2026-03-31T15:06:28-05:00 2025-06-30 310800053 CLARK SCHAEFER HACKETT & CO 14 EAST MAIN STREET SUITE 500 SPRINGFIELD OH 45502 990 2024-07-01 351978023 AHEPA 78 PHASE III INC AHEP 2199429135 2022 W 79TH PLACE MERRILLVILLE IN 46410 LEON STATH PRESIDENT 2199429135 2026-03-31 1 0 RENEA R IRICK P01586814 9373992000 2026-03-31 2024 2025-03-06 01:10:19Z LEON STATH 2022 W 79TH PLACE MERRILLVILLE IN 46410 529498 0 X N/A X 1995 IN THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 8 8 0 8 0 0 0 0 500924 515937 6624 13061 23364 500 530912 529498 0 0 0 0 0 0 0 0 0 527897 575073 527897 575073 3015 -45575 1752263 1684216 87987 65515 1664276 1618701 THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 0 0 496181 515937 PROVIDE HOUSING TO LOW INCOME INDIVIDUALS. 496181 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 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 274213 274213 RENTAL INCOME 531110 241724 241724 515937 13061 13061 OTHER INCOME 531110 500 500 500 529498 515937 0 13561 X 67479 67479 1114 1114 8600 8600 1651 1651 5536 5536 9941 9941 43333 43333 475 475 2813 2813 16 16 99191 99191 43093 43093 MANAGEMENT EXPENSE STAF 135860 135860 CONTRACT SERVICES 44750 44750 SERVICE COORDINATOR EXP 30560 30560 REPAIRS & MAINTENANCE 19944 19944 60717 60717 575073 496181 78892 0 241 3518 19081 29653 26786 3669174 2363164 1349457 1306010 353831 347902 1752263 1684216 48479 26227 1762 2048 37746 37240 87987 65515 X 1664276 1618701 1664276 1618701 1752263 1684216 -45575 0 X X 0 1 X 1 1 1 X 431643 451308 472350 500924 515937 2372162 431643 451308 472350 500924 515937 2372162 0 0 0 2372162 92 39 1541 6624 13061 21357 92 39 1541 6624 13061 21357 1707 1644 7027 23364 500 34242 433442 452991 480918 530912 529498 2427761 0.97710 0.97810 0.00880 0.00420 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. 179256 179256 3242628 2196032 1046596 238865 158707 80158 8425 8425 0 1306010 RESERVES 227509 TENANT SECURITY DEPOSIT 26638 ESCROW DEPOSIT 93755 347902 DEPOSITS 21740 OTHER LIABILITES 500 REALTED PARTY PAYABLE 15000 37240 X 529498 0 529498 0 529498 575073 0 575073 0 575073 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, 2025 AND 2024. 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, 2025 AND 2024. 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 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 ORGANIZATION MAKES AVAILABLE ALL DOCUMENTS REQUIRED BY LAW. FORM 990, PART IX, LINE 24E SUPPLIES: PROGRAM SERVICE EXPENSES 18,754. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,754. BAD DEBT: PROGRAM SERVICE EXPENSES 17,978. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,978. MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 13,497. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,497. TRASH REMOVAL: PROGRAM SERVICE EXPENSES 6,393. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,393. SNOW REMOVAL: PROGRAM SERVICE EXPENSES 4,095. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,095. 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 II INC 2080 W 79TH PLACE MERRILLVILLE IN 46410 351916082 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 AHEPA 78 PHASE IV INC D 15000 COST