2021-11-11T12:24:30-06:00 2021-06-30 582467226 REDDICK RIGGS HUNTER & COLSON PC POST OFFICE BOX 725 STATESBORO GA 30459 990 2020-07-01 300037158 GEORGIA SOUTHERN UNIVERSITY HOUSING FOUNDATION INC GEOR 9124787481 P O BOX 8103 STATESBORO GA 30460 RON STALNAKER TREASURER 9124787481 2021-11-02 true RON STALNAKER 999009999 PATRICIA H HUNTER CPA P00366295 9127649843 2021-11-11 2020 2022-09-23 18:48:47Z KYLE MARRERO PO BOX 8033 STATESBORO GA 30460 12677695 false X NONE X 2003 GA THE FOUNDATION'S MISSION IS TO ACQUIRE, CONSTRUCT OR IMPROVE STUDENT HOUSING OR OTHER STUDENT FACILITIES FOR GEORGIA SOUTHERN UNIVERSITY, A PUBLIC UNIVERSITY. 8 5 0 0 0 14145917 11528935 419070 1148760 0 14564987 12677695 539185 610803 0 0 0 0 10587761 16309418 11126946 16920221 3438041 -4242526 271274908 256675525 235005099 224098166 36269809 32577359 THE FOUNDATION'S MISSION IS TO ACQUIRE, CONSTRUCT OR IMPROVE STUDENT HOUSING OR OTHER STUDENT FACILITIES FOR GEORGIA SOUTHERN UNIVERSITY, A PUBLIC UNIVERSITY. false false 16711195 610803 11528935 TO ACQUIRE, CONSTRUCT OR IMPROVE STUDENT HOUSING FACILITIES OR OTHER STUDENT FACILITIES FOR GEORGIA SOUTHERN UNIVERSITY 16711195 true false false false false false false false false false true false false true true true true true false false false false false false false false false true false true true false false false false false false false false false false false false false false true true false true false true 11 0 0 false false false false false false false false false false false false false false X 8 5 false false false false false true true true true true false true true true true true true false false false GA X ROBERT L WHITAKER 9124787481 P O BOX 8103 STATESBORO GA 30458 KYLE MARRERO PRESIDENT 0.50 40.00 X X 0 444704 43564 ROBERT L WHITAKER REPRESENTATI 4.00 40.00 X 0 254435 67621 TRIP ADDISON DIRECTOR 0.50 40.00 X 0 232749 38736 MAURA COPELAND SECRETARY 2.00 40.00 X 0 173394 52079 F THOMAS DAVID BOARD CHAIR 0.50 X X 0 0 0 WILLIAM G BARTON VICE-CHAIRMA 0.50 X X 0 0 0 DANIEL PINYAN DIRECTOR 0.50 X 0 0 0 CHAD WIGGINS DIRECTOR 0.50 X 0 0 0 ROBERT F MIKELL DIRECTOR 0.50 X 0 0 0 RON STALNAKER TREASURER 0.50 40.00 X 0 179580 52554 1284862 254554 false true false ARMSTRONG APARTMENTS LLC 302 HERB RIVER RD SAVANNAH GA 31406 RENT 769607 MURRAY BARNES FINISTER LLP 5 PIEDMONT CENTER SUITE 515 ATLANTA GA 30305 LEGAL SERVICES 147090 2 LEASE INTEREST INCOME 8887612 8887612 REPLACEMENT RESERVE INCOME 1577358 1577358 FACILITIES RENTAL 1057739 1057739 GAIN ON CAPITAL LEASE 6226 6226 11528935 1025492 108917 916575 123268 123268 12677695 11637852 1039843 610803 610803 70840 70840 110 110 19250 19250 130162 83450 46712 307 307 710407 710407 494 494 6987508 6987508 32146 32146 LOSS ON REFINANCE 6971366 6971366 FACILITY REPAIRS/MAINT 1093601 1093601 AMORT OF BOND ISSUE COSTS 199713 199713 OTHER EXPENSES 93514 54237 39277 16920221 16711195 209026 0 4383704 3395640 50640720 33854346 1150000 10160 3499744 3289809 1620000 1620000 1620000 5208414 5579255 204772326 208926315 271274908 256675525 3710807 3442439 62779 56553 228990075 218476213 2241438 2122961 235005099 224098166 X 36269809 32577359 36269809 32577359 271274908 256675525 X -4242526 550076 X false true X true false X X 1 GEORGIA SOUTHERN UNIVERSITY 586002059 2 true 16711195 0 1 16711195 0 true true false false false false false false false false false false false false false true false PART IV, SECTION A, LINE 2 RELATED ORGANIZATION IS A STATE UNIVERSITY 1620000 1620000 1620000 NET INVESTMENT IN CAPITAL LEASE 194466702 CONSTRUCTION IN PROGRESS 14423458 ACCRUED INTEREST RECEIVABLE 36155 208926315 OTHER LIABILITIES 2112403 SECURITY DEPOSITS 10558 2122961 X 12677695 12677695 12677695 16920222 1 1 16920221 16920221 SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS ON JANUARY 1, 2009. AS A RESULT OF THE IMPLEMENTATION, THE FOUNDATION EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2021. THE YEARS ENDED JUNE 30, 2018 THROUGH 2021 ARE OPEN FOR POTENTIAL REVIEW AND ADJUSTMENT BY THE INTERNAL REVENUE SERVICE OR THE GEORGIA DEPARTMENT OF REVENUE UNDER THE STATUTE OF LIMITATIONS. THE ORGANIZATION HAS NO UNRELATED BUSINESS INCOME THAT COULD PRODUCE TAX LIABILITIES UNDER THE INTERNAL REVENUE CODE OR THE LAWS OF THE STATE OF GEORGIA. THEREFORE, NO TAX LIABILITY HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XII, LINE 2D ROUNDING 1 false GEORGIA SOUTHERN UNIVERSITY P O BOX 8020 STATESBORO GA 30458 586002059 GOV 610803 STUDENT HOUSING GRNT false false false false false false false false false KYLE MARRERO PRESIDENT 440000 4704 26334 17230 488268 ROBERT L WHITAKER REPRESENTATIVE 254435 51141 16480 322056 TRIP ADDISON DIRECTOR 232749 21506 17230 271485 MAURA COPELAND SECRETARY 173379 15 34849 17230 225473 RON STALNAKER TREASURER 179580 36074 16480 232134 A DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 120335AT1 2012-08-22 28310054 CONSTRUCTION OF STUDENT DINING FACILITIES false false false B DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 12033RCD6 2012-12-06 31094925 REFUND 2002 SERIES BONDS WHICH WERE USED FOR CONSTRUCTION OF STUDENT FACILITIES false false false C DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 120334CJ4 2013-03-21 29283535 REFUND 2004 SERIES BONDS, WHICH WERE USED TO CONSTRUCT STUDENT FACILITIES false false false D DEVELOPMENT AUTHORITY OF BULLOCH CO 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PURPOSE OF ISSUE DESCRIPTION DEVELOPMENT AUTHORITY OF BULLOCH CO REFUND 2002 SERIES BONDS WHICH WERE USED FOR CONSTRUCTION OF STUDENT FACILITIES PURPOSE OF ISSUE DESCRIPTION DEVELOPMENT AUTHORITY OF BULLOCH CO REFUND 2004 SERIES BONDS, WHICH WERE USED TO CONSTRUCT STUDENT FACILITIES PURPOSE OF ISSUE DESCRIPTION DEVELOPMENT AUTHORITY OF BULLOCH CO REFUND 2005 SERIES BONDS, WHICH WERE USED TO CONSTRUCT STUDENT FACILITIES DATE REBATE COMPUTATION PERFORMED DEVELOPMENT AUTHORITY OF BULLOCH CO 08/22/17 DATE REBATE COMPUTATION PERFORMED DEVELOPMENT AUTHORITY OF BULLOCH CO 12/06/17 DATE REBATE COMPUTATION PERFORMED DEVELOPMENT AUTHORITY OF BULLOCH CO 03/21/18 DATE REBATE COMPUTATION PERFORMED DEVELOPMENT AUTHORITY OF BULLOCH CO 11/17/20 A DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 120334FK8 2017-08-15 56965485 REFUND SERIES 2008 BONDS, WHICH WERE USED TO CONSTRUCT STUDENT FACILITIES false false false B SAVANNAH ECONOMIC DEV AUTHORITY 586001588 80483CMG3 2015-09-30 16817298 REFUND SERIES 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false true MORGAN STANLEY 27.600000000000 true false true D false true false false false false false false true A true B true C true D true PURPOSE OF ISSUE DESCRIPTION DEVELOPMENT AUTHORITY OF BULLOCH CO REFUND SERIES 2008 BONDS, WHICH WERE USED TO CONSTRUCT STUDENT FACILITIES PURPOSE OF ISSUE DESCRIPTION SAVANNAH ECONOMIC DEV AUTHORITY REFUND SERIES 2005A BONDS, WHICH WERE USED TO PURCHASE AND RENOVATE PROFESSIONAL AND CONTINUING EDUCATION FACILITIES PURPOSE OF ISSUE DESCRIPTION SAVANNAH ECONOMIC DEV AUTHORITY REFUND SERIES 2009 BONDS, WHICH WERE USED TO ACQUIRE, RENOVATE AND IMPROVE STUDENT FACTILIES DATE REBATE COMPUTATION PERFORMED SAVANNAH ECONOMIC DEV AUTHORITY 12/01/19 DATE REBATE COMPUTATION PERFORMED SAVANNAH ECONOMIC DEV AUTHORITY 06/15/18 A DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 120334JP3 2021-05-26 44525698 true false false A 44525698 590759 9947245 33987694 2022 false true false true A false false false false false false true A false true false false false false false false true A true FORM 990, PAGE 6, PART VI, LINE 7A THE PRESIDENT OF GEORGIA SOUTHERN UNIVERSITY (THE RELATED ORGANIZATION) HAS AUTHORITY TO APPOINT COMMUNITY MEMBERS FROM A SLATE OF NOMINEES PROPOSED BY A NOMINATING COMMITTEE CONSISTING OF FIVE COMMUNITY DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B NOTICE TO AND CONCURRENCE OF THE BOARD OF REGENTS OR INSTITUTION IS REQUIRED FOR CHANGE OF NAME, CHANGE OF MISSION, OR CHANGE OF GOVERNANCE DOCUMENTS OR STRUCTURE OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 9 F. THOMAS DAVID 106 TOWHEE TRAIL STATESBORO, GA 30458-8667 WILLIAM G. BARTON 9238 WHITFIELD AVENUE SAVANNAH, GA 31406-6942 DANIEL PINYAN 1714 BULL STREET SAVANNAH, GA 31401-7437 CHAD WIGGINS 19368 HWY 80 WEST STATESBORO, GA 30461 ROBERT F. MIKELL 607 COTTONTAIL LANE STATESBORO, GA 30461 FORM 990, PAGE 6, PART VI, LINE 11B THE TREASURER OR HIS DESIGNATED REPRESENTATIVE REVIEWS THE RETURN, WHICH IS THEN PRESENTED TO FULL BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS AND DIRECTORS ARE ANNUALLY REQUIRED TO SIGN A STATEMENT THAT WOULD IDENTIFY INTERESTS OR RELATIONSHIPS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. ANNUAL STATEMENTS ARE REVIEWED BY TREASURER AND SECRETARY FOR COMPLETENESS AND POTENTIAL CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE GOVERNING BOARD, AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE EMMA.ORG WEBSITE. FORM 990, PART XI, LINE 9 CORRECT PRIOR YEAR CONST IN PROGRESS 550,076 GSU HOUSING FOUNDATION I LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 1148869 28309421 GSUHF INC GSU HOUSING FOUNDATION II LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 1111132 22831441 GSUHF INC GSU HOUSING FOUNDATION III LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 914535 23254646 GSUHF INC GSU HOUSING FOUNDATION IV LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 1907953 45980028 GSUHF INC GSU HOUSING FOUNDATION V LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 2814960 44859112 GSUHF INC GSU HOUSING FOUNDATION VI LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 1314013 26072543 GSUHF INC GSU HOUSING FOUNDATION VII LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 1668 19597786 GSUHF INC ARMSTRONG CENTER LLC P O BOX 8103 STATESBORO GA 30460 LEASE GA 740156 13070287 GSUHF INC ASU STUDENT UNION LLC P O BOX 8103 STATESBORO GA 30460 LEASE GA 832657 21229625 GSUHF INC UNIVERSITY TERRACE LLC P O BOX 8103 STATESBORO GA 30460 LEASE GA 845144 464326 GSUHF INC ASU CEDAR GROVE LLC P O BOX 8103 STATESBORO GA 30460 LEASE GA 12042 1397150 GSUHF INC GEORGIA SOUTHERN UNIVERSITY P O BOX 8020 STATESBORO GA 30460 586002059 UNIVERSITY GA GOV 2 NA false false true false false true false false false false true true false true true true true true false false GEORGIA SOUTHERN UNIVERSITY B 610810 HOUSING GRANTS GEORGIA SOUTHERN UNIVERSITY E 2112403 GENERAL LEDGER ACCOUNT GEORGIA SOUTHERN UNIVERSITY J 20756365 LEASE AMORTIZATION SCHED GEORGIA SOUTHERN UNIVERSITY K 111 LAND LEASE AGREEMENT GEORGIA SOUTHERN UNIVERSITY M 70840 PROFESSIONAL SVCS - MGT GEORGIA SOUTHERN UNIVERSITY N INCLD IN PROF SVCS ABOVE GEORGIA SOUTHERN UNIVERSITY O INCLD IN PROF SVCS ABOVE GEORGIA SOUTHERN UNIVERSITY P 1108171 REIMB OF FACILITY REPAIRS GEORGIA SOUTHERN UNIVERSITY Q 1140082 REIMB OF FACILITY INSURAN GEORGIA SOUTHERN UNIVERSITY R 5802838 REIMB CONSTRUCTION COSTS