Civic Intelligence

Ahepa 78 Phase II Inc

EIN 35-1916082 • 501(c)3 • Merrillville, IN

Profile

Ahepa 78 phase ii, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of indiana. The corporation was organized to construct, own and operate a 50-unit apartment community in merrillville, indiana, known as ahepa 78 ii apartments, pursuant to section 202 of the national affordable housing act, as amended. The sponsor of the corporation is ahepa national housing corporation.

2080 West 79th PlaceMerrillville, IN 46410

n/A

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

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

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

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

Net Margin

45th percentile

2.4%

Higher net margin than 45% 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

41st percentile

0.5%

Faster asset growth than 41% of similar nonprofits.

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

Revenue Growth

48th percentile

6.2%

Faster revenue growth than 48% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$1,471,080

Down $22,675 (-1.5%) from 2023

Liabilities

Down

$47,057

Down $9,200 (-16%) from 2023

Net Assets

Down

$1,424,023

Down $13,475 (-0.9%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin45th percentile

Revenue

Up

$486,237

Up $13,431 (+2.8%) from 2023

Expenses

Up

$499,712

Up $52,749 (+12%) from 2023

Net Income

Down

-$13,475

Down $39,318 (-152%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,888,599Liabilities 2012: $88,105Net Assets 2012: $1,800,4942012Assets 2013: $1,814,253Liabilities 2013: $64,525Net Assets 2013: $1,749,7282013Assets 2014: $1,737,930Liabilities 2014: $44,858Net Assets 2014: $1,693,0722014Assets 2015: $1,692,293Liabilities 2015: $31,984Net Assets 2015: $1,660,3092015Assets 2016: $1,655,092Liabilities 2016: $42,979Net Assets 2016: $1,612,1132016Assets 2017: $1,628,193Liabilities 2017: $48,497Net Assets 2017: $1,579,6962017Assets 2018: $1,659,335Liabilities 2018: $53,810Net Assets 2018: $1,605,5252018Assets 2019: $1,632,074Liabilities 2019: $99,276Net Assets 2019: $1,532,7982019Assets 2020: $1,555,779Liabilities 2020: $44,562Net Assets 2020: $1,511,2172020Assets 2021: $1,549,272Liabilities 2021: $58,955Net Assets 2021: $1,490,3172021Assets 2022: $1,461,526Liabilities 2022: $49,871Net Assets 2022: $1,411,6552022Assets 2023: $1,493,755Liabilities 2023: $56,257Net Assets 2023: $1,437,4982023Assets 2024: $1,471,080Liabilities 2024: $47,057Net Assets 2024: $1,424,0232024

Highlighted filing

2024

Assets$1,471,080
Liabilities$47,057
Net Assets$1,424,023
Open 2024 Filing

Operations Trend

Revenue Growth48th percentile

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

$600K$400K$200K$0-$200KExpenses 2012: $361,1192012Expenses 2013: $352,5402013Revenue 2014: $309,628Expenses 2014: $366,284Net Income 2014: -$56,6562014Revenue 2015: $323,299Expenses 2015: $356,062Net Income 2015: -$32,7632015Revenue 2016: $344,713Expenses 2016: $392,909Net Income 2016: -$48,1962016Revenue 2017: $346,679Expenses 2017: $379,096Net Income 2017: -$32,4172017Revenue 2018: $382,896Expenses 2018: $357,067Net Income 2018: $25,8292018Revenue 2019: $403,319Expenses 2019: $476,046Net Income 2019: -$72,7272019Revenue 2020: $409,797Expenses 2020: $431,378Net Income 2020: -$21,5812020Revenue 2021: $444,129Expenses 2021: $465,030Net Income 2021: -$20,9012021Revenue 2022: $464,162Expenses 2022: $542,824Net Income 2022: -$78,6622022Revenue 2023: $472,806Expenses 2023: $446,963Net Income 2023: $25,8432023Revenue 2024: $486,237Expenses 2024: $499,712Net Income 2024: -$13,4752024

Highlighted filing

2024

Revenue$486,237
Expenses$499,712
Net Income-$13,475
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,471,080
Liabilities
$47,057
Net assets
$1,424,023
Revenue
$486,237
Expenses
$499,712
Net income
-$13,475
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.05$1.42$0.49$0.50$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.06$1.44$0.47$0.45$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.05$1.41$0.46$0.54$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.55$0.06$1.49$0.44$0.47$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.56$0.04$1.51$0.41$0.43$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.63$0.10$1.53$0.40$0.48$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.66$0.05$1.61$0.38$0.36$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.05$1.58$0.35$0.38$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.66$0.04$1.61$0.34$0.39$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.69$0.03$1.66$0.32$0.36$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.04$1.69$0.31$0.37$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.06$1.75$0.35
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.09$1.80$0.36
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 28, 2022
Return Version
2020v4.2
Gross Receipts
$444,129
Mission and Program Overview

Mission

Ahepa 78 phase ii, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of indiana. The corporation was organized to construct, own and operate a 50-unit apartment community in merrillville, indiana, known as ahepa 78 ii apartments, pursuant to section 202 of the national affordable housing act, as amended. The sponsor of the corporation is ahepa national housing corporation.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,322,411$1,267,305▼ $55,106
Cash and Non-Interest-Bearing Accounts$10,874$63,617▲ $52,743
Prepaid Expenses and Deferred Charges$15,712$15,970▲ $258
Accounts Receivable$2,480$2,203▼ $277
Total Assets$1,555,780$1,549,272▼ $6,508
Other Assets Total$204,303$200,177▼ $4,126
Liabilities
Accounts Payable and Accrued Expenses$24,519$39,454▲ $14,935
Other Liabilities$17,035$16,968▼ $67
Deferred Revenue$3,008$2,533▼ $475
Total Liabilities$44,562$58,955▲ $14,393
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,511,218$1,490,317▼ $20,901
Total Net Assets Fund Balance$1,511,218$1,490,317▼ $20,901
Total Liabilities and Net Assets / Fund Balance$1,555,780$1,549,272▼ $6,508

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,206,985$1,525,311$2,732,296
Equipment$18,853$74,918$93,771
Land$41,467-$41,467
Other Land Buildings$0$8,425$8,425
Other Assets Org$6,788--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Louis H BravosPresident
Nicholas GianikosVice President / Treasurer
Angelika MagramesDirector
Dominic a PerezDirector
George DomorasDirector
George StrogouiludisDirector
Jeffrey FarverDirector
Leon StathDirector
Nikolaos F FitousisDirector
Peter MurdakesDirector
Thomas E Coil JrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$441,152
Investment Income
$53
Other Revenue
$2,924
Change in Net Assets
$-20,901

Audited Revenue Reconciliation

Revenue per Audited Statements
$444,129
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$444,129
Total Revenue per Form 990
$444,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$465,030
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$67,856--$67,856
Fees for Services Management-$61,133-$61,133
Occupancy$39,026--$39,026
All Other Expenses$26,018--$26,018
Other Expenses$21,997--$21,997
Insurance$20,506--$20,506
Fees for Services Accounting-$9,492-$9,492
Information Technology$3,643--$3,643
Office Expenses$1,690--$1,690
Conferences and Meetings-$950-$950
Fees for Services Legal$21--$21
Interest$6--$6
Total Functional Expenses$393,455$71,575$0$465,030

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$465,030
Total Expenses per Audited Statements$465,030
Total Expenses per Form 990$465,030
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$16,968
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 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 78 Phase Ii Inc
EIN
35-1916082
Phone
2197910708
Address
2080 WEST 79TH PLACE, MERRILLVILLE, IN 46410

Signing Officer

Name
Louis Bravos
Title
President
Phone
2197910708
Signed
2022-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louis Bravos
Formed
1983
Legal Domicile
In
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Clark Schaefer Hackett & Co
Address
14 EAST MAIN STREET SUITE 500, SPRINGFIELD, OH 45502
Preparer
Renea R Irick
Phone
9373992000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process is consistent with prior years.”

Financial Statement Notes

PART X, LINE 2:

“No provision or benefit for income taxes has been included in these financial statements since the organization was organized as a not-for-profit corporation and has secured tax exempt status under section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the years ended june 30, 2021 and 2020. 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, 2021 and 2020.”

Raw XML AppendixShowing 400 of 552 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
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt024519
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt039454
IRS990/AccountsReceivableGrp/BOYAmt02480
IRS990/AccountsReceivableGrp/EOYAmt02203
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt026018
IRS990/AllOtherExpensesGrp/TotalAmt026018
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AHEPA AFFORDABLE HOUSING MGT CO
IRS990/BooksInCareOfDetail/PhoneNum03178453410
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010706 SKY PRAIRIE ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0FISHERS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046038
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt010874
IRS990/CashNonInterestBearingGrp/EOYAmt063617
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0950
IRS990/ConferencesMeetingsGrp/TotalAmt0950
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt053
IRS990/CYOtherExpensesAmt0465030
IRS990/CYOtherRevenueAmt02924
IRS990/CYProgramServiceRevenueAmt0441152
IRS990/CYRevenuesLessExpensesAmt0-20901
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0465030
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0444129
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt03008
IRS990/DeferredRevenueGrp/EOYAmt02533
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt067856
IRS990/DepreciationDepletionGrp/TotalAmt067856
IRS990/Desc0PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0393455
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09492
IRS990/FeesForServicesAccountingGrp/TotalAmt09492
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt021
IRS990/FeesForServicesLegalGrp/TotalAmt021
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt061133
IRS990/FeesForServicesManagementGrp/TotalAmt061133
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/PersonNm0LOUIS H BRAVOS
IRS990/Form990PartVIISectionAGrp/PersonNm1NICHOLAS GIANIKOS
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS E COIL JR
IRS990/Form990PartVIISectionAGrp/PersonNm3ANGELIKA MAGRAMES
IRS990/Form990PartVIISectionAGrp/PersonNm4GEORGE DOMORAS
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFFREY FARVER
IRS990/Form990PartVIISectionAGrp/PersonNm6LEON STATH
IRS990/Form990PartVIISectionAGrp/PersonNm7PETER MURDAKES
IRS990/Form990PartVIISectionAGrp/PersonNm8GEORGE STROGOUILUDIS
IRS990/Form990PartVIISectionAGrp/PersonNm9DOMINIC A PEREZ
IRS990/Form990PartVIISectionAGrp/PersonNm10NIKOLAOS F FITOUSIS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT / TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0444129
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt03643
IRS990/InformationTechnologyGrp/TotalAmt03643
IRS990/InsuranceGrp/ProgramServicesAmt020506
IRS990/InsuranceGrp/TotalAmt020506
IRS990/InterestGrp/ProgramServicesAmt06
IRS990/InterestGrp/TotalAmt06
IRS990/InvestmentIncomeGrp/ExclusionAmt053
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt053
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01608654
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01322411
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01267305
IRS990/LandBldgEquipCostOrOtherBssAmt02875959
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01511218
IRS990/NetAssetsOrFundBalancesEOYAmt01490317
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01511218
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01490317
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt039026
IRS990/OccupancyGrp/TotalAmt039026
IRS990/OfficeExpensesGrp/ProgramServicesAmt01690
IRS990/OfficeExpensesGrp/TotalAmt01690
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0204303
IRS990/OtherAssetsTotalGrp/EOYAmt0200177
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT EXPENSE STAF
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0115332
IRS990/OtherExpensesGrp/ProgramServicesAmt169178
IRS990/OtherExpensesGrp/ProgramServicesAmt228182
IRS990/OtherExpensesGrp/ProgramServicesAmt321997
IRS990/OtherExpensesGrp/TotalAmt0115332
IRS990/OtherExpensesGrp/TotalAmt169178
IRS990/OtherExpensesGrp/TotalAmt228182
IRS990/OtherExpensesGrp/TotalAmt321997
IRS990/OtherLiabilitiesGrp/BOYAmt017035
IRS990/OtherLiabilitiesGrp/EOYAmt016968
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02924
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02924
IRS990/OtherRevenueTotalAmt02924
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015712
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015970
IRS990/PrincipalOfficerNm0LOUIS BRAVOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0286942
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1154210
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0286942
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1154210
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0904
IRS990/PYOtherExpensesAmt0431378
IRS990/PYOtherRevenueAmt08547
IRS990/PYProgramServiceRevenueAmt0400346
IRS990/PYRevenuesLessExpensesAmt0-21581
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0431378
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0409797
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-20901
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0441152
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/CurrentTaxYearAmt053
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0904
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0910
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt078
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02019
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0441152
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0400346
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0398511
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0380688
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0344411
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01965108
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt053
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0904
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0910
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02019
IRS990ScheduleA/InvestmentIncomeCYPct00.00100
IRS990ScheduleA/InvestmentIncomePYPct00.00110
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02924
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08547
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03898
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02134
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02190
IRS990ScheduleA/OtherIncome509Grp/TotalAmt019693
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98910
IRS990ScheduleA/PublicSupportPY509Pct00.98940
IRS990ScheduleA/PublicSupportTotal509Amt01965108
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0441152
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0400346
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0398511
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0380688
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0344411
IRS990ScheduleA/Total509Grp/TotalAmt01965108
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0444129
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0409797
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0403319
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0382896
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0346679
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01986820
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01206985
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01525311
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02732296
IRS990ScheduleD/EquipmentGrp/BookValueAmt018853
IRS990ScheduleD/EquipmentGrp/DepreciationAmt074918
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt093771
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0465030
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt041467
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt041467
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0140354
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt117416
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt235619
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt36788
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECIPTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08425
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08425
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016968
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0444129
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, 2021 AND 2020. 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, 2021 AND 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01267305
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0200177
IRS990ScheduleD/TotalExpensesPerForm990Amt0465030
IRS990ScheduleD/TotalLiabilityAmt016968
IRS990ScheduleD/TotalRevenuePerForm990Amt0444129
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0444129
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0465030
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 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/ExplanationTxt2THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS IS CONSISTENT WITH PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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

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