2025-11-13T18:48:06-06:00 2024-12-31 231392502 DUANE MORRIS LLP 30 S 17TH STREET PHILADELPHIA PA 191034196 990 2024-01-01 363922504 KEYSTONE-FLORIDA PROPERTY HOLDING CORP KEYS 6102656400 5 N 5TH STREET HARRISBURG PA 171011905 OJAS DESAI SECRETARY/TREASURER 6102656400 2025-11-05 1 0 BARBARA RUTH-COOK P01066743 2159791640 2025-11-05 2024 2025-03-06 01:10:19Z OJAS DESAI 5 N 5TH STREET HARRISBURG PA 171011905 16742307 0 X N/A X 1993 FL ACQUIRE REAL PROPERTY AND REMIT NET INCOME TO TAX-EXEMPT SHAREHOLDER OF THIS ORGANIZATION. 3 0 0 0 0 0 0 0 15448858 14096944 151541 167962 106113 2477401 15706512 16742307 0 0 0 0 0 0 0 0 0 15001011 15139036 15001011 15139036 705501 1603271 127872415 128898050 2211914 1735041 125660501 127163009 ACQUIRE REAL PROPERTY AND REMIT NET INCOME TO TAX-EXEMPT SHAREHOLDER OF THIS ORGANIZATION. 0 0 12805515 16574345 THE ORGANIZATION OPERATED RENTAL REAL ESTATE PROPERTY FOR ITS TAX-EXEMPT SHAREHOLDER, THE COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLOYEES' RETIREMENT SYSTEM (EIN: 23-1739115). 12805515 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 1 49 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 X MELISSA A QUACKENBUSH CO PSERS 7177204722 5 N 5TH STREET HARRISBURG PA 17101 BENJAMIN L COTTON DIRECTOR 1.00 37.50 X 0 488483 0 THOMAS A BAUER DIRECTOR 1.00 37.50 X 0 422304 0 MELISSA A QUACKENBUSH DIRECTOR 1.00 37.50 X 0 248728 0 WILLIAM Q O'CONNOR PRESIDENT 0.20 X 0 0 0 JOEL L BAYER VICE PRESIDENT 4.00 X 0 0 0 OJAS DESAI SECRETARY & TREASURER 4.00 X 0 0 0 0 1159515 0 0 0 1 0 JONES LANG LASALLE PO BOX 95028 CHICAGO IL 60694 MANAGEMENT FEE SERVICES 1548395 GENERAL CAULKING & COATINGS CO INC 101 NW 176TH STREET MIAMI FL 33169 BUILDING IMPROVEMENTS 1138777 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 1069661 O'CONNOR REAL ESTATE ADVISORS LLC 535 MADISON AVENUE 6TH FL NEW YORK NY 10022 INVESTMENT ADVISORY AND ASSET MANAGEMENT 900000 JONES LANG LASALLE AMERICAS INC PO BOX 95661 CHICAGO IL 60694 PAYROLL REIMBURSEMENT 838688 15 RENTAL INCOME 531390 14096944 14096944 14096944 167962 167962 LEASE CANCELLATION INCOME 531390 2383105 2383105 PARKING INCOME 531390 93355 93355 OTHER INCOME 531390 941 941 2477401 16742307 16574345 0 167962 401288 401288 900000 900000 633908 633908 2925033 2925033 OPERATING, REPAIRS AND 4674929 4674929 REAL ESTATE TAXES 2250096 2250096 UTILITIES 1920261 1920261 GENERAL AND ADMINISTRAT 1433521 1433521 15139036 12805515 2333521 0 1260158 2352576 12071725 12236037 1313304 971858 1878265 988616 112300000 0 111300000 112300000 48963 48963 127872415 128898050 881955 638159 911767 609791 418192 487091 2211914 1735041 X 1000 1000 2887782 2887782 122771719 124274227 125660501 127163009 127872415 128898050 X 1603271 -100763 X 0 1 X 0 0 25300000 25300000 87000000 87000000 112300000 TENANT SECURITY DEPOSITS 222162 OTHER LIABILITIES 264929 487091 X 16742307 0 16742307 0 16742307 15139036 0 15139036 0 15139036 PART X, LINE 2: PSERS, THE SOLE SHAREHOLDER OF THE COMPANY, IS EXEMPT FROM INCOME TAXES, AND ACCORDINGLY, NO INCOME TAX PROVISION HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THE ADVISOR EVALUATED THE COMPANY'S TAX POSITIONS AND CONCLUDED THAT THE COMPANY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO, OR DISCLOSURE IN, THE FINANCIAL STATEMENTS. 0 0 0 BENJAMIN L COTTON DIRECTOR 0 488483 0 0 0 0 0 0 0 0 0 488483 0 0 THOMAS A BAUER DIRECTOR 0 422304 0 0 0 0 0 0 0 0 0 422304 0 0 MELISSA A QUACKENBUSH DIRECTOR 0 248728 0 0 0 0 0 0 0 0 0 248728 0 0 FORM 990, PART VI, SECTION A, LINE 3 KEYSTONE - FLORIDA PROPERTY HOLDING CORP OWNS THE FORT LAUDERDALE GALLERIA REGIONAL MALL. THE OWNER RETAINED O'CONNOR REAL ESTATE ADVISORS, LLC, AN INDEPENDENT CONTRACTOR TO PERFORM INVESTMENT ADVISORY AND ASSET MANAGEMENT SERVICES. KEYSTONE - FLORIDA PROPERTY HOLDING CORP'S APPOINTED OFFICERS ARE ALL INDEPENDENT OFFICERS WHO ARE NOT SEPARATELY COMPENSATED BY THE OWNER. ADVISORY AND ASSET MANAGEMENT FEES WERE $900,000 IN 2024. THE DIRECT PAYMENTS FROM THE ORGANIZATION TO THE INVESTMENT ADVISORY AND ASSET MANAGEMENT COMPANY ARE REPORTED ON FORM 990, PART VII, SECTION B AS INDEPENDENT CONTRACTOR PAYMENTS. FORM 990, PART VI, SECTION A, LINE 6 THE COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM (PSERS) (TAX ID NUMBER 23-1739115) IS THE ORGANIZATION'S EXEMPT SHAREHOLDER. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE MEMBER ALSO HAS VOTING RIGHTS TO ELECT THE GOVERNING BOARD. THE MEMBERS OF THE GOVERNING BOARD APPROVE AND ELECT OFFICERS ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER APPROVES ALL MAJOR DECISIONS MADE BY THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN PREPARED BY THE COMPANY'S OUTSIDE ACCOUNTANTS AT DUANE MORRIS, LLP HAS BEEN PROVIDED TO ALL OFFICERS OF THE COMPANY FOR REVIEW AND COMMENTS BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: NET UNREALIZED APPRECIATION IN FAIR VALUE OF REAL ESTATE INVESTMENT -1,000,763. CONTRIBUTIONS 900,000. PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM (PSERS) 5 N 5TH STREET HARRISBURG PA 17101 231739115 PUBLIC SCHOOL EMPLOYEE RETIREMENT PLAN PA 401A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0