2025-11-10T14:49:37-06:00 2024-12-31 231392502 DUANE MORRIS LLP 30 S 17TH STREET PHILADELPHIA PA 191034196 990 2024-01-01 752477137 KEYSTONE-TEXAS PROPERTY HOLDING CORP C/O L&B REALTY ADVISORS LLP KEYS 2149890800 5910 N CENTRAL EXPRESSWAY 1200 DALLAS TX 75206 JENNIFER A HANSON VICE PRESIDENT & TREASURER 2149890800 2025-11-07 1 0 BARBARA RUTH-COOK P01066743 2159791640 2025-11-07 2024 2025-03-06 01:10:19Z JENNIFER A HANSON 5910 N CENTRAL EXPRESSWAY 1200 DALLAS TX 75206 1726089 0 X N/A X 1993 TX ACQUIRE REAL PROPERTY AND REMIT NET INCOME TO TAX-EXEMPT SHAREHOLDER OF THIS ORGANIZATION. 3 0 0 0 0 0 0 0 1684062 1724931 681 1158 0 0 1684743 1726089 0 0 0 0 0 0 0 0 0 120096 108192 120096 108192 1564647 1617897 30510371 30203659 42355 47746 30468016 30155913 ACQUIRE REAL PROPERTY AND REMIT NET INCOME TO TAX-EXEMPT SHAREHOLDER OF THIS ORGANIZATION. 0 0 108192 1726089 THE ORGANIZATION OPERATED RENTAL REAL ESTATE PROPERTY FOR ITS TAX-EXEMPT SHAREHOLDER, THE COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLOYEES' RETIREMENT SYSTEM (EIN: 23-1739115). TOTAL DISTRIBUTIONS TO ITS SHAREHOLDER IN 2024 WERE $1,530,000. 108192 0 0 0 0 0 0 0 0 0 1 0 0 1 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 3 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 JENNIFER A HANSON CO L&B REALTY ADVISORS LLP 2149890800 5910 N CENTRAL EXPWY STE 1200 DALLAS TX 75206 X MELISSA A QUACKENBUSH DIRECTOR 1.00 X 0 248728 0 THOMAS A BAUER DIRECTOR 1.00 X 0 422304 0 BENJAMIN L COTTON DIRECTOR 1.00 X 0 488483 0 DANIEL L PLUMLEE PRESIDENT & SECRETARY 0.20 X 0 0 0 JENNIFER A HANSON VICE PRESIDENT & TREASURER 0.20 X 0 0 0 TERRENCE E MCCOY VICE PRESIDENT 4.00 X 0 0 0 0 1159515 0 0 0 1 0 0 RENTAL INCOME 531120 1724931 1724931 1724931 1158 1158 1726089 1724931 0 1158 32876 32876 68940 68940 4679 4679 30 30 1007 1007 BANK FEES 660 660 108192 108192 0 0 91534 142226 218315 260822 522 611 3341387 3341387 3341387 26858613 26458613 30510371 30203659 17118 22510 25237 25236 42355 47746 X 1000 1000 -103934455 -103934455 134401471 134089368 30468016 30155913 30510371 30203659 X 1617897 -400000 -1530000 X 0 1 X 0 0 3341387 3341387 3341387 FMV ADJUSTMENT (SEE SCH O EXPLANATION FOR PART X, LINE 15) 26458613 26458613 DUE TO OTHERS 25236 25236 X 1726089 0 1726089 0 1726089 108192 0 108192 0 108192 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 L&B REALTY ADVISORS, LLP IS ENGAGED AS A MANAGEMENT COMPANY FOR THIS ORGANIZATION. THE OFFICERS OF KEYSTONE-TEXAS PROPERTY HOLDING CORP. ARE EMPLOYEES OF L&B REALTY ADVISORS, LLP. 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 SHAREHOLDER ALSO HAS VOTING RIGHTS TO ELECT THE GOVERNING BOARD. THE MEMBERS OF THE GOVERNING BOARD ELECT OFFICERS AND APPROVE PREVIOUSLY ELECTED OFFICERS ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B THE DIRECTORS MUST APPROVE ALL MAJOR DECISIONS MADE BY THE OFFICERS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B PSERS IS PROVIDED WITH THE TAX RETURN AND PERFORMS A THOROUGH REVIEW PRIOR TO FILING TO ENSURE THAT THEY AGREE WITH THE INFORMATION PRESENTED IN THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12 L&B REALTY ADVISORS, LLP IS ENGAGED AS A MANAGEMENT COMPANY FOR THIS ORGANIZATION AND HAS WRITTEN POLICIES IN PLACE FOR THE FOLLOWING: CONFLICT OF INTEREST, COMPLIANCE, WHISTLEBLOWER, DOCUMENT RETENTION AND DESTRUCTION, AND COMPENSATION. THE OFFICERS OF KEYSTONE-TEXAS PROPERTY HOLDING CORP. ARE EMPLOYEES OF L&B REALTY ADVISORS, LLP AND THEREFORE FOLLOW THESE POLICIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST TO: THE DIRECTOR OF PROPERTY REPORTING, L&B REALTY ADVISORS, LLP, 5910 NORTH CENTRAL EXPRESSWAY, SUITE 1200, DALLAS, TX 75206 FORM 990, PART VII, SECTION A, LINE 5: THE OWNER OF KEYSTONE-TEXAS PROPERTY HOLDING CORP., INC. PAYS A MANAGEMENT FEE TO L&B REALTY ADVISORS, LLP. L&B REALTY ADVISORS, LLP PAYS THE OFFICERS OF KEYSTONE-TEXAS PROPERTY HOLDING CORP. L&B REALTY ADVISORS, LLP IS A MANAGEMENT COMPANY AND THEREFORE PAYS THE EMPLOYEES TO MANAGE ENTITIES WHICH INCLUDES THIS NON-PROFIT. THE COMPENSATION IS PAID TO COVER ALL OF THEIR ENTITIES, BOTH FOR PROFIT AND NON-PROFIT, AND IS NOT EXCLUSIVELY SEPARATED BY ENTITY. ADDITIONAL DETAIL IS AVAILABLE UPON REQUEST TO: THE DIRECTOR OF PROPERTY REPORTING, L&B REALTY ADVISORS, LLP, 5910 NORTH CENTRAL EXPRESSWAY, SUITE 1200, DALLAS, TX 75206. FORM 990, PART XI, LINE 9: DISTRIBUTION TO PSERS -1,530,000. PENNSYLVANIA PUBLIC SCHOOL EMPLOYEES' RETIREMENT SYSTEM 5 NORTH 5TH STREET HARRISBURG PA 17101 231739115 PUBLIC PENSION PLAN PA 401(A) NOT APPLICABLE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0