MICHIGAN MINORITY PURCHASING COUNCIL D/B/A MMSDC

EIN: 382292187 501(c)(3) Community Improvement

DETROIT, MI

Total Revenue
$3,428,137
Total Expenses
$6,135,583
Total Assets
$4,658,975
Net Assets
$2,409,953
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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MI
Principal Officer
MICHELLE SOURIE ROBINSON
Phone
3138733200
Tax Period
2023-01-01 to 2023-12-31

MICHIGAN MINORITY PURCHASING COUNCIL D/B/A MMSDC, founded in 1980, is a community nonprofit in the Community Improvement sector that reported $3.4M in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $6.1M exceeded revenue, resulting in a 79% operating deficit.

Mission

THE MICHIGAN MINORITY SUPPLIER DEVELOPMENT COUNCIL ADVANCES BUSINESS OPPORTUNITIES FOR CERTIFIED MINORITY BUSINESS ENTERPRISES AND CONNECTS THEM TO CORPORATE MEMBERS.

Program Service Accomplishments

Program 1
Expenses: $1,606,595

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...

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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. IN A TYPICAL YEAR WE OFFER MORE THAN 200 SESSIONS FOR CORPORATE MEMBERS AND MBES. COLLECTIVELY, WE SERVE OVER 11,000 PARTICIPANTS AND RECEIVE 90% SATISFACTION RATING FOR EACH SESSION. THE ECONOMIC IMPACT WAS $36 BILLION WITH 209,500 JOBS CREATED AND/OR RETAINED.

Program 2
Expenses: $2,921,585

MINORITY BUSINESS DEVELOPMENT/EDUCATIONAL PROGRAMMING: CONDUCT PROFESSIONAL DEVELOPMENT WORKSHOPS AND ONE-ON-ONE CONSULTATIONS THAT PROVIDE INFORMATION AIMED AT PROMPTING GROWTH AND STRENGTHENING...

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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. SERVE NEARLY 2,000 DISTINCT CORPORATE MEMBERS AND MINORITY BUSINESSES THAT PARTICIPATED IN DEVELOPMENT AND NETWORKING EVENTS.

Program 3
Expenses: $726,792

MINORITY BUSINESS ENTERPRISE (MBE) CERTIFICATION: CONDUCT PRE-CERTIFICATION AND ORIENTATION SESSION TO HELP MINORITY BUSINESSES UNDERSTAND THE BENEFITS AND PROCESS FOR CERTIFICATION; UPON RECEIVING...

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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. WE CERTIFY MORE THAN 1,250 MINORITY BUSINESS ENTERPRISES (MBES). WE ALSO CONDUCT 13 PRE-CERTIFICATION BRIEFINGS AND NEW MBE ORIENTATION SESSIONS.

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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 $2,411,589
Program Service Revenue $818,234
Investment Income $103,453
Other Revenue $94,861
TOTAL REVENUE $3,428,137

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,917,504
Fundraising Expenses $310,650
Program Expenses $5,543,804
Other Expenses $4,218,079
TOTAL EXPENSES $6,135,583

Year-over-Year Comparison

2023 2022 Change
Revenue $3,428,137 $5,420,735 -0.4%
Expenses $6,135,583 $5,471,061 +0.1%
Net Income $-2,707,446 $-50,326 +52.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
25
Independent Members
25
Employees
21
Volunteers
117

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
6
$375,710
Total Directors
25
$375,710
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDRA RUSH BOARD MEMBER 1.00
Director
$0 $0 $0
ARTHUR DUDLEY ESQ SECRETARY 1.00
Officer Director
$0 $0 $0
ARTHUR MCCLELLAN BOARD MEMBER 1.00
Director
$0 $0 $0
CARLA NEFF BOARD MEMBER 1.00
Director
$0 $0 $0
DANTE CROCKETT BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF MORRISON VICE-CHAIRMAN 1.00
Officer Director
$0 $0 $0
JIM ROBERTS TREASURER 1.00
Officer Director
$0 $0 $0
KATHRYN MICHELLE SOURIE JOHNSON PRESIDENT/CEO 37.50
Officer Director
$345,845 $29,865 $375,710
LINZIE VENEGAS BOARD MEMBER 1.00
Director
$0 $0 $0
MARCUS LEWIS BOARD MEMBER 1.00
Director
$0 $0 $0
MARLO VITOUS BOARD MEMBER 1.00
Director
$0 $0 $0
RISHIE MODI BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT YOUNG CHAIR 1.00
Officer Director
$0 $0 $0
RON SHAHANI BOARD MEMBER 1.00
Director
$0 $0 $0
SYLVESTER HESTER MBEIC CHAIR 1.00
Officer Director
$0 $0 $0
TAMARA HICKS BOARD MEMBER 1.00
Director
$0 $0 $0
TEKISHA LEE BOARD MEMBER 1.00
Director
$0 $0 $0
TRACY JOSHUA BOARD MEMBER 1.00
Director
$0 $0 $0
TRAVIS SPENCER BOARD MEMBER 1.00
Director
$0 $0 $0
VARCHASVI SHANKAR BOARD MEMBER 1.00
Director
$0 $0 $0
TERESA LEFEVRE BOARD MEMBER 1.00
Director
$0 $0 $0
CASSANDRA ALSON-CHILDS BOARD MEMBER 1.00
Director
$0 $0 $0
HELENA HUTTON BOARD MEMBER 1.00
Director
$0 $0 $0
CASSAUNDRA SIMS BOARD MEMBER 1.00
Director
$0 $0 $0
BRUNO OLVERA BOARD MEMBER 1.00
Director
$0 $0 $0
MARK SHOWS HEAD OF STRATEGIC GROWTH 37.50
Highest
$116,549 $0 $116,549
TAMEKA WILLIAMSON VP, OPERATING EXCELLENCE 37.50
Highest
$153,194 $9,344 $162,538
WILLIAM GRICE VICE PRESIDENT & EXECUTIVE 37.50
Highest
$233,371 $22,562 $255,933
TERI BRADDOCK HEAD OF CERTIFICATION & MB 1.00
Highest
$114,504 $26,456 $140,960
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
2024 No data No data No data No data
2023 $3,428,137 $6,135,583 $4,658,975 $-2,707,446
2022 $5,420,735 $5,471,061 $6,546,503 $-50,326
2021 $4,755,954 $4,633,617 $7,170,599 $122,337
2020 $4,087,908 $3,844,347 $6,312,018 $243,561
2019 $3,435,547 $3,034,860 $5,661,056 $400,687
2018 $3,528,120 $3,555,543 $4,687,244 $-27,423
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