The Medical Device Innovation Consortium

Medical research organization based in Arlington, VA. 53 employees. Exempt under §501(c)(3).

MissionBREAK DOWN BARRIERS IN THE MEDICAL TECHNOLOGY LIFE CYCLE TO ACCELERATE INNOVATION AND ADOPTION OF SAFE, EFFECTIVE AND HIGH-QUALITY MEDICAL TECHNOLOGIES.

Financial snapshot · TY 2023

$14.9M
Total revenue
$15.6M
Total expenses
$11.9M
Net assets

Financial health · TY 2023

38
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-0.6 months of expenses
Program efficiency
51
70.5% spent on programs
Revenue diversity
89
Mix of program fees, grants & contributions

Leadership compensation

Andrew Fish
PRESIDENT & CEO
$812,498
97th percentile vs. peers
Simon Mason
PRESIDENT, NESTCC
$378,269
93th percentile vs. peers
Joseph Sapiente
SVP, SCIENCE & TECH
$331,509
93th percentile vs. peers
Lenwood Faulcon
GENERAL COUNSEL
$317,569
83th percentile vs. peers
Richard Smith
SVP, NESTCC
$315,518
93th percentile vs. peers

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