Nonprofit · EIN 20-2661759
ERF REAL ESTATE INC
Exemption revoked · CORP CHRISTI, TX 78401
The IRS revoked this organization's tax-exempt status on January 15, 2016
Automatic revocation follows three consecutive years without a required annual return. The organization must apply for reinstatement (Form 1023, 1023-EZ or 1024) to be tax-exempt again; filing a late 990-N does not restore it.
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $0 | $0 | $0 | $142,030,571 | $1,255,376 | $140,775,195 |
| August 31, 2024 | 990 | $0 | $0 | $0 | $128,925,041 | $1,299,299 | $127,625,742 |
| August 31, 2023 | 990 | $0 | $0 | $0 | $111,022,063 | $913,279 | $110,108,784 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $417,793
- Net rental income
- $182,077
- Net gain from sales of assets
- $381,893
- Other revenue
- -$417,793
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $128,925,041
- Total assets, end of year
- $142,030,571
- Total liabilities, end of year
- $1,255,376
- Net assets, end of year
- $140,775,195
- Land, buildings and equipment
- $141,141,460
- Net assets without donor restrictions
- $140,775,195
- Gross receipts
- $4,959,377
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2005
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAUL ALTHEIDE | PRESIDENT Trustee or director, Officer | 2 | $0 | $675,000 | $22,022 |
| MYRA K MORRIS | CHIEF LEGAL COUNSEL Key employee | 2 | $0 | $377,423 | $15,485 |
| MICHAEL HILL | COMPTROLLER Highest-paid employee | 1 | $0 | $235,269 | $34,410 |
| TAYLOR HUNT | SR. PROJECT MANAGER Highest-paid employee | 1 | $0 | $166,269 | $34,201 |
| BETTIE BILLINGS | ASST. COMPTROLLER Highest-paid employee | 1 | $0 | $151,731 | $34,125 |
| FRANCISCO CAVAZOS | PROJECT SUPERVISOR Highest-paid employee | 1 | $0 | $110,075 | $33,932 |
| JOHN J JOHNSON | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $66,800 | $0 |
| KENNETH W TRAWICK | BOARD VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $66,800 | $0 |
| DAVID L HOYER | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $66,800 | $0 |
| DAVID J MORALES | ADVISORY DIRECTOR Trustee or director | 1 | $0 | $64,000 | $0 |
| JOSHUA T GAINES | ADVISORY DIRECTOR Trustee or director | 1 | $0 | $64,000 | $0 |
| KENNETH L KELLAR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAUL ALTHEIDE | PRESIDENT Trustee or director, Officer | 2 | $0 | $693,615 | $13,815 |
| MYRA K MORRIS | CHIEF LEGAL COUNSEL Key employee | 2 | $0 | $379,462 | $12,774 |
| MICHAEL HILL | COMPTROLLER Highest-paid employee | 1 | $0 | $227,923 | $30,339 |
| TAYLOR HUNT | SR. PROJECT MANAGER Highest-paid employee | 1 | $0 | $166,865 | $30,229 |
| BETTIE BILLINGS | ASST. COMPTROLLER Highest-paid employee | 1 | $0 | $146,341 | $30,145 |
| FRANCISCO CAVAZOS | PROJECT SUPERVISOR Highest-paid employee | 1 | $0 | $101,206 | $30,036 |
| JOHN J JOHNSON | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $64,000 | $0 |
| DAVID J MORALES | DIRECTOR Trustee or director | 1 | $0 | $64,000 | $0 |
| JOSHUA T GAINES | DIRECTOR Trustee or director | 1 | $0 | $64,000 | $0 |
| KENNETH W TRAWICK | BOARD VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $60,800 | $0 |
| DAVID L HOYER | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $60,800 | $0 |
| KENNETH L KELLAR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAUL ALTHEIDE | PRESIDENT Trustee or director, Officer | 2 | $0 | $623,499 | $13,086 |
| MYRA K MORRIS | CHIEF LEGAL COUNSEL Key employee | 2 | $0 | $350,079 | $13,217 |
| MICHAEL HILL | COMPTROLLER Highest-paid employee | 1 | $0 | $203,308 | $32,261 |
| JOHN CREEDON | COST ANALYST Highest-paid employee | 1 | $0 | $173,114 | $22,596 |
| DAVID ROBERTS | SENIOR ACHITECT Highest-paid employee | 1 | $0 | $193,395 | $900 |
| TAYLOR HUNT | SR. PROJECT MANAGER Highest-paid employee | 1 | $0 | $151,295 | $32,180 |
| BETTIE BILLINGS | ASST. COMPTROLLER Highest-paid employee | 1 | $0 | $128,272 | $31,921 |
| JOHN J JOHNSON | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $66,800 | $0 |
| DAVID J MORALES | DIRECTOR Trustee or director | 1 | $0 | $66,800 | $0 |
| KENNETH W TRAWICK | BOARD VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $65,200 | $0 |
| JOSHUA T GAINES | DIRECTOR Trustee or director | 1 | $0 | $64,000 | $0 |
| DAVID L HOYER | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $62,400 | $0 |
| KENNETH L KELLAR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 555 N CARANCAHUA ST STE 700, CORP CHRISTI, TX 78401-0861
- Principal officer (990 for 2024)
- PAUL ALTHEIDE, 555 N CARANCAHUA ST SUITE 700, CORPUS CHRISTI, TX 78401
- Signed the 990
- PAUL ALTHEIDE, PRESIDENT
- Phone
- (361) 881-9040
- Website
- WWW.EDRACHAL.ORG
- Return prepared by
- COLLIER JOHNSON & WOODS PC
Mission
SEE SCHEDULE O
Program accomplishments
- 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: **-***6595), A SECTION 501(C)(3) PRIVATE FOUNDATION.
IRS record
- EIN
- 20-2661759
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2020
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Group exemption
- 6431 (11 member organizations)
- Assets (IRS master file)
- $142,030,571
- Income (IRS master file)
- $4,959,377
Revocation and reinstatement
- Exemption revoked
- January 15, 2016
- Posted by the IRS
- April 11, 2016
- Reinstated
- No reinstatement on the IRS list
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $0 | $0 | $142,030,571 | XML |
| 990 | August 2024 | $0 | $0 | $128,925,041 | XML |
| 990 | August 2023 | $0 | $0 | $111,022,063 | XML |
| 990 | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2661759).
Questions about ERF REAL ESTATE INC
- What is the EIN of ERF REAL ESTATE INC?
- The employer identification number (EIN) of ERF REAL ESTATE INC is 20-2661759.
- Is ERF REAL ESTATE INC tax-exempt?
- No. The IRS automatically revoked its tax-exempt status on January 15, 2016, and the IRS list shows no reinstatement.
- Are donations to ERF REAL ESTATE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- When did ERF REAL ESTATE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of ERF REAL ESTATE INC?
- The 990 for the year ended August 31, 2025 names PAUL ALTHEIDE.
- Who are the officers and directors of ERF REAL ESTATE INC?
- The 990 for the year ended August 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does ERF REAL ESTATE INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $0, expenses of $0 and total assets of $142,030,571 at year end.
Organizations in its group exemption (11)
- ERF REAL ESTATE INC EIN 46-4468454 · CORP CHRISTI, TX · last filed 990 for 2019
- ERF REAL ESTATE INC EIN 83-0802751 · CORP CHRISTI, TX
- ERF REAL ESTATE GROUP EIN 85-3157981 · CORP CHRISTI, TX · last filed 990 for 2025
- ERF REAL ESTATE INC EIN 47-4191656 · CORP CHRISTI, TX · last filed 990 for 2019
Other nonprofits in CORP CHRISTI
- UNITED CORPUS CHRISTI CHAMBER OF COMMERCE EIN 81-3423895 · last filed 990 for 2024
- ERF REAL ESTATE INC EIN 46-4468454 · last filed 990 for 2019
- ERF REAL ESTATE INC EIN 83-0802751
- HILLCREST RESIDENTS ASSOCIATION EIN 72-1596851 · last filed 990-EZ for 2024
- CORPUS CHRISTI BLACK CHAMBER OF COMMERCE EIN 74-2704484 · last filed 990-EZ for 2024
- CORPUS CHRISTI CHAPTER OF THE AMERICA PETROLEUM INSTITUTE EIN 74-2412196 · last filed 990 for 2025
- ASOCIACION CIVIL SAGRADA FAMILIA EIN 47-2334261 · last filed 990-EZ for 2024
- CORPUS CHRISTI ASSN OF REALTORS WALK WITH PRIDE FOUNDATION EIN 20-3723528 · last filed 990-EZ for 2024
All nonprofits in CORP CHRISTI · Texas · Community improvement and capacity building