2024-03-27T14:17:58-05:00 2023-08-31 742520265 COLLIER JOHNSON & WOODS PC 555 N CARANCAHUA SUITE 1000 CORPUS CHRISTI TX 784010839 990 2022-09-01 202661759 ERF REAL ESTATE INC ERFR 3618819040 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 784010899 PAUL ALTHEIDE PRESIDENT 3618819040 2024-03-26 1 PAUL ALTHEIDE 999009999 0 ROBERT TROY COOK P00822030 3618849347 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAUL ALTHEIDE 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 7988695 0 X WWW.EDRACHAL.ORG X 2005 TX SEE SCHEDULE O 7 0 0 0 0 0 0 0 0 0 854782 -582420 -572549 582420 282233 0 0 0 0 0 0 0 0 0 0 282233 0 282233 0 0 0 107095303 111022063 1039675 913279 106055628 110108784 X SEE SCHEDULE O 0 0 THE ORGANIZATION IS ORGANIZED AND OPERATED 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), A SECTION 501(C)(3) PRIVATE FOUNDATION. 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 1 1 0 1 14 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 SUITE 700 CORPUS CHRISTI TX 78401 PAUL ALTHEIDE PRESIDENT 2.00 48.00 X X 0 623499 13086 JOHN J JOHNSON SECRETARY/TREASURER 1.00 4.00 X X 0 66800 0 KENNETH W TRAWICK BOARD VICE CHAIRMAN 1.00 4.00 X X 0 65200 0 DAVID L HOYER BOARD CHAIRMAN 1.00 5.00 X X 0 62400 0 DAVID J MORALES DIRECTOR 1.00 4.00 X 0 66800 0 JOSHUA T GAINES DIRECTOR 1.00 4.00 X 0 64000 0 KENNETH L KELLAR DIRECTOR 1.00 4.00 X 0 0 0 MYRA K 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 ACHITECT 1.00 39.00 X 0 193395 900 JOHN CREEDON COST ANALYST 1.00 39.00 X 0 173114 22596 TAYLOR HUNT SR. PROJECT MANAGER 1.00 39.00 X 0 151295 32180 BETTIE BILLINGS ASST. COMPTROLLER 1.00 39.00 X 0 128272 31921 0 2148162 146161 0 0 1 0 FIRETROL PROTECTION SYSTEMS INC 4410 DILLON LANE SUITE 38 CORPUS CHRISTI TX 78415 FIRE ALARM SERV 187441 1 9864 9864 2793307 2871531 -78224 -78224 -78224 4524880 5117164 -592284 -592284 -592284 TRANSFER OF NET INCOME TO ERF 640064 640064 MISCELLANEOUS INCOME 20580 20580 660644 0 -592284 0 592284 0 0 0 0 114679 56001 361826 136318 413298 429253 113894633 3494142 105686451 110400491 519049 107095303 111022063 678796 779308 360879 133971 1039675 913279 X 106055628 110108784 106055628 110108784 107095303 111022063 X 0 4053156 X X 0 0 0 56979650 20008963 76988613 12764115 21252130 2160060 31856185 263028 22247 240781 2626747 1311835 1314912 110400491 OTHER CURRENT LIABILITIES 133971 133971 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 K 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 ACHITECT 0 193395 0 0 0 0 0 0 0 900 0 194295 0 0 TAYLOR HUNT SR. PROJECT MANAGER 0 151295 0 0 0 0 0 0 0 32180 0 183475 0 0 BETTIE BILLINGS ASST. COMPTROLLER 0 128272 0 0 0 0 0 0 0 31921 0 160193 0 0 PART 1, 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 THIS ORGANIZATION IS 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), A SECTION 501(C)(3) PRIVATE FOUNDATION. AS EXPLAINED BELOW, THE ED RACHAL FOUNDATION PREVIOUSLY RESTRUCTURED ITS RELATIONSHIPS TO ITS TITLE HOLDING COMPANIES; CONSEQUENTLY, CERTAIN ORGANIZATIONS THAT WERE TITLE HOLDING COMPANIES OF THE ED RACHAL FOUNDATION ARE NOW TITLE HOLDING COMPANIES OF ERF REAL ESTATE, INC. ERF REAL ESTATE, INC. REMAINS ORGANIZED AND OPERATED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO THE ED RACHAL FOUNDATION AT LEAST ANNUALLY. 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 DICUSSED. 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 LEAST ANNUALLY, AND AT LEAST ANNUALLY REPORT ANY ONGOING POTENTIAL CONFLICTS. EACH DIRECTOR IS ALSO REQUIRED TO INFORM THE BOARD OF A POTENTIAL CONFLICT 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 AS AVAILABLE BY 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: CAPITAL CONTRIBUTIONS 6,544,522. UNREALIZED GAIN/(LOSS) ON FIXED ASSETS -3,783,488. INCOME TRANSFERRED TO ERF -640,064. OTHER QUALIFYING DISTRIBUTION 1,932,186. THE ED RACHAL FOUNDATION 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 741116595 PRIV FDN TX 501(C)(3) PF N/A 0 ERF TOWER II INC 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 474191656 TITLE HOLD TX 501(C)(2) ERF REAL E 1 ERF PORT ARANSAS INC 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 464468454 TITLE HOLD TX 501(C)(2) ERF REAL E 1 802 NC INC 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 830802751 TITLE HOLD TX 501(C)(2) ERF REAL E 1 ERF WEST SIDE 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 851914948 TITLE HOLD TX 501(C)(2) ERF REAL E 1 ERF LAMAR INC 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 851494970 TITLE HOLD TX 501(C)(2) ERF REAL E 1 ERF PALACIOS INC 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 863879335 TITLE HOLD TX 501(C)(2) ERF REAL E 1 ERF VAL VERDE INC 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 881331102 TITLE HOLD TX 501(C)(2) ERF REAL E 1 ERF BUFFALO INC 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 923286012 TITLE HOLD TX 501(C)(2) ERF REAL E 1 ERF LEOPARD INC 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 921878901 TITLE HOLD TX 501(C)(2) ERF REAL E 1 ERF INGLESIDE INC 555 N CARANCAHUA ST SUITE 700 CORPUS CHRISTI TX 78401 920512114 TITLE HOLD TX 501(C)(2) ERF REAL E 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 802 NC INC B 4117 ACTUAL FUNDING ERF WEST SIDE INC B 98970 ACTUAL FUNDING ERF PORT ARANSAS B 16455 ACTUAL FUNDING ERF PALACIOS INC B 91368 ACTUAL FUNDING ERF LEOPARD INC B 387820 ACTUAL FUNDING TOWER II INC C 4179 ACTUAL FUNDING SCHEDULE R - ADDITIONAL INFORMATION ERF REAL ESTATE, INC., EIN , 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).