2020-02-17T16:38:05-07:00 2019-06-30 990 2018-07-01 620488046 MEHARRY MEDICAL COLLEGE MEHA 6153276241 1005 Dr D B Todd Jr Blvd Nashville TN 37208 LaMel Bandy-Neal Sr. Vice President of Finance & CFO 6153276767 2020-02-14 192.136.67.2 2018 2020-09-23 17:36:50Z Dr James E K Hildreth 1005 Dr D B Todd Jr Blvd Nashville TN 372083599 140441734 0 X www.mmc.edu X 1915 TN To improve the health and healthcare of minority and under served communities by offering excellent education and training programs in the health sciences; delivering high quality health services; and conducting research that fosters the elimination of health disparities. 28 26 1175 0 0 0 66926535 65964606 63202887 60945359 5504165 6021904 13971723 7509865 149605310 140441734 2891454 2701382 0 0 82284226 77480908 80247 127397 2497689 62669693 52491889 147925620 132801576 1679690 7640158 356543283 364085767 135542229 135444555 221001054 228641212 To improve the health and healthcare of minority and under served communities by offering excellent education and training programs in the health sciences; delivering high quality health services; and conducting research that fosters the elimination of health disparities. 0 0 46367689 0 38389441 Professional Education: Education of students in the fields of medicine, dentistry, public health, and medical science and allied health profession. Degrees conferred include: MD, DDS, MHS, MSPH, and PhD. (Number of Graduates from the programs: 219). 23969578 0 22555918 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: 104,236). 13329054 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, Women's health, community engagement) with a primary focus on health disparities research. (Number of new grants for the year: 57). 11000256 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: 104,236). 11000256 0 0 94666577 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 166 0 1 1175 1 0 0 0 0 0 0 0 0 X 28 26 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 Dora S Moore 6153276241 1005 Dr D B Todd Jr Blvd Nashville TN 37208 Dr Nelson L Adams III Chairman 0 X 0 0 0 Milton H Jones Vice Chairman 0 X 0 0 0 Oluwabamise Raymond Akinnawo Trustee 0 X 0 0 0 Rev Greg Bergquist Trustee 0 X 0 0 0 Dr Brandon Barton Jr Trustee 0 X 0 0 0 Dr Fernando Daniels Trustee 0 X 0 0 0 Richard R Davis Trustee 0 X 0 0 0 Dr Coyness L Ennix Jr Trustee 0 X 0 0 0 Dr Eric A Floyd Trustee 0 X 0 0 0 Derric A Gregory Sr Trustee 0 X 0 0 0 Dawn B Griffin Trustee 0 X 0 0 0 Dr Lewis Hargett Trustee 0 X 0 0 0 Aubrey Harwell Jr Trustee 0 X 0 0 0 Dr Martin D Jeffries Trustee 0 X 0 0 0 Dr Collis Johnson Trustee 0 X 0 0 0 Dr Sylvia Johnson Trustee 0 X 0 0 0 Ruben King-Shaw Jr Trustee 0 X 0 0 0 Dr Jonathan Perlin Trustee 0 X 0 0 0 Margie Rayford Trustee 0 X 0 0 0 Edgar G Rios Trustee 0 X 0 0 0 Dr Thomas A Scott Trustee 0 X 0 0 0 Dr Jeannette South-Paul Trustee 0 X 0 0 0 Bishop Joseph W Walker Trustee 0 X 0 0 0 Carol H Williams-Hood Trustee 0 X 0 0 0 James E Williams Trustee 0 X 0 0 0 Lorenzo Williams Trustee 0 X 0 0 0 Dr Robert L Williams Jr Trustee 0 X 0 0 0 Dr Kevin Woods Trustee 0 X 0 0 0 M Inez Crutchfield Trustee Emeritus 0 X 0 0 0 The Honorable Mary Pruitt Trustee Emeritus 0 X 0 0 0 Dr Frank S Royal Sr Trustee Emeritus 0 X 0 0 0 Dr T B Boyd Trustee Emeritus 0 X 0 0 0 Dr Harold O Jackson Asst Professor Dentistry/Trustee 40 X 110000 0 19997 Daphne Ferguson-Young Assoc Prof Dentistry/Former Trustee 40 X 130145 0 12452 Dr Robert Holt Professor Medicine/Former Trustee 40 X 97850 0 16044 James E K Hildreth President/CEO 40 X 670372 0 57545 Peter E Millet Executive Vice President 40 X 350000 0 42941 LaMel Bandy-Neal Senior VP Finance / CFO 40 X 385000 0 48104 Ivanetta D Samuels General Counsel/SVP 40 X 271538 0 46276 Saletta Holloway Asst Corp Sec/SVP Board Relations 40 X 200368 0 40189 Frank Royal Jr Former Executive Vice President 40 X 302985 0 26971 Veronica T Mallett Dean School of Medicine 40 X 550000 0 51058 Charae Farmer Dean School of Dentistry 40 X 325368 0 48898 Maria F Lima Dean School of Graduate Studies 40 X 278390 0 41141 Marquetta Faulkner Former Dean School of Medicine 40 X 242050 0 24074 Patrick H Johnson Advancement/SVP 40 X 250000 0 45637 Duane Smoot Chair Prof Internal Med 40 X 390000 0 24779 Anthony Disher Assoc Prof/Chair Radiology 40 X 365650 0 25739 Gwinnet Ladson Chair OB/Gyn 40 X 350000 0 30216 Stephanie McClure Senior Associate Dean SOM 40 X 350000 0 27668 Kevin Billups Professor Surgery 40 X 350000 0 22238 5969716 0 651967 158 0 1 0 Ellucian Company L P 4375 Fair Lakes Court Fairfax VA 22033 Information Technology Managment Services 3702757 Aramark Facility Services 22506 Network Place Chicago IL 606731225 Facilties Management Services 3424395 Vanderbilt University Medical Center IMGCT Core 536 Light Hall Nashville TN 37232 Medical Services 1111923 3P Advisors LLC P O Box 12569 Charlotte NC 28211 Professional Administrative Services 618109 Virtual Radiologic Professionals of Miinnesota PA P O Box 673398 Detroit MI 482673398 Radiology Professional Services 539349 25 0 0 0 0 53119076 12845530 0 65964606 Tuition and fees 611310 37239335 37239335 0 0 Sales and Service of Edu Depts 611310 1150106 1150106 0 0 Net Patient Service Revenue 611210 7175359 7175359 0 0 Contractual Healthcare 611310 15380559 15380559 0 0 0 0 0 0 60945359 6021904 6021904 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other Sources 611310 4999896 4999896 0 0 Net gain (loss) on investments 611310 2509969 2509969 0 0 0 0 0 0 7509865 140441734 74477128 0 0 0 0 2701382 2701382 0 0 0 0 3826072 1395809 2180263 250000 0 0 0 0 59344910 48061580 10301204 982126 2168379 1697624 428472 42283 8104474 6344993 1601444 158037 4037073 3160624 797726 78723 17846584 8865226 8595237 386121 875645 328683 546962 0 120250 0 120250 0 0 0 0 0 127397 127397 0 0 0 0 872202 825750 46452 0 94067 87730 6337 0 10562984 7274974 3208344 79666 4860292 3130270 1730022 0 0 0 0 0 4279902 3147440 1052000 80462 1520645 1081672 351484 87489 0 0 0 0 411186 351297 48879 11010 2329083 106 2328977 0 0 0 0 0 6219858 4574084 1645774 0 1787381 1314440 439338 33603 Membership Dues 596069 297685 192401 105983 All Other Expenses 115741 25208 15744 74789 132801576 94666577 35637310 2497689 16321638 20032795 0 0 263568 4789214 34195076 34707104 0 0 0 0 0 0 0 0 5534355 7374519 250466998 116162671 137427849 134304327 123690729 122919660 39110068 39958148 0 0 0 0 0 0 356543283 364085767 14370584 14370809 367616 7802 14936218 21446285 84066602 79672628 0 0 0 0 11326077 9314036 0 0 10475132 10632995 135542229 135444555 X 42916443 45570435 19226526 0 158858085 183070777 221001054 228641212 356543283 364085767 7640158 0 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 183666348 1252093 9193611 0 10048640 1350005 182713407 164695585 4048698 22011694 0 5646126 1443503 183666348 152148295 6294182 15598036 0 7405111 1939817 164695585 177403547 6775204 4020316 0 4522950 31527822 152148295 173554452 7543980 4275071 0 6753515 1216441 177403547 0 1 0 0 0 0 8591782 8591782 20711612 173077493 95989060 97800045 0 0 0 0 0 42957829 19258665 23699164 0 5128282 914946 4213336 134304327 0 0 Cash equivalents 2562037 F Bonds 28317992 F Other 9078119 F 39958148 0 Government advances for student loans 9462368 Funds held in trusts for others 1170627 10632995 X 135127041 0 0 0 0 0 135127041 0 5314693 5314693 140441734 127198596 0 0 0 0 0 127198596 0 5602980 5602980 132801576 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 include, 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 4b Audited financial statement total revenues include adjustment for college funded scholarships. Schedule D, Part XII, Line 4b Audited financial statement total expenses includes adjustment for college funded scholarships, adjustment in minimum pension liability, and adjustment in change in market value of interest swap agreement. 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. X X X X X X 1 Allegiant Direct Inc 278 Franklin Road Brentwood TN 37027 Direct mail. 0 547833 127397 420436 547833 127397 420436 AK AL AR AZ CA CT FL GA HI IL KS KY LA MA MD ME MI MN MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV 1 Scholarships to students 330 2701382 0 Schedule I, Part I, Line 2 The organization has a Grants and Contracts management system for ensuring 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 OMB Circular A-133 audit for compliance. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 James E K Hildreth President/CEO 668997 0 0 0 1375 0 25189 0 32356 0 727917 0 0 0 Peter E Millet Executive Vice President 350000 0 0 0 0 0 24693 0 18249 0 392942 0 0 0 LaMel Bandy-Neal Senior VP Finance / CFO 385000 0 0 0 0 0 32250 0 15854 0 433104 0 0 0 Ivanetta D Samuels General Counsel/SVP 250000 0 0 0 0 0 32077 0 14199 0 296276 0 0 0 Saletta Holloway Asst Corp Sec/SVP Board Relations 200598 0 0 0 0 0 28518 0 11671 0 240787 0 0 0 Frank Royal Jr Former Executive Vice President 328000 0 0 0 0 0 7916 0 19055 0 354971 0 0 0 Patrick H Johnson Advancement/SVP 250000 0 0 0 0 0 31000 0 14637 0 295637 0 0 0 Veronica T Mallett Dean School of Medicine 478000 0 0 0 0 0 32250 0 18808 0 529058 0 0 0 Charae Farmer Dean School of Dentistry 325598 0 0 0 0 0 32250 0 16648 0 374496 0 0 0 Maria F Lima Dean School of Graduate Studies 263354 0 0 0 0 0 31170 0 9972 0 304496 0 0 0 Marquetta Faulkner Former Dean School of Medicine 242050 0 0 0 0 0 12102 0 11971 0 266123 0 0 0 Duane Smoot Chair Prof Internal Med 374552 0 0 0 0 0 13750 0 11029 0 399331 0 0 0 Anthony Disher Assoc Prof/Chair Radiology 365650 0 0 0 0 0 13750 0 11989 0 391389 0 0 0 Gwinnet Ladson Chair OB/Gyn 360500 0 0 0 0 0 13750 0 16466 0 390716 0 0 0 Stephanie McClure Senior Associate Dean SOM 350000 0 0 0 0 0 13750 0 13918 0 377668 0 0 0 Kevin Billups Professor Surgery 350000 0 0 0 0 0 6731 0 15507 0 372238 0 0 0 Schedule J, Part I, Line 1a The compensation package paid to the CEO/President 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 0 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 office and key employee Supplemental retirement income benefits and life insurance X 6340015 5475869 0 0 1 5475869 Adrian Samuels Family member of Ivanetta Davis-Samuels, Officer 285368 Employment 0 3P Advisors Trustee Vice-Chairman Milton Jones is business partner 618109 Vendor consultant payments 0 Fernando Villalta Family member of Maria F Lima, Key employee 185400 Employment 0 Natalie R Stephens Family member of LaMel Bandy-Neal, Officer/CFO 71731 Employment 0 Chrstian D Neal Family member of LaMel Bandy-Neal, Officer/CFO 54000 Employment 0 Paula N Yarbrough Family member of Charae Farmer-Dixon, Key employee 55000 Employment 0 Schedule L, Part II Joint investment in a cash value life insurance policy to supplement retirement income and return investment and interest to 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 regulations; therefore, the College recovers all of its outlays plus interest upon the executive's death. 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 990 on the Passageways OnBoard Portal and makes hard copies available, giving access to all board members. The College files the return with the IRS. Form 990, Part VI, Section B, Line 12c The organization has a formal conflict of interest 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 conflicts can be resolved. Potential or actual conflicts that are identified by the Board of Trustee 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 arrangement 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.