Consortium Management Group Inc.

Fiscal year ending 2024. Filed on August 14, 2025.

550 Hills Drive 108b
Bedminster, New Jersey 07921

Consortium Management Group Inc. (EIN: 46-4166123) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Consortium Management Group Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 30 total employees. Among the employees shown here, the average compensation is $475,565. The highest compensated employee at Consortium Management Group Inc. is James Frankovic with fiscal year 2024 compensation of $830,656.

Revenue, expenses, and employee compensation

Revenue

$630,619,569

Expenses

$618,785,102

Employee compensation

$8,044,826
Revenue, expenses, and employee compensation over time

Mission Statement

CREATE AND MANAGE CONSORTIA COMPRISING INDUSTRY, AND ACADEMIC AND NONPROFIT RESEARCH ENTITIES; AND, THROUGH THE USE OF OTHER TRANSACTION AUTHORITY, FACILITATE COLLABORATIVE RESEARCH, DEVELOPMENT AND DEMONSTRATION OF CUTTING-EDGE TECHNOLOGIES BETWEEN CONSORTIA MEMBERS AND THE DEPARTMENT OF DEFENSE (DOD). IN DOING SO, CONSORTIUM MANAGEMENT GROUP, INC. (CMG) LESSENS THE BURDEN ON GOVERNMENT AND FULFILLS ITS MISSION TO EXPAND THE INDUSTRIAL BASE AVAILABLE TO THE GOVERNMENT BY PROVIDING A PATHWAY FOR THE DOD TO LEVERAGE COMMERCIAL INNOVATION AND INVESTMENTS IN TECHNOLOGY REQUIRED TO ACCELERATE DELIVERY OF NEW CAPABILITIES TO THE WARFIGHTER.

Revisions to this organization profile

August 14, 2025:
2024 Consortium Management Group Inc. 990 filed
March 21, 2024:
Amended (originally filed February 15, 2023)2022 Consortium Management Group Inc. 990 filed
February 15, 2024:
2023 Consortium Management Group Inc. 990 filed

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