Name: Lctcs Facilities Corporation
Address: New Orleans, LA

Lctcs Facilities Corporation

New Orleans, LA 70170

Tax ID26-1871311

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About this organization

Revenue

$24,876,663

Expenses

$18,836,134

Website

lctcs.csrsonline.com

Mission

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 AND ACT 360 OF THE 2013 REGULAR SESSION OF THE LOUISIANA LEGISLATURE; PAYING CAPITALIZED INTEREST ON THE SERIES 2009, 2010, 2014, 2017 & 2018 BONDS; FUNDING A DEBT SERVICE RESERVE FUND; AND PAYING COSTS OF ISSUANCE OF THE SERIES 2009, 2010, 2014, 2017 & 2018 BONDS, INCLUDING THE PREMIUMS FOR THE BOND INSURANCE POLICIES INSURING THE SERIES 2009A, 2010, 2014, 2017 & 2018 BONDS.

About

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 16) BATON ROUGE COMMUNITY COLLEGE, EAST BATON ROUGE PARISH NEW WORKFORCE TRAINING CENTER $8,100,000 EXPANSION OF CAMPUS AND IMPROVEMENT 17) BATON ROUGE COMMUNITY COLLEGE SMILEY HEIGHTS CAMPUS EAST BATON ROUGE PARISH TECHNOLOGY CENTER $10,200,000 CONSTRUCTION OF FACILITY 18) BOSSIER PARISH COMMUNITY COLLEGE, BOSSIER CITY CAMPUS, BOSSIER PARISH SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) BUILDING $18,500,000 CONSTRUCTION OF FACILITY 19) CENTRAL LOUISIANA TECHNICAL COMMUNITY COLLEGE, ALEXANDRIA CAMPUS, RAPIDES PARISH WORKFORCE INDUSTRIAL TRAINING CAMPUS $19,000,000 CONSTRUCTION OF FACILITY 20) DELGADO COMMUNITY COLLEGE, RIVER CITY CAMPUS, WEST BANK, JEFFERSON PARISH TRAINING CENTER FOR TRANSPORTATION, MARITIME, ENGINEERING $14,000,000 CONSTRUCTION OF FACILITY 21)DELGADO COMMUNITY COLLEGE, AVONDALE, JEFFERSON PARISH ADVANCED MANUFACTURING CENTER OF EXCELLENCE $10,000,000 CONSTRUCTION OF FACILITY 22) LOUISIANA DELTA COMMUNITY COLLEGE, WINNSBORO, FRANKLIN PARISH TECHNOLOGY AND CAREER PROGRAM TRAINING CENTER $ 4,590,000 EXPANSION OF CAMPUS AND RENOVATION 23) LOUISIANA DELTA COMMUNITY COLLEGE, JONESBORO, JACKSON PARISH WELDING, VEHICLE OPERATION AND INDUSTRIAL TRAINING CENTER $ 2,700,000 EXPANSION OF CAMPUS AND RENOVATION 24) NORTHSHORE TECHNICAL COMMUNITY COLLEGE, LACOMBE, ST. TAMMANY PARISH TRAINING CENTER FOR INDUSTRIAL TECHNOLOGIES $ 9,000,000 CONSTRUCTION OF FACILITY 25) NORTHWEST LOUISIANA TECHNICAL COLLEGE, MINDEN CAMPUS, WEBSTER PARISH WORKFORCE DEVELOPMENT CENTER $ 2,250,000 CONSTRUCTION OF FACILITY 26) RIVER PARISHES COMMUNITY COLLEGE, GONZALES, ASCENSION PARISH CENTER FOR ADVANCE TECHNOLOGY $ 8,100,000 CONSTRUCTION OF FACILITY 27) SOUTH CENTRAL LOUISIANA TECHNICAL COLLEGE, RIVER PARISHES CAMPUS, RESERVE, ST. JOHN THE BAPTIST PARISH NEW PTECH BUILDING $ 3,888,000 CONSTRUCTION OF FACILITY 28) SOUTH CENTRAL LOUISIANA TECHNICAL COLLEGE, RIVER PARISHES CAMPUS, RESERVE, ST. JOHN THE BAPTIST PARISH CENTER FOR ADVANCEMENT OF TECHNICAL EDUCATION BUILDING $3,712,500 CONSTRUCTION OF FACILITY 29) SOUTH CENTRAL LOUISIANA TECHNICAL COLLEGE, YOUNG MEMORIAL CAMPUS, MORGAN CITY, ST. MARY PARISH MARINE OPERATIONS AND INDUSTRIAL SAFETY TRAINING CENTER $ 3,330,000 CONSTRUCTION OF FACILITY 30) SOUTH LOUISIANA COMMUNITY COLLEGE, LAFAYETTE CAMPUS, LAFAYETTE PARISH ALLIED HEALTH AND SCIENCE TRAINING PROGRAM BUILDING $15,000,000 CONSTRUCTION OF FACILITY 31) SOWELA TECHNICAL COMMUNITY COLLEGE, MAIN CAMPUS, LAKE CHARLES, CALCASIEU PARISH ONE STOP SHOP FOR STUDENT PROGRAMS AND SERVICES $ 7,200,000 CONSTRUCTION OF FACILITY

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “To repair, improve, renovate, and construct facilities on fourteen of the existing campuses of the louisiana community and technical college system.”.

When discussing its purpose, they were characterized as: “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 and act 360 of the 2013 regular session of the louisiana legislature; paying capitalized interest on the series 2009, 2010, 2014, 2017 & 2018 bonds; funding a debt service reserve fund; and paying costs of issuance of the series 2009, 2010, 2014, 2017 & 2018 bonds, including the premiums for the bond insurance policies insuring the series 2009a, 2010, 2014, 2017 & 2018 bonds.”.

The state in which the non-profit is legally authorized to operate is LA, as reported.
The filing confirms that the non-profit's address in 2020 was 201 ST CHARLES AVE SUITE 4240, NEW ORLEANS, LA, 70170.
The form of the non-profit reports 0 employees as of 2020.
Is not a private foundation.
Expenses are greater than $1,000,000.
Revenue is greater than $1,000,000.
Revenue less expenses is $6,040,529.
The organization has 4 independent voting members.
The organization was formed in 2007.
The organization pays $0 in salary, compensation, and benefits to its employees.
The organization pays $0 in fundraising expenses.

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