Overview
What is Dallas Fort Worth Minority Supplier Development Council Inc?
The Dallas Fort Worth Minority Supplier Development Council Inc is a nonprofit organization situated in Dallas, Texas. With a small team of eight employees, their primary mission is to foster and promote business relationships between major corporations, public sector agencies, and certified Minority Business Enterprises (MBEs). They achieve this through annual events, such as the ACCESS Business Expo, which aims to connect these entities and create potential procurement and business opportunities. In the 2022 ACCESS Expo, they managed to attract 1,100 attendees, host 71 roundtable sessions, and involve 86 state agencies, resulting in a significant $5 million in awards at the State of Texas Spot bid Fair.
Official website here: www.dfwmsdc.com
Is Dallas Fort Worth Minority Supplier Development Council Inc legitimate?
Dallas Fort Worth Minority Supplier Development Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dallas Fort Worth 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: $725,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,761
For more financial information, click here
What is the mission statement of Dallas Fort Worth Minority Supplier Development Council Inc?
The Dallas Fort Worth Minority Supplier Development Council Inc's mission is centered around fostering and promoting business opportunities. This organization aims to bridge the gap between established corporations and public sector agencies, and certified Minority Business Enterprises (MBEs). By encouraging procurement and collaborations, their ultimate goal is to empower and support these minority-owned businesses, thereby contributing to a more diverse and inclusive business landscape. The Council achieves this mission through various means, including organizing events such as the annual ACCESS Business Expo. At these events, Buying-Entities corporations and public sector agencies have the opportunity to connect with certified MBEs, thereby fostering potential business partnerships. The most recent ACCESS Business Expo in 2022 attracted 1100 attendees, hosted 71 round table sessions, and involved 86 state agencies. The event also saw 5 million awarded at the State of Texas Spot bid Fair, further highlighting its significance in facilitating business opportunities for minority-owned enterprises.
Official website here: www.dfwmsdc.com
Who is the CEO of Dallas Fort Worth Minority Supplier Development Council Inc?
Margo J Posey J Posey is the President of Dallas Fort Worth Minority Supplier Development Council Inc.
Official website here: www.dfwmsdc.com
What is the revenue of Dallas Fort Worth Minority Supplier Development Council Inc?
Dallas Fort Worth Minority Supplier Development Council Inc's revenue in 2022 was $2,853,363.
Official website here: www.dfwmsdc.com
Who are the executives of Dallas Fort Worth Minority Supplier Development Council Inc and what are their salaries?
The average compensation at Dallas Fort Worth Minority Supplier Development Council Inc during 2022 was $116,725. There are 8 employees at Dallas Fort Worth Minority Supplier Development Council Inc.
Here are 25 key members and their salaries:
- Margo J Posey (President) [Trustee/Director]
- Andrew D Nash (Director Of Operations)
- Pamela Nelson (Director/Local Mbeic)
- Bonnie Clinton (Chairperson) [Trustee/Director]
- Don Mckneely (Director/Historian)
- Evelyn Molina (Director)
- Brandon Rakestraw (Director/Treasurer)
- Terri Quinton (Director/National Mbeic Chair Emeritus)
- John Lazano (Chair Emeritus) [Trustee/Director]
- David Sanchez (Director)
- Rob Simpson (Director/2Nd Vice Chair)
- Monica Menzel (Director/Secretary)
- Heather Herndon Wright (Director)
- Tony Marino (Director)
- Monica Schoenemann (Director)
- Jeni Rajbhandari (Director/1St Vice Chair)
- Rachel Kutz (Director)
- Neena Biswas (Director)
- Thomas Crowther (Director)
- Yareli Esteban (Director)
- Joe Adams (Director)
- Kallie Malmgren (Director)
- Gregory Cody (Director)
- Ashley Duffie (Director)
- Edwin Cruz (Certification Manager)
Official website here: www.dfwmsdc.com
Where can I find the form 990 for Dallas Fort Worth Minority Supplier Development Council Inc?
The Dallas Fort Worth Minority Supplier Development Council Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.dfwmsdc.com
Learn more at the official website: www.dfwmsdc.com
Mission Statement of Dallas Fort Worth Minority Supplier Development Council Inc
The Dallas Fort Worth Minority Supplier Development Council, a prominent organization, is committed to fostering and promoting business partnerships. Its mission lies in encouraging and facilitating procurement and business opportunities between major corporations and public sector agencies, and certified Minority Business Enterprises (MBEs). This nonprofit aims to bridge the gap between these entities, ultimately contributing to the growth and success of minority-owned businesses.
To achieve its mission, the Council organizes events like the annual ACCESS Business Expo. This event, such as ACCESS 2022, is designed to provide an avenue for Buying-Entities corporations and public sector agencies to connect with certified MBEs. The Expo, which attracted 1100 attendees, 71 round table sessions, and 86 state agencies in 2022, serves as a platform for fostering valuable business relationships and opportunities. Moreover, the Council championed the State of Texas Spot bid Fair in 2022, which resulted in the awarding of 5 million dollars to MBEs, further demonstrating its commitment to supporting minority-owned businesses.
Impact
This information is meant to be a general summary of Dallas Fort Worth 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
The Dallas Fort Worth Minority Supplier Development Council Inc plays a vital role in facilitating procurement and business opportunities between corporations, public sector agencies, and certified Minority Business Enterprises. This organization's impact can be seen through its annual Business Expo called ACCESS, which brings together key stakeholders to create networking opportunities and facilitate business transactions. In 2022, the Expo attracted 1100 attendees, hosted 71 round table sessions, and featured 86 state agencies. Additionally, the State of Texas Spot bid Fair championed by State Senator Royce West resulted in $5 million being awarded. Through these initiatives, the Council is making tangible strides in promoting diversity and inclusion in the business world and contributing to the economic development of the Dallas/Fort Worth area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1973
Phone
(214) 630-0747
Principal Officer
Margo J Posey J Posey
Main Address
8828 N Stemmons Freeway APT 550, Dallas, TX, 75247
Website
www.dfwmsdc.com
NTEE Category
Code: S43 - Community improvement
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