2025-05-06T08:41:12-05:00 2024-12-31 994625061 CRI ADVISORS LLC 7550 HALCYON SUMMIT DRIVE MONTGOMERY AL 36117 990 2024-01-01 510292269 NEW WATER STREET CORP NEWW 2127479120 55 WATER STREET NEW YORK NY 10041 TIM SALVEMINI CHIEF FINANCIAL OFFICER 2127479120 2025-05-06 1 0 M CHAD SINGLETARY CPA P00166368 3342716678 2025-05-05 2024 2025-03-06 01:10:19Z TIM SALVEMINI 55 WATER STREET NEW YORK NY 10041 180525641 0 X WWW.55WATER.COM X 1986 DE THE ORGANIZATION OWNS AND LEASES AN OFFICE BUILDING. THE NET PROFITS ARE DISTRIBUTED FOR THE BENEFIT OF A QUALIFIED PENSION FUND FOR EMPLOYEES OF STATE OF ALABAMA. 6 5 50 0 0 0 0 0 182243880 178101207 2166595 2424434 0 0 184410475 180525641 0 0 0 0 7933670 8266072 0 0 0 116642215 116805846 124575885 125071918 59834590 55453723 805937141 798651610 14886109 17146855 791051032 781504755 THE ORGANIZATION OWNS AND LEASES AN OFFICE BUILDING. THE NET PROFITS ARE DISTRIBUTED FOR THE BENEFIT OF A QUALIFIED PENSION FUND OF THE STATE OF ALABAMA. 0 0 THE ORGANIZATION OWNS AND LEASES AN OFFICE BUILDING. THE NET PROFITS ARE DISTRIBUTED FOR THE BENEFIT OF A QUALIFIED PENSION FUND OF THE STATE OF ALABAMA. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 1 100 0 1 50 1 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 1 1 1 0 0 0 1 0 1 0 0 1 1 0 X TIM SALVEMINI NEW WATER STREET CORP 2127479120 55 WATER STREET NEW YORK NY 10041 R MARC GREEN DIRECTOR 5.00 X 0 0 0 STEPHEN GLENNON DIRECTOR 5.00 X 0 0 0 BRUCE W HODGES SR DIRECTOR 5.00 X 0 0 0 THOMAS MILNE DIRECTOR 5.00 X 0 0 0 GEORGE PHILIP DIRECTOR 5.00 X 0 0 0 DR DAVID BRONNER PRESIDENT & CHAIRMAN 5.00 X X 0 699516 0 TIMOTHY SALVEMINI CHIEF FINANCIAL OFFICER 40.00 X 346131 0 46208 DANIEL PALINO EXECUTIVE VICE-PRESIDENT, 40.00 X 433808 0 38126 SCOTT BRIDGWOOD VICE-PRESIDENT OF OPERATIO 40.00 X 226777 0 10544 DENNIS GOMEZ CHIEF ENGINEER 40.00 X 237381 0 0 ERIC GATCHALIAN SR PROJECT MANAGER II 40.00 X 207404 0 31699 FRANK GRADY SR PROJECT MANAGER I 40.00 X 209931 0 20784 RICHARD NEAL CONTROLLER 40.00 X 202489 0 19388 WILLIAM PAOLINI VICE PRESIDENT OF CONSTRUC 40.00 X 227296 0 32534 2091217 699516 199283 8 0 1 0 HARVARD PROTECTION SERVICES LLC PO BOX 748458 ATLANTA GA 30374 SECURITY SERVICES 4157852 JAROS BAUM & BOLES CONSULTING LLP 80 PINE STREET 12TH FLOOR NEW YORK NY 10005 CONSULTING SERVICES 484709 PHILLIPS FLORAL 55 ALBANY AVENUE AMITYVILLE NY 11701 FLORAL LANDSCAPING 319713 STRUCTURAL PRESERVATION SYSTEM LLC PO BOX 780065 PHILADELPHIA PA 19178 CONSTRUCTION 288385 MSA SECURITY 9 MURRAY STREET 2ND FLOOR NEW YORK NY 10007 SECURITY SERVICES 286826 5 CONTRACTUAL RENT 531120 150484982 150484982 RECOVERIES AND TENANT REIMBURSEME 531120 27616225 27616225 178101207 2424434 2424434 180525641 178101207 0 2424434 1338976 4152042 2349079 425975 77766 178555 95091 131009 444023 26594186 37200442 8290857 TAXES & LICENSES 29169521 REPAIRS & MAINTENANCE 12812227 OTHER EXPENSES 1587863 CORPORATE EXPENSES 224306 125071918 20428634 16546698 38025200 38491539 5225743 11817925 275028953 273945522 1025627860 567777934 467228611 457849926 805937141 798651610 9365228 11645693 5520881 5501162 14886109 17146855 X 186 186 419604822 419604822 371446024 361899747 791051032 781504755 805937141 798651610 X 55453723 -65000000 X X 0 1 X 1 0 35100000 35100000 700596436 392908058 307688378 289682203 174670009 115012194 249221 199867 49354 457849926 0 0 0 0 0 125071917 0 125071917 0 125071917 X 0 0 0 DR DAVID BRONNER PRESIDENT & CHAIRMAN 0 699516 0 0 0 0 0 0 0 0 0 699516 0 0 TIMOTHY SALVEMINI CHIEF FINANCIAL OFFICER 346131 0 0 0 0 0 11521 0 34687 0 392339 0 0 0 DANIEL PALINO EXECUTIVE VICE-PRESIDENT, 433808 0 0 0 0 0 14015 0 24111 0 471934 0 0 0 SCOTT BRIDGWOOD VICE-PRESIDENT OF OPERATIO 226777 0 0 0 0 0 7483 0 3061 0 237321 0 0 0 DENNIS GOMEZ CHIEF ENGINEER 237381 0 0 0 0 0 0 0 0 0 237381 0 0 0 ERIC GATCHALIAN SR PROJECT MANAGER II 207404 0 0 0 0 0 7588 0 24111 0 239103 0 0 0 FRANK GRADY SR PROJECT MANAGER I 209931 0 0 0 0 0 7765 0 13019 0 230715 0 0 0 RICHARD NEAL CONTROLLER 202489 0 0 0 0 0 7343 0 12045 0 221877 0 0 0 WILLIAM PAOLINI VICE PRESIDENT OF CONSTRUC 227296 0 0 0 0 0 8423 0 24111 0 259830 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NEW WATER STREET CORP IS OWNED 99% BY THE TEACHERS RETIREMENT SYSTEM OF ALABAMA, EMPLOYEES RETIREMENT SYSTEM OF ALABAMA AND JUDICIAL RETIREMENT SYSTEM OF ALABAMA (COLLECTIVELY RSA) WITH THE REMAINING 1% OWNED BY THE ALABAMA STATE BOARD OF INSURANCE. FORM 990, PART VI, SECTION A, LINE 7A RETIREMENT SYSTEMS OF ALABAMA, AS 99% OWNER OF NEW WATER STREET CORPORATION, SELECTS THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ALL DECISIONS OF NEW WATER STREET CORP ARE SUBJECT TO APPROVAL BY RETIREMENT SYSTEMS OF ALABAMA, THE MAJORITY OWNER. FORM 990, PART VI, SECTION B, LINE 11B TIM SALVEMINI, THE CHIEF FINANCIAL OFFICER, REVIEWS THE 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATIONS EMPLOYEE HANDBOOK CONTAINS A STATEMENT ON CONFLICTS OF INTEREST. IT IS PROVIDED TO EMPLOYEES AT EMPLOYMENT. THE POLICY IS REINFORCED AT EMPLOYEE MEETINGS PERIODICALLY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATIONS BOARD OF DIRECTORS CONDUCTS PERFORMANCE EVALUATIONS OF EXECUTIVE STAFF AND DETERMINES AND APPROVES COMPENSATION. THE DELIBERATIONS AND COMPENSATION APPROVALS ARE DOCUMENTED VIA THE MINUTES OF THE MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: DIVIDENDS TO SHAREHOLDERS -65,000,000. FORM 990,PART XI, QUESTION 2C THE BOARD OF DIRECTORS APPROVES THE SELECTION OF THE INDEPENDENT AUDIT FIRM AND OVERSEES THE AUDIT PROCESS. RETIREMENT SYSTEMS OF ALABAMA 201 SOUTH UNION STREET MONTGOMERY AL 36104 STATE PENSION PLAN AL 401(A) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 RETIREMENT SYSTEMS OF ALABAMA (DIVIDEND DISTRIBUTIONS) R 65000000 CASH TRANSACTION