Civic Intelligence

818 Stewart Street Acquisition LLC

EIN 45-2822195 • 501(c)25 • New York, NY

Profile

SEE STATEMENT 1

PO Box 5005New York, NY 10163-5005

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$10M-$25M nonprofits • Source year 2018

Net Margin

79th percentile

34%

Higher net margin than 79% of similar nonprofits.

$10M-$25M nonprofits • Source year 2018

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

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

$10M-$25M nonprofits • Source year 2018

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

25th percentile

-4.5%

Faster revenue growth than 25% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $132,905,593 (-100%) from 2017

Liabilities

Down

$0

Down $65,150,363 (-100%) from 2017

Net Assets

Down

$0

Down $67,755,230 (-100%) from 2017

Revenue

Down

$10,042,128

Down $476,692 (-4.5%) from 2017

Expenses

Up

$6,602,158

Up $128,229 (+2.0%) from 2017

Net Income

Down

$3,439,970

Down $604,921 (-15%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0-$50MAssets 2012: $129,245,878Liabilities 2012: $146,034Net Assets 2012: $129,099,8442012Assets 2013: $129,302,622Liabilities 2013: $128,506Net Assets 2013: $129,174,1162013Assets 2014: $136,227Liabilities 2014: $219,593Net Assets 2014: -$83,3662014Assets 2015: $130,337,460Liabilities 2015: $65,058,469Net Assets 2015: $65,278,9912015Assets 2016: $130,769,495Liabilities 2016: $64,775,288Net Assets 2016: $65,994,2042016Assets 2017: $132,905,593Liabilities 2017: $65,150,363Net Assets 2017: $67,755,2302017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Revenue 2012: $9,377,485Expenses 2012: $3,333,050Net Income 2012: $6,044,4352012Revenue 2013: $10,826,070Expenses 2013: $3,695,799Net Income 2013: $7,130,2712013Revenue 2014: $953,685Expenses 2014: $600,052Net Income 2014: $353,6332014Revenue 2015: $11,185,451Expenses 2015: $6,521,217Net Income 2015: $4,664,2342015Revenue 2016: $9,962,701Expenses 2016: $6,328,832Net Income 2016: $3,633,8692016Revenue 2017: $10,518,820Expenses 2017: $6,473,929Net Income 2017: $4,044,8912017Revenue 2018: $10,042,128Expenses 2018: $6,602,158Net Income 2018: $3,439,9702018

Highlighted filing

2018

Revenue$10,042,128
Expenses$6,602,158
Net Income$3,439,970

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 17, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$10,042,128
Mission and Program Overview

Mission

SEE STATEMENT 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$129,806,503$0▼ $129,806,503
Pd in Cap Srpls Land Bldg Eqp Fund$127,577,141$129,605,141▲ $2,028,000
Intangible Assets$1,644,772$0▼ $1,644,772
Cash and Non-Interest-Bearing Accounts$791,601$0▼ $791,601
Accounts Receivable$662,717$0▼ $662,717
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-59,821,911$-129,605,141▼ $69,783,230
Total Assets$132,905,593$0▼ $132,905,593
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$64,340,000$0▼ $64,340,000
Accounts Payable and Accrued Expenses$651,541$0▼ $651,541
Other Liabilities$158,822$0▼ $158,822
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$65,150,363$0▼ $65,150,363
Net Assets / Fund Balance
Total Net Assets Fund Balance$67,755,230$0▼ $67,755,230
Total Liabilities and Net Assets / Fund Balance$132,905,593$0▼ $132,905,593
Compensation and Service Providers

Board Members and Trustees

NameTitle
NoneNone

Highest Paid Contractors

ContractorServicesLocationCompensation
none---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,042,128
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$3,439,970
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,602,158
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,818,092--$2,818,092
All Other Expenses$2,485,051--$2,485,051
Other Expenses$283,875--$283,875
Total Functional Expenses$6,602,158$0$0$6,602,158
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Management duties delegated
No

Governance Explanations

Part VI

6) the stockholders / members are pension trusts described in and exempt from federal income tax under section 401 and 501 of the internal revenue code of 1954. 7a) members/ stockholders hold annual elections for members of the governing body. 7b) the business of the corporation shall be managed by its board of directors or members. 8b) there are no committees or delegation of authority within the governing body. Decisions are made by the members of the governing body. 11b) the 990 is reviewed by the signer who is also a member of the governing body. 19) no documents are available to the public.

Part VII, Section A

This entity is a limited liability company that does not appoint officers, directors, or trustees. The entity's sole member is a pension trust fund. The entity does not have any employees that meet the definition of a key employee or are within the threshold for highest compensated employee.

Filing and Contact Details

Filer

Filer Name
818 Stewart Street Acquisition LLC
EIN
45-2822195
In Care Of
% JOSEPH PISTONE
Phone
2126480204
Address
PO BOX 5005, NEW YORK, NY 10163-5005

Signing Officer

Name
Joseph Pistone
Title
Managing director
Phone
2126480204
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Pistone
Formed
2011
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Pricewaterhousecoopers Llp
Address
300 MADISON AVENUE, NEW YORK, NY 10017
Preparer
Dmitriy Shamrakov
Phone
6464713000
Supplemental Narrative

Additional Explanations

Part XI

Net contribution / (distribution) and fmv adjustment: $ -71,195,200.

Form 990 Part IX Line 24 - Other Expenses

Description:taxes total expenses:1197897 program services:1197897

Form 990 Part IX Line 24 - Other Expenses

Description:utilities total expenses:579161 program services:579161

Form 990 Part IX Line 24 - Other Expenses

Description:wages & salaries total expenses:369364 program services:369364

Form 990 Part IX Line 24 - Other Expenses

Description:property management fees total expenses:128525 program services:128525

Form 990 Part IX Line 24 - Other Expenses

Description:general & administrative total expenses:176267 program services:176267

Form 990 Part IX Line 24 - Other Expenses

Description:landscaping total expenses:33837 program services:33837

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt06) THE STOCKHOLDERS / MEMBERS ARE PENSION TRUSTS DESCRIBED IN AND EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 401 AND 501 OF THE INTERNAL REVENUE CODE OF 1954. 7A) MEMBERS/ STOCKHOLDERS HOLD ANNUAL ELECTIONS FOR MEMBERS OF THE GOVERNING BODY. 7B) THE BUSINESS OF THE CORPORATION SHALL BE MANAGED BY ITS BOARD OF DIRECTORS OR MEMBERS. 8B) THERE ARE NO COMMITTEES OR DELEGATION OF AUTHORITY WITHIN THE GOVERNING BODY. DECISIONS ARE MADE BY THE MEMBERS OF THE GOVERNING BODY. 11B) THE 990 IS REVIEWED BY THE SIGNER WHO IS ALSO A MEMBER OF THE GOVERNING BODY. 19) NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS ENTITY IS A LIMITED LIABILITY COMPANY THAT DOES NOT APPOINT OFFICERS, DIRECTORS, OR TRUSTEES. THE ENTITY'S SOLE MEMBER IS A PENSION TRUST FUND. THE ENTITY DOES NOT HAVE ANY EMPLOYEES THAT MEET THE DEFINITION OF A KEY EMPLOYEE OR ARE WITHIN THE THRESHOLD FOR HIGHEST COMPENSATED EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NET CONTRIBUTION / (DISTRIBUTION) AND FMV ADJUSTMENT: $ -71,195,200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:TAXES TOTAL EXPENSES:1197897 PROGRAM SERVICES:1197897
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:UTILITIES TOTAL EXPENSES:579161 PROGRAM SERVICES:579161
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:WAGES & SALARIES TOTAL EXPENSES:369364 PROGRAM SERVICES:369364
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:PROPERTY MANAGEMENT FEES TOTAL EXPENSES:128525 PROGRAM SERVICES:128525
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:GENERAL & ADMINISTRATIVE TOTAL EXPENSES:176267 PROGRAM SERVICES:176267
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DESCRIPTION:LANDSCAPING TOTAL EXPENSES:33837 PROGRAM SERVICES:33837
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VII, SECTION A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990 PART IX LINE 24 - OTHER EXPENSES
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0111 N Canal Realty Company LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11918 Eighth Avenue Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt22700 Ellis Road Acquisition Corp
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3401 East Las Olas Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4425 Boylan Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt54700 Nalle Woods Realty Company LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt64S Ranch Apartment Holdings Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7555 11th Street Mezz Lender LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt87108 Fairway Acquisition Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt97111 Fairway Acquisition Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt107121 Fairway Acquisition Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11818 Stewart Street Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt12Amalfi Apartment Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt13AT Industrial Owner Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt14Borders Industrial Acquisition Corporati
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt15Broadpine Realty Holding Company Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt16Cape May Harveston Co Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt17City Centre Residential Realty Company L
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt18Domain CC Phase II Realty Company LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt19Domain CC Realty Company LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt20Eight Corporate Centre Acquisition Compa
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt21Elizabeth Square Acquisition Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt22Equinox Apartment Holdings LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt23Esplanade Apartments Holding Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt24FG SPF Fullerton Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt25Five Corporate Centre Acquisition Compan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt26Forest Drive Research Park Acquisition C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt27Four Corporate Centre Acquisition Compan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt28Gaslight Commons Realty Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt29Gateway 673 Realty Company LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt30Gateway Commerce Westway LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt31Industrial Acquisition Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt32Inland Empire Realty Holding Co Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt33Internationale Centre Property Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt34Koala Miami Realty Holding Co Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt35Las Colinas Irving Acquisition Company I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt36Las Colinas Irving Acquisition Company I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt37LaVillita Irving Acquisition Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt38LaVillita Irving II Acquisition Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt39Metro Chicago Industrial Acquisition Cor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt40Midtown Green Realty Company

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