Civic Intelligence

New Coliseum Properties Inc

990 • Fiscal year 2012 • EIN 02-0542979

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 14, 2013

PO Box 5005Suite10163
Siviq Scores

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Balance Sheet

Assets

Flat

$721,059

Flat from 2012

Net Assets

Flat

$64,333

Flat from 2012

Liabilities

Flat

$656,726

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$3,434,391

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $88,747,110Liabilities 2010: $66,976,718Net Assets 2010: $21,770,3922010Assets 2011: $103,078,676Liabilities 2011: $64,804,650Net Assets 2011: $38,274,0262011Assets 2012: $721,059Liabilities 2012: $656,726Net Assets 2012: $64,3332012Assets 2012: $721,059Liabilities 2012: $656,726Net Assets 2012: $64,3332012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013

Highlighted filing

2012

Assets$721,059
Liabilities$656,726
Net Assets$64,333

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,924,8102010Expenses 2011: $10,968,7422011Expenses 2012: $3,434,3912012Revenue 2012: $3,298,959Expenses 2012: $3,434,391Net Income 2012: -$135,4322012Revenue 2013: $559,577Expenses 2013: $8,205Net Income 2013: $551,3722013

Highlighted filing

2012

Revenue-
Expenses$3,434,391
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 14, 2013
Return Version
2012v2.1
Gross Receipts
$3,298,959
Filing and Contact Details

Filer

EIN
02-0542979
Raw XML AppendixShowing 400 of 484 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.

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IRS990ScheduleN/DispositionTable/DateOfDistribution02012-04-16
IRS990ScheduleN/DispositionTable/DateOfDistribution12012-04-16
IRS990ScheduleN/DispositionTable/DescriptionOfAsset0SALE OF RENTAL REAL ESTATE PROPERTIES
IRS990ScheduleN/DispositionTable/DescriptionOfAsset1DISTRIBUTION OF PROCEEDS FROM SALE
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IRS990ScheduleN/DispositionTable/EIN1146103815
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IRS990ScheduleN/DispositionTable/NamePerson0Carval Investors LLC
IRS990ScheduleN/DispositionTable/NamePerson1THE COMMON RETIREMENT FUND OF NY ST
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IRS990ScheduleN/Form990ScheduleNPartIII/Explanation0ON FEBRUARY 29, 2012, NEW COLISEUM PROPERTIES, INC. ENTERED INTO A PURCHASE AND SALE AGREEMENT WITH AN UNRELATED PARTY FOR THE SALE OF THE RENTAL PROPERTIES FOR $103,250,000. THIS ASSET SALE CLOSED ON APRIL 16, 2012. NEW COLISEUM THEN DISTRIBUTED THE PROCEEDS FROM THE SALE TO THE COMMON RETIREMENT FUND OF NEW YORK STATE.
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IRS990ScheduleO/GeneralExplanation/Explanation0NEW COLISEUM PROPERTIES, INC. (NCPI), A TAX-EXEMPT ORGANIZATION, WAS WHOLLY OWNED BY THE COMMON RETIREMENT FUND OF THE STATE OF NEW YORK UNTIL DISPOSITION OCCURRED ON APRIL 16, 2012.
IRS990ScheduleO/GeneralExplanation/Explanation1LINE 6 AND 7 THE COMPTROLLER OF THE STATE OF NEW YORK, AS TRUSTEE OF THE COMMON RETIREMENT FUND OF THE STATE OF NEW YORK, IS THE SOLE STOCKHOLDER OF NCPI. THE SOLE STOCKHOLDER HAS THE POWER TO ELECT MEMBERS OF NCPI'S GOVERNING BODY AND MUST APPROVE ALL SIGNIFICANT BUSINESS TRANSACTIONS AND GOVERNANCE POLICIES (INCLUDING ENTERING INTO CONTRACTS, INITIATING LEGAL PROCEEDINGS, OPENING ACCOUNTS, AND AMENDING NCPI'S BY-LAWS). LINE 11B THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE COMPANY AND IN CONSULTATION WITH THE COMPANY'S INVESTMENT ADVISORS, JP MORGAN. THE DRAFT PREPARED BY THE ACCOUNTING FIRM IS THEN CAREFULLY REVIEWED BY THE FINANCE AND LEGAL STAFF OF THE COMPANY'S INVESTMENT ADVISORS, JP MORGAN. THE COMPANY'S BOARD OF DIRECTORS HAS DELEGATED TO A SUBSET OF THE COMPANY'S BOARD THE AUTHORITY TO APPROVE THE FORM 990. THE FINAL VERSION IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. LINES 12, 13, 14 ALTHOUGH NEW COLISEUM PROPERTIES, INC. DOES NOT MAINTAIN SEPARATE CONFLICT OF INTEREST, WHISTLEBLOWER AND RECORD RETENTION POLICIES, IT IS GOVERNED BY THOSE POLICIES OF THE COMMON RETIREMENT FUND OF THE STATE OF NEW YORK, A RELATED ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation2LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR THE CONFLICT OF INTEREST POLICY OF THE COMMON RETIREMENT FUND OF THE STATE OF NEW YORK, A RELATED ORGANIZATION, AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation3DISTRIBUTION FROM THE SALE PROCEEDS OF ASSETS.......... ($45,144,945)
IRS990ScheduleO/GeneralExplanation/Explanation4WITH NO LENDER REQUIREMENT DUE TO THE DISPOSITION OF ASSETS, NEW COLISEUM PROPERTIES, INC. ELECTED TO WAIVE A FINAL AUDIT.
IRS990ScheduleO/GeneralExplanation/Identifier0990 PART III
IRS990ScheduleO/GeneralExplanation/Identifier1990 PART VI - GOVERNANCE, MANAGEMENT, AND DISCLOSURE
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IRS990ScheduleO/GeneralExplanation/Identifier4990 PART XII, LINE 2
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IRS990ScheduleO/GeneralExplanation/ReturnReference1SECTION B - POLICIES
IRS990ScheduleO/GeneralExplanation/ReturnReference2SECTION C - DISCLOSURE
IRS990ScheduleO/GeneralExplanation/ReturnReference3OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/GeneralExplanation/ReturnReference4AUDITED FINANCIAL STATEMENTS
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IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10THE COMMON RETIREMENT FUND OF NY STATE
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IRS990ScheduleR/Form990ScheduleRPartI/NameOfDisregardedEntity/BusinessNameLine10COLISEUM TRANSFER INC
IRS990ScheduleR/Form990ScheduleRPartI/NameOfDisregardedEntity/BusinessNameLine11COLISEUM GROUND 1 INC
IRS990ScheduleR/Form990ScheduleRPartI/NameOfDisregardedEntity/BusinessNameLine12COLISEUM GROUND 2 INC
IRS990ScheduleR/Form990ScheduleRPartI/PrimaryActivities0REAL ESTATE
IRS990ScheduleR/Form990ScheduleRPartI/PrimaryActivities1REAL ESTATE
IRS990ScheduleR/Form990ScheduleRPartI/PrimaryActivities2REAL ESTATE
IRS990ScheduleR/Form990ScheduleRPartVII/Explanation0------------------------ UNDER IRC SECTION 501(C)(25)(E)(I), THE INCOME AND ASSETS OF THESE ENTITIES ARE TREATED AS THE INCOME AND ASSETS OF THE FILING ORGANIZATION, NEW COLISEUM PROPERTIES, INC.
IRS990ScheduleR/Form990ScheduleRPartVII/Identifier0PART I, COLUMNS D AND E
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg0false
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg0false
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg0false
IRS990ScheduleR/OtherTransferFromOtherOrg0true
IRS990ScheduleR/OtherTransferToOtherOrg0true
IRS990ScheduleR/PerformOfServicesByOtherOrgs0false
IRS990ScheduleR/PerformOfServicesForOtherOrgs0false
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg0false
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties0false
IRS990ScheduleR/ReimbursementPaidByOtherOrg0false
IRS990ScheduleR/ReimbursementPaidToOtherOrg0false
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs0false
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs0false
IRS990ScheduleR/SaleOfAssetsToOtherOrg0false
IRS990ScheduleR/SharingOfFacilities0false
IRS990ScheduleR/SharingOfPaidEmployees0false
IRS990/School0false
IRS990/SignificantChange0true
IRS990/SignificantNewProgramServices0false

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