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MEITIV WHOLESALE INC
MONROE, NY · EIN 923794064 · Form 990 · FY2024 · NTEE K31 · Food, Agriculture & Nutrition · Medium ($1M-$10M)
revenue
$1.2M
expenses
$1.2M
net assets
$237K
employees
36
program ratio
88%
mission · from form 990

MEITIV WHOLESALE WAS ESTABLISHED TO HELP LARGE FAMILIES AFFORD ESSENTIAL HOUSEHOLD AND GROCERY ITEMS BY SELLING THEM AT COST PRICE.

profile · synthesized from sources

Meitiv Wholesale Inc is a nonprofit established to assist large families in affording essential household and grocery items by selling them at cost price. The organization operates in Monroe, NY, focusing on affordability and access to basic necessities for economically stretched households. Its model centers on direct distribution of goods without markup.

named programs · 1 · from sources

What they call their work

Cost-Price Goods Distribution
Sells essential household and grocery items at cost price to help large families reduce expenses on basic necessities
activities · 1 group

What they do

  • Food Distribution and Hunger Relief 1 activity
    • Selling essential household and grocery items at cost to large families
      Sells essential household and grocery items at cost price to help large families afford necessities.
financials · form 990 · fy2024
revenue
Total revenue$1.20M
Contributions & grants$395K33%
Program service revenue$00%
Investment income$00%
Other revenue$806K
expenses
Total expenses$1.24M
Program expenses88%
Admin / overhead4%
Fundraising7%
Salaries & benefits$559K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.77M
Cash$504K
Investments$0
Liabilities$1.53M
Net assets$237K
Liquid reserves4.9 mo
2 years on record · 2023–2024 · YoY revenue +98.1%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • JOSEPH SMAIA — OFFICER
  • MORDECHAI LANDAU — OFFICER
  • YISROEL ZAHLER — OFFICER
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.