2018-05-09T15:27:07-05:00 2017-06-30 621517792 PYA PC 215 Centerview Drive Brentwood TN 37027 990 2016-07-01 620483210 Martin Methodist College MART 9313639865 433 West Madison Street Pulaski TN 38478 Mark La Branche President 9313639865 2018-05-09 1 Amy W DeLong P00525370 6156203475 2016 2022-09-23 18:48:47Z Mark La Branche 433 West Madison Street Pulaski TN 38478 28616092 0 X www.martinmethodist.edu X 1909 TN Post-Secondary Education 37 37 431 0 106004 0 4638440 2508599 25877347 24210237 634459 339699 116929 187420 31267175 27245955 11659507 10972345 0 0 9779095 8709019 0 0 529880 8418130 8980472 29856732 28661836 1410443 -1415881 36193072 35923058 9622678 9442836 26570394 26480222 X CARRY FORWARD THE HISTORICAL MISSION OF THE COLLEGE BY MAINTAINING 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 23811463 10972345 24283497 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, COMMUNITY 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 COLLEGE HAS IDENTIFIED THE FOLLOWING VALUES AS KEY TO THEIR 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 SUCCESS.HONOR: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, REGULARLY 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. 23811463 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1364 0 1 431 1 1 1 0 0 0 0 1 1 0 0 0 0 X 37 37 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 James G Alexander Trustee 1.00 X 0 0 0 Jeff Arnett Trustee 1.00 X 0 0 0 Michael W Barton Trustee 1.00 X 0 0 0 Cecil Batchelor Trustee 1.00 X 0 0 0 Marshall E Brown Trustee 1.00 X 0 0 0 Debbie Cassetty Trustee 1.00 X 0 0 0 Cornelia A Clark Trustee 1.00 X 0 0 0 Corbette S Doyle trustee 1.00 X 0 0 0 John D Finch Trustee 1.00 X 0 0 0 Kenneth D Funger Trustee 1.00 X 0 0 0 Robert W Gallaher Trustee 1.00 X 0 0 0 Jimmy Granbery Vice Chair 1.00 X 0 0 0 H Lynn Greer Jr Trustee 1.00 X 0 0 0 Jacquelyn D Guthrie Trustee 1.00 X 0 0 0 Morris Ed Harwell Trustee 1.00 X 0 0 0 Joe W Henry Jr Secretary 1.00 X 0 0 0 Waymon L Hickman Trustee 1.00 X 0 0 0 H Neil Jobe Trustee 1.00 X 0 0 0 D Doran Johnson trustee 1.00 X 0 0 0 Mack S Linebaugh Jr Trustee 1.00 X 0 0 0 Bob Luna trustee 1.00 X 0 0 0 Bill McAlilly trustee 1.00 X 0 0 0 Betsy Bass Miller trustee 1.00 X 0 0 0 Troy A Mizell trustee 1.00 X 0 0 0 William P Murrey Jr trustee 1.00 X 0 0 0 Roy S Nicks trustee 1.00 X 0 0 0 Larry D Odom trustee 1.00 X 0 0 0 Joelle Phillips Trustee 1.00 X 0 0 0 Kenneth H Pinkston trustee 1.00 X 0 0 0 Charlie Pope trustee 1.00 X 0 0 0 Pat Ralls trustee 1.00 X 0 0 0 Sara W Reese trustee 1.00 X 0 0 0 Robert H Spain trustee 1.00 X 0 0 0 Steve Spivey trustee 1.00 X 0 0 0 Lee Stevenson trustee 1.00 X 0 0 0 Byron R Trauger Chair 13.00 X 0 0 0 Robert H Walker trustee 1.00 X 0 0 0 Jeff Bain Executive Director Athletics 40.00 X 100552 0 9215 Theodore Brown President (retired Sept 2016) 40.00 X 272999 0 19140 Judy Cheatham Provost 40.00 X 148634 0 11898 William Jones VP of Advancement 40.00 X 148844 0 14413 David Stephens VP of Finance 40.00 X 112032 0 14565 Robert Shelton VP-Enrollment Mgmt/Interim Pres 40.00 X 98202 0 13760 Ed Trimmer Executive Director Center for Church Leadership 40.00 X 94150 0 13370 975413 0 96361 5 0 1 0 Metz Culinary Management 2 Woodland Dr Dalla PA 18612 Cafeteria Service 860458 National Management Resources Corp PO Box 1224 LaGrange GA 30241 Campus Facilities Management 807130 Blue Cross Blue Shield of Tennessee PO Box 6539 Carol Stream IL 60197 Healthcare Coverage 758941 TitleEscrow Lawrence Co PO Box 278 Lawrenceburg TN 38464 Title Services 463796 HealthSmart Benefit Solutions Dept 4 PO Box 841653 Dallas TX 752841653 Healthcare Management Services 454356 11 113021 70614 2324964 49502 2508599 TUITION & FEES 611310 20637081 20531077 106004 AUXILIARY ENTERPRISES 900099 3573156 3516787 56369 24210237 460454 460454 5004 0 5004 5004 5004 1213912 1334667 -120755 -120755 -120755 143612 113021 35470 108142 108142 special events income 900099 68256 68256 vending machine income 900099 6018 6018 74274 27245955 24121124 106004 510228 10972345 10972345 1071773 1071773 6313213 4772735 1173774 366704 184298 147315 26488 10495 613344 529151 59288 24905 526391 422492 79261 24638 119352 119352 50950 50950 1252991 1252991 134479 128520 5959 694887 494546 137292 63049 760169 608135 152034 446160 363443 66088 16629 375496 287688 87808 1579050 1263240 315810 378678 316750 61928 Food 825618 825618 Bookstore Purchases 431789 431789 1930853 1304443 608909 17501 28661836 23811463 4320493 529880 1157708 1214817 441021 251894 364822 364917 124411 120678 36671841 19205589 17148544 17466252 11189851 11713085 2610709 2157500 3156006 2633915 36193072 35923058 59586 261622 367045 381711 3690251 3322210 5505796 5477293 9622678 9442836 X 9749691 10737864 6086783 4731532 10733920 11010826 26570394 26480222 36193072 35923058 -1415881 1319310 6399 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13826298 132261 1199502 557266 92504 14508291 14527780 469930 -1120193 -19831 71050 13826298 13414406 236375 800937 -153648 77586 14527780 12628900 141381 686345 -32590 74810 13414406 11701911 120135 771309 -104875 69330 12628900 0.74000 0.26000 1 0 791528 791528 28038727 13156166 14882561 6726941 5228697 1498244 1114645 820726 293919 17466252 In Kind Endowment (land) 450000 C Operating Investment (Land held for resale) 1707500 C 2157500 Other Assets 809162 Beneficial Interest in Assets held by others 1824753 2633915 Annuities Payable 134843 Capital Lease Obligations 74358 Notes Payable and long-term debt 5268092 5477293 X 17634789 1319310 6399 35470 1361179 16273610 10972345 10972345 27245955 17724961 35470 35470 17689491 10972345 10972345 28661836 Part X, Line 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE COLLEGE 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. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, ANY UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED 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 POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. Part XI, Line 2d - Other Adjustments: Fundraising Expenses 35,470. Part XI, Line 4b - Other Adjustments: Net Tuition and Fees and Auxiliary Enterprises 10,972,345. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 35,470. Part XII, Line 4b - Other Adjustments: Net Tuition and Fees and Auxiliary Enterprises 10,972,345. 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. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID GOVERNMENTAL ASSISTANCE IS USED TO PROVIDE SCHOLARSHIPS, GRANTS, AND/OR LOANS TO DEGREE-SEEKING STUDENTS. President Retirement Dinner 148222 71020 77202 13542 Alumni Golf Tournament 67985 32076 35909 5840 1 40426 9925 30501 16088 256633 113021 143612 35470 35470 108142 0 Student Scholarships and Grants 936 10972345 0 Part I, Line 2: THE COLLEGE MAINTAINS AN OFFICE OF FINANCIAL AID, WHICH IS RESPONSIBLE FOR THE MONITORING OF GRANT FUNDS AWARDED TO THE COLLEGE AND STUDENTS. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 Theodore Brown President (retired Sept 2016) 272999 0 0 0 0 0 12610 0 6530 0 292139 0 0 0 Judy Cheatham Provost 148634 0 0 0 0 0 7500 0 4398 0 160532 0 0 0 William Jones VP of Advancement 148844 0 0 0 0 0 7803 0 6610 0 163257 0 0 0 Part I, Line 1b Housing owned by the college is provided to the President. Additionally, certain dues of organizations with a business purpose are paid by the college for applicable employees. Part I, Line 4b Theodore Brown, President, participates in a nonqualified deferred compensation plan subject to substantial risk of forfeiture. A Industrial Development Board of the City of Pulaski 521282324 noneavail 2010-01-12 5670000 Refunding Bond (issued 3/31/2004) 0 0 0 A 135350 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 0 A 1 X 8435 Fair Market Value X 38810 Fair Market Value X Plants & Trees 11 1584 Fair Market Value X Sports Equipment 2 520 Fair Market Value X Gemstones 1 133 Fair Market Value X Miscallenous 1 20 Fair Market Value 0 0 1 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 COMMITTEE FOR REVIEW AND APPROVAL. UPON APPROVAL BY THE AUDIT COMMITTEE, THE BOARD WILL BE NOTIFIED 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.