Civic Intelligence

Ahepa 250 II Inc

EIN 22-3265024 • 501(c)3 • Waterford, CT

Profile

To provide low income elderly housing.

95 Clark LaneWaterford, CT 06385

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.03x

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

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

Liabilities / Revenue

53rd percentile

0.09x

Higher debt load relative to revenue than 53% of similar nonprofits.

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

Net Margin

61st percentile

10%

Higher net margin than 61% of similar nonprofits.

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

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

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

Asset Growth

52nd percentile

4.2%

Faster asset growth than 52% of similar nonprofits.

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

Revenue Growth

46th percentile

5.3%

Faster revenue growth than 46% of similar nonprofits.

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

Assets

Up

$2,173,272

Up $38,579 (+1.8%) from 2023

Liabilities

Down

$73,953

Down $13,571 (-16%) from 2023

Net Assets

Up

$2,099,319

Up $52,150 (+2.5%) from 2023

Revenue

Up

$809,475

Up $119,341 (+17%) from 2023

Expenses

Up

$757,325

Up $9,866 (+1.3%) from 2023

Net Income

Up

$52,150

Up $109,475 (+191%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $2,805,023Liabilities 2010: $4,016,098Net Assets 2010: -$1,211,0752010Assets 2011: $2,675,346Liabilities 2011: $4,015,723Net Assets 2011: -$1,340,3772011Assets 2012: $2,569,948Liabilities 2012: $4,024,867Net Assets 2012: -$1,454,9192012Assets 2013: $2,587,333Liabilities 2013: $4,092,843Net Assets 2013: -$1,505,5102013Assets 2014: $2,589,108Liabilities 2014: $4,210,379Net Assets 2014: -$1,621,2712014Assets 2015: $2,495,653Liabilities 2015: $4,149,980Net Assets 2015: -$1,654,3272015Assets 2016: $2,512,974Liabilities 2016: $4,168,307Net Assets 2016: -$1,655,3332016Assets 2017: $2,469,924Liabilities 2017: $4,134,377Net Assets 2017: -$1,664,4532017Assets 2018: $2,446,195Liabilities 2018: $4,097,067Net Assets 2018: -$1,650,8722018Assets 2019: $2,422,787Liabilities 2019: $4,095,965Net Assets 2019: -$1,673,1782019Assets 2020: $2,376,583Liabilities 2020: $4,025,603Net Assets 2020: -$1,649,0202020Assets 2021: $2,293,175Liabilities 2021: $54,023Net Assets 2021: $2,239,1522021Assets 2022: $2,193,128Liabilities 2022: $88,634Net Assets 2022: $2,104,4942022Assets 2023: $2,134,693Liabilities 2023: $87,524Net Assets 2023: $2,047,1692023Assets 2024: $2,173,272Liabilities 2024: $73,953Net Assets 2024: $2,099,3192024

Highlighted filing

2024

Assets$2,173,272
Liabilities$73,953
Net Assets$2,099,319

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $458,3842010Expenses 2011: $455,8012011Expenses 2012: $445,4172012Expenses 2013: $479,3102013Revenue 2014: $440,708Expenses 2014: $556,469Net Income 2014: -$115,7612014Revenue 2015: $537,805Expenses 2015: $570,861Net Income 2015: -$33,0562015Revenue 2016: $579,079Expenses 2016: $580,085Net Income 2016: -$1,0062016Revenue 2017: $595,633Expenses 2017: $604,753Net Income 2017: -$9,1202017Revenue 2018: $600,233Expenses 2018: $586,652Net Income 2018: $13,5812018Revenue 2019: $611,960Expenses 2019: $634,266Net Income 2019: -$22,3062019Revenue 2020: $640,219Expenses 2020: $616,061Net Income 2020: $24,1582020Revenue 2021: $644,876Expenses 2021: $722,704Net Income 2021: -$77,8282021Revenue 2022: $624,287Expenses 2022: $758,945Net Income 2022: -$134,6582022Revenue 2023: $690,134Expenses 2023: $747,459Net Income 2023: -$57,3252023Revenue 2024: $809,475Expenses 2024: $757,325Net Income 2024: $52,1502024

Highlighted filing

2024

Revenue$809,475
Expenses$757,325
Net Income$52,150

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.17$0.07$2.10$0.81$0.76$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.09$2.05$0.69$0.75$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.19$0.09$2.10$0.62$0.76$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.29$0.05$2.24$0.64$0.72$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.38$4.03$1.65$0.64$0.62$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.42$4.10$1.67$0.61$0.63$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.45$4.10$1.65$0.60$0.59$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.47$4.13$1.66$0.60$0.60$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.51$4.17$1.66$0.58$0.58$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.50$4.15$1.65$0.54$0.57$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.59$4.21$1.62$0.44$0.56$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$4.09$1.51$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$4.02$1.45$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$4.02$1.34$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$4.02$1.21$0.46
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 30, 2025
Return Version
2023v6.0
Gross Receipts
$809,475
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$1,479,533$1,342,477▼ $137,056
Prepaid Expenses and Deferred Charges$49,958$72,204▲ $22,246
Cash and Non-Interest-Bearing Accounts$38,701$0▼ $38,701
Accounts Receivable$1,332$1,426▲ $94
Total Assets$2,134,693$2,173,272▲ $38,579
Other Assets Total$565,169$757,165▲ $191,996
Liabilities
Accounts Payable and Accrued Expenses$60,428$44,970▼ $15,458
Other Liabilities$23,907$24,866▲ $959
Deferred Revenue$3,189$4,117▲ $928
Total Liabilities$87,524$73,953▼ $13,571
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,966,000$3,966,000→ $0
Net Assets Without Donor Restrictions$-1,918,831$-1,866,681▲ $52,150
Total Net Assets Fund Balance$2,047,169$2,099,319▲ $52,150
Total Liabilities and Net Assets / Fund Balance$2,134,693$2,173,272▲ $38,579

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,106,265$2,940,425$4,046,690
Equipment$13,212$355,865$369,077
Land$223,000-$223,000
Other Assets Org$72,843--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$792,533
Investment Income
$16,817
Other Revenue
$125
Change in Net Assets
$52,150

Audited Revenue Reconciliation

Revenue per Audited Statements
$809,475
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$809,475
Total Revenue per Form 990
$809,475
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$757,325
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$143,024--$143,024
Occupancy$100,633--$100,633
Fees for Services Management-$90,846-$90,846
Insurance$83,969--$83,969
All Other Expenses$22,444--$22,444
Other Expenses$14,576--$14,576
Fees for Services Accounting-$11,737-$11,737
Information Technology$8,273--$8,273
Office Expenses$5,775--$5,775
Fees for Services Legal$3,192--$3,192
Advertising$1,889--$1,889
Conferences and Meetings-$919-$919
Travel$223--$223
Total Functional Expenses$653,823$103,502$0$757,325

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$757,325
Total Expenses per Audited Statements$757,325
Total Expenses per Form 990$757,325
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$22,366
SPONSOR'S EQUITY CONTRIBUTION$2,500
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 2

Family relationship between e. P. Terry mitchell (president) and george mitchell (director).

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 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 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.

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
Ahepa 250-ii Inc
EIN
22-3265024
Phone
8604420078
Address
95 CLARK LANE, WATERFORD, CT 06385

Signing Officer

Name
E P Mitchell
Title
President
Phone
8604420078
Signed
2025-03-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
E P Mitchell
Formed
1993
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

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.

Raw XML AppendixShowing 400 of 1,038 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
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IRS990/Form990PartVIISectionAGrp/PersonNm5DEMETRIOS ORPHANIDES
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/OtherExpensesGrp/TotalAmt0189768
IRS990/OtherExpensesGrp/TotalAmt155595
IRS990/OtherExpensesGrp/TotalAmt224462
IRS990/OtherExpensesGrp/TotalAmt314576
IRS990/OtherLiabilitiesGrp/BOYAmt023907
IRS990/OtherLiabilitiesGrp/EOYAmt024866
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0125
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0125
IRS990/OtherRevenueTotalAmt0125
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049958
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt072204
IRS990/PrincipalOfficerNm0E P MITCHELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0564623
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1227910
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0564623
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1227910
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02691
IRS990/PYOtherExpensesAmt0747459
IRS990/PYOtherRevenueAmt0200
IRS990/PYProgramServiceRevenueAmt0687243
IRS990/PYRevenuesLessExpensesAmt0-57325
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0747459
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0690134
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt052150
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0792533
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/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt016817
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02691
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0137
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01694
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt021378
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0792533
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0687243
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0623620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0644389
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0628143
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03375928
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt016817
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02691
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0137
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01694
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt021378
IRS990ScheduleA/InvestmentIncomeCYPct00.00630
IRS990ScheduleA/InvestmentIncomePYPct00.00190
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0125
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0628
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0350
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt010382
IRS990ScheduleA/OtherIncome509Grp/TotalAmt011685
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99030
IRS990ScheduleA/PublicSupportPY509Pct00.99430
IRS990ScheduleA/PublicSupportTotal509Amt03375928
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0792533
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0687243
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0623620
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0644389
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0628143
IRS990ScheduleA/Total509Grp/TotalAmt03375928
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0809475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0690134
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0624287
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0644876
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0640219
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03408991
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01106265
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02940425
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04046690
IRS990ScheduleD/EquipmentGrp/BookValueAmt013212
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0355865
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0369077
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0757325
IRS990ScheduleD/LandGrp/BookValueAmt0223000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0223000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0415851
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt131120
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2223130
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt314221
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt472843
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OTHER RESERVES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022366
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SPONSOR'S EQUITY CONTRIBUTION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0809475
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01342477
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0757165
IRS990ScheduleD/TotalExpensesPerForm990Amt0757325
IRS990ScheduleD/TotalLiabilityAmt024866
IRS990ScheduleD/TotalRevenuePerForm990Amt0809475
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0809475
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0757325
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAMILY RELATIONSHIP BETWEEN E. P. TERRY MITCHELL (PRESIDENT) AND GEORGE MITCHELL (DIRECTOR).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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/ExplanationTxt2THE 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/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 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/ExplanationTxt6THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL 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/ExplanationTxt8THE PROCESS IS CONSISTENT WITH PRIOR YEARS.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART VII, SECTION A, LINE 1A, COLUMN B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 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

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