2025-09-03T08:07:11-05:00 2024-12-31 KPMG LLP 345 Park Ave New York NY 101540102 990 2024-01-01 134010424 TGM REALTY CORP#20 % TGM ASSOCIATES LP TGMR 2128309300 650 FIFTH AVENUE 28TH FLOOR NEW YORK NY 10019 OZ TORAMAN VP & Asst. Treasurer 2128309333 2025-08-27 true BO LANG WU P01422925 2127589700 2025-06-23 2024 2025-03-06 01:10:19Z OZ TORAMAN 650 FIFTH AVENUE 28TH FLOOR NEW YORK NY 10019 53525177 false X N/A X 1998 DE SEE ATTACHMENT 1 5 0 0 0 0 0 0 0 40031 114205 27300887 26692241 27340918 26806446 0 0 0 0 0 0 0 0 0 8255475 8304915 8255475 8304915 19085443 18501531 571704376 594806183 282938897 285837503 288765479 308968680 X OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM ("OPERS") WILL ACHIEVE ITS VISION BY ACTING IN THE BEST INTEREST OF ITS PARTICIPANTS, MAINTAINING THE FINANCIAL SECURITY OF THE TRUST FUND, AND PROVIDING EXCEPTIONAL SERVICE TO OUR MEMBERS, BENEFIT RECIPIENTS, AND EMPLOYERS.TGM REALTY CORP. #20 (THE "COMPANY") WAS FORMED TO PURCHASE, OPERATE, AND SELL MULTI-FAMILY RESIDENTIAL REAL ESTATE THROUGH ITS WHOLLY OWNED QUALIFIED SUBSIDIARIES. THE COMPANY IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM AND TURNING OVER THE ENTIRE AMOUNT LESS EXPENSES TO OPERS, AN ORGANIZATION WHICH IS EXEMPT FROM INCOME TAX. THE COMPANY IS WHOLLY OWNED BY OPERS. false false NOT APPLICABLE - SEE ATTACHMENT 1 false false false false false false false false false true false false false true false true true false false false false false false false false false false false true false false false false false true false false false false false true false false true 0 0 0 false false false false false false false false false X 5 0 true true false false true false true false false false false false false false true false false false FL IN OH X TGM ASSOCIATES LP 2128309300 650 FIFTH AVENUE 28TH FLOOR NEW YORK NY 10019 X JOHN GOCHBERG PRESIDENT & CEO, SOLE DIRECTOR 10.0 0.0 X 324730 0 0 MICHAEL G FRAZZETTA Chief Financial Officer 10.0 0.0 X 320996 0 0 ZACHARY GOLDMAN VICE PRESIDENT 10.0 0.0 X 315711 0 0 OZGUR TORAMAN VICE PRESIDENT 10.0 0.0 X 214766 0 0 STEVEN MACY Senior Vice President 10.0 0.0 X 147116 0 0 GALE MARAMBA Corporate Scecretary 10.0 0.0 X 32931 0 0 1356250 0 0 5 false true true 0 0 0 114205 114205 0 1972 1972 53409000 26718731 26690269 0 26690269 26690269 0 0 0 0 0 0 0 0 0 0 0 26806446 26806446 0 0 0 0 0 0 0 0 0 0 0 43643 225245 0 0 0 0 0 0 0 0 0 0 0 0 7447664 0 0 0 ADVISORY FEES 458243 GENERAL & ADMIN 130120 8304915 0 0 5287546 9481699 0 0 0 0 0 0 0 0 0 0 0 0 4716830 2324484 583000000 561700000 583000000 0 0 0 0 0 0 0 0 0 0 571704376 594806183 5615675 5968068 0 0 0 0 0 0 0 0 0 0 220979298 221159422 0 0 56343924 58710013 282938897 285837503 X 1000 1000 87844221 95844221 200920258 213123459 288765479 308968680 571704376 594806183 X 18501531 1701670 X false true X false false 42656009 42656009 540343991 540343991 583000000 0 TENANT SECURITY DEPOSITS 541889 DIVIDEND PAYABLE 1628194 INCENTIVE ASSET MGMT FEES 56539930 58710013 68670682 15145505 15145505 53525177 -26718731 -26718731 26806446 40286678 31981763 31981763 8304915 8304915 PART XI, LINE 4B RENTAL EXPENSES SHOWN ON A NET BASIS FROM PART VIII, LINE 6B OF FORM 990 THAT ARE NOT NETTED WITH RENTAL INCOME ON THE AUDITED FINANCIAL STATEMENTS: $ (26,718,731). PART XII, LINE 2D RENTAL EXPENSES SHOWN ON A NET BASIS FROM PART VIII, LINE 6B OF FORM 990 THAT ARE NOT NETTED WITH RENTAL INCOME ON THE AUDITED FINANCIAL STATEMENTS: $ 26,718,731 ACCRUED ADVISORY FEE ON UNREALIZED APPRECIATION NOT SHOWN ON PART IX, LINE 25A OF FORM 990: $ 5,263,032 false false false MICHAEL G FRAZZETTA Chief Financial Officer 320996 0 0 0 0 0 0 0 0 0 320996 0 0 0 JOHN GOCHBERG PRESIDENT & CEO, SOLE DIRECTOR 324730 0 0 0 0 0 0 0 0 0 324730 0 0 0 ZACHARY GOLDMAN VICE PRESIDENT 315711 0 0 0 0 0 0 0 0 0 315711 0 0 0 STEVEN MACY Senior Vice President 147116 0 0 0 0 0 0 0 0 0 147116 0 0 0 OZGUR TORAMAN VICE PRESIDENT 214766 0 0 0 0 0 0 0 0 0 214766 0 0 0 GALE MARAMBA Corporate Scecretary 32931 0 0 0 0 0 0 0 0 0 32931 0 0 0 PART III THE OFFICERS, TRUSTEES, DIRECTORS, AND KEY EMPLOYEES AT TGM REALTY CORP #20 (TRC #20) ARE NOT COMPENSATED DIRECTLY BY THIS ORGANIZATION OR ANY RELATED TAX EXEMPT ORGANIZATION. THE OFFICERS, TRUSTEES, DIRECTORS, AND KEY EMPLOYEES ARE COMPENSATED BY TGM ASSOCIATES, L.P. ("ASSOCIATES"), A FOR-PROFIT ORGANIZATION. TRC #20 DOES NOT CONTROL ASSOCIATES, NOR DOES ASSOCIATES CONTROL TRC #20. BECAUSE THE BENEFICIAL OWNERS OF TRC #20 ARE NOT RELATED TO ASSOCIATES, ASSOCIATES WOULD BE CONSIDERED AN UNRELATED ORGANIZATION COMPENSATING THE OFFICERS FOR THEIR SERVICES TO TRC #20. ASSOCIATES PERFORMS ADVISORY AND MANAGEMENT SERVICES FOR THIS ORGANIZATION AND OTHER RELATED TAXABLE AND TAX EXEMPT ORGANIZATIONS. TGM ASSOCIATES LP Entity more than 40% 8331193 TGM Associates L.P. provides PART VI SECTION A LN 2 ALL OFFICERS HAVE A BUSINESS RELATIONSHIP. PART VI SECTION A LN 3 TGM ASSOCIATES LP PERFORMS MANAGEMENT SERVICES FOR TGM REALTY CORP #20. PART VI SECTION A LN 6 & 7B OPERS IS THE SOLE STOCKHOLDER IN TGM REALTY CORP #20 AND APPROVES SIGNIFICANT DECISIONS OF THE GOVERNING BODY PART VI SECTION A LN 8 TGM REALTY CORP #20 DOES NOT HAVE A FORMAL POLICY IN PLACE. PART VI SECTION C LN 19 TGM REALTY CORP #20 DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. IT DOES NOT HAVE A CONFLICT OF INTEREST POLICY. PART XI LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: UNREALIZED APPRECIATION OF REAL ESTATE INVESTMENTS 15,145,505 CAPITAL CONTRIBUTION 8,000,000 ACCRUED INCENTIVE FEE ON UNREALIZED APP. TO TGM ASSOC. (5,263,032) ACCRUED INCENTIVE FEE PAID BY SHAREHOLDER 2,500,852 SHAREHOLDER DISTRIBUTIONS (18,681,655) TOTAL OTHER CHANGES 1,701,670 =============== =============== OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM 277 EAST TOWN STREET COLUMBUS OH 43215 316401653 PENSION FUND OH 401(A) N/A NA false false false false false false false false false false false false false false true false false false false