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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 Tower Ii Inc.

Erf Tower Ii Inc.

Fiscal year ending 2016. Filed on July 11, 2017.

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 2016 IRS Form 990 filing, Erf Tower Ii Inc., a 501(c)(2) title-holding organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $272,664. The highest compensated employee at Erf Tower Ii Inc. is Paul D Altheide with fiscal year 2016 compensation of $416,405.

Revenue, expenses, and employee compensation

Revenue

$327,533

Expenses

$327,533

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Paul D Altheide
Chief Executive Officer and Secretary
$416,405
$0 $399,000 $17,405
S Paul Baen
Chief Operating Officer
$128,923
$0 $123,395 $5,528

Benchmark Employee Compensation

Non-Employee Board Members

Kenneth W Trawick
Vice Chair
$66,707
$0 $66,707 No other comp
John J Johnson
Assistant Treasurer
$65,400
$0 $65,400 No other comp
David L Hoyer
Board Chair
$63,800
$0 $63,800 No other comp
E Richard Schendel
Treasurer
$61,600
$0 $61,600 No other comp
Kenneth L Kellar
Member
$23,400
$0 $23,400 No other comp

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

Revisions to this organization profile

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

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