SIGMA KAPPA NATIONAL HOUSING CORPORATION: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: SIGMA KAPPA NATIONAL HOUSING CORPORATION (EIN 35-1913455)
Tax period: 2009-06-01 to 2010-05-31
Filed: 2011-04-18
IRS object ID: 201141089349300809
Schema version: 2009v1.7
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-04-18T15:00:37-04:00	Timestamp
Tax Period End Date	2010-05-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BKD LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	201 N Illinois Street	AddressLine1
City	Indianapolis	City
State	IN	State
ZIP Code	46204	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2009-06-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	351913455	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SIGMA KAPPA NATIONAL HOUSING CORPORATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SIGM	NameControl
Phone	3178723275	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8733 Founders Road	AddressLine1
City	Indianapolis	City
State	IN	State
ZIP Code	46268	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	KaAnne Morris	Name
Title	Exective Director	Title
Phone	3178723275	Phone
Date Signed	2011-04-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Joyce Dulworth	Name
Phone	3173834000	Phone

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	KAANNE MORRIS EXECUTIVE DIR	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	8733 Founders Road	AddressLine1
City	Indianapolis	City
State	IN	State
ZIP Code	46268	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	9307857	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1993	YearFormation
State Legal Domicile	IN	StateLegalDomicile
Activity Or Mission Description	TO FOSTER SAFE AND ATTRACTIVE ACCOMMODATIONS FOR SIGMA KAPPA UNDERGRADUATE MEMBERS BY PROVIDING SUPPORT AND DIRECTION TO HOUSE CORPORATIONS, DECORATING, AND PROPERTY COMMITTEES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	6	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	6	NbrIndependentVotingMembers
Total Nbr Employees	7	TotalNbrEmployees
Total Nbr Volunteers	25	TotalNbrVolunteers
Total Gross UBI	181530	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	17696	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	5272166	ProgramServiceRevenuePriorYear
Program Service Revenue CY	5383044	ProgramServiceRevenueCY
Investment Income Prior Year	1591091	InvestmentIncomePriorYear
Investment Income Current Year	167532	InvestmentIncomeCurrentYear
Other Revenue Prior Year	26343	OtherRevenuePriorYear
Other Revenue Current Year	38871	OtherRevenueCurrentYear
Total Revenue Prior Year	6907296	TotalRevenuePriorYear
Total Revenue Current Year	5589447	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	278515	SalariesEtcPriorYear
Salaries Etc Current Year	287607	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	11975	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	13941	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	4695654	OtherExpensePriorYear
Other Expenses Current Year	4562685	OtherExpensesCurrentYear
Total Expenses Prior Year	4986144	TotalExpensesPriorYear
Total Expenses Current Year	4864233	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1921152	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	725214	RevenuesLessExpensesCY
Total Assets BOY	22025716	TotalAssetsBOY
Total Assets EOY	23688806	TotalAssetsEOY
Total Liabilities BOY	3443708	TotalLiabilitiesBOY
Total Liabilities EOY	3483174	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	18582008	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	20205632	NetAssetsOrFundBalancesEOY
Mission Description	THE MISSION OF THE SIGMA KAPPA NATIONAL HOUSING CORPORATION IS TO FOSTER SAFE AND ATTRACTIVE ACCOMMODATIONS FOR SIGMA KAPPA UNDERGRADUATE MEMBERS BY PROVIDING SUPPORT AND DIRECTION TO HOUSE CORPORATIONS, DECORATING, AND PROPERTY COMMITTEES IN THE MANAGEMENT OF THEIR PROPERTIES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	THE PROVISION OF ADMINISTRATIVE SERVICES AND SOCIAL SERVICES FOR 34 ACTIVE LOCAL HOUSE CORPORATIONS AND 5 PROPERTY COMMITTEES AS OF MAY 31, 2010.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	124	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	7	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Initiation Fees	$0	InitiationFeesAmount
Gross Receipts	$0	GrossReceiptsAmount
Nbr Voting Governing Body Members	6	NbrVotingGoverningBodyMembers
Number Independent Voting Members	6	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	true	LocalChapters
Policies Reference Chapters	true	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	IN	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	KAANNE MORRIS	NamePerson
Telephone Number	3173815540	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	8733 FOUNDERS ROAD	AddressLine1
City	INDIANAPOLIS	City
State	IN	State
ZIP Code	46268	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
SHEILA BARNES
PRESIDENT	20.0	X	X	0	0	0
CINDY LAGREE
SECRETARY/TREASURER	20.0	X	X	0	0	0
MARY ANN LATTIMORE
VICE PRESIDENT	20.0	X	X	0	0	0
JENNIFER PAINTER
VICE PRESIDENT	20.0	X	X	0	0	0
LISA HUMENIK
VICE PRESIDENT	20.0	X	X	0	0	0
CHERI DEJONG
SIGMA KAPPA NATIONAL COUNCIL	20.0	X	X	0	0	0
KAANNE MORRIS
EXECUTIVE DIRECTOR	40.0		X	76758	0	6854

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	76758	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	6854	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Field	Value	IRS element (for citing)
Name Person	Gill Grilling	NamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2007 Valley Road	AddressLine1
City	ANNAPOLIS	City
State	MD	State
ZIP Code	21401	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	catering	DescriptionOfServices
Compensation	100157	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
HOUSE CORPORATION PROGRAM REVENUE	721310	5367923	5367923
INTEREST ON LOANS TO HOUSE CORP	721310	15121	15121

Field	Value	IRS element (for citing)
Total Program Service Revenue	5383044	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	169454	TotalRevenueColumn
Unrelated Business Revenue	169454	UnrelatedBusinessRevenue

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	86497	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	72499	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	13998	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	13998	TotalRevenueColumn
Unrelated Business Revenue	13998	UnrelatedBusinessRevenue

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	3643989	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	3642309	Securities
Other	3602	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	1680	Securities
Other	-3602	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-1922	TotalRevenueColumn
Unrelated Business Revenue	-1922	UnrelatedBusinessRevenue

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISC INCOME	Description
Business Code	721310	BusinessCode
Total Revenue Column	24873	TotalRevenueColumn
Related Or Exempt Function Income	24873	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	24873	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	5589447	TotalRevenueColumn
Related Or Exempt Function Income	5407917	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	181530	UnrelatedBusinessRevenue

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	83612	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	176755	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	11064	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	16176	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	7885	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	56448	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	13941	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	227354	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	499281	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2097719	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	58	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	17827	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	640886	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	127660	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
MEALS	694543
BAD DEBT EXPENSE	112456
TRAINING AND SUPPORT	66437
ADMINSTRATIVE EXPENSES	1743
BOARD EXPENSE	11938

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	450	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	4864233	Total

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	4241	BOY
EOY	8106	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	5259719	BOY
EOY	4515150	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	286798	BOY
EOY	223681	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	358518	BOY
EOY	306637	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	291249	BOY
EOY	328754	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	18539901	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	7521828	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	11180590	BOY
EOY	11018073	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	4380001	BOY
EOY	7023805	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	264600	BOY
EOY	264600	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	22025716	BOY
EOY	23688806	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	193981	BOY
EOY	183679	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	1226890	BOY
EOY	1186420	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	2022837	BOY
EOY	2113075	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	3443708	BOY
EOY	3483174	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	18582008	BOY
EOY	20205632	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	18582008	BOY
EOY	20205632	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	22025716	BOY
EOY	23688806	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	false	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	1702053	OtherCostOrOtherBasis
Book Value	1702053	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	13747761	OtherCostOrOtherBasis
Depreciation	6151298	Depreciation
Book Value	7596463	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	2973236	OtherCostOrOtherBasis
Depreciation	1370530	Depreciation
Book Value	1602706	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	116851	OtherCostOrOtherBasis
Book Value	116851	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	11018073	TotalOfBookValueLandBuildings
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
FEES HELD FOR PARTICIPANTS	$1,729,867
DEPOSITS	$383,208

Field	Value	IRS element (for citing)
Total Of Amounts	2113075	TotalOfAmounts
Total Revenue	5589447	TotalRevenue
Total Expenses	4864233	TotalExpenses
Excess Or Deficit For Year	725214	ExcessOrDeficitForYear
Net Unrealized GL On Investments	858250	NetUnrealizedGLOnInvestments
Other	$40,160	OtherAmount
Total Adjustments	898410	TotalAdjustments
Excess Or Deficit Per FS	1623624	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	6560356	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	858250	NetUnrealizedGainsInvestments
Other Revenues	112659	OtherRevenues
Revenue Not Rptd F990	970909	RevenueNotRptdF990
Revenue Subtotal	5589447	RevenueSubtotal
Total Revenue Per Form990	5589447	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	4936732	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	72499	OtherExpensesIncluded
Expenses Not Rptd F990	72499	ExpensesNotRptdF990
Expenses Subtotal	4864233	ExpensesSubtotal
Total Expenses Per Form990	4864233	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
FIN 48 DISCLOSURE	PART X	DURING 2010, THE NHC ADOPTED PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD INTERPRETATION NO.48 (FIN 48), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES-AN INTERPRETATION OF FASB STATEMENT NO. 109, WHICH WAS SUBSEQUENTLY INCORPORATED INTO THE FASB ACCOUNTING CODIFICATION (ASC) TOPIC 740, ON JANUARY 1, 2009. THE IMPLEMENTATION OF THIS STANDARD HAD NO SIGNIFICANT IMPACT ON THE NHC'S FINANCIAL STATEMENTS. THE NHC'S TAX YEARS STILL SUBJECT TO EXAMINATION BY TAXING AUTHORITIES ARE YEARS SUBSEQUENT TO 2007.
RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS	SCHEDULE D, PART XII, LINE 2D	TRANSFER TO HOUSING CORP 40,160 RENTAL EXPENSES 72,499 --------- TOTAL 112,659
RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS	SCHEDULE D, PART XIII, LINE 2D	RENTAL EXPENSES 72,499
RECONCILIATION OF CHANGE IN NET ASSETS	SCHEDULE D, PART XI, LINE 8	NET TRANSFERS OF NET ASSETS OF PART. HOUSE CORP 40,160

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
NUMBER OF EMPLOYEES	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.
PROCESS TO REVIEW THE FORM 990	FORM 990, PART VI, QUESTION 11B	THE EXECUTIVE DIRECTOR AND TREASURER DO A DETAILED REVIEW OF THE 990 BEFORE IT IS FILED. AFTER REVIEWING, THE EXECUTIVE DIRECTOR AND TREASURER CREATE A SUMMARY, EMAIL THE RETURN TO EACH BOARD MEMBER, AND ASK FOR QUESTIONS. A CONFERENCE CALL IS HELD IN WHICH THE EXECUTIVE DIRECTOR ANSWERS ANY QUESTIONS RELATED TO THE 990.
PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY	FORM 990, PART VI, QUESTION 12C	AN ANNUAL QUESTIONNAIRE IS COMPLETED AND SIGNED BY THE BOARD AND OFFICERS. THE EXECUTIVE DIRECTOR REVIEWS THE SIGNED COPIES AND DISCUSSES ANY CONFLICTS WITH THE BOARD. A MEMBER WOULD NOT VOTE IF SHE HAD A CONFLICT.
REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION	FORM 990, PART VI, QUESTION 15A	THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPENSATION WAS LAST REVIEWED AND ADJUSTED IN SEPTEMBER 2009. THE PRESIDENT OF THE BOARD OF DIRECTORS CONDUCTS A PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR ANNUALLY AND THIS WAS LAST DONE IN JANUARY 2010.
AVAILABILITY OF GOVERNING DOCUMENTS, COI POLICY, AND FINANCIAL STATEMENTS	FORM 990, PART VI, LINE 19	THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
METHOD USED TO DETERMINE THE VALUE OF AMOUNTS LISTED ON LINE 2	SCHEDULE R, PART V, LINE 2, COLUMN (C)	THE ORGANIZATION USED THE FOLLOWING METHODS TO DETERMINE THE VALUE OF SERVICES, CASH, AND OTHER ASSETS REPORTED ON SCHEDULE R, PART V, LINE 2, COLUMN (C): INTEREST AND MANAGEMENT SERVICE FEES ARE REPORTED USING THE TERMS STATED IN EACH OF THESE AGREEMENTS.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	SIGMA KAPPA NATIONAL HOUSING CORP GROUP	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	8733 FOUNDERS ROAD	AddressLine1
City	INDIANAPOLIS	City
State	IN	State
ZIP Code	46268	ZIPCode

Field	Value	IRS element (for citing)
EIN	911753026	EIN
Primary Activities	HOUSING	PrimaryActivities
Legal Domicile State	IN	LegalDomicileState
Exempt Code Section	501(C)(7)	ExemptCodeSection
Public Charity Status	N/A	PublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	NA	BusinessNameLine1

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	true	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	true	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved
Sigma Kappa National Housing Corp Group
d	5768583
Sigma Kappa National Housing Corp Group
k	183182