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Houston Minority Business Council

Hmsdc

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

EIN: 760458224 ✦ Houston, TX ✦ Designated as a 501(c)(3)

Overview

What is Houston Minority Business Council?

The Houston Minority Business Council (HMSDC) is a nonprofit organization situated in Houston, Texas. Its primary mission is to foster business growth and opportunities for Minority Business Enterprises (MBEs). HMSDC achieves this goal by verifying minority ownership and management, maintaining a database of certified firms, and their respective capabilities. Regular events such as expos, quarterly luncheons, and business opportunity marketplaces offer valuable information, insights, and guidance to MBEs, helping them navigate the ever-evolving marketplace. These events also provide major corporations with direct contact with MBE leaders, promoting understanding and support, thereby overcoming racial biases and stimulating economic development in impoverished communities. In 2021, over 5,000 individuals participated in these events. HMSDC is committed to driving excellence in supplier diversity and supplier development, with a workforce of 10 individuals.


Official website here: www.hmsdc.org

Is Houston Minority Business Council legitimate?

Houston Minority Business Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Minority Business 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: $595,349

For more financial information, click here


Official website here: www.hmsdc.org

What is the mission statement of Houston Minority Business Council?

The Houston Minority Business Council's mission is centered around actively engaging its members in initiatives to enhance and expand business prospects for Minority Business Enterprises. This organization strives to foster excellence in supplier diversity and supplier development. Through certification, maintaining a database of certified firms, and organizing events such as business opportunity marketplaces and luncheons, HMBC provides Minority Business Owners with valuable information, insights, and guidance to expand their businesses. These events also offer major corporations direct contact with minority business leaders, promoting a better understanding and support, essential in overcoming racial biases and stimulating economic development in underprivileged communities. In 2021, over 5,000 individuals participated in these events.


Official website here: www.hmsdc.org

Who is the CEO of Houston Minority Business Council?

Ingrid Robinson is the President of Houston Minority Business Council.


Official website here: www.hmsdc.org

What is the revenue of Houston Minority Business Council?

Houston Minority Business Council's revenue in 2022 was $1,744,261.


Official website here: www.hmsdc.org

Who are the executives of Houston Minority Business Council and what are their salaries?

The average compensation at Houston Minority Business Council during 2022 was $59,535. There are 10 employees and 125 volunteers at Houston Minority Business Council.

Here are 19 key members and their salaries:

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

    • Keith Davis Sr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Brownrigg (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

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

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

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

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

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

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

    • Christine Mack (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Debra Johnson (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Perillo (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Ingrid Robinson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hmsdc.org

    Where can I find the form 990 for Houston Minority Business Council?

    The Houston Minority Business Council’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hmsdc.org

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

    Mission Statement of Houston Minority Business Council

    The Houston Minority Business Council (HMBC) is committed to fostering involvement among its members in initiatives aimed at boosting business prospects and expansion for Minority Business Enterprises (MBEs). The organization's primary mission is to promote excellence in supplier diversity and supplier development, thereby amplifying opportunities for MBEs.

    In pursuit of this mission, HMBC takes on various responsibilities. One of these is the certification of minority ownership and management, ensuring that legitimate businesses are recognized and supported. Additionally, HMBC maintains an extensive database of certified firms and their capabilities, acting as a reliable resource for corporations seeking to engage with MBEs.

    HMBC hosts a series of events aimed at equipping minority business owners with the necessary tools and knowledge to thrive in a dynamic marketplace. These events, such as the Expo 2021 Business Opportunity Marketplace and quarterly luncheons, provide insights and guidance on business growth. Moreover, these events offer major corporations direct contact with MBE leaders, stimulating understanding and support, and helping to overcome racial biases. In 2021, over 5,000 individuals participated in these events, demonstrating the organization's significance in driving economic development in underprivileged communities.

    Impact

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




    Saturday, July 20, 2024

    The Houston Minority Business Council's impact is significant in driving excellence in supplier diversity and supplier development. By certifying minority ownership and management, maintaining a database of certified firms and their capabilities, and hosting events like Expo 2021 Business Opportunity Marketplace and quarterly luncheons, the council provides minority business owners with valuable information, insight, and guidance on growing their businesses and adapting to a changing marketplace. Additionally, these events facilitate direct contact between major corporations and minority business leaders, helping to increase sensitivity, understanding, and support, which is crucial in overcoming racial biases and stimulating economic development in impoverished communities. Over 5,000 individuals attended these events in 2021, highlighting the council's wide-reaching impact in promoting minority business growth and inclusion.





    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: $226
  • Program Service Revenue: $348,898
  • Gross Receipts: $1,744,261

    • Assets and Liabilities:
  • Total Assets: $1,294,027
  • Total Liabilities: $347,878
  • Net Assets: $946,149
  • Programs

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

    MBE CERTIFICATIONS

    Revenue

    $348,898

    Organization Details

    Founding Year

    1995

    Principal Officer

    Ingrid Robinson

    Main Address

    Three Riverway STE 555, Houston, TX, 77056

    NTEE Category

    Code: R22 - Civil rights

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