Overview
What is Ahepa 192-Ii Inc?
Ahepa 192-Ii Inc is a nonprofit organization established in accordance with Iowa's not-for-profit laws. Their primary objective is to construct, own, and manage an affordable housing apartment complex named Ahepa 192-ii Apartments in Ankeny, Iowa. This project aligns with Section 202 of the National Affordable Housing Act. The project sponsor is Ahepa National Housing Corporation, highlighting the organization's commitment to providing affordable living solutions.
Is Ahepa 192-Ii Inc legitimate?
Ahepa 192-Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 192-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.
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What is the mission statement of Ahepa 192-Ii Inc?
Ahepa 192-Ii Inc., a not-for-profit organization, was established with the primary objective of constructing, owning, and operating an affordable housing apartment community. The corporation's mission is centered around providing affordable living spaces for individuals in need, as per the National Affordable Housing Act. The project, known as Ahepa 192-ii apartments, is a 46-unit complex in Ankeny, Iowa, overseen by Ahepa National Housing Corporation, serving as the sponsor of the corporation.
Who is the CEO of Ahepa 192-Ii Inc?
James Karthan is the President of Ahepa 192-Ii Inc.
What is the revenue of Ahepa 192-Ii Inc?
Ahepa 192-Ii Inc's revenue in 2022 was $403,960.
Who are the executives of Ahepa 192-Ii Inc and what are their salaries?
There 11 volunteers at Ahepa 192-Ii Inc.
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Where can I find the form 990 for Ahepa 192-Ii Inc?
Ahepa 192-Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ahepa 192-Ii Inc
Ahepa 192-II Inc, a not-for-profit organization, was established with the mission to construct, own, and operate an affordable housing apartment community. This corporation, in line with its mission, aimed to develop a 46-unit apartment complex in Ankeny, Iowa, under Section 202 of the National Affordable Housing Act. The sponsor overseeing this project is Ahepa National Housing Corporation. The primary goal of Ahepa 192-II Inc is to provide affordable housing solutions, contributing to the well-being and stability of its community members.
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Impact
October, 2024
Ahepa 192-Ii Inc significantly impacts the community by providing affordable housing options in Ankeny, Iowa. By constructing and operating a 46-unit apartment community, the organization addresses the critical need for accessible living spaces, particularly for those who may struggle to find affordable accommodations in the area. This not only contributes to housing stability for residents but also fosters a sense of community and belonging.
The establishment of Ahepa 192-II Apartments enhances local socioeconomic diversity, allowing individuals and families to thrive without the burden of exorbitant housing costs. By supporting residents with affordable living arrangements, Ahepa 192-Ii Inc plays a vital role in improving overall quality of life, promoting social equity, and ensuring that the community remains inclusive and accessible to all its members.
This information is meant to be a general summary of Ahepa 192-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.
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: $379,977
- Gross Receipts: $403,960
Assets and Liabilities:
- Total Assets: $1,766,940
- Total Liabilities: $53,765
- Net Assets: $1,713,175
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$197,428
TENANT ASSISTANCE HUD
Revenue
$182,549
Organization Details
Founding Year
1999
Phone
(515) 964-0164Principal Officer
James Karthan
Main Address
202 SE 30TH ST, ANKENY, IA, 50021
NTEE Category
Code: L21 - Housing
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