Mihret Medical Supply Group Inc is located in Ruckersville, VA. The organization was established in 2019. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Mihret Medical Supply Group 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 12/2023, Mihret Medical Supply Group Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $1.6m 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
PROMOTING AND FACILITATING THE COLLECTION AND DISTRIBITION OF QUALITY MEDICAL EQUIPMENTS AND MEDICINES WORLDWIDE TO HUMANITARIAN ENTITIES. STRENGTHENING HEALTH CARE FACILITIES, FAMILY FARMS, MICRO ENTERPRISE, SOCIAL AND SPIRITUAL ORGANIZATIONS, AND EDUCATION PROJECTS IN UNDER SERVED COUNTRIES THROUGH DIRECT AID, TRAINING AND SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, MIHRET, IN COLLABORATION WITH JAMES MADISON UNIVERSITY, SHIPPED A CONTAINER OF MEDICAL EQUIPMENT AND SUPPLIES TO UKRAINE AS A RESULT, 200,000 PEOPLE, INCLUDING CHILDREN AND BIRTHING WOMEN, RECEIVED DIRECT AND INDIRECT SERVICE BENEFITS FROM THE SHIPMENT. IN ETHIOPIA, MIHRET, IN COLLABORATION WITH SAMARA UNIVERSITY, DONATED TWO CONTAINERS OF MEDICAL EQUIPMENT WITH A TOTAL VALUATION OF $556,918.00 TO DUBTI AND LOGIA HOSPITALS. THE EQUIPMENT INCLUDES HOSPITAL BEDS, CARDIAC RECLINERS, SMART EXAM TABLES, OR TABLES, SURGICAL DRAPES, EKG, ULTRASOUND, X-RAY, BLANKETS, WOUND CARE SUPPLIES, GLOVES, AND SO ON ACCORDING TO THE EFFECT REPORT FROM SAMARA UNIVERSITY, 150,000 PEOPLE DIRECTLY BENEFIT FROM THIS SUPPORT ANNUALLY, ENSURING A SUSTAINED IMPACT ON THE LOCAL HEALTHCARE SYSTEM
FROM JANUARY 30TH TO FEBRUARY 11TH, 2023, MIHRET COLLABORATED WITH RAPHA MEDICAL CENTER, COMFORT MY PEOPLE, AND BAHIRDAR UNIVERSITY COLLEGE OF MEDICINE AND HEALTH SCIENCES TO CONDUCT A TEN-DAY TRAINING PROGRAM. THIS PROGRAM, CAREFULLY DESIGNED FOR 18 MIDWIVES AND 30 BIRTH ATTENDANTS FROM REMOTE HEALTH FACILITIES IN NINE DIFFERENT ZONES OF THE WESTERN AMHARA REGION, FOCUSED ON EVIDENCE-BASED SAFE BIRTH PRACTICE. THE TRAINEES RECEIVED HIGH-QUALITY INSTRUCTION FROM EXPERT MIDWIVES TRAINED IN THE US, AND MIHRET ENSURED THAT THE TRAINING MANUALS WERE ACCURATELY TRANSLATED INTO AMHARIC AND DISTRIBUTED TO THE TRAINEES FOR THEIR REFERENCE. THE PROGRAM ALSO INCLUDED PRACTICAL EXERCISES WITH MANNEQUINS, AND SIX EXCEPTIONAL TRAINERS WERE IDENTIFIED FROM THE GROUP OF PARTICIPANTS. THE POSITIVE IMPACT OF THIS TRAINING PROGRAM REACHED FIVE UNIVERSITIES AND 25 HEALTH FACILITIES, INCLUDING HOSPITALS, HEALTH CENTERS, AND HEALTH POSTS, AS REPORTED BY THE REGIONAL HEALTH BUREAU.
MIHRET SPEARHEADS AN IMPACTFUL APIARY FARM EMPOWERMENT PROJECT IN ETHIOPIA, FOCUSING ON THE GOJJAM AND TIGRAY AREAS. THE PROJECT, WHICH COMMENCED THREE YEARS AGO WITH 300 MODERN SEED BEEHIVES, AIMS TO REVOLUTIONIZE TRADITIONAL BEEKEEPING PRACTICES IN ETHIOPIA. INITIALLY INVOLVING 60 FAMILIES, THE PROJECT HAS NOW POSITIVELY IMPACTED 183 FAMILIES, AND ITS REACH HAS EXPANDED TO ENCOMPASS 1,350 FARMERS-OWNED COLONIES IN BURE, TILILI, MERAWI, BAHIRDAR, AND MEKELLE LOCALITIES. N 2023, MIHRET TOOK A BOLD STEP BY INITIATING THE CONSTRUCTION OF A STATE-OF-THE-ART HONEY PROCESSING PLANT CALLED LALHONEY MANUFACTURING WITHIN THE BURE AGRO-INDUSTRIAL PARK, SPANNING OVER A 4-ACRE PROPERTY. HOWEVER, DESPITE FACING DISRUPTIONS DUE TO THE CONFLICT BETWEEN THE AMHARA FANO AND THE FEDERAL GOVERNMENT FORCES, MIHRET REMAINS RELENTLESS IN DRIVING THE PROJECT FORWARD. FURTHERMORE, MIHRET MADE STRATEGIC INVESTMENTS BY PURCHASING A TOYOTA HYLUX HEAVY DUTY TRUCK TO SUPPORT THE PROJECTS LOGISTICS. N THE SAME YEAR, MIHRETS OWNERSHIP OF 300 BEEHIVES SIGNIFIES A STRONG COMMITMENT TO FURTHERING THE PROJECTS IMPACT, WITH 12 FAMILIES POISED TO BENEFIT FROM MANAGING MIHRETS MODERN BEEHIVES AND BEEKEEPING BUSINESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tilahun Goshu | Trustee | $0 | |
Lemlem Woldemichael | Trustee | $0 | |
Hiwot Wolde Dagnachew | Officer | $0 | |
Mark Smith | Trustee | $0 | |
Dr Yilikal Goshu | Trustee | $0 |
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 | $1,612,139 |
Noncash contributions included in lines 1a–1f | $1,192,867 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,612,139 |
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 | $1,612,139 |
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 | $1,212,649 |
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 | $44,945 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,763 |
Payroll taxes | $0 |
Fees for services: Management | $14,029 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,808 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,990 |
Office expenses | $13,702 |
Information technology | $677 |
Royalties | $0 |
Occupancy | $6,434 |
Travel | $48,139 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,268 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $522 |
All other expenses | $98,419 |
Total functional expenses | $1,560,322 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $312,874 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $185,359 |
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 | $179,815 |
Total assets | $678,048 |
Accounts payable and accrued expenses | $2,190 |
Grants payable | $0 |
Deferred revenue | $295,070 |
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 | $297,260 |
Net assets without donor restrictions | $380,788 |
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 | $678,048 |