Overview
What is Ahepa 302 Inc?
Ahepa 302 Inc is a California-based nonprofit organization, established with the intention of constructing, owning, and operating an affordable housing apartment community in San Bernardino. This community, named Ahepa 302 Senior Housing, is developed in accordance with Section 202 of the National Affordable Housing Act. The initiative is spearheaded by Ahepa National Housing Corporation, serving as the project's sponsor.
Is Ahepa 302 Inc legitimate?
Ahepa 302 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 302 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 302 Inc?
Ahepa 302 Inc, a not-for-profit corporation, was established with the objective of constructing, owning, and managing an affordable housing apartment community. The corporation's primary goal is to provide affordable housing, as outlined in the National Affordable Housing Act. Located in California, the organization is overseen by Ahepa National Housing Corporation, serving as its sponsor. The mission of Ahepa 302 Inc is centered around making affordable housing a reality, contributing to the well-being of individuals and families in need.
What is the revenue of Ahepa 302 Inc?
Ahepa 302 Inc's revenue in 2024 was $897,941.
Who are the executives of Ahepa 302 Inc and what are their salaries?
There 11 volunteers at Ahepa 302 Inc.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Ahepa 302 Inc?
Ahepa 302 Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Ahepa 302 Inc
Ahepa 302 Inc, a California-based not-for-profit organization, was established with a clear mission. Their primary goal is to construct, own, and manage an affordable housing apartment community. This mission is in line with Section 202 of the National Affordable Housing Act, aiming to provide a living space for seniors in need. The corporation serves as a sponsor for this project, named Ahepa 302 Senior Housing, in San Bernardino, California. By focusing on affordable housing, Ahepa 302 Inc aims to contribute to the well-being of its community, providing seniors with a secure and affordable living environment.
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Impact
October, 2024
Ahepa 302 Inc has made a significant impact by constructing and operating a 90-unit affordable housing apartment community in San Bernardino, California. This initiative addresses the critical need for affordable housing for seniors, providing a stable and comfortable living environment for older adults in the region.
By focusing on affordable housing, Ahepa 302 Inc not only enhances the quality of life for its residents but also fosters a sense of community among seniors. The provision of accessible housing options contributes to their overall well-being, allowing them to maintain independence while having essential services and support available.
Additionally, this initiative aligns with broader objectives of increasing affordable housing availability, thereby helping to alleviate housing shortages in urban areas. Ahepa 302 Inc plays a vital role in promoting inclusive housing solutions that respond to the needs of vulnerable populations, ensuring that seniors can age in place with dignity and security.
This information is meant to be a general summary of Ahepa 302 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 2024.
- Investment Income: $19,309
- Program Service Revenue: $871,398
- Gross Receipts: $897,941
Assets and Liabilities:
- Total Assets: $7,825,867
- Total Liabilities: $225,378
- Net Assets: $7,600,489
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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
$517,981
RENTAL INCOME
Revenue
$353,417
Organization Details
Founding Year
2005
Principal Officer
Anastasios George Pallas
NTEE Category
Code: L22 - Housing
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