2020-05-14T15:34:46-07:00 2019-06-30 990 2018-07-01 310970262 MARTIN UNIVERSITY INC MART 3175433632 2186 North Sherman Drive Indianapolis IN 46218 Michael Moos Vice President for Fiscal Affairs 3179173623 2020-05-14 199.8.36.251 2018 2020-11-19 02:30:22Z Michael Moos 2186 North Sherman Drive Indianapolis IN 46218 4598275 0 X www.martin.edu X 1977 IN Martin University's mission is to provide excellence in educating and developing traditional and non-traditional students in an inclusive, supportive and healthy collegiate environment. 14 14 129 124 0 0 1255054 692488 4538107 3713418 1628 19316 25198 81962 5819987 4507184 42749 115263 0 0 3704601 3041632 0 0 230803 1695132 1836874 5442482 4993769 377505 -486585 12310435 11155914 2793602 2125666 9516833 9030248 To make higher education available to all who can benefit. Martin University serves minority, low income and adult learners in a healing and freedom-minded environment. 0 0 2045339 115263 3713418 Provide college education which includes a 4 year liberal arts program to approximately 800 students. 0 0 0 2045339 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 1 129 1 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 IN X Martin University 3179173623 2186 North Sherman Drive Indianapolis IN 46218 Gregory Gill Secretary 2 0 X 0 0 0 Nancy Chism Chair 2 0 X 0 0 0 Michael Ames Vice Chair 2 0 X 0 0 0 Tracy Boyd Trustee 2 0 X 0 0 0 Richard Hunter Trustee 2 0 X 0 0 0 Fred Johnson Trustee 2 0 X 0 0 0 David Allen Trustee 2 0 X 0 0 0 Max Siegal Trustee 2 0 X 0 0 0 Joseph Perkins Trustee 2 0 X 0 0 0 Bruce Buchanan Trustess 2 0 X 0 0 0 Heidi Ries Trustee 2 0 X 0 0 0 Jesse Brown Trustee 2 0 X 0 0 0 Brenda Shaheed Trustee 2 0 X 0 0 0 Sean Huddleston President 40 0 X 162000 0 5000 162000 0 5000 1 0 1 0 Anthem PO Box 105113 Atlanta GA 30348 Healthcare Insurance 346721 Indiananpolis Power and Light 2102 N Illinios Street Indianapolis IN 46202 Utilities 101334 Clausell & Associates 4260 Clausell Court Decatur GA 30035 Auditing Services 101500 3 0 0 0 0 185373 507115 0 692488 Tuition and Fees 611310 3713418 3713418 0 0 0 0 0 0 3713418 19316 19316 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105330 91091 14239 14239 0 0 67723 67723 0 0 67723 4507184 3814696 0 0 0 0 0 0 115263 115263 0 0 0 0 0 0 0 0 0 0 2484991 1332684 1017408 134899 0 0 0 0 336801 183785 132157 20859 219840 131017 76235 12588 0 0 0 0 0 0 0 0 103216 0 103216 0 0 0 0 0 0 0 0 0 0 0 113627 55733 54519 3375 137521 52152 49688 35681 120596 12422 97229 10945 146805 26391 120414 0 0 0 0 0 266015 86813 167784 11418 16712 10618 6094 0 0 0 0 0 10640 4543 5059 1038 84598 0 84598 0 0 0 0 0 477543 0 477543 0 118977 0 118977 0 Bad Debt 156212 0 156212 0 Instructional 32419 27963 4456 0 Association Dues 44320 5955 38365 0 7673 0 7673 0 4993769 2045339 2717627 230803 1000 1000 1758071 1186961 236596 196266 656139 465843 0 0 0 0 0 0 834 1301 82931 79263 15826097 7186283 8939750 8639814 565371 584677 69743 789 12310435 11155914 155393 69727 0 0 664284 333556 1398617 1198477 0 0 0 0 575308 523906 0 0 0 2793602 2125666 X 8711542 7771581 163672 545891 641619 712776 9516833 9030248 12310435 11155914 -486585 0 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 708091 434770 19306 288364 0 0 873803 187117 581340 1185 61551 0 0 708091 201364 64016 102 78365 0 0 187117 208063 86922 0 93621 0 0 201364 229044 65946 251 87178 0 0 208063 0 0.81 0.19 0 0 0 1135330 1135330 0 12659517 6248914 6410603 0 0 0 0 0 2007486 937369 1070117 0 23764 0 23764 8639814 4569979 0 0 0 91091 91091 4478888 0 28296 28296 4507184 5056564 0 0 0 91091 91091 4965473 0 28296 28296 4993769 Schedule D, Part V, Line 4 The use of the endowment funds are intended for the mission of the University, in addition, where indicated, to meet the restrictions of the donors. Schedule D, Part XI, Line 2d Revenue amounts included in financials - Other cost of goods sold - $91,091 Schedule D, Part XI, Line 4b Revenue amounts included in financials - Other institutional scholarships - Schedule D, Part XII, Line 2d Revenue amounts included in other financials Schedule D, Part XII, Line 4b Revenue amounts included in other financials 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 University uses media advertisements that contain the statement "Open enrollment". The non-discriminatory policy is also printed in the University's student handbook. Schedule E, Part I, Line 6 Martin University receives Title IV funds for student aid and other direct funds from the US department of Education and State Aid. X 1 1 X X X 0 1 0 0 0 0 0 0 0 Sean Huddleston President 150000 0 0 0 12000 0 5000 0 0 0 167000 0 0 0 Schedule J, Part I, Line 1a The President of Martin University receives a housing stipend as part of his salary compensation. Schedule J, Part I, Line 4 The President received a $5000 deferred retirement benefit in a 457b plan. A The National Bank of Indianapolis 351904483 2016-07-28 1655000 Refinance for an educational facility 0 0 0 A 0 0 1655000 0 0 0 0 0 0 0 0 0 2026 0 0 1 1 A 0 0 0 0 0 0 0 1 0 0 A 1 0 0 0 0 1 Form 990, Part VI, Section A, Line 4 The Board of Directors updated the bylaws. No substantial change was made to the governance of the organization. Form 990, Part VI, Section B, Line 11b The University Vice President for Finance and Administration completes the form 990, the form is then reviewed by the Controller. Once the internal review is complete the form is filed. The Board of Trustees is then notified that the form has been filed. Form 990, Part VI, Section B, Line 12c The Board of Trustees has adopted rules for the compliance with its conflict of interest policy. The oversight of the policy includes training and written documents to be signed by each Board member. Annually in May, the secretary reviews the conflict of interest forms. Form 990, Part VI, Section B, Line 15 The Board of Trustees use compensation surveys, studies and benchmarking with similar organizations to determine salaries of top management officials. The Board consults with independent consultants on industry standards regarding compensation plans. The entire Board reviews and approves the president's employment agreement and key employees. This includes compensation benefits, responsibilities, and performance reviews. Form 990, Part VI, Section C, Line 18 Upon written requests and reasonable time, the Board ma make organizational documents available to the public. Form 990, Part VI, Section C, Line 19 Upon written requests and reasonable time, the Board may make organizational documents available to the public.