2024-04-11T15:33:50-05:00 2023-05-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2022-06-01 911753026 SIGMA KAPPA NATIONAL HOUSING CORP GROUP RETURN SIGM 3173815540 695 PRO MED LANE SUITE 300 CARMEL IN 46032 LISA HUMENIK EXECUTIVE DIRECTOR 3173815540 2024-04-02 1 LISA HUMENIK 999009999 0 CASSE TATE P01271193 3175802000 2024-04-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LISA HUMENIK 695 PRO MED LANE SUITE 300 CARMEL IN 46032 14539443 1 1 5214 X WWW.SIGMAKAPPA.ORG/HOUSING X 1994 IN TO FOSTER SAFE, ATTRACTIVE, AND RELEVANT LIVING AND LEARNING ENVIRONMENTS BY PROVIDING OPERATIONAL SUPPORT, FINANCIAL MANAGEMENT SERVICES, AND FINANCING TO LOCAL HOUSE CORPORATIONS AND FACILITY COMMITTEES. 7 7 39 100 56978 0 247064 160412 13602257 14322053 40189 56978 0 0 13889510 14539443 0 0 0 0 976734 962601 0 0 0 13305589 12804493 14282323 13767094 -392813 772349 43130448 46436142 28396873 30930218 14733575 15505924 X THE MISSION OF THE SIGMA KAPPA NATIONAL HOUSING CORPORATION AND RELATED HOUSING CORPORATIONS IS TO FOSTER SAFE, ATTRACTIVE, AND RELEVANT LIVING AND LEARNING ENVIRONMENTS BY PROVIDING OPERATIONAL SUPPORT, FINANCIAL MANAGEMENT SERVICES, AND FINANCING TO LOCAL HOUSE CORPORATIONS AND FACILITY COMMITTEES. 0 0 PROVIDE SAFE AND ATTRACTIVE HOUSING FOR MEMBERS OF SIGMA KAPPA SORORITY AS THEY ENGAGE IN COLLEGIATE EDUCATIONAL AND SOCIAL PURSUITS AS UNDERGRADUATE STUDENTS. PROVIDE EDUCATION AND TRAINING TO HOUSE EMPLOYEES AND OVER 100 VOLUNTEERS THROUGH ONLINE LEARNING PROGRAMS, CONVENTIONS AND CONFERENCES CONDUCTED MONTHLY AND BIENNIALLY. 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 167 0 1 39 1 1 1 0 0 0 1 1 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AZ CO DE FL GA IL IN KY MD MI MO WV NC OH OK OR PA RI TN TX VA WI CA IA MA AL NV X SHAWN HEAVNER 3173815540 695 PRO-MED LANE SUITE 300 CARMEL IN 46032 SUSAN WILLIS PRESIDENT 5.00 5.00 X X 0 0 0 KACI BELLENIE VP PROGRAMMING 5.00 5.00 X X 0 0 0 ROXANNE EVANS VP HOUSING OPERATIONS 5.00 5.00 X X 0 0 0 EMILY SHEPARD VP COMMUNICATION 5.00 5.00 X X 0 0 0 ANNE-MARIE FONTAINE VP FINANCE 5.00 5.00 X X 0 0 0 MARY ANN LATTIMORE VP PROPERTY MANAGEMENT 5.00 5.00 X X 0 0 0 JENNIFER RAINEY NAT'L CHAPTER VP FINANCE 5.00 5.00 X X 0 0 0 CASEY KELLER EXECUTIVE DIRECTOR 20.00 20.00 X 0 104745 9100 0 104745 9100 0 0 0 0 SENIOR CLASS FOOD SERVICE 7225 NORTH ORACLE ROAD TUCSON AZ 85704 FOOD SERVICES 977620 COLLEGE FRESH 701 DEVONSHIRE DR- C23 CHAMPAIGN IL 61821 FOOD SERVICES 792316 UPPER CRUST FOOD SERVICES LLC 2011 CORONA RD SUITE 203 COLUMBIA MO 65203 FOOD SERVICES 287392 OELICH CONSTRUCTION 275 NW 137TH DRIVE STE A JONESVILLE FL 32669 CONSTRUCTION 188308 COLLEGE CHEFS 411 E PARK ST 100 CHAMPAIGN IL 61820 FOOD SERVICES 185219 9 160412 160412 HOUSE CORPORATION PROGRAM FEES 721310 14322053 14322053 14322053 56978 56978 14539443 14322053 56978 0 X 947443 15158 13776 9694 4188702 341535 3696740 2665 12388 1104214 2153188 207138 PARTICIPANT FEES PAID T 513725 BILL PROCESSING FEE 495909 MEALS 45593 BAD DEBT EXPENSE 19226 13767094 1475218 4114301 570701 828742 24882 16232 54643023 21470786 31981473 33172237 9078174 8304630 43130448 46436142 324830 431875 85926 29029 15121579 15069483 12864538 15399831 28396873 30930218 X 14733575 15505924 14733575 15505924 43130448 46436142 772349 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1641959 1641959 39292086 13921356 25370730 1943974 1002912 941062 11765004 6546518 5218486 33172237 VENDOR DEPOSITS 180229 FUNDS HELD BY RELATED PARTY 8124401 8304630 DEPOSITS 429075 LOANS PAYABLE TO AFFILIATE 10850653 CHECKS WRITTEN IN EXCESS OF CASH 4120103 15399831 X PART X, LINE 2: NHC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNREALTED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE COMBINED FINANCIAL STATEMENTS. THERE WAS NO UNRELATED BUSINESS INCOME TAX EXPENSE FOR THE FISCAL YEARS 2023 AND 2022. NET INVESTMENT IS CONSIDERED UNRELATED BUSINESS INCOME UNLESS SET ASIDE TO BE USED FOR CHARITABLE AND EDUCATIONAL PURPOSES. NHC DESIGNATED THAT ALL NET INVESTMENT INCOME FOR THE YEAR ENDED MAY 31, 2023 AND 2022, BE SET ASIDE AND AVAILABLE. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES RELATED TO NET INVESTMENT AND ROYALTY INCOME. NHC FILES A GROUP INFORMATION TAX RETURN THAT INCLUDES THE PARTICIPANT CORPORATIONS. NHC AND PARTICIPANT CORPORATIONS ARE NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED MAY 31, 2020. MANAGEMENT BELIEVES THAT NHC AND PARTICIPANT CORPORATIONS' INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDANT CPA FIRM AND THEN REVIEWED BY THE DIRECTOR OF FINANCE AND EXECUTIVE DIRECTOR. THE VICE PRESIDENT OF FINANCE FORMALLY REVIEWS THE PREPARED FORM AND THEN PRESENTS IT FOR BOARD APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL QUESTIONNAIRE IS COMPLETED AND SIGNED BY THE BOARD OF DIRECTORS, OFFICERS AND EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR REVIEWS THE SIGNED COPIES AND DISCUSSES ANY CONFLICTS WITH THE BOARD. A MEMBER WITH A CONFLICT WOULD SELF DISCLOSE DURING A DISCUSSION INVOLVING THE CONFLICT AND WOULD RECUSE THEMSELVES FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. ASAE COMPENSATION BENCHMARKING REPORTS ARE USED FOR ASSISTING WITH REVIEWING THE EXECTUTIVE DIRECTORS COMPENSATION NO LESS THAN EVERY FIVE YEARS. COMPENSATION FOR THE NHC EMPLOYEES, FOLLOWING AN ANNUAL REVIEW PROCESS, IS DETERMINED AND APPROVED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES 4,188,702. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE AUDIT OVERSIGHT OR AUDITOR SELECTION PROCESSES FROM THE PRIOR YEAR. FORM 990, PART V, LINE 1A AND PART VII, SECTION B THE FORMS 1096 AND W-3 REPORTED ON PARTS V AND VII ARE AN AGGREGATE OF THE CHAPTERS INCLUDED IN THE GROUP RETURN. THE TOTAL FILED UNDER SIGMA KAPPA NATIONAL HOUSING CORPORATION GROUP (EIN: 91-1753026) IS ZERO. THE 1096 AND W-2 AMOUNTS REPORTED WERE FILED UNDER THE APPLICABLE EINS FOR THE INCLUDED CHAPTERS FOR THE EMPLOYEES AND VENDORS WORKING UNDER EACH SPECIFIC CHAPTER. SIGMA KAPPA NATIONAL HOUSING CORPORATION 695 PRO MED LANE SUITE 300 CARMEL IN 46032 351913455 HOUSING IN 501(C)(7) N/A N/A 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 0 SIGMA KAPPA NATIONAL HOUSING CORPORATION D 8124401 FMV SIGMA KAPPA NATIONAL HOUSING CORPORATION E 10850653 FMV SIGMA KAPPA NATIONAL HOUSING CORPORATION M 823941 FMV SIGMA KAPPA NATIONAL HOUSING CORPORATION R 585976 FMV