2024-11-15T07:44:45-06:00 2023-12-31 231392502 DUANE MORRIS LLP 30 S 17TH STREET PHILADELPHIA PA 191034196 990 2023-01-01 363922504 KEYSTONE-FLORIDA PROPERTY HOLDING CORP KEYS 6102656400 5 N 5TH STREET HARRISBURG PA 171011905 OJAS DESAI SECRETARY/TREASURER 6102656400 2024-11-13 1 0 BARBARA RUTH-COOK P01066743 2159791640 2024-11-13 2023 2024-10-15 13:58:12Z OJAS DESAI 5 N 5TH STREET HARRISBURG PA 171011905 15706512 0 X N/A X 1993 FL THE COMPANY SERVICES AS A TITLE HOLDING COMPANY FOR THE BENEFIT OF THE COMMONWEALTH OF PENNSYLVANIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM, A TAX EXEMPT PENSION FUND WHICH MEETS THE REQUIREMENTS OF SEC. 401(A). 3 0 0 0 0 0 0 0 15745746 15448858 64332 151541 136718 106113 15946796 15706512 0 0 0 0 0 0 0 0 0 14451959 15001011 14451959 15001011 1494837 705501 123794516 127872415 1773509 2211914 122021007 125660501 X KEYSTONE - FLORIDA PROPERTY HOLDING COMPANY IS A SEC 501(C)(25) ORGANIZATION WHICH SERVES AS A TITLE HOLDING COMPANY FOR THE BENEFIT OF THE COMMONWEALTH OF PENNSYLVANIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM, A TAX EXEMPT PENSION FUND WHICH MEETS THE REQUIREMENTS OF SEC 401(A). 0 0 12905532 15554971 THE COMPANY SERVES AS A TITLE HOLDING COMPANY FOR THE BENEFIT OF THE COMMONWEALTH OF PENNSYLVANIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM, A TAX EXEMPT PENSION FUND WHICH MEETS THE REQUIREMENTS OF SEC 401(A). 12905532 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 47 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 X FRANK NUCCIO CO O'CONNOR REAL ESTATE ADVISORS LLC 2125460829 535 MADISON AVENUE NEW YORK NY 10022 BENJAMIN L COTTON DIRECTOR, EFF. 9/5/23 1.00 X 0 461173 0 ROBERT J DEVINE DIRECTOR, THRU 9/5/23 1.00 X 0 358069 0 THOMAS A BAUER DIRECTOR, EFF. 9/5/23 1.00 X 0 422888 0 WILLIAM P STALTER DIRECTOR, THRU 9/5/23 1.00 X 0 241800 0 MELISSA A QUACKENBUSH DIRECTOR 1.00 X 0 245740 0 WILLIAM Q OCONNOR PRESIDENT 4.00 X 0 0 0 JOEL L BAYER VICE PRESIDENT 0.20 X 0 0 0 OJAS DESAI SECRETARY & TREASURER 0.20 X 0 0 0 0 1729670 0 0 0 1 0 JONES LANG LASALLE PO BOX 95028 CHICAGO IL 60694 MANAGEMENT FEE SERVICES 2335061 O'CONNOR REAL ESTATE ADVISORS LLC 535 MADISON AVENUE 6TH FL NEW YORK NY 10022 INVESTMENT ADVISORY AND ASSET MANAGEMENT 900000 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 871705 KIMCO FACILITY SERVICES LLC PO BOX 747037 ATLANTA GA 30374 CLEANING SERVICES 814926 DEBON AIR MECHANICAL INC 13972 NW 60TH AVENUE MIAMI LAKES FL 33014 HVAC SERVICE/REPAIRS 296533 12 RENTAL INCOME 531390 15448858 15448858 15448858 151541 151541 PARKING INCOME 531390 100713 100713 OTHER INCOME 531390 5400 5400 106113 15706512 15554971 0 151541 464911 464911 900000 900000 646482 646482 2909538 2909538 OPERATING, REPAIRS AND 4523260 4523260 REAL ESTATE TAXES 2352253 2352253 UTILITIES 2009088 2009088 GENERAL AND ADMINISTRAT 1195479 1195479 15001011 12905532 2095479 0 200 1260158 13402138 12071725 1286177 1313304 750163 1878265 111300000 0 108300000 111300000 55838 48963 123794516 127872415 670260 881955 726104 911767 377145 418192 1773509 2211914 X 1000 1000 2887782 2887782 119132225 122771719 122021007 125660501 123794516 127872415 X 705501 2933993 X 0 1 X 0 0 25300000 25300000 86000000 86000000 111300000 TENANT SECURITY DEPOSITS 216936 OTHER LIABILITIES 201256 418192 15706512 0 15706512 0 15706512 15001011 0 15001011 0 15001011 0 0 0 BENJAMIN L COTTON DIRECTOR, EFF. 9/5/23 0 461173 0 0 0 0 0 0 0 0 0 461173 0 0 THOMAS A BAUER DIRECTOR, EFF. 9/5/23 0 422888 0 0 0 0 0 0 0 0 0 422888 0 0 ROBERT J DEVINE DIRECTOR, THRU 9/5/23 0 358069 0 0 0 0 0 0 0 0 0 358069 0 0 MELISSA A QUACKENBUSH DIRECTOR 0 245740 0 0 0 0 0 0 0 0 0 245740 0 0 WILLIAM P STALTER DIRECTOR, THRU 9/5/23 0 241800 0 0 0 0 0 0 0 0 0 241800 0 0 FORM 990, PART VI, SECTION A, LINE 3 KEYSTONE - FLORIDA PROPERTY HOLDING CORP OWNS THE FORT LAUDERDALE GALLERIA REGIONAL MALL. THE OWNER RETAINED O'CONNOR REAL ESTATE ADVISORS, LLC, AN INDEPENDENT CONTRACTOR TO PERFORM INVESTMENT ADVISORY AND ASSET MANAGEMENT SERVICES. KEYSTONE - FLORIDA PROPERTY HOLDING CORP'S APPOINTED OFFICERS ARE ALL INDEPENDENT OFFICERS WHO ARE NOT SEPARATELY COMPENSATED BY THE OWNER. ADVISORY AND ASSET MANAGEMENT FEES WERE $900,000 IN 2023. THE DIRECT PAYMENTS FROM THE ORGANIZATION TO THE INVESTMENT ADVISORY AND ASSET MANAGEMENT COMPANY ARE REPORTED ON FORM 990, PART VII, SECTION B AS INDEPENDENT CONTRACTOR PAYMENTS. FORM 990, PART VI, SECTION A, LINE 6 THE COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM (PSERS) (TAX ID NUMBER 23-1739115) IS THE ORGANIZATION'S EXEMPT SHAREHOLDER. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE MEMBER ALSO HAS VOTING RIGHTS TO ELECT THE GOVERNING BOARD. THE MEMBERS OF THE GOVERNING BOARD APPROVE AND ELECT OFFICERS ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER APPROVES ALL MAJOR DECISIONS MADE BY THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN PREPARED BY THE COMPANY'S OUTSIDE ACCOUNTANTS AT DUANE MORRIS, LLP HAS BEEN PROVIDED TO ALL OFFICERS OF THE COMPANY FOR REVIEW AND COMMENTS BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: NET UNREALIZED APPRECIATION IN FAIR VALUE OF REAL ESTATE INVESTMENT 1,958,993. CONTRIBUTIONS 975,000. PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM (PSERS) 5 N 5TH STREET HARRISBURG PA 17101 231739115 PUBLIC SCHOOL EMPLOYEE RETIREMENT PLAN PA 401A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0