2025-02-28T14:27:12-06:00 2024-08-31 742520265 COLLIER JOHNSON & WOODS PC 555 N CARANCAHUA SUITE 1000 CORPUS CHRISTI TX 784010839 990 2023-09-01 853157981 ERF REAL ESTATE GROUP ERFR 3618819040 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 784010899 PAUL ALTHEIDE PRESIDENT 3618819040 2025-02-21 1 1 ROBERT TROY COOK P00822030 3618849347 2023 2025-03-06 01:10:19Z PAUL ALTHEIDE 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 11329292 1 1 6431 X WWW.EDRACHAL.ORG X 2020 TX SEE SCHEDULE O 7 0 0 0 0 0 0 0 152383 157340 1378 249831 -153761 -407171 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 136405078 141760406 2372452 2218745 134032626 139541661 X SEE SCHEDULE O 0 0 THE SUBORDINATE ORGANIZATIONS WERE FORMED TO HOLD TITLE TO REAL ESTATE FOR ERF REAL ESTATE, INC. - 1759, THE CENTRAL ORGANIZATION. ALL FINANCIAL ACTIVITIES, ASSETS AND LIABILITIES REPORTED ON THIS RETURN ARE ALSO REPORTED ON A CONSOLIDATED BASIS ON THE ED RACHAL FOUNDATION 990 PF RETURN. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 16 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PAUL ALTHEIDE 3618819040 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 X PAUL ALTHEIDE PRESIDENT 2.00 48.00 X X 0 693615 13815 JOHN JOHNSON SECRETARY/TREASURER 1.00 4.00 X X 0 64000 0 KENNETH TRAWICK VICE BOARD CHAIR 1.00 4.00 X X 0 60800 0 DAVID HOYER BOARD CHAIRMAN 1.00 5.00 X X 0 60800 0 DAVID J MORALES DIRECTOR 1.00 4.00 X 0 64000 0 JOSHUA T GAINES DIRECTOR 1.00 4.00 X 0 64000 0 KENNETH KELLER DIRECTOR 1.00 4.00 X 0 0 0 MYRA MORRIS CHIEF LEGAL COUNSEL 2.00 38.00 X 0 379462 12774 MICHAEL HILL COMPTROLLER 1.00 39.00 X 0 227923 30339 FRANCISCO CAVAZOS PROEJECT SUPERVISOR 1.00 39.00 X 0 101206 30036 TAYLOR HUNT SR. PROJECT MANAGER 1.00 39.00 X 0 166865 30229 BETTIE BILLINGS ASSIST. COMPTROLLER 1.00 39.00 X 0 146341 30145 0 2029012 147338 0 0 1 0 ALLIED UNIVERSAL SECURITY SERVICES 5656 S STAPLES CORPUS CHRISTI TX 78411 SECURITY 708889 QUINCY MANAGEMENT INC 555 N CARANCAHUA ST SUITE 200 CORPUS CHRISTI TX 78401 PROPERTY MGMT 550507 Q CLEANING INC 555 N CARANCAHUA ST SUITE 200 CORPUS CHRISTI TX 78401 JANITORIAL 538084 THYSSENKRUPP ELEVATOR CORPORATION PO BOX 3796 CAROL STREAM IL 60132 ELEVATOR SVCS 144654 MONTELONGOS FLOOR SERVICE 5407 BURTON LANE CORPUS CHRISTI TX 78411 CONSTRUCTION 115439 6 AFFILLIATE RENTS RECEIVED 531110 157340 157340 157340 2746 2746 11272599 11171377 101222 101222 101222 405000 157915 247085 247085 247085 MISC INCOME 26028 26028 TRANSFER NET INCOME TO ERF -129996 -129996 TRATRANSFER NET INCOME TO ERF -404425 -404425 -508393 0 0 0 0 0 0 0 0 415988 397147 447667 1086875 4827541 4543255 135632329 130587882 135632329 126000 100800 136405078 141760406 1836258 1721616 536194 497129 2372452 2218745 X 134032626 139541661 134032626 139541661 136405078 141760406 X 0 5509035 X X 0 0 0 56556305 22617196 79173501 41467577 14496579 55964156 494672 494672 135632329 PREPAID RENTS 265504 SECURITY DEPOSITS 130825 LEASE COMMISSION LIABILITIES 100800 497129 PART XIII - SUPPLEMENTAL FINANCIAL INFORMATION THE ORGANIZATION'S FINANCIAL INFORMATION IS CONSOLIDATED IN THE FINANCIAL STATEMENTS OF THE ED RACHAL FOUNDATION, A RELATED ENTITY. THE ACCOUNTING BASIS OF BOTH ENTITIES IS TAX BASIS ACCRUAL. THERE ARE NO DIFFERENCES BETWEEN AMOUNTS REPORTED FOR BOOK OR FOR TAX PURPOSES. PRESENATION IS CONSISTENT WITH PRIOR YEARS' REPORTING. 0 0 0 PAUL ALTHEIDE PRESIDENT 0 693615 0 0 0 0 0 0 0 13815 0 707430 0 0 MYRA MORRIS CHIEF LEGAL COUNSEL 0 379462 0 0 0 0 0 0 0 12774 0 392236 0 0 MICHAEL HILL COMPTROLLER 0 227923 0 0 0 0 0 0 0 30339 0 258262 0 0 TAYLOR HUNT SR. PROJECT MANAGER 0 166865 0 0 0 0 0 0 0 30229 0 197094 0 0 BETTIE BILLINGS ASSIST. COMPTROLLER 0 146341 0 0 0 0 0 0 0 30145 0 176486 0 0 PART III - OTHER ADDITONAL INFORMATION PART I, LINE 3 - COMPENSATION FOR THE DIRECTORS AND OFFICERS IS BASED ON RECOMMENDATIONS RECEIVED FROM LEGAL COUNSEL TO THE ED RACHAL FOUNDATION, A RELATED ENTITY. LEGAL COUNSEL RETAINS QUALIFIED INDEPENDENT COMPENSATION CONSULTANTS TO REVIEW ROLES AND RESPONSIBILITIES AGAINST MARKET SURVEYS, SITE VISITS, AND INTERVIEWS WITH EACH DIRECTOR AND OFFICER. THE COMPENSATION CONSULTANTS PERFORM ADDITIONAL REVIEW AND ANALYSIS AS NECESSARY TO SUBSTANTIATE ITS RECOMMENDATIONS. FORM 990- ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES PART I, LINE I - THE SUBORDINATE ORGANIZATIONS WERE FORMED TO HOLD TITLE TO REAL ESTATE FOR ERF REAL ESTATE, INC. -1759, THE CENTRAL ORGANIZATION. ALL FINANCIAL ACTIVITIES, ASSETS AND LIABILITIES REPORTED ON THIS RETURN ARE ALSO REPORTED ON A CONSOLIDATED BASIS ON THE ED RACHAL FOUNDATION 990 PF RETURN. FORM 990 - ORGANIZATION'S MISSION, PART III, LINE 1 - THE SUBORDINATE ORGANIZATIONS WERE FORMED TO HOLD TITLE TO REAL ESTATE FOR ERF REAL ESTATE, INC. -1759, THE CENTRAL ORGANIZATION. ALL FINANCIAL ACTIVITIES, ASSETS AND LIABILITIES REPORTED ON THIS RETURN ARE ALSO REPORTED ON A CONSOLIDATED BASIS ON THE ED RACHAL FOUNDATION 990 PF RETURN. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 EACH DIRECTOR RECEIVES A COPY OF THE FORM 990 IN ADVANCE OF BOARD MEETING. THE CEO REVIEWS AND DISCUSSES THE FORM 990 IN DETAIL DURING THE MEETING THEN ANSWERS ALL QUESTIONS RAISED BY DIRECTORS. AFTER REVIEW AND DISCUSSION, THE BOARD TAKES FORMAL ACTION TO APPROVE THE FORM 990 AND REFLECTS IN MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY THE ORGANIZATION REQUIRES EACH DIRECTOR TO ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. DIRECTORS ARE ALSO REQUIRED TO ANNUALLY DISCLOSE ANY POTENTIAL ONGOING OR POTENTIAL FUTURE CONFLICTS OF INTEREST. THE BOARD ADDRESSES THE POTENTIAL CONFLICTS IN ACCORDANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY. EVIDENCE OF THE ANNUAL REVIEW IS NOTED IN BOARD MINUTES WITH SUBMITTED FORMS RETAINED BY BOARD SECRETARY. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL COMPENSATION FOR THE DIRECTORS AND OFFICERS IS BASED ON RECOMMENDATIONS RECEIVED FROM LEGAL COUNSEL. LEGAL COUNSEL RETAINS QUALIFIED INDEPENDENT COMPENSATION CONSULTANTS TO REVIEW ROLES AND RESPONSIBILITIES AGAINST MARKET SURVEYS, SITE VISITS, AND INTERVIEWS WITH EACH DIRECTOR AND OFFICER. THE COMPENSATION CONSULTANTS PERFORM ADDITIONAL REVIEW AND ANALYSIS AS NECESSARY TO SUBSTANTIATE ITS RECOMMENDATIONS. FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS COMPENSATION FOR THE DIRECTORS AND OFFICERS IS BASED ON RECOMMENDATIONS RECEIVED FROM LEGAL COUNSEL. LEGAL COUNSEL RETAINS QUALIFIED INDEPENDENT COMPENSATION CONSULTANTS TO REVIEW ROLES AND RESPONSIBILITIES AGAINST MARKET SURVEYS, SITE VISITS, AND INTERVIEWS WITH EACH DIRECTOR AND OFFICER. THE COMPENSATION CONSULTANTS PERFORM ADDITIONAL REVIEW AND ANALYSIS AS NECESSARY TO SUBSTANTIATE ITS RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION ALL DOCUMENTS REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC BY THE INTERNAL REVENUE SERVICE OR BY THE GOVERNING LAWS OF THE STATE OF TEXAS ARE AVAILABLE UPON WRITTEN REQUEST. THESE DOCUMENTS INCLUDE, BUT ARE NOT LIMITED TO, THE CERTIFICATE OF FORMATION, FINANCIAL STATEMENTS, AND FORM 990. FORM 990, PART VII - ADDITIONAL INFROMATION COMPENSATION FOR THE DIRECTORS AND OFFICERS IS BASED ON RECOMMENDATIONS RECEIVED FROM LEGAL COUNSEL TO THE ED RACHAL FOUNDATION, A RELATED ENTITY. LEGAL COUNSEL RETAINS QUALIFIED INDEPENDENT COMPENSATION CONSULTANTS TO REVIEW ROLES AND RESPONSIBILITIES AGAINST MARKET SURVEYS, SITE VISITS, AND INTERVIEWS WITH EACH DIRECTOR AND OFFICER. THE COMPENSATION CONSULTANTS PERFORM ADDITIONAL REVIEW AND ANALYSIS AS NECESSARY TO SUBSTANTIATE ITS RECOMMENDATIONS. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON FIXED ASSETS 247,085. TRANSFER OF NET INCOME TO ERF 534,421. CAPTAL CONTRIBUTIONS 4,727,529. OTHER QUALIFYING DISTRIBUTION 0. FORM 990, PART XII - ADDITIONAL INFORMATION LINE 1 - THE ORGANIZATION'S FINANCIAL INFORMATION IS CONSOLIDATED IN THE FINANCIAL STATEMENTS OF THE ED RACHAL FOUNDATION, A RELATED ENTITY. THE ACCOUNTING BASIS OF BOTH ENTITIES IS TAX BASIS ACCRUAL. THERE ARE NO DIFFERENCES BETWEEN AMOUNTS REPORTED FOR BOOK OR FOR TAX PURPOSES. PRESENATION IS CONSISTENT WITH PRIOR YEARS' REPORTING. THE ED RACHCAL FOUNDATION 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 741116595 PRIV FDN TX 501(C)(3) PF N/A 0 501(C)(2) 0 501(C)(2) 0 501(C)(2) 0 501(C)(2) 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 SCHEDULE R - ADDITIONAL INFORMATION ERF REAL ESTATE, INC., EIN **-***1759, IS A 501(C)(2) TITLE HOLDING COMPANY ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO REAL ESTATE, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO THE ED RACHAL FOUNDATION (EIN **-***6595). ERF REAL ESTATE, INC. HAS BEEN GRANTED A GROUP EXEMPTION (EXEMPTION NUMBER 6431) PURSUANT TO REVENUE PROCEDURE 80-27 AND IS THE CENTRAL ORGANIZATION FOR THE FOLLOWING SUBORDINATE ORGANIZATIONS: 1. ERF PORT ARANSAS INC. (EIN: **-***8454) 2. ERF TOWER II INC. (EIN: **-***1656) 3. ERF LAMAR INC. (EIN: **-***4970) 4. 802 NC INC. (EIN: **-***2751) 5. ERF WEST SIDE INC. (EIN: **-***4948) 6. ERF PALACIOS INC. (EIN: **-***9335) 7. ERF VAL VERDE INC (EIN: **-***1102) 8. ERF INGLESIDE INC. (EIN: **-***2114) 9. ERF LEOPARD INC. (EIN: **-***8901) 10. ERF BUFFALO INC. (EIN: 92-326012) THE RETURN FOR THE ED RACHAL FOUNDATION INCLUDES ALL ACTIVITY OF THE ABOVE LISTED CENTRAL ORGANIZATION AND SUBORDINATE ORGANIZATIONS PURSUANT TO INTERNAL REVENUE CODE SECTION 1504 (E).