2020-05-29T08:34:01-05:00 2019-06-30 KPMG LLP 677 Washington Boulevard 4th floor Stamford CT 06901 990 2018-07-01 473710173 TR Stonehollow Corp C/O BARINGS LLC % C/O BARINGS LLC TRST 8605092200 ONE FINANCIAL PLAZA SUITE 1700 HARTFORD CT 06103 RYAN CROSSLEY Director 2020-05-26 true Amy Vangor P01596688 2033569800 2020-05-15 199.207.253.101 06022920201505000001 2020-05-29 P 7DC9B65E93AA7BE154B2DF20DA0004803D0DFCD0 93222CD6483F487CB5CF714D4DAFCD6C410BE82F 2018 2021-09-10 13:11:23Z DENISE STAKE CO BARINGS LLC ONE FINANCIAL PLAZA SUITE 1700 HARTFORD CT 06103 5145275 false X N/A X 2015 DE TO ACQUIRE AND HOLD TITLE TO REAL PROPERTY COLLECT THE INCOME THEREFROM AND REMIT THE ENTIRE AMOUNT, LESS EXPENSES, TO ITS SHAREHOLDERS. 1 0 0 0 0 0 0 5213416 5145275 0 0 0 0 5213416 5145275 0 0 0 0 0 0 0 0 0 3136746 3045595 3136746 3045595 2076670 2099680 59493057 70057159 22061022 22297613 37432035 47759546 TO ACQUIRE AND HOLD TITLE TO REAL PROPERTY, COLLECT THE INCOME THEREFROM AND REMIT THE ENTIRE AMOUNT, LESS EXPENSES, TO ITS SHAREHOLDERS. false false THE CORPORATION IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF ACQUIRING, HOLDING TITLE TO AND COLLECTING INCOME FROM REAL PROPERTY. THE ENTIRE AMOUNT OF INCOME (LESS EXPENSES) IS REMITTED TO ONE OR MORE ORGANIZATIONS DESCRIBED IN THE IRS SECTION 501(C)(25), WHICH ARE SHAREHOLDERS. false false false false false false false false true false false false 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 false true false false true 19 0 true 0 false false false false false false false false X 1 0 true true false false true false true true true false false true false false false false false false X CO BARINGS LLC 8605092200 ONE FINANCIAL PLAZA HARTFORD CT 06103 BARINGS LLC INSTITUTIONAL TRUSTEE 0.0 0.0 X 155968 0 0 155968 0 0 1 false false false JAHN CONSTRUCTION LLC 4616 W HOWARD LANE BLDG 9 975 AUSTIN TX 78728 GENERAL CONTRACTOR 639853 AIR CRAFT INC 1916 PICADILLY DRIVE ROUND ROCK TX 78664 HVAC CONTRACTOR 436097 2 0 GROSS RENTAL REVENUE 531120 5145275 5145275 5145275 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5145275 5145275 0 0 0 0 0 0 0 0 0 0 155968 11729 166198 0 0 0 0 0 0 0 0 0 0 0 0 1111457 0 0 26514 REAL PROPERTY TAXES 1052955 UTILITIES 229574 REPAIRS AND MAINTAINANCE 198271 SAFETY AND SECURITY 27431 65498 3045595 278426 583738 0 0 0 0 361 0 0 0 0 0 0 0 0 0 17260 18571 66680014 58230443 66680014 0 0 0 0 0 0 791403 1961692 175164 813144 59493057 70057159 754985 703573 0 0 26044 149224 0 0 0 0 0 0 20831107 20355047 0 0 448886 1089769 22061022 22297613 X 0 0 37432035 47759546 0 0 37432035 47759546 59493057 70057159 X 2099680 7361236 866595 X X false true X true false 8185795 8185795 44366621 44366621 607510 607510 13520088 13520088 66680014 0 TENANT SECURITY DEPOSIT 435094 OTHER LIABILITIES 654675 1089769 X PART X THE PORTFOLIO HAD NO UNCERTAIN TAX POSITIONS WHICH WOULD REQUIRE THE PORTFOLIO TO RECORD A TAX EXPOSURE LIABILITY AS OF AND FOR THE YEAR ENDED JUNE 30, 2019. THE PORTFOLIO EXPECTS NO SIGNIFICANT INCREASES OR DECREASES IN UNRECOGNIZED TAX BENEFITS DUE TO CHANGES IN TAX POSITIONS WITHIN ONE YEAR OF JUNE 30, 2019. THE PORTFOLIO HAS NO INTEREST OR PENALTIES RELATING TO INCOME TAXES RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS. THE PORTFOLIO INCLUDES INVESTMENTS THAT TRS OWNS DIRECTLY AND INDIRECTLY THROUGH TITLE HOLDING COMPANIES, SINGLE MEMBER LIMITED LIABILITY COMPANIES (SMLLCS), WHOLLY-OWNED CORPORATIONS, AND JOINT VENTURE 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' DIRECT INTEREST IN THE JOINT VENTURE PARTNERSHIP, SMLLCS, AND WHOLLY-OWNED CORPORATIONS, 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 ACCOMPANYING COMBINED FINANCIAL STATEMENTS CONTAIN NO FEDERAL, STATE, OR LOCAL PROVISION FOR INCOME TAXES. PART VI, SECTION A, QUESTION 2 ALL OFFICERS AND DIRECTORS OF THE ORGANIZATION ARE EMPLOYEES OF BARINGS LLC WHICH PROVIDE REAL ESTATE MANAGEMENT SERVICES TO THE ENTITY ON BEHALF OF TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS ("TRS"). PART VI, SECTION A, QUESTION 3 BARINGS LLC HAS BEEN ENGAGED BY TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS TO PERFORM ALL MANAGEMENT DUTIES. PART VI, SECTION A, QUESTION 6 THE SOLE SHAREHOLDER OF TR STONEHOLLOW CORP. IS THE TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS. PART VI, SECTION A, QUESTION 7B THE BUSINESS OF THE CORPORATION SHALL BE MANAGED BY ITS BOARD OF DIRECTORS. ALL DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AUTHORIZED BY THE SHAREHOLDERS. PART VI, SECTION B, QUESTION 11 THE TAX RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND A COPY OF THE ORGANIZATION'S FORM 990 WAS DISTRIBUTED TO THE GOVERNING BODY PRIOR TO IT'S FILING WITH THE IRS. BARINGS LLC REVIEWED THE FORM 990 PRIOR TO SIGNING AND FILING WITH THE IRS. PART VI, SECTION B, QUESTIONS 12,13, & 14 THERE ARE NO SEPARATE WRITTEN POLICIES FOR TR STONEHOLLOW CORP. HOWEVER, THE MEMBERS OF THE GOVERNING BODY ARE EMPLOYEES OF THE MANAGEMENT COMPANY, BARINGS LLC, AND ARE SUBJECT TO THE CONFLICT OF INTEREST AND OTHER POLICIES OF THE MANAGEMENT COMPANY. ANNUALLY, THE BARINGS COMPLIANCE OFFICER CONFIRMS OFFICER COMPLIANCE WITH THESE POLICIES. PART VI, SECTION C, QUESTION 19 INFORMATION ABOUT THE ORGANIZATION'S INVESTMENT PROGRAMS, GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC. PART X, LINE 10B AND SCH D, PART VI THE INVESTMENTS IN LAND AND BUILDING ARE RECORDED AT FAIR VALUE ON THE TRIAL BALANCE. THE BALANCE SHEET IS NOT ADJUSTED TO REFLECT HISTORICAL COST LESS ACCUMULATED DEPRECIATION. THE AMOUNT OF ANY CURRENT CHANGE IN UNREALIZED APPRECIATION/DEPRECIATION IS ADJUSTED DIRECTLY THROUGH EQUITY WITH NO CURRENT IMPACT ON NET INCOME. FORM 990, PART XI - RECONCILIATION OF NET ASSETS CONTRIBUTIONS FROM TRS 866,595 _________ OTHER CHANGES IN NET ASSETS: 866,595 PART XII, QUESTION 2C BARINGS LLC, AS ADVISOR FOR TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS PORTFOLIO, IS RESPONSIBLE FOR THE OVERSIGHT AND REVIEW OF ITS CONSOLIDATED AUDITED FINANCIAL STATEMENTS WHICH INCLUDES TR STONEHOLLOW CORP. PART XII, QUESTION 2D THERE ARE NO SEPARATE AUDITED FINANCIAL STATEMENTS FOR TR STONEHOLLOW CORP. HOWEVER, THE INVESTMENT IN TR STONEHOLLOW CORP. IS AUDITED AS PART OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS. SCHEDULE R AS THE INSTITUTIONAL TRUSTEE ENGAGED TO MANAGE CERTAIN PROPERTIES OF TRS, AND RESPONSIBLE FOR THE FILING OF THIS RETURN, WE ARE LISTING THE ENTITIES THAT WE KNOW OF, THAT WE ALSO MANAGE. WE DO NOT HAVE DIRECT KNOWLEDGE OF THE TRS OTHER INVESTMENT HOLDING ENTITIES THAT MIGHT BE CONSIDERED BROTHER/SISTER ENTITIES TO THIS TAXPAYER, NOR DO WE HAVE ACCESS TO THIS INFORMATION SUFFICIENT TO INCLUDE THEM ON SCHEDULE R. TRS OF THE STATE OF ILLINOIS 2815 W WASHINGTON ST SPRINGFIELD IL 62702 371314364 RETIREMENT IL NA false false false false false false false false false false false false false false false false false false true TEACHERS' RETIREMENT SYSTEM OF ILLINOIS S 866595 CASHFLOWS