Education
Lctcs Facilities Corporation
METAIRIE, LA
Total revenue
$32.2M
Total expenses
$22.9M
Net assets
$118.8M
Grants received
—
EIN
261871311
Tax year
2024
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 2014,2017,2018 & 2019 bonds; funding a debt service reserve fund; and paying costs of issuance of the series 2014,2017,2018 & 2019 bonds, including the premiums for the bond insurance policies insuring the series 2014,2017,2018 & 2019 bonds.
Financials
FY 2024
Revenue
Expenses
People
4 listed
STEPHEN C SMITH
BOARD CHAIR
—
8 hrs/wk
LAMBERT C BOISSIERE JR
BOARD SECRETARY/TREASURER
—
0.5 hrs/wk
JUDGE U GENE THIBODEAUX
BOARD DIRECTOR
—
0.5 hrs/wk
BILLY WAYNE MONTGOMERY
BOARD DIRECTOR
—
0.5 hrs/wk
Independent contractors
UNITED PROFESSIONALS COMPANY
CONSULTING SERVICES