Civic Intelligence

Ahepa 110 Inc.

990 • Fiscal year 2025 • EIN 06-1160495

Jul 01, 2024 to Jun 30, 2025 • Filed on Mar 08, 2026

Organization ProfileN/A
110 Pukallus AveNorwich, CT 06360

(860) 823-1131

Siviq Scores

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

Liabilities / Assets

98th percentile

1.78x

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

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

95th percentile

3.39x

Higher debt load relative to revenue than 95% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

49th percentile

4.5%

Higher net margin than 49% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

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

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

23rd percentile

-4.0%

Faster asset growth than 23% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

45th percentile

3.9%

Faster revenue growth than 45% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$1,329,743

Down $55,508 (-4.0%) from 2024

Net Assets

Up

-$1,031,534

Up $31,390 (+3.0%) from 2024

Liabilities

Down

$2,361,277

Down $86,898 (-3.5%) from 2024

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin49th percentile

Revenue

Up

$695,774

Up $25,908 (+3.9%) from 2024

Expenses

Up

$664,384

Up $27,366 (+4.3%) from 2024

Net Income

Down

$31,390

Down $1,458 (-4.4%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$4.0M$2.0M$0-$2.0MAssets 2010: $1,603,567Liabilities 2010: $2,224,535Net Assets 2010: -$620,9682010Assets 2011: $1,547,432Liabilities 2011: $2,184,936Net Assets 2011: -$637,5042011Assets 2012: $2,488,513Liabilities 2012: $3,157,425Net Assets 2012: -$668,9122012Assets 2013: $2,391,931Liabilities 2013: $3,051,363Net Assets 2013: -$659,4322013Assets 2014: $2,340,546Liabilities 2014: $3,074,297Net Assets 2014: -$733,7512014Assets 2015: $2,187,069Liabilities 2015: $2,986,254Net Assets 2015: -$799,1852015Assets 2016: $2,036,549Liabilities 2016: $2,968,794Net Assets 2016: -$932,2452016Assets 2017: $1,807,127Liabilities 2017: $2,829,793Net Assets 2017: -$1,022,6662017Assets 2018: $1,712,829Liabilities 2018: $2,777,563Net Assets 2018: -$1,064,7342018Assets 2019: $1,601,289Liabilities 2019: $2,705,438Net Assets 2019: -$1,104,1492019Assets 2020: $1,527,276Liabilities 2020: $2,613,154Net Assets 2020: -$1,085,8782020Assets 2021: $1,485,974Liabilities 2021: $2,564,438Net Assets 2021: -$1,078,4642021Assets 2022: $1,419,019Liabilities 2022: $2,540,584Net Assets 2022: -$1,121,5652022Assets 2023: $1,466,436Liabilities 2023: $2,562,208Net Assets 2023: -$1,095,7722023Assets 2024: $1,385,251Liabilities 2024: $2,448,175Net Assets 2024: -$1,062,9242024Assets 2025: $1,329,743Liabilities 2025: $2,361,277Net Assets 2025: -$1,031,5342025

Highlighted filing

2025

Assets$1,329,743
Liabilities$2,361,277
Net Assets-$1,031,534
Open 2025 Filing

Operations Trend

Revenue Growth45th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $557,9602010Expenses 2011: $559,6722011Expenses 2012: $566,3472012Revenue 2013: $539,480Expenses 2013: $530,000Net Income 2013: $9,4802013Revenue 2014: $521,462Expenses 2014: $595,781Net Income 2014: -$74,3192014Revenue 2015: $542,989Expenses 2015: $608,423Net Income 2015: -$65,4342015Revenue 2016: $547,797Expenses 2016: $680,857Net Income 2016: -$133,0602016Revenue 2017: $537,023Expenses 2017: $627,444Net Income 2017: -$90,4212017Revenue 2018: $571,512Expenses 2018: $613,580Net Income 2018: -$42,0682018Revenue 2019: $572,448Expenses 2019: $611,863Net Income 2019: -$39,4152019Revenue 2020: $609,759Expenses 2020: $591,488Net Income 2020: $18,2712020Revenue 2021: $598,482Expenses 2021: $591,068Net Income 2021: $7,4142021Revenue 2022: $612,273Expenses 2022: $655,374Net Income 2022: -$43,1012022Revenue 2023: $677,541Expenses 2023: $651,748Net Income 2023: $25,7932023Revenue 2024: $669,866Expenses 2024: $637,018Net Income 2024: $32,8482024Revenue 2025: $695,774Expenses 2025: $664,384Net Income 2025: $31,3902025

Highlighted filing

2025

Revenue$695,774
Expenses$664,384
Net Income$31,390
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 8, 2026
Return Version
2024v5.5
Gross Receipts
$695,774
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$890,761$811,974▼ $78,787
Prepaid Expenses and Deferred Charges$52,714$71,773▲ $19,059
Accounts Receivable$10,191$2,795▼ $7,396
Total Assets$1,385,251$1,329,743▼ $55,508
Other Assets Total$431,585$443,201▲ $11,616
Liabilities
Unsecured Notes Loans Payable$2,357,703$2,298,856▼ $58,847
Accounts Payable and Accrued Expenses$65,111$42,016▼ $23,095
Other Liabilities$20,808$19,570▼ $1,238
Deferred Revenue$4,553$835▼ $3,718
Total Liabilities$2,448,175$2,361,277▼ $86,898
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,062,924$-1,031,534▲ $31,390
Total Net Assets Fund Balance$-1,062,924$-1,031,534▲ $31,390
Total Liabilities and Net Assets / Fund Balance$1,385,251$1,329,743▼ $55,508

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$649,172$3,166,327$3,815,499
Land$160,000-$160,000
Other Land Buildings$2,802$105,964$108,766
Other Assets Org$101--
Compensation and Service Providers
Top Officer Pay42nd percentile

Board Members and Trustees

NameTitle
John GrossomanidesPresident
Democles AngelopoulosVice President
Anna-helene GrossomanidesDirector
Charlie ChristodlousDirector
Christos ValkanosDirector
John ZourzoukisDirector
Peter J HominskiDirector
Sean RyanDirector
Stamatios LahaniatisDirector
Theodore DaniskaDirector
Tony PetrosDirector
Panayotis PatsourisSecretary
George MaistrelisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$691,923
Investment Income
$1,876
Other Revenue
$1,975
Change in Net Assets
$31,390

Audited Revenue Reconciliation

Revenue per Audited Statements
$695,774
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$695,774
Total Revenue per Form 990
$695,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$664,384
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
Interest$113,609--$113,609
Insurance$111,568--$111,568
Depreciation Depletion$99,980--$99,980
Occupancy$51,980--$51,980
Fees for Services Management-$37,355-$37,355
All Other Expenses$14,585--$14,585
Fees for Services Accounting-$11,534-$11,534
Other Expenses$7,334--$7,334
Information Technology$7,127--$7,127
Advertising$3,368--$3,368
Conferences and Meetings-$3,267-$3,267
Office Expenses$823--$823
Fees for Services Legal$438--$438
Travel$59--$59
Total Functional Expenses$612,228$52,156$0$664,384

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$664,384
Total Expenses per Audited Statements$664,384
Total Expenses per Form 990$664,384
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
Deposits$19,570
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 3

“The corporation is managed by ahepa affordable management company, inc., an affiliate of ahepa national housing corporation. Ahepa affordable management company, inc. Has a project owner's and management agent's certification for multifamily housing projects with the us department of housing and urban development (hud). Under this certification, hud has approved ahepa affordable management company, inc to manage the underlying project of the corporation. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and outgoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.”

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

“The directors of the corporation shall, at all times be, limited to individuals who are either members of ahepa national housing corporation, the sponsoring organization, or nonmembers who have the approval of the board of directors of the said sponsoring organization. If a director ceases to be a member of ahepa national housing corporation or if the aforementioned approval is withdrawn, then in either event, such shall constitute automatic resignation as a member and director of the corporation.”

Form 990, Part VI, Section B, Line 11B

“The irs form 990 is initially reviewed by the management company and then provided to the board of directors for review and final approval before filing the return.”

Form 990, Part VI, Section C, Line 19

“The organization makes available all documents required by law.”

Filing and Contact Details

Filer

Filer Name
Ahepa 110 Inc
EIN
06-1160495
Phone
8608231131
Address
110 PUKALLUS AVE, NORWICH, CT 06360

Signing Officer

Name
John Grossomanides
Title
President
Phone
8608231131
Signed
2026-03-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Grossomanides
Formed
1986
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Clark Schaefer Hackett & Co
Address
14 EAST MAIN STREET SUITE 500, SPRINGFIELD, OH 45502
Preparer
Renea R Irick
Phone
9373992000
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“The process is consistent with prior years.”

Financial Statement Notes

PART X, LINE 2:

“No provision or benefit for income taxes has been included in these financial statements since the organization was organized as a not-for-profit corporation and has secured tax exempt status under section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the years ended june 30, 2025 and 2024. The organization has determined that all income tax filing positions would be sustained upon examination and accordingly, the organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions pursuant to asc 740 income taxes as of june 30, 2025 and 2024.”

Raw XML AppendixShowing 400 of 1,080 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/TitleTxt1VICE PRESIDENT
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IRS990/InsuranceGrp/TotalAmt0111568
IRS990/InterestGrp/ProgramServicesAmt0113609
IRS990/InterestGrp/TotalAmt0113609
IRS990/InvestmentIncomeGrp/ExclusionAmt01876
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01876
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03272291
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0890761
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0811974
IRS990/LandBldgEquipCostOrOtherBssAmt04084265
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1062924
IRS990/NetAssetsOrFundBalancesEOYAmt0-1031534
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1062924
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1031534
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt051980
IRS990/OccupancyGrp/TotalAmt051980
IRS990/OfficeExpensesGrp/ProgramServicesAmt0823
IRS990/OfficeExpensesGrp/TotalAmt0823
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0431585
IRS990/OtherAssetsTotalGrp/EOYAmt0443201
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT EXPENSE STAF
IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc2CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ProgramServicesAmt0136738
IRS990/OtherExpensesGrp/ProgramServicesAmt138702
IRS990/OtherExpensesGrp/ProgramServicesAmt225917
IRS990/OtherExpensesGrp/ProgramServicesAmt37334
IRS990/OtherExpensesGrp/TotalAmt0136738
IRS990/OtherExpensesGrp/TotalAmt138702
IRS990/OtherExpensesGrp/TotalAmt225917
IRS990/OtherExpensesGrp/TotalAmt37334
IRS990/OtherLiabilitiesGrp/BOYAmt020808
IRS990/OtherLiabilitiesGrp/EOYAmt019570
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01975
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01975
IRS990/OtherRevenueTotalAmt01975
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt052714
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt071773
IRS990/PrincipalOfficerNm0JOHN GROSSOMANIDES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0475321
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1216602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0475321
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1216602
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01496
IRS990/PYOtherExpensesAmt0637018
IRS990/PYOtherRevenueAmt03071
IRS990/PYProgramServiceRevenueAmt0665299
IRS990/PYRevenuesLessExpensesAmt032848
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0637018
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0669866
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt031390
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0691923
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01876
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01496
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0328
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt065
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03771
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0691923
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0665299
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0609026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0610371
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0595967
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03172586
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01876
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01496
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0328
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt065
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03771
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01975
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03071
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt068509
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01574
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02450
IRS990ScheduleA/OtherIncome509Grp/TotalAmt077579
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97500
IRS990ScheduleA/PublicSupportPY509Pct00.97040
IRS990ScheduleA/PublicSupportTotal509Amt03172586
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0691923
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0665299
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0609026
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0610371
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0595967
IRS990ScheduleA/Total509Grp/TotalAmt03172586
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0695774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0669866
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0677541
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0612273
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0598482
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03253936
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0649172
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03166327
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03815499
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0664384
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0160000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0160000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0120142
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt129842
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2293116
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3101
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02802
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0105964
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0108766
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019570
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0695774
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO PROVISION OR BENEFIT FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS SINCE THE ORGANIZATION WAS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION AND HAS SECURED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. THE ORGANIZATION HAS DETERMINED THAT ALL INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS PURSUANT TO ASC 740 INCOME TAXES AS OF JUNE 30, 2025 AND 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0811974
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0443201
IRS990ScheduleD/TotalExpensesPerForm990Amt0664384
IRS990ScheduleD/TotalLiabilityAmt019570
IRS990ScheduleD/TotalRevenuePerForm990Amt0695774
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0695774
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0664384
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS MANAGED BY AHEPA AFFORDABLE MANAGEMENT COMPANY, INC., AN AFFILIATE OF AHEPA NATIONAL HOUSING CORPORATION. AHEPA AFFORDABLE MANAGEMENT COMPANY, INC. HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). UNDER THIS CERTIFICATION, HUD HAS APPROVED AHEPA AFFORDABLE MANAGEMENT COMPANY, INC TO MANAGE THE UNDERLYING PROJECT OF THE CORPORATION. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND OUTGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS OF THE CORPORATION SHALL, AT ALL TIMES BE, LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF AHEPA NATIONAL HOUSING CORPORATION, THE SPONSORING ORGANIZATION, OR NONMEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF THE SAID SPONSORING ORGANIZATION. IF A DIRECTOR CEASES TO BE A MEMBER OF AHEPA NATIONAL HOUSING CORPORATION OR IF THE AFOREMENTIONED APPROVAL IS WITHDRAWN, THEN IN EITHER EVENT, SUCH SHALL CONSTITUTE AUTOMATIC RESIGNATION AS A MEMBER AND DIRECTOR OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE IRS FORM 990 IS INITIALLY REVIEWED BY THE MANAGEMENT COMPANY AND THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND FINAL APPROVAL BEFORE FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES AVAILABLE ALL DOCUMENTS REQUIRED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS IS CONSISTENT WITH PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,329,743
Liabilities
$2,361,277
Net assets
-$1,031,534
Revenue
$695,774
Expenses
$664,384
Net income
$31,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.33$2.36$1.03$0.70$0.66$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.39$2.45$1.06$0.67$0.64$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.47$2.56$1.10$0.68$0.65$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.42$2.54$1.12$0.61$0.66$0.04
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.49$2.56$1.08$0.60$0.59$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$2.61$1.09$0.61$0.59$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$2.71$1.10$0.57$0.61$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$2.78$1.06$0.57$0.61$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$2.83$1.02$0.54$0.63$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.04$2.97$0.93$0.55$0.68$0.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$2.99$0.80$0.54$0.61$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.34$3.07$0.73$0.52$0.60$0.07
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.39$3.05$0.66$0.54$0.53$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$3.16$0.67$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$2.18$0.64$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$2.22$0.62$0.56