Ahepa 250-V Inc

Organization Overview

Ahepa 250-V Inc is located in Niantic, CT. The organization was established in 2009. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ahepa 250-V Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Ahepa 250-V Inc generated $518.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $654.9k during the year ending 06/2021. While expenses have increased by 0.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
E Peter Mitchell
President
$0
Demetrius Tasoulas
Vice President
$0
David Martin
Secretary/treasurer
$0
Nicholas Kallan
Director
$0
Aspasia Mitchell
Director
$0
George Mitchell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$518,273
Investment income $289
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $518,946

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Ahepa 250-V Inc has recieved totaling $25.

Awarding OrganizationAmount
Analog Devices Foundation

Boston, MA

PURPOSE: GENERAL SUPPORT

$25
View Grant Recipient Profile

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