Ahepa 501-III Inc

EIN 30-0241540 • 501(c)3 • Albuquerque, NM

Profile

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

6620 Blue Water Road NWAlbuquerque, NM 87121

n/A

Siviq Scores

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

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

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

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

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

1.8%

Higher net margin than 44% of similar nonprofits.

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

No value available

No filing with officer rows is available for this organization yet.

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Balance Sheet

Liabilities / Assets36th percentile

Assets

Down

$3,348,143

Down $3,571 (-0.1%) from 2024

Liabilities

Down

$59,696

Down $12,516 (-17%) from 2024

Net Assets

$3,288,447

Up $8,945 (+0.3%) from 2024

Operations

Liabilities / Revenue57th percentile Net Margin44th percentile

Revenue

$510,681

Up $4,873 (+1.0%) from 2024

Expenses

$501,736

Up $10,068 (+2.0%) from 2024

Net Income

Down

$8,945

Down $5,195 (-37%) from 2024

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

Highlighted filing

2025

Assets$3,348,143

Liabilities$59,696

Net Assets$3,288,447

Open 2025 Filing

Operations Trend

Revenue GrowthScore unavailable

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

Highlighted filing

2025

Revenue$510,681

Expenses$501,736

Net Income$8,945

Open 2025 Filing

Filings

Most recent year

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

Open filing

Assets: $3,348,143
Liabilities: $59,696
Net assets: $3,288,447
Revenue: $510,681
Expenses: $501,736
Net income: $8,945

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$3.35	$0.06	$3.29	$0.51	$0.50	$0.01
2024Detailed filing. Detailed filing data is available for this year.	$3.35	$0.07	$3.28	$0.51	$0.49	$0.01
2023Detailed filing. Detailed filing data is available for this year.	$3.33	$0.06	$3.27	$0.59	$0.54	$0.05
2022Detailed filing. Detailed filing data is available for this year.	$3.26	$0.05	$3.21	$0.47	$0.59	$0.11
2021Detailed filing. Detailed filing data is available for this year.	$3.38	$0.05	$3.33	$0.48	$0.45	$0.02
2020Detailed filing. Detailed filing data is available for this year.	$3.35	$0.04	$3.30	$0.47	$0.48	$0.01
2019Detailed filing. Detailed filing data is available for this year.	$3.35	$0.04	$3.31	$0.43	$0.49	$0.05
2018Detailed filing. Detailed filing data is available for this year.	$3.41	$0.04	$3.36	$0.37	$0.48	$0.11
2017Detailed filing. Detailed filing data is available for this year.	$3.52	$0.04	$3.48	$0.36	$0.45	$0.09
2016Detailed filing. Detailed filing data is available for this year.	$3.63	$0.07	$3.56	$0.35	$0.47	$0.12
2015Detailed filing. Detailed filing data is available for this year.	$3.74	$0.06	$3.68	$0.34	$0.41	$0.07
2014Detailed filing. Detailed filing data is available for this year.	$3.82	$0.06	$3.75	$0.34	$0.41	$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.00	$0.11	$3.89		$0.41

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jul 1, 2024 to Jun 30, 2025
Signed: Jan 15, 2026
Return Version: 2024v5.5
Gross Receipts: $510,681

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	$2,711,233	$2,632,853	▼ $78,380
Prepaid Expenses and Deferred Charges	$25,145	$25,095	▼ $50
Cash and Non-Interest-Bearing Accounts	$376	$2,624	▲ $2,248
Accounts Receivable	$10,195	$1,381	▼ $8,814
Total Assets	$3,351,714	$3,348,143	▼ $3,571
Other Assets Total	$604,765	$686,190	▲ $81,425
Liabilities
Accounts Payable and Accrued Expenses	$50,390	$45,273	▼ $5,117
Other Liabilities	$14,815	$14,414	▼ $401
Deferred Revenue	$7,007	$9	▼ $6,998
Total Liabilities	$72,212	$59,696	▼ $12,516
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$3,279,502	$3,288,447	▲ $8,945
Total Net Assets Fund Balance	$3,279,502	$3,288,447	▲ $8,945
Total Liabilities and Net Assets / Fund Balance	$3,351,714	$3,348,143	▼ $3,571

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$2,176,290	$1,778,973	$3,955,263
Land	$422,500	-	$422,500
Equipment	$34,063	$99,942	$134,005
Other Land Buildings	$0	$29,234	$29,234
Other Assets Org	$64,476	-	-

Compensation and Service Providers

Top Officer PayScore unavailable

Board Members and Trustees

Name	Title
Mark Bullock	President
Christopher Chronis	Vice President
Barbara Maligas	Director
Demetrios Makris	Director
Konstantine Angelo	Director
Marcus C Cassimus	Director
Michael J Dominick Jr	Director
James Barner	Secretary
Nick Chronis	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $780
Program Service Revenue: $482,506
Investment Income: $26,147
Other Revenue: $1,248
All Other Contributions: $780
Change in Net Assets: $8,945

Audited Revenue Reconciliation

Revenue per Audited Statements: $510,681
Revenue Not Reported on Financial Statements: $0
Revenue Not Reported on Form 990: $0
Total Revenue per Audited Statements: $510,681
Total Revenue per Form 990: $510,681

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$501,736
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	$109,243	-	-	$109,243
Occupancy	$79,903	-	-	$79,903
Insurance	$37,966	-	-	$37,966
Fees for Services Management	-	$25,451	-	$25,451
All Other Expenses	$20,656	-	-	$20,656
Other Expenses	$15,217	-	-	$15,217
Fees for Services Accounting	-	$11,635	-	$11,635
Information Technology	$11,467	-	-	$11,467
Office Expenses	$4,620	-	-	$4,620
Conferences and Meetings	-	$2,947	-	$2,947
Advertising	$2,205	-	-	$2,205
Fees for Services Legal	$592	-	-	$592
Travel	$26	-	-	$26
Total Functional Expenses	$461,703	$40,033	$0	$501,736

Audited Expense Reconciliation

Line Item	Amount
Expenses per Audited Statements	$501,736
Total Expenses per Audited Statements	$501,736
Total Expenses per Form 990	$501,736
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

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Ahepa 100 Inc	South Bend, IN	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 110 Inc	Norwich, CT	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 110-ii Inc	Norwich, CT	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 110-iii Inc	Norwich, CT	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 113 Inc	Beavercreek, OH	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 118 Inc	Toledo, OH	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 127 Inc	Milford, OH	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 127-ii Inc	Mt Healthy, OH	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 156 Inc	Canonsburg, PA	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 192-iii Inc	Ankeny, IA	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 232 Phase Iii Inc	Indianapolis, IN	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 242 Inc	Greenville, SC	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 245-ii Inc	Newport, RI	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 250 Inc	Niantic, CT	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 250-ii Inc	Waterford, CT	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 250-iii Inc	Groton, CT	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 250-iv Inc	Niantic, CT	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 250-v Inc	Niantic, CT	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 29 Phase Iv Inc	Houston, TX	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 296 Inc	Pensacola, FL	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 302 Inc	Fishers, IN	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 310 of Citronelle Inc	Mobile, AL	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 310-iv Inc	Mobile, AL	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 310-ix Inc	Mobile, AL	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 310-viii Inc	Mobile, AL	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 310-x Inc	Mobile, AL	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 310-xi Inc	Mobile, AL	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 310-xii Inc	Mobile, AL	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 35 Inc	Nashua, NH	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 39 Inc	Haverhill, MA	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 410 Inc	Daytona Beach, FL	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 501 Inc	Albuquerque, NM	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 501-ii Inc	Albuquerque, NM	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 53-iii Inc	St Louis, MO	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 53-iv Inc	St Louis, MO	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 60 Inc	Allentown, PA	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 78 Phase Iv Inc	Merrillville, IN	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 78 Phase V Inc	Merrillville, IN	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa 78 Phase Vi Inc	Merrillville, IN	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa National Housing Corporation	Fishers, IN	Sponsoring and Granting Various Hud Developments for Elderly/handicapped	501(c)(3)	Line 12b, Ii	No
Ahepa No 23--phase Ii Inc	Montgomery, AL	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa One Inc	Decatur, GA	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepa-penelope 38 Apartments Inc	Ankeny, IA	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepadop 54 Inc	Houston, TX	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepadop 54 Phase Ii Inc	Fishers, IN	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepadop 60 Inc	Mishawaka, IN	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepapenelope 120 Inc	Peabody, MA	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepapenelope 35 Ii Inc	Bloomington, MN	Affordable Low-income Housing	501(c)(3)	Line 10	No
Ahepapenelope 35 Inc	Edina, MN	Affordable Low-income Housing	501(c)(3)	Line 10	No

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Security Deposit Liability	$14,414

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Audit committee: Yes
Business relationship with 35% controlled entity: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: No
Other officer compensation reviewed: No
Conflict-of-interest policy: No
Audited financial statements prepared: No
Key decisions subject to board approval: No
Management duties delegated: Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The following board members have a family relationship: christopher chronis (director) and nick chronis (treasurer).”

Form 990, Part VI, Section A, Line 3

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

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

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

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

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

Form 990, Part VI, Section C, Line 19

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

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 501-iii Inc
EIN: 30-0241540
Phone: 5058399487
Address: 6620 BLUE WATER ROAD NW, ALBUQUERQUE, NM 87121

Signing Officer

Name: Mark Bullock
Title: President
Phone: 5058399487
Signed: 2026-01-15
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Mark Bullock
Formed: 2004
Legal Domicile: Nm
Voting Board Members: 9
Independent Board Members: 9
Employees: 0
Volunteers: 9

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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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm	0	MARK BULLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm	1	CHRISTOPHER CHRONIS
IRS990/Form990PartVIISectionAGrp/PersonNm	2	JAMES BARNER
IRS990/Form990PartVIISectionAGrp/PersonNm	3	NICK CHRONIS
IRS990/Form990PartVIISectionAGrp/PersonNm	4	KONSTANTINE ANGELO
IRS990/Form990PartVIISectionAGrp/PersonNm	5	MICHAEL J DOMINICK JR
IRS990/Form990PartVIISectionAGrp/PersonNm	6	MARCUS C CASSIMUS
IRS990/Form990PartVIISectionAGrp/PersonNm	7	DEMETRIOS MAKRIS
IRS990/Form990PartVIISectionAGrp/PersonNm	8	BARBARA MALIGAS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	8	0
IRS990/Form990PartVIISectionAGrp/TitleTxt	0	PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt	1	VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt	2	SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt	3	TREASURER
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/Form990ProvidedToGvrnBodyInd	0	1
IRS990/FormationYr	0	2004
IRS990/FormerOfcrEmployeesListedInd	0	0
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IRS990/FSAuditedInd	0	1
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IRS990/GamingActivitiesInd	0	0
IRS990/GoverningBodyVotingMembersCnt	0	9
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IRS990/GrantsToOrganizationsInd	0	0
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IRS990/GroupReturnForAffiliatesInd	0	0
IRS990/IncludeFIN48FootnoteInd	0	1
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IRS990/IndivRcvdGreaterThan100KCnt	0	0
IRS990/IndoorTanningServicesInd	0	0
IRS990/InfoInScheduleOPartVIIInd	0	X
IRS990/InfoInScheduleOPartVIInd	0	X
IRS990/InfoInScheduleOPartXIIInd	0	X
IRS990/InformationTechnologyGrp/ProgramServicesAmt	0	11467
IRS990/InformationTechnologyGrp/TotalAmt	0	11467
IRS990/InsuranceGrp/ProgramServicesAmt	0	37966
IRS990/InsuranceGrp/TotalAmt	0	37966
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IRS990/LegalDomicileStateCd	0	NM
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	1
IRS990/MinutesOfGoverningBodyInd	0	1
IRS990/MissionDesc	0	THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
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IRS990/MoreThan5000KToOrgInd	0	0
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IRS990/OfficeExpensesGrp/TotalAmt	0	4620
IRS990/OfficerMailingAddressInd	0	0
IRS990/OperateHospitalInd	0	0
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsFASB117Ind	0	X
IRS990/OtherAssetsTotalGrp/BOYAmt	0	604765
IRS990/OtherAssetsTotalGrp/EOYAmt	0	686190
IRS990/OtherChangesInNetAssetsAmt	0	0
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IRS990/OtherExpensesGrp/Desc	1	CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc	2	SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc	3	MISC EXPENSE
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IRS990/OtherExpensesGrp/ProgramServicesAmt	1	35600
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	26582
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	15217
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IRS990/OtherExpensesGrp/TotalAmt	1	35600
IRS990/OtherExpensesGrp/TotalAmt	2	26582
IRS990/OtherExpensesGrp/TotalAmt	3	15217
IRS990/OtherLiabilitiesGrp/BOYAmt	0	14815
IRS990/OtherLiabilitiesGrp/EOYAmt	0	14414
IRS990/OtherRevenueMiscGrp/BusinessCd	0	531110
IRS990/OtherRevenueMiscGrp/Desc	0	OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt	0	1248
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt	0	1248
IRS990/OtherRevenueTotalAmt	0	1248
IRS990/PartialLiquidationInd	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	0
IRS990/PoliticalCampaignActyInd	0	0
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	25145
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	25095
IRS990/PrincipalOfficerNm	0	MARK BULLOCK
IRS990/ProfessionalFundraisingInd	0	0
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IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc	1	RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	267270
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	215236
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	267270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	215236
IRS990/ProhibitedTaxShelterTransInd	0	0
IRS990/PYBenefitsPaidToMembersAmt	0	0
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IRS990/PYOtherRevenueAmt	0	1368
IRS990/PYProgramServiceRevenueAmt	0	489302
IRS990/PYRevenuesLessExpensesAmt	0	14140
IRS990/PYSalariesCompEmpBnftPaidAmt	0	0
IRS990/PYTotalExpensesAmt	0	491668
IRS990/PYTotalProfFndrsngExpnsAmt	0	0
IRS990/PYTotalRevenueAmt	0	505808
IRS990/QuidProQuoContributionsInd	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	8945
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	482506
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	780
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	780
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	26147
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	15138
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	2603
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	24
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	71
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	43983
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	482506
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	489302
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	485279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	466852
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	468581
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	2392520
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	26147
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	15138
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	2603
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	24
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	71
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	43983
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.01720
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00740
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	1248
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	1368
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	105964
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	5230
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	7456
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	121266
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.93540
IRS990ScheduleA/PublicSupportPY509Pct	0	0.93990
IRS990ScheduleA/PublicSupportTotal509Amt	0	2393300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	483286
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	489302
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	485279
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	466852
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	468581
IRS990ScheduleA/Total509Grp/TotalAmt	0	2393300
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	510681
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	505808
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	593846
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	472106
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	476108
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	2558549
IRS990/ScheduleBRequiredInd	0	0
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	2176290
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	1778973
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	3955263
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	34063
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	99942
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	134005
IRS990ScheduleD/ExpensesNotReportedAmt	0	0
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt	0	0
IRS990ScheduleD/ExpensesSubtotalAmt	0	501736
IRS990ScheduleD/FootnoteTextInd	0	X
IRS990ScheduleD/LandGrp/BookValueAmt	0	422500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	422500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	0	552385
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	1	16911
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	2	52418
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	3	64476
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	0	REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	1	TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	2	ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	3	PAINTING RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	0
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	29234
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	29234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	14414
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt	0	0
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt	0	0
IRS990ScheduleD/RevenueSubtotalAmt	0	510681
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	0	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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	0	PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	2632853
IRS990ScheduleD/TotalBookValueOtherAssetsAmt	0	686190
IRS990ScheduleD/TotalExpensesPerForm990Amt	0	501736
IRS990ScheduleD/TotalLiabilityAmt	0	14414
IRS990ScheduleD/TotalRevenuePerForm990Amt	0	510681
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt	0	510681
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt	0	501736
IRS990/ScheduleJRequiredInd	0	0
IRS990/ScheduleORequiredInd	0	1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	THE FOLLOWING BOARD MEMBERS HAVE A FAMILY RELATIONSHIP: CHRISTOPHER CHRONIS (DIRECTOR) AND NICK CHRONIS (TREASURER).
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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	THE ORGANIZATION MAKES AVAILABLE ALL DOCUMENTS REQUIRED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	THE PROCESS IS CONSISTENT WITH PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	PART VII, SECTION A, LINE 1A, COLUMN B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	FORM 990 PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd	0	0
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd	0	0
IRS990ScheduleR/AssetSaleToOtherOrgInd	0	0
IRS990ScheduleR/DivRelatedOrganizationInd	0	0
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd	0	0
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd	0	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	0	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	1	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	2	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	3	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	4	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	5	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	6	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	7	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	8	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	9	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	10	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	11	0
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd	12	0

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