Civic Intelligence

Sigma Phi Epsilon Fraternity Inc

990 • Fiscal year 2022 • EIN 54-0379370

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 11, 2023

310 S Arthur Ashe BoulevardRichmond, VA 23223

(804) 353-1901

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.56x

Higher debt load relative to assets than 79% of similar nonprofits.

2022 filings • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

2.94x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • $50M-$100M nonprofits • Source year 2022

Net Margin

66th percentile

16%

Higher net margin than 66% of similar nonprofits.

2022 filings • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$307,238

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2022 filings • $50M-$100M nonprofits • Source year 2022

Asset Growth

4th percentile

-23%

Faster asset growth than 4% of similar nonprofits.

2022 filings • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

82nd percentile

30%

Faster revenue growth than 82% of similar nonprofits.

2022 filings • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Down

$54,140,029

Down $16,144,136 (-23%) from 2021

Net Assets

Up

$23,940,699

Up $1,152,170 (+5.1%) from 2021

Liabilities

Down

$30,199,330

Down $17,296,306 (-36%) from 2021

Revenue

Up

$10,282,777

Up $2,388,333 (+30%) from 2021

Expenses

Up

$8,618,426

Up $645,409 (+8.1%) from 2021

Net Income

Up

$1,664,351

Up $1,742,924 (+2218%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2011: $46,900,100Liabilities 2011: $32,860,635Net Assets 2011: $14,039,4652011Assets 2012: $46,475,660Liabilities 2012: $32,191,376Net Assets 2012: $14,284,2842012Assets 2013: $50,015,840Liabilities 2013: $33,870,420Net Assets 2013: $16,145,4202013Assets 2014: $52,005,245Liabilities 2014: $34,864,658Net Assets 2014: $17,140,5872014Assets 2015: $54,576,336Liabilities 2015: $35,844,842Net Assets 2015: $18,731,4942015Assets 2016: $52,182,929Liabilities 2016: $33,098,646Net Assets 2016: $19,084,2832016Assets 2017: $59,897,674Liabilities 2017: $39,254,581Net Assets 2017: $20,643,0932017Assets 2018: $71,490,605Liabilities 2018: $47,678,263Net Assets 2018: $23,812,3422018Assets 2019: $67,920,353Liabilities 2019: $45,266,141Net Assets 2019: $22,654,2122019Assets 2020: $62,963,111Liabilities 2020: $42,062,154Net Assets 2020: $20,900,9572020Assets 2021: $70,284,165Liabilities 2021: $47,495,636Net Assets 2021: $22,788,5292021Assets 2022: $54,140,029Liabilities 2022: $30,199,330Net Assets 2022: $23,940,6992022Assets 2023: $53,603,548Liabilities 2023: $28,572,138Net Assets 2023: $25,031,4102023Assets 2024: $56,920,689Liabilities 2024: $31,446,324Net Assets 2024: $25,474,3652024

Highlighted filing

2022

Assets$54,140,029
Liabilities$30,199,330
Net Assets$23,940,699

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $10,914,518Expenses 2011: $9,487,642Net Income 2011: $1,426,8762011Revenue 2012: $10,915,183Expenses 2012: $10,209,192Net Income 2012: $705,9912012Revenue 2013: $11,137,216Expenses 2013: $9,562,562Net Income 2013: $1,574,6542013Revenue 2014: $9,700,010Expenses 2014: $9,017,581Net Income 2014: $682,4292014Revenue 2015: $11,193,403Expenses 2015: $9,904,110Net Income 2015: $1,289,2932015Revenue 2016: $10,621,383Expenses 2016: $10,485,273Net Income 2016: $136,1102016Revenue 2017: $9,088,966Expenses 2017: $8,444,006Net Income 2017: $644,9602017Revenue 2018: $10,122,836Expenses 2018: $10,038,585Net Income 2018: $84,2512018Revenue 2019: $10,954,461Expenses 2019: $12,124,231Net Income 2019: -$1,169,7702019Revenue 2020: $10,480,875Expenses 2020: $12,200,331Net Income 2020: -$1,719,4562020Revenue 2021: $7,894,444Expenses 2021: $7,973,017Net Income 2021: -$78,5732021Revenue 2022: $10,282,777Expenses 2022: $8,618,426Net Income 2022: $1,664,3512022Revenue 2023: $8,347,156Expenses 2023: $7,575,901Net Income 2023: $771,2552023Revenue 2024: $7,235,237Expenses 2024: $7,362,010Net Income 2024: -$126,7732024

Highlighted filing

2022

Revenue$10,282,777
Expenses$8,618,426
Net Income$1,664,351
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 11, 2023
Return Version
2021v4.2
Gross Receipts
$13,804,025
Mission and Program Overview

Mission

Sigep's mission is building balanced leaders for the world's communitites. Sigep is redefining the undergraduate fraternity experience with innovative programs that eliminate pledging and substances in fraternity homes, focuses resources on the personal and professional development of its members.

Building balanced leaders for he world's communities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,080,432$22,217,375▼ $863,057
Other Notes and Loans Receivable, Net$13,988,825$16,128,279▲ $2,139,454
Cash and Non-Interest-Bearing Accounts$6,805,301$7,461,234▲ $655,933
Investments in Publicly Traded Securities$22,616,555$6,629,066▼ $15,987,489
Accounts Receivable$847,019$682,444▼ $164,575
Prepaid Expenses and Deferred Charges$436,723$569,671▲ $132,948
Inventories for Sale or Use$36,250$72,557▲ $36,307
Intangible Assets$5,585$5,585→ $0
Total Assets$70,284,165$54,140,029▼ $16,144,136
Other Assets Total$2,467,475$373,818▼ $2,093,657
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,985,823$21,421,741▲ $1,435,918
Other Liabilities$25,700,536$6,954,108▼ $18,746,428
Deferred Revenue$1,118,785$1,248,002▲ $129,217
Accounts Payable and Accrued Expenses$690,492$575,479▼ $115,013
Total Liabilities$47,495,636$30,199,330▼ $17,296,306
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$22,788,529$23,940,699▲ $1,152,170
Total Net Assets Fund Balance$22,788,529$23,940,699▲ $1,152,170
Total Liabilities and Net Assets / Fund Balance$70,284,165$54,140,029▼ $16,144,136

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,032,017$9,976,649$30,008,666
Land$2,130,321-$2,130,321
Equipment$54,787$968,650$1,023,437
Other Land Buildings$250$417,795$418,045
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brian C Warren JrChief Executive OfficerFT$307,238$307,238

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$206,569
Program Service Revenue
$6,625,108
Investment Income
$1,017
Other Revenue
$3,450,083
All Other Contributions
$206,569
Change in Net Assets
$1,664,351
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,207,873
Salaries, Compensation, and Employee Benefits$2,410,553
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,738,728
Interest---$936,949
Fees for Services Other---$802,125
Occupancy---$788,721
Travel---$404,229
Current Officers, Directors, Trustees, and Key Employees---$277,801
All Other Expenses---$257,160
Other Employee Benefits---$230,880
Other Expenses---$193,488
Payroll Taxes---$163,144
Fees for Services Lobbying---$58,433
Fees for Services Accounting---$33,783
Fees for Services Legal---$20,693
Advertising---$14,422
Information Technology---$3,864
Total Functional Expenses$0$0$0$8,618,426
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Equity Management Funds$2,811,329
Funds Held for Chapters$2,090,391
Self-insurance Reserve$1,726,342
Due to Affiliates$326,046
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization elects members to the board every two years at conclave to replace board members whose terms have expired.

Form 990, Part VI, Section A, Line 7A

The organization's members elect directors to the board every two years at conclave for directors whose terms have expired. Each chapter has a voting member, each district governor gets a vote and each board member gets a vote.

Form 990, Part VI, Section A, Line 7B

Any changes to the bylaws must be approved by the voting delegates of the membership at conclave.

Form 990, Part VI, Section B, Line 11B

A copy of the 990 is provided to the grand treasurer and chief executive officer of the fraternity for review before the tax return is filed. The 990 is available for public inspection on guidestar.

Form 990, Part VI, Section B, Line 12C

The fraternity requires all employees and directors to sign a conflict of interest document annually. Whenever a conflict arises, the person of interest must disclose the conflict to the fraternity immediately. In case of a potential conflict, that person will recuse himself/herself from all discussion and/or vote.

Form 990, Part VI, Section B, Line 15

Compensation for the executive director is reviewed by a third party consulting firm with the use of a compensation study and other studies. The compensation is compared to the form 990 of other fraternity organizations. Once the compensation is determined, a written employment contract is written and the compensation is approved by the board of directors.

Form 990, Part VI, Section C, Line 19

Governing documents are avilable upon request.

Filing and Contact Details

Filer

Filer Name
Sigma Phi Epsilon Fraternity
EIN
54-0379370
Phone
8043531901
Address
310 S ARTHUR ASHE BOULEVARD, RICHMOND, VA 23223

Signing Officer

Name
Brian Warren
Title
Chief Executive Officer
Phone
8043531901
Signed
2023-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian C Warren Jr
Formed
1902
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
67
Volunteers
2,829

Preparer

Firm
Keiter Stephens Hurst Gary & Shreaves
Address
4401 DOMINION BLVD, GLEN ALLEN, VA 23060
Preparer
Virginia R Belcher
Phone
8047470000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Sigep is exempt from federal and state income taxes as a nonprofit organization under section 501(c)(7) of the internal revenue code ("irc") and the tax statutes of the commonwealth of virginia. Income from certain activities not directly related to the fraternity's tax-exempt purposes, principally earnings from investments, is subject to income tax. Senh is a single-member limited liability company that is disregarded as a separate entity for tax purposes. The activity of senh is reported on the tax return of sigep. The sigep lead fund and the sigma phi epsilon educational foundation are part of the fraternity and are exempt entities under section 501(c)(3) of the irc. The fraternity has determined that it does not have any material unrecognized tax benefits or obligations as of june 30, 2022 and 2021.

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IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt022616555
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06629066
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011363094
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023080432
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022217375
IRS990/LandBldgEquipCostOrOtherBssAmt033580469
IRS990/LegalDomicileStateCd0VA
IRS990/LessRentalExpensesGrp/RealAmt03521248
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SIGEP'S MISSION IS BUILDING BALANCED LEADERS FOR THE WORLD'S COMMUNITITES. SIGEP IS REDEFINING THE UNDERGRADUATE FRATERNITY EXPERIENCE WITH INNOVATIVE PROGRAMS THAT ELIMINATE PLEDGING AND SUBSTANCES IN FRATERNITY HOMES, FOCUSES RESOURCES ON THE PERSONAL AND PROFESSIONAL DEVELOPMENT OF ITS MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt019985823
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt021421741
IRS990/NetAssetsOrFundBalancesBOYAmt022788529
IRS990/NetAssetsOrFundBalancesEOYAmt023940699
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0763904
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0763904
IRS990/NetUnrelatedBusTxblIncmAmt0172870
IRS990/NetUnrlzdGainsLossesInvstAmt0-512181
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt022788529
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023940699
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0788721
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02467475
IRS990/OtherAssetsTotalGrp/EOYAmt0373818
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0230880
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1SHARED SERVICES
IRS990/OtherExpensesGrp/Desc2DIRECT RISK MANAGEMENT
IRS990/OtherExpensesGrp/Desc3SHARED SERVICE FEE
IRS990/OtherExpensesGrp/TotalAmt0229668
IRS990/OtherExpensesGrp/TotalAmt11288734
IRS990/OtherExpensesGrp/TotalAmt21175604
IRS990/OtherExpensesGrp/TotalAmt3193488
IRS990/OtherLiabilitiesGrp/BOYAmt025700536
IRS990/OtherLiabilitiesGrp/EOYAmt06954108
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1511120
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1JOURNAL SUBSCRIPTION AND ADVERTIS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02510707
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02510707
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13000
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt03000
IRS990/OtherRevenueTotalAmt02513707
IRS990/OtherSalariesAndWagesGrp/TotalAmt01738728
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt013988825
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt016128279
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0163144
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0436723
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0569671
IRS990/PrincipalOfficerNm0BRIAN C WARREN JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP/ANNUAL DUES
IRS990/ProgramServiceRevenueGrp/Desc1INTEREST ON CHAPTER LOANS
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc3HOUSING LOAN FUND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05140643
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1743066
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2474499
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3266900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05140643
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1743066
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2474499
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3266900
IRS990/ProgSrvcAccomActy2Grp/Desc0UNDER THE SINGLE MEMBER LLC, SENH PROVIDES LOANS, INCLUDING COLLECTING INTEREST, TO ALUMNI VOLUNTEER CORPORATIONS FOR HOUSES THAT OUR LOCAL CHAPTERS LIVE IN. IN ADDITION, PROVIDE MANAGEMENT FOR 11 CHAPTER HOUSES, INCLUDING COLLECTING RENTS AND PAYING EXPENSES FOR EACH OF THESE HOUSES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0226793
IRS990/PYGrantsAndSimilarPaidAmt05000
IRS990/PYInvestmentIncomeAmt0750
IRS990/PYOtherExpensesAmt05931429
IRS990/PYOtherRevenueAmt01488068
IRS990/PYProgramServiceRevenueAmt06178833
IRS990/PYRevenuesLessExpensesAmt0-78573
IRS990/PYSalariesCompEmpBnftPaidAmt02036588
IRS990/PYTotalExpensesAmt07973017
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07894444
IRS990/ReconcilationRevenueExpnssAmt01664351
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0763904
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0172472
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0172472
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt020032017
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09976649
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt030008666
IRS990ScheduleD/EquipmentGrp/BookValueAmt054787
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0968650
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01023437
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02130321
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02130321
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0250
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0417795
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0418045
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01726342
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12811329
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22090391
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3326046
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SELF-INSURANCE RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EQUITY MANAGEMENT FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2FUNDS HELD FOR CHAPTERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO AFFILIATES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SIGEP IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE ("IRC") AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FRATERNITY'S TAX-EXEMPT PURPOSES, PRINCIPALLY EARNINGS FROM INVESTMENTS, IS SUBJECT TO INCOME TAX. SENH IS A SINGLE-MEMBER LIMITED LIABILITY COMPANY THAT IS DISREGARDED AS A SEPARATE ENTITY FOR TAX PURPOSES. THE ACTIVITY OF SENH IS REPORTED ON THE TAX RETURN OF SIGEP. THE SIGEP LEAD FUND AND THE SIGMA PHI EPSILON EDUCATIONAL FOUNDATION ARE PART OF THE FRATERNITY AND ARE EXEMPT ENTITIES UNDER SECTION 501(C)(3) OF THE IRC. THE FRATERNITY HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2022 AND 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022217375
IRS990ScheduleD/TotalLiabilityAmt06954108
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0307238
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRIAN C WARREN JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0307238
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ELECTS MEMBERS TO THE BOARD EVERY TWO YEARS AT CONCLAVE TO REPLACE BOARD MEMBERS WHOSE TERMS HAVE EXPIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERS ELECT DIRECTORS TO THE BOARD EVERY TWO YEARS AT CONCLAVE FOR DIRECTORS WHOSE TERMS HAVE EXPIRED. EACH CHAPTER HAS A VOTING MEMBER, EACH DISTRICT GOVERNOR GETS A VOTE AND EACH BOARD MEMBER GETS A VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CHANGES TO THE BYLAWS MUST BE APPROVED BY THE VOTING DELEGATES OF THE MEMBERSHIP AT CONCLAVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 IS PROVIDED TO THE GRAND TREASURER AND CHIEF EXECUTIVE OFFICER OF THE FRATERNITY FOR REVIEW BEFORE THE TAX RETURN IS FILED. THE 990 IS AVAILABLE FOR PUBLIC INSPECTION ON GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FRATERNITY REQUIRES ALL EMPLOYEES AND DIRECTORS TO SIGN A CONFLICT OF INTEREST DOCUMENT ANNUALLY. WHENEVER A CONFLICT ARISES, THE PERSON OF INTEREST MUST DISCLOSE THE CONFLICT TO THE FRATERNITY IMMEDIATELY. IN CASE OF A POTENTIAL CONFLICT, THAT PERSON WILL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSION AND/OR VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED BY A THIRD PARTY CONSULTING FIRM WITH THE USE OF A COMPENSATION STUDY AND OTHER STUDIES. THE COMPENSATION IS COMPARED TO THE FORM 990 OF OTHER FRATERNITY ORGANIZATIONS. ONCE THE COMPENSATION IS DETERMINED, A WRITTEN EMPLOYMENT CONTRACT IS WRITTEN AND THE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE AVILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0SIG EP NATIONAL HOUSING LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0263800266
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0TO OVERSEE AND ADMINISTER THE HOUSING ISSUES OF THE SIGMA PHI EPSILON FRAT

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$56.9$31.4$25.5$7.24$7.36$0.13
2023Detailed filing. Detailed filing data is available for this year.$53.6$28.6$25.0$8.35$7.58$0.77
2022Detailed filing. Detailed filing data is available for this year.$54.1$30.2$23.9$10.3$8.62$1.66
2021Detailed filing. Detailed filing data is available for this year.$70.3$47.5$22.8$7.89$7.97$0.08
2020Detailed filing. Detailed filing data is available for this year.$63.0$42.1$20.9$10.5$12.2$1.72
2019Detailed filing. Detailed filing data is available for this year.$67.9$45.3$22.7$11.0$12.1$1.17
2018Detailed filing. Detailed filing data is available for this year.$71.5$47.7$23.8$10.1$10.0$0.08
2017Detailed filing. Detailed filing data is available for this year.$59.9$39.3$20.6$9.09$8.44$0.64
2016Detailed filing. Detailed filing data is available for this year.$52.2$33.1$19.1$10.6$10.5$0.14
2015Summary only. Only limited summary data is available for this year.$54.6$35.8$18.7$11.2$9.90$1.29
2014Summary only. Only limited summary data is available for this year.$52.0$34.9$17.1$9.70$9.02$0.68
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.0$33.9$16.1$11.1$9.56$1.57
2012Summary only. Only limited summary data is available for this year.$46.5$32.2$14.3$10.9$10.2$0.71
2011Summary only. Only limited summary data is available for this year.$46.9$32.9$14.0$10.9$9.49$1.43