Civic Intelligence

Ahepa 78 Phase III Inc.

990 • Fiscal year 2023 • EIN 35-1978023

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 10, 2024

Organization ProfileN/A
2022 W 79th PlaceMerrillville, IN 46410

(219) 942-9135

Siviq Scores

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

Liabilities / Assets

46th percentile

0.05x

Higher debt load relative to assets than 46% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.18x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

29th percentile

-5.6%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

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

Asset Growth

30th percentile

-1.8%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

49th percentile

6.2%

Faster revenue growth than 49% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$1,746,620

Down $32,337 (-1.8%) from 2022

Net Assets

Down

$1,661,261

Down $26,835 (-1.6%) from 2022

Liabilities

Down

$85,359

Down $5,502 (-6.1%) from 2022

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin29th percentile

Revenue

Up

$480,918

Up $27,927 (+6.2%) from 2022

Expenses

Down

$507,753

Down $28,870 (-5.4%) from 2022

Net Income

Up

-$26,835

Up $56,797 (+68%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $2,536,163Liabilities 2012: $74,523Net Assets 2012: $2,461,6402012Assets 2013: $2,435,882Liabilities 2013: $38,439Net Assets 2013: $2,397,4432013Assets 2014: $2,377,706Liabilities 2014: $42,302Net Assets 2014: $2,335,4042014Assets 2015: $2,323,803Liabilities 2015: $70,762Net Assets 2015: $2,253,0412015Assets 2016: $2,247,731Liabilities 2016: $44,078Net Assets 2016: $2,203,6532016Assets 2017: $2,193,961Liabilities 2017: $48,388Net Assets 2017: $2,145,5732017Assets 2018: $2,138,994Liabilities 2018: $59,562Net Assets 2018: $2,079,4322018Assets 2019: $2,009,609Liabilities 2019: $51,492Net Assets 2019: $1,958,1172019Assets 2020: $1,938,660Liabilities 2020: $55,054Net Assets 2020: $1,883,6062020Assets 2021: $1,824,975Liabilities 2021: $53,247Net Assets 2021: $1,771,7282021Assets 2022: $1,778,957Liabilities 2022: $90,861Net Assets 2022: $1,688,0962022Assets 2023: $1,746,620Liabilities 2023: $85,359Net Assets 2023: $1,661,2612023Assets 2024: $1,752,263Liabilities 2024: $87,987Net Assets 2024: $1,664,2762024

Highlighted filing

2023

Assets$1,746,620
Liabilities$85,359
Net Assets$1,661,261
Open 2023 Filing

Operations Trend

Revenue Growth49th percentile

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

$600K$400K$200K$0-$200KExpenses 2012: $350,2732012Expenses 2013: $360,7312013Revenue 2014: $325,929Expenses 2014: $387,968Net Income 2014: -$62,0392014Revenue 2015: $338,855Expenses 2015: $421,218Net Income 2015: -$82,3632015Revenue 2016: $346,931Expenses 2016: $396,319Net Income 2016: -$49,3882016Revenue 2017: $341,215Expenses 2017: $399,295Net Income 2017: -$58,0802017Revenue 2018: $337,848Expenses 2018: $403,989Net Income 2018: -$66,1412018Revenue 2019: $364,668Expenses 2019: $485,983Net Income 2019: -$121,3152019Revenue 2020: $422,238Expenses 2020: $496,749Net Income 2020: -$74,5112020Revenue 2021: $433,442Expenses 2021: $545,321Net Income 2021: -$111,8792021Revenue 2022: $452,991Expenses 2022: $536,623Net Income 2022: -$83,6322022Revenue 2023: $480,918Expenses 2023: $507,753Net Income 2023: -$26,8352023Revenue 2024: $530,912Expenses 2024: $527,897Net Income 2024: $3,0152024

Highlighted filing

2023

Revenue$480,918
Expenses$507,753
Net Income-$26,835
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 10, 2024
Return Version
2022v5.0
Gross Receipts
$480,918
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$1,408,300$1,396,631▼ $11,669
Prepaid Expenses and Deferred Charges$20,647$21,839▲ $1,192
Cash and Non-Interest-Bearing Accounts$21,745$8,822▼ $12,923
Accounts Receivable$3,528$1,692▼ $1,836
Total Assets$1,778,957$1,746,620▼ $32,337
Other Assets Total$324,737$317,636▼ $7,101
Liabilities
Accounts Payable and Accrued Expenses$64,057$45,520▼ $18,537
Other Liabilities$21,385$36,660▲ $15,275
Deferred Revenue$5,419$3,179▼ $2,240
Total Liabilities$90,861$85,359▼ $5,502
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,688,096$1,661,261▼ $26,835
Total Net Assets Fund Balance$1,688,096$1,661,261▼ $26,835
Total Liabilities and Net Assets / Fund Balance$1,778,957$1,746,620▼ $32,337

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,180,805$2,015,900$3,196,705
Equipment$36,570$145,372$181,942
Land$179,256-$179,256
Other Land Buildings$0$8,425$8,425
Other Assets Org$30,653--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Leon StathPresident
George DomorasVice President
Angelika MagramesDirector
George StrogouiludisDirector
Jeffrey FarverDirector
Nikolaos F FitousisDirector
Thomas E Coil JrSecretary
Nicholas GianikosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$472,350
Investment Income
$1,541
Other Revenue
$7,027
Change in Net Assets
$-26,835

Audited Revenue Reconciliation

Revenue per Audited Statements
$480,918
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$480,918
Total Revenue per Form 990
$480,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$507,753
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$87,629--$87,629
Fees for Services Management-$61,857-$61,857
Occupancy$36,480--$36,480
Insurance$34,969--$34,969
All Other Expenses$20,219--$20,219
Other Expenses$10,859--$10,859
Fees for Services Accounting-$8,475-$8,475
Information Technology$7,906--$7,906
Conferences and Meetings-$3,678-$3,678
Office Expenses$1,729--$1,729
Advertising$123--$123
Fees for Services Legal$35--$35
Interest$30--$30
Total Functional Expenses$433,743$74,010$0$507,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$507,753
Total Expenses per Audited Statements$507,753
Total Expenses per Form 990$507,753
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$20,160
Realted Party Payable$15,000
Other Liabilites$1,500
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 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 Iii Inc
EIN
35-1978023
Phone
2199429135
Address
2022 W 79TH PLACE, MERRILLVILLE, IN 46410

Signing Officer

Name
Leon Stath
Title
President
Phone
2199429135
Signed
2024-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leon Stath
Formed
1995
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

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

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process is consistent with prior years.”

Financial Statement Notes

PART X, LINE 2:

“No provision or benefit for income taxes has been included in these financial statements since the organization was organized as a not-for-profit corporation and has secured tax exempt status under section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the years ended june 30, 2023 and 2022. The organization has determined that all income tax filing positions would be sustained upon examination and accordingly, the organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions pursuant to asc 740 income taxes as of june 30, 2023 and 2022.”

Raw XML AppendixShowing 400 of 538 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/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0258855
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1213495
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0258855
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1213495
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt039
IRS990/PYOtherExpensesAmt0536623
IRS990/PYOtherRevenueAmt01644
IRS990/PYProgramServiceRevenueAmt0451308
IRS990/PYRevenuesLessExpensesAmt0-83632
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0536623
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0452991
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-26835
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0472350
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, REFERENCE PART III, LINE 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01541
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt092
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01435
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01635
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04742
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0472350
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0451308
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0431643
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0413525
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0358143
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02126969
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01541
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt092
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01435
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01635
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04742
IRS990ScheduleA/InvestmentIncomeCYPct00.00220
IRS990ScheduleA/InvestmentIncomePYPct00.00170
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt07027
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01644
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01707
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07278
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04890
IRS990ScheduleA/OtherIncome509Grp/TotalAmt022546
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98730
IRS990ScheduleA/PublicSupportPY509Pct00.98960
IRS990ScheduleA/PublicSupportTotal509Amt02126969
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0472350
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0451308
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0431643
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0413525
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0358143
IRS990ScheduleA/Total509Grp/TotalAmt02126969
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0480918
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0452991
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0433442
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0422238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0364668
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02154257
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01180805
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02015900
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03196705
IRS990ScheduleD/EquipmentGrp/BookValueAmt036570
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0145372
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0181942
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0507753
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0179256
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0179256
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0266812
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120171
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt230653
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08425
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08425
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020160
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt215000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REALTED PARTY PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0480918
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, 2023 AND 2022. THE ORGANIZATION HAS DETERMINED THAT ALL INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS PURSUANT TO ASC 740 INCOME TAXES AS OF JUNE 30, 2023 AND 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01396631
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0317636
IRS990ScheduleD/TotalExpensesPerForm990Amt0507753
IRS990ScheduleD/TotalLiabilityAmt036660
IRS990ScheduleD/TotalRevenuePerForm990Amt0480918
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0480918
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0507753
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
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0AHEPA NATIONAL HOUSING CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1AHEPA NATIONAL HOUSING CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2AHEPA NATIONAL HOUSING CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AHEPA 78 INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1AHEPA 78 PHASE II INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2AHEPA 78 PHASE IV INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3AHEPA 78 PHASE V INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4AHEPA 78 PHASE VI INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0351634086
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1351916082
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2352104146
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3731694582
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4320192583
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,746,620
Liabilities
$85,359
Net assets
$1,661,261
Revenue
$480,918
Expenses
$507,753
Net income
-$26,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.75$0.09$1.66$0.53$0.53$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.75$0.09$1.66$0.48$0.51$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.78$0.09$1.69$0.45$0.54$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.82$0.05$1.77$0.43$0.55$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.94$0.06$1.88$0.42$0.50$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.01$0.05$1.96$0.36$0.49$0.12
2018Detailed filing. Detailed filing data is available for this year.$2.14$0.06$2.08$0.34$0.40$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.19$0.05$2.15$0.34$0.40$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.25$0.04$2.20$0.35$0.40$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.32$0.07$2.25$0.34$0.42$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.38$0.04$2.34$0.33$0.39$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.04$2.40$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.07$2.46$0.35