2024-01-24T09:04:17-06:00 2023-06-30 310800053 CLARK SCHAEFER HACKETT & CO 14 EAST MAIN STREET SUITE 500 SPRINGFIELD OH 45502 990 2022-07-01 850458871 AHEPA 501-II INC AHEP 5058333139 6700 LOS VOLCANES ROAD NW ALBUQUERQUE NM 87121 MARK BULLOCK PRESIDENT 5058333139 2024-01-22 1 MARK BULLOCK 999009999 0 RENEA R IRICK P01586814 9373992000 2024-01-22 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARK BULLOCK 6700 LOS VOLCANES ROAD NW ALBUQUERQUE NM 87121 510436 0 X N/A X 1999 NM THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 8 8 0 8 0 0 0 0 496702 496296 113 6318 2042 7822 498857 510436 0 0 0 0 0 0 0 0 0 446176 501153 446176 501153 52681 9283 2452581 2472371 52597 63104 2399984 2409267 THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 0 0 465003 496296 PROVIDE HOUSING TO LOW INCOME INDIVIDUALS. 465003 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 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X AHEPA AFFORDABLE HOUSING MGT CO 3178453410 10706 SKY PRAIRIE STREET FISHERS IN 46038 X MARK BULLOCK PRESIDENT 1.00 2.00 X X 0 0 0 PAUL MIARIS VICE PRESIDENT 1.00 2.00 X X 0 0 0 JAMES BARNER SECRETARY 1.00 2.00 X X 0 0 0 NICK CHRONIS TREASURER 1.00 2.00 X X 0 0 0 CHRISTOPHER CHRONIS DIRECTOR 1.00 2.00 X 0 0 0 MARY M VERGES DIRECTOR 1.00 2.00 X 0 0 0 JOHN KAPURANIS DIRECTOR 1.00 2.00 X 0 0 0 KONSTANTINE ANGELO DIRECTOR 1.00 2.00 X 0 0 0 0 0 0 0 0 0 0 0 TENANT ASSISTANCE HUD 531110 314712 314712 RENTAL INCOME 531110 181584 181584 496296 6318 6318 OTHER INCOME 531110 7822 7822 7822 510436 496296 0 14140 22965 22965 11554 11554 1383 1383 11209 11209 94837 94837 1631 1631 77383 77383 38154 38154 MANAGEMENT EXPENSE STAF 114351 114351 CONTACT SERVICES 64148 64148 SC EXPENSES 35230 35230 SUPPLIERS 14972 14972 13336 13336 501153 465003 36150 0 8399 13645 912 1183 24262 19310 3322323 1722870 1658594 1599453 760414 838780 2452581 2472371 34102 43016 302 18495 19786 52597 63104 X 2399984 2409267 2399984 2409267 2452581 2472371 9283 0 X X 0 1 X 1 1 1 X 454697 476952 491650 496702 496296 2416297 454697 476952 491650 496702 496296 2416297 0 0 0 2416297 2734 2767 186 113 6318 12118 2734 2767 186 113 6318 12118 18138 10581 2956 2042 7822 41539 475569 490300 494792 498857 510436 2469954 0.97830 0.98210 0.00490 0.00250 X SCHEDULE A, REFERENCE PART III, LINE 12 MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. 323024 323024 2913936 1646614 1267322 23393 17414 5979 61970 58842 3128 1599453 ESCROW DEPOSITS 242626 RESERVES 564032 RESIDUAL RECEIPTS 17933 TENANT SECURITY DEPOSITS 14189 838780 DEPOSITS 14483 RESIDUAL RECEIPTS 5303 19786 X 510436 0 510436 0 510436 501153 0 501153 0 501153 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 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 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 C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990 PART XII LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS. AHEPA 501 INC 6620 BLUEWATER ROAD NW ALBUQUERQUE NM 87121 850439854 AFFORDABLE LOW-INCOME HOUSING NM 501(C)(3) LINE 10 N/A 0 AHEPA 501-III INC 6620 BLUEWATER ROAD NW ALBUQUERQUE NM 87121 300241540 AFFORDABLE LOW-INCOME HOUSING NM 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0