Dhit Global
- Assets
- $30.7k
- Revenue
- $170.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Chapel Hill, NC
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 82-2673222
Organization Overview
Dhit Global is located in Chapel Hill, NC. The organization was established in 2019. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dhit Global 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 12/2023, Dhit Global generated $170.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $202.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENABLING A WORLD WITHOUT HEALTH INEQUITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN JANUARY 2023, DHIT GLOBAL LAUNCHED ANOTHER SEASON OF ITS FREE MONTHLY NETWORKING SERIES, THE DHIT HAPPY HOURS, INVITING PUBLIC HEALTH AND INNOVATION EXPERTS FROM ACADEMIA AND INDUSTRY TO DIG DEEP INTO HOW DIGITAL HEALTH COULD BE USED TO ADDRESS HEALTH EQUITY. THESE HAPPY HOURS WERE OFFERED WITH FREE REGISTRATION, AND THEN RECORDINGS AND BLOG SUMMARIES WERE POSTED TO THE DHIT GLOBAL WEBSITE FOR LATER VIEWING.
SELLING & MARKETING COSTS, LEGAL & PROFESSIONAL SERVICES
LAUNCHED IN 2022 AND CONTINUING IN 2023, DHIT GLOBAL MANAGED AND GREW THE NORTH CAROLINA HEALTH INNOVATION DISTRICT (NCHID) TO BUILD CAPACITY LOCALLY TO PROMOTE THE ADOPTION OF DIGITAL HEALTH TECHNOLOGIES GLOBALLY FOR THE GREATER GOOD. THE NCHID AGGREGATES, CONVENES AND GUIDES ENTREPRENEURS AND HEALTH INNOVATORS TO THE MANY RESOURCES ACROSS THE STATE OF NORTH CAROLINA THAT SUPPORT THE ACCELERATION AND MATURITY OF HEALTH INNOVATIONS.
WITH THE LAUNCH AND GROWTH OF THE NORTH CAROLINA HEALTH INNOVATION DISTRICT, CAME WITH IT THE EMERGENCE OF AN ANNUAL CONFERENCE TO CONVENE NOT JUST THE NORTH CAROLINA HEALTH INNOVATION ECOSYSTEM, BUT THE BROADER REGIONAL AND NATIONAL ECOSYSTEM OF STAKEHOLDERS OF HEALTH INNOVATION. THE 2023 NCHID SUMMIT CONVENED ~200 DIRECTORS, EXECUTIVES, AND ENTREPRENEURS TO EXPLORE, SHARE, AND LEARN ABOUT THE NEXT PRACTICES IN HEALTH INNOVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Levy Board President | 30 | $0 | |
Cindy Hallberlin General Counsel | 5 | $0 | |
Michael Ruhlen Advisory Board Chair | 5 | $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 | $170,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $170,283 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $188,524 |
| Advertising and promotion | $0 |
| Office expenses | $7,069 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,620 |
| 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 | $0 |
| Total functional expenses | $202,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,071 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,597 |
| Total assets | $30,668 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $30,668 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $30,668 |