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Nonprofiteer
← 4875 HUNTER AVENUE INVESTMENT GROUP INC

Form 990 for tax year 2022

Filed by 4875 HUNTER AVENUE INVESTMENT GROUP INC.

Totals

Total revenue
$3,148,854
Total expenses
$1,592,561
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,148,854
Investment income
$0
Other revenue
$0
Total assets, end of year
$102,774,410
Total liabilities, end of year
$41,224,810
Net assets or fund balances, end of year
$61,549,600
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$0

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: REAL PROPERTY RENTAL INCOME

    total $2,770,801 · related or exempt $2,770,801

  • 2b · Program service revenue: TENANT REIMBURSEMENTS

    total $378,053 · related or exempt $378,053

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $0 · related or exempt $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0

  • 5 · Royalties

    total $0 · related or exempt $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $53,069

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total -$500

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $11,500

  • 12 · Advertising and promotion

    total $97

  • 13 · Office expenses

    total $1,082

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $318,487

  • 17 · Travel

    total $125

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $1,207,911

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: TAXES AND LICENSES

    total $790

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $385,564 · end of year $273,476

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $13,827 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,857 · end of year $934

  • 10a · Land, buildings and equipment: cost or other basis

    $102,500,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $78,500,000 · end of year $102,500,000

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,606 · end of year $219,231

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $5,579

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,935 · end of year $41,000,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year -$4,813,165 · end of year -$47,713,565

  • 31 · Retained earnings, endowment or other funds

    beginning of year $83,706,872 · end of year $109,263,165

Mission and programs · 2022

Mission

NONE

Activities or mission (Part I)

TITLE HOLDING COMPANY

  • THE EXEMPT PURPOSE OF 4875 HUNTER AVENUE INVESTMENT GROUP, INC. IS TO HOLD REAL PROPERTY AND COLLECT THE INCOME FROM SUCH PROPERTY FOR THE BENEFIT OF THE ALASKA PERMANENT FUND CORPORATION.

As filed on the 2022 return.

Listed in Part VII

  • Edward Rime

    VP/TREASURER

    Total calculated
    $0
    Hours/week
    0

  • Marcus Frampton

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • Tim Andreyka

    VP/SECRETARY

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • CITYCENTRE VENTURE PARTNERS LP

    TITLE-HOLDING · WA

    Directly controlled by NA

  • CITYCENTRE NORTH VENTURE PARTNERS LP

    TITLE-HOLDING · WA

    Directly controlled by NA

  • DENALI INDUSTRIAL PROPERTIES LLC

    TITLE-HOLDING · DE

    Directly controlled by NA

  • GATEWAY ENERGY SERVICES GROUP LLC

    TITLE-HOLDING · DE

    Directly controlled by NA

  • CRESTLINE AK DISTRESSED INVESTMENT FUND LP

    INVEST MANAGEMENT · DE

    Directly controlled by NA

  • CRESTLINE AK PERMANENT FUND LP

    INVEST MANAGEMENT · DE

    Directly controlled by NA

  • LAZARD AK PERMANENT FUND LP

    INVEST MANAGEMENT · DE

    Directly controlled by NA

  • MARINER AK PERMANENT FUND LP

    INVEST MANAGEMENT · DE

    Directly controlled by NA

  • MARINER II AK PERMANENT FUND LP

    INVEST MANAGEMENT · DE

    Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • 120 EAST 87TH STREET LLC

    C Corporation · TITLE-HOLDING · DE

    Directly controlled by NA

  • RP 299 PARK LLC

    C Corporation · TITLE-HOLDING · DE

    Directly controlled by NA

  • TOWER CENTER II INVESTMENT GROUP LLC

    C Corporation · TITLE-HOLDING · DE

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2022
Filed
11 November 2023
IRS schema version
2022v5.0
Source object
202333149349306023

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