2022-04-11T08:17:52-05:00 2021-06-30 720538016 BROUSSARD POCHE LLP PO BOX 61400 LAFAYETTE LA 705961400 990 2020-07-01 710876144 BRCC FACILITIES CORPORATION BRCC 2253874000 ONE AMERICAN PLACE SUITE 2300 BATON ROUGE LA 70825 FABIAN BLACHE JR PRESIDENT 2253874000 2022-03-18 1 FABIAN BLACHE JR 999009999 JOHN L ISTRE P00689577 3379884930 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z FABIAN BLACHE JR 8442 EAST THRUMAN DRIVE BATON ROUGE LA 70806 1978312 0 X N/A X 2002 LA THE EXEMPT PURPOSE OF THE CORPORATION IS TO CONSTRUCT A NUMBER OF BUILDINGS WITH ACADEMIC FACILITIES AND OFFICES FOR THE BATON ROUGE COMMUNITY COLLEGE (BRCC). THE CORPORATION PRESENTLY LEASES REAL PROPERTY LOCATED IN BATON ROUGE, LOUISIANA FROM THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM (LCTCS), A STATE INSTITUTION, AND HAS CONSTRUCTED FACILITIES AND WILL CONSTRUCT ADDITIONAL FACILITIES TO HOUSE THE CAMPUS OF BRCC, A STATE COMMUNITY COLLEGE OPERATED BY THE LCTCS. THE CONSTRUCTION WAS FINANCED THROUGH A BOND ISSUE BY THE LOUISIANA LOCAL GOVERNMENT ENVIRONMENT FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY (LCDA). THE FACILITIES ARE LEASED TO LCTCS UNDER A NET LEASE WITH AN OPTION TO PURCHASE THE FACILITIES OF BRCC. THE LEASE PAYMENTS FROM THE LEASE WILL BE USED TO REPAY THE BOND FINANCING. THE FUNDS FOR LCTCS TO PAY THE LEASE PAYMENTS WILL BE APPROPRIATED BY THE STATE OF LOUISIANA UNDER A COOPERATIVE ENDEAVOR AGREEMENT. 3 3 0 0 0 0 1341255 775000 3753874 1202557 60532 755 0 0 5155661 1978312 0 0 0 0 0 0 0 0 0 6216277 3791786 6216277 3791786 -1060616 -1813474 51109536 49594547 45873585 46172070 5235951 3422477 X SEE SCHEDULE O 0 0 3750236 1202557 THE EXEMPT PURPOSE OF THE CORPORATION IS TO CONSTRUCT A NUMBER OF BUILDINGS WITH ACADEMIC FACILITIES AND OFFICES FOR THE BATON ROUGE COMMUNITY COLLEGE (BRCC). THE CORPORATION PRESENTLY LEASES REAL PROPERTY LOCATED IN BATON ROUGE, LOUISIANA FROM THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM (LCTCS), A STATE INSTITUTION, AND HAS CONSTRUCTED FACILITIES AND WILL CONSTRUCT ADDITIONAL FACILITIES TO HOUSE THE CAMPUS OF BRCC, A STATE COMMUNITY COLLEGE OPERATED BY THE LCTCS. THE CONSTRUCTION WAS FINANCED THROUGH A BOND ISSUE BY THE LOUISIANA LOCAL GOVERNMENT ENVIRONMENT FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY (LCDA). THE FACILITIES ARE LEASED TO LCTCS UNDER A NET LEASE WITH AN OPTION TO PURCHASE THE FACILITIES OF BRCC. THE LEASE PAYMENTS FROM THE LEASE WILL BE USED TO REPAY THE BOND FINANCING. THE FUNDS FOR LCTCS TO PAY THE LEASE PAYMENTS WILL BE APPROPRIATED BY THE STATE OF LOUISIANA UNDER A COOPERATIVE ENDEAVOR AGREEMENT. AFTER THE BOND FINANCING IS REPAID, THE BUILDINGS WILL BE TRANSFERRED TO THE STATE OF LOUISIANA FOR THE USE OF LCTCS. 3750236 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 0 0 X 3 3 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 SREET SUITE 2300 BATON ROUGE LA 70801 X FABIAN BLACHE JR PRESIDENT 0.00 0.00 X X 0 0 0 SEAN REILLY SECRETARY 0.00 0.00 X X 0 0 0 JIMMY LYLES TREASURER 0.00 0.00 X X 0 0 0 0 0 0 0 0 0 0 0 775000 775000 RENTAL INCOME - BRCC 531120 1202557 1202557 1202557 755 755 1978312 1202557 0 755 16150 16150 14466 14466 1134 1134 1221000 1221000 2335835 2335835 BUILDING REPAIRS AND MA 193401 193401 BANK TRUSTEE FEE 9800 9800 3791786 3750236 41550 0 56136 38119 2511034 2342527 89886837 42672936 48542366 47213901 51109536 49594547 65672 96205 8241307 5589124 37566606 40486741 45873585 46172070 X 2797870 1137477 2438081 2285000 5235951 3422477 51109536 49594547 -1813474 0 X X 0 1 X 1 0 X 775000 775000 775000 775000 775000 3875000 775000 775000 775000 775000 775000 3875000 3875000 27430 68943 112993 60532 755 270653 566255 566255 4711908 18082688 0.82240 0.81860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76744518 31082365 45662153 13140421 11590571 1549850 1898 1898 47213901 DUE TO BATON ROUGE COMMUNITY COLLEGE 296948 TAXABLE BOND LIABILITIES 40189793 40486741 1978312 0 1978312 0 1978312 3791786 0 3791786 0 3791786 A LLEFCDA 721416168 546289NG5 2011-10-11 33914965 REFUNDING OF 2002 BOND 0 0 0 A 23425000 33914965 188970 126115 2013 0 1 1 1 A 0 0 0 0 0 0 0 0 0 A 1 FORM 990, PART I, LINE 1 AFTER THE BOND FINANCING IS REPAID, THE BUILDINGS WILL BE TRANSFERRED TO THE STATE OF LOUISIANA FOR THE USE OF LCTCS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO INDIVIDUAL 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 THE BOARD REGULARLY REVIEWED ALL DEALINGS FOR CONFLICTS OF INTEREST. 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 XII, LINE 2C OVERSIGHT OF THE ENTITY'S AUDIT, COMPILATION OF FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAVE BEEN DELEGATED BY THE BOARD AND ARE THE RESPONSIBLITY OF BREAZEALE, SACHSE, & WILSON, LLP ATTORNEYS AT LAW.