2022-11-15T12:11:58-06:00 2021-12-31 381910111 UHY ADVISORS MI INC 455 E EISENHOWER SUITE 102 ANN ARBOR MI 48108 990 2021-01-01 382292187 MICHIGAN MINORITY PURCHASING COUNCIL D/B/A MMSDC MICH 3138733200 100 RIVER PLACE 300 DETROIT MI 48207 MICHELLE SOURIE ROBINSON PRESIDENT / CEO 3138733200 2022-11-15 1 MICHELLE SOURIE ROBINSON 999009999 GERALD J GRADY JR P00037143 7342131040 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MICHELLE SOURIE ROBINSON 100 RIVER PLACE 300 DETROIT MI 48207 6189885 0 X WWW.MINORITYSUPPLIER.ORG X 1980 MI THE MICHIGAN MINORITY SUPPLIER DEVELOPMENT COUNCIL ADVANCES BUSINESS OPPORTUNITIES FOR CERTIFIED MINORITY BUSINESS ENTERPRISES AND CONNECTS THEM TO CORPORATE MEMBERS, PROVIDES ACCESS TO PROCUREMENT OPPORTUNITIES AND DEVELOPS CAPACITY FOR MINORITY BUSINESS DEVELOPMENT. 27 27 20 21 0 0 2773675 3685479 811279 626437 147336 275110 355618 168928 4087908 4755954 0 0 0 0 1677269 1880404 10731 0 60929 2156347 2753213 3844347 4633617 243561 122337 6312018 7170599 1181294 1502774 5130724 5667825 X THE MICHIGAN MINORITY SUPPLIER DEVELOPMENT COUNCIL ADVANCES BUSINESS OPPORTUNITIES FOR CERTIFIED MINORITY BUSINESS ENTERPRISES AND CONNECTS THEM TO CORPORATE MEMBERS. 0 0 1255843 FEEL CUSTOMIZED MATCHMAKERS, BUSINESS NETWORKING FORUMS, TRADE FAIRS: CONDUCT FORUMS THROUGHOUT THE YEAR WHICH PROVIDE MINORITY OWNED BUSINESSES THE OPPORTUNITY TO SHOWCASE THEIR PRODUCTS/SERVICES AND INTERACT WITH MAJOR CORPORATIONS AND GOVERNMENT AGENCIES IN AN EFFORT TO FACILITATE AND ENCOURAGE BUYER/VENDOR RELATIONSHIPS THAT RESULT IN INCREASED BUSINESS OPPORTUNITIES FOR MINORITY-OWNED FIRMS. DURING 2021, OFFERED OVER OVER 200 SESSIONS FOR CORPORATE MEMBERS AND MBES. COLLECTIVELY, SERVED OVER 11,000 PARTICIPANTS AND RECEIVED 90% SATISFACTION RATING FOR EACH SESSION. THE ECONOMIC IMPACT WAS $36 BILLION WITH 210,000 JOBS CREATED AND/OR RETAINED. 2283745 MINORITY BUSINESS DEVELOPMENT/EDUCATIONAL PROGRAMMING: CONDUCT PROFESSIONAL DEVELOPMENT WORKSHOPS AND ONE-ON-ONE CONSULTATIONS THAT PROVIDE INFORMATION AIMED AT PROMPTING GROWTH AND STRENGTHENING MEMBER COMPANY ORGANIZATIONS THROUGH SKILL BUILDING, EFFICIENCY, QUALITY IMPROVEMENT, INDUSTRY DIVERSIFICATION AND SUPPLIER DIVERSITY PROGRAM DEVELOPMENT, AS WELL AS PERSONALIZED ASSISTANCE WITH FINANCIAL PACKAGES, VARIOUS CERTIFICATIONS AND GROWTH STRATEGIES. SERVED MORE THAN 1,500 DISTINCT CORPORATE MEMBERS AND MINORITY BUSINESSES THAT PARTICIPATED IN DEVELOPMENT AND NETWORKING EVENTS. 568119 MINORITY BUSINESS ENTERPRISE (MBE) CERTIFICATION: CONDUCT PRE-CERTIFICATION AND ORIENTATION SESSION TO HELP MINORITY BUSINESSES UNDERSTAND THE BENEFITS AND PROCESS FOR CERTIFICATION; UPON RECEIVING CERTIFICATION HELP BUSINESSES MAXIMIZE THEIR EXPERIENCE. BY THE END OF THE YEAR, WE CERTIFIED 87 NEW MINORITY BUSINESSES AND RE-CERTIFIED ALMOST 1,140 OF OUR EXISTING MINORITY BUSINESS ENTERPRISES (MBES). WE ALSO CONDUCTED 13 PRE-CERTIFICATION BRIEFINGS AND 6 NEW MBE ORIENTATIONS. 225774 HELD ANNUAL ACE AWARDS DINNER THAT HONORS MINORITY BUSINESSES AND CORPORATE MEMBERS IN INDUSTRY, GOVERNMENT AND EDUCATION FOR THEIR OUTSTANDING ACCOMPLISHMENTS IN SUPPLIER DIVERSITY. THIS ANNUAL EVENT ATTENDED BY APPROXIMATELY 800 PEOPLE INCREASES CORPORATE AWARENESS OF MINORITY BUSINESS CAPABILITIES AND THEIR DIVERSE AREAS OF EXPERTISE. IT ALSO RECOGNIZES CORPORATE MEMBERS AND MINORITY BUSINESSES FOR THEIR COMMITMENT TO SUPPLIER DIVERSITY AND ENCOURAGES MINORITY SUPPLIER DEVELOPMENT.ALSO, HOSTED THE ANNUAL MICHIGAN MINORITY PROCUREMENT CONFERENCE (MMPC), A 3 DAY EVENT, WHICH INCLUDES A TRADE SHOW, EDUCATIONAL AND MATCHMAKER SESSIONS, IS ATTENDED BY NEARLY 3,000 PEOPLE. 225774 4333481 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 42 0 1 20 1 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MI X ANNE MARIE SMITH 3138733200 100 RIVER PLACE SUITE 300 DETROIT MI 48207 ARTHUR DUDLEY ESQ SECRETARY 1.00 X X 0 0 0 BASHAR CHOLAGH BOARD MEMBER 1.00 X 0 0 0 TRAVIS SPENCER BOARD MEMBER 1.00 X 0 0 0 TEKISHA LEE BOARD MEMBER 1.00 X 0 0 0 MARCUS LEWIS BOARD MEMBER 1.00 X 0 0 0 TAMARA HICKS BOARD MEMBER 1.00 X 0 0 0 SYLVESTER HESTER MBEIC CHAIR 1.00 X 0 0 0 RISHIE MODI BOARD MEMBER 1.00 X 0 0 0 MARTIN HORNECK BOARD MEMBER 1.00 X 0 0 0 JAMES LINE BOARD MEMBER 1.00 X 0 0 0 CARLA NEFF BOARD MEMBER 1.00 X 0 0 0 ARTHUR MCCLELLAN BOARD MEMBER 1.00 X 0 0 0 JAMES G BOS BOARD MEMBER 1.00 X 0 0 0 JIM ROBERTS TREASURER 1.00 X 0 0 0 DANTE CROCKETT BOARD MEMBER 1.00 X 0 0 0 TARYN SULKES BOARD MEMBER 1.00 X 0 0 0 ROBERT YOUNG CHAIRMAN 1.00 X X 0 0 0 ANTHONY TOMCZAK ADVOCACY CHAIR 1.00 X 0 0 0 JEFF MORRISON VICE-CHAIRMAN 1.00 X X 0 0 0 GLORIA OLDANI BOARD MEMBER 1.00 X 0 0 0 ANDRA RUSH BOARD MEMBER 1.00 X 0 0 0 LINZIE VENEGAS BOARD MEMBER 1.00 X 0 0 0 TRACY JOSHUA BOARD MEMBER 1.00 X 0 0 0 RON SHAHANI BOARD MEMBER 1.00 X 0 0 0 STEPHANIE BURNLEY BOARD MEMBER 1.00 X 0 0 0 VARCHASVI SHANKAR BOARD MEMBER 1.00 X 0 0 0 KATHRYN MICHELLE SOURIE JOHNSON PRESIDENT/CEO 37.50 X X 335282 0 425 ALBERT LOUIS DIRECTOR, MBDA, CERTIFICATION AND MBE SERVICES 37.50 X 131506 0 25909 TAMEKA WILLIAMSON VP, OPERATING EXCELLENCE 37.50 X 150311 0 10591 WILLIAM GRICE VICE PRESIDENT & EXECUTIVE DIRECTOR 37.50 X 189506 0 24370 CLARENCE OLIVER HEAD OF CERTIFICATION 37.50 X 121603 0 10229 928208 0 71524 5 0 1 0 HONIGMAN LLP 2290 FIRST NATIONAL BUILDING 660 WO DETROIT MI 48226 ATTORNEY 635737 TALON CENTER OWNER LLC 26600 TELEGRAPH ROAD SUITE 200 BLOOMFIELD HILLS MI 48033 RENT/LANDLORD 281970 GREENBERG TRAURIG LLP 3333 PIEDMONT RD NE SUITE 2500 ATLANTA GA 30305 ATTORNEY 251345 FINANCIAL ONE ACCOUNTING INC 44744 HELM STREET PLYMOUTH MI 48170 179895 PLUG & PLAY LLC 440 N WOLFE ROAD SUNNYVALE CA 94085 CONSULTANT 120000 5 1639705 1307083 738691 3685479 MMPC 900099 399254 399254 MISCELLANEOUS PROGRAMS 561499 120098 120098 CHAIR'S SCHOLARSHIP 900099 107085 107085 626437 142806 142806 1370713 1238409 132304 132304 132304 364450 195522 168928 168928 4755954 506339 0 564136 928208 885510 25062 17636 782549 746698 21807 14044 169647 163205 4014 2428 622709 622209 500 968984 967253 1731 197337 49841 147496 33695 26896 4746 2053 184921 172971 11950 119634 119634 75036 69941 3305 1790 235050 224005 6268 4777 6873 6158 366 349 11157 4744 6244 169 24119 22917 753 449 18490 17019 922 549 CERTIFICATION EXPENSE 122227 122227 BANK FEES 40618 37373 2033 1212 MISCELLANEOUS 30987 29321 1044 622 UTILITIES 19840 18940 494 406 41536 26619 472 14445 4633617 4333481 239207 60929 1454800 1211607 254072 374888 55643 73131 375121 334503 64737 40618 4465044 5452633 17722 17722 6312018 7170599 450430 760900 694352 704882 36512 36992 1181294 1502774 X 4549934 4971092 580790 696733 5130724 5667825 6312018 7170599 122337 414764 0 X X 0 1 X 1 0 X 2825585 2542888 2737315 2773675 3418634 14298097 1154964 763345 807109 437425 3162843 3980549 3306233 3544424 3211100 3418634 17460940 0 0 0 17460940 66371 100014 77394 63037 142806 449622 66371 100014 77394 63037 142806 449622 4046920 3406247 3621818 3274137 3561440 17910562 0.97490 0.97910 0.02510 0.02090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30907 29904 1003 217723 178108 39615 126491 126491 0 40618 DEFERRED RENT 36992 36992 X 5332545 414764 414764 4917781 33695 -195522 -161827 4755954 4795444 195522 195522 4599922 33695 33695 4633617 PART X, LINE 2: THE COUNCIL ADOPTED ASC GUIDANCE REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD AN INCOME TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS AND APPLIES TO ALL INCOME TAX POSITIONS. EACH INCOME TAX POSITION IS ASSESSED USING A TWO STEP PROCESS. A DETERMINATION IS FIRST MADE AS TO WHETHER IT IS MORE LIKELY THAN NOT THAT THE INCOME TAX POSITION WILL BE SUSTAINED, BASED UPON TECHNICAL MERITS, UPON EXAMINATION BY THE TAXING AUTHORITIES. IF THE INCOME TAX POSITION IS EXPECTED TO MEET THE MORE LIKELY THAN NOT CRITERIA, THE BENEFIT RECORDED IN THE FINANCIAL STATEMENTS EQUALS THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY TO BE REALIZED UPON ITS ULTIMATE SETTLEMENT. AT DECEMBER 31, 2021 THERE WERE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ACCRUAL. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES DIRECTLY RELATED TO FUNDRAISING EVENTS -195,522. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES DIRECTLY RELATED TO FUNDRAISING EVENTS 195,522. X X X X 0 MI ANNUAL DINNER 146591 146591 91964 GOLF OUTING 217859 217859 26500 19952 57106 364450 364450 26500 19952 149070 195522 168928 X X 0 0 0 0 0 0 0 0 0 KATHRYN MICHELLE SOURIE JOHNSON PRESIDENT/CEO 257727 0 77555 0 0 0 0 0 425 0 335707 0 0 0 WILLIAM GRICE VICE PRESIDENT & EXECUTIVE DIRECTOR 173506 0 16000 0 0 0 0 0 24370 0 213876 0 0 0 TAMEKA WILLIAMSON VP, OPERATING EXCELLENCE 137311 0 13000 0 0 0 0 0 10591 0 160902 0 0 0 ALBERT LOUIS DIRECTOR, MBDA, CERTIFICATION AND MB 111506 0 20000 0 0 0 0 0 25909 0 157415 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE ORGANIZATION HAVE THE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY OR THEIR DELEGATES. FORM 990, PART VI, SECTION A, LINE 7A ANY ACTIVE MEMBER CAN PARTICIPATE IN THE ELECTION OF THE ORGANIZATION'S GOVERNING BODY AT LARGE WHEN VACANCIES ARISE OR EVERY YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE PRESIDENT/CEO AND THEN FORWARDED TO THE TREASURER FOR REVIEW AND COMMENT. THE 990 IS THEN PRESENTED TO THE EXECUTIVE FINANCE COMMITTEE OF THE BOARD AND AVAILABLE ON SITE FOR ALL TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEE ACTIVITY AND INTERACTION WITH MEMBERS, MBES AND OTHER BUSINESS ASSOCIATES ARE REGULARLY MONITORED DURING THE NORMAL COURSE OF BUSINESS BY MANAGEMENT. EMPLOYEE CONDUCT AND EXPECTATIONS ARE REVIEWED AND DISCUSSED AT STAFF MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS THE BOARD OF DIRECTORS FORMS A SUB-COMMITTEE TO REVIEW THE PERFORMANCE OF THE PRESIDENT/CEO AGAINST METRICS ESTABLISHED AT THE BEGINNING OF THE YEAR. THEY ALSO EVALUATE LEADERSHIP SKILLS THROUGH THE USE OF A LEADERSHIP SURVEY TOOL. THE SUB-COMMITTEE THEN PROVIDES A REPORT TO THE EXECUTIVE FINANCE COMMITTEE WHICH CONTAINS EVALUATION RESULTS, AS WELL AS SALARY RECOMMENDATION BASED ON A NON-PROFIT EXECUTIVE SALARY SURVEY FOR LIKE POSITIONS. THE EXECUTIVE FINANCE COMMITTEE THEN MAKES A RECOMMENDATION TO THE FULL BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PART XII, LINE 2C THE PROCESS FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR HAS NOT CHANGED DURING THE YEAR.