philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Ahepa 110 INC FY2021 filing

Tax-deductible

Norwich, CT501(c)(3)Housing EIN 06-1160495Revenue $598K in FY2021Latest return filed Mar 10, 2026

On file with the IRS110 Pukallus Ave, 06360-3300 · Norwich, CTTax-exempt since Jul 1987Publicly supported — 509(a)(2)

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $500 a year.

How does your 990 look to donors? Take the 10-Question Audit

The corporation was organized to construct, own, and operate an affordable housing apartment community.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $12K a year · 2% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.6M
173% of total assets
Concern: liabilities are 173% of assets; over 80%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$598K
-2% vs prior year
Spent
$591K
To programs
93%
Net assets
−$1.1M
By yearFY2020–FY2025
Revenue
$598K
FY2021▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$610K
FY2021$598K
FY2022$612K
FY2023$678K
FY2024$670K
FY2025$696K
Expenses
$591K
FY2021-0.07%
Tap a bar for its year
Expenses by fiscal year
FY2020$591K
FY2021$591K
FY2022$655K
FY2023$652K
FY2024$637K
FY2025$664K
Net assets
−$1.1M
FY2021▲ +0.7%
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.1M
FY2021−$1.1M
FY2022−$1.1M
FY2023−$1.1M
FY2024−$1.1M
FY2025−$1.0M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $548K Management & general 7% · $43K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Tony Petros
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ahepa 110 INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds and manages affordable housing for residents.

Questions for Ahepa 110 INC

Tap to ask. Ahepa 110 INC sees how many people are interested.

Your first name shows with your question. Ahepa 110 INC answers here, for everyone.

1 program · $548K · in their own filed words · FY2020
01

Provide housing to low income individuals.

$548Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $2.9M federal money spent
Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$2.5M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$475K

The auditor reported no findings.

Year ending Jun 2024 · $2.9M federal money spent
Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$2.5M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$450K

The auditor reported no findings.

Year ending Jun 2023 · $3.0M federal money spent
Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$2.6M
Section 8 Project-Based Cluster - Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$417K

The auditor reported no findings.

Year ending Jun 2022 · $3.1M federal money spent
Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$2.6M
Covid-19 - Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$429K

The auditor reported no findings.

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$598K
Ln 12
Fees for servicesLn 2g$596K
Other incomeLn 4–11$2K
Investment incomeLn 3$65
Money outPt IX
$591K
Ln 25
Programscol B$548K
Managementcol C$43K
Owns and owesPt X
−$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$16K
Total assetsLn 16$1.5M
LiabilitiesLn 26$2.6M
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$596K
Investment incomeLn 3$65
Other incomeLn 4–11$2K
Total revenueLn 12$598K
Assets in detailPt X, end of year
CashLn 1$16K
Cash and savings togetherLn 1–2$16K
Land, buildings, equipmentLn 10c$1.1M
Other assetsLn 15$310K
Total assetsLn 16$1.5M
LiabilitiesLn 26$2.6M
Net assetsLn 32−$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$13K$16K
Land, buildings, equipmentLn 10c$1.3M$1.1M
Total assetsLn 16$1.5M$1.5M
LiabilitiesLn 26$2.6M$2.6M
Net assetsLn 32−$1.1M−$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$32K$32K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$11K$11K
Advertising and promotionLn 12$154$154
Office expensesLn 13$1K$1K
Information technologyLn 14$2K$2K
OccupancyLn 16$45K$45K
Conferences, conventions and meetingsLn 19$19$19
InterestLn 20$123K$123K
Depreciation, depletion and amortizationLn 22$146K$146K
InsuranceLn 23$42K$42K
Other expenses (24a–d)Ln 24$172K$172K
All other expensesLn 24e$13K$13K
Total functional expensesLn 25$591K$548K$43K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 10, 2026 $696K$664K$31K−$1.0M 990 PDF
FY2024Filed with the IRS Mar 24, 2025 $670K$637K$33K−$1.1M 990 PDF
FY2023Filed with the IRS Apr 15, 2024 $678K$652K$26K−$1.1M 990 PDF
FY2022Filed with the IRS Dec 7, 2022 $612K$655K−$43K−$1.1M 990 PDF
FY2021 ViewingFiled with the IRS Mar 26, 2022 $598K$591K$7K−$1.1M 990 PDF
FY2020Filed with the IRS Feb 9, 2021 $610K$591K$18K−$1.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $598,482 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $593,377$595,967
I-10 Investment incomePrior year $93$65
I-11 Other revenuePrior year $16,289$2,450
I-12 Total revenuePrior year $609,759$598,482
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $591,488$591,068
I-18 Total expensesPrior year $591,488$591,068
I-19 Revenue less expensesPrior year $18,271$7,414
Part VI · Governance 12 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $598,482 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $595,967$595,967
VIII-3 Investment incomeExcluded from tax $65$65
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,450$2,450
VIII-12 Total revenueRelated to mission $595,967 · Unrelated business $0 · Excluded from tax $2,515$598,482
Part IX · Statement of functional expenses $591,068 across 13 lines filed
IX-11a Management feesManagement $32,079$32,079
IX-11b Legal feesPrograms $2,906$2,906
IX-11c Accounting feesManagement $10,984$10,984
IX-12 Advertising and promotionPrograms $154$154
IX-13 Office expensesPrograms $1,376$1,376
IX-14 Information technologyPrograms $2,084$2,084
IX-16 OccupancyPrograms $45,107$45,107
IX-19 Conferences, conventions and meetingsManagement $19$19
IX-20 InterestPrograms $123,467$123,467
IX-22 Depreciation, depletion and amortizationPrograms $145,731$145,731
IX-23 InsurancePrograms $41,990$41,990
IX-24 Other expenses (24a–d)Programs $171,771$171,771
IX-24e All other expensesPrograms $13,400$13,400
IX-25 Total functional expensesPrograms $547,986 · Management $43,082 · Fundraising $0$591,068
Part X · Balance sheet $1,485,974 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $13,191$16,262
X-4 Accounts receivableStart of year $6,459$6,553
X-9 Prepaid expenses and deferred chargesStart of year $30,541$28,644
X-10c Land, buildings and equipment, netStart of year $1,270,062$1,124,331
X-15 Other assetsStart of year $207,023$310,184
X-16 Total assetsStart of year $1,527,276$1,485,974
X-17 Accounts payable and accrued expensesStart of year $79,349$82,610
X-19 Deferred revenueStart of year $1,106$1,123
X-24 Unsecured notes and loans payableStart of year $2,513,950$2,463,046
X-25 Other liabilitiesStart of year $18,749$17,659
X-26 Total liabilitiesStart of year $2,613,154$2,564,438
X-27 Net assets without donor restrictionsStart of year −$1,085,878−$1,078,464
X-32 Total net assets or fund balancesStart of year −$1,085,878−$1,078,464
X-33 Total liabilities and net assetsStart of year $1,527,276$1,485,974
Part XI · Reconciliation of net assets −$1,078,464 net assets at year end
XI-1 Total revenue$598,482
XI-2 Total expenses$591,068
XI-3 Revenue less expenses$7,414
XI-4 Net assets at start of year−$1,085,878
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$1,078,464

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.