SOUTHAVEN DESOTO INVESTMENT INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHAVEN DESOTO INVESTMENT INC (EIN 47-3783757)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-06
- IRS object ID
- 202101269349301625
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-06T12:20:25-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14555 DALLAS PARKWAY STE 300 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75254 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473783757 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHAVEN DESOTO INVESTMENT INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O L&B REALTY ADVISORS LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 2149890800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5910 NORTH CENTRAL EXPY NO 1200 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75206 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER HANSON | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 2149890800 | PhoneNum |
| Signature | 2021-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JENNIFER | PersonFirstNm |
| Person Last | HANSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAMELA ALEXANDERSON | PreparerPersonNm |
| PTIN | P01218925 | PTIN |
| Phone | 9724582296 | PhoneNum |
| Preparation | 2021-05-06 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | AMY MCGARRITY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 PENNSYLVANIA ST | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,992,280 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2015 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | SOUTHAVEN DESOTO INVESTMENT, INC., IS A 501(C)(25) ORGANIZATION. IT WAS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF ACQUIRING REAL PROPERTY, HOLDING TITLE TO AND COLLECTING INCOME FROM SUCH PROPERTY, AND REMITTING THE ENTIRE AMOUNT OF THE INCOME FROM SUCH PROPERTY (LESS EXPENSES) TO THE SHAREHOLDER OF THIS CORPORATION. THE SOLE SHAREHOLDER OF THIS CORPORATION IS THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO, WHICH IS A TAX-EXEMPT PENSION FUND THAT MEETS THE REQUIREMENTS OF SECTION 414(D). ALL DISTRIBUTIONS WERE PAID TO THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO. THIS SHAREHOLDER RECEIVED THE NET INCOME OF SOUTHAVEN DESOTO INVESTMENT, INC. | ActivityOrMissionDesc |
| Voting Members Governing Body | 1 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,854 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,718 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,488,307 | PYOtherRevenueAmt |
| CY Other Revenue | $3,139,085 | CYOtherRevenueAmt |
| PY Total Revenue | $3,501,161 | PYTotalRevenueAmt |
| CY Total Revenue | $3,141,803 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $0 | PYOtherExpensesAmt |
| CY Other Expenses | $0 | CYOtherExpensesAmt |
| PY Total Expenses | $0 | PYTotalExpensesAmt |
| CY Total Expenses | $0 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,501,161 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,141,803 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $72,967,820 | TotalAssetsBOYAmt |
| Total Assets EOY | $81,679,223 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $27,135,968 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,810,173 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $45,831,852 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $53,869,050 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SOUTHAVEN DESOTO INVESTMENT, INC., IS A 501(C)(25) ORGANIZATION. IT WAS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF ACQUIRING REAL PROPERTY, HOLDING TITLE TO AND COLLECTING INCOME FROM SUCH PROPERTY, AND REMITTING THE ENTIRE AMOUNT OF THE INCOME FROM SUCH PROPERTY (LESS EXPENSES) TO THE SHAREHOLDER OF THIS CORPORATION. THE SOLE SHAREHOLDER OF THIS CORPORATION IS THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO, WHICH IS A TAX-EXEMPT PENSION FUND THAT MEETS THE REQUIREMENTS OF SECTION 414(D). ALL DISTRIBUTIONS WERE PAID TO THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO. THIS SHAREHOLDER RECEIVED THE NET INCOME OF SOUTHAVEN DESOTO INVESTMENT, INC. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE ENTITY OPERATED THE RENTAL REAL ESTATE PROPERTY FOR ITS EXEMPT BENEFICIARY, THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO (FEDERAL EIN: 84-6000472). | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 1 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | Yes (1) | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | L&B REALTY ADVISORS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2149890800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5910 NORTH CENTRAL EXPY STE 1200 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75206 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| AMY MCGARRITY | |||||||
| SOLE DIRECTOR | 2.00 | 38.00 | Yes (X) | Yes (X) | $0 | $678,823 | $124,717 |
| STACIE CROWN | |||||||
| PRESIDENT | 3.00 | 37.00 | Yes (X) | $0 | $0 | $0 | |
| PETER A BENYO | |||||||
| VICE PRESIDENT | 2.00 | 38.00 | Yes (X) | $0 | $0 | $0 | |
| MERRILL CURTIS | |||||||
| VICE PRESIDENT | 5.00 | 35.00 | Yes (X) | $0 | $0 | $0 | |
| JENNIFER HANSON | |||||||
| SECRETARY/TREASURER | 1.00 | 39.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $678,823 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $124,717 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DAN WALKER ASSOCIATES | |||||
| 3891 FOREST HILL | MEMPHIS | TN | 38125 | GENERAL CONTRACTOR TENANT IMPROVEMENTS | $704,957 |
| CBRE INC | |||||
| PO BOX 848844 | LOS ANGELES | CA | 90084 | PROPERTY MANAGEMENT; LEASING COMMISSION | $367,498 |
| L&B REALTY ADVISORS LLP | |||||
| 5910 N CENTRAL EXPWY SUITE 1200 | DALLAS | TX | 75206 | ASSET MANAGEMENT FEE; INCENTIVE FEE | $147,863 |
| THE LANDCARE GROUP | |||||
| 5534 REPUBLIC DRIVE | MEMPHIS | TN | 38118 | LAWNCARE | $103,102 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,718 | TotalRevenueColumnAmt |
| Exclusion | $2,718 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,989,562 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,850,477 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,139,085 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,139,085 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,139,085 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,141,803 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,139,085 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,718 | ExclusionAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $311,835 | BOYAmt |
| EOY | $632,039 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $887,000 | BOYAmt |
| EOY | $870,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,954 | BOYAmt |
| EOY | $12,892 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,031 | BOYAmt |
| EOY | $64,292 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $80,100,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,700,000 | BOYAmt |
| EOY | $80,100,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,967,820 | BOYAmt |
| EOY | $81,679,223 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $836,116 | BOYAmt |
| EOY | $897,856 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,521 | BOYAmt |
| EOY | $330,227 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,780,000 | BOYAmt |
| EOY | $25,780,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $381,331 | BOYAmt |
| EOY | $802,090 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,135,968 | BOYAmt |
| EOY | $27,810,173 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,177,578 | BOYAmt |
| EOY | $38,477,578 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,654,274 | BOYAmt |
| EOY | $15,391,472 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,831,852 | BOYAmt |
| EOY | $53,869,050 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,967,820 | BOYAmt |
| EOY | $81,679,223 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,141,803 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $7,542,418 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$2,647,023 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $12,750,000 | InvestmentCostOrOtherBasisAmt |
| Book Value | $12,750,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $51,000,000 | InvestmentCostOrOtherBasisAmt |
| Book Value | $51,000,000 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $176,363 | InvestmentCostOrOtherBasisAmt |
| Book Value | $176,363 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $16,173,637 | InvestmentCostOrOtherBasisAmt |
| Book Value | $16,173,637 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $80,100,000 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY DEPOSITS | $285,158 |
| DUE TO ADVISOR | $479,745 |
| DUE TO NON ELIM PARTIES | $37,187 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $802,090 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE PORTFOLIO IS GENERALLY NOT SUBJECT TO INCOME TAXES BECAUSE THE PROPERTIES ARE TAX-EXEMPT UNDER SECTION 501(C)(25) OF THE INTERNAL REVENUE CODE (THE "CODE"). THE ADVISOR BELIEVES IT CONTINUES TO COMPLY WITH REQUIREMENTS OF THE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMY MCGARRITY | PersonNm |
| Title | SOLE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $0 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $448,698 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $230,125 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $88,295 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $36,422 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $0 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $803,540 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE SOLE MEMBER OF SOUTHAVEN DESOTO INVESTMENT, INC., IS PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO (COPERA). COPERA IS A TAX-EXEMPT PENSION FUND THAT MEETS THE REQUIREMENTS OF SECTION 414(D). |
| FORM 990, PART VI, SECTION A, LINE 7A | COPERA HAS THE AUTHORITY TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY/BOARD OF DIRECTORS. THE AFFAIRS AND MANAGEMENT OF SOUTHAVEN DESOTO INVESTMENT, INC., WILL BE UNDER THE CONTROL OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS CONSISTS OF AMY MCGARRITY, AS THE SOLE DIRECTOR. THE OFFICERS ARE: STACIE CROWN, PRESIDENT; PETER A. BENYO, VICE PRESIDENT; MERRILL CURTIS, VICE PRESIDENT; AND JENNIFER HANSON, SECRETARY/TREASURER. THE DIRECTOR OF SOUTHAVEN DESOTO INVESTMENT, INC., AMY MCGARRITY, IS THE CHIEF INVESTMENT OFFICER OF COPERA. THE OFFICERS OF SOUTHAVEN DESOTO INVESTMENT, INC., ARE ALL EMPLOYED BY L&B REALTY ADVISORS, LLP (LBRA). LBRA PROVIDES INVESTMENT MANAGEMENT SERVICES TO COPERA. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO, THE EXEMPT SHAREHOLDER AND BENEFICIARY OF THIS TAX-EXEMPT ORGANIZATION, MAKES ALL THE MAJOR MANAGEMENT DECISIONS. |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | MANAGEMENT COMPANY LBRA REVIEWS THE TAX RETURNS PRIOR TO FILING. COPIES OF RETURNS FOR REVIEW ARE PROVIDED TO MEMBERS OF THE GOVERNING BODY UPON REQUEST. THIS REVIEW IS COMPLETED PRIOR TO FILING THIS FORM. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
| FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC | AMY MCGARRITY - 1301 PENNSYLVANIA STREET, DENVER, CO 80203. |
| FORM 990, PART XI, LINE 9: | DISTRIBUTIONS/OTHER TRANSFERS OF CASH TO PERA OF COLORADO -2,947,023. CONTRIBUTION 300,000. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (22 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PERA OF COLORADO | |||||||||||
| 1301 PENNSYLVANIA STREET | DENVER | CO | 80203 | 846000472 | PENSION FUND | CO | 115 | N/A | N/A | 0 | |
| DDC INVESTMENT INC | |||||||||||
| 5910 N CENTRAL EXPWY STE 1200 | DALLAS | TX | 75206 | 474415682 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| 20 CAL INVESTMENT INC | |||||||||||
| 5910 N CENTRAL EXPWY STE 1200 | DALLAS | TX | 75206 | 475001013 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| LENEXA LOGISTIC 4 INVESTMENT INC | |||||||||||
| 5910 N CENTRAL EXPWY STE 1200 | DALLAS | TX | 75206 | 814333866 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| PERA LEE BRANCH INC | |||||||||||
| 5910 N CENTRAL EXPWY STE 1200 | DALLAS | TX | 75206 | 260339650 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| 1050 MASS AVE INVESTMENT INC | |||||||||||
| 5910 N CENTRAL EXPWY STE 1200 | DALLAS | TX | 75206 | 813626665 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| 86 INVERNESS INVESTMENT INC | |||||||||||
| 5910 N CENTRAL EXPWY STE 1200 | DALLAS | TX | 75206 | 821810592 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| 1 DISTRIBUTION CENTER CIRCLE INVESTMENT INC | |||||||||||
| 5910 N CENTRAL EXPWY STE 1200 | DALLAS | TX | 75206 | 824114361 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| 154 CAMPANELLI INVESTMENT INC | |||||||||||
| 5910 N CENTRAL EXPWY STE 1200 | DALLAS | TX | 75206 | 824142984 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| LENEXA LOGISTIC LOT 1 INVESTMENT INC | |||||||||||
| 5910 N CENTRAL EXPWY STE 1200 | DALLAS | TX | 75206 | 830526801 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| PERA URBAN WEST CORPORATION | |||||||||||
| 100 PINE ST 3200 | SAN FRANCISCO | CA | 94111 | 364029358 | TITLE HOLDING | DE | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| PERA 7825 FAY AVE INC | |||||||||||
| 100 PINE ST 3200 | SAN FRANCISCO | CA | 94111 | 204603602 | TITLE HOLDING | DE | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| COLORADO PARK 277 CORPORATION | |||||||||||
| 222 S RIVERSIDE PLAZA 26 FL | CHICAGO | IL | 60606 | 752547563 | TITLE HOLDING | DE | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| 1808 EYE STREET INC | |||||||||||
| 222 S RIVERSIDE PLAZA 26 FL | CHICAGO | IL | 60606 | 812251791 | TITLE HOLDING | DE | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| CAMPUS AT ARDENWOOD INC | |||||||||||
| 222 S RIVERSIDE PLAZA 26 FL | CHICAGO | IL | 60606 | 823996605 | TITLE HOLDING | DE | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| SF PIERS OWNER INC | |||||||||||
| 2001 ROSS AVENUE SUITE 3400 | DALLAS | TX | 75201 | 384840560 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| MESA OAK INVESTMENT INC | |||||||||||
| 2001 ROSS AVENUE SUITE 3400 | DALLAS | TX | 75201 | 841868385 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| VALHALLA 6 INC | |||||||||||
| 2001 ROSS AVENUE SUITE 3400 | DALLAS | TX | 75201 | 842518215 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| VALHALLA 7 INC | |||||||||||
| 2001 ROSS AVENUE SUITE 3400 | DALLAS | TX | 75201 | 842548253 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| VALHALLA 8 & 9 INC | |||||||||||
| 2001 ROSS AVENUE SUITE 3400 | DALLAS | TX | 75201 | 842553144 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| COLORADO 277 - BUILDING F | |||||||||||
| 222 S RIVERSIDE PLAZA 26 FL | CHICAGO | IL | 60606 | 854287027 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
| AIRPORT CENTER INC | |||||||||||
| 222 S RIVERSIDE PLAZA 26 FL | CHICAGO | IL | 60606 | 853565248 | TITLE HOLDING | CO | 501(C)(25) | N/A | 0 | PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| PARKER-SHATTUCK OWNER LLC | |||||||
| 222 S RIVERSIDE PLAZA 26 FL | CHICAGO | IL | 60606 | 471184021 | TITLE HOLDING | DE | N/A |
| SUNSHINE DISTRIBUTION LP | |||||||
| 222 S RIVERSIDE PLAZA 26 FL | CHICAGO | IL | 60606 | 364126258 | TITLE HOLDING | DE | N/A |
| ALLEY 111 OWNER LLC | |||||||
| 222 S RIVERSIDE PLAZA 26 FL | CHICAGO | IL | 60606 | 371740779 | TITLE HOLDING | DE | N/A |
| EASTPORT INDUSTRIAL CENTER LLC | |||||||
| 222 S RIVERSIDE PLAZA 26 FL | CHICAGO | IL | 60606 | 432010450 | TITLE HOLDING | DE | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |