2022-05-12T16:16:49-05:00 2021-06-30 910189318 MOSS ADAMS LLP 999 THIRD AVENUE SUITE 2800 SEATTLE WA 98104 990 2020-07-01 134142147 MERCHANT RISK COUNCIL MERC 2063642789 600 STEWART ST NO 720 SEATTLE WA 981011227 JULIE FERGERSON CHIEF EXECUTIVE OFFICER 2063642789 2022-05-05 1 JULIE FERGERSON 999009999 EMINA O CRESSWELL CPA P01217304 2063026500 2022-05-05 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MRC JULIE FERGERSON 600 STEWART ST NO 720 SEATTLE WA 981011227 3889563 0 X WWW.MERCHANTRISKCOUNCIL.ORG X 2000 NY TRADE ASSOCIATION FOCUSED ON MAKING ELECTRONIC COMMERCE MORE SAFE, EFFICIENT, AND PROFITABLE. 9 9 18 41 0 0 0 0 3529796 3888726 60985 837 0 0 3590781 3889563 0 0 0 0 1810945 2251018 0 0 0 2640125 1708440 4451070 3959458 -860289 -69895 7545593 6892922 3931105 3348329 3614488 3544593 X MERCHANT RISK COUNCIL IS A MERCHANT-LED TRADE ASSOCIATION FOCUSED ON UNITING ONLINE RETAILERS, CARD COMPANIES, LAW ENFORCEMENT AGENCIES AND SOLUTION PROVIDERS TO MAKE ELECTRONIC COMMERCE MORE SAFE, EFFICIENT AND PROFITABLE. WE LEAD INDUSTRY NETWORKING, EDUCATIONAL PROGRAMS, BENCHMARKING AND ADVOCACY PROGRAMS THAT INVOLVE ALL OF OUR CONSTITUENTS GLOBALLY. 0 0 MERCHANT RISK COUNCIL (MRC) HOSTED THEIR ANNUAL E-COMMERCE PAYMENTS AND RISK CONFERENCE VIRTUALLY, DUE TO THE PANDEMIC. THIS CONFERENCE WELCOMED LEADERS AND PROFESSIONALS FROM AROUND THE WORLD; ALL COLLABORATING TO IMPROVE ELECTRONIC COMMERCE AND MAKE ONLINE TRANSACTIONS MORE EFFICIENT, SAFE, AND PROFITABLE. IN ADDITION, MRC PROVIDED NUMEROUS WEBINARS AND OTHER EDUCATIONAL OPPORTUNITIES FOR MEMBERS, INCLUDING NETWORKING EVENTS IN THE AMERICAS, EUROPE, AND APAC. IT COORDINATED INDUSTRY BENCHMARKING STUDIES IN ITS PRINCIPAL SUBJECT AREAS OF FRAUD, PAYMENTS, AND SECURITY, AS WELL AS SURVEYS ON HOT ISSUES DURING THE YEAR. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 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 1 1 0 1 11 0 1 18 1 0 1 EI 0 0 1 1 0 0 0 X 9 9 0 1 0 0 1 1 0 1 1 0 0 0 1 0 0 1 1 0 0 0 X JULIE LYNCH 2069573121 600 STEWART ST SUITE 720 SEATTLE WA 98101 TREVOR NIES CHAIR 4.00 X X 0 0 0 TINA VAN BRUNT TREASURER 2.00 X X 0 0 0 DEBBI ABOOD SECRETARY 2.00 X X 0 0 0 JASON PAVONA BOARD MEMBER 2.00 X 0 0 0 LEE CLIFTON BOARD MEMBER 2.00 X 0 0 0 JEFF WIXTED BOARD MEMBER 2.00 X 0 0 0 DAVID REDMOND BOARD MEMBER 2.00 X 0 0 0 CARMEN HONACKER BOARD MEMBER 2.00 X 0 0 0 ANDRE MACHICAO BOARD MEMBER 2.00 X 0 0 0 PETER BAYLEY THRU 221 BOARD MEMBER 2.00 X 0 0 0 SUZAN SNODGRASS GLOBAL DIRECTOR OF FINANCE & OPS. 40.00 X 196886 0 18649 JULIE FERGERSON CHIEF EXECUTIVE OFFICER 40.00 X 147898 0 11158 JULIE LYNCH CONTROLLER 40.00 X 0 0 0 MARKUS BERGTHALER GLOBAL DIRECTOR OF PROGRAMS 40.00 X 189155 0 24498 JEANETTE KIEFFER DIRECTOR, EVENTS AND MEMBERSHIP 40.00 X 125285 0 17261 JARED CSAR MEMBERSHIP MANAGER 40.00 X 120123 0 13202 MICHAEL SPLICHAL US PROGRAM MANAGER 40.00 X 115958 0 13256 895305 0 98024 6 0 1 0 SOUND PLANNING MEETING AND EVENTS 16212 BOTHELL EVERETT HWY F173 MILL CREEK WA 98012 EVENT PLANNING 191850 BELWEATHER CORPORATION 18521 E QUEEN CREEK RD QUEEN CREEK AZ 85142 EVENT PRODUCTION AND COORDINATION 152180 CVENT INC PO BOX 822699 PHILADELPHIA PA 19182 MEETING REGISTRATION SAAS AND HOSTING 121888 INTRADO DIGITAL MEDIA LLC PO BOX 74007143 CHICAGO IL 60674 VIRTUAL MEETING WEBCASTING 105654 4 MEMBERSHIP DUES 611710 2626585 2626585 CONFERENCE REVENUE 611430 1118959 1118959 ONLINE TRAINING PROGRA 900099 107228 107228 OTHER REVENUE 900099 35954 35954 3888726 837 837 3889563 3888726 0 837 X 526623 1355764 47616 147759 173256 28202 105563 587603 95251 73447 299772 83171 4982 353586 16721 16759 EUROPEAN ADMIN EXPENSE 16138 B&O 13535 RECOGNITION 10178 3532 3959458 1323585 1436950 4607893 4611059 886270 209381 686911 585570 252484 219646 23866 32838 17068 17124 7545593 6892922 531897 475183 3123115 2300091 276093 573055 3931105 3348329 X 3614488 3544593 3614488 3544593 7545593 6892922 -69895 0 X 0 1 X 1 0 1 1 0 103992 71154 32838 148492 148492 0 32838 X PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(6), ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAX IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ASSOCIATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN TAX EXPENSE. AS OF JUNE 30, 2021, THE ASSOCIATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. THE ASSOCIATION FILES INCOME TAX RETURNS WITH THE U.S. GOVERNMENT. THE ASSOCIATION'S WHOLLY OWNED SUBSIDIARY, MRC FRAUD & PAYMENTS EU LIMITED, IS A TAXABLE ENTITY UNDER THE LAWS OF IRELAND. AS OF JUNE 30, 2021 AND 2020, NO PROVISION FOR TAXES UNDER THE LAWS OF IRELAND IS NECESSARY FOR THE SUBSIDIARY. EUROPE (INCLUDING ICELAND & GREENLAND) 1 4 PROGRAM SERVICES EUROPEAN MANAGEMENT 486345 EUROPE (INCLUDING ICELAND & GREENLAND) 1 4 PROGRAM SERVICES CONFERENCE 29724 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES APAC MANAGEMENT 22019 2 10 0 0 2 10 538088 0 538088 0 0 1 0 0 0 PART I, LINE 3: THE AMOUNT ON PART I, LINE 3, COLUMN (F) REPRESENTS ACTUAL EXPENDITURES IN THE REGION. PART III ACCOUNTING METHOD: X X 0 0 0 SUZAN SNODGRASS GLOBAL DIRECTOR OF FINANCE & OPS. 169586 0 25500 0 1800 0 8551 0 10098 0 215535 0 0 0 JULIE FERGERSON CHIEF EXECUTIVE OFFICER 147148 0 0 0 750 0 7344 0 3814 0 159056 0 0 0 MARKUS BERGTHALER GLOBAL DIRECTOR OF PROGRAMS 161855 0 25500 0 1800 0 8551 0 15947 0 213653 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 CURRENT CEO WAS HIRED AS A SHORT TERM CONSULTANT AFTER PREVIOUS CEO LEFT. SHE ULTIMATELY TRANSITIONED TO A FULL TIME EMPLOYEE. FORM 990, PART VI, SECTION A, LINE 6 AS A MEMBERSHIP ORGANIZATION, MRC HAS MULTIPLE LEVELS OF MEMBERSHIP. CURRENT BYLAWS STATE THAT ONLY THE PLATINUM CLASS MERCHANT MEMBERS MAY VOTE ON MATTERS THAT THE BOARD DESIGNATES AS VOTING MATTERS. OTHER CLASSES OF MEMBERS DO NOT HAVE THE RIGHT TO VOTE ON MATTERS THAT THE BOARD DESIGNATES AS VOTING MEMBERS, HOWEVER, ALL CLASSES OF MEMBERS MAY INFLUENCE THE DIRECTION OF THE CORPORATION THROUGH INVOLVEMENT WITH THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A PLATINUM CLASS MERCHANT MEMBERS MAY VOTE ON MATTERS THAT THE BOARD DESIGNATES AS VOTING MATTERS, AND WILL VOTE THROUGH AN INDIVIDUAL OR INDIVIDUALS EMPLOYED BY OR AFFILIATED WITH THE PLATINUM CLASS MERCHANT MEMBER AND SPECIFICALLY PERMITTED TO VOTE ON BEHALF OF THE PLATINUM CLASS MERCHANT MEMBER IN THE PLATINUM CLASS MERCHANT MEMBER AGREEMENT ("VOTER"). OTHER CLASSES OF MEMBERS DO NOT HAVE THE RIGHT TO VOTE ON MATTERS THAT THE BOARD DESIGNATES AS VOTING MATTERS, HOWEVER, ALL CLASSES OF MEMBERS MAY INFLUENCE THE DIRECTION OF THE CORPORATION THROUGH INVOLVEMENT WITH THE BOARD, THE BOARD COMMITTEES OR SUBCOMMITTEES AND SHALL BE CONSIDERED "BONA FIDE" FOR PURPOSES OF THESE BYLAWS AND SECTION 501(C)(6) OF THE CODE AND THE TREASURY REGULATIONS THEREUNDER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE FINANCE AND AUDIT COMMITTEE FOR REVIEW AND APPROVAL BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES THE CEO'S SALARY AND DOCUMENTS THE DECISION BEFORE ANY PAYMENT IS MADE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES 587,603. MERCHANT RISK COUNCIL FOUNDATION 1809 7TH AVE SUITE 1403 SEATTLE WA 98101 261110551 DORMANT WA 501(C)(3) LINE 7 0 MRC FRAUD & PAYMENTS EU LIMITED SUITE 403 1/3 BURTON HALL PARK BUR SANDYFORD DUBLIN EI MEMBERSHIP SERVICES EI MERCHANT RISK COUNCIL C 10204 203633 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 MRC FRAUD & PAYMENTS EU LIMITED M 556070 FAIR MARKET VALUE MRC FRAUD & PAYMENTS EU LIMITED P 556070 FAIR MARKET VALUE