Civic Intelligence

Ahepa Dop 54 Inc.

990 • Fiscal year 2025 • EIN 20-4874218

Jul 01, 2024 to Jun 30, 2025 • Filed on Apr 21, 2026

8111 Creekbend DriveHouston, TX 77071

(713) 271-2987

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

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

Liabilities / Revenue

47th percentile

0.07x

Higher debt load relative to revenue than 47% of similar nonprofits.

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

Net Margin

15th percentile

-14%

Higher net margin than 15% 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

24th percentile

-3.5%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

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

Assets

Down

$4,362,855

Down $156,302 (-3.5%) from 2024

Net Assets

Down

$4,314,742

Down $100,573 (-2.3%) from 2024

Liabilities

Down

$48,113

Down $55,729 (-54%) from 2024

Revenue

Up

$710,704

Up $135,236 (+24%) from 2024

Expenses

Up

$811,277

Up $42,864 (+5.6%) from 2024

Net Income

Up

-$100,573

Up $92,372 (+48%) from 2024

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $5,867,564Liabilities 2011: $5,839,807Net Assets 2011: $27,7572011Assets 2012: $5,783,359Liabilities 2012: $42,043Net Assets 2012: $5,741,3162012Assets 2013: $5,687,748Liabilities 2013: $39,903Net Assets 2013: $5,647,8452013Assets 2014: $5,597,885Liabilities 2014: $51,775Net Assets 2014: $5,546,1102014Assets 2015: $5,483,376Liabilities 2015: $58,298Net Assets 2015: $5,425,0782015Assets 2016: $5,353,283Liabilities 2016: $71,637Net Assets 2016: $5,281,6462016Assets 2017: $5,210,231Liabilities 2017: $69,193Net Assets 2017: $5,141,0382017Assets 2018: $5,149,073Liabilities 2018: $199,615Net Assets 2018: $4,949,4582018Assets 2019: $4,926,025Liabilities 2019: $56,568Net Assets 2019: $4,869,4572019Assets 2020: $4,902,352Liabilities 2020: $67,238Net Assets 2020: $4,835,1142020Assets 2021: $4,834,310Liabilities 2021: $67,979Net Assets 2021: $4,766,3312021Assets 2022: $4,816,284Liabilities 2022: $130,740Net Assets 2022: $4,685,5442022Assets 2023: $4,707,903Liabilities 2023: $100,412Net Assets 2023: $4,607,4912023Assets 2024: $4,519,157Liabilities 2024: $103,842Net Assets 2024: $4,415,3152024Assets 2025: $4,362,855Liabilities 2025: $48,113Net Assets 2025: $4,314,7422025

Highlighted filing

2025

Assets$4,362,855
Liabilities$48,113
Net Assets$4,314,742

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $359,600Expenses 2011: $463,499Net Income 2011: -$103,8992011Expenses 2012: $485,1342012Expenses 2013: $519,3892013Revenue 2014: $435,295Expenses 2014: $537,030Net Income 2014: -$101,7352014Revenue 2015: $446,410Expenses 2015: $567,442Net Income 2015: -$121,0322015Revenue 2016: $452,145Expenses 2016: $595,577Net Income 2016: -$143,4322016Revenue 2017: $453,911Expenses 2017: $594,519Net Income 2017: -$140,6082017Revenue 2018: $460,459Expenses 2018: $652,039Net Income 2018: -$191,5802018Revenue 2019: $556,469Expenses 2019: $636,470Net Income 2019: -$80,0012019Revenue 2020: $614,785Expenses 2020: $649,128Net Income 2020: -$34,3432020Revenue 2021: $624,163Expenses 2021: $692,946Net Income 2021: -$68,7832021Revenue 2022: $637,119Expenses 2022: $717,906Net Income 2022: -$80,7872022Revenue 2023: $651,576Expenses 2023: $729,629Net Income 2023: -$78,0532023Revenue 2024: $575,468Expenses 2024: $768,413Net Income 2024: -$192,9452024Revenue 2025: $710,704Expenses 2025: $811,277Net Income 2025: -$100,5732025

Highlighted filing

2025

Revenue$710,704
Expenses$811,277
Net Income-$100,573
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Apr 21, 2026
Return Version
2024v5.5
Gross Receipts
$710,704
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$3,863,867$3,759,396▼ $104,471
Prepaid Expenses and Deferred Charges$59,530$54,018▼ $5,512
Cash and Non-Interest-Bearing Accounts$587$1,106▲ $519
Accounts Receivable$9,466$346▼ $9,120
Total Assets$4,519,157$4,362,855▼ $156,302
Other Assets Total$585,707$547,989▼ $37,718
Liabilities
Accounts Payable and Accrued Expenses$58,361$34,451▼ $23,910
Other Liabilities$43,926$12,411▼ $31,515
Deferred Revenue$1,555$1,251▼ $304
Total Liabilities$103,842$48,113▼ $55,729
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,415,315$4,314,742▼ $100,573
Total Net Assets Fund Balance$4,415,315$4,314,742▼ $100,573
Total Liabilities and Net Assets / Fund Balance$4,519,157$4,362,855▼ $156,302

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,287,708$2,292,100$5,579,808
Land$400,000-$400,000
Other Land Buildings$35,729$65,416$101,145
Equipment$35,959$43,563$79,522
Other Assets Org$1,938--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$654,862
Investment Income
$20,655
Other Revenue
$35,187
Change in Net Assets
$-100,573

Audited Revenue Reconciliation

Revenue per Audited Statements
$710,704
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$710,704
Total Revenue per Form 990
$710,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$811,277
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
Depreciation Depletion$160,471--$160,471
Occupancy$105,827--$105,827
Insurance$86,821--$86,821
Fees for Services Management-$51,031-$51,031
Information Technology$28,799--$28,799
All Other Expenses$28,226--$28,226
Other Expenses$14,452--$14,452
Fees for Services Accounting-$13,246-$13,246
Office Expenses$6,445--$6,445
Advertising$2,636--$2,636
Conferences and Meetings-$2,563-$2,563
Travel$47--$47
Total Functional Expenses$744,437$66,840$0$811,277

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$811,277
Total Expenses per Audited Statements$811,277
Total Expenses per Form 990$811,277
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
Security Deposit Liability$12,411
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
Yes
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 A, Line 7B

Vacancies on the board of directors shall be filled upon approval of ahepa national housing 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.

Part VII, Section A, Line 1A, Column B

All the officers, directors, and employees listed in part vii, section a, performed similar duties and have similar responsibilities for related organizations as they do for this organization. Their total hours worked per week for this organization are similar to hours worked for related organizations both in terms of number of hours worked and type of work performed.

Filing and Contact Details

Filer

Filer Name
Ahepadop 54 Inc
EIN
20-4874218
Phone
7132712987
Address
8111 CREEKBEND DRIVE, HOUSTON, TX 77071

Signing Officer

Name
Barbara Maligas
Title
President
Phone
7132712987
Signed
2026-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Maligas
Formed
2006
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

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

Form 990 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/OfficeExpensesGrp/ProgramServicesAmt06445
IRS990/OfficeExpensesGrp/TotalAmt06445
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0585707
IRS990/OtherAssetsTotalGrp/EOYAmt0547989
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT EXPENSE STAF
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0170534
IRS990/OtherExpensesGrp/ProgramServicesAmt191105
IRS990/OtherExpensesGrp/ProgramServicesAmt249074
IRS990/OtherExpensesGrp/ProgramServicesAmt314452
IRS990/OtherExpensesGrp/TotalAmt0170534
IRS990/OtherExpensesGrp/TotalAmt191105
IRS990/OtherExpensesGrp/TotalAmt249074
IRS990/OtherExpensesGrp/TotalAmt314452
IRS990/OtherLiabilitiesGrp/BOYAmt043926
IRS990/OtherLiabilitiesGrp/EOYAmt012411
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt035187
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt035187
IRS990/OtherRevenueTotalAmt035187
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt059530
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt054018
IRS990/PrincipalOfficerNm0BARBARA MALIGAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0462616
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1192246
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0462616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1192246
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt015261
IRS990/PYOtherExpensesAmt0768413
IRS990/PYOtherRevenueAmt04995
IRS990/PYProgramServiceRevenueAmt0555212
IRS990/PYRevenuesLessExpensesAmt0-192945
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0768413
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0575468
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-100573
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0654862
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020655
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt015261
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06619
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0235
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt042793
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0654862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0555212
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0639254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0632374
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0614690
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03096392
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020655
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt015261
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06619
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0235
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt042793
IRS990ScheduleA/InvestmentIncomeCYPct00.01340
IRS990ScheduleA/InvestmentIncomePYPct00.00850
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt035187
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04995
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05703
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04722
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt09238
IRS990ScheduleA/OtherIncome509Grp/TotalAmt059845
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96790
IRS990ScheduleA/PublicSupportPY509Pct00.97820
IRS990ScheduleA/PublicSupportTotal509Amt03096392
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0654862
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0555212
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0639254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0632374
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0614690
IRS990ScheduleA/Total509Grp/TotalAmt03096392
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0710704
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0575468
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0651576
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0637119
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0624163
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03199030
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03287708
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02292100
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05579808
IRS990ScheduleD/EquipmentGrp/BookValueAmt035959
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043563
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt079522
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0811277
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0400000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0400000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0447760
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt115682
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt282609
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31938
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt035729
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt065416
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0101145
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012411
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0710704
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/TotalBookValueLandBuildingsAmt03759396
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0547989
IRS990ScheduleD/TotalExpensesPerForm990Amt0811277
IRS990ScheduleD/TotalLiabilityAmt012411
IRS990ScheduleD/TotalRevenuePerForm990Amt0710704
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0710704
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0811277
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/ExplanationTxt2VACANCIES ON THE BOARD OF DIRECTORS SHALL BE FILLED UPON APPROVAL OF AHEPA NATIONAL HOUSING CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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/ExplanationTxt4THE ORGANIZATION MAKES AVAILABLE ALL DOCUMENTS REQUIRED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A, PERFORMED SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS WORKED AND TYPE OF WORK PERFORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE 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 A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VII, SECTION A, LINE 1A, COLUMN B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.36$0.05$4.31$0.71$0.81$0.10
2024Detailed filing. Detailed filing data is available for this year.$4.52$0.10$4.42$0.58$0.77$0.19
2023Detailed filing. Detailed filing data is available for this year.$4.71$0.10$4.61$0.65$0.73$0.08
2022Detailed filing. Detailed filing data is available for this year.$4.82$0.13$4.69$0.64$0.72$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$0.07$4.77$0.62$0.69$0.07
2020Detailed filing. Detailed filing data is available for this year.$4.90$0.07$4.84$0.61$0.65$0.03
2019Detailed filing. Detailed filing data is available for this year.$4.93$0.06$4.87$0.56$0.64$0.08
2018Detailed filing. Detailed filing data is available for this year.$5.15$0.20$4.95$0.46$0.65$0.19
2017Detailed filing. Detailed filing data is available for this year.$5.21$0.07$5.14$0.45$0.59$0.14
2016Detailed filing. Detailed filing data is available for this year.$5.35$0.07$5.28$0.45$0.60$0.14
2015Detailed filing. Detailed filing data is available for this year.$5.48$0.06$5.43$0.45$0.57$0.12
2014Detailed filing. Detailed filing data is available for this year.$5.60$0.05$5.55$0.44$0.54$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.69$0.04$5.65$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.78$0.04$5.74$0.49
2011Summary only. Only limited summary data is available for this year.$5.87$5.84$0.03$0.36$0.46$0.10