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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$289.8M
+50.2% YoY
Revenue
$630.6M
+13.6% YoY
Net Investment Income
$1.0M
+173.8% YoY
Expenses
$618.8M
+13.6% YoY
About Consortium Management Group Inc
Based on IRS filings
Consortium Management Group Inc is a nonprofit organization focused on Public, Societal Benefit, based in BEDMINSTER, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $289.8M in total assets. Net investment income was $1.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $289,787,171 | $192,987,946 | $144,188,048 |
| Revenue | $630,619,569 | $555,329,477 | $475,035,533 |
| Expenses | $618,785,102 | $544,869,000 | $466,010,233 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,021,632 | $373,155 | $368,645 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES MCBRIDE | PRESIDENT | 35 | $682,296 |
| J MICHAEL BABIN | DIRECTOR | 3 | — |
| JOHN F BAGLEY | DIRECTOR (SEE SCHED O) | 3 | — |
| MONICA VACHHER | DIRECTOR | 3 | — |
| E WAYNE THEVONOT | DIRECTOR | 3 | — |
| WILLIAM C ELLISON | DIRECTOR | 3 | — |
| JAMES FRANKOVIC | CEO | 40 | $754,729 |
| JOHN BRITTON | VP AND GENERAL COUNSEL | 40 | $497,871 |
| MARY REINECKE | CFO (UNTIL 9/2024) | 40 | $485,352 |
| KIMBERLY BLANCUZZI | COO | 40 | $464,820 |
| KRISTIN DAWAG | SR. PROGRAM MANAGER | 40 | $278,023 |
| ALBERT RINALDI | DIR. OF STRAT. ENG. (UNTIL 11/23) | 40 | $255,443 |
| THOMAS GARVEY | PROJECT MANAGER | 40 | $244,776 |
| STEPHANIE BAKER | PROJECT MANAGER | 40 | $220,498 |
| MORGAN LEWIS | DIR. OF CONTRACTS | 40 | $215,014 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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