Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 36-4496831

SAE FINANCIAL AND HOUSING CORPORATION

Tax-exempt · EVANSTON, IL 60201

Financials

$3.2M$4M2022$3.4M$4.2M2023$4.5M$5.1M2024
Revenue Expenses · by fiscal year end
Financials of SAE FINANCIAL AND HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,500,302$5,078,089-$577,787$23,221,773$13,555,480$9,666,293
June 30, 2024990$3,409,292$4,156,749-$747,457$23,814,851$13,674,085$10,140,766
June 30, 2023990$3,170,279$4,019,344-$849,065$25,298,292$14,502,202$10,796,090
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$104,619
Program service revenue
$4,158,391
Investment income
$18,142
Net rental income
-$11,727
Other revenue
$219,150

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$19,251
Accounting fees
$58,848
Occupancy
$1,294,959
Travel
$148,150
Depreciation
$1,240,491
Program services (functional)
$4,553,296
Management and general (functional)
$524,793

Balance sheet and other

Total assets, start of year
$23,814,851
Total assets, end of year
$23,221,773
Total liabilities, end of year
$13,555,480
Net assets, end of year
$9,666,293
Land, buildings and equipment
$21,061,449
Publicly traded securities
$995,138
Net assets without donor restrictions
$9,666,293
Gross unrelated business income
$6,415
Gross receipts
$4,637,229
Employees
0
Volunteers
150
Year formed
2002
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Greg SomersCEO
Officer
40$0$162,514$24,182
Juan FariaSr Director of Finance
Officer
14$0$89,792$8,612
Lance DeNardinPresident
Trustee or director
10$0$0$0
Rex CarlsonVice President
Trustee or director
2$0$0$0
Larry JonesVice President
Trustee or director
2$0$0$0
Richard LiesTreasurer
Trustee or director
2$0$0$0
William McCannSecretary
Trustee or director
2$0$0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
GREG SOMERSCEO
Officer
40$0$167,815$22,588
JUAN FARIACONTROLLER
Officer
40$0$85,688$8,365
LANCE DENARDINPRESIDENT
Trustee or director
10$0$0$0
REX CARLSONVICE PRESIDE
Trustee or director
2$0$0$0
LARRY JONESVICE PRESIDE
Trustee or director
2$0$0$0
RICHARD LIESTREASURER
Trustee or director
2$0$0$0
WILLIAM MCCANNSECRETARY
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
GREG SOMERSCEO
Officer
40$0$154,316$21,284
JUAN FARIACONTROLLER
Officer
40$0$82,363$7,961
LARRY JONESPRESIDENT
Trustee or director
10$0$0$0
REX CARLSONVICE PRESIDE
Trustee or director
2$0$0$0
LANCE DENARDINVICE PRESIDE
Trustee or director
2$0$0$0
RICHARD LIESTREASURER
Trustee or director
2$0$0$0
WILLIAM MCCANNSECRETARY
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
1856 SHERIDAN RD, EVANSTON, IL 60201-3837
Principal officer (990 for 2024)
Greg Somers, 1856 Sheridan Road, Evanston, IL 602013837
Signed the 990
Juan Faria, Controller
Phone
(847) 475-1856
Return prepared by
ATA Advisory LLC

Mission

To build strong chapters through great housing; promote safe, competitive and affordable fraternity housing through property management resources and services; support local house corporations to become financially sound and its volunteers well trained.

990 for the year ended June 30, 2025

Program accomplishments

  • To build strong chapters through great housing; promote safe, competitive and affordable fraternity housing through property management resources and services; support local house corporations to become financially sound and its volunteers well trained.
    Expenses $4,553,296

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
36-4496831
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2002
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B128)
Group exemption
5312 (13 member organizations)
Assets (IRS master file)
$23,221,773
Income (IRS master file)
$4,637,229

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,500,302$5,078,089$23,221,773IRS
990June 2024$3,409,292$4,156,749$23,814,851IRS
990June 2023$3,170,279$4,019,344$25,298,292XML
990June 2022$5,160,139$3,793,348$25,901,463IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-4496831).

Questions about SAE FINANCIAL AND HOUSING CORPORATION

What is the EIN of SAE FINANCIAL AND HOUSING CORPORATION?
The employer identification number (EIN) of SAE FINANCIAL AND HOUSING CORPORATION is 36-4496831.
Is SAE FINANCIAL AND HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2002.
Are donations to SAE FINANCIAL AND HOUSING CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SAE FINANCIAL AND HOUSING CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SAE FINANCIAL AND HOUSING CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAE FINANCIAL AND HOUSING CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SAE FINANCIAL AND HOUSING CORPORATION?
The 990 for the year ended June 30, 2025 names Greg Somers.
Who are the officers and directors of SAE FINANCIAL AND HOUSING CORPORATION?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does SAE FINANCIAL AND HOUSING CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,500,302, expenses of $5,078,089 and total assets of $23,221,773 at year end.

Organizations in its group exemption (13)

Other nonprofits in EVANSTON

All nonprofits in EVANSTON · Illinois · Education