Civic Intelligence

MMM West Inc

990 • Fiscal year 2019 • EIN 81-2707764

Jan 01, 2019 to Dec 31, 2019 • Filed on May 04, 2020

4 Embarcadero Center Suite 3300San Francisco, CA 94111

(415) 658-3300

Siviq Scores

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

Liabilities / Assets

69th percentile

0.51x

Higher debt load relative to assets than 69% of similar nonprofits.

2019 filings • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

10.00x

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

2019 filings • $100M-$250M nonprofits • Source year 2019

Net Margin

13th percentile

-17%

Higher net margin than 13% of similar nonprofits.

2019 filings • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

2019 filings • $100M-$250M nonprofits • Source year 2019

Asset Growth

29th percentile

0.7%

Faster asset growth than 29% of similar nonprofits.

2019 filings • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-4.1%

Faster revenue growth than 26% of similar nonprofits.

2019 filings • $100M-$250M nonprofits • Annualized from 2018 to 2019

Assets

Up

$106,631,539

Up $787,597 (+0.7%) from 2018

Net Assets

Up

$52,478,402

Up $795,355 (+1.5%) from 2018

Liabilities

Down

$54,153,137

Down $7,758 (-0.0%) from 2018

Revenue

Down

$5,412,647

Down $232,033 (-4.1%) from 2018

Expenses

Up

$6,312,713

Up $266,165 (+4.4%) from 2018

Net Income

Down

-$900,066

Down $498,198 (-124%) from 2018

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2017: $104,649,245Liabilities 2017: $54,312,049Net Assets 2017: $50,337,1962017Assets 2018: $105,843,942Liabilities 2018: $54,160,895Net Assets 2018: $51,683,0472018Assets 2019: $106,631,539Liabilities 2019: $54,153,137Net Assets 2019: $52,478,4022019Assets 2020: $106,501,536Liabilities 2020: $55,012,843Net Assets 2020: $51,488,6932020Assets 2021: $104,907,723Liabilities 2021: $54,255,904Net Assets 2021: $50,651,8192021Assets 2022: $108,024,622Liabilities 2022: $54,391,377Net Assets 2022: $53,633,2452022Assets 2023: $92,245,493Liabilities 2023: $54,363,134Net Assets 2023: $37,882,3592023Assets 2024: $263,745Liabilities 2024: $7,949Net Assets 2024: $255,7962024Assets 2025: $637,071Liabilities 2025: $602,596Net Assets 2025: $34,4752025

Highlighted filing

2019

Assets$106,631,539
Liabilities$54,153,137
Net Assets$52,478,402

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2017: $4,952,860Expenses 2017: $5,773,242Net Income 2017: -$820,3822017Revenue 2018: $5,644,680Expenses 2018: $6,046,548Net Income 2018: -$401,8682018Revenue 2019: $5,412,647Expenses 2019: $6,312,713Net Income 2019: -$900,0662019Revenue 2020: $5,511,264Expenses 2020: $6,349,644Net Income 2020: -$838,3802020Revenue 2021: $6,366,283Expenses 2021: $6,488,092Net Income 2021: -$121,8092021Revenue 2022: $6,374,386Expenses 2022: $6,529,525Net Income 2022: -$155,1392022Revenue 2023: $7,034,486Expenses 2023: $6,568,118Net Income 2023: $466,3682023Revenue 2024: -$2,801,098Expenses 2024: $3,391,353Net Income 2024: -$6,192,4512024Revenue 2025: $10Expenses 2025: $120,331Net Income 2025: -$120,3212025

Highlighted filing

2019

Revenue$5,412,647
Expenses$6,312,713
Net Income-$900,066
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 4, 2020
Return Version
2019v5.0
Gross Receipts
$5,412,647
Mission and Program Overview

Mission

Title Holding Corporation For Real Property

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$104,400,000$104,900,000▲ $500,000
Cap Stk Tr Prin Current Funds$64,052,345$64,552,095▲ $499,750
Cash and Non-Interest-Bearing Accounts$617,189$874,756▲ $257,567
Accounts Receivable$583,347$535,973▼ $47,374
Prepaid Expenses and Deferred Charges$8,054$8,114▲ $60
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Rtn Earn Endowment Incm Other Fnds$-12,369,298$-12,073,693▲ $295,605
Total Assets$105,843,942$106,631,539▲ $787,597
Other Assets Total$235,352$312,696▲ $77,344
Liabilities
Mortgage Notes Payable Secured by Investment Property$53,712,556$53,750,461▲ $37,905
Accounts Payable and Accrued Expenses$294,990$296,965▲ $1,975
Other Liabilities$153,349$105,711▼ $47,638
Total Liabilities$54,160,895$54,153,137▼ $7,758
Net Assets / Fund Balance
Total Net Assets Fund Balance$51,683,047$52,478,402▲ $795,355
Total Liabilities and Net Assets / Fund Balance$105,843,942$106,631,539▲ $787,597

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$92,852,077-$92,852,077
Land$23,212,534-$23,212,534
Leasehold Improvements$608,230-$608,230
Other Land Buildings$-11,772,841-$-11,772,841
Compensation and Service Providers

Board Members and Trustees

NameTitle
See Supplemental InformationSee Supplementa

Highest Paid Contractors

ContractorServicesLocationCompensation
Core and Value Advisors LLCManagement4 Embarcadero Ctr 3300, San Francisco, CA 94111$494,875
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,412,647
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-900,066
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,312,713
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
Depreciation Depletion---$2,337,438
Interest---$1,927,905
All Other Expenses---$175,513
Other Expenses---$173,570
Insurance---$39,016
Total Functional Expenses$0$0$0$6,312,713
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$65,690
Rents received in advance$40,021
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

All management duties and management decision making of the taxpayer is delegated to Core and Value Advisors, LLC pursuant to the terms of certain management agreements.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Taxpayer is organized as a nonprofit corporation under the laws of the state of Delaware. Each stockholder of the taxpayer shall at all times be either (1) a qualified pension, profit-sharing or stock bonus plan that meets the requirements of Section 401(a) of the IRC; (2) a governmental plan (within the meaning of Section 414(d) of the Code); (3) the United States, any State or political subdivision thereof, or any agency or instrumentality of the foregoing; or (4) any organization described in Section 501(c)(3) of the Code. Taxpayer has only one class of stock and such class is entitled to vote or execute consents either in person or by agent or agents authorized by written proxy. Such class of stockholder is entitled to distributions of profits or a share of the net assets upon dissolution.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed annually prior to filing by an officer of the management company engaged by the taxpayer to manage the operations of the taxpayer. The return is then signed by a member of the taxpayer's governing body.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All employees of Core and Value Advisors, LLC, which includes the members of the taxpayer's governing body, are required to at least annually disclose and certify via an electronic reporting system that they have: received, read and understand all of the conflict of interest and other related policies and that understand and agree to conform with such policies.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The corporate bylaws of the taxpayer provide that no officers of the taxpayer shall receive any compensation. All voting members of the governing body are independent as detailed in Part VI, Section A, lines 1a and 1b above. The governing body insures that this policy and corporate bylaw is enforced and none of its members nor any officer or employee of the taxpayer receives any compensation from the taxpayer.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
MMM West Inc
EIN
81-2707764
Phone
4156583300
Address
4 Embarcadero Center Suite 3300, San Francisco, CA 94111

Signing Officer

Name
Breanna Staggs
Title
Treasurer
Signed
2020-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Breanna Staggs
Formed
2016
Legal Domicile
De
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Comyns Smith McCleary & Deaver LLP
Address
1777 Botelho Drive Suite 350, Walnut Creek, CA 94596
Preparer
Dan K Deaver
Phone
9252991040
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Form 990Part VII, Section AAs provided in the corporate bylaws of the taxpayer, all officers and directors of the taxpayer serve as such without compensation and, as a result, the taxpayer is precluded from paying any compensation to any of the following officers/directors.OFFICERS AND DIRECTORSDIRECTOR Albert J. JehleOFFICERSPresident Albert J. JehleVice President Mark D. CarlsonVice President Sol RasoVice President Daniel S. WeaverVice President Matthew JerryVice President Meghan ConcannonVice President & Secretary Douglas D. SturialeTreasurer Breanna Staggs

Other Changes In Net Assets Or Fund Balances - Other Increases

Contributions = $499750

Other Changes In Net Assets Or Fund Balances - Other Increases

Depreciation = $2337438

Other Changes In Net Assets Or Fund Balances - Other Decreases

Distributions of Earnings = -$1354000

Financial Statement Notes

Part X : FIN48 Footnote

The Trust has been classified as a qualified trust under Section 401(a) of the Internal Revenue Code (the Code) and is exempt under Section 501(a) of the Code. The Trust maintains interests in entities that generally, for tax purposes, are treated as a division of their sole member. For the entities not treated as a division of their sole member, income taxes are not considered in the accompanying combined consolidated financial statements since such taxes, if any, are the responsibility of the individual members. Additionally, the Trust includes title-holding companies that are classified as tax exempt under Code Section 501(c)(25) and related state income tax law. Accordingly, no provision for income taxes has been made in the accompanying combined consolidated financial statements. If an uncertain tax position were to be identified, the Trust would account for such in accordance with Accounting Standard Codification (ASC) Topic 740, Income Taxes.

Raw XML Appendix384 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/AccountsPayableAccrExpnssGrp/BOYAmt0294990
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0296965
IRS990/AccountsReceivableGrp/BOYAmt0583347
IRS990/AccountsReceivableGrp/EOYAmt0535973
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Title Holding Corporation For Real Property
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt0175513
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Breanna Staggs
IRS990/BooksInCareOfDetail/PhoneNum04156583300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04 Embarcadero Center Suite 3300
IRS990/BooksInCareOfDetail/USAddress/CityNm0San Francisco
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094111
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt064052345
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt064552095
IRS990/CashNonInterestBearingGrp/BOYAmt0617189
IRS990/CashNonInterestBearingGrp/EOYAmt0874756
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt0494875
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt04 Embarcadero Ctr 3300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0San Francisco
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd094111
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Core and Value Advisors LLC
IRS990/ContractorCompensationGrp/ServicesDesc0Management
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt06312713
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05412647
IRS990/CYRevenuesLessExpensesAmt0-900066
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt06312713
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05412647
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt02337438
IRS990/Desc0Title Holding Corporation for Real Property
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0See Supplemental Information
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0See Supplementa
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05412647
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt039016
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt01927905
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0104400000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0104900000
IRS990/LandBldgEquipCostOrOtherBssAmt0104900000
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Title Holding Corporation For Real Property
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt053712556
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt053750461
IRS990/NetAssetsOrFundBalancesBOYAmt051683047
IRS990/NetAssetsOrFundBalancesEOYAmt052478402
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0212233
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0235352
IRS990/OtherAssetsTotalGrp/EOYAmt0312696
IRS990/OtherChangesInNetAssetsAmt01483188
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Property taxes
IRS990/OtherExpensesGrp/Desc1Investment management
IRS990/OtherExpensesGrp/Desc2Common area maintenance
IRS990/OtherExpensesGrp/Desc3G&A
IRS990/OtherExpensesGrp/TotalAmt0700581
IRS990/OtherExpensesGrp/TotalAmt1494875
IRS990/OtherExpensesGrp/TotalAmt2463815
IRS990/OtherExpensesGrp/TotalAmt3173570
IRS990/OtherLiabilitiesGrp/BOYAmt0153349
IRS990/OtherLiabilitiesGrp/EOYAmt0105711
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08054
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08114
IRS990/PrincipalOfficerNm0Breanna Staggs
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1531120
IRS990/ProgramServiceRevenueGrp/Desc0Rent
IRS990/ProgramServiceRevenueGrp/Desc1Recoveries
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04340527
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11072120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04340527
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11072120
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt06046548
IRS990/PYProgramServiceRevenueAmt05644680
IRS990/PYRevenuesLessExpensesAmt0-401868
IRS990/PYTotalExpensesAmt06046548
IRS990/PYTotalRevenueAmt05644680
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-900066
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-12369298
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-12073693
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt092852077
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt092852077
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt023212534
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt023212534
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0608230
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0608230
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-11772841
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0-11772841
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt065690
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt140021
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rents received in advance
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Trust has been classified as a qualified trust under Section 401(a) of the Internal Revenue Code (the Code) and is exempt under Section 501(a) of the Code. The Trust maintains interests in entities that generally, for tax purposes, are treated as a division of their sole member. For the entities not treated as a division of their sole member, income taxes are not considered in the accompanying combined consolidated financial statements since such taxes, if any, are the responsibility of the individual members. Additionally, the Trust includes title-holding companies that are classified as tax exempt under Code Section 501(c)(25) and related state income tax law. Accordingly, no provision for income taxes has been made in the accompanying combined consolidated financial statements. If an uncertain tax position were to be identified, the Trust would account for such in accordance with Accounting Standard Codification (ASC) Topic 740, Income Taxes.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0104900000
IRS990ScheduleD/TotalLiabilityAmt0105711
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - Form 990Part VII, Section AAs provided in the corporate bylaws of the taxpayer, all officers and directors of the taxpayer serve as such without compensation and, as a result, the taxpayer is precluded from paying any compensation to any of the following officers/directors.OFFICERS AND DIRECTORSDIRECTOR Albert J. JehleOFFICERSPresident Albert J. JehleVice President Mark D. CarlsonVice President Sol RasoVice President Daniel S. WeaverVice President Matthew JerryVice President Meghan ConcannonVice President & Secretary Douglas D. SturialeTreasurer Breanna Staggs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All management duties and management decision making of the taxpayer is delegated to Core and Value Advisors, LLC pursuant to the terms of certain management agreements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Taxpayer is organized as a nonprofit corporation under the laws of the state of Delaware. Each stockholder of the taxpayer shall at all times be either (1) a qualified pension, profit-sharing or stock bonus plan that meets the requirements of Section 401(a) of the IRC; (2) a governmental plan (within the meaning of Section 414(d) of the Code); (3) the United States, any State or political subdivision thereof, or any agency or instrumentality of the foregoing; or (4) any organization described in Section 501(c)(3) of the Code. Taxpayer has only one class of stock and such class is entitled to vote or execute consents either in person or by agent or agents authorized by written proxy. Such class of stockholder is entitled to distributions of profits or a share of the net assets upon dissolution.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 is reviewed annually prior to filing by an officer of the management company engaged by the taxpayer to manage the operations of the taxpayer. The return is then signed by a member of the taxpayer's governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All employees of Core and Value Advisors, LLC, which includes the members of the taxpayer's governing body, are required to at least annually disclose and certify via an electronic reporting system that they have: received, read and understand all of the conflict of interest and other related policies and that understand and agree to conform with such policies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The corporate bylaws of the taxpayer provide that no officers of the taxpayer shall receive any compensation. All voting members of the governing body are independent as detailed in Part VI, Section A, lines 1a and 1b above. The governing body insures that this policy and corporate bylaw is enforced and none of its members nor any officer or employee of the taxpayer receives any compensation from the taxpayer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Contributions = $499750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Depreciation = $2337438
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Distributions of Earnings = -$1354000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0SBC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt1SBC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt2SBC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd1false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd2false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0475519973
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1813141562
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN2832392153
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd1false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd2false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1DE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd2DE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0Real Estate
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1Real Estate
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt2Real Estate
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0The Grand Sherman Oaks LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1Alta Sobo Station LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt2820 16th Street Investor LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt02525 E Camelback Road Suite 500
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt13715 Northside Parkway NW STE 4-600
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt24 Embarcadero Center Suite 3300
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0Phoeniz
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1Atlanta
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm2San Francisco
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1GA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd2CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd085016
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd130327
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd294111
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0See Attached Schedule
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04 Embarcadero Center Suite 3300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0San Francisco
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd094111
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0105843942
IRS990/TotalAssetsEOYAmt0106631539
IRS990/TotalAssetsGrp/BOYAmt0105843942
IRS990/TotalAssetsGrp/EOYAmt0106631539
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt06312713
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt054160895
IRS990/TotalLiabilitiesEOYAmt054153137
IRS990/TotalLiabilitiesGrp/BOYAmt054160895
IRS990/TotalLiabilitiesGrp/EOYAmt054153137
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt051683047
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt052478402
IRS990/TotalProgramServiceRevenueAmt05412647
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05412647
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05412647
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0105843942
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0106631539
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Breanna Staggs
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MMM West Inc
ReturnHeader/Filer/BusinessNameControlTxt0MMMW
ReturnHeader/Filer/EIN0812707764
ReturnHeader/Filer/PhoneNum04156583300
ReturnHeader/Filer/USAddress/AddressLine1Txt04 Embarcadero Center Suite 3300
ReturnHeader/Filer/USAddress/CityNm0San Francisco
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094111
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680307221
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Comyns Smith McCleary & Deaver LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01777 Botelho Drive Suite 350
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Walnut Creek
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094596
ReturnHeader/PreparerPersonGrp/PhoneNum09252991040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dan K Deaver
ReturnHeader/ReturnTs02020-05-04T14:57:36-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings