2011-11-04T15:27:18-05:00
2010-12-31
LAPORTE SEHRT ROMIG & HAND APAC
111 VETERANS MEMORIAL BLVD SUITE 60
METAIRIE
LA
700054958
990
2010-01-01
261871311
LCTCS FACILITIES CORPORATION
LCTC
5045447700
201 ST CHARLES AVENUE NO 4240
NEW ORLEANS
LA
70170
STEPHEN C SMITH
PRESIDENT
5045447700
2011-11-03
1
AMY E WALTERS CPA CCIFP
5048355522
2010
2016-03-07 17:11:31Z
STEPHEN C SMITH
201 ST CHARLES AVE SUITE 4240
NEW ORLEANS
LA
70170
18140124
0
X
LCTCS.CSRSONLINE.COM/PROGRAM/FACILITIES.ASP
X
2007
LA
TO DEVELOP, ACQUIRE, PURCHASE, REPAIR, IMPROVE, RENOVATE, AND EXPAND CERTAIN PUBLIC FACILITIES ON FOURTEEN OF THE EXISTING CAMPUSES OF THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM,INCLUDING ALL FURNISHINGS, FIXTURES AND EQUIPMENT INCIDENTAL OR NECESSARY IN CONNECTION THEREWITH (THE "FACILITIES") FOR VARIOUS COMMUNITY AND TECHNICAL COLLEGE CAMPUSES (THE "COLLEGES"), SUCH FACILITIES LOCATED ON LAND OWNED OR TO BE OWNED BY THE BOARD OF SUPERVISORS OF THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM (THE "BOARD") ALL IN ACCORDANCE WITH ACT 391 OF THE 2007 REGULAR SESSION OF THE LOUISIANA LEGISLATURE; PAYING CAPITALIZED INTEREST ON THE SERIES 2009 AND 2010 BONDS; FUNDING A DEBT SERVICE RESERVE FUND; AND PAYING COSTS OF ISSUANCE OF THE SERIES 2009 AND 2010 BONDS, INCLUDING THE PREMIUMS FOR THE BOND INSURANCE POLICIES INSURING THE SERIES 2009A AND 2010 BONDS.
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TO REPAIR, IMPROVE, RENOVATE, AND CONSTRUCT FACILITIES ON FOURTEEN OF THE EXISTING CAMPUSES OF THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM.
0
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5464798
TO REPAIR, IMPROVE, RENOVATE, AND CONSTRUCT FACILITIES ON FOURTEEN OF THE EXISTING CAMPUSES OF THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM. LCTCS FACILITIES CORPORATION ESTIMATES THAT IT WILL EXPEND APPROXIMATELY $177 MILLION ON THE PROJECTS. THE FOLLOWING LOUISIANA TECHNICAL AND COMMUNITY COLLEGE CAMPUSES WILL BE REPAIRED, IMPROVED, RENOVATED, AND CONSTRUCTED: 1) EVANGELINE CAMPUS; ST MARTINVILLE, LA - REPLACEMENT OF CAMPUS BUILDING PROJECTED $9,200,000 IMPROVEMENT 2) HUEY P. LONG CAMPUS; WINNFIELD, LA - REPLACEMENT AND RELOCATION OF FACILITIES ESTIMATED $11,500,000 IMPROVEMENT 3) NORTHWEST LOUISIANA CAMPUS; MINDEN, LA - EXPANSION OF CAMPUS APPROXIMATED $16,100,000 IMPROVEMENT 4) YOUNG MEMORIAL CAMPUS; MORGAN CITY, LA - CONSTRUCTION OF BUILDINGS FOR NON-MARINE PROGRAMS PROJECTED $5,980,000 IMPROVEMENT 5) FLORIDA PARISHES CAMPUS; GREENSBURG, LA - ACQUISITION OF EIGHT-ACRE SITE AND CONSTRUCTION OF FACILITIES ESTIMATED $9,200,000 IMPROVEMENT 6) WESTSIDE CAMPUS; PLAQUEMINE, LA - REPLACEMENT OF BUILDINGS AND RELOCATION OF CAMPUS APPROXIMATED $3,450,000 IMPROVEMENT 7) GULF AREA CAMPUS; ABBEVILLE, LA - RESTORATION OF CURRENT FACILITIES PROJECTED $6,900,000 IMPROVEMENT 8) SHELBY M. JACKSON CAMPUS; FERRIDAY, LA - REPAIR AND REPLACEMENT OF FACILITIES ESTIMATED $5,175,000 IMPROVEMENT 9) SIDNEY N. COLLIER CAMPUS; NEW ORLEANS, LA - RELOCATION AND ACQUIRING OF LAND AND BUILDING APPROXIMATED $13,685,000 IMPROVEMENT 10) L.E. FLETCHER TECHNICAL COMMUNITY COLLEGE; HOUMA, LA - CONSTRUCTION OF CLASSROOM LAB AND OFFICE BUILDING PROJECTED $24,495,000 IMPROVEMENT 11) SOWELA TECHNICAL COMMUNITY COLLEGE; LAKE CHARLES, LA - ACQUISITION OF LAND AND CONSTRUCTION OF CLASSROOM AND STUDENT FACILITIES ESTIMATED $14,950,000 IMPROVEMENT 12) RIVER PARISHES COMMUNITY COLLEGE; SORRENTO, LA - ACQUIRE LAND AND CONSTRUCTION OF ADDITIONAL FACILITIES APPROXIMATED $19,550,000 IMPROVEMENT 13) DELGADO COMMUNITY COLLEGE; NEW ORLEANS, LA - RESTORE ISSAC DELGADO HALL AND STUDENT SERVICES, RELOCATE MARITIME AND INDUSTRIAL TRAINING CENTER, AND DEMOLTION AND CONSTRUCTION OF LEARNING RESOURCES CENTER PROJECTED $16,035,962.25 IMPROVEMENT 14) ELAINE P. NUNEZ COMMUNITY COLLEGE; CHALMETTE, LA - RESTORE ARTS AND SCIENCE BUILDING, RESTORE ALLIED HEALTH BUILDING, RESTORE PHYSICAL ACTIVITY CENTER, RESTORE SHOP BUILDING B, RESTORE CLASSROOM BUILDING A, AND CONSTRUCTION OF ADDITIONAL SECOND FLOOR ESTIMATED $5,993,933.40 IMPROVEMENT 15) CONSTRUCTION OF STATEWIDE STUDENT AND FINANCIAL INFORMATION SYSTEM APPROXIMATED $11,500,000 IMPROVEMENT
5464798
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THE ORGANIZATION
5045447700
201 ST CHARLES AVENUE NO 4240
NEW ORLEANS
LA
70170
X
STEPHEN C SMITH
CHAIRMAN/PRESIDENT
10.00
X
X
0
0
0
JUDGE LAMBERT C BOISSIERE JR
TREASURER
0.50
X
X
0
0
0
JUDGE U GENE THIBODEAUX
BOARD MEMBER
0.50
X
X
0
0
0
JUDGE BILLY WAYNE MONTGOMERY
BOARD MEMBER
0.50
X
X
0
0
0
0
0
0
0
0
0
0
CSRS INC
6767 PERKINS ROAD SUITE 200
BATON ROUGE
LA
70808
PROGRAM MANAGER
1328284
WALKER CONSTRUCTION
535 PAR ROAD 141
RUSTON
LA
71270
CONTRACTOR SERVICES
600136
UNITED PROFESSIONALS COMPANY
201 ST CHARLES AVE SUITE 4240
NEW ORLEANS
LA
70170
CONSULTING SERVICES
419998
BREAZEALE SACHSE WILSON LLP
1 AMERICAN PLACE 23RD FLOOR
BATON ROUGE
LA
70821
LEGAL SERVICES
204121
ARCHITECTURE PLUS
300 WASHINGTON ST 400
MONROE
LA
712016752
REAL ESTATE DEVELOPMENT SERVICES
203883
8
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MISCELLANEOUS EXPENSE
878
878
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5464798
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3347857
3700261
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20140101
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RESTRICTED
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RESTRICTED
RESTRICTED
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DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
PART X:
THE CORPORATION'S 2007 THROUGH 2009 TAX RETURNS WERE FILED APPROPRIATELY. AS OF MAY 24, 2011, THE CORPORATION HAD NOT FILED THEIR 2010 TAX RETURN BUT HAD FILED THE NECESSARY FORMS EXTENDING THE TIME TO FILE. THE CORPORATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. THE CORPORATION'S TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE CORPORATION'S OPEN AUDIT PERIODS ARE 2007 THROUGH 2009. MANAGEMENT EVALUATED THE CORPORATION'S TAX POSITION AND CONCLUDED THAT THE CORPORATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.
LA LOCAL GOVERN ENVIRONMENTAL FACILITIES COMMUNITY DEVELOPMENT AUTHORITY
132555119
546280EV6
2009-10-01
67066442
TO REPAIR AND CONSTRUCT FACILITIES ON LA COMMUNITY AND TECH COLLEGE SYSTEM
0
1
0
LA LOCAL GOVERN ENVIRONMENTAL FACILITIES COMMUNITY DEVELOPMENT AUTHORITY
132555119
546282EE0
2010-10-01
71127122
TO REPAIR AND CONSTRUCT FACILITIES ON LA COMMUNITY AND TECH COLLEGE SYSTEM
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FORM 990, PART VI, SECTION A, LINE 3
LCTCS FACILITIES CORPORATION CONTRACTS WITH CSRS SERVICES, INC TO MANAGE THE CONSTRUCTION OF THE LCTCS FACILITIES. THE CONTRACT FOR CSRS SERVICES, INC WAS SUBMITTED UNDER A COMPETITIVE BID PROCESS. CSRS SERVICES, INC IS AN UNRELATED ENTITY TO LCTCS FACILITIES CORPORATION.
FORM 990, PART VI, SECTION B, LINE 11
THE 990 IS PREPARED BY A PROFESSIONAL CPA FIRM AND SUBSEQUENTLY PRESENTED TO THE LCTCS FACILITIES CORPORATION BOARD FOR REVIEW AND ACCEPTANCE.
FORM 990, PART VI, SECTION B, LINE 12C
THE CORPORATION ANNUALLY REQUIRES ALL BOARD MEMBERS TO DISCLOSE ANY POTENTIAL PERSONAL OR BUSINESS ASSOCIATIONS WHICH COULD BE PERCEIVED AS A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15
THE CORPORATION IS GOVERNED BY A BOARD OF DIRECTORS, MEMBERS OF WHICH ALSO SERVE AS THE SOLE OFFICERS; THE CORPORATION DOES NOT HAVE TRUSTEES OR EMPLOYEES. PER SECTION 3.14 OF THE LCTCS FACILITIES CORPORATION BYLAWS, "COMPENSATION AND EXPENSES OF DIRECTORS", THE CORPORATION SHALL NOT PAY ANY COMPENSATION TO DIRECTORS FOR THEIR SERVICES RENDERED TO THE CORPORATION. THE CORPORATION MAY REIMBURSE DIRECTORS FOR REASONABLE EXPENSES ACTUALLY INCURRED IN THE PERFORMANCE OF THEIR DUTIES TO THE CORPORATION."
FORM 990, PART VI, SECTION C, LINE 19
THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
CHANGES IN NET ASSETS OR FUND BALANCES:
FORM 990, PART XI, LINE 5:
NET UNREALIZED LOSSES ON INVESTMENTS: -76,326.
FORM 990, PART XI, LINE 2C:
THE AUDIT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
YEAR OF SUBSTANITAL COMPLETION
SCHEDULE K, PART II, LINE 8:
THE PROJECTED YEAR OF SUBSTANITAL COMPLETION IS 2014. HOWEVER, THE LINE HAS BEEN LEFT BLANK SINCE THE PROJECT HAS NOT YET BEEN COMPLETED.
LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEMS
265 SOUTH FOSTER DRIVE
BATON ROUGE
LA
70806
EDUCTIONAL
LA
501(C)(3)
170(B)(1)(A)(V)
N/A
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