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Ahepa 501-Iii Inc

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

EIN: 300241540 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

Overview

What is Ahepa 501-Iii Inc?

Ahepa 501-Iii Inc. is a not-for-profit organization established under the guidelines of New Mexico's not-for-profit statutes. The primary purpose of this corporation is to construct, manage, and operate an affordable housing community in Albuquerque, New Mexico. Known as Ahepa 501-III Apartments, this project is funded by Section 202 of the National Affordable Housing Act. The sponsor of this initiative is Ahepa National Housing Corporation, which plays a crucial role in its development and operation.


Is Ahepa 501-Iii Inc legitimate?

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

Mission Statement of Ahepa 501-Iii Inc

Ahepa 501-Iii Inc, a not-for-profit organization, was established with a clear mission. This mission revolves around constructing, owning, and operating an affordable housing apartment community. The corporation's primary objective is to address the need for affordable housing, as encapsulated in Section 202 of the National Affordable Housing Act. By doing so, Ahepa 501-Iii Inc aims to contribute positively to the housing landscape, providing a viable solution for individuals seeking affordable housing options. The corporation's sponsor, Ahepa National Housing Corporation, plays a crucial role in this endeavor.

Impact

This information is meant to be a general summary of Ahepa 501-Iii Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Ahepa 501-III Inc's impact lies in providing affordable housing solutions to the community. Through the construction, ownership, and operation of the 51-unit apartment community in Albuquerque, New Mexico, known as Ahepa 501 III Apartments, they are addressing the need for accessible housing for individuals and families. This initiative aligns with their mission to create a supportive living environment that enhances the quality of life for residents, highlighting their commitment to housing as a fundamental aspect of community well-being.





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: $24
  • Program Service Revenue: $466,852
  • Gross Receipts: $472,106

    • Assets and Liabilities:
  • Total Assets: $3,263,372
  • Total Liabilities: $51,826
  • Net Assets: $3,211,546
  • Programs

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

    TENANT ASSISTANCE HUD

    Revenue

    $283,172

    RENTAL INCOME

    Revenue

    $183,680

    Organization Details

    Founding Year

    2004

    Principal Officer

    Mark Bullock

    Main Address

    6602 BLUE WATER ROAD NW, ALBUQUERQUE, NM, 87121

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Ahepa 501-Iii 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.