Overview
What is Ahepa 408 Inc?
Ahepa 408 Inc is a nonprofit organization dedicated to addressing the housing needs of low-income individuals. Established with the purpose of constructing, owning, and operating an affordable housing apartment community, Ahepa 408 Inc is committed to providing a home for those who may otherwise struggle to secure adequate housing. This community-focused initiative is centered in Wilmington, NC.
Is Ahepa 408 Inc legitimate?
Ahepa 408 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 408 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:
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What is the mission statement of Ahepa 408 Inc?
Ahepa 408 Inc was established with the mission to construct, manage, and operate an affordable housing apartment community. This organization's primary goal is to provide housing solutions for individuals with limited income. By constructing and operating such a community, Ahepa 408 Inc aims to contribute positively to the housing market, ensuring that affordable housing remains an option for those in need. The corporation's activities are centered around this mission, providing an affordable living space for individuals who may not otherwise have access to such accommodations.
Who is the CEO of Ahepa 408 Inc?
Edward Mayorga is the President of Ahepa 408 Inc.
What is the revenue of Ahepa 408 Inc?
Ahepa 408 Inc's revenue in 2022 was $437,524.
Who are the executives of Ahepa 408 Inc and what are their salaries?
There 8 volunteers at Ahepa 408 Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Ahepa 408 Inc?
Ahepa 408 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ahepa 408 Inc
Ahepa 408 Inc, a nonprofit organization, was established with a mission to construct, own, and manage an affordable housing apartment community. Their primary objective is to offer housing solutions for individuals with limited income, aiming to contribute positively to their living circumstances. By constructing, owning, and operating an affordable housing complex, Ahepa 408 Inc seeks to address the housing needs of a significant portion of the population who may be struggling financially.
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Impact
October, 2024
Ahepa 408 Inc plays a significant role in addressing housing needs in Wilmington, NC, by constructing, owning, and operating an affordable housing apartment community. This initiative targets low-income individuals, providing them with a stable and supportive living environment. The organization's focus on affordable housing helps to alleviate the pressures of housing insecurity that many face, thus improving the overall quality of life for residents. Ahepa 408's efforts contribute to building a more inclusive community, fostering economic stability, and promoting social well-being among its residents. Through its programs, Ahepa 408 Inc not only addresses immediate housing concerns but also lays the foundation for long-term community development and resilience.
This information is meant to be a general summary of Ahepa 408 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: $11
- Program Service Revenue: $437,362
- Gross Receipts: $437,524
Assets and Liabilities:
- Total Assets: $1,817,063
- Total Liabilities: $40,203
- Net Assets: $1,776,860
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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
$289,217
RENTAL INCOME
Revenue
$148,145
Organization Details
Founding Year
1996
Phone
(910) 793-6555Principal Officer
Edward Mayorga
Main Address
109 NORTH KERR AVENUE, WILMINGTON, NC, 28405
NTEE Category
Code: L22 - Housing
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