NonprofitsFlorida State Minority Supplier Development Council Inc

Florida State Minority Supplier Development Council Inc

MIAMI SHORES, FL

Total revenue

$3.5M

Total expenses

$3.3M

Net assets

$2.0M

Grants received

$447K

9 grants

EIN

591746154

Tax year

2024

Mission

The Mission of Florida State Minority Supplier Development Council (FSMSDC)is to link corporate and government members with Minority Business Enterprises to foster equity in business.

Financials

FY 2024

Revenue

Contributions & grants$2.3M
Program service revenue$1.1M
Investment income
Other revenue$70K
Total revenue$3.5M

Expenses

Grants paid
Salaries & benefits$1.9M
Fundraising
Other expenses$1.5M
Total expenses$3.3M
Total assets$2.4M
Net assets$2.0M

People

18 listed

NameRoleCompensation

Beatrice S Louissant

PresidentCEO

Board

$178K

40 hrs/wk

Monica Cupid

Vice President of Operations

Board

$106K

40 hrs/wk

Erasmo Acosta

Chief Financial Officer

Board

$105K

40 hrs/wk

Desiree Hanson

Chair

Board

2 hrs/wk

Mary Mayhew

2nd Vice Chair

Board

2 hrs/wk

Jack Greene

Treasurer

Board

2 hrs/wk

Anthea Pennant

Secretary

Board

40 hrs/wk

Nat Martin III

Assistant Treasurer

Board

2 hrs/wk

Abel Herrera

MBE Input Committee Chair

Board

2 hrs/wk

Brian Butler

Board Member

Board

2 hrs/wk

Dionne Lawson-Vidal

Board Member

Board

2 hrs/wk

Jay Narang

Board Member

Board

2 hrs/wk

Quibulah A Graham

Board Member

Board

2 hrs/wk

Leonard Spencer

Board Member

Board

2 hrs/wk

Lindsay Collazo CPPB III

Board Member

Board

2 hrs/wk

Tonja Graham

Board Member

Board

2 hrs/wk

Susana Robledo

Board Member

Board

2 hrs/wk

Oswaldo Soto

Board Member

Board

2 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$150K
PROGRAM SUPPORT
2024
$150K
PROGRAM SUPPORT
2023
$10K
GENERAL SUPPORT
2023
$25K
PROGRAM SUPPORT
2022
$10K
SOCIAL JUSTICE AND RACIAL EQUITY
2020
$2K
EMPLOYEE MATCHING GIFTS
2020
$20K
STRENGTHENING PEOPLE, PROCESSES, PARTNERSHIPS & PROFITS FOR MICRO-SIZED MINORITY-OWNED BUSINESSES
2019
$5K
PROVIDE SUPPORT FOR THE MISSION OF FOSTERING BUSINESS DEVELOPMENT AND EXPANSION FOR MINORITY BUSINESS ENTERPRISES.
2019

Funded by

$447K from 6 funders · 9 grants · 2019–2024

The Miami Foundation Inc

$325K · 3 grants · 2022–2024

Peacock Foundation Inc

$20K · 1 grant · 2019

Duke Energy Foundation

$12K · 2 grants · 2020

University of Miami

$10K · 1 grant · 2023

Details

EIN591746154
Subsection03
Ruling date1987-03
Formed1975
Employees20
FLORIDA STATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC — Mission, Financials & Grants Received | Grantivo