 25th percentile | $13k $15k |
Secretary Secretary (Operational) 10th to 25th percentilevs Housing & Shelter peers nationwide | $10k $11k |
Vice President Below 10th percentile | $10k $11k |
Treasurer 10th to 25th percentile | $8k $9k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2023, the highest total compensation at MERCY BOND PROPERTIES NEBRASKA I equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MERCY BOND PROPERTIES NEBRASKA I
What does the Vice President of MERCY BOND PROPERTIES NEBRASKA I earn?
In 2023, the Vice President of MERCY BOND PROPERTIES NEBRASKA I received $34,402 in total compensation. This pay is below the median (the midpoint) for Vice President roles among Housing & Shelter organizations in Colorado, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Vice President pay at MERCY BOND PROPERTIES NEBRASKA I compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Colorado, the 2023 pay of the Vice President at MERCY BOND PROPERTIES NEBRASKA I falls between the 25th percentile and the median. In 2023, the highest total compensation at MERCY BOND PROPERTIES NEBRASKA I equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are MERCY BOND PROPERTIES NEBRASKA I's revenue and expenses?
In 2023, MERCY BOND PROPERTIES NEBRASKA I reported $325k in total revenue and $1M in total expenses on its IRS Form 990.
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