Compensation 990

The Medical Device Innovation Consortium

Fiscal year ending 2024. Filed on September 8, 2025.

1655 Fort Myer Drive 12th Floor
Arlington, Virginia 22209

The Medical Device Innovation Consortium (EIN: 46-1465348) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Medical Device Innovation Consortium, a 501(c)(3) charitable organization, reported compensation for 14 out of 52 total employees. Among the employees shown here, the average compensation is $354,765. The highest compensated employee at The Medical Device Innovation Consortium is Fish Andrew with fiscal year 2024 compensation of $914,419.

Revenue, expenses, and employee compensation

Revenue

$28,171,331

Expenses

$28,147,444

Employee compensation

$10,822,363
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Fish Andrew
President and Chief Executive Officer
$914,419
$832,122 from orgNo related comp$82,297 other
Mason Simon
Chief Enterprise Officer and President of NEST
$606,172
$538,575 from orgNo related comp$67,597 other
Sapiente Joseph Raymond
Chief Science and Innovation Officer
$381,571
$326,869 from orgNo related comp$54,702 other
Smith Richard
Senior Vice President, Nestcc
$352,958
$300,081 from orgNo related comp$52,877 other
Faulcon Lenwood
Chief Legal Officer
$333,819
$283,281 from orgNo related comp$50,538 other
Onorato Kara
Chief Financial and Business Officer
$328,849
$290,747 from orgNo related comp$38,102 other
Kotlarz Harry
HEAD of Patient Engagement and Evidence
$285,823
$259,677 from orgNo related comp$26,146 other
Henry Latara
Vice President Human Capital
$268,187
$231,361 from orgNo related comp$36,826 other
Velichamthotu Veetil Jithesh
HEAD of Digital Health Technology
$267,208
$218,386 from orgNo related comp$48,822 other
Maegley Corinne
Vice President Partnerships Management, NEST
$253,983
$219,076 from orgNo related comp$34,907 other
Sumner Paul L
HEAD of Manufacturing, Innovation and Quality
$253,900
$215,537 from orgNo related comp$38,363 other
Victoria Matthew R
Vice President Brand and Experience
$250,836
$201,881 from orgNo related comp$48,955 other

Non-Employee Board Members

Ami Simunovich
Director
Andrew Cleeland
Director
Chip Hance
Director
Esther Krofah
Director
Gary Johnson
Director
Jeffrey Shuren
Director
Jijo James
Director
Jim Hollingshead
Director
Jody Powell
Director
Kenneth Stein
Director
Kevin Sayer
Director
Kris Kandarpa
Director

Mission Statement

MDIC'S MISSION IS TO LEVERAGE ITS UNIQUE POSITION AS THE ONLY PUBLIC-PRIVATE PARTNERSHIP OF ITS KIND TO TRANSFORM HEALTH CARE INTO HUMAN CARE. COLLABORATING WITH OUR PARTNERS TO ADVANCE SCIENCE, WE ENABLE TRANSFORMATIONAL MEDICAL TECHNOLOGY TO SHAPE THE WORLD WE WANT TO LIVE IN AND MAKE THAT WORLD POSSIBLE BY SHORTENING THE PATH FROM INNOVATION TO SAFETY TO ACCESS.

Revisions to this organization profile

September 8, 2025:
2024 The Medical Device Innovation Consortium 990 filed
October 3, 2024:
2023 The Medical Device Innovation Consortium 990 filed
November 14, 2023:
2022 The Medical Device Innovation Consortium 990 filed

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