ERF REAL ESTATE GROUP: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ERF REAL ESTATE GROUP (EIN 85-3157981)
- Tax period
- 2021-09-01 to 2022-08-31
- Filed
- 2022-12-21
- IRS object ID
- 202233559349300018
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-12-21T11:06:16-05:00 | ReturnTs |
| Tax Period End | 2022-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 742588605 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOVE THOMPSON & COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 711 N CARANCAHUA ST STE 820 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 853157981 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERF REAL ESTATE GROUP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ERFR | BusinessNameControlTxt |
| Phone | 3618819040 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N CARANCAHUA STE 700 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL ALTHEIDE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3618819040 | PhoneNum |
| Signature | 2022-12-08 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PAUL | PersonFirstNm |
| Person Last | ALTHEIDE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PATRICIA A BRYANT CPA | PreparerPersonNm |
| PTIN | P01229486 | PTIN |
| Phone | 3618871874 | PhoneNum |
| Preparation | 2022-12-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAUL ALTHEIDE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N CARANCAHUA ST 700 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78418 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,056,629 | GrossReceiptsAmt |
| Group Return For Affiliates | Yes (true) | GroupReturnForAffiliatesInd |
| All Affiliates Included | false | AllAffiliatesIncludedInd |
| Group Exemption | 6431 | GroupExemptionNum |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | EDRACHAL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2020 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | THE SUBORDINATE ORGANIZATIONS WERE FORMED TO HOLD TITLE TO REAL ESTATE FOR ERF REAL ESTATE INC., 20-2661759, THE CENTRAL ORGANIZATION. ALL FINANCIAL ACTIVITIES, ASSETS AND LIABILITIES REPORTED ON THIS RETURN ARE ALSO REPORTED ON A CONSOLIDATED BASES ON THE ED RACHAL FOUNDATION 990 PF RETURN. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $146,253 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,851 | PYInvestmentIncomeAmt |
| CY Investment Income | -$36,522 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,123,248 | PYOtherRevenueAmt |
| CY Other Revenue | -$109,731 | CYOtherRevenueAmt |
| PY Total Revenue | $2,125,099 | PYTotalRevenueAmt |
| CY Total Revenue | $0 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,125,099 | PYOtherExpensesAmt |
| CY Other Expenses | $0 | CYOtherExpensesAmt |
| PY Total Expenses | $2,125,099 | PYTotalExpensesAmt |
| CY Total Expenses | $0 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $73,942,038 | TotalAssetsBOYAmt |
| Total Assets EOY | $95,727,143 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,778,398 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,858,826 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $72,163,640 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $93,868,317 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE SUBORDINATE ORGANIZATIONS WERE FORMED TO HOLD TITLE TO REAL ESTATE FOR ERF REAL ESTATE INC., 20-2661759, THE CENTRAL ORGANIZATION. ALL FINANCIAL ACTIVITIES, ASSETS AND LIABILITIES REPORTED ON THIS RETURN ARE ALSO REPORTED ON A CONSOLIDATED BASES ON THE ED RACHAL FOUNDATION 990 PF RETURN. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | THE SUBORDINATE ORGANIZATIONS WERE FORMED TO HOLD TITLE TO REAL ESTATE FOR ERF REAL ESTATE INC., 20-2661759, THE CENTRAL ORGANIZATION. ALL FINANCIAL ACTIVITIES, ASSETS AND LIABILITIES REPORTED ON THIS RETURN ARE ALSO REPORTED ON A CONSOLIDATED BASES ON THE ED RACHAL FOUNDATION 990 PF RETURN. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE SUBORDINATE ORGANIZATIONS WERE FORMED TO HOLD TITLE TO REAL ESTATE FOR ERF REAL ESTATE INC., 20-2661759, THE CENTRAL ORGANIZATION. ALL FINANCIAL ACTIVITIES, ASSETS AND LIABILITIES REPORTED ON THIS RETURN ARE ALSO REPORTED ON A CONSOLIDATED BASES ON THE ED RACHAL FOUNDATION 990 PF RETURN. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 41 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL ALTHEIDE | PersonNm |
| Phone | 3618819040 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N CARANCAHUA ST 700 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78418 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| PAUL ALTHEIDE | |||||||||
| PRESIDENT | 2.00 | 48.00 | Yes (X) | Yes (X) | $0 | $593,615 | $21,065 | ||
| MYRA MORRIS | |||||||||
| CHIEF LEGAL | 2.00 | 38.00 | $0 | $329,887 | $13,718 | Yes (X) | |||
| MICHAEL HILL | |||||||||
| COMPTROLLER | 1.00 | 39.00 | $0 | $187,548 | $30,652 | Yes (X) | |||
| TAYLOR HUNT | |||||||||
| SR. PROJECT | 1.00 | 39.00 | $0 | $141,990 | $30,583 | Yes (X) | |||
| DAVID ROBERTS | |||||||||
| SENIOR ARCHI | 1.00 | 39.00 | $0 | $154,769 | $900 | Yes (X) | |||
| BETTIE BILLINGS | |||||||||
| ASSIST.COMPT | 1.00 | 39.00 | $0 | $117,880 | $30,364 | Yes (X) | |||
| JOHN CREEDON | |||||||||
| COST ANALYST | 1.00 | 39.00 | $0 | $122,774 | $23,143 | Yes (X) | |||
| DAVID HOYER | |||||||||
| BOARD CHAIR | 1.00 | 5.00 | Yes (X) | Yes (X) | $0 | $64,000 | $0 | ||
| JOHN JOHNSON | |||||||||
| SECRETARY/TR | 1.00 | 3.00 | Yes (X) | Yes (X) | $0 | $64,000 | $0 | ||
| KENNETH TRAWICK | |||||||||
| VICE BOARD C | 1.00 | 3.00 | Yes (X) | Yes (X) | $0 | $64,000 | $0 | ||
| JOSHUA T GAINES | |||||||||
| MEMBER | 1.00 | 3.00 | Yes (X) | $0 | $14,000 | $0 | |||
| DAVID J MORALES | |||||||||
| MEMBER | 1.00 | 3.00 | Yes (X) | $0 | $14,000 | $0 | |||
| KENNETH KELLER | |||||||||
| MEMBER | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Reportable Comp Rltd Org | $1,868,463 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $150,425 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ALLIED UNIVERSAL SECURITY SERVICES | |||||
| 5656 S STAPLES | CORPUS CHRISTI | TX | 78411 | SECURITY | $368,641 |
| SERVICE MASTER COMMERCIAL CLEANING | |||||
| 1604 S STAPLES | CORPUS CHRISTI | TX | 78404 | JANITORIAL | $261,993 |
| QUINCY MANAGEMENT INC | |||||
| 555 N CARANCAHUA STE 200 | CORPUS CHRISTI | TX | 78401 | PROPERTY MGMT | $253,460 |
| MOST JANITORIAL SERVICES INC | |||||
| 1231 AGNES STREET STE A20 | CORPUS CHRISTI | TX | 78401 | JANITORIAL | $227,906 |
| DATAVOX INC | |||||
| 2000 W SAM HOUSTON PKWY S | HOUSTON | TX | 77042 | IT | $166,488 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AFFILIATE RENTS RECEIVED | Desc |
| Business | 531110 | BusinessCd |
| Total Revenue Column | $146,253 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $146,253 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $146,253 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,447 | TotalRevenueColumnAmt |
| Exclusion | $1,447 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,291,545 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,011,241 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$1,719,696 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,719,696 | TotalRevenueColumnAmt |
| Exclusion | -$1,719,696 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $7,419 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $45,388 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$37,969 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$37,969 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$37,969 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|
| TRANSFER NET INCOME TO ERF | $1,587,477 | $1,587,477 |
| MISC INCOME | $22,488 | $22,488 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,609,965 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $108,284 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$108,284 | ExclusionAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $433,375 | BOYAmt |
| EOY | $312,109 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $843,161 | BOYAmt |
| EOY | $391,062 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $882,167 | BOYAmt |
| EOY | $2,035,118 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $99,624,478 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,786,824 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,601,895 | BOYAmt |
| EOY | $92,837,654 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,440 | BOYAmt |
| EOY | $151,200 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,942,038 | BOYAmt |
| EOY | $95,727,143 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,484 | BOYAmt |
| EOY | $76,025 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,507,914 | BOYAmt |
| EOY | $1,782,801 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,778,398 | BOYAmt |
| EOY | $1,858,826 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,163,640 | BOYAmt |
| EOY | $93,868,317 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,163,640 | BOYAmt |
| EOY | $93,868,317 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,942,038 | BOYAmt |
| EOY | $95,727,143 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $21,704,677 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $33,911,418 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $27,098,436 | OtherCostOrOtherBasisAmt |
| Book Value | $61,009,854 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $29,160,253 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $7,904,340 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,553,010 | DepreciationAmt |
| Book Value | $30,511,583 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,550,031 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $233,814 | DepreciationAmt |
| Book Value | $1,316,217 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $92,837,654 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER LIABILITIES | $1,023,853 |
| PREPAID RENTS | $486,086 |
| LEASE COMMISSION LIABILITIES | $151,200 |
| SECURITY DEPOSITS | $121,662 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,782,801 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 4, PART XIII | FormAndLineReferenceDesc |
| Explanation | 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 AND AMOUNTS REPORTED IN THE AUDITED FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|
| PAUL ALTHEIDE | |||
| PRESIDENT | $593,615 | $21,065 | $614,680 |
| MYRA MORRIS | |||
| CHIEF LEGAL COUNSEL | $329,887 | $13,718 | $343,605 |
| MICHAEL HILL | |||
| COMPTROLLER | $187,548 | $30,652 | $218,200 |
| TAYLOR HUNT | |||
| SR. PROJECT MGR | $141,990 | $30,583 | $172,573 |
| DAVID ROBERTS | |||
| SENIOR ARCHITECT | $154,769 | $900 | $155,669 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | PART I, LINE 3 - RELATED ORG METHODS USED FOR COMPENSATION EXPLANATION COMPENSATION FOR THE DIRECTORS AND OFFICERS IS BASED ON RECOMMENDATIONS RECEIVED FROM LEGAL COUNSEL. LEGAL COUNSEL RETAINS QUALIFIED INDEPENDENT COMPENSATION CONSULTANTS TO BASE THEIR RECOMMENDATIONS ON. THE RETAINED QUALIFIED INDEPENDENT COMPSENATION CONSULTANTS BASE THEIR ADVICE ON MARTKET SURVEYS, SITE VISITS, AND INDIVIDUAL PERSONAL INTERVIEWS WITH ALL PERSONNEL. OTHER INVESTIGATIONS AND PROCEDURES ARE PERFORMED AS THEY DEEM NECESSARY UNDER THE CIRCUMSTANCES. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE SUBORDINATE ORGANIZATIONS WERE FORMED TO HOLD TITLE TO REAL ESTATE FOR ERF REAL ESTATE INC., 20-2661759, THE CENTRAL ORGANIZATION. ALL FINANCIAL ACTIVITIES, ASSETS AND LIABILITIES REPORTED ON THIS RETURN ARE ALSO REPORTED ON A CONSOLIDATED BASES ON THE ED RACHAL FOUNDATION 990 PF RETURN. |
| FORM 990, PAGE 2, PART III, LINE 4D | THE SUBORDINATE ORGANIZATIONS WERE FORMED TO HOLD TITLE TO REAL ESTATE FOR ERF REAL ESTATE INC., 20-2661759, THE CENTRAL ORGANIZATION. ALL FINANCIAL ACTIVITIES, ASSETS AND LIABILITIES REPORTED ON THIS RETURN ARE ALSO REPORTED ON A CONSOLIDATED BASES ON THE ED RACHAL FOUNDATION 990 PF RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 11B | EACH DIRECTOR IS PROVIDED A COPY OF THE FORM 990. THE FORM 990 IS EXPLAINED IN DETAIL BY THE CEO AND ALL QUESTIONS RAISED BY INDIVIDUAL BOARD MEMBERS ARE DISCUSSED. WHEN THE PRESENTATION AND DISCUSSIONS ARE COMPLETED THE BOARD TAKES FORMAL ACTION TO APPROVE THE FORM 990. THE BOARD'S APPROVAL IS REFLECTED IN THE MINUTES OF THE MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION REQUIRES EACH DIRECTOR TO ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY AT LEAST ANNUALLY, AND AT LEAST ANNUALLY REPORT ANY ONGOING POTENTIAL CONFLICTS. EACH DIRECTOR IS REQUIRED TO INFORM THE BOARD ON EACH OCCASION A POTENTIAL CONFLICT ARISES. THE BOARD ADDRESSES THE SITUATION IN ACCORDANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | SEE SCHEDULE J, PART I, LINE 3 |
| FORM 990, PAGE 6, PART VI, LINE 15B | SEE SCHEDULE J, PART I, LINE 3 |
| FORM 990, PAGE 6, PART VI, LINE 19 | 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, AUDITED FINANCIAL STATEMENTS, AND FORM 990. |
| FORM 990, PART XI, LINE 9 | UNREALIZED GAIN ON FIXED ASSETS -17,578,664 TRANSFER OF NET INCOME TO ERF -1,587,477 CAPITAL CONTRIBUTIONS 40,870,818 TOTAL 21,704,677 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| THE ED RACHAL FOUNDATION | ||||||||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78418 | 741116595 | PRIV FDN | TX | 3 | PF | NA | false |
| ERF REAL ESTATE INC | ||||||||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78418 | 202661759 | TITLE HOLD | TX | 2 | ERF REAL E | false | |
| ERF TOWER II INC | ||||||||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78418 | 474191656 | TITLE HOLD | TX | 2 | ERF REAL E | false | |
| 802NC INC | ||||||||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78418 | 830802751 | TITLE HOLD | TX | 2 | ERF REAL E | false | |
| ERF PORT ARANSAS INC | ||||||||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78418 | 464468454 | TITLE HOLD | TX | 2 | ERF REAL E | false | |
| ERF WEST SIDE INC | ||||||||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78418 | 851914948 | TITLE HOLD | TX | 2 | ERF REAL E | false | |
| ERF LAMAR INC | ||||||||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78418 | 851494970 | TITLE HOLD | TX | 2 | ERF REAL E | false | |
| ERF PALACIOS INC | ||||||||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78418 | 863879335 | TITLE HOLD | TX | 2 | ERF REAL E | false | |
| ERF VAL VERDE INC | ||||||||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78418 | 881331102 | TITLE HOLD | TX | 2 | ERF REAL E | false | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| ED RACHAL FOUNDATION | ||
| C | $34,492,721 | ACTUAL FUNDING |
| ED RACHAL FOUNDATION | ||
| B | $3,049,880 | ACTUAL FUNDING |
| ERF REAL ESTATE INC | ||
| C | $9,428,002 | ACTUAL FUNDING |
| ED RACHAL FOUNDATION | ||
| J | $188,004 | ACTUAL RENT RECEIPTS FROM |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | ERF REAL ESTATE, INC., EIN 20-2661759, 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 74-1116595). 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: 46-4468454) 2. ERF TOWER II INC. (EIN: 47-4191656) 3. ERF LAMAR INC. (EIN: 85-1494970) 4. 802 NC INC. (EIN: 83-0802751) 5. ERF WEST SIDE INC. (EIN: 85-1914948) 6. ERF PALACIOS INC. (EIN: 86-3879335) 7. ERF VAL VERDE INC (EIN: 88-1331102) 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). | ExplanationTxt |
Affiliate Listing AffiliateListing
Affiliate Listing AffiliateListingGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Business Name ControlBusinessNameControlTxt |
|---|---|---|---|---|---|
| ERF PORT ARANSAS INC | |||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78401 | 464468454 | ERFP |
| ERF TOWER II INC | |||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78401 | 474191656 | ERFT |
| 802 NC INC | |||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78401 | 830802751 | 802N |
| ERF LAMAR INC | |||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78401 | 851494970 | ERFL |
| ERF WEST SIDE INC | |||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78401 | 851914948 | ERFW |
| ERF PALACIOS INC | |||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78401 | 863879335 | ERFP |