Mission
The Medical Technology Enterprise Consortium (MTEC) is a 501(c)(3) biomedical technology consortium that collaborates with government agencies under a renewable Other Transaction Agreement with the U.S. Army Medical Research and Development Command. It focuses on developing medical solutions that protect, treat, and enhance the health of both military and civilian populations.
Basic Information
Tax-Exempt
Founded in
2015
EIN
47-4960128
Total Assets
$98.28 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 4 goals
At a Glance
Platelet Technology Meeting
A meeting discussing the latest advancements in platelet technology.
2023 Annual Report Released
Highlights from MTEC’s activities and achievements in 2023.
M-Corps Showcase Webinar
Webinar showcasing key technologies and their development processes.
Impact Stats
1
Acknowledgment
MTEC Member Receives Time Magazine’s Best Invention Recognition
Recognition for a medical technology innovation developed by a MTEC member.
Continuous Monitoring
Device Impact
Sempulse Halo Provides Continuous Vital Signs Data
Development of a device that allows for non-invasive monitoring of vital signs.
1
Clinical Application
CAY001 – Intravenous Agent for Hemorrhage Control
Development of a novel intravenous agent aimed at controlling hemorrhage.
Past Events
6th Annual MTEC Membership Meeting
2023-11-20
Annual meeting to discuss advancements in military medical technologies.
Upcoming Events
M-Corps Showcase Webinar: “Speed to Data- Key Tech’s Product Development Process.”
2024-11-19
Webinar discussing speed in medical product development.
Learn MoreOur Programs
M-Corps
A program that connects small businesses with funding opportunities in military medical technology.
Learn MoreImpact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
57
30
/100
Program Expense Ratio
99.26%
20
/20
Program Revenue Growth
-8.88%
2
/20
Leverage Ratio
0.9309
4
/20
Working Capital Ratio
0.04643
2
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 1.512K | 0.00% |
| Program Services | 145.6M | 100.00% |
| Investment Income | 133 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 145.6M | 100.00% |
