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Ahepa 242 Inc

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

EIN: 203265536 ✦ Greenville, SC ✦ Designated as a 501(c)(3)

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Overview

What is Ahepa 242 Inc?

Ahepa 242 Inc is a nonprofit organization, established with the primary objective of constructing, owning, and operating an affordable housing apartment community. Their mission is centered around providing low-income housing, specifically catering to the elderly. This community aims to offer a safe and affordable living space for elderly individuals, ensuring they maintain a decent standard of life.

Is Ahepa 242 Inc legitimate?

Ahepa 242 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 242 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 242 Inc?

Ahepa 242 Inc was established with the mission to construct, own, and manage an affordable housing apartment community. The primary objective of this corporation is to provide housing for the elderly with low income, ensuring they have a comfortable living space. By fulfilling this mission, Ahepa 242 Inc contributes to the community by providing a vital service, enabling low-income elderly individuals to maintain an independent living situation. The corporation's mission is focused on making affordable housing a reality for those who need it most.

Who is the CEO of Ahepa 242 Inc?

Constantine Christophilli is the Principal Officer of Ahepa 242 Inc.

What is the revenue of Ahepa 242 Inc?

Ahepa 242 Inc's revenue in 2023 was $394,701.

Who are the executives of Ahepa 242 Inc and what are their salaries?

There 10 volunteers at Ahepa 242 Inc.


Here are 10 key members and their salaries:


Constantine S Christophillis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Georgiades (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Trakas (Secretary (Through 4/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie E Howard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter G Siachos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Demetrios J Pappas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick A Theodore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Nassos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Zourzoukis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher J Kapetanakos (President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ahepa 242 Inc?

Ahepa 242 Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Ahepa 242 Inc

Ahepa 242 Inc, a nonprofit organization, was established with a mission to construct, own, and manage an affordable housing apartment community. The primary focus of this corporation is to provide housing for individuals with low income, specifically the elderly. By constructing and managing such a community, Ahepa 242 Inc aims to contribute to the housing needs of this specific demographic, offering them a place to live at an affordable price.

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Impact




October, 2024

Ahepa 242 Inc plays a significant role in addressing the affordable housing needs of low-income elderly individuals in Greenville, SC. By constructing, owning, and operating an apartment community specifically designed for this demographic, Ahepa 242 Inc provides essential housing solutions that promote stability and independence for elderly residents.

The organization focuses on creating an environment where low-income seniors can access safe, affordable living arrangements that enrich their quality of life. This undertaking not only alleviates housing challenges faced by the elderly but also contributes to the broader community by fostering social connections and enhancing the well-being of its residents. Ahepa 242 Inc exemplifies a commitment to improving the living conditions for some of society's most vulnerable members, ensuring they have a place to call home.




This information is meant to be a general summary of Ahepa 242 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.

Revenue
$394,701 (2023)
Expenses
$471,063 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,074
  • Program Service Revenue: $392,778
  • Gross Receipts: $394,701

Assets and Liabilities:

  • Total Assets: $2,892,203
  • Total Liabilities: $619,063
  • Net Assets: $2,273,140

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Programs

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

TENANT ASSISTANCE

Revenue

$223,495

RENTAL INCOME

Revenue

$169,283

Organization Details

Founding Year

2005

Principal Officer

Constantine Christophilli

Main Address

407 WOODS LAKE DRIVE, GREENVILLE, SC, 29615

NTEE Category

Code: L20 - Housing

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