2015-08-25T17:49:43-07:00 2014-12-31 WALLACE NEUMANN & VERVILLE LLP 8930 SPANISH RIDGE AVE LAS VEGAS NV 891481302 990 2014-01-01 200409835 BISHOP GORMAN DEVELOPMENT CORPORATION CO DEACON ARUNA SILVA BISH PO BOX 18316 LAS VEGAS NV 89114 DEACON ARUNA SILVA Executive Director 2015-08-24 true Jason S Neumann P00109551 7023870999 2014 2016-04-25 22:37:26Z 5728473 false false X N/A X 2003 NV RAISE FUNDS FOR, BUILD & LEASE A RELIGIOUS CAMPUS TO AFFILIATED ROMAN CATHOLIC DIOCESE FOR OPERATION AS A HIGH SCHOOL. 5 4 0 3 0 4337339 3881400 0 107 530 -2290312 -2619455 2047134 1262475 0 0 0 0 0 569299 442078 569299 442078 1477835 820397 134494056 132561879 60154712 57402138 74339344 75159741 RAISE FUNDS FOR, BUILD & LEASE A RELIGIOUS CAMPUS TO AFFILIATED ROMAN CATHOLIC DIOCESE FOR OPERATION AS A HIGH SCHOOL. false false 367122 -2618925 BISHOP GORMAN DEVELOPMENT CORPORATION RAISED FUNDS TO BUILD BISHOP GORMAN HIGH SCHOOL, LOCATED AT 5959 S. HUALAPAI WAY, LAS VEGAS, NEVADA. BUILDING OF THE 36 ACRE CAMPUS WITH 187,000 SQUARE FEET WAS SUBSTANTIALLY COMPLETED IN 2007; THE CAMPUS IS LEASED TO the ROMAN CATHOLIC DIOCESE OF LAS VEGAS. CLASSES BEGAN IN SEPTEMBER 2007 WITH APPROXIMATELY 1,150 STUDENTS, AND CURRENT ENROLLMENT IS APPROXIMATELY 1,400. CONSTRUCTION OF THE AUXILIARY GYM, FOOTBALL STADIUM, AND PERFORMING ARTS CENTER WAS COMPLETED IN 2008. IN TERMS OF TOTAL CONSTRUCTION, THE PROJECT WAS 100% COMPLETE AT DECEMBER 31, 2009. THE CONSTRUCTION OF THE ATHLETIC FIELDS AND RELATED BUILDINGS WAS COMPLETED DURING THE FIRST QUARTER OF 2009. In March 2011, Bishop Gorman Development Corporation acquired 16 adjacent acres for expansion with funds provided by generous donors. In 2012 a 42,000 sq. ft. athletic training center was constructed on three (3) of the acquired acres. Additionally, in 2012, construction began on the north expansion of the campus totaling 47,000 sq. ft. in three (3) buildings plus a practice field, additional parking and landscaped areas which provided an opportunity to increase enrollment to 1,500 students. Construction was completed in early 2013. ADDITIONAL CAPITAL FUNDRAISING DURING THE CURRENT REPORTING YEAR AND SUBSEQUENT YEAR IS BEING UTILIZED FOR EXPANSION, tuition assistance, capital improvements and faculty enrichment. 367122 true true false false false false false false false true true false false false true false true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false true 0 0 false 0 false false false false false false false false false 0 false false false false false false false false false false X 5 4 false false false false true true true true false false false true true true true true true false false false X Deacon Aruna Silva 7027357865 PO BOX 18316 LAS VEGAS NV 891148316 X MOST REV JOSEPH A PEPE President 0.00 0.00 X X 0 0 0 MICHAEL GAUGHAN Secretary 0.00 0.00 X X 0 0 0 TITO TIBERTI Treasurer 0.00 0.00 X X 0 0 0 DEACON ARUNA SILVA Exec. Director 0.00 0.00 X X 0 0 0 LORENZO FERTITTA Director 0.00 0.00 X X 0 0 0 0 false false false 0 3881400 3881400 0 530 530 0 0 1846543 4465998 -2619455 -2619455 -2619455 0 0 0 0 0 1262475 -2618925 0 0 0 0 0 0 0 0 0 0 0 45297 45297 27556 27556 0 0 2103 2103 0 0 0 0 0 0 0 0 0 0 0 70761 70761 0 COMMISSIONS 254232 254232 BOND REMARKETING 30937 30937 BOND RATING FEE 4963 4963 LETTER OF CREDIT FEES 3495 3495 2734 2734 442078 367122 74956 0 1023735 1700457 3260630 3902684 0 0 0 0 0 0 0 140340875 19197167 124448425 121143708 0 0 0 0 5761266 5815030 134494056 132561879 24750000 24550000 35404712 32852138 60154712 57402138 X 74339344 75159741 74339344 75159741 134494056 132561879 820397 X false true X true false X 22354 5910683 14511534 4337339 3881400 28663310 0 0 22354 5910683 14511534 4337339 3881400 28663310 24162796 4500514 1671857 1872198 1846127 1846425 1847073 9083680 0 0 37746990 0.11920 0.11930 X Support Schedule: Additional Supplemental Information Fund raising for the Bishop Gorman Development Corporation is done in association with Bishop Gorman High School. Three fund raising events are held each school year to help support tuition assistance and the general operating budget. In November we held the 29th Annual Bishop Gorman Golf Classic at Badlands Golf Course. The 33rd Annual Knight of the Gael was on March 27, 2014 and our annual winetasting event, Passport, was May 16th, 2014, both at the Red Rock Resort. The guests at these events are alumni, parents and friends of Bishop Gorman. In addition to events the Advancement Office also solicits annual gifts throughout the year for our annual giving program, Gael Force, as well as, capital campaign - pledges specifically restricted to Bishop Gorman Development Corporation's projects. These solicitations are made through direct mail, e-blasts, personal phone calls and visits. A significant factor temporarily contributing to the decrease in the calculated percentage of public support has been the impact of large contributions by several donors who originally provided a significant portion of the capital campaign that enabled the high school's construction but have also recently committed substantial donations and pledges necessary to fund significant expansion of the school facilities. Upon receipt and reporting of these significant contributions, the calculation will revert to one evidencing broader public support. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 379119 2921777 2800664 500232 57683 10970156 10648720 379119 109960 12351034 12403311 57683 5876582 5766622 109960 1.00000 false false false 11451784 11451784 128889091 19197167 109691924 121143708 BANK OF AMERICA CONSTRUCTION LOAN 8987000 CONSTRUCTION LOAN PAYABLE 22009788 INTEREST RATE SWAP LIABILITY 39300 SECURITY DEPOSIT PAYABLE 272400 SPECIAL ASSESSMENT PAYABLE 1543650 32852138 1846980 584505 584505 1262475 1262475 4288903 3846825 3846825 442078 442078 Part V, Line 4: Intended uses of the endowment fund. ADDITIONAL CAPITAL FUNDRAISING DURING THE CURRENT REPORTING YEAR AND SUBSEQUENT YEAR IS BEING UTILIZED FOR EXPANSION, WHICH WILL RESULT IN ENHANCED RESOURCES AND FACILITIES FOR STUDENTS AND INCREASED ENROLLMENT. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 DEPRECIATION EXPENSE $3304717 INTEREST EXPENSE $1161188 CASH TO ACCRUAL ADJ FOR UNCOLLECTED A/R $-3881400 Part XII, Line 2d: Other expenses and losses per audited F/S CASH TO ACCRUAL ADJUSTMENT FOR INTEREST $-649930 DEPRECIATION EXPENSE $3304717 INTEREST EXPENSE $1161188 CASH TO ACCRUAL ADJUSTMENT FOR A/P $108782 REVERSAL OF PRIOR YEAR ACCRUAL TO CASH $-77932 A CLARK COUNTY NEVADA 866000028 180858BP6 2011-12-01 25000000 CONSTRUCTION OF HIGH SCHOOL CAMPUS false false Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder THE ORGANiZATION'S SOLE MEMBER IS THE ROMAN CATHOLIC BISHOP OF LAS VEGAS & HIS SUCCESSORS A CORPORATION SOLE Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body THE SOLE MEMBER HAS THE POWER TO APPOINT AND REMOVE THE BOARD OF DIRECTORS OF THE ORGANIZATION. Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings LINE 8B IS N/A Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 WAS PROVIDED TO AND REVIEWED BY THE EXECUTIVE DIRECTOR AND TO THE FULL BOARD. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts A QUESTIONAIRE IS CIRCULATED ON AN ANNUAL BASIS TO EACH DIRECTOR AND OFFICER. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available DOCUMENTS ARE AVAILALBE UPON REQUEST TO THE PUBLIC. THE ROMAN CATHOLIC BISHOP OF LAS VEGAS 336 CATHEDRAL WAY LAS VEGAS NV 89109 880059349 CHURCH NV 501 (c)(3) 1 N/A false false false false false false false false false false false false false false false false false false false false