2021-04-02T16:04:33-05:00 2020-05-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2019-06-01 911753026 SIGMA KAPPA NATIONAL HOUSING CORP GROUP RETURN SIGM 3173815540 695 PRO MED LANE SUITE 300 CARMEL IN 46032 CASEY KELLER EXECUTIVE DIRECTOR 3173815540 2021-02-17 1 CASSE TATE P01271193 3175802000 2021-02-17 2019 2022-09-23 18:48:47Z CASEY KELLER 695 PRO MED LANE SUITE 300 CARMEL IN 46032 11545582 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 83 100 30647 0 239547 314282 13357085 10926982 23502 10754 0 272726 13620134 11524744 0 0 0 0 859882 823794 0 0 0 11871915 11531842 12731797 12355636 888337 -830892 35581514 39127497 19002667 23518897 16578847 15608600 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 166 0 1 83 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 LA MA IA NV X CASEY KELLER 3173815540 695 PRO-MED LANE SUITE 300 CARMEL IN 46032 CASEY KELLER EXECUTIVE DIRECTOR 20.00 20.00 X 0 91815 9217 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 0 91815 9217 0 0 0 0 COLLEGE CHEFS 411 E PARK ST 100 CHAMPAIGN IL 61820 FOOD SERVICES 1691740 CAMPUS COOKS LLC 1301 S WOLF RD 401 PROSPECT HEIGHTS IL 60070 FOOD SERVICES 239809 RAEGAN FORD INTERIOR DESIGN 8910 E RAINTREE DR SUITE 200 SCOTTSDALE AZ 85260 INTERIOR DESIGN SERVICES 221317 SENIOR CLASS FOOD SERVICE 7225 NORTH ORACLE ROAD TUCSON AZ 85704 FOOD SERVICES 186443 GILL GRILLING COMPANY LLC PO BOX 4448 CROFTON MD 21114 FOOD SERVICES 186441 6 314282 314282 HOUSE CORPORATION PROGRAM FEES 721310 10926982 10926982 10926982 30647 30647 945 20838 -19893 -19893 -19893 CANCELATION OF DEBT 721310 272726 272726 272726 11524744 11199708 30647 -19893 X 809299 14495 8451 7712 3745671 84008 3565023 23898 857863 1729854 174546 PARTICIPANT FEES PAID T 462065 BILL PROCESSING FEE 461043 BAD DEBT EXPENSE 267778 MEALS 60186 83744 12355636 110953 110051 739133 612598 223501 65564 46261348 15512729 26827328 30748619 7680599 7590665 35581514 39127497 454414 1036664 73059 180255 8750422 8541478 9724772 13760500 19002667 23518897 X 16578847 15608600 16578847 15608600 35581514 39127497 X -830892 -139355 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1641959 1641959 30088612 10375993 19712619 1450126 820374 629752 13080651 4316362 8764289 30748619 VENDOR DEPOSITS 411555 FUNDS HELD BY RELATED PARTY 7179110 7590665 DEPOSITS 421013 LOANS PAYABLE TO AFFILIATE 13339487 13760500 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 2020 AND 2019. 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, 2017. X 1 PENNINGTON & COMPANY 501 GATEWAY DRIVE SUITE A LAWRENCE KS 66049 FUNDRAISER 0 151460 88926 62534 151460 88926 62534 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM. THE PREPARED FORM 990 IS REVIEWED INTERNALLY BY THE CONTROLLER AND EXECUTIVE DIRECTOR. FORM 990 IS FORMALLY REVIEWED BY THE VICE PRESIDENT OF FINANCE, THEN PRESENTED TO AND APPROVED BY THE BOARD OF DIRECTORS 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 3,745,671. FORM 990, PART XI, LINE 9: RECLASSIFICATION OF CLOSED CHAPTER FUNDS LIABILITY -139,355. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE OVERSIGHT FROM THE PRIOR YEAR WITHIN THE ORGANIZATION. 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. FORM 990, SCHEDULE R, PART V ECONOMIC CIRCUMSTANCES, PRIMARILY DUE TO THE COVID 19 PANDEMIC, NECESSITATED A ONE-TIME DEBT REDUCTION ON OUTSTANDING LOANS FROM SIGMA KAPPA NATIONAL HOUSING CORPORATION (35-1913455) TO INDIVIDUAL HOUSING CORPORATIONS FILED WITHIN THE THE HOUSING GROUP RETURN IN THE AMOUNT OF $727,726. THE REDUCTION WAS MADE TO ASSIST WITH DEBT SERVICE PAYMENTS DUE TO DECREASED RENT RECEIVED FROM STUDENTS PAYABLE TO THE INDIVIDUAL HOUSING CORPORATIONS. SIGMA KAPPA NATIONAL HOUSING CORPORATIN 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 7179110 FMV SIGMA KAPPA NATIONAL HOUSING CORPORATION E 13339487 FMV SIGMA KAPPA NATIONAL HOUSING CORPORATION M 468796 FMV SIGMA KAPPA NATIONAL HOUSING CORPORATION R 594079 FMV