2024-05-14T06:07:21-05:00 2023-06-30 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2022-07-01 522223432 State Services Organization Inc STAT 2026245490 444 North Capitol Street NW 237 Washington DC 200011594 Audrey Williams Interim Executive Director 3012735177 2024-05-13 1 Audrey Williams XXX-XX-XXXX 1 Lori A Collingsworth P00639819 7038930300 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Audrey Williams 444 North Capitol Street NW 237 Washington DC 200011594 7773953 0 X www.sso.org X 2001 DC The purpose for which the corporation was formed was to lessen the burdens of government and assist charitable and educational organizations in their charitable and educational functions by providing office space in Washington, DC, and cost effective administrative services to Washington, DC offices of state and local governments, state legislatures, associations of state and/or local governments, associations of government officials, other state and local governmental instrumentalities and section 501(c)(3) organizations that interact with federal, state and local government agencies, instrumentalities or associations. X 4 4 10 0 144368 0 0 0 13569094 3928683 536863 94794 0 0 14105957 4023477 0 0 0 0 1156031 697640 0 0 0 14882307 7660938 16038338 8358578 -1932381 -4335101 18759540 2041444 13737673 1354678 5021867 686766 X The purpose for which the corporation was formed was to lessen the burdens of government and assist charitable and educational organizations in their charitable and educational functions by providing office space in Washington, DC, and cost effective administrative services to Washington, DC offices of state and local governments, state legislatures, associations of state and/or local governments, associations of government officials, other state and local governmental instrumentalities and Section 501(c)(3) organizations that interact with federal, state and local government agencies, instrumentalities or associations. 0 1 6745402 3174452 Rental operations provide office space in Washington, DC to state goverments and tax exempt organizations. 738625 587657 Administrative services provide communications, parking, printing, and reproduction, mail, meeting and other services in a cost effective manner to state governments and tax exempt organizations. 7484027 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 15 0 1 10 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Audrey Williams 3012735177 444 North Capitol Street NW 237 Washington DC 200011594 Jason Moseley CSG Chairman (Founding) 10.00 X X 0 0 0 LeAnne Redick Wilson NGA Board Director (Founding) 5.00 X 0 0 0 Victor Vialpando-Nunez NCSL Board Director (Founding) 5.00 X 0 0 0 Jim McClesky State of NC Board Director (State Office Rep) 5.00 X 0 0 0 Audrey Williams Interim Executive Director 40.00 X 162997 0 21989 Fabio Andrade Chief Information Officer 40.00 X 161190 0 13491 Val Ogora Sr. Logistics Manager 40.00 X 124302 0 11123 448489 0 46603 3 0 1 0 Venable LLP 750 E Pratt Street Ste 900 Baltimore MD 21202 Legal Services 531339 MGA Inc 1776 Eye Street NW Washington DC 20006 R/E Advisory Svcs. 301299 3Cubed Advisory Services LLC 111 S Calvert Street Ste 1400 Baltimore MD 21202 Consulting 108950 3 Rental operations 531120 3341026 3174452 166574 Administrative services 561000 587657 443289 144368 3928683 54683 54683 3790587 3750476 40111 40111 40111 4023477 3617741 144368 261368 199879 83008 116871 391228 153888 237340 16366 10094 6272 44734 27587 17147 45433 28019 17414 238609 3477 235132 32756 32756 3911 3911 89423 17451 71972 113423 97592 15831 89001 66257 22744 6816522 6748480 68042 -1631 -2850 1219 -2880 -3081 201 126370 125446 924 46952 21750 25202 Parking 90116 88903 1213 Books & Periodicals 25143 25143 Professional Dues -6777 -7137 360 8358578 7484027 874551 0 3824439 182590 1010143 1820164 7451792 38489 2008 0 142959 201 0 0 2542799 0 3785400 0 18759540 2041444 4039049 1354678 336363 0 9362261 0 13737673 1354678 X 5021867 686766 5021867 686766 18759540 2041444 -4335101 0 X 0 0 0 X 14972023 13992423 12068233 12737814 3617741 57388234 266575 441728 548711 536311 166574 1959899 15238598 14434151 12616944 13274125 3784315 59348133 0 6807411 6002517 5492667 5814837 2232096 26349528 6807411 6002517 5492667 5814837 2232096 26349528 32998605 350352 373809 255254 214732 54683 1248830 350352 373809 255254 214732 54683 1248830 15588950 14807960 12872198 13488857 3838998 60596963 0.54460 0.54860 0.02060 0.02120 X 2739639 44934 2784573 4493440 -226118 1500000 27683 2739639 7956068 1077295 4500000 39923 4493440 9809370 912084 2700000 65386 7956068 9008130 863692 62452 9809370 0.00000 0.00000 0.00000 0 0 0 Part V, Line 4: The organization maintained a Board-designated Reserve Fund until late 2022, at which time the Board removed the Board-imposed restrictions on the Reserve Fund. The Reserve Fund was a Board-designated fund for the investment of assets expected to be held greater than one year to allow funds to meet requirements from unbudgeted expenses and for capital expenditures. In addition, the Reserve Fund was created to enhance the purchasing of the portfolio and to provide financial stability to the organization. On September 2, 2022, the organization's Board commenced a wind-down of its activities and, as part of the wind-down, terminated the Board-designated Reserve Fund. The organization has effectively ceased operations and maintains its remaining financial assets in an unrestricted fund, and is using the amounts in the unrestricted fund to pay existing and new obligations before final dissolution. The organization expects to dissolve finally no later than 2025. X X X 1 0 0 0 0 0 0 0 0 Audrey Williams Interim Executive Director 161707 0 0 0 1290 0 14904 0 7085 0 184986 0 0 0 Fabio Andrade Chief Information Officer 124103 0 0 0 37087 0 8057 0 5434 0 174681 0 0 0 Part I, Line 4a The following individuals listed in Part VII-A received severance compensation upon termination in calendar year 2022 in connection with the organization's winding down of operations: Fabio Andrade, Chief Information Officer $36,860 Val Ogora, Sr. Logistics Manager $ 28,423 Leasehold improvements, property and equipment 2022-09-02 2416431 Net Book Value 132984114 MEBAR HOS LLC 400/444 North Capitol Street Washington DC 20001 Deferred rent receivable 2022-09-02 6920553 Book value 132984114 MEBAR HOS LLC 400/444 North Capitol Street Washington DC 20001 Deferred rent benefit (Liability) 2022-09-02 9006674 Book value 132984114 MEBAR HOS LLC 400/444 North Capitol Street Washington DC 20001 Tenant improvement allowance payable (Liability) 2022-09-02 1519585 Book value 132984114 MEBAR HOS LLC 400/444 North Capitol Street Washington DC 20001 AP and AR clearing (Liability) 2022-09-02 16360 Book value 132984114 MEBAR HOS LLC 400/444 North Capitol Street Washington DC 20001 Rent Deposits on Account (Liability) 2022-09-02 802732 Book value 132984114 MEBAR HOS LLC 400/444 North Capitol Street Washington DC 20001 Service Deposits on Account (Liability) 2022-09-02 14706 Book value 132984114 MEBAR HOS LLC 400/444 North Capitol Street Washington DC 20001 Investment sales- July-November Morgan Stanley Account 2022-11-30 2741898 Fair Market Value date of sale Sales through Morgan Stanley Brokerage Account 12505 PK Potomac Ave Ste 200 Potomac MD 20854 Investment sales- July-December Wells Fargo Account 2022-12-31 1048689 Fair Market Value date of sale Sales through Wells Fargo Brokerage Account 1753 Pinnacle Drive 3rd Fl McLean VA 22102 0 0 0 0 Part II- Sale, Exchange, Disposition, or Other Transfer of More Than 25% of the Organization's Assets:SSO is in the process of winding down and eventually liquidating and dissolving the organization. In connection with the wind-down process, SSO entered into a lease assignment agreement and transferred all tenant subleases and certain assets and certain liabilities to their landlord effective September 2, 2022 and most day to day rental operations and administrative services programs ceased as of October 31, 2022. The organization has effectively ceased operations and maintains its remaining financial assets in an unrestricted fund, and is using the amounts in the unrestricted fund to pay existing and new obligations before final dissolution. The organization expects to dissolve finally no later than 2025.During the fiscal year, SSO also liquidated its investment portfolio. Form 990, Part III, line 3 SSO is in the process of winding down and eventually liquidating and dissolving the organization. In connection with the wind down process, SSO transferred all tenant subleases to their landlord, and most day to day rental operations and administrative services programs ceased as of October 31, 2022. Form 990, Part VI, Section A, line 4 During the fiscal year the Board resolved to wind down operations and eventually liquidate and dissolve the organization. Form 990, Part VI, Section A, line 7a Elective of members and their rights. Two directors are at-large directors. One of these directors is a representative of and is elected by eligible associations and the other at-large director is a representative of and is elected by eligible state offices. Form 990, Part VI, Section B, line 11b The 990 is prepared by an outside accounting firm and is reviewed and signed by the Executive Director. A copy of the Form 990 is distributed to the Board of Directors prior to filing the return with the IRS. Form 990, Part VI, Section B, line 12c SSO requires officers and directors to certify that they have reviewed the conflict of interest policy on an annual basis. An individual found to be in violation of the conflict of interest policy is subject to appropriate disciplinary and corrective action. Form 990, Part VI, Section B, line 15a The policy on the process for determining compensation applies to the compensation of the Executive Director of SSO. The Executive Director of SSO reports to a Board of Directors. The SSO Board is responsible for annually evaluating the performance of the SSO Executive Director and sets the salary after reviewing data of comparable compensation for similarly qualified persons in a functionally comparable position at similarly situated organizations. The SSO Board contemporaneously communicates pay increase decisions and forwards appropriate documentation to human resources for payroll processing. Form 990, Part VI, Section C, line 19 Upon request.