Civic Intelligence

Ahepa-Penelope 120 Inc.

990 • Fiscal year 2017 • EIN 04-3401165

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

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

1.40x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

8.82x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

61st percentile

7.6%

Higher net margin than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

29th percentile

-2.2%

Faster asset growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

83rd percentile

39%

Faster revenue growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$3,668,067

Down $82,901 (-2.2%) from 2016

Net Assets

Up

-$1,484,051

Up $44,112 (+2.9%) from 2016

Liabilities

Down

$5,152,118

Down $127,013 (-2.4%) from 2016

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin61st percentile

Revenue

Up

$583,912

Up $165,252 (+39%) from 2016

Expenses

Down

$539,800

Down $31,188 (-5.5%) from 2016

Net Income

Up

$44,112

Up $196,440 (+129%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth29th 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

2017

Assets$3,668,067
Liabilities$5,152,118
Net Assets-$1,484,051
Open 2017 Filing

Operations Trend

Revenue Growth83rd 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

2017

Revenue$583,912
Expenses$539,800
Net Income$44,112
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.0
Gross Receipts
$583,912
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$3,506,035$3,408,591▼ $97,444
Savings and Temporary Cash Investments$231,066$233,030▲ $1,964
Cash and Non-Interest-Bearing Accounts$13,867$16,540▲ $2,673
Prepaid Expenses and Deferred Charges$0$9,906▲ $9,906
Total Assets$3,750,968$3,668,067▼ $82,901
Liabilities
Other Liabilities$4,488,588$4,489,112▲ $524
Mortgage Notes Payable Secured by Investment Property$645,200$645,200→ $0
Accounts Payable and Accrued Expenses$145,343$17,806▼ $127,537
Total Liabilities$5,279,131$5,152,118▼ $127,013
Net Assets / Fund Balance
Unrestricted Net Assets$-1,528,163$-1,484,051▲ $44,112
Total Net Assets Fund Balance$-1,528,163$-1,484,051▲ $44,112
Total Liabilities and Net Assets / Fund Balance$3,750,968$3,668,067▼ $82,901

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,796,822$1,772,437$4,569,259
Land$589,425-$589,425
Other Land Buildings$13,351$60,192$73,543
Equipment$8,993$11,023$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
$389,706
Program Service Revenue
$192,124
Investment Income
$101
Other Revenue
$1,981
Change in Net Assets
$44,112

Audited Revenue Reconciliation

Revenue per Audited Statements
$583,912
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$583,912
Total Revenue per Form 990
$583,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$539,800
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$187,724--$187,724
Depreciation Depletion$125,985--$125,985
Fees for Services Management$64,001--$64,001
Fees for Services Accounting$11,991--$11,991
Office Expenses$5,226--$5,226
Information Technology$4,125--$4,125
Other Expenses$2,937--$2,937
Insurance$2,154--$2,154
Conferences and Meetings$28--$28
Fees for Services Legal$15--$15
Total Functional Expenses$539,800$0$0$539,800

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$539,800
Total Expenses per Audited Statements$539,800
Total Expenses per Form 990$539,800
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$12,417
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 11B

“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
2018-05-11
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 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 530 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0145343
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017806
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE ELDERLY LOW INCOME HOUSING
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AHEPA MANAGEMENT COMPANY
IRS990/BooksInCareOfDetail/PhoneNum03178453410
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010706 SKY PRAIRIE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0FISHERS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046038
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt013867
IRS990/CashNonInterestBearingGrp/EOYAmt016540
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt028
IRS990/ConferencesMeetingsGrp/TotalAmt028
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0389706
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0101
IRS990/CYOtherExpensesAmt0539800
IRS990/CYOtherRevenueAmt01981
IRS990/CYProgramServiceRevenueAmt0192124
IRS990/CYRevenuesLessExpensesAmt044112
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0539800
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0583912
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0125985
IRS990/DepreciationDepletionGrp/TotalAmt0125985
IRS990/Desc0FEDERALLY SUBSIDIZED, U.S. DEPT OF H.U.D. ELDERLY LOW-INCOME HOUSING PROJECT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0539800
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011991
IRS990/FeesForServicesAccountingGrp/TotalAmt011991
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt015
IRS990/FeesForServicesLegalGrp/TotalAmt015
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt064001
IRS990/FeesForServicesManagementGrp/TotalAmt064001
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0ELAINE RICE
IRS990/Form990PartVIISectionAGrp/PersonNm1ALEXIS ZARKADES
IRS990/Form990PartVIISectionAGrp/PersonNm2DIANE PATERAKIS
IRS990/Form990PartVIISectionAGrp/PersonNm3JOANNE DRESIOS
IRS990/Form990PartVIISectionAGrp/PersonNm4MARY FRANGGOS
IRS990/Form990PartVIISectionAGrp/PersonNm5LINDA HIOU
IRS990/Form990PartVIISectionAGrp/PersonNm6NICHOLAS ZARKADES
IRS990/Form990PartVIISectionAGrp/PersonNm7ANN TSAPATSARIS
IRS990/Form990PartVIISectionAGrp/PersonNm8GEORGE ANAGNOSTOS
IRS990/Form990PartVIISectionAGrp/PersonNm9ESTER CROWELL
IRS990/Form990PartVIISectionAGrp/PersonNm10SHARON KOKORAS
IRS990/Form990PartVIISectionAGrp/PersonNm11IRENE CROCKER
IRS990/Form990PartVIISectionAGrp/PersonNm12RUTH MORFIS
IRS990/Form990PartVIISectionAGrp/PersonNm13MARY LOU SIMBATAKOS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0389706
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0583912
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt04125
IRS990/InformationTechnologyGrp/TotalAmt04125
IRS990/InsuranceGrp/ProgramServicesAmt02154
IRS990/InsuranceGrp/TotalAmt02154
IRS990/InvestmentIncomeGrp/ExclusionAmt0101
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0101
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01843652
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03506035
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03408591
IRS990/LandBldgEquipCostOrOtherBssAmt05252243
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0TO PROVIDE LOW INCOME ELDERLY HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0645200
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0645200
IRS990/NetAssetsOrFundBalancesBOYAmt0-1528163
IRS990/NetAssetsOrFundBalancesEOYAmt0-1484051
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0187724
IRS990/OccupancyGrp/TotalAmt0187724
IRS990/OfficeExpensesGrp/ProgramServicesAmt05226
IRS990/OfficeExpensesGrp/TotalAmt05226
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEES
IRS990/OtherExpensesGrp/Desc1ELDERLY SERVICES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt0117444
IRS990/OtherExpensesGrp/ProgramServicesAmt118170
IRS990/OtherExpensesGrp/ProgramServicesAmt22937
IRS990/OtherExpensesGrp/TotalAmt0117444
IRS990/OtherExpensesGrp/TotalAmt118170
IRS990/OtherExpensesGrp/TotalAmt22937
IRS990/OtherLiabilitiesGrp/BOYAmt04488588
IRS990/OtherLiabilitiesGrp/EOYAmt04489112
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531390
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc2OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01927
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt150
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt24
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01927
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt24
IRS990/OtherRevenueTotalAmt01981
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09906
IRS990/PrincipalOfficerNm0ELAINE RICE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME FOR LOW
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0192124
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0192124
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0229841
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt097
IRS990/PYOtherExpensesAmt0570988
IRS990/PYOtherRevenueAmt02075
IRS990/PYProgramServiceRevenueAmt0186647
IRS990/PYRevenuesLessExpensesAmt0-152328
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0570988
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0418660
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt044112
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0194105
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0231066
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0233030
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0389706
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0229841
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0234415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0242042
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0258938
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01354942
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0101
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt097
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0124
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0530
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0192124
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0186647
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0204694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0198061
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0179634
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0961160
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0101
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt097
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt086
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0124
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0530
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01981
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02075
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01944
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01314
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07314
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99660
IRS990ScheduleA/PublicSupportPY509Pct00.99650
IRS990ScheduleA/PublicSupportTotal509Amt02316102
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0581830
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0416488
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0439109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0440103
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0438572
IRS990ScheduleA/Total509Grp/TotalAmt02316102
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0583912
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0418660
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0439195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0442169
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0440010
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02323946
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/BookValueAmt02796822
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01772437
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04569259
IRS990ScheduleD/EquipmentGrp/BookValueAmt08993
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011023
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020016
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0539800
IRS990ScheduleD/LandGrp/BookValueAmt0589425
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0589425
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013351
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt060192
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt073543
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012417
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/RevenueSubtotalAmt0583912
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03408591
IRS990ScheduleD/TotalExpensesPerForm990Amt0539800
IRS990ScheduleD/TotalLiabilityAmt04489112
IRS990ScheduleD/TotalRevenuePerForm990Amt0583912
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0583912
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0539800
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,668,067
Liabilities
$5,152,118
Net assets
-$1,484,051
Revenue
$583,912
Expenses
$539,800
Net income
$44,112
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