ERF REAL ESTATE GROUP: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ERF REAL ESTATE GROUP (EIN 85-3157981)
- Tax period
- 2024-09-01 to 2025-08-31
- Filed
- 2026-01-13
- IRS object ID
- 202630139349300028
- Schema version
- 2024v5.2
- 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 | 2026-01-13T09:20:48-06:00 | ReturnTs |
| Tax Period End | 2025-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 742520265 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLIER JOHNSON & WOODS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N CARANCAHUA SUITE 1000 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 784010839 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-09-01 | 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 | 2025-12-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT TROY COOK | PreparerPersonNm |
| PTIN | P00822030 | PTIN |
| Phone | 3618849347 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | 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 SUITE 700 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,940,757 | GrossReceiptsAmt |
| Group Return For Affiliates | Yes (1) | GroupReturnForAffiliatesInd |
| All Affiliates Included | Yes (1) | AllAffiliatesIncludedInd |
| Group Exemption | 6431 | GroupExemptionNum |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.EDRACHAL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2020 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $157,340 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $142,090 | CYProgramServiceRevenueAmt |
| PY Investment Income | $249,831 | PYInvestmentIncomeAmt |
| CY Investment Income | $83,331 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$407,171 | PYOtherRevenueAmt |
| CY Other Revenue | -$225,421 | CYOtherRevenueAmt |
| PY Total Revenue | $0 | PYTotalRevenueAmt |
| CY Total Revenue | $0 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $0 | PYOtherExpensesAmt |
| CY Other Expenses | $0 | CYOtherExpensesAmt |
| PY Total Expenses | $0 | PYTotalExpensesAmt |
| CY Total Expenses | $0 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $0 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $141,760,406 | TotalAssetsBOYAmt |
| Total Assets EOY | $136,979,112 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,218,745 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,098,728 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $139,541,661 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $134,880,384 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | 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. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 35 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL ALTHEIDE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3618819040 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N CARANCAHUA ST SUITE 700 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 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 | $675,000 | $22,022 | ||
| JOHN JOHNSON | |||||||||
| SECRETARY/TREASURER | 1.00 | 4.00 | Yes (X) | Yes (X) | $0 | $66,800 | $0 | ||
| KENNETH TRAWICK | |||||||||
| VICE BOARD CHAIR | 1.00 | 4.00 | Yes (X) | Yes (X) | $0 | $66,800 | $0 | ||
| DAVID HOYER | |||||||||
| BOARD CHAIRMAN | 1.00 | 5.00 | Yes (X) | Yes (X) | $0 | $66,800 | $0 | ||
| DAVID J MORALES | |||||||||
| ADVISORY DIRECTOR | 1.00 | 4.00 | Yes (X) | $0 | $64,000 | $0 | |||
| JOSHUA T GAINES | |||||||||
| ADVISORY DIRECTOR | 1.00 | 4.00 | Yes (X) | $0 | $64,000 | $0 | |||
| KENNETH KELLER | |||||||||
| DIRECTOR | 1.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |||
| MYRA MORRIS | |||||||||
| CHIEF LEGAL COUNSEL | 2.00 | 38.00 | $0 | $377,424 | $15,485 | Yes (X) | |||
| MICHAEL HILL | |||||||||
| COMPTROLLER | 1.00 | 39.00 | $0 | $235,269 | $34,410 | Yes (X) | |||
| FRANCISCO CAVAZOS | |||||||||
| PROEJECT SUPERVISOR | 1.00 | 39.00 | $0 | $110,075 | $33,932 | Yes (X) | |||
| TAYLOR HUNT | |||||||||
| SR. PROJECT MANAGER | 1.00 | 39.00 | $0 | $166,269 | $34,201 | Yes (X) | |||
| BETTIE BILLINGS | |||||||||
| ASSIST. COMPTROLLER | 1.00 | 39.00 | $0 | $151,731 | $34,125 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,044,168 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $174,175 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Q CLEANING INC | |||||
| 555 N CARANCAHUA ST SUITE 200 | CORPUS CHRISTI | TX | 78401 | JANITORIAL | $512,863 |
| ALLIED UNIVERSAL SECURITY SERVICES | |||||
| 5656 S STAPLES | CORPUS CHRISTI | TX | 78411 | SECURITY | $349,406 |
| QUINCY MANAGEMENT INC | |||||
| 555 N CARANCAHUA ST SUITE 200 | CORPUS CHRISTI | TX | 78401 | PROPERTY MGMT | $318,042 |
| DAIKIN APPLIED AMERICAS INC | |||||
| 13600 INDUSTRIAL PARK BLVD | MINNEAPOLIS | MN | 55441 | CONSTRUCTION | $174,364 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AFFILLIATE RENTS RECEIVED | Desc |
| Business | 531110 | BusinessCd |
| Total Revenue Column | $142,090 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $142,090 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $142,090 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $83,331 | TotalRevenueColumnAmt |
| Exclusion | $83,331 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,743,608 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,940,757 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$197,149 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$197,149 | TotalRevenueColumnAmt |
| Exclusion | -$197,149 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TRANSFER NET INCOME TO ERF | $87,712 | $87,712 | |
| MISC INCOME | $26,106 | $26,106 | |
| TRATRANSFER NET INCOME TO ERF | -$142,090 | -$142,090 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$28,272 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | 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 | $397,147 | BOYAmt |
| EOY | $411,230 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,086,875 | BOYAmt |
| EOY | $921,683 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,700,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,543,255 | BOYAmt |
| EOY | $4,427,811 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $126,442,788 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,632,329 | BOYAmt |
| EOY | $126,442,788 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,800 | BOYAmt |
| EOY | $75,600 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $141,760,406 | BOYAmt |
| EOY | $136,979,112 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,721,616 | BOYAmt |
| EOY | $1,600,644 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $497,129 | BOYAmt |
| EOY | $498,084 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,218,745 | BOYAmt |
| EOY | $2,098,728 | 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 | $139,541,661 | BOYAmt |
| EOY | $134,880,384 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,541,661 | BOYAmt |
| EOY | $134,880,384 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $141,760,406 | BOYAmt |
| EOY | $136,979,112 | 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 | -$4,661,277 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $50,946,333 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $22,952,256 | OtherCostOrOtherBasisAmt |
| Book Value | $73,898,589 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $37,399,842 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $14,652,385 | OtherCostOrOtherBasisAmt |
| Book Value | $52,052,227 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $491,972 | InvestmentCostOrOtherBasisAmt |
| Book Value | $491,972 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $126,442,788 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| PREPAID RENTS | $312,178 |
| SECURITY DEPOSITS | $110,306 |
| LEASE COMMISSION LIABILITIES | $75,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $498,084 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART XIII - SUPPLEMENTAL FINANCIAL INFORMATION | 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. PRESENATION IS CONSISTENT WITH PRIOR YEARS' REPORTING. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAUL ALTHEIDE | ||||||||||||||
| PRESIDENT | $0 | $540,000 | $0 | $135,000 | $0 | $0 | $0 | $0 | $0 | $22,022 | $0 | $697,022 | $0 | $0 |
| MYRA MORRIS | ||||||||||||||
| CHIEF LEGAL COUNSEL | $0 | $377,424 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15,485 | $0 | $392,909 | $0 | $0 |
| MICHAEL HILL | ||||||||||||||
| COMPTROLLER | $0 | $235,269 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,410 | $0 | $269,679 | $0 | $0 |
| TAYLOR HUNT | ||||||||||||||
| SR. PROJECT MANAGER | $0 | $166,269 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,201 | $0 | $200,470 | $0 | $0 |
| BETTIE BILLINGS | ||||||||||||||
| ASSIST. COMPTROLLER | $0 | $151,731 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,125 | $0 | $185,856 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III - OTHER ADDITONAL INFORMATION | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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- ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES | PART I, 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 INFORMATION | 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 -11,943,908. TRANSFER OF NET INCOME TO ERF 54,379. CAPTAL CONTRIBUTIONS 7,228,252. 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. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| THE ED RACHCAL FOUNDATION | ||||||||||
| 555 N CARANCAHUA ST 700 | CORPUS CHRISTI | TX | 78401 | 741116595 | PRIV FDN | TX | 501(C)(3) | PF | N/A | 0 |
| (no name) | ||||||||||
| 501(C)(2) | 0 | |||||||||
| (no name) | ||||||||||
| 501(C)(2) | 0 | |||||||||
| (no name) | ||||||||||
| 501(C)(2) | 0 | |||||||||
| (no name) | ||||||||||
| 501(C)(2) | 0 | |||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R - ADDITIONAL INFORMATION | 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) 8. ERF INGLESIDE INC. (EIN: 92-0512114) 9. ERF LEOPARD INC. (EIN: 92-1878901) 10. ERF BUFFALO INC. (EIN: 92-3286012) 11. ERF BROADWAY INC. (EIN: 39-3948991) 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 |