CLEMSON UNIVERSITY CONTINUING EDUCATION & CONFERENCE COMPLEX CORPORATION

EIN: 571002122 501(c)(3) Education

CLEMSON, SC

Total Revenue
$9,133,957
Total Expenses
$6,176,087
Total Assets
$13,321,069
Net Assets
$8,898,651
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
SC
Principal Officer
MAX ALLEN
Phone
8646563630
Tax Period
2024-07-01 to 2025-06-30

CLEMSON UNIVERSITY CONTINUING EDUCATION & CONFERENCE COMPLEX CORPORATION, founded in 1993, is a community nonprofit in the Education sector that reported $9.1M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.0M, a strong 32% operating margin.

Mission

THE CORPORATION EXISTS TO OWN, OPERATE, AND MANAGE THE MARTIN INN AND THE WALKER GOLF COURSE. IN ADDITION, THE CORPORATION, ON A DAILY BASIS, MANAGES THE MADREN CONFERENCE CENTER FOR CLEMSON UNIVERSITY.

Program Service Accomplishments

Program 1
Expenses: $2,578,694 Revenue: $2,853,060

THE WALKER COURSE IS USED BY VARIOUS UNIVERSITY ACADEMIC DEPARTMENTS FOR FIELD TRIPS, HANDS-ON LABORATORY LEARNING, INTERNSHIPS AND UPPER-LEVEL UNDERGRADUATE, MASTERS AND PHD LEVEL RESEARCH PROJECTS...

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THE WALKER COURSE IS USED BY VARIOUS UNIVERSITY ACADEMIC DEPARTMENTS FOR FIELD TRIPS, HANDS-ON LABORATORY LEARNING, INTERNSHIPS AND UPPER-LEVEL UNDERGRADUATE, MASTERS AND PHD LEVEL RESEARCH PROJECTS. INCLUDING TURFGRASS MANAGEMENT, PRTM, ENTOMOLOGY, WILDLIFE BIOLOGY AND FORESTRY MAJORS AMONG OTHERS. THE COURSE ALSO HOSTS ANNUAL EXTENSION ACTIVITIES SUCH AS THE TURFGRASS FIELD DAY AND MASTER POND MANAGER MEETINGS AND TRAINING. THE GOLF COURSE ALSO SERVES AS A RECRUITING TOOL FOR PROSPECTIVE STUDENTS BY HOSTING FIELD TRIPS FOR HIGH SCHOOL STUDENTS INTERESTED IN PURSUING A MAJOR IN TURFGRASS MANAGEMENT AND AN ANNUAL STEM FIELD TRIP FOR MIDDLE SCHOOL STUDENTS. THE COURSE IS ALSO INNOVATIVE IN THAT IT WAS BUILT TO ADA STANDARDS TO BE ACCESSIBLE TO THE HANDICAPPED.

Program 2
Expenses: $2,619,413 Revenue: $2,908,538

THE HOTEL IS USED TO PROVIDE LODGING AND FACILITIES FOR PROGRAMS CONNECTED WITH CLEMSON UNIVERSITY IN CONJUNCTION WITH ACTIVITIES AND PROGRAMS HELD AT THE CLEMSON UNIVERSITY MADREN CENTER AND CLEMSON...

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THE HOTEL IS USED TO PROVIDE LODGING AND FACILITIES FOR PROGRAMS CONNECTED WITH CLEMSON UNIVERSITY IN CONJUNCTION WITH ACTIVITIES AND PROGRAMS HELD AT THE CLEMSON UNIVERSITY MADREN CENTER AND CLEMSON UNIVERSITY. THE HOTEL PROVIDES CLEMSON UNIVERSITY STUDENTS WITH A REAL LIFE LEARNING ENVIRONMENT FOCUSING ON THE ACTIVITIES ASSOCIATED WITH HOSPITALITY MANAGEMENT.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,370,146
Program Service Revenue $5,607,512
Investment Income $2,213
Other Revenue $154,086
TOTAL REVENUE $9,133,957

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,898,394
Fundraising Expenses $0
Program Expenses $5,198,107
Other Expenses $3,277,693
TOTAL EXPENSES $6,176,087

Year-over-Year Comparison

2024 2023 Change
Revenue $9,133,957 $8,043,058 +0.1%
Expenses $6,176,087 $5,583,425 +0.1%
Net Income $2,957,870 $2,459,633 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
5
Employees
196
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$1,468,731
Total Directors
8
$1,468,731
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAX ALLEN CHAIR 1.00
Officer Director
$0 $22,347 $502,627
ANTHONY WAGNER SECRETARY/TREASUER, THRU 04/30/25 1.00
Officer Director
$0 $24,460 $579,546
DONNA BOWLING DIRECTOR 1.00
Director
$0 $0 $0
MARSHALL L BROWN DIRECTOR 1.00
Director
$0 $0 $0
JACK JACKSON DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM RAD PAGE DIRECTOR 1.00
Director
$0 $0 $0
MARK WASSERMAN DIRECTOR 1.00
Director
$0 $0 $0
RICHARD PETILLO SECRETARY/TREASUER, FROM 04/30/25 1.00
Officer Director
$0 $39,418 $386,558
DON GARRETT SUPERINTENDENT 40.00
Highest
$141,387 $2,063 $143,450
SHARON FRANKS GENERAL MANAGER 40.00
Highest
$129,042 $13,528 $142,570
BRENT JESSUP GOLF PRO 40.00
Highest
$112,427 $2,665 $115,092
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,133,957 $6,176,087 $13,321,069 $2,957,870
2024 No data No data No data No data
2023 $5,425,302 $5,184,990 $6,415,782 $240,312
2022 $5,396,381 $4,576,776 $6,703,214 $819,605
2021 $4,960,851 $4,178,387 $6,105,047 $782,464
2020 $3,752,876 $4,336,759 $5,450,158 $-583,883
2019 $4,565,196 $4,278,397 $6,326,914 $286,799
2018 $4,269,813 $4,030,247 $6,391,573 $239,566
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