2022-02-24T17:12:22-06:00 2021-06-30 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2020-07-01 620483210 MARTIN METHODIST COLLEGE MART 9313639865 433 WEST MADISON STREET PULASKI TN 38478 MARK LA BRANCHE PRESIDENT 9313639865 2022-02-22 1 MARK LA BRANCHE 999009999 STEVEN D WARREN P00921930 6153205500 2022-02-22 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARK LA BRANCHE 433 WEST MADISON STREET PULASKI TN 38478 29025343 0 X X 1909 TN POST-SECONDARY EDUCATION 26 26 343 0 0 0 2447982 3656842 21955686 20069305 124075 972357 650038 1985163 25177781 26683667 10260193 9164535 0 0 8624391 8349478 0 0 415286 8059078 8634350 26943662 26148363 -1765881 535304 35472816 36451504 9414157 7379239 26058659 29072265 X CARRY FORWARD THE HISTORICAL MISSION OF THE COLLEGE BY MAINTANING THE OPERATION OF A COLLEGE FOR MEN AND WOMEN UNDER THE FOSTERING CARE, AUSPICES, AND PATRONAGE OF THE TENNESSEE ANNUAL CONFERENCE OF THE UNITED METHODIST CHURCH AND TO PERFORM SUCH FUNCTIONS AND ACTIVITIES REQUIRED TO CARRY OUT THE FOREGOING PURPOSES. 0 0 21017187 9164535 20389236 MARTIN METHODIST COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION RELATED TO THE UNITED METHODIST CHURCH AND IS COMMITTED TO BEING THE EDUCATIONAL EPICENTER FOR SOUTH CENTRAL TENNESSEE AND A COLLEGE OF OPPORTUNITY FOR OUR STUDENTS, COMMMUNITY AND CHURCH. ITS MISSION IS TO PROVIDE UNDERGRADUATE, GRADUATE AND PROFESSIONAL PROGRAMS GROUNDED IN THE LIBERAL ARTS AND SCIENCES THAT ARE DESIGNED TO PREPARE STUDENTS FOR CAREERS AND LIVES OF CONTINUED LEARNING; PROMOTE A DIVERSE AND GLOBALLY CONSCIOUS LEARNING COMMUNITY THAT NURTURES INTELLECTUAL, SPIRITUAL, SOCIAL AND PERSONAL GROWTH; AND SERVE THE REGION AND CHURCH THROUGH EDUCATIONAL, SPIRITUAL, SOCIAL, AND CULTURAL PROGRAMS.MARTIN METHODIST HAS IDENTIFIED THE FOLLOWING VALUES AS KEY TO ITS ORGANIZATION.NURTURE:A MARTIN EDUCATION HAS ALWAYS INCLUDED A UNIQUE BLEND OF CHALLENGE AND SUPPORT. THIS NURTURING ATMOSPHERE DRAWS OUT THE BEST IN STUDENTS AND ENCOURAGES AN UNUSUAL LEVEL OF ACHIEVEMENT AND SUCCESSHONOR:THE CAMPUS EXPERIENCE AT MARTIN METHODIST IS MARKED BY SPECIAL ATTENTION TO ISSUES OF ACADEMIC INTEGRITY AND CHARACTER DEVELOPMENT, WITH THE COLLEGE'S CODE OF HONOR SERVING A CENTRAL ROLE.DIVERSITY:OUR ACADEMIC COMMUNITY APPRECIATES THE EDUCATIONAL ADVANTAGE OF A DIVERSE LEARNING ENVIRONMENT, INCLUDING DIVERSITY OF ETHNICITY, NATIONALITY AND CREED. IN THAT CONTEXT WE ALSO VALUE THE KIND OF COOPERATIVE SPIRIT THAT LEADS TO MUTUAL UNDERSTANDING AND TRUE COLLABORATION.COMPASSION:THE MARTIN METHODIST COLLEGE FAMILY, TRUE TO ITS CHURCH CONNECTION, REGULAR EXPRESSES ITS CARE AND CONCERN, NOT ONLY INTERNALLY BUT EXTERNALLY TOWARD OUR COMMUNITY AND REGION. THIS COMPASSION TRANSLATES INTO ACTIVE SERVICE AND SERVICE-LEARNING PROGRAMS FOR STUDENTS WITH THE UNDERSTANDING THAT ACQUIRED SKILLS AND KNOWLEDGE ARE TO BE USED TO BLESS THE LIVES OF OTHERS.MARTIN METHODIST COLLEGE OFFERS A WIDE VARIETY OF PROGRAMS AND SERVES APPROXIMATELY 1,000 STUDENTS. 21017187 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 22 0 1 343 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARK LA BRANCHE 9313639820 433 WEST MADISON STREET PULASKI TN 38478 J ALLEN SCOGGIN TRUSTEE 1.00 X 0 0 0 ALLEN BLACK TRUSTEE 1.00 X 0 0 0 ZAN STARNES MARTIN TRUSTEE 1.00 X 0 0 0 STEVE SPIVEY TRUSTEE 1.00 X 0 0 0 LARRY D ODOM TRUSTEE 1.00 X 0 0 0 SAM BELK TRUSTEE 1.00 X 0 0 0 ROBERT H SPAIN TRUSTEE EMERITUS 1.00 X 0 0 0 BETSY BASS MILLER TRUSTEE 1.00 X 0 0 0 SARA W REESE SECRETARY 1.00 X 0 0 0 KENNETH H PINKSTON TRUSTEE EMERITUS 1.00 X 0 0 0 ROBERT W GALLAHER TRUSTEE EMERITUS 1.00 X 0 0 0 CECIL BATCHELOR TRUSTEE EMERITUS 1.00 X 0 0 0 ROBERT H WALKER TRUSTEE EMERITUS 1.00 X 0 0 0 CORNELIA A CLARK EXECUTIVE VICE CHAIR 1.00 X 0 0 0 RICHARD F WARREN EXECUTIVE CHAIR 5.00 X 0 0 0 BOB LUNA AUDIT AND RISK CHAIR 1.00 X 0 0 0 TIM UNDERWOOD TRUSTEE 1.00 X 0 0 0 BYRON R TRAUGER TRUSTEE 5.00 X 0 0 0 D DORAN JOHNSON TRUSTEE 1.00 X 0 0 0 WAYMON L HICKMAN TRUSTEE EMERITUS 1.00 X 0 0 0 MACK S LINEBAUGH JR TRUSTEE EMERITUS 1.00 X 0 0 0 H LYNN GREER JR TRUSTEE EMERITUS 1.00 X 0 0 0 JIM EDMONDSON TRUSTEE 1.00 X 0 0 0 TROY A MIZELL TRUSTEE 1.00 X 0 0 0 SARAH GARNER TRUSTEE 1.00 X 0 0 0 BILL MCALILLY TRUSTEE 1.00 X 0 0 0 CORBETTE S DOYLE TRUSTEE 1.00 X 0 0 0 KENNETH D FUNGER TRUSTEE 1.00 X 0 0 0 BRAD BUTLER TRUSTEE 1.00 X 0 0 0 BRENDA SPEER TRUSTEE 1.00 X 0 0 0 H NEIL JOBE TRUSTEE 1.00 X 0 0 0 WAYNE ANDREWS TRUSTEE 1.00 X 0 0 0 MORRIS ED HARWELL TRUSTEE EMERITUS 1.00 X 0 0 0 ALBERT MOSLEY TRUSTEE 1.00 X 0 0 0 ZACH MOFFATT TRUSTEE 1.00 X 0 0 0 DANIEL MCMASTERS VP OF STUDENT AFFAIRS 40.00 X 63996 0 11234 EDNA LUNA VP OF EXTERNAL AFFAIRS 40.00 X 71565 0 3595 RHONDA CLINARD ASSOCIATE VP OF FINANCE 40.00 X 70479 0 7372 JEFF BAIN EXECUTIVE DIRECTOR OF ATHLETICS 40.00 X 95780 0 8740 ROBERT SHELTON EXECUTIVE VP & COO 40.00 X 122284 0 14481 MARK LABRANCHE PRESIDENT 40.00 X 228781 0 17789 JUDY CHEATHAM PROVOST 40.00 X 152724 0 8039 JAMES HLUBB ASSISTANT VP OF HR 40.00 X 69098 0 11446 TYLER COX VP OF ENROLLMENT MANAGEMENT 40.00 X 61376 0 10636 936083 0 93332 3 0 1 0 METZ CULINARY MANAGEMENT 2 WOODLAND DR DALLAS PA 18612 CAFETERIA SERVICE 896452 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 CAMPUS FACILITIES MANAGEMENT 804926 PES PULASKI ELECTRIC SYSTEM PO BOX 368 PULASKI TN 38478 UTILITIES 461586 TEACHER'S INS & ANNUITY ASSO 730 THIRD AVENUE NEW YORK NY 10017 RETIREMENT 422834 CHURCH MUTUAL INSURANCE COMPANY PO BOX 767 MERRILL WI 54452 PROPERTY, AUTO, AND LIABILITY INSURANCE 258399 5 59354 1236525 2360963 71231 3656842 TUITION & FEES 611310 17307023 17307023 AUXILIARY ENTERPRISES 900099 2762282 2736283 0 25999 20069305 372753 372753 2924960 2325356 599604 599604 599604 8511 59354 16320 -7809 -7809 PPP LOAN 900099 1645500 1645500 MISCELLANEOUS REVENUE 900099 345930 345930 VENDING MACHINE 900099 1542 1542 1992972 26683667 20389236 0 2637589 9164535 9164535 936083 702062 187217 46804 6233647 4730115 1306767 196765 177314 136558 35162 5594 492845 402426 79219 11200 509589 418992 72803 17794 260534 260534 66968 66968 22457 22457 361059 14200 345176 1683 489170 391336 97834 176494 148833 26222 1439 280136 280136 1689971 1351977 337994 323735 323735 OTHER EXPENSES 1284915 1038331 218123 28461 SUPPLIES 1055459 738821 211092 105546 MAINTENANCE 865719 692576 173143 LOSS ON DISPOSAL OF FIX 372768 372768 1384965 1086425 298540 26148363 21017187 4715890 415286 2201187 1994018 1501700 1000000 309157 299177 201200 82894 196038 89644 36698095 20641892 16825061 16056203 11234747 13970806 653835 44054 2349891 2914708 35472816 36451504 558779 253062 119563 136199 8735815 6989978 9414157 7379239 X 8788815 9980784 17269844 19091481 26058659 29072265 35472816 36451504 535304 2478302 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14329758 184019 1886849 480217 104494 15815915 14661597 140075 -175052 123061 98278 14405281 15178904 72246 84449 574727 99275 14661597 14508291 243454 850575 328653 94763 15178904 13826298 132261 1199502 557266 92504 14508291 0.24169 0.75830 1 0 791528 791528 30965365 16823552 14141813 3874003 3353294 520709 1067199 465046 602153 16056203 OTHER ASSETS 529978 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 2384730 2914708 ANNUITIES PAYABLE 285978 CAPITAL LEASE OBLIGATIONS 48764 NOTES PAYABLE AND LONG-TERM DEBT 6655236 6989978 X 20013754 2478302 16320 2494622 17519132 9164535 9164535 26683667 17000148 16320 16320 16983828 9164535 9164535 26148363 PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUDE CODE; ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE COLLEGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSIITONS 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 AUTORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSIITONS, ANY UNRECOGNIZED TAX BENEFIT IS ESTIMATED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR THE COLLEGE INCLUDE, BUT ARE NOT LIMITED TO, THE TAX EXEMPT STATUS AND DETERMINATION OF WHETHER CERTAIN INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 16,320. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED WITH REVENUES IN THE AUDITED FINANCIAL STATEMENTS 9,164,535. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 16,320. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED WITH REVENUE IN THE AUDITED FINANCIAL STATEMENTS 9,164,535. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MARTIN METHODIST COLLEGE HAS PUBLICIZED ITS RACIALLY NON-DISCRIMINATORY POLICY THROUGH INCLUSION OF SUCH POLICY IN VARIOUS PUBLICATIONS RELATED TO ADMISSIONS, EMPLOYMENT, HOUSING, ATHLETICS, ETC. ALUMNI GOLF TOURNAMENT 49505 45764 3741 8116 REDHAWK SCRAMBLE 18360 13590 4770 8204 67865 59354 8511 16320 16320 -7809 0 STUDENT SCHOLARSHIPS AND GRANTS 861 9164535 PART I, LINE 2: THE COLLEGE MAINTAINS AN OFFICE OF FINANCIAL AID, WHICH IS REPONSIBLE FOR THE MONITORING OF GRANT FUNDS AWARDED TO THE COLLEGE AND STUDENTS. X 1 1 X X 0 0 0 0 0 0 0 0 0 MARK LABRANCHE PRESIDENT 228781 0 0 0 0 0 12000 0 5789 0 246570 0 0 0 JUDY CHEATHAM PROVOST 152724 0 0 0 0 0 7500 0 539 0 160763 0 0 0 PART I, LINE 1A HOUSING OWNED BY THE COLLEGE IS PROVIDED TO THE PRESIDENT. POWELL BUILDING GROUP BUSINESS RELATIONSHIP 68019 JOHN D. FINCH, TRUSTEE, SERVES AS THE CHIEF OPERATING OFFICER OF POWELL BUILDING GROUP, AN ENTITY THAT PROVIDES BUILDING PROJECT SERVICES TO MARTIN METHODIST COLLEGE. ALL TRANSACTIONS ARE CONDUCTED AT ARM'S LENGTH. 0 SHARP MOTOR COMPANY INC BUSINESS RELATIONSHIP 195 W.P. MURREY, JR., TRUSTREE, SERVES AS THE CHAIRMAN OF SHARP MOTOR COMPANY, INC., AN ENTITY FROM WHICH MARTIN METHODIST COLLEGE HAS PURCHASED VEHICLES. ALL SALES WERE AT FAIR MARKET VALUE AND CONDUCTED AT ARM'S LENGTH. 0 X 3 71231 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B SCHOOL OFFICIALS, IN CONSULTATION WITH THE PAID PREPARER, WILL COMPLETE AND REVIEW FORM 990. UPON REVIEW AND DETERMINATION IT HAS BEEN COMPLETED TO THE BEST OF THEIR ABILITY, IT WILL BE PRESENTED TO THE AUDIT COMMITEE FOR REVIEW AND APPROVAL. UPON APPROVAL BY THE AUDIT COMMITEE, THE BOARD WILL BE NOTIFED OF SAID APPROVAL. THE BOARD WILL HAVE THE OPPORTUNITY TO REVIEW AND MAKE COMMENTS PRIOR TO FINAL SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST CERTIFICATION IS COMPLETED EACH YEAR, REVIEWED, AND APPROVED BY THE BOARD OF TRUSTEES OR COMMITTEES WITH BOARD-DELEGATED POWERS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT OF THE COLLEGE REPORTS TO AND IS EMPLOYED BY THE BOARD OF TRUSTEES. SALARIES AND BENEFITS OF ALL EMPLOYEES ARE DETERMINED BY CONDUCTING AN ANNUAL REVIEW OF MULTIPLE INTERNAL AND EXTERNAL SOURCES TO ENSURE THAT COMPENSATION REFLECTS FAIR MARKET VALUE AND REASONABLE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST