2025-10-31T14:55:53-04:00 2025-06-30 721312658 DEWITT GIGER LLP 1871 HUDSON CIR MONROE LA 71201 990 2024-07-01 201116697 UNIVERSITY OF LOUISIANA MONROE FACILITIES INC UNIV 3183421961 700 UNIVERSITY AVE STE 623 MONROE LA 712092000 DAN ROBERTSON PRESIDENT 3183421965 2025-10-20 true true PHILLIP L GIGER CPA P00028083 3183888975 2025-10-27 2024 2025-03-06 01:10:19Z DAN ROBERTSON 700 UNIVERSITY AVE STE 623 MONROE LA 712092000 12812122 false X N/A X 2004 LA PROVIDE STUDENT HOUSING & OTHER STUDENT FACILITIES FOR THE UNIVERSITY OF LOUISIANA MONROE CAMPUS. 9 9 0 0 1230641 1197252 10742980 11372900 315713 241970 0 12289334 12812122 0 0 0 0 0 15809333 15828034 15809333 15828034 -3519999 -3015912 89083299 88141849 53854707 55929169 35228592 32212680 X PROVIDE STUDENT HOUSING & OTHER STUDENT FACILITIES FOR THE UNIVERSITY OF LOUISIANA MONROE CAMPUS. false false 15828034 11372900 THE UNIVERSITY OF LOUISIANA MONROE FACILITIES WAS FORMED FOR THE BENEFIT OF THE UNIVERSITY OF LOUISIANA MONROE AND ITS PRINCIPAL PURPOSE IS TO COORDINATE, CONSTRUCT, AND FINANCE THE DEVELOPMENT OF FACILITIES ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA AT MONROE AND TO OVERSEE THE MANAGEMENT OF SUCH FACILITIES. CERTAIN OPERATIONS ARE REGULATED BY THE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM, THE LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY, AND REGIONS BANK THROUGH THE PROVISIONS OF A GROUND AND BUILDINGS LEASE AGREEMENT, A FACILITIES LEASE AGREEMENT, A LOAN AND ASSIGNMENT AGREEMENT, AND A TRUST INDENTURE, INCLUDING AMENDMENTS AND SUPPLEMENTS, AS APPLICABLE. THE UNIVERSITY OF LOUISIANA MONROE FACILITIES HAS COMPLETED THE NEW CONSTRUCTION AND/OR RENOVATION OF SOME TEN (10) HOUSING UNITS, STUDENT HEALTH CENTER, STUDENT UNION, THE CLARKE M. WILLIAMS STUDENT SUCCESS CENTER, AND THE INSTALLATION/CONSTRUCTION OF SCOREBOARDS, CHAIR-BACK SEATING, AND DUGOUTS AT VARIOUS ATHLETIC VENUES ON THE CAMPUS OF UNIVERSITY OF LOUISIANA MONROE AND THE INSTALLATION OF TWO ELECTRONIC DISPLAY BOARDS. IN 2014, THE UNIVERSITY OF LOUISIANA MONROE FACILITIES HAS ENTERED INTO AGREEMENTS TO INSTALL NEW ARTIFICIAL TURF AND DRAINAGE SYSTEM FOR MALONE STADIUM; DEVELOPMENT OF A DOPPLER RADAR FACILITY; AND CONSTRUCTION OF THE INTERNATIONAL STUDENT FACILITY. IN 2015, THE UNIVERSITY OF MONROE FACILITIES HAS ENTERED INTO AGREEMENTS WITH THE UNIVERSITY OF LOUISIANA AT MONROE AND THE UNIVERSITY OF LOUISIANA MONROE ATHLETIC FOUNDATION, INC. TO CONSTRUCT THE FIELD HOUSE AT THE UNIVERSITY OF LOUISIANA MONROE MALONE STADIUM. ALSO IN 2015, THE ORGANIZATION HAS ENTERED INTO CONTRACTS FOR THE CONSTRUCTION OF THE DOPPLER RADAR; RENOVATION OF MASUR HALL; AND PAVING OF COMMONS II PARKING LOT; ALL ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA MONROE. IN 2016, THE ORGANIZATION COMPLETED INSTALLATION OF THE NEW ARTIFICIAL TURF AND DRAINAGE SYSTEM AS WELL AS THE FIELD HOUSE AT THE UNIVERSITY OF LOUISIANA MONROE MALONE STADIUM. IN ADDITION, THE RENOVATION OF MASUR HALL AND THE PAVING OF COMMONS II PARKING LOT WAS COMPLETED IN 2016. THE ORGANIZATION ENTERED INTO A GROUND LEASE AND A FACILITIES LEASE AGREEMENT IN 2016 FOR THE PURPOSE OF DEVELOPING, DESIGNING, RENOVATING AND CONSTRUCTING A STUDENT CENTER ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA MONROE. IN 2017, THE ORGANIZATION ENTERED INTO A GROUND LEASE AND A FACILITIES LEASE AGREEMENT FOR THE PURPOSE OF ACQUIRING, DESIGNING, DEVELOPING, CONSTRUCTING AND RENOVATING THE RECONSTRUCTION OF BROWN STADIUM AND PARKING ADJACENT THERETO ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA AT MONROE. DURING THE YEAR ENDED JUNE 30, 2018, THE DOPPLER RADAR AND STUDENT EVENT CENTER WERE COMPLETED. ALSO, DURING THE YEAR ENDED JUNE 30, 2018, THE FACILITIES ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD OF SUPERVISORS OF ULM, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING, DESIGNING, TESTING, SURVEYING, AND EQUIPPING AN AREA OF MALONE STADIUM INTO A NEW ATHLETIC TREATMENT FACILITY. THIS NEW ATHLETIC TREATMENT FACILITY WAS COMPLETED DURING THE YEAR ENDED JUNE 30, 2019. ALSO, DURING THE YEAR ENDED JUNE 30, 2019, THE FACILITIES ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM, ON BEHALF OF ULM, FOR THE PURPOSE OF DEVELOPING AND CONSTRUCTING A GOLF HOUSE AND THE WALLY JONES GOLF COMPLEX. THE RECONSTRUCTION OF BROWN STADIUM AND PARKING ADJACENT THERETO WERE COMPLETED DURING THE YEAR ENDED JUNE 30, 2020. ALSO, DURING THE YEAR ENDED JUNE 30, 2020, THE WALLY JONES GOLF COMPLEX WAS COMPLETED. DURING THE YEAR ENDED JUNE 30, 2021, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTION, DEVELOPING, DESIGNING, CONSTRUCTING, AND EQUIPPING THE NEW STUDENT HUB FACILITY. THIS PROJECT WAS COMPLETED IN AUGUST OF 2022 AND THE FACILITIES WERE PLACED INTO SERVICE. ON MARCH 1, 2022, THE ORGANIZATION ENTERED INTO A COOPERATIVE ENDEAVOR AGREEMENT WITH ULM AND THE ULM FOUNDATION WHEREBY THE ORGANIZATION WILL FACILITATE AND OVERSEE THE DEVLOPMENT, DESIGN, AND CONSTRUCTON OF A CONSTRUCTION LABORATORY FACILITY ON LAND OWNED BY THE ORGANIZATION AND ADJACENT TO THE ULM SCHOOL OF CONSTRUCTION MANAGEMENT ON THE ULM CAMPUS. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF DEVELOPING, DESIGNING, CONSTRUCTING, AND EQUIPPING THE SOFTBALL STUDENT ATHLETE LEADERSHIP CENTER. IN CONNECTION WITH THE SOFTBALL PROJECT, THE ORGANIZATION CONTRACTED WITH VARIOUS PROFESSIONALS REQUIRED TO COMPLETE THE PROJECT. OWNERSHIP OF THE FACILITY WAS TRANSFERRED TO ULM DURING THE YEAR ENDED JUNE 30, 2023. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING DRAINAGE AND INSTALLING AN ARTIFICIAL TURF FIELD ON THE ULM CAMPUS FOR THE ULM SOFTBALL TEAM. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING DRAINAGE AND INSTALLING AN ARTIFICIAL TURF FIELD AT MALONE STADIUM ON THE ULM CAMPUS. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING A SHORT GAME PRACTICE FACILITY AT THE WALLY JONES GOLF COMPLEX ON THE ULM CAMPUS. 15828034 true false false false false false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false 19 0 0 false false false false false false false false false false false false false false X 9 9 false false false false false true true true true false false false false false false false false false X ULM FACILITIES INC 3183421965 700 UNIVERSITY AVE SUITE 623 MONROE LA 712092000 X DAN ROBERTSON PRESIDENT X X 0 0 0 L J HOLLAND VICE PRESIDE X X 0 0 0 CHRIS RINGO DIRECTOR X 0 0 0 TODD LITTLE DIRECTOR X 0 0 0 WILLIAM T GRAVES DIRECTOR X 0 0 0 KRISTI DAVIS EXEC DIR X 0 0 0 JOHN JONES SECRETARY X X 0 0 0 CHANCE EPPINETTE DIRECTOR X 0 0 0 CHARLES HEROLD LEGAL COUNSE X 0 0 0 false false false 1197252 1197252 RENT INCOME 8753065 8753065 STUDENT FEES 2558987 2558987 OTHER INCOME 60848 60848 11372900 241970 241970 12812122 11372900 241970 X 1815067 1815067 1170326 1170326 4546740 4546740 4197496 4197496 PROPERTY MANAGEMENT EXP 4064684 4064684 BAD DEBT EXPENSE 33721 33721 15828034 15828034 0 0 8602259 11302324 740577 480438 124443697 48084610 79740463 76359087 89083299 88141849 25533 70661 53064613 54563333 764561 1295175 53854707 55929169 X 35228592 32212680 35228592 32212680 89083299 88141849 -3015912 X false true X true true true X 365177 4733089 21578185 1230641 1197252 29104344 365177 4733089 21578185 1230641 1197252 29104344 19991746 9112598 4035 4987 271626 315713 241970 838331 29942675 51996901 0.30430 0.29720 X THE ORGANIZATION MEETS THE FACTS AND CIRCUMSTANCES TEST AS FOLLOWS. 1. THE ORGANIZATION RECEIVES ALL ITS SUPPORT FROM GOVERNMENTAL UNITS AND FEES PAID BY THE STUDENT BODY OF THE UNIVERSITY. 2. THE GOVERNING BODY IS COMPRISED OF INDIVIDUALS WITH PARTICULAR KNOWLEDGE IN THE FIELD AND COMMUNITY AND ORGANIZATION LEADERS REPRESENTING A BROAD SPECTRUM OF KNOWLEDGE, VIEWS, AND INTERESTS. 3. THE ORGANIZATION PROVIDES FACILITIES THAT DIRECTLY BENEFIT THE PUBLIC AND THE STUDENT BODY OF THE UNIVERSITY, SUCH AS DORMITORIES AND ATHLETIC FACILITIES. PART II, LINE 17A THE ORGANIZATION MEETS THE FACTS AND CIRCUMSTANCES TEST AS FOLLOWS. 1. THE ORGANIZATION RECEIVES ALL ITS SUPPORT FROM GOVERNMENTAL UNITS AND FEES PAID BY THE STUDENT BODY OF THE UNIVERSITY. 2. THE GOVERNING BODY IS COMPRISED OF INDIVIDUALS WITH PARTICULAR KNOWLEDGE IN THE FIELD AND COMMUNITY AND ORGANIZATION LEADERS REPRESENTING A BROAD SPECTRUM OF KNOWLEDGE, VIEWS, AND INTERESTS. 3. THE ORGANIZATION PROVIDES FACILITIES THAT DIRECTLY BENEFIT THE PUBLIC AND THE STUDENT BODY OF THE UNIVERSITY, SUCH AS DORMITORIES AND ATHLETIC FACILITIES. 3776842 3776842 98573928 34215378 64358550 11314636 8293222 3021414 10778291 5576010 5202281 76359087 DEFERRED REVENUES - STUDENT RENTS 601611 DUE TO ULM 522737 ACCRUED INTEREST-BONDHOLDERS 170827 1295175 12812122 12812122 12812122 15828034 15828034 15828034 FORM 990, PAGE 2, PART III, LINE 4A THE UNIVERSITY OF LOUISIANA MONROE FACILITIES WAS FORMED FOR THE BENEFIT OF THE UNIVERSITY OF LOUISIANA MONROE AND ITS PRINCIPAL PURPOSE IS TO COORDINATE, CONSTRUCT, AND FINANCE THE DEVELOPMENT OF FACILITIES ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA AT MONROE AND TO OVERSEE THE MANAGEMENT OF SUCH FACILITIES. CERTAIN OPERATIONS ARE REGULATED BY THE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM, THE LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY, AND REGIONS BANK THROUGH THE PROVISIONS OF A GROUND AND BUILDINGS LEASE AGREEMENT, A FACILITIES LEASE AGREEMENT, A LOAN AND ASSIGNMENT AGREEMENT, AND A TRUST INDENTURE, INCLUDING AMENDMENTS AND SUPPLEMENTS, AS APPLICABLE. THE UNIVERSITY OF LOUISIANA MONROE FACILITIES HAS COMPLETED THE NEW CONSTRUCTION AND/OR RENOVATION OF SOME TEN (10) HOUSING UNITS, STUDENT HEALTH CENTER, STUDENT UNION, THE CLARKE M. WILLIAMS STUDENT SUCCESS CENTER, AND THE INSTALLATION/CONSTRUCTION OF SCOREBOARDS, CHAIR-BACK SEATING, AND DUGOUTS AT VARIOUS ATHLETIC VENUES ON THE CAMPUS OF UNIVERSITY OF LOUISIANA MONROE AND THE INSTALLATION OF TWO ELECTRONIC DISPLAY BOARDS. IN 2014, THE UNIVERSITY OF LOUISIANA MONROE FACILITIES HAS ENTERED INTO AGREEMENTS TO INSTALL NEW ARTIFICIAL TURF AND DRAINAGE SYSTEM FOR MALONE STADIUM; DEVELOPMENT OF A DOPPLER RADAR FACILITY; AND CONSTRUCTION OF THE INTERNATIONAL STUDENT FACILITY. IN 2015, THE UNIVERSITY OF MONROE FACILITIES HAS ENTERED INTO AGREEMENTS WITH THE UNIVERSITY OF LOUISIANA AT MONROE AND THE UNIVERSITY OF LOUISIANA MONROE ATHLETIC FOUNDATION, INC. TO CONSTRUCT THE FIELD HOUSE AT THE UNIVERSITY OF LOUISIANA MONROE MALONE STADIUM. ALSO IN 2015, THE ORGANIZATION HAS ENTERED INTO CONTRACTS FOR THE CONSTRUCTION OF THE DOPPLER RADAR; RENOVATION OF MASUR HALL; AND PAVING OF COMMONS II PARKING LOT; ALL ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA MONROE. IN 2016, THE ORGANIZATION COMPLETED INSTALLATION OF THE NEW ARTIFICIAL TURF AND DRAINAGE SYSTEM AS WELL AS THE FIELD HOUSE AT THE UNIVERSITY OF LOUISIANA MONROE MALONE STADIUM. IN ADDITION, THE RENOVATION OF MASUR HALL AND THE PAVING OF COMMONS II PARKING LOT WAS COMPLETED IN 2016. THE ORGANIZATION ENTERED INTO A GROUND LEASE AND A FACILITIES LEASE AGREEMENT IN 2016 FOR THE PURPOSE OF DEVELOPING, DESIGNING, RENOVATING AND CONSTRUCTING A STUDENT CENTER ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA MONROE. IN 2017, THE ORGANIZATION ENTERED INTO A GROUND LEASE AND A FACILITIES LEASE AGREEMENT FOR THE PURPOSE OF ACQUIRING, DESIGNING, DEVELOPING, CONSTRUCTING AND RENOVATING THE RECONSTRUCTION OF BROWN STADIUM AND PARKING ADJACENT THERETO ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA AT MONROE. DURING THE YEAR ENDED JUNE 30, 2018, THE DOPPLER RADAR AND STUDENT EVENT CENTER WERE COMPLETED. ALSO, DURING THE YEAR ENDED JUNE 30, 2018, THE FACILITIES ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD OF SUPERVISORS OF ULM, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING, DESIGNING, TESTING, SURVEYING, AND EQUIPPING AN AREA OF MALONE STADIUM INTO A NEW ATHLETIC TREATMENT FACILITY. THIS NEW ATHLETIC TREATMENT FACILITY WAS COMPLETED DURING THE YEAR ENDED JUNE 30, 2019. ALSO, DURING THE YEAR ENDED JUNE 30, 2019, THE FACILITIES ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM, ON BEHALF OF ULM, FOR THE PURPOSE OF DEVELOPING AND CONSTRUCTING A GOLF HOUSE AND THE WALLY JONES GOLF COMPLEX. THE RECONSTRUCTION OF BROWN STADIUM AND PARKING ADJACENT THERETO WERE COMPLETED DURING THE YEAR ENDED JUNE 30, 2020. ALSO, DURING THE YEAR ENDED JUNE 30, 2020, THE WALLY JONES GOLF COMPLEX WAS COMPLETED. DURING THE YEAR ENDED JUNE 30, 2021, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTION, DEVELOPING, DESIGNING, CONSTRUCTING, AND EQUIPPING THE NEW STUDENT HUB FACILITY. THIS PROJECT WAS COMPLETED IN AUGUST OF 2022 AND THE FACILITIES WERE PLACED INTO SERVICE. ON MARCH 1, 2022, THE ORGANIZATION ENTERED INTO A COOPERATIVE ENDEAVOR AGREEMENT WITH ULM AND THE ULM FOUNDATION WHEREBY THE ORGANIZATION WILL FACILITATE AND OVERSEE THE DEVLOPMENT, DESIGN, AND CONSTRUCTON OF A CONSTRUCTION LABORATORY FACILITY ON LAND OWNED BY THE ORGANIZATION AND ADJACENT TO THE ULM SCHOOL OF CONSTRUCTION MANAGEMENT ON THE ULM CAMPUS. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF DEVELOPING, DESIGNING, CONSTRUCTING, AND EQUIPPING THE SOFTBALL STUDENT ATHLETE LEADERSHIP CENTER. IN CONNECTION WITH THE SOFTBALL PROJECT, THE ORGANIZATION CONTRACTED WITH VARIOUS PROFESSIONALS REQUIRED TO COMPLETE THE PROJECT. OWNERSHIP OF THE FACILITY WAS TRANSFERRED TO ULM DURING THE YEAR ENDED JUNE 30, 2023. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING DRAINAGE AND INSTALLING AN ARTIFICIAL TURF FIELD ON THE ULM CAMPUS FOR THE ULM SOFTBALL TEAM. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING DRAINAGE AND INSTALLING AN ARTIFICIAL TURF FIELD AT MALONE STADIUM ON THE ULM CAMPUS. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING A SHORT GAME PRACTICE FACILITY AT THE WALLY JONES GOLF COMPLEX ON THE ULM CAMPUS. FORM 990, PAGE 6, PART VI, LINE 7A THE PRESIDENT OF THE UNIVERSITY OF LOUISIANA MONROE SHALL NOMINATE ONE OR MORE CANDIDATES TO FILL EACH OF THE UNIVERSITY SEATS TO BE FILLED. ANY DIRECTOR WHOSE AT LARGE SEAT IS NOT BEING FILLED SHALL HAVE THE RIGHT TO NOMINATE ONE OR MORE CANDIDATES TO FILL EACH OF THE AT LARGE SEATS TO BE FILLED. AT THE ANNUAL MEETING OF THE CORPORATION, ALL NOMINATIONS SHALL BE DELIVERED TO AND VOTED UPON BY EACH OF THE DIRECTORS WHOSE SEATS ARE NOT BEING FILLED (BOTH THOSE HOLDING UNIVERSITY SEATS AND THOSE HOLDING AT LARGE SEATS), AND SUCH DIRECTORS SHALL, BY MAJORITY VOTE, ELECT A DIRECTOR(S) TO FILL THE BOARD SEAT(S) FROM THE NOMINEES SELECTED WITH THE CANDIDATE(S) RECEIVING THE GREATEST NUMBER OF VOTES ELECTED TO THE BOARD. FORM 990, PAGE 6, PART VI, LINE 7B ALL DECISIONS FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART IX, LINE 11G ADMINISTRATIVE EXPENSES 1,815,067 0 0