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Ahepa Dop 60 Inc

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

EIN: 273219515 ✦ Mishawaka, IN ✦ Designated as a 501(c)(3)

Overview

What is Ahepa Dop 60 Inc?

Ahepa Dop 60 Inc is a not-for-profit organization established in compliance with Indiana's nonprofit regulations. Their primary objective is to construct, manage, and operate an affordable housing complex known as Penelope 60 Apartments in Mishawaka, Indiana, in line with the National Affordable Housing Act. The sponsor of this initiative is Ahepa National Housing Corporation. This nonprofit corporation aims to provide affordable housing solutions for the community, contributing to the broader goal of promoting equitable living standards.


Is Ahepa Dop 60 Inc legitimate?

Ahepa Dop 60 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa Dop 60 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 Dop 60 Inc?
Who is the CEO of Ahepa Dop 60 Inc?
What is the revenue of Ahepa Dop 60 Inc?
Who are the executives of Ahepa Dop 60 Inc and what are their salaries?
Where can I find the form 990 for Ahepa Dop 60 Inc?

Mission Statement of Ahepa Dop 60 Inc

Ahepa Dop 60 Inc, a not-for-profit corporation, was established with a clear mission. This organization was organized to undertake the construction, ownership, and operation of an affordable housing apartment community. Specifically, it aimed to develop a 50-unit apartment complex, known as Penelope 60 Apartments, in Mishawaka, Indiana, in accordance with Section 202 of the National Affordable Housing Act. The sponsor of this venture is Ahepa National Housing Corporation. In essence, Ahepa Dop 60 Inc's mission is to provide affordable housing, contributing to the well-being of its residents and fostering a sense of community.

Impact

This information is meant to be a general summary of Ahepa Dop 60 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Ahepa Dop 60 Inc's impact lies in providing affordable housing solutions to the community in Mishawaka, Indiana. By constructing, owning, and operating the Penelope 60 Apartments, this organization plays a vital role in addressing the housing needs of individuals and families in the area. Through its commitment to affordable housing under the Section 202 of the National Affordable Housing Act, Ahepa Dop 60 Inc positively impacts the lives of those who may struggle to find adequate and affordable housing options. Their mission to provide a safe and stable living environment contributes to the overall well-being and quality of life of their residents, showcasing their dedication to making a difference in the community.





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: $32
  • Program Service Revenue: $471,830
  • Gross Receipts: $473,655

    • Assets and Liabilities:
  • Total Assets: $4,445,808
  • Total Liabilities: $29,908
  • Net Assets: $4,415,900
  • Programs

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

    TENANT ASSISTANT

    Revenue

    $309,387

    RENTAL INCOME

    Revenue

    $162,443

    Organization Details

    Founding Year

    2010

    Principal Officer

    Angelika Magrames

    Main Address

    16025 CHANDLER BLVD, MISHAWAKA, IN, 46544

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Ahepa Dop 60 Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.