2021-05-17T10:00:45-05:00 2020-06-30 KPMG LLP 2323 Ross Avenue Suite 1400 Dallas TX 752012709 990 2019-07-01 202918079 TR TIPTON CORP % INVESCO ADVISERS INC TRTI 2001 Ross Avenue Suite 3400 DALLAS TX 75201 LEE PHEGLEY Officer 9727157400 2021-05-17 Amy Koronka P01214174 2148402000 2021-05-17 2019 2022-09-23 18:48:47Z LEE PHEGLEY 2001 ROSS AVE STE 3400 Dallas TX 75201 2890266 false X N/A X 2005 DE TO OPERATE AS A TITLE HOLDING CORPORATION W/IN THE MEANING OF IRC SEC. 501(C)(25) & HOLD TITLE TO REAL PROPERTY ON BEHALF OF TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS. 2 2 0 0 0 0 0 0 1348 1466 2303943 2249124 2305291 2250590 0 0 0 0 0 0 0 0 0 144081 140662 144081 140662 2161210 2109928 42001852 45122580 331699 479927 41670153 44642653 NONE false false TR Tipton Corp. OPERATES AS A TITLE HOLDING CORPORATION WITHIN THE MEANING OF IRC SECTION 501(C)(25) AND HOLDS TITLE TO REAL PROPERTY ON BEHALF OF TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS (RETIREMENT SYSTEM). THE ORGANIZATION COLLECTS THE INCOME FROM THE PROPERTY AND REMITS IT TO THE RETIREMENT SYSTEM. false false false false false false false false false true false false true true true false true false false false false false false false false false false false false false false false false false false false false false false true true false false true 6 0 true 0 false false false false false false false false X 2 2 true true false false true true true true false false false true false false false false false false GA X INVESCO ADVISERS INC 9727157400 2001 ROSS AVENUE SUITE 3400 Dallas TX 75201 X X R Scott Dennis DIRECTOR 1.0 23.0 X 0 0 0 BETH ZAYICEK DIRECTOR 1.0 23.0 X 0 0 0 Jason W Geer VP/SEC 1.0 23.0 X 0 0 0 Bert J Crouch VP/ASST SEC 1.0 23.0 X 0 0 0 Jeff Cavanaugh VP/ASST SEC 1.0 23.0 X 0 0 0 Chris Cleghorn VP/ASST SEC 1.0 23.0 X 0 0 0 Jackson Lapin VP/ASST SEC 1.0 23.0 X 0 0 0 Peter Feinberg VP/ASST SEC 1.0 23.0 X 0 0 0 LEE PHEGLEY VP/ASST SEC 1.0 23.0 X 0 0 0 Cain Kirk VP/ASST SEC 1.0 23.0 X 0 0 0 Duncan Walker VP/ASST SEC 1.0 23.0 X 0 0 0 Kevin Pirozzoli VP/ASST SEC 1.0 23.0 X 0 0 0 Perry Chudnoff VP/ASST SEC 1.0 23.0 X 0 0 0 Tom Hurst VP/ASST SEC 1.0 23.0 X 0 0 0 Haley Waldron TREAS/ASST SEC 1.0 23.0 X 0 0 0 0 0 0 0 false false false Invesco Advisors Inc 2001 ROSS AVENUE SUITE 3400 DALLAS TX 75201 Management Services 144995 CBRE Inc PO BOX 848844 LOS ANGELES CA 900848844 Construction Managem 153162 APOLLO ROOFING COMPANY INC 5060 OLD ELLIS POINTE STE 200 ROSWELL GA 30076 Roofing Services 299568 3 0 0 1466 0 0 2888800 639676 2249124 0 2249124 0 0 0 0 0 0 0 0 0 0 0 2250590 0 0 0 0 0 0 0 0 0 0 140662 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 140662 97930 48340 0 0 0 0 134313 445073 0 0 0 0 0 0 0 0 19609 29167 31716354 30795416 31716354 0 0 0 0 0 0 0 0 10954584 12883646 42001852 45122580 266636 433202 0 0 33338 15000 0 0 0 0 0 0 0 0 0 0 31725 31725 331699 479927 X 0 0 41902298 42418808 -232145 2223845 41670153 44642653 42001852 45122580 X 2109928 1929062 -1066490 X false true X false false 29908599 29908599 1807754 1807754 31716353 PROPERTY 12883646 12883646 0 SECURITY DEPOSITS 31725 31725 X SUPPLEMENTAL INFORMATION 1 SCHEDULE D, PART X, LINE 2: FIN 48 FOOTNOTE The TRS Portfolio had no uncertain tax positions which would require the TRS Portfolio to record a tax exposure liability as of and for the years ended June 30, 2020 and 2019. The TRS Portfolio expects no significant increases or decreases in unrecognized tax benefits due to changes in tax positions within one year of June 30, 2020. The TRS Portfolio has no significant interest or penalties relating to income taxes recognized in the accompanying combined consolidated financial statements as of and for the years ended June 30, 2020 and 2019. As of June 30, 2020 returns for the tax years 2017 through 2019 generally remain subject to examination by U.S. and various state and local tax jurisdictions. The TRS Portfolio includes investments that TRS owns directly and indirectly through title holding companies, wholly owned corporations, and limited partnerships. The title holding companies are tax exempt under Internal Revenue Code (IRC) Section 501(c)(25) and related state and local income tax law. With respect to TRS's direct interest in the limited partnerships, corporations, and wholly owned properties, no provision for income taxes is necessary as TRS is an integral part of the State of Illinois and is not subject to federal, state, and local income tax. Alternatively, the income that TRS generates is from the exercise of an essential governmental function and accrues to the State of Illinois and is therefore excluded from gross income under Section 115 of the IRC. Accordingly, the combined consolidated financial statements contain no federal, state, or local provision for income taxes. PART VI: GOVERNANCE, MANAGEMENT, AND DISCLOSURE LINE 2 ALL OFFICERS AND DIRECTORS OF THE FILING ORGANIZATION HAVE A BUSINESS RELATIONSHIP WITH ONE ANOTHER BY VIRTUE OF THEIR POSITIONS AS OFFICERS, DIRECTORS, AND/OR KEY EMPLOYEES OF INVESCO ADVISERS, INC. PART VI: GOVERNANCE, MANAGEMENT, AND DISCLOSURE LINE 3, 6, 7a, 7b, 11B, 19 TR TIPTON CORP.'S STOCK IS OWNED 100% BY TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS. TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS HAS ENGAGED INVESCO REAL ESTATE, AN INDEPENDENT MANAGEMENT COMPANY, TO MANAGE ALL ASPECTS OF THE ENTITY INCLUDING PREPARING THE FINANCIAL STATEMENTS AND TAX RETURNS. TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS HAS THE ABILITY TO HIRE AND FIRE THE MANAGEMENT COMPANY AT ANY TIME, AND TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS IS ULTIMATELY RESPONSIBLE FOR ALL DECISIONS. INVESCO PERSONNEL HOLD THE OFFICER POSITIONS, BUT TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS HAS THE ABILITY TO REMOVE/CHANGE OFFICERS AT ANY TIME. INVESCO ENGAGES A PAID PREPARER TO PREPARE THE TAX RETURN BASED ON FINANCIAL STATEMENTS PROVIDED BY INVESCO. ONCE THE RETURN IN PREPARED, IT IS SENT TO INVESCO FOR REVEIW BY THE ACCOUNTANT ASSIGNED TO THE ENTITY AND THE OFFICER SIGNING THE RETURN. ORGANIZATION DOCUMENTS AND FINANCIAL STATEMENTS RELATED TO THE ENTITY ARE NOT MADE AVAILABLE TO THE PUBLIC. PART VI: GOVERNANCE, MANAGEMENT, AND DISCLOSURE LINE 8B TR Tipton Corp. DOES NOT HAVE ANY COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. AS SUCH, NO COMMITTEE MEETING MINUTES OR OTHER DOCUMENTATION HAVE BEEN REQUIRED. PART XI: RECONCILIATION OF NET ASSETS Line 9 - OTHER CHANGES IN FUND BALANCE INCLUDE: ADDITIONAL PAID-IN CAPITAL 516,510 DISTRIBUTIONS TO SHAREHOLDER (1,583,000) ------------ (1,066,490) TR Polaris LLC 2001 Ross avenue Suite 3400 Dallas TX 75201 371314346 Real Estate DE TRS of IL TR North First Co-Invest Member LLC 2001 Ross avenue Suite 3400 Dallas TX 75201 611798140 Real Estate TRS of IL TR Park Central LLC 2001 Ross avenue Suite 3400 Dallas TX 75201 371755587 Real Estate DE TRS of IL TR 80 BROAD STREET LLC 2001 ROSS AVENUE SUITE 3400 DALLAS TX 75201 611855380 REAL ESTATE DE TRS OF IL 80 Broad Street Manager LLC 2001 ROSS AVENUE SUITE 3400 DALLAS TX 75201 611855639 REAL ESTATE DE TRS OF IL TR 1000 Dalton Corp 2001 Ross Ave Ste 3400 DALLAS TX 75240 201893163 REAL ESTATE DE 501(C)(25) TRS OF IL false TR Pinnacle Corp 2001 Ross Ave Ste 3400 DALLAS TX 75201 203743698 REAL ESTATE DE 501(C)(25) TRS OF IL false Teachers' Retirement System of ST OF IL 2815 West Washington Street SPRINGFIELD TX 62794 371314346 REAL ESTATE IL 401(A) TRS OF IL false TR 350 WASHINGTON CORP 2001 Ross Ave Ste 3400 DALLAS TX 75201 383852264 REAL ESTATE IL 501(C)(25) TRS OF IL false TR Lakeline Market Retail Corp 2001 Ross Ave Ste 3400 DALLAS TX 75201 463023144 REAL ESTATE DE 501(C)(25) TRS OF IL false TR LAKELINE MARKET RETAIL CORP II 2001 ROSS AVE STE 3400 DALLAS TX 75201 371784680 REAL ESTATE IL 501(C)(25) TRS OF IL false TR SOUTHPARK SQUARE CORP 2001 ROSS AVE STE 3400 DALLAS TX 75201 271776065 REAL ESTATE DE 501(C)(25) TRS OF IL false TR AQUA VIA CORP 2001 Ross Ave Ste 3400 DALLAS TX 75240 453717665 REAL ESTATE DE 501(C)(25) TRS OF IL false TR LANDMARK APARTMENTS CORP 2001 ROSS AVE STE 3400 DALLAS TX 75201 474163135 REAL ESTATE DE 501(C)(25) TRS OF IL false TR GALLERY TURTLE CREEK CORP 2001 ROSS AVE STE 3400 DALLAS TX 75201 475648684 REAL ESTATE 501(C)(25) TRS OF IL false Legacy VI-VII Investors LLC POBox 1920 Dallas TX 75221 Dallas TX 75221 465326414 Real Estate DE NA TR LaSalle Plaza LLC 2001 Ross Ave Ste 3400 Dallas TX 75201 300746896 Real Estate DE NA C Corp TR LASALLE PLAZA MANAGER SUB CORP 2001 Ross Ave Ste 3400 Dallas TX 75201 900877802 Real Estate DE NA C Corp TR LASALLE PLAZA SUB CORP 2001 Ross Ave Ste 3400 Dallas TX 75201 900878859 Real Estate DE NA C Corp TR LASALLE PLAZA MANAGER LLC 2001 Ross Ave Ste 3400 Dallas TX 75201 320384783 Real Estate DE NA C Corp TR Austin Ranch LLC 2001 Ross Ave Ste 3400 Dallas TX 75201 901005397 Real Estate DE NA C Corp TR Promenade Place GP Corp 2001 ROSS AVE STE 3400 DALLAS TX 75201 204100207 REAL ESTATE DE NA C CORP TR Ventana Phase II GP Corp 2001 ROSS AVE STE 3400 DALLAS TX 75201 205868074 REAL ESTATE DE NA C CORP TR Ventana Phase I GP Corp 2001 ROSS AVE STE 3400 DALLAS TX 75201 205868017 REAL ESTATE DE NA C CORP TR Village on Memorial GP Corp 2001 ROSS AVE STE 3400 DALLAS TX 75201 204100136 REAL ESTATE DE NA C CORP TR Museum Tower GP Corp 2001 ROSS AVE STE 3400 DALLAS DE 75201 202221161 REAL ESTATE DE NA C CORP false false true false false false false false false false false false false false false false true false