2025-05-08T10:07:05-05:00 2024-12-31 910189318 MOSS ADAMS LLP 13727 NOEL ROAD STE 300 DALLAS TX 75240 990 2024-01-01 752847878 L&B DEPP INC L&BD 2149890800 5910 N CENTRAL EXPRESSWAY 1200 DALLAS TX 75206 JENNIFER HANSON TREASURER & SECRETARY 2149890800 2025-05-07 1 1 STEVEN TALBOT P01695427 9724582296 2025-05-07 2024 2025-03-06 01:10:19Z CHRISTINE MULLIS 5910 N CENTRAL EXPRESSWAY 1200 DALLAS TX 75206 37593631 1 1 0000 X N/A X 1999 DE THE COMPANY IS ORGANIZED FOR THE PURPOSE OF ACQUIRING REAL PROPERTY AND REMITTING THE NET INCOME FROM SUCH PROPERTY TO THE TAX-EXEMPT ORGANIZATIONS THAT ARE THE BENEFICIARIES OF THE ORGANIZATION. X 3 3 0 0 0 0 0 0 0 0 12040 4436067 1468377 1325191 1480417 5761258 0 0 0 0 0 0 0 0 0 0 0 0 0 1480417 5761258 29460077 964206 3028763 14797 26431314 949409 THE COMPANY IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF ACQUIRING REAL PROPERTY AND REMITTING THE NET INCOME FROM SUCH PROPERTY TO THE TAX-EXEMPT ORGANIZATIONS THAT ARE THE BENEFICIARIES OF THE ORGANIZATION. 0 0 THE ENTITY OPERATED THE RENTAL REAL ESTATE PROPERTY FOR ITS EXEMPT BENEFICIARY, DOW EMPLOYEES' PENSION PLAN (FEDERAL TAX NUMBER: 38-6184045) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 X L&B REALTY ADVISORS LLP 2149890800 5910 N CENTRAL EXPY STE 1200 DALLAS TX 75206 X CHRISTINE M MULLIS CHAIRMAN OF THE BOARD/CEO 1.00 1.00 X X 0 0 0 DANIEL L PLUMLEE PRESIDENT 1.00 X X 0 0 0 JENNIFER A HANSON TREASURER & SECRETARY 1.00 1.00 X X 0 0 0 CORINNE HOFFMAN VICE PRESIDENT 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 L&B REALTY ADVISORS LLP 5910 N CENTRAL EXPRESSWAY SUITE 12 DALLAS TX 75206 ASSET MANAGEMENT FEES 2942200 ROYAL PROPERTY COMPANY HOLDINGS LP 1530 WILSON BLVD SUITE 200 ARLINGTON VA 22209 PROPERTY MANAGEMENT & LEASING 362164 DOMINION VIRGINIA POWER PO BOX 26543 RICHMOND VA 23290 ELECTRICITY 204685 AMERICAN MECHANICAL SERVICES OF MARYLAND 13300 MID ATLANTIC BLVD LAUREL MD 20708 ROOFTOP UNIT REPLACEMENT 169130 4 22168 22168 2571463 1246272 1325191 1325191 1325191 35000000 30586101 4413899 4413899 4413899 5761258 1325191 0 4436067 0 149496 250437 308702 679000 138872 38007 34769 28825000 29460077 964206 414633 14797 247224 2366906 0 3028763 14797 X 0 0 0 0 26431314 949409 26431314 949409 29460077 964206 X 5761258 -31243163 X X 0 1 X 1 0 0 X PART X, LINE 2: THE PLAN HAS BEEN CLASSIFIED AS A QUALIFIED TRUST UNDER SECTION 401(A) OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE") AND THE INVESTMENT MANAGER BELIEVES IT CONTINUES TO COMPLY WITH THE REQUIREMENTS OF SECTION 501(A) OF THE CODE. ACCORDINGLY, THE PLAN IS EXEMPT FROM INCOME TAXES, AND NO INCOME TAX PROVISION IS PROVIDED. IF AN UNCERTAIN INCOME TAX POSITION WERE TO BE IDENTIFIED, THE PLAN WOULD ACCOUNT FOR SUCH IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES. ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES ("ASC 740"), PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS. ASC 740 REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN IN THE COURSE OF PREPARING THE PLAN'S TAX RETURNS TO DETERMINE WHETHER TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX BENEFITS OF POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE IN THE CURRENT YEAR. MERRIFIELD TECHNOLOGY CENTER 2024-10-16 35000000 SELLING PRICE/APPRAISAL 834019048 MADISON-MOB LEE HIGHWAY VA LLC 50 CALIFORNIA ST STE 2100 SAN FRANCISCO CA 94111 PARTNERSHIP 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 DOW EMPLOYEES' PENSION PLAN (DOW) IS THE SOLE STOCKHOLDER OF L&B DEPP, INC. THESE SHARES ARE COMMON STOCK WITH VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THERE ARE THREE BOARD MEMBERS WITH VOTING RIGHTS. THE ORGANIZATION'S STOCKHOLDER ALSO HAS VOTING RIGHTS AS PART OF THE GOVERNING BOARD, INCLUDING THE APPOINTMENT OF DIRECTORS. 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 B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE OFFICERS AND MEMBERS OF THE GOVERNING BOARD ALONG WITH A FORMALIZED CHECKLIST TO AID IN THE REVIEW PROCESS. THIS REVIEW IS COMPLETED PRIOR TO FILING OF THIS FORM. FORM 990, PART VI, SECTION B, LINE 12 L&B REALTY ADVISORS, LLP IS ENGAGED AS A MANAGEMENT COMPANY FOR THIS PROJECT AND HAS WRITTEN POLICIES IN PLACE FOR THE FOLLOWING: CONFLICT OF INTEREST, COMPLIANCE, WHISTLEBLOWER, DOCUMENT RETENTION AND DESTRUCTION, AND COMPENSATION. THE OFFICERS OF L&B DEPP, INC. 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: JENNIFER HANSON L&B REALTY ADVISORS, LLP 5910 NORTH CENTRAL EXPRESSWAY, SUITE 1200 DALLAS, TX 75206 FORM 990, PART XI, LINE 9: CONTRIBUTIONS 354,000. RETURN OF CAPITAL -32,060,000. DISTRIBUTIONS -2,025,000. ASSET MANAGEMENT FEES 2,237,738. INCENTIVE FEE 250,099. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR L&B DEPP MERRIFIELD INC 5910 N CENTRAL EXPRESSWAY SUITE 120 DALLAS TX 75206 752855450 REAL ESTATE DE 501(C)(25) L&B DEPP INC 1 DOW EMPLOYEES' PENSION PLAN 2030 DOW CENTER MIDLAND MI 48674 386184045 PENSION PLAN DE 501(C)(18) N/A 0 L&B DEPP-UCEPP 5500 PRESTON ROAD INC 5910 N CENTRAL EXPRESSWAY SUITE 120 DALLAS TX 75206 201331127 REAL ESTATE DE 501(C)(25) N/A 0 L&B UCEPP INC 5910 N CENTRAL EXPRESSWAY SUITE 120 DALLAS TX 75206 201903956 REAL ESTATE DE 501(C)(25) N/A 0 L&B DEPP INWOOD VILLAGE LP 5910 N CENTRAL EXPRESSWAY SUITE 120 DALLAS TX 75206 200209789 REAL ESTATE TX N/A 0 0 L&B SENIOR CARE STRATEGY LLC 5910 N CENTRAL EXPRESSWAY SUITE 120 DALLAS TX 75206 800965579 REAL ESTATE DE N/A 0 0 L&B SENIOR CARE STRATEGY SERIES 1 LLC 5910 N CENTRAL EXPRESSWAY SUITE 120 DALLAS TX 75206 472579860 REAL ESTATE DE N/A 0 0 L&B SENIOR CARE STRATEGY SERIES 2 LLC 5910 N CENTRAL EXPRESSWAY SUITE 120 DALLAS TX 75206 472593572 REAL ESTATE DE N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1