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Nonprofit · EIN 26-1871311

LCTCS FACILITIES CORPORATION

Tax-exempt · METAIRIE, LA 70002

Financials

$35.9M$22.7M2023$32.2M$22.9M2024
Revenue Expenses · by fiscal year end
Financials of LCTCS FACILITIES CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$32,204,830$22,863,636$9,341,194$407,032,323$288,185,858$118,846,465
December 31, 2023990$35,906,032$22,745,462$13,160,570$419,337,525$309,909,725$109,427,800
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,022,541
of which government grants
$760,430
Program service revenue
$29,594,635
Investment income
$1,534,598
Other revenue
$53,056

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$8,799
Depreciation
$12,403,035
Program services (functional)
$22,825,807
Management and general (functional)
$37,829

Balance sheet and other

Total assets, start of year
$419,337,525
Total assets, end of year
$407,032,323
Total liabilities, end of year
$288,185,858
Net assets, end of year
$118,846,465
Land, buildings and equipment
$359,896,111
Net assets without donor restrictions
$116,692,861
Net assets with donor restrictions
$2,153,604
Gross receipts
$32,204,830
Employees
0
Volunteers
4
Year formed
2007
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHEN C SMITHBOARD CHAIR
Trustee or director, Officer
8$0
LAMBERT C BOISSIERE JRBOARD SECRETARY/TREASURER
Trustee or director
0.5$0
JUDGE U GENE THIBODEAUXBOARD DIRECTOR
Trustee or director
0.5$0
BILLY WAYNE MONTGOMERYBOARD DIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
STEPHEN C SMITHBOARD CHAIR
Trustee or director, Officer
8$0
LAMBERT C BOISSIERE JRBOARD SECRETARY/TREASURER
Trustee or director
0.5$0
JUDGE U GENE THIBODEAUXBOARD DIRECTOR
Trustee or director
0.5$0
BILLY WAYNE MONTGOMERYBOARD DIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
3850 N CAUSEWAY BLVD STE 1930, METAIRIE, LA 70002-7280
In care of
% ROBERT T BOWSHER
Mailing address (990-N for 2008)
P O Box 3197, Baton Rouge LA 70821
Principal officer (990 for 2024)
STEPHEN C SMITH, 3850 N CAUSEWAY BLVD SUITE 1930, METAIRIE, LA 70002
Principal officer (990-N for 2008)
Stephen C Smith, 125 Old Schriever Hwy, Schriever LA 70395
Signed the 990
STEPHEN C SMITH, PRESIDENT
Phone
(504) 544-7700
Return prepared by
LAPORTE APAC

Mission

TO REPAIR, IMPROVE, RENOVATE, AND CONSTRUCT FACILITIES ON FOURTEEN OF THE EXISTING CAMPUSES OF THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM.

990 for the year ended December 31, 2024

Program accomplishments

  • TO REPAIR, IMPROVE, RENOVATE, AND CONSTRUCT FACILITIES ON FOURTEEN OF THE EXISTING CAMPUSES OF THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM. LCTCS FACILITIES CORPORATION ESTIMATES THAT IT WILL EXPEND APPROXIMATELY $177 MILLION ON THE PROJECTS. THE FOLLOWING LOUISIANA TECHNICAL AND COMMUNITY COLLEGE CAMPUSES WILL BE REPAIRED, IMPROVED, RENOVATED, AND CONSTRUCTED: 1) EVANGELINE CAMPUS; ST MARTINVILLE, LA - REPLACEMENT OF CAMPUS BUILDING PROJECTED $9,200,000 IMPROVEMENT 2) HUEY P. LONG CAMPUS; WINNFIELD, LA - REPLACEMENT AND RELOCATION OF FACILITIES ESTIMATED $11,500,000 IMPROVEMENT 3) NORTHWEST LOUISIANA CAMPUS; MINDEN, LA - EXPANSION OF CAMPUS APPROXIMATED $16,100,000 IMPROVEMENT 4) YOUNG MEMORIAL CAMPUS; MORGAN CITY, LA - CONSTRUCTION OF BUILDINGS FOR NON-MARINE PROGRAMS PROJECTED $5,980,000 IMPROVEMENT 5) FLORIDA PARISHES CAMPUS; GREENSBURG, LA - ACQUISITION OF EIGHT-ACRE SITE AND CONSTRUCTION OF FACILITIES ESTIMATED $9,200,000 IMPROVEMENT 6) WESTSIDE CAMPUS; PLAQUEMINE, LA - REPLACEMENT OF BUILDINGS AND RELOCATION OF CAMPUS APPROXIMATED $3,450,000 IMPROVEMENT 7) GULF AREA CAMPUS; ABBEVILLE, LA - RESTORATION OF CURRENT FACILITIES PROJECTED $6,900,000 IMPROVEMENT 8) SHELBY M. JACKSON CAMPUS; FERRIDAY, LA - REPAIR AND REPLACEMENT OF FACILITIES ESTIMATED $5,175,000 IMPROVEMENT 9) SIDNEY N. COLLIER CAMPUS; NEW ORLEANS, LA - RELOCATION AND ACQUIRING OF LAND AND BUILDING APPROXIMATED $13,685,000 IMPROVEMENT 10) L.E. FLETCHER TECHNICAL COMMUNITY COLLEGE; HOUMA, LA - CONSTRUCTION OF CLASSROOM LAB AND OFFICE BUILDING PROJECTED $24,495,000 IMPROVEMENT 11) SOWELA TECHNICAL COMMUNITY COLLEGE; LAKE CHARLES, LA - ACQUISITION OF LAND AND CONSTRUCTION OF CLASSROOM AND STUDENT FACILITIES ESTIMATED $14,950,000 IMPROVEMENT 12) RIVER PARISHES COMMUNITY COLLEGE; SORRENTO, LA - ACQUIRE LAND AND CONSTRUCTION OF ADDITIONAL FACILITIES APPROXIMATED $19,550,000 IMPROVEMENT 13) DELGADO COMMUNITY COLLEGE; NEW ORLEANS, LA - RESTORE ISSAC DELGADO HALL AND STUDENT SERVICES, RELOCATE MARITIME AND INDUSTRIAL TRAINING CENTER, AND DEMOLTION AND CONSTRUCTION OF LEARNING RESOURCES CENTER PROJECTED $16,035,962.25 IMPROVEMENT 14) ELAINE P. NUNEZ COMMUNITY COLLEGE; CHALMETTE, LA - RESTORE ARTS AND SCIENCE BUILDING, RESTORE ALLIED HEALTH BUILDING, RESTORE PHYSICAL ACTIVITY CENTER, RESTORE SHOP BUILDING B, RESTORE CLASSROOM BUILDING A, AND CONSTRUCTION OF ADDITIONAL SECOND FLOOR ESTIMATED $5,993,933.40 IMPROVEMENT 15) CONSTRUCTION OF STATEWIDE STUDENT AND FINANCIAL INFORMATION SYSTEM APPROXIMATED $11,500,000 IMPROVEMENT 16) BATON ROUGE COMMUNITY COLLEGE, EAST BATON ROUGE PARISH NEW WORKFORCE TRAINING CENTER $8,100,000 EXPANSION OF CAMPUS AND IMPROVEMENT 17) BATON ROUGE COMMUNITY COLLEGE SMILEY HEIGHTS CAMPUS EAST BATON ROUGE PARISH TECHNOLOGY CENTER $10,200,000 CONSTRUCTION OF FACILITY 18) BOSSIER PARISH COMMUNITY COLLEGE, BOSSIER CITY CAMPUS, BOSSIER PARISH SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) BUILDING $18,500,000 CONSTRUCTION OF FACILITY 19) CENTRAL LOUISIANA TECHNICAL COMMUNITY COLLEGE, ALEXANDRIA CAMPUS, RAPIDES PARISH WORKFORCE INDUSTRIAL TRAINING CAMPUS $19,000,000 CONSTRUCTION OF FACILITY 20) DELGADO COMMUNITY COLLEGE, RIVER CITY CAMPUS, WEST BANK, JEFFERSON PARISH TRAINING CENTER FOR TRANSPORTATION, MARITIME, ENGINEERING $14,000,000 CONSTRUCTION OF FACILITY 21)DELGADO COMMUNITY COLLEGE, AVONDALE, JEFFERSON PARISH ADVANCED MANUFACTURING CENTER OF EXCELLENCE $10,000,000 CONSTRUCTION OF FACILITY 22) LOUISIANA DELTA COMMUNITY COLLEGE, WINNSBORO, FRANKLIN PARISH TECHNOLOGY AND CAREER PROGRAM TRAINING CENTER $ 4,590,000 EXPANSION OF CAMPUS AND RENOVATION 23) LOUISIANA DELTA COMMUNITY COLLEGE, JONESBORO, JACKSON PARISH WELDING, VEHICLE OPERATION AND INDUSTRIAL TRAINING CENTER $ 2,700,000 EXPANSION OF CAMPUS AND RENOVATION 24) NORTHSHORE TECHNICAL COMMUNITY COLLEGE, LACOMBE, ST. TAMMANY PARISH TRAINING CENTER FOR INDUSTRIAL TECHNOLOGIES $ 9,000,000 CONSTRUCTION OF FACILITY 25) NORTHWEST LOUISIANA TECHNICAL COLLEGE, MINDEN CAMPUS, WEBSTER PARISH WORKFORCE DEVELOPMENT CENTER $ 2,250,000 CONSTRUCTION OF FACILITY 26) RIVER PARISHES COMMUNITY COLLEGE, GONZALES, ASCENSION PARISH CENTER FOR ADVANCE TECHNOLOGY $ 8,100,000 CONSTRUCTION OF FACILITY 27) SOUTH CENTRAL LOUISIANA TECHNICAL COLLEGE, RIVER PARISHES CAMPUS, RESERVE, ST. JOHN THE BAPTIST PARISH NEW PTECH BUILDING $ 3,888,000 CONSTRUCTION OF FACILITY 28) SOUTH CENTRAL LOUISIANA TECHNICAL COLLEGE, RIVER PARISHES CAMPUS, RESERVE, ST. JOHN THE BAPTIST PARISH CENTER FOR ADVANCEMENT OF TECHNICAL EDUCATION BUILDING $3,712,500 CONSTRUCTION OF FACILITY 29) SOUTH CENTRAL LOUISIANA TECHNICAL COLLEGE, YOUNG MEMORIAL CAMPUS, MORGAN CITY, ST. MARY PARISH MARINE OPERATIONS AND INDUSTRIAL SAFETY TRAINING CENTER $ 3,330,000 CONSTRUCTION OF FACILITY 30) SOUTH LOUISIANA COMMUNITY COLLEGE, LAFAYETTE CAMPUS, LAFAYETTE PARISH ALLIED HEALTH AND SCIENCE TRAINING PROGRAM BUILDING $15,000,000 CONSTRUCTION OF FACILITY 31) SOWELA TECHNICAL COMMUNITY COLLEGE, MAIN CAMPUS, LAKE CHARLES, CALCASIEU PARISH ONE STOP SHOP FOR STUDENT PROGRAMS AND SERVICES $ 7,200,000 CONSTRUCTION OF FACILITY.
    Expenses $22,825,807 · revenue $29,594,635

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-1871311
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B024)
Assets (IRS master file)
$407,032,323
Income (IRS master file)
$32,204,830

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$32,204,830$22,863,636$407,032,323XML
990December 2023$35,906,032$22,745,462$419,337,525XML
990December 2022$43,360,911$26,083,854$410,716,456IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2008
Officer: Stephen C Smith
June 30, 2009≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1871311).

Questions about LCTCS FACILITIES CORPORATION

What is the EIN of LCTCS FACILITIES CORPORATION?
The employer identification number (EIN) of LCTCS FACILITIES CORPORATION is 26-1871311.
Is LCTCS FACILITIES CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to LCTCS FACILITIES CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LCTCS FACILITIES CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LCTCS FACILITIES CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LCTCS FACILITIES CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LCTCS FACILITIES CORPORATION?
The 990 for the year ended December 31, 2024 names STEPHEN C SMITH.
Who are the officers and directors of LCTCS FACILITIES CORPORATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does LCTCS FACILITIES CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $32,204,830, expenses of $22,863,636 and total assets of $407,032,323 at year end.

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