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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Erf Port Aransas Inc.

Erf Port Aransas Inc.

Fiscal year ending 2019. Filed on January 14, 2020.

555 N Carancahua St Suite 700
Corpus Christi, Texas 78401

Erf Port Aransas Inc. (EIN: 46-4468454) has filed an IRS Form 990 from fiscal year 2016–2019. In its fiscal year 2019 IRS Form 990 filing, Erf Port Aransas Inc., a 501(c)(2) title-holding organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $281,470. The highest compensated employee at Erf Port Aransas Inc. is Paul D Altheide with fiscal year 2019 compensation of $489,391.

Revenue, expenses, and employee compensation

Revenue

$2,950,067

Expenses

$2,950,067

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Paul D Altheide
President
$489,391
$0 $472,692 $16,699
Myra K Morris
Chief Legal Officer
$318,543
$0 $297,830 $20,713
John P Jordan
Vice President
$192,940
$0 $187,596 $5,344
Kim Tyndall
Comptroller
$125,006
$0 $101,300 $23,706

Benchmark Employee Compensation

Non-Employee Board Members

E Richard Schendel
Assistant Treasurer
$64,400
$0 $64,400 No other comp
David L Hoyer
Board Chair
$63,800
$0 $63,800 No other comp
John J Johnson
Secretary and Treasurer
$62,200
$0 $62,200 No other comp
Kenneth W Trawick
Board Vice Chair
$61,950
$0 $61,950 No other comp
Kenneth L Kellar
Director
No compensation reported

Mission Statement

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

Revisions to this organization profile

January 14, 2020:
2019 Erf Port Aransas Inc. 990 filed
March 18, 2019:
2018 Erf Port Aransas Inc. 990 filed
March 9, 2018:
2017 Erf Port Aransas Inc. 990 filed

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