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University of Louisiana Monroe Facilities Inc.

University of Louisiana Monroe Facilities Inc.

Monroe, LA
Tax ID20-1116697

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About this organization

Revenue

$11,036,178

Expenses

$12,801,665

Mission

PROVIDE STUDENT HOUSING & OTHER STUDENT FACILITIES FOR THE UNIVERSITY OF LOUISIANA MONROE CAMPUS.

About

THE UNIVERSITY OF LOUISIANA MONROE FACILITIES WAS FORMED FOR THE BENEFIT OF THE UNIVERSITY OF LOUISIANA MONROE AND ITS PRINCIPAL PURPOSE IS TO COORDINATE, CONSTRUCT, AND FINANCE THE DEVELOPMENT OF FACILITIES ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA AT MONROE AND TO OVERSEE THE MANAGEMENT OF SUCH FACILITIES. CERTAIN OPERATIONS ARE REGULATED BY THE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM, THE LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY, AND REGIONS BANK THROUGH THE PROVISIONS OF A GROUND AND BUILDINGS LEASE AGREEMENT, A FACILITIES LEASE AGREEMENT, A LOAN AND ASSIGNMENT AGREEMENT, AND A TRUST INDENTURE, INCLUDING AMENDMENTS AND SUPPLEMENTS, AS APPLICABLE. THE UNIVERSITY OF LOUISIANA MONROE FACILITIES HAS COMPLETED THE NEW CONSTRUCTION AND/OR RENOVATION OF SOME TEN (10) HOUSING UNITS, STUDENT HEALTH CENTER, STUDENT UNION, THE CLARKE M. WILLIAMS STUDENT SUCCESS CENTER, AND THE INSTALLATION/CONSTRUCTION OF SCOREBOARDS, CHAIR-BACK SEATING, AND DUGOUTS AT VARIOUS ATHLETIC VENUES ON THE CAMPUS OF UNIVERSITY OF LOUISIANA MONROE AND THE INSTALLATION OF TWO ELECTRONIC DISPLAY BOARDS. IN 2014, THE UNIVERSITY OF LOUISIANA MONROE FACILITIES HAS ENTERED INTO AGREEMENTS TO INSTALL NEW ARTIFICIAL TURF AND DRAINAGE SYSTEM FOR MALONE STADIUM; DEVELOPMENT OF A DOPPLER RADAR FACILITY; AND CONSTRUCTION OF THE INTERNATIONAL STUDENT FACILITY. IN 2015, THE UNIVERSITY OF MONROE FACILITIES HAS ENTERED INTO AGREEMENTS WITH THE UNIVERSITY OF LOUISIANA AT MONROE AND THE UNIVERSITY OF LOUISIANA MONROE ATHLETIC FOUNDATION, INC. TO CONSTRUCT THE FIELD HOUSE AT THE UNIVERSITY OF LOUISIANA MONROE MALONE STADIUM. ALSO IN 2015, THE ORGANIZATION HAS ENTERED INTO CONTRACTS FOR THE CONSTRUCTION OF THE DOPPLER RADAR; RENOVATION OF MASUR HALL; AND PAVING OF COMMONS II PARKING LOT; ALL ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA MONROE. IN 2016, THE ORGANIZATION COMPLETED INSTALLATION OF THE NEW ARTIFICIAL TURF AND DRAINAGE SYSTEM AS WELL AS THE FIELD HOUSE AT THE UNIVERSITY OF LOUISIANA MONROE MALONE STADIUM. IN ADDITION, THE RENOVATION OF MASUR HALL AND THE PAVING OF COMMONS II PARKING LOT WAS COMPLETED IN 2016. THE ORGANIZATION ENTERED INTO A GROUND LEASE AND A FACILITIES LEASE AGREEMENT IN 2016 FOR THE PURPOSE OF DEVELOPING, DESIGNING, RENOVATING AND CONSTRUCTING A STUDENT CENTER ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA MONROE. IN 2017, THE ORGANIZATION ENTERED INTO A GROUND LEASE AND A FACILITIES LEASE AGREEMENT FOR THE PURPOSE OF ACQUIRING, DESIGNING, DEVELOPING, CONSTRUCTING AND RENOVATING THE RECONSTRUCTION OF BROWN STADIUM AND PARKING ADJACENT THERETO ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA AT MONROE. DURING THE YEAR ENDED JUNE 30, 2018, THE DOPPLER RADAR AND STUDENT EVENT CENTER WERE COMPLETED. ALSO, DURING THE YEAR ENDED JUNE 30, 2018, THE FACILITIES ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD OF SUPERVISORS OF ULM, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING, DESIGNING, TESTING, SURVEYING, AND EQUIPPING AN AREA OF MALONE STADIUM INTO A NEW ATHLETIC TREATMENT FACILITY. THIS NEW ATHLETIC TREATMENT FACILITY WAS COMPLETED DURING THE YEAR ENDED JUNE 30, 2019. ALSO, DURING THE YEAR ENDED JUNE 30, 2019, THE FACILITIES ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM, ON BEHALF OF ULM, FOR THE PURPOSE OF DEVELOPING AND CONSTRUCTING A GOLF HOUSE AND THE WALLY JONES GOLF COMPLEX.

Interesting data from their 2019 990 filing

The filing sets forth the mission of the non-profit as “Provide student housing & other student facilities for the university of louisiana monroe campus.”.

When detailing its responsibilities, they were listed as: “Provide student housing & other student facilities for the university of louisiana monroe campus.”.

  • The state in which the non-profit is legally permitted to operate is LA.
  • The address of the non-profit for 2019 according to the filing is 700 UNIVERSITY AVE STE 623, MONROE, LA, 712092000.
  • The number of employees reported by the non-profit on their form as of 2019 is 0.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$1,765,487.
  • The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
  • The organization elects its board members.
  • The organization has 5 independent voting members.
  • The organization was formed in 2004.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

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