2024-03-26T15:11:24-05:00 2023-08-31 742520265 COLLIER JOHNSON & WOODS PC 555 N CARANCAHUA SUITE 1000 CORPUS CHRISTI TX 784010839 990 2022-09-01 853157981 ERF REAL ESTATE GROUP ERFR 3618819040 555 N CARANCAHUA STE 700 CORPUS CHRISTI TX 78401 PAUL D ALTHEIDE PRESIDENT 3618819040 2024-03-19 1 PAUL ALTHEIDE 999009999 0 ROBERT TROY COOK P00822030 3618849347 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAUL D ALTHEIDE 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 12349708 1 1 6431 X EDRACHAL.ORG X 2020 TX SEE SCHEDULE O 7 0 0 0 0 0 0 0 146253 152383 -36522 1378 -109731 -153761 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 95727143 136405078 1858826 2372452 93868317 134032626 X SEE SCHEDULE O 0 0 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 BASIS ON THE ED RACHAL FOUNDATION 990 PF RETURN. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 36 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PAUL ALTHEIDE 3618819040 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 PAUL ALTHEIDE PRESIDENT 2.00 48.00 X X 0 623499 13086 JOHN JOHNSON SECRETARY/TREASURER 1.00 4.00 X X 0 66800 0 KENNETH TRAWICK VICE BOARD CHAIR 1.00 4.00 X X 0 65200 0 DAVID HOYER BOARD CHAIR 1.00 5.00 X X 0 62400 0 DAVID J MORALES MEMBER 1.00 4.00 X 0 66800 0 JOSHUA J GAINES MEMBER 1.00 4.00 X 0 64000 0 KENNETH KELLER MEMBER 1.00 4.00 X 0 0 0 MYRA MORRIS CHIEF LEGAL COUNSEL 2.00 38.00 X 0 350079 13217 MICHAEL HILL COMPTROLLER 1.00 39.00 X 0 203308 32261 DAVID ROBERTS SENIOR ARCHITECT 1.00 39.00 X 0 193395 900 JOHN CREEDON COST ANALYST 1.00 39.00 X 0 173114 22596 TAYLOR HUNT SR. PROJECT MGR 1.00 39.00 X 0 151295 32180 BETTIE BILLINGS ASSIST. COMPTROLLER 1.00 39.00 X 0 128272 31921 0 2148162 146161 7 0 1 0 LAST GENERATION CONSTRUCTION LLC 8100 SOUTH PADRE ISLAND DRIVE CORPUS CHRISTI TX 78412 CONSTRUCTION 687963 ALLIED UNIVERSAL SECURITY SERVICES 5656 S STAPLES CORPUS CHRISTI TX 78411 SECURITY 422538 QUINCY MANAGEMENT INC 555 N CARANCAHUA STE 200 CORPUS CHRISTI TX 78401 PROPERTY MGMT 325950 MOST JANITORIAL SERVICES INC 1231 AGNES STREET STE A20 CORPUS CHRISTI TX 78401 JANITORIAL 235889 SERVICE MASTER COMMERCIAL CLEANING 1604 S STAPLES CORPUS CHRISTI TX 78404 JANITORIAL 209025 10 AFFILIATE RENTS RECEIVED 531110 152383 152383 152383 1378 1378 9165441 12349708 -3184267 -3184267 -3184267 TRANSFER NET INCOME TO ERF 3023086 3023086 MISC INCOME 7420 7420 3030506 0 152383 0 -152383 0 0 0 0 312109 415988 391062 447667 2035118 4827541 140050817 9462935 92837654 130587882 151200 126000 95727143 136405078 76025 1836258 1782801 536194 1858826 2372452 X 93868317 134032626 93868317 134032626 95727143 136405078 X 0 40164309 X X 0 0 0 52986210 26800014 79786224 45558581 14183926 9199406 50543101 522086 263529 258557 130587882 PREPAID RENTS 274607 SECURITY DEPOSITS 135587 LEASE COMMISSION LIABILITIES 126000 536194 PART XIII - SUPPLEMENTAL FINANCIAL INFORMATION 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. 1 X X X X 0 0 0 PAUL ALTHEIDE PRESIDENT 0 623499 0 0 0 0 0 0 0 13086 0 636585 0 0 MYRA MORRIS CHIEF LEGAL COUNSEL 0 350079 0 0 0 0 0 0 0 13217 0 363296 0 0 MICHAEL HILL COMPTROLLER 0 203308 0 0 0 0 0 0 0 32261 0 235569 0 0 JOHN CREEDON COST ANALYST 0 173114 0 0 0 0 0 0 0 22596 0 195710 0 0 DAVID ROBERTS SENIOR ARCHITECT 0 193395 0 0 0 0 0 0 0 900 0 194295 0 0 TAYLOR HUNT SR. PROJECT MGR 0 151295 0 0 0 0 0 0 0 32180 0 183475 0 0 BETTIE BILLINGS ASSIST. COMPTROLLER 0 128272 0 0 0 0 0 0 0 31921 0 160193 0 0 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 SUPPORT THEIR RECOMMENDATIONS. THE RETAINED QUALIFIED INDEPENDENT COMPENSATION CONSULTANTS BASE THEIR ADVICE ON MARKET SURVEYS, SITE VISITS, AND INDIVIDUAL PERSONAL INTERVIEWS WITH ALL PERSONNEL. OTHER INVESTIGATIONS AND PROCEDURES ARE PERFORMED AS NECESSARY. 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, PART III, LINE 4D - ALL OTHER ACCOMPLISHMENTS 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, PART VI, SECTION B, LINE 11B FORM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990 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, PART VI, SECTION B, LINE 12C FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY THE ORGANIZATION REQUIRES EACH DIRECTOR TO ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY AT LEATS ANNUALLY, AND AT LEAST ANNUALLY REPORT ANY ONGOING POTENTIAL CONFLICTS. EACH DIRECTOR IS ALSO REQUIRED TO INFORM THE BOARD OF POTENTIAL CONFLICTS THAT MAY ARISE. THE BOARD ADDRESSES THE SITUATION IN ACCORDANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL SEE SCHEDULE J, PART I, LINE 3 FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS SEE SCHEDULE J, PART I, LINE 3 FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, 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 XI, LINE 9: UNREALIZED GAIN ON FIXED ASSETS 2,426,183. TRANSFER OF NET INCOME TO ERF -3,023,086. CAPTAL CONTRIBUTIONS 40,461,212. OTHER QUALIFYING DISTRIBUTION 300,000. THE ED RACHCAL FOUNDATION 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 741116595 PRIV FDN TX 501(C)(3) PF N/A 0 ERF REAL ESTATE INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 202661759 TITLE HOLD TX 501(C)(2) ERF REAL E 0 ERF TOWER II INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 474191656 TITLE HOLD TX 501(C)(2) ERF REAL E 0 802 NC INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 830802751 TITLE HOLD TX 501(C)(2) ERF REAL E 0 ERF PORT ARANSAS INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 464468454 TITLE HOLD TX 501(C)(2) ERF REAL E 0 ERF WEST SIDE INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 851914948 TITLE HOLD TX 501(C)(2) ERF REAL E 0 ERF LAMAR INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 851494970 TITLE HOLD TX 501(C)(2) ERF REAL E 0 ERF PALACIOS INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 863879335 TITLE HOLD TX 501(C)(2) ERF REAL E 0 ERF VAL VERDE INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 881331102 TITLE HOLD TX 501(C)(2) ERF REAL E 0 ERF BUFFALO INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 923286012 TITLE HOLD TX 501(C)(2) ERF REAL E 0 ERF LEOPARD INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 921878901 TITLE HOLD TX 501(C)(2) ERF REAL E 0 ERF INGLESIDE INC 555 N CARANCAHUA ST 700 CORPUS CHRISTI TX 78401 920512114 TITLE HOLD TX 501(C)(2) ERF REAL E 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 SCHEDULE R - ADDITIONAL INFORMATION 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) 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).