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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-09-12T14:56:51-07:00 | ReturnTs |
| Tax Period End | 2026-06-30 | TaxPeriodEndDt |
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2025-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810653058 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEDDEV GROUP INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MEDD | BusinessNameControlTxt |
| Phone | 4015958663 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 robin hood lane | AddressLine1Txt |
| City | franklin | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02038 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Peter Corash | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 4015958663 | PhoneNum |
| Signature | 2026-09-12 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Initial Return | Yes (X) | InitialReturnInd |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | https://www.mdgboston.org/ | WebsiteAddressTxt |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $31,084 | GrossReceiptsAmt |
| Contributions Gifts Grants Etc | $0 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $24,110 | ProgramServiceRevenueAmt |
| Membership Dues | $6,974 | MembershipDuesAmt |
| Investment Income | $0 | InvestmentIncomeAmt |
| Sale Of Assets Gross | $0 | SaleOfAssetsGrossAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | $0 | GainOrLossFromSaleOfAssetsAmt |
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $0 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $0 | SpecialEventsNetIncomeLossAmt |
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Loss Sls Of Invntry | $0 | GrossProfitLossSlsOfInvntryAmt |
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
| Total Revenue | $31,084 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $0 | GrantsAndSimilarAmountsPaidAmt |
| Benefits Paid To Or For Members | $19,657 | BenefitsPaidToOrForMembersAmt |
| Salaries Other Comp Empl Bnft | $12,031 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $1,426 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $399 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $596 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $0 | OtherExpensesTotalAmt |
| Total Expenses | $34,109 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$3,025 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $8,942 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $5,917 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,374 | BOYAmt |
| EOY | $7,349 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,374 | BOYAmt |
| EOY | $7,349 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,432 | BOYAmt |
| EOY | $1,432 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,942 | BOYAmt |
| EOY | $5,917 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | Foster "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 AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $8,385 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (10 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Geoff Moodie | ||||
| President | 4 | $0 | $0 | $0 |
| Peter Corash | ||||
| Treasurer | 2 | $0 | $0 | $0 |
| Erin Cosgrove | ||||
| Board Member | 1 | $0 | $0 | $0 |
| William Munger | ||||
| Sales Director | 5 | $150 | $0 | $0 |
| Roger LaBrecque | ||||
| Consulting Board Member | 1 | $0 | $0 | $0 |
| Ibraheem Badejo | ||||
| Consulting Board Member | 1 | $0 | $0 | $0 |
| Tracy Mason | ||||
| Consulting Board Member | 1 | $0 | $0 | $0 |
| Divbya Rangarajaner | ||||
| Consulting Board Member | 1 | $0 | $0 | $0 |
| Judy DeGraff | ||||
| Secretary | 2.00 | $0 | $0 | $0 |
| Bill Shick | ||||
| Board Consultant | 1 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Form1120 Pol Filed | 0 | Form1120PolFiledInd |
| Made Loans To From Officers | Yes (1) | MadeLoansToFromOfficersInd |
| Loans To From Officers | $1,432 | LoansToFromOfficersAmt |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Peter Corash | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Robin Hood Lane | AddressLine1Txt |
| City | Franklin | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02038 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4015958663 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Geoff Moodie | PersonNm |
| Relationship With Org | MDG President | RelationshipWithOrgTxt |
| Loan Purpose | Temprorary loan due to lack of company funds - no interest | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Original Principal | $1,432 | OriginalPrincipalAmt |
| Balance Due | $1,432 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | 0 | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1,432 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990-EZ, Part II, Line 26 | FormAndLineReferenceDesc |
| Explanation | Due 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 2026 | ExplanationTxt |
Comments