2024-02-01T21:57:23-06:00 2023-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2022-07-01 383554484 AHEPA 371 II INC AHEP 5864658682 26800 CROCKER BLVD HARRISON TOWNSHIP MI 48045 JOHN N HATZIS PRESIDENT 5864658682 2024-02-01 1 JOHN HATZIS 999009999 1 JONATHAN B SCOTT P00291986 3178485700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN N HATZIS 26800 CROCKER BLVD HARRISON TOWNSHIP MI 48045 577399 0 X N/A X 1999 MI AHEPA 371 II, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF MICHIGAN. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 75-UNIT APARTMENT COMMUNITY IN HARRISON TOWNSHIP, MICHIGAN, KNOWN AS AHEPA 371 II APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. 9 9 0 0 0 0 271223 232675 304486 341096 30 2403 3000 1225 578739 577399 0 0 0 0 0 0 0 0 0 659025 641351 659025 641351 -80286 -63952 4454595 4326016 227437 162810 4227158 4163206 X AHEPA 371 II, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF MICHIGAN. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 75-UNIT APARTMENT COMMUNITY IN HARRISON TOWNSHIP, MICHIGAN, KNOWN AS AHEPA 371 II APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. 0 0 575434 341096 AHEPA 371 II, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF MICHIGAN. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 75-UNIT APARTMENT COMMUNITY IN HARRISON TOWNSHIP, MICHIGAN, KNOWN AS AHEPA 371 II APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. 575434 1 1 0 0 0 0 0 0 0 0 1 0 1 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 X PIPER REALTY COMPANY 8107674890 5454 GATEWAY CENTRE SUITE B FLINT MI 48507 X X JOHN N HATZIS PRESIDENT 1.00 2.00 X X 0 0 0 LAZAROS KIRCOS VICE PRESIDENT 1.00 1.00 X X 0 0 0 GEORGE S GAZEPIS TREASURER 1.00 1.00 X X 0 0 0 LOU PAVLEDES SECRETARY 1.00 1.00 X X 0 0 0 PETER COUTSOS DIRECTOR 1.00 1.00 X 0 0 0 PETROS BESIERIS DIRECTOR 1.00 1.00 X 0 0 0 JAMES THOMAS DIRECTOR 1.00 1.00 X 0 0 0 STEVEN BRYLINSKI DIRECTOR 1.00 1.00 X 0 0 0 GEORGE THEODOROU DIRECTOR 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 232675 232675 RENTAL INCOME 531110 341096 341096 341096 2403 2403 1200 0 1200 1200 1200 TENANT CHARGES 531110 25 25 25 577399 341096 0 3628 22774 22774 6675 6675 6640 6640 13398 9844 3554 1829 1829 235124 235124 6728 6728 188801 188801 24143 24143 MANAGEMENT COMPANY EMPL 99886 81071 18815 SERVICE COORDINATOR 35353 29723 5630 641351 575434 65917 0 91330 82433 9518 15352 21458 18166 7232155 3441562 3979394 3790593 352895 419472 4454595 4326016 29740 35650 604 502 197093 126658 227437 162810 X 4227158 4163206 4227158 4163206 4454595 4326016 -63952 0 X X 0 1 X 1 1 1 X 287076 275321 285135 271223 232675 1351430 290534 300135 294963 304486 341096 1531214 577610 575456 580098 575709 573771 2882644 0 0 0 2882644 838 990 83 30 2403 4344 838 990 83 30 2403 4344 4673 4200 7988 3000 1225 21086 583121 580646 588169 578739 577399 2908074 0.99130 0.99130 0.00150 0.00070 X SCHEDULE A, 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7013356 3285543 3727813 218799 156019 62780 3790593 ESCROW DEPOSITS 24933 C RESERVE FOR REPLACEMENTS FUND 394539 C 419472 NOTES PAYABLE-LT 99966 TENANT SECURITY DEPOSITS 26692 126658 X 577399 0 577399 0 577399 641351 0 641351 0 641351 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. FORM 990, PART VI, SECTION A, LINE 3 THE RENTAL PROPERTY OWNED BY THE CORPORATION IS MANAGED BY PIPER REALTY COMPANY. PIPER REALTY COMPANY HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED PIPER REALTY COMPANY TO MANAGE THE UNDERLYING PROJECT OF THE CORPORATION. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE RENTAL PROPERTY INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING 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 BE LIMITED TO INDIVIDUALS WHO ARE MEMBERS OF THE AHEPA NATIONAL HOUSING CORPORATION AND MEMBERS IN GOOD STANDING OF THE ORDER OF AHEPA OR DAUGHTERS OF PENELOPE OR APPROVED BY THE AHEPA NATIONAL HOUSING CORPORATION. IN THE EVENT THAT A DIRECTOR OF THE CORPORATION CEASES TO BE A MEMBER OF THE CORPORATION OR IF A NONMEMBER'S APPROVAL IS WITHDRAWN SUCH ACTION SHALL CONSTITUTE AUTOMATIC RESIGNATION AS A DIRECTOR OF THE CORPORATION. DIRECTORS AND OFFICERS SHALL BE SUBJECT TO SUCH OTHER QUALIFICATIONS LIMITATIONS AND RESTRICTIONS AND GRANTED SUCH OTHER RIGHTS AND PREFERENCES, AS SET FORTH IN THE BY-LAWS AS AMENDED FROM TIME TO TIME. FORM 990, PART VI, SECTION B, LINE 11B THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING. 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 VII, SECTION A, LINE 1A, COLUMN B: ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM 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 THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED. FORM 990, PART XII, LINE 2C: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. AHEPA OMEGA CHAPTER 371 INC 38093 PLAINVIEW RD STERLING HEIGHTS MI 48312 273767092 AFFORDABLE HOUSING MI LINE 10 0 AHEPA 371 INC 26700 CROCKER BOULEVARD HARRISON TOWNSHIP MI 48045 382742386 AFFORDABLE HOUSING MI LINE 10 AHEPA OMEGA CHAPTER 371 INC 0 OMEGA SENIOR HOUSING LIMITED DIVIDEND HOUSING ASSOCIATION LP 26700 CROCKER BOULEVARD HARRISON TOWNSHIP MI 48045 320486273 AFFORDABLE LOW-INCOME HOUSING MI AOC SENIOR APARTMENTS INC RELATED 0 0 AOC SENIOR APARTMENTS INC 26700 CROCKER BLVD HARRISON TWP MI 48045 811396671 AFFORDABLE HOUSING MI AHEPA 371 INC 1.00000 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 1 0 0 AHEPA 371 INC E 99967 NOTE PAYABLE