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Filing year 2024

THE MEDICAL DEVICE INNOVATION CONSORTIUM

Arlington, Virginia·EIN 46-1465348·NTEE H99 · Medical Research·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 · Schedule J · 14 reported individuals · Filing year 2024

$914k
$971k
Base
$670k
Bonus
$163k
Other
Benefits
$36k
Chief Enterprise Officer and President of Nest
key employee
$606k
$644k
Base
$464k
Bonus
$75k
Other
Benefits
$35k
Chief Science and Innovation Officer
key employee
$382k
$405k
Base
$290k
Bonus
$37k
Other
Benefits
$35k
Senior Vice President, Nestcc
senior vice president
$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
$329k
$349k
Base
$254k
Bonus
$37k
Other
Benefits
$23k
Head of Patient Engagement and Evidence
key employee
$286k
$304k
Base
$227k
Bonus
$33k
Other
Benefits
$12k
Vice President, Human Capital
vice president
$268k
$285k
Base
$202k
Bonus
$29k
Other
Benefits
$23k
Head of Digital Health Technology
highest compensated employee
$267k
$284k
Base
$208k
Bonus
$10k
Other
Benefits
$36k
Vice President, Partnerships Management, Nest
vice president
$254k
$270k
Base
$219k
Bonus
$76
Other
Benefits
$20k
Head of Manufacturing, Innovation and Quality
highest compensated employee
$254k
$270k
Base
$205k
Bonus
$10k
Other
Benefits
$24k
Vice President, Brand and Experience
vice president
$251k
$266k
Base
$191k
Bonus
$11k
Other
Benefits
$36k
Head, Center for Manufacturing Innovation
highest compensated employee
$241k
$256k
Base
$184k
Bonus
$9k
Other
Benefits
$36k
Senior Director of Evaluation & Surveillance
highest compensated employee
$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

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.

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

Revenue and expenses over time

THE MEDICAL DEVICE INNOVATION CONSORTIUM reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.9M
$15.6M
2023
$28.2M
$28.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Medical Research executives earn

Comparable medical research organizations nationwide pay their highest-earning executive a median of $114,840.

25th percentile
$40k
Median
$114,840
75th percentile
$234k
90th percentile
$424k

These are medical research sector-wide figures, not this organization's reported pay. Based on 283 organizations across 283 filings (2021 – 2023).

See full Medical Research compensation data
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