Public Charity

NSU Facilities Corporation

NSU Facilities Corporation, of Thibodaux, LA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $5.8M in revenue, $4.6M in expenses, $35.9M in total assets.

EIN: 202836756 Thibodaux, LA Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$5.8M
Total Expenses$4.6M
Total Assets$35.9M
Grant Records0
Filing Years2020–2025

Mission

To promote, assist, and benefit the mission of NSU through the acquisition, construction, development, management, leasing as lessor or lessee, mortgaging and/or conveying student housing facilities as well as other buildings and improvements on the campus of the University.

Where $100 goes at NSU Facilities Corporation

How NSU Facilities Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
To promote, assist, and benefit the mission of Nicholls State University through the acquisition, construction, development, management, leasing as lessor or lessee, mortgaging and/or conveying student housing facilities…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Vice-Chairperson Henry J Lafont Jr
Secretary/Treasurer Jerry Ledet
Chairperson Joseph Kolwe
Board Member Michele Caruso
Board Member Terry P Braud Jr

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $5.8M $4.6M $35.9M
2024 $6.5M $5.6M $41.2M
2023 $6.1M $6.1M $43.0M
2021 $5.7M $6.3M $48.4M
2020 $6.0M $6.5M $51.0M

Between 2020 and 2025, reported annual revenue declined from $6.0M to $5.8M (-3%), with total assets most recently reported at $35.9M.

Interactive year-over-year charts and full filing details available with membership.

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