North Central Minority Supplier Devlopment Council

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

EIN: 363550790 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is North Central Minority Supplier Devlopment Council?

The North Central Minority Supplier Development Council is a nonprofit organization situated in Minneapolis, Minnesota. Its primary mission is to foster business opportunities for Minority Business Enterprises (MDEs) by offering workshops, panel discussions, and networking events in collaboration with corporate members and government entities. Through its Business Opportunity Exchange program, the council aims to help minority businesses expand their operations and build strong partnerships with corporations. The organization's core activity involves providing business development services to both corporate members and certified minority business enterprises, ultimately aiming to enhance relationships and maximize business opportunities.


Official website here: www.northcentralmsdc.org/

Is North Central Minority Supplier Devlopment Council legitimate?

North Central Minority Supplier Devlopment Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Central Minority Supplier Devlopment 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $185,449

For more financial information, click here


Official website here: www.northcentralmsdc.org/

What is the mission statement of North Central Minority Supplier Devlopment Council?

The North Central Minority Supplier Development Council's mission is centered around facilitating opportunities for minority-owned businesses. Specifically, their objective is to foster business development services for both corporate members and certified minority business enterprises. By doing so, they aim to strengthen relationships and maximize business opportunities for all parties involved. Their approach includes organizing workshops, panel discussions, and networking events through their Business Opportunity Exchange program, offering a platform for corporate members, government entities, and Minority Business Enterprises (MDEs) to connect and collaborate.


Official website here: www.northcentralmsdc.org/

Who is the CEO of North Central Minority Supplier Devlopment Council?

Heather Olson is the President/ Ceo of North Central Minority Supplier Devlopment Council. The CEO's salary of North Central Minority Supplier Devlopment Council is $0 and their total compensation is $0.


Official website here: www.northcentralmsdc.org/

What is the revenue of North Central Minority Supplier Devlopment Council?

North Central Minority Supplier Devlopment Council's revenue in 2022 was $944,500.


Official website here: www.northcentralmsdc.org/

Who are the executives of North Central Minority Supplier Devlopment Council and what are their salaries?

Here are 23 key members and their salaries (North Central Minority Supplier Devlopment Council's CEO's salary is $0 and their total compensation is $0):

    Heather Olson (President/ Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Minoo Seifoddini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Segal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alice Robera-Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Garness (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Dextra Hadnot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Lorzano Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bud Hanley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Boles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darren Harmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adonica Randall (Mbeic 2Nd Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Perma Patil (Mbeic 2Nd Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Tran (Mbeic 1St Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Open Position (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalie Mcgrady (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorenzo Bell (Second Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Veronica Johnson (First Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Taylor (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.northcentralmsdc.org/

    Where can I find the form 990 for North Central Minority Supplier Devlopment Council?

    The North Central Minority Supplier Devlopment Council’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.northcentralmsdc.org/

    Learn more at the official website: www.northcentralmsdc.org/

    Mission Statement of North Central Minority Supplier Devlopment Council

    The North Central Minority Supplier Development Council, in essence, is an organization committed to providing a platform for the growth and expansion of businesses owned by minorities. Its mission is twofold: firstly, it offers business development services to corporate members, aiming to foster strong relationships and maximize potential business opportunities. Secondly, it caters to certified minority business enterprises (MBEs), providing them with the necessary tools and resources to engage with corporate partners and expand their ventures. This is accomplished through the Business Opportunity Exchange, a program that offers workshops, panel discussions, and networking events, allowing corporate members, government entities, and MBEs to connect and collaborate effectively.

    Impact

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




    Thursday, August 15, 2024

    The North Central Minority Supplier Development Council creates impactful opportunities for minority businesses by facilitating connections with corporate partners and expanding their business reach. Through programs like the Business Opportunity Exchange, which offers workshops, panel discussions, and networking events for corporate members, government entities, and Minority Business Enterprises (MBEs), the council helps foster relationships and maximize business opportunities. Headquartered in Minneapolis, MN, the council's mission is to provide business development services that enhance relationships and create growth opportunities for both corporate members and certified minority business enterprises.





    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: $498
  • Program Service Revenue: $230,261
  • Gross Receipts: $944,500

    • Assets and Liabilities:
  • Total Assets: $658,383
  • Total Liabilities: $174,805
  • Net Assets: $483,578
  • Programs

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

    Certification

    Revenue

    $117,883

    Annual Meeting

    Revenue

    $37,325

    Buisness Oppertunity

    Revenue

    $31,903

    Industry Group

    Revenue

    $25,550

    Other Event Income

    Revenue

    $17,600

    Organization Details

    Founding Year

    1994

    Principal Officer

    Heather Olson

    Main Address

    111 Third Avenue South 375, Minneapolis, MN, 55401

    If you are a representative of North Central Minority Supplier Devlopment 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.