Civic Intelligence

Tmt Bear Creek Shopping Center Inc

EIN 94-3293530 • 501(c)25 • San Francisco, CA

Profile

Title Holding Corporation For Real Property

4 Embarcadero Center Suite 3300San Francisco, CA 94111

n/A

Siviq Scores

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

Liabilities / Assets

70th percentile

0.41x

Higher debt load relative to assets than 70% of similar nonprofits.

$50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

6.20x

Higher debt load relative to revenue than 93% of similar nonprofits.

$50M-$100M nonprofits • Source year 2025

Net Margin

57th percentile

9.3%

Higher net margin than 57% of similar nonprofits.

$50M-$100M nonprofits • Source year 2025

Top Officer Pay

16th percentile

$0

Higher top officer pay than 16% of similar nonprofits.

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

$50M-$100M nonprofits • Source year 2025

Asset Growth

42nd percentile

3.5%

Faster asset growth than 42% of similar nonprofits.

$50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

23rd percentile

-2.6%

Faster revenue growth than 23% of similar nonprofits.

$50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Up

$75,703,729

Up $2,577,036 (+3.5%) from 2024

Liabilities

Up

$31,283,893

Up $191,948 (+0.6%) from 2024

Net Assets

Up

$44,419,836

Up $2,385,088 (+5.7%) from 2024

Revenue

Down

$5,041,791

Down $136,366 (-2.6%) from 2024

Expenses

Down

$4,572,248

Down $178,620 (-3.8%) from 2024

Net Income

Up

$469,543

Up $42,254 (+9.9%) from 2024

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $33,645,512Liabilities 2010: $12,149,927Net Assets 2010: $21,495,5852010Assets 2011: $39,393,814Liabilities 2011: $12,315,985Net Assets 2011: $27,077,8292011Assets 2012: $48,085,306Liabilities 2012: $19,275,290Net Assets 2012: $28,810,0162012Assets 2013: $60,236,923Liabilities 2013: $19,455,926Net Assets 2013: $40,780,9972013Assets 2014: $61,532,973Liabilities 2014: $19,355,007Net Assets 2014: $42,177,9662014Assets 2015: $62,879,521Liabilities 2015: $19,288,416Net Assets 2015: $43,591,1052015Assets 2016: $69,990,878Liabilities 2016: $19,189,039Net Assets 2016: $50,801,8392016Assets 2017: $73,373,471Liabilities 2017: $19,354,293Net Assets 2017: $54,019,1782017Assets 2018: $74,473,437Liabilities 2018: $19,303,360Net Assets 2018: $55,170,0772018Assets 2019: $72,618,136Liabilities 2019: $19,117,578Net Assets 2019: $53,500,5582019Assets 2020: $68,355,026Liabilities 2020: $19,166,548Net Assets 2020: $49,188,4782020Assets 2021: $68,531,245Liabilities 2021: $19,257,930Net Assets 2021: $49,273,3152021Assets 2022: $76,597,655Liabilities 2022: $31,338,937Net Assets 2022: $45,258,7182022Assets 2023: $75,221,662Liabilities 2023: $31,050,601Net Assets 2023: $44,171,0612023Assets 2024: $73,126,693Liabilities 2024: $31,091,945Net Assets 2024: $42,034,7482024Assets 2025: $75,703,729Liabilities 2025: $31,283,893Net Assets 2025: $44,419,8362025

Highlighted filing

2025

Assets$75,703,729
Liabilities$31,283,893
Net Assets$44,419,836

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2010: $2,466,9622010Expenses 2011: $2,262,2072011Expenses 2012: $2,391,1252012Revenue 2013: $3,758,849Expenses 2013: $2,522,529Net Income 2013: $1,236,3202013Revenue 2014: $3,799,512Expenses 2014: $2,535,590Net Income 2014: $1,263,9222014Revenue 2015: $3,876,623Expenses 2015: $2,659,094Net Income 2015: $1,217,5292015Revenue 2016: $3,828,959Expenses 2016: $2,638,118Net Income 2016: $1,190,8412016Revenue 2017: $3,905,899Expenses 2017: $2,854,217Net Income 2017: $1,051,6822017Revenue 2018: $3,855,148Expenses 2018: $2,960,546Net Income 2018: $894,6022018Revenue 2019: $4,350,004Expenses 2019: $2,936,635Net Income 2019: $1,413,3692019Revenue 2020: $4,284,316Expenses 2020: $3,109,308Net Income 2020: $1,175,0082020Revenue 2021: $4,085,034Expenses 2021: $3,010,241Net Income 2021: $1,074,7932021Revenue 2022: $4,608,927Expenses 2022: $3,468,636Net Income 2022: $1,140,2912022Revenue 2023: $5,044,760Expenses 2023: $4,574,121Net Income 2023: $470,6392023Revenue 2024: $5,178,157Expenses 2024: $4,750,868Net Income 2024: $427,2892024Revenue 2025: $5,041,791Expenses 2025: $4,572,248Net Income 2025: $469,5432025

Highlighted filing

2025

Revenue$5,041,791
Expenses$4,572,248
Net Income$469,543

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$75.7$31.3$44.4$5.04$4.57$0.47
2024Detailed filing. Detailed filing data is available for this year.$73.1$31.1$42.0$5.18$4.75$0.43
2023Detailed filing. Detailed filing data is available for this year.$75.2$31.1$44.2$5.04$4.57$0.47
2022Detailed filing. Detailed filing data is available for this year.$76.6$31.3$45.3$4.61$3.47$1.14
2021Detailed filing. Detailed filing data is available for this year.$68.5$19.3$49.3$4.09$3.01$1.07
2020Detailed filing. Detailed filing data is available for this year.$68.4$19.2$49.2$4.28$3.11$1.18
2019Detailed filing. Detailed filing data is available for this year.$72.6$19.1$53.5$4.35$2.94$1.41
2018Detailed filing. Detailed filing data is available for this year.$74.5$19.3$55.2$3.86$2.96$0.89
2017Detailed filing. Detailed filing data is available for this year.$73.4$19.4$54.0$3.91$2.85$1.05
2016Detailed filing. Detailed filing data is available for this year.$70.0$19.2$50.8$3.83$2.64$1.19
2015Detailed filing. Detailed filing data is available for this year.$62.9$19.3$43.6$3.88$2.66$1.22
2014Detailed filing. Detailed filing data is available for this year.$61.5$19.4$42.2$3.80$2.54$1.26
2013Detailed filing. Detailed filing data is available for this year.$60.2$19.5$40.8$3.76$2.52$1.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.1$19.3$28.8$2.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.4$12.3$27.1$2.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.6$12.1$21.5$2.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Apr 9, 2026
Return Version
2025v4.1
Gross Receipts
$5,041,791
Mission and Program Overview

Mission

Title Holding Corporation For Real Property

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$72,546,301$75,425,253▲ $2,878,952
Rtn Earn Endowment Incm Other Fnds$38,867,347$40,918,547▲ $2,051,200
Cap Stk Tr Prin Current Funds$3,167,401$3,501,289▲ $333,888
Accounts Receivable$71,071$78,721▲ $7,650
Cash and Non-Interest-Bearing Accounts$322,326$58,229▼ $264,097
Prepaid Expenses and Deferred Charges$9,721$9,719▼ $2
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-
Total Assets$73,126,693$75,703,729▲ $2,577,036
Other Assets Total$177,274$131,807▼ $45,467
Liabilities
Mortgage Notes Payable Secured by Investment Property$30,768,812$30,860,369▲ $91,557
Accounts Payable and Accrued Expenses$207,683$284,984▲ $77,301
Other Liabilities$115,450$138,540▲ $23,090
Total Liabilities$31,091,945$31,283,893▲ $191,948
Net Assets / Fund Balance
Total Net Assets Fund Balance$42,034,748$44,419,836▲ $2,385,088
Total Liabilities and Net Assets / Fund Balance$73,126,693$75,703,729▲ $2,577,036

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$44,569,902-$44,569,902
Leasehold Improvements$11,265,568-$11,265,568
Buildings$11,091,713-$11,091,713
Land$8,498,070-$8,498,070
Compensation and Service Providers

Board Members and Trustees

NameTitle
See Supplemental InformationSee Supplementa

Highest Paid Contractors

ContractorServicesLocationCompensation
King County TreasuryProperty Taxes201 S Jackson St 710, Seattle, WA 98104$582,833
Core and Value Advisors LLCManagement4 Embarcadero Ctr Ste 3300, Sf, CA 94111$447,956
JSH Properties IncProperty Management7325 166th Ave NE Ste F260, Redmond, WA 98052$236,118
Tci INCRepairs and Maintenance13500 Bel-Red Road Suite 9, Bellevue, WA 98005$161,099
City of RedmondUtitliyPO Box 3745, Seattle, WA 98124-3745$149,411
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,041,791
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$469,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,572,248
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---$1,988,784
Depreciation Depletion---$557,918
All Other Expenses---$481,114
Other Expenses---$171,659
Insurance---$68,104
Total Functional Expenses$0$0$0$4,572,248
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$122,768
Deferred Income$15,772
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, Section A, Line 3

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, Section A, Line 6

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, Section B, Line 11B

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, Section B, Line 12C

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, Section B, Line 15B

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, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
TMT Bear Creek Shopping Center Inc
EIN
94-3293530
Phone
4156583300
Address
4 Embarcadero Center Suite 3300, San Francisco, CA 94111

Signing Officer

Name
Drew Stepanek
Title
Director
Signed
2026-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Drew Stepanek
Formed
1998
Legal Domicile
De
Voting Board Members
18
Independent Board Members
18
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

Form 990, Part IX, Line 24E

Property Management: Column (A) - Total = $152881; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

G&A expenses: Column (A) - Total = $111276; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Janitorial: Column (A) - Total = $71504; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Landscaping: Column (A) - Total = $54387; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Other Operating: Column (A) - Total = $43507; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Security: Column (A) - Total = $22915; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Miscellaneous: Column (A) - Total = $17388; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Repairs & Maintenance: Column (A) - Total = $7256; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part XI, Line 9

Depreciation = $557918

Form 990, Part XI, Line 9

Contributions = $333888

Form 990, Part XI, Line 9

Distribution of earnings = -$1628000

Form 990, Part XI, Line 9

Unrealized Gain/loss Derivatives LP = -$1960

Statement 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 Drew StepanekOFFICERSPresident Drew StepanekVP Sol A. Raso Mark D. Carlson Darik Afshani Daniel S. Weaver Brian Bill Matthew P. Jerry Elizabeth Kirley David Nix Meghan Concannon Anna Chu Bianca Tabourn Albert J. Jehle Joel Sasser Meghan Finneran Stephanie Chrisman Vice President & Secretary Douglas SturialeTreasurer Eileen Tongson

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 from taxation under Section 501(a) of the Code. The Trust includes interests in single member limited liability companies that generally, for tax purposes, are treated as divisions of their sole member. Additionally, the Trust includes title-holding companies that are classified as tax exempt under Code Sections 501(c)(2) and 501(c)(25) and related state income tax law. The Trust is subject to income taxes on any net income that is derived from a trade or business, regularly carried on, and not in furtherance of the purpose for which it was granted exemption. No income tax provision has been recorded as the net income, if any, from any unrelated trade or business and, in the opinion of management, is not material to the combined financial statements taken as a whole. The Trust adopted the provisions of Accounting Standards Codification (ASC) Topic 740, Income Taxes, which prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and provides guidance on derecognition, classification, interest and penalties, disclosure, and transition. Management believes that no such uncertain tax positions exist requiring accrual or disclosure as of December 31, 2025 or 2024.

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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/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05041791
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt068104
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt01988784
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt072546301
IRS990/LandBldgEquipBasisNetGrp/EOYAmt075425253
IRS990/LandBldgEquipCostOrOtherBssAmt075425253
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/BOYAmt030768812
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt030860369
IRS990/NetAssetsOrFundBalancesBOYAmt042034748
IRS990/NetAssetsOrFundBalancesEOYAmt044419836
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02653699
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0177274
IRS990/OtherAssetsTotalGrp/EOYAmt0131807
IRS990/OtherChangesInNetAssetsAmt0-738154
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Real Estate Tax
IRS990/OtherExpensesGrp/Desc1Investment management fees
IRS990/OtherExpensesGrp/Desc2Building Repairs & Maint
IRS990/OtherExpensesGrp/Desc3Utilities
IRS990/OtherExpensesGrp/TotalAmt0584333
IRS990/OtherExpensesGrp/TotalAmt1447956
IRS990/OtherExpensesGrp/TotalAmt2272380
IRS990/OtherExpensesGrp/TotalAmt3171659
IRS990/OtherLiabilitiesGrp/BOYAmt0115450
IRS990/OtherLiabilitiesGrp/EOYAmt0138540
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/BOYAmt09721
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09719
IRS990/PrincipalOfficerNm0Drew Stepanek
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1531120
IRS990/ProgramServiceRevenueGrp/Desc0Rent
IRS990/ProgramServiceRevenueGrp/Desc1Recoveries
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03945364
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11096427
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03945364
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11096427
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt04750868
IRS990/PYProgramServiceRevenueAmt05178157
IRS990/PYRevenuesLessExpensesAmt0427289
IRS990/PYTotalExpensesAmt04750868
IRS990/PYTotalRevenueAmt05178157
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0469543
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt038867347
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt040918547
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt011091713
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011091713
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt08498070
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08498070
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011265568
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011265568
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044569902
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt044569902
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0122768
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115772
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Income
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 from taxation under Section 501(a) of the Code. The Trust includes interests in single member limited liability companies that generally, for tax purposes, are treated as divisions of their sole member. Additionally, the Trust includes title-holding companies that are classified as tax exempt under Code Sections 501(c)(2) and 501(c)(25) and related state income tax law. The Trust is subject to income taxes on any net income that is derived from a trade or business, regularly carried on, and not in furtherance of the purpose for which it was granted exemption. No income tax provision has been recorded as the net income, if any, from any unrelated trade or business and, in the opinion of management, is not material to the combined financial statements taken as a whole. The Trust adopted the provisions of Accounting Standards Codification (ASC) Topic 740, Income Taxes, which prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and provides guidance on derecognition, classification, interest and penalties, disclosure, and transition. Management believes that no such uncertain tax positions exist requiring accrual or disclosure as of December 31, 2025 or 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt075425253
IRS990ScheduleD/TotalLiabilityAmt0138540
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All 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/ExplanationTxt1Taxpayer 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/ExplanationTxt2Form 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/ExplanationTxt3All 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/ExplanationTxt4The 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/ExplanationTxt5No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Property Management: Column (A) - Total = $152881; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7G&A expenses: Column (A) - Total = $111276; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Janitorial: Column (A) - Total = $71504; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Landscaping: Column (A) - Total = $54387; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Other Operating: Column (A) - Total = $43507; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Security: Column (A) - Total = $22915; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Miscellaneous: Column (A) - Total = $17388; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Repairs & Maintenance: Column (A) - Total = $7256; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Depreciation = $557918
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Contributions = $333888
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Distribution of earnings = -$1628000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Unrealized Gain/loss Derivatives LP = -$1960
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Form 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 Drew StepanekOFFICERSPresident Drew StepanekVP Sol A. Raso Mark D. Carlson Darik Afshani Daniel S. Weaver Brian Bill Matthew P. Jerry Elizabeth Kirley David Nix Meghan Concannon Anna Chu Bianca Tabourn Albert J. Jehle Joel Sasser Meghan Finneran Stephanie Chrisman Vice President & Secretary Douglas SturialeTreasurer Eileen Tongson
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 B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Statement Note 1
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0See Schedule Attached
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/TotalAssetsBOYAmt073126693
IRS990/TotalAssetsEOYAmt075703729
IRS990/TotalAssetsGrp/BOYAmt073126693
IRS990/TotalAssetsGrp/EOYAmt075703729
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04572248
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031091945
IRS990/TotalLiabilitiesEOYAmt031283893
IRS990/TotalLiabilitiesGrp/BOYAmt031091945
IRS990/TotalLiabilitiesGrp/EOYAmt031283893
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt042034748
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt044419836
IRS990/TotalProgramServiceRevenueAmt05041791
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05041791
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05041791
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt073126693
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt075703729
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Drew Stepanek
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-04-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TMT Bear Creek Shopping Center Inc
ReturnHeader/Filer/BusinessNameControlTxt0TMTB
ReturnHeader/Filer/EIN0943293530
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/ReturnTs02026-04-09T13:26:48-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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