2024-03-26T09:02:11-05:00 2023-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 110 EAST COURT STREET SUITE 500 GREENVILLE SC 29601 990 2022-07-01 571002122 CLEMSON UNIVERSITY CONTINUING EDUCATION & CONFERENCE COMPLEX CORPORATION CLEM 8646563630 240 MADREN CENTER DRIVE CLEMSON SC 296340001 ANTHONY WAGNER SECRETARY/TREASURER 8646563630 2024-03-20 1 ANTHONY WAGNER 999009999 1 AMY DOSIK P00890743 8642333981 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MAX ALLEN 240 MADREN CENTER DRIVE CLEMSON SC 296340001 5607227 0 X WWW.CLEMSON.EDU/MADREN X 1993 SC OPERATION & MANAGEMENT OF CLEMSON UNIVERSITY'S CONTINUING EDUCATION & CONFERENCE FACILITIES. 7 5 182 17 2184548 384936 535000 0 4770945 5319030 2496 6681 87940 99591 5396381 5425302 0 0 0 0 2118563 2509471 0 0 0 2458213 2675519 4576776 5184990 819605 240312 6703214 6415782 3462378 2934634 3240836 3481148 THE CORPORATION EXISTS TO OWN, OPERATE, AND MANAGE THE MARTIN INN AND THE WALKER GOLF COURSE. IN ADDITION, THE CORPORATION, ON A DAILY BASIS, MANAGES THE MADREN CONFERENCE CENTER FOR CLEMSON UNIVERSITY. 0 0 2176631 2351399 THE GOLF COURSE IS USED IN CONJUNCTION WITH THE CLEMSON UNIVERSITY TURF GRASS RESEARCH, GOLF COURSE TURF MANAGEMENT, ACADEMIC PROGRAMS AND INTERNSHIPS FOR STUDENTS IN PARKS, RECREATION, AND TOURISM MANAGEMENT, TURFGRASS MANAGEMENT, RESEARCH STREAM FLOW MANAGEMENT AND DYNAMICS, STUDENT LIFE ENHANCEMENT, FIELD TRIPS FOR CLEMSON STUDENTS AND IS THE PERMANENT HOME FOR THE CLEMSON PGM PROGRAM. THE COURSE IS ALSO THE HOST OF TURFGRASS MANAGEMENT FIELD DAY. THIS GOLF COURSE IS INNOVATIVE IN THAT IT IS COMPLETELY ACCESSIBLE TO THE HANDICAPPED. 1940438 882674 THE HOTEL IS USED TO PROVIDE LODGING AND FACILITIES FOR PROGRAMS CONNECTED WITH CLEMSON UNIVERSITY IN CONJUNCTION WITH ACTIVITIES AND PROGRAMS HELD AT THE CLEMSON UNIVERSITY MADREN CENTER AND CLEMSON UNIVERSITY. THE HOTEL PROVIDES CLEMSON UNIVERSITY STUDENTS WITH A REAL LIFE LEARNING ENVIRONMENT FOCUSING ON THE ACTIVITIES ASSOCIATED WITH HOSPITALITY MANAGEMENT. 4117069 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 15 0 1 182 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 1 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 1 0 SC X LISA MARCUS DIRECTOR ARO 8646561873 391 COLLEGE AVE STE 302 CLEMSON SC 29634 MAX ALLEN CHAIR 1.00 36.50 X X 0 359030 24202 ANTHONY WAGNER SECRETARY/TREASUER 1.00 36.50 X X 0 503765 22646 STEPHEN HUTCHINSON DIRECTOR 1.00 3.00 X 0 0 0 WILLIAM RAD PAGE DIRECTOR 1.00 0.00 X 0 0 0 JACK JACKSON DIRECTOR 1.00 0.00 X 0 0 0 TERESA COLE DIRECTOR 1.00 0.00 X 0 0 0 JONATHAN WEITZ DIRECTOR 1.00 0.00 X 0 0 0 JANICE BISHOP CFO 30.00 10.00 X 124478 0 2273 DON GARRETT SUPERINTENDENT 40.00 0.00 X 125976 0 2064 SHARON FRANKS GENERAL MANAGER 38.00 2.00 X 121519 0 19462 BRENT JESSUP GOLF PRO 40.00 0.00 X 104228 0 18811 476201 862795 89458 4 0 1 0 SOUTHERN HOSPITALITY GROUP LLC 209 SPAULDING FARM RD GREENVILLE SC 29615 PROPERTY MANAGEMENT SERVICES 237000 TCF EQUIPMENT FINANCE PO BOX 77077 MINNEAPOLIS MN 55480 EQUIPMENT FINANCING SERVICES 152416 ARAMARK SERVICES INC PO BOX 978839 DALLAS TX 753978839 FOOD & BEVERAGE SERVICES 106341 3 JAMES F. MARTIN INN 721110 2964642 2351399 613243 THE WALKER COURSE 713910 1657325 799077 858248 GOLF MEMBERSHIP REVENUE 713910 697063 73690 623373 5319030 6681 6681 281516 181925 99591 9907 89684 5425302 3234073 2184548 6681 126624 126624 1901067 1686192 214875 22830 11158 11672 299391 178033 121358 159559 122249 37310 265875 265875 3788 3788 24509 24509 20481 14901 5580 18257 44 18213 37756 25494 12262 27288 14126 13162 217739 217739 10107 7156 2951 73282 73282 872352 866864 5488 GOLF COURSE EXPENSES 397100 397100 HOTEL ROOM EXPENSE 228370 228370 TAXES & LICENSES 146464 146288 176 CREDIT CARD FEES 119935 119935 212216 81420 130796 5184990 4117069 1067921 0 2041091 1672372 75783 104620 45935 72328 23896 27048 19695361 15670784 3853488 4024577 663021 514837 6703214 6415782 352438 385567 46305 54238 2406381 1970384 657254 524445 3462378 2934634 X 3240836 3481148 3240836 3481148 6703214 6415782 240312 0 X 0 1 X 1 0 X X 1 CLEMSON UNIVERSITY 576000254 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X PART IV, SECTION D, LINE 3: THE CHAIRMAN AND SECRETARY/TREASURER ARE APPOINTED BY THE PRESIDENT OF CLEMSON UNIVERSITY AND ARE EMPLOYEES OF CLEMSON UNIVERSITY. BECAUSE OF THIS RELATIONSHIP, THE UNIVERSITY HAS A SIGNIFICANT VOICE IN THE ORGANIZATION'S INVESTMENT POLICIES AND OTHER USE OF INCOME OR ASSETS. PART IV, SECTION E, LINE 1C: THE ORGANIZATION HAS BEEN ORGANIZED, AND AT ALL TIMES SHALL BE OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF CLEMSON UNIVERSITY, A SOUTH CAROLINA STATE AGENCY, IN CONNECTION WITH ITS EDUCATIONAL AND CHARITABLE PURPOSES. 8639713 6286846 2352867 7738104 6537115 1200989 3317544 2846823 470721 4024577 RIGHT-OF-USE LEASE ASSETS 514837 514837 LIFE MEMBER DUES 2382 RIGHT-OF-USE LEASE LIABILITY 522063 524445 X 5676217 68990 68990 5607227 -181925 -181925 5425302 5435905 181925 181925 5253980 -68990 -68990 5184990 PART X, LINE 2: THE CORPORATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE CORPORATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2023 AND 2022 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: EMPLOYEE RETENTION CREDIT 68,990. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -181,925. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 181,925. PART XII, LINE 4B - OTHER ADJUSTMENTS: EMPLOYEE RETENTION CREDIT -68,990. 0 0 0 0 0 0 0 0 0 ANTHONY WAGNER SECRETARY/TREASUER 0 503140 0 0 0 625 0 14500 0 8146 0 526411 0 0 MAX ALLEN CHAIR 0 356455 0 0 0 2575 0 14500 0 9702 0 383232 0 0 FORM 990, PART VI, SECTION A, LINE 3 SOUTHERN HOSPITALITY GROUP, THE MANAGEMENT COMPANY, HAS THE ABILITY TO SERVE AS AN AGENT FOR COMPLEX CORPORATION IN MATTERS INCLUDING HIRING, FIRING, AND SUPERVISING PERSONNEL, PLANNING AND EXECUTING BUDGETS, AND SUPERVISING OPERATIONS OF THE PROPERTY INCLUDING THE MARTIN INN AND WALKER COURSE. FORM 990, PART VI, SECTION A, LINE 7A THE CHAIRMAN AND SECRETARY/TREASURER ARE APPOINTED BY THE PRESIDENT OF CLEMSON UNIVERSITY TO SERVE AS OFFICER DIRECTORS. THEY MUST BE EMPLOYEES OF CLEMSON UNIVERSITY. THE CHAIRMAN OF THE CLEMSON UNIVERSITY FOUNDATION APPOINTS TWO MEMBERS FROM THE CLEMSON UNIVERSITY FOUNDATION BOARD TO SERVE ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD CONSISTS OF SEVEN MEMBERS AND THERE ARE NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SENT TO THE BOARD FOR REVIEW AND COMMENT PRIOR TO THE FILING DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS AN EMPLOYEE MANUAL WHICH INCLUDES A CONFLICT OF INTEREST POLICY. ALL EMPLOYEES ARE REQUIRED TO SIGN FOR RECEIPT, ACCEPTANCE, AND COMPLIANCE WITH THE EMPLOYEE MANUAL AND ALL POLICIES STATED WITHIN THE MANUAL. OFFICERS AND DIRECTORS MUST REVIEW AND SIGN A YEARLY STATEMENT ACKNOWLEDGING COMPLIANCE WITH A CODE OF CONDUCT POLICY THAT CONTAINS A CONFLICT OF INTEREST SECTION. FORM 990, PART VI, SECTION B, LINE 15B THE CFO IS AN EMPLOYEE OF THE CLEMSON UNIVERSITY CONTINUING EDUCATION & CONFERENCE COMPLEX CORPORATION. THE CFO'S COMPENSATION PACKAGE WAS SET AND APPROVED BY THE OFFICERS OF THE COMPLEX CORPORATION BOARD OF DIRECTORS. TWO OFFICERS OF THE BOARD ARE ALSO EMPLOYEES OF CLEMSON UNIVERSITY. THEIR PAY IS SET BY CLEMSON UNIVERSITY'S HUMAN RESOURCE DEPARTMENT WITHIN THE GUIDELINES ESTABLISHED BY THE STATE OF SOUTH CAROLINA AND THEIR COMPENSATION IS RELATED TO WORK PERFORMED AS EMPLOYEES OF THE UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 AS A CLEMSON UNIVERSITY SUPPORTING ORGANIZATION, THE CORPORATION IS CONSIDERED SUBJECT TO THE FREEDOM OF INFORMATION ACT AND MAKES ANY DOCUMENTS REQUESTED AVAILABLE TO THE PUBLIC. CLEMSON UNIVERSITY G06 SIKES HALL CLEMSON SC 29634 576000254 RESEARCH UNIVERSITY SC 170(C)(1) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 CLEMSON UNIVERSITY P 104534 BOOK VALUE CLEMSON UNIVERSITY Q 891267 BOOK VALUE