Nonprofit · EIN 68-0522870
INNOVATIVE STUDENT FACILITIES INC
Tax-exempt · RUSTON, LA 71272
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,076,170 | $12,078,295 | -$2,125 | $157,106,643 | $142,772,326 | $14,334,317 |
| June 30, 2024 | 990 | $12,210,997 | $12,723,261 | -$512,264 | $158,180,916 | $143,844,474 | $14,336,442 |
| June 30, 2023 | 990 | $12,998,880 | $12,074,224 | $924,656 | $164,207,156 | $149,358,450 | $14,848,706 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $237,083
- Program service revenue
- $11,566,946
- Investment income
- $270,282
- Tax-exempt bond proceeds
- $15,262
- Other revenue
- $1,859
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $5,336,507
- Program services (functional)
- $12,053,467
- Management and general (functional)
- $24,828
Balance sheet and other
- Total assets, start of year
- $158,180,916
- Total assets, end of year
- $157,106,643
- Total liabilities, end of year
- $142,772,326
- Net assets, end of year
- $14,334,317
- Land, buildings and equipment
- $142,850,533
- Net assets without donor restrictions
- -$738,528
- Net assets with donor restrictions
- $15,072,845
- Gross receipts
- $12,076,170
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2002
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR DICKIE CRAWFORD | DIRECTOR Trustee or director | 2 | $0 |
| DR JAMES KING | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| RYAN KILPATRICK | DIRECTOR Trustee or director | 0.1 | $0 |
| WILL DEARMON | DIRECTOR Trustee or director | 0.1 | $0 |
| MARGARET DAVISON | DIRECTOR Trustee or director | 0.1 | $0 |
| DR JEAN HALL | VICE CHAIRMAN Trustee or director, Officer | 0.1 | $0 |
| CHRIS BARR | CHAIRMAN Trustee or director, Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR DICKIE CRAWFORD | DIRECTOR Trustee or director | 2 | $0 |
| DR JAMES KING | DIRECTOR Trustee or director | 1 | $0 |
| DAN HOLLINGSWORTH | DIRECTOR Trustee or director | 0.1 | $0 |
| RUSSELL NOLAN | DIRECTOR Trustee or director | 0.1 | $0 |
| CONNIE HOWARD | SEC/TREASURER Trustee or director, Officer | 0.1 | $0 |
| DR JEAN HALL | VICE CHAIRMAN Trustee or director, Officer | 0.1 | $0 |
| CHRIS BARR | CHAIRMAN Trustee or director, Officer | 0.5 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR DICKIE CRAWFORD | DIRECTOR Trustee or director | 2 | $0 |
| DR JAMES KING | DIRECTOR Trustee or director | 1 | $0 |
| DAN HOLLINGSWORTH | DIRECTOR Trustee or director | 0.1 | $0 |
| RUSSELL NOLAN | DIRECTOR Trustee or director | 0.1 | $0 |
| CONNIE HOWARD | SEC/TREASURER Trustee or director, Officer | 0.1 | $0 |
| DR JEAN HALL | VICE CHAIRMAN Trustee or director, Officer | 0.1 | $0 |
| CHRIS BARR | CHAIRMAN Trustee or director, Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3164, RUSTON, LA 71272-0001
- In care of
- % DICKIE CRAWFORD
- Principal officer (990 for 2024)
- CHRIS BARR, PO BOX 3164, RUSTON, LA 71272
- Signed the 990
- CHRIS BARR, CHAIRMAN
- Phone
- (318) 257-2445
- Return prepared by
- HEARD MCELROY & VESTAL LLC
Mission
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.
Program accomplishments
- 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.Expenses $12,053,467 · revenue $11,568,805
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 68-0522870
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L99)
- Assets (IRS master file)
- $157,106,643
- Income (IRS master file)
- $12,076,170
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,076,170 | $12,078,295 | $157,106,643 | XML |
| 990 | June 2024 | $12,210,997 | $12,723,261 | $158,180,916 | XML |
| 990 | June 2023 | $12,998,880 | $12,074,224 | $164,207,156 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 68-0522870).
Questions about INNOVATIVE STUDENT FACILITIES INC
- What is the EIN of INNOVATIVE STUDENT FACILITIES INC?
- The employer identification number (EIN) of INNOVATIVE STUDENT FACILITIES INC is 68-0522870.
- Is INNOVATIVE STUDENT FACILITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to INNOVATIVE STUDENT FACILITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does INNOVATIVE STUDENT FACILITIES INC 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 INNOVATIVE STUDENT FACILITIES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INNOVATIVE STUDENT FACILITIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INNOVATIVE STUDENT FACILITIES INC?
- The 990 for the year ended June 30, 2025 names CHRIS BARR.
- Who are the officers and directors of INNOVATIVE STUDENT FACILITIES INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does INNOVATIVE STUDENT FACILITIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,076,170, expenses of $12,078,295 and total assets of $157,106,643 at year end.
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