2020-01-21T11:42:15-06:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2018-07-01 364235934 ACERO CHARTER SCHOOLS INC ACER 3126373900 209 W JACKSON BOULEVARD SUITE 500 CHICAGO IL 60606 RICHARD L RODRIGUEZ CHIEF EXECUTIVE OFFICER 3126373900 2020-01-08 1 JAMES R THOMAS P00095586 6305738600 2020-01-07 67.137.57.251 2020-01-08 10:41:37 CS P C809F280B091A435C58699C8EF0F07C8ABEBABE1 901F5690EC36325D0A7918B3E7A7D1D1E4EC0A15 2018 2020-09-23 17:36:50Z RICHARD L RODRIGUEZ 209 W JACKSON BOULEVARD SUITE 500 CHICAGO IL 60606 97126988 0 X WWW.ACEROSCHOOLS.ORG X 1997 IL TRANSFORMING MINDS THROUGH ACADEMIC EMPOWERMENT AND SUCCESS. 8 8 855 426 0 49006 95858230 96328448 203448 290020 85148 373555 44727 56502 96191553 97048525 0 0 0 0 55494895 61362636 0 0 101640 31162998 33018790 86657893 94381426 9533660 2667099 86394422 89193414 62994864 63126757 23399558 26066657 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 86974476 290020 STUDENT FEE - EDUCATIONAL INSTITUTION FOR STUDENTS IN KINDERGARTEN THROUGH HIGH SCHOOL SERVING APPROXIMATELY 7,500 STUDENTS THROUGH 13 ELEMENTARY AND 3 HIGH SCHOOLS, RESPECTIVELY. 86974476 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 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 74 0 855 1 1 1 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X MICHAEL BRADLEY 3126373900 209 WEST JACKSON BOULEVARDSUITE 500 CHICAGO IL 60606 YENI ROJAS CHAIRWOMAN 2.00 X X 0 0 0 DOUGLASS G 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 STACY NEIER BERAN 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 A YEAGER DIRECTOR 2.00 X 0 0 0 RICHARD L RODRIGUEZ CHIEF EXECUTIVE OFFICER 40.00 X 255640 0 38682 CHRISTINE DIAZ CHIEF EDUCATION OFFICER 40.00 X 64384 0 9903 JOEL RICHARD POLLACK CHIEF EDUCATION OFFICER - LEFT AUG 18 40.00 X 130199 0 22580 MICHAEL BRADLEY CHIEF FINANCIAL OFFICER 40.00 X 152952 0 31526 RICHARD VALERGA CHIEF OPERATING OFFICER 40.00 X 150695 0 29663 HELENA C STANGLE CHIEF EXTERNAL AFFAIRS OFFICER 40.00 X 154972 0 17472 ARACELI DE LA CRUZ GENERAL COUNSEL/CHIEF ADMIN 40.00 X 146537 0 31526 CHRISTOPHER J ALLEN SCHOOL PRINCIPAL 40.00 X 138127 0 30506 JOANNE M TANNER SCHOOL PRINCIPAL 40.00 X 147076 0 30506 MOLLY ANNE ROBINSON SCHOOL PRINCIPAL 40.00 X 136351 0 20168 MELISSA SWEAZY SCHOOL PRINCIPAL 40.00 X 140518 0 22926 SANDRA MEDINA-ALBA SCHOOL PRINCIPAL 40.00 X 129056 0 27143 1746507 0 312601 11 0 1 0 CERES FOOD GROUP INC 5343 WEST ROSCOE STREET CHICAGO IL 606414141 FOOD CATERING SERVICES FOR STUDENT MEALS 3979454 EDU HEALTHCARE LLC PO BOX 480394 CHARLOTTE NC 28269 SPECIAL EDUCATION INSTRUCTION SERVICES F 2374429 HEALTHPRO HERITAGE 536 OLD HOWELL ROAD GREENVILLE SC 29615 SPECIAL EDUCATION CLINICIAN SERVICES 1556519 PARALLEL EMPLOYMENT GROUP 6925 SOUTH 6TH STREET SUITE 300 OAK CREEK WI 53154 SUBSTITUTE TEACHER PLACEMENT SERVICE 1246989 GENERAL MECHANICAL SERVICES 18 CONGRESS CIRCLE WEST ROSELLE IL 60172 MAINTENANCE SUPPLIES. REPAIR SERVICE AND 835879 23 6150 95749884 572414 330149 96328448 STUDENT FEES 611110 290020 290020 290020 444863 444863 34658 0 34658 34658 34658 71308 -71308 -71308 -71308 1320 6150 7155 -5835 -5835 MISCELLANEOUS REVENUE 611110 27679 27679 27679 97048525 290020 0 430057 1214625 847585 367040 45940217 43048505 2891712 5784188 5406355 377833 6847789 6398912 448877 1575817 1468135 107682 512688 512688 82051 82051 5184927 4330320 854607 208210 208210 866546 664200 202346 229338 229338 7307631 6808273 499358 21211 19762 1449 3150549 2935260 215289 4993726 4652485 341241 431782 402277 29505 UBIT - TRANSPORTATION B 10501 10501 SCHOOL BREAKFAST AND LU 3994013 3994013 CPS ADMINISTRATION FEE 2081799 2081799 EQUIPMENT RENTAL AND MA 1287648 1199658 87990 2656170 2508727 45803 101640 94381426 86974476 7305310 101640 5738 5907 27367444 31681954 2122941 2453860 2503341 1599152 75809970 28253128 48887308 47556842 5507650 5895699 86394422 89193414 8977743 8797479 5348 95348 33699946 33225574 16804585 16173838 3507242 4834518 62994864 63126757 X 23375368 26021641 24190 45016 23399558 26066657 86394422 89193414 2667099 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35945544 4198469 31747075 18231575 13069366 5162209 21632851 10985293 10647558 47556842 DEPOSITS 204667 DEPOSITS - BOND PRINCIPAL AND CAPITAL RESERVE ACCOUNT 2553358 DEPOSITS - BOND RESERVE ACCOUNT 3067414 DUE FROM RELATED ENTITY 70260 5895699 DEFERRED RENT 592668 CAPITAL LEASE OBLIGATION 1152299 DUE TO RELATED ENTITY 3089551 4834518 X 97366254 317729 317729 97048525 0 97048525 94699155 317729 317729 94381426 0 94381426 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 317,729. PART XII, LINE 2D - OTHER ADJUSTMENTS: IN-KIND EXPENSES 317,729. 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. SOMOS ACHIEVEMENT LUNCHEON 7470 6150 1320 5580 1575 7470 6150 1320 5580 1575 7155 -5835 X X X X X X 0 0 0 0 0 0 0 0 0 RICHARD L RODRIGUEZ CHIEF EXECUTIVE OFFICER 255640 0 0 0 0 0 18207 0 20475 0 294322 0 0 0 JOEL RICHARD POLLACK CHIEF EDUCATION OFFICER - LEFT AUG 1 124160 0 0 0 6039 0 8948 0 13632 0 152779 0 0 0 MICHAEL BRADLEY CHIEF FINANCIAL OFFICER 151310 0 0 0 1642 0 11051 0 20475 0 184478 0 0 0 RICHARD VALERGA CHIEF OPERATING OFFICER 149053 0 0 0 1642 0 11051 0 18612 0 180358 0 0 0 HELENA C STANGLE CHIEF EXTERNAL AFFAIRS OFFICER 153330 0 0 0 1642 0 11006 0 6466 0 172444 0 0 0 ARACELI DE LA CRUZ GENERAL COUNSEL/CHIEF ADMIN 144895 0 0 0 1642 0 11051 0 20475 0 178063 0 0 0 CHRISTOPHER J ALLEN SCHOOL PRINCIPAL 137890 0 0 0 237 0 10031 0 20475 0 168633 0 0 0 JOANNE M TANNER SCHOOL PRINCIPAL 138647 0 0 0 8429 0 10031 0 20475 0 177582 0 0 0 MOLLY ANNE ROBINSON SCHOOL PRINCIPAL 136120 0 0 0 231 0 7524 0 12644 0 156519 0 0 0 MELISSA SWEAZY SCHOOL PRINCIPAL 140281 0 0 0 237 0 10031 0 12895 0 163444 0 0 0 SANDRA MEDINA-ALBA SCHOOL PRINCIPAL 121637 0 0 0 7419 0 6668 0 20475 0 156199 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 1025000 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 30000 FMV X SCHOOL SUPPLIES (NOTEBOOKS, BACKPACKS, BINS, PAPER, CRAYONS, GLUE) 1 268522 FMV 0 1 0 PART I, COLUMN (B): 1 CONTRIBUTOR - KIDS IN NEED FOUNDATION 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 MEETING 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 WAS INCLUDED IN THE COMPENSATION INFORMATION PACKAGE GIVEN TO THE BOARD BY THE GENERAL COUNSEL/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 $125,000 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 209 W JACKSON BLVD SUITE 500 CHICAGO IL 60606 453582524 SUPPORTING ORGANIZATION IL 501(C)(3) LINE 12A, I ACERO CHARTER SCHOOLS INC 1 1 0 0 1 1 0 0 0 0 0 1 0 0 1 0 1 1 0 0 ACERO MARQUEZ CAMPUS INC K 1110444 COST