Civic Intelligence

Greater Memphis Medical Device

990EZ • Fiscal year 2016 • EIN 47-1555557

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 20, 2016

2969 Elmore Park RoadBartlett, TN 38133

(901) 372-9457

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

99th percentile

83%

Higher net margin than 99% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

Up

$48,534

Up $48,534 from 2015

Net Assets

Up

$48,534

Up $48,534 from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$58,737

No earlier filing loaded for comparison.

Expenses

$10,203

No earlier filing loaded for comparison.

Net Income

$48,534

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2016

Assets$48,534
Liabilities-
Net Assets$48,534

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$58,737
Expenses$10,203
Net Income$48,534
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 20, 2016
Return Version
2015v3.0
Gross Receipts
$58,737
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.

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 bismedical 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
JOHN THREADGILLOfficer-$0--
GENE BAKERBoard Member-$0--
ROBERT KENYONBoard Member-$0--
PHIL WARDBoard Member-$0--
WILL YATESBoard Member-$0--
JODIE GILMOREBoard Member-$0--
DICK LUNDSFORDBoard Member-$0--
ROY SMITHBoard Member-$0--
HEATHER SAVAGEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Greater Memphis Medical Device
EIN
47-1555557
Phone
9013729457
Address
2969 ELMORE PARK ROAD, BARTLETT, TN 38133

Signing Officer

Name
John Threadgill
Title
Officer
Phone
9013729457
Signed
2016-02-20
Discuss with paid preparer
Yes

Preparer

Firm
Greg Shelton CPA
Address
2855 STAGE VILLAGE COVE SUITE 4, BARTLETT, TN 38134-4616
Preparer
Greg Shelton CPA
Phone
9013820557
Supplemental Narrative

Additional Explanations

Form 990-ez, Part II, Line 24

Accounts receivable 0 28,600 total 0 28,600

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 bismedical 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

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0THE 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 BISMEDICAL CAREERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE 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
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCOUNTS RECEIVABLE 0 28,600 TOTAL 0 28,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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 BISMEDICAL CAREERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02017-02-20T18:20:25-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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Filings