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Medical Technology Enterprise Consortium

SUMMERVILLE, SC EIN: 47-4960128 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$89.2M

+12.6% YoY

Annual Giving

$480K

-61.9% YoY

Grant Count

9

-59.1% YoY

Avg Grant Size

$53K

-6.9% YoY

About Medical Technology Enterprise Consortium

Based on IRS filings

Medical Technology Enterprise Consortium is a nonprofit organization focused on Science & Technology, based in SUMMERVILLE, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $89.2M in total assets. In 2024, it awarded 9 grants totaling $480K. Net investment income was $68K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

18states
+10 more states

Cities

ArcadiaArlingtonBedfordBethesdaBostonCambridgeChevy ChaseCincinnatiClevelandGlen BurnieGrotonHoustonIrvineLexingtonLittle RockNewberryNewport BeachPhiladelphiaPittsburghPonte Vedra Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$64M$129M$193M$258M20202021202220232024
Metric202420232022
Total Assets$89,209,329$79,201,235$98,276,165
Revenue$234,472,156$210,454,199$145,585,970
Expenses$232,950,295$210,507,554$146,327,931
Qualifying Distributions
Net Investment Income$68,401$38,034$133
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$370K$740K$1M$1M0 grants20202 grants202120 grants202222 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Sense Diagnostics Inc$243KMoberg Analytics$50KPurgo Scientific$50KVistendo Inc$50KAmerican Psychiatric Ass…$37KLimax Biosciences Inc$13KMatregenix Inc$13KNIRSense LLC$13KSonogen Medical Inc$13K

Grant Size Distribution

53 grants across all recorded years

31<$50K12$50–100K8$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sense Diagnostics Inc ($242,500), Moberg Analytics ($50,000), Purgo Scientific ($50,000).

RecipientPurposeAmount
Sense Diagnostics Inc Cincinnati, OHMilitary Impact Project Award & Commercialization Grant$242,500
Moberg Analytics Philadelphia, PACommercialization Grant$50,000
Purgo Scientific S Jordan, UTCommercialization Grant$50,000
Vistendo Inc Arcadia, CACommercialization Grant$50,000
American Psychiatric Assn Foundation Washington, DCProvided a sponsorship and a scholarship$37,000
Limax Biosciences Inc Somerville, MACommercialization Grant$12,500
Matregenix Inc Commercialization Grant$12,500
NIRSense LLC Commercialization Grant$12,500
Sonogen Medical Inc Commercialization Grant$12,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Shawn J GreenChief of Strategy and Busine…$188KWilliam F EvansTreasurer$37KWilliam HowellPresident (Thru 05/2024)$30K

From 2024 filing

NameTitleHoursCompensation
Amy SalzhauerDirector0.5
Christopher HlubbDirector0.5
Dr Andrew OmidvarDirector0.5
Dr Kent KesterDirector (Thru 03/2024)0.5
Dr Pierre NoelDirector0.5
Dr Ron PoropatichDirector0.5
Dr Ross DonaldsonDirector0.5
Ellen EmbreyDirector, Board Chairperson0.5
James F Cummings MDDirector0.5
Mark D BreyenDirector (Thru 03/2024)0.5
Michael BlackDirector0.5
Michael BrownDirector0.5
Peter H SoderbergDirector0.5
Christopher T SteeleChief of Strategy and Business Development (Begin 05/2024)19
Dr Lauren PalestriniChief Science Officer11
Jill SorensenChief Development Officer (Thru 12/2024)30
Julia MartinChief Financial Officer7
Kathy ZolmanChief of Consortium Operations5
Rebecca HarmonChief Contracting/Compliance Officer3
Shawn J GreenChief of Strategy and Business Development (Thru 05/2024)/President (Begin 06/2024)18$188,430
William F EvansTreasurer3$37,250
William HowellPresident (Thru 05/2024)4$30,125

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Medical Technology Enterprise Consortium?

Medical Technology Enterprise Consortium is a nonprofit organization focused on Science & Technology, based in SUMMERVILLE, SC. It holds $89.2M in total assets as of 2024.

How large is Medical Technology Enterprise Consortium?

As of 2024, Medical Technology Enterprise Consortium holds $89.2M in total assets with $234.5M in annual revenue. It awarded 9 grants totaling $480K in 2024.

Where does Medical Technology Enterprise Consortium operate?

Medical Technology Enterprise Consortium has awarded grants in Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Illinois, Kentucky, Massachusetts, Maryland, Nevada, Ohio, Pennsylvania, Texas, Utah, Virginia, Washington.

What size grants does Medical Technology Enterprise Consortium award?

In 2024, Medical Technology Enterprise Consortium awarded 9 grants totaling $480K — an average of about $53K per grant, based on its IRS Form 990 filings.

What is Medical Technology Enterprise Consortium's EIN?

Medical Technology Enterprise Consortium's EIN (Employer Identification Number) is 47-4960128. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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