MEDDEV GROUP INC: Form 990EZ, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
MEDDEV GROUP INC (EIN 81-0653058)
Tax period
2025-07-01 to 2026-06-30
Filed
2026-09-12
IRS object ID
202642599349201319
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-09-12T14:56:51-07:00ReturnTs
Tax Period End2026-06-30TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2025-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810653058EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MEDDEV GROUP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMEDDBusinessNameControlTxt
Phone4015958663PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 robin hood laneAddressLine1Txt
CityfranklinCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02038ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPeter CorashPersonNm
Person TitleTreasurerPersonTitleTxt
Phone4015958663PhoneNum
Signature2026-09-12SignatureDt
FieldValueIRS element (for citing)
Tax2025TaxYr

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Initial ReturnYes (X)InitialReturnInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addresshttps://www.mdgboston.org/WebsiteAddressTxt
Organization501cYes (X)Organization501cInd
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$31,084GrossReceiptsAmt
Contributions Gifts Grants Etc$0ContributionsGiftsGrantsEtcAmt
Program Service Revenue$24,110ProgramServiceRevenueAmt
Membership Dues$6,974MembershipDuesAmt
Investment Income$0InvestmentIncomeAmt
Sale Of Assets Gross$0SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Other Revenue Total$0OtherRevenueTotalAmt
Total Revenue$31,084TotalRevenueAmt
Grants And Similar Amounts Paid$0GrantsAndSimilarAmountsPaidAmt
Benefits Paid To Or For Members$19,657BenefitsPaidToOrForMembersAmt
Salaries Other Comp Empl Bnft$12,031SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$1,426FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$399OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$596PrintingPublicationsPostageAmt
Other Expenses Total$0OtherExpensesTotalAmt
Total Expenses$34,109TotalExpensesAmt
Excess Or Deficit For Year-$3,025ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$8,942NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$5,917NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$10,374BOYAmt
EOY$7,349EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,374BOYAmt
EOY$7,349EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,432BOYAmt
EOY$1,432EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$8,942BOYAmt
EOY$5,917EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeFoster "start-up" medical device entrepreneurs and company growth, by providing knowledge from industry experts. We also strive to connect entrepreneurs with resources outside of MED DEV Group / MDG Boston including gov resources, and commercial entities (e.g. if a entrepreneur is seeking help finding a small scale injection molder for early prototyping, the team will pool their resources and see if they can identify a few good candidates - no charge or expectation of any form of compensation is expected or accepted)PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
Held 16 Webinar training events durign year. 8 additional events were held in a hybrid format (inperson and online. Online events had mixed success sometimes with as few as 9 attendees, other times with more than 30. In person events typically included 40-63 attendees. Not all online events charged a fee, but all in person events did. Membership and sponsorship tend to increase based on eventss.$6,500$3,625
Combo Drug & Device Strategies: Pathways to Market (Free Tickets / $500 Event Sponsorships), 9-18-25. Co-sponsored with UMASS Lowell and a panel of clinicial to upack the challenges, strategies, and opportunities in this fast-evolving space of combination devices. (63 attendeed 41 in person, and 22 online)$2,700$2,000
The Winter social event is the best attended in-person event of the year with a braod array of vendors and members. THis even sees over 50 attendees each year and at least 6 vendor participants. This venue serves as an informal event with potential cliants and customers can learn about there respective capabilites and needs to see if there is potential alignment for collaboration.$4,100$2,760
FieldValueIRS element (for citing)
Total Program Service Expenses$8,385TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (10 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Geoff Moodie
President4$0$0$0
Peter Corash
Treasurer2$0$0$0
Erin Cosgrove
Board Member1$0$0$0
William Munger
Sales Director5$150$0$0
Roger LaBrecque
Consulting Board Member1$0$0$0
Ibraheem Badejo
Consulting Board Member1$0$0$0
Tracy Mason
Consulting Board Member1$0$0$0
Divbya Rangarajaner
Consulting Board Member1$0$0$0
Judy DeGraff
Secretary2.00$0$0$0
Bill Shick
Board Consultant1$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Form1120 Pol Filed0Form1120PolFiledInd
Made Loans To From OfficersYes (1)MadeLoansToFromOfficersInd
Loans To From Officers$1,432LoansToFromOfficersAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPeter CorashPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 Robin Hood LaneAddressLine1Txt
CityFranklinCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02038ZIPCd
FieldValueIRS element (for citing)
Phone4015958663PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonGeoff MoodiePersonNm
Relationship With OrgMDG PresidentRelationshipWithOrgTxt
Loan PurposeTemprorary loan due to lack of company funds - no interestLoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$1,432OriginalPrincipalAmt
Balance Due$1,432BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written Agreement0WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$1,432TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceForm 990-EZ, Part II, Line 26FormAndLineReferenceDesc
ExplanationDue to insolvency (negative bank balance) the MDG president Geoff Moodie utilized his own personal funds ($1432usd) stop overdraft fees and pay key vendors for an upcoming event that would generate revenue. This was done as an informal no interest loan, with the expectation of being paid back once finance stabilized early in 2026ExplanationTxt

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