Mef Forum
- Assets
- $1.9m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 9
- Location
- Los Angeles, CA
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 77-0574582
Organization Overview
Mef Forum is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Mef Forum employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mef Forum is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Mef Forum generated $3.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP A GLOBAL FEDERATION OF NETWORK, CLOUD AND TECHNOLOGY PROVIDERS IN ESTABLISHING DYNAMIC, ASSURED AND CERTIFIED SERVICES THAT EMPOWER ENTERPRISE DIGITAL INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A GLOBAL INDUSTRY ASSOCIATION, MEF IS DRIVING DEVELOPMENT OF A GLOBAL FEDERATION OF NETWORK, CLOUD AND TECHNOLOGY PROVIDERS SUPPORTING DYNAMIC, ASSURED AND CERTIFIED NETWORK SERVICES THAT POWER ENTERPRISE DIGITAL TRANSFORMATION. MEF PRODUCES TELECOMMUNICATION SERVICES STANDARDS, LIFECYCLE SERVICE ORCHESTRATION (LSO) FRAMEWORKS AND APIS , HOSTS PROOF OF CONCEPT SHOWCASES AND OFFERS CERTIFICATION PROGRAMS FOR SERVICES, TECHNOLOGIES AND PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stan Hubbard Sr Dir Research & Analyst Relations | 50 | $214,667 | |
Kevin Vachon COO | Officer | 50 | $228,535 |
Nan Chen Pres/director | OfficerTrustee | 10 | $0 |
Scott Mansfield Secretary/direc | OfficerTrustee | 1 | $0 |
Franck Morales Director | Trustee | 1 | $0 |
Frederick Chui Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amartus Ltd Consulting | 6/29/22 | $117,996 |
Bituza Consulting | 6/29/22 | $219,490 |
Digital Forum Consulting | 6/29/22 | $234,358 |
Tscm Llc Consulting | 6/29/22 | $302,906 |
All Around Creative Design Consulting | 6/29/22 | $134,570 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,308,875 |
| Investment income | $1,526 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $105,465 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,894,847 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $481,314 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $277,950 |
| Pension plan accruals and contributions | $10,507 |
| Other employee benefits | $16,064 |
| Payroll taxes | $66,275 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $946 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,659 |
| Travel | $28,097 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $60,688 |
| All other expenses | $0 |
| Total functional expenses | $3,868,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $447,142 |
| Savings and temporary cash investments | $1,414,734 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,861,876 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,861,876 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,861,876 |