Overview
What is Ahepa 343 Inc?
Ahepa 343 Inc is a nonprofit organization headquartered at 121 Mason Circle, Lavergne, Tennessee 37086. Established with the mission to construct, own, and manage an affordable housing apartment community, this organization aims to contribute to the housing needs of their community by providing affordable living spaces. Though the information provided is limited, it suggests that Ahepa 343 Inc is committed to addressing housing affordability challenges, which is a crucial aspect of community development and social welfare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Ahepa 343 Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating reflects a strong score of 80% based solely on the Accountability & Finance beacon, which showcases the organization's commitment to maintaining transparency and proper governance practices.
The organization excels in various areas of accountability, including having a fully independent board and no material diversion of assets. Additionally, Ahepa 343 Inc demonstrates responsible financial management with a low liabilities-to-assets ratio of 3.75% and a high program expense ratio of 90.61%, suggesting that the majority of its resources are directed towards its charitable missions.
While the charity shows strength in its governance and financial practices, the overall rating could be improved by enhancing other operational aspects not covered by the current beacon score. Nonetheless, Ahepa 343 Inc stands out for its commitment to maintaining a transparent and effective organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ahepa 343 Inc legitimate?
Ahepa 343 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 343 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.
Heare 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 343 Inc?
Ahepa 343 Inc was established with a mission to construct, manage, and operate an affordable housing apartment community. This organization is committed to providing affordable living solutions, aiming to cater to the needs of individuals and families who may be financially restricted. By constructing and managing such a community, Ahepa 343 Inc aims to contribute positively to housing accessibility and affordability.
What is the revenue of Ahepa 343 Inc?
Ahepa 343 Inc's revenue in 2024 was $557,416.
Who are the executives of Ahepa 343 Inc and what are their salaries?
There 9 volunteers at Ahepa 343 Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Ahepa 343 Inc?
Ahepa 343 Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Ahepa 343 Inc
Ahepa 343 Inc, as a corporation, was established with a specific purpose: to construct, own, and operate an affordable housing apartment community. This mission underscores their commitment to providing accessible and affordable living spaces for individuals and families in need. By managing an apartment community, Ahepa 343 Inc aims to contribute to the housing market, ensuring that affordable options are available, thereby promoting social equity and inclusivity.
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Impact
July, 2024
Ahepa 343 Inc's impact lies in providing affordable housing opportunities through the construction, ownership, and operation of an affordable housing apartment community in LaVergne, Tennessee. This initiative directly addresses the critical need for accessible and affordable housing in the community, contributing to improved living conditions for individuals and families in need. By offering affordable housing options, Ahepa 343 Inc plays a significant role in enhancing the overall quality of life for residents and promoting a more stable and sustainable community.
This information is meant to be a general summary of Ahepa 343 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $13,027
- Program Service Revenue: $521,593
- Gross Receipts: $557,416
Assets and Liabilities:
- Total Assets: $2,407,074
- Total Liabilities: $40,496
- Net Assets: $2,366,578
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE HUD
Revenue
$283,049
RENTAL INCOME
Revenue
$238,544
Organization Details
Founding Year
2002
Principal Officer
John Miller
NTEE Category
Code: L22 - Housing
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