2025-03-16T23:31:17-05:00 2024-06-30 310800053 CLARK SCHAEFER HACKETT & CO 14 EAST MAIN STREET SUITE 500 SPRINGFIELD OH 45502 990 2023-07-01 351634086 AHEPA 78 INC AHEP 2197719082 2078 WEST 79TH STREET MERRILLVILLE IN 46410 LEON STATH PRESIDENT 2197719082 2025-03-16 1 0 RENEA R IRICK P01586814 9373992000 2025-03-16 2023 2025-03-06 01:10:19Z LEON STATH 2078 WEST 79TH STREET MERRILLVILLE IN 46410 489307 0 X N/A X 1986 IN THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 8 8 0 8 0 0 0 0 463138 480395 437 4891 870 4021 464445 489307 0 0 0 0 0 0 0 0 0 415261 470885 415261 470885 49184 18422 670526 690513 61559 63124 608967 627389 THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 0 0 389374 480395 PROVIDE HOUSING TO LOW INCOME INDIVIDUALS. 389374 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 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 1 0 1 1 0 0 1 0 0 0 0 0 0 IN X AHEPA MANAGEMENT COMPANY 3178453410 10706 SKY PRAIRIE ST FISHERS IN 46038 X 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 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 281094 281094 RENTAL INCOME 531110 199301 199301 480395 4891 4891 OTHER INCOME 531110 4021 4021 4021 489307 480395 0 8912 71915 71915 4807 4807 9000 9000 1422 1422 12306 12306 8947 8947 34791 34791 227 227 596 596 24944 24944 39153 39153 MANAGEMENT STAFFING EXP 141413 141413 CONTRACT SERVICES 58724 58724 SERVICE COORDINATOR EXP 32396 32396 SNOW REMOVAL 10536 10536 19708 19708 470885 389374 81511 0 17104 3524 274 27695 24423 9657 3188979 2765536 388217 423443 240508 226194 670526 690513 42957 43851 3061 2790 15541 16483 61559 63124 X 608967 627389 608967 627389 670526 690513 18422 0 X X 0 1 X 1 1 1 X 379363 391170 466138 463138 480395 2180204 379363 391170 466138 463138 480395 2180204 0 0 0 2180204 890 45 27 437 4891 6290 890 45 27 437 4891 6290 8414 2107 2151 870 4021 17563 388667 393322 468316 464445 489307 2204057 0.98920 0.99130 0.00290 0.00140 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. 190000 190000 2767338 2558768 208570 194036 175352 18684 37605 31416 6189 423443 REPLACEMENT RESERVES 145748 TENANT SECURITY DEPOSIT 17224 ESCROW DEPOSIT 35394 PAINTING RESERVES 27828 226194 SECURITY DEPOSIT LIABILITY 16483 16483 489307 0 489307 0 489307 470885 0 470885 0 470885 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 A, LINE 7A THE DIRECTORS OF THE CORPORATION SHALL, AT ALL TIMES BE, LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF AHEPA NATIONAL HOUSING CORPORATION, THE SPONSORING ORGANIZATION, OR NONMEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF THE SAID SPONSORING ORGANIZATION. IF A DIRECTOR CEASES TO BE A MEMBER OF AHEPA NATIONAL HOUSING CORPORATION OR IF THE AFOREMENTIONED APPROVAL IS WITHDRAWN, THEN IN EITHER EVENT, SUCH SHALL CONSTITUTE AUTOMATIC RESIGNATION AS A MEMBER AND DIRECTOR OF THE CORPORATION. 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. 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. AHEPA 78 PHASE II INC 2080 W 79TH PLACE MERRILLVILLE IN 46410 351916082 AFFORDABLE LOW-INCOME HOUSING IN 501(C)(3) LINE 10 AHEPA AFFORDABLE HOUSING MANAGEMENT COMPANY 0 AHEPA 78 PHASE III INC 2022 W 79TH PLACE MERRILLVILLE IN 46410 351978023 AFFORDABLE LOW-INCOME HOUSING IN 501(C)(3) LINE 10 AHEPA AFFORDABLE HOUSING MANAGEMENT COMPANY 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 AFFORDABLE HOUSING MANAGEMENT COMPANY 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 AFFORDABLE HOUSING MANAGEMENT COMPANY 0 AHEPA 78 PHASE VI INC 8050 MADISON ST MERRILLVILLE IN 46410 320192583 AFFORDABLE LOW-INCOME HOUSING IN 501(C)(3) LINE 10 AHEPA AFFORDABLE HOUSING MANAGEMENT COMPANY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0