MINORITY CONSTRUCTION COUNCIL INC

EIN: 203518707 501(c)(3) Employment

HARTFORD, CT

Total Revenue
$584,252
Total Expenses
$468,284
Total Assets
$206,290
Net Assets
$206,290
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
CT
Principal Officer
JENNIFER LITTLE-GREER
Phone
8608820675
Tax Period
2023-01-01 to 2023-12-31

MINORITY CONSTRUCTION COUNCIL INC, founded in 2005, is a small nonprofit in the Employment sector that reported $584K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 20% operating margin.

Mission

THE MINORITY CONSTRUCTION COUNCIL PROVIDES TECHNICAL ASSISTANCE, ADVOCACY, MEMBERSHIP SERVICES, CONTRACTOR TRAINING PROGRAMS AND NETWORKING OPPORTUNITIES FOR MINORITY CONTRACTORS ACROSS THE STATE OF CONNECTICUT.

Program Service Accomplishments

Program 1
Expenses: $256,653 Revenue: $188,685

THE MINORITY CONSTRUCTION COUNCIL PROVIDES TECHNICAL ASSISTANCE, ADVOCACY, MEMBERSHIP SERVICES, CONTRACTOR TRAINING PROGRAMS AND NETWORKING OPPORTUNITIES FOR MINORITY CONTRACTORS ACROSS THE STATE OF...

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THE MINORITY CONSTRUCTION COUNCIL PROVIDES TECHNICAL ASSISTANCE, ADVOCACY, MEMBERSHIP SERVICES, CONTRACTOR TRAINING PROGRAMS AND NETWORKING OPPORTUNITIES FOR MINORITY CONTRACTORS ACROSS THE STATE OF CONNECTICUT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $395,461
Program Service Revenue $188,685
Investment Income $106
Other Revenue $0
TOTAL REVENUE $584,252

Expense Breakdown

Grants Paid $0
Salaries & Benefits $267,432
Fundraising Expenses $0
Program Expenses $256,653
Other Expenses $200,852
TOTAL EXPENSES $468,284

Year-over-Year Comparison

2023 2022 Change
Revenue $584,252 $434,892 +0.3%
Expenses $468,284 $455,443 +0.0%
Net Income $115,968 $-20,551 -6.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
5
Volunteers
10

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BERNARD THOMAS BOARD CHAIRM N/A
Officer Director
$0 $0 $0
JENNIFER LITTLE-GREER EXECUTIVE DI N/A
Officer Director
$0 $0 $0
SHANE KELLY FIRST VICE C N/A
Officer Director
$0 $0 $0
VINCENT GAITHER SECRETARY N/A
Officer Director
$0 $0 $0
JUSTIN MAULDIN TREASURER N/A
Officer Director
$0 $0 $0
VINCENCIA ADUSEI MEMBER N/A
Director
$0 $0 $0
ROHAN FREEMAN MEMBER N/A
Director
$0 $0 $0
LEW ISAACS MEMBER N/A
Director
$0 $0 $0
WILLIE MCBRIDE MEMBER N/A
Director
$0 $0 $0
STEVE MCKENZIE MEMBER N/A
Director
$0 $0 $0
RICARDO SOTIL MEMBER N/A
Director
$0 $0 $0
RICHARD GARCIA MEMBER N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $584,252 $468,284 $206,290 $115,968
2022 $434,892 $455,443 $90,322 $-20,551
2021 $366,251 $300,611 $129,321 $65,640
2020 $263,969 $246,335 $45,233 $17,634
2019 $248,354 $231,548 $27,715 $16,806
2018 $164,860 $159,682 $10,793 $5,178
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