Mission
BREAK DOWN BARRIERS IN THE MEDICAL TECHNOLOGY LIFE CYCLE TO ACCELERATE INNOVATION AND ADOPTION OF SAFE, EFFECTIVE AND HIGH-QUALITY MEDICAL TECHNOLOGIES.
Public Charity
THE MEDICAL DEVICE INNOVATION CONSORTIUM
Based in ARLINGTON, VA, THE MEDICAL DEVICE INNOVATION CONSORTIUM operates as a Public Charity. The organization reported $28.2M in revenue, $28.1M in expenses, $11.8M in total assets for fiscal year 2024. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $3.5M.
EIN: 461465348
ARLINGTON, VA
Medical Research N.E.C.
NTEE: H99
Latest filing: 2024
Total Revenue$28.2M
Total Expenses$28.1M
Total Assets$11.8M
Grant Records4
Funding Total$3.5M
Filing Years2019–2024
Where $100 goes at The Medical Device Innovation Consortium
How The Medical Device Innovation Consortium divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$79
Programs
the work itself
$21
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $79 for programs
$52
National evaluation system for health technology coordinating center:the national evaluation system for health technology (nest) is an initiative of mdic which serves as a catalyst in establishing functional…
$22
Science and technology:science and technology's focus involves developing tools and methods to enhance efficiency (in terms of time and resources), quality, design, manufacturing, and a predictable pathway in…
$3
Health economics and patient value:mdic's value-based healthcare projects are developed to improve the industry's ability to real world evidence and include patient perspectives in the development, pre-market approval…
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
$500,000
HEALTH
$1,001,000
$1,000,000
HEALTH
$1,000,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
DIRECTOR
Ami Simunovich
DIRECTOR
Andrew Cleeland
DIRECTOR
Chip Hance
HEAD, CENTER FOR MANUFACTURING INNOVATION
Culotta Maryellen Culotta
DIRECTOR
Esther Krofah
CHIEF LEGAL OFFICER
Faulcon Lenwood
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $28.2M | $28.1M | $11.8M |
| 2023 | $14.9M | $15.6M | $11.9M |
| 2022 | $10.7M | $14.2M | $11.5M |
| 2020 | $21.4M | $19.6M | $6.4M |
| 2019 | $7.6M | $7.7M | $4.1M |
Between 2019 and 2024, reported annual revenue grew from $7.6M to $28.2M (+272%), with total assets most recently reported at $11.8M.
Interactive year-over-year charts and full filing details available with membership.