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Ahepa 245-Ii Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223348871 ✦ Newport, RI ✦ Designated as a 501(c)(3)

Overview

What is Ahepa 245-Ii Inc?

Ahepa 245-II Inc is a nonprofit organization that was established with a mission to construct, manage, and operate an affordable housing apartment community, specifically catering to the needs of low-income elderly individuals. Their primary objective is to provide a suitable living environment for this demographic, ensuring affordability and accessibility.


Is Ahepa 245-Ii Inc legitimate?

Ahepa 245-Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 245-Ii 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Ahepa 245-Ii Inc?
Who is the CEO of Ahepa 245-Ii Inc?
What is the revenue of Ahepa 245-Ii Inc?
Who are the executives of Ahepa 245-Ii Inc and what are their salaries?
Where can I find the form 990 for Ahepa 245-Ii Inc?

Mission Statement of Ahepa 245-Ii Inc

Ahepa 245-II Inc was established with a mission to construct, maintain, and manage an affordable housing apartment complex. This nonprofit organization is dedicated to providing low-income housing opportunities for the elderly community. By offering affordable housing, Ahepa 245-II Inc aims to contribute to the well-being of this specific demographic, providing them with a secure living environment. The organization's mission is centered around the belief that everyone deserves a decent place to live, regardless of their income level.

Impact

This information is meant to be a general summary of Ahepa 245-Ii Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Ahepa 245-II Inc's impact lies in providing affordable housing solutions for low-income elderly individuals in Newport, Rhode Island. By constructing, owning, and operating an affordable housing apartment community, Ahepa 245-II Inc plays a crucial role in addressing the housing needs of the elderly population in the area. This organization's mission to provide affordable housing aligns with the broader goal of ensuring that vulnerable individuals have access to safe and stable living environments. Through their dedicated efforts, Ahepa 245-II Inc positively impacts the lives of elderly individuals in need of low-income housing options.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16
  • Program Service Revenue: $515,755
  • Gross Receipts: $515,969

    • Assets and Liabilities:
  • Total Assets: $1,547,996
  • Total Liabilities: $163,696
  • Net Assets: $1,384,300
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TENANT ASSISTANCE HUD

    Revenue

    $351,350

    RENTAL INCOME

    Revenue

    $164,405

    Organization Details

    Founding Year

    2000

    Principal Officer

    Michael Sisak

    Main Address

    87 GIRARD ROAD, NEWPORT, RI, 02840

    NTEE Category

    Code: L22 - Housing

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