2026-08-17T15:58:35-05:00 2025-09-30 453048812 BESTEN & DIERUF PLLC 190 MARKET STREET LEXINGTON KY 40507 990 2024-10-01 131984011 MEDIA FINANCIAL MANAGEMENT ASSOCIATION MEDI 8477167000 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 JOE ANNOTTI PRESIDENT & CEO 8477167000 2026-08-17 1 1 ANDREW H DIERUF CPA P01239897 8592544427 2024 2025-03-06 01:10:19Z JOE ANNOTTI 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 1263167 0 X WWW.MEDIAFINANCE.ORG X 1961 DC MFM PROVIDES MEDIA AND ENTERTAINMENT INDUSTRY FINANCIAL PROFESSIONALS WITH UNIQUE NETWORKING AND EDUCATIONAL OPPORTUNITIES AND MEDIA-SPECIFIC INFORMATION SERVICES TO ENHANCE THEIR PERSONAL CAPABILITIES AND CONTRIBUTE TO THEIR ORGANIZATIONS' SUCCESS. 24 24 0 250 58020 0 0 0 1262068 1149960 13 13 7710 113194 1269791 1263167 0 0 0 0 0 0 0 0 0 1105403 1674552 1105403 1674552 164388 -411385 631375 182952 321810 284772 309565 -101820 MFM PROVIDES MEDIA AND ENTERTAINMENT INDUSTRY FINANCIAL PROFESSIONALS WITH UNIQUE NETWORKING AND EDUCATIONAL OPPORTUNITIES AND MEDIA-SPECIFIC INFORMATION SERVICES TO ENHANCE THEIR PERSONAL CAPABILITIES AND CONTRIBUTE TO THEIR ORGANIZATIONS' SUCCESS. 0 0 AN ANNUAL CONVENTION OF MEMBERSHIP AND INDUSTRY PEOPLE, WITH 226 PAID ATTENDEES AND 205 ADDITIONAL ATTENDEES, COMPRISED OF SPEAKERS, SPONSORS, EXHIBITORS, AND GUESTS, PARTICIPATED IN THE 2025 CONFERENCE. THE ASSOCIATION PRODUCES AND DISTRIBUTES A WEEKLY ELECTRONIC NEWSLETTER, MFM SMARTBRIEF, TO ALL MEMBERS OF THE ORGANIZATION. THE ASSOCIATION, ON CONJUNCTION WITH MEDIAVILLAGE, PRODUCES AND DISTRIBUTES A DIGITAL MAGAZINE, MFMINSITES.COM, TO ALL MEMBERS OF THE ORGANIZATION. OTHER INDUSTRY AND MEMBERSHIP SERVICES: WEBINARS ON TOPICS RELATED SPECIFICALLY TO MEDIA AND ENTERTAINMENT INDUSTRY FINANCIAL PROFESSIONALS AND THAT OFFER CPE CREDITS MEMBER NETWORKS ORGANIZED BY FINANCIAL DISCIPLINE AND INDUSTRY SECTOR THAT FACILITATE KNOWLEDGE SHARING AND INFORMATION EXCHANGES REGIONAL MEETINGS ON INDUSTRY TRENDS AND FINANCE AND ACCOUNTING UPDATES A MEMBERSHIP DIRECTORY TO FACILITATE NETWORKING. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 4 0 1 0 1 1 0 0 0 0 0 0 0 X 24 24 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X ASSOCIATIONS INTERNATIONAL LLC 8477167000 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 X JENNA HARDY CHAIR 0.50 X X 0 0 0 ELIZABETH BETH BRAMOWSKI VICE CHAIR 0.50 X X 0 0 0 LORI BROCK SECRETARY 0.50 X X 0 0 0 SEAN HETZLER TREASURER 0.50 X X 0 0 0 JOSEPH JOE ANNOTTI PRESIDENT & CEO 40.00 X X 0 0 0 MARIE TEDESCO IMMEDIATE PAST CHAIR 0.50 X 0 0 0 STACY ALBAN DIRECTOR 0.50 X 0 0 0 FRANK ALBARELLA DIRECTOR 0.50 X 0 0 0 KARIN BLEILER DIRECTOR 0.50 X 0 0 0 VIRGINIA GINNY HERNANDEZ DIRECTOR 0.50 X 0 0 0 DAVID WURTZEL DIRECTOR 0.50 X 0 0 0 JOE HANRATTY DIRECTOR 0.50 X 0 0 0 STAN HERRIOTT DIRECTOR 0.50 X 0 0 0 VICTOR KAO DIRECTOR 0.50 X 0 0 0 RYAN LANINGA DIRECTOR 0.50 X 0 0 0 MARY MCKENNA DIRECTOR 0.50 X 0 0 0 DEBORAH NEWMAN DIRECTOR 0.50 X 0 0 0 KEVIN SCHMITZ DIRECTOR 0.50 X 0 0 0 TONYA SORRELLS DIRECTOR 0.50 X 0 0 0 KERRY COFFEY DIRECTOR 0.50 X 0 0 0 DANIEL GALLAGHER DIRECTOR 0.50 X 0 0 0 PAMELA MUDGE DIRECTOR 0.50 X 0 0 0 RANDY NEFF DIRECTOR 0.50 X 0 0 0 ROBERT PRATT DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 ASSOCIATIONS INTERNATIONAL 2365 HARRODSBURG RD A325 LEXINGTON KY 40504 717500 1 ANNUAL CONFERENCE 900099 640788 640788 MEMBERSHIP DUES & ASSE 900099 406742 406742 ADVERTISING 541800 58020 58020 SEMINARS & WORKSHOPS 611710 44410 44410 1149960 13 13 OTHER INCOME 900099 113194 113194 113194 1263167 1205134 58020 13 717500 7259 14300 30250 458655 3255 15473 400491 7225 BANK FEES 20144 1674552 252715 110834 5016 5029 362686 34788 9958 32301 1000 631375 182952 68667 15300 253143 269472 321810 284772 X 309565 -101820 309565 -101820 631375 182952 -411385 0 X X 0 1 X 1 0 0 1 0 0 X PART X, LINE 2: THE ASSOCIATION, A D.C. NONPROFIT CORPORATION, IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW, EXCEPT FOR TAXES PERTAINING TO UNRELATED BUSINESS INCOME, IF ANY. THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ASSOCIATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE REPORTING PERIODS PRESENTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION FILES FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF ILLINOIS. THE ASSOCIATION'S PREVIOUS THREE YEARS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION UTILIZES A FULL-SERVICE MANAGEMENT COMPANY WHICH IS RESPONSIBLE FOR ADMINISTERING ALL OF THE ORGANIZATION'S ACTIVITIES UNDER THE DIRECTION OF ITS VOLUNTEER BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 THE ACTIVE, ASSOCIATE AND CORPORATE MEMBERS OF THE ORGANIZATION ARE ELIGIBLE TO PARTICIPATE IN THE GOVERNANCE OF THE ORGANIZATION BY ELECTING THE GOVERNING BODY; HOWEVER, MEMBERS ARE NOT ENTITLED TO PROFITS, DUES OR FUNDS UPON DISSOLUTION. THESE MEMBERS ARE DEFINED AS FOLLOWS:(A) THE CLASS OF ACTIVE MEMBERS SHALL BE OPEN TO CONTROLLERS, CHIEF ACCOUNTANTS, AUDITORS, BUSINESS MANAGERS, HUMAN RESOURCES MANAGERS, MANAGEMENT INFORMATION SYSTEM AND DATA PROCESSING PERSONNEL, CORPORATE OFFICERS, OWNERS, GENERAL MANAGERS AND OTHER EXECUTIVES WHO PERFORM OR SUPERVISE THE COMMONLY ACCEPTED DUTIES OF FINANCIAL OFFICERS, CONTROLLERS, TREASURERS, PERSONNEL MANAGEMENT, MANAGEMENT INFORMATION SYSTEMS AND DATA PROCESSING FUNCTIONS OF BUSINESS ENTITIES WHICH OPERATE ANY MEDIA OR OTHER RELATED BUSINESSES. (B) THE CLASS OF ASSOCIATE MEMBERS SHALL BE OPEN TO INDIVIDUALS CONNECTED WITH FIRMS, CORPORATIONS, OR ORGANIZATIONS WHOSE BUSINESS, PROFESSION, OR GENERAL INTEREST IS CONCERNED WITH PRODUCTS, SERVICES, OR GOODS OF INTEREST TO THE MEDIA INDUSTRY AND WHO DO NOT QUALIFY FOR ACTIVE MEMBERSHIP. (C) THE CLASS OF CORPORATE MEMBERS SHALL BE OPEN TO ALL BUSINESS ENTITIES WHICH QUALIFY FOR MEMBERSHIP UNDER SECTIONS (A) OR (B) ABOVE. SUCH ENTITIES MAY INITIATE ALL COMPANY EMPLOYEES WHO QUALIFY FOR MEMBERSHIP UNDER SECTIONS (A) OR (B) ABOVE. FORM 990, PART VI, SECTION A, LINE 7A ACTIVE, ASSOCIATE, AND CORPORATE MEMBERS ELECT THE UPCOMING SLATE OF THE BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE AT THE ANNUAL MEETING FOR THE YEAR STARTING JULY 1. THE ANNUAL MEETING IS USUALLY HELD IN MAY AT THE ANNUAL CONFERENCE. FORM 990, PART VI, SECTION A, LINE 7B AT THE ANNUAL MEETING, ANY BYLAW CHANGES ARE APPROVED BY THE GENERAL MEMBERSHIP. ALL ARE OF EQUAL CLASS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DISTRIBUTED IN FULL IN ELECTRONIC COPY TO THE ENTIRE BOARD PRIOR TO THE MAY BOARD MEETING. THIS ACTION WAS NOTED IN THE MINUTES. THE BOARD WAS ASKED FOR COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE REQUIRED OF BOARD MEMBERS AS THEY JOIN THE BOARD FOR A THREE-YEAR TERM. AS PART OF THAT STATEMENT, MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS AND ACT AS DESCRIBED. CONFLICT OF INTEREST IS DISCUSSED ANNUALLY AT THE BOARD MEETINGS, AND IN THE EVENT A SITUATION WERE TO ARISE, THAT IS FURTHER REVIEWED BY THE BOARD AND EXECUTIVE COMMITTEE. ANY CONFLICT ISSUES WOULD BE TAKEN TO THE ASSOCIATION COUNSEL, IF NEEDED. FURTHER, THE BOARD HAS AT LEAST ONE ATTORNEY AS A MEMBER WHO SERVES AS A FIRST LINE REVIEWER IN CASE AN ISSUE ARISES. FORM 990, PART VI, SECTION B, LINE 15A AS OF OCTOBER 1, 2023, ALL STAFF, INCLUDING THE PRESIDENT, ARE EMPLOYEES OF THE MANAGEMENT COMPANY, ASSOCIATIONS INTERNATIONAL. THE MANAGEMENT COMPANY (AI), IN CONTRACT WITH THE ASSOCIATION, HAS THE FULL POWER, AUTHORITY, AND RESPONSIBILITY TO EMPLOY, TRAIN, SUPERVISE, EVALUATE, AND DISCHARGE STAFF. ALL WAGES, COMPENSATION, AND BENEFITS PROVIDED TO STAFF ARE DETERMINED BY AI AND ARE BASED ON QUALIFICATIONS AND JOB PERFORMANCE, ASSESSED ANNUALLY. AI MONITORS THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES INDUSTRY MEDIANS FOR TRADE ASSOCIATION COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 MINUTES, TAX RETURNS, AUDITED FINANCIAL STATEMENTS AND OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). FORM 990, PART XII, LINE 2C: THIS PROCESS IS UNCHANGED FROM THE PRIOR YEAR. BROADCAST CABLE CREDIT ASSOCIATION 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 CREDIT REPORTING SERVICES IL MEDIA FINANCIAL MANAGEMENT ASSOC C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0