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Managed Funds Association

  • Washington, DC
  • Tax-exempt since April 1994
  • EIN: 77-0277826

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$24.4M (2022)

Expenses
$25.2M (2022)

Total Assets
$32.1M (2022)

Total Liabilities
$22.2M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,366,769
Expenses
$25,185,826
Net Income
-$819,057
Net Assets
$9,914,061
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,142,284
99.1%
Investment Income $91,015
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $133,470
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,334,311
25.2%
Professional Fundraising Fees $0
Other Salaries and Wages $4,845,952
19.2%
Assets/Debt
Total Assets $32,149,048
Total Liabilities $22,234,987
Net Assets $9,914,061
Compensation
Key Employees and Officers Compensation Related Other
Bryan Corbett (President & Ceo) $2,491,296 $0 $51,257
Brooke Harlow (Chief Commerical Officer) $740,423 $0 $16,237
Peter Donovan (Evp & Md, Coo) $629,670 $0 $52,454
Michael Pedroni (Evp, Global Markets & Research) $521,838 $0 $63,147
Jennifer Han (Evp, Chief Cnsl, Head Reg Affairs) $517,790 $0 $57,870
Andrew Lowenthal (Evp, Head Glbl Policy (Thru 10/21)) $506,770 $0 $25,847
Jillien Flores (Evp, Head Of Us Government Affairs) $433,873 $0 $49,717
Noah Theran (Global Head Of Communications) $396,035 $0 $56,798
Louis Costantino (Former Evp, Government Relations) $294,014 $0 $3,238
Andrew Sacher (Director Of Research) $279,645 $0 $12,169
Amy D'annunzio (Vp, Conference & Events) $228,926 $0 $21,894
Ryan Hedgepeth (Director, Government Relations) $223,830 $0 $9,739
Brice Hadden (Vp, Accounting & Finance) $201,727 $0 $10,638
Michael Mbugua (Director, It) $188,921 $0 $16,175
Mark Epley (Former Evp, General Counsel) $140,680 $0 $1,936
Natalie Birrell (Chair) $0 $0 $0
Jim Rowen (Vice Chair) $0 $0 $0
Kelly Rau (Secretary & Treasurer) $0 $0 $0
Darcy Bradbury (Elected Director) $0 $0 $0
Susanne Clark (Elected Director) $0 $0 $0
Julia Dailey (Elected Director) $0 $0 $0
Bruce Darringer (Elected Director) $0 $0 $0
Sally Dornaus (Elected Director) $0 $0 $0
Eric Epstein (Elected Director) $0 $0 $0
Shawn Fagan (Elected Director) $0 $0 $0
See filing for compensation of 26 other people →
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Document Links

990
Filed on Aug. 3, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,179,776
Expenses
$21,578,744
Net Income
-$398,968
Net Assets
$10,872,943
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,146,141
99.8%
Investment Income $25,642
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,993
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,276,971
29.1%
Professional Fundraising Fees $0
Other Salaries and Wages $4,106,157
19.0%
Assets/Debt
Total Assets $24,735,968
Total Liabilities $13,863,025
Net Assets $10,872,943
Compensation
Key Employees and Officers Compensation Related Other
Richard Baker Term 22020 (Former President & Ceo) $940,770 $0 $11,400
Bryan Corbett (President & Ceo) $940,390 $0 $32,823
Brooke Harlow (Evp & Md, Chief Commercial Officer) $740,943 $0 $14,110
Mark Epley (Evp & Md, Gnrl Counsl (Thru 2/21)) $659,997 $0 $13,256
Peter Donovan (Evp & Md, Coo) $624,529 $0 $37,485
Michael Pedroni (Evp & Md, International Affairs) $515,503 $0 $42,087
Louis Costantino (Evp & Md, Gov Rltns (Thru 2/21)) $495,990 $0 $11,400
Benjamin Allensworth (Associate General Counsel) $459,360 $0 $34,612
Jennifer Han (Associate General Counsel) $458,432 $0 $37,485
David Landers Term 6920 (Former Evp & Md, Gov Relations) $369,010 $0 $22,228
Matthew Newell (Associate General Counsel) $292,340 $0 $17,407
Noah Theran (Evp & Md, Head Of Global Comm) $276,313 $0 $22,357
Carlotta King (Associate General Counsel) $275,968 $0 $9,775
Amy D'annunzio (Vp, Conference & Events) $240,745 $0 $17,265
Anthony Coley Term 22020 (Former Evp & Md, Comm) $214,851 $0 $3,515
Andrew Lowenthal (Evp & Md, Head Of Global Policy) $50,477 $0 $1,659
Jonathan Hitchon (Chair) $0 $0 $0
Natalie Birrell (Vice Chair) $0 $0 $0
Joe Wiggins (Secretary & Treasurer) $0 $0 $0
David Angstreich (Elected Director) $0 $0 $0
Darcy Bradbury (Elected Director) $0 $0 $0
Harshal Chaudhari (Appointed Director) $0 $0 $0
Peter Cherecwich (Appointed Director) $0 $0 $0
Susanne Clark (Elected Director) $0 $0 $0
Thijs Coenen (Appointed Director) $0 $0 $0
See filing for compensation of 25 other people →
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990
Filed on Aug. 4, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,904,747
Expenses
$20,825,709
Net Income
-$920,962
Net Assets
$11,293,662
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,466,352
97.8%
Investment Income $227,522
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $210,873
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,938,820
33.3%
Professional Fundraising Fees $0
Other Salaries and Wages $4,682,730
22.5%
Assets/Debt
Total Assets $21,162,844
Total Liabilities $9,869,182
Net Assets $11,293,662
Compensation
Key Employees and Officers Compensation Related Other
Richard Baker (President & Ceo (Until 02/20)) $1,526,295 $0 $11,200
Brooke Harlow (Evp & Md, Chief Commercial Officer) $685,714 $0 $13,749
Mark Epley (Evp & Md, General Counsel) $623,334 $0 $14,839
Peter Donovan (Evp & Md, Coo) $589,753 $0 $35,802
Stuart Kaswell Term 81518 (Former Evp & Md, Gen Counsel) $507,875 $0 $0
Louis Costantino (Evp & Md, Gov Relations) $488,457 $0 $11,200
Anthony Coley (Evp & Md, Comm (Until 02/20)) $487,699 $0 $20,639
Michael Pedroni (Evp & Md, International Affairs) $475,868 $0 $40,294
David Landers (Evp & Md, Gov Affairs (Until 06/20)) $469,173 $0 $42,991
Benjamin Allensworth (Associate General Counsel) $428,926 $0 $33,176
Carlotta King (Associate General Counsel) $394,621 $0 $18,995
Jennifer Han (Associate General Counsel) $392,589 $0 $34,864
Matthew Newell (Associate General Counsel) $369,628 $0 $34,787
Laura Harper Powell (Associate General Counsel) $266,666 $0 $21,010
Jonathan Hitchon (Chair) $0 $0 $0
Natalie Birrell (Vice Chair) $0 $0 $0
Joe Wiggins (Secretary & Treasurer) $0 $0 $0
David Angstreich (Elected Director) $0 $0 $0
Pamela Arnsten (Appointed Director) $0 $0 $0
Antoine Babule (Appointed Director) $0 $0 $0
Darcy Bradbury (Elected Director) $0 $0 $0
Michel Brogard (Elected Director) $0 $0 $0
Harshal Chaudhari (Appointed Director) $0 $0 $0
Susanne Clark (Elected Director) $0 $0 $0
Thijs Coenen (Appointed Director) $0 $0 $0
See filing for compensation of 25 other people →
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Document Links

990
Filed on July 30, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,708,577
Expenses
$19,708,465
Net Income
$1,000,112
Net Assets
$12,199,082
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,334,100
98.2%
Investment Income $350,131
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $24,346
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,003,364
30.5%
Professional Fundraising Fees $0
Other Salaries and Wages $4,510,151
22.9%
Assets/Debt
Total Assets $23,552,451
Total Liabilities $11,353,369
Net Assets $12,199,082
Compensation
Key Employees and Officers Compensation Related Other
Richard Baker (President & Ceo) $2,028,657 $0 $11,000
Stuart Kaswell (Evp & Mng Dir, Gc (Til 8/15/18)) $893,479 $0 $11,000
D Brooke Harlow (Evp & Managing Director, Chief Commercial Officer) $659,799 $0 $13,575
Peter Donovan (Evp & Managing Director, Coo) $584,527 $0 $34,409
Louis Costantino (Evp & Managing Director, Government Relations) $483,209 $0 $11,000
Anthony Coley (Evp & Managing Director, Communications) $482,280 $0 $20,623
David Landers (Evp & Managing Director, Government Relations) $464,804 $0 $40,992
Michael Pedroni (Evp & Managing Director, Int'l Affairs) $461,449 $0 $38,364
Laura Harper Powell (Associate General Counsel) $401,270 $0 $20,324
Benjamin Allensworth (Associate General Counsel) $390,022 $0 $31,849
Carlotta King (Associate General Counsel) $389,770 $0 $18,428
Jennifer Han (Associate General Counsel) $379,184 $0 $34,136
Matthew Newell (Associate General Counsel) $365,960 $0 $33,338
Michael S Harris (Chair) $0 $0 $0
Jonathan Hitchon (Vice Chair) $0 $0 $0
Joe Wiggins (Secretary & Treasurer) $0 $0 $0
David Angstreich (Elected Director) $0 $0 $0
Pamela Arnsten (Appointed Director) $0 $0 $0
Natalie Birrell (Elected Director) $0 $0 $0
Darcy Bradbury (Elected Director) $0 $0 $0
Eric Burl (Elected Director) $0 $0 $0
Whitney A Chatterjee (Appointed Director) $0 $0 $0
Harshal Chaudhari (Appointed Director) $0 $0 $0
Natalie Deak Jaros (Appointed Director) $0 $0 $0
Jodi Lynn Devito (Appointed Director) $0 $0 $0
See filing for compensation of 14 other people →
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990
Filed on Aug. 13, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,181,477
Expenses
$19,137,706
Net Income
$1,043,771
Net Assets
$11,154,681
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,966,849
98.9%
Investment Income $210,982
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,646
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $7,339,832
38.4%
Professional Fundraising Fees $0
Other Salaries and Wages $4,029,067
21.1%
Assets/Debt
Total Assets $21,702,855
Total Liabilities $10,548,174
Net Assets $11,154,681

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending April
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,336,288
Expenses
$19,274,607
Net Income
$1,061,681
Net Assets
$10,125,571
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,220,792
99.4%
Investment Income $99,086
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,410
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $5,753,817
29.9%
Professional Fundraising Fees $0
Other Salaries and Wages $5,005,740
26.0%
Assets/Debt
Total Assets $19,431,170
Total Liabilities $9,305,599
Net Assets $10,125,571

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,197,823
Expenses
$20,195,507
Net Income
$1,002,316
Net Assets
$9,065,344
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,143,480
99.7%
Investment Income $53,543
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $800
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,277,684
31.1%
Professional Fundraising Fees $0
Other Salaries and Wages $5,078,501
25.1%
Assets/Debt
Total Assets $23,359,387
Total Liabilities $14,294,043
Net Assets $9,065,344

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,090,567
Expenses
$20,378,790
Net Income
$711,777
Net Assets
$8,084,133
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,067,710
99.9%
Investment Income $26,091
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$6,057
Net Inventory Sales $0
Other Revenue $2,823
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,043,436
29.7%
Professional Fundraising Fees $0
Other Salaries and Wages $4,659,232
22.9%
Assets/Debt
Total Assets $20,613,686
Total Liabilities $12,529,553
Net Assets $8,084,133

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,819,425
Expenses
$18,839,902
Net Income
$979,523
Net Assets
$7,376,034
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,806,542
99.9%
Investment Income $27,577
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$14,994
Net Inventory Sales $0
Other Revenue $300
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $5,697,782
30.2%
Professional Fundraising Fees $0
Other Salaries and Wages $4,292,455
22.8%
Assets/Debt
Total Assets $20,227,491
Total Liabilities $12,851,457
Net Assets $7,376,034

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,971,582
Expenses
$18,886,995
Net Income
$84,587
Net Assets
$6,395,617
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,942,593
99.8%
Investment Income $51,487
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$22,498
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $5,602,865
29.7%
Professional Fundraising Fees $0
Other Salaries and Wages $4,182,144
22.1%
Assets/Debt
Total Assets $17,276,601
Total Liabilities $10,880,984
Net Assets $6,395,617

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,876,583
Expenses
$18,934,572
Net Income
$942,011
Net Assets
$6,310,348
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,796,771
99.6%
Investment Income $46,443
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $27,037
0.1%
Sales of Assets -$91
Net Inventory Sales $0
Other Revenue $6,423
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $5,473,495
28.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,987,913
21.1%
Assets/Debt
Total Assets $18,315,449
Total Liabilities $12,005,101
Net Assets $6,310,348

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,652,187
Expenses
$18,060,040
Net Income
$1,592,147
Net Assets
$5,366,264
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,563,676
99.5%
Investment Income $50,551
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $33,933
0.2%
Sales of Assets -$13,987
Net Inventory Sales $0
Other Revenue $18,014
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $5,253,609
29.1%
Professional Fundraising Fees $0
Other Salaries and Wages $3,810,676
21.1%
Assets/Debt
Total Assets $16,527,796
Total Liabilities $11,161,532
Net Assets $5,366,264

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated