2019-05-14T08:35:17-05:00 2018-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2017-07-01 580566212 PIEDMONT COLLEGE PIED 7067760100 PO BOX 10 DEMOREST GA 30535 DR JAMES MELLICHAMP PRESIDENT 7067760100 2019-05-14 1 MARY JO ALEXANDER P00002534 7709558600 2019-05-14 50.192.51.169 2019-05-14 09:13:06 ED P C9E50A38AD2D2B127455096DF8E7AFA996FFC2E7 0E8DBB2D075FE0DA59B382087A02F0A6729BA7A2 2017 2019-02-21 02:37:17Z DR JAMES MELLICHAMP PO BOX 10 DEMOREST GA 30535 117314766 0 X WWW.PIEDMONT.EDU X 1897 GA PIEDMONT COLLEGE IS A PRIVATE, NON-PROFIT COMPREHENSIVE LIBERAL ARTS INSTITUTION. 32 32 1184 31 0 0 1725183 7395710 41300046 47105762 5583886 8282194 81038 97418 48690153 62881084 10818917 11768798 0 0 22398758 23334035 0 0 227539 15991439 17507589 49209114 52610422 -518961 10270662 148885487 154761706 28770924 28044347 120114563 126717359 PIEDMONT COLLEGE DEDICATES ITSELF TO THE TRANSFORMATIVE POWER OF EDUCATION THROUGH RECIPROCAL LEARNING, THE DEVELOPMENT OF COMPASSIONATE LEADERS, AND THE STEWARDSHIP OF OUR LOCAL AND GLOBAL COMMUNITIES. 0 0 38036149 11768798 40354877 TUITION AND FEES - INSTRUCTIONAL PROGRAMS SUPPORT STUDENTS TO ACHIEVE THEIR BACHELOR'S, MASTER'S, AND DOCTORATE LEVEL OF DEGREES. 2017 - 2018 ENROLLMENT APPROXIMATED 2,693 STUDENTS. THE ORGANIZATION OFFERS FINANCIAL ASSISTANCE PROGRAMS, WORK-AID, ATHLETICS, STUDENT DEVELOPMENT, AND CULURAL ACTIVITIES BEYOND FORMAL INSTRUCTIONAL OPPORTUNITIES. 5168943 6451815 AUXILIARY - SERVICES PROVIDED BENEFITING STUDENTS INCLUDING FOOD SERVICE, RESIDENCE HALLS, AND FITNESS CENTER. 299070 OTHER ACTIVITIES - ACTIVITIES IN THE SUPPORT OF THE ORGANIZATION SUCH AS VARIOUS SPORTS AND THEATRE CAMPS, FOUNDATION SUPPORT, AND DEPOSITS. 43205092 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 64 0 1 1184 1 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X THE ORGANIZATION 7067760100 PO BOX 10 DEMOREST GA 30535 THOMAS A ARRENDALE III CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 DOCK SISK VICE CHAIRMAN 1.00 X X 0 0 0 STEWART SWANSON SECRETARY 1.00 X X 0 0 0 EDWARD ARIAIL TRUSTEE 1.00 X 0 0 0 LISA BLACK TRUSTEE 1.00 X 0 0 0 SANDY BORROW TRUSTEE 1.00 X 0 0 0 DR MARTHA CANTRELL TRUSTEE 1.00 X 0 0 0 DENNIS CATHEY TRUSTEE 1.00 X 0 0 0 BEN F CHEEK III TRUSTEE 1.00 X 0 0 0 JAMES E CORNWELL JR TRUSTEE 1.00 X 0 0 0 DWIGHT EVANS TRUSTEE 1.00 X 0 0 0 DAVID FOSTER TRUSTEE 1.00 X 0 0 0 PHILLIP FURMAN TRUSTEE 1.00 X 0 0 0 LAUREN GOZA TRUSTEE 1.00 X 0 0 0 MACK GUEST III TRUSTEE 1.00 X 0 0 0 THOMAS HENSLEY JR TRUSTEE 1.00 X 0 0 0 JANE HIGDON-BALLARD TRUSTEE 1.00 X 0 0 0 JAMES C HOBBS III TRUSTEE 1.00 X 0 0 0 WILLIAM HOUSE TRUSTEE 1.00 X 0 0 0 FRAN DAVIS JARRETT TRUSTEE 1.00 X 0 0 0 JAMES R LEMAY TRUSTEE 1.00 X 0 0 0 MYLLE MANGUM TRUSTEE 1.00 X 0 0 0 MICHAEL F MANSFIELD SR TRUSTEE 1.00 X 0 0 0 KARA KEEL MOODY TRUSTEE 1.00 X 0 0 0 JIM PARHAM TRUSTEE 1.00 X 0 0 0 JOSEPH PIPER TRUSTEE 1.00 X 0 0 0 TOM RICHARD TRUSTEE 1.00 X 0 0 0 BRIAN RICKMAN TRUSTEE 1.00 X 0 0 0 JAMES SIEVERS TRUSTEE 1.00 X 0 0 0 D STEWART SWANSON TRUSTEE 1.00 X 0 0 0 JOSEPH BEAU WINGATE TRUSTEE 1.00 X 0 0 0 JAMES F MELLICHAMP PRESIDENT OF THE COLLEGE 40.00 X 252209 0 4064 KENNETH JONES CFO 40.00 X 229292 0 6225 DR PERRY RETTIG VP, ACADEMIC AFFAIRS 40.00 X 157766 0 4350 AMY AMASON AP, ADVANCEMENT 40.00 X 135131 0 6741 DR JULIA BEHR DEAN, SCHOOL OF NURSING 40.00 X 133550 0 0 DR DONALD GNECCO DEAN, SCHOOL OF EDUCATION 40.00 X 129474 0 6450 DR STEVE NIMMO DEAN, ARTS AND SCIENCES 40.00 X 126727 0 6824 DR EDWARD TAYLOR DEAN, WALKER SCHOOL OF BUSINESS 40.00 X 127990 0 4350 1292139 0 39004 11 0 1 0 CHARTWELLS PO BOX 50196 LOS ANGELES CA 900740196 DINING HALL SERVICES FOR THE COLLEGE 2221629 SCROGGS & GRIZZEL CONTRATING PO BOX 316 GAINESVILLE GA 30503 CONSTRUCTION COMPANY 681415 BECK ASSOCIATES ARCHITECTS 110 W 7TH SUITE 710 TULSA OK 74119 ARCHITECTS 396356 TECTA AMERICA SOUTHEAST LLC 5085 SHILOH ROAD CUMMING GA 30040 ROOF CONSTRUCTION 304456 JUNEAU CONSTRUCTION CO 3715 NORTHSIDE PKWY NW BUILDING 3 ATLANTA GA 30327 CONSTRUCTION COMPANY 282528 17 147978 7247732 3652 7395710 TUITION & FEES 611710 40481166 40481166 ROOM AND BOARD 611710 6388525 6388525 OTHER PROGRAM INCOME 900099 164390 164390 CAMPUS BOOKSTORE 451211 48838 48838 AUXILIARY REVENUE 611710 14452 14452 8391 8391 47105762 271079 271079 97418 0 97418 97418 97418 62405296 39501 54376738 56944 8028558 -17443 8011115 8011115 62881084 47105762 0 8379612 11768798 11768798 653906 653906 18099461 11685916 6212262 201283 856381 856381 2353399 2353399 1370888 1364618 6270 52428 52428 55450 55450 243193 243193 3267246 3267246 88781 81109 7672 365217 360272 4945 801456 638281 163175 1824743 1674401 150342 1078822 1048225 29619 978 237669 168236 68868 565 687283 687283 3767829 3767829 386333 386333 WORK STUDY 1372177 1372177 INSTRUCTIONAL EXPENSES 932993 932993 SUPPLIES 663793 663793 EQUIPMENT AND MAINTENAN 331698 331409 289 1350478 542998 795673 11807 52610422 43205092 9177791 227539 809824 4457091 3887266 5640052 438987 3718924 272034 344765 127393522 44656244 84813622 82737278 51189509 54523158 6301060 2167253 91750 91750 1081435 1081435 148885487 154761706 715039 1202776 3461466 3300364 23169535 22042972 442664 418133 982220 1080102 28770924 28044347 X 104909559 106561382 7873574 12182382 7331430 7973595 120114563 126717359 148885487 154761706 X 10270662 -3494424 -173442 X X 0 1 X 1 1 1 X 3016267 2527892 2719072 1725183 7395710 17384124 3016267 2527892 2719072 1725183 7395710 17384124 4420172 12963952 1384069 1487829 1642225 1741470 368497 6624090 24008214 199947160 0.54000 0.40820 X SCHEDULE A, PART II THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170 (B)(1)(A)(VI) AND QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. X 1 0.00 1 1 1 0 1065508 X X 0 51949298 649965 3514853 3074870 53039246 47817279 91758 7676329 1403883 2232185 51949298 53965102 528721 -888047 103704 5684793 47817279 54547182 107087 1527280 305514 1910933 53965102 49435111 200740 6855403 266652 1642018 302054 54547182 0.80160 0.15030 0.04810 0 0 3962187 3962187 99207515 26742920 72464595 8326251 6055759 2270492 14722289 11857565 2864724 1175280 1175280 82737278 STUDENT DEPOSITS 291968 ANNUITIES PAYABLE 650774 CAPITAL LEASE LIABILITIES 137360 1080102 X 47207112 -3494421 -173442 -3667863 50874975 237311 11768798 12006109 62881084 40604313 0 40604313 237311 11768798 12006109 52610422 PART II, LINE 9: FRAME HOUSE LISTED ON THE HISTORIC REGISTER IS USED AS OFFICES FOR GRADUATE ADMISSIONS. THE HOUSE IS LISTED AS A FIXED ASSET ON THE FINANCIALS AND MAINTENANCE AND UTILITIES ARE EXPENSED AS DAILY OPERATIONAL. PART III, LINE 4: PIEDMONT COLLEGE BROADENS STUDENT LEARNING THROUGH COLLECTIBLES PRESENTED THROUGHOUT THE CAMPUS. FOR EXAMPLE, THE MASON-SCHARFENSTEIN MUSEUM OF ART AT PIEDMONT COLLEGE DELIVERS AN ENRICHED COLLEGE EXPERIENCE THROUGH A COLLECTION OF MORE THAN 120 PAINTINGS AND SCULPTURES. THE MUSEUM PROVIDES A UNIQUE ENVIRONMENT FOR STUDENTS AND MEMBERS OF THE COMMUNITY TO EXPLORE ART HISTORY. PART V, LINE 4: PIEDMONT COLLEGE'S ENDOWMENT INTENDS TO PROVIDE SCHOLARSHIPS TO STUDENTS. PART X, LINE 2: THE COLLEGE QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS A PUBLICLY SUPPORTED ORGANIZATION AND NOT AS A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE COLLEGE'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE COLLEGE FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE COLLEGE'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE COLLEGE'S FINANCIAL STATEMENTS. THE COLLEGE FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF GEORGIA. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF ANNUITIES -173,442. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS SCHOLARSHIPS 11,768,798. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS SCHOLARSHIPS 11,768,798. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 4 ALL ADVERTISEMENTS, SOLICITATIONS FOR STUDENTS AND STUDENT HANDBOOKS INCLUDE A STATEMENT THAT THE SCHOOL DOES NOT DISCRIMINATE. SCHEDULE E, PART I, LINE 6 PIEDMONT COLLEGE RECEIVES STUDENT FINANCIAL AID AWARDS FROM THE US DEPARTMENT OF EDUCATION, THE GEORGIA TUITION EQUILIZATION GRANT, HOPE FUNDS AND VARIOUS OTHER ASSISTANCE FROM THE STATE OF GEORGIA. EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 219002 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 110742 0 0 0 0 0 0 329744 0 329744 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL METHOD WAS USED TO ACCOUNT FOR FOREIGN EXPENDITURES. 1 SCHOLARSHIPS & GRANTS 1420 11768798 PART I, LINE 2: PIEDMONT COLLEGE PARTICIPATES IN THE STUDENT FINANCIAL ASSISTANCE PROGRAMS THROUGH THE U.S. DEPARTMENT OF EDUCATION. FUNDS ARE AWARDED AND DISBURSED TO STUDENTS BASED ON THE DEPARTMENT OF EDUCATION GUIDELINES SET FORTH BY THE TITLE IV PROGRAMS. X 1 1 X 0 0 0 0 0 0 0 1 0 JAMES F MELLICHAMP PRESIDENT OF THE COLLEGE 252209 0 0 0 0 0 0 0 4064 0 256273 0 0 0 KENNETH JONES CFO 204292 0 25000 0 0 0 0 0 6225 0 235517 0 0 0 DR PERRY RETTIG VP, ACADEMIC AFFAIRS 157766 0 0 0 0 0 0 0 4350 0 162116 0 0 0 PART I, LINE 1A A CURRAHEE CLUB SOCIAL MEMBERSHIP WAS PROVIDED FOR DR. MELLICHAMP. A CURRAHEE CLUB GOLF MEMBERSHIP WAS PROVIDED FOR DR. MISNER. SCHEDULE J PART I LINE 7 KENNETH JONES, CFO OF THE COLLEGE, RECEIVED A BOARD-APPROVED BONUS FOR $25,000. A DEVELOPMENT AUTHORITY OF THE UNIFIED GOVERNMENT OF ATHENS-CLARKE COUNTY GA 581911146 2013-02-22 6140000 PURCHASE ATHENS FACILITIES AND REFUNDING OF 2006 BOND 0 0 0 B THE HABERSHAM COUNTY DEVELOPMENT AUTHORITY 521367808 2013-04-03 10000000 FINANCE STUDENT COMMONS BUILDING 0 0 0 C THE HABERSHAM COUNTY DEVELOPMENT AUTHORITY 521367808 2014-09-17 8000000 FINANCE STUDENT COMMONS BUILDING AND PIEDMONT VILLAGE 0 0 0 D THE HABERSHAM COUNTY DEVELOPMENT AUTHORITY 521367808 2017-10-02 2485000 REFUNDING SERIES 1999 AND SERIES 2000 0 0 0 A 2607180 6100000 55554 1639800 4404646 2013 1 0 1 1 B 3000349 10000000 10000000 2013 0 0 0 0 C 847978 8000000 89077 7910923 2014 0 0 0 0 D 2485000 46600 1 0 0 0 A 0 0 1 1 0 0.04500 0.04500 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 A THE HABERSHAM COUNTY DEVELOPMENT AUTHORITY 521367808 2018-03-01 2215000 REFUNDING SERIES 1999 AND SERIES 2000 0 0 0 A 2215000 1 0 0 0 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. FORM 990 IS THEN REVIEWED IN DETAIL BY TOP MANAGEMENT AT THE COLLEGE, INCLUDING THE EXECUTIVE VICE PRESIDENT, THE ASSISTANT VICE PRESIDENT FOR FINANCE AND HUMAN RESOURCE, AND THE COMPLIANCE AND TREASURY OFFICER. EVERY MEMBER OF THE GOVERNING BODY IS PROVIDED WITH A COPY OF THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE COMPLETED BY ALL MEMBERS OF THE GOVERNING BODY. THESE STATEMENTS ARE MONITORED BY THE PRESIDENT'S OFFICE AND THE SENIOR ADMINISTRATION. IF A CONFLICT OF INTEREST ARISES, SENIOR MANAGEMENT INVESTIGATES AND SEEKS ADVICE FROM THE CHAIRPERSON AND EXECUTIVE COMMITTEE WHEN NECESSARY. LEGAL ADVICE WILL BE SOUGHT WHEN NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE PRESIDENT AND OFFICERS' SALARIES INCLUDED A REVIEW AND APPROVAL BY THE BOARD CHAIRMAN AND EXECUTIVE COMMITTEE, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: CHANGE IN ANNUITY LIABILITY -173,442. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF ITS FINANCIAL STATEMENTS, THE AUDIT, AND SELECTION OF AN INDEPENDENT AUDITOR. THE ORGANIZATION DID NOT CHANGE ITS INDEPENDENT AUDITOR FOR THE YEAR ENDED JUNE 30, 2018.