2017-10-11T15:38:39-05:00 2017-05-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 462400857 990 2016-06-01 351913455 SIGMA KAPPA NATIONAL HOUSING CORPORATION SIGM 3143815542 695 PRO MED LANE SUITE 300 CARMEL IN 46032 CASEY KELLER EXECUTIVE DIRECTOR 3173815540 2017-10-10 1 SCOTT A SCHUSTER P00019243 3175802000 2017-10-10 64.132.79.19 2017-10-10 12:23:57 ED P 17581A8BE73A9BD1944B21A2FA788968869BA2DF 32D6E5302DDFCA2548E3AA27DA2866317450AC0D 2016 2021-01-29 14:40:06Z CASEY KELLER 695 PRO MED LANE SUITE 300 CARMEL IN 46032 1055045 0 X HTTP://WWW.SIGMAKAPPAHOUSING.ORG/ X 1993 IN SIGMA KAPPA NATIONAL HOUSING CORPORATION SEEKS TO FOSTER SAFE AND ATTRACTIVE ACCOMMODATIONS FOR SIGMA KAPPA SORORITY UNDERGRADUATE MEMBERS BY PROVIDING ADMINISTRATIVE SUPPORT AND DIRECTION TO THE LOCAL HOUSE CORPORATIONS, DECORATING AND PROPERTY COMMITTEES IN THE MANAGEMENT OF THEIR PROPERTIES. 7 7 7 7 246867 0 0 0 7623579 808178 390854 246867 0 0 8014433 1055045 0 0 0 0 407452 530423 7552 0 0 6309852 570869 6724856 1101292 1289577 -46247 38115293 25543710 9488425 9411082 28626868 16132628 X SIGMA KAPPA NATIONAL HOUSING CORPORATION SEEKS TO FOSTER SAFE AND ATTRACTIVE ACCOMMODATIONS FOR SIGMA KAPPA SORORITY UNDERGRADUATE MEMBERS BY PROVIDING ADMINISTRATIVE SUPPORT AND DIRECTION TO THE LOCAL HOUSE CORPORATIONS, DECORATING AND PROPERTY COMMITTEES IN THE MANAGEMENT OF THEIR PROPERTIES. 0 0 THE NATIONAL HOUSING CORPORATION PROVIDES ADMINISTRATIVE SUPPORT SERVICES - INCLUDING ACCOUNTING, INVESTMENT, AND PROJECT MANAGEMENT SERVICES - ON BEHALF OF AND UNDER AGREEMENT WITH 36 LOCAL HOUSE CORPORATIONS. THESE SERVICES ALLOW THE LOCAL CORPORATIONS TO FOCUS ON PROVIDING A SAFE AND HEALTHY LIVING ENVIRONMENT TO RESIDE IN AND/OR PURSUE THE MEMBERSHIP ACTIVITIES OF SIGMA KAPPA SORORITY. 0 0 0 0 0 0 0 0 0 1 0 1 0 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 X 51 0 1 7 1 1 1 0 0 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 IN X CASEY KELLER 3173815542 695 PRO MED LANE SUITE 300 CARMEL IN 46032 BECKY PATEL SKS VP OF FINANCE 5.00 5.00 X X 0 0 0 ROXANNE EVANS VP OF HOUSING OPERATION 5.00 5.00 X X 0 0 0 EMILY SHEPARD VP OF COMMUNICATIONS 5.00 5.00 X X 0 0 0 JULIE NAPPER VP OF FINANCE 5.00 5.00 X X 0 0 0 SUSAN WILLIS PRESIDENT 5.00 5.00 X X 0 0 0 LISA HUMENICK VP OF PROGRAMMING 5.00 5.00 X X 0 0 0 JACKIE ECKHART VP OF PROPERTY MANAGMENT 5.00 5.00 X X 0 0 0 CASEY KELLER EXECUTIVE DIRECTOR 20.00 20.00 X 83524 0 14839 83524 0 14839 0 0 0 0 BKD LLP 201 N ILLINOIS STREET INDIANAPOLIS IN 46204 TAX AND AUDIT SERVICES 127202 1 PROGRAM REVENUE 721310 573770 573770 INTEREST ON LOANS 721310 234408 234408 808178 237778 237778 9089 0 9089 9089 9089 1055045 808178 246867 0 98363 387706 44354 7416 74420 5346 17649 246550 46979 49158 13562 35286 BANK FEES 30209 TRAINING 23315 BOARD EXPENSE 16321 MISCELLANEOUS 4658 1101292 8637 2897204 5843446 1978341 700676 79978 250386 55556 445389 20951 239492 143536 19022914 95956 11843845 13197253 0 7212458 0 6013 38115293 25543710 825907 110097 5791049 0 2871469 9300985 9488425 9411082 X 28626868 16132628 28626868 16132628 38115293 25543710 X -46247 1092664 -13500882 -39775 X X 0 1 X 1 0 1123 241 882 238369 143295 95074 95956 SET ASIDE LOAN TO LOCAL CHAPTER HOUSING CORPORATIONS 7212458 C 7212458 FEES HELD FOR PARTICIPANTS 2648184 FUNDS HELD FOR RELATED PARTY 6652801 9300985 X PART X, LINE 2: NHC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THERE WAS NO UNRELATED BUSINESS INCOME TAX EXPENSE FOR THE YEARS ENDED MAY 31, 2017 AND 2016. NHC FILES U.S. FEDERAL AND INDIANA INFORMATION TAX RETURNS. NHC IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED MAY 31, 2014. FORM 990, PART V, LINE 2A SIGMA KAPPA HAD 7 EMPLOYEES DURING THE FISCAL YEAR. SIGMA KAPPA UTILIZES A PROFESSIONAL EMPLOYER ORGANIZATION, WHICH FILES THE W-3 ON THEIR BEHALF. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM. 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. 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 XI, LINE 9: TRANSFER OF NET ASSETS TO SIGMA KAPPA SORORITY -39,775. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE OVERSIGHT FROM THE PRIOR YEAR WITHIN THE ORGANIZATION. FORM 990, PART XI, LINE 8 THE ENTITY HAS MADE AN ADJUSTMENT TO PRIOR YEAR NUMBERS. PREVIOUSLY, PROPERTY AND RELATED DEBT WERE REPORTED UNDER SIGMA KAPPA NATIONAL HOUSING CORPORATION EIN 35-191455). THE PROPERTY IS LEGALLY OWNED AND THE DEBT IS OWED BY THE INDIVIDUAL HOUSING CORPORATION ENTITIES THAT FILE A GROUP RETURN UNDER EIN 91-1753026 (GROUP 5214). AS SUCH, THE CORRESPONDING ADJUSTMENTS HAVE BEEN MADE ON BOTH RETURNS BEGINNING WITH THE YEAR ENDED MAY 31, 2017. THE AMOUNT OF ADJUSTMENT IS $13,500,882 AND IS REFLECTED ON PART XI LINE 8. SIGMA KAPPA NATIONAL HOUSING CORP GROUP 695 PRO MED LANE SUITE 300 CARMEL IN 46032 911753026 HOUSING IN 501(C)(7) N/A N/A 0 1 0 0 1 1 0 0 0 0 0 0 1 0 1 1 1 1 0 0 SIGMA KAPPA NATIONAL HOUSING CORP GROUP D 7191734 FMV SIGMA KAPPA NATIONAL HOUSING CORP GROUP E 6652801 FMV SIGMA KAPPA NATIONAL HOUSING CORP GROUP A 234408 FMV