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Ahepa 29 Phase Iii Inc

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

EIN: 760580172 ✦ Houston, TX ✦ Designated as a 501(c)(3)

Overview

What is Ahepa 29 Phase Iii Inc?

Ahepa 29 Phase III Inc. is a nonprofit organization established in compliance with Texas's not-for-profit laws. Its primary objective is to construct, manage, and operate an affordable housing apartment complex named Ahepa 29 III Apartments in Houston, Texas, adhering to Section 202 of the National Affordable Housing Act. The initiative is spearheaded by Ahepa National Housing Corporation, serving as the project's sponsor.


Is Ahepa 29 Phase Iii Inc legitimate?

Ahepa 29 Phase Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 29 Phase 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 29 Phase Iii Inc?
Who is the CEO of Ahepa 29 Phase Iii Inc?
What is the revenue of Ahepa 29 Phase Iii Inc?
Who are the executives of Ahepa 29 Phase Iii Inc and what are their salaries?
Where can I find the form 990 for Ahepa 29 Phase Iii Inc?

Mission Statement of Ahepa 29 Phase Iii Inc

Ahepa 29 Phase III Inc, a not-for-profit corporation, was established with a clear mission. This organization was organized with the intention of constructing, owning, and operating an affordable housing apartment community. The goal was to provide a viable living solution for individuals in need, adhering to the guidelines set by Section 202 of the National Affordable Housing Act, as amended. The sponsor of this project is Ahepa National Housing Corporation, which underscores the organization's commitment to affordable housing solutions.

Impact

This information is meant to be a general summary of Ahepa 29 Phase 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 29 Phase III Inc's impact lies in providing affordable housing solutions to the community in Houston, Texas. By constructing, owning, and operating a 66-unit apartment community known as Ahepa 29 III Apartments, the organization addresses the critical need for accessible housing options. Through its efforts, Ahepa 29 Phase III Inc contributes to promoting stability, security, and a sense of home for individuals and families in need of affordable housing in the area.





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: $34
  • Program Service Revenue: $648,136
  • Gross Receipts: $650,068

    • Assets and Liabilities:
  • Total Assets: $2,660,274
  • Total Liabilities: $44,450
  • Net Assets: $2,615,824
  • Programs

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

    TENANT ASSISTANCE HUD

    Revenue

    $477,853

    RENTAL INCOME

    Revenue

    $170,283

    Organization Details

    Founding Year

    1998

    Principal Officer

    Konstantine D Angelo

    Main Address

    13830 CANYON HILL, HOUSTON, TX, 77083

    NTEE Category

    Code: L21 - Housing

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