STATEMENT OF ACTIVITIES &P of &N National Minority Supplier Development Council 11/2/2023 4:30 PM 12/31/2022 12/31/2021 REVENUE Membership dues-renewals 10,579,050 8,664,800 Membership dues- new members 2,039,088 2,442,177 Membership dues-Corporate Plus 570,000 525,000 Contributions/sponsorships 8,051,367 3,882,174 Grants & Contracts 1,565,787 2,727,876 Program income 157,000 35,500 Seminar registration, trade show 4,477,338 562,676 and meeting fees Other income 180,171 217,552 Net assets released from restriction: purpose of restrictions satisfied TOTAL REVENUE 27,619,801 19,057,755 EXPENSES Annual conference and BOE 7,418,155 909,641 Corporate success 1,058,789 720,342 Field Services 10,029,609 8,770,358 Grant-funded initiatives 999,807 1,666,879 ITTC-funded initiatives 314 731,655 Leadership series/awards 429 195,561 Marketing & communications 595,341 296,198 MBE economic forum 1,223,818 0 Meeting/event planning 90,248 39,844 Strategic alliances & programs 1,335,703 830,641 Total program services 22,752,213 14,161,119 General administration 4,063,929 3,065,388 Fund development 182,384 176,003 Other 0 0 Total support services 4,246,313 3,241,391 TOTAL EXPENSES 26,998,526 17,402,510 CHANGE IN NET ASSETS 621,275 1,655,245 NET ASSETS, BEGINNING OF PERIOD 8,413,041 6,757,795 NET ASSETS, END OF PERIOD $9,034,316 $8,413,040
Regional Council Company Headquarter City Headquarter State At Risk Payment Past Due Capital Region AARP Washington DC - American Diabetis Association Arlington VA - new member American Red Cross Washington DC - Association of American Medical Colleges Washington DC - new member AstraZeneca Pharmaceuticals LP Gaithersburg Maryland - AvalonBay Arlington Virginia - new member The Boeing Company Arlington Virginia - Booz Allen Hamilton McLean Virginia - Capital One McLean Virginia - EMCOR Government Services Arlington Virginia - Fannie Mae Washington DC - 2021 dues recovered, 2022 dues payment pending Federal Reserve System Washington DC - Freddie Mac McLean Virginia - GMMB, Inc. Washington DC - Grosvenor USA Washington DC - Hilton Worldwide McLean Virginia - IDEMIA Reston Virginia - International Monetary Fund Washington DC - Lincoln Holdings Washington DC - new member Marriott Bethesda Maryland - Mars incorporated McLein Virginia - partial dues payment received McCormick & Company, Inc. Sparks Maryland - National Education Association Washington DC - new member NEA Member Benefits Corporation Gaitherburg Maryland - new member Omnicom Group Arlington Virginia - Revature Reston Virginia - new member Siemens Corporation Washington DC - Sodexo, Inc. Gaithersburg Maryland - Stride, Inc. Herndon Virginia Y T. Rowe Price Owings Mills Maryland - USA Today Network McLean Virginia - Under Armour Baltimore Maryland - United States Postal Service Washington DC - Volkswagen Group of America, Inc. Herndon Virginia - Volunteers of America Inc. Alexandria Virginia - new member Willis Tower Watson Arlington Virginia - CarolinasVirginia Altria Client Services, Inc. Richmond Virginia - American Tire Distributors Hunterville North Carolina - new member American Tower Corp. Cary North Carolina - Apex Analytix Greensboro North Carolina - new member
Atrium Health Charlotte North Carolina - Bank of America Corporation Charlotte North Carolina - Brighthouse Financial Charlotte North Carolina - new member CarMax, Inc. Richmond Virginia - Columbia Forest Products Greensboro North Carolina - Compass Group, North America Division Charlotte North Carolina - Corning Cable Systems Hickory North Carolina - Denny's Corporation Spartanburg South Carolina - Dixon, Hughes Goodman Charlotte North Carolina - Dominion Energy Inc. Richmond Virginia - Duke Energy Charlotte North Carolina - Elior North America Charlotte North Carolina - Extreme Networks, Inc. Morrisville North Carolina - General Electric Co. Wilmington North Carolina - GlaxoSmithKline Research Triangle Pa North Carolina - Hearst Service Center Charlotte North Carolina - Honeywell Charlotte North Carolina - Lenovo (United States) Inc. Morrrisville North Carolina - Lowe's Companies, Inc. Mooresville North Carolina - Markel Corporation Glen Allen Virginia - new member Michelin North America, Inc. Greenville South Carolina - MSC Industrial Supply Company Davidson North Carolina - new member Otis Elevator Florence South Carolina - Owens & Minor Mechanicsville Virginia - Paymentus Corporation Charlotte North Carolina - Performance Food Group Richmond Virginia - Premier, Inc. (Premier Healthcare) Charlotte North Carolina - R. J. Reynolds Tobacco Company/Reynolds American Inc. Winston-Salem North Carolina - Savannah River Nuclear Solutions LLC Aiken South Carolina - Smithfield Foods Richmond Virginia - Sonoco Products Company Hartsville South Carolina - Trane Technologies (IngersollRand) Davidson North Carolina - Volvo Car USA Charleston South Carolina - Volvo Trucks North America, Inc. Greensboro North Carolina - Chicago AT Kearney Chicago Illinois - Abbott Laboratories, Inc. Abbott Park Illinois - AbbVie, Inc. North Chicago Illinois - Aldi Inc. Batavia Illinois - new member The Allstate Corporation Northbrook Illinois - Aon Service Corporation Chicago Illinois - Archer Daniels Midland Chicago Illinois - new member Arthur J. Gallagher Itasca Illinois - Astellas Pharma Northbrook Illinois - new member BMO Harris Bank Chicago Illinois - BP America, Inc. Warrenville Illinois - Barilla America, Inc. Northbrook Illinois -
Baxter International Inc Deerfield Illinois - includes late payment of 2021 dues Beam Suntory Chicago Illinois - new member Blue Cross and Blue Shield Association Chicago Illinois - CDW Corporation Vernon Hills Illinois - CNA Financial Corporation Chicago Illinois - Cresco Labs Chicago Illinois - new member Cushman & Wakefield Chicago Illinois - Delta Dental Insurance Company Oak Brook Illinois - Discover Financial Services Riverswood Illinois - Echo Global Logistics Chicago Illinois - new member Exelon Chicago Illinois - new member Federal Home Loan Bank of Chicago Chicago Illinois - GO2Partners Oak Brook Illinois - Health Care Service Corporation Chicago Illinois - IDEX Corporation Northbrook Illinois - ITS ConGlobal Darien Illinois - new member Illinois Tool Works Glenview Illinois - JBT Corporation Chicago Illinois - new member Jones Lang LaSalle, Inc. Chicago Illinois - The Kraft Heinz Company Chicago Illinois - new member McCain Foods USA, Inc. Lisle Illinois - McDonald's Corporation Oak Brook Illinois - Mondelez International Deerfield Illinois - Motorola Solutions, Inc. Schaumburg Illinois - NiSource Inc. Merrillvelle Indiana - Outworx Group (Aero Operating) East Dundee Illinois - R. R. Donnelley & Sons Company Warren Grove Illinois - Reynolds Consumer Products Lake Forest Illinois - new member Rush Street Interactive Chicago Illinois - new member S&C Electric Company Chicago Illinois - new member SMS Assist LLC Chicago Illinois - Stericycle, Inc. Bannockburn Illinois - Trans Union LLC Chicago Illinois - U.S. Foods Rosemont Illinois - Ulta, Inc. Bollingbrook Illinois - new member United Continental Holdings Chicago Illinois - United States Cellular Corporation Chicago Illinois - Walgreen Co. Deerfield Illinois - Weber-Stephen Products LLC Palatine Illinois - new member WESCO Anister Glenview Illinois - William Blair Chicago Illinois - Zebra Technology Lincolnshire Illinois - Dallas/Ft. Worth AT&T Inc. Dallas Texas - American Airlines, Inc. Fort Worth Texas - The Beck Group Dallas Texas -
BNSF Railway Company Fort Worth Texas - Cambium Learning Dallas Texas - Celanese International Corporation Irving Texas - Charles Schwab Corporation Westlake Texas - new member Comerica Bank Dallas Texas - Ericsson Inc. Plano Texas - Exxon Mobil Corporation Irving Texas - Flagship Enterprises Southlake Texas - Fluor Corporation Irving Texas - GM Financial Fort Worth Texas - Kimberly-Clark Corporation Irving Texas - Nokia, Inc. Plano Texas - Nothing Bundt Cakes Addison Texas - PLH Group Irving Texas - Southwest Airlines Dallas Texas - Toyota Motor North America Plano Texas - Verizon, Inc. Irving Texas - Vistra Energy (Energy Future Holdings) Dallas Texas - Vizient Inc. (MedAssets) Irving Texas - Eastern ARAMARK Corporation Philadelphia Pennsylvania - American Water, Inc. Voohees New Jersey - AmeriHealth Caritas Services LLC Philadelphia Pennsylvania - Amerisource Bergen Corporation Conshohocken Pennsylvania - 2021 dues recovered, 2022 dues payment pending Armada Pittsburgh Pennsylvania - new member ASM Global West Conshohocken Pennsylvania - new member Aston Carter (Aerotek) Bala Cynwyd Pennsylvania - The Bancorp Wilmington Delaware - Bayer, Inc. Pittsburgh Pennsylvania - Bimbo Bakeries Inc. Horsham Pennsylvania - Campbell Soup Company Camden New Jersey - Carnegie Learning Inc. Pittsburgh Pennsylvania - new member Comcast NBC Universal Philadelphia Pennsylvania - Communications Test Design, Inc. West Chester Pennsylvania - Dick's Sporting Goods Coraopolis Pennsylvania - DuPont Wilmington Delaware - Erie Insurance Erie Pennsylvania - Essential Utilities (Peoples Natural Gas) Pittsburgh Pennsylvania - Essity Hygiene and Health Philadelphia Pennsylvania - Foot Locker Camp HIll Pennsylvania - Fulton Bank Lancaster Pennsylvania - new member Henkels & McCoy Blue Bell Pennsylvania - 2021 dues recovered, 2022 dues payment pending The Hershey Company Derry Township Pennsylvania - Highmark Health Pittsburgh Pennsylvania - Incyte Corporation Wilmington Delaware -
The Judge Group Wayne Pennsylvania - Koppers, Inc. Pittsburgh Pennsylvania - Merakey USA Lafayette Hill Pennsylvania - Mine Safety Appliances Company Cranberry Township Pennsylvania - Navient Corporation Wilmington Delaware - The PNC Financial Services Group Pittsburgh Pennsylvania - Peapod Digital Labs Carlisle Pennsylvania - Penn National Gaming Wyomissing Pennsylvania - The Pew Charitable Trusts Philadelphia Pennsylvania - QVC, Inc. West Chester Pennsylvania - SAP SE Newtown Suare Pennsylvania - TE Connectivity Berwyn Pennsylvania - 2021 dues recovered, 2022 dues payment pending UGI Corporation King of Prussia Pennsylvania - Unisys Corporation Blue Bell Pennsylvania - University of Pittsburgh Medical Center Pittsburgh Pennsylvania - VWR International, LLC Radnor Pennsylvania - Vangard Malvern Pennsylvania - Wellspan Health York Pennsylvania - West Pharmaceuticals Services Inc. Exton Pennsylvania - new member Florida State The Auto Club Group Heathrow Florida - Beeline.com Inc. Jacksonville Florida - new member Blink Charging Miami Beach Florida - new member Brasfield & Gorrie, LLC Lake Mary Florida - CHEP International, Inc. Orlando Florida - 2021 dues recovered, 2022 dues payment pending CSX Transportation Inc. Jacksonville Florida - Citrix Systems Ft. Lauderdale Florida - Darden Restaurants, Inc. Orlando Florida - 2021 dues recovered, 2022 dues payment pending DHL Express USA Plantation Florida - Diversified Maintenance Systems Tampa Florida - Fidelity Information Services (FIS) Jacksonville Florida - General Dynamics-Ordnance and Tactical Systems Saint Petersburg Florida - new member Hertz Corporation Estero Florida - KForce Inc. Tampa Florida - Knight Foundation Miami Florida - LSQ Funding Orlando Florida - new member Mears Group Orlando Florida - Miller Electric Company Jacksonville Florida - NASCAR Daytona Beach Florida -
The ODP Corporation Boca Raton Florida - Raymond James Financials Saint Petersburg Florida - Royal Caribbean Cruises Ltd. Miami Florida - Ryder System, Inc. Miami Florida - Southeastern Grocers Inc. Jacksonville Florida - new member Southern Glazer's Wine and Spirits, LLC Miami Florida - Spirits Airlines Miami Florida - The Suddath Companies Jacksonville Florida - Truelieve Florida - Georgia AFLAC U.S. Columbus Georgia - Ansco & Associates, LLC Norcross Georgia - ARCO Design Atlanta Georgia - new member Artera Services Atlanta Georgia - new member Axis Speciality US Services Inc. Alpharetta Georgia - new member The Coca-Cola Company Atlanta Georgia - Cox Enterprises, Inc. Atlanta Georgia - Crawford & Company Peachtree Corners Georgia - new member DAL Global Service/Unifi Services Atlanta Georgia - Delta Air Lines, Inc. Atlanta Georgia - E&I Cooperative Services Cumming Georgia - Equipment Controls Co. Norcross Georgia - First Advantage Corporation Atlanta Georgia - Fiserve/First Data Corporation Atlanta Georgia - Fox Factory, Inc. Duluth Georgia - Global Payments Atlanta Georgia - Grady Health System Atlanta Georgia - The Home Depot, Inc. Atlanta Georgia - Imerys SA Andersonville Georgia - Insight Sourcing Group Atlanta Georgia - Intercontinental Exchange Inc. Atlanta Georgia - Invesco Atlanta Georgia - Kilpatrick Townsend & Stockton LLP Atlanta Georgia - LifeWorks Atlanta Georgia - NCR US Atlanta Georgia - Norfolk Southern Corporation Atlanta Georgia - new member OFS Fitel, LLC Norcross Georgia - Randstad USA Atlanta Georgia - Slalom LLC Atlanta Georgia - new member The Southern Company Atlanta Georgia - Southern Company Gas Atlanta Georgia Y Truist (SunTrust Banks, Inc.) Atlanta Georgia - United Parcel Service, Inc. Atlanta Georgia - Vanderlande Industries Marietta Georgia - new member Greater New England Abt Associates Cambridge Massachusetts - Arbella Service Company Quincy Massachusetts - new member Avangrid (Iberdrola USA) Orange Connecticut - Babson College Babson Park Massachusetts - new member
Bain and Company Boston Massachusetts - Boston Consulting Group Boston Massachusetts - Boston Properties Boston Massachusetts - Boston Scientific Corporation Natick Massachusetts - Bowdoin College Brunswick Maine - CIGNA Broomfield Connecticut - CVS Health Woonsocket Rhode Island - Charter Communications Stamford Connecticut - Citizens Bank, N.A. Providence Rhode Island - Clean Harbors Norwell Massachusetts - DentaQuest Boston Massachusetts - Fidelity Investments Boston Massachusetts - Groom Construction Company Salem Massachusetts - Harman International Industries Stamford Connecticut - The Hartford Hartford Connecticut - Henkel Corporation North America Rocky Hill Connecticut - Houghton Mifflin Harcourt Boston Massachusetts - Hubbell Inc. Shelton Connecticut - ISG Information Services Group Americas Stanford Connecticut - new member Iron Mountain Boston Massachusetts - Lapine Stanford Connecticut - Legrand North America West Hartford Connecticut - Liberty Mutual Group Boston Massachusetts - Massachusetts Mutual Life Insurance Co. Springfield Massachusetts - National Grid USA Waltham Massachusetts - Nixon Peabody LLP Boston Massachusetts - new member Parexel International Waltham Massachusetts - Pitney Bowes Inc. Stamford Connecticut - Raytheon Company Waltham Massachusetts - Santander Bank of North America Boston Massachusetts - Stanley Black & Decker New Britain Connecticut - Staples Inc. Framingham Massachusetts - State Street Corporation Boston Massachusetts - Subway (Franchise World Headquarters, LLC) Milford Connecticut - new member Sun Life Wellesley Hills Massachusetts - Synchrony Stamford Connecticut - The TJX Companies, Inc. Framingham Massachusetts - Thermo Fisher Scientific Inc. Waltham Massachusetts - UNFI (SUPERVALU) Providence Rhode Island - Unispace Boston Massachusetts - United Rentals, Inc. Greenwich Connecticut - W. B. Mason Brockton Massachusetts - WEX Portland Maine - new member Houston Accelerated Learning, Inc. Houston Texas - BMC Software, Inc. Houston Texas - Calpine Corporation Houston Texas - CenterPoint Energy, Inc. Houston Texas -
Cognizant Technology Solutions Collage Station Texas - new member ConocoPhillips Houston Texas - Crown Castle Houston Texas - ENGIE North America Houston Texas - recovered membership Hess Corporation Houston Texas - Live Nation Houston Texas - MRC Global La Porte Texas - Phillips 66 Houston Texas - Quanta Services Houston Texas - new member Shell Oil Company Houston Texas - Sysco Houston Texas - TechnipFMC Houston Texas - Waste Management, Inc. Houston Texas - Woodside Energy (BHP) Houston Texas - Michigan Accor Management Canada Toronto Ontario - new member Adient US, LLC Plymouth Michigan - Aisin World Corporation Plymouth Michigan - Aptiv Troy Michigan - Barton Malow Southfield Michigan - BorgWarner Inc. Auburn Hills Michigan - Consumers Energy Company Jackson Michigan - new member Continental AG Auburn Hills Michigan - DTE Energy Company Detroit Michigan - Domino's Pizza Ann Arbor Michigan - new member The Dow Chemical Company Midland Michigan - eProcurement Services Auburn Hills Michigan - Flagstar Bank Troy Michigan - new member Ford Motor Company Dearborn Michigan - General Motors Company, LLC Detroit Michigan - George P. Johnson Auburn Hills Michigan - Herman Miller, Inc. Zeeland Michigan - Impellam NA (The Bartech Group) Southfield Michigan - Kellogg Company Battle Creek Michigan - Kelly Services, Inc. Troy Michigan - Lear Corporation Southfield Michigan - Magna International of America Inc. Troy Michigan - new member Masco Corporation Livonia Michigan - Materne North America Grawn Michigan - Meijer Walker Michigan - RBC Royal Bank Toronto Ontario - Rocket Companies Detroit Michigan - Softchoice Corporation Toronto Ontario - Steelcase Inc. Grand Rapids Michigan - Stellantis (FCA) Auburn Hills Michigan - Stryker Corporation Kalamazoo Michigan - TCF Financial Corp. Detroit Michigan - TRAM, Inc. Plymouth Michigan - Trinity Health Corporation Livonia Michigan - new member UAW Retiree Medical Benefits Trust Detroit Michigan -
Vistesco Technologies USA, LLC Auburn Hills Michigan - new member Whirlpool Benton Harbor Michigan - YanFeng USA Automotive Harrison Township Michigan - Mid-States Allegion PLC Carmel Indiana - Anthem Indianapolis Indiana - new member Caterpillar Inc. Peoria Illinois - Centene Corporation St. Louis Missouri - Corteva Agriscience Indianapolis Indiana - Cummins Inc. Columbus Indiana - Eli Lilly and Company Indianapolis Indiana - Enterprise Holdings St. Louis Missouri - Hillebrand Inc. Batesville Indiana - new member Indiana University Bloomington Indiana - Mallinckrodt Pharmaceuticals St. Louis MIssouri - Meridian Medical Technologies, St. Louis Missouri - Mid-Continental Independent Carmel Indiana - The Resource Group (Ascension St. Louis Missouri - Spire, Inc. St. Louis Missouri - new member State Farm Insurance Bloomington Illinois - Mountain Plains Associated Wholesale Grocers Inc. Kansas City Kansas - Black & Veatch Corporation Overland Park Kansas - Burns & McDonnell Kansas City Missouri - ConAgra Brands Omaha Nebraska - new member Kiewit Corporation Omaha Nebraska - Leggett & Platt, Incorporated Carthage Missouri - new member MolsonCoors LLC Denver Colorado - National Education Loan Network (Nelnet) Lincoln Nebraska - VF Corporation Denver Colorado - Zivaro, Inc. Denver Colorado - new member New York & New Jersey Accenture LLP New York New York - Adecco USA, Inc. Melville New York - ADP LLC Roseland New Jersey - American Express New York New York - Apollo Global Management New York New York - new member Assurant, Inc. New York New York - Avis Budget Group, Inc. Parsippany New Jersey - BASF Corporation Florham Park New Jersey - BMW North America, LLC Woodcliff Lake New Jersey - recovered membership BNY Mellon Corporation New York New York - Barclays Capital Inc. New York New York - Bausch Health Companies (Valeant Pharmaceuticals) Rochester New York - Becton, Dickinson & Company Franklin Lakes New Jersey - Bedford, Freeman & Worth Publishing New York New York - BlackRock, Inc. New York New York - Bristol-Myers Squibb Company New York New York - Brothers' International Bridgewater New Jersey -
Buck Global Atlanta Georgia - Burlington Stores Burlington New Jersey - new member Capgemini USA New York New York - 2021 dues recovered, 2022 dues payment pending Church & Dwight Co., Inc. Ewing New Jersey - Citi New York New York - Colgate-Palmolive Company New York New York - CompoSecure Somerset New Jersey - new member Credit Suisse New York New York - Deloitte, LLC New York New York - Dentsu International New York New York - new member The Dun & Bradstreet Corporation Short Hills New Jersey - Endeavor New York New York - Estee Lauder Company Melville New York - Ernst & Young New York New York - FarFetch.com New York New York - new member Fox News Network New York New York - Genpact US New York New York - Goldman Sachs New York New York - Guardian Life Insurance Company New York New York - H&M New York New York - new member HSBC Bank USA New York New York - new member International Business Machines Corporation Armonk New York - The Interpublic Group of Companies, Inc. New York New York - JPMorgan Chase & Co. New York New York - JetBlue Airways Lon Island City New York - Johnson & Johnson New Brunswick New Jersey - KPMG USA New York New York - Kyndryl Inc. New York New York - new member Leukemia & Lymphoma Society Rye Brook New York - Lindenmeyr Munroe Purchase New York - new member L'Oreal New York New York - M&T Bank Buffalo New York - Major League Baseball New York New York - Marsh & McLennan Companies, Inc. New York New York - MasterCard Purchase New York - McGraw-Hill Education Hightstown New Jersey - McKinsey & Company New York New York - Merck & Co., Inc. Whitehouse Station New Jersey - MetLife, Inc. New York New York - Mizuho Group New York New York - Morgan Stanley New York New York - MUFG Union Bank New York New York - National Basketball Association New York New York - National Football League New York New York - new member New York Life Insurance Company New York New York -
The New York Times New York New York - Newmark Group New York New York - new member NFP New York New York - new member The Nielsen Company New York New York - Novartis Pharmaceuticals Corporation East Hanover New Jersey - 2021 and 2022 dues payments pending Organon, LLC Jersey City New Jersey - new member Ortho-Clinical Diagnostics, Inc. Raritan New Jersey - Otzuka America Pharmaceuticals Princeton New Jersey - new member Panasonic North America Newark New Jersey - Peloton Interactive New York New York - PepsiCo, Inc. Purchase New York - Pfizer Inc New York New York - Presidio New York New York - new member PricewaterhouseCoopers LLP New York New York - Prudential Financial Newark New Jersey - Publicis Healthcare New York New York - PVH Corporation New York New York - new member Quest Diagnostics Inc. Secaucus New Jersey - Realogy Madison New Jersey - Regeneron Pharmaceuticals Tarrytown New York - new member RELX Group (Reed Elsevier, Inc.) New York New York - Saatchi & Saatchi New York New York - 2021 and 2022 dues payments pending Saks Off 5th New York New York - Savvas Learning Paramus New Jersey - Scholastics Corporation New York New York - Sephora New York New York - Standard Chartered Bank New York New York - TIAA-CREF New York New York - Tinuiti New York New York - new member Tishman Speyer New York New York - Travel & Leisure Company Parsippany New Jersey - Turner & Townsend New York New York - Turner Construction Company New York New York - UBS Business Solutions Weehawken New Jersey - Unilever Englewood Cliffs New Jersey - United States Tennis Association White Plains New York - Veris Residential, Inc. Jersey City New Jersey - new member Viacom New York New York - Voya Financial (ING) New York New York - WPP New York New York - Wyndham Hotels & Resorts Parsippany New Jersey - Xylem, Inc. Rye Brook New York - Zoetis Services Parsippany New Jersey - North Central American Family Insurance Sun Prairie Wisconsin - American Public Media Group St. Paul Minnesota - Berkshire Hathaway Des Moines Iowa - new member
Best Buy Richfield Minnesota - Bright Health Group Minneapolis Minnesota - C.H. Robinson Worldwide, Inc. Eden Prairie Minnesota - Cargill, Inc. Wayzata Minnesota - Ecolab, Inc. Saint Paul Minnesota - includes late payment of 2021 dues Fastenal Company Winona Minnesota - Federal Home Loan Bank of Des Moines Des Moines Iowa - General Mills, Inc. Minneapolis Minnesota - includes late payment of 2021 dues Harley-Davidson Motor Company Milwaukee Wisconsin - partial dues payment received Johnson Controls, Inc. Milwaukee Wisconsin - Kohl's Department Stores Menomonee Falls Wisconsin - Loram Maintenance of Way Hamel Minnesota - ManpowerGroup Milwaukee Wisconsin - Medtronic, Inc. Minneapolis Minnesota - Meredith Corporation Des Moines Iowa - MetaBank National Association Sioux Falls South Dakota - Northwestern Mutual Milwaukee Wisconsin - new member Oshkosh Corporation Greenville Wisconsin - Principal Financial Group Des Moines Iowa - Quad Sussex Wisconsin - Robins Kaplan LLC Minneapolis Minnesota - Ryan Companies US, Inc. Minneapolis Minnesota - Schneider Green Bay Wisconsin - Snap-On Incorporated Kenosha Wisconsin - Starkey Hearing Technologies Eden Prairie Minnesota - Target Corporation Minneapolis Minnesota - Toppan Merrill St. Paul Minnesota - new member U.S. Bank Minneapolis Minnesota - UnitedHealth Group Inc. Minnetonka Minnesota - The Weitz Company Des Moines Iowa - new member Winnebago Industries Inc. Forest City Iowa - new member Wisconsin Energy Corporation/We Energies Milwaukee Wisconsin - Northwest Mountain Alaska Airlines Seattle Washington - new member Amazon Seattle Washington - BGIS Global Integrated Solutions US LLC Seattle Washington - Convoy Seattle Washington - Enbridge Calgary Alberta, Canad - Fortive Everett Washington - new member Micron Technology Boise Idaho - Microsoft Corporation Redmond Washington - Nike, Inc. Beaverton Oregon - Nordstrom Seattle Washington -
Northwest Evaluation Association (NWEA) Portland Oregon - Nutrient Potash Corporation) Kaskatoon, SK Canada - O.C. Tanner Company Salt Lake City Utah - Providence Renton Washington - new member Recreational Equipment Lynwood Washington - Starbucks Coffee Company Seattle Washington - T-Mobile Bellevue Washington - TC Energy Calgary Alberta, Canad - Wieden + Kennedy, Inc. Portland Oregon - Ohio Advanced Drainage Systems Hilliard Ohio - new member Bread Financials Columbus Ohio - new member Brookfield Properties Cleveland Ohio - new member Cardinal Health, Inc. Dublin Ohio - Cincinnati Childrens Hospital Medical Center Cincinnati Ohio - new member Cintas Corporation Cincinnati Ohio - Commercial Vehicle Group, Inc. New Albany Ohio - Eaton Corporation Cleveland Ohio - Fifth Third Bancorp Cincinnati Ohio - First Financial Cincinnati Ohio - Honda of America Manufacturing, Inc. Marysville Ohio - Huntington National Bank Columbus, Ohio - KeyBank National Association Cleveland Ohio - The Kroger Company Cincinnati Ohio - Leadec Corporation Cincinnati Ohio - new member Macy's, Inc. Cincinnati Ohio - Marathon Petroleum Corporation Findlay Ohio - Messer Construction Company Cincinnati Ohio - National Church Residences Columbus Ohio - Nationwide Columbus Ohio - new member The NRP Group LLC Cleveland Ohio - OhioHealth Columbus Ohio - The Procter & Gamble Company Cincinnati Ohio - Signet Group Services US Inc. Akron Ohio - Sinclair Community College Daytona Beach Ohio - Victoria Secret & Company Reynoldsburg Ohio - new member Pacific Southwest AMN Healthcare Inc. San Diego California - Axon Scottsdale Arizona - B2GNow Phoenix Arizona - Centuri Group (NPL Construction) Phoenix Arizona - Dexcom Inc. San Diego California - Fender Musical Instruments Corp. Scottsdale Arizona - Insight North America, Inc. Chandler Arizona - new member Qdoba Mexican Eats San Diego California - Republic Services Phoenix Arizona -
Southern California Amgen Inc. Thousand Oaks California - Anschutz Entertainment Group (AEG) Los Angeles California - Ares Management Los Angeles California - new member Auction.com (Irvine, CA) Irvine California - new member CBRE Group, Inc. Los Angeles California - Capital Group Los Angeles California - CEDAR-SINAI Health System Los Angeles California - new member Chipotle Grill Newport Beach California - Edwards Lifesciences Corporation Irvine California - new member Experian Costa Mesa California - Farmers Insurance Group Los Angeles California - KIA America Irvine California - Korn Ferry International Los Angeles California - new member Lionsgate Entertainment Company Santa Monica California - Nestlé USA, Inc. Glendale California - RightSourcing (Pro Unlimited) Irvine California - Sony Pictures Entertainment Culver City California - Southern California Edison Rosemead California - The Walt Disney Company Burbank California - Southern Region Entergy Corporation New Orleans Louisiana - Motion Industries Birmingham Alabama - 2021 dues recovered, 2022 dues payment pending Regions Financial Corporation Birmingham Alabama - Shipt, Inc. Birmingham Alabama - new member Tyson Foods, Inc. Springdale Arkansas - Walmart Stores, Inc. Bentonville Arkansas - Southwest Applied Materials, Inc. Austin Texas - includes late payment of 2021 dues CLEAResult Consulting, Inc. Austin Texas - Dell Inc. Round Rock Texas - Digital Realty Austin Texas - new member Element Fleet Management Austin Texas - ISS Facility Services, Inc. San Antonio Texas - Indeed Inc. Austin Texas - National Instruments (NI) Austin Texas - new member USAA San Antonio Texas - Tri-State Asurion Nashville Tennessee - Broadcast Music Nashville Tennessee - Change Healthcare Nashville Tennessee - Corizon Health, Inc. Brentwood Tennessee - Dollar General Goodlettsville Tennessee - new member Education Networks of America Nashville Tennessee - FedEx Corporation Memphis Tennessee -
Haier U.S. Appliances Solutions Inc. Louisville Kentucky - HealthTrust Purchasing Group Brentwood Tennessee - Humana, Inc. Louisville Kentucky - International Paper Company Memphis Tennessee - Layton Construction Brentwood Tennessee - Louisiana-Pacific Corporation Nashville Tennessee - Nissan North America, Inc. Franklin Tennessee - Papa John's USA Louisville Kentucky - Sedgwick Claims Management Services, Inc. Memphis Tennessee - recovered membership - Unum Group Chattanooga Tennessee - Western Regional Adobe San Jose California - Agilent Technologies Santa Clara California - Allison Partners San Francisco California - new member Apple, Inc. Cupertino California - Auto Desk San Francisco California - new member Caesars Entertainment Corporation Las Vegas Nevada - Chevron Corporation San Ramon California - Cisco Systems San Jose California - new member ClearCapital.com, Inc. Reno Nevada - The Clorox Company Oakland California - Cruise LLC San Francisco California - DPR Construction Redwood City California - new member Facebook Inc. Menlo Park California - Genentech, Inc. South San Francisco California - Global Experience Specialists Inc. Las Vegas Nevada - Google Mountain View California - HCL America Sunnyvale California - new member HP, Inc. Palo Alto California - 2021 dues recovered, 2022 dues payment pending Gilead Sciences Foster City California - new member Infinera Corporation Sunnyvale California - Intel Corporation Santa Clara California - Intuit Inc. Mountain View California - new member Kaiser Foundation Health Plan, Inc. Oakland California - KBS Oceanside California - new member Levi Strauss & Co. San Francisco California - Logitech Newark California - Low Income Invest Fund (LIIF) San Francisco California - MGM Resorts International Las Vegas Nevada - Net App, Inc. San Jose California - new member Netflix Los Gatos California - new member Pacific Gas and Electric Company San Francisco California - Palo Alto Networks Santa Clara California - new member Pro Unlimited Walnut Creek California - Prologis San Francisco California -
R&R Partners Las Vegas Nevada - Resource Innovations (Nexant, Inc.) San Francisco California - Robert Half International, Inc. Menlo Park California - Salesforce San Francisco California - Samsung Next Mountain View California - Scientific Games Corporation Las Vegas Nevada - ServiceNow Inc. Santa Clara California - new member SPLUNK, Inc. San Francisco California - Sunpower Corporation East Garrison California - new member Swinerton Inc. San Francisco California - Taulia Inc. San Francisco California - new member TriNet USA Dublin California - Twitter San Francisco California - Upwork Inc. Santa Clara California - VMWare Palo Alto California - new member Visa, Inc. Foster City California - Wells Fargo & Company San Francisco California - Williams-Sonoma San Francisco California - Workday, Inc. Pleasanton California - new member
Regional Council Company Headquarter City Headquarter State 2021 Dues Payment 2022 Dues Assessment Capital Region HMS Host Bethesda Maryland - 12,750 Terumo Medical Elkton Maryland - 12,750 2 members - 25,500 Carolinas-Virginia MSDC SAS Institute Inc. Cary North Carolina 12,750 12,750 SPX Flow Charlotte North Carolina 12,750 12,750 2 members 25,500 25,500 Chicago Chicago Mercantile Chicago Illinois 12,750 12,750 Moss Holding Company Franklin Parl Illinois 9,000 9,000 Northern Trust Company Chicago Illinois - 12,750 Schneider Electric USA, Inc. Palatine Illinois - 12,750 4 members 21,750 47,250 Eastern Axalta Coating Systems, LLC Philadelphia Pennsylvania - 12,750 Covestro LLC (a) Pittsburgh Pennsylvania - 9,000 TD Bank Group Cherry Hill New Jersey - 12,750 3 members - 34,500 Florida State The Haskell Company Jacksonville Florida 12,750 12,750 Georgia WestRock Norcross Georgia - 25,300 Greater New England IDEO Cambridge Massachusetts 9,000 9,000 Haartz Corporation Acton Massachusetts - 9,000 2 members 9,000 18,000 Houston NRG Energy Houston Texas 25,300 25,300 U.S. Silica Katy Texas 12,750 12,750 2 members 38,050 38,050 Michigan Flextrack Toronto Ontario 9,000 9,000 Mid-States Government Employee Health Lee's Summit Missouri - 12,750 Poettker Construction Company Breese Illinois - 9,000 2 members - 21,750 Mountain Plains JE Dunn Construction Kansas City Missouri - 12,750 New York & New Jersey Kiddom Inc. New York New York 9,000 9,000 S&P Global New York New York 19,000 19,000 Tata America International Edison New Jersey 19,000 19,000 Teladoc Health Purchase New York 12,750 12,750 2022 Lapsed Memberships
Warner Bros. Discovery Inc. New York New York 19,000 19,000 WIPRO Limited, Inc. East Brunswick New Jersey 9,139 19,000 WW International New York New York 12,750 12,750 7 members 100,639 110,500 North Central Zurn Elkay Water Solutions (Rexnord Corporation) Milwaukee Wisconsin 12,750 12,750 Ohio Coupa Software, Inc. Cincinnati Ohio - 9,000 The Goodyear Tire & Rubber Akron Ohio - 31,750 T. Marzetti Westerville Ohio 12,750 12,750 Trans Ash Cincinnati Ohio 9,000 9,000 4 members 21,750 62,500 Southwest Sirius Computer Solutions San Antonio Texas 12,750 12,750 TriState Inc. Lebanon Tennessee - 12,750 Western Regional Ross Stores, Inc. Dublin California - 25,300 36 Members 263,939 506,900
From: Stacey Key To: Margo; [email protected] Cc: [email protected]; "Stan Sena"; Michelle Robinson Subject: RE: KPIs Date: Tuesday, November 28, 2023 8:51:24 PM Attachments: image001.png image002.png Margo thank you for your message and since there has been no engagement on the KPI's I think it's important to add you and Al to the affiliate agreement team with Michelle and Stan. I will discuss with them tomorrow and see that you get a copy of the initial draft affiliate agreement to work in partnership with the team. Please let me know if you have additional questions. Sent via the Samsung Galaxy S22+ 5G, an AT&T 5G smartphone -------- Original message -------- From: Margo <[email protected]> Date: 11/28/23 2:16 PM (GMT-05:00) To: "[email protected]" <[email protected]> Cc: [email protected], Stacey Key <[email protected]> Subject: KPIs Hi Fernando, I’m contacting you on behalf of the Affiliates. As Stacey has brought to your attention, Al and I were asked to meet with you and your respective team on KPIs of the new agreement. Without seeing the agreement, it is impossible to discuss and determine KPIs. However, I know how important KPIs were for you and NWMMSDC under your leadership and the vocalization of the need of KPIs for both NMSDC and the Affiliates when you served as president of NWMMSDC. Al and I welcome the opportunity to meet and discuss potential KPIs at your earliest convenience. A preliminary draft of the Affiliate agreement, which was to be shared with Michelle and Stan, would be helpful. Yours in Servant Stewardship, Margo
UNRESOLVED FUNDS DUE TO AFFILIATE COUNCILS Fernando and Ying, Thank you for your note, and for your efforts to assist with this reconciliation process. I know this has been a journey that no one anticipated being on. Our number one priority is to wrap this up before the end of the year with all funds for 2022 and 2023 reconciled and distributed to affiliates by December 15th. Once this process is behind us, we will have an opportunity to investigate what got us here, review the current internal processes and procedures, determine what got us to this point, and work collaboratively to establish new processes to prevent a recurrence in the future. As you can imagine it was a bit concerning to hear “Thank you for bringing this to our attention," when affiliates are due roughly $4M in total based on the limited financial information (we will provide requested financial information) I have. With a controller, COO, CEO, treasurer, and finance committee in place, surely someone should have noticed that something was awry and brought it to everyone’s attention. Nevertheless, we want to start 2024 with a clean slate and new processes and procedures that build confidence in the NMSDC financial infrastructure. Please see below my responses to your comments in previous messages, and our ask of you moving forward. We look forward to scheduling the meeting to review the financials to bring the outstanding funding and distribution to closure by December 15th. 1. 2022 Member Dues Distribution Reconciliation. After careful analysis it has been determined that the regional affiliates are owed $509,429 for 2022. On Thursday, Nov. 2 you will receive the workbook along with the 2022 Financials. On Friday, Nov. 3 payment/distribution will be processed to all 23 regional affiliates. We have received these funds, and thank you, but on what data were these payments based? You did not provide the audited financial statements, or any financial statements as requested. You did insert into the spreadsheet a snipped of the statement of financial position. Please provide the data as requested so we can confirm your analysis. As you know, we had numerous problems with the performance calculations and had to rely on Accenture to validate that information for accuracy. We are discussing utilizing a 3rd party again to ensure integrity of data and accuracy in the calculations. Fernando: The 2022 Statement of Activities (Income Statement) was utilized to determine National Dues Distribution. This distribution workbook dated 11/02/2023 included a worksheet titled Statement of Activities. See attached excel workbook. 2. 2023 Q1-Q3 Member Dues Distribution Reconciliation. Our Previous Commitment: Have Q1-Q3 Reconciliation complete by Wednesday, Nov. 1. Unfortunately, we are not able to complete the process by today as committed. Several factors contributed to this delay including a shift in personnel and technology issues. I agree that this is unfortunate. You indicate that some of the challenge is a lack of resources dedicated to this process. As NMSDC has tripled the size of the staff, from 17 to close to 50, I would hope some of those FTEs would be allocated to support resolving this critical issue. Please let us know what you need, and possibility we can identify resources to support your efforts to get this done sooner than later. Remember the goal is to have all funds distributed by December 15, 2023. Fernando: We expect to meet this requirement. Our Ask: Your support in allowing us to complete the reconciliation process by the end of November. Due to system and personnel constraints, our AR reconciliation associated with the 2023 Q1-Q3 will take longer than anticipated but will be completed by Wednesday, Nov. 15. Final
reconciliation documents, including financials, will also be distributed as early as Friday, Nov. 17 and no later than Thursday, Nov. 30. The additional time will enable us to ensure our financial analysis is sound and correct. We will agree to support the November 30th date with the understanding that all 2022 and 2023 funds will be distributed to councils by December 15, 2023, with 3rd party verification. Given the number of deadlines missed throughout this year, as you can imagine there is a low level of confidence in NMSDC meeting timeline commitments. Let us know what you need to support this timeline. Fernando: Titus Mitchell Accounting Firm audits National Dues Distribution at the end of each fiscal year. The audit validates Dues Distribution at the NMSDC (distribution) and Regional Affiliate level (receipt). At the present time there is no authorization to engage any additional 3rd party firm to validate. Our Current Distribution: In advance of finalizing Q1-Q3 reconciliation, we distributed $989,000 to the regional affiliates on Oct. 19. Any applicable outstanding dues owed will be processed within 48 hours of Q1-Q3 reconciliation completion. Yes, you did distribute funds in October, but you missed all the quarterly deadlines you established throughout the year for distributing funds and providing the reconciliation. You may recall we sent numerous emails requesting reconciliation and bringing this to your attention with the final email going to Ying on October 5th. 3. The November monthly payment, based on estimated dues, will be processed on Friday, Nov. 11. Due to the estimated distributions made throughout the year, adjustments may need to be made in the December estimated payment. The 2023 Q4 reconciliation process is beginning immediately. 2023 Q4 true-up will be completed during 2024 Q1. 2023 Final Reconciliation will take place Q1- 2024. We received the monthly payment in the amount of $21,712 - which is different from what we have been receiving of $22,922. I sent an email requesting clarification immediately with no response. We don’t disagree with adjustments and changes, but if you found the resources needed to calculate an adjustment to the monthly distribution, there should have been time and resources set aside to complete the process. Also, it was reported at the conference that NMSDC is in the best financial position in its history, with 53 new corporate members and 100% retention. Given that, should we not expect the monthly allocation to increase if our ratio is still the same? Please provide the data to support the change. Fernando: Data will be provided to support the Dues Distribution. Thank you for your patience during this year as we transitioned from past practices and personnel. We apologize for the delays you have experienced as a result of the transition. We continue to work on improving the processes, including implementing new CRM and simplified reporting that we expect will improve the process as well. Please review the shared information and materials and if you have any comments, questions, or concerns don’t hesitate to contact me. Unfortunately, patience is running thin, as this is not the way to run a business. It has been an entire year, and many councils depend on these funding sources to meet their respective obligations. Clearly there is a breakdown somewhere in the process. Please remember ’Thank you for bringing this to our attention' as we work to bring closure to an outstanding estimated debt of roughly $4M dollars in total. Fernando: Agreed, there is a major concern based on the process breakdown. We will work
collaboratively to identify the issues and begin the improvement process. We will review the information for 2022 and 2023 and will provide feedback once we receive the supporting documents as requested. It is clear that we must shore up these processes so that we have clear communication and a timely flow of information and funds going forward. By way of review, our ask is as follows - Schedule a meeting to review all relevant data and analysis that you used to arrive at the figures you’ve proposed. Please send the requested information in advance so that we can be prepared prior to the meeting. (Setting up meeting for morning of December 5th) Confirming. Do a deep dive into the processes of accounting, reconciliation, and distribution of funds reconciliation, to ascertain where this process broke down and what changes we need to make to rectify this moving forward. As we have discussed previously, timely funds distribution is crucial to efficient council operations. Fernando: The recommendation to the Finance Committee will be to review and change policies to enable a more efficient and timely process. Implement a review/oversight process involving an independent third-party firm that can standardize and validate all aspects of reconciliation. Fernando: We are not authorized to source for an independent 3rd party firm to provide oversight. The intent is to distribute National Dues based on actual revenue vs. estimated. Coupled with policy changes the process should improve, eliminate recurrence of similar issues, thus, minimizing the need for reconciliation process. . Thank you again and we look forward to bringing this to closure. Stacey Key Chief Executive Officer and President : 404-589-4929 | D: 404-589-1822 : [email protected]
NATIONAL DUES DISTRIBUTION POLICY THE OBJECTIVE To distribute national member dues between the National office and Regional Councils for services provided to national members for fiscal year 2022 based on the following criteria: Membership Renewal Dues -- 20% of dues income will be allocated to the National office. -- 80% of dues income will be allocated to Regional Councils. New Member Dues -- 20% of dues income will be allocated to the National office. -- 20%-30% recruitment incentive will be paid to the National office or Regional Councils actively engaged in the recruitment of new national members. Payment of incentive will only be made on a per member basis from the dues payment received for the first year of membership. The 20% recruitment incentive will apply to dues payments ranging from $9,000 to $19,000. The 30% recruitment incentive will apply to dues payments ranging from $25,300 to $38,000. -- 50%-60% will be allocated to Regional Councils. Distribution of Dues Among Regional Councils Actual 2022 dues collection as of December 31, 2022 totaled $12,618,138 (member renewals - $10,082,751; new member dues - $2,039,088; 2021 late payment dues - $496,300) of which $9,344,166 is allocated to the Regional Councils as follows: -- $269,661 (2.14% of dues income) used to provide: -- Life and long-term disability insurance coverage for Regional Council full-time staff ($68,978) -- Certificattion training ($15,341) -- Technology - affiliate certification portal annual licensing and hosting fees, and software maintenance ($158,400); software enhancements depreciation ($26,878) -- Telephone ($65) -- $117,165 (1%) allocated to selected councils directly engaged in the new member recruitment process. -- $9,344,166 (74% of dues income) allocated among the Regional Councils as follows: 70% Base Dues - divided equally among all Regional Councils. 20% Performance Bonus - to be allocated equally among 23 Regional Councils (subject to adjustment for non- 10% Headquarter Stipend - allocated on the basis of national member headquarter location. Stipend allocation Council to Council base on level of dues paid by national members.
2024 Na�onal Membership Dues Increase I trust you enjoyed a peaceful Thanksgiving. This �me of reflec�on deepens my apprecia�on for your commitment to NMSDC and our shared vision to accelerate MBE growth and advance economic equity. Your role in NMSDC’s success is invaluable. As you know, over the last two years, NMSDC has embarked on a transforma�ve journey to enhance our member services and accelerate MBE growth. An aspect of this transforma�on is the recalibra�on of membership dues. NMSDC membership dues have remained unchanged since 2014 despite a 29% infla�on hike. While we have taken pride in this stability, it poses significant challenges in improving and sustaining the level of support we offer to MBEs and corporate members like yourself. A�er thorough analysis and consulta�on, including feedback from our corporate members, the NMSDC Execu�ve Commitee has approved a 15% increase in na�onal membership dues, effec�ve January 1, 2024. We recognize the poten�al challenges this may cause and want to assure you that this decision was not made lightly, and this measure is crucial for our progression. As a reminder, membership dues are based on annual revenues from the prior year. Please refer to the table below to determine the impact on your organiza�on. Dues Structure We treasure your con�nued partnership and sincerely value the trust you have placed in us over the years. The impending changes are designed to enhance NMSDC infrastructure and strengthen our service capabili�es ensuring we effec�vely connect you with MBEs that are primed for corporate contracts. Please don’t hesitate to reach out to me with any ques�ons you have, and I look forward to our con�nued collabora�on to nurture MBE growth and foster a more equitable and inclusive economy. Best Regards, Pauline Gebon Vice President, Member Success Na�onal Minority Supplier Development Council 12/5/2023
ADVOCACY In the realm of advocacy, the 23 Regional Affiliate Councils of the National Minority Supplier Development Council (NMSDC) play a pivotal and dynamic role. Spread across the nation, these regional affiliates are uniquely positioned to champion causes that profoundly impact diversity, equity, and inclusion policies and programs. With a nuanced understanding of the local business landscape, each affiliate tailors its approach to address its region's unique challenges and opportunities. The Situation: Following the Supreme Court decision on affirmative action in higher education in June 2023, a series of attacks on minority business programs at the local, state, and federal levels have unfolded. These developments laid the foundation for our comprehensive advocacy strategy and campaign, focused on educating and engaging our congressional members. The Strategy: From June to October, the Regional Affiliate Presidents embarked on a series of highly productive meetings with members of Congress. These meetings occurred within various Congressional districts and during the impactful "Day on the Hill" event on October 23rd in Washington, D.C. The primary objective of these sessions was to educate elected officials on policies that actively support minority-owned businesses. These meetings encompassed detailed discussions regarding the local economic impact of minority-owned firms and strategies to enhance their growth, competitiveness, and sustainability. Each interaction provided an opportunity for the Regional Affiliates to effectively educate congressional representatives on the pressing issues confronting Minority Business Enterprises (MBEs). Specifically, the meetings and outreach efforts were centered on addressing the ongoing legal and political challenges both corporate and government entities face. These challenges pose a significant threat to the very existence of supplier diversity programs. Throughout the August Recess (August 1 – September 11), Council Presidents and MBEs tirelessly met with Members of Congress, Senators, and their staff in nearly 16 District Offices. Beyond these in-person meetings, Regional Presidents and MBEIC Chairs maintained regular contact with congressional offices through phone calls and emails, collectively reaching out hundreds of times during this period. During this experience, CRMSDC president Sharon R. Pinder, MBE Input Committee Chair Sonya Hopson, MBE Legislative Chair Harris Floyd member Dokmai Walker met with members and staff of Senator Chris Van Hollen, Senator Ben Cardin, Representatives Kweisi Mfume, Gerry Connolly, Don Beyer, Glen Ivy, Eleanor Holmes Norton.
The pinnacle of this 5-month advocacy campaign was the "Day on the Hill" event on October 23rd in Washington D.C. During this event, Council Presidents, corporate representatives, and MBEIC Chairs convened with over 50 key lawmakers. They shared invaluable insights and experiences from the minority business community. Still, more importantly, they educated Members and their staff about the crucial and unique role that Congress plays in acknowledging past and existing discrimination. This recognition forms the basis for continuing programs aimed at rectifying disparities resulting from such discrimination. During this experience, CRMSDC president Sharon R. Pinder, MBE Input Committee Chair Sonya Hopson, MBE Legislative Chair Harris Floyd, and member Dokmai Walker met with members and staff of Senator Chris Van Hollen, Senator Ben Cardin, Representatives Kweisi Mfume, Gerry Connolly, Don Beyer, Glen Ivy, Eleanor Holmes Norton. In addition to the impactful in-person meetings with Members of Congress, the morning session of the event featured presentations from notable figures, including Mayor Steven K. Benjamin, Senior Advisor to the President, and White House Director of Public Engagement, and Deidra Henry-Spires, Senior Advisor to the SBA Administrator. The afternoon session included presentations from Rep. Glenn Ivey (House Judiciary, Homeland Security, Ethics Committees); Dr. Winslow Sargeant (Former Chief Advocacy Officer, SBA); Sarah von der Lippe (Minority Business Enterprise Legal Defense and Education Fund -MBELDEF); Cate Benetti and Ryan Lambert (House Small Business Committee); and DeMarcus Walker and Shivani Pampati (Senate Committee on Small Business and Entrepreneurship). The situation demands our continued time and attention. The current attack on affirmative action is a growing battle, and its potential effects on businesses could be profound. Our commitment to advocacy remains unwavering as we navigate these challenges and work toward a more inclusive future.
DFW MSDC 2023 Snapshot – Year in Review North Texas Economic Impact $8.98 Billion reported revenues of 1,130 local DFW MSDC certified minority businesses. 1,218 Certified ethnic minority-owned businesses (88 out-of-region headquartered 92 Regional & National Buying Entity Partners 32,763 employed by the 1,130 DFW MSDC certified Minority-owned Businesses (Including 22,000 Ethnic Minority employees) 1,601 Bids, plans, and proposals disseminated. 25 North Texas cities/counties served. D/FW MSDC spent $476,462; 44% with certified minority-owned businesses in 2023. CONNECT – MISSION - to promote and facilitate business connections between our Buying Entity members (corporations and public sector agencies and certified ethnic Minority-owned Business Enterprises (MBEs). CONNECTIONS AND OPPORTUNITIES - • 326 Council-hosted Events o (includes ALL meetings of the DFW MSDC; documentation available) • 44 Council Co-hosted Events • 120 Events/meetings attended by Council Staff ACCESS 2023 BUSINESS EXPO - • 1,600 attended over two days • 42 Round table sessions (700 participants) • 90 State Agencies in attendance • $7.5 million awarded at State of Texas Spot Bid Fair • 830 Luncheon attendees • 3 CEO Luncheon Panelist • HARD HAT CONSTRUCTION EXPO - • Over 1200 attendees • 26 General Contractor/buying entity hosted round Tables • 110 Exhibitors • 22 Round tables with 24 Buying Entities QUARTERLY SUPPLY CHAIN PROFESSIONALS LUNCHEON – • 160 average number of attendees • 75 average numbers of supply chain professionals (meals underwritten by DFW MSDC) • Presented Topics o - Supply Chain Trends o - 3rd Party Cyber Risk Management o - Digital Transformation in Supply Chain
MBE INPUT COMMITTEE SESSIONS • 5 Meetings • 22 average attendees • Connection activities included: Meet the Chairs, Comerica Event, Supplier Diversity Professionals Working Group Pitch collaboration, meetings MBDA BUSINESS CENTER NETWORKING 12 Business Breakfasts 111 Average attendance at monthly networking breakfast CONSTRUCTION PLAN ROOM • 2,792 Construction Room Plans (125 physically housed; 2,667 Digitized) • 1602 Disseminated bids and Proposals • 81 On-site and Offsite Forums • Hosted Events o McCarthy | Vaughn Partnership New Pediatric Campus Project Informational Meeting & o Mixer! o 2023 Hard Hat Construction Expo! o TD Industries Meeting. o Layton Construction Introduction Meeting. o Con Real Construction Meeting. o The Texas A&MU System – with Porschia Tolbert. o Tolbert. o Layton Construction & HCA - HCA Medical City for DFW Trade Partner's Event. o UT System HUB Construction Contractor Guide & Preparedness. o Beck Group Outreach Invitation with Dallas County BSL-3 Lab Pre-Bid Meeting o DFW MSDC Host JOERIS | H-E-B Construction Outreach Event! DEVELOPThe Council helps build minority business scalability and capacity, as well as supports the advancement and enhancement of supplier diversity programs. DEVELOPMENT NEW – City of Dallas Master Plan (5part series on how to do business with the City of Dallas ACCESS Preparation - How to Develop Capabilities Statements How to Work Spot Bid Fair MBDA Business Center - • 8(a) SBA Certification Workshop • SBA 4 Part Business Series • Lending Forum on Alternative Financing System for Award Management (S.A.M. Registration) • General Services Admission (GSA) 3-part Intensive
Scholarships Awarded - 9 Scholarships Awarded to ACCESS 50th Anniversary recipients, and E Awards Supplier of the Year winners for Tuck School of Business, Kellogg Advanced Executive Program or Industry Specific Opportunity ADVOCATE – As thought leaders in the industry, we advocate for and promote minority business inclusion. ADVOCACY & RECOGNITION Public Policy Day - DFW MSDC hosted two trips to Austin in 2023: March 15 for Legislative Day and April 15 for advocacy against House Bill 5140. 40 DFW attendees in Austin to join 45 other attendees from around the state to advocate on behalf of minority business inclusion and learn more about public policy making Buy Those that Buy Us™ - 33 Buying Entities recognized 17 Best Practices to be included in the Success Stories Book E Awards - 1030 attendees 16 MEGA Awards recognized (deals worth over $25 million annually) with total spend of $7 billion AT&T recognized as Corporation of the Year NTTA recognized as Public Sector Agency of the Year 4 MBEs recognized as Supplier of the Year (Classes 1 through 4) 10 E Awards presented CERTIFY Recognized by Corporate Americas at the premier certifying organization for ethnic minorityowned businesses (Asian American, African American, Hispanic American and Native American) Ethnicities: Native-Americans: 4% Asians: 26% Blacks: 47% Hispanics: 23% Revenue Class: Class 1: 52% Class 2: 32% Class 3: 13% Class 4: 3% Service area: National: 50% Regional: 20% Local: 18% International: 12% Industry: Professional services – 34% Construction, 25% IT, 18%
Marketing, 7% Telecom, 2% Products, 4% Healthcare, 6% Food & Beverage, 4% 1,229 Local Certified Minority -Owned Business Enterprises (MBEs) 43 Out-of-Region Headquartered MBEs 18 Outstanding Volunteer Certification Committee Members 25.8 Average Processing Business Days (from receipt of complete application) 16 Expedited New Certifications Processed 3rd Party Certification A. State of Texas Historically Underutilized Businesses (HUB) program B. SBE certification - City of Fort Worth - Dallas County - DFW International Airport MBDA PERFORMANCE 2023 Performance Jan 1- Nov 30 $62,538 Awarded Contracts $45,937 Awarded Financial Transactions 398 Top Jobs Created & Retained Ranked as an Outstanding MBDA Center nine out of 12 past years