Civic Intelligence

Ahepa 3 Inc

EIN 72-1397412 • 501(c)3 • Hoover, AL

Profile

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

3320 Old Columbiana RoadHoover, AL 35226

n/A

Siviq Scores

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

Liabilities / Assets

39th percentile

0.02x

Higher debt load relative to assets than 39% of similar nonprofits.

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

Liabilities / Revenue

52nd percentile

0.08x

Higher debt load relative to revenue than 52% of similar nonprofits.

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

Net Margin

36th percentile

-1.0%

Higher net margin than 36% of similar nonprofits.

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

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

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

Asset Growth

41st percentile

0.5%

Faster asset growth than 41% of similar nonprofits.

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

Revenue Growth

50th percentile

7.3%

Faster revenue growth than 50% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets39th percentile

Assets

Down

$2,499,832

Down $147,388 (-5.6%) from 2023

Liabilities

Down

$39,948

Down $37,870 (-49%) from 2023

Net Assets

Down

$2,459,884

Down $109,518 (-4.3%) from 2023

Operations
Liabilities / Revenue52nd percentileNet Margin36th percentile

Revenue

Up

$666,810

Up $60,373 (+10.0%) from 2023

Expenses

Up

$776,328

Up $46,813 (+6.4%) from 2023

Net Income

Up

-$109,518

Up $13,560 (+11%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $3,321,639Liabilities 2011: $4,125,924Net Assets 2011: -$804,2852011Assets 2012: $3,260,404Liabilities 2012: $4,166,923Net Assets 2012: -$906,5192012Assets 2013: $3,151,459Liabilities 2013: $4,162,326Net Assets 2013: -$1,010,8672013Assets 2014: $3,091,752Liabilities 2014: $4,130,872Net Assets 2014: -$1,039,1202014Assets 2015: $3,022,380Liabilities 2015: $4,107,995Net Assets 2015: -$1,085,6152015Assets 2016: $2,955,445Liabilities 2016: $4,105,575Net Assets 2016: -$1,150,1302016Assets 2017: $2,893,935Liabilities 2017: $4,107,798Net Assets 2017: -$1,213,8632017Assets 2018: $2,873,306Liabilities 2018: $4,114,032Net Assets 2018: -$1,240,7262018Assets 2019: $2,814,260Liabilities 2019: $4,119,602Net Assets 2019: -$1,305,3422019Assets 2020: $2,796,151Liabilities 2020: $37,777Net Assets 2020: $2,758,3742020Assets 2021: $2,820,065Liabilities 2021: $51,842Net Assets 2021: $2,768,2232021Assets 2022: $2,744,109Liabilities 2022: $51,629Net Assets 2022: $2,692,4802022Assets 2023: $2,647,220Liabilities 2023: $77,818Net Assets 2023: $2,569,4022023Assets 2024: $2,499,832Liabilities 2024: $39,948Net Assets 2024: $2,459,8842024

Highlighted filing

2024

Assets$2,499,832
Liabilities$39,948
Net Assets$2,459,884
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $443,227Expenses 2011: $503,395Net Income 2011: -$60,1682011Revenue 2012: $458,829Expenses 2012: $561,063Net Income 2012: -$102,2342012Revenue 2013: $481,569Expenses 2013: $538,545Net Income 2013: -$56,9762013Revenue 2014: $485,290Expenses 2014: $513,543Net Income 2014: -$28,2532014Revenue 2015: $483,634Expenses 2015: $530,129Net Income 2015: -$46,4952015Revenue 2016: $483,851Expenses 2016: $548,366Net Income 2016: -$64,5152016Revenue 2017: $481,773Expenses 2017: $545,506Net Income 2017: -$63,7332017Revenue 2018: $494,447Expenses 2018: $521,310Net Income 2018: -$26,8632018Revenue 2019: $516,027Expenses 2019: $580,643Net Income 2019: -$64,6162019Revenue 2020: $600,718Expenses 2020: $603,002Net Income 2020: -$2,2842020Revenue 2021: $569,687Expenses 2021: $559,840Net Income 2021: $9,8472021Revenue 2022: $573,280Expenses 2022: $649,023Net Income 2022: -$75,7432022Revenue 2023: $606,437Expenses 2023: $729,515Net Income 2023: -$123,0782023Revenue 2024: $666,810Expenses 2024: $776,328Net Income 2024: -$109,5182024

Highlighted filing

2024

Revenue$666,810
Expenses$776,328
Net Income-$109,518
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$2,499,832
Liabilities
$39,948
Net assets
$2,459,884
Revenue
$666,810
Expenses
$776,328
Net income
-$109,518
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.50$0.04$2.46$0.67$0.78$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.65$0.08$2.57$0.61$0.73$0.12
2022Detailed filing. Detailed filing data is available for this year.$2.74$0.05$2.69$0.57$0.65$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.82$0.05$2.77$0.57$0.56$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.80$0.04$2.76$0.60$0.60$0.00
2019Summary only. Only limited summary data is available for this year.$2.81$4.12$1.31$0.52$0.58$0.06
2018Summary only. Only limited summary data is available for this year.$2.87$4.11$1.24$0.49$0.52$0.03
2017Summary only. Only limited summary data is available for this year.$2.89$4.11$1.21$0.48$0.55$0.06
2016Summary only. Only limited summary data is available for this year.$2.96$4.11$1.15$0.48$0.55$0.06
2015Summary only. Only limited summary data is available for this year.$3.02$4.11$1.09$0.48$0.53$0.05
2014Summary only. Only limited summary data is available for this year.$3.09$4.13$1.04$0.49$0.51$0.03
2013Summary only. Only limited summary data is available for this year.$3.15$4.16$1.01$0.48$0.54$0.06
2012Summary only. Only limited summary data is available for this year.$3.26$4.17$0.91$0.46$0.56$0.10
2011Summary only. Only limited summary data is available for this year.$3.32$4.13$0.80$0.44$0.50$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 21, 2025
Return Version
2023v6.0
Gross Receipts
$666,810
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,135,892$2,118,158▼ $17,734
Investments Program Related$440,151$324,408▼ $115,743
Prepaid Expenses and Deferred Charges$44,415$25,184▼ $19,231
Accounts Receivable$3,056$7,690▲ $4,634
Cash and Non-Interest-Bearing Accounts-$198-
Total Assets$2,647,220$2,499,832▼ $147,388
Other Assets Total$23,706$24,194▲ $488
Liabilities
Other Liabilities$40,378$24,644▼ $15,734
Accounts Payable and Accrued Expenses$31,122$13,258▼ $17,864
Deferred Revenue$6,318$2,046▼ $4,272
Total Liabilities$77,818$39,948▼ $37,870
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,569,402$2,459,884▼ $109,518
Total Net Assets Fund Balance$2,569,402$2,459,884▼ $109,518
Total Liabilities and Net Assets / Fund Balance$2,647,220$2,499,832▼ $147,388

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,611,821$2,332,181$3,944,002
Land$455,000-$455,000
Equipment$51,337$228,263$279,600
Investment Program Related Org$517--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Theodore GulasPresident
James PihakisVice President
Alexander GulasDirector
Mike DerzisDirector
Terry WhiteDirector
Pete TriantosSecretary
Christo JebelesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$655,363
Investment Income
$9,279
Other Revenue
$2,168
Change in Net Assets
$-109,518

Audited Revenue Reconciliation

Revenue per Audited Statements
$666,810
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$666,810
Total Revenue per Form 990
$666,810
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$776,328
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$114,153--$114,153
Insurance$70,244--$70,244
Occupancy$64,833--$64,833
Fees for Services Management-$47,707-$47,707
Other Expenses$42,315--$42,315
All Other Expenses$41,805--$41,805
Fees for Services Accounting-$14,105-$14,105
Information Technology$10,553--$10,553
Travel$5,598--$5,598
Office Expenses$4,850--$4,850
Conferences and Meetings-$2,603-$2,603
Advertising$170--$170
Total Functional Expenses$711,913$64,415$0$776,328

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$776,328
Total Expenses per Audited Statements$776,328
Total Expenses per Form 990$776,328
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 Deposits$23,647
Misc Current Liabilities$997
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., and 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. 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 3 Inc
EIN
72-1397412
Phone
2059782157
Address
3320 OLD COLUMBIANA ROAD, HOOVER, AL 35226

Signing Officer

Name
Theodore Gulas
Title
President
Phone
2059782157
Signed
2025-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ike Gulas
Formed
2004
Legal Domicile
Al
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”

Raw XML AppendixShowing 400 of 426 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/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044415
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025184
IRS990/PrincipalOfficerNm0IKE GULAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0404086
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1251277
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0404086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1251277
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02828
IRS990/PYOtherExpensesAmt0729515
IRS990/PYOtherRevenueAmt0218
IRS990/PYProgramServiceRevenueAmt0603391
IRS990/PYRevenuesLessExpensesAmt0-123078
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0729515
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0606437
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-109518
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0655363
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt09279
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02828
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt099
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01074
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013315
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0655363
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0603391
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0572516
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0568487
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0536303
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02936060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt09279
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02828
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt099
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013315
IRS990ScheduleA/InvestmentIncomeCYPct00.00450
IRS990ScheduleA/InvestmentIncomePYPct00.00180
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02168
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0218
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0729
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0379
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt013410
IRS990ScheduleA/OtherIncome509Grp/TotalAmt016904
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98980
IRS990ScheduleA/PublicSupportPY509Pct00.99280
IRS990ScheduleA/PublicSupportTotal509Amt02936060
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0655363
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0603391
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0572516
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0568487
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0536303
IRS990ScheduleA/Total509Grp/TotalAmt02936060
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0666810
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0606437
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0573280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0568965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0550787
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02966279
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01611821
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02332181
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03944002
IRS990ScheduleD/EquipmentGrp/BookValueAmt051337
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0228263
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0279600
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0776328
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt010119
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1313772
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2517
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2PAINTING RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt0455000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0455000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023647
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1997
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MISC CURRENT LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0666810
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02118158
IRS990ScheduleD/TotalBookValueProgramRltdAmt0324408
IRS990ScheduleD/TotalExpensesPerForm990Amt0776328
IRS990ScheduleD/TotalLiabilityAmt024644
IRS990ScheduleD/TotalRevenuePerForm990Amt0666810
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0666810
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0776328
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS MANAGED BY AHEPA AFFORDABLE MANAGEMENT COMPANY, INC., AND 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. UNDER THIS CERTIFICATION, HUD HAS APPROVED AHEPA AFFORDABLE MANAGEMENT COMPANY, INC TO MANAGE THE UNDERLYING PROJECT OF THE CORPORATION. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND OUTGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE IRS FORM 990 IS INITIALLY REVIEWED BY THE MANAGEMENT COMPANY AND THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND FINAL APPROVAL BEFORE FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS IS CONSISTENT WITH PRIOR YEARS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02647220
IRS990/TotalAssetsEOYAmt02499832
IRS990/TotalAssetsGrp/BOYAmt02647220
IRS990/TotalAssetsGrp/EOYAmt02499832
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt064415
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0711913
IRS990/TotalFunctionalExpensesGrp/TotalAmt0776328
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt077818
IRS990/TotalLiabilitiesEOYAmt039948
IRS990/TotalLiabilitiesGrp/BOYAmt077818
IRS990/TotalLiabilitiesGrp/EOYAmt039948
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02569402
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02459884
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0711913
IRS990/TotalProgramServiceRevenueAmt0655363
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt011447
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0655363
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0666810
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02647220
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02499832
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05598
IRS990/TravelGrp/TotalAmt05598
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03320 OLD COLUMBIANA RD
IRS990/USAddress/CityNm0HOOVER
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035226
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THEODORE GULAS

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