Erf Tower Ii Inc.
Fiscal year ending 2019. Filed on January 14, 2020.
555 N Carancahua St Suite 700
Corpus Christi, Texas 78401
Erf Tower Ii Inc. (EIN: 47-4191656) has filed an IRS Form 990 from fiscal year 2016–2019. In its fiscal year 2019 IRS Form 990 filing, Erf Tower Ii 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 Tower Ii Inc. is Paul D Altheide with fiscal year 2019 compensation of $489,391.
Revenue, expenses, and employee compensation
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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 TOWER II, 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 FILING
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