Keystone Florida Property Holding Corp

Organization Overview

Keystone Florida Property Holding Corp is located in Harrisburg, PA. The organization was established in 1994. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2021, Keystone Florida Property Holding Corp generated $17.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $13.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE COMPANY SERVES AS A TITLE HOLDING COMPANY FOR THE BENEFIT OF THE COMMONWEALTH OF PENNSYLVANIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM, A TAX EXEMPT PENSION FUND WHICH MEETS THE REQUIREMENTS OF SEC 401(A).

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COMPANY SERVES AS A TITLE HOLDING COMPANY FOR THE BENEFIT OF THE COMMONWEALTH OF PENNSYLVANIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM, A TAX EXEMPT PENSION FUND WHICH MEETS THE REQUIREMENTS OF SEC 401(A).


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Board, Officers & Key Employees

Name (title)Compensation
William Q Oconnor
President
$0
Ojas Desai
Secretary & Treasurer
$0
Joel L Bayer
Vice President
$0
James H Grossman Jr
Director
$0
Charles J Spiller
Director
$0
Melissa A Quackenbush
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Allied Universal Security Services
Security Services
$858,131
Jones Lang Lasalle
Management Fees, Payroll, Expense Reimbu
$2,232,839
Kimco Facility Services Llc
Commercial Cleaning Services
$597,889
O'connor Real Estate Advisors Llc
Advisory And Asset Management Fees
$900,000
Dwell Design Studio Llc
Architectural Services
$325,739
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$17,094,647
Investment income $9,068
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,315,641

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