Ahepa No 23--Phase II Inc

EIN 63-1140959 • 501(c)3 • Montgomery, AL

Profile

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

285 Sylvest DrMontgomery, AL 36117

n/A

Siviq Scores

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

0.11x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

0.33x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

-7.2%

Higher net margin than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

No value available

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

-1.1%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

18%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / Assets57th percentile

Assets

Down

$1,877,304

Down $20,110 (-1.1%) from 2023

Liabilities

$206,270

Up $21,634 (+12%) from 2023

Net Assets

Down

$1,671,034

Down $41,744 (-2.4%) from 2023

Operations

Liabilities / Revenue74th percentile Net Margin25th percentile

Revenue

$627,595

Up $95,484 (+18%) from 2023

Expenses

$672,924

Up $48,100 (+7.7%) from 2023

Net Income

-$45,329

Up $47,384 (+51%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

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

Highlighted filing

2024

Assets$1,877,304

Liabilities$206,270

Net Assets$1,671,034

Open 2024 Filing

Operations Trend

Revenue Growth66th percentile

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

Highlighted filing

2024

Revenue$627,595

Expenses$672,924

Net Income-$45,329

Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $1,877,304
Liabilities: $206,270
Net assets: $1,671,034
Revenue: $627,595
Expenses: $672,924
Net income: -$45,329

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.88	$0.21	$1.67	$0.63	$0.67	$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.90	$0.18	$1.71	$0.53	$0.62	$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.96	$0.16	$1.81	$0.51	$0.60	$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.99	$0.09	$1.90	$0.52	$0.59	$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.04	$0.07	$1.97	$0.51	$0.61	$0.09
2019Summary only. Only limited summary data is available for this year.	$2.23	$3.66	$1.43	$0.46	$0.58	$0.12
2018Summary only. Only limited summary data is available for this year.	$2.32	$3.63	$1.31	$0.48	$0.54	$0.05
2017Summary only. Only limited summary data is available for this year.	$2.37	$3.63	$1.26	$0.48	$0.56	$0.09
2016Summary only. Only limited summary data is available for this year.	$2.44	$3.61	$1.17	$0.47	$0.61	$0.14
2015Summary only. Only limited summary data is available for this year.	$2.50	$3.54	$1.03	$0.48	$0.53	$0.06
2014Summary only. Only limited summary data is available for this year.	$2.57	$3.55	$0.97	$0.49	$0.54	$0.04
2013Summary only. Only limited summary data is available for this year.	$2.60	$3.53	$0.93	$0.49	$0.51	$0.02
2012Summary only. Only limited summary data is available for this year.	$2.62	$3.53	$0.91	$0.49	$0.53	$0.04
2011Summary only. Only limited summary data is available for this year.	$2.67	$3.53	$0.87	$0.48	$0.52	$0.04

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jul 1, 2023 to Jun 30, 2024
Signed: Apr 28, 2025
Return Version: 2023v6.0
Gross Receipts: $627,595

Mission and Program Overview

Mission

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

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$1,572,444	$1,464,578	▼ $107,866
Accounts Receivable	$110,692	$143,240	▲ $32,548
Prepaid Expenses and Deferred Charges	$902	$3,098	▲ $2,196
Total Assets	$1,897,414	$1,877,304	▼ $20,110
Other Assets Total	$213,376	$266,388	▲ $53,012
Liabilities
Accounts Payable and Accrued Expenses	$165,187	$184,811	▲ $19,624
Other Liabilities	$18,141	$17,774	▼ $367
Deferred Revenue	$1,308	$3,685	▲ $2,377
Total Liabilities	$184,636	$206,270	▲ $21,634
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$1,712,778	$1,671,034	▼ $41,744
Total Net Assets Fund Balance	$1,712,778	$1,671,034	▼ $41,744
Total Liabilities and Net Assets / Fund Balance	$1,897,414	$1,877,304	▼ $20,110

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$1,198,853	$2,408,394	$3,607,247
Equipment	$40,685	$247,323	$288,008
Land	$225,040	-	$225,040
Other Assets Org	$73	-	-

Compensation and Service Providers

Top Officer PayScore unavailable

Board Members and Trustees

Name	Title
Ike Gulas	President
John Zourzoukis	Vice President
Angelo Kostarides	Director
Charrie Regopoulos	Director
Christ Coumanis	Director
Ellen Platis	Director
George Nardone	Director
John Grossomanides	Director
Konstantine Angelo	Director
Mark Bullock	Director
Tasos Kalantzis	Director
Demetrios Makris	Secretary
Michael Pihakis	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $618,514
Investment Income: $7,018
Other Revenue: $2,063
Change in Net Assets: $-45,329

Audited Revenue Reconciliation

Revenue per Audited Statements: $627,595
Revenue Not Reported on Financial Statements: $0
Revenue Not Reported on Form 990: $0
Total Revenue per Audited Statements: $627,595
Total Revenue per Form 990: $627,595

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$672,924
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Salaries, Compensation, and Employee Benefits	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Depreciation Depletion	$116,161	-	-	$116,161
Insurance	$68,281	-	-	$68,281
Occupancy	$60,010	-	-	$60,010
Fees for Services Management	-	$35,997	-	$35,997
Fees for Services Accounting	-	$14,149	-	$14,149
All Other Expenses	$13,850	-	-	$13,850
Information Technology	$12,028	-	-	$12,028
Office Expenses	$10,774	-	-	$10,774
Other Expenses	$7,081	-	-	$7,081
Fees for Services Legal	$3,228	-	-	$3,228
Travel	$1,592	-	-	$1,592
Conferences and Meetings	-	$1,420	-	$1,420
Advertising	$58	-	-	$58
Total Functional Expenses	$621,358	$51,566	$0	$672,924

Audited Expense Reconciliation

Line Item	Amount
Expenses per Audited Statements	$672,924
Total Expenses per Audited Statements	$672,924
Total Expenses per Form 990	$672,924
Expenses Not Reported on Financial Statements	$0
Expenses Not Reported on Form 990	$0

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Related Organizations and Partnerships

Related Tax-Exempt Organizations

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

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Security Deposit Liability	$17,774

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

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

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

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

“Vacancies on the board of directors shall be filled upon approval of ahepa national housing corporation.”

Form 990, Part VI, Section 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.”

Part VII, Section A, Line 1A, Column B

“All the officers, directors, and employees listed in part vii, section a, performed similar duties and have similar responsibilities for related organizations as they do for this organization. Their total hours worked per week for this organization are similar to hours worked for related organizations both in terms of number of hours worked and type of work performed.”

Filing and Contact Details

Filer

Filer Name: Ahepa No 23--phase Ii Inc
EIN: 63-1140959
Phone: 3342740076
Address: 285 SYLVEST DR, MONTGOMERY, AL 36117

Signing Officer

Name: Theodore Gulas
Title: President
Phone: 3342740076
Signed: 2025-04-28
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Theodore Gulas
Formed: 2004
Legal Domicile: Al
Voting Board Members: 13
Independent Board Members: 13
Employees: 0
Volunteers: 13

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.”

Raw XML AppendixShowing 400 of 1,104 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/AccountantCompileOrReviewInd	0	0
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt	0	165187
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt	0	184811
IRS990/AccountsReceivableGrp/BOYAmt	0	110692
IRS990/AccountsReceivableGrp/EOYAmt	0	143240
IRS990/ActivitiesConductedPrtshpInd	0	0
IRS990/ActivityOrMissionDesc	0	THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
IRS990/AdvertisingGrp/ProgramServicesAmt	0	58
IRS990/AdvertisingGrp/TotalAmt	0	58
IRS990/AllOtherExpensesGrp/ProgramServicesAmt	0	13850
IRS990/AllOtherExpensesGrp/TotalAmt	0	13850
IRS990/AuditCommitteeInd	0	1
IRS990/BackupWthldComplianceInd	0	1
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	AHEPA MANAGEMENT COMPANY
IRS990/BooksInCareOfDetail/PhoneNum	0	3178453410
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	10706 SKY PRAIRIE ST
IRS990/BooksInCareOfDetail/USAddress/CityNm	0	FISHERS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd	0	46038
IRS990/BusinessRlnWith35CtrlEntInd	0	0
IRS990/BusinessRlnWithFamMemInd	0	0
IRS990/BusinessRlnWithOrgMemInd	0	0
IRS990/ChangeToOrgDocumentsInd	0	0
IRS990/CntrctRcvdGreaterThan100KCnt	0	0
IRS990/CollectionsOfArtInd	0	0
IRS990/CompensationFromOtherSrcsInd	0	0
IRS990/CompensationProcessCEOInd	0	0
IRS990/CompensationProcessOtherInd	0	0
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt	0	1420
IRS990/ConferencesMeetingsGrp/TotalAmt	0	1420
IRS990/ConflictOfInterestPolicyInd	0	0
IRS990/ConservationEasementsInd	0	0
IRS990/ConsolidatedAuditFinclStmtInd	0	0
IRS990/CreditCounselingInd	0	0
IRS990/CYBenefitsPaidToMembersAmt	0	0
IRS990/CYContributionsGrantsAmt	0	0
IRS990/CYGrantsAndSimilarPaidAmt	0	0
IRS990/CYInvestmentIncomeAmt	0	7018
IRS990/CYOtherExpensesAmt	0	672924
IRS990/CYOtherRevenueAmt	0	2063
IRS990/CYProgramServiceRevenueAmt	0	618514
IRS990/CYRevenuesLessExpensesAmt	0	-45329
IRS990/CYSalariesCompEmpBnftPaidAmt	0	0
IRS990/CYTotalExpensesAmt	0	672924
IRS990/CYTotalFundraisingExpenseAmt	0	0
IRS990/CYTotalProfFndrsngExpnsAmt	0	0
IRS990/CYTotalRevenueAmt	0	627595
IRS990/DecisionsSubjectToApprovaInd	0	1
IRS990/DeductibleArtContributionInd	0	0
IRS990/DeductibleNonCashContriInd	0	0
IRS990/DeferredRevenueGrp/BOYAmt	0	1308
IRS990/DeferredRevenueGrp/EOYAmt	0	3685
IRS990/DelegationOfMgmtDutiesInd	0	1
IRS990/DepreciationDepletionGrp/ProgramServicesAmt	0	116161
IRS990/DepreciationDepletionGrp/TotalAmt	0	116161
IRS990/Desc	0	PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.
IRS990/DescribedInSection501c3Ind	0	1
IRS990/DisregardedEntityInd	0	0
IRS990/DocumentRetentionPolicyInd	0	0
IRS990/DonorAdvisedFundInd	0	0
IRS990/DonorRstrOrQuasiEndowmentsInd	0	0
IRS990/ElectionOfBoardMembersInd	0	1
IRS990/EmployeeCnt	0	0
IRS990/EngagedInExcessBenefitTransInd	0	0
IRS990/ExpenseAmt	0	621358
IRS990/FamilyOrBusinessRlnInd	0	0
IRS990/FederalGrantAuditPerformedInd	0	1
IRS990/FederalGrantAuditRequiredInd	0	1
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt	0	14149
IRS990/FeesForServicesAccountingGrp/TotalAmt	0	14149
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt	0	3228
IRS990/FeesForServicesLegalGrp/TotalAmt	0	3228
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt	0	35997
IRS990/FeesForServicesManagementGrp/TotalAmt	0	35997
IRS990/ForeignActivitiesInd	0	0
IRS990/ForeignFinancialAccountInd	0	0
IRS990/ForeignOfficeInd	0	0
IRS990/Form8282PropertyDisposedOfInd	0	0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	0	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	1	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	2	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	3	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	4	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	5	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	6	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	7	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	8	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	9	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	10	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	11	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	12	2.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	0	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	1	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	2	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	3	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	4	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	5	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	6	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	7	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	8	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	9	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	10	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	11	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	12	1.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	0	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	1	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	2	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	3	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	4	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	5	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	6	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	7	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	8	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	9	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	10	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	11	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	12	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	0	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	1	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	2	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	3	X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	0	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	1	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	2	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	3	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	4	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	5	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	6	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	7	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	8	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	9	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	10	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	11	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	12	0
IRS990/Form990PartVIISectionAGrp/PersonNm	0	IKE GULAS
IRS990/Form990PartVIISectionAGrp/PersonNm	1	JOHN ZOURZOUKIS
IRS990/Form990PartVIISectionAGrp/PersonNm	2	MICHAEL PIHAKIS
IRS990/Form990PartVIISectionAGrp/PersonNm	3	DEMETRIOS MAKRIS
IRS990/Form990PartVIISectionAGrp/PersonNm	4	JOHN GROSSOMANIDES
IRS990/Form990PartVIISectionAGrp/PersonNm	5	TASOS KALANTZIS
IRS990/Form990PartVIISectionAGrp/PersonNm	6	CHARRIE REGOPOULOS
IRS990/Form990PartVIISectionAGrp/PersonNm	7	CHRIST COUMANIS
IRS990/Form990PartVIISectionAGrp/PersonNm	8	GEORGE NARDONE
IRS990/Form990PartVIISectionAGrp/PersonNm	9	MARK BULLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm	10	ANGELO KOSTARIDES
IRS990/Form990PartVIISectionAGrp/PersonNm	11	ELLEN PLATIS
IRS990/Form990PartVIISectionAGrp/PersonNm	12	KONSTANTINE ANGELO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	0	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	1	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	2	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	3	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	4	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	5	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	6	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	7	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	8	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	9	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	10	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	11	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	12	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	0	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	1	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	2	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	3	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	4	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	5	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	6	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	7	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	8	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	9	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	10	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	11	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	12	0
IRS990/Form990PartVIISectionAGrp/TitleTxt	0	PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt	1	VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt	2	TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt	3	SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt	4	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	5	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	6	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	7	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	8	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	9	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	10	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	11	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	12	DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd	0	1
IRS990/FormationYr	0	2004
IRS990/FormerOfcrEmployeesListedInd	0	0
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd	0	X
IRS990/FSAuditedInd	0	1
IRS990/FundraisingActivitiesInd	0	0
IRS990/GamingActivitiesInd	0	0
IRS990/GoverningBodyVotingMembersCnt	0	13
IRS990/GrantsToIndividualsInd	0	0
IRS990/GrantsToOrganizationsInd	0	0
IRS990/GrantToRelatedPersonInd	0	0
IRS990/GrossReceiptsAmt	0	627595
IRS990/GroupReturnForAffiliatesInd	0	0
IRS990/IncludeFIN48FootnoteInd	0	0
IRS990/IndependentAuditFinclStmtInd	0	1
IRS990/IndependentVotingMemberCnt	0	13
IRS990/IndivRcvdGreaterThan100KCnt	0	0
IRS990/IndoorTanningServicesInd	0	0
IRS990/InfoInScheduleOPartVIIInd	0	X
IRS990/InfoInScheduleOPartVIInd	0	X
IRS990/InfoInScheduleOPartXIIInd	0	X
IRS990/InformationTechnologyGrp/ProgramServicesAmt	0	12028
IRS990/InformationTechnologyGrp/TotalAmt	0	12028
IRS990/InsuranceGrp/ProgramServicesAmt	0	68281
IRS990/InsuranceGrp/TotalAmt	0	68281
IRS990/InvestmentIncomeGrp/ExclusionAmt	0	7018
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt	0	7018
IRS990/InvestmentInJointVentureInd	0	0
IRS990/IRPDocumentCnt	0	0
IRS990/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	2655717
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	1572444
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	1464578
IRS990/LandBldgEquipCostOrOtherBssAmt	0	4120295
IRS990/LegalDomicileStateCd	0	AL
IRS990/LoanOutstandingInd	0	0
IRS990/LobbyingActivitiesInd	0	0
IRS990/LocalChaptersInd	0	0
IRS990/MaterialDiversionOrMisuseInd	0	0
IRS990/MembersOrStockholdersInd	0	0
IRS990/MethodOfAccountingAccrualInd	0	X
IRS990/MinutesOfCommitteesInd	0	1
IRS990/MinutesOfGoverningBodyInd	0	1
IRS990/MissionDesc	0	THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd	0	0
IRS990/MoreThan5000KToOrgInd	0	0
IRS990/NetAssetsOrFundBalancesBOYAmt	0	1712778
IRS990/NetAssetsOrFundBalancesEOYAmt	0	1671034
IRS990/NetUnrelatedBusTxblIncmAmt	0	0
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt	0	1712778
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt	0	1671034
IRS990/NoListedPersonsCompensatedInd	0	X
IRS990/NondeductibleContributionsInd	0	0
IRS990/OccupancyGrp/ProgramServicesAmt	0	60010
IRS990/OccupancyGrp/TotalAmt	0	60010
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	10774
IRS990/OfficeExpensesGrp/TotalAmt	0	10774
IRS990/OfficerMailingAddressInd	0	0
IRS990/OperateHospitalInd	0	0
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsFASB117Ind	0	X
IRS990/OtherAssetsTotalGrp/BOYAmt	0	213376
IRS990/OtherAssetsTotalGrp/EOYAmt	0	266388
IRS990/OtherChangesInNetAssetsAmt	0	0
IRS990/OtherExpensesGrp/Desc	0	MANAGEMENT EXPENSE STAF
IRS990/OtherExpensesGrp/Desc	1	CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc	2	SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc	3	TRASH REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	155431
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	92396
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	80468
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	7081
IRS990/OtherExpensesGrp/TotalAmt	0	155431
IRS990/OtherExpensesGrp/TotalAmt	1	92396
IRS990/OtherExpensesGrp/TotalAmt	2	80468
IRS990/OtherExpensesGrp/TotalAmt	3	7081
IRS990/OtherLiabilitiesGrp/BOYAmt	0	18141
IRS990/OtherLiabilitiesGrp/EOYAmt	0	17774
IRS990/OtherRevenueMiscGrp/BusinessCd	0	531110
IRS990/OtherRevenueMiscGrp/Desc	0	OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt	0	2063
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt	0	2063
IRS990/OtherRevenueTotalAmt	0	2063
IRS990/PartialLiquidationInd	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	0
IRS990/PoliticalCampaignActyInd	0	0
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	902
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	3098
IRS990/PrincipalOfficerNm	0	THEODORE GULAS
IRS990/PriorPeriodAdjustmentsAmt	0	3585
IRS990/ProfessionalFundraisingInd	0	0
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc	1	RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	423456
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	195058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	423456
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	195058
IRS990/ProhibitedTaxShelterTransInd	0	0
IRS990/PYBenefitsPaidToMembersAmt	0	0
IRS990/PYContributionsGrantsAmt	0	0
IRS990/PYExcessBenefitTransInd	0	0
IRS990/PYGrantsAndSimilarPaidAmt	0	0
IRS990/PYInvestmentIncomeAmt	0	1550
IRS990/PYOtherExpensesAmt	0	624824
IRS990/PYOtherRevenueAmt	0	2698
IRS990/PYProgramServiceRevenueAmt	0	527863
IRS990/PYRevenuesLessExpensesAmt	0	-92713
IRS990/PYSalariesCompEmpBnftPaidAmt	0	0
IRS990/PYTotalExpensesAmt	0	624824
IRS990/PYTotalProfFndrsngExpnsAmt	0	0
IRS990/PYTotalRevenueAmt	0	532111
IRS990/QuidProQuoContributionsInd	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-45329
IRS990/RelatedEntityInd	0	1
IRS990/RelatedOrganizationCtrlEntInd	0	0
IRS990/ReportInvestmentsOtherSecInd	0	0
IRS990/ReportLandBuildingEquipmentInd	0	1
IRS990/ReportOtherAssetsInd	0	1
IRS990/ReportOtherLiabilitiesInd	0	1
IRS990/ReportProgramRelatedInvstInd	0	0
IRS990/RevenueAmt	0	618514
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	0	MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	0	PART III, LINE 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	7018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	1550
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	15
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	60
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	2481
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	11124
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	618514
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	527863
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	504453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	515384
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	486862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	2653076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	7018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	1550
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	15
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	60
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	2481
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	11124
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00410
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00320
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	2063
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	2698
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	1659
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	2639
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	25455
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	34514
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.98310
IRS990ScheduleA/PublicSupportPY509Pct	0	0.98310
IRS990ScheduleA/PublicSupportTotal509Amt	0	2653076
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	618514
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	527863
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	504453
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	515384
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	486862
IRS990ScheduleA/Total509Grp/TotalAmt	0	2653076
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	627595
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	532111
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	506127
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	518083
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	514798
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	2698714
IRS990/ScheduleBRequiredInd	0	0
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	1198853
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	2408394
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	3607247
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	40685
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	247323
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	288008
IRS990ScheduleD/ExpensesNotReportedAmt	0	0
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt	0	0
IRS990ScheduleD/ExpensesSubtotalAmt	0	672924
IRS990ScheduleD/LandGrp/BookValueAmt	0	225040
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	225040
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	0	248051
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	1	18264
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	2	73
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	0	RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	1	TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	2	ESCROW DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	17774
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt	0	0
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt	0	0
IRS990ScheduleD/RevenueSubtotalAmt	0	627595
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	1464578
IRS990ScheduleD/TotalBookValueOtherAssetsAmt	0	266388
IRS990ScheduleD/TotalExpensesPerForm990Amt	0	672924
IRS990ScheduleD/TotalLiabilityAmt	0	17774
IRS990ScheduleD/TotalRevenuePerForm990Amt	0	627595
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt	0	627595
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt	0	672924
IRS990/ScheduleJRequiredInd	0	0
IRS990/ScheduleORequiredInd	0	1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	THE CORPORATION IS MANAGED BY AHEPA AFFORDABLE MANAGEMENT COMPANY, INC., AN AFFILIATE OF AHEPA NATIONAL HOUSING CORPORATION. AHEPA AFFORDABLE MANAGEMENT COMPANY, INC. HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). UNDER THIS CERTIFICATION, HUD HAS APPROVED AHEPA AFFORDABLE MANAGEMENT COMPANY, INC TO MANAGE THE UNDERLYING PROJECT OF THE CORPORATION. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND OUTGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	THE DIRECTORS OF THE CORPORATION SHALL, AT ALL TIMES BE, LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF AHEPA NATIONAL HOUSING CORPORATION, THE SPONSORING ORGANIZATION, OR NONMEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF THE SAID SPONSORING ORGANIZATION. IF A DIRECTOR CEASES TO BE A MEMBER OF AHEPA NATIONAL HOUSING CORPORATION OR IF THE AFOREMENTIONED APPROVAL IS WITHDRAWN, THEN IN EITHER EVENT, SUCH SHALL CONSTITUTE AUTOMATIC RESIGNATION AS A MEMBER AND DIRECTOR OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	VACANCIES ON THE BOARD OF DIRECTORS SHALL BE FILLED UPON APPROVAL OF AHEPA NATIONAL HOUSING CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	THE IRS FORM 990 IS INITIALLY REVIEWED BY THE MANAGEMENT COMPANY AND THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND FINAL APPROVAL BEFORE FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	ALL THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A, PERFORMED SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS WORKED AND TYPE OF WORK PERFORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	THE PROCESS IS CONSISTENT WITH PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990, PART VI, SECTION A, LINE 7B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.