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ERF PORT ARANSAS INC

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Public IRS 990 nonprofit record

ERF PORT ARANSAS INC

EIN 46-4468454 · Real Estate Associations (S47)

What they do

THIS ORGANIZATION WAS ORGANIZED for THE EXCLUSIVE PURPOSE of HOLDING TITLE to REAL ESTATE, COLLECTING INCOME THEREFROM, and TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, to AN ORGANIZATION EXEMPT FROM TAXATION UNDER SECTION 501(A) of THE INTERNAL REVENUE CODE. AT THE TIME of ITS FORMATION, THE ORGANIZATION WAS A TITLE HOLDING COMPANY of THE ED RACHAL FOUNDATION (EIN: 74-1116595), A SECTION 501(C)(3) PRIVATE FOUNDATION. AS EXPLAINED BELOW, THE ED RACHAL FOUNDATION RESTRUCTURED ITS RELATIONSHIPS to ITS TITLE HOLDING COMPANIES DURING THE TAXABLE YEAR; CONSEQUENTLY, THIS ORGANIZATION is NOW A TITLE HOLDING COMPANY of ERF REAL ESTATE, INC. (EIN: 20-2661759), A SECTION 501(C)(2) TITLE HOLDING COMPANY. ERF PORT ARANSAS, 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 ERF REAL ESTATE, INC. ATTACHED ARE TRUE and CORRECT COPIES of THE CERTIFICATES of FIL

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

100.00%of revenue went to mission work100.0% of expenses · Program services
$236.72spent for every $100 of revenueSpending was higher than revenue this year.
$20.72in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,703,844 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $23,706 for KIM TYNDALL (COMPTROLLER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,950,067
Mission workProgram services$2,950,067100.00% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$2,950,067100.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2018CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2015Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

Money in and money out

Revenue$1,246,223
Expenses$2,950,067
Annual shortfall $1,703,844 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,950,067 · 100.0% of expenses
See all reported dollar amounts
Revenue$1,246,223
Expenses$2,950,067
Assets$61,116,586
Income$1,717,686
Mission work (program services)$2,950,067
People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
KIM TYNDALLCOMPTROLLER · 1 hrs/week $23,706Base · Other $23,706
MYRA K MORRISCHIEF LEGAL · 2 hrs/week $20,713Base · Other $20,713
PAUL D ALTHEIDEPRESIDENT · 2 hrs/week $16,699Base · Other $16,699
JOHN P JORDANVICE PRESIDE · 2 hrs/week $5,344Base · Other $5,344

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

KIM TYNDALLCOMPTROLLER

MYRA K MORRISCHIEF LEGAL

PAUL D ALTHEIDEPRESIDENT

JOHN P JORDANVICE PRESIDE

DAVID L HOYERBOARD CHAIRM

E RICHARD SCHENDELASST. TREASU

JOHN J JOHNSONSECRETARY/TR

KENNETH L KELLARDIRECTOR

KENNETH W TRAWICKBOARD VICE C

About this charity

Recognized since
January 2020
Location
555 N CARANCAHUA ST STE 700, CORP CHRISTI, TX 78401-0861
County
Nueces
In care of
PAUL D ALTHEIDE
Primary officer
PAUL D ALTHEIDE, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2018
Tax period began
September 1, 2018
Return type
990
Tax preparer
GOWLAND STREALY MORALES & COMPANY PLLC
NTEE classification
Real Estate Associations (S47)
IRS tax category
Real Estate Associations

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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