Public Charity

NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC

NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC is a nonprofit organization categorized as Public Charity based in NEW YORK, NY. Its most recent IRS filing (2024) reports revenue of $29.7M, expenses of $31.7M, total assets of $10.8M. Imperigo tracks 31 reported grant relationships connected to this organization totaling approximately $1.5M.

EIN: 237348220 NEW YORK, NY Arts, Culture & Humanities N.E.C. NTEE: A99 Latest filing: 2024
Total Revenue$29.7M
Total Expenses$31.7M
Total Assets$10.8M
Grant Records31
Funding Total$1.5M
Filing Years2020–2024

Mission

THE NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL ADVANCES BUSINESS OPPORTUNITIES FOR CERTIFIED MINORITY BUSINESS ENTERPRISES AND CONNECTS THEM TO CORPORATE MEMBERS.

Where $100 goes at National Minority Supplier Development Council Inc

How National Minority Supplier Development Council Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$80 Programs the work itself
$19 Management running the organization
$1 Fundraising raising the next dollar

Inside the $80 for programs

$32
Field services
41% of program spending
$23
Annual conference & exchange
28% of program spending
$14
"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…
17% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Anjali Ramakumaran
DIRECTOR Anu Saxena
DIRECTOR Barbara Kubicki
DIRECTOR Bonnie Nijst
TREASURER Brian Downer
DIRECTOR Carlton L Oneal

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,121,288 16 grants
Fundraising & Sponsorship
$244,013 10 grants
Education
$50,000 1 grant
Public Safety & Disaster Relief
$50,000 1 grant
Economic Development
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $29.7M $31.7M $10.8M
2023 $31.2M $33.1M $13.2M
2022 $27.3M $26.7M $15.9M
2021 $19.1M $17.4M $14.2M
2020 $13.8M $13.9M $11.6M

Between 2020 and 2024, reported annual revenue grew from $13.8M to $29.7M (+115%), with total assets most recently reported at $10.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC

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