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    South Louisiana Facilities Corp

    Mission

    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.

    BATON ROUGE LA | EIN: 73-1636441
    Is this your nonprofit?
    501(c)(3) organization
    301 MAIN ST STE 2300,
    BATON ROUGE LA 70801-0027
    URL not available
    225-381-8028

    South Louisiana Facilities Corp

    Mission

    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.

    BATON ROUGE LA | EIN: 73-1636441
    Is this your nonprofit?
    501(c)(3) organization
    301 MAIN ST STE 2300,
    BATON ROUGE LA 70801-0027
    URL not available
    225-381-8028

    Beacon Report

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    • Good
    • Needs Improvement
    • Poor
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    • Additional Information
    Accountability Panel
    ScoreMetric
    0%
    Website Reported on Tax Form:No
    100%
    No Material Diversion of Assets:Yes
    100%
    Financial Statements:Yes
    100%
    Records Retention Policy:Yes
    0%
    Tax Form Disclosed on Website:No
    Science behind the numbers(opens in new tab)