Meddev Group Inc
- Assets
- $50.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, MA
- Founding
- 03/2007
- Data as of
- 06/2023
- EIN
- 81-0653058
Organization Overview
Meddev Group Inc is located in Concord, MA. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meddev Group Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Meddev Group Inc generated $75.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $76.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Karg President | 5 | $0 | |
Samantha Dayton Treasurer | 2 | $0 | |
William Munger Director Of Operations And Admin | 10 | $36,000 | |
Sujit Tatke Secretary | 2 | $0 | |
Judy White Sponsoship | 2 | $0 | |
Geoff Moodie Programming | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,371 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,180 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,554 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,317 |
| Professional fees and other payments to independent contractors | $3,700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,594 |
| Total expenses | $76,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,007 |
| Other assets | $0 |
| Total assets | $50,007 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,007 |