2018-02-13T18:09:57-07:00 2017-06-30 990 2016-07-01 620488046 MEHARRY MEDICAL COLLEGE MEHA 6153276241 1005 Dr D B Todd Jr Blvd Nashville TN 372083599 LaMel Bandy-Neal Sr. Vice President of Finance & CFO 6153276767 2018-02-12 192.136.67.2 2016 2021-01-29 14:40:06Z Dr James E K Hildreth 1005 Dr D B Todd Jr Blvd Nashville TN 372093599 155017877 0 X www.mmc.edu X 1915 TN To improve the health and healthcare of miniority and underserved 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. 30 28 1243 0 0 0 60065095 72077609 57687172 61054289 5323650 4974504 1659235 16911475 124735152 155017877 2608250 1771072 0 0 79260851 80929792 149986 113755 2218160 42005543 64177022 124024630 146991641 710522 8026236 344708647 352937007 133413519 133615643 211295128 219321364 To improve the health and health care of minority and underserved 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 45884195 0 37433868 Professional Education: Education of students in the fields of medicine, dentistry, public health, medical science and allied health profession. Degrees conferred include: MD, DDS, MHS, MSPH, and PhD. (Number of Graduates from the programs: 219). 27236795 0 23620421 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: 207,224). 13246416 0 0 Medical Research, General/Other: The organization does research in a number of major areas (Cancer, Cardiovascular, Neuroscience, Seatbelt 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: 42). 10251238 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: 207,224). 10251238 0 0 96618644 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 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 198 0 1 1243 1 0 0 0 0 0 0 X 30 28 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 Dora S Moore 6153276241 1005 Dr DB Todd Jr Blvd Nashville TN 37208 Dr Nelson L Adams III Chairman 0 X 0 0 0 Milton H Jones Vice Chairman 0 X 0 0 0 Dr Joseph Adu Trustee 0 X 0 0 0 Dr Brandon Barton Jr Trustee 0 X 0 0 0 Dr Kimbra Bell Balark Trustee 0 X 0 0 0 Dr T B Boyd III Trustee 0 X 0 0 0 Dr Kim Cape Trustee 0 X 0 0 0 Dr Fernando Daniels Trustee 0 X 0 0 0 Richard R Davis 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 Gary A Garfield ESQ Trustee 0 X 0 0 0 Dr Dawn B Griffin Trustee 0 X 0 0 0 Derric A Gregory Sr 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 Sylvia E Johnson Trustee 0 X 0 0 0 Dr Collis Johnson Trustee 0 X 0 0 0 Ruben King-Shaw Jr Trustee 0 X 0 0 0 Dr Jonathan Perlin Trustee 0 X 0 0 0 Miche' Richards 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 Jeannette South-Paul Trustee 0 X 0 0 0 Bishop Joseph W Walker 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 Lorenzo Williams Trustee 0 X 0 0 0 Dr Robert L Williams Jr Trustee 0 X 0 0 0 M Inez Crutchfield Trustee Emeritus 0 X 0 0 0 The Honorable Mary Pruitt Trustee Emeritus 0 X 0 0 0 Dr Frank S Royal Sr Trustee Emeritus 0 X 0 0 0 Dr Robert Holt Professor Medicine/Trustee 40 X 97850 0 15186 Daphne Ferguson-Young Assoc Prof Dentistry/Former Trustee 40 X X 130145 0 12003 James E K Hildreth President/CEO 40 X 761546 0 36854 Peter E Millet Executive Vice President 40 X 0 0 0 LaMel Bandy-Neal Senior VP Finance / CFO 40 X 366288 0 46362 Ivanetta D Samuels General Counsel/SVP 40 X 250000 0 43360 Saletta Holloway Asst Corp Sec/SVP 40 X 200598 0 44711 Veronica T Mallett Dean School of Medicine 40 X 0 0 0 Charae Farmer Dean School of Dentistry 40 X 312233 0 46462 Maria F Lima Dean School of Graduate Studies 40 X 213354 0 37875 Dr A Cherrie Epps Former President/CEO 0 0 X X 351000 0 0 Frank Royal Jr Former Executive Vice President 40 X X 328000 0 31520 Marquetta Faulkner Former Dean School of Medicine 40 X X 446250 0 42219 Charles Mouton Former Dean School of Medicine 40 X X 200000 0 16629 Janet H Southerland Former Dean School of Dentistry 40 X X 179400 0 17153 Gwinnett Ladson Chair OBGYN 40 X 377000 0 28097 Anthony Disher Assoc Prof/Chair Radiology 40 X 365650 0 23848 Duane Smoot Chair Prof Internal Med 40 X 361098 0 25578 Ronald Baker Asst Prof/Surgery 40 X 360500 0 27117 Lemuel Dent Chair/Assoc Prof Surgery 40 X 355586 0 28052 5656498 0 523026 128 1 1 0 Aramark Facility Services 22506 Network Place Chicago IL 606731225 Facilities Management Services 3149759 Ellucian Company LP 4375 Fair Lakes Court Fairfax VA 22033 Information Technology Management Services 2331407 Vanderbilt University Financial Management Dept 1236 P O Box 12136 Dallas TX 75312 Medical Services 1442725 Baker Donelson Bearmen Caldwell and Berowitz PC 4268 I-55 North Meadowbrook Office Park Jackson MS 39211 Professional Legal Services 455229 Express Services Inc P O Box 535434 Atlanta GA 303535434 Professional Medical Services 394489 27 0 0 0 0 55169611 16907998 0 72077609 Tuition and fees 611310 36055657 36055657 0 0 Sales and Service of Edu Depts 611310 1378211 1378211 0 0 Net Patient Service Revenue 611310 7850112 7850112 0 0 Contractual Healthcare 611310 15770309 15770309 0 0 0 0 0 0 61054289 4974504 4974504 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 6869278 6869278 0 0 Non-Operating 611310 1324846 1324846 0 0 Net gain (loss) on investments 611310 8717351 8717351 0 0 0 0 0 0 16911475 155017877 82940268 0 0 0 0 1771072 1771072 0 0 0 0 3397406 1351236 1906727 139443 0 0 0 0 62257033 46803494 14278805 1174734 2837962 2081524 699632 56806 8464736 6208523 2086778 169435 3972655 2913773 979363 79519 18014660 8432148 9451098 131414 642541 9155 633386 0 143350 0 143350 0 0 0 0 0 113755 113755 0 0 0 0 612226 516093 96133 0 42963 42963 0 0 9460753 5449666 3920436 90651 3437689 1619215 1760358 58116 0 0 0 0 4357102 3121428 1166832 68842 1512272 884667 606084 21521 0 0 0 0 390909 334809 55448 652 3319666 0 3319666 0 0 0 0 0 5730609 4214290 1516319 0 1805444 1293420 483498 28526 Membership Dues 518744 276505 185601 56638 All Other Expenses 14188094 9294663 4865323 28108 146991641 96618644 48154837 2218160 17118532 18802169 0 0 1163849 965183 36021213 34723821 0 0 0 0 0 0 0 0 922820 3452410 242196264 104021044 142325424 138175220 119200874 115713252 27955935 41104952 0 0 0 0 0 0 344708647 352937007 11837045 11748143 255961 207734 14232283 14796935 82462891 88667657 0 0 0 0 11667452 5915388 0 0 12957887 12279786 133413519 133615643 X 37137157 39344614 26152582 27277179 148005389 152699571 211295128 219321364 344708647 352937007 8026236 0 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 152148295 6294182 15598036 0 7405111 1939817 164695585 177403547 6775204 4020316 0 4522950 31527822 152148295 173554452 7543980 4275071 0 6753515 1216441 177403547 159978201 6736547 15596038 0 7605258 1151076 173554452 146192930 6253048 13181767 0 4581947 1067592 159978206 0 1 0 0 0 0 8591782 8591782 22530111 169283994 88480212 103333893 0 0 0 0 0 36838862 14625885 22212977 0 4951515 914947 4036568 138175220 0 0 Cash equivalents 2543994 F Bonds 29898734 F Other 8662224 F 41104952 Government advances for student loans 11644139 Funds held in trusts for others 635647 12279786 X 147381339 0 0 0 0 0 147381339 0 7636538 7636538 155017877 140649466 0 0 0 0 0 140649466 0 6342175 6342175 146991641 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 a uncertainty requiring recognition. Schedule D, Part XI, Line 4b 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 4b Audited financial statement total expenses include adjustment for scholarships and adjustment in change in minimum pension liability. 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 X 1 Gurley Allegiant Direct 278 Franklin Road Suite 290 Brentwood TN 37027 Direct mail 0 612917 113755 499162 612917 113755 499162 AK AL AR AZ CA CT FL GA HI 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 1 Scholarships to students 255 1771072 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 OMB Circular A-133 audit for compliance. 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 621446 0 137646 0 2453 0 20464 0 16390 0 798399 0 0 0 Peter E Millet Executive Vice President 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LaMel Bandy-Neal Senior VP Finance / CFO 356731 0 9558 0 0 0 31250 0 15112 0 412651 0 0 0 Ivanetta D Samuels General Counsel/SVP 250000 0 0 0 0 0 30019 0 9463 0 289482 0 0 0 Saletta Holloway Asst Corp Sec/SVP 200598 0 0 0 0 0 28030 0 10287 0 238915 0 0 0 Dr A Cherrie Epps Former President/CEO 351000 0 0 0 0 0 0 0 0 0 351000 0 0 0 Frank Royal Jr Former Executive Vice President 328000 0 0 0 0 0 13250 0 18270 0 359520 0 0 0 Veronica T Mallett Dean School of Medicine 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Charae Farmer Dean School of Dentistry 312233 0 0 0 0 0 30672 0 15790 0 358695 0 0 0 Maria F Lima Dean School of Graduate Studies 213354 0 0 0 0 0 28258 0 9617 0 251229 0 0 0 Marquetta Faulkner Former Dean School of Medicine 446250 0 0 0 0 0 30392 0 11827 0 488469 0 0 0 Charles Mouton Former Dean School of Medicine 200000 0 0 0 0 0 9615 0 7014 0 216629 0 0 0 Janet H Southerland Former Dean School of Dentistry 179400 0 0 0 0 0 8515 0 8639 0 196554 0 0 0 Gwinnett Ladson Chair OBGYN 350000 0 27000 0 0 0 12577 0 15521 0 405098 0 0 0 Anthony Disher Assoc Prof/Chair Radiology 365650 0 0 0 0 0 12601 0 11247 0 389498 0 0 0 Duane Smoot Chair Prof Internal Med 361098 0 0 0 0 0 12556 0 13022 0 386676 0 0 0 Ronald Baker Asst Prof/Surgery 360500 0 0 0 0 0 12557 0 14561 0 387618 0 0 0 Lemuel Dent Chair/Assoc Prof Surgery 355586 0 0 0 0 0 12532 0 15521 0 383639 0 0 0 Schedule J, Part I, Line 1a The compensation package paid to the CEO/President 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 Supplemental retirement income benefits and life insurance X 6340015 6416221 0 1 1 6416221 Adrian D Samuels Family member of Ivanetta Davis-Samuels, Officer 285598 Employment 0 Fernando Villalta Family member of Maria F Lima, Key employee 185400 Employment 0 Paula N Yarbrough Family member of Charae Farmer-Dixon, Key employee 55000 Employment 0 Christian D Neal Family member of LaMel Bandy-Neal, Officer/CFO 51292 Employment 0 Schedule L, Part II Joint investment in a 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 loan 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 990 on its SharePoint website 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 and 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 conflicts 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 provides upon request, governing documents through the Office of the General Counsel and financial statements through the Office of the Controller.