Medical Device Manufactures Association
- Assets
- $2.7m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 11
- Location
- Washington, DC
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 52-1802000
Organization Overview
Medical Device Manufactures Association is located in Washington, DC. The organization was established in 1998. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Medical Device Manufactures Association employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medical Device Manufactures Association 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 12/2022, Medical Device Manufactures Association generated $6.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $6.4m during the year ending 12/2022. While expenses have increased by 9.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
MDMA IS A NON-PROFIT ASSOCIATION THAT PROVIDES EDUCATION AND ADVOCACY ASSISTANCE TO MEDICAL TECHNOLOGY COMPANIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION HOLDS MEETINGS, CONVENTIONS, AND SEMINARS ON MATTERS OF INTEREST TO SMALL TO MEDIUM-SIZED MEDICAL DEVICE MANUFACTURERS.
THE ASSOCIATION LOBBIES ON MATTERS OF INTEREST TO SMALL TO MEDIUM-SIZED MEDICAL DEVICE MANUFACTURERS.
THE ASSOCIATION PUBLISHES A MONTHLY NEWSLETTER, A GENERAL BROCHURE AND OTHER DOCUMENTS THAT FEATURE MATTERS OF INTEREST TO SMALL TO MEDIUM-SIZED MEDICAL DEVICE MANUFACTURERS.
THE ASSOCIATION HAS CREATED AND MAINTAINS A WEBSITE THAT FEATURES INFORMATION ON MATTERS OF INTEREST TO SMALL TO MEDIUM-SIZED MEDICAL DEVICE MANUFACTURERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Trigg Chairman | OfficerTrustee | 1 | $0 |
Jeff Mccaulley Immediate Past Chairman | OfficerTrustee | 1 | $0 |
James Allen Director | Trustee | 1 | $0 |
Ian Bell Director | Trustee | 1 | $0 |
Victoria Carr-Brendel Director | Trustee | 1 | $0 |
Michael Carrel Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Federal Group Inc Consulting | 12/30/20 | $178,000 |
The Mcmanus Group Lobbying | 12/30/20 | $130,000 |
O'rourke & Associates Llc Consulting | 12/30/20 | $104,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,544,060 |
| Investment income | $3,339 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,648 |
| 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 | $6,549,047 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $1,618,061 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,792,214 |
| Pension plan accruals and contributions | $50,603 |
| Other employee benefits | $91,539 |
| Payroll taxes | $148,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $115,513 |
| Fees for services: Accounting | $3,238 |
| Fees for services: Lobbying | $495,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $466,550 |
| Advertising and promotion | $16,246 |
| Office expenses | $28,961 |
| Information technology | $24,767 |
| Royalties | $0 |
| Occupancy | $156,944 |
| Travel | $37,652 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $181,442 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,841 |
| All other expenses | $0 |
| Total functional expenses | $6,413,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,204,107 |
| Savings and temporary cash investments | $1,523,872 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,104 |
| Total assets | $2,742,083 |
| 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 | $1,956 |
| Total liabilities | $1,956 |
| Net assets without donor restrictions | $2,740,127 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,742,083 |