Ahepa 501-11 Inc

Organization Overview

Ahepa 501-11 Inc is located in Albuquerque, NM. The organization was established in 1999. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, 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 501-11 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 06/2022, Ahepa 501-11 Inc generated $498.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $446.2k during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 7 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

2022

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
Mark Bullock
President
$0
Paul Miaris
Vice President
$0
Nick Chronis
Secretary / Treasurer
$0
Christopher Chronis
Director
$0
Steve Anagnostakos
Director
$0
John Kapuranis
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$496,702
Investment income $113
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 $498,857

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Ahepa 501-11 Inc has recieved totaling $6,550.

Awarding OrganizationAmount
Ahepa National Housing Corporation

Fishers, IN

PURPOSE: GRANT TO SUPPORT EXEMPT PURPOSE OF ORGANIZATION

$6,550
View Grant Recipient Profile

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