2024-02-15T08:32:53-06:00 2023-03-31 221478099 COHNREZNICK LLP 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2022-04-01 861151478 FAMCO FAMC 2099316472 8618 TREASURE AVENUE STOCKTON CA 95212 RUSSELL L WYLIE CEO 2099316472 2024-02-15 1 RUSSELL WYLIE 999009999 0 JOLANTA TUCK CPA P01340068 9164429100 2024-02-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RUSSELL L WYLIE 8618 TREASURE AVENUE STOCKTON CA 95212 12757567 0 X N/A X 2005 CA FAMCO WAS ESTABLISHED PERSUANT TO FREDDIEMAC REGULATIONS AS A SEPARATE ENTITY TO HOLD REAL ESTATE PROPERTIES FOR THE EXCLUSIVE BENEFIT OF PARK BIXBY TOWER, INC. 9 5 0 3 0 0 287063 146796 92264 9845 85332 9787057 210000 0 674659 9943698 0 0 0 0 86963 146796 0 0 0 287910 62840 374873 209636 299786 9734062 8745738 17939134 897270 464700 7848468 17474434 TO HOLD AND MAINTAIN PROPERTIES FOR THE EXCLUSIVE BENEFIT OF PARK BIXBY TOWER, INC., A RELATED NON-PROFIT RELIGIOUS CORPORATION 0 0 62840 9470976 FAMCO HOLDS PROPERTIES ON BEHALF OF PARK BIXBY TOWER, INC., A RELATED ORGANIZATION. 62840 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 CA X RUSSELL WYLIE 2099316472 8618 TREASURE AVE STOCKTON CA 95212 LOIS RICHEY DIRECTOR 1.00 1.00 X 0 0 0 MARK DUNN DIRECTOR 1.00 10.00 X X 0 9874 0 MATTHEW WYLIE TREASURER AND DIRECTOR 1.00 10.00 X X 0 6000 0 MICHAEL WYLIE PRESIDENT AND CEO AND DIRECTOR 10.00 30.00 X X 0 398951 43113 RUSSELL WYLIE CHAIR, BOARD OF DIRECTORS 10.00 30.00 X X 0 180726 44106 MICHAEL WILLCOXON SECRETARY AND DIRECTOR 1.00 0.50 X X 0 0 0 THADDEUS WOJCIK DIRECTOR 1.00 2.00 X 0 0 0 LORA KERMODE WYLIE DIRECTOR 1.00 5.00 X 0 0 0 WILLIAM HALEY DIRECTOR 1.00 1.00 X 0 0 0 0 595551 87219 0 0 1 0 0 146796 146796 146796 RENTAL INCOME, NET 531110 9845 9845 9845 325926 325926 12275000 2813869 9461131 9461131 9461131 9943698 9470976 0 325926 139294 139294 7502 7502 6300 6300 15456 15456 19857 19857 421 421 19607 19607 REPAIRS & MAINTENANCE 1199 1199 209636 62840 146796 0 588688 521039 5235389 16956578 460000 460000 0 2460144 1517 1517 8745738 17939134 29370 867900 464700 897270 464700 X 7848468 17474434 7848468 17474434 8745738 17939134 9734062 -108096 0 X 0 1 X 1 0 X X X 1 PARK BIXBY TOWER INC 952821080 10 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTY 464700 464700 X 13233300 3289602 3289602 9943698 0 9943698 3803642 3594006 3594006 209636 0 209636 PART X, LINE 2: THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED MARCH, 31, 2023. DUE TO ITS TAX EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF MARCH 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. PPT AND FAMCO BELIEVE THAT THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. PPT AND FAMCO'S FEDERAL AND STATE INCOME TAX AND INFORMATION RETURNS FOR THE FISCAL YEARS ENDED 2020 THROUGH 2022 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION REVENUE 3,436,398. ELIMINATIONS -146,796. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION EXPENSES 3,632,706. ELIMINATIONS -146,796. UNREALIZED LOSS ON INVESTMENTS 108,096. 0 0 0 0 0 0 0 0 0 MICHAEL WYLIE PRESIDENT AND CEO AND DIRECTOR 0 174951 0 224000 0 0 0 31981 0 11132 0 442064 0 0 RUSSELL WYLIE CHAIR, BOARD OF DIRECTORS 0 180726 0 0 0 0 0 32252 0 11854 0 224832 0 0 MICHAEL WYLIE PRESIDENT & CEO PURCHASE OF PROPERTY FOR PERSONAL USE X 860000 460000 0 1 1 460000 X AFFIL A/P W/O 1 146796 BOOK VALUE 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 2 MICHAEL WYLIE, MATTHEW WYLIE, AND RUSSELL WYLIE HAVE A FAMILY RELATIONSHIP. MARK DUNN AND LOIS RICHEY ALSO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE TAX RETURN IS PREPARED, IT IS CIRCULATED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C TO ATTEST COMPLIANCE, EACH BOARD MEMBER ANNUALLY SIGNS THE CONFLICT OF INTEREST POLICY. THE POLICY IS REVIEWED ANNUALLY BY THE BOARD AS WELL AS AT ANY OTHER TIME A MEMBER MAY BRING TO THE BOARD'S ATTENTION AN ACT GIVING THE APPEARANCE OF A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PARK BIXBY TOWER INC 8618 TREASURE AVENUE STOCKTON CA 95212 952821080 HOUSING CA 501(C)(3) LINE 10 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0