NonprofitsNational Minority Supplier Development Council Inc

Arts, Culture & Humanities

National Minority Supplier Development Council Inc

NEW YORK, NY

Total revenue

$29.7M

Total expenses

$31.7M

Net assets

$5.4M

Grants received

$2.3M

38 grants

EIN

237348220

Tax year

2024

Mission

The national minority supplier development council advances business opportunities for certified minority business enterprises and connects them to corporate members.

Programs

3 programs

Annual conference & exchange: connects nmsdc-certified minority business enterprises (mbes) with national/local corporate members, government entities, nonprofits, and other buyers to increase the inclusion of mbes in the u.s. Supply chain. Additionally, mbes are connected to education, capital, contracts, and other growth and development activities to ensure mbes are poised and ready to enter and expand their presence in the u.s. Supply chain, while national/local corporate members are connected to education on how to expand their supplier diversity programs.

Expenses: $7.2M

"corporate success, mbe services & programs:centers of excellence certificate program: a 12-month innovative and rigorous diverse vendor business development initiative to facilitate the development and growth of nmsdc-certified mbes with $1 million to less than $10 million in sales to become more prepared to compete effectively and win larger contracts with corporations, anchor institutions, and government agencies.acres: cultivating equity in black agriculture: a 12-week program designed to help black minority business enterprises (mbes) in the agriculture industry grow their capacity to take on major national contracts with nmsdc corporate members.nmsdc cyberpro training network: an extensive training curriculum designed for small and medium-sized businesses, helping them establish a prioritized security program for resilience against cyber-attacks.emerging young entrepreneurs program: a year-long program created to support gen z and millennial minority entrepreneurs between the ages of 19-35.mbe center for accelerated growth, innovation, and resiliency: a new transformation center, funded in part by the minority business development agency (mbda) capital readiness grant, to deliver comprehensive contract and capital readiness programming nationally through the nmsdc network. The program brings together network members as well as leading minority business nonprofits and government agencies committed to scaling mbes.capital managers program: a transformative initiative that unlocks a gateway to the resources and support system critical for achieving entrepreneurial dreams. Nmsdc has created a comprehensive database of capital firms with an ethnic minority founder and/or a focus on the minority business ecosystem."

Expenses: $4.3M

Minority business economic forum: connects the most influential policymakers, academics, business, and community leaders in the u.s. To discuss the systemic barriers mbes face in growing their businesses and creating generational wealth. This event provides a unique opportunity to propose solutions to overcome those barriers and promote an inclusive economy that works for all.

Expenses: $3.5MGrants: $266K

Financials

FY 2024

Revenue

Contributions & grants$9.3M
Program service revenue$19.9M
Investment income$179K
Other revenue$369K
Total revenue$29.7M

Expenses

Grants paid$266K
Salaries & benefits$6.5M
Fundraising$31K
Other expenses$24.9M
Total expenses$31.7M
Total assets$10.8M
Net assets$5.4M

People

37 listed

NameRoleCompensation

YING MCGUIRE

PRESIDENT

Board

$533K

40 hrs/wk

KALA GIBSON

CHAIRMAN

Board

3 hrs/wk

PAULA GLICKENHAUS

DIRECTOR

Board

1 hrs/wk

KINDLE GOODSON

DIRECTOR

Board

1 hrs/wk

JENNIFER GUO

DIRECTOR

Board

1 hrs/wk

I JAVETTE HINES

DIRECTOR

Board

1 hrs/wk

WILLIAM KAPFER

DIRECTOR

Board

1 hrs/wk

BARBARA KUBICKI

DIRECTOR

Board

1 hrs/wk

TARBINLAM LAFON

DIRECTOR

Board

1 hrs/wk

FIROZ LALJI

DIRECTOR

Board

1 hrs/wk

MIKE LAPHAM

DIRECTOR

Board

1 hrs/wk

CHRIS LAYDEN

DIRECTOR

Board

1 hrs/wk

TRICIA MILLER

DIRECTOR

Board

1 hrs/wk

KENDRA BURRIS-AUSTIN

DIRECTOR

Board

1 hrs/wk

KENNEDY OATES

DIRECTOR

Board

1 hrs/wk

CARLTON L ONEAL

DIRECTOR

Board

1 hrs/wk

JORGE PLASENCIA

DIRECTOR

Board

1 hrs/wk

ANJALI RAMAKUMARAN

DIRECTOR

Board

1 hrs/wk

GEORGE RICHTER

SECRETARY

Board

3 hrs/wk

REGENIA R SANDERS

DIRECTOR

Board

1 hrs/wk

ANU SAXENA

DIRECTOR

Board

1 hrs/wk

PHIL SEIDLER

DIRECTOR

Board

1 hrs/wk

JENNIFER SHOMENTA

DIRECTOR

Board

1 hrs/wk

MARVIN WASHINGTON

DIRECTOR

Board

1 hrs/wk

SUSANNA WEBBER

VICE CHAIRMAN

Board

3 hrs/wk

GERALD YOUNGBLOOD

DIRECTOR

Board

1 hrs/wk

BONNIE NIJST

DIRECTOR

Board

1 hrs/wk

TERRENCE CLARK

DIRECTOR

Board

1 hrs/wk

MAURICE COFFEY

DIRECTOR

Board

1 hrs/wk

BRIAN DOWNER

TREASURER

Board

3 hrs/wk

JACQUELINE DYESS

DIRECTOR

Board

1 hrs/wk

TIFFANY EUBANKS-SAUNDERS

DIRECTOR

Board

1 hrs/wk

LEAHANNE THOMAS

COO

Staff

$281K

40 hrs/wk

PAULINE GEBON

VICE PRESIDENT

Staff

$255K

40 hrs/wk

STEFAN BRADHAM

VICE PRESIDENT

Staff

$211K

40 hrs/wk

LISA MORRIS

VICE PRESIDENT

Staff

$202K

40 hrs/wk

JETHEDA HERNANDEZ

SENIOR DIRECTOR

Staff

$179K

40 hrs/wk

Independent contractors

ABCD & COMPANY LLC

EVENT SERVICES

$4.1M

REPUBLICA HAVAS LLC

EVENT SERVICES

$1.3M

21ST CENTURY EXPO GROUP

EVENT SERVICES

$1.0M

IDATALYTICS LLC

CONSULTANT

$448K

ADAPTONE

CONSULTANT

$240K

Grants received

Showing 38 of 38

FromAmountPurposeYear
$167K
PROGRAMMATIC SUPPORT FOR LAUNCHPAD
2024
$70K
GENERAL SUPPORT
2024
$44K
GENERAL SUPPORT
2024
$31K
General Support
2024
$22K
Financial Assistance
2024
$20K
Sponsorship of annual conference
2024
$10K
TO CONTINUE EVOLVING KNIGHT'S SUPPLIER DIVERSITY PROGRAM WITH THE GOAL OF GAINING ACCESS TO CERTIFIED MINORITY VENDORS AND SHARING BEST PRACTICES WITH PEER FOUNDATIONS AND OTHER CORPORATE PARTNERS.
2024
$167K
PROGRAMMATIC SUPPORT FOR LAUNCHPAD
2023
$124K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2023
$50K
COMMUNITY/DISASTER RELIEF GRANT
2023
$30K
Sponsorship of annual conference
2023
$19K
Financial Assistance
2023
$10K
BUSINESS GRANT
2023
$9K
TO SUPPORT THE EVOLUTION OF KNIGHTS SUPPLIER DIVERSITY PROGRAM WITH NMSDCS THOUGHT LEADERSHIP IN THIS FIELD AND PROVIDE ACCESS TO DIVERSE SUPPLIERS THROUGH NMSDC CENTRAL.
2023
$9K
TO SUPPORT THE EVOLUTION OF KNIGHTS SUPPLIER DIVERSITY PROGRAM WITH NMSDCS THOUGHT LEADERSHIP IN THIS FIELD AND PROVIDE ACCESS TO DIVERSE SUPPLIERS THROUGH NMSDC CENTRAL.
2023
$9K
Sponsorship
2023
$5K
NMSDC'S ADVANCED MANAGEMENT EXECUTIVE PROGRAM (AMEP) AT NORTHWESTERN UNIVERSITY'S KELLOGG SCHOOL OF MANAGEMENT
2023
$50K
IMPROVE ACCESS TO FRESH, HEALTHY FOOD FOR VULNERABLE POPULATIONS
2022
$50K
IMPROVE ACCESS TO FRESH, HEALTHY FOOD FOR VULNERABLE POPULATIONS
2022
$30K
Sponsorship of conference and business opportunity exchange
2022
$19K
Financial Assistance
2022
$13K
MINORITY DEVELOPMENT
2022
$9K
TO SUPPORT THE COUNCIL'S WORK TO INCREASE THE NUMBER OF CERTIFIED MINORITY VENDORS AND EDUCATING PEER FOUNDATION'S AND CORPORATE PARTNERS WITH BEST PRACTICES.
2022
$6K
PUBLIC, SOCIETAL BENEFIT
2022
$19K
Financial Assistance
2021
$9K
GENERAL SUPPORT
2021
$500K
DIVERSITY-INCLUSION
2020
$100K
CHARITABLE DONATION
2020
$50K
FUNDING SUPPORTS THE NMSDC'S IN THIS TOGETHER CAMPAIGN
2020
$40K
Sponsorship of the "In This Together" Campaign and national conference
2020
$9K
ANNUAL OPERATIONS
2020
$30K
Sponsorship of the annual conference
2019

Funded by

$2.3M from 20 funders · 38 grants · 2019–2024

American Online Giving Foundation Inc

$583K · 6 grants · 2019–2024

Ge Foundation

$500K · 1 grant · 2020

The Blackstone Charitable Foundation

$333K · 2 grants · 2023–2024

Aarp

$150K · 5 grants · 2019–2024

Communities Foundation Of Texas Inc

$124K · 1 grant · 2023

Charities Aid Foundation America

$100K · 1 grant · 2020

UNFI Foundation

$100K · 2 grants · 2022

Assurant Foundation

$79K · 4 grants · 2021–2024

Details

EIN237348220
NTEE codeA99Z
Subsection03
Ruling date1974-01
Formed1973
Employees58
Volunteers192
NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC — Mission, Financials & Grants Received | Grantivo