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National Minority Supplier Development Council Inc

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

EIN: 237348220 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is National Minority Supplier Development Council Inc?

The National Minority Supplier Development Council Inc, based in New York City, serves as a facilitator for business growth for certified minority business enterprises (MBEs). They oversee the activities of 23 affiliated regional councils, ensuring uniform standards and effective service delivery. The organization's mission lies in creating opportunities for MBEs by connecting them with corporate members. With a team of 37 employees, they monitor council activities and advocate for the advancement of these businesses.


Official website here: www.nmsdc.org

Is National Minority Supplier Development Council Inc legitimate?

National Minority Supplier Development Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Minority Supplier Development Council Inc 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: $793,096
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,926,719

For more financial information, click here


Official website here: www.nmsdc.org

What is the mission statement of National Minority Supplier Development Council Inc?

The National Minority Supplier Development Council functions to expand business prospects for certified minority business enterprises. They serve as a bridge, linking these enterprises with corporate members. The organization's mission is multifaceted: it advances business opportunities and fosters connections between certified minority businesses and corporate entities. To ensure effective implementation, the Council oversees the activities of 23 affiliated regional councils. This oversight includes monitoring their operations, delivery of services, and adherence to standardized practices. By doing so, the Council maintains consistency and maximizes the impact of its efforts to promote business growth for minority enterprises.


Official website here: www.nmsdc.org

Who is the CEO of National Minority Supplier Development Council Inc?

Ying Mcguire is the Director of National Minority Supplier Development Council Inc.


Official website here: www.nmsdc.org

What is the revenue of National Minority Supplier Development Council Inc?

National Minority Supplier Development Council Inc's revenue in 2022 was $27,312,876.


Official website here: www.nmsdc.org

Who are the executives of National Minority Supplier Development Council Inc and what are their salaries?

The average compensation at National Minority Supplier Development Council Inc during 2022 was $100,536. There are 37 employees and 250 volunteers at National Minority Supplier Development Council Inc.

Here are 43 key members and their salaries:

    Ying Mcguire (President) [Trustee/Director]
  • Compensation: $436,000
  • Related: $0
  • Other: $32,321

    • Casilda Del Valle (Senior Vice President)
  • Compensation: $299,058
  • Related: $0
  • Other: $25,717

    • Pauline Gebon (Vice President)
  • Compensation: $233,478
  • Related: $0
  • Other: $21,914

    • Lisa Morris (Vice President)
  • Compensation: $189,932
  • Related: $0
  • Other: $32,296

    • Stefan Bradham (Vice President)
  • Compensation: $176,201
  • Related: $0
  • Other: $16,619

    • Christine Narine (Director Of Finance)
  • Compensation: $129,655
  • Related: $0
  • Other: $18,126

    • Sylvia Acosta (Senior Vice President)
  • Compensation: $113,526
  • Related: $0
  • Other: $6,918

    • Sue Bhatia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kendra Burris-Austin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harvey Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek B Cantey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gabriel Castro (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Downer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Dyess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kala Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clint W Grimes (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Herndon Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen L Hightower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vickie Irwin-Avery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Jennings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Kapfer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Key (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Layden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Lepore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Lutz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shashi Mandapaty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Mcguire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mcmurray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Farryn Melton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonnie Nijst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tanya Nixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlton L Oneal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Regenia R Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Guy Schweppe (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stan Sena (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Tomczak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susanna Webber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Turkienicz (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miguel Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Cuffie (Director - Until June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Nash Cpm Cpim (Director - Until May 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melani Wilson Smith (Director - Until Dec. 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nmsdc.org

    Where can I find the form 990 for National Minority Supplier Development Council Inc?

    The National Minority Supplier Development Council Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nmsdc.org

    Learn more at the official website: www.nmsdc.org

    Mission Statement of National Minority Supplier Development Council Inc

    The National Minority Supplier Development Council, a renowned nonprofit organization, is dedicated to advancing business opportunities for certified minority business enterprises (MBEs). By connecting these enterprises with corporate members, the Council plays a pivotal role in promoting inclusion and diversity in the business world.

    In more detail, the National Minority Supplier Development Council operates as a leading intermediary, bridging the gap between corporate America and minority-owned businesses. Through rigorous certification processes, the Council identifies and verifies the authenticity of minority-owned businesses, ensuring their credibility in the corporate sector. By providing this crucial service, the Council opens doors for minority businesses to engage in lucrative business deals with major corporations.

    Furthermore, the Council overses the activities of 23 affiliated regional councils. It monitors their operations and delivers services adhering to uniform standards. This centralized approach ensures consistency and effectiveness in the organization's mission to support minority business enterprises. The Council's commitment to maintaining high standards and offering guidance to regional councils is a testament to its unwavering dedication to the growth and success of minority businesses.

    Impact

    This information is meant to be a general summary of National Minority Supplier Development Council Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The National Minority Supplier Development Council Inc advances business opportunities for certified minority business enterprises and connects them to corporate members. By overseeing the activities of 23 affiliated regional councils and ensuring the application of uniform standards of work, the organization plays a crucial role in supporting and promoting minority-owned businesses. Through its efforts, the National Minority Supplier Development Council Inc has a direct impact on fostering diversity and inclusion within the business community, contributing to economic growth and empowering underrepresented entrepreneurs.





    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: $178,643
  • Program Service Revenue: $17,665,476
  • Gross Receipts: $28,284,831

    • Assets and Liabilities:
  • Total Assets: $15,892,163
  • Total Liabilities: $6,752,850
  • Net Assets: $9,139,313
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBERSHIP DUES

    Revenue

    $13,188,138

    REGISTRATION FEES AND TUITIONS

    Revenue

    $3,765,574

    TRADE SHOW AND MEETING FEES

    Revenue

    $711,764

    Organization Details

    Founding Year

    1973

    Principal Officer

    Ying Mcguire

    Main Address

    1345 6TH AVE 2ND FL STE 2049 2050, NEW YORK, NY, 10105

    NTEE Category

    Code: A99Z - Arts

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