2016-04-25T10:30:18-05:00 2015-06-30 621336737 CROSSLIN & ASSOCIATES PC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2014-07-01 620483210 MARTIN METHODIST COLLEGE MART 9313639865 433 WEST MADISON STREET PULASKI TN 38478 DAVID J STEPHENS VP FOR FINANCE & ADMINISTRATION 9313639865 2016-04-05 1 RODNEY C BROWER P00168898 6153205500 2014 2016-08-17 19:52:53Z DAVID J STEPHENS 433 WEST MADISON STREET PULASKI TN 38478 30195437 0 X WWW.MARTINMETHODIST.EDU X 1909 TN POST-SECONDARY EDUCATION 35 35 380 0 192074 -203532 5409585 2245950 25978125 25363105 925409 860321 389680 273809 32702799 28743185 11934628 11413336 0 0 8926901 9367917 0 0 562642 8357662 8252058 29219191 29033311 3483608 -290126 35592528 36305500 9891087 10163375 25701441 26142125 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 24523525 11413336 25442469 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. 24523525 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 0 1 1 0 0 0 0 0 0 0 0 1 1340 0 1 380 1 1 1 0 0 0 0 1 1 0 0 0 0 X 35 35 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 JIM BEATY 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 STACEY A GARNER 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 S HERSHEL LAKE TRUSTEE 1.00 X 0 0 0 MACK S LINEBAUGH JR TRUSTEE 1.00 X 0 0 0 THEODORE D LIPMAN 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 MICHAEL D O'BANNON 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 SAM W HOLDEN II 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 TED BROWN PRESIDENT 40.00 X 250518 0 53294 DAVID STEPHENS VP FINANCE & ADMINISTRATIO 40.00 X 104536 0 14396 JAMES MURRELL VP OF ACADEMIC AFFAIRS 40.00 X 93484 0 11396 ROBBY SHELTON VP OF CAMPUS LIFE AND ENRO 40.00 X 92008 0 13610 EDWARD TRIMMER EXECUTIVE DIRECTOR CHURCH 40.00 X 91610 0 10561 JEFF BAIN EXECUTIVE ATHLETIC DIRECTO 40.00 X 80946 0 8672 DENNIS HASKINS VP PLANNING AND EFFECTIVEN 40.00 X 91581 0 4350 WILLIAM D JONES VP OF ADVANCEMENT 40.00 X 138458 0 14561 943141 0 130840 3 0 1 0 SODEXO PO BOX 536922 ATLANTA GA 303536922 CAFETERIA SERVICE 839372 JP MORGAN CHASE PO BOX 94016 PALATINE IL 600944016 CREDIT CARD PURCHASES-TRAVEL 612988 TIAA-CREF PO BOX 724509 ATLANTA GA 311391508 CONTRIBUTION PLAN 553078 BLUECROSS BLUESHIELD OF TN PO BOX 6539 CAROL STREAM IL 60197 HEALTHCARE COVERAGE MEDICAL 480708 PULASKI ELECTRIC PO BOX 368 PULASKI TN 38478 ELECTRIC, WATER, AND GAS 480480 5 19355 61507 2165088 140476 2245950 TUITION & FEES 611310 21925567 21806259 119308 AUXILIARY ENTERPRISES 900099 3437538 3364772 72766 25363105 842343 842343 59213 0 59213 59213 59213 1456625 1438647 17978 17978 17978 33954 19355 13605 20349 20349 MISCELLANEOUS INCOME 900099 124327 124327 SPECIAL EVENTS INCOME 900099 51663 51663 PLANT FUND INCOME 900099 10580 10580 7677 7677 194247 28743185 25442469 192074 862692 11413336 11413336 990084 990084 6905234 5192556 1366567 346111 235296 142276 83466 9554 675100 544840 110202 20058 562203 448535 89995 23673 1050 1050 46675 46675 153627 153627 128643 107046 21597 1512704 1176103 336601 515351 413039 71525 30787 385640 299829 85811 1569580 1220323 349257 329213 255958 73255 FOOD 714820 714820 SUPPLIES 667011 414510 174293 78208 MISCELLANEOUS EXPENSE 591769 277020 305646 9103 BOOKSTORE PURCHASES 466018 466018 1169957 554278 592128 23551 29033311 24523525 3947144 562642 1414372 1183678 368881 405399 328677 340725 60350 80812 34072521 16302905 18396064 17769616 12254550 11777710 2281750 2311750 487884 2435810 35592528 36305500 232788 192466 289014 282037 4381617 4043180 4987668 5645692 9891087 10163375 X 10015877 10351816 7321092 6251540 8364472 9538769 25701441 26142125 35592528 36305500 X -290126 -963163 1693973 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13414406 236375 800937 -153648 77586 14527780 12628900 141381 686345 -32590 74810 13414406 11701911 120135 771309 -104875 69330 12628900 12308090 116370 -471984 181136 69429 11701911 10399270 667315 1678123 366699 69919 12308090 0.70000 0.30000 1 0 791528 791528 26352897 11080027 15272870 5667920 4474556 1193364 1260176 748322 511854 17769616 IN-KIND ENDOWMENT (LAND) 450000 C OPERATING INVESTMENT (LAND HELD FOR RESALE) 1861750 C 2311750 OTHER ASSETS 681968 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 1753842 2435810 ANNUITIES PAYABLE 145910 CAPITAL LEASE OBLIGATIONS 69292 NOTES PAYABLE AND LONG-TERM DEBT 5430490 5645692 X 16385587 -963163 18901 -944262 17329849 11413336 11413336 28743185 17633584 13609 13609 17619975 11413336 11413336 29033311 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 5,297. FUNDRAISING EXPENSES 13,605. ROUNDING -1. PART XI, LINE 4B - OTHER ADJUSTMENTS: NET TUITION AND FEES AND AUXILIARY ENTERPRISES 11,413,336. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 13,605. ROUNDING 4. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET TUITION AND FEES AND AUXILIARY ENTERPRISES 11,413,336. 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 34600 16600 18000 6750 TRAP SHOOT 8505 2755 5750 2305 1 10204 10204 4550 53309 19355 33954 13605 13605 20349 1 STUDENT SCHOLARSHIPS AND GRANTS 1068 11413336 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 250518 0 0 0 0 0 46383 0 6911 0 303812 0 0 0 WILLIAM D JONES VP OF ADVANCEMENT 138458 0 0 0 0 0 7650 0 6911 0 153019 0 0 0 PART I, LINE 4B TED BROWN PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN WHICH HAD A $35,908 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 BOARD OF TRUSTEES MEMBER 6600 PULASKI PUBLISHING PROVIDES NEWSPAPER AND RADIO ADS FOR MARTIN METHODIST. 0 HERSHEL LAKE BOARD OF TRUSTEES MEMBER 53328 HOLLEY'S PRINTING PROVIDES PRINTING OF BROUCHURES AND OTHER ITEMS SUCH AS RECEIPTS AND MAILINGS FOR MARTIN METHODIST. 0 X 10 71840 FMV X GIFT-IN-KIND 43 68636 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 5,297. RESTATEMENT OF NET POSITION PER AUDIT 1,688,676.