Civic Intelligence

Lafp Orlando Inc

990 • Fiscal year 2016 • EIN 47-1685504

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 22, 2017

Organization ProfileN/A
C/o Heitman LLC 191 N Wacker DriveChicago, IL 60606

(312) 855-5700

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.43x

Higher debt load relative to assets than 62% of similar nonprofits.

2016 filings • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

9.32x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • $50M-$100M nonprofits • Source year 2016

Net Margin

93rd percentile

57%

Higher net margin than 93% of similar nonprofits.

2016 filings • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

10th percentile

$0

Higher top officer pay than 10% of similar nonprofits.

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

2016 filings • $50M-$100M nonprofits • Source year 2016

Asset Growth

47th percentile

1.7%

Faster asset growth than 47% of similar nonprofits.

2016 filings • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

68th percentile

7.8%

Faster revenue growth than 68% of similar nonprofits.

2016 filings • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$68,342,885

Up $1,168,943 (+1.7%) from 2015

Net Assets

Up

$39,271,628

Up $1,353,649 (+3.6%) from 2015

Liabilities

Down

$29,071,257

Down $184,706 (-0.6%) from 2015

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin93rd percentile

Revenue

Up

$3,119,516

Up $225,334 (+7.8%) from 2015

Expenses

Up

$1,331,655

Up $116,158 (+9.6%) from 2015

Net Income

Up

$1,787,861

Up $109,176 (+6.5%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$100M$50M$0Assets 2014: $60,439,897Liabilities 2014: $29,791,286Net Assets 2014: $30,648,6112014Assets 2015: $67,173,942Liabilities 2015: $29,255,963Net Assets 2015: $37,917,9792015Assets 2016: $68,342,885Liabilities 2016: $29,071,257Net Assets 2016: $39,271,6282016Assets 2017: $64,245,650Liabilities 2017: $29,334,024Net Assets 2017: $34,911,6262017Assets 2018: $65,994,439Liabilities 2018: $28,022,313Net Assets 2018: $37,972,1262018Assets 2019: $66,076,667Liabilities 2019: $29,283,887Net Assets 2019: $36,792,7802019Assets 2020: $65,522,632Liabilities 2020: $29,864,674Net Assets 2020: $35,657,9582020Assets 2021: $80,676,734Liabilities 2021: $29,602,801Net Assets 2021: $51,073,9332021Assets 2022: $96,131,468Liabilities 2022: $28,982,228Net Assets 2022: $67,149,2402022Assets 2023: $62,385,150Liabilities 2023: $29,235,692Net Assets 2023: $33,149,4582023Assets 2024: $62,924,396Liabilities 2024: $30,050,324Net Assets 2024: $32,874,0722024

Highlighted filing

2016

Assets$68,342,885
Liabilities$29,071,257
Net Assets$39,271,628
Open 2016 Filing

Operations Trend

Revenue Growth68th percentile

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

$10M$5.0M$0Revenue 2014: $769,160Expenses 2014: $394,810Net Income 2014: $374,3502014Revenue 2015: $2,894,182Expenses 2015: $1,215,497Net Income 2015: $1,678,6852015Revenue 2016: $3,119,516Expenses 2016: $1,331,655Net Income 2016: $1,787,8612016Revenue 2017: $8,244,982Expenses 2017: $5,541,903Net Income 2017: $2,703,0792017Revenue 2018: $5,917,684Expenses 2018: $3,871,011Net Income 2018: $2,046,6732018Revenue 2019: $6,052,157Expenses 2019: $3,849,476Net Income 2019: $2,202,6812019Revenue 2020: $5,953,493Expenses 2020: $3,997,955Net Income 2020: $1,955,5382020Revenue 2021: $6,086,314Expenses 2021: $4,005,229Net Income 2021: $2,081,0852021Revenue 2022: $7,170,337Expenses 2022: $4,093,798Net Income 2022: $3,076,5392022Revenue 2023: $7,788,663Expenses 2023: $4,511,837Net Income 2023: $3,276,8262023Revenue 2024: $7,572,441Expenses 2024: $4,539,550Net Income 2024: $3,032,8912024

Highlighted filing

2016

Revenue$3,119,516
Expenses$1,331,655
Net Income$1,787,861
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 22, 2017
Return Version
2016v3.0
Gross Receipts
$3,119,516
Mission and Program Overview

Mission

Hold title to real estate investments of a public employee retirement plan and collect and distribute income from these investments to the employee retirement plan.

Hold title to real estate investments of a public employee retirement plan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$66,500,000$67,700,000▲ $1,200,000
Cap Stk Tr Prin Current Funds$29,329,240$29,329,240→ $0
Rtn Earn Endowment Incm Other Fnds$8,588,739$9,942,388▲ $1,353,649
Savings and Temporary Cash Investments$558,403$537,129▼ $21,274
Accounts Receivable$86,350$75,892▼ $10,458
Prepaid Expenses and Deferred Charges$29,189$29,864▲ $675
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$67,173,942$68,342,885▲ $1,168,943
Liabilities
Mortgage Notes Payable Secured by Investment Property$28,959,000$28,700,000▼ $259,000
Accounts Payable and Accrued Expenses$185,583$245,940▲ $60,357
Other Liabilities$98,785$93,085▼ $5,700
Deferred Revenue$12,595$32,232▲ $19,637
Total Liabilities$29,255,963$29,071,257▼ $184,706
Net Assets / Fund Balance
Total Net Assets Fund Balance$37,917,979$39,271,628▲ $1,353,649
Total Liabilities and Net Assets / Fund Balance$67,173,942$68,342,885▲ $1,168,943

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$67,700,000--
Compensation and Service Providers
Top Officer Pay10th percentile

Board Members and Trustees

NameTitle
Paul G PalmerPresident
Howard J EdelmanVice President & Assistant Secretary
James ProudVice President & Assistant Secretary
Paul RezentsVice President & Assistant Secretary
Thomas P KellyVice President & Assistant Secretary
Tom LopezSecretary
Rick RogersTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Heitman LLCInvestment Management191 N Wacker Drive, Chicago, IL 60606$293,176
Epoch Management IncProperty Management359 Carolina Ave Ste A, Winter Park, FL 32789$147,335
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,119,503
Investment Income
$13
Other Revenue
$0
Change in Net Assets
$1,787,861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,331,655
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---$1,038,479
Fees for Service Investment Mgmnt Fees---$293,176
Total Functional Expenses$0$0$0$1,331,655
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
Security Deposits$93,085
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“Day-to-day operations of investment property is overseen by the property manager, Epoch Residential and the investment manager, Heitman, LLC manages the investment. The investment manager is compensated for this service by the sole shareholder and this is treated as a capital contribution by the organization.”

Form 990, Part VI, Section A, line 6

“Sole shareholder of the organization is the city of Los Angeles Fire and Police Pension Plan. The organization is included in the June 30, 2016 and 2017 audited financial statements of its sole shareholder.”

Form 990, Part VI, Section A, line 8B

“The organization has no committees with authority to act on behalf of the governing body.”

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

“The organization's form 990 was prepared by an outside accounting firm and provided to its officers for review and filing.”

Form 990, Part VI, Section C, line 19

“Hard copies of documents are available for inspection at the addressee's location.”

Filing and Contact Details

Filer

Filer Name
LAFP Orlando Inc
EIN
47-1685504
Phone
3128555700
Address
C/o Heitman LLC 191 N Wacker Drive, Chicago, IL 60606

Signing Officer

Name
Paul Rezents
Title
VP & Secretary
Phone
3128555700
Signed
2017-11-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Rezents
Formed
2014
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Deloitte Tax LLP
Address
111 S Wacker Drive, Chicago, IL 60606
Preparer
Ashley Kailer
Phone
3124861000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Distribution to Sole Shareholder -1,700,935.”

Financial Statement Notes

Part X, Line 2:

“The Portfolio evaluates tax positions taken in the course of preparing the Portfolio's tax returns to determine whether tax positions are "more likely than not" of being sustained by the applicable tax authority. Tax benefits of positions not deemed to meet the more likely than not threshold would be recorded as a tax expense in the current year. For the years ended June 30, 2017 and 2016, there have been no uncertain tax positions and no income tax expense has been recorded in the combined financial statements. Open tax years under the applicable statutory limitations for federal and all state jurisdictions applicable to the Portfolio include tax years ended June 30, 2013 through 2017.”

Raw XML AppendixShowing 400 of 426 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0185583
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0245940
IRS990/AccountsReceivableGrp/BOYAmt086350
IRS990/AccountsReceivableGrp/EOYAmt075892
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Hold title to real estate investments of a public employee retirement plan.
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Paul Rezents
IRS990/BooksInCareOfDetail/PhoneNum03128555700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0C/o Heitman LLC 191 N Wacker Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060606
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt029329240
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt029329240
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0293176
IRS990/ContractorCompensationGrp/CompensationAmt1147335
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0191 N Wacker Drive
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1359 Carolina Ave Ste A
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Chicago
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Winter Park
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd060606
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd132789
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Heitman LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Epoch Management Inc
IRS990/ContractorCompensationGrp/ServicesDesc0Investment Management
IRS990/ContractorCompensationGrp/ServicesDesc1Property Management
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt013
IRS990/CYOtherExpensesAmt01331655
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03119503
IRS990/CYRevenuesLessExpensesAmt01787861
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01331655
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03119516
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt012595
IRS990/DeferredRevenueGrp/EOYAmt032232
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0Hold title to real estate investments of a public employee retirement plan and collect and distribute income from these investments to the employee retirement plan.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0293176
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Rick Rogers
IRS990/Form990PartVIISectionAGrp/PersonNm1Paul G Palmer
IRS990/Form990PartVIISectionAGrp/PersonNm2Tom Lopez
IRS990/Form990PartVIISectionAGrp/PersonNm3Howard J Edelman
IRS990/Form990PartVIISectionAGrp/PersonNm4James Proud
IRS990/Form990PartVIISectionAGrp/PersonNm5Paul Rezents
IRS990/Form990PartVIISectionAGrp/PersonNm6Thomas P Kelly
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President & Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President & Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President & Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President & Assistant Secretary
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03119516
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt01038479
IRS990/InvestmentIncomeGrp/ExclusionAmt013
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt066500000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt067700000
IRS990/LandBldgEquipCostOrOtherBssAmt067700000
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Hold title to real estate investments of a public employee retirement plan and collect and distribute income from these investments to the employee retirement plan.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt028959000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt028700000
IRS990/NetAssetsOrFundBalancesBOYAmt037917979
IRS990/NetAssetsOrFundBalancesEOYAmt039271628
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01266723
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-1700935
IRS990/OtherLiabilitiesGrp/BOYAmt098785
IRS990/OtherLiabilitiesGrp/EOYAmt093085
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029189
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029864
IRS990/PrincipalOfficerNm0Paul Rezents
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0Net Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03119503
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03119503
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06
IRS990/PYOtherExpensesAmt01215497
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02894176
IRS990/PYRevenuesLessExpensesAmt01678685
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01215497
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02894182
IRS990/ReconcilationRevenueExpnssAmt01787861
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08588739
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09942388
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0558403
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0537129
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt067700000
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt067700000
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt093085
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Portfolio evaluates tax positions taken in the course of preparing the Portfolio's tax returns to determine whether tax positions are "more likely than not" of being sustained by the applicable tax authority. Tax benefits of positions not deemed to meet the more likely than not threshold would be recorded as a tax expense in the current year. For the years ended June 30, 2017 and 2016, there have been no uncertain tax positions and no income tax expense has been recorded in the combined financial statements. Open tax years under the applicable statutory limitations for federal and all state jurisdictions applicable to the Portfolio include tax years ended June 30, 2013 through 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt067700000
IRS990ScheduleD/TotalLiabilityAmt093085
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Day-to-day operations of investment property is overseen by the property manager, Epoch Residential and the investment manager, Heitman, LLC manages the investment. The investment manager is compensated for this service by the sole shareholder and this is treated as a capital contribution by the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Sole shareholder of the organization is the city of Los Angeles Fire and Police Pension Plan. The organization is included in the June 30, 2016 and 2017 audited financial statements of its sole shareholder.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has no committees with authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's form 990 was prepared by an outside accounting firm and provided to its officers for review and filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Hard copies of documents are available for inspection at the addressee's location.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Distribution to Sole Shareholder -1,700,935.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd21
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd31
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd41
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd51
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0City of LA Fire and Police Pens Plan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Palm Valley Pavilions West Corp
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Twin Creeks Village Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3121 West Chestnut Associates Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4WP Tulsa LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5Galleria Palms Associates Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0956000735
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1200505566
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2205213031
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3954826416
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4203964296
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5522209380
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0401(a)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(25)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(c)(25)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(c)(25)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(c)(25)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(c)(25)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Retirement Plan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Investment Property
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2Investment Property
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3Investment Property
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4Investment Property
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5Investment Property
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt5N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0360 E Second Street Suite 600
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1C/O Heitman LLC 191 N Wacker Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2C/O Heitman LLC 191 N Wacker Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3C/O Heitman LLC 191 N Wacker Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt4C/O Heitman LLC 191 N Wacker Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt5C/O Heitman LLC 191 N Wacker Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Los Angeles
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Chicago
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2Chicago
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3Chicago
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm4Chicago
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm5Chicago
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd4IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd5IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd090012
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd160606
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd260606
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd360606
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd460606
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd560606
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0City of L.A. Fire and Police Pens. Plan own a significant number of investments. However, details provided on Schedule R, Part II only includes the consolidated audited financial information. Additional information is available upon request.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Schedule R, Part II:
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt067173942
IRS990/TotalAssetsEOYAmt068342885
IRS990/TotalAssetsGrp/BOYAmt067173942
IRS990/TotalAssetsGrp/EOYAmt068342885
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01331655
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029255963
IRS990/TotalLiabilitiesEOYAmt029071257
IRS990/TotalLiabilitiesGrp/BOYAmt029255963
IRS990/TotalLiabilitiesGrp/EOYAmt029071257
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt037917979
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt039271628
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt03119503
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt013
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03119503
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03119516
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt067173942
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt068342885
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/o Heitman LLC 191 N Wacker Drive
IRS990/USAddress/CityNm0Chicago
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060606
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Rezents
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP & Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum03128555700
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAFP Orlando Inc
ReturnHeader/Filer/BusinessNameControlTxt0LAFP

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$68,342,885
Liabilities
$29,071,257
Net assets
$39,271,628
Revenue
$3,119,516
Expenses
$1,331,655
Net income
$1,787,861
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.9$30.1$32.9$7.57$4.54$3.03
2023Detailed filing. Detailed filing data is available for this year.$62.4$29.2$33.1$7.79$4.51$3.28
2022Detailed filing. Detailed filing data is available for this year.$96.1$29.0$67.1$7.17$4.09$3.08
2021Detailed filing. Detailed filing data is available for this year.$80.7$29.6$51.1$6.09$4.01$2.08
2020Detailed filing. Detailed filing data is available for this year.$65.5$29.9$35.7$5.95$4.00$1.96
2019Detailed filing. Detailed filing data is available for this year.$66.1$29.3$36.8$6.05$3.85$2.20
2018Detailed filing. Detailed filing data is available for this year.$66.0$28.0$38.0$5.92$3.87$2.05
2017Detailed filing. Detailed filing data is available for this year.$64.2$29.3$34.9$8.24$5.54$2.70
2016Detailed filing. Detailed filing data is available for this year.$68.3$29.1$39.3$3.12$1.33$1.79
2015Detailed filing. Detailed filing data is available for this year.$67.2$29.3$37.9$2.89$1.22$1.68
2014Summary only. Only limited summary data is available for this year.$60.4$29.8$30.6$0.77$0.39$0.37