MARSHALL SQUARE INVESTMENT GROUPINC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: MARSHALL SQUARE INVESTMENT GROUPINC (EIN 20-4349535)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-11
IRS object ID: 202323159349301822
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-11T14:25:30+00:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	346565596	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ERNST & YOUNG US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	18101 VON KARMAN AVENUE	AddressLine1Txt
City	IRVINE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92612	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	204349535	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Marshall Square Investment Group Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MARS	BusinessNameControlTxt
Phone	3109887305	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2274 E MAPLE AVE	AddressLine1Txt
City	EL SEGUNDO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90245	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SAMUEL DEPOY	PersonNm
Person Title	VP/SECRETARY/TREASURER	PersonTitleTxt
Phone	3109887305	PhoneNum
Signature	2023-11-11	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	SAMUEL	PersonFirstNm
Person Last	DEPOY	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Kara Adams	PreparerPersonNm
PTIN	P00023315	PTIN
Phone	9497942300	PhoneNum
Preparation	2023-11-09	PreparationDt

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MICHAEL L MCHARGUE	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2274 E MAPLE AVE	AddressLine1Txt
City	EL SEGUNDO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90245	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$8,129,254	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2006	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	TITLE HOLDING COMPANY	ActivityOrMissionDesc
Voting Members Governing Body	3	VotingMembersGoverningBodyCnt
Voting Members Independent	2	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$8,034,426	PYProgramServiceRevenueAmt
CY Program Service Revenue	$8,088,873	CYProgramServiceRevenueAmt
PY Investment Income	$522	PYInvestmentIncomeAmt
CY Investment Income	$40,381	CYInvestmentIncomeAmt
PY Other Revenue	$17,478	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$8,052,426	PYTotalRevenueAmt
CY Total Revenue	$8,129,254	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$4,339,321	PYOtherExpensesAmt
CY Other Expenses	$6,478,970	CYOtherExpensesAmt
PY Total Expenses	$4,339,321	PYTotalExpensesAmt
CY Total Expenses	$6,478,970	CYTotalExpensesAmt
PY Revenues Less Expenses	$3,713,105	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,650,284	CYRevenuesLessExpensesAmt
Total Assets BOY	$178,044,342	TotalAssetsBOYAmt
Total Assets EOY	$169,822,387	TotalAssetsEOYAmt
Total Liabilities BOY	$27,309,108	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$89,461,345	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$150,735,234	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$80,361,042	NetAssetsOrFundBalancesEOYAmt
Mission	NONE	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	THE EXEMPT PURPOSE OF MARSHALL SQUARE INVESTMENT GROUP, INC. IS TO HOLD REAL PROPERTY AND COLLECT THE INCOME FROM SUCH PROPERTY FOR THE BENEFIT OF THE ALASKA PERMANENT FUND CORPORATION.	Desc
Total Program Service Expenses	$0	TotalProgramServiceExpensesAmt
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (true)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	11	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	3	GoverningBodyVotingMembersCnt
Independent Voting Member	2	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (true)	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	false	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MICHAEL MCHARGUE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3109887305	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2274 E MAPLE AVE	AddressLine1Txt
City	EL SEGUNDO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90245	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
KIM SMITH
VICE PRESIDENT	0.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
MICHAEL L MCHARGUE
PRESIDENT	0.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
SAMUEL DEPOY
VP/SECRETARY/TREASURER	0.0	0.0	Yes (X)	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt	Address Line2ContractorAddress/USAddress/AddressLine2Txt
CS CAPITAL MANAGEMENT INC
2274 E MAPLE AVE	EL SEGUNDO	CA	90245	ASSET MANAGEMENT	$814,132
FIELD CONSTRUCTION INC
PO BOX 45109	SAN FRANCISCO	CA	941455109	CONSTRUCTION	$597,150
ABLE BUILDING MAINTENANCE
868 FOLSOM ST	SAN FRANCISCO	CA	94107	JANITORIAL SERVICES	$325,454
JONES LANG LASALLE AMERICAS INC
200 E RANDOLPH DRIVE 43 FLOOR	CHICAGO	CA	60601	PROPERTY MANAGEMENT	$272,030
THYSSENKRUPP ELEVATOR CORPORATION
3100 INTERSTATE N CIRCLE SE	ATLANTA	GA	30339	ELEVATOR MODERNIZATION AND MAINTENANCE	$233,199	STE 505

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	9	CntrctRcvdGreaterThan100KCnt
Total Contributions	$0	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REAL PROPERTY RENTAL INCOME	531190	$6,020,101	$6,020,101
TENANT REIMBURSEMENTS	531190	$1,982,126	$1,982,126
OTHER TENANT REVENUE	531190	$86,646	$86,646

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$8,088,873	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$40,381	TotalRevenueColumnAmt
Exclusion	$40,381	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt
Other	$0	OtherAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,129,254	TotalRevenueColumnAmt
Related Or Exempt Func Income	$8,088,873	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$40,381	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$132,151	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$30,998	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$36,397	TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$832,192	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$2,256	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$12,834	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,582,088	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$2,874,214	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt
REPAIRS & MAINTENANCE	$975,073
TAXES AND LICENSES	$767

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,478,970	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$5,611,196	BOYAmt
EOY	$4,354,886	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$384,502	BOYAmt
EOY	$416,743	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$17,497	BOYAmt
EOY	$19,612	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$165,000,000	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$0	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$172,000,000	BOYAmt
EOY	$165,000,000	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$31,147	BOYAmt
EOY	$31,146	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$178,044,342	BOYAmt
EOY	$169,822,387	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,744,573	BOYAmt
EOY	$699,242	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$438,037	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$24,999,858	BOYAmt
EOY	$24,324,066	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$564,677	BOYAmt
EOY	$64,000,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$27,309,108	BOYAmt
EOY	$89,461,345	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	-$17,454,097	BOYAmt
EOY	-$81,545,697	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$168,189,331	BOYAmt
EOY	$161,906,739	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$150,735,234	BOYAmt
EOY	$80,361,042	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$178,044,342	BOYAmt
EOY	$169,822,387	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$1,650,284	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$7,932,876	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$64,091,600	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	false	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,256,758	OtherCostOrOtherBasisAmt
Book Value	$11,256,758	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$143,373,765	OtherCostOrOtherBasisAmt
Book Value	$143,373,765	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,369,477	OtherCostOrOtherBasisAmt
Book Value	$10,369,477	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$165,000,000	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
SECURITY DEPOSITS
LOAN FROM RELATED PARTIES	$64,000,000

Field	Value	IRS element (for citing)
Total Liability	$64,000,000	TotalLiabilityAmt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CS CAPITAL MANAGEMENT INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship Description	SEE PART V	RelationshipDescriptionTxt
Transaction	$814,132	TransactionAmt
Transaction	ASSET MANAGEMENT	TransactionDesc
Sharing Of Revenues	false	SharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule L, Part IV	FormAndLineReferenceDesc
Explanation	MICHAEL L. MCHARGUE IS AN OFFICER OF MARSHALL SQUARE INVESTMENT GROUP, INC. AND IS A 75% OWNER OF CS CAPITAL MANAGEMENT, INC.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons	MICHAEL L. MCHARGUE AND SAMUEL DEPOY ARE OFFICERS OF CS CAPITAL MANAGEMENT, INC. - Business relationship
Form 990, Part VI, Line 3 Delegation of management duties	CONTROL OVER MANAGEMENT DUTIES HAS BEEN DELEGATED BY THE ORGANIZATION TO CS CAPITAL MANAGEMENT, INC.
Form 990, Part VI, Line 6 Classes of members or stockholders	THE SOLE SHAREHOLDER OF THE ORGANIZATION IS THE ALASKA PERMANENT FUND CORPORATION. THE CORPORATION SHALL ONLY HAVE ONE CLASS OF STOCK. THE TYPE OF ENTITY PERMITTED TO BE A STOCKHOLDER IS LIMITED TO ORGANIZATIONS DESCRIBED IN IRC SECTION 501(C)(25)(C).
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body	AN ANNUAL MEETING OF THE MEMBERS, FOR THE ELECTION OF DIRECTORS TO SUCCEED THOSE WHOSE TERMS EXPIRE AND FOR THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING, SHALL BE HELD AT SUCH PLACE, ON SUCH DATE, AND AT SUCH TIME AS THE BOARD OF DIRECTORS SHALL EACH YEAR FIX, WHICH DATE SHALL BE WITHIN THIRTEEN (13) MONTHS SUBSEQUENT TO THE LATER OF THE DATE OF INCORPORATION OR THE LAST ANNUAL MEETING OF STOCKHOLDERS.
Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body	QUESTION 8B WAS ANSWERED NO BECAUSE THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
Form 990, Part VI, Line 11b Review of form 990 by governing body	QUESTION 11 WAS ANSWERED NO BECAUSE NO REVIEW WAS OR WILL BE CONDUCTED BY THE ORGANIZATION'S GOVERNING BODY. THE FORM 990 WAS REVIEWED BY THE ORGANIZATION'S EXTERNAL TAX PROVIDER.
Form 990, Part VI, Line 19 Required documents available to the public	THE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	DISTRIBUTION OF NET INCOME TO SOLE SHAREHOLDER, ALASKA PERMANENT FUND CORP - -64091600;

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (32 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd
INDEPENDENCE PLAZA INVESTMENT GROUP INC
2274 E MAPLE AVE	EL SEGUNDO	CA	90245	261492445	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
MAUI MARKETPLACE INVESTMENT GROUP INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	990346589	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
NORTHGATE BUSINESS PARK INC
1251 AVENUE OF THE AMERICAS	NEW YORK	NY	10020	911727643	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
100 PINE STREET INVESTMENT GROUP LLC
1206 FUHRMAN WAY	ROSEVILLE	CA	95747	251920623	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
100 TREETOPS LANE INVESTMENT GROUP LLC
1206 FUHRMAN WAY	ROSEVILLE	CA	95747	912061842	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
1100 MEREDITH LANE INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	943212787	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
2301 W SAN BERNARDINO AVE INVESTMENT GROUP
801 WEST 10TH STREET	JUNEAU	AK	88901	202834066	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
249 AND CENTERFIELD INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	943211760	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
4875 HUNTER AVENUE INVESTMENT GROUP INC
801 WEST 10TH STREET	JUNEAU	AK	88901	202201042	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
550 CORPORATE CENTER INVESTMENT GROUP INC
2274 E MAPLE AVE	EL SEGUNDO	CA	90245	954723326	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
601 PINE STREET INVESTMENT GROUP INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	830413926	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
801 WEST 10TH INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	911894742	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
ARAPAHO PLACE INC
601 108TH AVE NE SUITE 1900	BELLEVUE	WA	98004	911680040	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
ARBORETUM MARKET INVESTMENT GROUP INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	202422242	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
BRAINTREE IRF INVESTMENT GROUP INC
2274 E MAPLE AVE	EL SEGUNDO	CA	90245	475065731	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
BRIDGEPOINT PLAZA INVESTMENT GROUP INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	203921745	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
CHURCHILL ON THE PARK INVESTMENT GROUP
1251 AVENUE OF THE AMERICAS	NEW YORK	NY	10020	203452907	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
COMMONS AT WILLOWBROOK INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	943211759	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
COUNTERPOINT CENTER INC
601 108TH AVE NE 1900	BELLEVUE	WA	98004	911683108	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
EASTPOINT BUSINESS CENTER INC
1251 AVENUE OF THE AMERICAS	NEW YORK	NY	10020	680339001	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
GATEWAY I GROUP INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	223709317	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
INMAN PARK INVESTMENT GROUP INC
1251 AVENUE OF THE AMERICAS	NEW YORK	NY	10020	202515689	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
KUKUI GROVE CENTER INVESTMENT GROUP INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	202862899	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
KUKUI MARKETPLACE INVESTMENT GROUP INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	202862866	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
KUKUI MARKETPLACE SPE INC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	202862866	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
NORTHERN LIGHTS INDUSTRIAL GROUP INC
1251 AVENUE OF THE AMERICAS	NEW YORK	NY	10020	261569792	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
PARC HURON APARTMENTS LLC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	800794403	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
SAND LAKE WEST BUSINESS PARK INC
				133794420	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
VILLAS AT STONE OAK RANCH INVESTMENT GROUP
1251 AVENUE OF THE AMERICAS	NEW YORK	NY	10020	202149550	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
WOBURN IRF INVESTMENT GROUP INC
2274 E MAPLE AVE	EL SEGUNDO	CA	90245	475054436	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)
ALASKA PERMANENT FUND CORPORATION
801 W 10TH SUITE 302	JUNEAU	AK	99801	926001185	ASSET MANAGEMENT	AK		NA	false
LIFE SCIENCE PLAZA INVESTMENT GROUP LLC
2274 E MAPLE AVE	EL SEGUNDO	CA	90245	311669880	TITLE-HOLDING	DE	501(c)(25)	NA	Yes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (11 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Address Line2USAddress/AddressLine2Txt
CITYCENTRE VENTURE PARTNERS LP
C/O LASALLE 1206 FUHRMAN WAY	ROSEVILLE	CA	95747	452739748	TITLE-HOLDING	WA	NA
CITYCENTRE NORTH VENTURE PARTNERS LP
C/O LASALLE 1206 FUHRMAN WAY	ROSEVILLE	CA	95747	471403396	TITLE-HOLDING	WA	NA
DENALI INDUSTRIAL PROPERTIES LLC
C/O CS CAPITAL MANAGEMENT	EL SEGUNDO	CA	90245	320434794	TITLE-HOLDING	DE	NA	2274 E MAPLE AVE
GATEWAY ENERGY SERVICES GROUP
C/O CB RICHARD ELLIS	BELLEVUE	WA	98004	451061480	TITLE-HOLDING	DE	NA	601 108TH AVE NE SUITE 1900
LIFE SCIENCE PLAZA HOLDINGS LLC
C/O CS CAPITAL MANAGEMENT	EL SEGUNDO	CA	90245	811016814	TITLE-HOLDING	DE	NA	2274 E MAPLE AVE
LIFE SCIENCE PLAZA INVESTMENT GROUP LP
C/O CS CAPITAL MANAGEMENT	EL SEGUNDO	CA	90245	311669880	TITLE-HOLDING	DE	NA	2274 E MAPLE AVE
CRESTLINE AK DISTRESSED INVESTMENTS FUND LP
201 MAIN STREET SUITE 1900	FORT WORTH	TX	76102	061815921	INVEST MANAGENT	DE	NA
CRESTLINE AK PERMANENT FUND LP
201 MAIN STREET SUITE 1900	FORT WORTH	TX	76102	753160862	INVEST MANAGENT	DE	NA
LAZARD AK PERMANENT FUND LP
30 ROCKEFELLER PLAZA	NEW YORK	NY	10112	204855618	INVEST MANAGENT	DE	NA
MARINER AK PERMANENT FUND LP
500 MAMARONECK AVE SUITE 101	HARRISON	NY	10528	204927586	INVEST MANAGENT	DE	NA
MARINER II AK PERMANENT FUND LP
500 MAMARONECK AVE SUITE 101	HARRISON	NY	10528	161777271	INVEST MANAGENT	DE	NA

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt
120 EAST 87TH STREET LLC
8750 N CENTRAL EXPRESSWAY 800	DALLAS	TX	75231	133804188	TITLE-HOLDING	DE	NA	C Corporation
RP 299 PARK LLC
1206 FUHRMAN WAY	ROSEVILLE	CA	95747	364662317	TITLE-HOLDING	DE	NA	C Corporation
TOWER CENTER II INVESTMENT GROUP LLC
1251 AVENUE OF THE AMERICAS	NEW YORK	NY	10020	954518660	TITLE-HOLDING	DE	NA	C Corporation

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	Yes (true)	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (true)	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd