Mission
THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
Public Charity
AHEPA 232 PHASE II INC
AHEPA 232 PHASE II INC is a Public Charity headquartered in INDIANAPOLIS, IN. Financial data from the 2025 filing: $609K revenue, $622K expenses, $1.7M total assets.
EIN: 351635762
INDIANAPOLIS, IN
Housing & Shelter N.E.C.
NTEE: L99
Latest filing: 2025
Total Revenue$609K
Total Expenses$622K
Total Assets$1.7M
Grant Records0
Filing Years2020–2025
Where $100 goes at Ahepa 232 Phase II Inc
How Ahepa 232 Phase II Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$89
Programs
the work itself
$11
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $89 for programs
$89
Provide housing to low income individuals
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
SECRETARY
Andrew Spirrison
DIRECTOR
Angela Magrames
PRESIDENT
Angelo Kostarides
VICE PRESIDENT
Angelo Zarvas
TREASURER
Irene Doney
DIRECTOR
Nick Spirrison
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $609K | $622K | $1.7M |
| 2024 | $589K | $597K | $1.7M |
| 2023 | $556K | $579K | $1.8M |
| 2021 | $532K | $573K | $1.9M |
| 2020 | $527K | $542K | $2.0M |
Between 2020 and 2025, reported annual revenue grew from $527K to $609K (+15%), with total assets most recently reported at $1.7M.
Interactive year-over-year charts and full filing details available with membership.