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Erf Real Estate Inc

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Category: Community Improvement, Capacity Building / Real Estate Organizations (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$0 (2023)

Expenses
$0 (2023)

Total Assets
$111M (2023)

Total Liabilities
$913k (2023)

Source: Form 990 tax filings from 2013 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Aug.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$110,108,784
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $9,864
Bond Proceeds $0
Royalties $0
Rental Property Income -$78,224
Net Fundraising $0
Sales of Assets -$592,284
Net Inventory Sales $0
Other Revenue $660,644
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $111,022,063
Total Liabilities $913,279
Net Assets $110,108,784
Compensation
Key Employees and Officers Compensation Related Other
Paul Altheide (President) $0 $623,499 $13,086
John J Johnson (Secretary/Treasurer) $0 $66,800 $0
Kenneth W Trawick (Board Vice Chairman) $0 $65,200 $0
David L Hoyer (Board Chairman) $0 $62,400 $0
David J Morales (Director) $0 $66,800 $0
Joshua T Gaines (Director) $0 $64,000 $0
Kenneth L Kellar (Director) $0 $0 $0
Myra K Morris (Chief Legal Counsel) $0 $350,079 $13,217
Michael Hill (Comptroller) $0 $203,308 $32,261
David Roberts (Senior Achitect) $0 $193,395 $900
John Creedon (Cost Analyst) $0 $173,114 $22,596
Taylor Hunt (Sr. Project Manager) $0 $151,295 $32,180
Bettie Billings (Asst. Comptroller) $0 $128,272 $31,921

Document Links

Fiscal Year Ending Aug.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$282,233
Expenses
$282,233
Net Income
$0
Net Assets
$106,055,628
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $79,010
28.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$572,549
Net Fundraising $0
Sales of Assets $775,772
> 100%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $107,095,303
Total Liabilities $1,039,675
Net Assets $106,055,628
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Paul Altheide (President) $0 $593,615 $21,065
Myra K Morris (Chief Legal) $0 $329,887 $13,718
Michael Hill (Comptroller) $0 $187,548 $30,652
Taylor Hunt (Sr. Project) $0 $141,990 $30,583
David Roberts (Senior Archi) $0 $154,769 $900
Bettie Billings (Asst. Comptr) $0 $117,880 $30,364
John Creedon (Cost Analyst) $0 $122,774 $23,143
David L Hoyer (Board Chairm) $0 $64,000 $0
John J Johnson (Secretary/Tr) $0 $64,000 $0
Kenneth W Trawick (Board Vice C) $0 $64,000 $0
Joshua T Gaines (Director) $0 $14,000 $0
David J Morales (Director) $0 $14,000 $0
Kenneth L Kellar (Director) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,193
Expenses
$13,193
Net Income
$0
Net Assets
$90,211,692
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $9,593
72.7%
Bond Proceeds $0
Royalties $0
Rental Property Income -$46,448
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $50,048
> 100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $91,142,527
Total Liabilities $930,835
Net Assets $90,211,692
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Paul Altheide (President) $0 $440,000 $14,848
Myra K Morris (Chief Legal) $0 $307,673 $21,389
John P Jordan (Vice Preside) $0 $230,479 $6,735
Michael Hill (Comptroller) $0 $171,808 $31,431
Taylor Hunt (Sr. Project) $0 $134,808 $31,356
Bettie Billings (Asst. Comptr) $0 $108,366 $31,118
David Roberts (Senior Archi) $0 $114,668 $10,534
John Creedon (Cost Analyst) $0 $119,423 $683
Kenneth W Trawick (Board Vice C) $0 $64,803 $0
David L Hoyer (Board Chairm) $0 $64,000 $0
John J Johnson (Secretary/Tr) $0 $64,000 $0
Joshua T Gaines (Advisory Dir) $0 $5,600 $0
David J Morales (Advisory Dir) $0 $5,600 $0
Kenneth L Kellar (Director) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$162,821
Expenses
$162,821
Net Income
$0
Net Assets
$77,090,989
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $14,397
8.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $124,374
76.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $24,050
14.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $78,220,373
Total Liabilities $1,129,384
Net Assets $77,090,989
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Paul Altheide (President) $0 $504,969 $14,059
Myra K Morris (Chief Legal) $0 $305,769 $18,122
John P Jordan (Vice Preside) $0 $193,173 $1,083
Michael Hill (Comptroller) $0 $158,558 $28,917
Taylor Hunt (Sr. Project) $0 $130,689 $28,845
David Tupaj (Property Ass) $0 $102,280 $28,695
David L Hoyer (Board Chairm) $0 $72,400 $0
E Richard Schendel (Asst. Treasu) $0 $59,600 $0
John J Johnson (Secretary/Tr) $0 $72,400 $0
Kenneth W Trawick (Board Vice C) $0 $74,486 $0
Kenneth L Kellar (Director) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$198,007
Expenses
$198,007
Net Income
$0
Net Assets
$72,065,009
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $48,447
24.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $149,560
75.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $72,479,821
Total Liabilities $414,812
Net Assets $72,065,009
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Paul Altheide (President) $0 $472,692 $16,699
Myra K Morris (Chief Legal) $0 $297,830 $20,713
John P Jordan (Vice Preside) $0 $187,596 $5,344
Kim Tyndall (Comptroller) $0 $101,300 $23,706
E Richard Schendel (Asst. Treasu) $0 $64,400 $0
David L Hoyer (Board Chairm) $0 $63,800 $0
John J Johnson (Secretary/Tr) $0 $62,200 $0
Kenneth W Trawick (Board Vice C) $0 $61,950 $0
Kenneth L Kellar (Director) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$331,429
Expenses
$331,429
Net Income
$0
Net Assets
$56,985,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $28,125
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $303,304
91.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $57,337,873
Total Liabilities $351,935
Net Assets $56,985,938
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
David L Hoyer (President) $0 $58,800 $0
Kenneth W Trawick (Vice Preside) $0 $59,725 $0
E Richard Schendel (Treasurer) $0 $58,800 $0
John J Johnson (Asst Sec / T) $0 $58,800 $0
Paul D Altheide (Ceo / Secret) $0 $462,179 $19,191
Kenneth L Kellar (Member) $0 $0 $0
John P Jordan (Vice Preside) $0 $43,731 $1,705
Myra K Morris (Chief Legal) $0 $279,663 $20,033

Document Links

Fiscal Year Ending Aug.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$453,782
Expenses
$453,782
Net Income
$0
Net Assets
$37,865,647
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $453,782
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $38,412,602
Total Liabilities $546,955
Net Assets $37,865,647
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Paul D Altheide (Ceo / Secret) $0 $440,000 $17,007
Kenneth W Trawick (Vice Preside) $0 $65,888 $0
David L Hoyer (President) $0 $64,400 $0
E Richard Schendel (Treasurer) $0 $64,400 $0
John J Johnson (Asst Sec / T) $0 $64,400 $0
Kenneth L Kellar (Member) $0 $0 $0
Myra K Morris (Chief Legal) $0 $185,834 $9,614
Robert L Walker (Vice Chairma) $0 $42,000 $0

Document Links

Fiscal Year Ending Aug.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$553,135
Expenses
$553,135
Net Income
$0
Net Assets
$39,984,051
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $553,135
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $40,250,110
Total Liabilities $266,059
Net Assets $39,984,051

Document Links

Fiscal Year Ending Aug.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$383,492
Expenses
$383,492
Net Income
$0
Net Assets
$29,352,388
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $383,492
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $29,511,028
Total Liabilities $158,640
Net Assets $29,352,388

Document Links

Fiscal Year Ending Aug.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$311,719
Expenses
$311,719
Net Income
$0
Net Assets
$24,548,445
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $311,719
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $24,677,821
Total Liabilities $129,376
Net Assets $24,548,445

Document Links

Fiscal Year Ending Aug.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$9,759,806
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$102,397
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $102,397
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,800,092
Total Liabilities $40,286
Net Assets $9,759,806

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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