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Ahepa 110-Iii Inc

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

EIN: 753030804 ✦ Norwich, CT ✦ Designated as a 501(c)(3)

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Overview

What is Ahepa 110-Iii Inc?

Ahepa 110-III Inc is a nonprofit organization dedicated to constructing, owning, and operating an affordable housing apartment community primarily for elderly individuals with low income. By providing such facilities, they aim to address the housing needs of this demographic, thereby contributing to their overall well-being.

Is Ahepa 110-Iii Inc legitimate?

Ahepa 110-Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahepa 110-Iii 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 110-Iii Inc?

Ahepa 110-III Inc was established with the mission to construct, manage, and operate an affordable housing apartment community. This mission is primarily focused on providing housing solutions for the elderly with low income. In simpler terms, the corporation aims to create and maintain an affordable living space for the elderly who are financially disadvantaged. This initiative is designed to ensure that elderly individuals have access to decent and affordable housing, thereby improving their quality of life.

Who is the CEO of Ahepa 110-Iii Inc?

John Grossomanides is the President of Ahepa 110-Iii Inc.

What is the revenue of Ahepa 110-Iii Inc?

Ahepa 110-Iii Inc's revenue in 2022 was $417,798.

Who are the executives of Ahepa 110-Iii Inc and what are their salaries?

There 12 volunteers at Ahepa 110-Iii Inc.


Here are 12 key members and their salaries:


John Grossomanides (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Petros (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Panayotis Patsouris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Maistrelis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Louziotis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony J Valace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Democles Angelopoulous (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Booth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Daniska (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna-Helene Grossomanides (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter J Hominski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Christodlous (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ahepa 110-Iii Inc?

Ahepa 110-Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ahepa 110-Iii Inc

Ahepa 110-III Inc, as an organization, was established with the mission to construct, own, and operate an affordable housing apartment community. This mission is centered around providing residential solutions for the elderly population who fall under the low-income bracket. The corporation's objective is to create a living space that caters to the needs of this specific demographic, ensuring they have access to affordable housing.

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Impact




October, 2024

Ahepa 110-Iii Inc significantly impacts the community by providing affordable housing solutions tailored specifically for low-income elderly individuals. By constructing, owning, and operating an apartment community in Norwich, CT, the organization addresses the critical need for accessible housing for senior citizens facing financial challenges.

This initiative not only creates a safe and supportive living environment but also fosters a sense of community among residents. It enables elderly individuals to maintain their independence while ensuring they have access to essential resources and support services. By prioritizing affordable housing for this vulnerable demographic, Ahepa 110-Iii Inc plays a vital role in enhancing the quality of life for seniors, promoting social inclusivity, and contributing to the overall wellbeing of the community.




This information is meant to be a general summary of Ahepa 110-Iii 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
$417,798 (2022)
Expenses
$524,967 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24
  • Program Service Revenue: $416,570
  • Gross Receipts: $417,798

Assets and Liabilities:

  • Total Assets: $2,647,292
  • Total Liabilities: $42,274
  • Net Assets: $2,605,018

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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

$253,304

RENTAL INCOME

Revenue

$163,266

Organization Details

Founding Year

2002

Principal Officer

John Grossomanides

Main Address

340 HAMILTON AVENUE, NORWICH, CT, 06360

NTEE Category

Code: U20 - Science research

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