2025-11-12T10:55:21-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2024-01-01 582430422 ADIRONDACK TIMBER COMPANY ADIR 4044958587 15 PIEDMONT CENTER 1250 ATLANTA GA 30305 DARCY AUSTIN TREASURER 4044958587 2025-11-11 1 1 LORI ROTHE YOKOBOSKY P01273422 9732283500 2025-11-11 2024 2025-03-06 01:10:19Z DARCY AUSTIN 15 PIEDMONT CENTER 1250 ATLANTA GA 30305 11010643 0 X N/A X 1998 DE PENSISON BENEFIT ORGANIZATION 3 0 0 0 0 0 0 0 0 0 104042361 5549361 1235771 2791833 105278132 8341194 0 0 0 0 0 0 0 0 0 1062159 899370 1062159 899370 104215973 7441824 227692327 243122635 1112906 2876219 226579421 240246416 PENSION BENEFIT ORGANIZATION 0 0 THE ORGANIZATION HOLDS THE TITLE TO VARIOUS PROPERTIES HELD FOR THE BENEFIT OF THE NYSTRS PENSION BENEFIT ORGANIZATION. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 12 0 1 0 0 0 0 0 0 0 0 0 X 3 0 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 0 0 0 X DARCY AUSTIN CO FOREST INVESTMENT 4044958587 15 PIEDMONT CENTER 1250 ATLANTA GA 30305 X X DAVID C GILLAN DIRECTOR 1.00 36.50 X 0 0 0 MARGARET ANDRIOLA DIRECTOR 1.00 36.50 X 0 0 0 THOMAS K LEE DIRECTOR 1.00 36.50 X 0 0 0 ANDREW BOUTWELL VICE PREIDENT 1.00 36.50 X 0 0 0 DARCY AUSTIN TREASURER 1.00 X 0 0 0 JEFFREY D HALL VICE PRESIDENT 1.00 36.50 X 0 0 0 JON S SOKOL VICE PRESIDENT 1.00 36.50 X 0 0 0 M CHAD LINCOLN VICE PREIDENT 1.00 36.50 X 0 0 0 MICHAEL CECHIARO PRESIDENT 1.00 36.50 X 0 0 0 W BRYAN BLANKENSHIP VICE PRESIDENT 1.00 36.50 X 0 0 0 0 0 0 0 0 0 0 HORIZON APPLICATORS INC PO BOX 510 ARCADIA LA 71001 FORESTRY SERVICES 641304 PARKER FORESTRY CONSULTANTS 411 N PINE ST WOODVILLE TX 75979 TIMBER SALES SERVICES 580772 JG FORESTRY LLC 22904 HWY 69 N MINEOLA TX 75773 FORESTRY SERVICES 377016 PRT USA INC 1265 GA HWY 133 N SUITE 2 MOULTRIE GA 31768 FORESTRY SERVICES 222185 SUPERIOR FORESTRY SERVICE INC PO BOX 25 TILLY AR 72679 FORESTRY SERVICES 212188 5 18324 18324 147119 0 147119 147119 147119 8200486 2669449 5531037 5531037 5531037 EASEMENT 110000 1686633 1686633 HUNTING PERMITS 110000 958081 958081 2644714 8341194 2791833 0 5549361 22282 56673 6550 97526 20202 369867 EASEMENT 158018 DUES TO FORESSTRY ASSOC 33540 INTERIM APPRAISALS& IN 26200 SFI ADMINISTRATION 6766 101746 899370 3029389 3584496 175744 432952 239105187 224487194 239105187 227692327 243122635 392790 317893 720116 2558326 1112906 2876219 X 1 1 160845567 160845567 65733853 79400848 226579421 240246416 227692327 243122635 X 7441824 14049957 -7824786 X 0 1 X 1 0 239105187 239105187 239105187 X 24821147 14049957 14049957 10771190 -2429996 -2429996 8341194 3329366 2429996 2429996 899370 0 899370 PART X, LINE 2: IN ACCORDANCE WITH U.S. GAAP, ADIRONDACK TIMBER'S MANAGEMENT DETERMINES WHETHER A TAX POSITION OF ADIRONDACK TIMBER IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON TECHNICAL MERITS OF THE POSITION. FOR ANY TAX POSITIONS MEETING THE MORE-LIKELY-THAN NOT THRESHOLD, THE TAX AMOUNT RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WOULD BE REDUCED BY THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAXING AUTHORITY. ADIRONDACK TIMBER'S MANAGEMENT HAS DETERMINED THAT THERE WAS NO EFFECT ON THE CONSOLIDATED FINANCIAL STATEMENTS FROM ADIRONDACK TIMBER'S ADOPTION OF THIS AUTHORITATIVE GUIDANCE. ADIRONDACK TIMBER COMPANY, INC. I HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAXES HAVE BEEN PROVIDED FOR IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. ADIRONDACK TIMBER I, LLC IS A SINGLE-MEMBER LIMITED LIABILITY COMPANY WHOSE SOLE MEMBER IS ADIRONDACK TIMBER COMPANY, INC. I. ADIRONDACK TIMBER I, LLC IS A DISREGARDED ENTITY FOR INCOME TAX PURPOSES. PART XI, LINE 4B - OTHER ADJUSTMENTS: TIMBER AND TIMBERLAND EXPENSES -2,429,996. PART XII, LINE 2D - OTHER ADJUSTMENTS: TIMBER AND TIMBERLAND EXPENSES 2,429,996. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANZATION DELEGATES MANAGEMENT RESPONSIBILITIES TO FOREST INVESTMENT ASSOCIATES FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S GOVERNING BODY IS COMPRISED OF OFFICERS AND DIRECTORS. THE DIRECTORS WERE ELECTED UNDER THE BYLAWS OF THE ORGANIZATION. ALL OFFICERS ARE APPOINTED BY THE ORGANIZATION'S DIRECTORS. ALL OFFICERS AND DIRECTORS ACT TO CARRY OUT THE BUSINESS OF THE ORGANIZATION. SUBJECT TO THE BYLAWS, THE SOLE MEMBER, NYS TEACHERS' RETIREMENT SYSTEM (NYSTRS), MAY VETO OR CONFIRM DECISIONS MADE BY THE ORGANIZATION'S OFFICERS. FORM 990, PART VI, SECTION A, LINE 7A SEE EXPLANATION FOR PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION A, LINE 7B SEE EXPLANATION FOR PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS OF THE ORGANIZATION ARE RESPONSIBLE TO REVIEW THE FORM 990 PRIOR TO FILING. THE NEW YORK STATE TEACHERS' RETIREMENT SYSTEM RECEIVES A COPY OF THE FILED FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS THE SOLE RESPONSIBILITY OF NYSTRS. THE NYSTRS CODE OF ETHICS REQUIRES THAT EMPLOYEES REVIEW AND SIGN AN ANNUAL DISCLOSURE STATEMENT WITH HUMAN RESOURCES BY JANUARY 10 OF EACH YEAR. ANY POTENTIAL CONFLICTS OF INTEREST, INCLUDING ELECTED POSITIONS, BUSINESS HOLDINGS, INVESTMENT INTERESTS, ETC. OF EMPLOYEES OR THEIR SPOUSE, DEPENDENT, OR MEMBER OF HOUSEHOLD MUST BE DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION IS AN IRC 501(C)(2) ENTITY HOLDING TITLE TO TIMBER AND TIMBERLANDS AND REMITTING THE NET INCOME TO THE NEW YORK STATE TEACHERS' RETIREMENT SYSTEM, AN IRC 401(A) ORGANIZATION. ADDITIONALLY, THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES THEREFORE THERE ARE NO PROCESSES RELATED TO EMPLOYEE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE PENSION BENEFIT ORGANIZATION MAKES THE DOCUMENTS REFERENCED IN QUESTIONS 18 AND 19 AVAILABLE UPON REQUEST TO THE PUBLIC. FORM 990 PART VII SECTION A NYS TEACHERS RETIREMENT SYSTEM (NYSTRS) IS A SECTION 401(A) TRUST THAT IS RELATED TO ADIRONDACK TIMBER COMPANY (ADIRONDACK), AND ADIRONDACK'S THREE DIRECTORS ARE EMPLOYED BY NYSTRS. THE ORGANIZATION'S THREE DIRECTORS ARE THOMAS LEE, EXECUTIVE DIRECTOR AND CIO OF NYSTRS DAVID C GILLAN, MANAGING DIRECTOR OF REAL ESTATE AT NYSTRS AND MARGARET ANDRIOLA., NYSTRS CHIEF FINANCIAL OFFICER. AS PART OF THE ANNUAL TAX COMPLIANCE PROCESS, ADIRONDACK ASKED NYSTRS FOR THE COMPENSATION INFORMATION FOR THESE THREE INDIVIDUALS WHO ARE EMPLOYED BY THE NYSTRS. ADIRONDACK MADE REASONABLE EFFORTS TO OBTAIN COMPENSATION INFORMATION AND REQUESTS WERE MADE BOTH IN WRITING AND VIA PHONE CALLS. ADIRONDACK WAS UNABLE TO OBTAIN THE COMPENSATION INFORMATION FROM NYSTRS AND IS UNABLE TO PROVIDE A REASONABLE ESTIMATE OF THIS INFORMATION. FORM 990, PART XI, LINE 9: DISTRIBUTION -7,824,786. ADIRONDACK TIMBER I LLC 15 PIEDMONT CTR NE STE 1250 ATLANTA GA 30305 223812797 TIMBER DE 0 0 ADIRONDACK TIMBER COMPANY ARROWHEAD LANDING LLC 1251 AVE OF THE AMERICAS 35TH FL NEW YORK NY 10020 800436608 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 FOLSOM WILLOW SPRINGS LLC 1251 AVENUE OF AMERICAS 35TH FLOOR NEW YORK NY 10020 270490519 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER BARRINGTON PLACE LLC PO BOX 5005 NEW YORK NY 10163 471842024 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER CENTENNIAL LLC 1251 AVENUE OF AMERICAS 35TH FLOOR NEW YORK NY 10020 862673658 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER EDENS LLC PO BOX 5005 NEW YORK NY 10163 464299865 PENSION ORG DE 501(C)(2) N/A NYSTRS 0 KNICKERBOCKER EDGE LLC ONE BATTERY PARK PLAZA NEW YORK NY 10004 832640879 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER LONGWOOD LLC 230 PARK AVENUE 12TH FL NEW YORK NY 10169 261342962 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XI 2001 ROSS AVENUE STE 3400 DALLAS TX 75201 043248950 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XII 1201 THRID AVENUE STE 3000 SEATTLE WA 98101 911656953 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XIX 1251 AVENUE OF AMERICAS 35TH FLOOR NEW YORK NY 10020 680367474 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XL 2001 ROSS AVENUE STE 3400 DALLAS TX 75201 841622619 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XLI 1251 AVENUE OF AMERICAS 35TH FLOOR NEW YORK NY 10020 760738190 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XLII 1251 AVENUE OF AMERICAS 35TH FLOOR NEW YORK NY 10020 743101324 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XLIII 2001 ROSS AVENUE STE 3400 DALLAS TX 75201 201460024 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XV 2001 ROSS AVENUE STE 3400 DALLAS TX 75201 043255688 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XX 1251 AVENUE OF AMERICAS 35TH FLOOR NEW YORK NY 10020 133856954 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XXXIX 1251 AVENUE OF AMERICAS 35TH FLOOR NEW YORK NY 10020 421551325 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XXXVI 2001 ROSS AVENUE STE 3400 DALLAS TX 75201 223791633 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER PROPERTIES INC XXXVIII 1251 AVENUE OF AMERICAS 35TH FLOOR NEW YORK NY 10020 134198844 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 KNICKERBOCKER TN ESTATES LLC 1251 AVENUE OF AMERICAS 35TH FLOOR NEW YORK NY 10020 862788853 PENSION ORG DE 501(C)(25) N/A NYSTRS 0 NYS TEACHERS' RETIREMENT SYSTEM 10 CORPORATE WOODS DRIVE ALBANY NY 12211 146000735 PENSION ADMIN NY 401(A) N/A N/A 0 KNICKERBOCKER COLD STORAGE LLC 100 WILSHIRE BLVD SUITE 100 SANTA MONICA CA 90401 862512503 PENSION ORG NY N/A 0 0 MERRIT 7 INVESTORS LLC 230 PARK AVENUE 12TH FLOOR NEW YORK NY 10169 452538607 PENSION ORG NY N/A 0 0 MERRIT 7 VENTURES LLC 230 PARK AVENUE 12TH FLOOR NEW YORK NY 10169 133834107 PENSION ORG NY N/A 0 0 RSQ TOWER LLC 230 PARK AVENUE 12TH FLOOR NEW YORK NY 10169 320538422 PENSION ORG NY N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 NYS TEACHERS' RETIREMENT SYSTEM R 7824786 FMV