Consortium Management Group Inc
Cmg builds and leads agile, collaborative, and enduring consortia composed of leading companies and institutions across several verticals, including aerospace and defense, advanced manufacturing, energy, construction, and healthcare. Leveraging the power of other transaction authority (OTA), we connect these consortia with the department of defense (DOD) to enable government project sponsors to rapidly find, collaborate and contract with any member company or institution within the cmg consortium network. In doing so, cmg lessens the burden on government by expanding the industrial base and supply chain available to the DOD and providing a pathway for the DOD to leverage commercial innovation and investments in technology required to accelerate delivery of new capabilities to the warfighter.
Consortium Management Group Inc at a glance
- Total assets
- $312,993,295
- +8.0% vs 2024
- Revenue (2025)
- $1,065,202,053
- +68.9% vs 2024
- Net investment income (2025)
- $2,200,366
- +115.4% vs 2024
- Expenses (2025)
- $1,047,821,845
- +69.3% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
Who Consortium Management Group Inc funds
How this funder distributes its grants
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Consortium Management Group Inc gives
- 8% of 2021 grantees were also funded in 2020. Method
Estimate from itemized grant lists in IRS Form 990 filings (2021). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $3K (2022) to $175K (2020). In 2022 it reported $3K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SMCM Foundation St Marys City, MD | Support of STEM Workforce Development | $30,000 |
| Community Touch Inc Bealeton, VA | Pandemic Emergency Relief (Community of Interest to CMG) | $20,000 |
| Fauquier Fish Warrenton, VA | Pandemic Emergency Relief (Community of Interest to CMG) | $20,000 |
| Market Street Mission Morristown, NJ | Pandemic Emergency Relief (Community of Interest to CMG) | $15,000 |
| Cornerstone Montgomery Inc Rockville, MD | Pandemic Emergency Relief (Community of Interest to CMG) | $10,000 |
| Culpeper Food Closet Culpeper, VA | Pandemic Emergency Relief (Community of Interest to CMG) | $10,000 |
| Flanders Fire Co #1 and Rescue Squad Flanders, NJ | Pandemic Emergency Relief (Community of Interest to CMG) | $10,000 |
| Flemington Area Food Pantry Flemington, NJ | Pandemic Emergency Relief (Community of Interest to CMG) | $10,000 |
| Food Bank Network of Somerset County Bound Brook, NJ | Pandemic Emergency Relief (Community of Interest to CMG) | $10,000 |
| The Light House Inc Annapolis, MD | Pandemic Emergency Relief (Community of Interest to CMG) | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $312,993,295 | $1,065,202,053 | $1,047,821,845 | — | — | $2,200,366 |
| 2024 | $289,787,171 | $630,619,569 | $618,785,102 | — | — | $1,021,632 |
| 2023 | $192,987,946 | $555,329,477 | $544,869,000 | — | — | $373,155 |
| 2022 | $144,827,251 | $475,674,736 | $466,010,233 | $3,000 | Total only | $368,645 |
| 2021 | $109,463,417 | $533,503,830 | $521,520,738 | $168,500 | 13 | $243,476 |
| 2020 | $127,122,682 | $558,756,032 | $548,338,758 | $175,000 | 8 | $401,791 |
| 2019 | $101,550,536 | $527,616,250 | $519,641,391 | $5,000 | Total only | $49,412 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Consortium Management Group Inc
Based on IRS filings
Consortium Management Group Inc is a public charity focused on public and societal benefit, based in Bedminster, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $313.0M in total assets. Net investment income was $2.2M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Consortium Management Group Inc is led by James Frankovic, President & CEO since 2025 (on filings since 2019); 10 of 15 officers listed in 2025 are compensated.
Officers on the 2025 filing
James Frankovic
President & CEO
President & COO → CEO, 2024
CEO → President & CEO, 2025
On filings since 2019
40 hrs/week
$467K (2019) → $785K (2025)
Charles W. McBride
President
Chairman & CEO → President, 2024
On filings since 2019
35 hrs/week
$467K (2019) → $588K (2025)
Morgan Lewis
Director of Contracts
Contracts Specialist → Director of Contracts, 2024
On filings since 2021
40 hrs/week
$159K (2021) → $268K (2025)
E. Wayne Thevonot
Director
On filings since 2019
3 hrs/week
No compensation reported
J. Michael Babin
Director
On filings since 2019
3 hrs/week
No compensation reported
John F. Bagley
Director
On filings since 2019
3 hrs/week
No compensation reported
Monica Vachher
Director
On filings since 2019
3 hrs/week
No compensation reported
William C. Ellison
Director
On filings since 2020
3 hrs/week
No compensation reported
John Britton
Vice President & General Counsel
General Counsel & Compliance Officer → Gc & Compliance Officer, 2021
Gc & Compliance Officer → Vice President & General Counsel, 2024
On filings since 2019
40 hrs/week
$350K (2019) → $520K (2025)
Kimberly Blancuzzi
COO
Director of Business Dev'l & Program Management → Director of Board & Program Management, 2021
Director of Board & Program Management → COO, 2024
On filings since 2019
40 hrs/week
$231K (2019) → $517K (2025)
Mary Reinecke
CFO
Executive Vice President → Int. CFO Then CFO, 2023
Int. CFO Then CFO → CFO, 2024
On filings since 2019
40 hrs/week
$371K (2019) → $423K (2025)
Kristin Dawag
Senior Program Manager
On filings since 2020
40 hrs/week
$141K (2020) → $301K (2025)
Stephanie Baker
Project Manager
On filings since 2020
40 hrs/week
$113K (2020) → $246K (2025)
Thomas Garvey
Project Manager
On filings since 2020
40 hrs/week
$128K (2020) → $269K (2025)
Glen Davids
Controller
New on the 2025 filing
40 hrs/week
$280K (2025)
Former officers (4)
- Former: Albert Rinaldi (2023–2024) — Director of Strat. Eng.
- Former: Michelle Marsh (2019–2023) — Controller
- Former: Raymond Helms (2020–2023) — Former Key Employee
- Former: Pamela Keeton (2020) — Former Highly Compensated Employee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $785K, to James Frankovic (President & CEO). 10 officers or directors reported compensation on that filing.
Frequently asked questions about Consortium Management Group Inc
How large is Consortium Management Group Inc?
Consortium Management Group Inc reported $313.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.1B.
What is Consortium Management Group Inc?
Consortium Management Group Inc is a public charity focused on public and societal benefit, based in Bedminster, NJ. It holds $313.0M in total assets as of 2025.
Where does Consortium Management Group Inc operate?
Consortium Management Group Inc has awarded grants in District of Columbia, Georgia, Maryland, New Jersey, Virginia.
What is Consortium Management Group Inc's EIN?
Consortium Management Group Inc's EIN (Employer Identification Number) is 46-4166123. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
- Updated Form 990 for fiscal year 2020 (received by the IRS June 14, 2022)
- Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 21, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Consortium Management Group Inc funds
Public, Societal Benefit Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Consortium Management Group Inc's focus areas in our free grants database
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