Liabilities / Assets
41st percentile
Higher debt load relative to assets than 41% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
35th percentile
Faster revenue growth than 35% of similar nonprofits.
Balance Sheet
Assets
Down$2,405,352
Down $236,406 (-8.9%) from 2021
Net Assets
Down$2,341,040
Down $234,760 (-9.1%) from 2021
Liabilities
Down$64,312
Down $1,646 (-2.5%) from 2021
Revenue And Expenses
Revenue
Up$451,215
Up $20,035 (+4.6%) from 2021
Expenses
Up$555,447
Up $73,723 (+15%) from 2021
Net Income
Down-$104,232
Down $53,688 (-106%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Mar 21, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $451,215
Mission and Program Overview
Mission
The corporation was organized to construct, own, and operate an affordable housing apartment community.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,220,521 | $2,133,863 | ▼ $86,658 |
| Accounts Receivable | $7,180 | $67,305 | ▲ $60,125 |
| Prepaid Expenses and Deferred Charges | $31,023 | $8,224 | ▼ $22,799 |
| Cash and Non-Interest-Bearing Accounts | $3,296 | $809 | ▼ $2,487 |
| Total Assets | $2,553,952 | $2,405,352 | ▼ $148,600 |
| Other Assets Total | $291,932 | $195,151 | ▼ $96,781 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $88,486 | $41,389 | ▼ $47,097 |
| Other Liabilities | $17,379 | $18,094 | ▲ $715 |
| Deferred Revenue | $2,711 | $4,829 | ▲ $2,118 |
| Total Liabilities | $108,576 | $64,312 | ▼ $44,264 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $3,720,200 | $3,720,200 | → $0 |
| Net Assets Without Donor Restrictions | $-1,274,824 | $-1,379,160 | ▼ $104,336 |
| Total Net Assets Fund Balance | $2,445,376 | $2,341,040 | ▼ $104,336 |
| Total Liabilities and Net Assets / Fund Balance | $2,553,952 | $2,405,352 | ▼ $148,600 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,017,935 | $1,929,951 | $3,947,886 |
| Equipment | $15,928 | $114,251 | $130,179 |
| Land | $100,000 | - | $100,000 |
| Other Assets Org | $1,248 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Charles Mackenzie | President |
| Anthony Stergianopoulos | Director |
| E P Terry Mitchell | Director |
| Frank Raptis | Director |
| George Nardone | Director |
| Georgio Stergianopoulos | Director |
| Janis M Thomas | Director |
| Keith Pavlack | Director |
| Nicos Elias | Director |
| Peter Karapelou | Director |
| Robert J Vidoni | Director |
| Ryan Mackenzie | Director |
| Theo Elias | Director |
| Lawrence Larmer | Secretary |
| Robert G Vidoni | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $443,881
- Investment Income
- $7,334
- Other Revenue
- $0
- Change in Net Assets
- $-104,232
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $451,215
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $-104
- Total Revenue per Audited Statements
- $451,111
- Total Revenue per Form 990
- $451,215
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $555,447 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $111,520 | - | - | $111,520 |
| Occupancy | $75,633 | - | - | $75,633 |
| Insurance | $46,789 | - | - | $46,789 |
| All Other Expenses | $37,697 | - | - | $37,697 |
| Fees for Services Management | - | $21,648 | - | $21,648 |
| Other Expenses | $19,258 | - | - | $19,258 |
| Fees for Services Accounting | - | $10,730 | - | $10,730 |
| Information Technology | $9,103 | - | - | $9,103 |
| Travel | $7,249 | - | - | $7,249 |
| Office Expenses | $3,557 | - | - | $3,557 |
| Conferences and Meetings | - | $921 | - | $921 |
| Interest | $195 | - | - | $195 |
| Fees for Services Legal | $15 | - | - | $15 |
| Total Functional Expenses | $522,148 | $33,299 | $0 | $555,447 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $555,447 |
| Total Expenses per Audited Statements | $555,447 |
| Total Expenses per Form 990 | $555,447 |
| 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 Item | Amount |
|---|---|
| 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
| Liability | Amount |
|---|---|
| Security Deposit Liability | $18,094 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- 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
- Yes
- 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 2
“FAMILY RELATIONSHIP”
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 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 B, Line 12C
“Review the policy on an annual basis with the board of directors to make sure that everyone is complying.”
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 60 Inc
- EIN
- 23-3087877
- Phone
- 6107988320
- Address
- 1810 SOUTH ALBERT STREET, ALLENTOWN, PA 18103
Signing Officer
- Name
- Charles Mackenzie
- Title
- President
- Phone
- 6107988320
- Signed
- 2025-03-21
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Charles Mackenzie
- Formed
- 2001
- Legal Domicile
- Pa
- Voting Board Members
- 15
- Independent Board Members
- 15
- Employees
- 0
- Volunteers
- 15
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, 2C
“This process is consistent with prior years.”
Raw XML AppendixShowing 400 of 1,093 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/AccountsReceivableGrp/EOYAmt | 0 | 67305 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. |
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 37697 |
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| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 10706 SKY PRAIRIE ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FISHERS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
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| IRS990/CollectionsOfArtInd | 0 | 0 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 111520 |
| IRS990/Desc | 0 | PROVIDE HOUSING TO LOW INCOME INDIVIDUALS. |
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| IRS990/EmployeeCnt | 0 | 0 |
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| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
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| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 15 |
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| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 21648 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
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| IRS990/FormationYr | 0 | 2001 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
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| IRS990/FSAuditedInd | 0 | 1 |
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| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
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| IRS990/GrossReceiptsAmt | 0 | 451215 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 15 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 9103 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 9103 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 46789 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 46789 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 195 |
| IRS990/InterestGrp/TotalAmt | 0 | 195 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 6896 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 6896 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2044202 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2220521 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2133863 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 4178065 |
| IRS990/LegalDomicileStateCd | 0 | PA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2445376 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2341040 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 438 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 438 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -104 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -1274824 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -1379160 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 75633 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 75633 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3557 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3557 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 291932 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 195151 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | MANAGEMENT EXPENSE STAF |
| IRS990/OtherExpensesGrp/Desc | 1 | CONTRACT SERVICES |
| IRS990/OtherExpensesGrp/Desc | 2 | SERVICE COORDINATOR EXP |
| IRS990/OtherExpensesGrp/Desc | 3 | MISC EXPENSE |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 137186 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 53905 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 20041 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 19258 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 137186 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 53905 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 20041 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 19258 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 17379 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 18094 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 31023 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 8224 |
| IRS990/PrincipalOfficerNm | 0 | CHARLES MACKENZIE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | TENANT ASSISTANCE HUD |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 246957 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 196924 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 246957 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 196924 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1474 |
| IRS990/PYOtherExpensesAmt | 0 | 567855 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 448438 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -117943 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 567855 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 449912 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -104232 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 443881 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 6896 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1474 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 22 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 68 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1286 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 9746 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 443881 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 448438 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 437299 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 423775 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 415407 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 2168800 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 6896 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 1474 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 22 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 68 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1286 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 9746 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00440 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00180 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 22324 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 7337 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 13185 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 42846 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.97630 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.97740 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 2168800 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 443881 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 448438 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 437299 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 423775 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 415407 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 2168800 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 450777 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 449912 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 459645 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 431180 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 429878 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 2221392 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2017935 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1929951 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3947886 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 15928 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 114251 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 130179 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 555447 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 100000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 100000 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -104 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 153123 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 20203 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 7927 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 12650 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 1248 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | REPLACEMENT RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | TENANT SECURITY DEPOSIT |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | ESCROW DEPOSIT |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | RESIDUAL RECEIPTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | PAINTING RESERVES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 18094 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SECURITY DEPOSIT LIABILITY |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -104 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 451215 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2133863 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 195151 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 555447 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 18094 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 451215 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 451111 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 555447 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FAMILY RELATIONSHIP |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
Document Assets
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Filings
Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $2,405,352
- Liabilities
- $64,312
- Net assets
- $2,341,040
- Revenue
- $451,215
- Expenses
- $555,447
- Net income
- -$104,232