Civic Intelligence

Ahepo 100 Inc.

990 • Fiscal year 2021 • EIN 35-2157104

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 18, 2022

53871 Generation DriveSouth Bend, IN 46635

(574) 243-1300

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.19x

Higher debt load relative to revenue than 64% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

30th percentile

2.2%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

31st percentile

1.4%

Faster asset growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

47th percentile

9.8%

Faster revenue growth than 47% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,470,713

Up $33,130 (+1.4%) from 2020

Net Assets

Up

$2,387,408

Up $9,744 (+0.4%) from 2020

Liabilities

Up

$83,305

Up $23,386 (+39%) from 2020

Revenue

Up

$440,772

Up $39,508 (+9.8%) from 2020

Expenses

Down

$431,036

Down $23,189 (-5.1%) from 2020

Net Income

Up

$9,736

Up $62,697 (+118%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $2,992,208Liabilities 2012: $108,957Net Assets 2012: $2,883,2512012Assets 2013: $2,949,321Liabilities 2013: $108,196Net Assets 2013: $2,841,1252013Assets 2014: $2,792,344Liabilities 2014: $64,736Net Assets 2014: $2,727,6082014Assets 2015: $2,719,602Liabilities 2015: $53,222Net Assets 2015: $2,666,3802015Assets 2016: $2,663,772Liabilities 2016: $60,844Net Assets 2016: $2,602,9282016Assets 2017: $2,630,590Liabilities 2017: $70,847Net Assets 2017: $2,559,7432017Assets 2018: $2,566,978Liabilities 2018: $69,830Net Assets 2018: $2,497,1482018Assets 2019: $2,490,231Liabilities 2019: $59,606Net Assets 2019: $2,430,6252019Assets 2020: $2,437,583Liabilities 2020: $59,919Net Assets 2020: $2,377,6642020Assets 2021: $2,470,713Liabilities 2021: $83,305Net Assets 2021: $2,387,4082021Assets 2022: $2,413,063Liabilities 2022: $56,041Net Assets 2022: $2,357,0222022Assets 2023: $2,394,586Liabilities 2023: $53,992Net Assets 2023: $2,340,5942023Assets 2024: $2,358,159Liabilities 2024: $51,339Net Assets 2024: $2,306,8202024

Highlighted filing

2021

Assets$2,470,713
Liabilities$83,305
Net Assets$2,387,408

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $386,6732012Expenses 2013: $382,6622013Revenue 2014: $361,511Expenses 2014: $475,028Net Income 2014: -$113,5172014Revenue 2015: $355,823Expenses 2015: $417,051Net Income 2015: -$61,2282015Revenue 2016: $348,239Expenses 2016: $411,691Net Income 2016: -$63,4522016Revenue 2017: $357,521Expenses 2017: $400,706Net Income 2017: -$43,1852017Revenue 2018: $377,547Expenses 2018: $440,142Net Income 2018: -$62,5952018Revenue 2019: $390,157Expenses 2019: $456,680Net Income 2019: -$66,5232019Revenue 2020: $401,264Expenses 2020: $454,225Net Income 2020: -$52,9612020Revenue 2021: $440,772Expenses 2021: $431,036Net Income 2021: $9,7362021Revenue 2022: $441,068Expenses 2022: $471,454Net Income 2022: -$30,3862022Revenue 2023: $470,153Expenses 2023: $486,581Net Income 2023: -$16,4282023Revenue 2024: $491,940Expenses 2024: $525,714Net Income 2024: -$33,7742024

Highlighted filing

2021

Revenue$440,772
Expenses$431,036
Net Income$9,736
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 18, 2022
Return Version
2020v4.2
Gross Receipts
$440,772
Mission and Program Overview

Mission

The corporation was formed, and the business and objects to be carried on and promoted by it, are as follows: to promote the welfare of elderly persons with housing facilities and services specially designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living, the charges for such facilities and services to be predicted upon the provision, maintenance and operation thereof on a non-profit basis.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,242,912$2,210,039▼ $32,873
Cash and Non-Interest-Bearing Accounts$10,828$55,519▲ $44,691
Prepaid Expenses and Deferred Charges$15,597$15,987▲ $390
Accounts Receivable$1,834$1,501▼ $333
Total Assets$2,437,591$2,470,713▲ $33,122
Other Assets Total$166,420$187,667▲ $21,247
Liabilities
Accounts Payable and Accrued Expenses$44,950$67,424▲ $22,474
Other Liabilities$14,912$15,245▲ $333
Deferred Revenue$57$636▲ $579
Total Liabilities$59,919$83,305▲ $23,386
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,377,672$2,387,408▲ $9,736
Total Net Assets Fund Balance$2,377,672$2,387,408▲ $9,736
Total Liabilities and Net Assets / Fund Balance$2,437,591$2,470,713▲ $33,122

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,817,266$1,309,651$3,126,917
Land$353,400-$353,400
Equipment$39,373$129,780$169,153
Other Assets Org$9,591--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Panos NiarchosPresident
George MighionVice President
Angelo KostaridesDirector
Nick AnagnosDirector
Paul MccormickDirector
Thanasis TerezisDirector
Angela MagramesSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$436,417
Investment Income
$68
Other Revenue
$4,287
Change in Net Assets
$9,736

Audited Revenue Reconciliation

Revenue per Audited Statements
$440,772
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$440,772
Total Revenue per Form 990
$440,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$431,036
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$83,991--$83,991
Occupancy$37,942--$37,942
Fees for Services Management-$35,916-$35,916
Insurance$21,841--$21,841
All Other Expenses$16,681--$16,681
Fees for Services Accounting-$9,438-$9,438
Other Expenses$7,217--$7,217
Information Technology$3,670--$3,670
Advertising$1,618--$1,618
Office Expenses$1,289--$1,289
Travel$102--$102
Fees for Services Legal$22--$22
Interest$2--$2
Total Functional Expenses$385,682$45,354$0$431,036

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$431,036
Total Expenses per Audited Statements$431,036
Total Expenses per Form 990$431,036
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$15,245
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
Yes
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 A, Line 6

The membership of the corporation shall be held by ahepa national housing corporation, inc.

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 the board of directors of ahepa national housing corporation, the sponsoring organization, or nonmembers who have the approval of the said sponsoring organization. In the event that a director ceases to be a member of ahepa national housing corporation, or if the aforesaid 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 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 12

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.

Filing and Contact Details

Filer

Filer Name
Ahepa 100 Inc
EIN
35-2157104
Phone
5742431300
Address
53871 GENERATION DRIVE, SOUTH BEND, IN 46635

Signing Officer

Name
Panos Niarchos
Title
President
Phone
5742431300
Signed
2022-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Panos Niarchos
Formed
2001
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

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

Additional Explanations

Form 990 Part XII, Line 2C

The process is consistent with prior years.

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 1,041 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/BOYAmt044950
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt067424
IRS990/AccountsReceivableGrp/BOYAmt01834
IRS990/AccountsReceivableGrp/EOYAmt01501
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
IRS990/AdvertisingGrp/ProgramServicesAmt01618
IRS990/AdvertisingGrp/TotalAmt01618
IRS990/AllOtherExpensesGrp/ProgramServicesAmt016681
IRS990/AllOtherExpensesGrp/TotalAmt016681
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AHEPA AFFORDABLE HOUSING MANAGEMENT COMPANY INC
IRS990/BooksInCareOfDetail/PhoneNum03175062085
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010706 SKY PRARIE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0FISHERS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046038
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt010828
IRS990/CashNonInterestBearingGrp/EOYAmt055519
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt068
IRS990/CYOtherExpensesAmt0431036
IRS990/CYOtherRevenueAmt04287
IRS990/CYProgramServiceRevenueAmt0436417
IRS990/CYRevenuesLessExpensesAmt09736
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0431036
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0440772
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt057
IRS990/DeferredRevenueGrp/EOYAmt0636
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt083991
IRS990/DepreciationDepletionGrp/TotalAmt083991
IRS990/Desc0PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0385682
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09438
IRS990/FeesForServicesAccountingGrp/TotalAmt09438
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt022
IRS990/FeesForServicesLegalGrp/TotalAmt022
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt035916
IRS990/FeesForServicesManagementGrp/TotalAmt035916
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0PANOS NIARCHOS
IRS990/Form990PartVIISectionAGrp/PersonNm1GEORGE MIGHION
IRS990/Form990PartVIISectionAGrp/PersonNm2ANGELA MAGRAMES
IRS990/Form990PartVIISectionAGrp/PersonNm3PAUL MCCORMICK
IRS990/Form990PartVIISectionAGrp/PersonNm4ANGELO KOSTARIDES
IRS990/Form990PartVIISectionAGrp/PersonNm5NICK ANAGNOS
IRS990/Form990PartVIISectionAGrp/PersonNm6THANASIS TEREZIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0440772
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt03670
IRS990/InformationTechnologyGrp/TotalAmt03670
IRS990/InsuranceGrp/ProgramServicesAmt021841
IRS990/InsuranceGrp/TotalAmt021841
IRS990/InterestGrp/ProgramServicesAmt02
IRS990/InterestGrp/TotalAmt02
IRS990/InvestmentIncomeGrp/ExclusionAmt068
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt068
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01439431
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02242912
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02210039
IRS990/LandBldgEquipCostOrOtherBssAmt03649470
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
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/NetAssetsOrFundBalancesBOYAmt02377672
IRS990/NetAssetsOrFundBalancesEOYAmt02387408
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02377672
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02387408
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt037942
IRS990/OccupancyGrp/TotalAmt037942
IRS990/OfficeExpensesGrp/ProgramServicesAmt01289
IRS990/OfficeExpensesGrp/TotalAmt01289
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0166420
IRS990/OtherAssetsTotalGrp/EOYAmt0187667
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT EXPENSE STAF
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2SNOW REMOVAL
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0152603
IRS990/OtherExpensesGrp/ProgramServicesAmt150464
IRS990/OtherExpensesGrp/ProgramServicesAmt28240
IRS990/OtherExpensesGrp/ProgramServicesAmt37217
IRS990/OtherExpensesGrp/TotalAmt0152603
IRS990/OtherExpensesGrp/TotalAmt150464
IRS990/OtherExpensesGrp/TotalAmt28240
IRS990/OtherExpensesGrp/TotalAmt37217
IRS990/OtherLiabilitiesGrp/BOYAmt014912
IRS990/OtherLiabilitiesGrp/EOYAmt015245
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt04287
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04287
IRS990/OtherRevenueTotalAmt04287
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015597
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015987
IRS990/PrincipalOfficerNm0PANOS NIARCHOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0274018
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1162399
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0274018
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1162399
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0563
IRS990/PYOtherExpensesAmt0456680
IRS990/PYOtherRevenueAmt017792
IRS990/PYProgramServiceRevenueAmt0371802
IRS990/PYRevenuesLessExpensesAmt0-66523
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0456680
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0390157
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt09736
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0436417
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt066
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0499
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0563
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01221
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0435373
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0390072
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0371802
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0374133
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0354216
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01925596
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0499
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0563
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01221
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00600
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04287
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt010693
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt017792
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03373
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03252
IRS990ScheduleA/OtherIncome509Grp/TotalAmt039397
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97930
IRS990ScheduleA/PublicSupportPY509Pct00.97450
IRS990ScheduleA/PublicSupportTotal509Amt01925596
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0435373
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0390072
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0371802
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0374133
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0354216
IRS990ScheduleA/Total509Grp/TotalAmt01925596
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0439726
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0401264
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0390157
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0377547
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0357520
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01966214
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01817266
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01309651
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03126917
IRS990ScheduleD/EquipmentGrp/BookValueAmt039373
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0129780
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0169153
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0431036
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0353400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0353400
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0140141
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt115469
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt222466
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt39591
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015245
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0440772
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/TotalBookValueLandBuildingsAmt02210039
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0187667
IRS990ScheduleD/TotalExpensesPerForm990Amt0431036
IRS990ScheduleD/TotalLiabilityAmt015245
IRS990ScheduleD/TotalRevenuePerForm990Amt0440772
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0440772
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0431036
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 MEMBERSHIP OF THE CORPORATION SHALL BE HELD BY AHEPA NATIONAL HOUSING CORPORATION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTORS OF THE CORPORATION SHALL, AT ALL TIMES BE, LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF THE BOARD OF DIRECTORS OF AHEPA NATIONAL HOUSING CORPORATION, THE SPONSORING ORGANIZATION, OR NONMEMBERS WHO HAVE THE APPROVAL OF THE SAID SPONSORING ORGANIZATION. IN THE EVENT THAT A DIRECTOR CEASES TO BE A MEMBER OF AHEPA NATIONAL HOUSING CORPORATION, OR IF THE AFORESAID APPROVAL IS WITHDRAWN, THEN IN EITHER EVENT, SUCH SHALL CONSTITUTE AUTOMATIC RESIGNATION AS A MEMBER AND DIRECTOR OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VACANCIES ON THE BOARD OF DIRECTORS SHALL BE FILLED UPON APPROVAL OF AHEPA NATIONAL HOUSING CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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/ExplanationTxt5REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS COMPLYING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS IS CONSISTENT WITH PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd180
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd190
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd220
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd230
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd240
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd250
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd260
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd270
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd280
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd290
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd310
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd320
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd330

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings