NonprofitsMedtech Color

Health Care

Medtech Color

SACRAMENTO, CA

Total revenue

$500K

Total expenses

$820K

Net assets

$313K

Grants received

$235K

10 grants

EIN

830543603

Tax year

2024

Mission

To build a cohesive community of leaders of color in medtech, increase the number of underrepresented executives who enter and stay in the industry and drive thought leadership.

Programs

3 programs

Pitch competition and pitch365: medtech color pitch competition is a foundational start of medical technology early-stage startups creating innovative technologies. Innovative startups take the stage of a virtual competition to showcase their products or services that will directly benefit patients and tell their story. Pitch365 provides year-round access to resources designed to support minority-founded, underfunded startups from ideation to the consumer market, and create a dependable, empathetic community of medtech leaders dedicated to their start-up's ongoing success.

Expenses: $208KGrants: $155K

Collaborative community: medtech color has convened this collaborative community to create a forum where medtech professionals and other stakeholders can address minority health issues in medical device product development and clinical research. We develop strategies, resources, best practices and thought leadership to increase awareness and mitigate the impact of unconscious bias, social determinants of health and lack of inclusion or consideration of racial and ethnic minorities in critical aspects of the product development lifecycle.

Expenses: $64K

Other programs - networking breakfast

Expenses: $46K

Financials

FY 2024

Revenue

Contributions & grants$59K
Program service revenue$440K
Investment income$20
Other revenue
Total revenue$500K

Expenses

Grants paid$155K
Salaries & benefits$213K
Fundraising
Other expenses$452K
Total expenses$820K
Total assets$313K
Net assets$313K

People

5 listed

NameRoleCompensation

KATRINA HOLLAND

EXECUTIVE DIRECTOR

Board

$192K

40 hrs/wk

CHEYNE STENNIS

DIRECTOR OF OPERATIONS

Board

$112K

40 hrs/wk

VERNESSA POLLARD

SECRETARY

Board

4 hrs/wk

NADA HANAFI

TREASURER

Board

4 hrs/wk

KWAME ULMER

PRESIDENT

Board

4 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$50K
GOLD SPONSORSHIP - COLLABORATIVE COMMUNITY
2024
$50K
PLATINUM SPONSORSHIP - COLLABORATIVE COMMUNITY
2023
$50K
PLATINUM SPONSORSHIP - COLLABORATIVE COMMUNITY
2022
$10K
2023 SPONSORSHIP FOR MEDTECH COLOR PITCH COMPETITION
2022
$10K
MedTech Color Collaborative Community
2022
$25K
MEDTECH COLOR PITCH COMPETITION SPONSORSHIP
2020

Funded by

$235K from 4 funders · 10 grants · 2020–2024

American Medical Association

$150K · 3 grants · 2022–2024

Advanced Medical Technology Association

$40K · 4 grants · 2020–2024

California Healthcare Foundation

$35K · 2 grants · 2020–2022

Details

EIN830543603
NTEE codeE80
Subsection03
Ruling date2019-04
Formed2018
Employees1
Volunteers10
MEDTECH COLOR — Mission, Financials & Grants Received | Grantivo