2023-08-03T09:32:56-05:00 2022-09-30 420714325 RSM US LLP 1250 H STREET SUITE 700 WASHINGTON DC 20005 990 2021-10-01 770277826 MANAGED FUNDS ASSOCIATION MANA 2027302600 1301 PENNSYLVANIA AVE NW 350 WASHINGTON DC 20004 PETER DONOVAN EVP & MANAGING DIRECTOR, COO 2027302600 2023-08-03 1 PETER DONOVAN 999009999 ELIZABETH W HELLER P00397829 2022932200 2023-08-03 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z BRYAN CORBETT 1301 PENNSYLVANIA AVE NW 350 WASHINGTON DC 20004 24366769 0 X WWW.MANAGEDFUNDS.ORG X 1991 IL THE MANAGED FUNDS ASSOCIATION (MFA) REPRESENTS THE GLOBAL ALTERNATIVE INVESTMENT INDUSTRY AND ITS INVESTORS BY ADVOCATING FOR SOUND INDUSTRY PRACTICES AND PUBLIC POLICIES THAT FOSTER EFFICIENT, TRANSPARENT, AND FAIR CAPITAL MARKETS. MFA, BASED IN WASHINGTON, DC, IS AN ADVOCACY, EDUCATION, AND COMMUNICATIONS ORGANIZATION ESTABLISHED TO ENABLE HEDGE FUND AND MANAGED FUTURES FIRMS IN THE ALTERNATIVE INVESTMENT INDUSTRY TO PARTICIPATE IN PUBLIC POLICY DISCOURSE, SHARE BEST PRACTICES AND LEARN FROM PEERS, AND COMMUNICATE THE INDUSTRY'S CONTRIBUTIONS TO THE GLOBAL ECONOMY. MFA MEMBERS HELP PENSION PLANS, UNIVERSITY ENDOWMENTS, CHARITABLE ORGANIZATIONS, QUALIFIED INDIVIDUALS AND OTHER INSTITUTIONAL INVESTORS TO DIVERSIFY THEIR INVESTMENTS, MANAGE RISK, AND GENERATE ATTRACTIVE RETURNS. MFA HAS CULTIVATED A GLOBAL MEMBERSHIP AND ACTIVELY ENGAGES WITH REGULATORS AND POLICY MAKERS IN ASIA, EUROPE, NORTH AND SOUTH AMERICA, AND ALL OTHER REGIONS WHERE MFA MEMBERS ARE MARKET PARTICIPANTS. 36 36 0 36 3750 0 0 0 21146141 24142284 25642 91015 7993 133470 21179776 24366769 0 5000 0 0 11233261 12224058 0 0 0 10345483 12956768 21578744 25185826 -398968 -819057 24735968 32149048 13863025 22234987 10872943 9914061 X THE MANAGED FUNDS ASSOCIATION (MFA) REPRESENTS THE GLOBAL ALTERNATIVE INVESTMENT INDUSTRY AND ITS INVESTORS BY ADVOCATING FOR SOUND INDUSTRY PRACTICES AND PUBLIC POLICIES THAT FOSTER EFFICIENT, TRANSPARENT, AND FAIR CAPITAL MARKETS. MFA, BASED IN WASHINGTON, DC, IS AN ADVOCACY, EDUCATION, AND COMMUNICATIONS ORGANIZATION ESTABLISHED TO ENABLE HEDGE FUND AND MANAGED FUTURES FIRMS IN THE ALTERNATIVE INVESTMENT INDUSTRY TO PARTICIPATE IN PUBLIC POLICY DISCOURSE, SHARE BEST PRACTICES AND LEARN FROM PEERS, AND COMMUNICATE THE INDUSTRY'S CONTRIBUTIONS TO THE GLOBAL ECONOMY. MFA MEMBERS HELP PENSION PLANS, UNIVERSITY ENDOWMENTS, CHARITABLE ORGANIZATIONS, QUALIFIED INDIVIDUALS AND OTHER INSTITUTIONAL INVESTORS TO DIVERSIFY THEIR INVESTMENTS, MANAGE RISK, AND GENERATE ATTRACTIVE RETURNS. MFA HAS CULTIVATED A GLOBAL MEMBERSHIP AND ACTIVELY ENGAGES WITH REGULATORS AND POLICY MAKERS IN ASIA, EUROPE, NORTH AND SOUTH AMERICA, AND ALL OTHER REGIONS WHERE MFA MEMBERS ARE MARKET PARTICIPANTS. 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 45 0 1 0 1 1 0 0 0 1 1 0 1 0 X 36 36 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 2.00 0.00 X X 0 0 0 KELLY RAU SECRETARY & TREASURER 2.00 0.00 X X 0 0 0 DARCY BRADBURY 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 SALLY DORNAUS 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 JODY GUNDERSON ELECTED DIRECTOR 2.00 0.00 X 0 0 0 JEREMY KATZ ELECTED DIRECTOR 2.00 0.00 X 0 0 0 FREDERIC LEIF ELECTED DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL MENDELSON ELECTED DIRECTOR 2.00 0.00 X 0 0 0 RORY MCGREGOR 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 ADAM PRESTANDREA 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 DEDE W WELLES ELECTED DIRECTOR 2.00 0.00 X 0 0 0 DAVID ZIRIN ELECTED DIRECTOR 2.00 0.00 X 0 0 0 PETE CHERECWICH APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 THIJS COENEN APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 JON COSSEY APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 MARCUS FRAMPTON APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 TIM GATELY APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 NATALIE HORTON 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 PHIL MCCABE APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 SCOTT MOSS APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 LOUIS MOLINARI APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 PENNY NOVICK 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 40.00 0.00 X 2491296 0 51257 BROOKE HARLOW CHIEF COMMERICAL OFFICER 40.00 0.00 X 740423 0 16237 PETER DONOVAN EVP & MD, COO 40.00 0.00 X 629670 0 52454 MICHAEL PEDRONI EVP, GLOBAL MARKETS & RESEARCH 40.00 0.00 X 521838 0 63147 JENNIFER HAN EVP, CHIEF CNSL, HEAD REG AFFAIRS 40.00 0.00 X 517790 0 57870 ANDREW LOWENTHAL EVP, HEAD GLBL POLICY (THRU 10/21) 40.00 0.00 X 506770 0 25847 JILLIEN FLORES EVP, HEAD OF US GOVERNMENT AFFAIRS 40.00 0.00 X 433873 0 49717 NOAH THERAN GLOBAL HEAD OF COMMUNICATIONS 40.00 0.00 X 396035 0 56798 ANDREW SACHER DIRECTOR OF RESEARCH 40.00 0.00 X 279645 0 12169 AMY D'ANNUNZIO VP, CONFERENCE & EVENTS 40.00 0.00 X 228926 0 21894 RYAN HEDGEPETH DIRECTOR, GOVERNMENT RELATIONS 40.00 0.00 X 223830 0 9739 BRICE HADDEN VP, ACCOUNTING & FINANCE 39.95 0.05 X 201727 0 10638 MICHAEL MBUGUA DIRECTOR, IT 40.00 0.00 X 188921 0 16175 LOUIS COSTANTINO FORMER EVP, GOVERNMENT RELATIONS 0.00 0.00 X 294014 0 3238 MARK EPLEY FORMER EVP, GENERAL COUNSEL 0.00 0.00 X 140680 0 1936 7795438 0 449116 31 1 1 0 NARRATIVE STRATEGIES LLC 1401 H STREET NW STE 750 WASHINGTON DC 20005 COMMUNICATION SVCS 2518849 FEDERAL HALL POLICY ADVISORS LLC 1455 PENN AVE NW STE 400 WASH DC 20004 DOMESTIC LEGISLATIVE & REGULATORY SVCS 245000 FIERCE GOVERNMENT RELATIONS 1155 F STREET NW STE 950 WASHINGTON DC 20004 DOMESTIC LEGISLATIVE & REGULATORY SVCS 227500 ARNOLD & PORTER KAYE SCHOLER LLP 601 MASSACHUSETTS AVE NW WASH DC 20001 DOMESTIC LEGISLATIVE & REGULATORY SVCS 200000 SULLIVAN & CROMWELL LLP 125 BROAD STREET NEW YORK NY 10004 DOMESTIC LEGISLATIVE & REGULATORY SVCS 193000 12 MEMBERSHIP DUES 624310 19370347 19370347 CONFERENCE REVENUE 541800 4771937 4768187 3750 24142284 91015 91015 MISCELLANEOUS 900099 133470 133470 133470 24366769 24138534 3750 224485 5000 6334311 4845952 168116 330847 544832 1520099 33639 3281606 34182 765282 1012660 611275 553403 779304 632200 2498981 344925 28211 EXCISE TAX 338903 PERSONNEL RECRUITMENT 274333 DUES & SUBSCRIPTIONS 96837 BOARD & COMMITTEES 83169 67759 25185826 19753263 12920002 3248830 10609005 539143 845794 414768 425083 3038454 1294559 422973 1743895 356991 5605269 24735968 32149048 3802677 3906441 10059388 10661889 960 7666657 13863025 22234987 X 10872943 9914061 10872943 9914061 24735968 32149048 -819057 -139825 0 X X 0 1 X 1 0 MFA PAC 1301 PENNSYLVANIA AVENUE NW SUITE WASHINGTON DC 20004 521945249 0 0 1 19370347 5710028 -282891 5427137 7531855 -2104718 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 397788 1233938 483416 344661 138755 923312 552110 371202 1743895 SECURITY DEPOSIT 199971 ROU ASSET 5405298 5605269 LEASE LIABILITY 7666657 7666657 X 24226944 -139825 -139825 24366769 0 24366769 25185826 0 25185826 0 25185826 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) 0 9 PROGRAM SERVICE ACTIVITIES INT'L LEGISLATIVE, REGULATORY, & RESEARCH SERVICES 746732 0 9 0 0 0 9 746732 0 746732 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X X X 1 0 0 BRYAN CORBETT PRESIDENT & CEO 989361 0 1500000 0 1935 0 11600 0 39657 0 2542553 0 0 0 BROOKE HARLOW CHIEF COMMERICAL OFFICER 403036 0 336213 0 1174 0 11600 0 4637 0 756660 0 0 0 PETER DONOVAN EVP & MD, COO 496930 0 124225 0 8515 0 11600 0 40854 0 682124 0 0 0 MICHAEL PEDRONI EVP, GLOBAL MARKETS & RESEARCH 384228 0 136788 0 822 0 11600 0 51547 0 584985 0 0 0 JENNIFER HAN EVP, CHIEF CNSL, HEAD REG AFFAIRS 385924 0 131101 0 765 0 11600 0 46270 0 575660 0 0 0 ANDREW LOWENTHAL EVP, HEAD GLBL POLICY (THRU 10/21) 454620 0 0 0 52150 0 0 0 25847 0 532617 0 0 0 JILLIEN FLORES EVP, HEAD OF US GOVERNMENT AFFAIRS 343531 0 90000 0 342 0 11600 0 38117 0 483590 0 0 0 NOAH THERAN GLOBAL HEAD OF COMMUNICATIONS 312166 0 83500 0 369 0 11600 0 45198 0 452833 0 0 0 LOUIS COSTANTINO FORMER EVP, GOVERNMENT RELATIONS 82021 0 0 0 211993 0 2980 0 258 0 297252 0 0 0 ANDREW SACHER DIRECTOR OF RESEARCH 225432 0 54000 0 213 0 11160 0 1009 0 291814 0 0 0 AMY D'ANNUNZIO VP, CONFERENCE & EVENTS 163098 0 65638 0 190 0 9226 0 12669 0 250821 0 0 0 RYAN HEDGEPETH DIRECTOR, GOVERNMENT RELATIONS 185962 0 37500 0 368 0 8924 0 815 0 233569 0 0 0 BRICE HADDEN VP, ACCOUNTING & FINANCE 161246 0 40323 0 158 0 8223 0 2416 0 212366 0 0 0 MICHAEL MBUGUA DIRECTOR, IT 150525 0 37432 0 964 0 0 0 16175 0 205096 0 0 0 MARK EPLEY FORMER EVP, GENERAL COUNSEL 36222 0 0 0 104458 0 1458 0 478 0 142616 0 0 0 PART I, LINE 4A THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAY: ANDREW LOWENTHAL - $50,000 LOUIS COSTANTINO - $211,792 MARK EPLEY - $104,320 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, 2022, EQUALED $11,224,429. 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