SIGMA NU IOTA KAPPA CHAPTER HOUSING CORPORATION

EIN: 237384355

SAN JOSE, CA

Total Revenue
$140,057
Total Expenses
$2,221
Total Assets
$202,214
Net Assets
$200,614
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CA
Principal Officer
MICHAEL NIVEN
Phone
2092987628
Tax Period
2023-01-01 to 2023-12-31

SIGMA NU IOTA KAPPA CHAPTER HOUSING CORPORATION, founded in 2003, is a small nonprofit that reported $140K in total revenue in fiscal year 2023. The organization ran a surplus of $138K, a strong 98% operating margin.

Mission

PROVIDE HOUSING FOR THE IOTA KAPPA ACTIVE CHAPTER OF SIGMA NU INCLUDING EQUIPPING, MAINTAINING, AND MANAGING THE CHAPTER HOUSE, FACILITY, AND ACCOMMODATIONS.

Program Service Accomplishments

Program 1

PROVIDE HOUSING FOR THE IOTA KAPPA ACTIVE CHAPTER OF SIGMA NU INCLUDING EQUIPPING, MAINTAINING, AND MANAGING THE CHAPTER HOUSE, FACILITY, AND ACCOMMODATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $140,057
Other Revenue $0
TOTAL REVENUE $140,057

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $2,221
TOTAL EXPENSES $2,221

Year-over-Year Comparison

2023 2022 Change
Revenue $140,057 N/A N/A
Expenses $2,221 N/A N/A
Net Income $137,836 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
N/A
Employees
N/A
Volunteers
16

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES CHAPMAN TREASURER 2.00
Officer
$0 $0 $0
CHRIS HALL SECRETARY 2.00
Officer
$0 $0 $0
GEORGE KININMONTH LEUTENANT CO 15.00
Officer
$0 $0 $0
MICHAEL NIVEN PRESIDENT 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $140,057 $2,221 $202,214 $137,836
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