NonprofitsHouston Minority Business Council Inc

Civil Rights, Social Action & Advocacy

Houston Minority Business Council Inc

HOUSTON, TX

Total revenue

$2.0M

Total expenses

$2.0M

Net assets

$1.1M

Grants received

$543K

10 grants

EIN

760458224

Tax year

2024

Mission

The mission of HMSDC is to actively involve its members in efforts that will increase and expand business opportunities and business growth for Minority Business Enterprises and to drive excellence in supplier diversity and supplier development.

Programs

2 programs

Education and development - hmsdc provides local and national conferences, seminars, and workshops to educate minority business owners on contemporary business and management skills and to educate major corporations on diversity issues.

Expenses: $853K

The mbe executive scholarship program raises funds, then awards those funds to minority business owners to encourage and faciliate their continued education in areas specific to their next stage of business development.

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue$599K
Investment income$5K
Other revenue
Total revenue$2.0M

Expenses

Grants paid
Salaries & benefits$1.1M
Fundraising$114K
Other expenses$946K
Total expenses$2.0M
Total assets$1.7M
Net assets$1.1M

People

14 listed

NameRoleCompensation

INGRID ROBINSON

PRESIDENT

Board

$218K

40 hrs/wk

ANDY TANDON

VICE PRESIDENT

Board

1 hrs/wk

CHRISTINE MACK

SECRETARY

Board

1 hrs/wk

DAVID WILSON

CHAIRMAN

Board

1 hrs/wk

CARLA KNEIPP

BOARD MEMBER

Board

1 hrs/wk

JULIE DIEHL

BOARD MEMBER

Board

1 hrs/wk

MICHAEL ZHANG

BOARD MEMBER

Board

1 hrs/wk

NADEEM MAZHAR

BOARD MEMBER

Board

1 hrs/wk

NELLIS WILLHITE II

BOARD MEMBER

Board

1 hrs/wk

NANNETTE RAY

TREASURER

Board

1 hrs/wk

TAM NGUYEN

BOARD MEMBER

Board

1 hrs/wk

KATHY HALL

BOARD MEMBER

Board

1 hrs/wk

TOM SIMS

BOARD MEMBER

Board

1 hrs/wk

DAVID WILSON

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$10K
GENERAL SUPPORT
2024
$120K
IN SUPPORT OF EXPANDING ITS ABILITY TO PROVIDE TECHNICAL ASSISTANCE SERVICES TO A LARGER PORTION OF DISADVANTAGED SMALL BUSINESSES IN HOUSTON, TX
2023
$75K
GENERAL SUPPORT
2023
$290
PROGRAM/OPERATING SUPPORT
2023
$300K
IN SUPPORT OF EXPANDING ITS ABILITY TO PROVIDE TECHNICAL ASSISTANCE SERVICES TO A LARGER PORTION OF DISADVANTAGED SMALL BUSINESSES IN HOUSTON, TX
2022
$5K
Program Support
2022
$5K
Program Support
2021
$4K
PROGRAM SUPPORT
2020
$4K
PROGRAM SUPPORT
2020

Funded by

$543K from 6 funders · 10 grants · 2020–2024

The Rockefeller Foundation

$420K · 2 grants · 2022–2023

Baker Hughes Foundation

$75K · 1 grant · 2023

Enterprise Holdings Foundation

$18K · 4 grants · 2020–2022

Impactassetsinc

$10K · 1 grant · 2024

Details

EIN760458224
NTEE codeR22
Subsection03
Ruling date1996-09
Formed1995
Employees12
Volunteers130
HOUSTON MINORITY BUSINESS COUNCIL INC — Mission, Financials & Grants Received | Grantivo