Civic Intelligence

Ahepa 501-II Inc

EIN 85-0458871 • 501(c)3 • Albuquerque, NM

Profile

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

6700 Los Volcanes Road NWAlbuquerque, NM 87121

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

55th percentile

0.11x

Higher debt load relative to revenue than 55% of similar nonprofits.

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

Net Margin

29th percentile

-4.5%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

37th percentile

-0.1%

Faster asset growth than 37% of similar nonprofits.

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

Revenue Growth

41st percentile

2.6%

Faster revenue growth than 41% of similar nonprofits.

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

Assets

Down

$2,469,403

Down $27,179 (-1.1%) from 2024

Liabilities

Down

$58,622

Down $2,779 (-4.5%) from 2024

Net Assets

Down

$2,410,781

Down $24,400 (-1.0%) from 2024

Revenue

Up

$537,356

Up $11,710 (+2.2%) from 2024

Expenses

Up

$561,756

Up $62,024 (+12%) from 2024

Net Income

Down

-$24,400

Down $50,314 (-194%) from 2024

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,588,473Liabilities 2011: $3,083,702Net Assets 2011: -$495,2292011Assets 2012: $2,588,099Liabilities 2012: $38,732Net Assets 2012: $2,549,3672012Assets 2013: $2,585,091Liabilities 2013: $48,328Net Assets 2013: $2,536,7632013Assets 2014: $2,546,458Liabilities 2014: $54,379Net Assets 2014: $2,492,0792014Assets 2015: $2,549,047Liabilities 2015: $133,291Net Assets 2015: $2,415,7562015Assets 2016: $2,506,292Liabilities 2016: $47,224Net Assets 2016: $2,459,0682016Assets 2017: $2,437,848Liabilities 2017: $54,678Net Assets 2017: $2,383,1702017Assets 2018: $2,319,870Liabilities 2018: $56,792Net Assets 2018: $2,263,0782018Assets 2019: $2,306,451Liabilities 2019: $51,948Net Assets 2019: $2,254,5032019Assets 2020: $2,330,660Liabilities 2020: $41,272Net Assets 2020: $2,289,3882020Assets 2021: $2,404,799Liabilities 2021: $57,496Net Assets 2021: $2,347,3032021Assets 2022: $2,452,581Liabilities 2022: $52,597Net Assets 2022: $2,399,9842022Assets 2023: $2,472,371Liabilities 2023: $63,104Net Assets 2023: $2,409,2672023Assets 2024: $2,496,582Liabilities 2024: $61,401Net Assets 2024: $2,435,1812024Assets 2025: $2,469,403Liabilities 2025: $58,622Net Assets 2025: $2,410,7812025

Highlighted filing

2025

Assets$2,469,403
Liabilities$58,622
Net Assets$2,410,781

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $348,291Expenses 2011: $354,085Net Income 2011: -$5,7942011Expenses 2012: $368,1502012Revenue 2013: $367,366Expenses 2013: $379,970Net Income 2013: -$12,6042013Revenue 2014: $365,688Expenses 2014: $410,372Net Income 2014: -$44,6842014Revenue 2015: $368,979Expenses 2015: $445,302Net Income 2015: -$76,3232015Revenue 2016: $442,672Expenses 2016: $399,360Net Income 2016: $43,3122016Revenue 2017: $369,953Expenses 2017: $445,851Net Income 2017: -$75,8982017Revenue 2018: $389,336Expenses 2018: $509,428Net Income 2018: -$120,0922018Revenue 2019: $475,569Expenses 2019: $484,144Net Income 2019: -$8,5752019Revenue 2020: $490,300Expenses 2020: $455,415Net Income 2020: $34,8852020Revenue 2021: $494,792Expenses 2021: $436,876Net Income 2021: $57,9162021Revenue 2022: $498,857Expenses 2022: $446,176Net Income 2022: $52,6812022Revenue 2023: $510,436Expenses 2023: $501,153Net Income 2023: $9,2832023Revenue 2024: $525,646Expenses 2024: $499,732Net Income 2024: $25,9142024Revenue 2025: $537,356Expenses 2025: $561,756Net Income 2025: -$24,4002025

Highlighted filing

2025

Revenue$537,356
Expenses$561,756
Net Income-$24,400

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.47$0.06$2.41$0.54$0.56$0.02
2024Detailed filing. Detailed filing data is available for this year.$2.50$0.06$2.44$0.53$0.50$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.47$0.06$2.41$0.51$0.50$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.45$0.05$2.40$0.50$0.45$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$0.06$2.35$0.49$0.44$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.33$0.04$2.29$0.49$0.46$0.03
2019Detailed filing. Detailed filing data is available for this year.$2.31$0.05$2.25$0.48$0.48$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.32$0.06$2.26$0.39$0.51$0.12
2017Detailed filing. Detailed filing data is available for this year.$2.44$0.05$2.38$0.37$0.45$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.51$0.05$2.46$0.44$0.40$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.55$0.13$2.42$0.37$0.45$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.55$0.05$2.49$0.37$0.41$0.04
2013Summary only. Only limited summary data is available for this year.$2.59$0.05$2.54$0.37$0.38$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.04$2.55$0.37
2011Summary only. Only limited summary data is available for this year.$2.59$3.08$0.50$0.35$0.35$0.01
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
$537,356
Mission and Program Overview

Mission

Ahepa 501-ii, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of new mexico. The corporation was organized to construct, own and operate a 50-unit apartment community in albuquerque, new mexico, known as ahepa 501-ii apartments, 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$1,565,702$1,527,989▼ $37,713
Prepaid Expenses and Deferred Charges$25,062$25,501▲ $439
Accounts Receivable$1,390$2,799▲ $1,409
Total Assets$2,496,582$2,469,403▼ $27,179
Other Assets Total$904,428$913,114▲ $8,686
Liabilities
Accounts Payable and Accrued Expenses$40,739$36,966▼ $3,773
Other Liabilities$20,361$21,708▲ $1,347
Deferred Revenue$301$-52▼ $353
Total Liabilities$61,401$58,622▼ $2,779
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,435,181$2,410,781▼ $24,400
Total Net Assets Fund Balance$2,435,181$2,410,781▼ $24,400
Total Liabilities and Net Assets / Fund Balance$2,496,582$2,469,403▼ $27,179

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,196,616$1,811,124$3,007,740
Land$323,024-$323,024
Equipment$8,349$82,238$90,587
Other Assets Org$18,947--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,470
Program Service Revenue
$497,534
Investment Income
$35,706
Other Revenue
$2,646
All Other Contributions
$1,470
Change in Net Assets
$-24,400

Audited Revenue Reconciliation

Revenue per Audited Statements
$537,356
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$537,356
Total Revenue per Form 990
$537,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$561,756
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$90,677--$90,677
Occupancy$72,530--$72,530
All Other Expenses$46,633--$46,633
Insurance$37,860--$37,860
Other Expenses$25,119--$25,119
Fees for Services Management-$21,198-$21,198
Fees for Services Accounting-$11,534-$11,534
Information Technology$10,753--$10,753
Office Expenses$3,589--$3,589
Conferences and Meetings-$2,954-$2,954
Advertising$1,206--$1,206
Fees for Services Legal$592--$592
Total Functional Expenses$526,070$35,686$0$561,756

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$561,756
Total Expenses per Audited Statements$561,756
Total Expenses per Form 990$561,756
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$15,666
Residual Receipts$6,042
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

The following board members have a family relationship: christopher chronis (director) and nick chronis (treasurer).

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 organization makes available all documents required by law.

Filing and Contact Details

Filer

Filer Name
Ahepa 501-ii Inc
EIN
85-0458871
Phone
5058333139
Address
6700 LOS VOLCANES ROAD NW, ALBUQUERQUE, NM 87121

Signing Officer

Name
Mark Bullock
Title
President
Phone
5058333139
Signed
2026-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Bullock
Formed
1999
Legal Domicile
Nm
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

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 496 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt040739
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt036966
IRS990/AccountsReceivableGrp/BOYAmt01390
IRS990/AccountsReceivableGrp/EOYAmt02799
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
IRS990/AdvertisingGrp/ProgramServicesAmt01206
IRS990/AdvertisingGrp/TotalAmt01206
IRS990/AllOtherContributionsAmt01470
IRS990/AllOtherExpensesGrp/ProgramServicesAmt046633
IRS990/AllOtherExpensesGrp/TotalAmt046633
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AHEPA AFFORDABLE HOUSING MGT CO
IRS990/BooksInCareOfDetail/PhoneNum03178453410
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010706 SKY PRAIRIE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0FISHERS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046038
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02954
IRS990/ConferencesMeetingsGrp/TotalAmt02954
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01470
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt035706
IRS990/CYOtherExpensesAmt0561756
IRS990/CYOtherRevenueAmt02646
IRS990/CYProgramServiceRevenueAmt0497534
IRS990/CYRevenuesLessExpensesAmt0-24400
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0561756
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0537356
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0301
IRS990/DeferredRevenueGrp/EOYAmt0-52
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt090677
IRS990/DepreciationDepletionGrp/TotalAmt090677
IRS990/Desc0PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0526070
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011534
IRS990/FeesForServicesAccountingGrp/TotalAmt011534
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0592
IRS990/FeesForServicesLegalGrp/TotalAmt0592
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt021198
IRS990/FeesForServicesManagementGrp/TotalAmt021198
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0MARK BULLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRISTOPHER CHRONIS
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES BARNER
IRS990/Form990PartVIISectionAGrp/PersonNm3NICK CHRONIS
IRS990/Form990PartVIISectionAGrp/PersonNm4KONSTANTINE ANGELO
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL J DOMINICK JR
IRS990/Form990PartVIISectionAGrp/PersonNm6MARCUS C CASSIMUS
IRS990/Form990PartVIISectionAGrp/PersonNm7DEMETRIOS MAKRIS
IRS990/Form990PartVIISectionAGrp/PersonNm8BARBARA MALIGAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
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/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0537356
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt010753
IRS990/InformationTechnologyGrp/TotalAmt010753
IRS990/InsuranceGrp/ProgramServicesAmt037860
IRS990/InsuranceGrp/TotalAmt037860
IRS990/InvestmentIncomeGrp/ExclusionAmt035706
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt035706
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01893362
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01565702
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01527989
IRS990/LandBldgEquipCostOrOtherBssAmt03421351
IRS990/LegalDomicileStateCd0NM
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/NetAssetsOrFundBalancesBOYAmt02435181
IRS990/NetAssetsOrFundBalancesEOYAmt02410781
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02435181
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02410781
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt072530
IRS990/OccupancyGrp/TotalAmt072530
IRS990/OfficeExpensesGrp/ProgramServicesAmt03589
IRS990/OfficeExpensesGrp/TotalAmt03589
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0904428
IRS990/OtherAssetsTotalGrp/EOYAmt0913114
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT EXPENSE STAF
IRS990/OtherExpensesGrp/Desc1SC EXPENSES
IRS990/OtherExpensesGrp/Desc2CONTACT SERVICES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0181989
IRS990/OtherExpensesGrp/ProgramServicesAmt129415
IRS990/OtherExpensesGrp/ProgramServicesAmt225707
IRS990/OtherExpensesGrp/ProgramServicesAmt325119
IRS990/OtherExpensesGrp/TotalAmt0181989
IRS990/OtherExpensesGrp/TotalAmt129415
IRS990/OtherExpensesGrp/TotalAmt225707
IRS990/OtherExpensesGrp/TotalAmt325119
IRS990/OtherLiabilitiesGrp/BOYAmt020361
IRS990/OtherLiabilitiesGrp/EOYAmt021708
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02646
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02646
IRS990/OtherRevenueTotalAmt02646
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025062
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025501
IRS990/PrincipalOfficerNm0MARK BULLOCK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE HUD
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0287720
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1209814
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0287720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1209814
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt023041
IRS990/PYOtherExpensesAmt0499732
IRS990/PYOtherRevenueAmt01715
IRS990/PYProgramServiceRevenueAmt0500890
IRS990/PYRevenuesLessExpensesAmt025914
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0499732
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0525646
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-24400
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0497534
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01470
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01470
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt035706
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt023041
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06318
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0186
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt065364
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0497534
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0500890
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0496296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0496702
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0491650
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02483072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt035706
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt023041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06318
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0186
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt065364
IRS990ScheduleA/InvestmentIncomeCYPct00.02550
IRS990ScheduleA/InvestmentIncomePYPct00.01290
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02646
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01715
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt07822
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02042
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02956
IRS990ScheduleA/OtherIncome509Grp/TotalAmt017181
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96780
IRS990ScheduleA/PublicSupportPY509Pct00.97720
IRS990ScheduleA/PublicSupportTotal509Amt02484542
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0499004
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0500890
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0496296
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0496702
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0491650
IRS990ScheduleA/Total509Grp/TotalAmt02484542
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0537356
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0525646
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0510436
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0498857
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0494792
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02567087
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01196616
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01811124
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03007740
IRS990ScheduleD/EquipmentGrp/BookValueAmt08349
IRS990ScheduleD/EquipmentGrp/DepreciationAmt082238
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt090587
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0561756
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0323024
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0323024
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0176289
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1698608
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt219270
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt318947
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015666
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16042
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0537356
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/TotalBookValueLandBuildingsAmt01527989
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0913114
IRS990ScheduleD/TotalExpensesPerForm990Amt0561756
IRS990ScheduleD/TotalLiabilityAmt021708
IRS990ScheduleD/TotalRevenuePerForm990Amt0537356
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0537356
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0561756
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOLLOWING BOARD MEMBERS HAVE A FAMILY RELATIONSHIP: CHRISTOPHER CHRONIS (DIRECTOR) AND NICK CHRONIS (TREASURER).
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 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/ExplanationTxt4THE PROCESS IS CONSISTENT WITH PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AHEPA 501 INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1AHEPA 501-III INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0850439854
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1300241540
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORDABLE LOW-INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1AFFORDABLE LOW-INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06620 BLUEWATER ROAD NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt16620 BLUEWATER ROAD NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALBUQUERQUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ALBUQUERQUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NM

Document Assets

No mirrored PDF or thumbnail assets are attached yet.