2026-03-10T12:22:30-05:00 2025-06-30 310800053 CLARK SCHAEFER HACKETT & CO 14 EAST MAIN STREET SUITE 500 SPRINGFIELD OH 45502 990 2024-07-01 061084245 AHEPA 58 INC AHEP 8609566474 1532 BERLIN TPKE WETHERSFIELD CT 06109 ANDREAS KAPETANOPOULOS PRESIDENT 8609566474 2026-03-08 1 1 RENEA R IRICK P01586814 9373992000 2026-03-08 2024 2025-03-06 01:10:19Z 1532 BERLIN TPKE WETHERSFIELD CT 06109 1272563 0 X N/A X 1987 CT THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 9 9 0 9 0 0 0 0 1189153 1235988 20451 28536 24424 8039 1234028 1272563 0 0 0 0 0 0 0 0 0 1316814 1375621 1316814 1375621 -82786 -103058 8997803 8781016 2923708 2733208 6074095 6047808 THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 0 0 1261878 1235988 PROVIDE HOUSING TO LOW INCOME INDIVIDUALS. 1261878 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 X AHEPA AFFORDABLE HOUSING MANAGEMENT COMPANY INC 3178453410 10706 SKY PRAIRIE STREET FISHERS IN 46038 X X ANDREAS KAPETANOPOULOS PRESIDENT 1.00 X X 0 0 0 PAUL MATSIKAS VICE PRESIDENT 1.00 X X 0 0 0 CHRISTOPHER MERISOTIS TREASURER 1.00 X X 0 0 0 LUCIA KAZAKOS SECRETARY 1.00 X X 0 0 0 GEORGE PAUL DIRECTOR 1.00 X 0 0 0 CHRISTINE WHITE DIRECTOR 1.00 X 0 0 0 JORDAN SMITH DIRECTOR 1.00 X 0 0 0 JOHN GROSSOMANIDES DIRECTOR 1.00 X 0 0 0 PHYLLIS ZERBINI DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 TENANT ASSISTANCE HUD 531110 902196 902196 RENTAL INCOME 531110 333792 333792 1235988 28536 28536 OTHER INCOME 531110 8039 8039 8039 1272563 1235988 0 36575 90484 90484 681 681 21357 21357 4311 4311 11002 11002 25357 25357 168569 168569 244 244 1902 1902 105339 105339 337461 337461 165926 165926 MANAGEMENT EXPENSE STAF 194130 194130 CONTRACT SERVICES 97813 97813 SERVICE COORDINATOR EXP 71162 71162 REPAIRS AND MAINTENANCE 19079 19079 60804 60804 1375621 1261878 113743 0 2444 7903 556943 648280 6117 22762 82585 116077 12130270 5411787 7009823 6718483 1339891 1267511 8997803 8781016 126794 101732 3723 1940 2763288 2573465 29903 56071 2923708 2733208 X 6074095 6047808 6074095 6047808 8997803 8781016 -103058 76771 0 X X 0 1 X 1 1 1 X 1078353 1110522 1155182 1189153 1235988 5769198 1078353 1110522 1155182 1189153 1235988 5769198 0 0 0 5769198 235 158 4177 20451 28536 53557 235 158 4177 20451 28536 53557 17314 2151 3778 24424 8039 55706 1095902 1112831 1163137 1234028 1272563 5878461 0.98140 0.98370 0.00910 0.00460 X FORM 990, SCHEDULE A, PART III, LINE 2 MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. 250000 250000 11471171 5122071 6349100 409099 289716 119383 6718483 REPLACEMENT RESERVE HUD 675656 PAINTING RESERVE 98113 TENANT SECURITY DEPOSIT 35287 ESCROW DEPOSIT 427113 RESIDUAL RECEIPTS 31342 1267511 TENANT SECURITY DEPOSITS 32168 RESIDUAL RECEIPTS 23903 56071 X 1255467 0 1255467 17096 17096 1272563 1373091 0 1373091 2530 2530 1375621 PART X, LINE 2: NO PROVISION OR BENEFIT FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS SINCE AHEPA 58, INC. 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, 2025 AND 2024. THE PROJECT HAS DETERMINED THAT ALL INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND ACCORDINGLY, THE PROJECT 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, 2025 AND 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL INCOME NOT ON AUDIT 17,096. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL EXPENSE NOT ON AUDIT 2,530. 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 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. 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 12 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 ORGANIZATION MAKES AVAILABLE ALL DOCUMENTS REQUIRED BY LAW. FORM 990, 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.