2025-05-15T17:17:33-07:00 2024-06-30 990 2023-07-01 620488046 MEHARRY MEDICAL COLLEGE MEHA 6153276421 1005 Dr D B Todd Jr Blvd Nashville TN 37208 Palace Reid Interim VP of Finance & CFO 6153276767 2025-05-15 1 2023 2025-03-06 01:10:19Z X Dr James E K Hildreth 1005 Dr D B Todd Blvd Nashville TN 372083599 239291509 0 X www.mmc.edu X 1915 TN To improve the health and healthcare of minority and underserved communities by offering excellent education and training programs in the health sciences; delivering high quality health services; and advancing health equity through innovative research that fosters the elimination of health disparities. 27 25 1326 0 0 0 112375462 131178962 71172691 77079469 6386819 7091742 19505183 23941336 209440155 239291509 2064532 3635758 0 0 104063351 111139888 245119 0 4641634 94287967 104931674 200660969 219707320 8779186 19584189 451952769 484692786 108898605 122054433 343054164 362638353 X To improve the health and healthcare of minority and underserved communities by offering excellent education and training programs in the health sciences; delivering high quality health services; and advancing health equity through innovative research that fosters the elimination of health disparities. 0 0 69144345 3635758 57364074 Professional Education: Education of students in the fields of medicine, dentistry, public health, medical science and allied health profession, and data sciences. Degrees conferred include: MD, DDS, MHS, MSPH, MSDS, MSBDS and PhD. (Number of Graduates from the programs: 299). 25419508 0 19715395 Health Care Delivery and Management, General/Other: General healthcare delivery, primary and specialty care, dental and mental healthcare. (Number of patient encounters in the year: 71,891). 20466945 0 0 Medical Research, General/Other: The organization does research in a number of major areas (Cancer, Cardiovascular, Neuroscience, Seat belt Safety, along with research training, and HIV disease, Infectious disease, Women's health, community engagement) with a primary focus on health disparities research. (Number of new grants for the year: 48). 21780332 0 0 Public, Society Benefit Programs, General/Other: Funds expended for activities that are established primarily to provide non-instructional services beneficial to individuals and groups external to the institution. Cost of providing health services to the community. (Number of patient encounters for year: 71,891). 21780332 0 0 136811130 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 256 0 1 1326 1 0 0 0 0 0 0 0 0 X 27 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK HI MA MD MI MN ND NH NY OR SC WA X Walter W Parker 6153276241 1005 Dr D B Todd Jr Blvd Nashville TN 37208 LaMel Bandy-Neal Senior VP Finance / CFO 40 0 X 888612 0 28471 James E K Hildreth President/CEO 40 0 X X 856746 0 25106 Michelle Nichols Senior VP Clinical Affairs and GME 40 0 X 572095 0 7222 Jeannette South-Paul Exec VP and Provost/ Former Trustee 40 0 X 550000 0 0 Peter E Millet Executive Vice President 40 0 X 482245 0 32325 Ivanetta D Samuels Senior VP/ General Counsel 40 0 X 473247 0 33579 Anil Shanker Sr Vice President Research and Innovation 40 0 X 466194 0 36194 Charae Farmer Dean School of Dentistry 40 0 X 461384 0 30376 Carlton Adams Chair Surgery/Trustee 40 0 X X 439660 0 36279 Daniel Dawes SVP/ Exec Director School of Global Health 40 0 X 428869 0 18964 Muyiwa Adedokun Asst Professor Surgery 40 0 X 400818 0 16890 Digna S Forbes Interim Dean School of Medicine 40 0 X 390339 0 18807 Merry Lindsey Dean School of Graduate Studies 40 0 X 381499 0 13528 Fortune Mhlanga Dean School of Applied Computational Sciences 40 0 X 366726 0 15669 Lloyda Williamson Chair Psychiatry 40 0 X 341530 0 32832 Richard Fremont Chair Internal Medicine 40 0 X 342195 0 28877 Asiyanbola Bolanle Asst Professor Surgery 40 0 X 337363 0 6440 Saletta Holloway Asst Corp Sec /SVP Board Relations 40 0 X 258150 0 31653 Duane Smoot Professor Internal Medicine 40 0 X 235269 0 18422 Sonja Harris-Haywood Dean School of Medicine 40 0 X 231369 0 6989 Juan McGruder Sr Vice President Institutional Advancement 40 0 X 165923 0 292 Marquetta Faulkner Former Dean School of Medicine (Retired) 0 0 X 64084 0 6395 Dr Nelson L Adams III Chairman 0 0 X 0 0 0 Milton H Jones Jr Vice Chairman 0 0 X 0 0 0 Dr Brandon Barton Jr Trustee 0 0 X 0 0 0 Dr Destini Black Trustee 0 0 X 0 0 0 Christian Boone Trustee 0 0 X 0 0 0 Kevin Bryant Trustee 0 0 X 0 0 0 Cynthia Day Trustee 0 0 X 0 0 0 Dr Coyness L Ennix Jr Trustee 0 0 X 0 0 0 Rev Roland Fernandes Trustee 0 0 X 0 0 0 Dr Eric A Floyd Trustee 0 0 X 0 0 0 Dr Bianca Frederick Trustee 0 0 X 0 0 0 Dr Dawn B Griffin Trustee 0 0 X 0 0 0 Dr Lewis Hargett Trustee 0 0 X 0 0 0 Dr Ethel Harris Trustee 0 0 X 0 0 0 Aubrey Harwell Jr Trustee 0 0 X 0 0 0 Dr Martin D Jeffries Trustee 0 0 X 0 0 0 Dr Collis Johnson Trustee 0 0 X 0 0 0 Dr Audrey J Murrell Trustee 0 0 X 0 0 0 Edgar G Rios Trustee 0 0 X 0 0 0 Dr Thomas A Scott Trustee 0 0 X 0 0 0 Dr Edith Smith-Rayford Trustee 0 0 X 0 0 0 James E Williams Trustee 0 0 X 0 0 0 Dr Kenneth Williams Trustee 0 0 X 0 0 0 Lorenzo Williams Trustee 0 0 X 0 0 0 Dr Robert L Williams Jr Trustee 0 0 X 0 0 0 Carol H Williams-Hood Trustee 0 0 X 0 0 0 Dr Kevin Woods Trustee 0 0 X 0 0 0 M Inez Crutchfield Trustee Emeritus 0 0 X 0 0 0 Dr Frank S Royal Sr Trustee Emeritus 0 0 X 0 0 0 9134317 0 445310 298 0 1 0 MOJO Marketing and PR P O Box 148138 Nashville TN 37214 Marketing and Events Management Services 501000 Hewlett-Packard Financial Services PO Box 402582 Atlanta GA 303842582 Financial Services 499269 Baker Donelson Bearmen 165 Madison Ave Suite 2000 Memphis TN 38103 Legal Services 435915 Susanne Tropez-Sims 1005 Dr D B Todd Jr Dr Nashville TN 37208 Faculty Consultant 226200 Ionidea 4153 Chainbridge Road Fairfax VA 22030 Revenue Cycle Services 181890 61 0 0 0 0 78369414 52809548 0 131178962 Tuition and Fees 611310 55195579 55195579 0 0 Sales and Service of Edu Depts 611310 2168495 2168495 0 0 Net Patient Service Revenue 611310 6312717 6312717 0 0 Contractual Healthcare 611310 13402678 13402678 0 0 0 0 0 0 77079469 7091742 7091742 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other Soruces 611310 9677085 9677085 0 0 College Non-operating items 611310 695655 695655 0 0 Net Gain (loss) on Investments 611310 13568596 13568596 0 0 0 0 0 0 23941336 239291509 108112547 0 0 X 0 0 3635758 3635758 5956720 2842615 2647911 466194 87468627 62482059 22999052 1987516 2063240 1473848 542510 46882 9897655 7070259 2602495 224901 5753646 4110041 1512867 130738 33267636 17795871 14169728 1302037 1596773 -17251 1614024 0 136260 10 136250 0 2949788 2729424 205364 15000 99832 76808 23024 0 12721485 7704376 4915299 101810 7486042 1538920 5943683 3439 7950445 4933251 2861365 155829 2679244 1998788 588746 91710 573986 498462 75524 0 2076271 22 2076249 0 1857311 1152462 668446 36403 Membership Dues 1305424 761287 498746 45391 30231177 16024120 14173273 33784 219707320 136811130 78254556 4641634 30263360 50378956 0 0 11274513 35786433 53858004 67823395 0 0 0 0 0 0 57396 69985 2035654 2286747 325806058 192854941 171664607 132951117 155373459 167504113 25335760 26919060 0 0 0 0 2090016 972980 451952769 484692786 13592973 14518716 0 0 12294670 17899747 59904564 61239819 0 0 0 0 17518527 12078712 0 0 5587871 16317439 108898605 122054433 X 113435574 122312566 229618590 240325787 343054164 362638353 451952769 484692786 19584189 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 187225850 4142069 19611696 0 7553031 2414081 201012503 182183129 1689946 13378334 0 9207279 818280 187225850 199433008 2646119 -9172394 0 9128074 1595530 182183129 179533561 2152586 39410177 0 20125494 1537822 199433008 182713409 1016387 6348734 0 9164786 1380181 179533563 0 1 0 0 0 0 0 0 325806058 0 192854941 132951117 0 0 0 0 0 0 0 0 0 0 0 0 132951117 0 0 Cash Equivalents 1091138 F Bonds 8989846 F Hedge Funds 6302421 F Other 10535655 F 26919060 0 Government advances for student loans 4106457 Funds held in trust for others 1931508 Finance lease liability 10279474 16317439 X 228607569 0 0 0 -10683940 -10683940 239291509 0 0 0 239291509 210449271 0 0 0 730236 730236 209719035 0 9988285 9988285 219707320 Schedule D, Part III, Line 1 To improve the health and healthcare of minority and underserved communities by offering excellent education and training programs in the health sciences; delivering high quality health services; and advancing health equity through innovative research that fosters the elimination of health disparities. Schedule D, Part III, Line 4 The Artwork maintained by the Institution consists of African artifacts that increases the institutions total asset value. Schedule D, Part V, Line 4 The intended use of endowment funds is to fund scholarships for students and programs for the institution. Schedule D, Part X, Line 2 The organization accounts for the effect of any uncertain tax positions based on a more likely than not threshold to the recognition of the tax positions being sustained based on the technical merits of the position under examination by the applicable taxing authority. Tax positions for the College included, but are not limited to, its tax-exempt status and determination of where certain income is subject to unrelated business income tax. The College has determined that such tax positions do not result in an uncertainty requiring recognition. Schedule D, Part XI, Line 2d Scholarships 9,988,285 Change in net min pension liability 630,270 Change in mkt val of int rate swap agreement 65,385 Schedule D, Part XII, Line 2d The audited financial statement expense is adjusted for provision for income taxes and expenses relate to MMCV, Inc. Schedule D, Part XII, Line 4b The audited financial statement total expenses include an adjustment for college funded scholarships. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 A non-discriminatory policy statement accompanies all solicitations Schedule E, Part I, Line 6 The organization receives funds and disburses to students; financial assistance based on criteria as required by the funding agency. 1 Scholarships to students 404 3635758 0 Schedule I, Part I, Line 2 The organization has a Grants and Contracts management system for insuring compliance with federal, state, local, and private grant stipulations and requirements. Each program is responsible for monitoring the individual grants and contracts. The college retains independent auditors who prepare the federal Single Audit and OMB Circular A-133. X X X 1 1 X X 0 1 0 0 0 0 0 0 0 LaMel Bandy-Neal Senior VP Finance / CFO 888612 0 50000 0 0 0 22500 0 28471 0 989583 0 0 0 James E K Hildreth President/CEO 856746 0 0 0 0 0 0 0 25106 0 881852 0 0 0 Michelle Nichols Senior VP Clinical Affairs and GME 572095 0 50000 0 0 0 22500 0 7222 0 651817 0 0 0 Anil Shanker Sr Vice President Research and Innovation 466194 0 80000 0 0 0 22500 0 36194 0 604888 0 0 0 Ivanetta D Samuels Senior VP/ General Counsel 473247 0 70000 0 0 0 22500 0 33579 0 599326 0 0 0 Peter E Millet Executive Vice President 482245 0 40000 0 0 0 22500 0 32325 0 577070 0 0 0 Charae Farmer Dean School of Dentistry 461384 0 40000 0 0 0 22500 0 30376 0 554260 0 0 0 Jeannette South-Paul Exec VP and Provost/ Former Trustee 550000 0 0 0 0 0 0 0 0 0 550000 0 0 0 Carlton Adams Chair Surgery/Trustee 439660 0 0 0 0 0 0 0 36279 0 475939 0 0 0 Daniel Dawes SVP/ Exec Director School of Global Health 428869 0 0 0 0 0 22500 0 18964 0 470333 0 0 0 Lloyda Williamson Chair Psychiatry 341530 0 50000 0 0 0 0 0 32832 0 424362 0 0 0 Muyiwa Adedokun Asst Professor Surgery 400818 0 0 0 0 0 0 0 16890 0 417708 0 0 0 Merry Lindsey Dean School of Graduate Studies 381499 0 0 0 0 0 22500 0 13528 0 417527 0 0 0 Digna S Forbes Interim Dean School of Medicine 390339 0 0 0 0 0 0 0 18807 0 409146 0 0 0 Fortune Mhlanga Dean School of Applied Computational Sciences 366726 0 0 0 0 0 22500 0 15669 0 404895 0 0 0 Richard Fremont Chair Internal Medicine 342195 0 23333 0 0 0 0 0 28877 0 394405 0 0 0 Asiyanbola Bolanle Asst Professor Surgery 337363 0 0 0 0 0 0 0 6440 0 343803 0 0 0 Saletta Holloway Asst Corp Sec /SVP Board Relations 258150 0 25000 0 0 0 22500 0 31653 0 337303 0 0 0 Duane Smoot Professor Internal Medicine 235269 0 0 0 0 0 0 0 18422 0 253691 0 0 0 Sonja Harris-Haywood Dean School of Medicine 231369 0 0 0 0 0 9375 0 6989 0 247733 0 0 0 Juan McGruder Sr Vice President Institutional Advancement 165923 0 0 0 0 0 22500 0 292 0 188715 0 0 0 Marquetta Faulkner Former Dean School of Medicine (Retired) 64083 0 0 0 0 0 0 0 6395 0 70478 0 0 0 Schedule J, Part I, Line 1a The compensation package paid to the President/CEO is approved by the executive committee of the Board of Trustees. Schedule J, Part I, Line 4 The organization sponsors a loan regime split dollar arrangement. See Schedule L, Part II. A Health and Educational Facilities Board of the Metropolitan Government of Nashville and Davidson County TN 626139016 592041SK4 2009-12-03 17025000 Refunding of outstanding callable bond issue 1 0 0 A 17025000 17025000 0 0 0 0 0 0 0 0 0 0 1 1 1 1 A 0 0 0 0 0 0 0 1 0 0 A 0 0 0 0 1 0 0 0 1 A 1 James E K Hildreth Current officer and key employee X 6340015 6295372 0 1 1 6295372 Adrian D Samuels Family member of Ivanetta Davis-Samuels, Officer 363000 Employment 0 Natalie R Stephens Family member of LaMel Bandy-Neal, Officer/CFO 91980 Employment 0 Christian D Neal Family member of LaMel Bandy-Neal Officer/CFO 67500 Employment 0 Paula N Yarbrough Family member of Charae Farmer-Dixon, Dean SOD 75000 Employment 0 Tyler Dixon Family member of Charae Farmer-Dixon 65000 Employment 0 Alicia Holloway Family member of Saletta Holloway 118000 Employment 0 Mackenzie Millet Family Member of Peter Millet, EVP (Officer) 80000 Employment 0 Schedule L, Part II Joint investment in cash value life insurance policy to supplement retirement income and return investment and interest in the organization. The joint policy provides supplemental retirement benefits through an alternative funding arrangement the IRS calls "collateral assignment split dollar" (CASD). Although the IRS requires reporting in the loan section of Schedule L, CASD is not an actual loan - no funds are transferred to the executive. The arrangement falls under the IRS regime tax regulation; therefore, the College recovers all fo its outlay plus interest upon the executive's death. Form 990, Part III, Line 4d Public, Society Benefit Programs, General/Other: Funds expended for activities that are established primarily to provide non-instructional services beneficial to individuals and groups external to the institution. Cost of providing health services to the community. (Number of patients encounters for year: 61,555) Form 990, Part VI, Section B, Line 11b Copies of the Form 990 are reviewed by the Executive Committee of the Board of Trustees prior to filing. The Executive Committee provides review on behalf of the full board. The College posts the form 990 on the Passageways OnBoard Portal and makes hard copies available, giving access to all board members. After review the College files the return with the IRS. Form 990, Part VI, Section B, Line 12c The organization has a formal conflict of interet policy that requires an annual update from its Board of Trustees members and employees. The employees are required to complete a web-based conflict of interest training prior to completing the form. The policy requires reporting of existing or potential conflicts to the Office of the General Counsel. Potential and actual conflicts are discussed between the employee's immediate supervisor and a representative from the Office of the General Counsel. A conflict of interest committee hears complaints and provides advice in cases where conflict can be resolved. Potential or actual conflicts that are identified by the Board of Trustees members are reviewed by the Board. Form 990, Part VI, Section B, Line 15 Compensation for the CEO is determined by an executive committee of the Board of Trustees. Compensation arrangements of the officers and key employees are approved by the executive committee. Periodic use of an independent compensation consultant is utilized. Comparable data from affiliates such as the Association of Academic Health Centers, Association of American Medical Colleges, and NACUBO is utilized to determine compensation. Form 990, Part VI, Section C, Line 19 Policies are reviewed and approved by the executive management of the College and made available to the campus through the College's intranet site. Training is provided where deemed necessary. The organization provides upon request, governing documents through the Office of the General Counsel and financial statements through the Office of the Controller. Form 990, Part IX, Line 24e x MMCV Inc 1005 Dr DB B Todd Jr Blvd Nashville TN 372083599 854370391 Misc Financial Investment Activities TN N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 A senior leader of our accounting staff separated from our organization only 3 weeks prior to the filing due date. This person had the sole responsibility of preparing this report. We immediately brought in a replacement, and locating all the data for the report took more time that was required to meet the deadline.