2014-02-12T10:28:56-08:00 2013-06-30 TWRU CPAs & Financial Advisors 527 East Airport Avenue Baton Rouge LA 708066515 990 2012-07-01 710876144 BRCC Facilities Corporation BRCC 2253874000 One American Place Baton Rouge LA 70825 Fabian Blache Jr 2014-02-12 true Warren Bofinger jr CPA P00072351 2259261050 2012 2015-11-30 17:44:51Z 5267752 false 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 wil 3 3 0 0 750000 750000 0 158 90 -439482 -433966 310676 316124 0 0 0 0 0 2549258 28652 2549258 28652 -2238582 287472 66582697 64569361 63586046 61285238 2996651 3284123 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 wil false false 28652 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. 28652 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 false true 0 0 false 0 false false false false false false false false false 0 false false false true 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 Ste 2300 Baton Rouge LA 70801 X Jimmy Lyles 0.00 0.00 X X 0 0 0 Sean Reilly 0.00 0.00 X X 0 0 0 Fabian Blache Jr 0.00 0.00 X X 0 0 0 0 false false false 0 750000 750000 0 90 90 0 0 4517662 4951628 -433966 -433966 -433966 0 0 0 0 0 316124 90 -433966 0 0 0 0 0 0 0 0 0 0 0 14922 14922 13730 13730 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 28652 28652 0 0 8687 13473 6324883 6624008 0 10 10 0 0 0 0 0 81587827 24573855 59263082 57013972 0 0 0 986035 889081 28817 66582697 64569361 1772 63249771 61082743 336275 200723 63586046 61285238 X 2246651 750000 3284123 2996651 3284123 66582697 64569361 287472 X false true X true false X 750000 750000 750000 750000 750000 3750000 0 0 750000 750000 750000 750000 750000 3750000 0 3750000 23895 204 492 158 90 24839 0 0 3774839 0.99340 0.93870 X 70375543 15140159 55235384 11212284 9433696 1778588 57013972 Accrued Interest 200723 200723 5267752 4951628 4951628 316124 316124 39464 10812 10812 28652 28652 Part XII, Line 2d Part XII, Line 2d: Other expenses and losses per audited F/S Provessional Fees in Rent Expense $10812 Part XI, Line 2d Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Rental Expense - Fm 990, Pt VIII, Ln 6b $4951628 B LLEFCDA 721416168 546582QK3 2012-04-18 24365985 Refunding of 2002 Bonds false false false A LLEFCDA 721416168 546289NG5 2011-10-11 33914965 Refunding of 2002 Bonds false false false B 24365985 24215204 150781 false true false true A 33914965 33599880 188970 126115 false true false true B false false false false false false false true A false false false false false false false true B false false A false false B true A true D ment Authority LLEFCDA C and Community Develop- B Environmental Facilities A LA Local Government 721416168 546279SG6 2003-12-22 11250441 Construct Facilities false false A 11250000 10289115 874054 false false true true A false false false false false 0.01320 0.01320 false false false A false false false true false D true A true Supplemental Information Part VI First rebate computation competed December 2008 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available All governing documents, policies, financial statements and tax filings are available upon request at the offices of Breazeale, Sachse & Wilson, 301 Main Street, Suite 2300, Baton Rouge, LA 70801. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees BRCC Facilities Corporation pays no salaries or other compensation. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process The returns are physically reviewed by the board, then signed by the Chairman before it is filed. Louisiana Community & Technical College System Baton Rouge LA 70801 721441777 LA 501(c)(3) Yes N/A false LA Local Gov Env Facilities and Community Development Authority Baton Rouge LA 70801 721416168 LA 501(c)(3) Yes N/A false false false true false false false false false false true false false false false false false false false false LA Local Gov Env Facilities and j 4517662 Lease Agreement LA Local Gov Env Facilities and c 750000 Agreement