Emory, Group Return in Atlanta, Georgia (GA)

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Emory, Group Return
Employer Identification Number (EIN)900790361
Name of OrganizationEmory
Secondary NameGroup Return
In Care of NameJames T Hatcher
Address1440 Clifton Rd Ne Whscab Ste 309, Atlanta, GA 30322-0001
SubsectionEducational Organization
Ruling Date06/2011
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 - Group return
Asset Amount$531,649,306
Amount of Income$1,342,412,951
Form 990 Revenue Amount$1,342,412,951
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: University or Technological Institute


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Amount of income in 2013: $1,342,412,951 (it was $1,238,865,232 in 2012)
Emory, Group Return: 

 $1,342,412,951
Other organizations performing similar types of work: 

 $136,725,850

Assets in 2013: $531,649,306 (it was $571,325,413 in 2012)
Emory, Group Return: 

 $531,649,306
Other organizations performing similar types of work: 

 $239,530,668

Expenses in 2013: $1,409,404,636
This organization: 

 $1,409,404,636
Other organizations performing similar types of work: 

 $107,808,210

Income to expenses ratio in 2013: 1.0
Emory, Group Return: 

 1.0
Other organizations performing similar types of work: 

 1.1

Number of employees in 2013: 16,370
This organization: 

 16,370
Other organizations performing similar types of work: 

 1,977

Employees paid over $100,000 in 2013: 7.9%
Emory, Group Return: 

 7.9%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 9.1%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesYes
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?YesYes
Did the organization attach a copy of its audited financial statements?YesYes
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?YesYes
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoYes
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?YesYes
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?YesYes
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?YesYes
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesYes
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10968711,473
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return13,01316,370
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?YesYes
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$22,070,861$26,024,430
Total reportable compensation from related organizations$16,766,069$15,859,965
Total estimated amount of other compensation from the organization and related organizations$3,519,704$3,689,744
Total number of individuals who received more than $100,000 of reportable compensation from the organization9221,116
Total number of independent contractors who received more than $100,000 of compensation from the organization77172
Statement of Revenue
201120122013
Total revenue$885,552,478$1,238,865,232$1,342,412,951
Contributions, Gifts, Grants and Other Similar Amounts$776,626$1,049,054$599,453
Program Service Revenue$759,233,337$1,195,979,951$1,295,134,979
900099$82,364,287$87,541,641
900099$1,105,020,195$1,190,585,671
900099$7,771,525$15,641,649
900099$823,944$1,366,018
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,705,337$4,110,937$1,938,383
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$123,837,178$37,725,290$44,740,136
900099$31,940,370$47,698,918
900099$2,380,158$3,144,685
900099$3,404,762$-6,103,467
All other revenue$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$816,769,536$1,298,896,800$1,409,404,636
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$8,254,823$11,999,747$13,039,018
Compensation not included above, to disqualified persons$5,174,663$3,177,813
Other salaries and wages$468,287,035$639,655,063$746,511,211
Pension plan accruals and contributions$0$0
Other employee benefits$121,554,500$147,462,035
Payroll taxes$0$0$0
Fees for services (non-employees)
Management$0$0
Legal$1,966,699$2,847,792
Accounting$789,939$799,959
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$20,013,681$25,941,475
Advertising and promotion$0$0
Office expenses$0$0
Information technology$0$0
Royalties$0$0
Occupancy$87,040,182$100,581,411
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$9,330,671$13,152,251
Payments to affiliates$96,817,375$106,799,746
Depreciation, depletion, and amortization$43,341,639$54,876,175
Insurance$-6,549,893$-5,071,263
Other expenses$78,274,646$84,640,804
Other expenses$65,409,818$87,124,696
Other expenses$140,487,737$167,886,091
Other expenses$-61,461,037$-57,015,162
Other expenses$45,051,370$-83,349,416
Balance Sheet
201120122013
Total assets$293,858,297$571,325,413$531,649,306
Cash - non-interest-bearing$-100,583,904$-182,383,666
Savings and temporary cash investments$57,690,065$58,085,950
Pledges and grants receivable, net$0$0
Accounts receivable, net$127,785,206$141,879,464
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$4,526,214$3,577,105
Prepaid expenses and deferred charges$9,810,369$8,615,288
Land, buildings, and equipment: cost or other basis$400,994,172$411,296,167
Investments - publicly traded securities$19,099,180$29,123,490
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$52,004,111$61,455,508
Total liabilities$213,689,274$458,242,581$435,182,058
Accounts payable and accrued expenses$98,690,477$94,344,358
Grants payable$0$0
Deferred revenue$342,777$322,709
Tax-exempt bond liabilities$0$6,958,016$7,089,677
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$352,251,311$333,425,314
Total net assets or fund balances$80,169,023$113,082,832$96,467,248
Unrestricted net assets$106,991,202$90,123,675
Temporarily restricted net assets$5,916,630$5,583,573
Permanently restricted net assets$175,000$760,000
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii)
Number of organizations supported2
Sum of amounts of support$26,350,030
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Emory University, Beta Alpha Psi Epsilon Upsilon ChapterGoizueta Business School 1300 Clifton Road, Atlanta, GA 30322-2710GA2011-06$3,276,071,690
2Savannah College Of Art And Design IncPO BOX 3146, Savannah, GA 31402-3146GA1979-04$415,452,342
3Clark Atlanta University Inc223 James P Brawley Dr Sw, Atlanta, GA 30314-4358GA1989-08$134,413,239
4William Carey University498 Tuscan Ave Box 2, Hattiesburg, MS 39401-5461MS1973-03$82,693,678
5Life University Inc1269 Barclay Cir Se, Marietta, GA 30060-2903GA1977-05$61,606,725
6Brenau University Inc500 Washington St Se, Gainesville, GA 30501GA1943-11$54,576,928
7Mount Saint Vincent University166 Bedford Highway, Halifaxinternational1981-08$48,966,246
8Thomas University Inc1501 Millpond Rd, Thomasville, GA 31792-7478GA1955-02$16,182,697
9Emory, Group Return1440 Clifton Rd Ne Whscab Ste 309, Atlanta, GA 30322-0001GA2011-06$1,342,412,951
10Emroy University, Emory Children Center Inc201 Dowman Dr 102 Admin Building, Atlanat, GA 30322-0001GA2011-06$45,065,526
11University Of Science & PhilosophyPO BOX 520, Waynesboro, VA 22980-0384VA1958-12$227,455
12Emory Innovations Inc201 Dowman Dr Ne 101 Admin Bldg, Atlanta, GA 30322-0001GA2011-06$0
13Emorysaint Joseph's Inc1440 Clifton Road Ne Whscab, Atlanta, GA 30322GA2011-06$0
14Great Lakes UniversityPo Box 4347, Auburn Hills, MI 48326MI2007-09$0
15Medical And Technological University Of America Foundation683 Windmill Ct, Fremont, CA 94539CA2007-11$0
16Momentum Leadership School Of Ministry Inc15 Kibbe Road, East Longmeadow, MA 01028MA2009-07$0
17Nelson Mandella Institution For Knowledge Building & Advancement1825 I St Nw Ste 400, Washington, DC 20006-5415DC2007-12$0
18Trustees Of Princeton University, Princeton Alumni Assoc Of Essex CouPO BOX 291, Princeton, NJ 08544-0001NJ1984-02$0
19Trustees Of Princeton University, Princeton Alumni Association Of RiPO BOX 291, Princeton, NJ 08544-0001NJ1984-02$0
20Yale University, 2005 Yale College ClassPO BOX 209010, New Haven, CT 06520-9010CT1992-10$0
Number of organizations performing similar types of work
Alaska1
Alabama4
Arkansas1
Arizona2
California36
Colorado5
Connecticut9
District of Columbia6
Delaware2
Florida10
Georgia10
Hawaii2
Iowa7
Illinois19
Indiana6
Kansas4
Kentucky4
Louisiana4
Massachusetts19
Maryland7
Maine2
Michigan11
Minnesota5
Missouri9
Mississippi1
North Carolina11
North Dakota1
Nebraska2
New Hampshire3
New Jersey12
New York37
Ohio20
Oklahoma5
Oregon5
Pennsylvania29
Rhode Island3
South Carolina2
Tennessee6
Texas20
Utah1
Virginia11
Vermont3
Washington9
Wisconsin8
West Virginia2
International20
Total396
All affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralEmory University, Beta Alpha Psi Epsilon Upsilon ChapterGoizueta Business School 1300 Clifton Road, Atlanta, GA 30322-2710GA2011-06$3,276,071,690
SubordinateEmory University, Emory Clinic Inc1365 Clifton Rd Ne, Atlanta, GA 30322-1013GA2011-06$555,467,151
SubordinateSaint Josephs Hospital Of Atlanta Inc5665 Peachtree Dunwoody Rd, Atlanta, GA 30342-1701GA2011-06$322,506,712
SubordinateSaint Josephs Translational Research Institute Inc5673 Peachtree Dunwoody Road, Atlanta, GA 30342-1731GA2011-06$8,052,714
SubordinateEmory, Group Return1440 Clifton Rd Ne Whscab Ste 309, Atlanta, GA 30322-0001GA2011-06$1,342,412,951
SubordinateEmory University, Emory Medical Care Foundation Inc1648 Pierce Drive, Atlanta, GA 30322-0001GA2011-06$69,357,504
SubordinateEmory University, Emory Healthcare Inc550 Peachtree St Ww Orr Bldg Payrol, Atlanta, GA 30308GA2011-06$65,388,139
SubordinateEmory University, Wesley Woods Center Of Emory Univer1817 Clifton Rd Ne, Atlanta, GA 30329-4021GA2011-06$56,507,639
SubordinateEmroy University, Emory Children Center Inc201 Dowman Dr 102 Admin Building, Atlanat, GA 30322-0001GA2011-06$45,065,526
SubordinateEmory Innovations Inc201 Dowman Dr Ne 101 Admin Bldg, Atlanta, GA 30322-0001GA2011-06$0
SubordinateEmorysaint Joseph's Inc1440 Clifton Road Ne Whscab, Atlanta, GA 30322GA2011-06$0
Number of affiliated organizations
Georgia11
Total11

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