2022-11-09T14:29:23-06:00 2021-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2021-01-01 411531192 THE MEDICAL ALLEY ASSOCIATION MEDI 9525423077 4150 OLSON MEMORIAL HIGHWAY 430 GOLDEN VALLEY MN 55422 ROBERTA ANTOINE DRESSEN PRESIDENT & CEO 9525423077 2022-11-08 1 ROBERTA ANTOINE DRESSEN 999009999 DANIEL PERSAUD P01603513 6123764500 2022-11-01 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MEDICAL ALLEY ROBERTA ANTOINE DRESSEN 4150 OLSON MEMORIAL HIGHWAY 430 GOLDEN VALLEY MN 55422 3073368 0 X WWW.MEDICALALLEY.ORG X 1985 MN WE CHAMPION AND FACILITATE AN ENVIRONMENT THAT ENABLES HEALTH TECHNOLOGY AND CARE ORGANIZATIONS TO INNOVATE, SUCCEED, AND INFLUENCE THE EVOLUTION OF HEALTHCARE. 35 35 32 20 79758 47020 0 0 2117526 2974334 8682 7233 368185 91801 2494393 3073368 0 0 0 0 1738581 2126198 0 0 0 544291 910645 2282872 3036843 211521 36525 2350243 3001630 1461942 2087356 888301 914274 X WE CHAMPION AND FACILITATE AN ENVIRONMENT THAT ENABLES HEALTH TECHNOLOGY AND CARE ORGANIZATIONS TO INNOVATE, SUCCEED AND INFLUENCE THE EVOLUTION OF HEALTHCARE. 0 0 MEMBERSHIP DEVELOPMENT - FOUNDED IN 1984, THE MEDICAL ALLEY ASSOCIATION (MAA) SUPPORTS AND ADVANCES THE GLOBAL LEADERSHIP OF MEDICAL ALLEY'S HEALTH INNOVATION AND CARE COMMUNITY. WE DELIVER THE COLLECTIVE INFLUENCE, INTELLIGENCE, AND INTERACTIONS THAT SUPPORT AND HELP MEDICAL ALLEY'S WORLD-CLASS COMPANIES GROW. MEMBERS OF MAA RECEIVE ACCESS TO INNOVATIVE LEADERS FROM ACROSS HEALTHCARE, EXCLUSIVE CONTENT AND INSIGHTS, PUBLIC POLICY EXPERTISE, AND NETWORKING OPPORTUNITIES TO MEET AND COLLABORATE WITH OTHER HEALTHCARE INNOVATORS. MAA KEEPS MEMBERS AHEAD OF THE REST OF THE INDUSTRY WITH UNIQUE RESEARCH, TIMELY INTERVIEWS WITH INDUSTRY LEADERS AND INNOVATORS, AND ANALYSIS OF BOTH FINANCIAL AND POLITICAL TRENDS. TO ENSURE OUR COMMUNITY HAS THE SUPPORT IT NEEDS FROM THE PUBLIC SECTOR, MAA BRINGS THE COLLECTIVE VOICE OF TIS MEMBERS DIRECTLY TO POLICYMAKERS AT ALL LEVELS OF GOVERNMENT, WORKING WITH PUBLIC OFFICIALS TO EDUCATE THEM ON ISSUES CRITICAL TO OUR MEMBERS AND BUILD BROAD COALITIONS OF SUPPORT TO HELP ENSURE THEY HAVE THE SUPPORT THEY NEED. INDUSTRY CONFERENCES - IN ADDITION TO OUR OWN SLATE OF NETWORKING AND THOUGHT LEADERSHIP EVENTS, WE PARTNER WITH LEADING MEDIA ORGANIZATIONS TO BRING ATTENTION-GRABBING EVENTS TO MEDICAL ALLEY TO SHOWCASE THE WORK OF OUR COMMUNITY. IN 2021 WE ATTENDED AND PARTNERED ON A VARIETY OF EVENTS INCLUDING DMD, ADVAMED, MD&M, AND MEDCITY INVEST. NETWORKED EVENTS - MEDICAL ALLEY IS MADE UP OF A VIBRANT COMMUNITY OF COLLABORATORS, EXPERTS, AND PEOPLE PASSIONATE ABOUT THE FUTURE OF HEALTHCARE. WE FOSTER AN ENVIRONMENT CONDUCIVE TO THE CONTINUED CREATION OF HIGH-QUALITY MEDICAL PRODUCTS, SERVICES, AND INNOVATIVE HEALTHCARE SOLUTIONS BY CREATING TIME AND SPACE FOR BUSY PROFESSIONALS TO MEET AND COLLABORATE. OUR EDUCATION AND NETWORKING EVENTS ATTRACTED HEALTHCARE LEADERS FROM ALL OVER MEDICAL ALLEY. IN 2021 WE WERE ABLE TO HOST ONE IN-PERSON EVENT, AN ALLEY CHATS EVENT AT ALLIANZ FIELD IN SEPTEMBER. THIS EVENT ATTRACTED OVER 100 HEALTHCARE PROFESSIONALS. DUE TO COVID-19 MEDICAL ALLEY HAS CONTINUED TO BRING ATTENDEES AND THIS HEALTHCARE COMMUNITY TOGETHER THROUGH VIRTUAL GATHERINGS, WEBINARS AND PODCASTS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 32 1 1 1 0 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X STEVE GILDERSLEEVE 6122374919 4150 OLSON MEMORIAL HIGHWAY 430 GOLDEN VALLEY MN 55422 STEFFEN HOVARD INTERIM PRESIDENT AND CEO 40.00 X X 116883 0 0 JIM ROGERS BOARD CHAIR 1.00 X X 0 0 0 JODI HUBLER VICE CHAIR 1.00 X X 0 0 0 NICOLE WALKER TREASURER 1.00 X X 0 0 0 JEFF MIRVISS SECRETARY 1.00 X X 0 0 0 JERRY BEYL DIRECTOR 0.30 X 0 0 0 SHERI DODD DIRECTOR 0.30 X 0 0 0 RUSTY FIELD DIRECTOR 0.30 X 0 0 0 TIMOTHY FRISCHMON DIRECTOR 1.00 X 0 0 0 ED HEDBLOM DIRECTOR 0.30 X 0 0 0 JAMES HEREFORD DIRECTOR 1.00 X 0 0 0 JODI HUBLER DIRECTOR 0.30 X 0 0 0 LEE JONES DIRECTOR 0.30 X 0 0 0 ANN LADD DIRECTOR 0.30 X 0 0 0 TOM LINDQUIST DIRECTOR 1.00 X 0 0 0 DARREN MOQUIST DIRECTOR 0.30 X 0 0 0 KYLE ROLFING DIRECTOR 0.30 X 0 0 0 CHRIS SMITH DIRECTOR 0.30 X 0 0 0 TOM VANDERHEYDEN DIRECTOR 1.00 X 0 0 0 NICOLE WALKER DIRECTOR 0.30 X 0 0 0 JACLYN WAINWRIGHT DIRECTOR 0.30 X 0 0 0 BOBBY PATRICK VP OF STRATEGIC GROWTH & POLICY 40.00 X 196222 0 2537 FRANK JASKULKE VP OF INTELLIGENCE 40.00 X 167368 0 9258 MICHELLE HOLKER VP OF OPERATIONS 40.00 X 157493 0 11342 637966 0 23137 4 0 1 0 COLLIER'S INTERNATIONAL 700 MEADOW LANE N MINNEAPOLIS MN 55422 LANDLORD 138043 KORN FERRY PO BOX 1450 MINNEAPOLIS MN 55485 EXECUTIVE SEARCH FIRM 116974 MEDIA BRIDGE 212 3RD AVE N SUITE 140 MINNEAPOLIS MN 55401 ADVERTISING FIRM 103568 3 MEMBERSHIP DUES 561499 2390471 2390471 SPECIAL INTERESTS AND 900099 583863 583863 2974334 7233 7233 ADVERTISING 541800 79758 79758 MISCELLANEOUS REVENUE 900099 12043 12043 91801 3073368 2974334 79758 19276 X 116567 1650476 18974 183503 156678 13887 379952 167645 20437 96752 106221 18699 14696 50301 12195 DUES AND SUBSCRIPTIONS 25852 EQUIPMENT RENTAL 4008 3036843 1539362 2057955 101348 226461 136600 180334 528112 362309 198512 165803 374421 371077 2350243 3001630 152508 167065 1192703 1832743 116731 87548 1461942 2087356 X 888301 914274 888301 914274 2350243 3001630 36525 -10552 0 X X 0 1 X 1 0 0 0 0 0 0 2390471 343307 -51140 292167 358571 -66404 297509 178887 118622 128398 115100 13298 102205 68322 33883 165803 LONG TERM PORTION OF DEFERRED LEASE INCENTIVE 87548 87548 X 3062816 -10552 -10552 3073368 0 3073368 3036843 0 3036843 0 3036843 PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(6) AND IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. AS SUCH, IT IS EXEMPT FROM FEDERAL AND STATE INCOME TAX, BUT IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ON ADVERTISING BUT CURRENTLY HAS NO MATERIAL UNRELATED BUSINESS INCOME. THE ORGANIZATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION FILES AS A TAX-EXEMPT ORGANIZATION. X X 0 0 0 BOBBY PATRICK VP OF STRATEGIC GROWTH & POLICY 159794 0 30000 0 6428 0 2537 0 0 0 198759 0 0 0 FRANK JASKULKE VP OF INTELLIGENCE 153476 0 10833 0 3059 0 3025 0 6233 0 176626 0 0 0 MICHELLE HOLKER VP OF OPERATIONS 145918 0 10375 0 1200 0 2902 0 8440 0 168835 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY DESIGNATE AN EXECUTIVE COMMITTEE, THE MEMBERSHIP OF WHICH SHALL INCLUDE AT LEAST THREE (3) DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS OF THIS CORPORATION IN THE INTERVAL BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, AND SUCH OTHER POWERS AND DUTIES AS SHALL BE DESIGNATED BY THE BOARD OF DIRECTORS FROM TIME TO TIME, INCLUDING BUT NOT LIMITED TO ADVISING THE CHAIR AND CEO WITH RESPECT TO BOARD MEETING PROCEDURES AND MATERIALS, AND MAKING RECOMMENDATIONS TO THE BOARD CONCERNING FUNCTIONS, BUDGETS, MEMBERSHIP, AND OTHER MATTERS RELATING TO STANDING AND OTHER COMMITTEES, MANAGEMENT SELECTION AND DEVELOPMENT AND EXECUTIVE COMPENSATION AND PERFORMANCE EVALUATION. THE EXECUTIVE COMMITTEE SHALL AT ALL TIMES BE SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS ELECTRONICALLY DISTRIBUTED TO ALL BOARD MEMBERS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY WHICH INCLUDES A DUTY TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE. THE BOARD REVIEWS AND APPROVES ALL TRANSACTIONS THAT HAVE A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, AS DETERMINED BY THE BOARD WITHOUT THE INFLUENCE OF THE CONFLICTED INDIVIDUAL. CONFLICTED INDIVIDUALS MAY NOT VOTE, OR BE PRESENT FOR THE DISCUSSION AND VOTE, ON ANY MATTER IN WHICH A CONFLICT OF INTEREST HAS BEEN DETERMINED TO EXIST. THE MINUTES OF THE MEETING SHALL CONTAIN THE NAMES OF PERSONS PRESENT FOR DISCUSSIONS AND VOTES, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE IS CONVENED ANNUALLY BY THE BOARD OF DIRECTORS. THIS COMMITTEE INCLUDES THE BOARD CHAIRPERSON AND THE TREASURER. THE COMMITTEE WORKS WITH THE CEO AT THE BEGINNING OF THE YEAR ON A GOAL SETTING PROCESS. THE COMMITTEE THEN REVIEWS CEO PERFORMANCE AT THE END OF THE YEAR IN COMPARISON TO THOSE GOALS FOR PURPOSES OF DETERMINING BONUS ELIGIBILITY AND/OR MERIT PAY INCREASES. THE COMMITTEE PULLS CEO COMPENSATION DATA FROM OTHER SIMILAR NON-PROFIT ENTITIES TO ENSURE THE CEO'S COMPENSATION PACKAGE IS WITHIN A REASONABLE MARKET RANGE, WITH CONSIDERATION OF SIZE, LOCATION, AND BUDGET DIFFERENCES. SALARY ACTIONS ARE APPROVED BY FULL EXECUTIVE COMMITTEE AND REPORTED TO THE BOARD OF DIRECTORS. DOCUMENTATION OF DELIBERATION AND APPROVED COMPENSATION IS NOTED IN THE EMPLOYEE FILE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G FEES FOR OTHER SERVICES 379,952. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS SINCE THE PRIOR YEAR.