Sigma Kappa Sorority Beta Nu House Corporation
- Assets
- $828.3k
- Revenue
- $245.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Peoria, IL
- Founding
- Data as of
- 05/2024
- EIN
- 51-0241564
Organization Overview
Sigma Kappa Sorority Beta Nu House Corporation is located in Peoria, IL. Sigma Kappa Sorority Beta Nu House Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Sigma Kappa Sorority Beta Nu House Corporation generated $245.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $329.1k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SAFE, ATTRACTIVE, COMPETATIVE HOUSING USING FISCALLY SOUND MANAGEMENT FOLLOWING NATIONAL POLICIES AND PROCEDURES WHILE ENCOURAGING MEMBER COMMUNICATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SAFE, ATTRACTIVE, COMPETATIVE HOUSING USING FISCALLY SOUND MANAGEMENT FOLLOWING NATIONAL POLICIES AND PROCEDURES WHILE ENCOURAGING MEMBER COMMUNICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirsten Lecrone President | OfficerTrustee | 25 | $0 |
Suzanne Jackson Treasurer | OfficerTrustee | 25 | $0 |
Cathy Canterbury Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $242,389 |
| Investment income | $1,470 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $245,909 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $26,617 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,076 |
| Fees for services: Management | $6,028 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,088 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $234,663 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,190 |
| Insurance | $7,400 |
| All other expenses | $0 |
| Total functional expenses | $329,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,498 |
| Savings and temporary cash investments | $66,417 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$5,863 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $531,248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $828,300 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,069 |
| Total liabilities | $16,069 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $812,231 |
| Total liabilities and net assets/fund balances | $828,300 |