Delta Campus Facilities Corporation
- Assets
- $25.9m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, LA
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 20-2536289
Organization Overview
Delta Campus Facilities Corporation is located in Monroe, LA. The organization was established in 2005. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delta Campus Facilities Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Delta Campus Facilities Corporation generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION, AS LESSOR, LEASES THE NEWLY BUILT FACILITIES TO LOUISIANA DELTA COMMUNITY COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION OF THE LA DELTA COMMUNITY COLLEGE STRUCTURAL COMPONENTS HAVE BEEN COMPLETED AS OF THE 2010 TAX YEAR. ADDITIONAL NON-INFRASTRUCTURE RELATED CONSTRUCTION WAS COMPLETED DURING THE 2012 TAX YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clyde White President | Officer | 5 | $0 |
Paul Price Secretary/treas | Trustee | 2 | $0 |
Ann Hayward Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,138,694 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,153,694 |
| Total Program Service Revenue | $0 |
| Investment income | $787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,154,481 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $441,820 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,108,702 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,691,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,583,499 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,184 |
| Net Land, buildings, and equipment | $23,076,166 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $252,307 |
| Other assets | $0 |
| Total assets | $25,919,156 |
| Accounts payable and accrued expenses | $180,738 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $14,890,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,900,950 |
| Total liabilities | $16,971,688 |
| Net assets without donor restrictions | $398,017 |
| Net assets with donor restrictions | $8,549,451 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,919,156 |
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|---|---|---|
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Unam-Usa San Antonio, TX | $1,629,192 | $3,843,088 |
Center For Venture Education Inc Austin, TX | $106,820,676 | $4,487,131 |
Commonwealth Institute Of Funeral Service Houston, TX | $8,054,395 | $3,674,462 |
Lion Athletic Association Hammond, LA | $2,289,919 | $1,876,980 |
Delta Campus Facilities Corporation Monroe, LA | $25,919,156 | $3,154,481 |
International A L E R T Academy Big Sandy, TX | $844,337 | $1,167,358 |
Victoria College Foundation Inc Victoria, TX | $20,046,408 | $4,182,138 |
Louisiana Baptist University Shreveport, LA | $3,274,733 | $698,291 |
Education Alternatives Inc Fort Worth, TX | $649,007 | $757,814 |
Santa Reparata International School Of Art San Antonio, TX | $830,173 | $474,456 |
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