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Tristate Minority Supplier Development Council Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621086913 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

Overview

What is Tristate Minority Supplier Development Council Inc?

Tristate Minority Supplier Development Council Inc, located in Nashville, Tennessee, is a nonprofit organization with a mission to foster economic opportunities and development for economically disadvantaged businesses. They operate with a team of only two individuals and are committed to advancing programs that promote the growth and success of these businesses. The Council's activities are geared towards providing essential resources and support to these economically disadvantaged enterprises, thereby contributing to the overall economic development of the region.


Official website here: www.tsmsdc.net

Is Tristate Minority Supplier Development Council Inc legitimate?

Tristate Minority Supplier Development Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tristate Minority Supplier Development Council Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $295,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.tsmsdc.net

What is the mission statement of Tristate Minority Supplier Development Council Inc?

The Tristate Minority Supplier Development Council Inc's mission revolves around promoting economic opportunities and development programs for businesses that are economically disadvantaged. The organization's primary goal is to advance these businesses through various developmental initiatives. Their mission is centered around fostering a conducive environment for such businesses to thrive and grow. The Council's activities are geared towards providing the necessary resources and support to these economically disadvantaged businesses, thereby contributing to their economic advancement.


Official website here: www.tsmsdc.net

Who is the CEO of Tristate Minority Supplier Development Council Inc?

Cheri K Henderson is the President And Ceo of Tristate Minority Supplier Development Council Inc. The CEO's salary of Tristate Minority Supplier Development Council Inc is $190,000 and their total compensation is $190,000.


Official website here: www.tsmsdc.net

What is the revenue of Tristate Minority Supplier Development Council Inc?

Tristate Minority Supplier Development Council Inc's revenue in 2022 was $810,529.


Official website here: www.tsmsdc.net

Who are the executives of Tristate Minority Supplier Development Council Inc and what are their salaries?

The average compensation at Tristate Minority Supplier Development Council Inc during 2022 was $147,896. There are 2 employees at Tristate Minority Supplier Development Council Inc.

Here are 6 key members and their salaries (Tristate Minority Supplier Development Council Inc's CEO's salary is $190,000 and their total compensation is $190,000):

    Cheri K Henderson (President And Ceo)
  • Compensation: $190,000
  • Related: $0
  • Other: $0

    • Marilyn Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Stagg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Warren Sawyers (Director And Mbeic)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Dunigan (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Manson (Legal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tsmsdc.net

    Where can I find the form 990 for Tristate Minority Supplier Development Council Inc?

    The Tristate Minority Supplier Development Council Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tsmsdc.net

    Learn more at the official website: www.tsmsdc.net

    Mission Statement of Tristate Minority Supplier Development Council Inc

    Tristate Minority Supplier Development Council Inc is committed to fostering economic opportunities and development programs for businesses that are economically disadvantaged. The organization's mission is centered around advancing the economic well-being of these businesses, providing them with the necessary tools and resources to thrive. By focusing on development programs, Tristate Minority Supplier Development Council Inc aims to create a level playing field for these disadvantaged businesses, enabling them to compete effectively in the market. The council's mission is a vital step towards promoting inclusivity and diversity in the business world.

    Impact

    This information is meant to be a general summary of Tristate Minority Supplier Development Council Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Tristate Minority Supplier Development Council Inc has a significant impact on the advancement of economic opportunities and development programs for economically disadvantaged businesses. By focusing on providing support and resources to these businesses, the council plays a crucial role in promoting economic growth and sustainability within the community. Through its efforts, Tristate Minority Supplier Development Council Inc contributes to the empowerment and success of economically disadvantaged entrepreneurs, fostering a more inclusive and thriving business environment in Nashville, TN.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,007
  • Program Service Revenue: $66,318
  • Gross Receipts: $810,529

    • Assets and Liabilities:
  • Total Assets: $1,486,698
  • Total Liabilities: $11,329
  • Net Assets: $1,475,369
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PUBLICATION INCOME

    Revenue

    $13,817

    PROGRAM INCOME

    Revenue

    $52,501

    Organization Details

    Founding Year

    1979

    Principal Officer

    Cheri K Henderson

    Main Address

    METROCENTER PLZ BLD 1 220 ATHENS WY, NASHVILLE, TN, 37228

    NTEE Category

    Code: S43Z - Community improvement

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