NonprofitsChicago Minority Supplier Development Council Inc

Community Improvement & Capacity Building

Chicago Minority Supplier Development Council Inc

CHICAGO, IL

Total revenue

$2.7M

Total expenses

$2.9M

Net assets

$1.0M

Grants received

$380K

11 grants

EIN

362815054

Tax year

2024

Mission

To increase corporate procurement for the minority business community.

Programs

5 programs

Cbof - to increase corporate procurement for the minority business community. Program services are provided through out the year through various technical assistance partnerships.

Expenses: $264K

Cook county small business source - this program features a network of over 50business support organizations (bso) and referral partners dedicated to supportingsmall businesses in any stage of development. This model of support prioritizesgetting businesses help when they need it. In addition to one-on-one advisingservices, the program also provides webinars, timely resources, and information forsmall businesses.

Expenses: $139K

Scholarship classic - an annual event that raises money to provide scholarships tochicago public school students pursuing higher education.

Expenses: $67KGrants: $3K

Certifications - cmsdc provides certifications to certain minority businessenterprises that provide the business with various benefits. Benefits include:national database inclusion, small business-to-business (b2b) exchanges, access tonetworking events, reduced fees to attend the chicago business opportunity forums(cbof), and various corporate matchmaking events/programs.

Expenses: $34K

All other programs

Financials

FY 2024

Revenue

Contributions & grants$891K
Program service revenue$1.8M
Investment income$613
Other revenue$36
Total revenue$2.7M

Expenses

Grants paid$279K
Salaries & benefits$1.0M
Fundraising
Other expenses$1.5M
Total expenses$2.9M
Total assets$1.9M
Net assets$1.0M

People

31 listed

NameRoleCompensation

DEBRA JENNINGS-JOHNSON

INTERIM PRES.

Board

$186K

40 hrs/wk

JOSE ROBLES-MICHELENA

EXECUTIVE VP

Board

$129K

40 hrs/wk

Yvette Moten

Secretary

Board

1 hrs/wk

BRIAN ORTIZ

Director

Board

1 hrs/wk

CHARLES HARRELL

Director

Board

1 hrs/wk

CAROL ATTAK

Director

Board

1 hrs/wk

CHERISE CONLEY

Treasurer

Board

1 hrs/wk

Kristin Malek

VICE CHAIR

Board

1 hrs/wk

Vasanthi Ilangovan

Director

Board

1 hrs/wk

Greg Salinas

ASSISTANT TREAS

Board

1 hrs/wk

DONNA BRIDGEFORTH

Director

Board

1 hrs/wk

JACKIE DYESS

ASSISTANT SECR.

Board

1 hrs/wk

ERIC DOBYME

Director

Board

1 hrs/wk

DAVID GUPTA

Director

Board

1 hrs/wk

KARMETRIA DUNHAM-BURTON

Director

Board

1 hrs/wk

Hans Debruijn

Director

Board

1 hrs/wk

Mark Hands

Director

Board

1 hrs/wk

KRISTEL TRAVIS

Director

Board

1 hrs/wk

RAYMOND DENNIS

Director

Board

1 hrs/wk

ROCHELLE TAYLOR

CERT. CTE.CHAIR

Board

1 hrs/wk

ROSI HASAN

Director

Board

1 hrs/wk

RUBY MCLEARY

Director

Board

1 hrs/wk

Rona Fourte

CHAIR

Board

1 hrs/wk

MONICA ARMSTRONG-BILLINGER

Director

Board

1 hrs/wk

Sharla Roberts

Director

Board

1 hrs/wk

Thomas McLeary

Director

Board

1 hrs/wk

Travis Latham

Director

Board

1 hrs/wk

SUSANA MEZA

Director

Board

1 hrs/wk

SUZI CABO

Director

Board

1 hrs/wk

WENDELL DAVIS

Director

Board

1 hrs/wk

WHEELER COLEMAN

Director

Board

1 hrs/wk

Independent contractors

DEBRA JENNINGS-JOHNSON

EXECUTIVE CONSULTING

$186K

JOHN D & CATHERINE T MACARTHUR FOUNDATION

LANDLORD

$109K

Grants received

Showing 11 of 11

FromAmountPurposeYear
$191K
BUSINESS SUPPORT ORGANIZATION PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENEURS.
2023
$10K
2023 EMPLOYEE COMMUNITY PARTNERSHIPS - AAWN
2023
$8K
Goldman Sachs 10,000 Small Business (GSK10KSB) referral sponsorship
2023
$5K
PATHWAY TO ACCELERATING CAPACITY INITIATIVE (PAC)
2023
$64K
BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENUERS.
2022
$35K
SUPPORT TO REGIONAL COUNCIL
2021
$15K
Goldman Sachs 10,000 Small Business (GSK10KSB) referral sponsorship.
2021
$6K
BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENUERS.
2021
$8K
Goldman Sachs 10,000 Small Business (GSK10KSB) referral sponsorship.
2020

Funded by

$380K from 5 funders · 11 grants · 2020–2023

Women's Business Development Center

$262K · 3 grants · 2021–2023

National Minority Supplier Development

$54K · 2 grants · 2021–2022

City Colleges of Chicago Foundation

$30K · 3 grants · 2020–2023

Fifth Third Chicagoland Foundation

$20K · 1 grant · 2022

The Allstate Foundation

$15K · 2 grants · 2023

Details

EIN362815054
NTEE codeS40Z
Subsection03
Ruling date1976-02
Formed1968
Employees9
Volunteers40
CHICAGO MINORITY SUPPLIER DEVELOPMENT COUNCIL INC — Mission, Financials & Grants Received | Grantivo