Overview
What is Housing Unlimited Inc?
Housing Unlimited Inc, based in Silver Spring, Maryland, is a nonprofit organization committed to addressing the housing crisis for adults in mental health recovery. With a team of 31 individuals, they provide affordable, permanent housing options, primarily in the form of townhomes and condos, for over 230 individuals in recovery. The organization serves as their landlord, ensuring the properties are well-maintained through regular visits. Tenants and staff collaborate to establish healthy habits and lifestyles, fostering independence and recovery. The Housing Unlimited Tenants Council encourages cooperation, promotes independence, and offers tenants a collective voice. Moreover, Housing Unlimited provides opportunities for interested tenants to develop skills through paid internships in property management, public education, and administrative tasks.
Official website here: www.housingunlimited.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Stars)
Housing Unlimited Inc. has received a strong Four-Star rating from Charity Navigator, reflecting its high standards of accountability and finance management. With a remarkable 89.81% program expense ratio, the organization effectively allocates funds towards its mission of providing affordable housing for individuals in mental health recovery. The organization boasts a fully independent board and has no reported material diversions of assets, indicating a strong commitment to ethical governance.
User feedback highlights the organization’s significant impact on the Montgomery County community. Reviewers praise Housing Unlimited for its dedication to supporting vulnerable populations, with many noting the respectful and compassionate approach of its staff. Clients and professionals alike mention the transformative power of stable housing on individuals’ lives, emphasizing how the organization not only meets basic needs but also fosters personal growth and community engagement.
While the organization enjoys a strong reputation and support, challenges remain, including a waiting list of over 200 individuals in need of housing. Continuous charitable funding is vital for Housing Unlimited to maintain and expand its services, ensuring that more individuals receive the essential support they require. Overall, the organization is recognized as a crucial resource in the community, contributing to the well-being and recovery of its tenants.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Housing Unlimited Inc?
100% of 7 reviewers on Facebook recommend Housing Unlimited Inc. Here is a summary of their reviews:
The positive sentiment surrounding this nonprofit is evident, with users expressing a strong need for affordable housing options, particularly seniors. The consistent support reflects a high level of trust in the organization's ability to meet the housing needs of its community.
Overall, Housing Unlimited Inc is seen as a valuable resource for those seeking affordable living solutions, and the reviews indicate that it effectively addresses the concerns of its target audience.
This AI summary has been generated from reviews found on Facebook.
Is Housing Unlimited Inc legitimate?
Housing Unlimited Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Unlimited Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $182,399
Professional Fundraising Fees: $71,250
Other Salaries and Wages: $769,012
For more financial information, click here
Official website here: www.housingunlimited.org
What is the mission statement of Housing Unlimited Inc?
Housing Unlimited Inc., a non-profit organization, is committed to addressing the housing crisis for adults in mental health recovery. Their primary mission is to provide affordable, permanent housing opportunities and promote independent living for individuals recovering from mental health issues. The organization acquires homes, primarily townhouses and condos, and serves as the landlord for these tenants. They offer stable, independent, safe, and affordable housing to extremely low-income adults, currently housing over 230 tenants in 84 properties. Maintaining tenants' homes and fostering healthy habits and lifestyles are essential to Housing Unlimited Inc.'s mission, with team members regularly visiting tenants' homes and addressing their concerns. The Housing Unlimited Tenants Council promotes recovery, encourages cooperation, and fosters independence among tenants, offering them a collective voice and leadership and skills training opportunities.
Official website here: www.housingunlimited.org
Who is the CEO of Housing Unlimited Inc?
Abe M Schuchman is the Principal Officer of Housing Unlimited Inc. The CEO's salary of Housing Unlimited Inc is $134,920 and their total compensation is $168,759.
Official website here: www.housingunlimited.org
What is the revenue of Housing Unlimited Inc?
Housing Unlimited Inc's revenue in 2022 was $2,966,775.
Official website here: www.housingunlimited.org
Who are the executives of Housing Unlimited Inc and what are their salaries?
The average compensation at Housing Unlimited Inc during 2022 was $30,691. There are 31 employees and 24 volunteers at Housing Unlimited Inc.
Here are 17 key members and their salaries (Housing Unlimited Inc's CEO's salary is $134,920 and their total compensation is $168,759):
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- Compensation: $134,920
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- Other: $33,839
Official website here: www.housingunlimited.org
Where can I find the form 990 for Housing Unlimited Inc?
Housing Unlimited Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingunlimited.org
Learn more at the official website: www.housingunlimited.org
Mission Statement of Housing Unlimited Inc
Housing Unlimited Inc, a non-profit organization, is dedicated to addressing the housing crisis for adults in mental health recovery. Its mission is centered around providing affordable, permanent housing opportunities and promoting independent living for these individuals. The organization takes an active role in purchasing homes, primarily townhouses and condos, and serves as the landlord for adults in recovery, offering them stable, independent, safe, and affordable housing. Currently, over 230 tenants call Housing Unlimited's 84 homes their homes.
Housing Unlimited Inc recognizes the vital role of stable housing in long-term mental health stability and recovery. To ensure the well-being of its tenants, team members regularly visit their homes, answering questions, providing requested resources, and checking on the physical condition of the properties. This proactive approach ensures that the homes are well-maintained and that the tenants have the support they need to thrive.
Moreover, Housing Unlimited Inc fosters a sense of community and recovery among its tenants through the Housing Unlimited Tenants Council. This council promotes cooperation, independence, and provides tenants with a collective voice. Tenants council officers receive leadership and skills training, providing them with opportunities to develop and grow. Additionally, the organization offers paid internships to interested tenants, allowing them to assist with property management, public education, and administrative tasks, further integrating them into the community.
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Impact
July, 2024
Housing Unlimited Inc's impact can be seen in the lives of adults in mental health recovery in Montgomery County, Maryland. By providing affordable and permanent housing options, the organization plays a crucial role in supporting the long-term mental health stability and recovery of its tenants. With a current residence of 230 individuals across 84 homes, Housing Unlimited ensures that these vulnerable adults have a safe and stable environment to call home. Through initiatives like the Tenants Council and paid internships, the organization not only fosters independence and cooperation but also provides opportunities for personal and professional growth. Housing Unlimited's dedication to addressing the housing crisis for this specific population leaves a lasting impact on the individuals it serves, helping them thrive in their journey towards recovery.
This information is meant to be a general summary of Housing Unlimited Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $433
- Program Service Revenue: $1,664,654
- Gross Receipts: $2,988,307
Assets and Liabilities:
- Total Assets: $15,923,579
- Total Liabilities: $5,714,679
- Net Assets: $10,208,900
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$990,254
COUNTY SUBSIDIES
Revenue
$674,400
Organization Details
Founding Year
1991
Phone
(301) 592-9314Principal Officer
Abe M Schuchman
Main Address
12125 VEIRS MILL ROAD 201, SILVER SPRING, MD, 20906
Website
www.housingunlimited.orgNTEE Category
Code: L20Z - Housing
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