Public Charity

TGM REALTY CORP#20

Based in NEW YORK, NY, TGM REALTY CORP#20 operates as a Public Charity. The organization reported $26.8M in revenue, $8.3M in expenses, $594.8M in total assets for fiscal year 2024.

EIN: 134010424 NEW YORK, NY Real Estate Associations NTEE: S47 Latest filing: 2024
Total Revenue$26.8M
Total Expenses$8.3M
Total Assets$594.8M
Grant Records0
Filing Years2019–2024

Mission

OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM ("OPERS") WILL ACHIEVE ITS VISION BY ACTING IN THE BEST INTEREST OF ITS PARTICIPANTS, MAINTAINING THE FINANCIAL SECURITY OF THE TRUST FUND, AND PROVIDING EXCEPTIONAL SERVICE TO OUR MEMBERS, BENEFIT RECIPIENTS, AND EMPLOYERS.TGM REALTY CORP. #20 (THE "COMPANY") WAS FORMED TO PURCHASE, OPERATE, AND SELL MULTI-FAMILY RESIDENTIAL REAL ESTATE THROUGH ITS WHOLLY OWNED QUALIFIED SUBSIDIARIES. THE COMPANY IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM AND TURNING OVER THE ENTIRE AMOUNT LESS EXPENSES TO OPERS, AN ORGANIZATION WHICH IS EXEMPT FROM INCOME TAX. THE COMPANY IS WHOLLY OWNED BY OPERS.

Officers & Directors

Corporate Scecretary Gale Maramba
PRESIDENT & CEO, SOLE DIRECTOR John Gochberg
Chief Financial Officer Michael G Frazzetta
VICE PRESIDENT Ozgur Toraman
Senior Vice President Steven Macy
VICE PRESIDENT Zachary Goldman

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $26.8M $8.3M $594.8M
2023 $27.3M $8.3M $571.7M
2022 $25.6M $8.2M $547.5M
2020 $19.3M $8.1M $438.7M
2019 $21.5M $11.3M $426.6M

Between 2019 and 2024, reported annual revenue grew from $21.5M to $26.8M (+24%), with total assets most recently reported at $594.8M.

Interactive year-over-year charts and full filing details available with membership.

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