Civic Intelligence

Ahepa 23-III Inc.

EIN 63-1262817 • 501(c)3 • Montgomery, AL

Pub. 78 Eligible

Profile

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

1728 E Washington AvenueMontgomery, AL 36107

n/A

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.16x

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

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

Liabilities / Revenue

88th percentile

1.00x

Higher debt load relative to revenue than 88% of similar nonprofits.

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

Net Margin

5th percentile

-66%

Higher net margin than 5% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

32nd percentile

-1.7%

Faster asset growth than 32% of similar nonprofits.

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

Revenue Growth

41st percentile

2.8%

Faster revenue growth than 41% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$1,109,496

Down $102,371 (-8.4%) from 2023

Liabilities

Down

$173,931

Down $23,255 (-12%) from 2023

Net Assets

Down

$935,565

Down $79,116 (-7.8%) from 2023

Operations
Liabilities / Revenue88th percentileNet Margin5th percentile

Revenue

Up

$296,503

Up $98,481 (+50%) from 2023

Expenses

Up

$375,619

Up $46,369 (+14%) from 2023

Net Income

Up

-$79,116

Up $52,112 (+40%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

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

$2.0M$1.0M$0-$1.0MAssets 2011: $1,588,091Liabilities 2011: $1,827,460Net Assets 2011: -$239,3692011Assets 2012: $1,556,035Liabilities 2012: $1,825,119Net Assets 2012: -$269,0842012Assets 2013: $1,527,119Liabilities 2013: $1,833,573Net Assets 2013: -$306,4542013Assets 2014: $1,497,097Liabilities 2014: $1,834,634Net Assets 2014: -$337,5372014Assets 2015: $1,453,882Liabilities 2015: $1,832,551Net Assets 2015: -$378,6692015Assets 2016: $1,418,629Liabilities 2016: $1,826,580Net Assets 2016: -$407,9512016Assets 2017: $1,390,771Liabilities 2017: $1,826,901Net Assets 2017: -$436,1302017Assets 2018: $1,381,898Liabilities 2018: $1,827,309Net Assets 2018: -$445,4112018Assets 2019: $1,357,426Liabilities 2019: $1,828,345Net Assets 2019: -$470,9192019Assets 2020: $1,319,217Liabilities 2020: $16,694Net Assets 2020: $1,302,5232020Assets 2021: $1,264,208Liabilities 2021: $19,138Net Assets 2021: $1,245,0702021Assets 2022: $1,232,839Liabilities 2022: $86,930Net Assets 2022: $1,145,9092022Assets 2023: $1,211,867Liabilities 2023: $197,186Net Assets 2023: $1,014,6812023Assets 2024: $1,109,496Liabilities 2024: $173,931Net Assets 2024: $935,5652024

Highlighted filing

2024

Assets$1,109,496
Liabilities$173,931
Net Assets$935,565
Open 2024 Filing

Operations Trend

Revenue Growth41st percentile

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

$400K$200K$0-$200KRevenue 2011: $160,067Expenses 2011: $194,615Net Income 2011: -$34,5482011Revenue 2012: $168,976Expenses 2012: $198,691Net Income 2012: -$29,7152012Revenue 2013: $163,960Expenses 2013: $201,330Net Income 2013: -$37,3702013Revenue 2014: $169,514Expenses 2014: $200,597Net Income 2014: -$31,0832014Revenue 2015: $170,456Expenses 2015: $211,588Net Income 2015: -$41,1322015Revenue 2016: $184,729Expenses 2016: $214,011Net Income 2016: -$29,2822016Revenue 2017: $180,459Expenses 2017: $208,638Net Income 2017: -$28,1792017Revenue 2018: $184,761Expenses 2018: $194,042Net Income 2018: -$9,2812018Revenue 2019: $180,755Expenses 2019: $206,263Net Income 2019: -$25,5082019Revenue 2020: $193,937Expenses 2020: $230,095Net Income 2020: -$36,1582020Revenue 2021: $198,207Expenses 2021: $255,660Net Income 2021: -$57,4532021Revenue 2022: $192,553Expenses 2022: $291,714Net Income 2022: -$99,1612022Revenue 2023: $198,022Expenses 2023: $329,250Net Income 2023: -$131,2282023Revenue 2024: $296,503Expenses 2024: $375,619Net Income 2024: -$79,1162024

Highlighted filing

2024

Revenue$296,503
Expenses$375,619
Net Income-$79,116
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,109,496
Liabilities
$173,931
Net assets
$935,565
Revenue
$296,503
Expenses
$375,619
Net income
-$79,116
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.11$0.17$0.94$0.30$0.38$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.21$0.20$1.01$0.20$0.33$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.09$1.15$0.19$0.29$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.02$1.25$0.20$0.26$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.32$0.02$1.30$0.19$0.23$0.04
2019Summary only. Only limited summary data is available for this year.$1.36$1.83$0.47$0.18$0.21$0.03
2018Summary only. Only limited summary data is available for this year.$1.38$1.83$0.45$0.18$0.19$0.01
2017Summary only. Only limited summary data is available for this year.$1.39$1.83$0.44$0.18$0.21$0.03
2016Summary only. Only limited summary data is available for this year.$1.42$1.83$0.41$0.18$0.21$0.03
2015Summary only. Only limited summary data is available for this year.$1.45$1.83$0.38$0.17$0.21$0.04
2014Summary only. Only limited summary data is available for this year.$1.50$1.83$0.34$0.17$0.20$0.03
2013Summary only. Only limited summary data is available for this year.$1.53$1.83$0.31$0.16$0.20$0.04
2012Summary only. Only limited summary data is available for this year.$1.56$1.83$0.27$0.17$0.20$0.03
2011Summary only. Only limited summary data is available for this year.$1.59$1.83$0.24$0.16$0.19$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 20, 2025
Return Version
2023v6.0
Gross Receipts
$296,503
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$983,007$945,525▼ $37,482
Cash and Non-Interest-Bearing Accounts$106,736--
Accounts Receivable$4,311$90,131▲ $85,820
Prepaid Expenses and Deferred Charges$50$12,712▲ $12,662
Total Assets$1,211,867$1,109,496▼ $102,371
Other Assets Total$117,763$61,128▼ $56,635
Liabilities
Accounts Payable and Accrued Expenses$189,868$165,578▼ $24,290
Other Liabilities$6,995$6,435▼ $560
Deferred Revenue$323$1,918▲ $1,595
Total Liabilities$197,186$173,931▼ $23,255
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,014,681$935,565▼ $79,116
Total Net Assets Fund Balance$1,014,681$935,565▼ $79,116
Total Liabilities and Net Assets / Fund Balance$1,211,867$1,109,496▼ $102,371

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$859,012$845,048$1,704,060
Equipment$20,715$66,238$86,953
Land$65,798-$65,798
Other Land Buildings$0$8,369$8,369
Other Assets Org$6,315--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Theodore GulasPresident
John ZourzoukisVice President
Angelo KostaridesDirector
Charrie RegopoulosDirector
Christ CoumanisDirector
Ellen PlatisDirector
George NardoneDirector
John GrossomanidesDirector
Konstantine Gus AngeloDirector
Mark BullockDirector
Tasos KalantzisDirector
Demetrios MakrisSecretary
Michael PihakisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$295,545
Investment Income
$741
Other Revenue
$217
Change in Net Assets
$-79,116

Audited Revenue Reconciliation

Revenue per Audited Statements
$296,503
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$296,503
Total Revenue per Form 990
$296,503
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$375,619
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$48,484--$48,484
Insurance$35,924--$35,924
Occupancy$26,819--$26,819
Other Expenses$26,149--$26,149
Fees for Services Management-$15,631-$15,631
All Other Expenses$14,462--$14,462
Fees for Services Accounting-$8,716-$8,716
Information Technology$5,605--$5,605
Office Expenses$5,001--$5,001
Travel$3,372--$3,372
Fees for Services Legal$497--$497
Conferences and Meetings-$395-$395
Advertising$53--$53
Total Functional Expenses$350,877$24,742$0$375,619

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$375,619
Total Expenses per Audited Statements$375,619
Total Expenses per Form 990$375,619
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
Tenant Security Deposit Liability$6,435
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 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 23-iii Inc
EIN
63-1262817
Phone
3348543410
Address
1728 E WASHINGTON AVENUE, MONTGOMERY, AL 36107

Signing Officer

Name
Theodore Gulas
Title
President
Phone
3348543410
Signed
2025-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Theodore Gulas
Formed
2000
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 526 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/Form990PartVIISectionAGrp/PersonNm2MICHAEL PIHAKIS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0296503
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt05605
IRS990/InformationTechnologyGrp/TotalAmt05605
IRS990/InsuranceGrp/ProgramServicesAmt035924
IRS990/InsuranceGrp/TotalAmt035924
IRS990/InvestmentIncomeGrp/ExclusionAmt0741
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0741
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0919655
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0983007
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0945525
IRS990/LandBldgEquipCostOrOtherBssAmt01865180
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01014681
IRS990/NetAssetsOrFundBalancesEOYAmt0935565
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01014681
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0935565
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt026819
IRS990/OccupancyGrp/TotalAmt026819
IRS990/OfficeExpensesGrp/ProgramServicesAmt05001
IRS990/OfficeExpensesGrp/TotalAmt05001
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0117763
IRS990/OtherAssetsTotalGrp/EOYAmt061128
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT EXPENSE STAF
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc3SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/ProgramServicesAmt0119455
IRS990/OtherExpensesGrp/ProgramServicesAmt137550
IRS990/OtherExpensesGrp/ProgramServicesAmt227506
IRS990/OtherExpensesGrp/ProgramServicesAmt326149
IRS990/OtherExpensesGrp/TotalAmt0119455
IRS990/OtherExpensesGrp/TotalAmt137550
IRS990/OtherExpensesGrp/TotalAmt227506
IRS990/OtherExpensesGrp/TotalAmt326149
IRS990/OtherLiabilitiesGrp/BOYAmt06995
IRS990/OtherLiabilitiesGrp/EOYAmt06435
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0217
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0217
IRS990/OtherRevenueTotalAmt0217
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012712
IRS990/PrincipalOfficerNm0THEODORE GULAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0227775
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt167770
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0227775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt167770
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0347
IRS990/PYOtherExpensesAmt0329250
IRS990/PYOtherRevenueAmt0978
IRS990/PYProgramServiceRevenueAmt0196697
IRS990/PYRevenuesLessExpensesAmt0-131228
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0329250
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0198022
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-79116
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0295545
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0741
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0347
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0415
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01549
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0295545
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0196697
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0191888
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0196973
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0188167
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01069270
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0741
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0415
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01549
IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0217
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0978
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0654
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01199
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05355
IRS990ScheduleA/OtherIncome509Grp/TotalAmt08403
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99080
IRS990ScheduleA/PublicSupportPY509Pct00.98940
IRS990ScheduleA/PublicSupportTotal509Amt01069270
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0295545
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0196697
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0191888
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0196973
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0188167
IRS990ScheduleA/Total509Grp/TotalAmt01069270
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0296503
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0198022
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0192553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0198207
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0193937
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01079222
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0859012
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0845048
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01704060
IRS990ScheduleD/EquipmentGrp/BookValueAmt020715
IRS990ScheduleD/EquipmentGrp/DepreciationAmt066238
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086953
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0375619
IRS990ScheduleD/LandGrp/BookValueAmt065798
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt065798
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt027225
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt16519
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt221069
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt36315
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE - HUD
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08369
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08369
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06435
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0296503
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0945525
IRS990ScheduleD/TotalBookValueOtherAssetsAmt061128
IRS990ScheduleD/TotalExpensesPerForm990Amt0375619
IRS990ScheduleD/TotalLiabilityAmt06435
IRS990ScheduleD/TotalRevenuePerForm990Amt0296503
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0296503
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0375619
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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/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

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