Advanced Medical Technology Association

Advamed

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521006053 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Advanced Medical Technology Association?

The Advanced Medical Technology Association (ADVAMED) is a Washington, D.C.-based nonprofit organization with a mission to represent medical diagnostic and device manufacturers before state and federal policymakers. ADVAMED's government affairs function advocates for ethical standards, timely patient access to safe and effective medical technologies, and economic policies that reward value creation. The organization has a workforce of approximately 100 employees and advocates on a global scale. ADVAMED's team provides information on political and policy developments, pursuing the industry's agenda to create a legal, regulatory, and economic environment conducive to advancing healthcare and ensuring patient access to the benefits of medical technology.


Official website here: www.advamed.org

What are the reviews and ratings of this charity?

The Advanced Medical Technology Association is not currently rated by Charity Navigator because it is not registered as a 501(c)(3) organization, which disqualifies it from certain evaluations such as Impact & Measurement, Culture & Community, and Leadership & Adaptability. Charity Navigator requires specific beacon scores, particularly in Accountability & Finance, to provide a rating. The lack of a rating does not inherently reflect a positive or negative view, simply that the organization has not met these specific criteria for evaluation.

Historically, Charity Navigator's assessments focused on aspects similar to today's Accountability and Finance scores. However, without available data on their total revenue, expenses, and key personnel salaries, a complete financial evaluation is not feasible at this time. The organization is independent, as indicated by its affiliation status, and any public data stems from IRS Forms 990.

No user reviews for the Advanced Medical Technology Association are available on GreatNonprofits, so any direct feedback from individuals regarding their experiences or perceptions of the organization's work is unavailable. Consequently, understanding the public sentiment towards the organization's effectiveness and impact is limited.


This AI summary has been generated from information found on Charity Navigator.

Is Advanced Medical Technology Association legitimate?

Advanced Medical Technology Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Advanced Medical Technology Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $5,446,304
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,373,886

For more financial information, click here


Official website here: www.advamed.org

What is the mission statement of Advanced Medical Technology Association?

The Advanced Medical Technology Association (Advamed) advocates for medical diagnostic and device manufacturers on a global scale, ensuring the highest ethical standards, timely patient access to safe and effective medical technologies, and economic policies that reward value creation. Advamed's government affairs function represents the industry before state and federal policymakers, governors' offices, state legislatures, the United States Congress, and relevant federal agencies. Advamed's advocacy staff and outside consultants provide information on political and policy developments and pursue the industry's agenda for a legal, regulatory, and economic environment that advances healthcare by assuring patient access to the benefits of medical technology.


Official website here: www.advamed.org

Who is the CEO of Advanced Medical Technology Association?

Scott Whitaker is the Chief Executive Officer of Advanced Medical Technology Association. The CEO's salary of Advanced Medical Technology Association is $2,203,381 and their total compensation is $2,275,364.


Official website here: www.advamed.org

What is the revenue of Advanced Medical Technology Association?

Advanced Medical Technology Association's revenue in 2022 was $47,870,561.


Official website here: www.advamed.org

Who are the executives of Advanced Medical Technology Association and what are their salaries?

The average compensation at Advanced Medical Technology Association during 2022 was $208,202. There are 100 employees and 64 volunteers at Advanced Medical Technology Association.


Here are 75 key members and their salaries (Advanced Medical Technology Association's CEO's salary is $2,203,381 and their total compensation is $2,275,364):


Scott Whitaker (Chief Executive Officer)
  • Compensation: $2,203,381
  • Related: $0
  • Other: $71,983
Christopher L White (General Counsel & Chief Policy Officer)
  • Compensation: $915,174
  • Related: $0
  • Other: $68,426
Janet Trunzo (Evp, Tech And Regulatory Affairs)
  • Compensation: $667,536
  • Related: $0
  • Other: $46,657
Greg Crist (Chief Advocacy Officer)
  • Compensation: $635,483
  • Related: $0
  • Other: $68,377
Jennifer Brearey (Chief Financial & Operating Officer)
  • Compensation: $567,670
  • Related: $0
  • Other: $68,426
Ray Briscuso (Evp, Conferences & Events)
  • Compensation: $496,769
  • Related: $0
  • Other: $59,375
Andrew Fish (Ed, Center For Digital Health)
  • Compensation: $497,296
  • Related: $0
  • Other: $51,755
Kimberly Zimmerman (Svp, Head Of Federal Government)
  • Compensation: $476,208
  • Related: $0
  • Other: $60,186
Richard Price (Svp, Payment & Health Care Delivery Policy, Head O)
  • Compensation: $419,232
  • Related: $0
  • Other: $46,656
Dechane Dorsey (Evp, Pmt & Health Care Delivery Policy)
  • Compensation: $410,270
  • Related: $0
  • Other: $46,972
Ashley Miller (Evp, Global Strategy & Analys)
  • Compensation: $286,036
  • Related: $0
  • Other: $5,204
Michael Minogue (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Arduini (Treasurer (As Of 6/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Rosebrough (Treasurer (Until 6/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mussallem (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nacho Abia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antoinette Gawin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Mcevoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brady Shirley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlton St Bernard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Simon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damien Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Carestio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Endicott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Pacitti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deepak Nath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Zacharias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoff Martha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Maliekel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Giuseppe Accogli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Clemmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan De Witte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Makela (Director (Until 3/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean-Claude Dubacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mirviss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hollingshead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joakim Weidemanis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Groetelaars (Director (Until 1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Liddicoat (Director (Until 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Rennert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Devivo (Director (Until 3/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Virgilio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Woody (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Reali (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lobo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liam Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Earnhardt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lishan Aklog (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manu Varma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Shadan (Director (Until 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Sause (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Mulvihill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Farrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lynch (Director (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadim Yared (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Fabian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Diggelmann (Director (Until 3/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Shacey Petrovic (Director (Until 6/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Wolfington (Director (Until 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Macmillan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Mason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sven Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Kapfer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mcguinness (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Polen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas West (Director (Until 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Dugan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Pope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Eisiminger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Macneal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Venk Varadan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vitor Rocha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.advamed.org

Where can I find the form 990 for Advanced Medical Technology Association?

Advanced Medical Technology Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.advamed.org

Learn more at the official website: www.advamed.org

Mission Statement of Advanced Medical Technology Association

Advanced Medical Technology Association (ADVAMED) is a powerful advocacy group that represents the interests of medical diagnostic and device manufacturers on regulatory and legislative issues. With a global reach, ADVAMED promotes the highest ethical standards in the industry, ensuring timely patient access to safe and effective medical technologies, and advocating for economic policies that reward value creation.

ADVAMED's government affairs function is instrumental in representing the industry before state and federal policymakers, governors' offices, state legislatures, the United States Congress, and relevant federal agencies. The advocacy staff and outside consultants provide valuable information on political and policy developments and pursue the industry's agenda for a legal, regulatory, and economic environment that advances healthcare by assuring patient access to the benefits of medical technology.

In simple terms, ADVAMED serves as the voice of the medical technology industry, advocating for policies that promote ethical standards, patient access, and economic growth. By advocating on behalf of its members, ADVAMED plays a crucial role in shaping the regulatory and legislative landscape for medical technology, ensuring that the industry can continue to innovate and provide life-changing technologies to patients.

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Impact




October, 2024

The Advanced Medical Technology Association (AdvaMed) plays a critical role in shaping the landscape of medical diagnostics and device manufacturing through its advocacy efforts. By representing the interests of the industry before key policymakers at both state and federal levels, AdvaMed ensures that the voices of medical technology manufacturers are heard in the legislative and regulatory arenas.

Its activities promote a legal, regulatory, and economic environment that not only supports innovation but also guarantees patient access to crucial medical technologies. This advocacy is instrumental in influencing laws and regulations that affect healthcare delivery, ensuring that advancements in medical technology translate into real-world benefits for patients.

AdvaMed also emphasizes the importance of ethical standards and value-based economic policies in the healthcare sector. This focus on integrity and value creation fosters a healthcare system that prioritizes patient safety and effective medical interventions. Ultimately, AdvaMed's impact extends beyond its immediate advocacy efforts; it contributes significantly to the improvement of community health outcomes through enhanced access to innovative medical solutions.




This information is meant to be a general summary of Advanced Medical Technology Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$47,870,561 (2022)
Expenses
$44,643,330 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $157,720
  • Program Service Revenue: $46,843,417
  • Gross Receipts: $47,870,561

Assets and Liabilities:

  • Total Assets: $41,806,177
  • Total Liabilities: $25,198,645
  • Net Assets: $16,607,532

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$39,556,990

MEETINGS & SEMINARS

Revenue

$6,255,862

ASSESSMENTS

Revenue

$1,030,565

Organization Details

Founding Year

1974

Principal Officer

Scott Whitaker

Main Address

1301 PENNSYLVANIA AVE NW 400, WASHINGTON, DC, 200042654

NTEE Category

Code: S41 - Community improvement

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