2011-09-13T11:54:04-05:00 2010-12-31 CARR RIGGS & INGRAM LLC 7550 HALCYON SUMMIT DRIVE MONTGOMERY AL 36117 990 2010-01-01 510292269 NEW WATER STREET CORP NEWW 2127479120 55 WATER STREET NEW YORK NY 10041 ROBERT CHASE 2127479120 2011-09-07 1 M CHAD SINGLETARY CPA 3342716678 2011-09-07 2010 2016-02-24 21:20:13Z ROBERT CHASE 55 WATER STREET NEW YORK NY 10041 150291232 0 X WWW.55WATER.COM X 1986 DE THE ORGANIZATION OWNS AND LEASES AN OFFICE BUILDING. THE NET PROFITS ARE DISTRIBUTED FOR THE BENEFIT OF A QUALIFIED PENSION FUND FOR EMPLOYEES OF STATE OF ALABAMA. 5 5 61 0 0 0 0 0 142921937 150135589 426609 155643 0 0 143348546 150291232 0 0 0 0 5624764 5729067 0 0 0 81400537 89626175 87025301 95355242 56323245 54935990 631347247 628916645 8642643 6276051 622704604 622640594 THE ORGANIZATION OWNS AND LEASES AN OFFICE BUILDING. THE NET PROFITS ARE DISTRIBUTED FOR THE BENEFIT OF A QUALIFIED PENSION FUND OF THE STATE OF ALABAMA. 0 0 THE ORGANIZATION OWNS AND LEASES AN OFFICE BUILDING. THE NET PROFITS ARE DISTRIBUTED FOR THE BENEFIT OF A QUALIFIED PENSION FUND OF THE STATE OF ALABAMA. 0 0 0 0 0 0 0 0 1 0 0 0 0 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 0 1 25 0 1 61 1 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 0 1 0 1 0 0 1 1 0 X ROBERT CHASE NEW WATER STREET CORP 2127479120 55 WATER STREET NEW YORK NY 10041 DR DAVID BRONNER 5.00 X X 0 376596 0 BRUCE HODGES 5.00 X 0 0 0 THOMAS MILNE 5.00 X 0 0 0 STEPHEN GLENNON 5.00 X 0 0 0 WILLIAM STEPHENS 5.00 X 0 0 0 HAROLD BRIDGEWOOD 40.00 X X 255185 0 9504 FRANK MAGNANI 40.00 X X 111958 0 4827 WILLIAM H PUPPLO 40.00 X X 182046 0 19753 GEORGE ACERO 40.00 X X 188675 0 13557 ROBERT CHASE 40.00 X X 239647 0 27726 DENNIS GOMEZ 40.00 X X 197746 0 0 AVERELL REYES 40.00 X X 158985 0 0 GLENN OLDHOFF 40.00 X 144000 0 0 WILLIAM LAVIN 40.00 X 139717 0 0 ROBERT BANKS 40.00 X 124186 0 0 BRIAN BOYLAN 40.00 X 123717 0 0 ARMANDO GUZMAN 40.00 X 112257 0 0 1978119 376596 75367 13 0 1 0 HARVARD PROTECTION SERVICE LLC 570 7TH AVENUE NEW YORK NY 10018 SECURITY CONTACT 2335936 HIGHLAND ASSOCIATES 102 HIGHLAND AVENUE CLARKS SUMMIT PA 18411 CONSTRUCTION SERVICES 294813 FRESH MEADOWS CHILLER SERVICES LLC 65-01 FRESH MEADOW LANE FRESH MEADOWS NY 11365 MECHANICAL EQUIPMENT SERVICES 226779 TIMBIL MECHANICAL LLC 68 FANNY ROAD BOONTON NJ 07005 MECHANICAL EQUIPMENT SERVICES 213183 FRIED FRANK HARRIS SHIVER & JACOBSON ONE NEW YORK PLAZA NEW YORK NY 10022 LEGAL SERVICES 169136 5 RENTAL INCOME 531120 103865966 103865966 TENANT RECOVERIES & RE 531120 46269623 46269623 150135589 155643 155643 150291232 150135589 0 155643 1409609 3027782 978911 312765 179863 56200 103685 43616062 3362 21863853 5570154 TAXES & LICENSES 13470548 REPAIRS & MAINTENANCE 3575539 MESSAGE CENTER 221258 CORPORATE EXPENSES 175226 790425 95355242 34271147 58609693 4318351 5151114 183010466 175704414 594195173 204743749 409747283 389451424 631347247 628916645 5299869 5636402 3342774 639649 8642643 6276051 X 176 176 339604824 339604824 283099604 283035594 622704604 622640594 631347247 628916645 X 54935990 -55000000 X X 0 1 1 X 0 35100000 35100000 366418092 118180528 248237564 179949452 83742416 96207036 12282674 2820805 9461869 444955 444955 389451424 150291232 95355242 54935990 -55000000 -55000000 -64010 150291232 0 150291232 0 150291232 95355242 0 95355242 0 95355242 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COMPANY ADOPTED THE PROVISIONS OF FASB ASC (ACCOUNTING STANDARDS CODIFICATION) NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ON JANUARY 1, 2009. AS A RESULT OF THE IMPLEMENTATION OF ASC NO. 740, THE COMPANY HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS IT HAS NO KNOWN TAX POSITIONS THAT WOULD SUBJECT THE COMPANY TO ANY MATERIAL INCOME TAX EXPOSURE. THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION ARE THE YEARS ENDED DECEMBER 31, 2007 THROUGH 2010 FOR ALL MAJOR TAX JURISDICTIONS. PART XI, LINE 8 - OTHER ADJUSTMENTS: DIVIDENDS TO SHAREHOLDERS -55,000,000. X 0 0 0 DR DAVID BRONNER 0 376596 0 0 0 0 0 0 0 0 0 376596 0 376529 HAROLD BRIDGEWOOD 255185 0 0 0 0 0 7350 0 2154 0 264689 0 247855 0 WILLIAM H PUPPLO 182046 0 0 0 0 0 5332 0 14421 0 201799 0 211975 0 GEORGE ACERO 188675 0 0 0 0 0 5622 0 7935 0 202232 0 203358 0 ROBERT CHASE 239647 0 0 0 0 0 7169 0 20557 0 267373 0 248357 0 DENNIS GOMEZ 197746 0 0 0 0 0 0 0 0 0 197746 0 0 0 AVERELL REYES 158985 0 0 0 0 0 0 0 0 0 158985 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NEW WATER STREET CORP IS OWNED 99% BY THE TEACHERS RETIREMENT SYSTEM OF ALABAMA, EMPLOYEES RETIREMENT SYSTEM OF ALABAMA AND JUDICIAL RETIREMENT SYSTEM OF ALABAMA (COLLECTIVELY RSA) WITH THE REMAINING 1% OWNED BY THE ALABAMA STATE BOARD OF INSURANCE. FORM 990, PART VI, SECTION A, LINE 7A RETIREMENT SYSTEMS OF ALABAMA, AS 99% OWNER OF NEW WATER STREET CORPORATION, SELECTS THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ALL DECISIONS OF NEW WATER STREET CORP ARE SUBJECT TO APPROVAL BY RETIREMENT SYSTEMS OF ALABAMA, THE MAJORITY OWNER. FORM 990, PART VI, SECTION B, LINE 11 ROBERT CHASE, THE VICE PRESIDENT OF FINANCE, REVIEWS THE 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATIONS EMPLOYEE HANDBOOK CONTAINS A STATEMENT ON CONFLICTS OF INTEREST. IT IS PROVIDED TO EMPLOYEES AT EMPLOYMENT. THE POLICY IS REINFORCED AT EMPLOYEE MEETINGS PERIODICALLY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATIONS BOARD OF DIRECTORS CONDUCTS PERFORMANCE EVALUATIONS OF EXECUTIVE STAFF AND DETERMINES AND APPROVES COMPENSATION. THE DELIBERATIONS AND COMPENSATION APPROVALS ARE DOCUMENTED VIA THE MINUTES OF THE MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: DIVIDENDS TO SHAREHOLDERS -55,000,000. TOTAL TO FORM 990, PART XI, LINE 5: -55,000,000. AUDIT COMMITTEE FORM 990,PART XI, QUESTION 2C THE BOARD OF DIRECTORS APPROVES THE SELECTION OF THE INDEPENDENT AUDIT FIRM AND OVERSEES THE AUDIT PROCESS. RETIREMENT SYSTEMS OF ALABAMA 201 SOUTH UNION STREET MONTGOMERY AL 36104 STATE PENSION PLAN AL 401(A) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RETIREMENT SYSTEMS OF ALABAMA (DIVIDEND DISTRIBUTIONS) Q 55000000 CASH TRANSACTION