Media Financial Management Association in Northfield, Illinois (IL)

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Media Financial Management Association
Employer Identification Number (EIN)131984011
Name of OrganizationMedia Financial Management Association
Address550 W Frontage Rd Ste 3600, Northfield, IL 60093-1243
ActivitiesScholarships (other)
SubsectionBoard of Trade
Ruling Date03/1991
DeductibilityContributions are deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2012
Assets$100,000 to $499,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$258,262
Amount of Income$1,290,108
Form 990 Revenue Amount$1,290,108
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2012: $1,290,108 (it was $1,208,738 in 2011)
Media Financial Management Association: 

 $1,290,108
Other organizations performing similar types of work: 

 $68,730

Assets in 2012: $258,262 (it was $229,987 in 2011)
This organization: 

 $258,262
Other organizations performing similar types of work: 

 $232,450

Financial snapshot ($)

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$1,208,738
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$1,208,738
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$1,146,710
Compensation of current officers, directors, trustees, and key employees$169,929
Other salaries and wages$289,490
Payroll taxes$28,979
Professional fundraising services$0
Other$658,312
Balance Sheet (for 2011)
Total assets$229,987
Total liabilities$306,656
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$306,656
Total net assets or fund balances$-76,669
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Brazos Higher Education Authority IncPO BOX 1308, Waco, TX 76703-1308TX1980-09$258,921,911
2Great Lakes Higher Education Guaranty Corporation2401 International Ln, Madison, WI 53704-3121WI1997-02$153,543,765
3Jewell Educational Fund1050 W Bristol Rd, Flint, MI 48507-5516MI1991-06$66,038,482
4Panhandle-Plains Higher Education Authority Inc1303 23rd St, Canyon, TX 79015-5321TX1981-02$41,839,675
5Marine Corps Scholarship Foundation Inc909 N Washington St Ste 400, Alexandria, VA 22314-1555VA1995-04$35,876,493
6Brazos Higher Education Service Corporation Inc2600 Washington Ave, Waco, TX 76710-7449TX1982-11$22,749,510
7Horatio Alger Association Of Distinguished Americans Inc99 Canal Center Plz Ste 320, Alexandria, VA 22314-1588VA1952-10$17,403,222
8Cape Cod Foundation Inc259 Willow Street, Yarmouth Port, MA 02675-1762MA1995-08$8,851,777
9Access College Foundation7300 Newport Ave Ste 500, Norfolk, VA 23505-3357VA1988-06$4,790,661
10Esther Hutmacher Parriott Scholarship Farm Trust550 N Rush Street Reg Supt, Stockton, IL 61085IL1987-03$130,502
11Perkins Malo Hunter Foundation311 South Wacker Drive, Chicago, IL 60606-6627IL1997-01$7,974,916
12National Roofing Foundation10255 W Higgins Rd Ste 600, Rosemont, IL 60018-5613IL1997-01$5,180,554
13Link Unlimited2221 S State St, Chicago, IL 60616-3894IL1975-03$2,882,286
14Cna Foundation333 S Wabash Ave Corp Tax Fl 24s F, Chicago, IL 60604IL1995-10$2,085,281
15Mclaughlin Endowment Trust231 S Lasalle St, Chicago, IL 60697IL1981-08$1,831,243
16Alpha Kappa Alpha Educational Advancement Foundation Inc5656 S Stony Island Ave 3 Fl, Chicago, IL 60637-1906IL1981-03$1,763,772
17Jccc Foundation541 N Fairbanks Ct Ste 2050, Chicago, IL 60611-3735IL1991-07$1,372,447
18Media Financial Management Association550 W Frontage Rd Ste 3600, Northfield, IL 60093-1243IL1991-03$1,290,108
19North South Foundation2 Marissa Ct, Burr Ridge, IL 60527-6864IL1994-09$1,246,841
20Educational Assistance LtdPO BOX 3021, Glen Ellyn, IL 60138-3021IL1982-05$1,240,459
21Chicagoland Lutheran Educational Foundation234 N Plum Grove Rd, Palatine, IL 60067-5285IL1994-02$1,160,300
22Bloomington Central Catholic High School Foundation5420 N 550 East Rd, Heyworth, IL 61745IL1977-11$894,091
23Just The Beginning Foundation233 South Wacker Drive, Chicago, IL 60606-7147IL1994-10$754,576
24Carrie E Gross Trust231 S Lasalle St Il1 231 14 19, Chicago, IL 60697-0001IL1995-12$742,991
25Anthony F & Helen J Castle Scholarship Foundation2101 Waukegan Rd, Bannockburn, IL 60015-1836IL1995-10$689,164
26John And Frances Beck Foundation9529 Bronx Ave Apt 319, Skokie, IL 60077-1364IL1998-08$665,513
27Knights Templar Educational Fndn Of Grnd Encmpmnt Knights Templar402 E Fairview, Dekalb, IL 60115IL1952-01$646,909
28Lila Draper Burton Trust U W10 S Dearborn Il1-0117, Chicago, IL 60603-2300IL1996-03$644,982
29Naperville Education Foundation203 W Hillside Rd, Naperville, IL 60540-6589IL1992-11$554,010
30Evelyn C Carter Tr 935713060010 S Dearborn, Chicago, IL 60603-2300IL1998-01$484,083
Number of organizations performing similar types of work
Alaska14
Alabama31
Arkansas29
Arizona45
California256
Colorado47
Connecticut70
District of Columbia38
Delaware10
Florida152
Georgia80
Hawaii19
Iowa51
Idaho15
Illinois192
Indiana81
Kansas58
Kentucky50
Louisiana26
Massachusetts107
Maryland76
Maine17
Michigan138
Minnesota61
Missouri95
Mississippi11
Montana14
North Carolina79
North Dakota6
Nebraska32
New Hampshire12
New Jersey151
New Mexico17
Nevada17
New York212
Ohio202
Oklahoma35
Oregon41
Pennsylvania173
Rhode Island25
South Carolina36
South Dakota7
Tennessee44
Texas246
Utah11
Virginia138
Vermont9
Washington66
Wisconsin103
West Virginia22
Wyoming9
International5
Total3,481

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