Unlimited Housing For The Elderly Inc
Elderly Housing Nonprofit Faces Financial Strain Amidst Declining Assets
EIN: 222846078 · Oakmont, PA · Updated: 2026-04-04
About Unlimited Housing For The Elderly Inc
Unlimited Housing For The Elderly Inc (EIN: 222846078) is a nonprofit organization based in Oakmont, PA. The organization reported total revenue of $869K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unlimited Housing For The Elderly Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Unlimited Housing For The Elderly Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Unlimited Housing For The Elderly Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led organization or a lack of transparency regarding compensation for key personnel.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Unlimited Housing For The Elderly Inc's IRS 990 filings:
- Total assets have decreased from $1,805,962 in 2016 to $1,287,782 in 2023, representing a significant decline.
- Total liabilities have increased from $2,674,718 in 2016 to $2,227,645 in 2023 (though showing a slight decrease from peak, still high relative to assets), indicating a high debt burden.
- The organization consistently reports expenses exceeding revenue, leading to net losses in most years (e.g., 2023: revenue $703,153, expenses $692,795, but prior years show larger deficits).
- The consistent reporting of 0% compensation for all officers and key employees could be a red flag for transparency or an indicator of an entirely volunteer-run operation without paid leadership.
Strengths
The following positive indicators were identified for Unlimited Housing For The Elderly Inc:
- The organization has consistently provided services for the elderly for at least seven years, demonstrating longevity in its mission.
- Despite financial challenges, the organization continues to operate and generate revenue, indicating resilience.
Frequently Asked Questions about Unlimited Housing For The Elderly Inc
What does Unlimited Housing For The Elderly Inc do?
Unlimited Housing For The Elderly Inc is a nonprofit organization in the Unknown sector, located in Oakmont, Pennsylvania. It is classified under NTEE code Unknown.
How much revenue does Unlimited Housing For The Elderly Inc have?
Unlimited Housing For The Elderly Inc reported total revenue of $868,514. Based on 13 IRS 990 filings on record.
What are Unlimited Housing For The Elderly Inc's total assets?
Unlimited Housing For The Elderly Inc holds total assets of $1,410,268 as reported in IRS 990 filings.
Where is Unlimited Housing For The Elderly Inc located?
Unlimited Housing For The Elderly Inc is based in Oakmont, Pennsylvania.
What is Unlimited Housing For The Elderly Inc's EIN?
Unlimited Housing For The Elderly Inc's Employer Identification Number (EIN) is 222846078. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Unlimited Housing For The Elderly Inc?
Unlimited Housing For The Elderly Inc is classified under NTEE code Unknown (Unknown).
Is Unlimited Housing For The Elderly Inc a registered 501(c)(3)?
Unlimited Housing For The Elderly Inc appears in IRS records (EIN: 222846078). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Unlimited Housing For The Elderly Inc file IRS Form 990?
Yes, Unlimited Housing For The Elderly Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Unlimited Housing For The Elderly Inc's revenue in 2023?
In the 202312 filing period, Unlimited Housing For The Elderly Inc reported total revenue of $703,153, total expenses of $692,795, and net assets of $1,287,782.
Is Unlimited Housing For The Elderly Inc's revenue growing or declining?
Unlimited Housing For The Elderly Inc's revenue is growing. Revenue went from $668,008 (202212) to $703,153 (202312), a +5.3% change. Based on 13 filings on record.
What is Unlimited Housing For The Elderly Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Unlimited Housing For The Elderly Inc covers tax period 202312. It shows revenue of $703,153, expenses of $692,795, total assets of $1,287,782, and liabilities of $2,227,645.
How much does Unlimited Housing For The Elderly Inc spend on programs vs administration?
Based on IRS 990 analysis, Unlimited Housing For The Elderly Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Unlimited Housing For The Elderly Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Unlimited Housing For The Elderly Inc shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for Unlimited Housing For The Elderly Inc?
The following concerns were identified: Total assets have decreased from $1,805,962 in 2016 to $1,287,782 in 2023, representing a significant decline.. Total liabilities have increased from $2,674,718 in 2016 to $2,227,645 in 2023 (though showing a slight decrease from peak, still high relative to assets), indicating a high debt burden.. The organization consistently reports expenses exceeding revenue, leading to net losses in most years (e.g., 2023: revenue $703,153, expenses $692,795, but prior years show larger deficits).. The consistent reporting of 0% compensation for all officers and key employees could be a red flag for transparency or an indicator of an entirely volunteer-run operation without paid leadership.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Unlimited Housing For The Elderly Inc's strengths?
Positive indicators for Unlimited Housing For The Elderly Inc include: The organization has consistently provided services for the elderly for at least seven years, demonstrating longevity in its mission.. Despite financial challenges, the organization continues to operate and generate revenue, indicating resilience.. These findings are derived from AI analysis of the organization's financial filings.
How does Unlimited Housing For The Elderly Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led organization or a lack of transparency regarding compensation for key personnel. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent decline in assets and increase in liabilities, what is the long-term sustainability plan for Unlimited Housing For The Elderly Inc?
The provided data does not detail a specific long-term sustainability plan. The consistent trend of expenses often exceeding revenue and the shrinking asset base suggest a need for strategic financial planning to ensure the organization's future viability.
How does the organization manage to operate with reported 0% executive compensation, and what are the implications for its leadership structure and operational capacity?
Operating with 0% executive compensation implies a reliance on volunteer leadership or that compensation is being reported under different categories not visible in the summary data. This could indicate a highly dedicated volunteer base but also raises questions about the capacity for full-time, professional management and potential succession planning.
Filing History
IRS 990 filing history for Unlimited Housing For The Elderly Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Unlimited Housing For The Elderly Inc's revenue has grown by 9.4%, moving from $643K to $703K. Total assets decreased by 41% over the same period, from $2.2M to $1.3M. Total functional expenses fell by 0.2%, from $694K to $693K. In its most recent filing year (2023), Unlimited Housing For The Elderly Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $1.3M in assets (debt-to-asset ratio: 173.0%), resulting in net assets of $-939,863.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $703K | $693K | $1.3M | $2.2M | — | View 990 |
| 2022 | $668K | $694K | $1.4M | $2.3M | — | — |
| 2021 | $627K | $630K | $1.5M | $2.4M | — | View 990 |
| 2020 | $657K | $674K | $1.6M | $2.5M | — | — |
| 2019 | $633K | $660K | $1.6M | $2.5M | — | View 990 |
| 2018 | $646K | $661K | $1.7M | $2.6M | — | View 990 |
| 2017 | $628K | $621K | $1.7M | $2.6M | — | View 990 |
| 2016 | $643K | $636K | $1.8M | $2.7M | — | View 990 |
| 2015 | $642K | $635K | $1.8M | $2.7M | — | View 990 |
| 2014 | $622K | $676K | $1.9M | $2.7M | — | View 990 |
| 2013 | $652K | $731K | $2.0M | $2.8M | — | View 990 |
| 2012 | $649K | $721K | $2.1M | $2.8M | — | View 990 |
| 2011 | $643K | $694K | $2.2M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $703K, expenses of $693K, and assets of $1.3M (revenue +5.3% year-over-year).
- 2022: Revenue of $668K, expenses of $694K, and assets of $1.4M (revenue +6.6% year-over-year).
- 2021: Revenue of $627K, expenses of $630K, and assets of $1.5M (revenue -4.6% year-over-year).
- 2020: Revenue of $657K, expenses of $674K, and assets of $1.6M (revenue +3.7% year-over-year).
- 2019: Revenue of $633K, expenses of $660K, and assets of $1.6M (revenue -2.0% year-over-year).
- 2018: Revenue of $646K, expenses of $661K, and assets of $1.7M (revenue +2.8% year-over-year).
- 2017: Revenue of $628K, expenses of $621K, and assets of $1.7M (revenue -2.3% year-over-year).
- 2016: Revenue of $643K, expenses of $636K, and assets of $1.8M (revenue +0.1% year-over-year).
- 2015: Revenue of $642K, expenses of $635K, and assets of $1.8M (revenue +3.3% year-over-year).
- 2014: Revenue of $622K, expenses of $676K, and assets of $1.9M (revenue -4.7% year-over-year).
- 2013: Revenue of $652K, expenses of $731K, and assets of $2.0M (revenue +0.5% year-over-year).
- 2012: Revenue of $649K, expenses of $721K, and assets of $2.1M (revenue +1.0% year-over-year).
- 2011: Revenue of $643K, expenses of $694K, and assets of $2.2M.
Data Sources and Methodology
This transparency report for Unlimited Housing For The Elderly Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.