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Nonprofiteer
← KNICKERBOCKER EDGE LLC

Form 990 for tax year 2022

Filed by KNICKERBOCKER EDGE LLC.

Totals

Total revenue
$7,170,454
Total expenses
$2,770,750
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$7,170,454
Total assets, end of year
$181,047,554
Total liabilities, end of year
$73,471,083
Net assets or fund balances, end of year
$107,576,471
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 $11,209,553

  • 6b · Less rental expenses

    real property $4,039,099

  • 6c · Rental income or loss

    real property $7,170,454

  • 6d · Net rental income or loss

    total $7,170,454 · related or exempt $7,170,454

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $48,558

  • 20 · Interest

    total $2,722,192

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $944,942 · end of year $644,771

  • 2 · Savings and temporary cash investments

    beginning of year $127,018 · end of year $131,571

  • 4 · Accounts receivable

    beginning of year $113,051 · end of year $98,375

  • 9 · Prepaid expenses and deferred charges

    beginning of year $141,154 · end of year $172,837

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

    $180,000,000

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $157,000,000 · end of year $180,000,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $670,021 · end of year $883,418

  • 19 · Deferred revenue

    beginning of year $92,238 · end of year $72,901

  • 21 · Escrow or custodial account liability

    beginning of year $188,758 · end of year $214,764

  • 23 · Secured mortgages and notes payable

    beginning of year $75,500,000 · end of year $72,300,000

  • 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 $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $81,875,148 · end of year $107,576,471

Mission and programs · 2022

Mission

PENSION BENEFIT ORGANIZATION

Activities or mission (Part I)

PENSION BENEFIT ORGANIZATIOIN

  • THE ORGANIZATION HOLDS THE TITLE TO VARIOUS PROPERTIES HELD FOR THE BENEFIT OF THE NYSTRS PENSION BENEFIT ORGANIZATION.

As filed on the 2022 return.

Listed in Part VII

  • David C Gillan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 37.4 related

  • Margaret Andriola

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 37.4 related

  • Thomas K Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 37.4 related

  • Adam Lesnick

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    0.1 + 37.4 related

  • Jack Wills

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1 + 37.4 related

  • Jeffrey B Torto

    OUTGOING PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1 + 37.4 related

  • Julie Ingersoll

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1 + 37.4 related

  • Maura Bilafer

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1 + 37.4 related

  • Rhona J Kisch

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.1 + 37.4 related

  • Xi Huang

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1 + 37.4 related

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.

  • KNICKERBOCKER COLD STORAGE LLC

    PENSION ORG · NY

  • MERRIT 7 INVESTORS LLC

    PENSION ORG · NY

  • MERRIT 7 VENTURES LLC

    PENSION ORG · NY

  • RSQ TOWER LLC

    PENSION ORG · NY

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202333199349325803

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