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Nonprofit · EIN 56-1961732

AHEPA 408 INC

Tax-exempt · WILMINGTON, NC 28405

Financials

$449K$532K2022$510K$580K2023$515K$546K2024
Revenue Expenses · by fiscal year end
Financials of AHEPA 408 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$514,916$546,489-$31,573$1,634,371$42,393$1,591,978
June 30, 2024990$509,517$580,220-$70,703$1,720,006$96,455$1,623,551
June 30, 2023990$449,487$532,093-$82,606$1,795,492$101,238$1,694,254
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$506,527
Investment income
$7,752
Other revenue
$637

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$11,534
Occupancy
$52,095
Travel
$5,030
Depreciation
$94,362
Program services (functional)
$465,766
Management and general (functional)
$80,723

Balance sheet and other

Total assets, start of year
$1,720,006
Total assets, end of year
$1,634,371
Total liabilities, end of year
$42,393
Net assets, end of year
$1,591,978
Land, buildings and equipment
$1,349,086
Net assets without donor restrictions
-$1,963,122
Net assets with donor restrictions
$3,555,100
Gross receipts
$514,916
Employees
0
Volunteers
7
Year formed
1996
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
EDWARD MAYORGAPRESIDENT
Trustee or director, Officer
1$0
MARIA STASIOSVICE PRESIDENT
Trustee or director, Officer
1$0
RONALD DEMASSECRETARY
Trustee or director, Officer
1$0
SAMUEL WIERSTEINERTREASURER
Trustee or director, Officer
1$0
PETER ZACKDIRECTOR
Trustee or director
1$0
LIMBERIOS VALLIANOSDIRECTOR
Trustee or director
1$0
CAMERON CALHOUNDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
EDWARD MAYORGAPRESIDENT
Trustee or director, Officer
1$0
MARIA STASIOSVICE PRESIDENT
Trustee or director, Officer
1$0
RONALD DEMASSECRETARY
Trustee or director, Officer
1$0
SAMUEL WIERSTEINERTREASURER
Trustee or director, Officer
1$0
PETER ZACKDIRECTOR
Trustee or director
1$0
LIMBERIOS VALLIANOSDIRECTOR
Trustee or director
1$0
CAMERON CALHOUNDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
EDWARD MAYORGAPRESIDENT
Trustee or director, Officer
1$0
MARIA STASIOSVICE PRESIDENT
Trustee or director, Officer
1$0
RONALD DEMASSECRETARY
Trustee or director, Officer
1$0
SAMUEL WIERSTEINERTREASURER
Trustee or director, Officer
1$0
PETER ZACKDIRECTOR
Trustee or director
1$0
LIMBERIOS VALLIANOSDIRECTOR
Trustee or director
1$0
CAMERON CALHOUNDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
109 NORTH KERR AVENUE, WILMINGTON, NC 28405-3463
Principal officer (990 for 2024)
EDWARD MAYORGA, 109 NORTH KERR AVENUE, WILMINGTON, NC 28405
Signed the 990
EDWARD MAYORGA, PRESIDENT
Phone
(910) 793-6555
Return prepared by
CLARK SCHAEFER HACKETT & CO

Mission

THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.
    Expenses $465,766 · revenue $506,527

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-1961732
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,634,371
Income (IRS master file)
$514,916

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$514,916$546,489$1,634,371XML
990June 2024$509,517$580,220$1,720,006XML
990June 2023$449,487$532,093$1,795,492XML
990June 2022$437,524$483,926$1,817,063IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1961732).

Questions about AHEPA 408 INC

What is the EIN of AHEPA 408 INC?
The employer identification number (EIN) of AHEPA 408 INC is 56-1961732.
Is AHEPA 408 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to AHEPA 408 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AHEPA 408 INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AHEPA 408 INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AHEPA 408 INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AHEPA 408 INC?
The 990 for the year ended June 30, 2025 names EDWARD MAYORGA.
Who are the officers and directors of AHEPA 408 INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does AHEPA 408 INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $514,916, expenses of $546,489 and total assets of $1,634,371 at year end.

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