2024-01-15T15:50:04-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2022-07-01 364235934 ACERO CHARTER SCHOOLS INC ACER 3126373900 18 S MICHIGAN AVENUE 900 CHICAGO IL 60603 RICHARD L RODRIGUEZ CHIEF EXECUTIVE OFFICER 3126373900 2024-01-15 1 RICHARD RODRIGUEZ 999009999 1 JAMES R THOMAS P00095586 6305738600 2024-01-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD L RODRIGUEZ 18 S MICHIGAN AVENUE 900 CHICAGO IL 60603 128719732 0 X WWW.ACEROSCHOOLS.ORG X 1997 IL ORGANIZATION PROVIDES EDUCATIONAL AND COMMUNITY OPPORTUNITIES FOR YOUTHS IN K-12. 11 11 867 61 0 0 117136530 123446661 42481 107956 141454 682795 29594 135740 117350059 124373152 0 0 0 0 73443568 79775312 0 0 213059 36598229 39519424 110041797 119294736 7308262 5078416 101251624 110284206 63352918 66591684 37898706 43692522 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 112284145 107956 STUDENT FEE - EDUCATIONAL INSTITUTION FOR STUDENTS IN KINDERGARTEN THROUGH HIGH SCHOOL SERVING 6,566 STUDENTS THROUGH 13 ELEMENTARY AND 3 HIGH SCHOOLS, RESPECTIVELY. 112284145 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 47 0 867 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 JAIRO NARANJO 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 SIMON YOHANAN 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 PRESIDENT & CHIEF EXECUTIVE OFFICER 40.00 X 260000 0 38640 RICHARD VALERGA CHIEF OPERATING OFFICER 40.00 X 182070 0 37762 MIGUEL TOVAR CHIEF FINANCIAL OFFICER 40.00 X 178500 0 13256 HELENA C STANGLE CHIEF CULTURE OFFICER 40.00 X 182070 0 22081 ALFREDO NAMBO CHIEF EDUCATION OFFICER 40.00 X 182070 0 19254 JOANNE TANNER DEPUTY CHIEF EDUCATION OFFICER 40.00 X 159181 0 22391 MELISSA SWEAZY SCHOOL PRINCIPAL 40.00 X 150436 0 15870 CHRISTOPHER J ALLEN SCHOOL PRINCIPAL 40.00 X 152298 0 26013 CLAUDIA CASTRO CHIEF LEGAL OFFICER 40.00 X 182070 0 16144 CORREA ARIEL A PRINCIPAL 40.00 X 150426 0 5885 1779121 0 217296 60 0 1 0 HEALTHPRO HERITAGE 536 OLD HOWELL ROAD GREENVILLE SC 29615 SPECIAL EDUCATION CLINICIAN SERVICES 5998838 KOKUA EDUCATION INC PO BOX 732697 DALLAS TX 75373 SUBSTITUTE TEACHER SERVICES 3935229 ORGANICLIFE LLC 430 W ERIE ST SUITE 403 CHICAGO IL 60654 FOOD SERVICE FOR STUDENTS 3590016 CDW GOVERNMENT INC 536 OLD HOWELL ROAD GREENVILLE SC 29615 TECHNOLOGY HARDWARE & SOFTWARE 2443336 PREMISTAR 18 CONGRESS CIRCLE WEST ROSELLE IL 60172 GENERAL & MECHANICAL CONTRACTOR 1783584 55 122914000 532661 517539 123446661 STUDENT FEES 611110 107956 107956 107956 1018952 1018952 4010423 4346580 -336157 -336157 -336157 MISCELLANEOUS REVENUE 611110 135740 135740 135740 124373152 107956 0 818535 1115702 693840 421862 58972983 55756862 3216121 8279893 7797794 482099 9688195 9147263 540932 1718539 1615920 102619 465259 442199 23060 43584 43584 8001280 7909741 91539 133466 133466 1136256 732057 404199 34680 34680 8082553 7599919 482634 39025 36695 2330 1564614 1471186 93428 5033809 4733225 300584 628676 591136 37540 SCHOOL BREAKFAST AND LU 3559573 3347020 212553 CLASSROOM SUPPLIES AND 3364548 3364548 CPS ADMINISTRATION FEE 2435622 2435622 OTHER EXPENSES 1774066 1668130 105936 3222413 2807522 201832 213059 119294736 112284145 6797532 213059 1440 1441 25209352 26910293 10285093 6923904 1859728 2927347 75071997 30996664 40148950 44075333 12887780 13056289 10859281 16389599 101251624 110284206 13047382 13016619 158957 24719 43502262 41982470 6644317 11567876 63352918 66591684 X 37798452 43562580 100254 129942 37898706 43692522 101251624 110284206 5078416 715400 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34925127 5386230 29538897 25700670 19665298 6035372 14446200 5945136 8501064 44075333 DEPOSITS 150606 DEPOSITS - BOND PRINCIPAL AND CAPITAL RESERVE ACCOUNT 2628075 DUE FROM RELATED ENTITY 7453872 TAX-EXEMPT BONDS 761692 OPERATING LEASE RIGHT-OF-USE ASSET 5395354 16389599 DUE TO RELATED ENTITY 51 CURRENT PORTION OF LT DEBT 1519044 BOND PREMIUM 4083519 OPERATING LEASE LIABILITY 5965262 11567876 X 125089600 715400 1048 716448 124373152 0 124373152 119295784 1048 1048 119294736 0 119294736 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 1,048. PART XII, LINE 2D - OTHER ADJUSTMENTS: IN-KIND EXPENSES 1,048. 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 PRESIDENT & CHIEF EXECUTIVE OFFICER 260000 0 0 0 0 0 18200 0 20440 0 298640 0 0 0 RICHARD VALERGA CHIEF OPERATING OFFICER 182070 0 0 0 0 0 12425 0 25337 0 219832 0 0 0 HELENA C STANGLE CHIEF CULTURE OFFICER 182070 0 0 0 0 0 13097 0 8984 0 204151 0 0 0 ALFREDO NAMBO CHIEF EDUCATION OFFICER 182070 0 0 0 0 0 0 0 19254 0 201324 0 0 0 CLAUDIA CASTRO CHIEF LEGAL OFFICER 182070 0 0 0 0 0 9034 0 7110 0 198214 0 0 0 MIGUEL TOVAR CHIEF FINANCIAL OFFICER 178500 0 0 0 0 0 12872 0 384 0 191756 0 0 0 JOANNE TANNER DEPUTY CHIEF EDUCATION OFFICER 159181 0 0 0 0 0 0 0 22391 0 181572 0 0 0 CHRISTOPHER J ALLEN SCHOOL PRINCIPAL 152298 0 0 0 0 0 0 0 26013 0 178311 0 0 0 MELISSA SWEAZY SCHOOL PRINCIPAL 150436 0 0 0 0 0 0 0 15870 0 166306 0 0 0 CORREA ARIEL A PRINCIPAL 150426 0 0 0 0 0 5885 0 0 0 156311 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 517539 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