| Entity | Document Type | Tax ID |
|---|---|---|
| Mercy Corps | IRS Form 990 | 91-1148123 |
| Mercy Corps & Affiliates | Audited Consolidated Financial Statements | Multiple |
|
Entity: Mercy Corps Document Type: IRS Form 990 Tax ID: 91-1148123 |
|
Entity: Mercy Corps & Affiliates Document Type: Audited Consolidated Financial Statements Tax ID: Multiple |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Neal Keny-Guyer | CEO | $510,170 |
| 2 | Leesa Shrader | AgriFin Accelerate Program Director | $305,739 |
| 3 | Beth deHamel | CFO | $262,146 |
|
1 Name: Neal Keny-Guyer Title: CEO Compensation: $510,170 |
|
2 Name: Leesa Shrader Title: AgriFin Accelerate Program Director Compensation: $305,739 |
|
3 Name: Beth deHamel Title: CFO Compensation: $262,146 |
| CharityWatch's rating of Mercy Corps is based on its audited consolidated financial statements for the fiscal year-ended June 30, 2018. According to the Mercy Corps fiscal 2018 consolidated audit (Note 1(a), Business and Organization): "The consolidated financial statements include the accounts of Mercy Corps Global and its controlled affiliates or under common control affiliates. ... All material intercompany transactions and balances have been eliminated." The active consolidated affiliates are: (1) Asian Credit Public Fund; (2) Kompanion Development Institution; (3) Kompanion Bank Closed Joint Stock Company; (4) MC Nigeria LTD/GTE; (5) Mercy Corps China Holdings, LLC; (6) Mercy Corps Development Holdings, LLC; (7) Mercy Corps Europe; and (8) Mercy Corps India. |
| According to the Mercy Corps consolidated audit of June 30, 2018 (Note 12, Commitments and Contingencies) [$s in thousands, as noted]: "The Organization receives a substantial portion of its funding in the form of grants from government and multilateral agencies. These grants contain certain compliance and internal control requirements that, if violated, may result in the disallowance of certain costs incurred under the grant programs. Additionally, the Organization is involved in various legal proceedings and claims arising in the normal course of business. The Organization adjusts the contingent liabilities each year based on settlement of accrued amounts and potential liabilities that are reasonably likely and estimable. At June 30, 2018 and 2017, the Organization had total accrued contingent liabilities of $1,869 [thousand] and $2,282 [thousand], respectively... "While it is not possible to determine the ultimate liability, if any, in these matters at this time, in the opinion of management, such matters will not have a material adverse effect on the financial condition of the Organization in excess of the recorded contingent liability." |
| According to the Mercy Corps (MC) tax filing for the fiscal year ended June 30, 2018, MC reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III): Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, Line 7): "Mercy Corps evaluates the reasonableness of maximum variable compensation regardless of whether the maximum of the variable compensation amount is actually paid. Non fixed payment of a bonus was provided to [a] few employees of the organization based on compensation and performance reviewed. The bonus was determined based on performance in comparison to peer organizations and in context of the challenges faced by the organization during the year. Keny-Guyer, N $88,100, Centrella, J $10,000, Pont, A $5,000, Chow, E $500." The reported titles and total compensation amounts for calendar year 2017 for the individuals listed above are (IRS Form 990, Part VII and Schedule J, Part II): -- Keny-Guyer, N., Chief Executive Officer: $510,170 -- Centrella, J., Assistant Corp. Secretary: $232,642 -- Pont, A., Chief People Strategy & Learning Officer: $252,210 -- Chow, E., Assistant Corp. Secretary: $58,628 |
