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Ahepa 78 Phase Ii Inc

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

EIN: 351916082 ✦ Merrillville, IN ✦ Designated as a 501(c)(3)

Overview

What is Ahepa 78 Phase Ii Inc?

Ahepa 78 Phase II Inc. is a not-for-profit corporation established in compliance with Indiana's not-for-profit regulations. Its primary objective is to construct, own, and manage an affordable housing apartment complex called Ahepa 78 II Apartments in Merrillville, Indiana. This project falls under Section 202 of the National Affordable Housing Act, which it aims to fulfill. The sponsor overseeing this endeavor is Ahepa National Housing Corporation.


Is Ahepa 78 Phase Ii Inc legitimate?

Ahepa 78 Phase Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 78 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 78 Phase Ii Inc?
Who is the CEO of Ahepa 78 Phase Ii Inc?
What is the revenue of Ahepa 78 Phase Ii Inc?
Who are the executives of Ahepa 78 Phase Ii Inc and what are their salaries?
Where can I find the form 990 for Ahepa 78 Phase Ii Inc?

Mission Statement of Ahepa 78 Phase Ii Inc

Ahepa 78 Phase II Inc, a not-for-profit corporation, was established with a clear mission. This organization was organized with the primary objective of constructing, owning, and operating an affordable housing apartment community. By doing so, it aims to provide a suitable living space for individuals who may not have access to affordable housing options. The corporation's efforts are in line with Section 202 of the National Affordable Housing Act, as amended, demonstrating its commitment to making a positive impact in the housing sector. The sponsor of this corporation is Ahepa National Housing Corporation, further emphasizing its dedication to providing affordable housing solutions.

Impact

This information is meant to be a general summary of Ahepa 78 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 78 Phase II Inc's impact lies in providing affordable housing options through the construction, ownership, and operation of a 50-unit apartment community in Merrillville, Indiana. This initiative directly addresses the critical need for affordable housing in the area, offering a stable and secure living environment for individuals and families. By leveraging the provisions of the national affordable housing act, Ahepa 78 Phase II Inc contributes to enhancing the quality of life for residents by ensuring access to safe and affordable housing. This impactful work aligns with the organization's mission to meet the housing needs of the community they serve.





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: $17
  • Program Service Revenue: $461,628
  • Gross Receipts: $464,162

    • Assets and Liabilities:
  • Total Assets: $1,461,526
  • Total Liabilities: $49,871
  • Net Assets: $1,411,655
  • Programs

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

    TENANT ASSISTANCE HUD

    Revenue

    $304,941

    RENTAL INCOME

    Revenue

    $156,687

    Organization Details

    Founding Year

    1983

    Principal Officer

    Leon Stath

    Main Address

    2080 WEST 79TH PLACE, MERRILLVILLE, IN, 46410

    NTEE Category

    Code: L22Z - Housing

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