Ahepa 310 Inc
- Assets
- $1.4m
- Revenue
- $33.3k
- Investments
- $21.7k
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 09/1987
- Data as of
- 06/2022
- EIN
- 63-0955243
Organization Overview
Ahepa 310 Inc is located in Mobile, AL. The organization was established in 1987. 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 310 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 310 Inc generated $33.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AHEPA 310, INC. WAS FORMED UNDER THE PROVISIONS OF TITLE 10-3A-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 | |
James M Lignos Vice President | 1 | $0 | |
Bobby L Foropoulos Treasurer | 1 | $0 | |
Dale Greenstein Secretary | 1 | $0 | |
John Moralis Director | 1 | $0 | |
Tommy Luther Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2 |
| 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 | $33,335 |
| Total Revenue | $33,337 |
| 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 | $0 |
| Total expenses and disbursements | $2,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $275,695 |
| 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 | $980,452 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $21,650 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $101,596 |
| Total assets | $1,379,393 |
| Accounts payable and accrued expenses | $0 |
| 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 | $2,000 |
Grants Awarded
Over the last fiscal year, Ahepa 310 Inc has awarded $900,190 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE CORE PROJECT PURPOSE: CHARITABLE CONTRIBUTIONS | $100,000 |
PENELOPE HOUSE INC PURPOSE: CHARITABLE CONTRIBUTIONS | $150,000 |
AGOC PARISH COUNCIL PURPOSE: CHARITABLE CONTRIBUTIONS | $550,190 |
A SERVANT'S LOVE PURPOSE: CHARITABLE CONTRIBUTIONS | $100,000 |