Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Sigma Alpha Properties LLC
EIN 54-1953163 • 501(c)2 • Richmond, VA
Profile
To provide and maintain a place for the active and alumni members of the sigma alpha chapter of the delta kappa epsilon fraternity to live, meet and hold fraternity events.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.81x
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
54th percentile
Faster asset growth than 54% of similar nonprofits.
Revenue Growth
91st percentile
Faster revenue growth than 91% of similar nonprofits.
Balance Sheet
Assets
Down$252,603
Down $9,513 (-3.6%) from 2023
Liabilities
Down$205,342
Down $77,683 (-27%) from 2023
Net Assets
Up$47,261
Up $68,170 (+326%) from 2023
Revenue
Up$139,031
Up $50,366 (+57%) from 2023
Expenses
Down$70,861
Down $17,804 (-20%) from 2023
Net Income
Up$68,170
Up $68,170 from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $252,603
- Liabilities
- $205,342
- Net assets
- $47,261
- Revenue
- $139,031
- Expenses
- $70,861
- Net income
- $68,170
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 11, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $139,031
Mission and Program Overview
Mission
To provide and maintain a place for the active and alumni members of the sigma alpha chapter of the delta kappa epsilon fraternity to live, meet and hold fraternity events.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FRATERNITY HOUSE - THE ORGANIZATION PROVIDES AND MAINTAINS A HOUSE FOR THE ACTIVE AND ALUMNI MEMBERS OF THE SIGMA ALPHA CHAPTER OF THE DELTA KAPPA EPSILON FRATERNITY TO LIVE, MEET, AND HOLD FRATERNITY EVENTS. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROGER LEIBOWITZ | Director/Treasurer | - | $0 | - | - |
| EVAN MILLER | Director | - | $0 | - | - |
| MARK LENZI | Director | - | $0 | - | - |
| DAN JOHNSON | Chairman/President | - | $0 | - | - |
| JEFF ROSE | Vice Chairman/Secretary | - | $0 | - | - |
| TOM WILKINSON | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Sigma Alpha Properties LLC
- EIN
- 54-1953163
- Phone
- 8043633128
- Address
- PO BOX 18231, RICHMOND, VA 23226
Signing Officer
- Name
- Roger Leibowitz
- Title
- Treasurer
- Phone
- 8043633128
- Signed
- 2025-11-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Gelman Rosenberg & Freedman
- Address
- 4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
- Preparer
- Richard J Locastro CPA
- Phone
- 3019519090
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation/amortization. Amount: 23,985. Description: other expenses. Amount: 25,827. Total to form 990-ez, line 14: 49,812.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: real estate taxes. Amount: 5,966. Description: interest expense. Amount: 9,217. Description: insurance. Amount: 5,866. Total to form 990-ez, line 16: 21,049.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: house fund receivable. Beg. Of year amount: 4,552. End of year amount: 4,552. Description: rent receivable. Beg. Of year amount: 0. End of year amount: 2,050. Description: other depreciable assets. Beg. Of year amount: 1,941. End of year amount: 8,236.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: notes payables. Beg. Of year amount: 269,145. End of year amount: 198,342. Description: rent deposits. Beg. Of year amount: 2,930. End of year amount: 3,500. Description: prepaid rent. Beg. Of year amount: 4,125. End of year amount: 3,500. Description: due to alumni association. Beg. Of year amount: 6,825. End of year amount: 0.”
Raw XML Appendix141 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ROGER LEIBOWITZ |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8043633128 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 18231 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RICHMOND |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23226 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 19951 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 68170 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 262116 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 252603 |
| IRS990EZ/GrossReceiptsAmt | 0 | 139031 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 255623 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 237765 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 28960 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -20909 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 47261 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -20909 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 47261 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 49812 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROGER LEIBOWITZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | EVAN MILLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MARK LENZI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DAN JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JEFF ROSE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | TOM WILKINSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | CHAIRMAN/PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | VICE CHAIRMAN/SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 6493 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 14838 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 21049 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE AND MAINTAIN A PLACE FOR THE ACTIVE AND ALUMNI MEMBERS OF THE SIGMA ALPHA CHAPTER OF THE DELTA KAPPA EPSILON FRATERNITY TO LIVE, MEET AND HOLD FRATERNITY EVENTS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 119080 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FRATERNITY HOUSE - THE ORGANIZATION PROVIDES AND MAINTAINS A HOUSE FOR THE ACTIVE AND ALUMNI MEMBERS OF THE SIGMA ALPHA CHAPTER OF THE DELTA KAPPA EPSILON FRATERNITY TO LIVE, MEET, AND HOLD FRATERNITY EVENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 283025 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 205342 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 70861 |
| IRS990EZ/TotalRevenueAmt | 0 | 139031 |
| IRS990EZ/TypeOfOrganizationOtherDesc | 0 | LLC |
| IRS990EZ/TypeOfOrganizationOtherInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 28960 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | FRATERNITY HOUSE RENOVATIONS |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 249498 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | PAULA JOHNSON |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | SPOUSE OF BOARD CHAIR |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 28960 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION/AMORTIZATION. AMOUNT: 23,985. DESCRIPTION: OTHER EXPENSES. AMOUNT: 25,827. TOTAL TO FORM 990-EZ, LINE 14: 49,812. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: REAL ESTATE TAXES. AMOUNT: 5,966. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 9,217. DESCRIPTION: INSURANCE. AMOUNT: 5,866. TOTAL TO FORM 990-EZ, LINE 16: 21,049. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: HOUSE FUND RECEIVABLE. BEG. OF YEAR AMOUNT: 4,552. END OF YEAR AMOUNT: 4,552. DESCRIPTION: RENT RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,050. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 1,941. END OF YEAR AMOUNT: 8,236. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: NOTES PAYABLES. BEG. OF YEAR AMOUNT: 269,145. END OF YEAR AMOUNT: 198,342. DESCRIPTION: RENT DEPOSITS. BEG. OF YEAR AMOUNT: 2,930. END OF YEAR AMOUNT: 3,500. DESCRIPTION: PREPAID RENT. BEG. OF YEAR AMOUNT: 4,125. END OF YEAR AMOUNT: 3,500. DESCRIPTION: DUE TO ALUMNI ASSOCIATION. BEG. OF YEAR AMOUNT: 6,825. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROGER LEIBOWITZ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8043633128 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SIGMA ALPHA PROPERTIES LLC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SIGM |
| ReturnHeader/Filer/EIN | 0 | 541953163 |
| ReturnHeader/Filer/PhoneNum | 0 | 8043633128 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 18231 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RICHMOND |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23226 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 521392008 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GELMAN ROSENBERG & FREEDMAN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4550 MONTGOMERY AVE SUITE 800N |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BETHESDA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 208142930 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3019519090 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RICHARD J LOCASTRO CPA |
| ReturnHeader/ReturnTs | 0 | 2025-11-12T08:26:14-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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