Public Charity

CONSORTIUM MANAGEMENT GROUP INC

CONSORTIUM MANAGEMENT GROUP INC is a nonprofit organization categorized as Public Charity based in BEDMINSTER, NJ. Its most recent IRS filing (2024) reports revenue of $630.6M, expenses of $618.8M, total assets of $289.8M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $800K.

EIN: 464166123 BEDMINSTER, NJ Latest filing: 2024
Total Revenue$630.6M
Total Expenses$618.8M
Total Assets$289.8M
Grant Records1
Funding Total$800K
Filing Years2020–2024

Mission

CREATE AND MANAGE CONSORTIA COMPRISING INDUSTRY, AND ACADEMIC AND NONPROFIT RESEARCH ENTITIES; AND, THROUGH THE USE OF OTHER TRANSACTION AUTHORITY, FACILITATE COLLABORATIVE RESEARCH, DEVELOPMENT AND DEMONSTRATION OF CUTTING-EDGE TECHNOLOGIES BETWEEN CONSORTIA MEMBERS AND THE DEPARTMENT OF DEFENSE (DOD). IN DOING SO, CONSORTIUM MANAGEMENT GROUP, INC. (CMG) LESSENS THE BURDEN ON GOVERNMENT AND FULFILLS ITS MISSION TO EXPAND THE INDUSTRIAL BASE AVAILABLE TO THE GOVERNMENT BY PROVIDING A PATHWAY FOR THE DOD TO LEVERAGE COMMERCIAL INNOVATION AND INVESTMENTS IN TECHNOLOGY REQUIRED TO ACCELERATE DELIVERY OF NEW CAPABILITIES TO THE WARFIGHTER.

Officers & Directors

DIR. OF STRAT. ENG. (UNTIL 11/23) Albert Rinaldi
PRESIDENT Charles Mcbride
DIRECTOR E Wayne Thevonot
CEO James Frankovic
DIRECTOR J Michael Babin
VP AND GENERAL COUNSEL John Britton

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$800,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $630.6M $618.8M $289.8M
2023 $555.3M $544.9M $193.0M
2022 $475.0M $466.0M $144.2M
2021 $533.5M $521.5M $109.5M
2020 $551.5M $541.3M $140.7M

Between 2020 and 2024, reported annual revenue grew from $551.5M to $630.6M (+14%), with total assets most recently reported at $289.8M.

Interactive year-over-year charts and full filing details available with membership.

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