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GEORGIA SOUTHERN UNIVERSITY HOUSING FOUNDATION INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
GEORGIA SOUTHERN UNIVERSITY HOUSING FOUNDATION INC (EIN 30-0037158)
Tax period
2013-07-01 to 2014-06-30
Filed
2014-11-14
IRS object ID
201403189349303535
Schema version
2013v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2014-11-14T10:30:50-06:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582467226PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1REDDICK RIGGS HUNTER & KENNEDY PCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 725AddressLine1
CitySTATESBOROCity
StateGAState
ZIP Code30459ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN300037158EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA SOUTHERN UNIVERSITY HOUSINGBusinessNameLine1
Business Name Line2FOUNDATION INCBusinessNameLine2
FieldValueIRS element (for citing)
Business Name ControlGEORBusinessNameControlTxt
Phone9124787481PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 8020AddressLine1
CitySTATESBOROCity
StateGAState
ZIP Code30460ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT L WHITAKERPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9124787481PhoneNum
Signature2014-10-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPATRICIA H HUNTERPreparerPersonNm
PTINP00366295PTIN
Phone9127649843PhoneNum
Preparation2014-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROBERT L WHITAKERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 8103AddressLine1
CitySTATESBOROCity
StateGAState
ZIP Code30460ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$40,626,467GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressNONEWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionTHE FOUNDATION'S MISSION IS TO ACQUIRE, CONSTRUCT OR IMPROVE STUDENT HOUSING OR OTHER STUDENT FACILITIES FOR GEORGIA SOUTHERN UNIVERSITY, A PUBLIC UNIVERSITY.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$15,782,578PYProgramServiceRevenueAmt
CY Program Service Revenue$13,820,855CYProgramServiceRevenueAmt
PY Investment Income$649,802PYInvestmentIncomeAmt
CY Investment Income$632,554CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$16,432,380PYTotalRevenueAmt
CY Total Revenue$14,453,409CYTotalRevenueAmt
PY Grants And Similar Paid$266,520PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$14,916,301PYOtherExpensesAmt
CY Other Expenses$10,460,097CYOtherExpensesAmt
PY Total Expenses$15,182,821PYTotalExpensesAmt
CY Total Expenses$10,460,097CYTotalExpensesAmt
PY Revenues Less Expenses$1,249,559PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,993,312CYRevenuesLessExpensesAmt
Total Assets BOY$271,577,423TotalAssetsBOYAmt
Total Assets EOY$265,237,253TotalAssetsEOYAmt
Total Liabilities BOY$262,201,066TotalLiabilitiesBOYAmt
Total Liabilities EOY$248,132,066TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,376,357NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,105,187NetAssetsOrFundBalancesEOYAmt
MissionTHE FOUNDATION'S MISSION IS TO ACQUIRE, CONSTRUCT OR IMPROVE STUDENT HOUSING OR OTHER STUDENT FACILITIES FOR GEORGIA SOUTHERN UNIVERSITY, A PUBLIC UNIVERSITY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$10,364,715ExpenseAmt
DescTO ACQUIRE, CONSTRUCT OR IMPROVE STUDENT HOUSING FACILITIES OR OTHER STUDENT FACILITIES FOR GEORGIA SOUTHERN UNIVERSITYDesc
Total Program Service Expenses$10,364,715TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressYes (true)OfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMAURA COPELANDPersonNm
Phone9124787481PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 8020AddressLine1
CitySTATESBOROCity
StateGAState
ZIP Code30460ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BROOKS A KEEL
PRESIDENT0.5040.00Yes (X)Yes (X)$0$381,000$24,312
SALINDA ARTHUR
DIRECTOR0.5040.00Yes (X)$0$262,000$24,312
ROBERT L WHITAKER
TREASURER4.0040.00Yes (X)Yes (X)$0$157,177$18,094
TOMMY DAVID
DIRECTOR0.500.00Yes (X)$0$0$0
E G MEYBOHM
DIRECTOR0.500.00Yes (X)$0$0$0
BOB LANE
DIRECTOR0.500.00Yes (X)$0$0$0
MAURA COPELAND
SECRETARY2.0040.00Yes (X)$0$122,000$14,833
FieldValueIRS element (for citing)
Tot Reportable Comp Rltd Org$922,177TotReportableCompRltdOrgAmt
Total Other Compensation$81,551TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
JUNEAU CONSTRUCTION COMPANY LLC
3715 NORTHSIDE PARKWAY NWATLANTAGA30327CONSTRUCTION$18,937,150
KITCHENS TO GO LLC
131 W JEFFERSON AVE STE 223NAPERVILLEIL60540RENTAL$426,930
COGDELL MENDRALA ARCHITECTS PC
517 E CONGRESS STREETSAVANNAHGA31401ARCHITECT$411,648
MURRAY BARNES FINISTER LLLP
ONE CAPITAL CITY PLAZA SUITE 1140ATLANTAGA30326LEGAL$115,008
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
LEASE INTEREST INCOME$11,934,718$11,934,718
REPLACEMENT RESERVE INCOME$1,311,369$1,311,369
GAIN ON CAPITAL LEASE$479,441$479,441
FACILITY RENTAL$71,155$71,155
OTHER$24,172$24,172
FieldValueIRS element (for citing)
Total Program Service Revenue$13,820,855TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$610,909TotalRevenueColumnAmt
Related Or Exempt Func Income$547,968RelatedOrExemptFuncIncomeAmt
Exclusion$62,941ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$26,194,703OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$26,173,058OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$21,645OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,645TotalRevenueColumnAmt
Exclusion$21,645ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,453,409TotalRevenueColumnAmt
Related Or Exempt Func Income$14,297,668RelatedOrExemptFuncIncomeAmt
Exclusion$155,741ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$61,023TotalAmt
Management And General$61,023ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$105TotalAmt
Management And General$105ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$17,848TotalAmt
Management And General$17,848ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$108,537TotalAmt
Program Services$108,537ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$71TotalAmt
Management And General$71ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,151TotalAmt
Management And General$1,151ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,722,647TotalAmt
Program Services$9,722,647ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,460TotalAmt
Program Services$1,937ProgramServicesAmt
Management And General$8,523ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
AMORT OF BOND ISSUE COSTS$173,010$173,010
AMORT OF PREPAID RENT$170,347$170,347
OTHER EXPENSES$123,743$117,082$6,661
RENTAL PROPERTY EXPENSES$71,155$71,155

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,460,097TotalAmt
Program Services$10,364,715ProgramServicesAmt
Management And General$95,382ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,964,935BOYAmt
EOY$4,300,355EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$37,795,180BOYAmt
EOY$31,821,387EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,500,926BOYAmt
EOY$6,635,641EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$254,767LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$22,562,365BOYAmt
EOY$254,767EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$2,095,050EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$198,754,017BOYAmt
EOY$220,130,053EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$271,577,423BOYAmt
EOY$265,237,253EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,787,613BOYAmt
EOY$4,814,043EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$17,787,829BOYAmt
EOY$9,882,455EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$226,995,000BOYAmt
EOY$228,976,168EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,630,624BOYAmt
EOY$4,459,400EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$262,201,066BOYAmt
EOY$248,132,066EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$6,621,038BOYAmt
EOY-$8,102,926EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,997,395BOYAmt
EOY$25,208,113EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,376,357BOYAmt
EOY$17,105,187EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$271,577,423BOYAmt
EOY$265,237,253EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,993,312ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$3,735,518OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
CertificationYes (X)CertificationInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA SOUTHERN UNIVERSITYBusinessNameLine1
FieldValueIRS element (for citing)
EIN586002059EIN
Organization Type2OrganizationTypeDesc
Governing Document ListedYes (true)GoverningDocumentListedInd
Supported Org NotifiedYes (true)SupportedOrgNotifiedInd
US OrganizedYes (true)USOrganizedInd
Support$10,364,715SupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$10,364,715SupportSumAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$254,767OtherCostOrOtherBasisAmt
Book Value$254,767BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$254,767TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescNET INV IN CAPITAL LEASEDesc
Book Value$220,130,053BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$220,130,053TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO GEORGIA SOUTHERN UNIVERSITY$4,459,400
REPLACEMENT RESERVE PAYABLE
FieldValueIRS element (for citing)
Total Liability$4,459,400TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$14,453,409TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$14,453,409RevenueSubtotalAmt
Total Revenue Per Form990$14,453,409TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,460,098TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1OtherExpensesIncludedAmt
Expenses Not Reported$1ExpensesNotReportedAmt
Expenses Subtotal$10,460,097ExpensesSubtotalAmt
Total Expenses Per Form990$10,460,097TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 3, PART XTHE 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, 2014. THE YEARS ENDED JUNE 30, 2011, 2012, 2013 AND 2014 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 2DROUNDING 1

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmt
BROOKS A KEEL
PRESIDENT$381,000$23,562$750$405,312
SALINDA ARTHUR
DIRECTOR$262,000$23,562$750$286,312
ROBERT L WHITAKER
TREASURER$157,177$18,094$175,271

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PAGE 1, PART I, LINE 3FormAndLineReferenceDesc
ExplanationESTABLISHED BY BOARD OF REGENTSExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DEVELOPMENT AUTHORITY OF BULLOCH CO
A581538786120334CA32005-03-24$36,362,477CONSTRUCTION OF STUDENT RECREATION FACILITIESfalseYes (true)false
DEVELOPMENT AUTHORITY OF BULLOCH CO
B58153878612033RAS52008-03-06$70,016,620ACQUISITION AND CONSTRUCTION OF STUDENT HOUSING FACILITIES TO INCLUDEfalseYes (true)false
DEVELOPMENT AUTHORITY OF BULLOCH CO
C58153878612033RBL92011-05-26$42,485,880ACQUISITION AND RENOVATION OF STUDENT HOUSING FACILITIESfalseYes (true)false
DEVELOPMENT AUTHORITY OF BULLOCH CO
D581538786120335AT12012-08-22$28,310,054CONSTRUCTION OF STUDENT DINING FACILITIESfalseYes (true)false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndUnspentUnspentAmt
A$1,545,000$36,362,477$2,863,450$2,835,790$709,009$260,973$29,693,2552006falsefalseYes (true)Yes (true)
B$3,680,000$70,016,620$4,736,794$5,823,074$982,300$1,077,977$57,396,4752009falsefalseYes (true)Yes (true)
C$42,485,880$1,421,348$2,183,081$840,259$543,315$37,497,8772012falsefalseYes (true)Yes (true)
D$28,310,054$821,818$1,044,576$490,517$315,300$25,128,4822013falsefalseYes (true)Yes (true)$95,211

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalsefalsefalsefalsefalseYes (true)
BfalsefalsefalsefalsefalsefalseYes (true)
CfalsefalsefalsefalsefalsefalseYes (true)
DfalsefalsefalsefalsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line2GICProviderName/BusinessNameLine2Term Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AIG MATCHED
AfalsefalsefalseYes (true)falsefalseYes (true)FUNDING CORP26.400000000000Yes (true)falsefalse
CITIGROUP
BfalsefalsefalseYes (true)falsefalseYes (true)GLOBAL MARKETS INC31.300000000000Yes (true)falsefalse
(no name)
CfalseYes (true)falsefalsefalsefalsefalsefalsefalse
(no name)
DfalseYes (true)falsefalsefalsefalsefalsefalsefalse

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K - PURPOSE OF ISSUE DESCRIPTIONDEVELOPMENT AUTHORITY OF BULLOCH CO RETAIL SPACE DEVELOPMENT AUTHORITY OF BULLOCH CO HOUSING FACILITIES DEVELOPMENT AUTHORITY OF BULLOCH CO OTHER STUDENT FACILITIES
SCHEDULE K - DATE REBATE COMPUTATION PERFORMEDDEVELOPMENT AUTHORITY OF BULLOCH CO 03/24/10 DEVELOPMENT AUTHORITY OF BULLOCH CO 03/06/13

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 7APRESIDENT HAS AUTHORITY TO APPOINT COMMUNITY MEMBERS FOR 3 BOARD POSITIONS
FORM 990, PAGE 6, PART VI, LINE 9TOMMY DAVID 106 TOWHEE TRAIL STATESBORO, GA 30458-8667 E. G. MEYBOHM 3519 WHEELER ROAD AUGUSTA, GA 30909 BOB LANE 5 WESTCOTT ROAD STATESBORO, GA 30458
FORM 990, PAGE 6, PART VI, LINE 11BTHE TREASURER AND SECRETARY REVIEW THE FORM BEFORE FILING.
FORM 990, PAGE 6, PART VI, LINE 12COFFICERS 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 19DOCUMENTS 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 9ROUNDING -1
FORM 990, PART XI, LINE 9PRIOR PERIOD ADJ - R&R OBLIGATION 3,721,224 PRIOR PERIOD ADJ - CONST IN PROGRESS 14,295

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (7 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodePrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
GSU HOUSING FOUNDATION I LLC
P O BOX 8020STATESBOROGA30460LEASEDE$1,662,654$38,905,376GSUHF INC
GSU HOUSING FOUNDATION II LLC
P O BOX 8020STATESBOROGA30460LEASEDE$1,533,476$31,320,517GSUHF INC
GSU HOUSING FOUNDATION III LLC
P O BOX 8020STATESBOROGA30460LEASEDE$2,193,552$43,461,572GSUHF INC
GSU HOUSING FOUNDATION IV LLC
P O BOX 8020STATESBOROGA30459LEASEDE$4,566,551$78,740,110GSUHF INC
GSU HOUSING FOUNDATION V LLC
P O BOX 8020STATESBOROGA30459LEASEDE$2,992,020$39,633,178GSUHF INC
GSU HOUSING FOUNDATION VI LLC
P O BOX 8020STATESBOROGA30458LEASEDE$1,333,153$29,194,723GSUHF INC
GSU HOUSING FOUNDATION TEMP DINING
P O BOX 8020STATESBOROGA30459TEMP FACIIGA$71,209GSUHF INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA SOUTHERN UNIVERSITYBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 8020AddressLine1
CitySTATESBOROCity
StateGAState
ZIP Code30460ZIPCode
FieldValueIRS element (for citing)
EIN586002059EIN
Primary ActivitiesUNIVERSITYPrimaryActivitiesTxt
Legal Domicile StateGALegalDomicileStateCd
Exempt Code Section170BExemptCodeSectionTxt
Public Charity Status2PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgYes (true)AssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgYes (true)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GEORGIA SOUTHERN UNIVERSITY
E$4,459,400GENERAL LEDGER ACCOUNT
GEORGIA SOUTHERN UNIVERSITY
J$18,043,109LEASE AMORTIZATION SCHED
GEORGIA SOUTHERN UNIVERSITY
K$100LAND LEASE AGREEMENT
GEORGIA SOUTHERN UNIVERSITY
M$61,023PROFESSIONAL SVCS - MGT
GEORGIA SOUTHERN UNIVERSITY
NINCLD IN PROF SVCS ABOVE