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Ahepa No 23--Phase Ii Inc

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

EIN: 631140959 ✦ Montgomery, AL ✦ Designated as a 501(c)(3)

Overview

What is Ahepa No 23--Phase Ii Inc?

Ahepa No 23--Phase II Inc. is a not-for-profit corporation established in compliance with Alabama's non-profit statutes. Its primary objective is to develop, manage, and operate an affordable housing apartment community in Montgomery, Alabama, named Ahepa 23 Phase II Apartments. This community is built under Section 202 of the National Affordable Housing Act, aimed at providing affordable housing solutions for its residents. The initiative is spearheaded by Ahepa National Housing Corporation as its sponsor.


Is Ahepa No 23--Phase Ii Inc legitimate?

Ahepa No 23--Phase Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa No 23--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 No 23--Phase Ii Inc?
Who is the CEO of Ahepa No 23--Phase Ii Inc?
What is the revenue of Ahepa No 23--Phase Ii Inc?
Who are the executives of Ahepa No 23--Phase Ii Inc and what are their salaries?
Where can I find the form 990 for Ahepa No 23--Phase Ii Inc?

Mission Statement of Ahepa No 23--Phase Ii Inc

Ahepa No 23--Phase II Inc, a not-for-profit organization, was established with a clear mission. This mission involves constructing, owning, and operating an affordable housing apartment community. The corporation's primary objective is to provide a 71-unit apartment complex, known as Ahepa 23 Phase II Apartments, to cater to the housing needs of individuals seeking affordable living options. The sponsor of this project is Ahepa National Housing Corporation, ensuring the successful implementation of this mission.

Impact

This information is meant to be a general summary of Ahepa No 23--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 No 23--Phase Ii Inc's impact is evident in its provision of affordable housing solutions to the community in Montgomery, Alabama. By constructing, owning, and operating a 71-unit apartment community known as Ahepa 23 Phase II Apartments, the organization addresses the housing needs of individuals and families in need. This initiative not only provides a tangible benefit by offering affordable housing options but also contributes to the overall well-being and stability of the community.





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: $15
  • Program Service Revenue: $504,453
  • Gross Receipts: $506,127

    • Assets and Liabilities:
  • Total Assets: $1,961,025
  • Total Liabilities: $155,534
  • Net Assets: $1,805,491
  • Programs

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

    TENANT ASSISTANCE HUD

    Revenue

    $326,541

    RENTAL INCOME

    Revenue

    $177,912

    Organization Details

    Founding Year

    2004

    Principal Officer

    Theodore Gulas

    Main Address

    285 SYLVEST DR, MONTGOMERY, AL, 36117

    NTEE Category

    Code: P74 - Human services

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