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Ahepa 232 Phase Ii Inc

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

EIN: 351635762 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Ahepa 232 Phase Ii Inc?

Ahepa 232 Phase II Inc. is a not-for-profit organization established in Indiana, adhering to the state's not-for-profit regulations. Their primary purpose is to construct, own, and manage an affordable housing apartment community in Indianapolis, called Ahepa 232 Phase II apartments. This initiative aligns with Section 202 of the National Affordable Housing Act. The organization is sponsored by Ahepa National Housing Corporation and aims to provide affordable housing solutions for the community.


Is Ahepa 232 Phase Ii Inc legitimate?

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

Mission Statement of Ahepa 232 Phase Ii Inc

Ahepa 232 Phase II Inc, a not-for-profit corporation, was established with a clear mission. Its objective was to construct, maintain, and manage an affordable housing apartment community. This community, located in Indiana, was named Ahepa 232 Phase II Apartments, adhering to Section 202 of the National Affordable Housing Act. The corporation, sponsored by Ahepa National Housing Corporation, aimed to provide affordable housing options, contributing to the well-being of its residents.

Impact

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




Wednesday, July 24, 2024

Ahepa 232 Phase II Inc's impact lies in providing a crucial service to the community by offering affordable housing options through its 50-unit apartment community in Indianapolis, Indiana. By constructing, owning, and operating this housing complex, Ahepa 232 Phase II Inc contributes to addressing the ongoing issue of affordable housing accessibility. This initiative directly supports individuals and families who may face challenges in finding suitable and affordable accommodations, ultimately helping to improve their quality of life.





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: $2
  • Program Service Revenue: $542,339
  • Gross Receipts: $547,828

    • Assets and Liabilities:
  • Total Assets: $1,821,108
  • Total Liabilities: $2,308,883
  • Net Assets: -$487,775
  • Programs

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

    TENANT ASSISTANCE HUD

    Revenue

    $352,764

    RENTAL INCOME

    Revenue

    $189,575

    Organization Details

    Founding Year

    1989

    Principal Officer

    Angelo Kostarides

    Main Address

    7355 SHADELAND STATION WAY, INDIANAPOLIS, IN, 46256

    NTEE Category

    Code: L99Z - Housing

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