Order Of Ahepa is located in Washington, DC. The organization was established in 1959. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 03/2022, Order Of Ahepa employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Order Of Ahepa is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 03/2022, Order Of Ahepa generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $2.6m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN HELLENIC EDUCATIONAL PROGRESSIVE ASSOCIATION'S MISSION IS TO PROMOTE THE HELLENIC IDEALS OF EDUCATION, PHILANTHROPY, CIVIC RESPONSIBILITY, FAMILY AND INDIVIDUAL EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTERING THE GREEK TRADITION BY DISSEMINATION OF INFORMATION BY PRINTED MATERIALS AND GROUP EVENTS
CONVENING A CONVENTION OF ALL MEMBERS FOR THE PURPOSE OF DISSEMINATING INFORMATION OF BENEFIT TO MEMBERS OF THE GREEK COMMUNITY
PROVIDING FUNDS FOR SCHOLARSHIPS FOR CHILDREN OF GREEK ANCESTRY
PROVIDES FUNDS TO NON-PROFIT ORGANIZATIONS THAT CONTRIBUTE TO THE SOCIAL AND PHYSICAL WELFARE OF THE MEMBERS OF THE GREEK COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jimmy Kokotas Supreme Pres | OfficerTrustee | 2 | $0 |
Lou Atsaves Supreme Vice | OfficerTrustee | 2 | $0 |
Savas Tsivikos Supreme Secr | OfficerTrustee | 2 | $0 |
Emmanuel Kaitson Supreme Trea | OfficerTrustee | 2 | $0 |
Nicholas A Karacostas Chairman | Trustee | 2 | $0 |
George Horiates Vice Chairma | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,031,557 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,031,557 |
Total Program Service Revenue | $799,090 |
Investment income | $499,830 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $79 |
Net Rental Income | $182,607 |
Net Gain/Loss on Asset Sales | $60,656 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$395 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,013,669 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $87,000 |
Grants and other assistance to Foreign Orgs/Individuals | $57,949 |
Benefits paid to or for members | $1,650 |
Compensation of current officers, directors, key employees. | $311,764 |
Compensation of current officers, directors, key employees. | $103,625 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $316,979 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $95,698 |
Payroll taxes | $49,892 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $49,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $67,995 |
Fees for services: Other | $38,712 |
Advertising and promotion | $121,852 |
Office expenses | $137,088 |
Information technology | $49,249 |
Royalties | $0 |
Occupancy | $0 |
Travel | $159,001 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $483,838 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $103,063 |
Insurance | $34,383 |
All other expenses | $0 |
Total functional expenses | $2,550,990 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,486,325 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $80,726 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $30,396 |
Prepaid expenses and deferred charges | $89,062 |
Net Land, buildings, and equipment | $1,092,149 |
Investments—publicly traded securities | $14,419,776 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,681 |
Total assets | $17,204,115 |
Accounts payable and accrued expenses | $144,268 |
Grants payable | $0 |
Deferred revenue | $263,731 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,250 |
Total liabilities | $413,249 |
Net assets without donor restrictions | $9,951,561 |
Net assets with donor restrictions | $6,839,305 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $17,204,115 |