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Ahepa 78 Phase Iv Inc

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

EIN: 352104146 ✦ Merrillville, IN ✦ Designated as a 501(c)(3)

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Overview

What is Ahepa 78 Phase Iv Inc?

Ahepa 78 Phase Iv Inc is a not-for-profit organization, established in accordance with Indiana's not-for-profit laws. Their primary mission is to construct, own, and operate an affordable housing apartment community in Merrillville, Indiana, named Ahepa 78 Phase Iv Apartments. This project falls under Section 202 of the National Affordable Housing Act. The sponsor of this organization is Ahepa National Housing Corporation, which plays a crucial role in the initiative.

Is Ahepa 78 Phase Iv Inc legitimate?

Ahepa 78 Phase Iv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 78 Phase Iv 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 78 Phase Iv Inc?

Ahepa 78 Phase Iv Inc, a not-for-profit organization, was established with the goal of constructing, owning, and operating an affordable housing apartment community. The corporation's primary objective is to provide affordable living spaces for individuals, adhering to Section 202 of the National Affordable Housing Act. The sponsor of this initiative is Ahepa National Housing Corporation.

Who is the CEO of Ahepa 78 Phase Iv Inc?

Leon Stath is the President of Ahepa 78 Phase Iv Inc.

What is the revenue of Ahepa 78 Phase Iv Inc?

Ahepa 78 Phase Iv Inc's revenue in 2022 was $410,461.

Who are the executives of Ahepa 78 Phase Iv Inc and what are their salaries?

There 11 volunteers at Ahepa 78 Phase Iv Inc.


Here are 11 key members and their salaries:


Louis Bravos (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Gianikos (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Coil Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominic Perez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelika Magrames (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Domoras (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Farver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Stath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Murdakes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Strogouiludis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikolaos F Fitousis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ahepa 78 Phase Iv Inc?

Ahepa 78 Phase Iv Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ahepa 78 Phase Iv Inc

Ahepa 78 Phase Iv Inc, a not-for-profit corporation, was established with a mission to construct, own, and operate an affordable housing apartment community. The organization was organized under the not-for-profit statutes of Indiana and aims to accomplish this mission by developing a 50-unit apartment complex, known as Ahepa 78 Iv apartments, in accordance with Section 202 of the National Affordable Housing Act. The sponsor backing this initiative is Ahepa National Housing Corporation, demonstrating a commitment to providing affordable housing options for its community.

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Impact




October, 2024

Ahepa 78 Phase IV Inc has a significant impact on the community by providing affordable housing options in Merrillville, Indiana. By constructing and operating a 50-unit apartment community, known as Ahepa 78 IV apartments, the organization addresses the pressing need for accessible and economically viable living spaces for individuals and families. This initiative not only enhances the quality of life for residents but also contributes to the overall stability of the local community by fostering diverse and inclusive neighborhoods.

Moreover, the organization's commitment to affordable housing aligns with national efforts to support vulnerable populations, ensuring that those in need have a safe and dignified place to live. Through its operations, Ahepa 78 Phase IV Inc promotes social well-being, economic opportunities, and community development, playing a vital role in enhancing the fabric of Merrillville.




This information is meant to be a general summary of Ahepa 78 Phase Iv 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
$410,461 (2022)
Expenses
$470,611 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15
  • Program Service Revenue: $408,598
  • Gross Receipts: $410,461

Assets and Liabilities:

  • Total Assets: $2,198,779
  • Total Liabilities: $54,195
  • Net Assets: $2,144,584

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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

$244,675

RENTAL INCOME

Revenue

$163,923

Organization Details

Founding Year

2000

Principal Officer

Leon Stath

Main Address

1950 W 79TH PLACE, MERRILLVILLE, IN, 46410

NTEE Category

Code: P75 - Human services

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