Civic Intelligence

Herzstein Investments Inc

EIN 76-0694434 • 501(c)2 • Houston, TX

Profile

The corporation holds title to real property, collects income there from and turns over all such income (less expenses) to an affiliated 501(c)(3) organization.

6131 WestviewHouston, TX 77055

herzsteininvestments.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.09x

Higher debt load relative to assets than 42% of similar nonprofits.

$50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.72x

Higher debt load relative to revenue than 71% of similar nonprofits.

$50M-$100M nonprofits • Source year 2024

Net Margin

33rd percentile

0.0%

Higher net margin than 33% of similar nonprofits.

$50M-$100M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$345,000

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

$50M-$100M nonprofits • Source year 2024

Asset Growth

18th percentile

-2.5%

Faster asset growth than 18% of similar nonprofits.

$50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

102%

Faster revenue growth than 89% of similar nonprofits.

$50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$71,811,273

Down $1,864,123 (-2.5%) from 2023

Liabilities

Up

$6,186,446

Up $4,135,877 (+202%) from 2023

Net Assets

Down

$65,624,827

Down $6,000,000 (-8.4%) from 2023

Revenue

Up

$8,572,910

Up $4,318,751 (+102%) from 2023

Expenses

Up

$8,572,910

Up $4,318,751 (+102%) from 2023

Net Income

Flat

$0

Flat from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $25,826,335Liabilities 2010: $883,545Net Assets 2010: $24,942,7902010Assets 2011: $32,456,050Liabilities 2011: $4,762,351Net Assets 2011: $27,693,6992011Assets 2012: $28,705,632Liabilities 2012: $1,011,933Net Assets 2012: $27,693,6992012Assets 2013: $38,469,533Liabilities 2013: $2,089,197Net Assets 2013: $36,380,3362013Assets 2014: $40,163,931Liabilities 2014: $1,784,654Net Assets 2014: $38,379,2772014Assets 2015: $42,004,404Liabilities 2015: $1,668,616Net Assets 2015: $40,335,7882015Assets 2016: $55,003,278Liabilities 2016: $1,508,882Net Assets 2016: $53,494,3962016Assets 2017: $55,479,169Liabilities 2017: $943,707Net Assets 2017: $54,535,4622017Assets 2018: $56,767,922Liabilities 2018: $1,025,888Net Assets 2018: $55,742,0342018Assets 2019: $57,750,103Liabilities 2019: $1,577,250Net Assets 2019: $56,172,8532019Assets 2020: $57,799,594Liabilities 2020: $1,370,697Net Assets 2020: $56,428,8972020Assets 2021: $72,075,670Liabilities 2021: $1,075,648Net Assets 2021: $71,000,0222021Assets 2022: $73,235,376Liabilities 2022: $2,235,354Net Assets 2022: $71,000,0222022Assets 2023: $73,675,396Liabilities 2023: $2,050,569Net Assets 2023: $71,624,8272023Assets 2024: $71,811,273Liabilities 2024: $6,186,446Net Assets 2024: $65,624,8272024

Highlighted filing

2024

Assets$71,811,273
Liabilities$6,186,446
Net Assets$65,624,827

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0Revenue 2010: $2,087,819Expenses 2010: $2,087,819Net Income 2010: $02010Revenue 2011: $5,215,099Expenses 2011: $5,215,099Net Income 2011: $02011Revenue 2012: $2,168,905Expenses 2012: $2,168,905Net Income 2012: $02012Revenue 2013: $2,207,616Expenses 2013: $2,207,616Net Income 2013: $02013Revenue 2014: $2,900,799Expenses 2014: $2,900,799Net Income 2014: $02014Revenue 2015: $3,206,600Expenses 2015: $3,206,600Net Income 2015: $02015Revenue 2016: $3,028,706Expenses 2016: $3,028,706Net Income 2016: $02016Revenue 2017: $2,563,996Expenses 2017: $2,563,996Net Income 2017: $02017Revenue 2018: $3,106,275Expenses 2018: $3,106,275Net Income 2018: $02018Revenue 2019: $3,879,217Expenses 2019: $3,879,217Net Income 2019: $02019Revenue 2020: $3,965,640Expenses 2020: $3,965,640Net Income 2020: $02020Revenue 2021: $3,886,647Expenses 2021: $3,886,647Net Income 2021: $02021Revenue 2022: $3,562,990Expenses 2022: $3,562,990Net Income 2022: $02022Revenue 2023: $4,254,159Expenses 2023: $4,254,159Net Income 2023: $02023Revenue 2024: $8,572,910Expenses 2024: $8,572,910Net Income 2024: $02024

Highlighted filing

2024

Revenue$8,572,910
Expenses$8,572,910
Net Income$0

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$71.8$6.19$65.6$8.57$8.57$0.00
2023Detailed filing. Detailed filing data is available for this year.$73.7$2.05$71.6$4.25$4.25$0.00
2022Detailed filing. Detailed filing data is available for this year.$73.2$2.24$71.0$3.56$3.56$0.00
2021Detailed filing. Detailed filing data is available for this year.$72.1$1.08$71.0$3.89$3.89$0.00
2020Detailed filing. Detailed filing data is available for this year.$57.8$1.37$56.4$3.97$3.97$0.00
2019Summary only. Only limited summary data is available for this year.$57.8$1.58$56.2$3.88$3.88$0.00
2018Summary only. Only limited summary data is available for this year.$56.8$1.03$55.7$3.11$3.11$0.00
2017Summary only. Only limited summary data is available for this year.$55.5$0.94$54.5$2.56$2.56$0.00
2016Summary only. Only limited summary data is available for this year.$55.0$1.51$53.5$3.03$3.03$0.00
2015Summary only. Only limited summary data is available for this year.$42.0$1.67$40.3$3.21$3.21$0.00
2014Summary only. Only limited summary data is available for this year.$40.2$1.78$38.4$2.90$2.90$0.00
2013Summary only. Only limited summary data is available for this year.$38.5$2.09$36.4$2.21$2.21$0.00
2012Summary only. Only limited summary data is available for this year.$28.7$1.01$27.7$2.17$2.17$0.00
2011Summary only. Only limited summary data is available for this year.$32.5$4.76$27.7$5.22$5.22$0.00
2010Summary only. Only limited summary data is available for this year.$25.8$0.88$24.9$2.09$2.09$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$20,565,408
Mission and Program Overview

Mission

The corporation holds title to real property, collects income there from and turns over all such income (less expenses) to an affiliated 501(c)(3) organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$71,623,827$65,623,827▼ $6,000,000
Land, Buildings, and Equipment, Net$36,362,094$31,227,286▼ $5,134,808
Savings and Temporary Cash Investments$953,709$9,002,906▲ $8,049,197
Accounts Receivable$379,848$237,487▼ $142,361
Cash and Non-Interest-Bearing Accounts$165,239$163,724▼ $1,515
Prepaid Expenses and Deferred Charges$4,159$4,768▲ $609
Cap Stk Tr Prin Current Funds$1,000$1,000→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$73,675,396$71,811,273▼ $1,864,123
Other Assets Total$35,810,347$31,175,102▼ $4,635,245
Liabilities
Other Liabilities$1,214,555$5,313,998▲ $4,099,443
Accounts Payable and Accrued Expenses$836,014$872,448▲ $36,434
Total Liabilities$2,050,569$6,186,446▲ $4,135,877
Net Assets / Fund Balance
Total Net Assets Fund Balance$71,624,827$65,624,827▼ $6,000,000
Total Liabilities and Net Assets / Fund Balance$73,675,396$71,811,273▼ $1,864,123

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,782,447-$26,782,447
Land$4,444,839-$4,444,839
Other Assets Org$275,526--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard PenningtonGeneral ManagerFT$300,000$45,000$345,000
Ludek KoleckarReal Estate SuperintendentFT$116,025$17,404$133,429
Justina Renee MasarykPresidentPT$65,125$19,769$84,894
Marissa CutaiaControllerPT$49,650$7,448$57,098
Bryan MillerVice President-$10,000$20,000$30,000
Craig LoewensternChairman-$10,000$20,000$30,000
George W Strake IiiSecretary/treasurer-$10,000$20,000$30,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$5,137,537
Other Revenue
$3,435,373
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,830,408
Revenue Not Reported on Financial Statements
$-2,257,498
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-2,257,498
Total Revenue per Audited Statements
$10,830,408
Total Revenue per Form 990
$8,572,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,736,073
Salaries, Compensation, and Employee Benefits$836,837
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$459,894
Depreciation Depletion---$309,957
Other Salaries and Wages---$210,687
Pension Plan Contributions---$92,446
Payroll Taxes---$39,371
Other Employee Benefits---$34,439
Fees for Services Accounting---$8,770
Information Technology---$5,617
Fees for Services Other---$2,124
Office Expenses---$628
Other Expenses---$122
Total Functional Expenses$0$0$0$8,572,910

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,572,910
Expenses Not Reported on Financial Statements$7,408,858
Other Expense Adjustments$7,408,858
Total Expenses per Audited Statements$3,421,550
Expenses Not Reported on Form 990$2,257,498
Expenses per Audited Statements$1,164,052
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Dividend Payments Due to a & E Herzstein PF$5,126,229
Rent Deposit Payable$187,769
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Herzstein investments, inc. Is a corporation described under section 501(c)(2) of the code. Albert & ethel herzstein charitable foundation is the sole shareholder of the organization.

Form 990, Part VI, Section A, Line 7A

Albert & ethel herzstein charitable foundation is the sole shareholder and maintains control over herzstein investments, inc.

Form 990, Part VI, Section A, Line 7B

Any decisions of the governing body of the organization are subject to approval by the albert & ethel herzstein charitable foundation.

Form 990, Part VI, Section B, Line 11B

A draft of the organization's form 990 is presented at a board of directors meeting. During this meeting the tax return is reviewed and discussed for accuracy and completeness.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy statement is reviewed annually and complied with by all officers, directors, and board members.

Form 990, Part VI, Section B, Line 15

Compensation of the president and key employee is set by independent members of the board of the albert and ethel herzstein foundation based on comparability data. It is reviewed by an outside third party. The final amount is determined, after deliberation by the permanent members of the board of the foundation, as reflected in the minutes.

Form 990, Part VI, Section C, Line 18

AVAILABLE UPON REQUEST

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Herzstein Investments Inc
EIN
76-0694434
Phone
7136817868
Address
6131 WESTVIEW, HOUSTON, TX 77055

Signing Officer

Name
Justina Renee Masaryk
Title
President
Phone
7136817868
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justina Renee Masaryk
Formed
2001
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Laporte Apac
Address
1770 ST JAMES PLACE SUITE 250, HOUSTON, TX 77056-3432
Preparer
Gary Robison
Phone
7139638008
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Cash transferred (additional paid in capital) -6,000,000.

Form 990, Part XII, Line 2C

No change from prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. The foundation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. Penalties and interest assessed by income taxing authorities, if any, would be included in administrative and federal excise tax expense. The amount of federal excise tax for both 2024 and 2023 was $0.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Rental expenses -2,257,498.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 2,257,498.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Payments to affiliates 7,408,855. Rounding 3.

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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt03435373
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03435373
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0628
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt035810347
IRS990/OtherAssetsTotalGrp/EOYAmt031175102
IRS990/OtherChangesInNetAssetsAmt0-6000000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034439
IRS990/OtherExpensesGrp/Desc0DIVIDEND PAYMENTS TO TH
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/TotalAmt07408855
IRS990/OtherExpensesGrp/TotalAmt1122
IRS990/OtherLiabilitiesGrp/BOYAmt01214555
IRS990/OtherLiabilitiesGrp/EOYAmt05313998
IRS990/OtherSalariesAndWagesGrp/TotalAmt0210687
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt039371
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt071623827
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt065623827
IRS990/PensionPlanContributionsGrp/TotalAmt092446
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04159
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04768
IRS990/PrincipalOfficerNm0JUSTINA RENEE MASARYK
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt049193
IRS990/PYOtherExpensesAmt03358365
IRS990/PYOtherRevenueAmt04204966
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt0895794
IRS990/PYTotalExpensesAmt04254159
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04254159
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt03435373
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0953709
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09002906
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt026782447
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt026782447
IRS990ScheduleD/ExpensesNotReportedAmt02257498
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt07408858
IRS990ScheduleD/ExpensesSubtotalAmt01164052
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt04444839
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04444839
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt030234247
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1665169
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2160
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3275526
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0UNREALIZED GAIN ON REAL ESTATE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PRE-PAID COMMISSIONS ON LEASES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CENTER POINT ENERGY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PRE-PAID PROPERTY INSURANCE
IRS990ScheduleD/OtherExpensesIncludedAmt02257498
IRS990ScheduleD/OtherExpensesNotIncludedAmt07408858
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05126229
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1187769
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DIVIDEND PAYMENTS DUE TO A & E HERZSTEIN PF
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RENT DEPOSIT PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-2257498
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-2257498
IRS990ScheduleD/RevenueSubtotalAmt010830408
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN ADMINISTRATIVE AND FEDERAL EXCISE TAX EXPENSE. THE AMOUNT OF FEDERAL EXCISE TAX FOR BOTH 2024 AND 2023 WAS $0.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES -2,257,498.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 2,257,498.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3PAYMENTS TO AFFILIATES 7,408,855. ROUNDING 3.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031227286
IRS990ScheduleD/TotalBookValueOtherAssetsAmt031175102
IRS990ScheduleD/TotalExpensesPerForm990Amt08572910
IRS990ScheduleD/TotalLiabilityAmt05313998
IRS990ScheduleD/TotalRevenuePerForm990Amt08572910
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010830408
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03421550
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0300000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt165125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt249650
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1151958
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2115850
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt045000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt19769
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt27448
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt122794
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt217378
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt110000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RICHARD PENNINGTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JUSTINA RENEE MASARYK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MARISSA CUTAIA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CONTROLLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0345000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt184894
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt257098
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1174752
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2133228
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HERZSTEIN INVESTMENTS, INC. IS A CORPORATION DESCRIBED UNDER SECTION 501(C)(2) OF THE CODE. ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION IS THE SOLE SHAREHOLDER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION IS THE SOLE SHAREHOLDER AND MAINTAINS CONTROL OVER HERZSTEIN INVESTMENTS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY DECISIONS OF THE GOVERNING BODY OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT OF THE ORGANIZATION'S FORM 990 IS PRESENTED AT A BOARD OF DIRECTORS MEETING. DURING THIS MEETING THE TAX RETURN IS REVIEWED AND DISCUSSED FOR ACCURACY AND COMPLETENESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY STATEMENT IS REVIEWED ANNUALLY AND COMPLIED WITH BY ALL OFFICERS, DIRECTORS, AND BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION OF THE PRESIDENT AND KEY EMPLOYEE IS SET BY INDEPENDENT MEMBERS OF THE BOARD OF THE ALBERT AND ETHEL HERZSTEIN FOUNDATION BASED ON COMPARABILITY DATA. IT IS REVIEWED BY AN OUTSIDE THIRD PARTY. THE FINAL AMOUNT IS DETERMINED, AFTER DELIBERATION BY THE PERMANENT MEMBERS OF THE BOARD OF THE FOUNDATION, AS REFLECTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CASH TRANSFERRED (ADDITIONAL PAID IN CAPITAL) -6,000,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0746070484
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CONTRIBUTIONS TO PUBLICLY SUPPORTED 501(C)(3) ORGANIZATIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06131 WESTVIEW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HOUSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd077055
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt07408855
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1646637
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt26000000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH (DIVIDENDS)
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2CASH (CAPITAL CONTRIBUTION)
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0R
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01

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