2024-10-01T15:13:06-05:00 2024-06-30 720538016 BROUSSARD POCHE LLP PO BOX 61400 LAFAYETTE LA 705961400 990 2023-07-01 731636441 SOUTH LOUISIANA FACILITIES CORPORATION (FORMERLY SLCC FACILITIES CORPORATION) SOUT 2253818028 301 MAIN STREET SUITE 2300 BATON ROUGE LA 70801 BRETT MELLINGTON PRESIDENT 3375931414 2024-09-26 1 0 CARLINNA L BERTRAND P01418229 3379884930 2023 2024-10-15 13:58:12Z BRETT MELLINGTON 211 EAST DEVALCOURT ST LAFAYETTE LA 70506 1479005 0 X N/A X 2001 LA THE EXEMPT PURPOSE OF THE CORPORATION IS TO CONSTRUCT A BUILDING WITH ACADEMIC FACILITIES AND OFFICES FOR THE SOUTH LOUISIANA COMMUNITY COLLEGE (SLCC), A STATE COMMUNITY COLLEGE OPERATED BY THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM (LCTCS), A STATE INSTITUTION. THE CORPORATION LEASES REAL PROPERTY LOCATED IN LAFAYETTE, LOUISIANA FROM THE LCTCS AND CONSTRUCTED A BUILDING ON THE CAMPUS OF SLCC. THE CONSTRUCTION WAS FINANCED THROUGH A BOND ISSUE BY THE LAFAYETTE PUBLIC TRUST FINANCING AUTHORITY (LPTFA). THE FACILITIES ARE LEASED TO LCTCS UNDER A NET LEASE WITH AN OPTION TO PURCHASE THE FACILITIES. THE LEASE PAYMENTS FROM THE LEASE ARE USED TO REPAY THE BOND FINANCING. 2 2 0 0 0 0 161414 161414 1202344 1196519 68751 121072 0 0 1432509 1479005 0 0 0 0 0 0 0 0 0 608413 579597 608413 579597 824096 899408 10642200 10716378 5586400 4761170 5055800 5955208 SEE PAGE 1 0 0 563863 1196519 THE EXEMPT PURPOSE OF THE CORPORATION IS TO CONSTRUCT A BUILDING WITH ACADEMIC FACILITIES AND OFFICES FOR THE SOUTH LOUISIANA COMMUNITY COLLEGE (SLCC), A STATE COMMUNITY COLLEGE OPERATED BY THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM (LCTCS), A STATE INSTITUTION. THE CORPORATION LEASES REAL PROPERTY LOCATED IN LAFAYETTE, LOUISIANA FROM THE LCTCS AND CONSTRUCTED A BUILDING ON THE CAMPUS OF SLCC. THE CONSTRUCTION WAS FINANCED THROUGH A BOND ISSUE BY THE LAFAYETTE PUBLIC TRUST FINANCING AUTHORITY (LPTFA). THE FACILITIES ARE LEASED TO LCTCS UNDER A NET LEASE WITH AN OPTION TO PURCHASE THE FACILITIES. THE LEASE PAYMENTS FROM THE LEASE ARE USED TO REPAY THE BOND FINANCING. 563863 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 X ROBERT T BOWSHER 2253818028 301 MAIN STREET SUITE 2300 BATON ROUGE LA 70801 X BRETT MELLINGTON PRESIDENT/DIRECTOR 2.00 X X 0 0 0 ODON L BACQUE DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 161414 161414 RENTAL INCOME - SOUTH 531120 1196519 1196519 1196519 121072 121072 1479005 1196519 0 121072 7255 7255 8465 8465 149424 149424 414439 414439 BANK CHARGES 14 14 579597 563863 15734 0 2355728 2622479 16653234 8559335 8286472 8093899 10642200 10716378 43031 35230 5543369 4504074 0 221866 5586400 4761170 X 2794800 3434265 2261000 2520943 5055800 5955208 10642200 10716378 899408 0 X 0 1 X 1 0 X 161414 161414 161414 161414 161414 807070 161414 161414 161414 161414 161414 807070 807070 21068 192 797 68751 121072 211880 1018950 5991220 0.79210 0.87000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14074876 6685568 7389308 2578358 1873767 704591 8093899 DUE TO SOUTH LOUISIANA COMMUNITY COLLEGE 221866 221866 X 1479005 0 1479005 0 1479005 579597 0 579597 0 579597 PART X, LINE 2: THE CORPORTION HAS ANALYZED THE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, AND HAS CONCLUDED THAT AS OF JUNE 30,2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. A LAFAYETTE PUBLIC TRUST FINANCING AUTHORITY 726105563 506486DA4 2012-09-06 13483407 REFUNDING OF SERIES 2002 REVENUE BONDS USED TO CONSTRUCT CAMPUS BLDGS 0 0 0 A 8680000 13483407 88999 0 0 1 1 A 0 0 1 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES, ALL DECISIONS AND DISCUSSIONS AT BOARD LEVEL. THIS QUESTION IS NOT APPLICABLE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY IS DISTRIBUTED TO EACH BOARD MEMBER FOR REVIEW AND COMMENT. AFTER APPROVAL AND REVISION, IF ANY, THE FINAL RETURN IS PREPARED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND OFFICER SIGNS A STATEMENT WHICH AFFIRMS THAT HE/SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE ORGANIZATION IS CHARITABLE AND MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ITS TAX-EXEMPT PURPOSE. EACH DIRECTOR AND OFFICER IS ASKED TO UPDATE THIS STATEMENT ANNUALLY. FORM 990, PART VI, SECTION C, LINE 18 FORM 1023 AND FORMS 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST TO ROBERT T. BOWSHER AT THE OFFICE OF BREAZEALE, SACHSE & WILSON, LLP, 301 MAIN STREET, 23RD FLOOR, BATON ROUGE, LA, 70801. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST TO ROBERT T. BOWSHER AT THE OFFICES OF BREAZEALE, SACHSE & WILSON, LLP, 301 MAIN STREET, 23RD FLOOR, BATON ROUGE, LA 70801. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC BRETT MELLINGTON - 923 KIM DRIVE, LAFAYETTE, LA 70503. ODON L. BACQUE - 301 E. KALISTE SALOOM ROAD, SUITE 300, LAFAYETTE, LA 70508.