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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Media Development Investment Fund Inc.

Media Development Investment Fund Inc.

Fiscal year ending 2023. Filed on November 15, 2024.

37 West 20th Street Suite 804
New York, New York 10011

Media Development Investment Fund Inc. (EIN: 13-4052259) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Media Development Investment Fund Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 11 total employees. Among the employees shown here, the average compensation is $207,195. The highest compensated employee at Media Development Investment Fund Inc. is Harlan Mandel with fiscal year 2023 compensation of $400,674.

Revenue, expenses, and employee compensation

Revenue

$17,721,633

Expenses

$14,856,496

Employee compensation

$5,093,169
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Harlan Mandel
Chief Executive Officer
$400,674
$311,033 No related comp$89,641
Dan Margoshes
Chief Financial Officer
$272,217
$236,366 No related comp$35,851
Elena Popovic
General Counsel and Secretary
$247,187
$195,618 No related comp$51,569
Michael Lee
Controller
$191,519
$126,762 No related comp$64,757
Patrice Schneider
Chief Strategy Officer
$190,281
$190,281 No related compNo other comp
Patricia Torres-Burd
Managing Director
$179,915
$130,146 No related comp$49,769
Meredith Moloughney
Chief of Staff
$171,830
$124,310 No related comp$47,520
Joanna Rozycka-Iwan
Chief Investment Officer
$167,378
$167,378 No related compNo other comp
Bilal Randeree
Program Director
$148,598
$136,655 No related comp$11,943
Marie Nemcova
Chief Operating Officer
$102,347
$102,347 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Adriaan Stoop
Vice Chair
Catherine Gicheru
Director
Kerstin Mogull
Director
Marc da Costa
Director
Maria-Teresa Ronderos
Director
Michael del Nin
Director
Richard Atterbury
Director
Sheila Coronel
Chair

Contractors

Cbiz Marks Paneth LLP
Accounting
$166,355

Mission Statement

MDIF PROVIDES AFFORDABLE FINANCING AND TECHNICAL ASSISTANCE TO INDEPENDENT NEWS AND INFORMATION ORGANIZATIONS IN CHALLENGING ENVIRONMENTS, HELPING THEM TO BECOME FINANCIALLY SUSTAINABLE. SEE SCHEDULE O FOR CONTINUATION.

Revisions to this organization profile

November 17, 2025:
2024 Media Development Investment Fund Inc. 990 filed
November 15, 2024:
2023 Media Development Investment Fund Inc. 990 filed
November 16, 2023:
2022 Media Development Investment Fund Inc. 990 filed

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