2023-04-26T10:50:39-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 1301 WEST 22ND STREET SUITE 1100 OAK BROOK IL 60523 990 2021-07-01 364235934 ACERO CHARTER SCHOOLS INC ACER 3126373900 18 S MICHIGAN AVENUE 900 CHICAGO IL 60603 RICHARD L RODRIGUEZ CHIEF EXECUTIVE OFFICER 3126373900 2023-04-18 1 RICHARD RODRIGUEZ 999009999 JAMES R THOMAS P00095586 6305738600 2023-04-18 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X RICHARD L RODRIGUEZ 18 S MICHIGAN AVENUE 900 CHICAGO IL 60603 124707769 0 X WWW.ACEROSCHOOLS.ORG X 1997 IL ORGANIZATION PROVIDES EDUCATIONAL AND COMMUNITY OPPORTUNITIES FOR YOUTHS IN K-12. 11 11 816 0 0 0 113540775 117136530 131 42481 -352723 141454 45058 29594 113233241 117350059 0 0 0 0 68251643 73443568 0 0 107512 40187310 36598229 108438953 110041797 4794288 7308262 97227259 101251624 65114653 63352918 32112606 37898706 TRANSFORMING MINDS THROUGH ACADEMIC EMPOWERMENT AND SUCCESS. ACERO PROVIDES EDUCATIONAL OPPORTUNITIES THAT WILL LAUNCH THE NEXT GENERATION OF EXTRAORDINARY LIFE-LONG LEARNERS, DISCERNERS AND DOERS. 0 0 102552545 42481 STUDENT FEE - EDUCATIONAL INSTITUTION FOR STUDENTS IN KINDERGARTEN THROUGH HIGH SCHOOL SERVING 7,200 STUDENTS THROUGH 13 ELEMENTARY AND 3 HIGH SCHOOLS, RESPECTIVELY. 102552545 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 36 0 816 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X EDWIN MORALES 3126373900 18 S MICHIGAN AVENUE SUITE 900 CHICAGO IL 60603 YENI ROJAS CHAIRWOMAN 2.00 X X 0 0 0 DOUGLASS HEWITT VICE-CHAIRMAN 2.00 X X 0 0 0 ROXANNE MATIAS SECRETARY 2.00 X X 0 0 0 SIMON YOHANAN TREASURER 2.00 X X 0 0 0 JOHN PELISSERO DIRECTOR 2.00 X 0 0 0 KELWIN HARRIS DIRECTOR 2.00 X 0 0 0 MARCO A RODRIGUEZ DIRECTOR 2.00 X 0 0 0 MARGERY YEAGER DIRECTOR 2.00 X 0 0 0 JAIRO NARANJO DIRECTOR 2.00 X 0 0 0 MICHAEL BAUMERT DIRECTOR 2.00 X 0 0 0 SOCORRO VEGA DIRECTOR 2.00 X 0 0 0 RICHARD L RODRIGUEZ CHIEF EXECUTIVE OFFICER 40.00 X 248038 0 39765 MARIEL LAUREANO CHIEF EDUCATION OFFICER 40.00 X 169351 0 18915 RICHARD VALERGA CHIEF OPERATING OFFICER 40.00 X 163944 0 38872 HELENA C STANGLE CHIEF EXTERNAL AFFAIRS OFF 40.00 X 171131 0 20585 ARACELI DE LA CRUZ GENERAL COUNSEL/CHIEF ADMI 40.00 X 163675 0 38804 MIGUEL TOVAR CHIEF FINANCIAL OFFICER 40.00 X 172358 0 11565 CHRISTOPHER J ALLEN SCHOOL PRINCIPAL 40.00 X 132338 0 36482 MELISSA SWEAZY SCHOOL PRINCIPAL 40.00 X 133874 0 26414 MARK NAGODE DIRECTOR OF FACILITIES AND 40.00 X 133028 0 11122 JOANNE TANNER DEPUTY CHIEF EDUCATION OFFICER 40.00 X 148621 0 37648 CHRISTINA LAINO SCHOOL PRINCIPAL 40.00 X 128445 0 17431 1764803 0 297603 11 0 1 0 ORGANICLIFE LLC 430 W ERIE STREET SUITE 403 CHICAGO IL 60654 FOOD CATERING SERVICES FOR STUDENT 5180479 HEALTHPRO HERITAGE 536 OLD HOWELL ROAD GREENVILLE SC 29615 SPECIAL EDUCATION CLINICIAN SERVICES 3969493 EDU HEALTHCARE LLC PO BOX 480394 CHARLOTTE NC 28269 SPECIAL EDUCATION CLINICIAN SERVICES 1846337 CDW GOVERNMENT INC 75 REMITTANCE DRIVE SUITE 1515 CHICAGO IL 60675 TECHNOLOGY HARDWARE & SOFTWARES 1439667 PREMISTAR 18 CONGRESS CIRCLE WEST ROSELLE IL 60172 GENERAL AND MECAHNICAL CONTRACTOR 1284894 29 116978108 158422 335472 117136530 STUDENT FEES 611110 42481 42481 42481 385620 385620 7113544 7357710 -244166 -244166 -244166 MISCELLANEOUS REVENUE 611110 29594 29594 29594 117350059 42481 0 171048 1257003 865059 391944 53412107 50002722 3409385 8825270 8272757 552513 8244182 7671847 572335 1705006 1596149 108857 236067 236067 156758 156758 6676559 6354146 322413 233426 233426 1025637 847174 178463 67983 67983 7732295 7204953 527342 10606 9883 723 2484930 2315458 169472 5106285 4758036 348249 509836 475065 34771 SCHOOL BREAKFAST AND LU 5144040 5144040 0 0 CPS ADMINISTRATION FEE 2215396 2215396 0 0 EQUIPMENT RENTAL AND MA 1973186 1838615 134571 0 CLASSROOM SUPPLIES AND 1207041 1207041 0 0 1818184 1540778 169894 107512 110041797 102552545 7381740 107512 1440 1440 22443466 25209352 2604444 10285093 1607026 1859728 66111805 25962855 42536734 40148950 14494930 12887780 13539219 10859281 97227259 101251624 10971007 13047382 158957 158957 32059813 20906198 43502262 1018678 6644317 65114653 63352918 X 32078497 37798452 34109 100254 32112606 37898706 97227259 101251624 7308262 -1522162 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31513539 4480486 27033053 23982086 17422346 6559740 10616180 4060023 6556157 40148950 DEPOSITS 241896 DEPOSITS - BOND PRINCIPAL AND CAPITAL RESERVE ACCOUNT 2320199 DUE FROM RELATED ENTITY 7453872 TAX-EXEMPT BONDS 843314 10859281 DEFERRED RENT 421706 CAPITAL LEASE OBLIGATION 342368 DUE TO RELATED ENTITY 51 CURRENT PORTION OF LT DEBT 1479947 BOND PREMIUM 4400245 6644317 X 116015399 -1522162 187502 -1334660 117350059 0 117350059 110229299 187502 187502 110041797 0 110041797 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). MANAGEMENT OF THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: IN-KIND REVENUE 187,502. PART XII, LINE 2D - OTHER ADJUSTMENTS: IN-KIND EXPENSES 187,502. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION MAINTAINS A RACIALLY NONDISCRIMINATORY POLICY AND COMMUNICATES THIS POLICY TO ALL PROSPECTIVE STUDENTS AND THEIR FAMILIES. THE COPY OF THE POLICY IS AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 THE PER CAPITA TUITION FUNDS ARE FROM BOARD OF EDUCATION, CITY OF CHICAGO. THE TITLE FUNDS ARE FROM U.S DEPARTMENT OF EDUCATION PASSED-THROUGH ILLINOIS STATE BOARD OF EDUCATION. X X X X X X 0 0 0 0 0 0 0 0 0 RICHARD L RODRIGUEZ CHIEF EXECUTIVE OFFICER 248038 0 0 0 0 0 18200 0 21565 0 287803 0 0 0 RICHARD VALERGA CHIEF OPERATING OFFICER 163944 0 0 0 0 0 12123 0 26749 0 202816 0 0 0 ARACELI DE LA CRUZ GENERAL COUNSEL/CHIEF ADMI 163675 0 0 0 0 0 12055 0 26749 0 202479 0 0 0 HELENA C STANGLE CHIEF EXTERNAL AFFAIRS OFF 171131 0 0 0 0 0 12161 0 8424 0 191716 0 0 0 MARIEL LAUREANO CHIEF EDUCATION OFFICER 169351 0 0 0 0 0 0 0 18915 0 188266 0 0 0 JOANNE TANNER DEPUTY CHIEF EDUCATION OFFICER 148621 0 0 0 0 0 10899 0 26749 0 186269 0 0 0 MIGUEL TOVAR CHIEF FINANCIAL OFFICER 172358 0 0 0 0 0 11565 0 0 0 183923 0 0 0 CHRISTOPHER J ALLEN SCHOOL PRINCIPAL 132338 0 0 0 0 0 9733 0 26749 0 168820 0 0 0 MELISSA SWEAZY SCHOOL PRINCIPAL 133874 0 0 0 0 0 9614 0 16800 0 160288 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 452022AA4 2011-10-26 15575000 SEE PART VI 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 452022AB2 2011-10-26 21200000 SEE PART VI 0 0 0 A 15575000 1269691 311500 14000809 2008 0 0 1 1 B 21200000 1718720 424000 19057280 2013 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 0 B 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ILLINOIS FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2014 ISSUER NAME: ILLINOIS FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2014 990, SCHEDULE K, PART I, LINE A, COLUMN (F) THE PURPOSE OF BOTH BONDS IS FOR THE REPAYMENT OF PORTIONS OF BANK LOANS INCURRED TO FINANCE MULTIPLE CAPITAL PROJECTS, FUND CAPITAL RENOVATIONS, MAINTAIN A FINANCE RESERVE, AND COVER ISSUANCE COSTS. X E-RATE PROGRAM 26 335472 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS EQUAL TO THE TOTAL NUMBER OF INVOICES FOR ALLOWED TELECOM OR INFRASTRUCTURE SERVICES DURING THE FISCAL YEAR THAT WERE REIMBURSED OR PAID DIRECTLY TO THE VENDOR ON BEHALF OF ACERO UNDER THE E-RATE PROGRAM. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM; THEN THE CFO SENDS A COPY OF THE FINAL DRAFT 990 PRIOR TO ITS FILING TO THE BOARD OF DIRECTORS. THE CFO REVIEWS THE DRAFT WITH THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ARE PROVIDED WITH A COPY OF THE 990 PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING IS DONE ON AN ON-GOING BASIS BY MANAGEMENT AND THE BOARD OF DIRECTORS AND IS ACCOMPLISHED AS PART OF REGULAR BOARD OF DIRECTORS MEETINGS AND MONITORED BY CORPORATE ATTORNEYS. A POLICY HAS BEEN ESTABLISHED TO DEFINE CONFLICTS OF INTEREST AND SHALL REQUIRE THAT EACH OFFICER, DIRECTOR, AND EMPLOYEE WITH DECISION-MAKING AUTHORITY OF THE ENTITY CERTIFY AT LEAST ANNUALLY THAT HE OR SHE HAS NO CONFLICT THAT HAS NOT BEEN DISCLOSED IN THE APPROPRIATE CERTIFICATION FORM. THE POLICY ALSO INCLUDES PRACTICES FOR MONITORING PROPOSED OR ONGOING TRANSACTIONS AND DEALING WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTIONS HAS OCCURRED. FORM 990, PART VI, SECTION B, LINE 15 HUMAN RESOURCES RESEARCHES COMPARABLE CEO COMPENSATION BY REFERENCE TO SALARY SURVEYS, INDEPENDENT CONSULTANTS, AND PUBLICLY AVAILABLE INFORMATION. THIS INFORMATION IS INCLUDED IN THE COMPENSATION INFORMATION PACKAGE GIVEN TO THE BOARD BY THE CHIEF ADMINISTRATIVE OFFICER. THE BOARD USES THIS INFORMATION TO DETERMINE AND DOCUMENT ANNUAL COMPENSATION. THE INDEPENDENT BOARD OF DIRECTORS REVIEW THE REASONABLENESS OF THE COMPENSATION ARRANGEMENT AND APPROVAL IS DOCUMENTED IN THE BOARD MINUTES. THE BOARD OF DIRECTORS ALSO APPROVES ANY PROPOSED COMPENSATION TO ANY INDIVIDUAL THAT IS $150,000 OR GREATER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THERE IS NO CHANGE FROM THE PRIOR YEAR. OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT ARE PERFORMED BY THE BOARD OF DIRECTORS OR APPROPRIATE COMMITTEES OF THE BOARD. ACERO MARQUEZ CAMPUS INC 18 S MICHIGAN AVENUE SUITE 900 CHICAGO IL 60603 453582524 SUPPORTING ORGANIZATION IL 501(C)(3) LINE 12A, I ACERO CHARTER SCHOOLS INC 1 0 0 0 1 1 0 0 0 0 0 1 0 1 1 0 1 1 0 0 ACERO MARQUEZ CAMPUS INC D 7453821 FMV