Overview
What is Erf Real Estate Group?
Erf Real Estate Group is a nonprofit organization primarily focused on managing real estate titles for ERF Real Estate Inc., a central entity with the EIN number 20-2661759. Their financial activities, assets, and liabilities are reported in a consolidated manner with the Ed Rachal Foundation. This structure allows for an efficient and organized approach to real estate holdings, ensuring all financial transactions are accurately accounted for. The group's main mission is centered around the management of real estate titles, providing a critical service in property transactions.
Official website here: www.edrachal.org
Is Erf Real Estate Group legitimate?
Erf Real Estate Group is a legitimate nonprofit organization registered as a 501(c)(2) entity. Erf Real Estate Group submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.edrachal.org
What is the mission statement of Erf Real Estate Group?
The Erf Real Estate Group was formed with the primary purpose of holding title to real estate for ERF Real Estate Inc., serving as a subsidiary organization. All of its financial activities, assets, and liabilities are also reported in a consolidated manner on the ED Rachal Foundation 990 PF return. While the provided information does not explicitly state a mission statement, it suggests that the group's role is primarily focused on real estate management and financial reporting, acting as a supporting entity for ERF Real Estate Inc. without providing any specific details about its mission or objectives. Consequently, it remains unclear what the Erf Real Estate Group aims to achieve beyond its primary function.
Official website here: www.edrachal.org
Who is the CEO of Erf Real Estate Group?
Paul Altheide is the President of Erf Real Estate Group.
Official website here: www.edrachal.org
What is the revenue of Erf Real Estate Group?
Erf Real Estate Group's revenue in 2022 was $0.
Official website here: www.edrachal.org
Who are the executives of Erf Real Estate Group and what are their salaries?
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $593,615
- Other: $21,065
- Compensation: $0
- Related: $329,887
- Other: $13,718
- Compensation: $0
- Related: $187,548
- Other: $30,652
- Compensation: $0
- Related: $141,990
- Other: $30,583
- Compensation: $0
- Related: $154,769
- Other: $900
- Compensation: $0
- Related: $117,880
- Other: $30,364
- Compensation: $0
- Related: $122,774
- Other: $23,143
- Compensation: $0
- Related: $64,000
- Other: $0
- Compensation: $0
- Related: $64,000
- Other: $0
- Compensation: $0
- Related: $64,000
- Other: $0
- Compensation: $0
- Related: $14,000
- Other: $0
- Compensation: $0
- Related: $14,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.edrachal.org
Where can I find the form 990 for Erf Real Estate Group?
Erf Real Estate Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edrachal.org
Learn more at the official website: www.edrachal.org
Mission Statement of Erf Real Estate Group
Erf Real Estate Group serves a unique purpose, primarily focused on holding title to real estate on behalf of ERF Real Estate Inc., its central organization. The subordinate organizations under Erf Real Estate Group play a crucial role in consolidating financial activities, assets, and liabilities, ensuring they are also reported on a consolidated basis on the ED Rachal Foundation's 990 PF return. This intricate financial arrangement allows for a seamless flow of information and resources between the organizations. The primary mission of Erf Real Estate Group is to act as a title-holding entity for ERF Real Estate Inc., thereby contributing to the overall financial reporting process.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Erf Real Estate Group plays a significant role in community improvement by managing and holding title to various real estate assets in Corpus Christi, Texas. This organization contributes to the local economy and enhances the quality of life in the area through its focused efforts in real estate management. By consolidating financial activities and assets, Erf Real Estate Group strategically supports initiatives aimed at enhancing community resources and infrastructures.
The group's commitment to real estate development not only fosters economic growth but also ensures that properties are effectively utilized for the benefit of the community. Through these efforts, Erf Real Estate Group is positioned as a key player in shaping the future landscape of Corpus Christi, promoting sustainable development, and bolstering community resilience.
This information is meant to be a general summary of Erf Real Estate Group. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$36,522
- Program Service Revenue: $146,253
- Gross Receipts: $10,056,629
Assets and Liabilities:
- Total Assets: $95,727,143
- Total Liabilities: $1,858,826
- Net Assets: $93,868,317
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFILIATE RENTS RECEIVED
Revenue
$146,253
Organization Details
Founding Year
2020
Phone
(361) 881-9040Principal Officer
Paul Altheide
Main Address
555 N CARANCAHUA STE 700, CORPUS CHRISTI, TX, 78401
Website
www.edrachal.orgNTEE Category
Code: S47 - Community improvement
If you are a representative of Erf Real Estate Group and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.