2024-04-10T17:29:21-05:00 2023-06-30 310800053 CLARK SCHAEFER HACKETT & CO 14 EAST MAIN STREET SUITE 500 SPRINGFIELD OH 45502 990 2022-07-01 351916082 AHEPA 78 PHASE II INC AHEP 2197910708 2080 WEST 79TH PLACE MERRILLVILLE IN 46410 LEON STATH PRESIDENT 2197910708 2024-04-10 1 LEON STATH 999009999 0 RENEA R IRICK P01586814 9373992000 2024-04-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LEON STATH 2080 WEST 79TH PLACE MERRILLVILLE IN 46410 472806 0 X N/A X 1983 IN THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 8 8 0 8 0 0 0 0 461628 470501 17 1435 2517 870 464162 472806 0 0 0 0 0 0 0 0 0 542824 446963 542824 446963 -78662 25843 1461526 1493755 49871 56257 1411655 1437498 THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 0 0 387473 470501 PROVIDE HOUSING TO LOW INCOME INDIVIDUALS. 387473 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 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 IN X AHEPA AFFORDABLE HOUSING MGT CO 3178453410 10706 SKY PRAIRIE ST FISHERS IN 46038 X LEON STATH PRESIDENT 1.00 6.00 X X 0 0 0 GEORGE DOMORAS VICE PRESIDENT 1.00 5.00 X X 0 0 0 NICHOLAS GIANIKOS TREASURER 1.00 5.00 X X 0 0 0 THOMAS E COIL JR SECRETARY 1.00 5.00 X X 0 0 0 ANGELIKA MAGRAMES DIRECTOR 1.00 5.00 X 0 0 0 JEFFREY FARVER DIRECTOR 1.00 5.00 X 0 0 0 GEORGE STROGOUILUDIS DIRECTOR 1.00 5.00 X 0 0 0 NIKOLAOS F FITOUSIS DIRECTOR 1.00 5.00 X 0 0 0 0 0 0 0 0 0 0 0 TENANT ASSISTANCE HUD 531110 305551 305551 RENTAL INCOME 531110 164950 164950 470501 1435 1435 OTHER INCOME 531110 870 870 870 472806 470501 0 2305 46850 46850 1125 1125 8800 8800 91 91 4287 4287 9119 9119 34954 34954 3840 3840 26 26 70487 70487 34224 34224 MANAGEMENT EXPENSE STAF 126881 126881 CONTRACT SERVICES 46097 46097 SERVICE COORDINATOR EXP 19724 19724 REPAIR & MAINTENANCE 13239 13239 27219 27219 446963 387473 59490 0 6187 8121 2149 2439 19837 22160 2944304 1746144 1200302 1198160 233051 262875 1461526 1493755 31199 36703 2001 3830 16671 15724 49871 56257 X 1411655 1437498 1411655 1437498 1461526 1493755 25843 0 X X 0 1 X 1 1 1 X 398511 400346 441152 461628 470501 2172138 398511 400346 441152 461628 470501 2172138 0 0 0 2172138 910 904 53 17 1435 3319 910 904 53 17 1435 3319 3898 8547 2924 2517 870 18756 403319 409797 444129 464162 472806 2194213 0.98990 0.98960 0.00150 0.00090 X 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. 41467 41467 2771131 1656734 1114397 123281 80985 42296 8425 8425 0 1198160 RESERVES 158909 TENANT SECURITY DEPOSIT 17537 ESCROW DEPOSIT 45828 RESIDUAL RECIPTS 40601 262875 DEPOSITS 15724 15724 X 472806 0 472806 0 472806 446963 0 446963 0 446963 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 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 78 INC 2078 W 79TH PLACE MERRILLVILLE IN 46410 351634086 AFFORDABLE LOW-INCOME HOUSING IN 501(C)(3) LINE 10 N/A 0 AHEPA 78 PHASE III INC 2022 W 79TH PLACE MERRILLVILLE IN 46410 351978023 AFFORDABLE LOW-INCOME HOUSING IN 501(C)(3) LINE 10 N/A 0 AHEPA 78 PHASE IV INC 1950 W 79TH PLACE MERRILLVILLE IN 46410 352104146 AFFORDABLE LOW-INCOME HOUSING IN 501(C)(3) LINE 10 AHEPA NATIONAL HOUSING CORPORATION 0 AHEPA 78 PHASE V INC 1852 W 79TH PLACE MERRILLVILLE IN 46410 731694582 AFFORDABLE LOW-INCOME HOUSING IN 501(C)(3) LINE 10 AHEPA NATIONAL HOUSING CORPORATION 0 AHEPA 78 PHASE VI INC 8050 MADISON STREET MERRILLVILLE IN 46410 320192583 AFFORDABLE LOW-INCOME HOUSING IN 501(C)(3) LINE 10 AHEPA NATIONAL HOUSING CORPORATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0