Ahepa 371 Ii Inc

Organization Overview

Ahepa 371 Ii Inc is located in Harrison Township, MI. The organization was established in 2000. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ahepa 371 Ii Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Ahepa 371 Ii Inc generated $578.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $659.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

AHEPA 371 II, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF MICHIGAN. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 75-UNIT APARTMENT COMMUNITY IN HARRISON TOWNSHIP, MICHIGAN, KNOWN AS AHEPA 371 II APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AHEPA 371 II, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF MICHIGAN. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 75-UNIT APARTMENT COMMUNITY IN HARRISON TOWNSHIP, MICHIGAN, KNOWN AS AHEPA 371 II APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED.


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Board, Officers & Key Employees

Name (title)Compensation
Lazaros Kircos
Vice President
$0
John N Hatzis
President
$0
George S Gazepis
Treasurer
$0
Lou Pavledes
Secretary
$0
Peter Coutsos
Director
$0
Petros Besieris
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $271,223
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$271,223
Total Program Service Revenue$304,486
Investment income $30
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,200
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $578,739

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