2017-05-09T10:15:18-05:00 2016-06-30 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2015-07-01 620483210 MARTIN METHODIST COLLEGE MART 9313639865 433 WEST MADISON STREET PULASKI TN 38478 DAVID J STEPHENS VP FOR FINANCE & ADMINISTRATION 9313639865 2017-05-09 1 RODNEY C BROWER P00168898 6153205500 2015 2021-01-29 14:40:06Z DAVID J STEPHENS 433 WEST MADISON STREET PULASKI TN 38478 32367401 0 X WWW.MARTINMETHODIST.EDU X 1909 TN POST-SECONDARY EDUCATION 38 38 417 0 186443 -169868 2245950 4638440 25363105 25877347 860321 634459 273809 116929 28743185 31267175 11413336 11659507 0 0 9367917 9779095 0 0 561209 8252058 8418130 29033311 29856732 -290126 1410443 36305500 36193072 10163375 9622678 26142125 26570394 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 24780508 11659507 25674863 MARTIN METHODIST COLLEGE OFFERS A WIDE VARIETY OF PROGRAMS UNDER THE MAJOR PROGRAM SERVICE TITLE OF "EDUCATION." APPROXIMATELY 1,000 STUDENTS ARE CURRENTLY SERVED BY THE COLLEGE. 24780508 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 1 1 1 1 0 0 0 0 0 0 0 0 1 1351 0 1 417 1 1 1 0 0 0 0 1 1 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAVID J STEPHENS 9313639865 433 WEST MADISON STREET PULASKI TN 38478 JAMES G ALEXANDER TRUSTEE 1.00 X 0 0 0 JB BAKER 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 CORBETTE S DOYLE TRUSTEE 1.00 X 0 0 0 JOHN D FINCH TRUSTEE 1.00 X 0 0 0 TROY A MIZELL TRUSTEE 1.00 X 0 0 0 JIMMY GRANBERY TRUSTEE 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 TRUSTEE 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 BETSY BASS MILLER 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 N HOUSTON PARKS TRUSTEE 1.00 X 0 0 0 KENNETH H PINKSTON TRUSTEE 1.00 X 0 0 0 ROBERT H SPAIN TRUSTEE 1.00 X 0 0 0 BYRON R TRAUGER TRUSTEE 10.00 X 0 0 0 ROBERT H WALKER TRUSTEE 1.00 X 0 0 0 KENNETH FUNGER TRUSTEE 1.00 X 0 0 0 KIM KETCHUM 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 LEE STEVENSON TRUSTEE 1.00 X 0 0 0 DAVIS CHAPPELL TRUSTEE 1.00 X 0 0 0 JEFF ARNETT TRUSTEE 1.00 X 0 0 0 OVERTON CAMPBELL 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 KENNARD MURRAY TRUSTEE 1.00 X 0 0 0 HARRIET NORRIE TRUSTEE 1.00 X 0 0 0 JOELLE PHILLIPS TRUSTEE 1.00 X 0 0 0 TED BROWN PRESIDENT 40.00 X 256108 0 59888 DAVID STEPHENS VP FINANCE & ADMINISTRATIO 40.00 X 96087 0 15316 ROBBY SHELTON VP OF CAMPUS LIFE AND ENRO 40.00 X 82851 0 14573 EDWARD TRIMMER EXECUTIVE DIRECTOR CHURCH 40.00 X 82892 0 12695 JEFF BAIN EXECUTIVE ATHLETIC DIRECTO 40.00 X 86267 0 9513 WILLIAM D JONES VP OF ADVANCEMENT 40.00 X 156448 0 15743 JUDY CHEATHAM VP ACADEMIC AFFAIRS 40.00 X 58045 0 4139 818698 0 131867 2 0 1 0 HEALTHSMART 222 WEST LAS COLINAS BOULEVARD SUI IRVING TX 75039 HEALTHCARE COVERAGE MEDICAL 1156760 METZ CULINARY MANAGEMENT TWO WOODLANDS DRIVE DALLAS PA 18612 CAFETERIA SERVICE 817569 NATIONAL MANAGEMENT RESOURCES CORPORATIO 113 CORPORATE PARK E CT LAGRANGE GA 30241 CAMPUS MANAGEMENT 738389 TIAA-CREF PO BOX 724509 ATLANTA GA 311391508 CONTRIBUTION PLAN 500302 PULASKI ELECTRIC PO BOX 368 PULASKI TN 38478 ELECTRIC, WATER, AND GAS 466751 5 40159 66879 4531402 710124 4638440 TUITION & FEES 611310 22041350 21927295 114055 AUXILIARY ENTERPRISES 900099 3835997 3763609 72388 25877347 752297 752297 18308 0 18308 18308 18308 951739 1069577 -117838 -117838 -117838 45781 40159 30649 15132 15132 SPECIAL EVENTS INCOME 900099 118720 118720 PLANT FUND INCOME 900099 14752 14752 VENDING MACHINE INCOME 900099 6925 6925 -56908 -56908 83489 31267175 25674863 186443 767429 11659507 11659507 903892 903892 7051415 5481711 1200807 368897 237659 144229 82151 11279 1025941 835569 152443 37929 560188 457549 79119 23520 117270 117270 50860 50860 940551 940551 128931 114521 14410 755568 602082 153486 412215 334041 52085 26089 378609 302703 75906 1526664 1220588 306076 396220 316783 79437 FOOD 775331 775331 SUPPLIES 749578 459623 240473 49482 MISCELLANEOUS EXPENSE 518806 261709 247915 9182 BOOKSTORE PURCHASES 447514 447514 1220013 577677 621915 20421 29856732 24780508 4515015 561209 1183678 1157708 405399 441021 340725 364822 80812 124411 34895225 17746681 17769616 17148544 11777710 11189851 2311750 2610709 2435810 3156006 36305500 36193072 192466 59586 282037 367045 4043180 3690251 5645692 5505796 10163375 9622678 X 9538769 9749691 6251540 6086783 10351816 10733920 26142125 26570394 36305500 36193072 X 1410443 -993048 10874 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 14527780 469930 -1120193 -19831 71050 13826298 13414406 236375 800937 -153648 77586 14527780 12628900 141381 686345 -32590 74810 13414406 11701911 120135 771309 -104875 69330 12628900 12308090 116370 -471984 181136 69429 11701911 0.76000 0.24000 1 0 791528 791528 26858292 12091036 14767256 5905963 4867152 1038811 1339442 788493 550949 17148544 IN-KIND ENDOWMENT (LAND) 450000 C OPERATING INVESTMENT (LAND HELD FOR RESALE) 2160709 C 2610709 OTHER ASSETS 1487096 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 1668910 3156006 ANNUITIES PAYABLE 134938 CAPITAL LEASE OBLIGATIONS 95138 NOTES PAYABLE AND LONG-TERM DEBT 5275720 5505796 X 18666139 -993048 10000 41519 -941529 19607668 11659507 11659507 31267175 18237870 10000 30649 40649 18197221 11659511 11659511 29856732 PART V, LINE 4: TO PROVIDE QUALITY HIGHER EDUCATION TO STUDENTS BY PROVIDING ENDOWED SCHOLARSHIPS FOR NOT ONLY CURRENT STUDENTS BUT ALSO FUTURE STUDENTS. 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: ACTUARIAL ADJUSTMENT TO ANNUITY LIABILITY 10,870. FUNDRAISING EXPENSES 30,649. PART XI, LINE 4B - OTHER ADJUSTMENTS: NET TUITION AND FEES AND AUXILIARY ENTERPRISES 11,659,507. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 30,649. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET TUITION AND FEES AND AUXILIARY ENTERPRISES 11,659,507. ROUNDING 4. 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. SCHEDULE E, PART I, LINE 6 GOVERNMENTAL ASSISTANCE IS USED TO PROVIDE SCHOLARSHIPS, GRANTS, AND/OR LOANS TO DEGREE-SEEKING STUDENTS. GOLF TOURNAMENT 46759 28019 18740 11706 TRAP SHOOT 7200 3175 4025 1046 3 31981 8965 23016 17897 85940 40159 45781 30649 30649 15132 1 STUDENT SCHOLARSHIPS AND GRANTS 1049 11659507 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 TED BROWN PRESIDENT 256108 0 0 0 0 0 51846 0 8042 0 315996 0 0 0 WILLIAM D JONES VP OF ADVANCEMENT 156448 0 0 0 0 0 7701 0 8042 0 172191 0 0 0 PART I, LINE 4B TED BROWN PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN WHICH HAD A $38,631 INCREASE FOR THE YEAR. 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 0 HERSHEL LAKE DECEASED BOARD OF TRUSTEES MEMBER 11341 PULASKI PUBLISHING PROVIDES NEWSPAPER AND RADIO ADS FOR MARTIN METHODIST. 0 HERSHEL LAKE DECEASED BOARD OF TRUSTEES MEMBER 35281 HOLLEY'S PRINTING PROVIDES PRINTING OF BROUCHURES AND OTHER ITEMS SUCH AS RECEIPTS AND MAILINGS FOR MARTIN METHODIST. 0 JOHN FINCH BOARD OF TRUSTEES MEMBER 1460 POWELL BUILDING GROUP 0 WILLIAM MURREY BOARD OF TRUSTEES MEMBER 9159 SHARP MOTOR CO. 0 WILLIAM MURREY BOARD OF TRUSTEES MEMBER 1442 MURREY CHEVROLET 0 X 5378 FMV X 1 695000 FMV X GIFT-IN-KIND 1 8350 FMV X SOFTWARE 1 6774 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 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 SUBMISSIONS. 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, SO THAT COMPENSATION REFLECTS MARKET PAY RATES AND ENSURES COMPETITIVENESS. 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. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT TO ANNUITY LIABILITY 10,870. ROUNDING 4.