Totals
- Total revenue
- $3,343,211
- Total expenses
- $3,089,989
- Contributions and grants received
- $1,049,282
- Grants paid
- $0
- Program service revenue
- $2,256,921
- Investment income
- $68,897
- Other revenue
- -$31,889
- Total assets, end of year
- $17,208,677
- Total liabilities, end of year
- $6,411,141
- Net assets or fund balances, end of year
- $10,797,536
- Program services expenses (Part IX)
- $2,756,019
- Management and general expenses
- $182,608
- Fundraising expenses
- $151,362
- Program service expenses (Part III)
- $2,756,019
Program services were 89.2% 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
$175,454
-
1e · Government grants (contributions)
$540,419
-
1f · All other contributions, gifts and grants
$333,409
-
1g · Noncash contributions included above
$20,765
-
2a · Program service revenue: RENTAL INCOME
total $1,172,045 · related or exempt $1,172,045
-
2b · Program service revenue: COUNTY SUBSIDIES
total $1,084,876 · related or exempt $1,084,876
-
3 · Investment income
total $19,098 · excluded $19,098
-
7a · Gross sales of assets other than inventory
securities $4,104,712
-
7b · Less cost or other basis and sales expenses
securities $4,039,576 · other assets $15,337
-
7c · Gain or loss
securities $65,136 · other assets -$15,337
-
7d · Net gain or loss
total $49,799 · excluded $49,799
-
8a · Fundraising events: gross income
$3,993
-
8a · Fundraising events: contributions included on line 1c
$175,454
-
8b · Fundraising events: direct expenses
$35,882
-
8c · Net income from fundraising events
total -$31,889 · excluded -$31,889
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $147,423 · program services $61,918 · management and general $48,649 · fundraising $36,856
-
7 · Other salaries and wages
total $795,685 · program services $737,907 · management and general $44,249 · fundraising $13,529
-
8 · Pension plan contributions
total $56,925 · program services $50,489 · management and general $4,411 · fundraising $2,025
-
9 · Other employee benefits
total $108,506 · program services $96,239 · management and general $8,408 · fundraising $3,859
-
10 · Payroll taxes
total $71,459 · program services $63,380 · management and general $5,537 · fundraising $2,542
-
11c · Fees: accounting
total $48,866 · management and general $48,866
-
11e · Fees: professional fundraising services
total $72,000 · fundraising $72,000
-
13 · Office expenses
total $67,523 · program services $59,889 · management and general $5,232 · fundraising $2,402
-
16 · Occupancy
total $864,400 · program services $847,480 · management and general $11,598 · fundraising $5,322
-
17 · Travel
total $19,214 · program services $17,042 · management and general $1,489 · fundraising $683
-
22 · Depreciation, depletion and amortization
total $658,120 · program services $658,120
-
24a · Other expenses: TELEPHONE
total $65,037 · program services $62,921 · management and general $1,450 · fundraising $666
-
24b · Other expenses: BAD DEBT
total $45,493 · program services $45,493
-
24c · Other expenses: PUBLIC EDUCATION MATERI
total $15,389 · program services $15,389
-
24d · Other expenses: TENANT COUNCIL
total $13,760 · program services $13,760
-
24e · All other expenses
total $40,189 · program services $25,992 · management and general $2,719 · fundraising $11,478
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $879,162 · end of year $1,690,554
-
2 · Savings and temporary cash investments
beginning of year $238,068 · end of year $919,635
-
4 · Accounts receivable
beginning of year $78,456 · end of year $78,052
-
9 · Prepaid expenses and deferred charges
beginning of year $1,486 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$21,423,696
-
10b · Land, buildings and equipment: accumulated depreciation
$7,134,104
-
10c · Land, buildings and equipment, net
beginning of year $14,259,226 · end of year $14,289,592
-
11 · Investments: publicly traded securities
beginning of year $926,309 · end of year $0
-
13 · Investments: program-related
beginning of year $195,285 · end of year $206,729
-
15 · Other assets
beginning of year $235,799 · end of year $24,115
-
17 · Accounts payable and accrued expenses
beginning of year $64,273 · end of year $51,271
-
21 · Escrow or custodial account liability
beginning of year $100,649 · end of year $105,276
-
23 · Secured mortgages and notes payable
beginning of year $5,439,310 · end of year $5,678,475
-
24 · Unsecured notes and loans payable
beginning of year $442,400 · end of year $442,400
-
25 · Other liabilities
beginning of year $222,835 · end of year $133,719
-
27 · Net assets without donor restrictions
beginning of year $10,544,324 · end of year $10,797,536
Mission and programs · 2023
Mission
HOUSING UNLIMITED, INC. IS A NON-PROFIT DEDICATED TO PROVIDING AFFORDABLE, PERMANENT HOUSING OPPORTUNITIES AND INDEPENDENT LIVING FOR ADULTS IN MENTAL HEALTH RECOVERY.
Activities or mission (Part I)
TO ADDRESS THE HOUSING CRISIS FOR ADULTS IN MENTAL HEALTH RECOVERY IN MONTGOMERY COUNTY, MD.
-
RESIDENTIAL HOUSING - HOUSING UNLIMITED, INC. PROVIDES AFFORDABLE PERMANENT HOUSING FOR PEOPLE IN MENTAL HEALTH RECOVERY IN MONTGOMERY COUNTY, MARYLAND. THE ORGANIZATION PURCHASES HOMES, PRIMARILY TOWNHOMES AND CONDOS, AND SERVES AS THE LANDLORD FOR ADULTS IN RECOVERY. INDEPENDENT, PERMANENT, AND AFFORDABLE HOUSING IS AVAILABLE TO EXTREMELY LOW-INCOME ADULTS. TWO HUNDRED AND FORTY-SEVEN (247) TENANTS CAN RESIDE IN HOUSING UNLIMITED'S 90 SHARED HOMES. SEE ALSO SCHEDULE O.
Expenses $2,720,429 · Revenue $2,256,921
-
PUBLIC EDUCATION - THE ORGANIZATION'S BOARD OF DIRECTORS, STAFF, AND INTERNS CONDUCTED 7 PROGRAMS WITH INDIVIDUALS AND COMMUNITY GROUPS ABOUT PSYCHIATRIC DISABILITY AND AFFORDABLE HOUSING.
Expenses $35,590
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
SHEILA MASON HENRY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
JOHN PIERCE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
MICHAEL SMITH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
JOHNNIE MAE ARMSTRONG
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
AUDRALINA SHERMAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
GARTH BASTIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL JAQUITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NAPATR MEER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALI PLACCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALEXIS PETERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALBERT STANCIL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROSE SITTNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ABE SCHUCHMAN
CEO
- Total calculated
- $179,142
- From this org
- $139,201
- From related orgs
- $0
- Other
- $39,941
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,181
- Bonus
- $7,020
- Other
- $0
- Deferred
- $12,636
- Nontaxable benefits
- $27,305
- Filer's total
- $179,142
-
AARON FENSTER
COO
- Total calculated
- $130,313
- From this org
- $114,963
- From related orgs
- $0
- Other
- $15,350
- Hours/week
- 40
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 · 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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 24 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531789349300408
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