Civic Intelligence

Ahepa 39 Inc.

990 • Fiscal year 2023 • EIN 22-3210357

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 13, 2024

40 Buttonwood AveHaverhill, MA 01830

(978) 469-0276

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.04x

Higher debt load relative to assets than 43% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.17x

Higher debt load relative to revenue than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

24th percentile

-9.0%

Higher net margin than 24% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

28th percentile

-2.3%

Faster asset growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

49th percentile

6.0%

Faster revenue growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,255,967

Down $52,728 (-2.3%) from 2022

Net Assets

Down

$2,169,773

Down $45,827 (-2.1%) from 2022

Liabilities

Down

$86,194

Down $6,901 (-7.4%) from 2022

Revenue

Up

$510,365

Up $28,667 (+6.0%) from 2022

Expenses

Down

$556,192

Down $83,172 (-13%) from 2022

Net Income

Up

-$45,827

Up $111,839 (+71%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,348,206Liabilities 2010: $51,327Net Assets 2010: $3,296,8792010Assets 2011: $3,368,591Liabilities 2011: $129,442Net Assets 2011: $3,239,1492011Assets 2012: $3,232,388Liabilities 2012: $58,287Net Assets 2012: $3,174,1012012Assets 2013: $3,154,784Liabilities 2013: $59,399Net Assets 2013: $3,095,3852013Assets 2014: $3,068,620Liabilities 2014: $64,901Net Assets 2014: $3,003,7192014Assets 2015: $2,966,758Liabilities 2015: $57,574Net Assets 2015: $2,909,1842015Assets 2016: $2,871,673Liabilities 2016: $81,577Net Assets 2016: $2,790,0962016Assets 2017: $2,728,980Liabilities 2017: $61,426Net Assets 2017: $2,667,5542017Assets 2018: $2,645,991Liabilities 2018: $64,033Net Assets 2018: $2,581,9582018Assets 2019: $2,563,215Liabilities 2019: $69,059Net Assets 2019: $2,494,1562019Assets 2020: $2,495,095Liabilities 2020: $58,143Net Assets 2020: $2,436,9522020Assets 2021: $2,455,377Liabilities 2021: $82,111Net Assets 2021: $2,373,2662021Assets 2022: $2,308,695Liabilities 2022: $93,095Net Assets 2022: $2,215,6002022Assets 2023: $2,255,967Liabilities 2023: $86,194Net Assets 2023: $2,169,7732023Assets 2024: $2,150,461Liabilities 2024: $102,526Net Assets 2024: $2,047,9352024Assets 2025: $2,038,493Liabilities 2025: $106,841Net Assets 2025: $1,931,6522025

Highlighted filing

2023

Assets$2,255,967
Liabilities$86,194
Net Assets$2,169,773

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $409,8412010Expenses 2011: $429,3112011Expenses 2012: $461,4532012Expenses 2013: $487,9652013Revenue 2014: $406,266Expenses 2014: $497,932Net Income 2014: -$91,6662014Revenue 2015: $412,036Expenses 2015: $506,571Net Income 2015: -$94,5352015Revenue 2016: $411,627Expenses 2016: $530,715Net Income 2016: -$119,0882016Revenue 2017: $416,824Expenses 2017: $539,366Net Income 2017: -$122,5422017Revenue 2018: $448,613Expenses 2018: $534,209Net Income 2018: -$85,5962018Revenue 2019: $463,161Expenses 2019: $550,963Net Income 2019: -$87,8022019Revenue 2020: $488,335Expenses 2020: $545,539Net Income 2020: -$57,2042020Revenue 2021: $480,930Expenses 2021: $544,616Net Income 2021: -$63,6862021Revenue 2022: $481,698Expenses 2022: $639,364Net Income 2022: -$157,6662022Revenue 2023: $510,365Expenses 2023: $556,192Net Income 2023: -$45,8272023Revenue 2024: $557,509Expenses 2024: $679,347Net Income 2024: -$121,8382024Revenue 2025: $568,091Expenses 2025: $684,374Net Income 2025: -$116,2832025

Highlighted filing

2023

Revenue$510,365
Expenses$556,192
Net Income-$45,827
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 13, 2024
Return Version
2022v5.0
Gross Receipts
$510,365
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$1,698,274$1,579,117▼ $119,157
Prepaid Expenses and Deferred Charges$31,520$39,816▲ $8,296
Accounts Receivable$844$26,918▲ $26,074
Cash and Non-Interest-Bearing Accounts$4,439$10,106▲ $5,667
Total Assets$2,308,695$2,255,967▼ $52,728
Other Assets Total$573,618$600,010▲ $26,392
Liabilities
Accounts Payable and Accrued Expenses$67,896$61,155▼ $6,741
Other Liabilities$21,899$22,039▲ $140
Deferred Revenue$3,300$3,000▼ $300
Total Liabilities$93,095$86,194▼ $6,901
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,085,900$4,085,900→ $0
Net Assets Without Donor Restrictions$-1,870,300$-1,916,127▼ $45,827
Total Net Assets Fund Balance$2,215,600$2,169,773▼ $45,827
Total Liabilities and Net Assets / Fund Balance$2,308,695$2,255,967▼ $52,728

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,171,713$2,543,622$3,715,335
Equipment$107,404$444,626$552,030
Land$300,000-$300,000
Other Assets Org$19,221--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$502,766
Investment Income
$3,438
Other Revenue
$4,161
Change in Net Assets
$-45,827

Audited Revenue Reconciliation

Revenue per Audited Statements
$510,365
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$510,365
Total Revenue per Form 990
$510,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$556,192
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$121,907--$121,907
Insurance$59,661--$59,661
Fees for Services Management-$55,308-$55,308
Occupancy$52,273--$52,273
All Other Expenses$28,296--$28,296
Other Expenses$20,141--$20,141
Fees for Services Accounting-$12,115-$12,115
Information Technology$5,397--$5,397
Conferences and Meetings-$2,831-$2,831
Office Expenses$1,907--$1,907
Advertising$481--$481
Travel$362--$362
Interest$1--$1
Total Functional Expenses$485,938$70,254$0$556,192

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$556,192
Total Expenses per Audited Statements$556,192
Total Expenses per Form 990$556,192
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$21,801
Other Liabilities$238
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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 a 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 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 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 form 990 and all related financial and policy information are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Ahepa 39 Inc
EIN
22-3210357
Phone
9784690276
Address
40 BUTTONWOOD AVE, HAVERHILL, MA 01830

Signing Officer

Name
James Tzitzon
Title
President
Phone
9784690276
Signed
2024-04-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Tzitzon
Formed
1993
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

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, 2022 and 2021. 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, 2023 and 2022.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1233175
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt042
IRS990/PYOtherExpensesAmt0639364
IRS990/PYOtherRevenueAmt04554
IRS990/PYProgramServiceRevenueAmt0477102
IRS990/PYRevenuesLessExpensesAmt0-157666
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0639364
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0481698
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-45827
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0502766
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, REFERENCE PART III, LINE 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03438
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0192
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05630
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt06582
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt015884
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0502766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0477102
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0476153
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0469263
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0452551
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02377835
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03438
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0192
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05630
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt06582
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt015884
IRS990ScheduleA/InvestmentIncomeCYPct00.00660
IRS990ScheduleA/InvestmentIncomePYPct00.00640
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04161
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04554
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04585
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt013442
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04028
IRS990ScheduleA/OtherIncome509Grp/TotalAmt030770
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98080
IRS990ScheduleA/PublicSupportPY509Pct00.98040
IRS990ScheduleA/PublicSupportTotal509Amt02377835
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0502766
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0477102
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0476153
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0469263
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0452551
IRS990ScheduleA/Total509Grp/TotalAmt02377835
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0510365
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0481698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0480930
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0488335
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0463161
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02424489
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01171713
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02543622
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03715335
IRS990ScheduleD/EquipmentGrp/BookValueAmt0107404
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0444626
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0552030
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0556192
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0300000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0300000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0440823
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt152333
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt287633
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt319221
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0238
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121801
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0510365
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, 2022 AND 2021. 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, 2023 AND 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01579117
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0600010
IRS990ScheduleD/TotalExpensesPerForm990Amt0556192
IRS990ScheduleD/TotalLiabilityAmt022039
IRS990ScheduleD/TotalRevenuePerForm990Amt0510365
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0510365
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0556192
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS MANAGED BY AHEPA AFFORDABLE MANAGEMENT COMPANY, INC., AN AFFILIATE OF A 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/ExplanationTxt2THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
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 FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd180
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd190
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd220
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd230
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd240
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd250
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd260
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd270
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd280
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd290
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd310

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.04$0.11$1.93$0.57$0.68$0.12
2024Detailed filing. Detailed filing data is available for this year.$2.15$0.10$2.05$0.56$0.68$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.26$0.09$2.17$0.51$0.56$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.31$0.09$2.22$0.48$0.64$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.08$2.37$0.48$0.54$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.50$0.06$2.44$0.49$0.55$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.56$0.07$2.49$0.46$0.55$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.65$0.06$2.58$0.45$0.53$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.73$0.06$2.67$0.42$0.54$0.12
2016Detailed filing. Detailed filing data is available for this year.$2.87$0.08$2.79$0.41$0.53$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.97$0.06$2.91$0.41$0.51$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.07$0.06$3.00$0.41$0.50$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$0.06$3.10$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$0.06$3.17$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.13$3.24$0.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.05$3.30$0.41