NonprofitsGeorgia Minority Supplier Development Council

Georgia Minority Supplier Development Council

ATLANTA, GA

Total revenue

$2.2M

Total expenses

$1.6M

Net assets

$4.1M

Grants received

$109K

7 grants

EIN

581828236

Tax year

2024

Mission

To foster and expand mutually beneficial economic opportunities between certified minority business enterprises (mbes) corporations, and government entities within the state of georgia; and to help build a stronger,

Programs

3 programs

Dekalb lsbe - provides backend support to the certification and compliance activities gmsdc offers technology to move from paper to online applications, provides 24/7 access to the lsbe database and reports and develops a compliance process to ensure appropriate use of lsbes on dekalb awarded contracts.

Expenses: $99K

Gmsdc academy - the workshop, training and skill development side of the organization. Focused on fulfilling the develop phase of the organiztions mission, the academy houses all of the training and education programs offered during the year for minority business enterprise firms to close any skill gaps that exist and enhance their chances for winning contracts in corporate supply chains.

Expenses: $109K

Minority business summit, mbeic, industry group

Expenses: $187K

Financials

FY 2024

Revenue

Contributions & grants$571K
Program service revenue$1.3M
Investment income$58K
Other revenue$313K
Total revenue$2.2M

Expenses

Grants paid$9K
Salaries & benefits$678K
Fundraising$182K
Other expenses$867K
Total expenses$1.6M
Total assets$4.3M
Net assets$4.1M

People

14 listed

NameRoleCompensation

STACEY KEY

PRESIDENT & CEO

Board

$304K

60 hrs/wk

TREMESE DAVIS

BOARD MEMBER

Board

1 hrs/wk

NEDRA DICKSON

BOARD MEMBER

Board

1 hrs/wk

RAVEN SMITH

BOARD MEMBER

Board

1 hrs/wk

DAVID BRAXTON

BOARD MEMBER

Board

1 hrs/wk

VALERIE NESBITT

BOARD MEMBER

Board

1 hrs/wk

KEN TAUNTON

BOARD MEMBER

Board

1 hrs/wk

DOUGLAS BURRELL

BOARD MEMBER

Board

1 hrs/wk

FERNANDO HERNANDEZ

BOARD MEMBER

Board

1 hrs/wk

KEITH AMBERSLEY

TREASURER

Board

1 hrs/wk

CLOVICE VAUGHN

SECRETARY

Board

1 hrs/wk

ADAM WALKER

BOARD MEMBER

Board

1 hrs/wk

VICKI IRWIN-AVERY

CHAIRMAN

Board

1 hrs/wk

JACK MCPHERSON

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$15K
CHARITABLE DONATION
2023
$15K
CHARITABLE DONATION
2022
$35K
SUPPORT TO REGIONAL COUNCIL
2021
$15K
CHARITABLE DONATION
2021
$1K
This is an unrestricted donation. The organization can use the funds as needed in furtherance of its charitable purpose.
2021

Funded by

$109K from 3 funders · 7 grants · 2021–2023

National Minority Supplier Development

$64K · 3 grants · 2021–2023

Charities Aid Foundation America

$44K · 3 grants · 2021–2023

United Community Bank Foundation

$1K · 1 grant · 2021

Details

EIN581828236
Subsection03
Ruling date1989-06
Formed1987
Employees0
Volunteers25
GEORGIA MINORITY SUPPLIER DEVELOPMENT COUNCIL — Mission, Financials & Grants Received | Grantivo