2023-11-15T15:13:39-06:00 2022-12-31 132781641 MITCHELL & TITUS LLP 80 PINE STREET NEW YORK NY 10005 990 2022-01-01 237348220 NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC NATI 2129442430 1345 6TH AVE 2ND FL STE 2049 2050 NEW YORK NY 10105 YING MCGUIRE PRESIDENT 2129442430 2023-11-15 1 YING MCGUIRE 999009999 0 FREDERICK E DAVIS JR P00446023 2127094500 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z YING MCGUIRE 1345 6TH AVE 2ND FL STE 2049 2050 NEW YORK NY 10105 28284831 0 X WWW.NMSDC.ORG X 1973 IL THE NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL ADVANCES BUSINESS OPPORTUNITIES FOR CERTIFIED MINORITY BUSINESS ENTERPRISES AND CONNECTS THEM TO CORPORATE MEMBERS. 34 33 37 250 0 0 4690129 9269252 14225326 17665476 195685 178643 12248 199505 19123388 27312876 1950151 223846 0 0 3437896 4435747 0 0 182385 11966862 22032011 17354909 26691604 1768479 621272 14151024 15892163 5632983 6752850 8518041 9139313 X THE NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL ADVANCES BUSINESS OPPORTUNITIES FOR CERTIFIED MINORITY BUSINESS ENTERPRISES AND CONNECTS THEM TO CORPORATE MEMBERS. 0 0 10029609 0 10094510 FIELD SERVICES: OVERSEES THE ACTIVITIES OF 23 AFFILIATED REGIONAL COUNCILS BY MONITORING THEIR ACTIVITIES AND SERVICE DELIVERY AND APPLICATION OF UNIFORM STANDARDS OF WORK. 7418153 0 9184405 ANNUAL CONFERENCE AND BOE: CONNECTS MINORITY SUPPLIERS AND CORPORATE MEMBERS TO INCREASE POTENTIAL FOR BUSINESS TRANSACTIONS, CONDUCTS EDUCATIONAL SESSIONS. 2022 WAS NMSDC'S 50TH ANNIVERSARY YEAR AND THE CONFERENCE WAS ALSO A CELEBRATION OF THE LEGACY AND WORK OF NMSDC. WORKSHOPS, AND SEMINARS TO ENHANCE VENDOR CAPABILITIES AND SHARE SUPPLIER DIVERSITY BEST PRACTICES. 1223818 0 2129900 ECONOMIC FORUM: IN 2022, NMSDC HOSTED ITS INAUGURAL ECONOMIC FORUM. THIS EVENT BRINGS TOGETHER THROUGH LEADERS, PUBLIC OFFICIALS, BRINGING TOGETHER 500 OF THE NATION'S MOST INFLUENTIAL POLICYMAKERS, ACADEMICS, AND BUSINESS AND COMMUNITY LEADERS, FORMING THE NEW VANGUARD IN THE NEXT WAVE OF THE ECONOMIC EQUITY MOVEMENT. 3773710 223846 -3543834 CENTERS OF EXCELLENCE CERTIFICATE PROGRAM TO BRING TOGETHER THE BEST AND BRIGHTEST MINDS IN SUPPLIER DIVERSITY AND INCLUSION, ACROSS MULTIPLE DISCIPLINES AND REGIONAL AFFILIATE GEOGRAPHIC AREAS.LEARNING PROGRAMS - PROVIDES LEARNING AND EDUCATIONAL PLATFORM FOR CORPORATE MEMBERS, SUPPLIERS AND COUNCILS.CORPORATE PLUS - PROVIDES CORPORATE MEMBERS WITH REFERRALS AND ACCESS TO THE LARGEST MINORITY-OWNED VENDORS IN THE COUNTRY WITH CAPACITY FOR SERVICING NATIONAL CONTRACTS.ACRES PROGRAM - FOCUSED ON CAPACITY BUILDING FOR BLACK FARMERS. 3773710 223846 -3543834 22445290 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 92 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 34 33 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 IL NY X DENISE GURULE 2129442430 1345 6TH AVE 2ND FL STE 2049 2050 NEW YORK NY 10105 SUE BHATIA DIRECTOR 1.00 0.00 X 0 0 0 KENDRA BURRIS-AUSTIN DIRECTOR 1.00 0.00 X 0 0 0 HARVEY BUTLER DIRECTOR 1.00 0.00 X 0 0 0 DEREK B CANTEY DIRECTOR 1.00 0.00 X 0 0 0 GABRIEL CASTRO SECRETARY 3.00 0.00 X X 0 0 0 BRIAN DOWNER DIRECTOR 1.00 0.00 X 0 0 0 JACKIE DYESS DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN FREEMAN DIRECTOR 1.00 0.00 X 0 0 0 KALA GIBSON DIRECTOR 1.00 0.00 X 0 0 0 CLINT W GRIMES TREASURER 3.00 0.00 X X 0 0 0 HEATHER HERNDON WRIGHT DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN L HIGHTOWER DIRECTOR 1.00 0.00 X 0 0 0 VICKIE IRWIN-AVERY DIRECTOR 1.00 0.00 X 0 0 0 JONATHAN JENNINGS DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM KAPFER DIRECTOR 1.00 0.00 X 0 0 0 STACEY KEY DIRECTOR 1.00 0.00 X 0 0 0 CHRIS LAYDEN DIRECTOR 1.00 0.00 X 0 0 0 MARIA LEPORE DIRECTOR 1.00 0.00 X 0 0 0 THOMAS LUTZ DIRECTOR 1.00 0.00 X 0 0 0 SHASHI MANDAPATY DIRECTOR 1.00 0.00 X 0 0 0 NANCY MCGUIRE DIRECTOR 1.00 0.00 X 0 0 0 DAVID MCMURRAY DIRECTOR 1.00 0.00 X 0 0 0 FARRYN MELTON DIRECTOR 1.00 0.00 X 0 0 0 BONNIE NIJST DIRECTOR 1.00 0.00 X 0 0 0 TANYA NIXON DIRECTOR 1.00 0.00 X 0 0 0 CARLTON L ONEAL DIRECTOR 1.00 0.00 X 0 0 0 REGENIA R SANDERS DIRECTOR 1.00 0.00 X 0 0 0 GUY SCHWEPPE VICE CHAIRMAN 3.00 0.00 X X 0 0 0 STAN SENA DIRECTOR 1.00 0.00 X 0 0 0 ANTHONY TOMCZAK DIRECTOR 1.00 0.00 X 0 0 0 SUSANNA WEBBER DIRECTOR 1.00 0.00 X 0 0 0 JOSE TURKIENICZ CHAIRMAN 3.00 0.00 X X 0 0 0 MIGUEL GONZALEZ DIRECTOR 1.00 0.00 X 0 0 0 YING MCGUIRE PRESIDENT 35.00 0.00 X X 436000 0 32321 CRAIG CUFFIE DIRECTOR - UNTIL JUNE 2022 1.00 0.00 X 0 0 0 THOMAS NASH CPM CPIM DIRECTOR - UNTIL MAY 2022 1.00 0.00 X 0 0 0 MELANI WILSON SMITH DIRECTOR - UNTIL DEC. 2022 1.00 0.00 X 0 0 0 CASILDA DEL VALLE SENIOR VICE PRESIDENT 35.00 0.00 X 299058 0 25717 PAULINE GEBON VICE PRESIDENT 35.00 0.00 X 233478 0 21914 STEFAN BRADHAM VICE PRESIDENT 35.00 0.00 X 176201 0 16619 LISA MORRIS VICE PRESIDENT 35.00 0.00 X 189932 0 32296 SYLVIA ACOSTA SENIOR VICE PRESIDENT 35.00 0.00 X 113526 0 6918 CHRISTINE NARINE DIRECTOR OF FINANCE 35.00 0.00 X 129655 0 18126 1577850 0 153911 10 0 1 0 ABCD 11140 ROCKVILLE PIKE STE 300 NORTH BETHESDA MD 20852 EVENT PLANNING & MGMT 2175729 HAPPILY 633 W 5TH ST LOS ANGELES CA 90071 EVENT PLANNING & MGMT 957230 HEIDRICK & STRUGGLE 1133 PAYSPHERE CIRCLE CHICAGO IL 60674 LEADERSHIP MGMT SUPPORT 309272 21ST CENTURY 1000 HAMPTON PARK BLVD CAPITOL HEIGHTS MD 20743 EXHIBIT HALL MGMT 300000 BUSINESS TALENT GROUP 15332 ANTIOCH ST 10 PACIFIC PALISADES CA 90272 INTERIM FTE 265662 7 9269252 10000 9269252 MEMBERSHIP DUES 813990 13188138 13188138 REGISTRATION FEES AND TUITIONS 611430 3765574 3765574 TRADE SHOW AND MEETING FEES 561920 711764 711764 17665476 173866 173866 976732 971955 4777 4777 4777 OTHER INCOME 900099 199505 199505 199505 27312876 17864981 0 178643 171500 171500 52346 52346 793096 793096 2926719 1790975 1022218 113526 109639 58742 50897 346803 197926 130918 17959 259490 127195 113188 19107 5491069 4507558 967060 16451 174054 112095 61959 69748 69748 506169 334762 169716 1691 92423 11247 79459 1717 661813 267400 394413 580406 501674 68475 10257 4881689 4874712 6954 23 9135609 9135609 129919 105974 23132 813 OFFICE RELOCATION 82275 82275 CREDIT CARD MERCHANT FE 52376 52376 LICENSING 14631 14631 MEMBERSHIP FEES 3587 3587 156243 143199 12203 841 26691604 22445290 4063929 182385 620932 383995 7789356 8998703 1014342 2661567 313206 245667 6582919 6247296 265116 335623 3974285 3073286 173787 193322 14151024 15892163 1471686 1807318 3234214 2970385 927083 1975147 5632983 6752850 X 8413041 9034313 105000 105000 8518041 9139313 14151024 15892163 621272 0 X 0 1 X 1 0 X 2737247 2681360 2941589 4690129 9269252 22319577 2737247 2681360 2941589 4690129 9269252 22319577 766794 21552783 236964 217018 192810 195685 173866 1016343 45466 63388 3795 12248 199505 324402 23660322 68095409 0.91090 0.87540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1021376 30641 1052017 991627 29749 1021376 1556588 35039 600000 991627 1511305 45283 1556588 1467286 44019 1511305 0.90490 0.09510 0.00000 0 0 881761 881761 0 5100635 4765012 335623 600523 600523 0 335623 ANNUITIES 2670905 F REAL ESTATE INVESTMENT TRUSTS 376459 F ARTWORK 25922 C 3073286 DEFERRED COMPENSATION 261038 DUE TO REGIONAL COUNCILS 1714109 1975147 X 27619801 306925 306925 27312876 0 27312876 26998529 306925 306925 26691604 0 26691604 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS REPRESENT THE JAMES H. O'NEAL/PEPSICO FOUNDATION/NMSDC ENDOWED SCHOLARSHIP FUND. THE INCOME EARNED WILL BE USED TO SUPPORT SCHOLARSHIPS FOR MINORITY BUSINESS OWNERS WHO PARTICIPATE IN THE ADVANCED MANAGEMENT EDUCATION PROGRAM. PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE UNCERTAIN TAX POSITIONS TAKEN BY THE COUNCIL. THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION ARE RECOGNIZED WHEN THE POSITION IS MORE-LIKELY-THAN-NOT, BASED ON THE TECHNICAL MERITS, TO BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT ANALYZED THE COUNCIL'S TAX POSITIONS, AND IT CONCLUDED THAT AS OF DECEMBER 31, 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN. THE COUNCIL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE COUNCIL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019. 1 CAROLINAS-VIRGINIA MSDC 229 S BREVARD ST SUITE 300-B CHARLOTTE NC 28269 561191106 501C3 15000 0 COECP CHICAGO MSDC 216 W JACKSON BLVD SUITE 600 CHICAGO IL 60606 362815054 501C3 18500 0 COECP GEORGIA MSDC 759 W PEACHTREE STREET SUITE 107 ATLANTA GA 30308 581828236 501C3 18500 0 COECP MICHIGAN MSDC 100 RIVER PLACE SUITE 300 DETROIT MI 48207 382292187 501C3 18500 0 COECP MID-STATES MSDC 2126 NORTH MERIDIAN STREET INDIANPOLIS IN 46202 351466848 501C3 18500 0 COECP MOUNTAIN PLAINS MSDC 6025 S QUEBEC ST SUITE 135 CENTENNIAL CO 80111 846118814 501C3 14000 0 COECP NEW YORK & NEW JERSEY MSDC 65 WEST 36TH ST 7TH FL SUITE 702 NEW YORK NY 10018 237439373 501C3 20000 0 COECP PUERTO RICO MSDC 1225 PONCE DE LEN AVE VIG TOWER SUITE 1505 SAN JUAN RQ 660395316 501C3 15000 0 COECP SOUTHERN CALIFORNIA MSDC 800 WEST 6TH STREET SUITE 850 LOS ANGELES CA 90017 953244344 501C3 15000 0 COECP SOUTHWEST MSDC 912 S HWY 183 SUITE 101 AUSTIN TX 78741 742868590 501C3 15000 0 COECP 10 0 PART I, LINE 2: CENTERS OF EXCELLENCE CERTIFICATE PROGRAM TO BRING TOGETHER THE BEST AND BRIGHTEST MINDS IN SUPPLIER DIVERSITY AND INCLUSION, ACROSS MULTIPLE DISCIPLINES AND REGIONAL AFFILIATE GEOGRAPHIC AREAS. THE NMSDC REGIONAL AFFILIATE WILL SET UP PROGRAM COHORTS THAT SERVE AS A "DEEP DIVE" COLLABORATIVE PRACTICUM BETWEEN CORPORATE MEMBERS AND MBES. EACH COHORT TYPICALLY CONSISTS OF EIGHT TO 10 CORPORATE MEMBERS, NO MORE THAN 100 MBES, COUNCIL COORDINATORS, A FACILITATOR/TRAINER, AN ADMINISTRATOR, AND A PROGRAM MANAGER. DURING A 12-MONTH PERIOD, PARTICIPANTS IDENTIFY CHALLENGES, BEST PRACTICES, AND SOLUTIONS TO MINORITY INCLUSION IN THE CORPORATE (FORTUNE 1000) SUPPLIER CHAIN AT A REGIONAL LEVEL. SPONSORING ORGANIZATIONS DECIDE ON THE GEOGRAPHIC REGION TO PROVIDE COECP GRANTS AND NMSDC IDENTIFIES THE RESPECTIVE AFFILIATE COUNCIL TO RECEIVE GRANT DOLLARS. X X X 0 0 0 0 0 0 0 0 0 YING MCGUIRE PRESIDENT 411000 0 25000 0 0 0 20550 0 11771 0 468321 0 0 0 CASILDA DEL VALLE SENIOR VICE PRESIDENT 279058 0 20000 0 0 0 13953 0 11764 0 324775 0 0 0 PAULINE GEBON VICE PRESIDENT 202860 0 30618 0 0 0 10143 0 11771 0 255392 0 0 0 LISA MORRIS VICE PRESIDENT 169538 0 20394 0 0 0 8477 0 23819 0 222228 0 0 0 STEFAN BRADHAM VICE PRESIDENT 153218 0 22983 0 0 0 7661 0 8958 0 192820 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NMSDC IS A MEMBERSHIP ORGANIZATION. CERTAIN FIRMS THAT DESIRE MEMBERSHIP IN THE ORGANIZATION ARE REQUIRED TO PAY ANNUAL MEMBERSHIP DUES IN AMOUNTS AS DETERMINED BY THE BOARD OF DIRECTORS. MEMBERS RECEIVED CERTIFICATION SERVICES, ELECTRONIC DATABASE ACCESS OF CERTIFIED MINORITY-OWNED COMPANIES, SUPPLIER DIVERSITY TRAINING AND SEMINARS, VENDOR REFERRAL SUPPORT AND MATCHMAKING OPPORTUNITIES AS WELL AS NETWORKING OPPORTUNITIES WITH THEIR CORPORATE PEERS TO EXCHANGE BEST PRACTICES AND PROMOTE ADVOCACY FOR MINORITY SUPPLIER DEVELOPMENT. DUES ARE ASSESSED FOR SERVICES PROVIDED; ACCORDINGLY, THEY ARE NOT TAX DEDUCTIBLE AS CONTRIBUTIONS AND ARE REPORTED AS PROGRAM INCOME ON FORM 990. FORM 990, PART VI, SECTION A, LINE 7A A MEETING OF MEMBERS IS HELD ANNUALLY BY NMSDC FOR THE PURPOSE OF REVIEWING THE NOMINATION OF MEMBERS TO THE BOARD OF DIRECTORS AND CONDUCTING THE ELECTION OF DIRECTORS. THE BOARD OF DIRECTORS ALSO MEETS ANNUALLY AND ELECTS THE OFFICERS: CHAIRMAN, VICE CHAIRMAN, SECRETARY, TREASURER AND PRESIDENT. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER COMPLETES THE QUESTIONNAIRE PROVIDED BY THE PREPARER (MITCHELL & TITUS) FROM WHICH A DRAFT IS GENERATED. DRAFT IS SUBMITTED TO CHIEF TRANSFORMATION OFFICER FOR REVIEW. ONCE THE REVIEW IS COMPLETED, THE FINAL FORM 990 IS PRESENTED TO THE PRESIDENT FOR HER REVIEW AND APPROVAL. A COPY IS FORWARDED TO THE CHAIRMAN OF THE AUDIT COMMITTEE. THE E-FILING AUTHORIZATION IS PROVIDED TO MITCHELL AND TITUS TO SUBMIT THE FORM 990 ELECTRONICALLY. FORM 990 IS ALSO PROVIDED TO GUIDESTAR FOR LISTING IN THEIR WEBSITE AND IT IS ALSO AVAILABLE ON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DECLARATION OF CONFLICT OF INTEREST WAS INSTITUTED IN 2017 FOR BOARD MEMBERS TO DECLARE ANY CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S PERFORMANCE AND COMPENSATION ARE REVIEWED ANNUALLY BY A COMPENSATION COMMITTEE HEADED BY THE CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE CHAIRMAN OF THE EXECUTIVE COMMITTEE AUTHORIZES THE TREASURER TO ISSUE WRITTEN NOTICE TO THE SR. VICE PRESIDENT AND CHIEF FINANCIAL OFFICER OF SALARY INCREASES AWARDED TO THE PRESIDENT. ANNUAL BONUSES (IF ANY) ARE ALSO AUTHORIZED BY THE CHAIRMAN OF THE EXECUTIVE COMMITTEE WITH INPUT FROM THE CHAIRMAN OF THE BOARD AND THE TREASURER AND CONFIRMED IN WRITING BY THE TREASURER. NMSDC'S PRESIDENT IS RESPONSIBLE FOR THE HIRING, MANAGEMENT AND SUPERVISION OF KEY EMPLOYEES. THE PRESIDENT IS RESPONSIBLE FOR EVALUATING KEY EMPLOYEE'S PERFORMANCE AND AUTHORIZES SALARY INCREASES. SALARY INCREASES GENERALLY FOLLOW ANNUAL INCREASES APPROVED BY THE EXECUTIVE COMMITTEE IN THE APPROVED BUDGET. SALARY INCREASES DUE TO PROMOTIONS FOLLOW GUIDELINES CONTAINED IN THE APPROVED BUDGET FOR SUCH POSITION. EXTERNAL COMPENSATION STUDIES, SUCH AS THOSE ISSUED BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES, ARE USED TO ESTABLISH SALARY LEVELS. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE INCORPORATED IN THE ORGANIZATION'S PUBLISHED ANNUAL REPORT WHICH IS DISSEMINATED TO MEMBERS, BOARD OF DIRECTORS AND REGIONAL COUNCILS. THROUGH A NETWORK DISTRIBUTION LIST, HUNDREDS OF COPIES OF THE ANNUAL REPORT ARE SENT TO THE REGIONAL COUNCILS FOR LOCAL DISSEMINATION. THE ANNUAL REPORT IS ALSO AVAILABLE ON NMSDC'S WEBSITE. COPIES OF NMSDC'S CERTIFIED FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST. THE CONFLICT-OF-INTEREST POLICY IS CONTAINED IN NMSDC'S EMPLOYEE HANDBOOK AND THE AFFILIATES OPERATING MANUAL. FORM 990 IS MADE AVAILABLE UPON REQUEST. NMSDC ENSURES THAT FORM 990 IS ALSO AVAILABLE VIA GUIDESTAR WEBSITE.