AHEPAPENELOPE 35 II INC

EIN: 261587755 501(c)(3) Housing & Shelter

BLOOMINGTON, MN

Total Revenue
$424,994
Total Expenses
$496,618
Total Assets
$2,935,328
Net Assets
$2,862,228
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MN
Principal Officer
PEGGY SPERIDES
Phone
9528841787
Tax Period
2024-07-01 to 2025-06-30

AHEPAPENELOPE 35 II INC, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $425K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $497K exceeded revenue, resulting in a 17% operating deficit.

Mission

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

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $411,925
Investment Income $11,774
Other Revenue $1,295
TOTAL REVENUE $424,994

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $440,269
Other Expenses $496,618
TOTAL EXPENSES $496,618

Year-over-Year Comparison

2024 2023 Change
Revenue $424,994 $372,212 +0.1%
Expenses $496,618 $404,665 +0.2%
Net Income $-71,624 $-32,453 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PEGGY SPERIDES PRESIDENT 1.00
Officer Director
$0 $0 $0
NIKKI BEAUCHAMP VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ANGIE R SPELIOPOULOS SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
TESSIE BOURDAMIS DIRECTOR 1.00
Director
$0 $0 $0
ESME GEROGEORGE DIRECTOR 1.00
Director
$0 $0 $0
JEAN MORRISON DIRECTOR 1.00
Director
$0 $0 $0
JEAN VOGEL DIRECTOR 1.00
Director
$0 $0 $0
KATHY WAHLERS DIRECTOR 1.00
Director
$0 $0 $0
S CHRISTY KARTHAN DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE ECONOMOU DIRECTOR 1.00
Director
$0 $0 $0
ANNA PAULSON DIRECTOR 1.00
Director
$0 $0 $0
ANNETTE LEGROS DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $424,994 $496,618 $2,935,328 $-71,624
2024 $372,212 $404,665 $3,006,370 $-32,453
2023 $353,825 $488,151 $3,032,401 $-134,326
2022 $318,581 $421,439 $3,154,335 $-102,858
2021 $312,112 $392,346 $3,249,367 $-80,234
2020 $285,027 $394,601 $3,353,421 $-109,574
2019 $256,481 $420,271 $3,485,030 $-163,790
2018 $253,945 $382,628 $3,617,748 $-128,683
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