2024-04-16T13:41:52-05:00 2023-06-30 310800053 CLARK SCHAEFER HACKETT & CO 14 EAST MAIN STREET SUITE 500 SPRINGFIELD OH 45502 990 2022-07-01 341467775 AHEPA 89 INC AHEP 3306298539 44 BOARDMAN BOULEVARD BOARDMAN OH 44512 JOHN MANOLUKAS PRESIDENT 3306298539 2024-04-16 1 JOHN MANOLUKAS 999009999 0 RENEA R IRICK P01586814 9373992000 2024-04-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN MANOLUKAS 44 BOARDMAN BOULEVARD BOARDMAN OH 44512 621805 0 X N/A X 1985 OH THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 9 9 0 9 0 0 0 0 612498 612814 169 5848 3045 3143 615712 621805 0 0 0 0 0 0 0 0 0 795151 672299 795151 672299 -179439 -50494 2238263 2187299 168543 168073 2069720 2019226 THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 0 0 622703 612814 PROVIDE HOUSING TO LOW INCOME INDIVIDUALS. 622703 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X AHEPA AFFORDABLE HOUSING MGT CO 3178453410 10706 SKY PRAIRIE ST FISHERS IN 46038 X X JOHN MANOLUKAS PRESIDENT 1.00 X X 0 0 0 CHARLES TOSKAS VICE PRESIDENT 1.00 X X 0 0 0 KALI SPRANKLE SECRETARY 1.00 X X 0 0 0 JONATHAN CONRAD TREASURER 1.00 X X 0 0 0 HAROLD YIANNAKI DIRECTOR 1.00 X 0 0 0 TASOS KALANTZIS DIRECTOR 1.00 X 0 0 0 DAN CVERCKO DIRECTOR 1.00 X 0 0 0 PETE ASIMAKPOULOS DIRECTOR 1.00 X 0 0 0 NIKITAS KOLIDAKIS DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 TENANT ASSISTANCE HUD 531110 386135 386135 RENTAL INCOME 531110 226679 226679 612814 5848 5848 OTHER INCOME 531110 3143 3143 3143 621805 612814 0 8991 33579 33579 10113 10113 356 356 8560 8560 6227 6227 111395 111395 75 75 5904 5904 1 1 96873 96873 37036 37036 MANAGEMENT EXPENSE STAF 197617 197617 CONTRACT SERVICES 69984 69984 SERVICE COORDINATOR STA 61434 61434 SUPPLIES 15482 15482 17663 17663 672299 622703 49596 0 1402 1287 10537 8431 20688 24112 4377901 2758992 1702632 1618909 503004 534560 2238263 2187299 107310 105256 9204 10847 52029 51970 168543 168073 X 2069720 2019226 2069720 2019226 2238263 2187299 -50494 0 X X 0 1 X 1 1 1 X 547445 574196 598769 612498 612814 2945722 547445 574196 598769 612498 612814 2945722 0 0 0 2945722 2947 3722 239 169 5848 12925 2947 3722 239 169 5848 12925 2168 15809 171 3045 3143 24336 552560 593727 599179 615712 621805 2982983 0.98750 0.98910 0.00430 0.00280 X 256457 256457 3972121 2609669 1362452 91976 91976 0 57347 57347 0 1618909 REPLACEMENT RESERVE 433992 TENANT SECURITY DEPOSIT 22509 ESCROW DEPOSIT 14931 RESIDUAL RECEIPTS 49796 PAINTING RESERVES 13332 534560 SECURITY DEPOSIT LIABILITY 51970 51970 X 621805 0 621805 0 621805 672299 0 672299 0 672299 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, 2023 AND 2022. 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, 2023 AND 2022. FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION IS MANAGED BY AHEPA AFFORDABLE MANAGEMENT COMPANY, INC., AN AFFILIATE OF A 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 B, LINE 12C REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS COMPLYING. 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. 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. FORM 990 PART XII, LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS.