New York & New Jersey Minority Supplier Development Council Inc

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

EIN: 237439373 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is New York & New Jersey Minority Supplier Development Council Inc?

New York & New Jersey Minority Supplier Development Council Inc is a nonprofit organization committed to assisting economically disadvantaged minority-owned businesses in gaining market access and encouraging corporate purchasing. Their initiatives encompass the creation of an extensive supplier directory, education sessions, networking events, and priority access to marketing expos for their corporate members. The council provides a bi-monthly newsletter and educational seminars, fostering a platform for connection and growth. The organization's mission is to promote cooperation between the business community and minority-owned firms, ultimately aiming to boost their market presence.


Official website here: www.nynjmsdc.org

Is New York & New Jersey Minority Supplier Development Council Inc legitimate?

New York & New Jersey Minority Supplier Development Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York & New Jersey 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $646,595

For more financial information, click here


Official website here: www.nynjmsdc.org

What is the mission statement of New York & New Jersey Minority Supplier Development Council Inc?

The New York & New Jersey Minority Supplier Development Council Inc was established with a mission to aid economically disadvantaged minority-owned businesses by helping them find markets for their products and services. The organization encourages cooperation within the business community, particularly in purchasing these products and services. To fulfill this objective, the council has set up offices to facilitate information exchange among corporate purchasing programs. The Council offers a wide range of services to its members, including a comprehensive directory of certified quality suppliers, bi-monthly newsletters, educational seminars, business card exchanges, and priority access to marketing business expos and other events.


Official website here: www.nynjmsdc.org

Who is the CEO of New York & New Jersey Minority Supplier Development Council Inc?

Terrence Clark is the Chairperson of New York & New Jersey Minority Supplier Development Council Inc. The CEO's salary of New York & New Jersey Minority Supplier Development Council Inc is $200,503 and their total compensation is $200,503.


Official website here: www.nynjmsdc.org

What is the revenue of New York & New Jersey Minority Supplier Development Council Inc?

New York & New Jersey Minority Supplier Development Council Inc's revenue in 2022 was $1,961,473.


Official website here: www.nynjmsdc.org

Who are the executives of New York & New Jersey Minority Supplier Development Council Inc and what are their salaries?

The average compensation at New York & New Jersey Minority Supplier Development Council Inc during 2022 was $92,371. There are 7 employees at New York & New Jersey Minority Supplier Development Council Inc.

Here are 21 key members and their salaries (New York & New Jersey Minority Supplier Development Council Inc's CEO's salary is $200,503 and their total compensation is $200,503):

    Terrence Clark (President Ceo)
  • Compensation: $200,503
  • Related: $0
  • Other: $0

    • Angela M Guzman (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Jameson (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carla H Ramsey (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shendora Pridgen (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trung Tieu (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Gun-Nieves (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rondu Vincent (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurinda Thomas (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanine Pedoto (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheri Shafir (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marisol Ramirez (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darrien Pinkman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wesley W Joseph (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel S Park (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Swati Scanlon 1122 (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Michel 1122 (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Mccants 1122 (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rose Hatcher 1122 (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dawn Wells 1122 (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Johnson 1122 (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nynjmsdc.org

    Where can I find the form 990 for New York & New Jersey Minority Supplier Development Council Inc?

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


    Official website here: www.nynjmsdc.org

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

    Mission Statement of New York & New Jersey Minority Supplier Development Council Inc

    The New York & New Jersey Minority Supplier Development Council Inc is a organization dedicated to assisting economically disadvantaged minority-owned businesses in establishing markets for their products and services. It encourages cooperation within the business community for the procurement of these goods and services. To accomplish this objective, the Council has set up offices to facilitate the exchange of information among corporate purchasing programs.

    In line with its mission, the organization offers a variety of services to support these minority-owned firms. This includes maintaining a comprehensive directory of certified quality suppliers, providing a bi-monthly newsletter, organizing educational seminars, hosting business card exchanges, and offering priority access to marketing business expos and other services to all corporate members. By doing so, the New York & New Jersey Minority Supplier Development Council Inc aims to help these businesses expand their reach and increase their chances of securing contracts with corporate buyers.

    Impact

    This information is meant to be a general summary of New York & New Jersey 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

    New York & New Jersey Minority Supplier Development Council Inc plays a crucial role in supporting economically disadvantaged minority-owned firms by helping them create markets for their products and services. By encouraging cooperation within the business community for the purchasing of goods and services from minority-owned firms, the council is actively contributing to the economic empowerment of minority entrepreneurs. Additionally, the organization provides a wide range of services, including a comprehensive directory of certified quality suppliers, educational seminars, networking opportunities, and priority access to marketing events. This support helps to strengthen the business capabilities and visibility of minority-owned firms, ultimately leading to community improvement and economic growth.





    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: $0
  • Program Service Revenue: $750,492
  • Gross Receipts: $2,024,112

    • Assets and Liabilities:
  • Total Assets: $3,338,430
  • Total Liabilities: $1,191,379
  • Net Assets: $2,147,051
  • Programs

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

    CERTIFICATION AND RECE

    Revenue

    $750,492

    Organization Details

    Founding Year

    1973

    Principal Officer

    Terrence Clark

    Main Address

    65 WEST 36TH STREET 702, NEW YORK, NY, 10018

    NTEE Category

    Code: S43 - Community improvement

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