Overview
What is Medical Device Manufacturers Association?
The Medical Device Manufacturers Association (MDMA) is a nonprofit organization situated in Washington D.C. With a team of 11 dedicated professionals, the association is committed to supporting small to medium-sized medical device manufacturers. MDMA achieves this mission by hosting informative events such as meetings, conventions, and seminars. As a non-profit entity, MDMA also provides valuable education and advocacy assistance to its member companies within the medical technology sector. This assists these companies in navigating various challenges and opportunities within their industry.
Official website here: www.medicaldevices.org
Is Medical Device Manufacturers Association legitimate?
Medical Device Manufacturers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Medical Device Manufacturers 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: $1,744,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,122,586
For more financial information, click here
Official website here: www.medicaldevices.org
What is the mission statement of Medical Device Manufacturers Association?
The Medical Device Manufacturers Association, as a non-profit organization, is dedicated to offering educational and advocacy support to companies in the medical technology sector. Its mission is to assist these businesses, particularly smaller and medium-sized ones, in navigating various industry-related issues. The association accomplishes this by organizing events such as meetings, conventions, and seminars, focused on topics that are significant to the medical device manufacturing community.
Official website here: www.medicaldevices.org
Who is the CEO of Medical Device Manufacturers Association?
Mark Leahey is the CEO of Medical Device Manufacturers Association The CEO's salary of Medical Device Manufacturers Association is $1,696,586 and their total compensation is $1,744,715.
Official website here: www.medicaldevices.org
What is the revenue of Medical Device Manufacturers Association?
Medical Device Manufacturers Association's revenue in 2023 was $7,503,898.
Official website here: www.medicaldevices.org
Who are the executives of Medical Device Manufacturers Association and what are their salaries?
The average compensation at Medical Device Manufacturers Association during 2023 was $442,482. There are 11 employees at Medical Device Manufacturers Association.
Here are 40 key members and their salaries (Medical Device Manufacturers Association's CEO's salary is $1,696,586 and their total compensation is $1,744,715):
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Official website here: www.medicaldevices.org
Where can I find the form 990 for Medical Device Manufacturers Association?
Medical Device Manufacturers Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.medicaldevices.org
Learn more at the official website: www.medicaldevices.org
Mission Statement of Medical Device Manufacturers Association
The Medical Device Manufacturers Association (MDMA), as a non-profit organization, is dedicated to extending educational and advocacy support to medical technology companies of various sizes. This association serves as a platform, hosting meetings, conventions, and seminars that focus on topics relevant to the sector. The primary objective of MDMA is to assist these businesses in navigating the complexities of the medical device industry, thereby promoting their growth and success.
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Impact
October, 2024
The Medical Device Manufacturers Association (MDMA) plays a significant role in supporting small to medium-sized medical device manufacturers through education and advocacy. By organizing meetings, conventions, and seminars, MDMA facilitates knowledge sharing and collaboration among industry stakeholders. This is crucial for fostering innovation and addressing the unique challenges faced by these manufacturers in a competitive market.
MDMA's advocacy efforts aim to influence policy decisions that affect the medical technology sector, ensuring that the voices of its members are heard in legislative discussions. This impact contributes to the overall improvement of the medical device community, promoting sustainable growth and enhancing patient care through the development of advanced medical technologies. Through its initiatives, MDMA strengthens the industry's capacity to navigate regulatory landscapes and market dynamics effectively.
This information is meant to be a general summary of Medical Device Manufacturers 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $40,991
- Program Service Revenue: $7,447,845
- Gross Receipts: $7,503,898
Assets and Liabilities:
- Total Assets: $2,742,083
- Total Liabilities: $1,956
- Net Assets: $2,740,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership dues
Revenue
$6,885,535
Annual meeting
Revenue
$176,555
Special assessments
Revenue
$140,000
Compliance seminar
Revenue
$123,505
Coverage conferences
Revenue
$101,645
Organization Details
Founding Year
1992
Principal Officer
Mark B Leahey
Website
www.medicaldevices.orgNTEE Category
Code: S41 - Community improvement
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