Ahepa-Penelope 38 Apartments Inc.
Ahepa-Penelope 38 Apartments Inc.
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About this organization
Revenue
$431,582
Expenses
$410,536
Mission
Ahepa - Penelope 38 Apartments, Inc. is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of Iowa. The corporation was organized to construct, own and operate a 53-unit apartment community in Ankeny, Iowa, known as Ahepa - Penelope 38 Apartments, pursuant to Section 202 of the National Affordable Housing Act, as amended. The sponsor of the corporation is Ahepa National Housing Corporation.
About
Ahepa - Penelope 38 Apartments, Inc. is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of Iowa. The corporation was organized to construct, own and operate a 53-unit apartment community in Ankeny, Iowa, known as Ahepa - Penelope 38 Apartments, pursuant to Section 202 of the National Affordable Housing Act, as amended. The sponsor of the corporation is Ahepa National Housing Corporation.
Interesting data from their 2020 990 filing
The non-profit's mission is outlined in the filing as being “Ahepa - penelope 38 apartments, inc. is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of iowa. the corporation was organized to construct, own and operate a 53-unit apartment community in ankeny, iowa, known as ahepa - penelope 38 apartments, pursuant to section 202 of the national affordable housing act, as amended. the sponsor of the corporation is ahepa national housing corporation.”.
When detailing its duties, they were outlined as: “Ahepa - penelope 38 apartments, inc. is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of iowa. the corporation was organized to construct, own and operate a 53-unit apartment community in ankeny, iowa, known as ahepa - penelope 38 apartments, pursuant to section 202 of the national affordable housing act, as amended. the sponsor of the corporation is ahepa national housing corporation.”.
- The state in which the non-profit operates has been officially reported as IA.
- The filing reveals the non-profit's address in 2020 to be 717 NE 5TH STREET, ANKENY, IA, 50021.
- The non-profit's form for the year 2020 reports a total of 0 employees on their payroll.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $21,046.
- The organization has 9 independent voting members.
- The organization was formed in 1995.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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