IRS 990 Nonprofit Profile
South Louisiana Facilities Corporation (formerly Slcc Facilities Corporation)
The exempt purpose of the corporation is to construct a building with academic facilities and offices for the south louisiana community college (slcc), a state community college operated by the louisiana community and technical college system (lctcs), a state institution. the corporation leases real property located in lafayette, louisiana from the lctcs and constructed a building on the campus of slcc. the construction was financed through a bond issue by the lafayette public trust financing authority (lptfa). the facilities are leased to lctcs under a net lease with an option to purchase the facilities. the lease payments from the lease are used to repay the bond financing.
- Filing year
- 2024
- Total revenue
- $1.5M
- Total expenses
- $558K
- Program expenses
- $543K
- Administration
- $15K
- Fundraising
- $0
- Program share of expenses
- 97%
- EIN
- 731636441
- Location
- Baton Rouge, LA
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Financial data on this page is sourced from IRS Form 990 filings.