Dme Exchange Of Dallas Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Dallas, TX
- Founding
- 01/2012
- Data as of
- 09/2024
- EIN
- 45-2301719
Organization Overview
Dme Exchange Of Dallas Inc is located in Dallas, TX. The organization was established in 2012. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2023, Dme Exchange Of Dallas Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dme Exchange Of Dallas 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 09/2024, Dme Exchange Of Dallas Inc generated $49.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $108.7k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RELIEF OF PAIN AND SUFFERING FOR PEOPLE WITH ACUTE INJURY OR ILLNESS AND TO IMPROVE THE INDEPENDENCE, SELF-SUFFICIENCY AND MOBILITY OF PEOPLE WITH CHRONIC ILLNESSES, DME DALLAS WILL COLLECT, REFURBISH, SANITIZE AND DISTRIBUTE USED DURABLE MEDICAL EQUIPMENT (DME) TO RESIDENTS OF DALLAS COUNTY WHO CANNOT AFFORD TO PURCHASE OR RENT IT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DME EXCHANGE OF DALLAS, INC. ACCEPTS PREVIOUSLY OWNED DURABLE MEDICAL EQUIPMENT AND REFURBISHES, REPAIRS, AND SANITIZES THESE ITEMS. ONCE THE EQUIPMENT IS READY FOR USE, DME DISTRIBUTES IT TO QUALIFIED, LOW-INCOME PERSONS WITH DISABILITIES LIVING IN DALLAS COUNTY. DME DALLAS PROVIDES MEDICAL EQUIPMENT TO ELIGIBLE INDIVIDUALS WHO ARE RECOVERING FROM AN ACCIDENT OR ILLNESS, OR SUFFER CHRONIC, PROGRESSIVE, AND/OR DEBILITATING CONDITIONS, AND/OR AGING. THE EQUIPMENT ALLOWS SUCH AN INDIVIDUAL TO RECOVER SAFELY AT HOME BY ENHANCING MOBILITY AND INDEPENDENCE.
DME EXCHANGE OF DALLAS, INC. ACCEPTS PREVIOUSLY OWNED DURABLE MEDICAL EQUIPMENT AND REFURBISHES, REPAIRS, AND SANITIZES THESE ITEMS. ONCE THE EQUIPMENT IS READY FOR USE, DME DISTRIBUTES IT TO QUALIFIED, LOW-INCOME PERSONS WITH DISABILITIES LIVING IN DALLAS COUNTY. DME DALLAS PROVIDES MEDICAL EQUIPMENT TO ELIGIBLE INDIVIDUALS WHO ARE RECOVERING FROM AN ACCIDENT OR ILLNESS, OR SUFFER CHRONIC, PROGRESSIVE, AND/OR DEBILITATING CONDITIONS, AND/OR AGING. THE EQUIPMENT ALLOWS SUCH AN INDIVIDUAL TO RECOVER SAFELY AT HOME BY ENHANCING MOBILITY AND INDEPENDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Hersey Executive Dir. | OfficerTrustee | 40 | $63,000 |
Stanley Pomarantz Secretary | OfficerTrustee | 1 | $0 |
Barry Lachman Director | Trustee | 1 | $0 |
Max Jaffe Board Chair | OfficerTrustee | 1 | $0 |
Dr Adam Carter Director | Trustee | 1 | $0 |
John Thottakara Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,847 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $5,400 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,247 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,294 |
| Professional fees and other payments to independent contractors | $15,880 |
| Occupancy, rent, utilities, and maintenance | $16,026 |
| Printing, publications, postage, and shipping | $1,992 |
| Other expenses | $41,504 |
| Total expenses | $108,696 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $14,000 |
| Net assets or fund balances | $0 |