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Chicago Minority Supplier Development Council

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

EIN: 362815054 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Chicago Minority Supplier Development Council?

The Chicago Minority Supplier Development Council is a nonprofit organization situated in Chicago, Illinois, specifically at 216 W JACKSON BLVD 600. Their primary mission is to foster opportunities in contracting and financing for Minority Business Enterprises (MBEs), thereby positively impacting their business and ownership prospects. By promoting corporate procurement for the minority business sector, they aim to contribute significantly to this community. With a team of 16 dedicated individuals, the council is committed to its objective, working tirelessly to make a notable difference.


Official website here: www.affiliate.nmsdc.org/chicagomsdc

Is Chicago Minority Supplier Development Council legitimate?

Chicago Minority Supplier Development Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,326,215

For more financial information, click here


Official website here: www.affiliate.nmsdc.org/chicagomsdc

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

The Chicago Minority Supplier Development Council's mission is centered around promoting increased corporate procurement opportunities for businesses owned by minorities. In essence, their goal is to bridge the gap between these minority-owned enterprises and corporate procurement, thereby creating more business opportunities for the former. They provide valuable services, such as identifying potential contracts and financing, which can positively impact the growth and sustainability of minority business enterprises.


Official website here: www.affiliate.nmsdc.org/chicagomsdc

Who is the CEO of Chicago Minority Supplier Development Council?

Thomas Mcleary is the Treasurer of Chicago Minority Supplier Development Council.


Official website here: www.affiliate.nmsdc.org/chicagomsdc

What is the revenue of Chicago Minority Supplier Development Council?

Chicago Minority Supplier Development Council's revenue in 2021 was $3,861,380.


Official website here: www.affiliate.nmsdc.org/chicagomsdc

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

The average compensation at Chicago Minority Supplier Development Council during 2021 was $82,888. There are 16 employees at Chicago Minority Supplier Development Council.

Here are 30 key members and their salaries:

    Yvette Moten (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bridget Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Cabrera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joan-Carlesbrugue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daphanie Pointer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristin Malek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Bridgforth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vasanthi Ilangovan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Salinas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Meeks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Barreda (Executive Vp) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bianca Hester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wil Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy April-Rush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hans Debruijn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Hands (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latonya Fourte Lyle (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Gaines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Wiggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rico Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rita Curtin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rona Fourte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Kozlowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharla Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Mcleary (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travis Latham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tricia Wynn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Byron Witherspoon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Frost (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.affiliate.nmsdc.org/chicagomsdc

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

    The Chicago Minority Supplier Development Council’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.affiliate.nmsdc.org/chicagomsdc

    Learn more at the official website: www.affiliate.nmsdc.org/chicagomsdc

    Mission Statement of Chicago Minority Supplier Development Council

    The Chicago Minority Supplier Development Council, as a nonprofit organization, is committed to a mission that aims to boost corporate procurement opportunities for businesses within the minority community. In simpler terms, this council works tirelessly to create and facilitate business prospects and financing opportunities that positively impact the growth of minority-owned enterprises. By providing these opportunities, the council contributes to the empowerment and sustainability of minority businesses, thereby promoting economic diversity and equality.

    Impact

    This information is meant to be a general summary of Chicago 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 Chicago Minority Supplier Development Council plays a crucial role in increasing corporate procurement opportunities for minority business enterprises in the local community. Through their activities and programs, they provide essential opportunity identification services for contracts and financing, positively impacting the growth and ownership opportunities for minority-owned businesses. This results in a direct and tangible improvement in the economic prospects and sustainability of minority entrepreneurs in Chicago, ultimately contributing to the overall improvement of the community.





    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 2021.

  • Investment Income: $438
  • Program Service Revenue: $0
  • Gross Receipts: $3,861,380

    • Assets and Liabilities:
  • Total Assets: $1,146,742
  • Total Liabilities: $210,318
  • Net Assets: $936,424
  • Organization Details

    Founding Year

    1968

    Principal Officer

    Thomas Mcleary

    Main Address

    216 W JACKSON BLVD 600, CHICAGO, IL, 60606

    NTEE Category

    Code: S40Z - Community improvement

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