NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC (EIN 23-7348220)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-08-01
- IRS object ID
- 201102139349300720
- Schema version
- 2010v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-08-01T17:09:47-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MITCHELL & TITUS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237348220 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL MINORITY SUPPLIER DEVELOPMENT | BusinessNameLine1 |
| Business Name Line2 | COUNCIL INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NATI | NameControl |
| Phone | 2129442430 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1359 Broadway | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10018 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Casilda Del Valle | Name |
| Title | Vice President | Title |
| Date Signed | 2011-08-01 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2127094500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Joset B Wright | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1359 Broadway Suite 1000 | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10018 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 14654618 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.nmsdc.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1973 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | The NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL seeks to increase corporate purchasing opportunities with minority-owned companies, effecting economic development in minority communities. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 76 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 76 | NbrIndependentVotingMembers |
| Total Nbr Employees | 22 | TotalNbrEmployees |
| Total Nbr Volunteers | 275 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1914125 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2170900 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 11755469 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 12054308 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 239453 | InvestmentIncomePriorYear |
| Investment Income Current Year | 175813 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -138007 | OtherRevenuePriorYear |
| Other Revenue Current Year | -202907 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 13771040 | TotalRevenuePriorYear |
| Total Revenue Current Year | 14198114 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2679289 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3052484 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 174169 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11058041 | OtherExpensePriorYear |
| Other Expenses Current Year | 11070587 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 13737330 | TotalExpensesPriorYear |
| Total Expenses Current Year | 14123071 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 33710 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 75043 | RevenuesLessExpensesCY |
| Total Assets BOY | 10472932 | TotalAssetsBOY |
| Total Assets EOY | 10295612 | TotalAssetsEOY |
| Total Liabilities BOY | 3462835 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3210472 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7010097 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 7085140 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL(nmsdc) SEEKS TO EXPAND BUSINESS OPPORTUNITIES FOR MINORITY-OWNED COMPANIES; ENCOURAGES MUTUALLY BENEFIcIAL ECONOMIC LINKS BETWEEN MINORITY SUPPLIERS AND THE PUBLIC AND PRIVATE SECTORS; AND HELPS TO BUILD A STRONGER, MORE EQUITABLE SOCIETY BY SUPPORTING AND PROMOTING MINORITY BUSINESS DEVELOPMENT. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 7717664 | Expense |
| Grants | 6241803 | Grants |
| Revenue | 8726564 | Revenue |
| Description | MEMBERS AND FIELD SERVICES: MANAGES A NETWORK OF REGIONAL MINORITY SUPPLIER DEVELOPMENT COUNCILS, MONITORS THEIR ACTIVITIES, SERVICES AND UNIFORM STANDARD OF WORK, PROVIDES TRAINING, NETWORKING AND REFERRAL OPPORTUNITIES TO MINORITY SUPPLIERS AND OTHER SERVICES TO CORPORATE MEMBERS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2431561 | Expense |
| Grants | 95714 | Grants |
| Revenue | 2488710 | Revenue |
| Description | ANNUAL CONFERENCE: EVALUATES ORGANIZATION'S PERFORMANCE, CONDUCTS WORKSHOPS AND SEMINARS FOR MINORITY SUPPLIERS AND CORPORATE MEMBERS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 438418 | Expense |
| Grants | 14827 | Grants |
| Revenue | 738400 | Revenue |
| Description | TRADE SHOW: PROVIDES A FORUM FOR BUSINESS EXCHANGE TO CORPORATE BUYERS AND MINORITY SUPPLIERS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 520913 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 100634 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 11108556 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 47 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 22 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 76 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 76 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | false | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CASILDA DEL VALLE | NamePerson |
| Telephone Number | 2129442430 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1359 BROADWAY SUITE 1000 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10018 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (83 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| MITCH ADAMEK | ||||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |||
| JEAN ABADERSCHNEIDER | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| TERESA BARRERA | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| BILL BOODRY | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| JOHNNIE B BOOKER | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| ROBERT E BREWER | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| ALBERT CHEN | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| JOYCE CHRISTANIO | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| DENISE COLEY | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| GRETA F DAVIS | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| T THOMAS DAVIS | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| ANA DIAZ | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| MICHAEL E DUDA | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| B EADIE FERRETTI | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| BENITA FORTNER | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| DONNA DOZIER GORDON | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| ROBERT HALTER | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| SIGMUND E HUBER | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| DEBRA A JENNINGS-JOHNSON | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| TRACEY G JETER | ||||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |||
| SIDNEY JOHNSON | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| HUBERT JONES | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| GARY KAPUSTA | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| FRED KEETON | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| BRUCE J KILKOWSKI | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| PATRICE N KNIGHT | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| REGINALD K LAYTON | ||||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |||
| MARIANO LEGAZ | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| FRED LONA | ||||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |||
| LEO G LONERGAN | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| JAMES MALLARD | ||||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |||
| HENRY S MARTIN JR | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| LISA F MARTIN | ||||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |||
| WILLIAMS G MAYS | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| ROBERT MCCORMES-BALLOU | ||||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |||
| RUBY MCCLEARY | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| FARRYN MELTON | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| ROHENA A MILLER | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| STEVEN G MILLER | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| ROBERT NELSON | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| ARMANDO OJEDA | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| GREGG ONTIVEROS | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| BRUCE W PERKINS | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| FLOYD W PITTS | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| GLORIA PUALANI | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| TERRI L QUINTON | ||||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |||
| CRAIG REED | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| RODERICK RICKMAN | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| JOAN R ROBINSON-BERRY | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| K MICHELLE SOURIE ROBINSON | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| GUY SCHWEPPE | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| C LYNN SCOTT | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| JAMES SHEEHY | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| DK SINGH | ||||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |||
| SKIP SKIVINGTON | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| CONNIE W SMITH | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| HILTON O SMITH | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| RICHARD SPOOR | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| ANAND STANLEY | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| SHELLEY STEWART JR | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| MARK STOLARCZYK | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| GENE TABOR | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| RUBEN DARIO TABORDA | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| RENEE TAYLOR | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| DENISE R THOMAS | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| KATHLEEN TRIMBLE | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| CALLEN C VICKERS | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| LINDA A WARE | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| JANICE B WILLIAMS-HOPKINS | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| RON WOLL | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| FRANCENE YOUNG | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| TERRY J LUNDGREN | ||||||||
| CHAIRMAN | 1.0 | X | 0 | 0 | 0 | X | ||
| RICHARD A HUGHES | ||||||||
| VICE CHAIRMAN | 2.0 | X | 0 | 0 | 0 | X | ||
| SERAFIN U MARIEL | ||||||||
| TREASURER | 2.0 | X | 0 | 0 | 0 | X | ||
| C DOUGLAS DIXON | ||||||||
| SECRETARY | 2.0 | X | 0 | 0 | 0 | X | ||
| JOSET B WRIGHT | ||||||||
| PRESIDENT | 35.0 | X | 161666 | 0 | 1000 | X | ||
| CASILDA DEL VALLE | ||||||||
| VICE PRESIDENT | 35.0 | 192974 | 0 | 32473 | X | |||
| DONNA LONG | ||||||||
| VICE PRESIDENT | 35.0 | 146808 | 0 | 21230 | X | |||
| KANITA D SANDIDGE | ||||||||
| DIRECTOR | 35.0 | 141733 | 0 | 9380 | X | |||
| IDA S EADDY | ||||||||
| DIRECTOR | 35.0 | 140082 | 0 | 11078 | X | |||
| ERIC VICIOSO | ||||||||
| DIRECTOR | 35.0 | 108558 | 0 | 8438 | X | |||
| HARRIET R MICHEL | ||||||||
| PRESIDENT | 35.0 | 895922 | 0 | 18112 | X | |||
| STEVEN SIMS | ||||||||
| VICE PRESIDENT | 35.0 | 186360 | 0 | 24027 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1974103 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 125738 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CENTERPLATE | |||||
| 1901 CONVENTION CENTER BLVD | MIAMI BEACH | FL | 33139 | FOOD SERVICES | 508945 |
| 21ST CENTURY EXPO GROUP | |||||
| 2404 FAIRLAWN STREET | TAMPLE HILLS | MD | 20748 | EXHIBIT MANAGEMENT | 284927 |
| NEW YORK HILTON TOWERS | |||||
| 1335 AVENUE OF THE AMERICAS | NEW YORK | NY | 10019 | LODGING & FOOD SVCS | 258739 |
| FONTAINEBLEAU MIAMI BEACH | |||||
| 4441 COLLINS AVENUE | MIAMI BEACH | FL | 33180 | LODGING & FOOD SVCS | 256215 |
| KELLOGG SCHOOL OF MANAGEMENT | |||||
| 2169 NORTH CAMPUS DRIVE | EVANSTON | IL | 602082800 | EXECUTIVE PROGRAM | 150000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
| Fundraising Events | 659000 | FundraisingEvents |
| All Other Contributions | 1511900 | AllOtherContributions |
| Total Contributions | 2170900 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TRADE SHOW AND MEETING FEES | 900099 | 3071340 | 3071340 |
| SEMINAR REGISTRATION AND TUITIONS | 611430 | 63179 | 63179 |
| MEMBERSHIP DUES | 900099 | 8590382 | 8590382 |
| PARTICIPATION FEES-CENTERS OF EXCELLENCE | 900099 | 50833 | 50833 |
| PARTICIPATION FEES-INTERNATIONAL PROGRAM | 900099 | 100244 | 100244 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 178330 | TotalRevenueColumn |
| Related Or Exempt Function Income | 178330 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 12054308 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 175813 | TotalRevenueColumn |
| Exclusion | $175,813 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 231000 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 659000 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 456504 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -225504 | TotalRevenueColumn |
| Exclusion | -$225,504 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 22597 | TotalRevenueColumn |
| Exclusion | $22,597 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 22597 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14198114 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12054308 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$27,094 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1384378 | Total |
| Program Services | 249967 | ProgramServices |
| Management And General | 1010921 | ManagementAndGeneral |
| Fundraising | 123490 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1264933 | Total |
| Program Services | 909191 | ProgramServices |
| Management And General | 331873 | ManagementAndGeneral |
| Fundraising | 23869 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69591 | Total |
| Program Services | 50614 | ProgramServices |
| Management And General | 17810 | ManagementAndGeneral |
| Fundraising | 1167 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 186689 | Total |
| Program Services | 99902 | ProgramServices |
| Management And General | 77202 | ManagementAndGeneral |
| Fundraising | 9585 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146893 | Total |
| Program Services | 74377 | ProgramServices |
| Management And General | 64285 | ManagementAndGeneral |
| Fundraising | 8231 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 944693 | Total |
| Program Services | 826731 | ProgramServices |
| Management And General | 117962 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24237 | Total |
| Program Services | 12144 | ProgramServices |
| Management And General | 12093 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47170 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 47170 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 576875 | Total |
| Program Services | 495341 | ProgramServices |
| Management And General | 80247 | ManagementAndGeneral |
| Fundraising | 1287 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 936202 | Total |
| Program Services | 165887 | ProgramServices |
| Management And General | 770315 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 309884 | Total |
| Program Services | 274249 | ProgramServices |
| Management And General | 34457 | ManagementAndGeneral |
| Fundraising | 1178 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1177833 | Total |
| Program Services | 1100853 | ProgramServices |
| Management And General | 76980 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6352344 | Total |
| Program Services | 6352344 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 267943 | Total |
| Program Services | 137537 | ProgramServices |
| Management And General | 129003 | ManagementAndGeneral |
| Fundraising | 1403 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| TEMPORARY HELP | 84250 | 84011 | 204 | 35 |
| CREDIT CARD MERCHANT SERVICES | 80048 | 80048 | 0 | 0 |
| SECURITY SERVICES | 41972 | 39715 | 2257 | 0 |
| DECORATIONS | 33771 | 25098 | 8673 | 0 |
| INTERNET SERVICES | 31022 | 17254 | 13768 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162343 | Total |
| Program Services | 113293 | ProgramServices |
| Management And General | 45126 | ManagementAndGeneral |
| Fundraising | 3924 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14123071 | Total |
| Program Services | 11108556 | ProgramServices |
| Management And General | 2840346 | ManagementAndGeneral |
| Fundraising | 174169 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1142605 | BOY |
| EOY | 877229 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3428498 | BOY |
| EOY | 3478999 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 763523 | BOY |
| EOY | 960121 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163356 | BOY |
| EOY | 130757 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2682335 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1509097 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1300174 | BOY |
| EOY | 1173238 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3326042 | BOY |
| EOY | 3325826 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 348734 | BOY |
| EOY | 349442 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10472932 | BOY |
| EOY | 10295612 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 809249 | BOY |
| EOY | 821908 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1808365 | BOY |
| EOY | 1791941 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 845221 | BOY |
| EOY | 596623 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3462835 | BOY |
| EOY | 3210472 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6910097 | BOY |
| EOY | 6980140 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 5000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100000 | BOY |
| EOY | 100000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7010097 | BOY |
| EOY | 7085140 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10472932 | BOY |
| EOY | 10295612 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 75043 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2056405 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2628479 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2421179 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1914125 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2170900 | CurrentTaxYear |
| Total | 11191088 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2056405 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2628479 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2421179 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1914125 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2170900 | CurrentTaxYear |
| Total | 11191088 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 11191088 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 268686 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 356771 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 323085 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 239453 | CurrentTaxYearMinus1Year |
| Current Tax Year | 175813 | CurrentTaxYear |
| Total | 1363808 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 284892 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 354980 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 238076 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 73811 | CurrentTaxYearMinus1Year |
| Current Tax Year | 22597 | CurrentTaxYear |
| Total | 974356 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 13529252 | TotalSupport |
| Gross Receipts From Admissions Etc | 61273845 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.82718 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.97385 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1146426 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 46740 | InvestmentEarningsOrLosses |
| End Of Year Balance | 1193166 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 100000 | BeginningOfYearBalance |
| End Of Year Balance | 100000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 100000 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 5600 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4800 | GrantsOrScholarships |
| Other Expenditures | 800 | OtherExpenditures |
| End Of Year Balance | 100000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.91620 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.08380 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Land | Land | |
| Buildings | Buildings |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 799722 | OtherCostOrOtherBasis |
| Depreciation | 130968 | Depreciation |
| Book Value | 668754 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1327114 | OtherCostOrOtherBasis |
| Depreciation | 967172 | Depreciation |
| Book Value | 359942 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 555499 | OtherCostOrOtherBasis |
| Depreciation | 410957 | Depreciation |
| Book Value | 144542 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1173238 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| ANNUITY INVESTMENTS | 2272147 | F |
| CERTIFICATES OF DEPOSIT - LT | 782956 | F |
| ARTWORK | 25922 | F |
| DEFERRED COMPENSATION | 244801 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 3325826 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED RENT CREDITS | $351,822 |
| DEFERRED COMPENSATION | $244,801 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 596623 | TotalOfAmounts |
| Total Revenue | 14198114 | TotalRevenue |
| Total Expenses | 14123071 | TotalExpenses |
| Excess Or Deficit For Year | 75043 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 75043 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 14733677 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 79059 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 456504 | OtherRevenues |
| Revenue Not Rptd F990 | 535563 | RevenueNotRptdF990 |
| Revenue Subtotal | 14198114 | RevenueSubtotal |
| Total Revenue Per Form990 | 14198114 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 14658634 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 79059 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 456504 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 535563 | ExpensesNotRptdF990 |
| Expenses Subtotal | 14123071 | ExpensesSubtotal |
| Total Expenses Per Form990 | 14123071 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Form 990, Schedule D, Part XII & XIII, Line 2d | Identifier |
| Explanation | DIRECT EXPENSES from FUNDRAISING EVENTS: $456,504. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | dinner - dance | NameOfEvent1 |
| Gross Receipts Event1 | 890000 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 659000 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 231000 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 235369 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 19750 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 201385 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 890000 | GrossReceiptsTotal |
| Charitable Contributions Total | 659000 | CharitableContributionsTotal |
| Gross Revenue Total Events | 231000 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 235369 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 19750 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 201385 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 456504 | DirectExpenseSummaryEvents |
| Net Income Summary | -225504 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HARRIET R MICHEL | |||||||||||||
| 196110 | 0 | 0 | 0 | 699812 | 0 | 15712 | 0 | 2400 | 0 | 914034 | 0 | 0 | 0 |
| JOSET B WRIGHT | |||||||||||||
| 129223 | 0 | 32185 | 0 | 258 | 0 | 0 | 0 | 1000 | 0 | 162666 | 0 | 0 | 0 |
| CASILDA DEL VALLE | |||||||||||||
| 182479 | 0 | 9463 | 0 | 1032 | 0 | 27273 | 0 | 5200 | 0 | 225447 | 0 | 0 | 0 |
| STEVEN SIMS | |||||||||||||
| 158961 | 0 | 0 | 0 | 27399 | 0 | 19027 | 0 | 5000 | 0 | 210387 | 0 | 0 | 0 |
| DONNA LONG | |||||||||||||
| 138194 | 0 | 7030 | 0 | 1584 | 0 | 18830 | 0 | 2400 | 0 | 168038 | 0 | 0 | 0 |
| KANITA D SANDIDGE | |||||||||||||
| 133341 | 0 | 6808 | 0 | 1584 | 0 | 9380 | 0 | 0 | 0 | 151113 | 0 | 0 | 0 |
| IDA S EADDY | |||||||||||||
| 115190 | 0 | 6808 | 0 | 18084 | 0 | 9378 | 0 | 1700 | 0 | 151160 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Form 990, Schedule J, Part I, LineS 4a & 4b: | Identifier |
| Explanation | NMDSC HAS ESTABLISHED A NONQUALIFIED DEFERRED COMPENSATION PLAN WHICH IS OFFERED TO SELECT EXECUTIVES AS A VEHICLE TO SAvE FOR RETIREMENT ON A TAX-EFFICIENT BASIS. FORMER PRESIDENT, HARRIET R. MICHEL, ELECTED TO PARTICIPATE IN THIS PLAN AND AUTHORIZED THE WITHHOLDING OF ANNUAL BONUSES TO BE INVESTED UNDER THIS PLAN. THE FUNDS WERE INVESTED IN AN ANNUITY OWNED BY NMSDC. UPON HARRIET R. MICHEL'S RETIREMENT, THE ANNUITY WAS CASHED AND THE PROCEEDS OF $283,714 WERE PAID OUT TO MS. MICHEL AND WERE ADDED TO HER TAXABLE INCOME REPORTED FOR 2010. IN ADDITION, THE EXECUTIVE COMMITTEE APPROVED SEVERANCE PAY OF $382,896 WHICH WAS ALSO ADDED TO HER TAXABLE INCOME FOR 2010. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part III, Line 4d | OTHER PROGRAM SERVICES INCLUDE: (1) VENDOR REFERRAL SERVICES - MAINTENANCE OF AN ONLINE DATABASE OF CERTIFIED MINORITY-OWNED FIRMS WHICH IS ONLY AVAILABLE TO CORPORATE MEMBERS AND ALLOWS THEM TO SEARCH FOR VENDORS WHEN PROCUREMENT OPPORTUNITIES ARE AVAILABLE; (2) INTERNATIONAL PROGRAM - BUILDS AN INTERNATIONAL NETWORK OF NMSDC-LIKE ORGANIZATIONS TO ASSIST CORPORATE MEMBERS IN IMPLEMENTING SUPPLIER DIVERSITY PROGRAMS IN OTHER COUNTRIES AND HELP NMSDC-CERTIFIED MINORITY SUPPLIERS TO MAKE INTERNATIONAL BUSINESS CONNECTIONS; (3) INFORMATION CENTER - MAINTENANCE OF A SPECIALIZED LIBRARY AS DEPOSITORY OF RELEVANT INFORMATION ON SUPPLIER DIVERSITY AND MINORITY BUSINESS DEVELOPMENT. |
| Form 990, Part VI, LINE 6 | NMSDC MEMBERS ARE CORPORATIONS, PARTNERSHIPS AND OTHER BUSINESS ENTITIES WHICH: A) PAY ANNUAL DUES BASED ON THEIR ANNUAL SALES REVENUE; B) ADOPT AND PUBLISH A POLICY TO PROMOTE THE PURCHASE OF GOODS AND SERVICES FROM MINORITY-OWNED FIRMS AND IMPLEMENT SUCH POLICY AS A RECOGNIZED MANAGEMENT FUNCTION BY APPROPRIATE RULES AND PROCEDURES; AND C) REPORT, ON A CONFIDENTIAL LEVEL, THEIR AGGREGATE DOLLAR PURCHASES FROM MINORITY-OWNED FIRMS. |
| Form 990, Part VI, lINE 7a | EACH CORPORATE MEMBER OF THE ORGANIZATION IS ENTITLED, AT EVERY MEETING OF THE MEMBERS, TO ONE VOTE IN PERSON OR BY PROXY UPON EACH SUBJECT PROPERLY SUBMITTED TO VOTE. A MAJORITY OF THE CORPORATE MEMBERS REPRESENTED IN PERSON OR BY PROXY CONSTITUTES A QUORUM FOR THE TRANSACTION OF BUSINESS AT ANY ANNUAL OR SPECIAL MEETING OF MEMBERS. THE NOMINATION OF DIRECTORS TO THE BOARD IS SUBMITTED FOR VOTING BY A NOMINATING COMMITTEE OF THE MEMBERSHIP. |
| Form 990, Part VI, LINE 11B | THE BOARD OF DIRECTORS HAS DELEGATED THE RESPONSIBILITY OF REVIEWING THE ORGANIZATION'S TAX RETURN TO THE EXECUTIVE COMMITTEE WHICH OVERSEES THE DAILY OPERATIONS OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE HAS FURTHER DELEGATED THE REVIEW OF THE TAX RETURN TO THE FINANCE COMMITTEE HEADED BY THE TREASURER. UPON REVIEW AND ACCEPTANCE BY THE FINANCE COMMITTEE, THE PRESIDENT SIGNS THE TAX RETURN AND IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM UPON COMPLETION OF THE ANNUAL CERTIFIED AUDIT. FOLLOWING THE SIGNING OF A LETTER OF ENGAGEMENT WITH AN INDEPENDENT ACCOUNTING FIRM, A CHECK LIST OF REQUIRED SCHEDULES AND DOCUMENTS FOR THE PREPARATION OF FORM 990 IS SUBMITTED TO NMSDC'S MANAGEMENT. DETAILED SCHEDULES AND SUPPORTING DOCUMENTATION ARE FORWARDED TO THE INDEPENDENT AUDITORS. A DRAFT OF FORM 990 IS FIRST SUBMITTED TO THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION, A MEMBER OF THE FINANCE COMMITTEE, FOR AN INITIAL REVIEW TO INSURE THAT THE INFORMATION CONTAINED IN FORM 990 IS CONSISTEnt WITH THE FINANCIAL RESULTS CONTAINED IN THE CERTIFIED FINANCIAL STATEMENTS. COPIES OF FORM 990 ARE AVAILABLE UPON REQUEST. |
| Form 990, Part VI, lINE 12c | The organization asks members of the Board to report on any conflict. Since no conflict of interest has been reported and no conflict of interest has been identified independently, no action has been required. The organization is in the process of introducing a form to the Board to report annually on any conflict of interest. |
| Form 990, Part VI, Line 15a | THE SEARCH AND SELECTION OF THE PRESIDENT HAS BEEN DELEGATED BY THE BOARD TO THE EXECUTIVE COMMITTEE HEADED BY THE VICE CHAIRMAN OF THE BOARD WHO CHAIRS THE EXECUTIVE COMMITTEE. THE PRESIDENT IS HIRED UNDER CONTRACT AFTER A SEARCH COMMITTEE, CONSISTING OF SELECTED MEMBERS OF THE EXECUTIVE COMMITTEE, INTERVIEWS AND SELECTS THE CANDIDATE BASED ON RECOMMENDATIONS RECEIVED FROM A SEARCH FIRM HIRED TO IDENTIFY AND SCREEN POTENTIAL CANDIDATES. A JOB DESCRIPTION FOR THE POSITION IS PUBLISHED AND COMPENSATION GUIDELINES ARE SET. THE SELECTION OF THE PRESIDENT THEN GETS PRESENTED TO THE BOARD FOR VOTE AND ACCEPTANCE. THE PRESIDENT'S PERFORMANCE AND COMPENSATION IS 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 VICE PRESIDENT OF FINANCE AND ADMINISTRATION 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. THE CHAIRMAN OF THE EXECUTIVE COMMITTEE THEN REVIEWS THE AWARD OF BONUSES WITH THE EXECUTIVE COMMITTEE. |
| Form 990, Part VI, lINE 15b | NMSDC'S PRESIDENT IS RESPONSIBLE FOR THE HIRING, MANAGEMENT AND SUPERVISION OF KEY EMPLOYEES. THE PRESIDENT IS RESPONSIBLE FOR EVALUATING KEY EMPLOYEES' 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. THE AWARD OF ANNUAL BONUSES, IF ANY, FOLLOW THE SAME APPROVAL PROCESS USED TO AWARD BONUSES TO THE PRESIDENT. |
| Form 990, Part VI, 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, HUNDRED 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 MANUAL AND THE AFFILIATES OPERATING MANUAL. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUSINESS CONSORTIUM FUND INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 305 SEVENTH AVENUE 20TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133407599 | EIN |
| Primary Activities | loan fund | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 7 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | na | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
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