Civic Intelligence

Ahepa 296 Inc

EIN 75-3149099 • 501(c)3 • Pensacola, FL

Profile

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

3835 Creighton RoadPensacola, FL 32504

n/A

Siviq Scores

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

Liabilities / Assets

31st percentile

0.01x

Higher debt load relative to assets than 31% of similar nonprofits.

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

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

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

Net Margin

8th percentile

-44%

Higher net margin than 8% of similar nonprofits.

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

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

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

Asset Growth

22nd percentile

-5.4%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

49th percentile

6.7%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Assets

Down

$3,878,000

Down $244,449 (-5.9%) from 2024

Liabilities

Down

$36,309

Down $23,527 (-39%) from 2024

Net Assets

Down

$3,841,691

Down $220,922 (-5.4%) from 2024

Revenue

Up

$502,315

Up $26,392 (+5.5%) from 2024

Expenses

Up

$723,237

Up $88,193 (+14%) from 2024

Net Income

Down

-$220,922

Down $61,801 (-39%) from 2024

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $5,912,251Liabilities 2011: $6,112,956Net Assets 2011: -$200,7052011Assets 2012: $5,780,272Liabilities 2012: $6,109,952Net Assets 2012: -$329,6802012Assets 2013: $5,687,880Liabilities 2013: $6,115,820Net Assets 2013: -$427,9402013Assets 2014: $5,528,683Liabilities 2014: $6,140,522Net Assets 2014: -$611,8392014Assets 2015: $5,445,491Liabilities 2015: $6,222,489Net Assets 2015: -$776,9982015Assets 2016: $5,324,018Liabilities 2016: $6,239,716Net Assets 2016: -$915,6982016Assets 2017: $5,101,663Liabilities 2017: $6,140,214Net Assets 2017: -$1,038,5512017Assets 2018: $4,968,262Liabilities 2018: $6,144,412Net Assets 2018: -$1,176,1502018Assets 2019: $4,808,365Liabilities 2019: $6,138,174Net Assets 2019: -$1,329,8092019Assets 2020: $4,697,136Liabilities 2020: $35,131Net Assets 2020: $4,662,0052020Assets 2021: $4,580,932Liabilities 2021: $38,086Net Assets 2021: $4,542,8462021Assets 2022: $4,483,363Liabilities 2022: $47,132Net Assets 2022: $4,436,2312022Assets 2023: $4,330,066Liabilities 2023: $44,815Net Assets 2023: $4,285,2512023Assets 2024: $4,122,449Liabilities 2024: $59,836Net Assets 2024: $4,062,6132024Assets 2025: $3,878,000Liabilities 2025: $36,309Net Assets 2025: $3,841,6912025

Highlighted filing

2025

Assets$3,878,000
Liabilities$36,309
Net Assets$3,841,691

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $296,934Expenses 2011: $396,707Net Income 2011: -$99,7732011Revenue 2012: $295,967Expenses 2012: $424,942Net Income 2012: -$128,9752012Revenue 2013: $324,323Expenses 2013: $422,583Net Income 2013: -$98,2602013Revenue 2014: $297,941Expenses 2014: $481,840Net Income 2014: -$183,8992014Revenue 2015: $298,481Expenses 2015: $463,640Net Income 2015: -$165,1592015Revenue 2016: $338,425Expenses 2016: $477,125Net Income 2016: -$138,7002016Revenue 2017: $353,535Expenses 2017: $476,388Net Income 2017: -$122,8532017Revenue 2018: $354,138Expenses 2018: $491,737Net Income 2018: -$137,5992018Revenue 2019: $362,792Expenses 2019: $516,451Net Income 2019: -$153,6592019Revenue 2020: $417,059Expenses 2020: $504,945Net Income 2020: -$87,8862020Revenue 2021: $425,740Expenses 2021: $544,899Net Income 2021: -$119,1592021Revenue 2022: $436,765Expenses 2022: $543,380Net Income 2022: -$106,6152022Revenue 2023: $441,221Expenses 2023: $592,201Net Income 2023: -$150,9802023Revenue 2024: $475,923Expenses 2024: $635,044Net Income 2024: -$159,1212024Revenue 2025: $502,315Expenses 2025: $723,237Net Income 2025: -$220,9222025

Highlighted filing

2025

Revenue$502,315
Expenses$723,237
Net Income-$220,922

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.88$0.04$3.84$0.50$0.72$0.22
2024Detailed filing. Detailed filing data is available for this year.$4.12$0.06$4.06$0.48$0.64$0.16
2023Detailed filing. Detailed filing data is available for this year.$4.33$0.04$4.29$0.44$0.59$0.15
2022Detailed filing. Detailed filing data is available for this year.$4.48$0.05$4.44$0.44$0.54$0.11
2021Detailed filing. Detailed filing data is available for this year.$4.58$0.04$4.54$0.43$0.54$0.12
2020Detailed filing. Detailed filing data is available for this year.$4.70$0.04$4.66$0.42$0.50$0.09
2019Summary only. Only limited summary data is available for this year.$4.81$6.14$1.33$0.36$0.52$0.15
2018Summary only. Only limited summary data is available for this year.$4.97$6.14$1.18$0.35$0.49$0.14
2017Summary only. Only limited summary data is available for this year.$5.10$6.14$1.04$0.35$0.48$0.12
2016Summary only. Only limited summary data is available for this year.$5.32$6.24$0.92$0.34$0.48$0.14
2015Summary only. Only limited summary data is available for this year.$5.45$6.22$0.78$0.30$0.46$0.17
2014Summary only. Only limited summary data is available for this year.$5.53$6.14$0.61$0.30$0.48$0.18
2013Summary only. Only limited summary data is available for this year.$5.69$6.12$0.43$0.32$0.42$0.10
2012Summary only. Only limited summary data is available for this year.$5.78$6.11$0.33$0.30$0.42$0.13
2011Summary only. Only limited summary data is available for this year.$5.91$6.11$0.20$0.30$0.40$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 15, 2026
Return Version
2024v5.5
Gross Receipts
$502,315
Mission and Program Overview

Mission

Ahepa 296, inc. (the "corporation") is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of florida. The corporation was organized to construct, own and operate a 50-unit apartment community in pensacola, florida, known as ahepa 296 apartments (the "property"), pursuant to section 202 of the national affordable housing act, as amended. The sponsor of the corporation is ahepa national housing corporation.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,898,957$3,796,833▼ $102,124
Prepaid Expenses and Deferred Charges$34,489$7,507▼ $26,982
Accounts Receivable$20,410$154▼ $20,256
Cash and Non-Interest-Bearing Accounts$124--
Total Assets$4,122,449$3,878,000▼ $244,449
Other Assets Total$168,469$73,506▼ $94,963
Liabilities
Accounts Payable and Accrued Expenses$40,637$19,588▼ $21,049
Other Liabilities$17,099$16,618▼ $481
Deferred Revenue$2,100$103▼ $1,997
Total Liabilities$59,836$36,309▼ $23,527
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,062,613$3,841,691▼ $220,922
Total Net Assets Fund Balance$4,062,613$3,841,691▼ $220,922
Total Liabilities and Net Assets / Fund Balance$4,122,449$3,878,000▼ $244,449

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,386,661$2,493,075$5,879,736
Land$395,000-$395,000
Other Land Buildings$15,172$143,136$158,308
Compensation and Service Providers

Board Members and Trustees

NameTitle
JOSEPH O'NEILPresident
Arthur AnastopouloVice President
Christ CoumanisDirector
David DeanDirector
Kyle GatzmeyerDirector
Steve PhotiadesDirector
Wyatt WhiteDirector
James MohamedSecretary
Angelo AlexakosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$491,820
Investment Income
$4,822
Other Revenue
$5,673
Change in Net Assets
$-220,922

Audited Revenue Reconciliation

Revenue per Audited Statements
$502,315
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$502,315
Total Revenue per Form 990
$502,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$723,237
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$166,751--$166,751
Insurance$98,390--$98,390
Occupancy$56,533--$56,533
Fees for Services Management-$50,979-$50,979
All Other Expenses$31,771--$31,771
Other Expenses$19,462--$19,462
Information Technology$17,992--$17,992
Fees for Services Accounting-$11,534-$11,534
Office Expenses$10,265--$10,265
Advertising$5,750--$5,750
Conferences and Meetings-$5,410-$5,410
Travel$1,158--$1,158
Total Functional Expenses$655,314$67,923$0$723,237

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$723,237
Total Expenses per Audited Statements$723,237
Total Expenses per Form 990$723,237
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
Security Deposit Liabilities$16,618
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 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 organization makes available all documents required by law.

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 296 Inc
EIN
75-3149099
Phone
8504765516
Address
3835 CREIGHTON ROAD, PENSACOLA, FL 32504

Signing Officer

Name
JOSEPH O'NEIL JR
Title
President
Phone
8504765516
Signed
2026-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
JOSEPH O'NEIL JR
Formed
2004
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

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

Part XII, Line 2C

The process is consistent with prior years.

Raw XML AppendixShowing 400 of 1,027 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
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IRS990/Form990PartVIISectionAGrp/PersonNm0JOSEPH O'NEIL
IRS990/Form990PartVIISectionAGrp/PersonNm1ARTHUR ANASTOPOULO
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/OccupancyGrp/TotalAmt056533
IRS990/OfficeExpensesGrp/ProgramServicesAmt010265
IRS990/OfficeExpensesGrp/TotalAmt010265
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0168469
IRS990/OtherAssetsTotalGrp/EOYAmt073506
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT EXPENSE STAF
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0139530
IRS990/OtherExpensesGrp/ProgramServicesAmt175346
IRS990/OtherExpensesGrp/ProgramServicesAmt232366
IRS990/OtherExpensesGrp/ProgramServicesAmt319462
IRS990/OtherExpensesGrp/TotalAmt0139530
IRS990/OtherExpensesGrp/TotalAmt175346
IRS990/OtherExpensesGrp/TotalAmt232366
IRS990/OtherExpensesGrp/TotalAmt319462
IRS990/OtherLiabilitiesGrp/BOYAmt017099
IRS990/OtherLiabilitiesGrp/EOYAmt016618
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt05673
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05673
IRS990/OtherRevenueTotalAmt05673
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034489
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07507
IRS990/PrincipalOfficerNm0JOSEPH O'NEIL JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0290418
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1201402
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0290418
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1201402
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05716
IRS990/PYOtherExpensesAmt0635044
IRS990/PYOtherRevenueAmt02044
IRS990/PYProgramServiceRevenueAmt0468163
IRS990/PYRevenuesLessExpensesAmt0-159121
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0635044
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0475923
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-220922
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0491820
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/CurrentTaxYearAmt04822
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05716
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011655
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0491820
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0468163
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0438232
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0434642
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0424200
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02257057
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04822
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05716
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011655
IRS990ScheduleA/InvestmentIncomeCYPct00.00510
IRS990ScheduleA/InvestmentIncomePYPct00.00350
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05673
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02044
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01958
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02107
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01470
IRS990ScheduleA/OtherIncome509Grp/TotalAmt013252
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98910
IRS990ScheduleA/PublicSupportPY509Pct00.98840
IRS990ScheduleA/PublicSupportTotal509Amt02257057
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0491820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0468163
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0438232
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0434642
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0424200
IRS990ScheduleA/Total509Grp/TotalAmt02257057
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0502315
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0475923
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0441221
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0436765
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0425740
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02281964
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03386661
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02493075
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05879736
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0723237
IRS990ScheduleD/LandGrp/BookValueAmt0395000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0395000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015172
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0143136
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0158308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016618
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0502315
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03796833
IRS990ScheduleD/TotalExpensesPerForm990Amt0723237
IRS990ScheduleD/TotalLiabilityAmt016618
IRS990ScheduleD/TotalRevenuePerForm990Amt0502315
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0502315
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0723237
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 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/ExplanationTxt2THE 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/ExplanationTxt3THE ORGANIZATION MAKES AVAILABLE ALL DOCUMENTS REQUIRED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL 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/ExplanationTxt5THE PROCESS IS CONSISTENT WITH PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VII, SECTION A, LINE 1A, COLUMN B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd180
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd190
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd220
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd230
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd240
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd250
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd260
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd270
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd280
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd290
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd310
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd320
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd330
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd340
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd350
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd360
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd370
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd380
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd390
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd400
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd410
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd420

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