Nonprofit · EIN 42-1487324
AHEPA 192-II INC
Tax-exempt · ANKENY, IA 50021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $436,322 | $446,729 | -$10,407 | $1,729,214 | $45,188 | $1,684,026 |
| June 30, 2024 | 990 | $414,159 | $431,269 | -$17,110 | $1,763,801 | $69,368 | $1,694,433 |
| June 30, 2023 | 990 | $408,783 | $410,415 | -$1,632 | $1,782,345 | $70,802 | $1,711,543 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $419,194
- Investment income
- $14,086
- Other revenue
- $3,042
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $11,131
- Occupancy
- $46,750
- Depreciation
- $88,037
- Program services (functional)
- $391,171
- Management and general (functional)
- $55,558
Balance sheet and other
- Total assets, start of year
- $1,763,801
- Total assets, end of year
- $1,729,214
- Total liabilities, end of year
- $45,188
- Net assets, end of year
- $1,684,026
- Land, buildings and equipment
- $1,288,307
- Net assets without donor restrictions
- $1,684,026
- Gross receipts
- $436,322
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1999
- State of legal domicile
- IA
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 |
|---|---|---|---|
| JAMES KARTHAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| THEODORE VELMAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ELIAS KARTHAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHRISTOPHER AXIOTIS | TREASURER Trustee or director, Officer | 1 | $0 |
| ZACK ZAZAS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| PETER CADE | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE HATZIGIANNAKIS | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY KARTHAN | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE CHRIST | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE ANTONIOU | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES KARTHAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| THEODORE VELMAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ELIAS KARTHAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHRISTOPHER AXIOTIS | TREASURER Trustee or director, Officer | 1 | $0 |
| ZACK ZAZAS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| PETER CADE | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE HATZIGIANNAKIS | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY KARTHAN | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE CHRIST | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE ANTONIOU | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES KARTHAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| THEODORE VELMAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ELIAS KARTHAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHRISTOPHER AXIOTIS | TREASURER Trustee or director, Officer | 1 | $0 |
| ZACK ZAZAS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| PETER CADE | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE HATZIGIANNAKIS | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY KARTHAN | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE CHRIST | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 202 SE 30TH ST, ANKENY, IA 50021-9356
- In care of
- % JOHN G PATRAMANIS
- Principal officer (990 for 2024)
- JAMES KARTHAN, 202 SE 30TH ST, ANKENY, IA 50021
- Signed the 990
- JAMES KARTHAN, PRESIDENT
- Phone
- (515) 964-0164
- 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 $391,171 · revenue $419,194
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
- 42-1487324
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $1,729,214
- Income (IRS master file)
- $436,322
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $436,322 | $446,729 | $1,729,214 | XML |
| 990 | June 2024 | $414,159 | $431,269 | $1,763,801 | XML |
| 990 | June 2023 | $408,783 | $410,415 | $1,782,345 | XML |
| 990 | June 2022 | $403,960 | $421,191 | $1,766,940 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 42-1487324).
Questions about AHEPA 192-II INC
- What is the EIN of AHEPA 192-II INC?
- The employer identification number (EIN) of AHEPA 192-II INC is 42-1487324.
- Is AHEPA 192-II INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to AHEPA 192-II INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AHEPA 192-II 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 192-II 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 192-II 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 192-II INC?
- The 990 for the year ended June 30, 2025 names JAMES KARTHAN.
- Who are the officers and directors of AHEPA 192-II INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does AHEPA 192-II INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $436,322, expenses of $446,729 and total assets of $1,729,214 at year end.
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