AHEPA 78 INC

Address
2078 WEST 79TH STREET
MERRILLVILLE, IN 46410
Contact
Phone: +1 (219) 771-9082
Nonprofit
NTEE: E91 - Nursing, Convalescent Facilities
EIN: 35-1634086

Mission

AHEPA 78, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 50-UNIT APARTMENT COMMUNITY IN MERRILLVILLE, INDIANA, KNOWN AS AHEPA 78 APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE SPONSOR OF THE CORPORATION IS AHEPA NATIONAL HOUSING CORPORATION.
 201720162015
Basic features of the organization
Year of formation1986
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area1602
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00
Number of employees000
Number of people compensated >$100k000
Number of volunteers000
Number of highly compensated contractors000
Personnel
Bravos, Louis
TitlePRESIDENTPRESIDENT / FORMER VICE PRESIDENTVICE PRESIDENT
Name of key/compensated personLOUIS H BRAVOSLOUIS H BRAVOSLOUIS H BRAVOS
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs6.006.005.00
Coil, Tom
TitleSECRETARY  
Name of key/compensated personTOM COIL JR  
Average hours per week working for org1.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director, Officer  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs5.00  
Demetrakis, John
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personJOHN G DEMETRAKISJOHN G DEMETRAKISJOHN G DEMETRAKIS
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs5.005.005.00
Domoras, George
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personGEORGE DOMORASGEORGE DOMORASGEORGE DOMORAS
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs5.005.005.00
Farver, Jeff
TitleCOORDINATORCOORDINATORDIRECTOR
Name of key/compensated personJEFF FARVERJEFF FARVERJEFF FARVER
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs5.005.005.00
Gianikos, Nicholas
TitleVICE PRESIDENT / TREASURERSECRETARY / TREASURERSECRETARY
Name of key/compensated personNICHOLAS GIANIKOSNICHOLAS GIANIKOSNICHOLAS GIANIKOS
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs5.005.005.00
Kyres, Sam
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personSAM A KYRESSAM A KYRESSAM A KYRES
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs5.005.005.00
Magrames, Angelika
Title  DIRECTOR
Name of key/compensated person  ANGELIKA MAGRAMES
Average hours per week working for org  1.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  5.00
Magrames, John
Title  DIRECTOR - FORMER
Name of key/compensated person  JOHN MAGRAMES
Average hours per week working for org  1.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  5.00
Manolopoulos, Dino
Title  PRESIDENT - FORMER
Name of key/compensated person  DINO MANOLOPOULOS
Average hours per week working for org  1.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  6.00
Murdakes, Peter
TitleDIRECTOR  
Name of key/compensated personPETER MURDAKES  
Average hours per week working for org1.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs5.00  
Perez, Dominic
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personDOMINIC A PEREZDOMINIC A PEREZDOMINIC A PEREZ
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs5.005.005.00
Skora, Joseph
TitleDIRECTORCOORDINATORCOORDINATOR
Name of key/compensated personJOSEPH SKORAJOSEPH SKORAJOSEPH SKORA
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs5.005.005.00
Stath, Leon
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personLEON STATHLEON STATHLEON STATH
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs5.005.005.00
Vlahos, George
TitleFORMER VPVICE PRESIDENT / FORMER TREASURERTREASURER
Name of key/compensated personGEORGE VLAHOSGEORGE VLAHOSGEORGE VLAHOS
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs5.005.005.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesAHEPA 78, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 50-UNIT APARTMENT COMMUNITY IN MERRILLVILLE, INDIANA, KNOWN AS AHEPA 78 APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE SPONSOR OF THE CORPORATION IS AHEPA NATIONAL HOUSING CORPORATION.AHEPA 78, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 50-UNIT APARTMENT COMMUNITY IN MERRILLVILLE, INDIANA, KNOWN AS AHEPA 78 APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE SPONSOR OF THE CORPORATION IS AHEPA NATIONAL HOUSING CORPORATION.AHEPA 78, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 50-UNIT APARTMENT COMMUNITY IN MERRILLVILLE, INDIANA, KNOWN AS AHEPA 78 APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE SPONSOR OF THE CORPORATION IS AHEPA NATIONAL HOUSING CORPORATION.
Program expenses (total)$324,049.00$363,301.00$333,509.00
Programs, including revenue & expenses
AHEPA 78, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 50-UNIT APARTMENT COMMUNITY IN MERRILLVILLE, INDIANA, KNOWN AS AHEPA 78 APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE SPONSOR OF THE CORPORATION IS AHEPA NATIONAL HOUSING CORPORATION.
Program expenses$324,049.00$363,301.00$333,509.00
Program revenue$155,067.00$144,553.00$138,515.00
Program descriptionAHEPA 78, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 50-UNIT APARTMENT COMMUNITY IN MERRILLVILLE, INDIANA, KNOWN AS AHEPA 78 APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE SPONSOR OF THE CORPORATION IS AHEPA NATIONAL HOUSING CORPORATION.AHEPA 78, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 50-UNIT APARTMENT COMMUNITY IN MERRILLVILLE, INDIANA, KNOWN AS AHEPA 78 APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE SPONSOR OF THE CORPORATION IS AHEPA NATIONAL HOUSING CORPORATION.AHEPA 78, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 50-UNIT APARTMENT COMMUNITY IN MERRILLVILLE, INDIANA, KNOWN AS AHEPA 78 APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE SPONSOR OF THE CORPORATION IS AHEPA NATIONAL HOUSING CORPORATION.
Financial data
Expense categories (totals)
Sum (total functional expenses)$401,096.00$422,066.00$405,357.00
Program services (total functional expenses)$324,049.00$363,301.00$333,509.00
Management & general (total functional expenses)$77,047.00$58,765.00$71,848.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$346,079.00$328,832.00$320,456.00
Program service revenue (total)$155,067.00$144,553.00$138,515.00
Revenue from contributions (total)$188,305.00$182,564.00$179,731.00
Investment income$912.00$502.00$1,110.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$1,795.00$1,213.00$1,100.00
Net unrelated business taxable revenue$0.00$0.00$0.00
Total revenue from grants, etc., current yr$188,305.00$182,564.00$179,731.00
Gross receipts$346,079.00$328,832.00$320,456.00
Sources of contributions
Revenue from gov't grants$188,305.00$182,564.00$179,731.00
Other types of revenue
Miscellaneous revenue (total)$1,795.00$1,213.00$1,100.00
Income from dividends, interest, and similar investments$912.00$502.00$1,110.00
Net rental income $0.00$0.00
Fees for services
Legal fees (total)$127.00  
Fundraising service fees (total)$0.00$0.00$0.00
General management fees (total)$48,528.00$33,946.00$45,453.00
Accounting service fees (total)$8,965.00$8,780.00$8,610.00
Assets and liabilities
Total assets$1,215,969.00$1,288,389.00$1,284,668.00
Total assets, beginning of year$1,288,389.00$1,284,668.00$1,399,420.00
Total liabilities$157,228.00$174,631.00$77,676.00
Total liabilities, beginning of year$174,631.00$77,676.00$107,527.00
Net assets$1,058,741.00$1,113,758.00$1,206,992.00
Net assets, beginning of year$1,113,758.00$1,206,992.00$1,291,893.00
Other liabilities$14,574.00$13,786.00$13,354.00
Other assets$15,078.00$15,073.00$15,069.00
Cash: non-interest bearing$10,102.00$2,801.00$2,803.00
Cash: non-interest bearing, beginning of year$2,801.00$2,803.00$16,849.00
Investments: program-related$295,273.00$268,173.00$297,291.00
Other financial variables
Revenue less expenses-$55,017.00-$93,234.00-$84,901.00
Advertising (total)  $203.00
Accounts receivable, net$96,092.00$94,403.00$451.00
Prepaid expenses & deferred charges$9,518.00$9,573.00$10,403.00
Accounts payable & accrued expenses$138,154.00$160,845.00$64,322.00
Deferred revenue$4,500.00  
Total net assets or fund balances$1,058,741.00$1,113,758.00$1,206,992.00
Depreciation, depletion, amortization$108,461.00$109,219.00$109,199.00
Governance and accountability
Number of voting members111011
Number of independent voting members111011
Financial sheets auditedTrueTrueTrue
Relationships among key personnel  True
Tax year start date2016-07-012015-07-012014-07-01
Tax year end date2017-06-302016-06-302015-06-30
Accounting methodAccrualAccrualAccrual
Metadata about the filing
E-return type990990990
Date e-filing submitted2018-01-192017-01-242015-10-13
IRS schema version2016v3.02015v2.12014v5.0
Filing identifier201712969349301356201642999349300344201502739349300610
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