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Filing year 2024

THE MEDICAL DEVICE INNOVATION CONSORTIUM

Arlington, Virginia·EIN 46-1465348·NTEE H99 · Medical Research·501(c)(3)
Total revenue
$28.2M
Total assets
$11.8M
Total expenses
$28.1M
Reported officers
36
Mission

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

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.

President & CEO
Above 90th percentile
$914k
$971k
Base
$670k
Bonus
$163k
Other
Benefits
$36k
Chief Enterprise Officer and President of Nest
Key Employee
Above 90th percentile
$606k
$644k
Base
$464k
Bonus
$75k
Other
Benefits
$35k
Chief Science and Innovation Officer
Key Employee
75th to 90th percentile
$382k
$405k
Base
$290k
Bonus
$37k
Other
Benefits
$35k
Senior Vice President, Nestcc
Senior Vice President
Median to 75th percentilevs all sectors nationwide
$353k
$375k
Base
$264k
Bonus
$36k
Other
Benefits
$36k
Chief Legal Officer
Officer (Unspecified)
$334k
$354k
Base
$247k
Bonus
$36k
Other
Benefits
$36k
Chief Financial and Business Officer
75th to 90th percentile
$329k
$349k
Base
$254k
Bonus
$37k
Other
Benefits
$23k
Head of Patient Engagement and Evidence
Key Employee
Median to 75th percentile
$286k
$304k
Base
$227k
Bonus
$33k
Other
Benefits
$12k
Vice President, Human Capital
Board Vice President
Median to 75th percentile
$268k
$285k
Base
$202k
Bonus
$29k
Other
Benefits
$23k
Head of Digital Health Technology
Highest Compensated Employee
Median to 75th percentile
$267k
$284k
Base
$208k
Bonus
$10k
Other
Benefits
$36k
Vice President, Partnerships Management, Nest
Board Vice President
Median to 75th percentile
$254k
$270k
Base
$219k
Bonus
$76
Other
Benefits
$20k
Head of Manufacturing, Innovation and Quality
Highest Compensated Employee
Median to 75th percentile
$254k
$270k
Base
$205k
Bonus
$10k
Other
Benefits
$24k
Vice President, Brand and Experience
Board Vice President
Median to 75th percentile
$251k
$266k
Base
$191k
Bonus
$11k
Other
Benefits
$36k
Head, Center for Manufacturing Innovation
Highest Compensated Employee
Median to 75th percentile
$241k
$256k
Base
$184k
Bonus
$9k
Other
Benefits
$36k
Senior Director of Evaluation & Surveillance
Highest Compensated Employee
Median to 75th percentile
$228k
$242k
Base
$201k
Bonus
$86
Other
Benefits
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE MEDICAL DEVICE INNOVATION CONSORTIUM equaled 3% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2024)
3%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 13%
from 2023

From $812k in 2023 to $914k in 2024.

$812k
2023
$914k
2024
In today's dollarsEst.
Up 9% in real terms$891k to $971k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 13% from 2023 to 2024, while revenue rose 89%.

$812k in 2023 to $914k in 2024.
  • Key Employee pay rose 60% from 2023 to 2024.
  • Senior Vice President pay rose 6% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE MEDICAL DEVICE INNOVATION CONSORTIUM

What does the Chief Executive Officer of THE MEDICAL DEVICE INNOVATION CONSORTIUM earn?

In 2024, the Chief Executive Officer of THE MEDICAL DEVICE INNOVATION CONSORTIUM received $914,419 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Medical Research organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE MEDICAL DEVICE INNOVATION CONSORTIUM compare with similar nonprofits?

Compared with the same role at Medical Research organizations nationwide, the 2024 pay of the Chief Executive Officer at THE MEDICAL DEVICE INNOVATION CONSORTIUM falls in the top 10%. In 2024, the highest total compensation at THE MEDICAL DEVICE INNOVATION CONSORTIUM equaled 3% of the organization's total expenses. The median for medical research organizations is 10%.

What are THE MEDICAL DEVICE INNOVATION CONSORTIUM's revenue and expenses?

In 2024, THE MEDICAL DEVICE INNOVATION CONSORTIUM reported $28.2M in total revenue and $28.1M in total expenses on its IRS Form 990.

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