Civic Intelligence

Ahepa 110-III Inc

EIN 75-3030804 • 501(c)3 • Norwich, CT

Profile

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

370 Hamilton AvenueNorwich, CT 06360

n/A

Siviq Scores

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

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

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

Liabilities / Revenue

58th percentile

0.12x

Higher debt load relative to revenue than 58% of similar nonprofits.

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

Net Margin

18th percentile

-14%

Higher net margin than 18% 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

31st percentile

-1.9%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

46th percentile

5.0%

Faster revenue growth than 46% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets37th percentile

Assets

Down

$2,659,953

Down $1,167 (-0.0%) from 2024

Liabilities

Down

$36,928

Down $6,972 (-16%) from 2024

Net Assets

Up

$2,623,025

Up $5,805 (+0.2%) from 2024

Operations
Liabilities / Revenue58th percentileNet Margin18th percentile

Revenue

Up

$634,358

Up $31,279 (+5.2%) from 2024

Expenses

Up

$628,553

Up $100,947 (+19%) from 2024

Net Income

Down

$5,805

Down $69,668 (-92%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $3,862,889Liabilities 2010: $4,241,065Net Assets 2010: -$378,1762010Assets 2011: $3,782,199Liabilities 2011: $4,240,895Net Assets 2011: -$458,6962011Assets 2012: $3,694,996Liabilities 2012: $4,270,743Net Assets 2012: -$575,7472012Assets 2013: $3,631,559Liabilities 2013: $4,310,716Net Assets 2013: -$679,1572013Assets 2014: $3,510,960Liabilities 2014: $4,299,529Net Assets 2014: -$788,5692014Assets 2015: $3,395,326Liabilities 2015: $4,305,059Net Assets 2015: -$909,7332015Assets 2016: $3,294,047Liabilities 2016: $4,312,604Net Assets 2016: -$1,018,5572016Assets 2017: $3,146,887Liabilities 2017: $4,290,232Net Assets 2017: -$1,143,3452017Assets 2018: $3,048,868Liabilities 2018: $4,247,258Net Assets 2018: -$1,198,3902018Assets 2019: $2,953,762Liabilities 2019: $4,249,994Net Assets 2019: -$1,296,2322019Assets 2020: $2,890,961Liabilities 2020: $4,281,062Net Assets 2020: -$1,390,1012020Assets 2021: $2,751,144Liabilities 2021: $38,957Net Assets 2021: $2,712,1872021Assets 2022: $2,647,292Liabilities 2022: $42,274Net Assets 2022: $2,605,0182022Assets 2023: $2,596,088Liabilities 2023: $54,341Net Assets 2023: $2,541,7472023Assets 2024: $2,661,120Liabilities 2024: $43,900Net Assets 2024: $2,617,2202024Assets 2025: $2,659,953Liabilities 2025: $36,928Net Assets 2025: $2,623,0252025

Highlighted filing

2025

Assets$2,659,953
Liabilities$36,928
Net Assets$2,623,025
Open 2025 Filing

Operations Trend

Revenue Growth46th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $363,8232010Expenses 2011: $375,0662011Expenses 2012: $402,8522012Expenses 2013: $392,2222013Revenue 2014: $306,564Expenses 2014: $415,976Net Income 2014: -$109,4122014Revenue 2015: $298,964Expenses 2015: $420,128Net Income 2015: -$121,1642015Revenue 2016: $324,235Expenses 2016: $433,059Net Income 2016: -$108,8242016Revenue 2017: $349,473Expenses 2017: $474,261Net Income 2017: -$124,7882017Revenue 2018: $358,462Expenses 2018: $413,507Net Income 2018: -$55,0452018Revenue 2019: $378,510Expenses 2019: $476,352Net Income 2019: -$97,8422019Revenue 2020: $401,881Expenses 2020: $495,750Net Income 2020: -$93,8692020Revenue 2021: $411,018Expenses 2021: $512,360Net Income 2021: -$101,3422021Revenue 2022: $417,798Expenses 2022: $524,967Net Income 2022: -$107,1692022Revenue 2023: $438,526Expenses 2023: $501,797Net Income 2023: -$63,2712023Revenue 2024: $603,079Expenses 2024: $527,606Net Income 2024: $75,4732024Revenue 2025: $634,358Expenses 2025: $628,553Net Income 2025: $5,8052025

Highlighted filing

2025

Revenue$634,358
Expenses$628,553
Net Income$5,805
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,659,953
Liabilities
$36,928
Net assets
$2,623,025
Revenue
$634,358
Expenses
$628,553
Net income
$5,805
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.66$0.04$2.62$0.63$0.63$0.01
2024Detailed filing. Detailed filing data is available for this year.$2.66$0.04$2.62$0.60$0.53$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.60$0.05$2.54$0.44$0.50$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.65$0.04$2.61$0.42$0.52$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.75$0.04$2.71$0.41$0.51$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.89$4.28$1.39$0.40$0.50$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.95$4.25$1.30$0.38$0.48$0.10
2018Detailed filing. Detailed filing data is available for this year.$3.05$4.25$1.20$0.36$0.41$0.06
2017Detailed filing. Detailed filing data is available for this year.$3.15$4.29$1.14$0.35$0.47$0.12
2016Detailed filing. Detailed filing data is available for this year.$3.29$4.31$1.02$0.32$0.43$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.40$4.31$0.91$0.30$0.42$0.12
2014Detailed filing. Detailed filing data is available for this year.$3.51$4.30$0.79$0.31$0.42$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$4.31$0.68$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$4.27$0.58$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$4.24$0.46$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$4.24$0.38$0.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 8, 2026
Return Version
2024v5.5
Gross Receipts
$634,358
Mission and Program Overview

Mission

To provide low income elderly housing

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,252,834$2,270,820▲ $17,986
Prepaid Expenses and Deferred Charges$43,572$61,104▲ $17,532
Accounts Receivable$2,871$15,565▲ $12,694
Total Assets$2,661,120$2,659,953▼ $1,167
Other Assets Total$361,843$312,464▼ $49,379
Liabilities
Other Liabilities$18,848$17,939▼ $909
Accounts Payable and Accrued Expenses$23,832$17,790▼ $6,042
Deferred Revenue$1,220$1,199▼ $21
Total Liabilities$43,900$36,928▼ $6,972
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,142,000$4,142,000→ $0
Net Assets Without Donor Restrictions$-1,524,780$-1,518,975▲ $5,805
Total Net Assets Fund Balance$2,617,220$2,623,025▲ $5,805
Total Liabilities and Net Assets / Fund Balance$2,661,120$2,659,953▼ $1,167

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,228,764$2,200,717$4,429,481
Equipment$42,056$57,580$99,636
Other Assets Org$5,782--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
John GrossomanidesPresident
Democles AngelopoulousVice President
Anna-helene GrossomanidesDirector
Charlie ChristodlousDirector
Christos ValkanosDirector
John ZourzoukisDirector
Peter J HominskiDirector
Sean RyanDirector
Stamatios LahaniatisDirector
Theodore DaniskaDirector
Tony PetrosDirector
Panayotis PatsourisSecretary
George MaistrelisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$492,775
Investment Income
$14,304
Other Revenue
$127,279
Change in Net Assets
$5,805

Audited Revenue Reconciliation

Revenue per Audited Statements
$634,358
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$634,358
Total Revenue per Form 990
$634,358
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$628,553
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$130,169--$130,169
Insurance$83,617--$83,617
Travel$64,620--$64,620
Fees for Services Management-$56,579-$56,579
Occupancy$52,856--$52,856
All Other Expenses$16,470--$16,470
Fees for Services Accounting-$11,131-$11,131
Information Technology$10,744--$10,744
Other Expenses$6,268--$6,268
Conferences and Meetings-$3,364-$3,364
Advertising$2,914--$2,914
Office Expenses$2,761--$2,761
Fees for Services Legal$1,959--$1,959
Interest$1--$1
Total Functional Expenses$557,479$71,074$0$628,553

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$628,553
Total Expenses per Audited Statements$628,553
Total Expenses per Form 990$628,553
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$17,939
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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 2

“There is a family relationship on the board.”

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 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 as required by law.”

Filing and Contact Details

Filer

Filer Name
Ahepa 110-iii Inc
EIN
75-3030804
Phone
8602040379
Address
370 HAMILTON AVENUE, NORWICH, CT 06360

Signing Officer

Name
John Grossomanides
Title
President
Phone
8602040379
Signed
2026-03-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Grossomanides
Formed
2002
Legal Domicile
Ct
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.”

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, 2025 and 2024. 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, 2025 and 2024.”

Raw XML AppendixShowing 400 of 1,082 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/PersonNm0JOHN GROSSOMANIDES
IRS990/Form990PartVIISectionAGrp/PersonNm1DEMOCLES ANGELOPOULOUS
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IRS990/Form990PartVIISectionAGrp/PersonNm3GEORGE MAISTRELIS
IRS990/Form990PartVIISectionAGrp/PersonNm4TONY PETROS
IRS990/Form990PartVIISectionAGrp/PersonNm5THEODORE DANISKA
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IRS990/Form990PartVIISectionAGrp/PersonNm7CHARLIE CHRISTODLOUS
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN ZOURZOUKIS
IRS990/Form990PartVIISectionAGrp/PersonNm9CHRISTOS VALKANOS
IRS990/Form990PartVIISectionAGrp/PersonNm10SEAN RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm11PETER J HOMINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm12STAMATIOS LAHANIATIS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0634358
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt010744
IRS990/InformationTechnologyGrp/TotalAmt010744
IRS990/InsuranceGrp/ProgramServicesAmt083617
IRS990/InsuranceGrp/TotalAmt083617
IRS990/InterestGrp/ProgramServicesAmt01
IRS990/InterestGrp/TotalAmt01
IRS990/InvestmentIncomeGrp/ExclusionAmt014304
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014304
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02258297
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02252834
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02270820
IRS990/LandBldgEquipCostOrOtherBssAmt04529117
IRS990/LegalDomicileStateCd0CT
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/NetAssetsOrFundBalancesBOYAmt02617220
IRS990/NetAssetsOrFundBalancesEOYAmt02623025
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1524780
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1518975
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt052856
IRS990/OccupancyGrp/TotalAmt052856
IRS990/OfficeExpensesGrp/ProgramServicesAmt02761
IRS990/OfficeExpensesGrp/TotalAmt02761
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0361843
IRS990/OtherAssetsTotalGrp/EOYAmt0312464
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT EXPENSE STAF
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc3SNOW REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt0115623
IRS990/OtherExpensesGrp/ProgramServicesAmt139074
IRS990/OtherExpensesGrp/ProgramServicesAmt230403
IRS990/OtherExpensesGrp/ProgramServicesAmt36268
IRS990/OtherExpensesGrp/TotalAmt0115623
IRS990/OtherExpensesGrp/TotalAmt139074
IRS990/OtherExpensesGrp/TotalAmt230403
IRS990/OtherExpensesGrp/TotalAmt36268
IRS990/OtherLiabilitiesGrp/BOYAmt018848
IRS990/OtherLiabilitiesGrp/EOYAmt017939
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0127279
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0127279
IRS990/OtherRevenueTotalAmt0127279
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043572
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt061104
IRS990/PrincipalOfficerNm0JOHN GROSSOMANIDES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0294510
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1198265
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0294510
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1198265
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09153
IRS990/PYOtherExpensesAmt0527606
IRS990/PYOtherRevenueAmt0127358
IRS990/PYProgramServiceRevenueAmt0466568
IRS990/PYRevenuesLessExpensesAmt075473
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0527606
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0603079
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05805
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0492775
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, REFERENCE PART III, LINE 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt014304
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09153
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01344
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt066
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt024891
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0492775
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0466568
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0436053
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0416570
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0408678
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02220644
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09153
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01344
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt024891
IRS990ScheduleA/InvestmentIncomeCYPct00.00990
IRS990ScheduleA/InvestmentIncomePYPct00.00640
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0127279
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0127358
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01129
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01204
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02274
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0259244
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.88660
IRS990ScheduleA/PublicSupportPY509Pct00.93140
IRS990ScheduleA/PublicSupportTotal509Amt02220644
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0492775
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0466568
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0436053
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0416570
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0408678
IRS990ScheduleA/Total509Grp/TotalAmt02220644
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0634358
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0603079
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0438526
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0417798
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0411018
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02504779
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02228764
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02200717
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04429481
IRS990ScheduleD/EquipmentGrp/BookValueAmt042056
IRS990ScheduleD/EquipmentGrp/DepreciationAmt057580
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt099636
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0628553
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0226817
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt121884
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt257981
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35782
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017939
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0634358
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, 2025 AND 2024. 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, 2025 AND 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02270820
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0312464
IRS990ScheduleD/TotalExpensesPerForm990Amt0628553
IRS990ScheduleD/TotalLiabilityAmt017939
IRS990ScheduleD/TotalRevenuePerForm990Amt0634358
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0634358
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0628553
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS A FAMILY RELATIONSHIP ON THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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/ExplanationTxt2THE 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/ExplanationTxt3THE 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/ExplanationTxt4THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC AS REQUIRED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS IS CONSISTENT WITH PRIOR YEARS.

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