2016-02-11T16:11:25-06:00 2015-06-30 721086666 TWRU CPAS & FINANCIAL ADVISORS 527 E AIRPORT AVE BATON ROUGE LA 708066515 990 2014-07-01 710876144 BRCC FACILITIES CORPORATION BRCC 2253874000 ONE AMERICAN PLACE SUITE 2300 BATON ROUGE LA 70825 FABIAN BLACHE JR PRESIDENT 2253874000 2016-02-10 true SARA M DOWNING CPA P00072350 2259261050 2016-02-11 2014 2016-08-17 19:52:53Z 5136915 false X WWW.BRCC.CC.LA.US 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 THE 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 3 3 0 0 750000 750000 0 193 335 -580687 -413707 169506 336628 0 0 0 0 0 23850 23087 23850 23087 145656 313541 62518132 60555772 59088353 56812452 3429779 3743320 X 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 THE 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 false false 23087 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 THE 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. 23087 true false false false false false false false false false true false false false true false true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false X 3 3 false false false false false false false true true false false true true true true false true true true false X X R BOWSHER 2253874000 ONE AMERICAN PLACE SUITE 2300 BATON ROUGE LA 70801 X FABIAN BLACHE JR PRESIDENT X X 0 0 0 SEAN REILLY SECRETARY X X 0 0 0 JIMMY LYLES TREASURER X X 0 0 0 false false false 750000 750000 335 335 4386580 4800287 -413707 -413707 -413707 336628 335 -413707 13807 13807 9280 9280 23087 23087 0 0 12205 11073 6675840 7085531 82443126 29724245 55003205 52718881 798055 711460 28827 28827 62518132 60555772 2255 14257 58893831 56613889 192267 184306 59088353 56812452 X -9 3429779 3743329 3429779 3743320 62518132 60555772 313541 X false true X true false X 750000 750000 750000 750000 750000 3750000 750000 750000 750000 750000 750000 3750000 3750000 492 158 90 193 335 1268 3751268 335 0.99970 0.99970 X 70939633 18923447 52016186 11503493 10800798 702695 52718881 ACCRUED INTEREST 184306 184306 4723208 4386580 4386580 336628 336628 4823374 4800287 4800287 23087 23087 SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL INCOME 4,386,580 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 4,800,287 A LLEFCDA 721416168 546289NG5 2011-10-11 33914965 REFUNDING OF 2002 BONDS false false false B LLEFCDA 721416168 546582QK3 2012-04-18 24365985 REFUNDING OF 2002 BONDS false false false C LA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMEN 721416168 546279SG6 2003-12-22 11250441 CONSTRUCT FACILITIES false false false A 33914965 33599880 188970 126115 false true false true B 24365985 24215204 150781 false true false true C 11250000 10289115 169105 791780 false false true true A false false false false 0.01320 0.01320 false false true B false false false false false false false C false false false false false false false A false false false false false false false false false B false false false false false false false false false C false false false false false false false false false A true B true C true SCHEDULE K - ADDITIONAL INFORMATION LA LOCAL GOVERNMENT ENVIRONMENTAL FIRST REBATE COMPUTATION COMPLETED DECEMBER 2008 SECOND REBATE COMPUTATION COMPLETED DECEMBER 2013 FORM 990 - ORGANIZATION'S MISSION 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 THE 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. FORM 990, PAGE 2, PART III, LINE 4A 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. FORM 990, PAGE 6, PART VI, LINE 11B THE RETURNS ARE PHYSICALLY REVIEWED BY THE BOARD, THEN SIGNED BY THE CHAIRMAN BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REGULARLY REVIEWED ALL DEALINGS FOR CONFLICTS OF INTEREST FORM 990, PAGE 6, PART VI, LINE 15A BRCC FACILITIES CORPORATION PAYS NO COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B BRCC FACILITIES CORPORATION PAYS NO SALARIES OR OTHER COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND TAX FILINGS AR E AVAILABLE UPON REQUEST AT THE OFFICES OF BREAZEALE, SACHSE & WILSON, 301 MAIN STREET, SUITE 2300, BATON ROUGE, LA 70801. LA LOCAL GOV ENV FACILITIES CDA COMMUNITY DEVELOPMENT AUTHORITY BATON ROUGE LA 70801 721416168 LA 501C3 6 NA false LOUISIANA COMMUNITY & TECHNICAL COL SYSTEM BATON ROUGE LA 70801 721441777 LA 501C3 6 NA false false false true false false false false false false true true false false false false false false false false LA LOCAL GOV ENV FACILITIES CDA C 750000 AGREEMENT LA COMMUNITY & TECHNICAL COLLEGE J 4386580 LEASE AGREEMENT LA COMMUNITY & TECHNICAL COLLEGE K 1 LEASE AGREEMENT