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International Medical Help Society

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261872297 ✦ Richardson, TX ✦ Designated as a 501(c)(3)

Overview

What is International Medical Help Society?

International Medical Help Society is a nonprofit organization situated in Richardson, Texas. Established with the original mission of providing medical assistance, aiding medical research, and spreading health-related education and information, the organization has since evolved to serve as a Donor Advised Fund (DAF). In this capacity, it facilitates charitable contributions from donors in America, allowing them to donate to their chosen organizations at any time, not just during the year-end. The platform ensures timely grants, exempts donors from capital gains tax on appreciated assets, and provides professional management of donated funds. Additionally, the society continues to provide worldwide medical assistance to the poor and needy.


Official website here: www.medicalhelpsociety.org/

Is International Medical Help Society legitimate?

International Medical Help Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Medical Help Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.medicalhelpsociety.org/

What is the mission statement of International Medical Help Society?

The International Medical Help Society, as a Donor-Advised Fund (DAF), aims to support the growth of various non-profit organizations by providing a flexible platform for charitable contributions. Donors can choose the organizations they wish to support, and the society also continues to offer medical assistance. Originally established to provide medical aid, conduct medical research, and disseminate health-related education and information, the society has since 2014 expanded its mission. It now focuses on creating an effective community platform for offering free services, guidance, and a donation platform to numerous donors in the United States. This allows for timely grants during periods of high need, accepts appreciated assets or investments for tax exemptions, facilitates donations at any time, and offers online tracking of grants and donations. The society also manages donated funds professionally and allows for longer holding periods for contributions to maximize growth, matching the donor's timeline.


Official website here: www.medicalhelpsociety.org/

Who is the CEO of International Medical Help Society?

Vaishali Thakkar is the Secretary & of International Medical Help Society.


Official website here: www.medicalhelpsociety.org/

What is the revenue of International Medical Help Society?

International Medical Help Society's revenue in 2022 was $2,363,484.


Official website here: www.medicalhelpsociety.org/

Who are the executives of International Medical Help Society and what are their salaries?

Here are 3 key members and their salaries:

    Poorvesh Thakkar (Secretary &)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vaishali Thakkar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vipul Thakkar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.medicalhelpsociety.org/

    Where can I find the form 990 for International Medical Help Society?

    The International Medical Help Society’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.medicalhelpsociety.org/

    Learn more at the official website: www.medicalhelpsociety.org/

    Mission Statement of International Medical Help Society

    The International Medical Help Society, as a Donor-Advised Fund (DAF), has evolved its mission to assist the growth of various nonprofit organizations. Initially, its purpose was to offer medical assistance, support medical research, and disseminate health-related education and information. However, since 2014, the organization has expanded its scope to serve as a platform for charitable contributions, providing maximum flexibility to donors who wish to support their preferred nonprofit organizations.

    This transformation in its mission now includes providing a community platform for free services, guidance, and a facilitated donation process to numerous donors in America. The International Medical Help Society ensures that donations are made at the right time, allowing contributions to grow in value until an urgent situation necessitates charitable giving. They also accept appreciated assets or investments from donors, offering exemption from capital gains tax to encourage larger contributions.

    Furthermore, the International Medical Help Society facilitates charitable donations at any time, not just during the end of the year. They maintain an online system to keep track of grants and donations, enabling donors to monitor the status of their contributions. In addition, the organization offers professional management of donated funds and allows for longer time zones for holding contributions, thereby maximizing growth over time to match the donor's timeline.

    Impact

    This information is meant to be a general summary of International Medical Help Society. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    International Medical Help Society's impact lies in providing a vital platform for charitable contributions with maximum flexibility for donors to support organizations of their choice. Additionally, the society offers continuing medical assistance to those in need around the world. By streamlining the donation process and providing timely grants, the society enables donors to make a significant impact when it is needed most. Furthermore, by accepting appreciated assets or investments, donors can maximize their contributions and receive tax benefits. The society's professional management of donated funds ensures that resources are utilized effectively to support various nonprofit organizations, thus fostering philanthropy and making a positive difference in communities worldwide.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,312,182
  • Program Service Revenue: $0
  • Gross Receipts: $4,665,293

    • Assets and Liabilities:
  • Total Assets: $119,986,405
  • Total Liabilities: $399,852
  • Net Assets: $119,586,553
  • Organization Details

    Founding Year

    2008

    Principal Officer

    Vaishali Thakkar

    Main Address

    1210 EAST BELTLINE ROAD, RICHARDSON, TX, 75081

    NTEE Category

    Code: Q30 - International

    If you are a representative of International Medical Help Society and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.