Hebret Mutual Aid Society Inc

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

EIN: 873957390 ✦ Silver spring, MD ✦ Designated as a 501(c)(3)

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Overview

What is Hebret Mutual Aid Society Inc?

Hebret Mutual Aid Society Inc is a nonprofit organization established in the process of formation during FY 2022. Their primary objective is to preserve Ethiopian traditions and culture while promoting the social, emotional, and economic wellbeing of its members. To achieve this, the Society has prepared essential organizational documents, including bylaws and policies, and has appointed a permanent Board of Directors and Advisory Council Members for a four-year term. The Society aims to provide community services that enrich the lives of its members, contributing positively to their overall wellbeing.

Is Hebret Mutual Aid Society Inc legitimate?

Hebret Mutual Aid Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebret Mutual Aid Society Inc submitted a form 990EZ, 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.

What is the mission statement of Hebret Mutual Aid Society Inc?

The Hebret Mutual Aid Society Inc, during its formation in FY 2022, has outlined its mission to preserve Ethiopian tradition and culture. The primary objective of the society is to offer community services that enhance the social, emotional, and economic well-being of its members. The organization has established organizational documents, bylaws, and policies to guide its operations. A permanent Board of Directors and Advisory Council Members have been appointed to lead the society for the forthcoming four years. The society's role is to uphold Ethiopian values and contribute positively to its members' lives.

Who is the CEO of Hebret Mutual Aid Society Inc?

Belayhun Asrese is the Treasurer of Hebret Mutual Aid Society Inc.

What is the revenue of Hebret Mutual Aid Society Inc?

Hebret Mutual Aid Society Inc's revenue in 2022 was $93,110.

Who are the executives of Hebret Mutual Aid Society Inc and what are their salaries?


Here are 5 key members and their salaries:


Taitu Amare (Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tafessework Gebeyehu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Belayhun Asrese (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Solomon Alemu Dr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia Bekele (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Hebret Mutual Aid Society Inc?

Hebret Mutual Aid Society Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Hebret Mutual Aid Society Inc

Hebret Mutual Aid Society Inc, a newly forming organization, has a mission to preserve Ethiopian traditions and culture while promoting the social, emotional, and economic well-being of its members. To achieve this objective, the Society intends to offer community services that cater to the needs of its members. The organization has taken significant steps towards its formation, preparing organizational documents, bylaws, Policies and Procedures, and selecting a permanent Board of Directors and Advisory Council Members for a four-year term. These leaders will guide Hebret Mutual Aid Society Inc in its mission to uplift its members and contribute positively to their lives.

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Impact




October, 2024

Hebret Mutual Aid Society Inc significantly impacts the Ethiopian community in Silver Spring, MD, by promoting and preserving Ethiopian traditions and culture while fostering a strong support network among its members. By organizing community services that address social, emotional, and economic needs, the Society helps members navigate various challenges they may face in a new environment.

With its thoughtful governance structure, including a Board of Directors and Advisory Council, the Society has laid a solid foundation for sustainable community engagement. The establishment of organizational documents and policies ensures that the Society operates effectively and can respond to the evolving needs of its members.

Through educational initiatives, the Society enhances knowledge and awareness within the community, empowering individuals to thrive. By focusing on cultural identity, social connections, and economic wellbeing, Hebret Mutual Aid Society Inc plays a vital role in strengthening the Ethiopian community in the area, promoting a sense of belonging and collective resilience.




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


Financials

This financial information is from Propublica.

Revenue
$93,110 (2022)
Expenses
$32,234 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $93,110

Assets and Liabilities:

  • Total Assets: $60,876
  • Total Liabilities: $0
  • Net Assets: $60,876

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Organization Details

Principal Officer

Belayhun Asrese

Main Address

7961 Eastern Avenue Suite 301, Silver Spring, MD, 20910

NTEE Category

Code: B05 - Education

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