Eastern Minority Supplier Development Council

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

EIN: 251236796 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Eastern Minority Supplier Development Council?

The Eastern Minority Supplier Development Council is a nonprofit organization based in Philadelphia, Pennsylvania. Their primary mission is to foster economic development for minority-owned businesses, including Asian, Black, Hispanic, and Native American enterprises. They achieve this by certifying these businesses and connecting them to corporations and public agencies, aiming to initiate growth and opportunities through supplier diversity channels. Their focus primarily covers Pennsylvania, Southern New Jersey, and Delaware, addressing both national and international entities. The council's activities include supporting the development of these businesses to better align them with corporations, ultimately promoting equality and growth within the business sector.


Official website here: www.emsdc.org

Is Eastern Minority Supplier Development Council legitimate?

Eastern Minority Supplier Development Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Minority Supplier Development Council 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: $190,969
Professional Fundraising Fees: $0
Other Salaries and Wages: $548,060

For more financial information, click here


Official website here: www.emsdc.org

What is the mission statement of Eastern Minority Supplier Development Council?

The Eastern Minority Supplier Development Council's mission is centered around stimulating and supporting economic development for businesses owned by minorities, including Asian, Black, Hispanic, and Native American entrepreneurs. Although their outreach extends to both national and international entities, their primary focus lies in Pennsylvania, Southern New Jersey, and Delaware. The council fosters the development of these minority-owned businesses, aiming to align them with corporations, thereby initiating growth and opportunities through supplier diversity channels.


Official website here: www.emsdc.org

Who is the CEO of Eastern Minority Supplier Development Council?

Brian Olgesby is the President/Ceo of Eastern Minority Supplier Development Council. The CEO's salary of Eastern Minority Supplier Development Council is $0 and their total compensation is $126,724.


Official website here: www.emsdc.org

What is the revenue of Eastern Minority Supplier Development Council?

Eastern Minority Supplier Development Council's revenue in 2022 was $1,382,907.


Official website here: www.emsdc.org

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

The average compensation at Eastern Minority Supplier Development Council during 2022 was $67,184. There are 11 employees at Eastern Minority Supplier Development Council.

Here are 25 key members and their salaries (Eastern Minority Supplier Development Council's CEO's salary is $0 and their total compensation is $126,724):

    Valarie J Cofield (President/Ceo)
  • Compensation: $0
  • Related: $126,724
  • Other: $0

    • Brian Keith Oglesby (President) [Trustee/Director]
  • Compensation: $0
  • Related: $64,246
  • Other: $0

    • Vernice Lewis (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tasha Y Brown (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erik Meader (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • L Jay Burks Phd (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelly Brown (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • William B Holmes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Burstein (Mbeic Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Douglas (Mbeic Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Groomes (Mbeic Member At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maulik Shah (Mbeic Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Robinson Ii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Garrett (Mbeic Board Vice-Chair At Larg) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janean Gardener (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natily Santos (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Miller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Morin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Stefanosky (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence Wooten (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Troy Matthews (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Lewis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Booker Farrior (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Baldwin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.emsdc.org

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

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


    Official website here: www.emsdc.org

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

    Mission Statement of Eastern Minority Supplier Development Council

    The Eastern Minority Supplier Development Council, abbreviated as EMSDC, is dedicated to stimulating and supporting economic development within minority-owned enterprises. With a primary focus on businesses owned by individuals from Asian, Black, Hispanic, and Native American communities, EMSDC extends its reach beyond national and international entities. The council's primary mission is to foster the development of these minority business enterprises, encouraging them to align more closely with corporations. This alignment aims to initiate growth and opportunities through supplier diversity channels. In essence, EMSDC plays a crucial role in creating prospects for minority-owned enterprises, thereby promoting economic development in these communities.

    Impact

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




    Thursday, August 15, 2024

    The Eastern Minority Supplier Development Council plays a crucial role in developing business opportunities for minority-owned enterprises. By certifying and linking these businesses to corporations and public agencies, the council stimulates and supports economic development within minority communities. Through its efforts, the council fosters the growth and prosperity of minority business enterprises while promoting supplier diversity channels. Its impact extends beyond local borders, reaching national and international entities.





    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: $42
  • Program Service Revenue: $0
  • Gross Receipts: $1,382,907

    • Assets and Liabilities:
  • Total Assets: $349,713
  • Total Liabilities: $864,067
  • Net Assets: -$514,354
  • Organization Details

    Founding Year

    1972

    Principal Officer

    Brian Olgesby

    Main Address

    2000 HAMILTON STREET Suite 309, PHILADELPHIA, PA, 19130

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of Eastern Minority Supplier Development Council and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.