2026-03-31T09:32:24-05:00 2025-02-26 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2025-01-01 453582524 ACERO MARQUEZ CAMPUS INC ACER 3126373900 18 S MICHIGAN AVENUE 900 CHICAGO IL 60603 RICHARD VALERGA PRESIDENT 3126373900 2026-03-26 1 CAITLIN BUSH P01949885 6305738600 2026-03-26 2025 2025-03-06 01:10:19Z X RICHARD VALERGA 18 S MICHIGAN AVENUE 900 CHICAGO IL 60603 0 0 X N/A X 2011 IL THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE EDUCATIONAL PURPOSES OF ACERO CHARTER SCHOOLS, INC. X 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 234405 39067 234405 39067 -234405 -39067 9076379 0 7390502 0 1685877 0 THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE EDUCATIONAL PURPOSES OF ACERO CHARTER SCHOOLS, INC. 0 0 39067 ACQUIRE, OWN, HOLD, LEASE, DEPRECIATION EXPENSE, OPERATE, MANAGE, MAINTAIN, DEVELOP AND IMPROVE THE MARQUEZ CAMPUS PROPERTY. 39067 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X EDWIN MORALES 3126373900 18 S MICHIGAN AVENUE SUITE 900 CHICAGO IL 60603 X SIMON YOHANAN SECRETARY 1.00 1.00 X X 0 0 0 RICHARD VALERGA PRESIDENT 1.00 40.00 X X 0 30952 7455 HELENA STANGLE TREASURER 1.00 40.00 X X 0 30952 4124 EDWIN MORALES VICE PRESIDENT 3.00 40.00 X X 0 19455 3204 0 81359 14783 0 0 0 0 0 0 0 0 0 39067 39067 39067 39067 0 0 0 0 0 0 0 0 0 0 0 0 0 9076328 0 0 0 0 0 51 0 9076379 0 7390502 0 7390502 0 X 1685877 0 1685877 0 9076379 0 X -39067 -1646810 X X 0 0 0 X X 1 ACERO CHARTER SCHOOLS INC 364235934 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 11: ACERO MARQUEZ CAMPUS, INC. DOES NOT RECEIVE GIFTS OR CONTRIBUTIONS FROM ITS SUPPORTING ORGANIZATION, ACERO CHARTER SCHOOLS, INC., NOR FROM ANY PARTY RELATED TO ACERO CHARTER SCHOOLS, INC. RESIDUAL NET ASSETS 2025-02-26 1803080 REMAINING NET ASSET VALUE OF LAND AND BUILDING AT TIME OF MERGER 364235934 ACERO CHARTER SCHOOLS INC 18 S MICHIGAN AVENUE SUITE 900 CHICAGO IL 60603 501(C)(3) 0 0 0 0 1 1 1 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION'S EXECUTIVE COMMITTEE IS COMPOSED OF THE OFFICERS AND NOT MORE THAN TWO ADDITIONAL DIRECTORS DESIGNATED BY THE BOARD OF DIRECTORS. DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE HAS AND MAY EXERCISE ALL OF THE AUTHORITY AND POWERS AND PERFORM ALL OF THE DUTIES OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE ORGANIZATION, TO THE FULLEST EXTENT PERMITTED BY LAW, THE BY-LAWS AND THE RESOLUTIONS OF THE BOARD OF DIRECTORS, AND SHALL HAVE AND MAY EXERCISE SUCH FURTHER SPECIFIC POWERS AS MAY FROM TIME TO TIME BE CONFERRED UPON THE EXECUTIVE COMMITTEE BY RESOLUTION OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE NO POWER OR AUTHORITY OF THE BOARD OF DIRECTORS WITH RESPECT TO THE FOLLOWING MATTERS: (I) AMENDING OR REPEALING THESE BY-LAWS OR ADOPTING NEW BY-LAWS; OR (II) AMENDING OR REPEALING ANY RESOLUTION OF THE BOARD OF DIRECTORS. ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE SUBJECT TO REVISION OR ALTERATION BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CONTROL OVER MANAGEMENT DUTIES TO ACERO CHARTER SCHOOLS, INC. THE TREASURER OF THE CORPORATION AND CFOO OF ACERO PERFORMS ACCOUNTING SERVICES RELATED TO CASH RECEIPTS, DISBURSEMENT, GENERAL LEDGER MAINTENANCE AND RECONCILIATIONS. THE CORPORATION HAS LIMITED TRANSACTIONS WHICH ARE REPETITIVE IN NATURE AND ARE MOSTLY RELATED TO THE COLLECTIONS OF RENTS AND MAKING PAYMENTS TO SATISFY DEBT AND RESERVE OBLIGATIONS. THOSE OFFICERS, DIRECTORS AND/OR FORMER BOARD MEMBERS ARE LISTED IN PART VII, SECTION A. THERE WERE NO AMOUNTS PAID TO ACERO FOR ITS MANAGEMENT SERVICES. FORM 990, PART VI, SECTION A, LINE 7A ACCORDING TO THE BY-LAWS, THE CORPORATION IS OPERATED, SUPERVISED, OR CONTROLLED BY ACERO CHARTER SCHOOLS, INC. FURTHERMORE, AT ALL TIMES HERETO, THE MAJORITY OF THE DIRECTORS SHALL BE APPOINTED BY THE BOARD OF DIRECTORS OF ACERO CHARTER SCHOOLS, INC. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER PRESENTS A FINAL DRAFT FORM 990 TO BOARD MEMBERS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, PRINCIPAL OFFICERS, AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS WHO ARE REQUIRED TO ANNUALLY SIGN A STATEMENT TO ACT IN COMPLIANCE WITH THE POLICY. THE ORGANIZATION PERFORMS PERIODIC REVIEWS TO ENSURE THAT OPERATIONS ARE CONSISTENT WITH THE EXEMPT PURPOSE. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR AGREEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/ SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE MINUTES OF THE GOVERNING BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS DOCUMENT ANY PROCEEDINGS RELATED TO DISCLOSURES AND ACTIONS TAKEN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 1A COMPENSATION FROM RELATED ORGANIZATIONS REPORTED IN PART VII OF FORM 990 IS ONLY FOR THE PERIOD LEADING UP TO ACERO MARQUEZ'S MERGER WITH ACERO CHARTER SCHOOLS: JANUARY 1, 2025 THROUGH FEBRUARY 26, 2025. FORM 990, PART XI, LINE 9: MERGER - NET ASSET TRANSFER -1,646,810. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT PUBLIC ACCOUNTANT. ACERO MARQUEZ HAS FORMALLY CEASED OPERATIONS AND MERGED WITH ACERO CHARTER SCHOOLS, THEREFORE HAS NOT NEEDED AN INDEPENDENT AUDIT FOR SHORT FINAL YEAR 2025. ACERO CHARTER SCHOOLS INC 18 S MICHIGAN AVENUE SUITE 900 CHICAGO IL 60603 364235934 SCHOOL IL 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0