Nonprofit · EIN 04-3401165
AHEPA-PENELOPE 120 INC
Tax-exempt · PEABODY, MA 01960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $646,067 | $707,150 | -$61,083 | $2,992,338 | $731,962 | $2,260,376 |
| June 30, 2024 | 990 | $602,908 | $711,709 | -$108,801 | $3,061,790 | $740,331 | $2,321,459 |
| June 30, 2023 | 990 | $556,870 | $673,989 | -$117,119 | $3,155,219 | $724,959 | $2,430,260 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $635,908
- Investment income
- $10,159
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $11,333
- Occupancy
- $110,292
- Travel
- $648
- Depreciation
- $143,855
- Program services (functional)
- $626,496
- Management and general (functional)
- $80,654
Balance sheet and other
- Total assets, start of year
- $3,061,790
- Total assets, end of year
- $2,992,338
- Total liabilities, end of year
- $731,962
- Net assets, end of year
- $2,260,376
- Land, buildings and equipment
- $2,585,093
- Net assets without donor restrictions
- -$2,105,724
- Net assets with donor restrictions
- $4,366,100
- Gross receipts
- $646,067
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1998
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEXIS ZARKADES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| IRENE FRANGOS FALITE | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| DIANE PATERAKIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| DEBORAH PANTEZELOS | TREASURER Trustee or director, Officer | 1 | $0 |
| FOTINI G MANOLAKOS | DIRECTOR Trustee or director | 1 | $0 |
| NICHOLAS KALLAN | DIRECTOR Trustee or director | 1 | $0 |
| JAMES TZITZON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEXIS ZARKADES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| IRENE FRANGOS FALITE | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| DIANE PATERAKIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| DEBORAH PANTEZELOS | TREASURER Trustee or director, Officer | 1 | $0 |
| FOTINI G MANOLAKOS | DIRECTOR Trustee or director | 1 | $0 |
| NICHOLAS KALLAN | DIRECTOR Trustee or director | 1 | $0 |
| JAMES TZITZON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEXIS ZARKADES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| IRENE FRANGOS FALITE | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| DIANE PATERAKIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| DEBORAH PANTEZELOS | TREASURER Trustee or director, Officer | 1 | $0 |
| FOTINI G MANOLAKOS | DIRECTOR Trustee or director | 1 | $0 |
| NICHOLAS KALLAN | DIRECTOR Trustee or director | 1 | $0 |
| JAMES TZITZON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 98 CENTRAL STREET, PEABODY, MA 01960-4386
- In care of
- % JOANNA MERAKOS
- Mailing address (990-N for 2018)
- 98 Central Street, Peabody MA 01960
- Principal officer (990 for 2024)
- ALEXIS ZARKADES, 98 CENTRAL STREET, PEABODY, MA 01960
- Principal officer (990-N for 2018)
- Alexis K Zarkades, 98 Central Street, Peabody MA 01960
- Signed the 990
- ALEXIS ZARKADES, PRESIDENT
- Phone
- (978) 531-5883
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
Program accomplishments
- PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.Expenses $626,496 · revenue $635,908
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3401165
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $2,992,338
- Income (IRS master file)
- $646,067
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $646,067 | $707,150 | $2,992,338 | XML |
| 990 | June 2024 | $602,908 | $711,709 | $3,061,790 | XML |
| 990 | June 2023 | $556,870 | $673,989 | $3,155,219 | XML |
| 990 | June 2022 | $509,986 | $681,145 | $3,287,106 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Alexis K Zarkades | June 30, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3401165).
Questions about AHEPA-PENELOPE 120 INC
- What is the EIN of AHEPA-PENELOPE 120 INC?
- The employer identification number (EIN) of AHEPA-PENELOPE 120 INC is 04-3401165.
- Is AHEPA-PENELOPE 120 INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to AHEPA-PENELOPE 120 INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AHEPA-PENELOPE 120 INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AHEPA-PENELOPE 120 INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AHEPA-PENELOPE 120 INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of AHEPA-PENELOPE 120 INC?
- The 990 for the year ended June 30, 2025 names ALEXIS ZARKADES.
- Who are the officers and directors of AHEPA-PENELOPE 120 INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does AHEPA-PENELOPE 120 INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $646,067, expenses of $707,150 and total assets of $2,992,338 at year end.
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