Springbrook Apartments Investors LLC CO UBS REALTY INVESTORS LLC is located in Hartford, CT.
For the year ending 06/2023, Springbrook Apartments Investors LLC CO UBS REALTY INVESTORS LLC generated $4.1m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $2.3m during the year ending 06/2023. While expenses have increased by 1.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TITLE HOLDING COMPANY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ACQUIRED AND HELD TITLE TO REAL PROPERTY, COLLECTED AND REMITTED THE INCOME THEREFROM TO ITS OWNER ALASKA RETIREMENT MANAGEMENT BOARD (A TAX-EXEMPT ENTITY).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President/director | OfficerTrustee | 0 | $0 |
Name Not Listed Vice President/director | OfficerTrustee | 0 | $0 |
Name Not Listed Treasurer | Officer | 0 | $0 |
Name Not Listed Secretary | Officer | 0 | $0 |
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 | $4,102,039 |
Investment income | $3,421 |
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 | $4,105,460 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $237,706 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $66,227 |
Payroll taxes | $0 |
Fees for services: Management | $313,177 |
Fees for services: Legal | $6,772 |
Fees for services: Accounting | $5,766 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $21,255 |
Office expenses | $21,846 |
Information technology | $36,467 |
Royalties | $0 |
Occupancy | $641,682 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $649,000 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $28,781 |
All other expenses | $0 |
Total functional expenses | $2,305,497 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $209,466 |
Savings and temporary cash investments | $171,391 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $128,755 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $26,312 |
Net Land, buildings, and equipment | $69,702,700 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $70,238,624 |
Accounts payable and accrued expenses | $194,779 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $24,400,000 |
Other liabilities | $103,377 |
Total liabilities | $24,698,156 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $22,655,269 |
Retained earnings, endowment, accumulated income, or other funds | $22,885,199 |
Total liabilities and net assets/fund balances | $70,238,624 |