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Ahepa 250-V Inc

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

EIN: 264231174 ✦ Niantic, CT ✦ Designated as a 501(c)(3)

Overview

What is Ahepa 250-V Inc?

Ahepa 250-V Inc is a nonprofit organization dedicated to providing affordable housing solutions. Established with the purpose of constructing, owning, and operating an apartment community, it aims to cater to the needs of low-income individuals. Situated in Niantic, Connecticut, this community serves as a sanctuary for those in need of housing assistance.


Is Ahepa 250-V Inc legitimate?

Ahepa 250-V Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 250-V 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 250-V Inc?
Who is the CEO of Ahepa 250-V Inc?
What is the revenue of Ahepa 250-V Inc?
Who are the executives of Ahepa 250-V Inc and what are their salaries?
Where can I find the form 990 for Ahepa 250-V Inc?

Mission Statement of Ahepa 250-V Inc

Ahepa 250-V Inc, a nonprofit organization, was established with the intent to construct, own, and manage an affordable housing apartment community. At its core, the mission of Ahepa 250-V Inc is to provide housing solutions for individuals with limited financial resources. By building and operating such a community, the organization aims to contribute positively to the lives of those in need, offering them a secure and affordable place to call home.

Impact

This information is meant to be a general summary of Ahepa 250-V Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Ahepa 250-V Inc's impact lies in providing affordable housing to low-income individuals in Niantic, CT. By organizing, constructing, owning, and operating an affordable housing apartment community, they address a critical need in the community. Their programs help ensure that individuals facing financial challenges have a safe and stable place to live, fostering a sense of security and belonging. Through their dedicated mission, Ahepa 250-V Inc contributes to improving the quality of life for those in need of affordable housing.





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: $155
  • Program Service Revenue: $528,355
  • Gross Receipts: $528,977

    • Assets and Liabilities:
  • Total Assets: $6,231,247
  • Total Liabilities: $126,949
  • Net Assets: $6,104,298
  • Programs

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

    RENTAL INCOME

    Revenue

    $271,773

    TENANT ASSISTANCE HUD

    Revenue

    $256,582

    Organization Details

    Founding Year

    2009

    Principal Officer

    E P Mitchell

    Main Address

    269 ROXBURY ROAD, NIANTIC, CT, 06357

    NTEE Category

    Code: L22 - Housing

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