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Ohio Minority Supplier Development Council

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

EIN: 311022688 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

Overview

What is Ohio Minority Supplier Development Council?

The Ohio Minority Supplier Development Council is a nonprofit organization situated in Columbus, Ohio. Its primary mission is to certify businesses as minority enterprises and encourage corporations within the state to boost their procurement of goods and services from such companies. To achieve this goal, the council offers educational, managerial, and technical assistance to minority-owned businesses. By serving as a bridge between the corporate buying sector and the minority business community, the Ohio Minority Supplier Development Council aims to support the growth and success of minority-owned enterprises in the state. The organization currently employs a team of six dedicated individuals.


Official website here: www.scomsdc.org

Is Ohio Minority Supplier Development Council legitimate?

Ohio Minority Supplier Development Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio 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: $136,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $326,711

For more financial information, click here


Official website here: www.scomsdc.org

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

The Ohio Minority Supplier Development Council's mission is centered around facilitating collaboration between corporations and minority-owned businesses. Their primary objective is to boost the purchase of goods and services from these minority companies. Additionally, they offer educational, managerial, and technical assistance to strengthen the capabilities of these minority businesses. In essence, they act as a liaison, linking the corporate buying sector with the minority business community, thereby fostering growth and opportunities for both parties.


Official website here: www.scomsdc.org

Who is the CEO of Ohio Minority Supplier Development Council?

George R Simms is the Presidentceo of Ohio Minority Supplier Development Council. The CEO's salary of Ohio Minority Supplier Development Council is $136,000 and their total compensation is $136,000.


Official website here: www.scomsdc.org

What is the revenue of Ohio Minority Supplier Development Council?

Ohio Minority Supplier Development Council's revenue in 2022 was $1,055,161.


Official website here: www.scomsdc.org

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

The average compensation at Ohio Minority Supplier Development Council during 2022 was $77,118. There are 6 employees and 6 volunteers at Ohio Minority Supplier Development Council.

Here are 19 key members and their salaries (Ohio Minority Supplier Development Council's CEO's salary is $136,000 and their total compensation is $136,000):

    George R Simms (Presidentceo)
  • Compensation: $136,000
  • Related: $0
  • Other: $0

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

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

    • Carl Satterwhite (Cin Mbeic Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Martinez-Giering (Cle Mbeic Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Milton Mcintyre (Toledo Mbeic Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynnise Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Dawkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlton Dean Iii (Columbus Mbeic Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angel Colon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Winston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elly Bradford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clifford A Bailey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Berlon Hamilton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Hatcher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abigail Kofete (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael R Oboyle (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Proffitt (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.scomsdc.org

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

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


    Official website here: www.scomsdc.org

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

    Mission Statement of Ohio Minority Supplier Development Council

    The Ohio Minority Supplier Development Council is dedicated to facilitating collaborative efforts among corporations within the State of Ohio. Its primary mission is to boost the number of purchases of goods and services from businesses owned by minorities. Beyond this, the council also offers educational, managerial, and technical assistance to these minority-owned companies. In essence, the Ohio Minority Supplier Development Council serves as a bridge between the corporate buying sector and the minority business community, aiming to foster mutual growth and prosperity.

    Impact

    This information is meant to be a general summary of Ohio 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

    Ohio Minority Supplier Development Council's impact lies in its crucial role in facilitating connections between corporations in Ohio and minority-owned businesses. By certifying business enterprises as minority-owned, the council opens up opportunities for these businesses to secure contracts and partnerships with larger corporations. This not only benefits the individual minority businesses by increasing their visibility and revenue but also contributes to the overall economic empowerment of minority communities in Ohio. Additionally, the educational, managerial, and technical assistance provided by the council helps these minority businesses grow and thrive in the competitive marketplace. Through its efforts, Ohio Minority Supplier Development Council is actively working towards improving the economic landscape and fostering a more inclusive business environment in Ohio.





    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: $227,646
  • Gross Receipts: $1,055,161

    • Assets and Liabilities:
  • Total Assets: $599,846
  • Total Liabilities: $216,086
  • Net Assets: $383,760
  • Programs

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

    MBE Support and Fees

    Revenue

    $227,646

    Organization Details

    Founding Year

    1972

    Principal Officer

    George R Simms

    Main Address

    100 East Broad Street STE 2460, Columbus, OH, 43215

    NTEE Category

    Code: S43Z - Community improvement

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