2025-11-17T18:24:24-06:00 2024-12-31 WITHUMSMITHBROWNPC 1800 TYSONS BLVD SUITE 800 TYSONS VA 22102 990 2024-01-01 954486564 Business Arts Plaza Inc % DAVID CHOI BUSI 8189549400 3601 WEST OLIVE AVENUE BURBANK CA 915057830 DAVID CHOI TREASURER 8189549400 2025-11-17 true true RICHARD RUVELSON P00234075 3012726000 2024 2025-03-06 01:10:19Z MICHAEL ESTRADA 3601 WEST OLIVE AVENUE BURBANK CA 91505 7679617 false X N/A X 1994 CA TITLE HOLDING COMPANY 4 4 0 0 0 0 0 0 2767712 2861394 28325 33974 4280863 3110340 7076900 6005708 0 0 0 0 0 0 0 0 0 1444463 1510776 1444463 1510776 5632437 4494932 65640607 64147468 1365097 829002 64275510 63318466 X TO COLLECT AND DISTRIBUTE THE INCOME FROM REAL PROPERTY, LOCATED AT 3601 WEST OLIVE AVE, BURBANK, CA, ON BEHALF OF SCREEN ACTORS GUILD-PRODUCERS PENSION PLAN. false false THE CORPORATION HOLDS TITLE TO REAL PROPERTY LOCATED AT 3601 WEST OLIVE AVENUE, BURBANK, CA, ON BEHALF OF SCREEN ACTORS GUILD-PRODUCERS PENSION PLAN; COLLECTS AND DISTRIBUTES THE INCOME. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true X 13 0 true 0 false false false false false false false false X 4 4 false true false false false true false true false false false false false true true true true false CA X DAVID CHOI 8189549400 3601 WEST OLIVE AVENUE BURBANK CA 91505 X MICHAEL ESTRADA PRESIDENT 0.0 37.5 X 0 669385 142030 DAVID CHOI TREASURER 0.0 37.5 X 0 387065 81879 ODELE KOHLSTRAND SECRETARY 0.0 37.5 X 0 81352 17681 DUNCAN CRABTREE-IRELAND DIRECTOR 1.0 3.0 X 0 0 0 DOUG WOOD DIRECTOR 1.0 1.0 X 0 0 0 LINDA POWELL DIRECTOR 1.0 2.0 X 0 0 0 RUSSELL WETANSON DIRECTOR 1.0 2.0 X 0 0 0 0 1137802 241590 0 false true false SPECIALIZED ELEVATOR SERVICES LLC 14320 ISELI ROAD SANTA FE SPRINGS CA 90670 MAINTENANCE SERVICE 472776 IDS REAL ESTATE GROUP 515 S FIGUEROA STREET 1600 LOS ANGELES CA 90071 PROPERTY MANAGEMENT 396477 CCS FACILITY SERVICES PO BOX 912578 DENVER CO 80291 JANITORIAL SERVICES 349968 CUSTOMIZED GUARD SERVICES SYSTEMS 19208 S Vermont Avenue Suite 200 GARDENA CA 90248 SERCURITY SERVICES 290496 HOLWICK CONSTRUCTORS INC 200 N Westlake Blvd Suite 102 WESTLAKE VILLAGE CA 91362 CONSTRUCTION 263419 7 0 RENT FROM AFFILIATES 531120 2861394 2861394 2861394 33974 33974 0 0 4744399 1673909 3070490 0 3070490 3070490 0 0 0 0 0 0 0 0 0 0 MISC INCOME 531120 39850 39850 39850 6005708 2901244 0 3104464 0 0 0 0 0 0 0 0 0 0 66585 0 39930 0 0 176129 0 0 0 0 0 942968 0 0 0 0 0 0 0 GENERAL & ADMINSTRATIVE EXP 217531 ADMINISTRATIVE P/R & BENEFIT 16280 OTHER NON-REIMB EXPENSES 51353 1510776 1585721 468920 100000 100000 0 0 54291 76163 0 0 0 0 0 0 0 0 595 2385 63500000 0 63900000 63500000 0 0 0 0 0 0 0 0 0 0 65640607 64147468 471881 291605 0 0 440620 134789 0 0 0 0 0 0 0 0 0 0 452596 402608 1365097 829002 X 64275510 63318466 0 0 64275510 63318466 65640607 64147468 X 4494932 -2013412 -3438564 X false true X true false 2745031 2745031 60569781 6418516 54151265 27454356 20850652 6603704 63500000 0 SECURITY DEPOSITS 402608 402608 X 2318387 -2013412 -2013412 4331799 1673909 1673909 6005708 3184685 1673909 1673909 1510776 1510776 FIN 48 (ASC 740) FOOTNOTE: Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Company and recognize an income tax liability if the Company has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the tax positions taken by the Company and concluded that as of December 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require disclosure of a liability or disclosure in the financial statements. The Company is subject to routine audits by taxing and regulatory jurisdictions; however, there are currently no audits in progress for any tax periods. In addition, there have been no tax related interest or penalties for the year presented in these financial statements. Should such penalties and interest be incurred, the Company's policy is to recognize them as general and administrative expenses on the statement of activities. PART XI, LINE 4B - OTHER INCOME $1,673,909 - RENTAL EXPENSES ALLOCATED TO NON-RELATED TENANTS PART XII, LINE 2D - OTHER EXPENSES $1,673,909 - RENTAL EXPENSES FROM NON-RELATED ENTITIES false false false DAVID CHOI TREASURER 0 363820 0 15000 0 8245 0 43548 0 38331 0 468944 0 0 MICHAEL ESTRADA PRESIDENT 0 537155 0 120000 0 12230 0 75351 0 66679 0 811415 0 0 PART V, LINES 2A & 2B - FILING OF FEDERAL EMPLOYMENT TAX RETURNS: THE ORGANIZATION IS RELATED TO A GROUP OF JOINTLY ADMINISTERED NOT-FOR-PROFIT ORGANIZATIONS. SINCE THE ORGANIZATIONS CO-EXIST AT THE SAME PREMISES, THEY UTILIZE EACH OTHER'S PERSONNEL. SALARIES AND RELATED PAYROLL TAXES ARE PAID BASED ON PREDETERMINED PERCENTAGES. THE RELATED ORGANIZATION THAT ACTS A COMMON PAYMASTER FOR THE JOINTLY ADMINISTERED ORGANIZATIONS FILES ALL APPLICABLE FEDERAL EMPLOYMENT TAX RETURNS. PART VI, SECTION A, LINE 3 - MANAGEMENT COMPANY: JP MORGAN ASSET MANAGEMENT MANAGES THE PROPERTY LOCATED AT 3601 OLIVE AVENUE, BURBANK, CA AND IS RESPONSIBLE FOR PREPARING A YEARLY BUDGET, PROVIDING QUARTERLY REPORTS ON THE RENTAL OPERATIONS OF THE BUILDING, CONTRACTING WITH OTHER COMPANIES TO PROVIDE SERVICES TO THE BUILDING, AND PROVIDING OWNERSHIP WITH UPDATES TO THE MARKET CONDITIONS IN THE REAL ESTATE SEGMENT AND HOW THE BUILDING COMPARES IN VALUE TO OTHER COMPARABLE PROPERTIES. PART VI, SECTION A, LINE 7A - POWER TO ELECT GOVERNING BOARD: THE JOINT BOARD OF TRUSTEES OF THE SCREEN ACTORS GUILD-PRODUCERS PENSION AND HEALTH PLAN ELECT THE MEMBERS THAT COMPRISE THE ORGANIZATION'S GOVERNING BODY. PART VI, SECTION A, LINE 8B - OTHER COMMITTEES WITH AUTHORITY TO ACT: THE ORGANIZATION HAS NO OTHER COMMITTEE THAT MAY ACT ON BEHALF OF THE GOVERNING BODY. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: THE FORM 990 IS REVIEWED BY THE CFO AND CONTROLLER OF THE SAG-PRODUCERS FUNDS. PART VI, SECTION B, LINE 12C - CONFLICT 0F INTEREST POLICY COMPLIANCE: THE ORGANIZATION FOLLOWS THE CONFLICT OF INTEREST RULES AS APPLICABLE TO THE SCREEN ACTORS GUILD-PRODUCERS PENSION PLAN AS COVERED UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS THE PENSION PLAN WHOLLY OWNS THE ORGANIZATION. PART VI, SECTION B, LINES 15A & 15B - COMPENSATION REVIEW PROCESS: THE CHIEF EXECUTIVE OFFICER'S ("CEO") COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES, WHICH IS COMPRISED OF TRUSTEES FROM BOTH THE PRODUCERS AND SAG AFTRA. INCREASES ARE PREDETERMINED BASED ON A CONTRACTUAL AGREEMENT. ALL PLAN SALARIES, WITH THE EXCEPTION OF THE CEO, ARE PERIODICALLY EXAMINED BY AN INDEPENDENT, OUTSIDE COMPENSATION CONSULTANT. EMPLOYEE SALARIES ARE WITHIN A PREDETERMINED RANGE FOR SIMILAR POSITIONS COMPARED TO INDUSTRY STANDARDS FOR EACH POSITION. PART XI, LINE 9 - OTHER CHANGES IN FUND BALANCES: ($3,438,564) NET CASH TRANSFERRED TO SAG-PRODUCERS PENSION PLAN SCREEN ACTORS GUILD-PRODUCERS PENSION PL 3601 WEST OLIVE AVENUE BURBANK CA 91505 956031814 PENSION PLAN CA 401 (A) false SAG-AFTRA HEALTH PLAN 3601 WEST OLIVE AVENUE BURBANK CA 91505 956024160 HEALTH FUND CA 501(C)(9) false SAG-AFTRA PRODUCERS INDUSTRY ADVANCEMENT 3601 WEST OLIVE AVENUE BURBANK CA 91505 954428911 labor org CA 501(C)(5) false false false false false false false false false false true false false false true true false false true false