2024-10-21T16:00:43-07:00 2023-12-31 990 2023-01-01 132583841 PARSTEM REALTY COMPANY INC PARS 3026343651 500 Stanton Christiana RD NCC 1-3 Newark DE 19713 Mihir Patel Vice President and Secretary 3026343948 2024-05-15 1 2023 2024-10-15 13:58:12Z X Mihir Patel JPMorgan Chase Bank N A 500 Stanton Christiana RD 1-3 Newark DE 19713 2303750 0 X X 1967 DE The Corporation has been organized for the exclusive purpose of holding title to property, collecting income therefrom and remitting the entire amount of such income, less expenses, to its sole shareholder Commingled Pension Trust Fund (Mortgage Private Placements of JPMorgan Chase Bank, N.A (the "Fund"), which Fund is exempt from taxation under Section 501(a) of the Internal Revenue Code of 1986, as amended. 5 5 0 0 0 0 0 0 0 0 0 0 2303750 2303750 2303750 2303750 0 0 0 0 0 0 0 0 0 0 0 0 0 2303750 2303750 4642000 4642000 0 0 4642000 4642000 X The Corporation holds title to property and the proceeds therefore are assigned by the Corporation to its stockholders/ members in consideration of their furnishing the funds for the purchase of the property. The stockholders are Pension Trusts described in and exempt from Federal Income Tax under Sections 401 and 501 of the Internal Revenue Code of 1954. 0 0 NA NA NA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 X 5 5 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 X JPMorgan Chase Bank N A 3026343651 JPMorgan Chase Bank N A 500 Stanton Christiana RD NCC 1-3 Newark DE 19713 X Daniel T Sang President 0 0 X X 0 0 0 Jay Dewaltoff Vice President 0 0 X X 0 0 0 Justin Wong Treasurer 0 0 X X 0 0 0 Naresh Gabani Director 0 0 X 0 0 0 Darrell Graf Director 0 0 X 0 0 0 Mihir Patel Vice President and Secretary 0 0 X 0 0 0 Gregory Thornton Assistant Secretary 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2303750 0 0 0 2303750 0 2303750 2303750 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2303750 2303750 0 0 0 0 0 0 1000 1000 4641000 4641000 4642000 4642000 0 0 X 1000 1000 4641000 4641000 0 0 4642000 4642000 4642000 4642000 X 2303750 0 0 0 0 -2303750 X 0 0 0 Form 990, Header, Line B Revenue was previously understated Form 990, Part I, Line 1 The Corporation has been organized for the exclusive purpose of holding title to property, collecting income therefrom and remitting the entire amount of such income, less expenses, to its sole shareholder Commingled Pension Trust Fund (Mortgage Private Placements of JPMorgan Chase Bank, N.A (the "Fund"), which Fund is exempt from taxation under Section 501(a) of the Internal Revenue Code of 1986, as amended. Form 990, Part III The Corporation holds title to property and the proceeds therefore are assigned by the Corporation to its stockholders/ members in consideration of their furnishing the funds for the purchase of the property. The stockholders are Pension Trusts described in and exempt from Federal Income Tax under Sections 401 and 501 of the Internal Revenue Code of 1954. Form 990, Part VI, Section A, Line 6 The Corporation has one shareholder, Commingled Pension Trust Fund (Mortgage Private Placement) of JPMorgan Chase Bank, N.A. (the "Fund"), which Fund is exempt from taxation under Section 501(a) of the Internal Revenue Code of 1986, as amended. Form 990, Part VI, Section A, Line 7a The sole shareholder holds annual meetings to elect and/or remove a new board of directors. The board of directors hold annual meeting to elect and/or remove officers. Form 990, Part VI, Section A, Line 7b The business of the corporation shall be managed by its board of directors with all actions approved by the sole shareholder. Form 990, Part VI, Section A, Line 8b To date, there are no committees or delegation of authority within the governing body. Form 990, Part VI, Section B, Line 11b The 990 is reviewed by the signer who is also an Officer/Director of the organization. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part XI, Line 9 The change in net assets or fund balances is a result of principal being paid on the property to which the Corporation holds title. This amount is distributed to the Shareholders. Notice CP211A Form 8868 from IRS approves the extension filed for tax period December 31, 2023 Employer ID 13-2583841 Parstem Realty Company, Inc. to be filed by November 15, 2024.