2018-05-15T11:05:44-05:00 2017-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2016-07-01 580566212 PIEDMONT COLLEGE PIED 7067760123 PO BOX 10 DEMOREST GA 30535 DR JAMES MELLICHAMP PRESIDENT 7067760100 2018-05-15 1 MARY JO ALEXANDER P00002534 7709558600 2018-05-14 2016 2022-09-23 18:48:47Z DR JAMES MELLICHAMP PO BOX 10 DEMOREST GA 30535 82150699 0 X WWW.PIEDMONT.EDU X 1897 GA PIEDMONT COLLEGE IS A PRIVATE, NON-PROFIT COMPREHENSIVE LIBERAL ARTS INSTITUTION. 35 35 1226 35 0 0 2719072 1725183 38540798 41300046 1899478 5583886 55366 81038 43214714 48690153 9896675 10818917 0 0 23097630 22398758 0 0 233495 14920199 15991439 47914504 49209114 -4699790 -518961 148177535 148885487 31323081 28770924 116854454 120114563 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 36446871 10818917 35159996 TUITION AND FEES - INSTRUCTIONAL PROGRAMS SUPPORT STUDENTS TO ACHIEVE THEIR BACHELOR'S, MASTER'S, AND DOCTORATE LEVEL OF DEGREES. 2016 - 2017 ENROLLMENT APPROXIMATED 2,200 STUDENTS. THE ORGANIZATION OFFERS FINANCIAL ASSISTANCE PROGRAMS, WORK-AID, ATHLETICS, STUDENT DEVELOPMENT, AND CULURAL ACTIVITIES BEYOND FORMAL INSTRUCTIONAL OPPORTUNITIES. 4504669 5760646 AUXILIARY - SERVICES PROVIDED BENEFITING STUDENTS INCLUDING FOOD SERVICE, RESIDENCE HALLS, AND FITNESS CENTER. 379404 OTHER ACTIVITIES - ACTIVITIES IN THE SUPPORT OF THE ORGANIZATION SUCH AS VARIOUS SPORTS AND THEATRE CAMPS, FOUNDATION SUPPORT, AND DEPOSITS. 40951540 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 1 1 0 0 0 0 0 0 0 1 65 0 1 1226 1 0 0 0 0 0 1 1 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 GA X X THE ORGANIZATION 7067760123 PO BOX 10 DEMOREST GA 30535 BEN F CHEEK III TRUSTEE 1.00 X 0 0 0 BRIAN RICKMAN TRUSTEE 1.00 X 0 0 0 DAVID FOSTER TRUSTEE 1.00 X 0 0 0 DENNIS CATHEY TRUSTEE 1.00 X 0 0 0 DOCK SISK VICE CHAIRMAN 1.00 X X 0 0 0 DR MARTHA CANTRELL TRUSTEE 1.00 X 0 0 0 DWIGHT EVANS TRUSTEE 1.00 X 0 0 0 EDWARD ARIAIL TRUSTEE 1.00 X 0 0 0 ELIZABETH BINGHAM TRUSTEE 1.00 X 0 0 0 FRAN DAVIS JARRETT TRUSTEE 1.00 X 0 0 0 JAMES C HOBBS III TRUSTEE 1.00 X 0 0 0 JAMES E CORNWELL JR TRUSTEE 1.00 X 0 0 0 JAMES R LEMAY TRUSTEE 1.00 X 0 0 0 JAMES SIEVERS TRUSTEE 1.00 X 0 0 0 JANE HIGDON-BALLARD TRUSTEE 1.00 X 0 0 0 JIM PARHAM TRUSTEE 1.00 X 0 0 0 JOSEPH BEAU WINGATE TRUSTEE 1.00 X 0 0 0 JOSEPH PIPER TRUSTEE 1.00 X 0 0 0 KARA KEEL MOODY TRUSTEE 1.00 X 0 0 0 MACK GUEST III TRUSTEE 1.00 X 0 0 0 MICHAEL F MANSFIELD SR TRUSTEE 1.00 X 0 0 0 MIKE SANTOWSKI TRUSTEE 1.00 X 0 0 0 MYLLE MANGUM TRUSTEE 1.00 X 0 0 0 MYRON DOWNS TRUSTEE 1.00 X 0 0 0 PAUL ROSSER TRUSTEE 1.00 X 0 0 0 ROBERT WHITEHEAD TRUSTEE 1.00 X 0 0 0 SANDY BORROW TRUSTEE 1.00 X 0 0 0 SHIRLEY MEEKS TRUSTEE 1.00 X 0 0 0 STANLEY ROBERTS TRUSTEE 1.00 X 0 0 0 STEWART SWANSON SECRETARY 1.00 X X 0 0 0 THOMAS A ARRENDALE III CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 THOMAS HENSLEY JR TRUSTEE 1.00 X 0 0 0 TOM RICHARD TRUSTEE 1.00 X 0 0 0 VANN BROWN TRUSTEE 1.00 X 0 0 0 WILLIAM HOUSE TRUSTEE 1.00 X 0 0 0 DR JOHN MISNER EXECUTIVE VICE PRESIDENT 40.00 X 115901 0 2190 DR JAMES MELLICHAMP PRESIDENT 40.00 X 252219 0 4054 KENNETH JONES CFO 40.00 X 77917 0 9658 DR PERRY RETTIG VP, ACADEMIC AFFAIRS 40.00 X 155586 0 4930 AMY AMASON VP, ADVANCEMENT 40.00 X 134757 0 5816 DR DONALD GNECCO DEAN, SCHOOL OF EDUCATION 40.00 X 128295 0 6280 DR EDWARD TAYLOR DEAN, WALKER SCHOOL OF BUSINESS 40.00 X 115839 0 4330 DR STEVE NIMMO DEAN, ARTS AND SCIENCES 40.00 X 125059 0 7566 1105573 0 44824 8 0 1 0 CHARTWELLS PO BOX 50196 LOS ANGELES CA 900740196 DINING HALL SERVICES FOR THE COLLEGE 2156907 BARNES & NOBLE PO BOX 823660 PHILADELPHIA PA 191823660 COLLEGE BOOKSTORE 250777 DANIEL'S CHARTER 4336 CORNELIA HWY LULA GA 30554 CHARTER BUS SERVICE FOR PC ATHLETIC TRAV 166473 WINSTREAM PHONE PO BOX 9001908 LOUISVILLE KY 402901908 PHONE AND INTERNET SERVICE 133325 ELLUCIAN 62578 COLLECTIONS CENTER DR CHICAGO IL 606930625 COLLEGE ACCOUNTING SYSTEM 119180 17 127852 1597331 83136 1725183 TUITION & FEES 611710 35159996 35159996 ROOM AND BOARD 611710 5747285 5747285 OTHER PROGRAM INCOME 900099 318100 318100 CAMPUS BOOKSTORE 451211 53975 53975 AUXILIARY REVENUE 611710 13361 13361 7329 7329 41300046 1660432 1660432 81038 0 81038 81038 81038 35619087 1764913 32417068 1043478 3202019 721435 3923454 3923454 48690153 41300046 0 5664924 10818917 10818917 599006 599006 17375747 11559694 5666250 149803 832204 803212 22138 6854 2271513 2207711 45336 18466 1320288 1271407 38008 10873 15162 15162 46650 46650 278520 278520 2725316 2725316 72268 67558 4710 384916 65517 314688 4711 585576 564556 21020 1508180 1488783 19397 815520 715679 98614 1227 118285 86657 31628 657570 657570 3835256 3835256 430273 430273 WORK STUDY 1397426 1397426 INSTRUCTIONAL EXPENSES 961254 961254 SUPPLIES 619668 618841 827 EQUIPMENT AND MAINTENAN 238554 235657 2469 428 1301045 870529 394920 35596 49209114 40951540 8024079 233495 66143 809824 3466117 3887266 364533 438987 314806 272034 125843343 41029721 88896958 84813622 47960863 51189509 5934930 6301060 91750 91750 1081435 1081435 148177535 148885487 1052721 715039 3290539 3461466 25310351 23169535 466526 442664 1202944 982220 31323081 28770924 X 102128738 104909559 7543115 7873574 7182601 7331430 116854454 120114563 148177535 148885487 X -518961 3817171 -38101 X X 0 1 X 1 1 1 X 2137333 3016267 2527892 2719072 1725183 12125747 2137333 3016267 2527892 2719072 1725183 12125747 3976047 8149700 1584645 1384069 1487829 1642225 1741470 7840238 19965985 0.40820 0.41970 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0.00 1 1 1 0 1065508 X X 0 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 46151511 95275 5087354 428343 1899032 49435111 0.81840 0.14110 0.04050 0 0 3962187 3962187 99154653 24406932 74747721 7714741 5653565 2061176 14216620 10969224 3247396 795142 795142 84813622 STUDENT DEPOSITS 94767 ANNUITIES PAYABLE 530950 CAPITAL LEASE LIABILITIES 356503 982220 X 41446680 3817171 -38101 3779070 37667610 223650 10798893 11022543 48690153 38186571 0 38186571 223650 10798893 11022543 49209114 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 -38,101. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS SCHOLARSHIPS 10,798,893. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS SCHOLARSHIPS 10,798,893. 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 108352 ASIA 0 0 PROGRAM SERVICES STUDY ABROAD 49268 0 0 0 0 0 0 157620 0 157620 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL METHOD WAS USED TO ACCOUNT FOR FOREIGN EXPENDITURES. 1 SCHOLARSHIPS & GRANTS 1423 10818917 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 0 0 DR JAMES MELLICHAMP PRESIDENT 252219 0 0 0 0 0 0 0 4054 0 256273 0 0 0 DR PERRY RETTIG VP, ACADEMIC AFFAIRS 155586 0 0 0 0 0 0 0 4930 0 160516 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. 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 A 2406845 6100000 55554 1639800 4404646 1 0 1 1 B 2586421 10000000 10000000 0 0 0 0 C 528732 8000000 89077 7910923 0 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 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 A 1 B 1 C 1 X 2 4804 FMV X 1 78332 TAX VALUATION 1 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS RECEIVED. 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 -38,101. 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, 2017.