Civic Intelligence

Sigma Phi Epsilon Building Associat

990 • Fiscal year 2024 • EIN 84-0392482

Jul 01, 2023 to Jun 30, 2024 • Filed on Aug 07, 2024

310 S BoulevardRichmond, VA 23220

(804) 823-9509

Siviq Scores

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

Liabilities / Assets

71st percentile

0.43x

Higher debt load relative to assets than 71% of similar nonprofits.

2024 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

3.37x

Higher debt load relative to revenue than 72% of similar nonprofits.

2024 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2024

Net Margin

97th percentile

100%

Higher net margin than 97% of similar nonprofits.

2024 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2024

Asset Growth

87th percentile

11%

Faster asset growth than 87% of similar nonprofits.

2024 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

65%

Faster revenue growth than 85% of similar nonprofits.

2024 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,335,980

Up $134,884 (+11%) from 2023

Net Assets

Up

$762,792

Up $170,259 (+29%) from 2023

Liabilities

Down

$573,188

Down $35,375 (-5.8%) from 2023

Revenue

Up

$170,259

Up $66,905 (+65%) from 2023

Expenses

Flat

$0

Flat from 2023

Net Income

Up

$170,259

Up $66,905 (+65%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $1,006,964Liabilities 2017: $822,935Net Assets 2017: $184,0292017Assets 2018: $1,114,665Liabilities 2018: $826,345Net Assets 2018: $288,3202018Assets 2019: $1,098,386Liabilities 2019: $783,944Net Assets 2019: $314,4422019Assets 2020: $1,162,400Liabilities 2020: $727,957Net Assets 2020: $434,4432020Assets 2021: $1,151,023Liabilities 2021: $707,904Net Assets 2021: $443,1192021Assets 2022: $1,120,557Liabilities 2022: $671,802Net Assets 2022: $448,7552022Assets 2023: $1,201,096Liabilities 2023: $608,563Net Assets 2023: $592,5332023Assets 2024: $1,335,980Liabilities 2024: $573,188Net Assets 2024: $762,7922024Assets 2025: $1,404,128Liabilities 2025: $391,906Net Assets 2025: $1,012,2222025

Highlighted filing

2024

Assets$1,335,980
Liabilities$573,188
Net Assets$762,792

Operations Trend

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

$300K$200K$100K$0Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $292,655Expenses 2017: $209,378Net Income 2017: $83,2772017Revenue 2018: $255,032Expenses 2018: $150,741Net Income 2018: $104,2912018Revenue 2019: $226,613Expenses 2019: $166,863Net Income 2019: $59,7502019Revenue 2020: $236,010Expenses 2020: $116,009Net Income 2020: $120,0012020Revenue 2021: $8,676Expenses 2021: $0Net Income 2021: $8,6762021Revenue 2022: $5,636Expenses 2022: $0Net Income 2022: $5,6362022Revenue 2023: $103,354Expenses 2023: $0Net Income 2023: $103,3542023Revenue 2024: $170,259Expenses 2024: $0Net Income 2024: $170,2592024Revenue 2025: $249,430Expenses 2025: $0Net Income 2025: $249,4302025

Highlighted filing

2024

Revenue$170,259
Expenses$0
Net Income$170,259
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Aug 7, 2024
Return Version
2023v5.0
Gross Receipts
$364,175
Mission and Program Overview

Mission

Provide housing for members of sigma phi epsilon colorado alpha.

To provide housing to young men at the university of colorado that are members of sigma phi epsilon fraternity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,054,538$1,054,538→ $0
Cash and Non-Interest-Bearing Accounts$146,558$281,442▲ $134,884
Total Assets$1,201,096$1,335,980▲ $134,884
Liabilities
Unsecured Notes Loans Payable$592,307$573,188▼ $19,119
Other Liabilities$16,256--
Total Liabilities$608,563$573,188▼ $35,375
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$592,533$762,792▲ $170,259
Total Net Assets Fund Balance$592,533$762,792▲ $170,259
Total Liabilities and Net Assets / Fund Balance$1,201,096$1,335,980▲ $134,884

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,054,538-$1,054,538
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff WillePresident
Chris GassmanSecretary
Mike ArnoldTreasurer
Jack MillarVP of Relati
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$100
Other Revenue
$170,159
Change in Net Assets
$170,259
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed and approved by the organization prior to filing.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Sigma Phi Epsilon Building Assoc
EIN
84-0392482
Phone
8048239509
Address
310 S BOULEVARD, RICHMOND, VA 23220

Signing Officer

Name
Mike Arnold
Title
Treasurer
Phone
8048239509
Signed
2024-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Wille
Formed
1992
Legal Domicile
Co
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Greek Resource Services LLC
Address
PO BOX 1880, TUSCALOOSA, AL 35403-1880
Preparer
Cindy Neal
Phone
2057587754
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To provide housing for fraternity members.

Raw XML Appendix239 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING TO YOUNG MEN AT THE UNIVERSITY OF COLORADO THAT ARE MEMBERS OF SIGMA PHI EPSILON FRATERNITY.
IRS990/BooksInCareOfDetail/PersonNm0MIKE ARNOLD
IRS990/BooksInCareOfDetail/PhoneNum08048239509
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0310 S BOULEVARD
IRS990/BooksInCareOfDetail/USAddress/CityNm0RICHMOND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023220
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0146558
IRS990/CashNonInterestBearingGrp/EOYAmt0281442
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0100
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt0170159
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0170259
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt00
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0170259
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO PROVIDE HOUSING FOR FRATERNITY MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE ARNOLD
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRIS GASSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2JACK MILLAR
IRS990/Form990PartVIISectionAGrp/PersonNm3JEFF WILLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP OF RELATI
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0364175
IRS990/GrossRentsGrp/RealAmt0364075
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0100
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0100
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01054538
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01054538
IRS990/LandBldgEquipCostOrOtherBssAmt01054538
IRS990/LegalDomicileStateCd0CO
IRS990/LessRentalExpensesGrp/RealAmt0193916
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE HOUSING FOR MEMBERS OF SIGMA PHI EPSILON COLORADO ALPHA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0592533
IRS990/NetAssetsOrFundBalancesEOYAmt0762792
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0170159
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0170159
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0592533
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0762792
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherLiabilitiesGrp/BOYAmt016256
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JEFF WILLE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROVIDE HOUSING FOR FRATERNITY MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt018
IRS990/PYOtherRevenueAmt0103336
IRS990/PYRevenuesLessExpensesAmt0103354
IRS990/PYTotalRevenueAmt0103354
IRS990/ReconcilationRevenueExpnssAmt0170259
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0170159
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01054538
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01054538
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01054538
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE HOUSING FOR FRATERNITY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01201096
IRS990/TotalAssetsEOYAmt01335980
IRS990/TotalAssetsGrp/BOYAmt01201096
IRS990/TotalAssetsGrp/EOYAmt01335980
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt0100
IRS990/TotalLiabilitiesBOYAmt0608563
IRS990/TotalLiabilitiesEOYAmt0573188
IRS990/TotalLiabilitiesGrp/BOYAmt0608563
IRS990/TotalLiabilitiesGrp/EOYAmt0573188
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0592533
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0762792
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0170159
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0170259
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01201096
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01335980
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0592307
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0573188
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0310 S BOULEVARD
IRS990/USAddress/CityNm0RICHMOND
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023220
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE ARNOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08048239509
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIGMA PHI EPSILON BUILDING ASSOC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COLORADO ALPHA
ReturnHeader/Filer/BusinessNameControlTxt0SIGM
ReturnHeader/Filer/EIN0840392482
ReturnHeader/Filer/PhoneNum08048239509
ReturnHeader/Filer/USAddress/AddressLine1Txt0310 S BOULEVARD
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023220
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREEK RESOURCE SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1880
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TUSCALOOSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0354031880
ReturnHeader/PreparerPersonGrp/PhoneNum02057587754
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CINDY NEAL
ReturnHeader/ReturnTs02024-08-08T10:00:38-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings