2023-04-12T14:24:52-05:00 2022-05-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2021-06-01 911753026 SIGMA KAPPA NATIONAL HOUSING CORP GROUP RETURN SIGM 3173815540 695 PRO MED LANE SUITE 300 CARMEL IN 46032 CASEY KELLER EXECUTIVE DIRECTOR 3173815540 2023-04-11 1 CASEY KELLER 999009999 CASSE TATE P01271193 3175802000 2023-04-06 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CASEY KELLER 695 PRO MED LANE SUITE 300 CARMEL IN 46032 13889990 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 47 100 40019 0 387868 247064 11170404 13602257 41311 40189 0 0 11599583 13889510 0 0 0 0 927032 976734 0 0 0 11154763 13305589 12081795 14282323 -482212 -392813 42264877 43130448 27138489 28396873 15126388 14733575 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 1 147 0 1 47 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 NJ NC OH OK OR PA RI TN TX VA WI CA IA MA AL NV X CASEY KELLER 3173815540 695 PRO-MED LANE SUITE 300 CARMEL IN 46032 SUSAN WILLIS PRESIDENT 5.00 5.00 X X 0 0 0 JULIE NAPPER VP FINANCE 5.00 5.00 X X 0 0 0 SARA HARVEY VP HOUSING OPERATIONS 5.00 5.00 X X 0 0 0 EMILY SHEPARD VP PROGRAMMING 5.00 5.00 X X 0 0 0 ANN-MARIE FONTAINE VP PROPERTY MANAGEMENT 5.00 5.00 X X 0 0 0 ERICA TABANO VP COMMUNICATION 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 98129 3763 0 98129 3763 0 0 0 0 COLLEGE CHEFS 411 E PARK ST 100 CHAMPAIGN IL 61820 FOOD SERVICES 1227191 SENIOR CLASS FOOD SERVICE 7225 NORTH ORACLE ROAD TUCSON AZ 85704 FOOD SERVICES 390883 GILL GRILLING 8321 BALTIMORE AVENUE COLLEGE PARK MD 20740 FOOD SERVICES 388463 CAMPUS COOKS LLC 1400 S WOLF RD SUITE 400 WHEELING IL 60090 FOOD SERVICES 267224 CEDAR SQUARE II 830 N 15TH ST MILWAUKEE WI 53233 PROPERTY MANAGEMENT 159120 5 247064 247064 HOUSE CORPORATION PROGRAM FEES 721310 13602257 13602257 13602257 40019 40019 650 480 170 170 170 13889510 13602427 40019 0 X 965972 10762 32015 13015 4213383 2763 95796 4602012 161 13016 1065910 1953890 239722 BILL PROCESSING FEE 472395 BAD DEBT EXPENSE 472020 PARTICIPANT FEES PAID T 81084 MEALS 36210 12197 14282323 64940 1267405 1475218 716024 570701 36745 24882 20579 51299070 19317597 32674702 31981473 7484482 9078174 42264877 43130448 114333 324830 99123 85926 9458771 15121579 17466262 12864538 27138489 28396873 X 15126388 14733575 15126388 14733575 42264877 43130448 -392813 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1641959 1641959 38342811 12598949 25743862 1455126 891456 563670 9859174 5827192 4031982 31981473 VENDOR DEPOSITS 180229 FUNDS HELD BY RELATED PARTY 8897945 9078174 DEPOSITS 340248 LOANS PAYABLE TO AFFILIATE 11110952 CHECKS WRITTEN IN EXCESS OF CASH 1413338 12864538 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 2022 AND 2021. 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, 2022 AND 2021, BE SET ASIDE AND AVAILABLE FOR THE USES DISCLOSED IN THE AUDITED FINANCIAL STATMENTS. 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, 2019. 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 CONTROLLER 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 4,213,383. 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 8718702 FMV SIGMA KAPPA NATIONAL HOUSING CORPORATION E 10874706 FMV SIGMA KAPPA NATIONAL HOUSING CORPORATION M 722595 FMV SIGMA KAPPA NATIONAL HOUSING CORPORATION R 646545 FMV