Ahepa Of Mobile Inc
- Assets
- $2.1m
- Revenue
- $60.0k
- Investments
- $1.6k
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 05/1984
- Data as of
- 06/2022
- EIN
- 63-0859667
Organization Overview
Ahepa Of Mobile Inc is located in Mobile, AL. The organization was established in 1984. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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 Of Mobile 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 Of Mobile Inc generated $60.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $201.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AHEPA OF MOBILE, INC. WAS FORMED UNDER THE PROVISIONS OF TITLE 10-3-1 ET SEQ, CODE OF ALABAMA 1975, WHICH SAID SECTIONS COMPRISE THE "ALABAMA NON-PROFIT CORPORATION ACT" TO PROVIDE ELDERLY PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, HAPPINESS AND USEFULNESS IN LONGER LIVING, THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATION THEREOF ON A NON-PROFIT BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christ N Coumanis President | 1 | $0 | |
Dale Greenstein Secretary | 1 | $0 | |
John Moralis Director | 1 | $0 | |
Bobby L Foropoulos Treasurer | 1 | $0 | |
James M Lignos Vice President | 1 | $0 | |
Nick Tsounis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $54 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $59,990 |
| Total Revenue | $60,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,000 |
| Contributions, gifts, grants paid | $199,899 |
| Total expenses and disbursements | $201,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,988 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,760,373 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,611 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $185,573 |
| Total assets | $2,066,545 |
| Accounts payable and accrued expenses | $966 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,000 |
| Total liabilities | $2,966 |
Grants Awarded
Over the last fiscal year, Ahepa Of Mobile Inc has awarded $199,899 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PENELOPE HOUSE INC PURPOSE: SHELTER IMPROVEMENTS & WISH LIST ITEMS | $150,000 |
ANNUNCIATION GREEK ORTHODOX CHURCH OF MOBILE PURPOSE: CHURCH ROOF REPLACEMENT AND REPAIRS | $44,899 |
USA MITCHELL CANCER INSTITUTE PURPOSE: START-UP DONATION FOR FORMATION OF MOBILE & GULF COAST CHAPTER OF MULTINATIONAL ASSOC. OF SUPPORTIVE CARE IN CANCER | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Hap Administrators Inc Atlanta, GA | $13,430,323 | $20,876,355 |
Sunrise Northeast Inc Miami, FL | $3,715,475 | $18,670,620 |
Affordable Housing Preservation Corporation St Augustine, FL | $540,750,555 | $2,294,342 |
Preservation Housing Inc Mobile, AL | $45,095,355 | $8,020,455 |
Nonprofit Housing Preservations Sb Inc Riviera Beach, FL | $13,108,120 | $31,278,179 |
Jewish Association For Residential Care Inc Boca Raton, FL | $7,062,896 | $8,370,046 |
Habitat For Humanity Of Greater Miami Inc Miami, FL | $44,913,698 | $17,755,764 |
Contemporary Housing Alternatives Of Florida Inc Clearwater, FL | $42,120,344 | $6,399,709 |
John Sparks Manor Inc Union City, GA | $0 | $5,675,234 |
Housing And Neighborhood Development Services Of Central Orlando, FL | $22,476,842 | $6,815,149 |
Larry Moore Manor Inc Union City, GA | $0 | $4,277,912 |
Rhg-Afforable Housing Ii Inc Atlanta, GA | $13,550,062 | $7,175,901 |