2023-03-07T18:36:42-07:00 2022-06-30 990 2021-07-01 620488046 MEHARRY MEDICAL COLLEGE MEHA 6153276241 1005 Dr D B Todd Jr Blvd Nashville TN 37208 LaMel Bandy-Neal Sr. Vice President of Finance & CFO 6153276767 2023-02-15 1 11 0 AAL2 2021 2023-04-26 12:10:37Z Dr James E K Hildreth 1005 Dr D B Todd Jr Blvd Nashville TN 372083599 200654112 0 X www.mmc.edu X 1915 TN To improve the health and healthcare of minority and under served communities by offering excellent education and training programs in the health sciences; delivering high quality health services; and conducting research that fosters the elimination of health disparities. 25 23 1342 0 0 0 144704144 133387149 70114813 71117177 7146205 4699041 38871846 -8549255 260837008 200654112 16072024 33661136 0 0 85386119 95602466 179165 180645 2873146 58858573 65103780 160495881 194548027 100341127 6106085 393027598 412525133 65163505 78554955 327864093 333970178 To improve the health and healthcare of minority and under served communities by offering excellent education and training programs in the health sciences; delivering high quality health services; and conducting research that fosters the elimination of health disparities. 0 0 84557943 33661136 49096783 Professional Education: Education of students in the fields of medicine, dentistry, public health, and medical science and allied health profession. Degrees conferred include: MD, DDS, MHS, MSPH, and PhD. (Number of Graduates from the programs: 331). 30848071 0 22020394 Health Care Delivery and Management, General/Other: General healthcare delivery, primary and specialty care, dental and mental healthcare. (Number of patient encounters in the year: 67,196). 16660006 0 0 Medical Research, General/Other: The organization does research in a number of major areas (Cancer, Cardiovascular, Neuroscience, Seat belt Safety, along with research training, and HIV disease, Women's health, community engagement) with a primary focus on health disparities research. (Number of new grants for the year: 51). 14202691 0 0 Public, Society Benefit Programs, General/Other: Funds expended for activities that are established primarily to provide non-instructional services beneficial to individuals and groups external to the institution. Cost of providing health services to the community. (Number of patient encounters for year: 67,196). 14202691 0 0 146268711 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 213 0 1 1342 1 0 0 0 0 0 0 0 0 X 25 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK HI MA MD MI MN ND NH NY OR SC WA X Venecia E Watkins 6153276241 1005 Dr D B Todd Jr Blvd Nashville TN 37208 LaMel Bandy-Neal Senior VP Finance / CFO 40 X 826324 0 52320 James E K Hildreth President/CEO 40 X 826470 0 44965 Duane Smoot Interim SVP Health Affairs 40 X 489249 0 28464 Carlton Adams Chair Surgery/Trustee 40 X 449221 0 33804 Veronica T Mallett Former Dean School of Medicine/ Professor 40 X 449764 0 32844 Ivanetta D Samuels SVP/ General Counsel 40 X 419077 0 50895 Peter E Millet Executive Vice President 40 X 399231 0 55381 Charae Farmer Dean School of Dentistry 40 X 398558 0 53726 Digna S Forbes Interim Dean School of Medicine 40 X 415749 0 16914 Muyiwa Adedokun Asst Professor Surgery 40 X 399308 0 14500 Richard Fremont Chair Internal Medicine 40 X 386769 0 26026 Christopher White Asst Professor Internal Medicine 40 X 374819 0 17039 Lloyda Williamson Chair Psychiatry 40 X 349586 0 28940 Bryan Heckman Asst Professor Psychiatry 40 X 350000 0 6541 Fortune Mhlanga Dean School of Applied Computational Sciences 40 X 300000 0 25146 Patrick H Johnson SVP/ Advancement 40 X 281923 0 35218 Saletta Holloway Asst Corp Sec/SVP Board Relations 40 X 219539 0 48769 Marquetta Faulkner Former Dean School of Medicine 40 X 242050 0 24377 Evangeline Motley-Johnson Interim Dean School of Graduate Studies 40 X 196100 0 18869 Dr Robert Holt Professor Medicine/Former Trustee 40 X 63065 0 7879 Dr Nelson L Adams III Chairman 0 X 0 0 0 Milton H Jones Jr Vice Chairman 0 X 0 0 0 Rev Greg Bergquist Trustee 0 X 0 0 0 Dr Brandon Barton Jr Trustee 0 X 0 0 0 Aalieyah Billings Trustee 0 X 0 0 0 Kevin Bryant Trustee 0 X 0 0 0 Dr Coyness L Ennix Jr Trustee 0 X 0 0 0 Dr Eric A Floyd Trustee 0 X 0 0 0 Dawn B Griffin Trustee 0 X 0 0 0 Dr Lewis Hargett Trustee 0 X 0 0 0 Aubrey Harwell Jr Trustee 0 X 0 0 0 Dr Martin D Jeffries Trustee 0 X 0 0 0 Dr Collis Johnson Trustee 0 X 0 0 0 Dr Audrey J Murrell Trustee 0 X 0 0 0 Aparicio Peggins Trustee 0 X 0 0 0 Edgar G Rios Trustee 0 X 0 0 0 Dr Thomas A Scott Trustee 0 X 0 0 0 Dr Edith Smith-Rayford Trustee 0 X 0 0 0 Carol H Williams-Hood Trustee 0 X 0 0 0 James E Williams Trustee 0 X 0 0 0 Dr Kenneth Williams Trustee 0 X 0 0 0 Lorenzo Williams Trustee 0 X 0 0 0 Dr Robert L Williams Jr Trustee 0 X 0 0 0 Dr Kevin Woods Trustee 0 X 0 0 0 Cynthia Day Trustee 0 X 0 0 0 M Inez Crutchfield Trustee Emeritus 0 X 0 0 0 Dr T B Boyd III Trustee Emeritus 0 X 0 0 0 Dr Frank S Royal Sr Trustee Emeritus 0 X 0 0 0 Jeannette South-Paul Chief Academic Officer/ Former Trustee 40 X 0 0 0 7836802 0 622617 149 0 1 0 Aramark Facility Services 22506 Network Place Chicago IL 606731225 Facilties Management Services 8911328 Ellucian Company L P 4375 Fair Lakes Court Fairfax VA 22033 Information Technology Managment Services 1272002 Addison Group 125 S Wacker Drive 27th Floor Chicago IL 60606 Employment Services 1029072 eClinicalWorks LLC 2 Technology Drive Westborough MA 01581 Patient EMR System Management Services 540828 Apogee Telecom Inc 1905 Kramer Ln A100 Austin TX 78758 Information Technology Services 440828 42 0 0 0 0 103721051 29666098 0 133387149 Tuition and fees 611310 47788506 47788506 0 0 Sales and Service of Edu Depts 611310 1308277 1308277 0 0 Net Patient Service Revenue 611310 6044048 6044048 0 0 Contractual Healthcare 611310 15976346 15976346 0 0 0 0 0 0 71117177 4699041 4699041 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other Sources 611310 5730239 5730239 0 0 College non-operating items 611310 865894 865894 0 0 Net gain (loss) on investments 611310 -15145388 -15145388 0 0 0 0 0 0 -8549255 200654112 67266963 0 0 0 0 33661136 33661136 0 0 0 0 4191686 1552456 2357307 281923 0 0 0 0 75475809 61128494 13201481 1145834 1946537 1531500 380152 34885 8780605 6908422 1714822 157361 5207829 4097426 1017071 93332 25357340 13229178 11581974 546188 1843257 2960 1840297 0 120495 195 120300 0 0 0 0 0 180645 180645 0 0 0 0 1629149 1107769 521380 0 68948 68828 120 0 10545906 8080027 2353346 112533 9228986 4531936 4697050 0 0 0 0 0 4670204 3427030 1169480 73694 958656 788127 143745 26784 0 0 0 0 196624 183146 10863 2615 342356 0 342356 0 0 0 0 0 7047950 4066667 2981283 0 1923924 1189947 708389 25588 Membership Dues 861115 572568 186797 101750 All Other Expenses 308870 140899 77957 90014 0 0 0 0 194548027 146268711 45406170 2873146 24038428 53144591 0 0 14452169 11360218 31788857 26409108 0 0 0 0 0 0 82083 37250 7658070 2075766 285939544 136976893 126414013 148962651 116200915 123083437 72143063 47452112 0 0 0 0 250000 0 393027598 412525133 12455773 14568496 2082 752 16177120 11367994 15103867 33047433 0 0 0 0 14398160 12958344 0 0 7026503 6611936 65163505 78554955 X 98492485 108107876 229371608 225862302 327864093 333970178 393027598 412525133 6106085 0 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 199433008 2646119 -9172394 0 9128074 1595530 182183129 179533561 2152586 39410177 0 20125494 1537822 199433008 182713407 1016387 6348734 0 9164786 1380181 179533561 183666348 1252093 9193611 0 10048640 1350005 182713407 164695585 4048698 22011694 0 5646126 1443503 183666348 0 1 0 0 0 0 8985445 8985445 17983863 174359497 108832714 83510646 0 0 0 0 0 51600161 27229232 24370929 0 33010578 914947 32095631 148962651 0 0 Cash equivalents 8684861 F Bonds 11276299 F Hedge funds 20868262 F Other 6622690 F 47452112 0 Government advances for student loans 5118673 Funds held in trusts for others 1493263 6611936 X 169844275 0 0 0 3668545 3668545 166175730 0 34478382 34478382 200654112 159973890 0 0 0 870670 870670 159103220 0 35444807 35444807 194548027 Schedule D, Part V, Line 4 The intended use of endowment funds is to fund scholarships for students and programs for the institution. Schedule D, Part X, Line 2 The organization 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. Tax positions for the College include, but are not limited to, its tax-exempt status and determination of where certain income is subject to unrelated business income tax. The College has determined that such tax positions do not result in an uncertainty requiring recognition. Schedule D, Part XI, Line 2d The audited financial statement revenue is adjusted to exclude net include for the organization subsidiary MMCV, Inc. Schedule D, Part XI, Line 4b The audited financial statement total revenues include adjustment for college funded scholarships, and adjustment in change in market value of interest swap agreement. Schedule D, Part XII, Line 2d The audited financial statement expense is adjusted for provision for income taxes related to MMCV, Inc. Schedule D, Part XII, Line 4b The audited financial statement total expenses include an adjustment for college funded scholarships, adjustment in change in minimum pension liability, and adjustment in change in non-operating items. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 A non-discriminatory policy statement accompanies all solicitations. Schedule E, Part I, Line 6 The organization receives funds and disburses to students; financial assistance based on criteria as required by the funding agency. X X X X X 1 Allegiant Direct Inc 278 Franklin Road Suite 290 Brentwood TN 37207 Direct mail. 0 675820 180645 495175 675820 180645 495175 AK AL AR AZ CA CT DE FL GA ID IL KS KY LA MA MD ME MI MN MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV WY 1 Scholarships to students 1210 33661136 0 Schedule I, Part I, Line 2 The organization has a Grants and Contracts management system for ensuring compliance with federal, state, local, and private grant stipulations and requirements. Each program is responsible for monitoring the individual grants and contracts. The College retains independent auditors who prepare the federal Single Audit and OMB Circular A-133. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 James E K Hildreth President/CEO 716767 0 109703 0 0 0 0 0 31613 0 858083 0 0 0 Peter E Millet Executive Vice President 399231 0 0 0 0 0 34000 0 21381 0 454612 0 0 0 LaMel Bandy-Neal Senior VP Finance / CFO 492990 0 333333 0 0 0 34000 0 18320 0 878643 0 0 0 Ivanetta D Samuels SVP/ General Counsel 419077 0 0 0 0 0 34000 0 16895 0 469972 0 0 0 Saletta Holloway Asst Corp Sec/SVP Board Relations 219539 0 0 0 0 0 28282 0 20487 0 268308 0 0 0 Duane Smoot Interim SVP Health Affairs 489249 0 0 0 0 0 10120 0 18344 0 517713 0 0 0 Patrick H Johnson SVP/ Advancement 281923 0 0 0 0 0 25148 0 10070 0 317141 0 0 0 Digna S Forbes Interim Dean School of Medicine 415749 0 0 0 0 0 14500 0 2414 0 432663 0 0 0 Charae Farmer Dean School of Dentistry 398558 0 0 0 0 0 34000 0 19726 0 452284 0 0 0 Evangeline Motley-Johnson Interim Dean School of Graduate Studies 196100 0 0 0 0 0 5844 0 13025 0 214969 0 0 0 Fortune Mhlanga Dean School of Applied Computational Sciences 300000 0 0 0 0 0 9750 0 15396 0 325146 0 0 0 Marquetta Faulkner Former Dean School of Medicine 242050 0 0 0 0 0 9682 0 14695 0 266427 0 0 0 Veronica T Mallett Former Dean School of Medicine/ Professor 449764 0 0 0 0 0 14500 0 18344 0 482608 0 0 0 Muyiwa Adedokun Asst Professor Surgery 399308 0 0 0 0 0 14500 0 0 0 413808 0 0 0 Richard Fremont Chair Internal Medicine 386769 0 0 0 0 0 14500 0 11526 0 412795 0 0 0 Christopher White Asst Professor Internal Medicine 374819 0 0 0 0 0 10499 0 6541 0 391859 0 0 0 Bryan Heckman Asst Professor Psychiatry 300000 0 50000 0 0 0 0 0 6541 0 356541 0 0 0 Lloyda Williamson Chair Psychiatry 349586 0 0 0 0 0 11984 0 28940 0 390510 0 0 0 Carlton Adams Chair Surgery/Trustee 449221 0 0 0 0 0 14500 0 19304 0 483025 0 0 0 Schedule J, Part I, Line 1a The compensation package paid to the President/CEO is approved by the executive committee of the Board of Trustees. Schedule J, Part I, Line 4 The organization sponsors a loan regime split dollar arrangement. See Schedule L, Part II. A Health and Educational Facilities Board of the Metropolitan Government of Nashville and Davidson County TN 626139016 592041SK4 2009-12-03 17025000 Refunding of outstanding callable bond issue 1 0 0 A 17025000 17025000 0 0 0 0 0 0 0 0 0 0 1 0 1 1 A 0 0 0 0 0 0 0 1 0 0 A 0 0 0 0 1 0 0 0 1 A 1 James E K Hildreth Current officer and key employee Supplement retirement income benefits and life insurance X 6340015 6128550 0 1 1 6128550 Adrian D Samuels Family member of Ivanetta Davis-Samuels, Officer 330000 Employment 0 Natalie R Stephens Family member of LaMel Bandy-Neal, Officer/CFO 110434 Employment 0 Christian D Neal Family member of LaMel Bandy-Neal, Officer/CFO 72123 Employment 0 Paula N Yarbrough Family member of Charae Farmer, Officer 59483 Employment 0 Schedule L, Part II Joint investment in cash value life insurance policy to supplement retirement income and return investment and interest to the organization. The joint policy provides supplemental retirement benefits through an alternative funding arrangement the IRS calls "collateral assignment split dollar" (CASD). Although the IRS requires reporting in the loan section of Schedule L, CASD is not an actual loan - no funds are transferred to the executive. The arrangement falls under the IRS regime tax regulations; therefore, the College recovers all of its outlays plus interest upon the executive's death. Form 990, Part VI, Section B, Line 11b Copies of the Form 990 are reviewed by the Executive Committee of the Board of Trustees prior to filing. The Executive Committee provides review on behalf of the full board. The College posts the Form 990 on the Passageways OnBoard Portal and makes hard copies available, giving access to all board members. The College files the return with the IRS. Form 990, Part VI, Section B, Line 12c The organization has a formal conflict of interest policy that requires an annual update from its Board of Trustees members and employees. The employees are required to complete a web-based conflict of interest training prior to completing the form. The policy requires reporting of existing or potential conflicts to the Office of the General Counsel. Potential and actual conflicts are discussed between the employee's immediate supervisor and a representative from the Office of the General Counsel. A conflict of interest committee hears complaints and provides advice in cases where conflict can be resolved. Potential or actual conflicts that are identified by the Board of Trustees members are reviewed by the Board. Form 990, Part VI, Section B, Line 15 Compensation for the CEO is determined by an executive committee of the Board of Trustees. Compensation arrangements of the officers and key employees are approved by the executive committee. Periodic use of an independent compensation consultant is utilized. Comparable data from affiliates such as the Association of Academic Health Centers, Association of American Medical Colleges, and NACUBO is utilized to determine compensation. Form 990, Part VI, Section C, Line 19 Policies are reviewed and approved by the executive management of the College and made available to the campus through the College's intranet site. Training is provided where deemed necessary. The organization provide upon request, governing documents through the Office of the General Counsel and financial statements through the Office of the Controller. MMCV Inc 1005 Dr DB B Todd Jr Blvd Nashville TN 372083599 854370391 Misc Financial Investment Activities TN N/A C 3668808 3668545 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 MMCV Inc o 128333 Proportionate share.