Montgomery Housing Partnership INC

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To provide affordable Housing for low-income families located in Montgomery county, maryland.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$1.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $2.2M a year · 10% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.7M
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
14 mo
of spending, in cash
Looks good: 13.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $45K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$72.9M
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$24.5M
+22% vs prior year
Spent
$17.4M
To programs
78%
Net assets
$53.4M
By yearFY2020–FY2024
Revenue
$24.5M
FY2024▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$15.4M
FY2021$17.9M
FY2022$28.4M
FY2023$20.1M
FY2024$24.5M
Expenses
$17.4M
FY2024▼ -12%
Tap a bar for its year
Expenses by fiscal year
FY2020$16.0M
FY2021$19.0M
FY2022$23.2M
FY2023$19.8M
FY2024$17.4M
Net assets
$53.4M
FY2024▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$21.1M
FY2021$25.3M
FY2022$31.7M
FY2023$44.8M
FY2024$53.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $13.6M Management & general 16% · $2.8M Fundraising 5% · $916K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

28 people listed on the 990; $1.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
$328,767Pt VII · Sec A
$203,941Pt VII · Sec A
VP of Real Estate Development
$192,517Pt VII · Sec A
VP of Operations
$177,005Pt VII · Sec A
VP of Community Life
$163,637Pt VII · Sec A
Director of Real Estate
$151,596Pt VII · Sec A
Director of Advancement
$148,842Pt VII · Sec A
Senior Project Manager Real Estate
$132,585Pt VII · Sec A

Robert Goldman’s $329K as President is at the 83rd percentile of top reported officer pay among 676 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Robert Goldman$328,767$308,718$291,957$288,175—
Robert a Goldman————$271,754
Jennifer Rudolph$203,941$195,895$120,253——
Stephanie Murdock Roodman$192,517$177,221$145,414$141,952$119,005
Artie Harris——$179,286$174,094$165,193
William Highsmith JR$177,005$168,467$97,259——
Jill Goodrich——$94,980$175,973$154,769
Sulema Middleton Stewart$163,637$155,749——$138,048

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Montgomery Housing Partnership INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides affordable housing for low-income families in Montgomery County, Maryland.

Questions for Montgomery Housing Partnership INC

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1 program · $13.6M · in their own filed words · FY2024
01

See schedule o

$13.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$45K

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Dec 2025 · $4.7M federal money spent
Home Investment Partnerships ProgramDepartment of Housing and Urban Development · ALN 14.239 · Through Montgomery County - Hud Home Program$2.1M
Community Development Block Grants/Entitlement GrantsDepartment of Housing and Urban Development · ALN 14.218 · Through Montgomery County MD - Community Development$1.2M
Neighborworks AmericaDepartment of the Treasury · ALN 21.000 · Through Neighborworks America$689K
Twenty-First Century Community Learning CentersDepartment of Education · ALN 84.287 · Through Maryland State Department of Education$373K
Coronavirus State and Local Fiscal Recovery FundsDepartment of the Treasury · ALN 21.027 · Through Community Development Adinistration$290K

Plus 2 smaller programs.

The auditor reported no findings.

Year ending Dec 2024 · $4.6M federal money spent
Home Investment Partnerships ProgramDepartment of Housing and Urban Development · ALN 14.239 · Through Montgomery County - Hud Home Program$2.1M
Community Development Block Grants/Entitlement GrantsDepartment of Housing and Urban Development · ALN 14.218 · Through Montgomery County MD - Community Development$1.2M
Neighborworks AmericaDepartment of the Treasury · ALN 21.000 · Through Neighborworks America$675K
Twenty-First Century Community Learning CentersDepartment of Education · ALN 84.287 · Through Maryland State Department of Education$365K
Tax Credit Assistance Program (recovery Act Funded)Department of Housing and Urban Development · ALN 14.258 · Through Community Development Adinistration$156K

Plus 2 smaller programs.

The auditor reported: a weakness in money controls.

Year ending Dec 2023 · $5.2M federal money spent
Home Investment Partnerships ProgramDepartment of Housing and Urban Development · ALN 14.239 · Through Montgomery County - Hud Home Program$2.8M
Community Development Block Grants/Entitlement GrantsDepartment of Housing and Urban Development · ALN 14.218 · Through Montgomery County MD - Community Development$1.2M
Neighborworks AmericaDepartment of the Treasury · ALN 21.000 · Through Neighborworks America$628K
Twenty-First Century Community Learning CentersDepartment of Education · ALN 84.287 · Through Maryland State Department of Education$306K
Tax Credit Assistance Program (recovery Act Funded)Department of Housing and Urban Development · ALN 14.258 · Through Community Development Adinistration$235K

Plus 2 smaller programs.

The auditor reported 1 finding: a weakness in money controls.

Year ending Dec 2022 · $5.2M federal money spent
Home Investment Partnerships ProgramDepartment of Housing and Urban Development · ALN 14.239 · Through Montgomery County - Hud Home Program$2.7M
Community Development Block Grants/Entitlement GrantsDepartment of Housing and Urban Development · ALN 14.218 · Through Montgomery County MD - Community Development$1.2M
U.s. Department of TreasuryDepartment of the Treasury · ALN 21.000 · Through Neighborworks America$548K
Twenty-First Century Community Learning CentersDepartment of Education · ALN 84.287 · Through Maryland State Department of Education$284K
Tax Credit Assistance Program (recovery Act Funded)Department of Housing and Urban Development · ALN 14.258 · Through Community Development Adinistration$235K

Plus 2 smaller programs.

The auditor reported no findings.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$24.5M
Ln 12
Fees for servicesLn 2g$17.5M
Gifts and grantsLn 1h$5.1M
Investment incomeLn 3$1.9M
Money outPt IX
$17.4M
Ln 25
Programscol B$13.6M
Managementcol C$2.8M
Fundraisingcol D$916K
Owns and owesPt X
$53.4M
net assets · Ln 32
Cash and savingsLn 1–2$20.0M
Total assetsLn 16$126.3M
LiabilitiesLn 26$72.9M
PeoplePt VI, VII
28
listed · VII A
PaidVII A10
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.1M
Government grantsLn 1e$375K
Fundraising eventsLn 1c$40K
Fees for servicesLn 2g$17.5M
Investment incomeLn 3$1.9M
Other incomeLn 4–11$406
Total revenueLn 12$24.5M
Assets in detailPt X, end of year
SavingsLn 2$20.0M
Cash and savings togetherLn 1–2$20.0M
InvestmentsLn 11–13$350K
Land, buildings, equipmentLn 10c$52.3M
Other assetsLn 15$48.4M
Total assetsLn 16$126.3M
LiabilitiesLn 26$72.9M
Net assetsLn 32$53.4M
OperationsPt I, VI
EmployeesI 591
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$20.2M$20.0M
InvestmentsLn 11–13$344K$350K
Land, buildings, equipmentLn 10c$52.8M$52.3M
Total assetsLn 16$116.8M$126.3M
LiabilitiesLn 26$72.0M$72.9M
Net assetsLn 32$44.8M$53.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.2M$722K$361K$120K
Other salaries and wagesLn 7$3.5M$2.1M$1.1M$350K
Pension plan contributionsLn 8$70K$42K$21K$7K
Other employee benefitsLn 9$535K$321K$161K$54K
Payroll taxesLn 10$387K$232K$116K$39K
Management feesLn 11a$195K$195K
Legal feesLn 11b$73K$73K
Accounting feesLn 11c$154K$92K$46K$15K
Other fees for servicesLn 11g$141K$85K$42K$14K
Office expensesLn 13$400K$243K$118K$39K
OccupancyLn 16$1.2M$962K$216K$72K
InterestLn 20$3.6M$3.6M
Depreciation, depletion and amortizationLn 22$1.3M$1.3M$2K$723
InsuranceLn 23$198K$197K$687$255
Other expenses (24a–d)Ln 24$2.3M$2.3M$2K$664
All other expensesLn 24e$2.0M$1.2M$612K$204K
Total functional expensesLn 25$17.4M$13.6M$2.8M$916K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 $24.5M$17.4M$7.1M$53.4M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $20.1M$19.8M$340K$44.8M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $28.4M$23.2M$5.2M$31.7M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $17.9M$19.0M−$1.1M$25.3M 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $15.4M$16.0M−$568K$21.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $24,495,869 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,920,409$5,082,789
I-9 Program service revenuePrior year $13,868,749$17,538,303
I-10 Investment incomePrior year $2,008,278$1,874,371
I-11 Other revenuePrior year $313,598$406
I-12 Total revenuePrior year $20,111,034$24,495,869
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,189,148$5,696,434
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $14,581,946$11,655,519
I-18 Total expensesPrior year $19,771,094$17,351,953
I-19 Revenue less expensesPrior year $339,940$7,143,916
Part VI · Governance 18 of 18 board members independent, no flags
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $24,495,869 across 8 lines filed
Lines not itemized here account for $75,885 of total revenue; see the IRS return.
VIII-1c Fundraising events$40,149
VIII-1e Government grants$375,000
VIII-1f All other contributions, gifts and grants$4,667,640
VIII-1h Total contributions, gifts and grants$5,082,789
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $17,538,303$17,538,303
VIII-3 Investment incomeExcluded from tax $1,874,371$1,874,371
VIII-8 Net income from fundraising eventsExcluded from tax −$75,479−$75,479
VIII-12 Total revenueRelated to mission $17,614,188 · Unrelated business $0 · Excluded from tax $1,798,892$24,495,869
Part IX · Statement of functional expenses $17,351,953 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $721,916 · Management $360,958 · Fundraising $120,319$1,203,193
IX-7 Other salaries and wagesPrograms $2,100,976 · Management $1,050,488 · Fundraising $350,162$3,501,626
IX-8 Pension plan contributionsPrograms $41,856 · Management $20,928 · Fundraising $6,976$69,760
IX-9 Other employee benefitsPrograms $321,062 · Management $160,530 · Fundraising $53,510$535,102
IX-10 Payroll taxesPrograms $232,052 · Management $116,026 · Fundraising $38,675$386,753
IX-11a Management feesPrograms $194,916$194,916
IX-11b Legal feesManagement $72,552$72,552
IX-11c Accounting feesPrograms $92,131 · Management $46,065 · Fundraising $15,355$153,551
IX-11g Other fees for servicesPrograms $84,505 · Management $42,252 · Fundraising $14,084$140,841
IX-13 Office expensesPrograms $242,723 · Management $118,038 · Fundraising $39,346$400,107
IX-16 OccupancyPrograms $961,619 · Management $215,927 · Fundraising $71,976$1,249,522
IX-20 InterestPrograms $3,579,613$3,579,613
IX-22 Depreciation, depletion and amortizationPrograms $1,306,741 · Management $2,133 · Fundraising $723$1,309,597
IX-23 InsurancePrograms $197,262 · Management $687 · Fundraising $255$198,204
IX-24 Other expenses (24a–d)Programs $2,312,835 · Management $1,789 · Fundraising $664$2,315,288
IX-24e All other expensesPrograms $1,225,845 · Management $611,612 · Fundraising $203,871$2,041,328
IX-25 Total functional expensesPrograms $13,616,052 · Management $2,819,985 · Fundraising $915,916$17,351,953
Part X · Balance sheet $126,280,406 assets, 16 lines filed
X-2 Savings and temporary cash investmentsStart of year $20,177,834$20,028,361
X-4 Accounts receivableStart of year $3,190,962$4,073,728
X-9 Prepaid expenses and deferred chargesStart of year $198,677$214,241
X-10c Land, buildings and equipment, netStart of year $52,847,205$52,296,735
X-11 Publicly traded securitiesStart of year $344,104$350,350
X-14 Intangible assetsStart of year $1,117,771$926,585
X-15 Other assetsStart of year $38,919,929$48,390,406
X-16 Total assetsStart of year $116,796,482$126,280,406
X-17 Accounts payable and accrued expensesStart of year $3,665,611$3,839,556
X-19 Deferred revenueStart of year $1,164,448$967,823
X-25 Other liabilitiesStart of year $294,792$1,255,235
X-26 Total liabilitiesStart of year $71,953,668$72,895,639
X-27 Net assets without donor restrictionsStart of year $42,704,579$52,033,671
X-28 Net assets with donor restrictionsStart of year $2,138,235$1,351,096
X-32 Total net assets or fund balancesStart of year $44,842,814$53,384,767
X-33 Total liabilities and net assetsStart of year $116,796,482$126,280,406
Part XI · Reconciliation of net assets $53,384,767 net assets at year end
XI-1 Total revenue$24,495,869
XI-2 Total expenses$17,351,953
XI-3 Revenue less expenses$7,143,916
XI-4 Net assets at start of year$44,842,814
XI-5 Net unrealized gains (losses) on investments−$113
XI-8 Prior period adjustments$1,731,551
XI-9 Other changes in net assets−$333,401
XI-10 Net assets at end of year$53,384,767

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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