International Medical Help Society Inc
- Assets
- $120.0m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Richardson, TX
- Founding
- 06/2013
- Data as of
- 12/2022
- EIN
- 26-1872297
Organization Overview
International Medical Help Society Inc is located in Richardson, TX. The organization was established in 2013. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Medical Help Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, International Medical Help Society Inc generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.3%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS A DAF - TO HELP THE GROWTH OF NON PROFIT OF ALL TYPES, BY PROVIDING PLATEFORM FOR CHARITABLE CONTRIBUTIONS WITH MAXIMUM FLEXIBILITY TO DONORS TO SELECT NONPROFIT ORGANIZATIONS OF THEIR CHOICE, ALONGWITH CONTINUTING MEDICAL ASSISTANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORIGINAL MISSION AT TIME OF INCORPORATION WAS TO PROVIDE MEDICAL ASSITANCE AND TO HELP MEDICAL RESEARCH AND SPREADING HEALTH RELATED EDUATION AND INFORMATION TO PEOPLE AND TO CREATE HOSPITAL AND FACILITIES FOR MEDICAL TREATMENT HOWEVER, FROM 2014, NONPROFIT DECIDED TO ACT AS A DONOR ADVISE FUND IN ADDITION TO EXISTING ACTIVITIES OF PROVIDING WORLDWIDE ASSITANCE TO POOR AND NEEDY PEOPLE SO NOW UPDATED MAJOR MISSION IS AS UNDER: TO PROVIDE EFFECTIVE PLATFORM IN COMMUNITY TO PROVIDE FREE SERVICES, GUIDANCE AND PLATFORM FOR DONATIONS TO VARIOUS DONORS IN AMERICA TO MAKE DONATION TO ORGANIZATION OF THEIR CHOICE 1. MAKE TIMELY GRANTS WHEN PEOPLE NEED DONATIONS MOST 2. ALLOW CONTRIBUTION TO GROW IN VALUE TILL TIMELY SITUATION HAPPENS REQUIRING GIVING DONATIONS. 3. ACCEPT APPRECIATED ASSETS OR INVESTMENTS PROVIDING EXEMPTION FROM CAPITAL GAINS TAX FROM DONORS TO HELP LARGER CONTRIBUTION. 4. FACILITATE CONTRIBUTION TO CHARITY ANYTIME NOT JUST AT YEAR END. 5. KEEP TRACK OF GRANTS AND DONATIONS ONLINE TO HELP DONORS REVIEW STATUS OF THEIR DONATIONS 6. PROVIDE PROFESSIONAL MANAGEMENT OF DONATED FUNDS. 7. FACILITATE LONGER TIME ZONE FOR HOLDING CONTRIBUTIONS FOR A LONGER TIME FOR MAXIMUM GROWTH MATCHING THE TIMELINE OF THE DONOR.
1. TO PROVIDE DIRECT FINANCIAL ASSISTANCE WORLDWIDE TO THE POOR AND NEEDY TO PAY THE COST OF MEDICINES AND BILLS OF HOSPITALS AND DOCTORS. THE PAYMENT MAY BE MADE DIRECTLY TO HOSPITALS OR AS A WAY OF REIMBURSEMENT OF A PAYMENT MADE DIRECTLY BY THE PATIENT OR RELATIVES. 2. TO MOTIVATE MEDICAL PROFESSIONALS TO PROVIDE FREE OR LOW-COST MEDICAL SERVICES TO THE NEEDY. 3. ORGANIZING FREE OR LOW-COST MEDICAL SERVICE CAMPS WITH THE HELP OF MEDICAL PROFESSIONALS. 4. SPREADING MESSAGE FOR MOTIVATING CHARITABLE CONTRIBUTION IN THE FORM OF MONEY, TIME, SERVICES AND OTHER TANGIBLE OR INTANGIBLE ASSETS TO HELP PROMOTE ACTIVITIES FOR PROVIDING FREE OR CONCESSIONAL RATE MEDICAL HELP LOW INCOME AND NEEDY PEOPLE AROUND THE GLOBE THROUGH VARIOUS MEDIA INCLUDING SOCIAL MEDIA 5. ORGANIZING CAMPS, SEMINARS, WEBINARS TALKS AT VARIOUS PLACES TO PROVIDE EDUCATION RELATING TO VARIOUS DISEASES, ITS CURES, AND MEASURES FOR PREVENTION 6. TO WORK JOINTLY WITH OTHER ORGANIZATIONS LIKE RED CROSS, AND WHO TO ORGANIZE CAMPS FOR MEDICAL SERVICES OR HEALTH-RELATED EDUCATION 7. PROMOTING RESEARCH IN FIELDS OF HEALTH AND MEDICINE FOR ALL DIFFERENT TYPES OF THERAPIES AND ALTERNATIVE MEDICINES. 8. CREATING CHARITABLE MEDICAL SERVICE CENTERS OR CHARITABLE HOSPITALS. 9. HELP ANY NONPROFIT ORGANIZATIONS WHO ARE ENGAGED IN OR WHO ARE HELPING IN FURTHERING ABOVE OBJECTIVES. 10. TO CARRY OUT ANY ACTIVITIES TO PROMOTE THE ABOVE OBJECTIVES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Poorvesh Thakkar Secretary & | Officer | $0 | |
Vaishali Thakkar President | Officer | $0 | |
Vipul Thakkar Director | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $2,332,894 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,712 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,363,484 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,326,286 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,124 |
| Total functional expenses | $3,399,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,306,483 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $107,166,475 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,513,447 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $119,986,405 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $399,852 |
| Other liabilities | $0 |
| Total liabilities | $399,852 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $119,586,553 |
| Total liabilities and net assets/fund balances | $119,986,405 |