Medtech Association Inc

Organization Overview

Medtech Association Inc is located in Syracuse, NY. The organization was established in 2005. According to its NTEE Classification (H03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Medical Research and related organizations. As of 06/2021, Medtech Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medtech Association Inc 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 06/2021, Medtech Association Inc generated $356.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $315.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP COLLABORATIVE BILATERAL AND MULTILATERAL RELATIONSHIPS WITHIN THE NEW YORK BUSINESS COMMUNITY TO FURTHER GROWTH OF MEDICAL TECHNOLOGY COMPANIES, AS WELL AS DEVELOPERS OF ENABLING TECHNOLOGIES AND SERVICES, THROUGH AN ORGANIZED NETWORKING AND INFORMATION SHARING STRUCTURE

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES MEMBERS WITH NETWORKING OPPORTUNITIES, EDUCATIONAL SEMINARS, AND PERIODIC UPDATES ON EVENTS THAT EFFECT THE MEDICAL TECHNOLOGY INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Winthrop Thurlow
Executive Director
$136,620
Jeff Champagne
Vice Chair
$0
Jim Leggett
Treasurer
$0
Sarah Oliker
Chairman
$0
Kathi Durdon
Secretary
$0
Ben Burton
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$63,200
Investment income $1
Tax Exempt Bond Proceeds $0
Royalties $0
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 $356,371

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Medtech Association Inc has recieved totaling $10,500.

Awarding OrganizationAmount
Pharmaceutical Research And Manufacturers Of America

Washington, DC

PURPOSE: GENERAL CONTRIBUTION

$10,500
View Grant Recipient Profile

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