Civic Intelligence

Greater Memphis Medical Device

EIN 47-1555557 • 501(c)6 • Bartlett, TN

Profile

The mission of the greater memphis medical device council (gmmdc)is to create a successful collaboration among biomedical companies to identify shared employee development needs. This industry led initiative will guide an educational structure to effectively close the respective skills gap for all levels of biomedical careers.

2969 Elmore Park RdBartlett, TN 38134

gmmdc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.11x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

77th percentile

0.10x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

84th percentile

23%

Higher net margin than 84% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

81st percentile

22%

Faster asset growth than 81% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

74th percentile

16%

Faster revenue growth than 74% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$103,498

Up $18,701 (+22%) from 2024

Liabilities

Down

$11,468

Down $8,156 (-42%) from 2024

Net Assets

$92,030

No earlier filing loaded for comparison.

Revenue

Up

$116,137

Up $16,124 (+16%) from 2024

Expenses

Down

$89,280

Down $12,697 (-12%) from 2024

Net Income

Up

$26,857

Up $28,821 (+1467%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2015: $0Net Assets 2015: $02015Assets 2016: $48,534Net Assets 2016: $48,5342016Assets 2017: $32,032Liabilities 2017: $12,8112017Assets 2018: $39,115Liabilities 2018: $16,707Net Assets 2018: $22,4082018Assets 2019: $11,627Liabilities 2019: $20,914Net Assets 2019: -$9,2872019Assets 2020: $35,821Liabilities 2020: $13,7572020Assets 2021: $18,733Liabilities 2021: $36,1322021Assets 2022: $7,475Liabilities 2022: $13,757Net Assets 2022: -$6,2822022Assets 2023: $86,218Liabilities 2023: $19,081Net Assets 2023: $67,1372023Assets 2024: $84,797Liabilities 2024: $19,6242024Assets 2025: $103,498Liabilities 2025: $11,468Net Assets 2025: $92,0302025

Highlighted filing

2025

Assets$103,498
Liabilities$11,468
Net Assets$92,030

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2016: $58,737Expenses 2016: $10,203Net Income 2016: $48,5342016Revenue 2017: $64,130Expenses 2017: $93,443Net Income 2017: -$29,3132017Revenue 2018: $182,267Expenses 2018: $179,081Net Income 2018: $3,1862018Revenue 2019: $148,805Expenses 2019: $180,500Net Income 2019: -$31,6952019Revenue 2020: $169,696Expenses 2020: $138,344Net Income 2020: $31,3522020Revenue 2021: $96,703Expenses 2021: $136,165Net Income 2021: -$39,4622021Revenue 2022: $50,774Expenses 2022: $39,657Net Income 2022: $11,1172022Revenue 2023: $107,560Expenses 2023: $34,141Net Income 2023: $73,4192023Revenue 2024: $100,013Expenses 2024: $101,977Net Income 2024: -$1,9642024Revenue 2025: $116,137Expenses 2025: $89,280Net Income 2025: $26,8572025

Highlighted filing

2025

Revenue$116,137
Expenses$89,280
Net Income$26,857

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 10, 2025
Return Version
2024v5.0
Gross Receipts
$116,137
Mission and Program Overview

Mission

The mission of the greater memphis medical device council (gmmdc)is to create a successful collaboration among biomedical companies to identify shared employee development needs. This industry led initiative will guide an educational structure to effectively close the respective skills gap for all levels of biomedical careers.

Program Services

DescriptionGrantsExpenses
THE COUNCIL IS ORGANIZED TO ADVANCE THE GROWTH AND PROSPERITY OF THE MEDICAL DEVICE INDUSTRY OF THE MEMPHIS MSA. THE COUNCIL IS TO SPEAK AS ONE VOICE ON MATTERS THAT ARE OF GENERAL IMPORTANCE TO THE ENTIRE INDUSTRY. THE COUNCIL REVIEWS LEGISLATION AND GOVERNMENT POLICIES THAT MAY HAVE AN ADVERSE IMPACT ON THE GROWTH AND SUBSTAINABILITY OF THE INDUSTRY. THE COUNCIL SERVES AS AN ECONOMIC DEVELOPMENT ENGINE FOR THE MEMPHIS MSA AND THE STATE OF TENNESSEE. THE COUNCIL IS ALSO RESPONSIBLE FOR INITIATING PROGRAMS THAT BENEFIT THE OVERALL INDUSTRY THROUGH EDUCATION, INNOVATION, AND TECHNOLOGY AND CAREER PATH CURRICULUMS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS LOCKEExecutive Di-$0--
JODIE GILMOREChairman-$0--
MICHAEL COOKVice Chairma-$0--
JOSH SULLIVANSecretary Tr-$0--
PATRICK FISHERBoard Member-$0--
JOE FERRANTEBoard Member-$0--
TODD SMITHBoard Member-$0--
VERNON HARTDEGENBoard Member-$0--
ABHIJIT RAVALBoard Member-$0--
MATT LEWISBoard Member-$0--
KEN BIRDSONGBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Greater Memphis Medical Device
EIN
47-1555557
Phone
9013729457
Address
2969 ELMORE PARK RD, BARTLETT, TN 38134

Signing Officer

Name
Chris Locke
Title
Executive Director
Phone
9013729457
Signed
2025-09-10
Discuss with paid preparer
Yes

Preparer

Firm
Greg Shelton CPA
Address
2855 STAGE VILLAGE CV STE 4, BARTLETT, TN 38134
Preparer
Greg Shelton CPA
Phone
9013820557
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank service charges 249 license & permits 20 dues & subscriptions 125 website hosting & support 3,600 meeting 3,735 rounding 1 non-investment depreciation 1,207 total 8,937

Form 990-ez, Part II, Line 24

Accounts receivable 39,000 36,500 11,920 11,920 less accumulated depreciation 10,713 11,920 total 40,207 36,500

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 5,867 711 payable - bacc 13,757 10,757

Form 990-ez, Part III

The mission of the greater memphis medical device council (gmmdc)is to create a successful collaboration among biomedical companies to identify shared employee development needs. This industry led initiative will guide an educational structure to effectively close the respective skills gap for all levels of biomedical careers.

Form 990-ez, Part III, Line 28

The council is organized to advance the growth and prosperity of the medical device industry of the memphis msa. The council is to speak as one voice on matters that are of general importance to the entire industry. The council reviews legislation and government policies that may have an adverse impact on the growth and substainability of the industry. The council serves as an economic development engine for the memphis msa and the state of tennessee. The council is also responsible for initiating programs that benefit the overall industry through education, innovation, and technology and career path curriculums.

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