Public Charity

CHICAGO MINORITY SUPPLIER DEVELOPMENT COUNCIL

Based in CHICAGO, IL, CHICAGO MINORITY SUPPLIER DEVELOPMENT COUNCIL operates as a Public Charity. The organization reported $2.7M in revenue, $2.9M in expenses, $1.9M in total assets for fiscal year 2024. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $552K.

EIN: 362815054 CHICAGO, IL Business & Industry NTEE: S40 Latest filing: 2024
Total Revenue$2.7M
Total Expenses$2.9M
Total Assets$1.9M
Grant Records10
Funding Total$552K
Filing Years2019–2024

Mission

To increase corporate procurement for the minority business community.

Where $100 goes at Chicago Minority Supplier Development Council

How Chicago Minority Supplier Development Council divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$51 Programs the work itself
$49 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $51 for programs

$29
Mbda
57% of program spending
$11
Cbof
21% of program spending
$6
Cook county small business source
11% of program spending

Plus 3 more programs. 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.

Sample Grants Received

2024
BUSINESS SUPPORT ORGANIZATION PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENEURS.
$156,817
2024
CHARITABLE DONATION
$50,000
2023
BUSINESS SUPPORT ORGANIZATION PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENEURS.
$191,043
2023
Goldman Sachs 10,000 Small Business (GSK10KSB) referral sponsorship
$7,500
2022
BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENUERS.
$64,387

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

Director Brian Ortiz
Director Carol Attak
Director Charles Harrell
Treasurer Cherise Conley
Director David Gupta
INTERIM PRES. Debra Jennings-Johnson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$418,347 4 grants
General Support
$85,000 2 grants
Fundraising & Sponsorship
$30,000 3 grants
Unspecified
$18,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.7M $2.9M $1.9M
2023 $3.3M $3.0M $1.6M
2022 $3.2M $3.2M $1.3M
2020 $4.6M $3.6M $2.1M
2019 $3.6M $3.5M $981K

Between 2019 and 2024, reported annual revenue declined from $3.6M to $2.7M (-26%), with total assets most recently reported at $1.9M.

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

See the full picture for CHICAGO MINORITY SUPPLIER DEVELOPMENT COUNCIL

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