Civic Intelligence

Knickerbocker Properties Inc XII

990 • Fiscal year 2024 • EIN 91-1656953

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 28, 2025

Refreshing map…

1201 Third Avenue Suite 3000Seattle, WA 98101

(206) 623-4739

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2024 filings • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.10x

Higher debt load relative to revenue than 26% of similar nonprofits.

2024 filings • $100M-$250M nonprofits • Source year 2024

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2024 filings • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2024 filings • $100M-$250M nonprofits • Source year 2024

Asset Growth

3rd percentile

-16%

Faster asset growth than 3% of similar nonprofits.

2024 filings • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

24%

Faster revenue growth than 73% of similar nonprofits.

2024 filings • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Down

$192,341,875

Down $36,255,171 (-16%) from 2023

Net Assets

Down

$191,436,295

Down $35,572,236 (-16%) from 2023

Liabilities

Down

$905,580

Down $682,935 (-43%) from 2023

Revenue

Up

$9,116,237

Up $1,741,762 (+24%) from 2023

Expenses

Flat

$0

Flat from 2023

Net Income

Up

$9,116,237

Up $1,741,762 (+24%) from 2023

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2011: $78,731,528Liabilities 2011: $701,890Net Assets 2011: $78,029,6382011Assets 2012: $70,670,750Liabilities 2012: $1,216,058Net Assets 2012: $69,454,6922012Assets 2013: $71,869,577Liabilities 2013: $472,132Net Assets 2013: $71,397,4452013Assets 2014: $72,331,633Liabilities 2014: $457,330Net Assets 2014: $71,874,3032014Assets 2015: $76,857,181Liabilities 2015: $374,370Net Assets 2015: $76,482,8112015Assets 2016: $86,676,710Liabilities 2016: $634,077Net Assets 2016: $86,042,6332016Assets 2017: $94,929,059Liabilities 2017: $524,736Net Assets 2017: $94,404,3232017Assets 2018: $104,966,937Liabilities 2018: $578,434Net Assets 2018: $104,388,5032018Assets 2019: $115,286,792Liabilities 2019: $587,849Net Assets 2019: $114,698,9432019Assets 2020: $123,095,764Liabilities 2020: $1,192,728Net Assets 2020: $121,903,0362020Assets 2021: $151,688,804Liabilities 2021: $770,852Net Assets 2021: $150,917,9522021Assets 2022: $230,881,125Liabilities 2022: $653,303Net Assets 2022: $230,227,8222022Assets 2023: $228,597,046Liabilities 2023: $1,588,515Net Assets 2023: $227,008,5312023Assets 2024: $192,341,875Liabilities 2024: $905,580Net Assets 2024: $191,436,2952024

Highlighted filing

2024

Assets$192,341,875
Liabilities$905,580
Net Assets$191,436,295

Operations Trend

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

$15M$10M$5.0M$0Revenue 2011: $11,833,601Expenses 2011: $0Net Income 2011: $11,833,6012011Revenue 2012: $11,318,617Expenses 2012: $0Net Income 2012: $11,318,6172012Revenue 2013: $4,841,026Expenses 2013: $0Net Income 2013: $4,841,0262013Revenue 2014: $4,182,803Expenses 2014: $0Net Income 2014: $4,182,8032014Revenue 2015: $5,137,125Expenses 2015: $0Net Income 2015: $5,137,1252015Revenue 2016: $4,768,370Expenses 2016: $0Net Income 2016: $4,768,3702016Revenue 2017: $5,295,041Expenses 2017: $0Net Income 2017: $5,295,0412017Revenue 2018: $5,895,351Expenses 2018: $0Net Income 2018: $5,895,3512018Revenue 2019: $6,234,636Expenses 2019: $0Net Income 2019: $6,234,6362019Revenue 2020: $6,084,356Expenses 2020: $0Net Income 2020: $6,084,3562020Revenue 2021: $6,435,967Expenses 2021: $0Net Income 2021: $6,435,9672021Revenue 2022: $7,231,419Expenses 2022: $0Net Income 2022: $7,231,4192022Revenue 2023: $7,374,475Expenses 2023: $0Net Income 2023: $7,374,4752023Revenue 2024: $9,116,237Expenses 2024: $0Net Income 2024: $9,116,2372024

Highlighted filing

2024

Revenue$9,116,237
Expenses$0
Net Income$9,116,237
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 28, 2025
Return Version
2023v6.0
Gross Receipts
$11,075,310
Mission and Program Overview

Mission

Pension benefit organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$227,100,000$190,500,000▼ $36,600,000
Rtn Earn Endowment Incm Other Fnds$166,773,706$139,302,720▼ $27,470,986
Pd in Cap Srpls Land Bldg Eqp Fund$60,234,325$52,133,075▼ $8,101,250
Cash and Non-Interest-Bearing Accounts$1,367,545$1,641,277▲ $273,732
Accounts Receivable$102,308$175,078▲ $72,770
Prepaid Expenses and Deferred Charges$27,193$25,520▼ $1,673
Cap Stk Tr Prin Current Funds$500$500→ $0
Total Assets$228,597,046$192,341,875▼ $36,255,171
Liabilities
Other Liabilities$928,791$0▼ $928,791
Deferred Revenue$240,727$420,419▲ $179,692
Accounts Payable and Accrued Expenses$244,042$310,206▲ $66,164
Escrow Account Liability$174,955$174,955→ $0
Total Liabilities$1,588,515$905,580▼ $682,935
Net Assets / Fund Balance
Total Net Assets Fund Balance$227,008,531$191,436,295▼ $35,572,236
Total Liabilities and Net Assets / Fund Balance$228,597,046$192,341,875▼ $36,255,171

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$181,041,907--
Land$9,458,093--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy PricePresident
Mark ReinikkaVice President
Matthew SargentVice President
Steve ReentsVice President
David C GillanDirector
Margaret AndriolaDirector
Thomas K LeeDirector
Ian SilverAssistant Secretary
Rhona J KischSecretary
Jamie MccueTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Diversified Construction TechnologiesConstruction Services8340 VICKERS ST SUITE K, San Diego, CA 92111$672,612
Red Pointe RoofingRoofing Services1814 N NEVILLE ST, Orange, CA 92865$534,059
Cbre INCManagement ServicesPO BOX 848844, Los Angeles, CA 90088$248,963
Champion Paving INCAsphalt Construction1175 N VAN HORNE WAY, Anaheim, CA 92806$192,480
Allied Grading & PavingAsphalt Construction31125 SCOTT RD, Winchester, CA 92596$154,131
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$9,116,237
Change in Net Assets
$9,116,237

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,116,237
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-34,628,150
Total Revenue per Audited Statements
$-25,511,913
Total Revenue per Form 990
$9,116,237
Expenses and Functional Allocation

Major Expense Lines

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

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Form 990$1,959,073
Total Expenses per Audited Statements$1,959,073
Expenses Not Reported on Financial Statements$0
Expenses per Audited Statements$0
Total Expenses per Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization delegates management responsibility to bengallgreenoak (us) lp.

Form 990, Part VI, Section A, Line 6

The organization's governing body is comprised of officers and directors. The directors were elected under the by-laws of the organization. All officers are appointed by the organization's directors. All officers and directors act to carry out the business of the organization. Subject to the by-laws, the sole member, nys teacher's retirement system (nystrs), may veto or confirm decisions made by the organization's officers.

Form 990, Part VI, Section A, Line 7A

See explanation for part vi, section a, line 6.

Form 990, Part VI, Section A, Line 7B

See explanation for part vi, section a, line 6.

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

The officers of the organization are responsible to review the form 990 prior to filing. The new york state teacher's retirement system receives a copy of the filed form 990.

Form 990, Part VI, Section B, Line 12C

The organization's conflict of interest policy is the sole responsibility of nystrs. The nystrs code of ethics requires that employees review and sign an annual disclosure statement with human resources by january 10 of each year. Any potential conflicts of itnterest, including elected positions, business holdings, investment interests, etc. Of employees or their spouse, dependent, or member of household must be disclosed.

Form 990, Part VI, Section C, Line 18

The pension benefit organization makes the documents referenced in questions 18 and 19 available upon request to the public.

Form 990, Part VI, Section C, Line 19

See explanation for part vi, section c, line 18.

FORM 990, PART VII, SECTION A:

Nys teachers retirement system (nystrs) is a section 401(a) trust that is related to knickerbocker properties, inc xii (xii), and xii' three directors are employed by nystrs. The organization's three directors are thomas lee, executive director and cio of nystrs; david c gillan, managing director of real estate at nystrs; and margaret andriola, nystrs chief financial officer. As part of the annual tax compliance process, xii asked nystrs for the compensation information for these three individuals who are employed by the nystrs. Xii made reasonable efforts to obtain compensation information and requests were made both in writing and via phone calls. Xii was unable to obtain the compensation information from nystrs and is unable to provide a reasonable estimate of this information.

Filing and Contact Details

Filer

Filer Name
Knickerbocker Properties Inc Xii
EIN
91-1656953
Phone
2066234739
Address
1201 THIRD AVENUE SUITE 3000, SEATTLE, WA 98101

Signing Officer

Name
Jamie Mccue
Title
Treasurer
Phone
2066234739
Signed
2025-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Price
Formed
1994
Legal Domicile
De
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Advisory LLC
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Lori Rothe Yokobosky
Phone
9732283500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Distributions -8,101,250.

Financial Statement Notes

PART IV, LINE 2B:

The organization holds security deposit as required by state law.

PART X, LINE 2:

The advisory account follows the authoritative guidance for uncertainty in income taxes. This guidance requires the advisory account to recognize a tax benefit from an uncertain position only if it is more likely than not that the position is sustainable, based solely on its technical merits and consideration of the relevant taxing authorities widely understood administrative practices and precedents. If this threshold is met, the advisory account should measure the tax benefit as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. No accrual was deemed necessary at june 30, 2024. The company is subject to filing requirements in the u.s. And various state jurisdictions. The u.s. Federal and state corporate tax returns have open statutes of limitations for the 2019 and subsequent tax years as of june 30, 2024.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 1,959,073.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 1,959,073.

Raw XML AppendixShowing 400 of 715 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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IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0227100000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0190500000
IRS990/LandBldgEquipCostOrOtherBssAmt0190500000
IRS990/LegalDomicileStateCd0DE
IRS990/LessRentalExpensesGrp/RealAmt01959073
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PENSION BENEFIT ORGANIZATION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0227008531
IRS990/NetAssetsOrFundBalancesEOYAmt0191436295
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt09116237
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt09116237
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-36587223
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-8101250
IRS990/OtherLiabilitiesGrp/BOYAmt0928791
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt060234325
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt052133075
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027193
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025520
IRS990/PrincipalOfficerNm0AMY PRICE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt07374475
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt07374475
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07374475
IRS990/ReconcilationRevenueExpnssAmt09116237
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt09116237
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0166773706
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0139302720
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0181041907
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0181041907
IRS990ScheduleD/ExpensesNotReportedAmt01959073
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt09458093
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt09458093
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-36587223
IRS990ScheduleD/OtherExpensesIncludedAmt01959073
IRS990ScheduleD/OtherRevenueAmt01959073
IRS990ScheduleD/RevenueNotReportedAmt0-34628150
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09116237
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS SECURITY DEPOSIT AS REQUIRED BY STATE LAW.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ADVISORY ACCOUNT FOLLOWS THE AUTHORITATIVE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE REQUIRES THE ADVISORY ACCOUNT TO RECOGNIZE A TAX BENEFIT FROM AN UNCERTAIN POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION IS SUSTAINABLE, BASED SOLELY ON ITS TECHNICAL MERITS AND CONSIDERATION OF THE RELEVANT TAXING AUTHORITIES WIDELY UNDERSTOOD ADMINISTRATIVE PRACTICES AND PRECEDENTS. IF THIS THRESHOLD IS MET, THE ADVISORY ACCOUNT SHOULD MEASURE THE TAX BENEFIT AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. NO ACCRUAL WAS DEEMED NECESSARY AT JUNE 30, 2024. THE COMPANY IS SUBJECT TO FILING REQUIREMENTS IN THE U.S. AND VARIOUS STATE JURISDICTIONS. THE U.S. FEDERAL AND STATE CORPORATE TAX RETURNS HAVE OPEN STATUTES OF LIMITATIONS FOR THE 2019 AND SUBSEQUENT TAX YEARS AS OF JUNE 30, 2024.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 1,959,073.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RENTAL EXPENSES 1,959,073.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0190500000
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalRevenuePerForm990Amt09116237
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-25511913
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01959073
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATES MANAGEMENT RESPONSIBILITY TO BENGALLGREENOAK (US) LP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING BODY IS COMPRISED OF OFFICERS AND DIRECTORS. THE DIRECTORS WERE ELECTED UNDER THE BY-LAWS OF THE ORGANIZATION. ALL OFFICERS ARE APPOINTED BY THE ORGANIZATION'S DIRECTORS. ALL OFFICERS AND DIRECTORS ACT TO CARRY OUT THE BUSINESS OF THE ORGANIZATION. SUBJECT TO THE BY-LAWS, THE SOLE MEMBER, NYS TEACHER'S RETIREMENT SYSTEM (NYSTRS), MAY VETO OR CONFIRM DECISIONS MADE BY THE ORGANIZATION'S OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SEE EXPLANATION FOR PART VI, SECTION A, LINE 6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEE EXPLANATION FOR PART VI, SECTION A, LINE 6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE OFFICERS OF THE ORGANIZATION ARE RESPONSIBLE TO REVIEW THE FORM 990 PRIOR TO FILING. THE NEW YORK STATE TEACHER'S RETIREMENT SYSTEM RECEIVES A COPY OF THE FILED FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS THE SOLE RESPONSIBILITY OF NYSTRS. THE NYSTRS CODE OF ETHICS REQUIRES THAT EMPLOYEES REVIEW AND SIGN AN ANNUAL DISCLOSURE STATEMENT WITH HUMAN RESOURCES BY JANUARY 10 OF EACH YEAR. ANY POTENTIAL CONFLICTS OF ITNTEREST, INCLUDING ELECTED POSITIONS, BUSINESS HOLDINGS, INVESTMENT INTERESTS, ETC. OF EMPLOYEES OR THEIR SPOUSE, DEPENDENT, OR MEMBER OF HOUSEHOLD MUST BE DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PENSION BENEFIT ORGANIZATION MAKES THE DOCUMENTS REFERENCED IN QUESTIONS 18 AND 19 AVAILABLE UPON REQUEST TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SEE EXPLANATION FOR PART VI, SECTION C, LINE 18.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NYS TEACHERS RETIREMENT SYSTEM (NYSTRS) IS A SECTION 401(A) TRUST THAT IS RELATED TO KNICKERBOCKER PROPERTIES, INC XII (XII), AND XII' THREE DIRECTORS ARE EMPLOYED BY NYSTRS. THE ORGANIZATION'S THREE DIRECTORS ARE THOMAS LEE, EXECUTIVE DIRECTOR AND CIO OF NYSTRS; DAVID C GILLAN, MANAGING DIRECTOR OF REAL ESTATE AT NYSTRS; AND MARGARET ANDRIOLA, NYSTRS CHIEF FINANCIAL OFFICER. AS PART OF THE ANNUAL TAX COMPLIANCE PROCESS, XII ASKED NYSTRS FOR THE COMPENSATION INFORMATION FOR THESE THREE INDIVIDUALS WHO ARE EMPLOYED BY THE NYSTRS. XII MADE REASONABLE EFFORTS TO OBTAIN COMPENSATION INFORMATION AND REQUESTS WERE MADE BOTH IN WRITING AND VIA PHONE CALLS. XII WAS UNABLE TO OBTAIN THE COMPENSATION INFORMATION FROM NYSTRS AND IS UNABLE TO PROVIDE A REASONABLE ESTIMATE OF THIS INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DISTRIBUTIONS -8,101,250.
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 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VII, SECTION A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd20
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd30
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0862512503
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1452538607
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN2133834107
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN3320538422
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd20
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd30
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0PENSION ORG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1PENSION ORG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt2PENSION ORG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt3PENSION ORG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0KNICKERBOCKER COLD STORAGE LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1MERRIT 7 INVESTORS LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt2MERRIT 7 VENTURES LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt3RSQ TOWER LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0399 PARK AVENUE FL 18
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt1230 PARK AVENUE 12TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt2230 PARK AVENUE 12TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt3230 PARK AVENUE 12TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm2NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm3NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd3NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd010022
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd110169
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd210169
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd310169
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd180
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd190
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NYSTRS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NYSTRS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NYSTRS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3NYSTRS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4NYSTRS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5NYSTRS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6NYSTRS

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$192$0.91$191$9.12$0.00$9.12
2023Summary only. Only limited summary data is available for this year.$229$1.59$227$7.37$0.00$7.37
2022Summary only. Only limited summary data is available for this year.$231$0.65$230$7.23$0.00$7.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$152$0.77$151$6.44$0.00$6.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$123$1.19$122$6.08$0.00$6.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$0.59$115$6.23$0.00$6.23
2018Summary only. Only limited summary data is available for this year.$105$0.58$104$5.90$0.00$5.90
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$94.9$0.52$94.4$5.30$0.00$5.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$86.7$0.63$86.0$4.77$0.00$4.77
2015Detailed filing. Detailed filing data is available for this year.$76.9$0.37$76.5$5.14$0.00$5.14
2014Summary only. Only limited summary data is available for this year.$72.3$0.46$71.9$4.18$0.00$4.18
2013Summary only. Only limited summary data is available for this year.$71.9$0.47$71.4$4.84$0.00$4.84
2012Summary only. Only limited summary data is available for this year.$70.7$1.22$69.5$11.3$0.00$11.3
2011Summary only. Only limited summary data is available for this year.$78.7$0.70$78.0$11.8$0.00$11.8
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)25 • $100M-$250M nonprofits