2026-03-02T02:02:42-06:00 2025-06-30 720398470 HEARD MCELROY & VESTAL LLC 333 TEXAS STREET SUITE 1525 SHREVEPORT LA 71101 990 2024-07-01 680522870 INNOVATIVE STUDENT FACILITIES INC INNO 3182572445 PO BOX 3164 RUSTON LA 71272 CHRIS BARR CHAIRMAN 3182557912 2026-02-19 1 0 JENNIFER M HILL P00712786 3184291525 2026-02-19 2024 2025-03-06 01:10:19Z CHRIS BARR PO BOX 3164 RUSTON LA 71272 12076170 0 X N/A X 2002 LA THE PURPOSE OF INNOVATIVE STUDENT FACILITIES, INC. SHALL BE TO PROMOTE, ASSIST AND BENEFIT THE EDUCATIONAL MISSION OF LOUISIANA TECH UNIVERSITY UNDER THE MANAGEMENT AND CONTROL OF THE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM. THE IMPLEMENTATION OF THIS MISSION SHALL INCLUDE ANY LAWFUL ACTIVITY DEEMED BY THE CORPORATION NECESSARY OR ADVISABLE IN ORDER TO SUPPORT AND ASSIST THE UNIVERSITY IN CARRYING OUT ITS MISSION AND OBJECTIVES. 7 7 0 7 0 0 18500 237083 11151879 11566946 735445 270282 305173 1859 12210997 12076170 0 0 0 0 0 0 0 0 0 12723261 12078295 12723261 12078295 -512264 -2125 158180916 157106643 143844474 142772326 14336442 14334317 X THE PURPOSE OF INNOVATIVE STUDENT FACILITIES, INC. SHALL BE TO PROMOTE, ASSIST AND BENEFIT THE EDUCATIONAL MISSION OF LOUISIANA TECH UNIVERSITY UNDER THE MANAGEMENT AND CONTROL OF THE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM. THE IMPLEMENTATION OF THIS MISSION SHALL INCLUDE ANY LAWFUL ACTIVITY DEEMED BY THE CORPORATION NECESSARY OR ADVISABLE IN ORDER TO SUPPORT AND ASSIST THE UNIVERSITY IN CARRYING OUT ITS MISSION AND OBJECTIVES. 0 0 12053467 11568805 TO ACQUIRE, CONSTRUCT, DEVELOP, AND MANAGE STUDENT HOUSING & OTHER FACILITIES ON THE CAMPUS OF LOUISIANA TECH UNIVERSITY IN RUSTON, LOUISIANA. INNOVATIVE STUDENT FACILITIES LEASES THE STUDENT HOUSING TO LOUISIANA TECH UNIVERSITY. 12053467 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X X DICKIE CRAWFORD 3182572445 100 KEENY CIRCLE/LOUISIANA TECH RUSTON LA 71272 X DR DICKIE CRAWFORD DIRECTOR 2.00 X 0 0 0 DR JAMES KING SECRETARY/TREASURER 1.00 X X 0 0 0 RYAN KILPATRICK DIRECTOR 0.10 X 0 0 0 WILL DEARMON DIRECTOR 0.10 X 0 0 0 MARGARET DAVISON DIRECTOR 0.10 X 0 0 0 DR JEAN HALL VICE CHAIRMAN 0.10 X X 0 0 0 CHRIS BARR CHAIRMAN 0.50 X X 0 0 0 0 0 0 0 0 0 0 TRANE US INC PO BOX 845053 DALLAS TX 752845053 HVAC SERVICES & INDOOR SWIMMING POOL 1051763 1 198496 38587 237083 RENTAL INCOME 531110 11566946 11566946 11566946 255020 255020 15262 15262 INSURANCE REIMBURSEMENT 900099 1859 1859 1859 12076170 11568805 0 270282 4915074 4915074 5336507 5336507 MAINTENANCE 1801886 1801886 OTHER ADMINISTRATIVE EX 24828 24828 12078295 12053467 24828 0 7567936 14256110 190310621 47460088 148167521 142850533 2445459 158180916 157106643 49111 52875 141229439 140529779 1063875 891975 1502049 1297697 143844474 142772326 X -769338 -738528 15105780 15072845 14336442 14334317 158180916 157106643 -2125 0 X X 0 1 X 1 0 X X 1 LOUISIANA TECH UNIVERSITY 726000792 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4012339 4012339 167764034 40991618 126772416 3677786 2139921 1537865 14856462 4328549 10527913 142850533 ACCRUED INTEREST PAYABLE 1297697 1297697 X 12076170 0 12076170 0 12076170 12078295 0 12078295 0 12078295 PART X, LINE 2: INNOVATIVE STUDENT FACILITIES, INC. QUALIFY AS TAX-EXEMPT ENTITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS, BUT THE CORPORATION IS REQUIRED TO FILE AN ANNUAL INFORMATION RETURN. THE CORPORATION IS ALSO REQUIRED TO REVIEW VARIOUS TAX POSITIONS THEY HAVE TAKEN WITH RESPECT TO THEIR EXEMPT STATUS AND DETERMINE WHETHER IN FACT THEY ARE TAX EXEMPT ENTITIES. THE CORPORATION MUST ALSO CONSIDER WHETHER THEY HAVE NEXUS IN JURISDICTIONS IN WHICH THEY HAVE INCOME AND WHETHER A TAX RETURN IS REQUIRED IN THOSE JURISDICTIONS. IN ADDITION, AS TAX EXEMPT ENTITIES, THE CORPORATION MUST ASSESS WHETHER THEY HAVE ANY TAX POSITIONS ASSOCIATED WITH UNRELATED BUSINESS INCOME SUBJECT TO INCOME TAX. THE CORPORATION DOES NOT EXPECT THEIR POSITIONS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS, AND ANY PENALTIES RELATED TO LATE FILING OR OTHER REQUIREMENTS WOULD BE RECOGNIZED AS PENALTIES EXPENSE IN THE ACCOUNTING RECORDS. THE CORPORATION FILES U.S. FEDERAL FORM 990 FOR INFORMATIONAL PURPOSES. THE CORPORATION'S FEDERAL INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. A LA LOCAL GOVT ENVIRONMENTAL FACILITIES & COMMUNITY DEV AUTHORITY 721416168 546282VP6 2013-06-06 19065000 DEFEASE 2003 BONDS, RENOVATION OF STUDENT HOUSING FACILITIES 0 0 0 B LA LOCAL GOVT ENVIRONMENTAL FACILITIES & COMMUNITY DEV AUTHORITY 721416168 546282FH2 2014-04-01 9000000 RENOVATION OF THE SOUTH END ZONE FOOTBALL STADIUM 0 0 0 C LA LOCAL GOVT ENVIRONMENTAL FACILITIES & COMMUNITY DEV AUTHORITY 721416168 5462822H6 2015-12-01 43020000 DEFEASE 2007 BONDS, RENOVATION OF STUDENT HOUSING AND RECREATIONAL FACILTIES 0 0 0 D LA LOCAL GOVT ENVIRONMENTAL FACILITIES & COMMUNITY DEV AUTHORITY 721416168 NC0000852 2016-06-01 4000000 ACQUISITION AND RENOVATION OF STUDENT HOUSING AND PARKING FACILITIES 0 0 0 A 19065000 19065000 1 0 1 1 B 9000000 9000000 2015 0 0 1 1 C 43020000 43020000 1 0 0 1 D 4000000 3867024 2019 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 1 A 0 B 0 C 0 D 0 A LA LOCAL GOVT ENVIRONMENTAL FACILITIES & COMMUNITY DEV AUTHORITY 721416168 5462823W2 2016-08-16 36695000 ACQUISITION AND RENOVATION OF STUDENT HOUSING AND PARKING FACILITIES 0 0 0 B LA LOCAL GOVT ENVIRONMENTAL FACILITIES & COMMUNITY DEV AUTHORITY 721416168 54628CMJ8 2020-05-01 49145000 ACQUISITION AND RENOVATION OF STUDENT HOUSING AND PARKING FACILITIES 0 0 0 C LA LOCAL GOVT ENVIRONMENTAL FACILITIES & COMMUNITY DEV AUTHORITY 721416168 2025-06-27 7640000 CONSTRUCTION AND IMPROVEMENT OF STUDENT PARKING AND RELATED FACILITIES 0 0 0 D LA LOCAL GOVT ENVIRONMENTAL FACILITIES & COMMUNITY DEV AUTHORITY 721416168 2025-06-27 7835000 DEFEASE 2013 BONDS, RENOVATION OF STUDENT HOUSING FACILITIES 0 0 0 A 36695000 36324047 2019 0 0 0 1 B 49145000 23031587 1 0 0 1 C 7640000 7640000 2026 0 0 1 1 D 7835000 7835000 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 1 A 0 B 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY CHRIS BARR (CHAIRMAN), DR. JIM KING (SECRETARY/TREASURER), AND DR. DICKIE CRAWFORD (DIRECTOR) PRIOR TO THE CHAIRMAN SIGNING THE RETURN. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. LOUISIANA TECH UNIVERSITY P O BOX 3178 RUSTON LA 71272 726000792 UNIVERSITY LA 501(C)3 LINE 2 N/A 0 UNIVERSITY OF LOUISIANA SYSTEM 1201 NORTH THIRD STREET SUITE 7-300 BATON ROUGE LA 70802 UNIVERSITY LA 501(C)3 LINE 2 N/A 0 LOUISIANA TECH UNIVERSITY FOUNDATION PO BOX 3183 TECH STATION RUSTON LA 71272 726021176 UNIVERSITY FOUNDATION LA 501(C)3 LINE 5 N/A 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 UNIVERSITY OF LOUISIANA SYSTEM J 11566946 ACCRUAL METHOD LOUISIANA TECH UNIVERSITY FOUNDATION C 38587 ACCRUAL METHOD LOUISIANA TECH UNIVERSITY Q 198496 ACCRUAL METHOD