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Nonprofit · EIN 47-4960128

MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM

Also known as MTEC

Tax-exempt · N BETHESDA, MD 20852

Financials

$210.5M$210.5M2023$234.5M$233M2024
Revenue Expenses · by fiscal year end
Financials of MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$234,472,156$232,950,295$1,521,861$89,209,329$80,411,832$8,797,497
December 31, 2023990$210,454,199$210,507,554-$53,355$79,201,235$72,143,867$7,057,368
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$500
Program service revenue
$234,268,255
Investment income
$68,401
Other revenue
$135,000

Expenses

Grants and similar amounts paid
$980,254
Compensation of officers, directors and key employees
$251,145
Salaries, compensation and benefits (total)
$251,145
Professional fundraising fees
$0
Accounting fees
$57,017
Travel
$43,406
Program services (functional)
$231,105,641
Management and general (functional)
$1,844,654

Balance sheet and other

Total assets, start of year
$79,201,235
Total assets, end of year
$89,209,329
Total liabilities, end of year
$80,411,832
Net assets, end of year
$8,797,497
Publicly traded securities
$4,269,963
Net assets without donor restrictions
$8,797,497
Gross receipts
$234,472,156
Employees
0
Volunteers
13
Year formed
2015
State of legal domicile
SC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Shawn J GreenChief of Strategy and Business Development (Thru 05/2024)/President (Begin 06/2024)
Officer
18$188,430
William F EvansTreasurer
Officer
3$37,250
William HowellPresident (Thru 05/2024)
Officer
4$30,125
Amy SalzhauerDirector
Trustee or director
0.5$0
Christopher HlubbDirector
Trustee or director
0.5$0
Dr Andrew OmidvarDirector
Trustee or director
0.5$0
Dr Kent KesterDirector (Thru 03/2024)
Trustee or director
0.5$0
Dr Pierre NoelDirector
Trustee or director
0.5$0
Dr Ron PoropatichDirector
Trustee or director
0.5$0
Dr Ross DonaldsonDirector
Trustee or director
0.5$0
Ellen EmbreyDirector, Board Chairperson
Trustee or director
0.5$0
James F Cummings MDDirector
Trustee or director
0.5$0
Mark D BreyenDirector (Thru 03/2024)
Trustee or director
0.5$0
Michael BlackDirector
Trustee or director
0.5$0
Michael BrownDirector
Trustee or director
0.5$0
7 more people on this return
NameTitleHours / weekCompensation
Peter H SoderbergDirector
Trustee or director
0.5$0
Christopher T SteeleChief of Strategy and Business Development (Begin 05/2024)
Officer
19$0
Dr Lauren PalestriniChief Science Officer
Officer
11$0
Jill SorensenChief Development Officer (Thru 12/2024)
Officer
30$0
Julia MartinChief Financial Officer
Officer
7$0
Kathy ZolmanChief of Consortium Operations
Officer
5$0
Rebecca HarmonChief Contracting/Compliance Officer
Officer
3$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensation
Jill SorensenChief Development Officer
Officer
30$188,417
William HowellPresident
Officer
9$63,250
William F EvansTreasurer
Officer
2$30,500
Shawn GreenChief of Strat. & Bus. Dev.
Officer
7$29,590
Amy SalzhauerDirector
Trustee or director
0.5$6,625
Mark D BreyenDirector
Trustee or director
0.5$2,250
Ellen EmbreyDirector, Board Chairperson
Trustee or director
0.5$0
Edward Steiner Thru 72023Director
Trustee or director
0.5$0
Walter Auch Jr Thru 72023Director
Trustee or director
0.5$0
Christopher HlubbDirector
Trustee or director
0.5$0
Dr Ross DonaldsonDirector
Trustee or director
0.5$0
Michael BrownDirector
Trustee or director
0.5$0
Dr Kent KesterDirector
Trustee or director
0.5$0
Dr Pierre NoelDirector
Trustee or director
0.5$0
Dr Ron PoropatichDirector
Trustee or director
0.5$0
Dr Andrew OmidvarDirector
Trustee or director
0.5$0
Peter H SoderbergDirector
Trustee or director
0.5$0
Julia MartinChief Financial Officer
Officer
6$0
Kathy ZolmanChief of Consortium Operations
Officer
3$0
Dr Lauren PalestriniChief Scientific Officer
Officer
8$0
Rebecca Harmon Began 12023Chief Contract/Compl Officer
Officer
4$0
Cynthia Locklear Thru 12023Chief Contract/Compl Officer
Officer
6$0

Address and contacts

Address (IRS master file)
909 ROSE AVE STE 400, N BETHESDA, MD 20852-8758
In care of
% JULIA A MARTIN
Mailing address (990-N for 2015)
315 Sigma Drive, Summerville SC 29486
Principal officer (990 for 2024)
SHAWN GREEN, 315 SIGMA DRIVE, SUMMERVILLE, SC 294867790
Principal officer (990-N for 2015)
Lester Martinez-Lopez, 1307 Delamere Court, Varico FL 33596
Signed the 990
WILLIAM F EVANS, TREASURER
Phone
(843) 760-4500
Return prepared by
BDO USA

Mission

TO ASSIST THE UNITED STATES ARMY MEDICAL RESEARCH AND DEVELOPMENT COMMAND AND OTHER FUNDING SPONSORS BY PROVIDING CUTTING-EDGE TECHNOLOGIES AND EFFECTIVE MATERIEL LIFE-CYCLE MANAGEMENT TO TRANSITION MEDICAL SOLUTIONS THAT PROTECT, TREAT AND OPTIMIZE THE HEALTH AND PERFORMANCE OF US SERVICE MEMBERS ACROSS THE FULL SPECTRUM OF MILITARY OPERATIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO FACILITATE COLLABORATION AMONG GOVERNMENT AGENCIES, INDUSTRY AND ACADEMIA IN ORDER TO IDENTIFY AND TRANSITION CUTTING-EDGE TECHNOLOGIES FOR USE IN MEDICAL SOLUTIONS THAT PROTECT, TREAT, AND OPTIMIZE HEALTH FOR MILITARY MEMBERS.
    Expenses $231,105,641 · grants $980,254 · revenue $234,403,255

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-4960128
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$89,209,329
Income (IRS master file)
$234,472,156

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$234,472,156$232,950,295$89,209,329XML
990December 2023$210,454,199$210,507,554$79,201,235XML
990December 2022$145,585,970$146,327,931$98,276,165IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2015
Officer: Lester Martinez-Lopez
December 31, 2015≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4960128).

Questions about MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM

What is the EIN of MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM?
The employer identification number (EIN) of MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM is 47-4960128.
Is MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM?
The 990 for the year ended December 31, 2024 names SHAWN GREEN.
Who are the officers and directors of MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM?
The 990 for the year ended December 31, 2024 lists 22 people; 3 received compensation from the organization, the highest $188,430 (Shawn J Green, Chief of Strategy and Business Development (Thru 05/2024)/President (Begin 06/2024)).
How much revenue does MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $234,472,156, expenses of $232,950,295 and total assets of $89,209,329 at year end.

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