2025-05-15T14:17:44-05:00 2024-06-30 934967814 ATA Advisory LLC 6525 N Quail Hollow Rd Ste 500 Memphis TN 38120 990 2023-07-01 710430687 Mid-America Baptist Theological Seminary Inc MID- 9017513039 2095 Appling Road Cordova TN 38016 Terry Wildmon Chief Financial Officer 9017513041 2025-05-14 1 0 Cathy Sanborn P00290766 9016841170 2025-05-14 2023 2025-03-06 01:10:19Z Dr Michael Spradlin 2095 Appling Road Cordova TN 38016 4032635 0 X mabts.edu X 1971 TN To provide religious education to students 8 8 86 0 0 0 1717923 2353673 1535639 1485442 87276 132935 61098 60585 3401936 4032635 0 0 0 0 3162495 3494781 0 0 581416 3179896 2702690 6342391 6197471 -2940455 -2164836 23539749 23213789 3337656 4943204 20202093 18270585 X To provide religious education to students 0 0 2001659 1399672 Academic training in ministry - A combined total of 642 students registered for the Fall, Spring and Summer terms, taking a total for the year of 5,500 credit hours. 325417 85770 Library and Bookstore - Provided research and information to students (642 combined Fall, Spring, and Summer registration) and faculty. 536794 Student services - Assisted students (642 combined Fall, Spring, and Summer registration) and families with all the areas pertaining to campus life. 50880 60585 Miscellaneous activities directly related to overall mission of organization. 50880 60585 2914750 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 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 0 0 1 X 30 0 1 86 1 0 1 EI 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X Terry Wildmon 9017513041 2095 Appling Road Cordova TN 38016 Glenda Norville Director 1.00 X 0 0 0 Terry Brown Director 1.00 X 0 0 0 Betsy Wade DIrector 1.00 X 0 0 0 Rose Mink Director 1.00 X 0 0 0 Karen Nelson Director 1.00 X 0 0 0 Candi Finch Director 1.00 X 0 0 0 Nick Brown Director 1.00 X 0 0 0 Van Gray Chief Development Officer 1.00 X 0 0 0 Al Santos Director 1.00 X 0 0 0 Scott Colter Director 1.00 X 0 0 0 Donn Arms Director 1.00 X 0 0 0 Zac Sandiford Director 1.00 X 0 0 0 Ray Skinner Chairman 1.00 X 0 0 0 Roland Maddox Vice Chairman 1.00 X 0 0 0 Eugene Howard Trustee 1.00 X 0 0 0 Terry Brimhall Trustee 1.00 X 0 0 0 Keith Noble Trustee 1.00 X 0 0 0 Jimmie Williams Trustee 1.00 X 0 0 0 Richard Proctor Trustee 1.00 X 0 0 0 Curtiss Doss Trustee 1.00 X 0 0 0 Michael Spradlin President 40.00 X 211594 0 12677 Bradley Thompson Executive VP 40.00 X 225187 0 13023 Soo Geun Song VP Institutional Assessment 40.00 X 31400 0 603 Mikey Mewborn VP Student Life 40.00 X 136873 0 11256 Randy Redd VP for Finance 40.00 X 171018 0 11939 776072 0 49498 4 0 1 0 0 2353673 2353673 Tuition and fees 611310 1399672 1399672 Auxiliary revenue 459210 85770 85770 1485442 132935 132935 Admin Reimbursement 55000 55000 Miscellaneous revenue 5585 5585 60585 4032635 1546027 0 132935 866706 466655 344560 55491 2186863 1177460 869388 140015 64889 43499 19858 1532 251600 146747 96043 8810 124723 63236 46658 14829 50454 2426 48028 4724 1250 3474 67325 17373 6850 43102 186088 71836 99436 14816 392369 377 391934 58 52658 22403 24610 5645 181345 159199 22146 506316 238127 220689 47500 102555 -10 102565 Contract labor 308476 30347 95427 182702 Subsidized expenses 287691 192118 95573 Periodicals & journals 100655 100655 Bad debt expense 86628 86628 375406 94424 217540 63442 6197471 2914750 2701305 581416 1369 2070 149819 534261 147352 98567 575896 557944 80378 106843 15238 15238 29517531 10558614 19386493 18958917 3121843 2892817 58064 43835 3297 3297 23539749 23213789 250273 377082 3087383 4566122 3337656 4943204 X 15582082 13628482 4620011 4642103 20202093 18270585 23539749 23213789 X -2164836 233330 -2 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3097985 40757 277860 155053 12016 3249533 2918446 53613 187484 48124 13434 3097985 3349398 73489 -354549 133830 16062 2918446 2725113 75361 583954 23350 11680 3349398 2504338 25166 84316 72551 11765 2529504 0 0 6170590 6170590 18195200 7893751 10301449 2875833 2664863 210970 2275908 2275908 18958917 Travel Deposits 27025 Note Payable - MASH (LOC) 4495262 Operating Lease Liability 43835 4566122 4265965 233330 233330 4032635 0 4032635 6197471 0 6197471 0 6197471 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Placed on all published materials and advertised in local newspaper. 0 0 0 0 0 0 0 0 0 Bradley Thompson Executive VP 119437 0 69750 0 36000 0 4479 0 8544 0 238210 0 0 0 Michael Spradlin President 137660 0 31934 0 42000 0 4133 0 8544 0 224271 0 0 0 Randy Redd VP for Finance 80515 0 40250 0 50253 0 3395 0 8544 0 182957 0 0 0 Form 990, Part V, Line 4b Financial Accounts in Foreign Countries: interest in hedge fund in Ireland. Balance in fund is less than $10,000. Form 990, Part VI, Section B, line 11b 990 is e-mailed to finance committee members for approval before filing. Form 990, Part VI, Section B, line 12c Each year, subject individuals are required to disclose conflicts of interest. Form 990, Part VI, Section B, line 15 Compensation Process for Top Official: The President is subject to an annual review by the board of trustees. The board assesses his performance and sets his salary. The executive officers and president are subject to compensation audits every 5 years. The last one was January, 2019. Compensation Process for Officers: Other officers are subject to an annual review by the President. Last one was January, 2022. The President assesses their performance and sets their salaries. Form 990, Part VI, Section C, line 19 Audited Financial Statements are available on Guidestar. Conflict of interest and governing documents are available upon request. Form 990, Part XI, line 9: Rounding -2. Mid-America Student Housing Inc PO Box 2350 Cordova TN 380880790 621673035 Res. Rent TN 501(c)(3) Line 10 N/A 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 Mid-America Student Housing Inc A 34712 Accrued interest Mid-America Student Housing Inc D 36517 Loan receivable Mid-America Student Housing Inc L 55000 Administrative services Mid-America Student Housing Inc D 2995262 Line of credit