2024-11-13T09:17:33-05:00 2023-12-31 473172584 J BROCKLEHURST CPA PLLC 3900 WESTERRE PARKWAY SUITE 300 RICHMOND VA 23233 990 2023-01-01 201612906 LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION LONG 4343952086 315 WEST THIRD STREET FARMVILLE VA 23901 LORI BLACKWOOD EXECUTIVE DIRECTOR 4343952086 2024-11-07 true false JANET L BROCKLEHURST P00449539 8047290023 2024-11-07 2023 2024-10-15 13:58:12Z LORI BLACKWOOD 32402834 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. 17 8 16 -7940 687632 1308875 24714768 26688925 794528 1659323 42246 -7940 26239174 29649183 2030000 5270000 0 314997 319355 0 13198 29984402 31057854 32329399 36647209 -6090225 -6998026 314213989 301484487 340801955 335070479 -26587966 -33585992 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 36229727 5270000 26688925 ALL PROGRAM ACTIVITIES RELATE TO THE ACQUISITION, DEVELOPMENT, FINANCING, LEASING, HOLDING, OPERATING, MANAGEMENT AND DISPOSAL OF REAL PROPERTY ASSETS AND INTERESTS OF LONGWOOD UNIVERSITY. 36229727 true true 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 false false false false true true false false false true 34 0 16 true true true false false false false false false false false false false false false false X 17 8 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 62777 23201 LOUISE W WALLER DIRECTOR 15.00 X 85500 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 1.00 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 1.00 X 0 0 0 MATT MCGREGOR DIRECTOR 1.00 X 0 0 0 E DUFFY MYRTETUS DIRECTOR 1.00 X 0 0 0 CAMERON PATTERSON 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 HUNTER WATSON DIRECTOR 1.00 X 0 0 0 SHERRI MOORE SECRETARY 40.00 X 0 0 0 85500 62777 23201 false false false SKANSKA USA BUILDING INC 8521 LEESBURG PIKE SUITE 220 VIENNA VA 22182 CONSTRUCTION 9617832 JM HAYDEN CONSTRUCTION 946 TALLENT TOWN RD WARSAW VA 22572 CONSTRUCTION 546031 RRMM ARCHITECTS PC 115 S 15TH ST SUITE 502 RICHMOND VA 23219 ARCHITECTUAL 303310 DISYS SOLUTIONS INC 44670 CAPE CT SUITE 100 ASHBURN VA 20147 IT SOLUTIONS 135468 4 1308875 1308875 RENT 531110 25211176 25211176 OTHER PROGRAM REVENUE 531190 1364990 1364990 PARKING 531390 112759 112759 26688925 1653148 1653148 355852 363792 -7940 -7940 -7940 2500000 2493825 6175 6175 6175 29649183 26695100 -7940 1653148 5270000 5270000 137182 89226 47956 139061 81833 48890 8338 35341 10807 24347 187 7771 3458 4313 57920 57010 910 59414 59414 209502 73324 135818 360 79309 79309 5833281 5833281 14367781 14367781 7368952 7368952 648100 640460 7640 FACILITY MANAGEMENT COSTS 1481878 1481878 DESIGN & OTHER PROP COSTS 588022 588022 MITIGATION BANK COSTS 261762 261762 OTHER PROGRAM EXP 101933 101933 36647209 36229727 404284 13198 12534699 4725882 117664 130411 281342338 63867694 213095554 217474644 88466072 79153550 314213989 301484487 11797922 9216292 292435000 292435000 33283180 29817479 1120973 1451647 2164880 2150061 340801955 335070479 X -42965481 -34015770 16377515 429778 -26587966 -33585992 314213989 301484487 X -6998026 X false true X true false X X 1 LONGWOOD UNIVERSITY 546001788 6 true 5240000 0 1 5240000 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17335191 17335191 240941591 49886966 191054625 7218762 5104434 2114328 15846794 8876294 6970500 217474644 RESTRICTED DEPOSITS AND RESERVES 46026545 RIGHT OF USE ASSET - LAND LEASE 20979639 DUE FROM LONGWOOD 12147366 79153550 BOND DISCOUNT & PREMIUM 8616921 LOAN COSTS -6466860 2150061 30012975 30012975 -363792 -363792 29649183 37011001 363792 363792 36647209 36647209 SCHEDULE D, PAGE 4, PART XI, LINE 4B RENTAL EXPENSE OFFSETTING INCOME -363,792 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 363,792 true LONGWOOD UNIVERSITY 201 HIGH STREET FARMVILLE VA 23909 546001788 GOV 5240000 GENERAL SUPPORT PRINCE EDWARD CO VOL RESCUE SQUAD 500 DOSWELL STREET FARMVILLE VA 23901 237013291 501C3 30000 GENERAL OPERATIONS 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 121393307 2017 true false true true B 126771074 579809 2734033 123457233 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 false false false false false false C false false false true 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 2021 03/29/23 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 363,792 RENTAL EXPENSES -363,792 LONGWOOD HOUSING FOUNDATION LLC 315 WEST THIRD STREET FARMVILLE VA 23901 HOUSING VA 24877199 204741390 NA LONGWOOD WOODLAND POND HOUSING FOUNDATION LLC 315 WEST THIRD STREET FARMVILLE VA 23901 HOUSING VA 91506 NA LONGWOOD MIDTOWN CRE LLC 315 WEST THIRD STREET FARMVILLE VA 23901 RENTAL VA 669278 7719887 NA LONGWOOD RIVERVIEW LLC 315 WEST THIRD STREET FARMVILLE VA 23901 REAL PROP VA 50 7264822 NA LONGWOOD ELWOOD LLC 315 WEST THIRD STREET FARMVILLE VA 23901 RE DEVLPMT VA 2030884 67014683 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 false false