Unified Housing Foundation Inc
88% goes to programs Thin reserves Declining revenue
Unified Housing Foundation Inc is a 501(c)(3) organization based in Farmers Brnch, Texas, registered in 1999, with $38,009,373 in FY2024 revenue. CharityIndex grades it C, and it directs about 88% of spending to programs.
2010 Valley View Ln Ste 145, Farmers Brnch, TX, 75234 EIN 76-0557203 Since 1999
Revenue (FY2024)
$38.0M
▲ 3.2% vs prior year
Community median: $184K
Expenses (FY2024)
$33.8M
Net assets
-$44.5M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating88% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Unified Housing Foundation Inc: 88% to programs earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +11% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Unified Housing Foundation Inc: 0 mo reserves · +11% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Unified Housing Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Unified Housing Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The organization was formed for the purpose of acquiring and operating low-income housing properties within the guidelines of irs notice 93-1 or within any successor or alternate "safe-harbor" affordable housing guideline published by the irs.
Contact & location
- Address
- 2010 Valley View Ln Ste 145, Farmers Brnch, TX, 75234
- City
- Farmers Brnch
- State
- Texas
- Subcategory
- Nonprofit Management Support
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $83.9M (FY2019) to $38.0M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $289.5MNet assets -$44.5M
Operating margin
11.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$245.0M
Total liabilities
$289.5M
Net assets
-$44.5M
Salaries & benefits
$22K
0% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $38,009,373▲3.2% | $33,821,114▼0.5% | -$44,465,692▲9.4% | $245,025,545▲21.6% | 990 |
| 2023 | $36,840,304▼5.5% | $33,994,806▼6.8% | -$49,080,570▲4.8% | $201,483,039▼2.2% | 990 |
| 2022 | $38,983,380▼63.3% | $36,477,901▼16.9% | -$51,545,070▲0.8% | $206,017,439▲1.8% | 990 |
| 2021 | $106,275,759▲86.1% | $43,896,482▼15.0% | -$51,968,185▲54.3% | $202,465,648▼4.5% | 990 |
| 2020 | $57,104,113▼31.9% | $51,619,825▼25.1% | -$113,777,629▲4.6% | $212,034,924▼12.5% | 990 |
| 2019 | $83,882,369 | $68,921,186 | -$119,261,917 | $242,258,811 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Carolynn F Bevers — $6,000 (0.02% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Carolynn F Bevers | Director | 0.5 | $6,000 |
| Melanie Carter | Dir, Vp, Secretary | 0.5 | $6,000 |
| Byron K Rowlett | Director | 0.5 | $5,000 |
| Martha C Stephens | Director | 0.5 | $5,000 |
| R Neil Crouch II | Dir, President, Treasurer | 0 | — |
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Frequently asked questions
- Is Unified Housing Foundation Inc a legitimate nonprofit?
- Yes. Unified Housing Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 76-0557203, based in Farmers Brnch, Texas. Donations are tax-deductible.
- What is Unified Housing Foundation Inc's EIN?
- Unified Housing Foundation Inc's Employer Identification Number (EIN) is 76-0557203.
- How much revenue does Unified Housing Foundation Inc report?
- Unified Housing Foundation Inc reported $38,009,373 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Unified Housing Foundation Inc's spending goes to programs?
- Unified Housing Foundation Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Unified Housing Foundation Inc have?
- CharityIndex grades Unified Housing Foundation Inc C, based on program efficiency and fundraising cost.
- How much does Unified Housing Foundation Inc's highest-paid employee make?
- The highest reported compensation on Unified Housing Foundation Inc's latest Form 990 is $6,000, paid to Carolynn F Bevers (Director).
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Data for Unified Housing Foundation Inc (EIN 76-0557203) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.