Form 990 for tax year 2023
Filed by CPT SC TITLE HOLDING CORPORATION.
Totals
- Total revenue
- $17,032,678
- Total expenses
- $266,176
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $14,313,514
- Other revenue
- $2,719,164
- Total assets, end of year
- $38,188,308
- Total liabilities, end of year
- $354,966
- Net assets or fund balances, end of year
- $37,833,342
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
6a · Gross rents
real property $5,587,082
-
6b · Less rental expenses
real property $2,867,918
-
6c · Rental income or loss
real property $2,719,164
-
6d · Net rental income or loss
total $2,719,164 · related or exempt $2,719,164
-
7a · Gross sales of assets other than inventory
securities $22,866,320
-
7b · Less cost or other basis and sales expenses
securities $8,552,806
-
7c · Gain or loss
securities $14,313,514
-
7d · Net gain or loss
total $14,313,514 · excluded $14,313,514
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $8,383
-
11f · Fees: investment management
total $257,793
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $932,063 · end of year $609,044
-
4 · Accounts receivable
beginning of year $72,009 · end of year $27,688
-
9 · Prepaid expenses and deferred charges
beginning of year $34,751 · end of year $51,576
-
10a · Land, buildings and equipment: cost or other basis
$37,500,000
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $67,550,000 · end of year $37,500,000
-
17 · Accounts payable and accrued expenses
beginning of year $217,962 · end of year $104,226
-
25 · Other liabilities
beginning of year $256,435 · end of year $250,740
-
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 $46,717,001 · end of year $38,547,286
-
31 · Retained earnings, endowment or other funds
beginning of year $21,397,425 · end of year -$713,944
Mission and programs · 2023
Mission
TITLE HOLDING COMPANY
-
THE CORPORATION HOLDS TITLE TO VARIOUS REAL ESTATE PROPERTIES LOCATED THROUGHOUT SOUTHERN CALIFORNIA WHICH COLLECTS AND DISTRIBUTES RENTAL INCOME LESS EXPENSES ON BEHALF OF THE SOUTHWEST CARPENTERS PENSION TRUST.
As filed on the 2023 return.
Listed in Part VII
-
CURTIS CONYERS JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BERT LEWITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DOUGLAS MCCARRON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PETE RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
-
SOUTHWEST CARPENTERS PENSION TRUST
401(A) / 501(A) · TO PROVIDE PENSION BENEFITS · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443119349302439
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