Civic Intelligence

Ahepa-Penelope 120 Inc.

990 • Fiscal year 2016 • EIN 04-3401165

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

Organization ProfileN/A
98 Central StreetPeabody, MA 01960

(978) 531-5883

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.41x

Higher debt load relative to assets than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

12.61x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

9th percentile

-36%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

33rd percentile

-2.4%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

31st percentile

-4.7%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$3,750,968

Down $93,613 (-2.4%) from 2015

Net Assets

Down

-$1,528,163

Down $152,328 (-11%) from 2015

Liabilities

Up

$5,279,131

Up $58,715 (+1.1%) from 2015

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin9th percentile

Revenue

Down

$418,660

Down $20,535 (-4.7%) from 2015

Expenses

Down

$570,988

Down $15 (-0.0%) from 2015

Net Income

Down

-$152,328

Down $20,520 (-16%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $4,358,646Liabilities 2010: $5,248,814Net Assets 2010: -$890,1682010Assets 2011: $4,294,388Liabilities 2011: $5,247,143Net Assets 2011: -$952,7552011Assets 2012: $4,234,332Liabilities 2012: $5,245,177Net Assets 2012: -$1,010,8452012Assets 2013: $4,081,108Liabilities 2013: $5,198,373Net Assets 2013: -$1,117,2652013Assets 2014: $3,974,819Liabilities 2014: $5,218,846Net Assets 2014: -$1,244,0272014Assets 2015: $3,844,581Liabilities 2015: $5,220,416Net Assets 2015: -$1,375,8352015Assets 2016: $3,750,968Liabilities 2016: $5,279,131Net Assets 2016: -$1,528,1632016Assets 2017: $3,668,067Liabilities 2017: $5,152,118Net Assets 2017: -$1,484,0512017Assets 2018: $3,641,880Liabilities 2018: $5,159,678Net Assets 2018: -$1,517,7982018Assets 2019: $3,551,938Liabilities 2019: $5,167,309Net Assets 2019: -$1,615,3712019Assets 2020: $3,509,910Liabilities 2020: $5,177,096Net Assets 2020: -$1,667,1862020Assets 2021: $3,423,880Liabilities 2021: $705,342Net Assets 2021: $2,718,5382021Assets 2022: $3,287,106Liabilities 2022: $739,727Net Assets 2022: $2,547,3792022Assets 2023: $3,155,219Liabilities 2023: $724,959Net Assets 2023: $2,430,2602023Assets 2024: $3,061,790Liabilities 2024: $740,331Net Assets 2024: $2,321,4592024Assets 2025: $2,992,338Liabilities 2025: $731,962Net Assets 2025: $2,260,3762025

Highlighted filing

2016

Assets$3,750,968
Liabilities$5,279,131
Net Assets-$1,528,163
Open 2016 Filing

Operations Trend

Revenue Growth31st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $494,9882010Expenses 2011: $491,7882011Expenses 2012: $498,0072012Revenue 2013: $440,010Expenses 2013: $546,430Net Income 2013: -$106,4202013Revenue 2014: $442,169Expenses 2014: $568,931Net Income 2014: -$126,7622014Revenue 2015: $439,195Expenses 2015: $571,003Net Income 2015: -$131,8082015Revenue 2016: $418,660Expenses 2016: $570,988Net Income 2016: -$152,3282016Revenue 2017: $583,912Expenses 2017: $539,800Net Income 2017: $44,1122017Revenue 2018: $495,836Expenses 2018: $529,583Net Income 2018: -$33,7472018Revenue 2019: $504,045Expenses 2019: $601,618Net Income 2019: -$97,5732019Revenue 2020: $512,939Expenses 2020: $564,754Net Income 2020: -$51,8152020Revenue 2021: $517,844Expenses 2021: $608,815Net Income 2021: -$90,9712021Revenue 2022: $509,986Expenses 2022: $681,145Net Income 2022: -$171,1592022Revenue 2023: $556,870Expenses 2023: $673,989Net Income 2023: -$117,1192023Revenue 2024: $602,908Expenses 2024: $711,709Net Income 2024: -$108,8012024Revenue 2025: $646,067Expenses 2025: $707,150Net Income 2025: -$61,0832025

Highlighted filing

2016

Revenue$418,660
Expenses$570,988
Net Income-$152,328
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$418,660
Mission and Program Overview

Mission

The corporation was organized to construct, own, and operate an affordable housing apartment community.

To provide elderly low income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,609,925$3,506,035▼ $103,890
Savings and Temporary Cash Investments$213,878$231,066▲ $17,188
Prepaid Expenses and Deferred Charges$17,978$0▼ $17,978
Cash and Non-Interest-Bearing Accounts$2,800$13,867▲ $11,067
Total Assets$3,844,581$3,750,968▼ $93,613
Liabilities
Other Liabilities$4,488,987$4,488,588▼ $399
Mortgage Notes Payable Secured by Investment Property$645,200$645,200→ $0
Accounts Payable and Accrued Expenses$86,229$145,343▲ $59,114
Total Liabilities$5,220,416$5,279,131▲ $58,715
Net Assets / Fund Balance
Unrestricted Net Assets$-1,375,835$-1,528,163▼ $152,328
Total Net Assets Fund Balance$-1,375,835$-1,528,163▼ $152,328
Total Liabilities and Net Assets / Fund Balance$3,844,581$3,750,968▼ $93,613

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,900,702$1,661,063$4,561,765
Land$589,425-$589,425
Other Land Buildings$3,922$70,140$74,062
Equipment$11,986$8,030$20,016
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Elaine RicePresident
Alexis ZarkadesVice President
Ann TsapatsarisDirector
Ester CrowellDirector
George AnagnostosDirector
Irene CrockerDirector
Linda HiouDirector
Mary FranggosDirector
Mary Lou SimbatakosDirector
Nicholas ZarkadesDirector
Ruth MorfisDirector
Sharon KokorasDirector
Diane PaterakisSecretary
Joanne DresiosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$229,841
Program Service Revenue
$186,647
Investment Income
$97
Other Revenue
$2,075
Change in Net Assets
$-152,328

Audited Revenue Reconciliation

Revenue per Audited Statements
$418,660
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$418,660
Total Revenue per Form 990
$418,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$570,988
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$229,186--$229,186
Depreciation Depletion$122,439--$122,439
Fees for Services Management$45,688--$45,688
Fees for Services Accounting$11,683--$11,683
Other Expenses$7,743--$7,743
Office Expenses$5,997--$5,997
Fees for Services Legal$4,192--$4,192
Information Technology$3,151--$3,151
Conferences and Meetings$3,126--$3,126
Insurance$2,595--$2,595
Advertising$639--$639
Total Functional Expenses$570,988$0$0$570,988

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$570,988
Total Expenses per Audited Statements$570,988
Total Expenses per Form 990$570,988
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Hud Capital Advance$4,366,100
Advances From Sponsor$110,595
Tenant Security Deposits$11,893
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“FAMILY RELATIONSHIP.”

Form 990, Part VI, Section A, Line 3

“The management function is performed by ahepa management company in fishers, indiana.”

Form 990, Part VI, Section A, Line 7A

“The trustees of the corporation shall, at all times be, limited to individuals who are either members of ahepa national housing corporation, the sponsoring organization or non-members who have the approval of the board of trustees of the said sponsoring organization in the event that a trustee ceases to be a member of ahepa national housing corporation or if the afore said approval is withdrawn, then in either event, such constitutes automatic resignation as a member and trustee of the corporation.”

Form 990, Part VI, Section A, Line 8A

“The board of directors does not maintain minutes of meetings.”

Form 990, Part VI, Section A, Line 8B

“There are no committees with the authority to act on behalf of the board of directors.”

Form 990, Part VI, Section B, Line 11

“The signer of the form 990 will present it to the board of directors for approval.”

Form 990, Part VI, Section C, Line 19

“The organization makes is documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Ahepa-penelope 120 Inc
EIN
04-3401165
Phone
9785315883
Address
98 CENTRAL STREET, PEABODY, MA 01960

Signing Officer

Name
Elaine Rice
Title
President
Phone
9785315883
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elaine Rice
Formed
1998
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Whittlesey & Hadley Pc
Address
280 TRUMBULL ST 24TH FL, HARTFORD, CT 06103
Preparer
Andrew G Andrews
Phone
8605223111
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization has not changed its process during the year.”

Raw XML AppendixShowing 400 of 521 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/OccupancyGrp/TotalAmt0229186
IRS990/OfficeExpensesGrp/ProgramServicesAmt05997
IRS990/OfficeExpensesGrp/TotalAmt05997
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEES
IRS990/OtherExpensesGrp/Desc1ELDERLY SERVICES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt0115459
IRS990/OtherExpensesGrp/ProgramServicesAmt119090
IRS990/OtherExpensesGrp/ProgramServicesAmt27743
IRS990/OtherExpensesGrp/TotalAmt0115459
IRS990/OtherExpensesGrp/TotalAmt119090
IRS990/OtherExpensesGrp/TotalAmt27743
IRS990/OtherLiabilitiesGrp/BOYAmt04488987
IRS990/OtherLiabilitiesGrp/EOYAmt04488588
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/Desc1OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02032
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt143
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02032
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt143
IRS990/OtherRevenueTotalAmt02075
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017978
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ELAINE RICE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME FOR LOW
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0186647
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0186647
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt086
IRS990/PYOtherExpensesAmt0571003
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0439109
IRS990/PYRevenuesLessExpensesAmt0-131808
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0571003
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0439195
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-152328
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0188722
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0213878
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0231066
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0229841
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0234415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0242042
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0258938
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0267061
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01232297
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt097
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0124
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0220
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0649
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0186647
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0204694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0198061
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0179634
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0170905
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0939941
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt097
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt086
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0124
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0220
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0649
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02075
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01944
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01314
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01731
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07064
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99650
IRS990ScheduleA/PublicSupportPY509Pct00.99680
IRS990ScheduleA/PublicSupportTotal509Amt02172238
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0416488
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0439109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0440103
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0438572
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0437966
IRS990ScheduleA/Total509Grp/TotalAmt02172238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0418660
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0439195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0442169
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0440010
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0439917
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02179951
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02900702
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01661063
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04561765
IRS990ScheduleD/EquipmentGrp/BookValueAmt011986
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08030
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020016
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0570988
IRS990ScheduleD/LandGrp/BookValueAmt0589425
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0589425
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03922
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt070140
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt074062
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011893
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14366100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2110595
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1HUD CAPITAL ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ADVANCES FROM SPONSOR
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0418660
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03506035
IRS990ScheduleD/TotalExpensesPerForm990Amt0570988
IRS990ScheduleD/TotalLiabilityAmt04488588
IRS990ScheduleD/TotalRevenuePerForm990Amt0418660
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0418660
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0570988
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT FUNCTION IS PERFORMED BY AHEPA MANAGEMENT COMPANY IN FISHERS, INDIANA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRUSTEES OF THE CORPORATION SHALL, AT ALL TIMES BE, LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF AHEPA NATIONAL HOUSING CORPORATION, THE SPONSORING ORGANIZATION OR NON-MEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF TRUSTEES OF THE SAID SPONSORING ORGANIZATION IN THE EVENT THAT A TRUSTEE CEASES TO BE A MEMBER OF AHEPA NATIONAL HOUSING CORPORATION OR IF THE AFORE SAID APPROVAL IS WITHDRAWN, THEN IN EITHER EVENT, SUCH CONSTITUTES AUTOMATIC RESIGNATION AS A MEMBER AND TRUSTEE OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS DOES NOT MAINTAIN MINUTES OF MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SIGNER OF THE FORM 990 WILL PRESENT IT TO THE BOARD OF DIRECTORS FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES IS DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS NOT CHANGED ITS PROCESS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,750,968
Liabilities
$5,279,131
Net assets
-$1,528,163
Revenue
$418,660
Expenses
$570,988
Net income
-$152,328
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.99$0.73$2.26$0.65$0.71$0.06
2024Detailed filing. Detailed filing data is available for this year.$3.06$0.74$2.32$0.60$0.71$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.16$0.72$2.43$0.56$0.67$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.29$0.74$2.55$0.51$0.68$0.17
2021Detailed filing. Detailed filing data is available for this year.$3.42$0.71$2.72$0.52$0.61$0.09
2020Detailed filing. Detailed filing data is available for this year.$3.51$5.18$1.67$0.51$0.56$0.05
2019Detailed filing. Detailed filing data is available for this year.$3.55$5.17$1.62$0.50$0.60$0.10
2018Detailed filing. Detailed filing data is available for this year.$3.64$5.16$1.52$0.50$0.53$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.67$5.15$1.48$0.58$0.54$0.04
2016Detailed filing. Detailed filing data is available for this year.$3.75$5.28$1.53$0.42$0.57$0.15
2015Detailed filing. Detailed filing data is available for this year.$3.84$5.22$1.38$0.44$0.57$0.13
2014Detailed filing. Detailed filing data is available for this year.$3.97$5.22$1.24$0.44$0.57$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$5.20$1.12$0.44$0.55$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.23$5.25$1.01$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$5.25$0.95$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$5.25$0.89$0.49