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Ahepa 118 Inc

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

EIN: 300054200 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

Overview

What is Ahepa 118 Inc?

Ahepa 118 Inc is a nonprofit organization established in accordance with Ohio's not-for-profit laws. Its primary objective is to construct, manage, and operate an affordable housing apartment complex, named Ahepa 118 Apartments, in Toledo, Ohio. This initiative falls under Section 202 of the National Affordable Housing Act, aiming to provide suitable living accommodations for low-income elderly individuals. The sponsor overseeing this project is the Ahepa National Housing Corporation.


Is Ahepa 118 Inc legitimate?

Ahepa 118 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 118 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 118 Inc?
Who is the CEO of Ahepa 118 Inc?
What is the revenue of Ahepa 118 Inc?
Who are the executives of Ahepa 118 Inc and what are their salaries?
Where can I find the form 990 for Ahepa 118 Inc?

Mission Statement of Ahepa 118 Inc

Ahepa 118 Inc, a not-for-profit organization, was established with a mission to construct, own, and manage an affordable housing apartment community. The corporation's goal is to provide a 50-unit complex that caters to low-income elderly residents. This initiative aligns with Section 202 of the National Affordable Housing Act, which the corporation has adopted as its guiding principle. The sponsor of this project is Ahepa National Housing Corporation, demonstrating a commitment to addressing housing needs within vulnerable populations.

Impact

This information is meant to be a general summary of Ahepa 118 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Ahepa 118 Inc's impact lies in providing essential housing solutions to low-income elderly individuals in Toledo, Ohio. By constructing, owning, and operating a 50-unit affordable housing apartment community, known as Ahepa 118 Apartments, the organization directly addresses the pressing need for accessible and secure housing for this vulnerable demographic. Through its mission-driven approach, Ahepa 118 Inc positively impacts the lives of many elderly residents in the area, offering them a safe and supportive living environment where they can thrive and maintain their independence.





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: $13
  • Program Service Revenue: $531,912
  • Gross Receipts: $565,700

    • Assets and Liabilities:
  • Total Assets: $2,361,259
  • Total Liabilities: $42,560
  • Net Assets: $2,318,699
  • Programs

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

    TENANT ASSISTANCE HUD

    Revenue

    $330,589

    RENTAL INCOME

    Revenue

    $201,323

    Organization Details

    Founding Year

    2002

    Principal Officer

    Theodore Gulas

    Main Address

    1865 WEST ALEXIS RD, TOLEDO, OH, 43613

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Ahepa 118 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.