2021-07-30T07:41:10-05:00 2020-09-30 420714325 RSM US LLP 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2019-10-01 770277826 MANAGED FUNDS ASSOCIATION MANA 2027302600 600 14TH STREET NW NO 900 WASHINGTON DC 20005 PETER DONOVAN EVP & MANAGING DIRECTOR, COO 2027302600 2021-07-30 1 ELIZABETH W HELLER P00397829 2022932200 2021-07-30 2019 2022-09-23 18:48:47Z BRYAN CORBETT 600 14TH STREET NW NO 900 WASHINGTON DC 20005 19904747 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. 34 34 0 34 41225 -2990 0 0 20334100 19466352 350131 227522 24346 210873 20708577 19904747 0 0 0 0 11269274 12539198 0 0 0 8439191 8286511 19708465 20825709 1000112 -920962 23552451 21162844 11353369 9869182 12199082 11293662 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 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 INVESTMENTS INDUSTRY AND HIGHLIGHTS THE WORK OUR MEMBERS DO TO PROVIDE RETIREMENT SECURITY FOR WORKERS, CAPITAL FOR BUSINESSES, AND INCREASED RESOURCES FOR ENDOWMENTS AND FOUNDATIONS. 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 0 0 1 45 0 1 0 1 1 0 0 0 1 1 0 1 0 X 34 34 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 600 14TH STREET NW NO 900 WASHINGTON DC 20005 RICHARD BAKER PRESIDENT & CEO (UNTIL 02/20) 40.00 0.00 X 1526295 0 11200 BROOKE HARLOW EVP & MD, CHIEF COMMERCIAL OFFICER 39.75 0.25 X 685714 0 13749 MARK EPLEY EVP & MD, GENERAL COUNSEL 40.00 0.00 X 623334 0 14839 PETER DONOVAN EVP & MD, COO 40.00 0.00 X 589753 0 35802 MICHAEL PEDRONI EVP & MD, INTERNATIONAL AFFAIRS 40.00 0.00 X 475868 0 40294 DAVID LANDERS EVP & MD, GOV AFFAIRS (UNTIL 06/20) 40.00 0.00 X 469173 0 42991 ANTHONY COLEY EVP & MD, COMM (UNTIL 02/20) 40.00 0.00 X 487699 0 20639 STUART KASWELL TERM 81518 FORMER EVP & MD, GEN COUNSEL 0.00 0.00 X 507875 0 0 LOUIS COSTANTINO EVP & MD, GOV RELATIONS 40.00 0.00 X 488457 0 11200 BENJAMIN ALLENSWORTH ASSOCIATE GENERAL COUNSEL 40.00 0.00 X 428926 0 33176 JENNIFER HAN ASSOCIATE GENERAL COUNSEL 40.00 0.00 X 392589 0 34864 CARLOTTA KING ASSOCIATE GENERAL COUNSEL 40.00 0.00 X 394621 0 18995 MATTHEW NEWELL ASSOCIATE GENERAL COUNSEL 39.90 0.10 X 369628 0 34787 LAURA HARPER-POWELL ASSOCIATE GENERAL COUNSEL 40.00 0.00 X 266666 0 21010 JONATHAN HITCHON CHAIR 2.00 0.00 X X 0 0 0 NATALIE BIRRELL VICE CHAIR 2.00 0.00 X X 0 0 0 JOE WIGGINS SECRETARY & TREASURER 2.00 0.00 X X 0 0 0 DAVID ANGSTREICH ELECTED DIRECTOR 2.00 0.00 X 0 0 0 PAMELA ARNSTEN APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 ANTOINE BABULE APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 DARCY BRADBURY ELECTED DIRECTOR 2.00 0.00 X 0 0 0 MICHEL BROGARD ELECTED DIRECTOR 2.00 0.00 X 0 0 0 HARSHAL CHAUDHARI APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 SUSANNE CLARK ELECTED DIRECTOR 2.00 0.00 X 0 0 0 THIJS COENEN APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 JODI LYNN DEVITO APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 SALLY DORNAUS ELECTED DIRECTOR 2.00 0.00 X 0 0 0 SHAWN F FAGAN ELECTED DIRECTOR 2.00 0.00 X 0 0 0 MARCUS FRAMPTON APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 ANDY GENSER ELECTED DIRECTOR 2.00 0.00 X 0 0 0 PATRICK GEORGE APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 JODY GUNDERSON ELECTED DIRECTOR 2.00 0.00 X 0 0 0 CHRISTOPHER HAYWARD ELECTED DIRECTOR 2.00 0.00 X 0 0 0 FREDERIC LEIF ELECTED DIRECTOR 2.00 0.00 X 0 0 0 EDOUARD MATITIA-COHEN APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 EAMON MCCOOEY APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 JAY B PELLER APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 ANDREW PRESTANDREA ELECTED DIRECTOR 2.00 0.00 X 0 0 0 NATHAN ROMANO ELECTED DIRECTOR 2.00 0.00 X 0 0 0 JIM ROWEN ELECTED DIRECTOR 2.00 0.00 X 0 0 0 MARC ROTHERNBERG APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 KIM ROZMAN ELECTED DIRECTOR 2.00 0.00 X 0 0 0 PETER SALVAGE APPOINTED 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 DANIEL F SPIES APPOINTED DIRECTOR 2.00 0.00 X 0 0 0 DEDE W WELLES ELECTED DIRECTOR 2.00 0.00 X 0 0 0 KIRK WICKMAN ELECTED DIRECTOR 2.00 0.00 X 0 0 0 BRYAN CORBETT PRESIDENT & CEO (START 01/20) 40.00 0.00 X 0 0 0 NOAH THERAN EVP & MD, GLOBAL HEAD OF COMM 40.00 0.00 X 0 0 0 7706598 0 333546 25 1 1 0 GLOBAL STRATEGY GROUP LLC 215 PARK AVENUE SOUTH 15TH FL NEW YORK NY 10003 COMMUNICATION SERVICES 296860 SIDLEY AUSTIN LLP WOOLGATE EXCHANGE 25 BASINGHALL STH LONDON ENGLAND UK EC2V 5HA DOMESTIC & INTERNATIONAL LEGAL SERVICES 294004 WASHINGTON COUNCIL ERNST & YOUNG 101 PENNSYLVANIA AVE NW STE 601 N WASHINGTON DC 20004 DOMESTIC LEGISLATIVE & REGULATORY SERVIC 275460 FIERCE GOVERNMENT RELATIONS 1155 F STREET NW STE 950 WASHINGTON DC 20004 DOMESTIC LEGISLATIVE & REGULATORY SERVIC 245000 HEIDRICK & STRUGGLES INC 1133 PAYSPHERE CIRCLE CHICAGO IL 60674 EXECUTIVE RECRUITER SERVICES 243582 14 MEMBERSHIP DUES 624310 14482841 14482841 CONFERENCE REVENUE 541800 4983511 4942286 41225 19466352 227522 227522 MISCELLANEOUS 900099 210873 210873 210873 19904747 19425127 41225 438395 6938820 4682730 123929 305582 488137 928893 28650 1189829 30766 1430921 303157 387644 1219157 211793 1858290 328979 26806 EXCISE TAX 106148 DUES & SUBSCRIPTIONS 95464 BOARD & COMMITTEES 66982 PRINTING & PUBLICATIONS 44785 28247 20825709 7593141 11917686 14255039 7520581 499793 642416 447084 484321 3449832 2851992 757394 597840 23552451 21162844 3501347 3612494 7852022 6256688 11353369 9869182 X 12199082 11293662 12199082 11293662 23552451 21162844 -920962 15542 0 X X 0 1 X 1 0 MFA PAC 600 14TH ST NW SUITE 900 WASHINGTON DC 20005 521945249 0 0 1 14482841 3354539 -1490000 1864539 3073835 -1209296 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. 1867698 1537140 330558 671147 631032 40115 910987 683820 227167 597840 X 19920289 15542 15542 19904747 0 19904747 20825709 0 20825709 0 20825709 PART X, LINE 2: THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO MATERIAL TAX POSITIONS REQUIRING RECOGNITION, MEASUREMENT OR DISCLOSURE ON THE CONSOLIDATED STATEMENTS OF ACTIVITIES OF THE ORGANIZATION FOR THE YEARS ENDED SEPTEMBER 30, 2020 AND 2019. EUROPE (INCLUDING ICELAND & GREENLAND) 0 6 PROGRAM SERVICE ACTIVITIES INT'L LEGISLATIVE & REGULATORY SERVICE 740729 0 6 0 0 0 6 740729 0 740729 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X X X 1 0 0 RICHARD BAKER PRESIDENT & CEO (UNTIL 02/20) 1500000 0 0 0 26295 0 11200 0 2750 0 1540245 0 0 0 BROOKE HARLOW EVP & MD, CHIEF COMMERCIAL OFFICER 397501 0 285000 0 3213 0 11200 0 8948 0 705862 0 0 0 MARK EPLEY EVP & MD, GENERAL COUNSEL 496572 0 125000 0 1762 0 11200 0 6572 0 641106 0 0 0 PETER DONOVAN EVP & MD, COO 495167 0 90000 0 4586 0 11200 0 31027 0 631980 0 0 0 MICHAEL PEDRONI EVP & MD, INTERNATIONAL AFFAIRS 359490 0 115000 0 1378 0 11200 0 34913 0 521981 0 0 0 DAVID LANDERS EVP & MD, GOV AFFAIRS (UNTIL 06/20) 374034 0 90000 0 5139 0 11200 0 36479 0 516852 0 0 0 ANTHONY COLEY EVP & MD, COMM (UNTIL 02/20) 377729 0 108750 0 1220 0 11200 0 13446 0 512345 0 0 0 STUART KASWELL TERM 81518 FORMER EVP & MD, GEN COUNSEL 0 0 0 0 507875 0 0 0 0 0 507875 0 0 0 LOUIS COSTANTINO EVP & MD, GOV RELATIONS 389792 0 95000 0 3665 0 11200 0 5408 0 505065 0 0 0 BENJAMIN ALLENSWORTH ASSOCIATE GENERAL COUNSEL 315490 0 111017 0 2419 0 11200 0 31286 0 471412 0 0 0 JENNIFER HAN ASSOCIATE GENERAL COUNSEL 275785 0 114377 0 2427 0 11200 0 33710 0 437499 0 0 0 CARLOTTA KING ASSOCIATE GENERAL COUNSEL 290911 0 101335 0 2375 0 11200 0 10753 0 416574 0 0 0 MATTHEW NEWELL ASSOCIATE GENERAL COUNSEL 275680 0 92843 0 1105 0 11200 0 33671 0 414499 0 0 0 LAURA HARPER-POWELL ASSOCIATE GENERAL COUNSEL 263649 0 0 0 3017 0 10871 0 16675 0 294212 0 0 0 PART I, LINE 4A THE FOLLOWING INDIVIDUAL RECEIVED A SEVERANCE PAYMENT: STUART KASWELL - $507,875 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, 2020, EQUALED $11,323,428. 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, JOE WIGGINS, 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. 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 600 14TH STREET NW SUITE 900 WASHINGTON DC 20005 521945249 POLITICAL ACTIVITY DC 527 MFA 0 CENTER FOR ALTERNATIVE INVESTMENT EDUCATION 600 14TH STREET NW SUITE 900 WASHINGTON DC 20005 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