2026-05-15T09:47:00-05:00 2025-06-30 PwC US Tax LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2024-07-01 412153934 MIDNIGHT SUN INC C/O UBS FARMLAND INVESTORS LLC % JAMES B MCCANDLES MIDN 8606169200 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 SHAKIA MEACHEM AUTHORIZED SIGNATORY 8606169200 2026-05-15 true true ALBERT N ANTONELLI DIRCTOR P01496650 2673303000 2026-05-14 2024 2025-03-06 01:10:19Z JAMES B MCCANDLESS 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 6501502 false X N/A X 2008 DE THE ORGANIZATION'S MISSION IS TO ACT AS A REAL PROPERTY TITLE HOLDING COMPANY. 3 3 0 0 0 0 0 0 6862931 6400279 5645450 0 0 101223 12508381 6501502 0 0 0 0 0 0 0 0 0 2181872 2187587 2181872 2187587 10326509 4313915 189792611 189542218 1179531 999262 188613080 188542956 X THE ORGANIZATION'S MISSION IS TO ACT AS A REAL PROPERTY TITLE HOLDING COMPANY. false false THE ORGANIZATION ACQUIRES, HOLDS TITLE TO, AND COLLECTS INCOME FROM REAL PROPERTY. IT REMITS THE ENTIRE AMOUNT, LESS EXPENSES, TO ITS OWNER(S). false false false false false false false false false true false false false false 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 15 0 true 0 false false false false false false false false X 3 3 false false false false true true false true true false false false false false false false false false AZ CA CO ID MS TX WA X JAMES B MCCANDLES 8606169200 10 STATE HOUSE SQUARE 12TH FLOOR HARTFORD CT 06103 X CULLUM JEFFERIES DIRECTOR - VICE PRESIDENT 0.01 0.0 X X 0 0 0 DANIEL MURRAY DIRECTOR - VICE PRESIDENT 0.01 0.0 X X 0 0 0 JAMES B MCCANDLESS DIRECTOR - PRESIDENT/TREASURER 0.01 0.0 X X 0 0 0 BARBARA A MISSAL SECRETARY 0.01 0.0 X 0 0 0 BRIAN C DUKE VICE PRESIDENT 0.01 0.0 X 0 0 0 CHARLES W BRYAN JR VICE PRESIDENT 0.01 0.0 X 0 0 0 ERIK ROGET VICE PRESIDENT 0.01 0.0 X 0 0 0 0 0 0 0 false false false UBS FARMLAND INVESTORS LLC 10 STATE HOUSE SQUARE 12TH FLOOR HARTFORD CT 061033604 INVESTMENT MGMT. 1094784 HERTZ FARM MANAGEMENT PO BOX 467 MONTICELLO IL 61856 MANAGEMENT FEES 111066 2 0 RENTAL INCOME 531120 6400279 6400279 6400279 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS 900099 101223 101223 101223 6501502 6400279 0 0 0 0 0 0 0 0 0 0 0 0 240864 3052 32614 0 0 1106115 86305 0 0 0 0 524885 0 0 0 0 0 0 76227 MAINTENANCE & REPAIRS 94643 SUSTAINIBILITY FEES 19066 FILING FEES 1309 MISCELLANEOUS EXPENSES 2507 2187587 898431 676753 0 0 0 0 1036842 1031818 0 0 0 0 0 0 0 0 113819 124167 187709480 0 187743519 187709480 0 0 0 0 0 0 0 0 0 0 189792611 189542218 210956 188040 0 0 968575 811222 0 0 0 0 0 0 0 0 0 0 0 0 1179531 999262 X 10 10 68029281 69068417 120583789 119474529 188613080 188542956 189792611 189542218 X 4313915 -1073174 -3310865 X false true X true false 170939716 170939716 2944192 2944192 4958322 4958322 8867250 8867250 187709480 0 0 X SCHEDULE D, PART X, LINE 2 - FIN 48 (ASC 740) FOOTNOTE: THE COMPANY'S ENTITIES WERE ORGANIZED TO ACQUIRE AND HOLD TITLE TO REAL PROPERTY. THEY ARE WHOLLY OWNED BY STATE OF ALASKA PENSION PLANS, WHICH ARE QUALIFIED PLANS UNDER SECTION 401(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED ("IRC"), AND WHICH ARE SUBJECT TO THE FIDUCIARY RESPONSIBILITY OF ARMB FOR INVESTMENTS OF THE COLLECTIVE FUNDS THAT IT MANAGES AND ADMINISTERS. THE COMPANY'S ENTITIES ARE GENERALLY EXEMPT FROM FEDERAL TAX, EXCEPT FOR THOSE ENTITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS TAXABLE INCOME ("UBTI"). THE ADVISOR IS NOT AWARE OF ANY UBTI EARNED BY THE COMPANIES; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. THE COMPANY'S ENTITIES MAY BE SUBJECT TO CERTAIN STATE AND LOCAL INCOME, EXCISE OR FRANCHISE TAXES. THERE WAS NO SIGNIFICANT TAX LIABILITY OR BENEFIT RELATED TO SUCH TAXES RECORDED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. THE COMPANY HAS EVALUATED THE UNCERTAINTIES OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BASED ON THE PROBABILITY OF WHETHER IT IS MORE LIKELY THAN NOT THE POSITIONS WILL BE SUSTAINED UPON AUDIT BASED ON TECHNICAL MERIT FOR OPEN TAX YEARS. THE COMPANY CONCLUDED THAT IT DOES NOT HAVE ANY UNRECOGNIZED TAX BENEFITS OR ANY ADDITIONAL TAX LIABILITIES FOR ANY UNCERTAIN TAX POSITIONS. THE COMPANY'S ENTITIES FILE INCOME TAX RETURNS IN FEDERAL AND VARIOUS STATE AND LOCAL JURISDICTIONS. A NUMBER OF YEARS MAY ELAPSE BEFORE AN UNCERTAIN TAX POSITION IS AUDITED AND FINALLY RESOLVED. TAX YEARS SINCE 2020 ARE OPEN AND REMAIN SUBJECT TO FEDERAL, STATE AND LOCAL EXAMINATIONS. FORM 990, PART VI, LINE 6: THE ALASKA RETIREMENT MANAGEMENT BOARD (ARMB) HOLDS 100% OF THE ORGANIZATION'S STOCK ON BEHALF OF ALASKA STATE PENSION PLANS AND HAS THE CORRESPONDING RIGHTS TO ELECT DIRECTORS AND RECEIVE DISTRIBUTIONS. FORM 990, PART VI, LINE 7A: ARMB, AS THE SOLE SHAREHOLDER, HAS THE RIGHT TO APPOINT THE ORGANIZATION'S DIRECTORS. FORM 990, PART VI, LINE 11B: THE TAX RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. UBS INVESTORS LLC, ITS MANAGER, REVIEWED THE FORM 990 PRIOR TO SIGNING AND FILING WITH THE IRS. FORM 990, PART VI, LINE 12A, 13 & 14: THERE ARE NO SEPARATE WRITTEN POLICIES FOR MIDNIGHT SUN, INC. HOWEVER, THE MEMBERS OF THE GOVERNING BODY ARE EMPLOYEES OF THE MANAGEMENT COMPANY, UBS FARMLAND INVESTORS LLC, AND ARE SUBJECT TO THE CONFLICT OF INTEREST AND OTHER POLICIES OF THE MANGEMENT COMPANY. ANNUALLY, THE UBS COMPLIANCE OFFICER CONFIRMS OFFICER COMPLIANCE WITH THESE POLICIES. THE COMPLIANCE POLICY WILL BE PROVIDED UPON REQUEST. FORM 990, PART VI, LINE 15A & 15B: THE ORGANIZATION HAS NO EMPLOYEES AND DOES NOT PAY COMPENSATION TO ITS OFFICERS OR DIRECTORS. FORM 990, PART VI, LINE 19: REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS OR FUND BALANCES CONTRIBUTIONS $1,039,135 DISTRIBUTIONS ($4,350,000) ------------ ($3,310,865) MIDNIGHT SUN INC II 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 743258052 HOLDING CO DE 501(C)(25) ARMB(PARENT) false MIDNIGHT SUN INCIII 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 300483984 HOLDING CO DE 501(C)(25) ARMB(PARENT) false MIDNIGHT SUN INC IV 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 320248989 HOLDING CO DE 501(C)(25) ARMB(PARENT) false MIDNIGHT SUN INC V 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 611563035 HOLDING CO DE 501(C)(25) ARMB(PARENT) false MIDNIGHT SUN INC VI 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 300483987 HOLDING CO DE 501(C)(25) ARMB(PARENT) false MIDNIGHT SUN INC VII 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 800198669 HOLDING CO DE 501(C)(25) ARMB(PARENT) false MIDNIGHT SUN INC VIII 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 300617570 HOLDING CO ID 501(C)(25) ARMB(PARENT) false ALASKA RETIREMENT MANAGEMENT BOARD 333 WILLOUGHBY STREET 11 FL JUNEAU AK 99811 920121775 PENSION AK NA false WINTON INDUSTRIAL CENTER INC 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 330871388 HOLDING CO DE 501(C)(25) ARMB(PARENT) false MEMPHIS INDUSTRIAL PARK INVESTORS INC 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 061566509 HOLDING CO DE 501(C)(25) ARMB(PARENT) false WESTFORD VALLEY MARKTETPLACE INC 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 330850675 HOLDING CO DE 501(C)(25) ARMB(PARENT) false WINSTON PARK CENTER INC 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 330825666 HOLDING CO DE 501(C)(25) ARMB(PARENT) false 330 NORTH BRAND INC 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 200521721 HOLDING CO DE 501(C)(25) ARMB(PARENT) false VIRGINIA SQUARE OFFICE CORPORATION 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 342021330 HOLDING CO MD 501(C)(25) ARMB(PARENT) false SPRINGBROOK APARTMENTS INVESTORS LLC CO 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 871238447 HOLDING CO DE 501(C)(25) ARMB(PARENT) false REMINGTON AT LONE TREE APARTMENTS INVEST 10 STATE HOUSE SQUARE 12TH FL HARTFORD CT 06103 871250808 HOLDING CO DE 501(C)(25) ARMB(PARENT) false false false false false false false false false false false false false false false false false false true true