Overview
What is Ahepa 78 Phase Vi Inc?
Ahepa 78 Phase Vi Inc is a nonprofit organization established in accordance with Indiana's not-for-profit laws. The primary purpose of this corporation is to build, own, and manage an affordable housing apartment complex, named Ahepa 78 Phase Vi apartments, in Merrillville, Indiana. The project falls under Section 202 of the National Affordable Housing Act, and is sponsored by Ahepa National Housing Corporation.
Is Ahepa 78 Phase Vi Inc legitimate?
Ahepa 78 Phase Vi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 78 Phase Vi 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.
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What is the mission statement of Ahepa 78 Phase Vi Inc?
Ahepa 78 Phase Vi Inc was established with the primary objective of constructing, owning, and operating an affordable housing apartment community. This not-for-profit corporation, following the guidelines of the national affordable housing act, aims to provide affordable living spaces for individuals in need. Located in Merrillville, Indiana, their project, known as Ahepa 78 Phase Vi apartments, contributes to the housing market by offering affordable units. The sponsor of this corporation is Ahepa National Housing Corporation, further supporting their mission to provide affordable housing options.
Who is the CEO of Ahepa 78 Phase Vi Inc?
Leon Stath is the President of Ahepa 78 Phase Vi Inc.
What is the revenue of Ahepa 78 Phase Vi Inc?
Ahepa 78 Phase Vi Inc's revenue in 2022 was $419,251.
Who are the executives of Ahepa 78 Phase Vi Inc and what are their salaries?
There 11 volunteers at Ahepa 78 Phase Vi Inc.
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Where can I find the form 990 for Ahepa 78 Phase Vi Inc?
Ahepa 78 Phase Vi Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ahepa 78 Phase Vi Inc
Ahepa 78 Phase Vi Inc, a not-for-profit organization, was established with a mission to construct, own, and manage an affordable housing apartment community. The corporation, following the guidelines of the National Affordable Housing Act, aims to provide a 50-unit living space known as Ahepa 78 Phase Vi apartments. This mission is carried out by Ahepa National Housing Corporation, serving as the sponsor of the corporation. The primary focus of Ahepa 78 Phase Vi Inc is to offer affordable housing solutions, contributing to the broader goal of providing shelter opportunities for various individuals and families in need.
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Impact
October, 2024
Ahepa 78 Phase Vi Inc plays a crucial role in addressing the need for affordable housing in Merrillville, Indiana. By constructing, owning, and operating a 50-unit apartment community, the organization directly contributes to the availability of housing options for low-income families and individuals, fulfilling a vital social need in the area.
The establishment of Ahepa 78 Phase Vi apartments enhances community stability, allowing residents to secure safe and affordable living conditions. This initiative not only supports the well-being of its tenants but also contributes to the local economy by facilitating greater community engagement and fostering a sense of belonging. Overall, Ahepa 78 Phase Vi Inc significantly impacts the housing landscape by providing essential resources and opportunities for those in need.
This information is meant to be a general summary of Ahepa 78 Phase Vi 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 2022.
- Investment Income: $45
- Program Service Revenue: $417,583
- Gross Receipts: $419,251
Assets and Liabilities:
- Total Assets: $4,049,144
- Total Liabilities: $44,920
- Net Assets: $4,004,224
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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
$232,214
RENTAL INCOME
Revenue
$185,369
Organization Details
Founding Year
2008
Phone
(219) 769-8846Principal Officer
Leon Stath
Main Address
8050 MADISON STREET, MERRILLVILLE, IN, 46410
NTEE Category
Code: L22 - Housing
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