2025-11-13T17:22:43-05:00 2024-12-31 473172584 J BROCKLEHURST CPA PLLC 3900 WESTERRE PARKWAY SUITE 300 RICHMOND VA 23233 990 2024-01-01 201612906 LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION LONG 4343952086 315 WEST THIRD STREET FARMVILLE VA 23901 LORI BLACKWOOD EXECUTIVE DIRECTOR 4343952086 2025-11-12 true true JANET L BROCKLEHURST P00449539 8047290023 2025-11-12 2024 2025-03-06 01:10:19Z LORI BLACKWOOD 315 WEST THIRD ST FARMVILLE VA 23901 36303314 false X WWW.LONGWOOD.EDU/REALESTATEFOUNDATION X 2004 VA THE MISSION OF THE FOUNDATION IS TO ACQUIRE, DEVELOP, FINANCE, LEASE, HOLD, OPERATE, MANAGE AND DISPOSE OF REAL PROPERTY ASSETS AND INTERESTS FOR LONGWOOD UNIVERSITY. 16 9 15 36471 27531 1308875 6108706 26688925 27545497 1659323 1435710 -7940 36471 29649183 35126384 5270000 4500000 0 319355 477402 0 11451 31057854 33600021 36647209 38577423 -6998026 -3451039 301484487 298140860 335070479 334657692 -33585992 -36516832 THE MISSION OF THE FOUNDATION IS TO ACQUIRE, DEVELOP, FINANCE, LEASE, HOLD, OPERATE, MANAGE AND DISPOSE OF REAL PROPERTY ASSETS AND INTERESTS FOR LONGWOOD UNIVERSITY. false false 38160762 4500000 27545497 ALL PROGRAM ACTIVITIES RELATE TO THE ACQUISITION, DEVELOPMENT, FINANCING, LEASING, HOLDING, OPERATING, MANAGEMENT AND DISPOSAL OF REAL PROPERTY ASSETS AND INTERESTS OF LONGWOOD UNIVERSITY. 38160762 true false false false false false false false false false true false false true true false true true false false false false false false false false false true false false true false false false false false false false false false false true false false false true true false false false true 32 0 15 true true true false false false false false false false false false false false false false X 16 9 false false false false false false false true true false false false true false false false false true true false VA X LORI BLACKWOOD 4343952358 315 WEST THIRD STREET FARMVILLE VA 23901 LORI BLACKWOOD EXECUTIVE DI 40.00 X X 0 66494 25096 LOUISE W WALLER DIRECTOR 2.00 X 40000 0 0 TROY S AUSTIN DIRECTOR 1.00 X 0 0 0 DEBBIE D EPPERSON DIRECTOR 1.00 X 0 0 0 MICHAEL A EVANS DIRECTOR 1.00 X 0 0 0 WILLIAM FIEGE DIRECTOR 1.00 X 0 0 0 COURTNEY HODGES DIRECTOR 2.00 X 0 0 0 GREGORY F FAWCETT II DIRECTOR 1.00 X 0 0 0 JOHN W DANIEL II PRESIDENT 2.00 X X 0 0 0 W TAYLOR REVELEY IV DIRECTOR 2.00 X 0 0 0 MATT MCGREGOR DIRECTOR 2.00 X 0 0 0 E DUFFY MYRTETUS DIRECTOR 1.00 X 0 0 0 CAMERON PATTERSON DIRECTOR 1.00 X 0 0 0 TIM PIERSON DIRECTOR 1.00 X 0 0 0 SHERRY SWINSON DIRECTOR 1.00 X 0 0 0 LUCIA ANNA PIA TRIGIANI DIRECTOR 1.00 X 0 0 0 SHERRI MOORE SECRETARY 40.00 X 0 0 0 40000 66494 25096 false false false ENGLISH CONSTRUCTION 615 CHURCH STREET LYNCHBURG VA 24504 CONSTRUCTION 2625611 JM HAYDEN CONSTRUCTION 946 TALLENT TOWN RD WARSAW VA 22572 CONSTRUCTION 779497 SHETLAND DEVELOPMENT LLC 2229 SAN FELIPE SUITE 1400 HOUSTON TX 77019 MARKETING 301325 RAYMOND JAMES 5820 PATTERSON AVE SUITE 100 RICHMOND VA 23226 CONSULTING 200000 MBS CONSTRUCTION 264 WATSON ST FARMVILLE VA 23901 CONSTRUCTION 121350 5 2315448 3793258 389900 6108706 RENT 531110 24895674 24895674 WETLANDS MITIGATION 531190 2216205 2216205 OTHER PROGRAM INCOME 531390 154041 154041 PARKING 531390 145477 145477 STUDENT ATHLETE PROGRAMS 531390 134100 134100 27545497 1666584 1666584 387802 351331 36471 36471 36471 698690 929564 -230874 -230874 -230874 35126384 27545497 36471 1435710 4500000 4500000 111184 95614 15570 366218 272520 82247 11451 48256 21938 26318 75752 75752 508245 397062 111183 3600 3600 81765 81765 5303392 5303392 16163143 16163143 8174239 8174239 564746 564746 FACILITY MANAGEMENT COSTS 1589777 1589777 MITIGATION BANK COSTS 656715 656715 OTHER PROGRAM EXP 262495 253720 8775 DESIGN & OTHER PROP COSTS 167896 167896 38577423 38160762 405210 11451 4725882 6956152 130411 5686195 285133083 71907180 217474644 213225903 79153550 72272610 301484487 298140860 9216292 9041118 292435000 291835000 29817479 28197545 1451647 3451647 2150061 2132382 335070479 334657692 X -34015770 -39601918 429778 3085086 -33585992 -36516832 301484487 298140860 X -3451039 520199 X false true X true true true X X 1 LONGWOOD UNIVERSITY 546001788 6 true 4500000 0 1 4500000 0 true false false false false false false false false false false false false false false false PART IV, SECTION C, LINE 1 THE REAL ESTATE FOUNDATION BOARD OF DIRECTORS IS APPOINTED BY LONGWOOD UNIVERSITY BOARD OF VISITORS AND INCLUDES 4 EX-OFFICIO DIRECTORS THAT HOLD OFFICIAL POSITIONS AT THE UNIVERSITY. SUPPLEMENTAL INFORMATION THE FOUNDATION PROVIDES LEASING OF STUDENT HOUSING AND OTHER STUDENT RELATED FACILITIES TO LONGWOOD UNIVERSITY (THE SUPPORTED ORGANIZATION) AND SUPPORTS GENERAL REAL ESTATE AND PROPERTY MANAGEMENT FOR THE UNIVERSITY. IN ADDITION TO ANY MONETARY SUPPORT, THE FOUNDATION PROVIDES ACCESS TO THE FACILITIES UNDER LEASE AGREEMENTS, AND PAYS MANAGEMENT AND OTHER ANCILLARY SERVICE FEES TO THE UNIVERSITY. SEE SCHEDULE R. 17192275 17192275 241951284 56946774 185004510 7577136 5460639 2116497 18412388 9499767 8912621 213225903 RESTRICTED DEPOSITS AND RESERVES 40742125 RIGHT OF USE ASSET - LAND LEASE 20404647 DUE FROM LONGWOOD 10742934 GRANTS RECEIVABLE 377032 OTHER RECEIVABLES 5872 72272610 BOND DISCOUNT & PREMIUM 8329357 LOAN COSTS -6196975 2132382 35997914 520199 520199 35477715 -351331 -351331 35126384 38928754 351331 351331 38577423 38577423 SCHEDULE D, PAGE 4, PART XI, LINE 4B RENTAL EXPENSE OFFSETTING INCOME -351,331 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 351,331 true LONGWOOD UNIVERSITY 201 HIGH STREET FARMVILLE VA 23909 546001788 GOV 4500000 GENERAL SUPPORT 1 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS TO LONGWOOD UNIVERSITY ARE COORDINATED WITH UNIVERSITY PERSONNEL AND EITHER REIMBURSEMENT IN NATURE OR GENERAL SUPPORT FOR UNIVERSITY OPERATIONS WITH NO CONTINUING NEED TO MONITOR USE OF FUNDS. GRANTS TO ORGANIZATIONS OUTSIDE THE UNIVERSITY ARE TYPICALLY SPECIAL IN NATURE AND USE OF FUNDS HAVE BEEN AGREED TO FOR A SPECIAL PURPOSE PRIOR TO DISBURSEMENT OF FUNDS. A IDA OF TOWN OF FARMVILLE VA 2018A EDUC FAC REV AND REFUNDING BDS2018 546001272 311617AS3 2018-12-20 120910000 TO REFUND SERIES 2015 BONDS, FINANCE ANY RESERVES, AND PAY COST OF ISSUANCE REQUIRED UNDER THE 2018 false false false B IDA OF TOWN OF FARMVILLE VA 2020A EDUC FAC REV AND REF BONDS2020A 546001272 311617BC7 2020-06-25 121625000 THE REFUNDING OF SERIES 2017 BONDS, ACQUISITION OF LEASEHOLD INTEREST, AND REFINANCING OF DEBT. false false false C IDA OF TOWN OF FARMVILLE VA 2021 EDUC FAC REV AND REF BONDS2021 546001272 311617BE3 2021-03-29 49900000 FINANCING THE CONSTRUCTION AND EQUIPPING OF A MULTIPURPOSE SPECIAL EVENTS AND CONVOCATION CENTER FAC false false false A 126101846 2417542 2290998 13283307 108110000 2019 true false true true B 126771074 579809 2734033 123457232 2020 true false true true C 49900000 3438138 8293577 998000 37170285 2023 false false true true A false false false false false false true B false false false false false false true C false false false false false false true A false false false false false false false false false B false false false true false false false false false C false false false false false false false false false A false B false C false PURPOSE OF ISSUE DESCRIPTION IDA OF TOWN OF FARMVILLE, VA 2018A TO REFUND SERIES 2015 BONDS, FINANCE ANY RESERVES, AND PAY COST OF ISSUANCE REQUIRED UNDER THE 2018 FINANCING. PURPOSE OF ISSUE DESCRIPTION IDA OF TOWN OF FARMVILLE, VA 2020A THE REFUNDING OF SERIES 2017 BONDS, ACQUISITION OF LEASEHOLD INTEREST, AND REFINANCING OF DEBT. PURPOSE OF ISSUE DESCRIPTION IDA OF TOWN OF FARMVILLE, VA 2021 FINANCING THE CONSTRUCTION AND EQUIPPING OF A MULTIPURPOSE SPECIAL EVENTS AND CONVOCATION CENTER FACILITY. DATE REBATE COMPUTATION PERFORMED IDA OF TOWN OF FARMVILLE, VA 2020A 09/10/24 X 1 389900 APPRAISAL false true false FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY OF THE 990 IS GIVEN TO THE EXECUTIVE DIRECTOR AND THE BOARD MEMBERS FOR A PERIOD OF TIME FOR CHANGES BEFORE THE 990 IS FILED. THE FINAL FORM 990 IS PRESENTED AT THE PRECEEDING BOARD OF TRUSTEES MEETING AND ALL BOARD MEMBERS ARE PROVIDED A COPY TO REVIEW AND ASK QUESTIONS. FORM 990, PAGE 6, PART VI, LINE 15A SALARIES ARE APPROVED BY LONGWOOD UNIVERSITY. FORM 990, PAGE 6, PART VI, LINE 15B ALL SALARIES ARE APPROVED BY LONGWOOD UNIVERSITY FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 RENTAL EXPENSE OFFSETTING INCOME 351,331 RENTAL EXPENSES -351,331 LONGWOOD HOUSING FOUNDATION LLC 315 WEST THIRD STREET FARMVILLE VA 23901 HOUSING VA 24696554 197015810 NA LONGWOOD MIDTOWN CRE LLC 315 WEST THIRD STREET FARMVILLE VA 23901 RENTAL VA 686713 7307346 NA LONGWOOD RIVERVIEW LLC 315 WEST THIRD STREET FARMVILLE VA 23901 REAL PROP VA 212 7620009 NA LONGWOOD ELWOOD LLC 315 WEST THIRD STREET FARMVILLE VA 23901 RE DEVLPMT VA 996329 62375264 N/A LONGWOOD UNIVERSITY 201 HIGH STREET FARMVILLE VA 23909 546001788 HIGHER ED VA STATE 6 NA false false true false false false false false false false true true false false false false true false true true