ED RACHAL FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- ED RACHAL FOUNDATION (EIN 74-1116595)
- Tax period
- 2015-09-01 to 2016-08-31
- Filed
- 2017-07-11
- IRS object ID
- 201721929349100752
- Schema version
- 2015v3.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-07-11T10:39:00-05:00 | ReturnTs |
| Tax Period End | 2016-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 742804712 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOWLAND STREALY MORALES & COMPANY PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5934 SOUTH STAPLES SUITE 201 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78413 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 741116595 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ED RACHAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDRA | BusinessNameControlTxt |
| Phone | 3618819040 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N CARANCAHUA SUITE 700 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL D ALTHEIDE | PersonNm |
| Person Title | CEO / SEC | PersonTitleTxt |
| Phone | 3618819040 | PhoneNum |
| Signature | 2017-07-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JERRY D SPENCE | PreparerPersonNm |
| PTIN | P00039963 | PTIN |
| Phone | 3619931000 | PhoneNum |
| Preparation | 2017-07-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $436,692,370 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $6,219,993 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,112,164 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $7,055,253 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $7,055,253 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $3,886,446 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$8,742,670 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $172,226,188 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $48,424,594 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $48,535,709 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $52,957,170 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $61,703,126 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $821,046 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $463,763 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $357,283 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $533,313 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $285,582 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $247,731 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $194,408 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $112,765 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $81,643 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $304,769 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $287,562 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $17,207 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,250 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $597,365 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $554,940 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $42,425 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,475,522 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,959,357 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $532,502 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $514,832 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $168,335 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $73,446 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $94,889 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $53,724 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $31,971 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $21,753 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $5,304 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $2,652 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $2,652 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $6,664,336 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,793,536 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $870,800 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $12,363,124 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,086,656 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,742,633 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $16,995,185 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $16,995,185 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $29,358,309 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,086,656 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $18,737,818 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $23,598,861 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $51,616,470 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $82 | CashBOYAmt |
| Cash EOY | $1,247 | CashEOYAmt |
| Cash EOYFMV | $1,247 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $28,583,226 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $32,187,679 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $32,187,679 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $9,167,262 | AcctRcvblAmt |
| Acct Rcvbl BOY | $14,365,265 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $9,167,262 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $9,167,262 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $842,735 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $573,480 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $573,480 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $70,816,569 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $45,203,731 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $45,203,731 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $9,500,647 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,848,189 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,848,189 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $26,621,619 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $19,689,190 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $19,689,190 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $187,133,917 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $778,021 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $198,196,168 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $186,355,896 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $186,355,896 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $145,382,109 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $174,449,071 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $119,884,400 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $20,969,769 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,210,815 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $15,301,905 | LandBOYAmt |
| Land EOY | $17,758,954 | LandEOYAmt |
| Land EOYFMV | $17,758,954 | LandEOYFMVAmt |
| Other Assets EOY | $22,342 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $22,342 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $509,610,325 | TotalAssetsBOYAmt |
| Total Assets EOY | $491,257,041 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $436,692,370 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $49,865,165 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $57,609,129 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $2,916,667 | DeferredRevenueBOYAmt |
| Total Liabilities BOY | $52,781,832 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $57,609,129 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $456,828,493 | UnrestrictedBOYAmt |
| Unrestricted EOY | $433,647,912 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $456,828,493 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $433,647,912 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $509,610,325 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $491,257,041 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $456,828,493 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $23,598,861 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,453,341 | OtherIncreasesAmt |
| Subtotal | $481,880,695 | SubtotalAmt |
| Other Decreases | $48,232,783 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $433,647,912 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $171,821,659 | $170,866,083 | $955,576 | $955,576 |
| INVESTMENT PROPERTIES | P | $100,000 | $107,191 | -$7,191 | -$7,191 |
| OTHER INVESTMENTS | P | $300,000 | $9,445,917 | -$9,145,917 | -$9,145,917 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$8,197,526 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $14,861,856 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $393,371,193 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.037781 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $17,793,839 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $314,661,763 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.056549 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $10,969,967 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $160,524,811 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.068338 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $6,285,041 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $115,803,872 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.054273 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $4,638,181 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $96,526,303 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.048051 | DistributionYr5Rt |
| Total Distribution | 0.264992 | TotalDistributionRt |
| Average Distribution | 0.052998 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $382,145,085 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $20,252,925 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $516,165 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $20,769,090 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $24,927,061 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $516,165 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $516,165 | SubtotalAmt |
| Tax Based On Investment Income | $516,165 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,055,316 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,055,316 | TotalPaymentsAndCreditsAmt |
| Overpayment | $539,151 | OverpaymentAmt |
| Applied To ES Tax | $539,151 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.EDRACHAL.ORG | WebsiteAddressTxt |
| Individual With Books | PAUL D ALTHEIDE | IndividualWithBooksNm |
| Phone | 3618819040 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N CARANCAHUA SUITE 700 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | Yes (true) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| PAUL D ALTHEIDE | ||||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | CEO / SEC | 52.00 | $440,000 | $30,210 | $0 |
| ROBERT L WALKER | ||||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | VICE CHAIR | 4.00 | $50,000 | $0 | $0 |
| KEN L KELLAR | ||||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | MEMBER | 4.00 | $5,600 | $0 | $0 |
| E RICHARD SCHENDEL | ||||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | TREASURER | 4.00 | $64,400 | $0 | $0 |
| DAVID L HOYER | ||||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | BOARD CHAIRM | 6.00 | $65,600 | $0 | $0 |
| KEN W TRAWICK | ||||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | MEMBER | 4.00 | $66,579 | $0 | $0 |
| JOHN J JOHNSON | ||||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | ASST TREASUR | 4.00 | $67,200 | $0 | $0 |
| MYRA MORRIS | ||||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | COO | 40.00 | $61,667 | $3,187 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| PETE CAVAZOS | |||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | DIR OF FACIL | 40.00 | $119,792 | $32,816 |
| PEGGY SIDLER | |||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | COMPTROLLER | 40.00 | $98,958 | $14,478 |
| ADELINE DENVIR | |||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78404 | GRANT ADMINI | 32.00 | $67,708 | $28,429 |
| FRED SILVA | |||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78401 | DIR. OF EXEM | 40.00 | $83,333 | $310 |
| BETTIE BILLINGS | |||||||
| 555 N CARANCAHUA ST SUITE 700 | CORPUS CHRISTI | TX | 78404 | ASST TO COMP | 40.00 | $61,250 | $14,478 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 1 | OtherEmployeePaidOver50kCnt |
| Contractor Paid Over50k | 15 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | EXPENSES INCURRED IN DEVELOPING A RETREAT CENTER FOR QUALIFYING CIVIC COMMUNITY AND NOT-FOR-PROFIT ORGANIZATIONS. USED FOR APPROXIMATELY 6,800 PEOPLE DAYS. | Description1Txt |
| Expenses1 | $1,742,633 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $90,646,019 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $27,912,877 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $269,405,657 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $387,964,553 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $387,964,553 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,819,468 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $382,145,085 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $19,107,254 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $19,107,254 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $516,165 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $516,165 | TotalTaxAmt |
| Distributable Before Adj | $18,591,089 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $18,591,089 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $18,591,089 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $18,737,818 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $6,189,243 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $24,927,061 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $516,165 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $24,410,896 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $18,591,089 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $1,921,331 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $4,667,095 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $6,588,426 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $24,927,061 | QualifyingDistributionsAmt |
| Applied To Current Year | $18,591,089 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $6,335,972 | RemainingDistriFromCorpusAmt |
| Total Corpus | $12,924,398 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $12,924,398 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $1,921,331 | ExcessFromYear3Amt |
| Excess From Year2 | $4,667,095 | ExcessFromYear2Amt |
| Excess From Current Year | $6,335,972 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PAUL D ALTHEIDE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N CARANCAHUA SUITE 700 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3618819040 | RecipientPhoneNum |
| Form And Info And Materials | SEE FOUNDATION'S WEBSITE, WWW.EDRACHAL.ORG, FOR GUIDELINES AND APPLICATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NO SUBMISSION DEADLINES. | SubmissionDeadlinesTxt |
| Restrictions On Awards | LIMITED GEOGRAPHICALLY TO THE STATE OF TEXAS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE STATEMENT 26 | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N CARANCAHUA ST | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | CHARITABLE | GrantOrContributionPurposeTxt |
| Amt | $16,995,185 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $16,995,185 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,219,993 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $7,055,253 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $48,523,720 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$547,810 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 1 | ExclusionCd |
| Exclusion | -$8,194,866 | ExclusionAmt |
| Related Or Exempt Function Incm | $6 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| MISCELLANEOUS INCOME | 1 | $2,920 | ||
| EASEMENTS & ROW | 1 | $9,069 | ||
| SREG - PASSIVE LOSS CO | 525990 | -$115,480 | ||
| BAYFRONT MARINA INVESTMENTS | 525990 | $4,365 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$658,925 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $53,616,089 | ExclusionAmt |
| Related Or Exempt Function Incm | $6 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $52,957,170 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail (4 entries)
| Business Name Line2OrganizationBusinessName/BusinessNameLine2Txt | Organization TypeOrganizationTypeDesc | Relationship DescriptionRelationshipDescriptionTxt |
|---|---|---|
| ERF REAL ESTATE INC | ||
| EIN 20-2661759 | 501(C)(2) | SEE GENERAL FOOTNOTE |
| ERF PORT ARANSAS INC | ||
| EIN 46-4468454 | 501(C)(2) | SEE GENERAL FOOTNOTE |
| ERF FLIGHT SERVICES | ||
| 501(C)(3) | SEE GENERAL FOOTNOTE | |
| ERF TOWER II | ||
| EIN 47-4191656 | 501(C)(2) | SEE GENERAL FOOTNOTE |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $12,500 | Amt |
| Net Investment Income | $6,250 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,250 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year Depreciation | $144,910 | PriorYearDepreciationAmt |
| Current Year Expense | $532,502 | CurrentYearExpenseAmt |
| Net Investment Income | $514,832 | NetInvestmentIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | FURNITURE & FIXTURES | AssetDesc |
| How Acquired | PURCHASE | HowAcquiredTxt |
| Gross Sales Price | $4,523 | GrossSalesPriceAmt |
| Basis | $1,857 | BasisAmt |
| Total Net | $2,666 | TotalNetAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS - SEE STATEMENT 24 | BondNm |
| EOY Book Value | $19,689,190 | EOYBookValueAmt |
| EOYFMV | $19,689,190 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK - SEE STATEMENT 23 | StockNm |
| EOY Book Value | $5,848,189 | EOYBookValueAmt |
| EOYFMV | $5,848,189 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $45,203,731 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $45,203,731 | USGovtObligationsEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|
| LAND | $82,448,046 | $82,448,046 | $84,119,851 | |
| LAND IMPROVEMENTS | $34,869 | $20,649 | $14,220 | |
| BLDGS & LEASEHOLD IMPROVEMENTS | $21,533,538 | $20,870,361 | $21,484,130 | $663,177 |
| FURNITURE & EQUIPMENT | $214,709 | $127,570 | $112,000 | $87,139 |
| EQUIPMENT & TOOLS | $29,724 | $26,943 | $24,000 | $2,781 |
| EASEMENTS | $1 | $1 | ||
| SOFTWARE | $5,898 | $3,421 | $1,500 | $2,477 |
| LEASEHOLD COSTS | $455,000 | $447,827 | $455,000 | $7,173 |
| MOBILE HOME COMPLEX | $86,976 | $85,922 | $86,976 | $1,054 |
| UNREALIZED APPRECIATION ON ASSETS | $2,252,717 | $2,252,717 | ||
| MINERAL INTERESTS | $80,072,439 | $80,072,439 | $80,072,439 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BAYFRONT MARINA PARTNERSHIP | FMV | ||
| CITY OF CORPUS CHRISTI BONDS | FMV | $2,460,000 | $2,460,000 |
| LOAN COMMITMENTS | FMV | $54,564,671 | |
| NOTES RECEIVABLE | FMV | $110,681,400 | $110,681,400 |
| REVOLVING CREDIT NOTES | FMV | $6,593,000 | $6,593,000 |
| STANDARD RENEWABLE ENERGY | FMV | $150,000 | $150,000 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| BLDGS & LEASEHOLD IMPROVEMENTS | $2,975,127 | $174,259 | $2,800,868 | $2,332,968 |
| EQUIPMENT & TOOLS | $824,465 | $824,465 | $490,954 | |
| FURNITURE & EQUIPMENT | $48,381 | $10,776 | $37,605 | $34,000 |
| LAND IMPROVEMENTS | $3,230,984 | $37,704 | $3,193,280 | $763,573 |
| MOBILE HOME COMPLEX | $349,130 | $349,130 | $237,690 | |
| PILATUS | $7,728,004 | $2,988,076 | $4,739,928 | $6,030,000 |
| SOFTWARE | $4,195 | $4,195 | $500 | |
| UNREALIZED APPRECIATION ON ASSETS | ||||
| VEHICLES | $67,229 | $67,229 | $60,000 | |
| LAND | $5,742,254 | $5,742,254 | $7,809,269 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT & TAX COMPLIANCE | $267,478 | $267,478 | |
| EXEMPT PURPOSE | $17,207 | $17,207 | |
| RENT INCOME | $20,084 | $20,084 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITALIZED COMMISSIONS | Desc |
| EOY Book Value | $22,342 | EOYBookValueAmt |
| EOYFMV | $22,342 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED LOSS ON MINERAL INTERESTS | $46,300,000 |
| UNREALIZED DEPRECIATION ON REAL ESTATE & ASSETS | $1,932,783 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (21 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| PILATUS AIRPLANE EXPENSE | $56,678 | $49,365 | $7,313 |
| BOARD EXPENSE | $15,162 | $10,109 | $5,053 |
| ROTC COSTS | $40,451 | $40,451 | |
| EXEMPT PURPOSE EXPENSES | $37,668 | $37,668 | |
| CONTRACT LABOR | $852,557 | $307,826 | $544,731 |
| FUEL & OIL | $13,792 | $337 | $13,455 |
| INSURANCE | $88,680 | $67,900 | $20,780 |
| MACHINE HIRE | $17,469 | $9,277 | $8,192 |
| MISCELLANEOUS | $6,693 | $6,668 | $25 |
| OFFICE EXPENSE | $48,128 | $23,145 | $24,983 |
| RANCH SUPPLIES | $84,662 | $9,233 | $75,429 |
| REPAIRS & MAINTENANCE | $48,480 | $1,206 | $47,274 |
| SEMINARS, DUES & FEES | $53,925 | $20,388 | $33,537 |
| TRAINING | $8,867 | $8,867 | |
| ACCRUED VACATION & SICK LEAVE | $45,809 | $42,767 | $3,042 |
| ACCRUED INTEREST WRITEOFF | $3,186,567 | $3,186,567 | |
| RENT INCOME - INSURANCE | $287,153 | $287,153 | |
| RENT INCOME - BAD DEBT EXPENS | $22,957 | $22,957 | |
| RENTAL EXPENSES | $1,725,831 | $1,725,831 | |
| FARM RENT - INSURANCE | $22,807 | $22,807 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ROYALTIES - GALVAN RANCH | $48,499,742 | $48,499,742 |
| ROYALTIES - EL DESCONSO | $13,307 | $13,307 |
| LEASE BONUS & SURFACE DAMAGE | $10,671 | $10,671 |
| MISCELLANEOUS INCOME | $2,920 | $2,920 |
| EASEMENTS & ROW | $9,069 | $9,069 |
| SREG - PASSIVE LOSS CO | -$115,480 | |
| BAYFRONT MARINA INVESTMENTS | $4,365 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PRIOR YR PARTNERSHIP LOSSES | $111,531 |
| UNREALIZED GAIN ON INVESTMENTS | $1,341,810 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING | $457,759 | $457,759 | |
| CONSULTING - EXEMPT PURPOSE | $42,425 | $42,425 | |
| INVESTMENT CHARGES & FEES | $78,151 | $78,151 | |
| FARM RENTAL INCOME | $19,030 | $19,030 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $1,361 | $1,361 |
| EXCISE TAXES | $516,165 | |
| AD VALOREM TAXES | $1,242,497 | $1,242,497 |
| RENT INCOME | $669,969 | $669,969 |
| FARM RENTAL INCOME | $45,530 | $45,530 |
Comments