Ahepa 371 INC

Tax-deductible

Harrison Township, MI501(c)(3)HousingEIN 38-2742386Revenue $443K in FY2024

On file with the IRS26700 Crocker Boulevard, 48045-2499 · Harrison Township, MITax-exempt since May 1989Private non-operating foundation

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Ahepa 371, INC. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of michigan. The corporation was organized to provide relief to the poor, the distressed or the underprivileged; to advance religion (and for this organization, more specifically the orthodox religion); to advance education or science; to erect or maintain public buildings, monuments or works; to lessen the burdens of government; to lessen neighborhood tensions; to eliminate prejudice and disccriminnation; to defend human and civil rights secured by law; to combat community deterioration and juvenile delinquency; to provide scholarships to individuals and to operate, manage or develop housing for low income senior or handicapped persons. The corporation is sponsored by Ahepa omega chapter 371, INC.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: 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
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $43K a year · 19% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
78 mo
of spending, in cash
Looks good: 77.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$443K
×16 vs prior year
Spent
$290K
Net assets
$4.4M
By yearFY2020–FY2024
Revenue
$443K
FY2024▲ ×16
Tap a bar for its year
Revenue by fiscal year
FY2020$162K
FY2021$341K
FY2022$151K
FY2023$28K
FY2024$443K
Expenses
$290K
FY2024▼ -21%
Tap a bar for its year
Expenses by fiscal year
FY2020$277K
FY2021$207K
FY2022$202K
FY2023$367K
FY2024$290K
Net assets
$4.4M
FY2024▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.2M
FY2021$4.3M
FY2022$3.7M
FY2023$3.8M
FY2024$4.4M

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1989.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 89% · $257K Operating & administrative 11% · $33K

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

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Who runs it and what they're paid

4 people listed on the 990-PF.

Part VII, Section A · reportable compensation
Treasurer/Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
See Ahepa 371 INC executive salaries →

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Programs and updates

Provides relief, advances religion and education, and defends civil rights.

Questions for Ahepa 371 INC

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Provided by the organization

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2 programs · $263K · in their own filed words · FY2020
01

Relief of the poor, the distressed or the underprivileged; advancement of religion (and for this organization, more specifically the orthodox religion); advancement of education or science; erecting or maintaining public buildings, monuments, or works; lessening the burdens of government; lessening neighborhood tensions; eliminating…

$263Kprogram expense
02

Management of housing facilities for elderly and handicapped persons and provisions of services specially designed to meet their physical, social and psychological needs and to promote their health, security, happiness and usefullness in longer living.

Pt IX · col B

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 23 grants · $257K · 2024–2024
Ahepa District 10FY2024$66,300
Sts Constantine & Helen Greek Orthodox ChurchFY2024$16,350
Hellenic Museum of MichiganMI · FY2024$13,300
St John Greek Orthodox ChurchFY2024$11,600
Hellenic Collegeholy Cross School of TheologyFY2024$10,750
Ahepa District 10 Educational FoundationFY2024$9,900
Assumption Greek Orthodox ChurchFY2024$9,730
Annunciation Greek Orthodox ChurchFY2024$6,550
Hellenic American AcadamyFY2024$5,000
St George Greek Orthodox ChurchFY2024$2,800
Order of St Andrew the Apostle Archons of the Ecumenical PatriarchateFY2024$2,500
Individual RecipientFY2024$2,500
Detroit Greek Independence Day Parade CopmmitteeFY2024$1,500
See all 23 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV7
Average grantPart XV$11K
Median grantPart XV$5K
Largest grantPart XV$66K
Top cause focusNTEEReligion (13%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$443K
Investment income$443K
Money out
$290K
Grants paid$257K
Running costs$33K
Owns and owes
$4.4M
net assets
Cash and savings$1.9M
Total assets$4.4M
Liabilities$0
People
4
listed
Paid0
2In more detail
Revenue in detail
Investment income$443K
Total revenue$443K
Assets in detailEnd of year
Cash and savings together$1.9M
Total assets$4.4M
Liabilities$0
Net assets$4.4M
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $443K$290K$153K$4.4M 990 PDF
FY2023 $28K$367K−$339K$3.8M 990 PDF
FY2022 $151K$202K−$50K$3.7M 990 PDF
FY2021 $341K$207K$134K$4.3M 990 PDF
FY2020 $162K$277K−$115K$4.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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