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Ahepapenelope 35 Ii Inc

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

EIN: 261587755 ✦ Bloomington, MN ✦ Designated as a 501(c)(3)

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Overview

What is Ahepapenelope 35 Ii Inc?

Ahepapenelope 35 Ii Inc is a nonprofit organization with the primary mission of constructing, owning, and operating an affordable housing apartment community. Their primary focus is to provide low-income housing options, specifically catering to the elderly population. This organization aims to contribute positively to the community, ensuring that elderly individuals have access to suitable and affordable housing.

Is Ahepapenelope 35 Ii Inc legitimate?

Ahepapenelope 35 Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepapenelope 35 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.


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 Ahepapenelope 35 Ii Inc?

Ahepapenelope 35 Ii Inc was established with the mission to construct, manage, and operate an affordable housing apartment community. The primary goal of this corporation is to provide low-income housing, specifically focused on accommodating the elderly population. By doing so, they aim to contribute to the housing needs of this vulnerable group, ensuring they have access to suitable living spaces.

Who is the CEO of Ahepapenelope 35 Ii Inc?

Margaret Sperides is the President of Ahepapenelope 35 Ii Inc.

What is the revenue of Ahepapenelope 35 Ii Inc?

Ahepapenelope 35 Ii Inc's revenue in 2022 was $318,581.

Who are the executives of Ahepapenelope 35 Ii Inc and what are their salaries?

There 11 volunteers at Ahepapenelope 35 Ii Inc.


Here are 11 key members and their salaries:


Margaret Sperides (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Beauchamp (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie R Speliopoulos (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tessie Bourdamis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Esme Gerogeorge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Vogel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Wahlers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Christy Karthan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Economou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Paulson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ahepapenelope 35 Ii Inc?

Ahepapenelope 35 Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ahepapenelope 35 Ii Inc

Ahepapenelope 35 Ii 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 low-income housing, specifically catering to the elderly population. By constructing and managing such a community, Ahepapenelope 35 Ii Inc aims to make housing more accessible and affordable for those who may be struggling financially, ensuring that the elderly population has a secure and comfortable living environment.

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Impact




October, 2024

Ahepapenelope 35 Ii Inc plays a crucial role in addressing the affordable housing crisis by constructing and operating an apartment community specifically designed for low-income elderly individuals. By providing safe and affordable housing options, the organization helps to enhance the quality of life for seniors in Bloomington, MN, ensuring that they have access to essential services and a supportive community environment. This initiative not only alleviates the financial burden on low-income elderly residents but also promotes social inclusion and stability, contributing positively to the overall well-being of the community.




This information is meant to be a general summary of Ahepapenelope 35 Ii 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
$318,581 (2022)
Expenses
$421,439 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $62
  • Program Service Revenue: $314,892
  • Gross Receipts: $318,581

Assets and Liabilities:

  • Total Assets: $3,154,335
  • Total Liabilities: $53,995
  • Net Assets: $3,100,340

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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

$177,030

RENTAL INCOME

Revenue

$137,862

Organization Details

Founding Year

2007

Principal Officer

Margaret Sperides

Main Address

10619 BEARD AVENUE SOUTH, BLOOMINGTON, MN, 55431

NTEE Category

Code: L22 - Housing

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