2020-11-11T14:10:33-06:00 2020-06-30 582467226 REDDICK RIGGS HUNTER & COLSON PC POST OFFICE BOX 725 STATESBORO GA 30459 990 2019-07-01 300037158 GEORGIA SOUTHERN UNIVERSITY HOUSING FOUNDATION INC GEOR 9124787481 P O BOX 8103 STATESBORO GA 30460 ROBERT L WHITAKER TREASURER 9124787481 2020-10-28 true PATRICIA H HUNTER CPA P00366295 9127649843 2020-11-11 66.172.95.50 2020-11-11 14:10:33 CS P 7410C34113E5155CC1FD8F33A61E892C46DE50C7 E43D3E163687D5BA4818E7A19A72D70A46451951 2019 2021-01-29 14:40:06Z KYLE MARRERO PO BOX 8033 STATESBORO GA 30460 14564987 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. 9 5 0 0 0 12634817 14145917 618418 419070 0 13253235 14564987 545375 539185 0 0 0 0 10486522 10587761 11031897 11126946 2221338 3438041 259703037 271274908 226871272 235005099 32831765 36269809 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 10949865 539185 14145742 TO ACQUIRE, CONSTRUCT OR IMPROVE STUDENT HOUSING FACILITIES OR OTHER STUDENT FACILITIES FOR GEORGIA SOUTHERN UNIVERSITY 10949865 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 8 0 0 false false false false false false false false false false false false false false X 9 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 335215 18413 ROBERT L WHITAKER TREASURER 4.00 40.00 X X 0 250730 52913 TRIP ADDISON DIRECTOR 0.50 40.00 X 0 234921 22662 MAURA COPELAND SECRETARY 2.00 40.00 X 0 170145 36702 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 CHRIS CURTIS DIRECTOR 0.50 40.00 X 0 186850 39483 CHAD WIGGINS DIRECTOR 0.50 X 0 0 0 ROBERT F MIKELL DIRECTOR 0.50 X 0 0 0 1177861 170173 false true false LEASE INTEREST INCOME 9563004 9563004 OTHER 1800030 1800030 REPLACEMENT RESERVE INCOME 1769367 1769367 FACILITIES RENTAL 1007290 1007290 GAIN ON CAPITAL LEASE 6226 6226 14145917 240936 159524 81412 178134 178134 14564987 14305441 259546 539185 539185 70736 70736 98463 98463 19718 19718 180388 142710 37678 257 257 709645 709645 7828359 7828359 9589 9589 FACILITY REPAIRS/MAINT 1373372 1373372 AMORT OF BOND ISSUE COSTS 213196 213196 OTHER EXPENSES 84038 44935 39103 11126946 10949865 177081 0 2244048 4383704 33037849 50640720 12300 1150000 3311791 3499744 1620000 1620000 1620000 6327002 5208414 213150047 204772326 259703037 271274908 3808527 3710807 69005 62779 220572921 228990075 2420819 2241438 226871272 235005099 X 32831765 36269809 32831765 36269809 259703037 271274908 X 3438041 3 X false true X true false X X 1 GEORGIA SOUTHERN UNIVERSITY 586002059 2 true 10949865 0 1 10949865 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 204735664 ACCRUED INTEREST RECEIVABLE 36662 204772326 OTHER LIABILITIES 2241438 2241438 X 14564989 2 2 14564987 14564987 11126945 -1 -1 11126946 11126946 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, 2020. THE YEARS ENDED JUNE 30, 2017, 2018, 2018 AND 2020 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 XI, LINE 2D ROUNDING 2 SCHEDULE D, PAGE 4, PART XII, LINE 2D ROUNDING -1 false GEORGIA SOUTHERN UNIVERSITY P O BOX 8020 STATESBORO GA 30458 586002059 GOV 539185 STUDENT HOUSING GRNT false false false false false false false false false KYLE MARRERO PRESIDENT 330000 5215 18413 353628 ROBERT L WHITAKER TREASURER 250730 52913 303643 TRIP ADDISON DIRECTOR 234921 22662 257583 MAURA COPELAND SECRETARY 170045 100 36702 206847 CHRIS CURTIS DIRECTOR 186850 39483 226333 A DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 12033RBL9 2011-05-26 42485880 ACQUISITION AND RENOVATION OF STUDENT HOUSING FACILITIES false true false B DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 120335AT1 2012-08-22 28310054 CONSTRUCTION OF STUDENT DINING FACILITIES false true false C DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 12033RCD6 2012-12-06 31094925 REFUND 2002 SERIES BONDS WHICH WERE USED FOR CONSTRUCTION OF STUDENT FACILITIES false true false D DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 120334CJ4 2013-03-21 29283535 REFUND 2004 SERIES BONDS, WHICH WERE USED TO CONSTRUCT STUDENT FACILITIES false true false A 5305000 42485880 1421348 2183081 840259 543315 37497877 2012 false true true true B 3395000 28310054 821818 1599219 490517 315300 25083200 2013 false false true true C 8780000 31094925 477960 235659 30381306 2003 true false true true D 9245000 29283535 1089094 459538 27734903 2005 false true 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 D false false false false false false true A false false false true false false false false true B false false false true false false false false true C false false false true false false true FSA CAPITAL MANAGEMENT SERVICES LLC 15.800000000000 true false true D false false false true false false false false true A true B true C true D true PURPOSE OF ISSUE DESCRIPTION DEVELOPMENT AUTHORITY OF BULLOCH CO ACQUISITION AND RENOVATION OF STUDENT HOUSING FACILITIES PURPOSE OF ISSUE DESCRIPTION DEVELOPMENT AUTHORITY OF BULLOCH CO CONSTRUCTION OF STUDENT DINING FACILITIES 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 DATE REBATE COMPUTATION PERFORMED DEVELOPMENT AUTHORITY OF BULLOCH CO 05/26/16 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 A DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 120334EN3 2015-11-17 28588531 REFUND 2005 SERIES BONDS, WHICH WERE USED TO CONSTRUCT STUDENT FACILITIES false true false B DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 120334FK8 2017-08-15 56965485 REFUND SERIES 2008 BONDS, WHICH WERE USED TO CONSTRUCT STUDENT FACILITIES false true false C SAVANNAH ECONOMIC DEV AUTHORITY 586001588 80483CMG3 2015-09-30 16817298 REFUND SERIES 2005A BONDS, WHICH WERE USED TO PURCHASE AND RENOVATE PROFESSIONAL AND CONTINUING EDUC false true false D SAVANNAH ECONOMIC DEV AUTHORITY 586001588 80483CNV9 2016-10-27 24309087 REFUND SERIES 2009 BONDS, WHICH WERE USED TO ACQUIRE, RENOVATE AND IMPROVE STUDENT FACTILIES false true false A 5100000 28588531 471484 36843 28080204 2006 true false true true B 2710000 56965485 631430 56334055 2009 false true true true C 8240000 16817298 336346 51029 16429923 2015 true false true true D 1865000 24309086 385727 73500 23849859 2016 false true 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 D false false false false false false true A false true false false false false false false true B false true false false false false false false true C false false false true false false true MORGAN STANLEY 29.600000000000 true false true D false true false false false false true MORGAN STANLEY 27.600000000000 true false true A true B true C true D true PURPOSE OF ISSUE DESCRIPTION DEVELOPMENT AUTHORITY OF BULLOCH CO REFUND 2005 SERIES BONDS, WHICH WERE USED TO CONSTRUCT STUDENT FACILITIES 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 A DEVELOPMENT AUTHORITY OF BULLOCH CO 581538786 120334FL6 2020-07-01 16420000 false false false A 17820173 981990 356403 940419 15541361 2021 false false false true A false false false false false false true A false true false false false false false false false A false 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 AND SECRETARY REVIEW 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 ROUNDING 2 ROUNDING 1 TOTAL 3 GSU HOUSING FOUNDATION I LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 3033513 31316229 GSUHF INC GSU HOUSING FOUNDATION II LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 1186917 24134282 GSUHF INC GSU HOUSING FOUNDATION III LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 1001242 25360781 GSUHF INC GSU HOUSING FOUNDATION IV LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 2541148 61346855 GSUHF INC GSU HOUSING FOUNDATION V LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 2846671 37579023 GSUHF INC GSU HOUSING FOUNDATION VI LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 1340168 26454621 GSUHF INC GSU HOUSING FOUNDATION VII LLC P O BOX 8103 STATESBORO GA 30460 LEASE DE 17478224 GSUHF INC ARMSTRONG CENTER LLC P O BOX 8103 STATESBORO GA 30460 LEASE GA 806762 13350229 GSUHF INC ASU STUDENT UNION LLC P O BOX 8103 STATESBORO GA 30460 LEASE GA 866620 21915585 GSUHF INC UNIVERSITY TERRACE LLC P O BOX 8103 STATESBORO GA 30460 LEASE GA 820594 333122 GSUHF INC ASU CEDAR GROVE LLC P O BOX 8103 STATESBORO GA 30460 LEASE GA 12059 1385107 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 539185 HOUSING GRANTS GEORGIA SOUTHERN UNIVERSITY E 2230195 GENERAL LEDGER ACCOUNT GEORGIA SOUTHERN UNIVERSITY J 21487000 LEASE AMORTIZATION SCHED GEORGIA SOUTHERN UNIVERSITY K 111 LAND LEASE AGREEMENT GEORGIA SOUTHERN UNIVERSITY M 70736 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 1373372 REIMB OF FACILITY REPAIRS GEORGIA SOUTHERN UNIVERSITY Q 1007203 REIMB OF FACILITY INSURAN A