2024-08-02T12:52:21-05:00 2023-09-30 420714325 RSM US LLP 7351 OFFICE PARK PLACE MELBOURNE FL 329408229 990 2022-10-01 770277826 MANAGED FUNDS ASSOCIATION MANA 2027302600 1301 PENNSYLVANIA AVE NW 350 WASHINGTON DC 20004 PETER DONOVAN EVP & MANAGING DIRECTOR, COO 2027302600 2024-07-29 1 0 KELLI PECK P01423033 3217516200 2024-07-29 2022 2024-08-08 14:25:15Z BRYAN CORBETT 1301 PENNSYLVANIA AVE NW 350 WASHINGTON DC 20004 27969801 0 X WWW.MFAALTS.ORG X 1991 IL MANAGED FUNDS ASSOCIATION (MFA), BASED IN WASHINGTON, DC, NEW YORK, BRUSSELS, AND LONDON, REPRESENTS THE GLOBAL ALTERNATIVE ASSET MANAGEMENT INDUSTRY. MFA'S MISSION IS TO ADVANCE THE ABILITY OF ALTERNATIVE ASSET MANAGERS TO RAISE CAPITAL, INVEST, AND GENERATE RETURNS FOR THEIR BENEFICIARIES. MFA ADVOCATES ON BEHALF OF ITS MEMBERSHIP AND CONVENES STAKEHOLDERS TO ADDRESS GLOBAL REGULATORY, OPERATIONAL, AND BUSINESS ISSUES. MFA HAS MORE THAN 180 MEMBER FUND MANAGERS, INCLUDING TRADITIONAL HEDGE FUNDS, CREDIT FUNDS, AND CROSSOVER FUNDS, THAT COLLECTIVELY MANAGE OVER $3.2 TRILLION ACROSS A DIVERSE GROUP OF INVESTMENT STRATEGIES. MEMBER FIRMS HELP PENSION PLANS, UNIVERSITY ENDOWMENTS, CHARITABLE FOUNDATIONS, AND OTHER INSTITUTIONAL INVESTORS TO DIVERSIFY THEIR INVESTMENTS, MANAGE RISK, AND GENERATE ATTRACTIVE RETURNS OVER TIME. 40 40 0 41 2250 0 0 0 24142284 27069083 91015 895718 133470 5000 24366769 27969801 5000 5000 0 0 12224058 14421892 0 0 0 12956768 12533495 25185826 26960387 -819057 1009414 32149048 34909058 22234987 23876625 9914061 11032433 X MANAGED FUNDS ASSOCIATION (MFA), BASED IN WASHINGTON, DC, NEW YORK, BRUSSELS, AND LONDON, REPRESENTS THE GLOBAL ALTERNATIVE ASSET MANAGEMENT INDUSTRY. MFA'S MISSION IS TO ADVANCE THE ABILITY OF ALTERNATIVE ASSET MANAGERS TO RAISE CAPITAL, INVEST, AND GENERATE RETURNS FOR THEIR BENEFICIARIES. MFA ADVOCATES ON BEHALF OF ITS MEMBERSHIP AND CONVENES STAKEHOLDERS TO ADDRESS GLOBAL REGULATORY, OPERATIONAL, AND BUSINESS ISSUES. MFA HAS MORE THAN 180 MEMBER FUND MANAGERS, INCLUDING TRADITIONAL HEDGE FUNDS, CREDIT FUNDS, AND CROSSOVER FUNDS, THAT COLLECTIVELY MANAGE OVER $3.2 TRILLION ACROSS A DIVERSE GROUP OF INVESTMENT STRATEGIES. MEMBER FIRMS HELP PENSION PLANS, UNIVERSITY ENDOWMENTS, CHARITABLE FOUNDATIONS, AND OTHER INSTITUTIONAL INVESTORS TO DIVERSIFY THEIR INVESTMENTS, MANAGE RISK, AND GENERATE ATTRACTIVE RETURNS OVER TIME. 0 0 ADVOCACY: MFA PROMOTES PUBLIC POLICIES THAT FOSTER EFFICIENT, TRANSPARENT, AND FAIR CAPITAL MARKETS. WITH INPUT FROM OUR MEMBERS, MFA WORKS CONSTRUCTIVELY WITH POLICYMAKERS AROUND THE GLOBE TO HELP INFORM THE LEGISLATIVE AND REGULATORY PROCESSES. EDUCATION: EACH YEAR, MFA HOLDS DOZENS OF CONFERENCES, FORUMS, AND OTHER EVENTS THAT GIVE OUR MEMBERS THE TOOLS AND INFORMATION THEY NEED TO THRIVE IN AN EVOLVING GLOBAL REGULATORY LANDSCAPE. COMMUNICATION: THROUGH OUTREACH TO JOURNALISTS AND THOUGHT LEADERS, MFA INFORMS COVERAGE OF THE ALTERNATIVE ASSET MANAGEMENT INDUSTRY AND HIGHLIGHTS THE WORK OUR MEMBERS DO TO PROVIDE RETIREMENT SECURITY FOR WORKERS, CAPITAL FOR BUSINESSES, AND INCREASED RESOURCES FOR ENDOWMENTS AND FOUNDATIONS. RESEARCH: MFA ADVANCES THE UNDERSTANDING OF THE ALTERNATIVE ASSET MANAGEMENT INDUSTRY AND POLICIES IMPACTING OUR MEMBERS' ABILITY TO SERVE THEIR INVESTORS THROUGH RESEARCH. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 72 0 1 0 1 1 0 0 0 1 1 0 1 0 X 40 40 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X X BRICE HADDEN 2027302600 1301 PENNSYLVANIA AVE NW 350 WASHINGTON DC 20004 NATALIE BIRRELL CHAIR 2.00 0.00 X X 0 0 0 JIM ROWEN VICE CHAIR (THRU 1/23) 2.00 0.00 X X 0 0 0 NATALIE DEAK JAROS SECRETARY & TREASURER 2.00 0.00 X X 0 0 0 DES ANDERSON ELECTED DIRECTOR 2.00 0.00 X 0 0 0 MARK BAILEY ELECTED DIRECTOR 2.00 0.00 X 0 0 0 SUSANNE CLARK ELECTED DIRECTOR 2.00 0.00 X 0 0 0 JULIA DAILEY ELECTED DIRECTOR 2.00 0.00 X 0 0 0 BRUCE DARRINGER ELECTED DIRECTOR 2.00 0.00 X 0 0 0 ERIC EPSTEIN ELECTED DIRECTOR 2.00 0.00 X 0 0 0 SHAWN FAGAN ELECTED DIRECTOR 2.00 0.00 X 0 0 0 ANDY GENSER ELECTED DIRECTOR 2.00 0.00 X 0 0 0 REBECCA GINZBURG ELECTED DIRECTOR 2.00 0.00 X 0 0 0 JODY GUNDERSON ELECTED DIRECTOR 2.00 0.00 X 0 0 0 CHRIS HAYWARD ELECTED DIRECTOR 2.00 0.00 X 0 0 0 JEREMY KATZ ELECTED DIRECTOR 2.00 0.00 X 0 0 0 RORY MCGREGOR ELECTED DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL MENDELSON ELECTED DIRECTOR 2.00 0.00 X 0 0 0 JON MOSLE ELECTED DIRECTOR 2.00 0.00 X 0 0 0 TONY PAQUETTE ELECTED DIRECTOR 2.00 0.00 X 0 0 0 GIL RAVIV ELECTED DIRECTOR 2.00 0.00 X 0 0 0 SCOTT SCHROEDER ELECTED DIRECTOR 2.00 0.00 X 0 0 0 ZION SHOHET ELECTED DIRECTOR 2.00 0.00 X 0 0 0 JOHN SPINNEY ELECTED DIRECTOR 2.00 0.00 X 0 0 0 DEDE W WELLES ELECTED DIRECTOR 2.00 0.00 X 0 0 0 TRACEY YURKO ELECTED DIRECTOR 2.00 0.00 X 0 0 0 DAVID ZIRIN ELECTED DIRECTOR 2.00 0.00 X 0 0 0 BRIAN DALY APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 PAUL FLEMING APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 PETER GREENE APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 MIKE KELLEHER APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 KEVIN KELLY APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 CINDY MA APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 EDOUARD MATITIA-COHEN APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 LOUIS MOLINARI APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 SCOTT MOSS APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 PENNY NOVICK APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 ANDREW PALMER APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 TED POST APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 CARLOS RANGEL APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 CARL STEWART APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 ROB STONE APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 BRYAN CORBETT PRESIDENT & CEO 39.50 0.50 X 2672699 0 51936 JILLIEN FLORES EVP, HEAD OF US GOVERNMENT AFFAIRS 40.00 0.00 X 710175 0 51526 PETER DONOVAN EVP & MD, COO 40.00 0.00 X 661160 0 53398 JENNIFER HAN EVP, CHIEF COUNSEL, HEAD REG AFFAIRS 40.00 0.00 X 700645 0 54722 BROOKE HARLOW CHIEF COMMERICAL OFFICER (THRU 12/22) 40.00 0.00 X 414201 0 14975 NOAH THERAN GLOBAL HEAD OF COMMUNICATIONS 39.50 0.50 X 487360 0 54311 RYAN HEDGEPETH DIRECTOR, GOVERNMENT RELATIONS 40.00 0.00 X 306242 0 12913 NORA RICHARDSON VICE PRESIDENT, MEMBERSHIP SERVICES 40.00 0.00 X 388257 0 24593 MATTHEW DAIGLER VP, SR. COUNSEL, REGULATORY AFFAIRS 40.00 0.00 X 313544 0 12153 ANDREW SACHER DIRECTOR OF RESEARCH 40.00 0.00 X 284894 0 11368 AMY D'ANNUNZIO MANAGING DRTCR, CONFERENCE & EVENTS 40.00 0.00 X 294174 0 24982 7233351 0 366877 27 0 1 0 NARRATIVE STRATEGIES LLC 1401 H STREET NW STE 750 WASHINGTON DC 20005 COMMUNICATION SVCS 1308661 SULLIVAN & CROMWELL LLP 125 BROAD STREET NEW YORK NY 10004 DOMESTIC LEGISLATIVE & REGULATORY SVCS 247472 CRAVATH SWAINE & MOORE LLP 825 EIGHTH AVENUE NEW YORK NY 10019 DOMESTIC LEGISLATIVE & REGULATORY SVCS 195000 FEDERAL HALL POLICY ADVISORS LLC 1455 PENNSYLVANIA AVE NW SUITE 40 WASHINGTON DC 20004 DOMESTIC LEGISLATIVE & REGULATORY SVCS 192500 ALPINE GROUP PARTNERS LLC 500 NORTH CAPITOL ST NW SUITE 210 WASHINGTON DC 20001 DOMESTIC LEGISLATIVE & REGULATORY SVCS 192500 12 MEMBERSHIP DUES 624310 21780447 21780447 CONFERENCE REVENUE 541800 5288636 5286386 2250 27069083 895718 895718 MISCELLANEOUS 900099 5000 5000 5000 27969801 27066833 2250 900718 5000 7000974 6169823 204417 419001 627677 1669532 36183 1922208 49682 1286679 403555 560240 687225 955713 755022 2776180 330469 26242 EXCISE TAX 380981 BOARD & COMMITTEES 274110 PERSONNEL RECRUITMENT 245323 DUES & SUBSCRIPTIONS 163234 10917 26960387 12920002 7328513 10609005 19967963 845794 584308 425083 540884 3087397 1625028 1743895 1462369 5605269 5025021 32149048 34909058 3906441 5470650 10661889 11303147 7666657 7102828 22234987 23876625 X 9914061 11032433 9914061 11032433 32149048 34909058 1009414 108958 0 X X 0 1 X 1 0 MFA PAC 1301 PENNSYLVANIA AVENUE NW SUITE WASHINGTON DC 20004 521945249 0 0 1 21780447 4328544 -2104718 2223826 7809739 -5585913 PART I-C, LINE 5: MFA-PAC IS A SEPARATE SEGREGATED FUND ESTABLISHED UNDER, AND IN ACCORDANCE WITH, FEDERAL ELECTION LAW. MFA-PAC FUNDS ARE USED FOR POLITICAL PURPOSES TO SUPPORT INCUMBENT FEDERAL CONGRESSIONAL CANDIDATES OF BOTH NATIONAL PARTIES. 1631726 531274 1100452 526928 417782 109146 928743 675972 252771 1462369 SECURITY DEPOSIT 212808 ROU ASSET 4811887 DUE FROM AFFILIATE 326 5025021 LEASE LIABILITY 7102828 7102828 X 28078759 108958 108958 27969801 0 27969801 26960387 0 26960387 0 26960387 PART X, LINE 2: MFA IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. MFA'S PRIMARY UNRELATED BUSINESS ACTIVITY CONSISTS OF ADVERTISING REVENUE. THERE WAS NO SIGNIFICANT UNRELATED BUSINESS INCOME. MFA HAS FILED AN EXEMPT ORGANIZATION UNRELATED BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. EUROPE (INCLUDING ICELAND & GREENLAND) 2 7 PROGRAM SERVICE ACTIVITIES INT'L LEGISLATIVE, REGULATORY, & RESEARCH SERVICES 1459159 2 7 0 0 2 7 1459159 0 1459159 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X 1 1 X X X X 0 0 0 BRYAN CORBETT PRESIDENT & CEO 988697 0 1680000 0 4002 0 12200 0 42868 0 2727767 0 0 0 JILLIEN FLORES EVP, HEAD OF US GOVERNMENT AFFAIRS 499666 0 210000 0 509 0 12200 0 42107 0 764482 0 0 0 JENNIFER HAN EVP, CHIEF COUNSEL, HEAD REG AFFAIRS 459733 0 240000 0 912 0 12200 0 49181 0 762026 0 0 0 PETER DONOVAN EVP & MD, COO 497244 0 155000 0 8916 0 12200 0 42981 0 716341 0 0 0 NOAH THERAN GLOBAL HEAD OF COMMUNICATIONS 361883 0 125000 0 477 0 12200 0 50276 0 549836 0 0 0 BROOKE HARLOW CHIEF COMMERICAL OFFICER (THRU 12/22 412953 0 0 0 1248 0 12200 0 4727 0 431128 0 0 0 NORA RICHARDSON VICE PRESIDENT, MEMBERSHIP SERVICES 255524 0 132500 0 233 0 12200 0 13528 0 413985 0 0 0 MATTHEW DAIGLER VP, SR. COUNSEL, REGULATORY AFFAIRS 239555 0 73000 0 989 0 12153 0 996 0 326693 0 0 0 RYAN HEDGEPETH DIRECTOR, GOVERNMENT RELATIONS 256659 0 49000 0 583 0 12200 0 1838 0 320280 0 0 0 AMY D'ANNUNZIO MANAGING DRTCR, CONFERENCE & EVENTS 210458 0 83500 0 216 0 11840 0 14229 0 320243 0 0 0 ANDREW SACHER DIRECTOR OF RESEARCH 231657 0 53000 0 237 0 11368 0 1078 0 297340 0 0 0 PART I, LINE 1A FIRST CLASS AIRFARE IS PERMITTED FOR INTERNATIONAL FLIGHTS OF SIX OR MORE HOURS FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 3 MFA HAS A PROFESSIONAL EMPLOYER ORGANIZATION AGREEMENT WITH TRINET HR CORPORATION TO PROVIDE PERSONNEL, BENEFIT, AND ADMINISTRATIVE SERVICES FOR THE STAFF OF THE ORGANIZATION. MFA DOES NOT DIRECTLY EMPLOY ITS PERSONNEL; ALL SUCH SERVICES ARE PROVIDED THROUGH THE TRINET CONTRACT. TOTAL CASH PAYMENTS TO TRINET FOR THE SALARY, BENEFITS AND ADMINISTRATIVE SERVICES RENDERED FOR THE YEAR ENDED SEPTEMBER 30, 2023, EQUALED $12,306,252. FORM 990, PART VI, SECTION A, LINE 6 MFA OFFERS FIVE MEMBERSHIP CATEGORIES: FOUNDERS COUNCIL, STRATEGIC PARTNER, SUSTAINING, CAPITAL, AND BASIC. FOUNDERS COUNCIL IS COMPRISED OF PREDOMINANTLY LARGE SINGLE-MANAGER HEDGE FUNDS AND STRATEGIC PARTNER IS EXCLUSIVE TO LEADING COUNTERPARTIES AND SERVICE PROVIDERS. ALL OTHER LEVELS CONSIST OF BOTH FUND MANAGERS AND SERVICE PROVIDERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ELECTS AND APPOINTS THE INCOMING BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B LEADERSHIP COMMITTEES, INCLUDING THE EXECUTIVE COMMITTEE AND THE AUDIT AND FINANCE COMMITTEE, CAN ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED 990 IS REVIEWED BY BRYAN CORBETT, PRESIDENT & CEO, BRICE HADDEN, VICE PRESIDENT, ACCOUNTING AND FINANCE, NATALIE DEAK JAROS, SECRETARY & TREASURER, AND PETER DONOVAN, EVP & MANAGING DIRECTOR, COO, AS WELL AS THE AUDIT AND FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PART OF OUR EMPLOYEE MANUAL AND THE FORMS ARE SIGNED BY THE DIRECTORS AND EMPLOYEES ANNUALLY. THE CONFLICT OF INTEREST POLICY IS PART OF THE SEPTEMBER BOARD MEETING AGENDA, IN WHICH THE BOARD DISCUSSES THE POLICY AND MECHANISMS FOR ENFORCEMENT OF THE POLICY. IN ADDITION, THE CHAIRS OF EACH SUBSTANTIVE COMMITTEE ARE REQUIRED TO SIGN THE POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE CEO AND OTHER OFFICERS IS REVIEWED BY THE EXECUTIVE COMMITTEE. COMPENSATION OF OTHER STAFF IS REVIEWED BY THE DEPARTMENT HEADS AND THE CEO AND COO. BOTH REVIEWS USE COMPARABILITY DATA FROM THIRD PARTY SURVEYS AND OTHER PEER ASSOCIATION 990S. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. MANAGED FUNDS ASSOCIATION PAC 1301 PENNSYLVANIA AVE NW SUITE 350 WASHINGTON DC 20004 521945249 POLITICAL ACTIVITY DC 527 MFA 0 CENTER FOR ALTERNATIVE INVESTMENT EDUCATION 1301 PENNSYLVANIA AVE NW SUITE 350 WASHINGTON DC 20004 473467663 RESEARCH & EDUCATION DC 501C(3) LINE 7 MFA 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0