2017-01-25T11:48:07-05:00 2016-06-30 581484212 HOWARD MOORE & MCDUFFIE PC PO BOX 4547 MACON GA 31208 990 2015-07-01 237356941 MIDDLE GEORGIA STATE UNIVERSITY REAL ESTATE FOUNDATION INC MIDD 4787572500 100 UNIVERSITY PARKWAY MACON GA 31206 NANCY STROUD MGSU VP 4784712732 2016-12-20 true JAY A SIEGELMAN P00536306 4787425317 2017-01-25 2015 2021-01-29 14:40:06Z X NANCY STROUD 100 COLLEGE STATION DRIVE MACON GA 31206 6548192 false X N/A X 1973 GA TO PROVIDE SUPPORT TO MIDDLE GEORGIA STATE UNIVERSITY BY ACQUIRING, DEVELOPING, AND MAINTAINING LAND AND/OR FACILITIES FOR THE BENEFIT OF THE UNIVERSITY. 9 5 0 0 0 5307719 5213669 246084 224978 0 5553803 5438647 0 0 0 0 0 4829115 4804995 4829115 4804995 724688 633652 113731191 112098824 100524095 98258076 13207096 13840748 TO PROVIDE SUPPORT TO MIDDLE GEORGIA STATE UNIVERSITY BY ACQUIRING, DEVELOPING AND MAINTAINING LAND AND/OR FACILITIES FOR THE BENEFIT OF THE UNIVERSITY. false false 4759834 5213669 TO DEVELOP AND MAINTAIN STUDENT HOUSING AND RECREATIONAL FACILITIES THAT ARE USED BY STUDENTS OF MIDDLE GEORGIA STATE UNIVERSITY. 4759834 true false false false false false false false false false true true true false false true true true false false false false false false false false false false false true true false false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false false false X 9 5 false false false false false true false true true false false true true true true false false false false false GA X NANCY STROUD 4784712729 100 UNIVERSITY PARKWAY MACON GA 31206 NANCY STROUD MGSU VP 2.00 40.00 X 0 210003 0 RAYMOND CARNLEY TRUSTEE 1.00 40.00 X 0 145102 0 CHARLES PARKER CHAIRMAN X X 0 0 0 DWIGHT JONES SECRETARY/TR 1.00 X X 0 0 0 JOHN PHILLIPS TRUSTEE X 0 0 0 RONNIE ROLLINS TRUSTEE 1.00 X 0 0 0 STEVE KRUGER TRUSTEE X 0 0 0 SPENCER STRICKLAND TRUSTEE X 0 0 0 CHRISTOPHER BLAKE MGSU PRESIDE 2.00 40.00 X 0 340933 0 696038 false true false INTEREST INCOME - LEASES 531390 4755073 4755073 RENTAL INCOME 531110 458596 458596 5213669 246523 246523 1088000 1109545 -21545 -21545 -21545 5438647 -21545 5460192 5213 5213 18808 18808 56749 43602 13147 4542579 4542579 79620 79620 7743 7743 PROGRAM SUPPLIES 93620 93620 MISCELLANEOUS 663 413 250 4804995 4759834 45161 0 81807 313462 16332 1122862 16332 13968282 14531082 96660491 95419820 1897749 1818128 113731191 112098824 2327747 2299266 97246348 95958810 950000 100524095 98258076 X 13207096 13840748 13207096 13840748 113731191 112098824 633652 X false true X true false X X X 1 MIDDLE GEORGIA STATE UNIVERSITY INC MIDDLE GEORGIA STATE UNIVERSITY INC 581028275 6 true 4804995 0 1 4804995 0 true false false false false false false false false false false false false false false true false 16332 16332 16332 SHORT -TERM TREASURY FUNDS 14531082 F 14531082 INVESTMENT IN DIRECT FINANCING LEASE 95419820 C 95419820 X 5438647 5438647 5438647 4804995 4804995 4804995 SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATIONS TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE WAS NO SUCH INCOME FOR THE YEARS ENDED JUNE 30, 2016 AND 2015. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. INFORMATION RETURNS FILED WITH REGULATORY AGENCIES ARE GENERALLY OPEN TO EXAMINATION FOR THREE YEARS AFTER THEY ARE FILED. THE FOUNDATION IS THE SOLE OWNER OF EACH LLC SUBSIDIARY. THESE LLCS ARE TREATED AS DISREGARDED ENTITIES FOR FEDERAL INCOME TAX PURPOSES. CONSEQUENTLY, ALL INCOME AND LOSS OF THE LLCS ARE PASSED THROUGH TO THE FOUNDATION. false false false false false false false false false NANCY STROUD MGSU VP 210003 210003 CHRISTOPHER BLAKE MGSU PRESIDENT 320533 20400 340933 A BLECKLEY-COCHRAN DEVELOPMENT AUTHOR 030574334 09348PBCP 2005-11-01 26899298 CONSTRUCTION OF STUDENT HOUSING false false false B JOINT DEVELOPMENT AUTHORITY OF BLEC 261894499 09349AAJ7 2007-07-01 35665315 CONSTRUCTION OF STUDENT HOUSING false false false C DEVELOPMENT AUTHORITY OF BIBB COUNT 581445945 08869FEC9 2011-04-28 12169859 TO ACQUIRE EXISTING APARTMENT COMPLEX TO BE USED AS STUDENT HOUSING. false false false D DEVELOPMENT AUTHORITY OF BIBB COUNT 581445945 08869FEY1 2012-12-18 24339409 TO CONSTRUCT A STUDENT RECREATION AND WELLNESS CENTER ON THE MACON CAMPUS false false false A 1150000 26899298 2265731 2326903 415288 111889 21559558 219929 2007 false false true true B 760000 35665315 3264761 2999661 546275 121739 28732879 674685 2009 false false true true C 795000 12169859 433212 24002 161305 128222 11243118 2011 false false true true D 475000 24339409 707531 1410297 277413 266280 21649407 28481 2014 false false true true A true false false false false false false B true false false false false false false C true false false false false false false D true false false false false false false A false false false true true false false false true B false false false true true false false false true C false false false true true false false false true D false false false true true false false false true A false B false C false D false SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION DEVELOPMENT AUTHORITY OF BIBB COUNTY OF MIDDLE GEORGIA STATE COLLEGE. SCHEDULE K - DATE REBATE COMPUTATION PERFORMED BLECKLEY-COCHRAN DEVELOPMENT AUTHORI 06/30/16 JOINT DEVELOPMENT AUTHORITY OF BLECK 06/30/16 DEVELOPMENT AUTHORITY OF BIBB COUNTY 06/30/16 DEVELOPMENT AUTHORITY OF BIBB COUNTY 06/30/16 FORM 990, PAGE 6, PART VI, LINE 7A THE BYLAWS OF THE ORGANIZATION STATE THAT THE PRESIDENT OF MIDDLE GEORGIA STATE UNIVERSITY IS A MEMBER OF THE BOARD OF DIRECTORS AND CAN APPOINT OR ELECT ALL BUT ONE OF THE OTHER SIX MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY OF THE 990 IS DISTRIBUTED TO THE GOVERNING BODY FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE FOLLOWING PROCEDURES ARE USED BY THE FOUNDATION TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE ITS CONFLICT OF INTEREST POLICY: 1. EACH RESPONSIBLE PERSON (NEW OFFICER, EMPLOYEE, OR MEMBER OF THE BOARD OF DIRECTORS) SHALL BE REQUIRED TO REVIEW A COPY OF THE POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. 2. EACH RESPONSIBLE PERSON SHALL COMPLETE A DISCLOSURE FORM ANNUALLY IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED, THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. SUCH RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NOT-FOR-PROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO THE FOUNDATION. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE EXECUTIVE DIRECTOR, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. 3. THIS POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. MGC REAL ESTATE FOUNDATION LLC 100 COLLEGE STATION DRIVE MACON GA 31206 203650644 PROP MGT GA 1495230 30115802 N/A MGC REAL ESTATE FOUNDATION II LLC 100 COLLEGE STATION DRIVE MACON GA 31206 261742855 PROP MGT GA 2104097 42931175 N/A MSC FDN REAL ESTATE LLC 100 COLLEGE STATION DRIVE MACON GA 31206 PROP MGT GA 751273 14230159 N/A MSC FDN REAL ESTATE II LLC 100 COLLEGE STATION DRIVE MACON GA 31206 PROP MGT GA 1109343 24522805 N/A MIDDLE GEORGIA STATE UNIVERSITY 100 COLLEGE STATION DRIVE MACON GA 31206 581028275 UNIVERSITY GA GOV 2 N/A false true false false false false false false false false true false false false true false true false false false MIDDLE GEORGIA STATE UNIVERSITY A 4755073 CASH RECEIVED MIDDLE GEORGIA STATE UNIVERSITY J 1699267 CASH RECEIVED MIDDLE GEORGIA STATE UNIVERSITY N NOT DETERMINABLE MIDDLE GEORGIA STATE UNIVERSITY P 7308 CASH PAID MIDDLE GEORGIA STATE UNIVERSITY G 1088000 CASH RECEIVED