List of HSA-UWC properties as of 2005
2012-10-17 · Source: tparents.org
For those interested in transparency of the ownership of HSA-UWC properties, I have obtained a list of properties from 2005. It does not include recent property acquisitions in Las Vegas, but it is still quite extensive. The valuations need to be updated to reflect current market conditions.
The following list of real properties
* Properties are listed alphabetically by state * Recent market valuations are provided for many major properties * Where appropriate, detailed explanations are provided in other reports
In the following list of real properties;
• Properties are listed alphabetically by state • Recent market valuations are provided for many major properties • Where appropriate, detailed explanations are provided in other reports
Church & schoo l; 2 buildings on 7 acres Alabama • Purchased 1996, $255,000 Irvington • Zoning: residential 10965 Hogue Rd. No debt
Alaska . 2-story wood structure Angel Garden . Purchased 1993, $1,185,600 • Zoning: single family residential wI allowable church & daycare • No debt
• 3-story wood Alaska • Purchased 1995, $741,800 • Zoning: residential, single family N . Garden • No debt
Alaska 2-story wood structure • Purchased 2002, $100,000 Kodiak • Zoning: residential Fishing Residence • No debt
Alaska • 2-story wood structure • Purchased 1994, $1.5 million Anchorage • Market Value: $2.6 million (2003) 9101 Brayton Dr. • Zoning: residential • No debt
Alaska • Center • Purchased 1987, $177,350 Anchorage • Market value: $410,000 (Sep. 2003) 171’05 Coronado Rd. • Zoning: residential • No debt
• Center & parsonage Arkansas • Purchased 1987, $63,500 Little Rock • Zoning: residential 7817 Arch St. • No debt
• Church center & offices California • Purchased 1974, $258,120 Pasadena • Market value: $2.5 rrililion (Apr. 2005) 950 Holly Vista • Zoning: residential • No debt
• 2-story stucco California • Purchased 1967, $38,700 Berkeley • Market Value $1,100,000 (4/2005) 2955 Ashby Ave. • Zoning: residential • No debt
• Church, school & offices California • Purchased 1998, $1 ,350,000 San Leandro • Market Value $2.5 million (4/2005) 2305 Washington Ave. • Zoning: church • No debt
• Residence/parsonage California • Purchased 2000, $270,000 San Leandro • MarketValuc $476,000 (4/2005) 2405 Limehouse Ln • Zoning: residential • Mortgage debt
(No photo available)
• KEA witnessing center California • Purchased 1981, $99,500 San Francisco • Market Value $1.3 million (412005) 198 Judah St. • Zoning: residential • Mortgage debt
• Residence California Purchased 1976, $66,000 Alamo • Market Value $1.4 million (4/2005) 2829 Miranda Ave. • Zoning: residential • Mortgage debt
• Church center California • Purchased 1974, $60,485 Los Angeles • Market Value $900,000 (412005) 5565-5571 Huntingdon Dr. • Zorting: residential • No debt
• 3-stOlY stucco church center California • Purchased 1981, $35,000 Artesia • Market Value $300,000 (4/2005) 11700 Arkansas Ave. • Zorting: residential • No debt
• Church center & parsonage California • Purchased 1988, $249,000 San Diego • Zoning: residential 9754 Grosalia Ave. • Mortgage debt
• Church, brick structure Colorado • Purchased 1987, $250,000 Denver • Zoning: church 3400 W. 14th Ave. • No debt
• Church center, rented apartments Colorado • Purchased 2000, $248,220 Denver • Zoning: residential 3346-8 W. 14th Ave. • No debt
• Parsonagelresidence Colorado • Purchased 1994, $124,950 Colorado Springs • Zoning: residential 5003 Alteza Rd. • No debt
DC Washington 1610 Columbia Rd.
• Church wi offices • Purchased 1977, $475,000 • Market Value $3.7 million (May 2004) Zoning: church • No debt
National HQ Offices DC Purchased 2000, $2,000,000 Market Value $9,200,000 (May 2004) Washington Zoning: residential & commercial 3220 16th St. No debt
3-story wood; residence DC Purchased 1968, $72,000 Market Value $1,200,000 (Oct. 2003) Washington Zoning: residential (RI-Bl) 1611 Upshur St. No debt
2-story wood; church center Delaware Purchased 1977, $39,000 Market Value $135,000 (Apr. 2005) Wilmington Zoning: residential 2600 Baynard Blvd No debt C7’,,,,”,”.-~-~~
I-story wood; church center Florida Purchased 1995, $185,000 Miami Zoning: residential 11990 SW 94 ti1 Ave. No debt
Cuban National Messiah center Florida Purchased 1997, $338,000 Miami Zoning: residential 595 NW 127th St. No debt
Church center & parsonage Georgia Purchased 1990, $500,000 Atlanta (Ellenwood) Zoning: church (R-I00) 3060 Bouldercrest Rd. No debt
Church center & residence Idaho Purchased 1986, $81,100 Boise Zoning: residential 419 Allumbaugh St. No debt
3-story brick church center Illinois Purchased 1975, $83,158 Chicago Zoning: residential 7450 Sheridan Rd. No debt
2-story brick church Illinois Purchased 1983, $165,000 Chicago Zoning: 7077 N . Ashland Dr. No debt
Church & parsonage Indiana Purchased 198 1, $40,000 Indianapolis Zoning: commercial 404 E. 38 tll St. No debt
House converted to church Iowa Purchased 1999, $75,000 Des Moines Zoning: church 5840 University Ave. No debt
Center & parsonage Kansas Purchased 2001, $130,000 Kansas City Zoning: residential 2101 Washington Blvd Mortgage debt
Center & parsonage Kentucky Purchased 1974, $41,500 Louisville Zoning: residential 1402 Cherokee Rd. No debt
Center & res idence Louisiana Purchased 1973, $50,500 New Orleans Zoning: residential 4411 Canal St. No debt
Church building & offices Maine Purchased 2004, $147,000 Waterboro Zooing: Mortgage debt
Maryland Towson 5 TelTace Dale
Church center & parsonage Purchased 1976, $38,000 Zoning: residential No debt
7-story brick center & residence Massachusetts Purchased 1976, $475,000 Boston Market Value $5 million (Nov. 2003) 46 Beacon St. Zoning: residential, apartments No debt
Morning Garden workshop center & residence Massachusetts Purchased 1980, $ l.l million Gloucester Market Value $14 million (Oct. 2003) 198 Western Ave. ZODing: residential No debt
Church Michigan Purchased 1996, $90,000 Warren (Detroit) Zoning 22021 Memphis No debt
2-story brick ex-fraternity house Minnesota Purchased 1989, $350,000 Minneapolis Zoning: residential, allows church 1000-8 SE 5’” St. No debt
2-story wood residence Mississippi Purchased 1984, $60,000 Jackson Zoning: residential 3437 W. Capital St. No debt
Church center Missouri Purchased 2002, $114,500 St. Louis Zoning: residential 9451 Lacldand Rd. No debt
2-story church Montana Purchased 1987, $45,000 . Billings Zoning: church 501 S. 29 th St. No debt
Residential duplex - rental property Montana Purchased 1987, $59,800 Great Falls Zoning: residential 2-family 1325 3 rd Ave. Mortgage debt
Church & parsonage Nebraska Purchased 1996, $90,000 Omaha Zoning: 1860 S. 55 th St. No debt
I-story stucco church center Nevada Purchased 1987, $154,000 Las Vegas Zoning: ranch estates 1740 Leonard Lane No debt
Church & manse New Jersey Purchased 1995, $245,465 Clifton Market Value $650,000 (April 2005) 123 1 Van Houten Ave. Zoning: commercial, church allowable
KEA Church, office building, & 2 New Jersey residential buildings on 3.8 acres N. Haledon Purchased 2004, $1.2 rniUion 352-374 Squawbrook Rd Zoning: church Mortgage debt
Ocean Church - residence New Jersey Purchased 2001, $275 ,000 Little Ferry Market Value $400,000 (April 2005) 37 Riverside Dr. Zoning: residential Mortgage debt
2-story stucco center New Mexico Purchased 1989, $140,000 Albuquerque Zoning 501 Cagua No debt
Parsonage New Mexico Purchased 1986, $33,300 Zoning: R-3 residential, church allowable Roswell No debt 205 Lea St.
2-story brick church center New York Purchased 1978, $52,000 Bronx Market Value $520,000 (April 2005) 2628 Davidson St. Zoning: residential No debt
3-story wood church center New York Purchased 1987, $360,000 Brooklyn Market Value $1 million (April 2005) 657 Westminster Rd. Zoning: residential Mortgage debt
4-story brownstone church center New York Purchased 1992, $73,000 Harlem Markel Value $1.5 million (Apri12005) 147 W. 120ti1 St. Zoning: apartment building No debt
3-sto’1 wood church center New York Purchased 1982, $90,000 Queens Market Value $600,000 (Feb. 2005) 143-63 Ash Ave. Zoning: residential No debt
2-story wood church center New York Purchased 1974, $35,500 Hempstead, L.I. Market Value $420,000 (Jan. 2005) 45 Front St. Zoning: residential No debt
2-story wood church center New York Purchased 1986, $110,000 Albany Market Value $420,000 (Jan. 2005) 107 Whitehall Rd. Zoning: residential single family Mortgage debt
New York New York 4 W. 43 rd St.
8-story church HQ Size: 72,000 SF Lot: 125 x 100 FAR residential 10 FAR commercial 12 Purchased 1975, $1.1 million Market Value $20 million (Jan. 2005) Zoning: C5-3, C6-4.5 No debt
New York New York 481 8 th Ave.
40-slory hotel Purchased 1976, $5 million Est. Market Value $300 million (2005) Zoning: hotel Mortgage debt Other details: see “New Yorker Hotel” report
New York New York Manhattan Center, 311 W.34th St. Manhattan Center Purcbased 1976, $3 million Lot 200 x 125 Est. Market Value $23 .5 million (Apr. 2001) Zoning: commercial Mortgage debt FAR: 10 Other details: see “Manhattan Center” report
Belvedere New York Several buildings on 22 acres Tarrytown Additional 4 acres in s. parcel 723 S. Broadway Purchased 1972, $850,000 Zoning: R-40 No debt
East Belvedere house New York Market Value $700,000 (Jan. 2005) Tarrytown Zoning: residential S. Broadway No debt
2~story wood house on 1 acre New York Purchased 1985, $250,000 Irvington Market Value $600,000 (Feb. 2005) Park Ave. Zoning: residential No debt
New York Tarrytown 108 N. Broadway 2-story wood house on 1 acre Purchased 1984, $240,000 Market Value $700,000 (Feb. 2005) Zoning: residential No debt
East Garden 18 acres New York Purchased 1973, $566,150 (excluding costs Irvington of new structures) Sunnyside Lane Zoning: residential No debt
New York Sever.l buildings on 26 .cres Purchased 1975, $1.6 million Tarrytown Zoning: residential Gracemere No debt
2-story wood house New York Purchased 1975 Tarrytown Zoning: residential White House No debt
2-story brick house New York Purchased 1975, $510,000 Tarrytown Zoning: residential Jacob House No debt
New York Tarrytown Jardim Estates
Approved 14-lot subdivision adjacent to existing White House & Jacob House Purchased 1975 Market value: Est. $12 million Zoning: residential No debt
Split-level ranch church center North Carolina Purchased 1987 $92,500 Charlotte Zoning: residential, multi-fam ily 2401 Dalesford Drive No debt
Church center, residence North Carolina Purchased 1985, $33,000 Raleigh Zoning: residential, R-6 219 Forest Rd. No debt
Church center wi offices Ohio Purchased 1998 $330,000 Columbus Zoning: church 4303 Indianola Ave. Mortgage debt
2-story wood church center wi parsonage Oklahoma Purchased 1984 $34,000 Norman Zoning: residential 304 S. University Blvd No debt
Church wi adjacent lot Oregon Purchased 2000 $274,900 West Linn (Portland) Zoning: conunercia l 2620 Hughes Dr. No debt
2-story brick church center, residence Pennsylvania Purchased 1986, $160,000 Philadelphia Zoning: C-3 123 S. 41” St. Mortgage debt
2-story wood churcb center~ residence Rhode Island Purchased 1984, $74,000 Providence Zoning: residential single family 136 Carr St. No debt
2-story wood church center, residence South Carolina Purchased 1981, $82,000 Columbia Zoning: residential & church 2120 Rosewood Dr. No debt
2-story wood church center, resit.lencl! South Dakota Purchased 2005, $60,000 Sioux Falls Zoning: residential 203 N. Summit Ave. No debt
Church center, residence Tennessee Purchased 1996, $135,000 Nashville Zoning: residential, single family 772 Harpeth Bend Dr. Mortgage debt
Brick office building Texas Purchased 1992, $44 I ,993 Dallas Zoning: commercial 1922 Anson Rd. No debt
Parsonage Texas Purchased 1996, $59,000 Dallas Zoning: residential 2133 Pleasant Dr. No debt
Church center on 1.5 acres Texas Purchased 1991, $176,000 Houston Zoning: residential 1423 Upland Dr. No debt
2-story brick church Utah Purchased 1986, $162,500 Salt Lake City Zoning: church wi allowable residence 1969 S. View St. No debt
Church & state center Virginia Purchased 2002, $55,000 Norfolk Zoning: residential wi allowab le church 4818 Hampshire Ave. No debt
Church & manse; 2 buildings Washington Purchased $279,000 Seattle Zoning: church & residence 7000 26 th Ave. No debt
2-story brick center Washington Purchased 1974, $279,000 Seattle Market value *** $2.5 - $20 million (2003) 6601 Windermere Rd. Zoning: residential, church use allowed No debt
*** Property is one of a kind. Range of values is realtor’s “best estimate”.
Single story church center Washington Purchased 1987, $52,300 Tacoma Zoning: residential 5230 S. Mullen St. No debt
State center, parsonage Wisconsin Purchased 1986, $102,000 Milwaukee Zoning: residential 3031 N. Frederick Ave. No debt
Master Marine US Marine, Inc. ofN.Y. Inc. (Alabama) (inactive) (Holding Co.)
Fisheries, Inc. (Alabama) (inactive)
US Marine Corporation & Subsidiaries
Three Primary Business Operations: 1. FIT Ocean Peace catcher processor 2. FIV Ocean Hope 3 catcher vessel 3. Master Marine boatyard in Alabama
Ocean Peace, Inc. - Income Statement (2004 data is an estimate)
$ 14.000.000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4.000.000 $2,000,000 $- $(2,000,000)
Ocean Peace, Inc. Industry & Operational Overview: - Factory trawler operating in the Bering Sea, Aleutian Islands (& Gulf of Alaska) - 1 of approximately 24 Head & Gut (H&G) b oats in the Alaskan fishery - Regulated by : • US Maritime Administration • National Marine Fisheries Service • Coast Guard • State of Alaska agencies
F IT Ocean Peace - Valuation
• Valuation includes: - F/T Ocean Peace vessel - $7.5 million (sources: Vincent Maritime Services, 3/5/04 & management company estimate, 3/23/05) - AFA Bering Sea pollock quota $5.5 million (source: valuation from National Resources Consultants, Inc., 9/9/03) • Total valuation - $13 million
US Marine Corporation Operating Division - Ocean Hope 3 • Owns & operates “Ocean Hope 3” vessel - lOO-ft groundfish trawler - Operates in Bering Sea & Gulf of Alaska - “Ocean Hope 3” managed by US Seafoods - US Marine Corporation also owns “Green Hope” (currently in need of new engine, docked in Seattle) - The company also owns a halibut quota that is leased to a Kodial( fisherman
US Marine Corporation - Operating Division - Income Statement
$2,000,000 $1 ,500,000 $1,000,000 $500,000 $- $(500,000) $(1,000,000) $(1 ,500,000)
F IV Ocean Hope 3 Valuation • Valuation includes: - FN Ocean Hope 3 vessel - Federal License Limitation Program (LLP) permit - AF A pollock quota • Total valuation $3.8 million • Source: National Resource Consultants, Inc. (2/19/04)
New 40-Foot Oil Company Supply Vessel- 2005
Master Master, Inc. (Alabama) Income Statement (2004 is estimate & reflects influence of hurricane)
$(1,000,000)
Master Marine, Inc. (Alabama)
• Asset Valuation includes: - Dry docks - 1,600 ft of waterfront property, 3 acres - Available 18 ft depth access at bulkhead • Estimated market value $1.1 million