2011-12-13T14:53:11-08:00 2011-06-30 TWRU CPAs & Financial Advisors 527 East Airport Avenue Baton Rouge LA 708066515 990 2010-07-01 710876144 BRCC Facilities Corporation BRCC 2253874000 One American Place Baton Rouge LA 70825 Fabian Blache Jr 2011-12-13 Warren Bofinger jr CPA 2259261050 2010 2016-02-24 21:20:13Z 5941954 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 0 204 492 -1132004 -549462 -381800 201030 0 0 0 0 0 37447 32916 37447 32916 -419247 168114 70098712 68135644 65031593 62900411 5067119 5235233 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 32916 492 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. 32916 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 false false false 0 false false false true false false false false false false false X 3 3 false false false false false false false true true false false false true true true true false true true true false false X X R Bowsher 2253874000 One American Place Ste 2300 Baton Rouge LA 70801 X Sean Reilly 0.00 X X 0 0 0 Jimmy Lyles 0.00 X X 0 0 0 Fabian Blache Jr 0.00 X X 0 0 0 0 false false false 0 750000 750000 0 492 492 0 0 5191462 5740924 -549462 -549462 -549462 0 0 0 0 0 201030 492 -549462 0 0 0 0 0 0 0 0 0 0 0 21854 21854 9425 9425 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Miscellaneous 1637 1637 0 32916 32916 0 0 9937 8688 4949519 5591879 0 0 0 0 0 0 0 81276127 19420765 64401956 61855362 0 0 0 737300 679715 0 70098712 68135644 15826 2361 64425032 62631636 590735 266414 65031593 62900411 X 1313179 731293 3753940 4503940 5067119 5235233 70098712 68135644 168114 X false true true X false false X 754477 754137 750000 750000 750000 3758614 0 0 754477 754137 750000 750000 750000 3758614 0 3758614 504846 220488 23895 204 492 749925 0 0 4508539 0.83370 0.76210 X 70131893 11385797 58746096 11144234 8034968 3109266 61855362 Accrued Interest 266414 266414 201030 32916 168114 168114 5941954 5941954 -5740924 -5740924 201030 5974870 5941954 5941954 32916 32916 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Rental Expenses $5941954 ment Authority and Community Develop- Environmental Facilities LA Local Government 721416168 546279SG6 2003-12-22 11250441 Construct Facilities false false 11250000 10289115 960885 false false true true 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 11 Form 990, Part VI, Line 11: 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 true true false false false false false false false false Louisiana Community & Technical College j 100 Lease Agreement Louisiana Community & Technical College i 5191462 Debt Coverage Louisiana Community & Technical College c 750000 Agreement