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Ahepa 232 Inc

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

EIN: 351552643 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Ahepa 232 Inc?

Ahepa 232 Inc is a not-for-profit organization established in Indiana, adhering to the state's not-for-profit regulations. Its primary objective is to construct, own, and manage an affordable housing apartment community named Ahepa 232 apartments, in accordance with the National Affordable Housing Act. The initiative is spearheaded by Ahepa National Housing Corporation, aiming to provide affordable housing options in Indianapolis.


Is Ahepa 232 Inc legitimate?

Ahepa 232 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 232 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 232 Inc?
Who is the CEO of Ahepa 232 Inc?
What is the revenue of Ahepa 232 Inc?
Who are the executives of Ahepa 232 Inc and what are their salaries?
Where can I find the form 990 for Ahepa 232 Inc?

Mission Statement of Ahepa 232 Inc

Ahepa 232 Inc, a not-for-profit organization, was established with a mission to construct, own, and manage an affordable housing apartment community. This mission is carried out through the operation of Ahepa 232 Apartments, a 72-unit complex, in accordance with the National Affordable Housing Act. The corporation's sponsor is Ahepa National Housing Corporation, demonstrating a commitment to providing affordable housing solutions. Ahepa 232 Inc's mission aligns with the goal of creating accessible and affordable living spaces for individuals, contributing to the overall well-being and stability of the community.

Impact

This information is meant to be a general summary of Ahepa 232 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Ahepa 232 Inc's impact can be seen in the provision of affordable housing options for individuals in need within the Indianapolis community. By owning and operating a 72-unit apartment community, known as Ahepa 232 apartments, the organization is addressing the critical issue of affordable housing scarcity in the area. Through their efforts, they are helping individuals and families secure a safe and stable living environment, ultimately contributing to the overall well-being and quality of life for their residents.





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: $166
  • Program Service Revenue: $765,571
  • Gross Receipts: $773,844

    • Assets and Liabilities:
  • Total Assets: $4,444,234
  • Total Liabilities: $2,902,797
  • Net Assets: $1,541,437
  • Programs

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

    TENANT ASSISTANCE HUD

    Revenue

    $507,096

    RENTAL INCOME

    Revenue

    $258,475

    Organization Details

    Founding Year

    1989

    Principal Officer

    Angelo Kostarides

    Main Address

    7355 SHADELAND STATION WAY, INDIANAPOLIS, IN, 46256

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Ahepa 232 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.