Board of Directors Meeting Book

Meaningful Connections
Impactful Growth

8828 N. Stemmons Freeway, Suite 550 | Dallas, Texas 75247
www.dfwmsdc.com | [email protected]

The mission of Dallas/Fort Worth Minority Supplier Development Council (D/FW MSDC) is
to encourage and facilitate procurement and business opportunities between Buying
Entities and Certified Minority Business Enterprises (MBEs).

D/FW MSDC
Board of Directors

Meeting

June 26, 2020
Time: 7:30 a.m.

CONFIDENTIAL

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may contain privileged and confidential information intended
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review, retransmission, dissemination, copy or other use of,
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view of the entity transmitting the message. The D/FW MSDC
, Inc. accepts no liability with respect to the unauthorized use
of its email facility or the sending of email communications for
other than strictly business purposes.

2020 Board of Directors Meeting Attendance Roster

Board Members % ATTENDED
Bonnie Clinton % In Person
Margo J. Posey % by Phone
Kallie Malmgren
Rob Simpson January
Monica Menzel February
Eric Imrie March
Betty Manetta April
Terri Quinton May
Don McKneely June
Neena Biswas July
T'wana Brown August
Thomas Crowther September
Lisa Hanlon October
Heather Herndon- November (No Meeting)
Wright December
Rachel Kutz
Suzanne Maddux 83% 96% 100% 80% 92%
Kent McNorton
Clifton E. Miller
Evelyn Molina
Jeni Rajbhandari
Silvana Rosero
David Sanchez
Greg Spoon
Lori Sinn

Table Key

Present
Telephone

Absent

No Longer on Board

6/26/2020 7:30 AM | VIRTUAL| JUNE BOARD MEETING

Board Members

Bonnie Clinton *| Margo Posey*| Kallie Malmgren* |Rob Simpson*| Monica Menzel *|Eric Imrie* | Betty Manetta*| Terri
Quinton*| Don McNeely* |Neena Biswas | T’wana Brown | Thomas Crowther | Lisa Hanlon | Heather Herndon-Wright
| Rachel Kutz |Suzanne Maddux | Kent McNorton| Clifton Miller | Evelyn Molina | Jeni Rajbhandari | Silvana Rosero
|David Sanchez | Greg Spoon | Lori Sinn

CALL TO ORDER Bonnie

OPENING REMARKS Monica
Eric and James
VOTING AGENDA
 May Minutes Rob
 May Financials
i. 2019 Audit
 Certification
i. Approvals

PRESIDENT’S REPORT
 Council at Work
 MBDA
 NMSDC
 Supply Chain Professionals Working Group

DISCUSSION Heather Herndon-Wright
• ACCESS 2020

Old Business Adjourn

8828 N. Stemmons Freeway *Suite 550 * Dallas, TX 75247* Phone: (214) 630-0747*Fax: 214-637-2241*www.dfwmsdc.com

The Mission of the Dallas / Fort Worth Minority Supplier Development Council (D/FW MSDC) is to encourage and facilitate
procurement and business opportunities between Buying Entities and Certified Minority Business Enterprises (MBEs).

May 22, 2020

In Attendance PRESENT/ PHONE/ ABSENT

Margo J. Posey Bonnie Clinton Jeni Rajbhandari
Rob Simpson T’wana Brown Greg Spoon
Monica Menzel Lisa Hanlon Thomas Crowther
Eric Imrie Heather Herndon-Wright Evelyn Molina
Betty Manetta Kent McNorton Lori Sinn
Terri Quinton Clifton Miller Kallie Malmgren
Don McKneely Silvana Rosero Suzanne Maddox
Rachel Kutz David Sanchez Neena Biswas

LOCATION/TIME

• Meeting was held as a Zoom call. Meeting started at 7:31 a.m.

OPENING AND VOTING AGENDA

• Bonnie kicked off the meeting by thanking everyone for their flexibility and continued support as a board for our
dedication and efforts.

• Bonnie provided an update on a recent MSDC chair working group meeting. All councils received PPP loans in last
cycle. There was also notice of a $2MM deficit by fiscal year end. The conference is being planned for October.

• Monica Menzel reviewed minutes from prior month and asked for motion to accepts. Don McKneely made a motion
to accept the meeting minutes. Terri Quinton seconded. Motion carried.

FINANCIALS

• Mr. James Estes reviewed the financials. Mr. Estes informed the Board that the revenue for the YTD period ending
April was $295.6K against a budget of $183.2K. The Expenses actuals were $298.4K against a budget of $340.6K.

• The impact of the PPP loan was included as well as adjustment to revenue for ACCESS and other events.
• Thomas Crowther made a motion to accept the financials. Clifton Miller seconded. Motion carried.

CERTIFICATIONS

• Mr. Rob Simpson presented current certification statistics. 20 New Certifications, 62 Recertifications. Clifton Miller
made a motion to accept certification as presented. Heather Herndon-Wright seconded. The motion carried.

AUDIT

• Greg Spoon reported that the annual audit with Raymond Vest accounting has been completed. The audit was
clean with no exceptions and no finding recommendations.

PRESIDENT’S REPORTS.

• Council did receive additional $5,000 from SBA EIDL funding.
• ACCESS: Date has moved to August 3-5 and will be virtual. Heather will be access working group chair.
• MBDA: The council has submitted a grant proposal for $259,259.

• The Buyer’s Working Group has been changed to Supply Chain Working Group Professionals has been well-
received by all those interviewed. Interviews with ATT, Austin Commercial, Ericsson, Pepsico and Raytheon be
the end of the month.

• Letter from Adriene was included regarding additional funding options through various collaborations with NMSDC.

BRAGS

• Margo thanked Bonnie and Toyota for being recognized (along with several collaborating organizations) by the
Association of Fundraising Professionals.

• Clifton Miller bragged on Finance committee and Audit committee for clean audit. He also commended the
certification committee. Also recognized Heather Herndon-Wright for engagement in Inclusive Supply Chain
Working Group

• Bonnie recognized Heather Herndon-Wright for stepping up as ACCESS chair
• Silvana Rosero bragged on Don McKneely for critical information being shared through his publication
• Thomas Crowther bragged on council overall for being on point throughout the crisis – providing critical information

as needed.

NEW BUSINESS/OLD BUSINESS

• Margo kicked off discussion on ACCESS and the decision to move the event to a virtual delivery. Heather
Herndon-Wright shared the agenda for planning committee which includes new format overview. Brainstorming
ensued. Andrew Nash stated that this brainstorming session would be recorded:
o Bonnie shared recent experiences of live virtual events: virtual tables, booths, videos, polling etc.
o Silvana Rosero asked to be included in working group. She has access to the technology platform to
allow for functionality the Bonnie shared.
o Clifton shared an observation that in a recent “Coffee with the President” the number of attendees was
55, while in person, they typically are around 15.
o Terri added that the recording function is valuable from an ability to manage time.

CLOSING REMARKS

• Margo mentioned that the Mentoring experience graduation date will likely be extended.
• The meeting was adjourned at 9:04 a.m.

Page 2

DFW Minority Supplier Development Council, Inc
Statement of Revenue and Expenses

For the Five Months Period Ended May 31, 2020

VARIANCE 2020 2019
TO
ACTUAL BUDGET NUMBER NUMBER
BUDGET
FAV/(UNFAV)

REVENUE: 3,750 - 3,750 17 28
Corporate Memberships - New 46,500 45,000 1,500 11 10
Corporate Memberships- Renewal (1,692)
Interest Income 599 2,291 51,947
NMSDC National Dues 106,112 54,165 49,679
NMSDC National Performance BONUS 18,560
MBE Certification Fees-Renewals-Local 49,679 -
MBE Certification Fees-New-Local 113,060 94,500 885
MBE Out of Region Subscriber Fees-Renewal 29,500 730
MBE Out of Region Subscriber Fees-New 30,385
Expedite Fees 7,530 6,800 50
Education Scholarship 4,550 4,500 -
Donation 1,050 1,050 -
Uncategorized -
8,162 237,806
TOTAL REVENUE 371,377 8,162
133,571
EXPENSES:
NMSDC Functions 2,281 4,000 1,719 (1)
Software Maintenance 7,500 15,000 7,500
Training 1,500
Office Expense - 1,500 2,859
Telecommunication 35,473 38,332 1,768
Catering Service
MBDA Office Catering 5,899 7,667 527
Board Installation 2,388 2,915 665
Credit Card Processing 1,250 (4,160)
Cartage/Delivery 585 3,000 631
Outsourcing 7,160 5,835
Lease-Office Space 5,204 -
Lease-Equipment/Other - -
Education Scholarship - 25,000 -
Insurance/Taxes 25,000 32,145 2,042
Professional Fees 32,145 11,834 -
Temporary Services (122)
Salary 9,792 - 832
COVID-19 Reduction - 3,500 3,546
31,250 22,481
TOTAL EXPENSES 3,622 8,333
30,418 226,665 41,788
NET YEAR END REVENUE/(LOSS)
4,787 418,226 219,828
TOTAL SPECIAL EVENTS REVENUE/(LOSS) 204,184
(44,469) (180,420) (38,609)
TOTAL YEAR END NET REVENUE/(LOSS) 331,969
181,219
39,408

72,891 111,500

112,299 (68,920)

(1) Paid venue with required minimums vs 2019
DFW Airport donated space and 50% reduction
by MBE catering

JEstes
6/23/2020

2:56 PM

DFW Minority Supplier Development Council, Inc
Statement of Prior Year Revenue and Expenses
For the Five Months Period Ended May 31, 2020

ACTUAL BUDGET VARIANCE
TO

BUDGET
FAV/(UNFAV)

TOTAL CURRENT YEAR NET REVENUE/(LOSS) 112,299 (68,920) 181,219

PRIOR YEAR PAYMENTS

Prior Year Revenue 25,661 - 25,661
Prior Year Expense 9,655 - 9,655

-

TOTAL PRIOR YEAR INCOME/(LOSS) 16,006 - 16,006

TOTAL NET REVENUE 128,305 (68,920) 197,225

Notes:

JEstes
6/23/2020

2:56 PM

DFW Minority Supplier Development Council, Inc
Statement of Revenue and Expenses
Full Year Projection
As of May 31, 2020

ACTUAL FULL YEAR 2020 VARIANCE 2019
YTD FORECAST APPROVED BUDGET ACTUAL

May 31, 2020 15,000 BUDGET TO AS
100,000 FORECAST 12/31/2019
3,750 30,000 FAV/(UNFAV)
46,500 2,012 199,647
REVENUE: 133,000 (15,000) (1) 22,250
Corporate Memberships - New 599 5,500 (99,647) (2) 141,750
Corporate Memberships- Renewal 106,112 49,679 130,000
Interest Income 244,500 (3,488) 4,762
NMSDC National Dues 49,679 - 3,000 163,004
NMSDC National Performance BONUS 113,060 55,000 260,525 49,679
MBE Certification Fees - Renewal-Local 24,000 (16,025) 45,804
MBE Certification Fees - New-Local 30,385 53,000 2,000 236,300
MBE Subscriber Fees-Renewal 7,530 7,500 24,000
MBE Subscriber Fees-New 4,550 - - 46,952
Education Scholarship 7,500 - 21,150
Expedite Fees 1,050 3,000 - - 16,250
Uncategorized 8,162 (1,500)
371,377 633,691 4,500 5,950
TOTAL REVENUE (80,981) 4,343
714,672 708,515

EXPENSES 2,281 10,000 30,000 20,000 (3) 24,230
NMSDC Functions 2,046
7,500 15,000 15,000 - (3) 120
NMSDC Town Hall 500 1,500 1,000
Marketing 35,473 19,000 (3) 15,000
Software Maintenance 5,899 66,000 85,000 2,000 (3) 0
Training 2,388 16,000 18,000 3,000 (4)
Office Expense 585 2,000 85,747
Telecommunication 7,160 4,000 7,000 (4,100) 11,177
Catering Service 5,204 1,000 3,000 (1,000)
MBDA Office Catering 0 7,100 3,000 7,080
Board Installation 15,000 14,000 - 3,817
Credit Card Processing 25,000 - 3,107
Cartage/Delivery 32,145 200 200 - 12,665
Outsourcing 60,000 60,000 -
Lease-Office Space 9,792 78,821 78,821 25,000 0
Lease-Equipment/Other 26,000 26,000 - 57,500
Education Scholarship 3,622 25,000 - 77,148
Insurance/Taxes 30,418 - 16,000 2,000 20,634
Professional Fees 16,000 75,000 -
Temporary Services 4,787 75,000 20,000 0
Salary 204,184 18,000 544,000 12,557
COVID-19 Reduction (44,469) 544,000 71,889
331,969 1,021,521 20,029
TOTAL EXPENSES 952,621 527,293
39,408 (306,849)
NET CURRENT YEAR REVENUE/(LOSS) (318,930) 68,900 952,039

(12,081) (243,524)

TOTAL SPECIAL EVENTS REVENUE/(LOSS) 72,891 232,491 306,849 (74,358) (5) 313,763
TOTAL CURRENT YEAR NET REVENUE/(LOSS) 112,299 (86,439) - (86,439) 70,239

PRIOR YEAR PAYMENTS 25,661 - - - 35,555
Prior Year Revenue 9,655 - - 16,970
Prior Year Expense
16,006 - 18,585
TOTAL PRIOR YEAR REVENUE/(LOSS)

TOTAL NET REVENUE 128,305 (86,439) - (86,439) 88,824

Notes:
(1) 2020 Budget was miscalculated based on incorrect data 2018-2019 actual projections..
(2) 2020 Budget was calculated based on initial projections from NMSDC. NMSDC updated (3rd time since our original budget) May 1, 2020 to current projections
(3) 2020 COVID-19 Issues Requires Organization to Further Manage Expenses.

(4) Paid venue with required minimums vs 2019 DFW Airport donated space and 65% catering reduction due to ulitizing DFW MSDC MBE Caterer.
(5) Current YTD Special Events Forecast Primary Budget Reduction of ACCESS by $67,000.

JEstes
6/23/2020

2:56 PM

DFW Minority Supplier Development Council, Inc
Statement of Special Event Funds
05/31/20

For the Five Months Period Ended May 31, 2020 Awards Banquet Golf & Tennis Hard Hat Annual MBEIC QUARTERLY BTTBU BTTBU ACCESS Top Golf Total MBDA (4/1/2020-
Classic Meeting BUYERS Breakfast Scholarship 0.00 04/30/2020
2020 FORECAST 0.00
2020 ORIGINAL BUDGET LUNCHEON
Funds Received -
Event fees 80,000.00 8,000.00 62,071.00 0.00 1,135.00 6,785.00 1500.00 5,000.00 68,000.00 - 232,491.00
Grants 115,849.00 12,000.00 - (500.00) (6,000.00) (1500.00) 0 135,000.00 -
Discount Packages 52,000.00 - 635.00 306,849.00
Accounts Receivable 785.00 - 5,000.00 4,400.00 -
65,055.00 75,875.00 65,000.00
Total funds received -- - 635.00 785.00 - 5,000.00 4,400.00 -
Disbursements 12,050.00 -
Event expense 9,570.00 12,050.00
9,570.00 65,000.00
Total disbursements 86,675.00 - 41,923.81
Excess Funds Over 24,604.00
97,495.00 --
Disbursements - - 24,604.00 - - -- -- 24,604.00 41,923.81
YTD Budget
YTD Favorable (Unfavorable) 2020 --
24,604.00
YTD Actual 2019
- - 62,071.00 - 635.00 785.00 - 5,000.00 4,400.00 72,891.00 23,076.19

- - 62,071.00 635.00 785.00 - 4,400.00 -
143,985.00 12,058.00 412.00 (15,920.00) (4,772.00) (2,149.00)
51,815.00 (4,037.00) 0.00 128,921.00

JEstes
6/23/2020

2:56 PM

DFW Minority Supplier Development Council, Inc
Balance Sheet
at May 31, 2020

As of As of As of
5/31/2020 12/31/2019 12/31/2018

ASSETS 25,845
109,772
CURRENT: 25,845 25,845
CASH-SPECIAL-BANK OF TEXAS 0 0 (454)
INVESTMENT/BANK OF TEXAS 410,803
CASH-OPERATING-BANK OF TEXAS 2,434 86,028 202,231
CASH-SWEEP-BANK OF TEXAS 799,109 435,397
CASH-COMERICA BANK MONEY MARKET 202,635 202,508 24,525
CASH-COMERICA BANK CHECKING 154,434
CASH-VERITEX FORMERLY GREEN BANK MONEY MARKET 24,525 24,525
CASH -REGIONS BANK 156,290 156,068 53,197
INVESTMENT-REGIONS BANK 81,408
CASH-CHASE CHECKING 53,197 53,197 71,982
CASH-CHASE CHECKING II 81,408 81,408 12,541
CASH-PLAINSCAPITAL BANK MONEY MARKET 71,871 71,868 77,209
CASH-CAPITALONE-CHECKING 12,541 12,541
CASH-CAPITALONE-SAVING 27,404 27,347 -
INVESTMENT-CAPITALONE CD 43,992 -
INVESTMENT-PLAINSCAPITAL BANK 5,694 50,235
PETTY CASH 50,611 100,000 -
ACCOUNTS RECEIVABLE-MBDA 100,000 150
ACCOUNTS RECEIVABLE 0 15,931
0 150 70,450
DEPOSIT-2016 BTTBU BREAKFAST 150 11,197 1,310,024
DEPOSIT-2020 HARD HAT 37,550
DEPOSIT-2020 GOLF AND TENNIS 0 1,419,856 -
DEPOSIT 2020 ACCESS 12,060 -
DEPOSIT-2019 TOP GOLF (APRIL AND AUGUST) 1,625,774 - -
DEPOSIT-2019 HARD HAT 9,075 1,000
PREPAID EXPENSES-TOWER CLUB 2,673 2,673 7,811
PREPAID EXPENSES-2020 AWARDS 11,625 7,284
0
3,906 3,906 -
0
0 0 1,318,835

8,100 2,833 48,796
-
TOTAL CURRENT ASSETS 1,652,078 1,438,343 -
48,796 48,796 -
FIXED ASSETS: -
SOFTWARE-CSC 65,810 65,810
EQUIPMENT & FURNITURE PRE-1991 68,058 68,058 65,812
EQUIPMENT & FURNITURE -1999 36,561
EQUIPMENT, FURNITURE, & FIXTURE-POST 1999 (78,429) (78,429)
FURNITURE & FIXTURES 2011 104,235 104,235 -
FURNITURE & FIXTURES (66,797)
EQUIPMENT & COMPUTERS 1,756,313 1,542,578 84,372
COMPUTER EQUIPMENT 2014
LESS: ACCUMULATED DEPRECIATION 1,403,207

TOTAL ASSETS 226,818
62,404
LIABLITIES & FUND BALANCE 0
0
LIABILITIES 516,266 373,355
33,502 56,813 1,138,100
PREPAID FEES/DUES 66,500 0 (24,115)
ACCOUNTS PAYABLE 5,000 0
NOTES PAYABLE-COVID-19 PPP ($66,500) 1,403,207
NOTES PAYABLE-SBA EIDL ADVANCE 1,006,740 1,013,335
FUND BALANCE: 128,305 99,075 1,403,207

BEGINNING FUND BALANCE 1,756,313 1,542,578
NET REVENUE/(LOSS)
1,756,313 1,542,578
TOTAL LIABILITIES & FUND BALANCE

Footnotes:

James Earl Estes
Date

2:56 PM]

Dallas/Fort Worth Minority Supplier Development Council, Inc
List of Financial Institutions
2020

5/31/2020 MATURITY DATE CD/ACCT # APY

CASH-SPECIAL-BANK OF TEXAS 25,845
CASH-OPERATING-BANK OF TEXAS
CASH-SWEEP-BANK OF TEXAS 2,434

CASH-COMERICA BANK MONEY MARKET 799,109
CASH-COMERICA BANK CHECKING
INVESTMENT-COMERICA BANK 827,388

CASH-CHASE CHECKING 202,635
CASH-CHASE CHECKING II
24,525
INVESTMENT/REGIONS BANK
CASH-BUSINESS MONEY MARKET -
CASH -REGIONS BANK
227,160
CASH-PLAINSCAPITAL BANK MONEY MARKET
71,871
CASH-GREEN BANK MONEY MARKET
12,541
CASH -CAPITALONE CHECKING
CASH-CAPITALONE SAVINGS 84,412
INVESTMENT/CAPITALONE CD
50,241

31,167

53,197

134,605

27,404

27,404

156,290

156,290

5,694

50,611 ONGOING 8286858859 2.20%
1248189961 1.98%
100,000 12/13/2020

156,305

1,613,564

j estes
6/23/2020

2:56 PM

Dallas/Fort Worth Minority Supplier Development Council, Inc
Receivables Average DOS Report
2020

Name Amount 1-30 2020 61-90 91-120 121-Over
2019 ACCESS 1,050.00 0.00 0.00 0.00 1,050.00
2019 E AWARDS 1,440.00 0.00 31-60 0.00 0.00 1,440.00
2020 HARD HAT 9,570.00 0.00 0.00 0.00 0.00
12,060.00 0.00 0.00 9,570.00 0.00 2,490.00
0.00 9,570.00
0.00

Dallas/Fort Worth Minority Supplier
Development Council, Inc
2020 Budget

2020 2020 Revised 2020 2020 2020 2020
Approved Forecast 2020 C0VID-19 COVID-19 COVID-19 COVID-19
Forecast Forecast Forecast Forecast
Budget Forecast
20% 50% 75% 50%
Scenario Scenario Scenario Scenario
With No
Events

REVENUE: 30,000 30,000 15,000 24,000 15,000 7,500 15,000
Corporate Memberships - New 199,647 141,000 100,000 112,800 70,500 35,250 70,500
Corporate Memberships- Renewal Miscalculated s/b $141K
Interest Income 5,500 5,500 2,012 5,500 5,500 5,500 2,750
NMSDC National Dues 130,000 156,000 133,000 156,000 156,000 156,000 156,000
NMSDC National Performance BONUS
MBE Certification Fees - Renewals 0 0 49,679 208,420 130,260 65,135 130,260
MBE Certification Fees - New 260,525 260,525 244,500 42,400 26,500 13,250 26,500
MBE Subscriber Fee - New 5,500 3,500 3,500
MBE Subscriber Fees - Renewals 53,000 53,000 55,000 19,200 12,000 1,750 12,000
Education Scholarship 7,500 7,500 24,000 0 0 6,000 0
Expedite Fees 4,500 4,500 700
Unclassified 24,000 24,000 7,500 0
0 4,500
TOTAL REVENUE 4,500 3,000
4,500
EXPENSES
NMSDC Functions 714,672 682,025 633,691 578,320 423,760 294,885 417,210
Software Maintenance
Training 30,000 18,000 10,000 14,400 9,000 4,500 9,000
Office Expense 15,000 15,000 15,000 15,000 15,000 15,000 15,000
Telecommunication
Catering 1,500 1,500 500 1,500 1,500 1,500 1,500
MBDA Office Catering 85,000 70,000 66,000 70,000 70,000 70,000 70,000
Board Installation 18,000 18,000 16,000 18,000 18,000 18,000 18,000
Credit Card Processing
Cartage Construction 7,000 5,000 4,000 5,000 5,000 5,000 0
Outsourcing 3,000 1,500 1,000 1,500 1,500 1,500 0
Lease-Office Space 3,000 7,100 7,100 7,100 7,100 7,100 7,100
Lease-Equipment/Other 14,000 14,000 15,000 11,200 7,000 3,500 7,000
Education Scholarship 200
Insurance/Taxes 200 200 200 200 200 200 60,000
Professional Fees 60,000 60,000 60,000 60,000 60,000 60,000 78,821
Temporary Services 78,821 78,821 78,821 78,821 78,821 78,821 26,000
Salary 26,000 26,000 26,000 26,000 26,000 26,000 0
25,000 25,000 16,000
TOTAL EXPENSES 16,000 16,000 0 0 0 0 75,000
75,000 75,000 16,000 16,000 16,000 16,000 10,000
NET CURRENT YEAR REVENUE/(LOSS) 20,000 20,000 75,000 75,000 75,000 75,000 544,000
544,000 544,000 18,000 20,000 20,000 20,000 937,621
SPECIAL EVENTS 1,021,521 995,121 544,000 544,000 544,000 544,000
Hard Hat 952,621 963,721 954,121 946,121 (520,411)
Access (306,849) (313,096)
Golf & Tennis Classic (318,930) (385,401) (530,361) (651,236)
Awards Banquet
Top Golf 52,000 52,000 62,071 52,000 52,000 52,000 52,000
BTTBU 135,000 135,000 68,000 108,000 67,500 33,750 0
BTTBU-Scholarship 0
MBEIC 12,000 12,000 8,000 9,600 6,000 3,000 0
QTR Luncheon 115,849 115,849 80,000 92,679 57,925 28,962 0
0
TOTAL SPECIAL EVENTS 0 0 0 0 0 0
(1,500) (1,500) 1,500 (1,500) (1,500) (1,500) 0
TOTAL NET REVENUE/(LOSS) 5,000 0
(500) (500) 1,135 (500) (500) (500)
(6,000) (4,000) 6,785 (3,200) (2,000) (1,000) 52,000

306,849 308,849 232,491 257,079 179,425 114,712

0 (4,247) (86,439) (128,322) (350,936) (536,524) (468,411) James Earl Estes
6/24/2020
2:03 PM

Dallas/Fort Worth Minority Supplier
Development Council, Inc
2020 Budget

YEARS CURRENT FUNDS ON HAND $1,400,000 WOULD 11 4 2 1/2 3
SUPPORT

Note:
20% Scenario with No Events =Net Revenue Loss of $327,801, Cash Flow coverage period 4 years
75% Scenario with No Events =Net Revenue Loss of $585,661, Cash Flow coverage period 2 years

James Earl Estes
6/24/2020
2:03 PM



























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Illuma Labs, Inc. Class 1 4/30/2020 Andrew Green CEO 469-667-6546 [email protected]
4/30/2020 Jesse Ramos Co-Owner 214-695-2473 [email protected]
Discount Air Conditioning and Heating Class 1 4/30/2020 Michael Walker CEO 214-455-4770 [email protected]
4/30/2020 Toni Washington President 214-236-3464 [email protected]
Texas Healthcare Staffing, Inc. Class 1 4/30/2020 Tejas Kamdar President 214-425-0697 [email protected]
4/30/2020 Uchechi Okoro President 817-262-0371 [email protected]
Juicehead Media, LLC Class 1 4/30/2020 Marco Canales President 678-923-9410 [email protected]
3/31/2020 David Johnson CEO 202-238-0222 [email protected]
Sweetsie Rolls, Inc. dba Sweetsie Bakery & Café Class 1 3/31/2020 Jovan Chapman CEO 240-938-1530 [email protected]
3/31/2020 Angela Murphy Managing Member 972-489-1823 [email protected]
Frisco Business Solutions Group, Inc. Class 1 3/31/2020 Stephanie Mills Managing Member 904-608-8760 [email protected]
3/31/2020 Rudolph Perez President 214-957-0106 [email protected]
KRG & Associates, LLC Class 1 3/31/2020 Henry Yiu President 214-417-9826 [email protected]
3/31/2020 Erik A Rodas Member 214-257-6849 [email protected]
TJ's Professional Painting and Construction Class 1 3/5/2020 Pamela Mobley President/CEO 501-791-9234 [email protected]
2/28/2020 Tim Kennedy President 415-908-3651 [email protected]
Trainers Over Texas, Inc. Class 1 2/28/2020 Tammie Long President 469-556-7266 [email protected]
2/28/2020 Douglas Mark Taylor CEO 214-418-8143 [email protected]
Independent Insurance Staffing Services, LLC Class 1 2/28/2020 Daniel Vargas CEO 214-870-2827 [email protected]
2/28/2020 Pamela Ervin-Davis President 972-510-8450 [email protected]
AnnKay Solutions LLC dba Ann Kay Solutions Class 1 2/28/2020 Jane Hamilton President 202-487-4929 [email protected]
2/28/2020 Darlena Outsey CEO 469-269-9338 [email protected]
Makcon Green Corporation Class 1 2/28/2020 Reger Dale Dowell President/CEO 214-763-0037 [email protected]
2/1/2020 Gilda Rosenberg President & CEO 305-924-8058 [email protected]
Laser Bridge Media Class 1 1/31/2020 Ray Hodges Owner 214-810-5881 [email protected]
1/31/2020 Patrease Livingston Owner 469-988-4022 [email protected]
Concise, Inc. dba CNS Concise Network Solutions (SUB) Class 1 1/31/2020 Candace Williams Owner 214-850-9824 [email protected]
1/31/2020 Alma J. Coleman Executive Partner 972-618-8837 [email protected]
Clinovators, LLC Class 1 1/31/2020 Robert Silva President 972-407-9444 [email protected]
5/31/2020 Derrick King, Jr. President 630-423-7500 [email protected]
First Stop Background Screening, LLC Class 1 5/31/2020 Reshma Moorthy President & CEO 302-225-2530 [email protected]
5/31/2020 R. David Kelly CEO 972-663-3610 [email protected]
Imperial Power Group LLC dba Imperial Choice Notary Class 1 5/31/2020 Psychelia Terry Owner 214-995-0617 [email protected]
5/31/2020 Joe Temple President 817-454-5371 [email protected]
RDP & Associates, Inc. Class 1 5/31/2020 Wilfredo Curet-Leon President 325-320-8195 [email protected]
5/31/2020 Renee Dutia President 214-533-6377 [email protected]
Pacific Dynasty International Group, Inc. Class 1 5/26/2020 Ronald Burns President/CEO 504-246-1668 [email protected]

RBTS, LLC Class 1

The RSI Group, LLC (SUB) Class 1

Union Service Company, Inc. (SUB) Class 1

Arthur Chell Paint and Building Supplies, LLC Class 1

Taylormark, LLC Class 1

Dallas Urban Consulting, LLC Class 1

Nervi' Class 1

The Hamilton Consulting Group LLC dba HCG Solutions Class 1

SimiDigi, Inc. Class 1

R. Dale Dowell, CPA, PC Class 1

Gilly Ent Inc dba Gilly Vending Inc. (SUB) Class 1

Ray Hodges Financial Group Class 1

Amazing Star Homes, LLC Class 1

Deliverance Construction, Inc. Class 1

A & J Associates Class 1

Silva, Feliciano & Company, PLLC Class 1

KH Security, Inc. (SUB) Class 2

Frontier Technologies, Inc. (SUB) Class 2

ATX Sanford & Son Electric LLC dba Sanford Electrical Services (SU Class 2

UI Global Brands, LLC Class 2

RG Apparel Company Class 2

High Tech Drywall, LLC Class 2

Regali, Inc. Class 2

Global Parking Systems, LLC (SUB) Class 2

WDP Construction Group, Inc. Class 2 4/30/2020 Reggie Wilson President/CEO 817-368-3401 [email protected]
4/30/2020 Ramki Chebrolu President 214-392-1432 [email protected]
American Information Technology Corp. Class 2 4/30/2020 Eric Daigle President 903-520-3930 [email protected]
4/30/2020 Suresh Vuluvala President & CEO 972-571-0308 [email protected]
Daigle Automation, Inc. Class 2 4/30/2020 Patricia Rodriguez-Christian President/CEO 214-354-6406 [email protected]
2/28/2020 Alyce Jones President/CEO 817-377-3500 [email protected]
SDiLogic, Inc. Class 2 1/31/2020 Wendell Stemley President 619-527-1668 [email protected]
1/31/2020 Carlos P. Lopez President 817-792-3497 [email protected]
CRC Group, Inc. Class 2 1/31/2020 Shajahan Shaik President 404-580-1665 [email protected]
1/31/2020 Jeffrey Sterling President & CEO 817-999-3962 [email protected]
Adair Visual Inc. dba Adair Eyewear Class 2 1/31/2020 Vreitta Smith President 972-948-1816 [email protected]
5/31/2020 Cornelius Griggs President 312-690-4205 [email protected]
Black IPO (SUB) Class 2 5/31/2020 Saleem Waheed CEO 847-380-4180 [email protected]
5/1/2020 Harshada Kucheria President 818-246-1143 [email protected]
Kimmel Enterprises Inc. dba CD Enterprises Class 2 5/1/2020 Linda Gomez-Whitener President 210-651-5002 [email protected]
CEO 210-978-0875 [email protected]
Linkpro Technologies, Inc. Class 2 5/1/2020 Rosa Santana President 214-260-3535 [email protected]
4/30/2020 Marcos Reyes CEO 847-331-4748 [email protected]
Sterling Initiatives, LLC Class 2 4/30/2020 Tarun Mirchandani President 412-246-0708 [email protected]
4/30/2020 Manu Mehta President 918-828-3500 [email protected]
Integhearty Ambulance Services, LLC Class 2 4/6/2020 Wan Ho Shin President 734-961-3200 [email protected]
4/1/2020 Darryl Daniels President 817-649-2500 [email protected]
Griggs Mitchell & Alma of IL, LLC dba GMA Construction Group (SUClass 3 1/31/2020 Faisal Akhtar President 972-385-7555 [email protected]
1/31/2020 C. Mike Kim CEO 214-956-8277 [email protected]
AmeriCloud Solutions, Inc. (SUB) Class 3 1/31/2020 Vina Patel President 225-869-6018 [email protected]
1/30/2020 Larry Oney Owner 214-914-5761 [email protected]
Trinus Corporation (SUB) Class 3 5/31/2020 Dien Stout Clarke CEO 214-383-6646 [email protected]
4/30/2020 Edward Cho President/CEO 248-786-2500 [email protected]
Gomez Floor Covering, Inc. dba GFC (SUB) Class 3 4/1/2020 Madhava Reddy CEO 510-428-4723 [email protected]
3/31/2020 Hersh Saluja President & CEO 919-510-9696 [email protected]
Human Capital International LLC dba Integrated Human Capital (S Class 3 2/28/2020 Troy Roberts President 310-378-6666 [email protected]
1/1/2020 Amarjit Shokeen
Reyes Group, Ltd. (SUB) Class 3 Class 1= 40=51
Class 2= 19=24
RTM Engineering Consultants, LLC (SUB) Class 3 Class 3= 14=17
Class 4= 6=8
Cogent Infotech Corporation (SUB) Class 3 Total 79

Appro, Inc. (SUB) Class 3

Jacobsen/Daniels Associates, LLC (SUB) Class 3

A.F. Technologies, Inc. Class 3

Kim International Mfg, L.P. Class 3

Metro Battery Distributors LLC dba Metroplex Battery Class 3

Hammerman & Gainer (SUB) Class 3

Dien, Inc. Class 4

CVE Technology Group, Inc. dba Creative Wireless Solution Class 4

Ciber Global, LLC (SUB) Class 4

E2 Consulting Engineers, Inc. (SUB) Class 4

Alliance of Professionals & Consultants, Inc. dba APC (SUB) Class 4

RJT Compuquest, Inc. dba Apolis (SUB) Class 4

INCLUSIVE SUPPLY CHAIN WORKING GROUP

BOARD REPORT

of the

June Review and Planning Session

The Inclusive Supply Chain Working Group (ISCWG)’s Monthly Review and Planning Session was
held on Monday, June 8, 2020 via Zoom Video Conference. The meeting begin at 9:10AM CDT
and ended at approximately 10:00 AM CDT.

I. Review Phase

A. Call to Order

The meeting was called to order at 9:10 AM by MBE Co-Chair Clifton Miller. The following
members were in attendance:

Name Company Capacity Role

Margo Posey DFW MSDC Staff DFW MSDC
CEO/President
Clifton Miller Cemetrics MBE MBE Co-
Chair/Board
Mary Gano Vistra Energy BE Member
Heather Wright Vistra Energy BE
Heather Ramsey AT&T BE New Member
Luis Barbero Universal Display MBE
Eric Bates Rose International MBE
Richard Flemings State Tax Group MBE
Betty Manetta Argent/Associar MBE
Brad Woodson Texas Instruments BE
Shaizad Shroff Sealink International Inc MBE

Darcel Webb DCCDC BE DFW MSDC
Nicole Reeves DFW MSDC Staff
Liaison

* Buying Entity (BE)/ MBE Supplier (MBE)

1. Review of May 12, 2020 Minutes
2. Review of Meeting Agenda

(continued) Page 1 of 6

Board Report of the Review and Planning Session
held Monday, June 8, 2020

INCLUSIVE SUPPLY CHAIN WORKING GROUP

BOARD REPORT

of the

June Review and Planning Session

B. Chairs’ Opening Remarks - Reality Check 2.0

Buying Entity Jeni Rajbhandari previously advised of calendar conflicts making her unavailable.

MBE Buying Co-Chair Clifton Miller: Based on what I consider to be practical considerations
documented in Agenda Item 5 Planning, I recommend that the ISCWG’s focus from now to August
7, 2020 be on actively supporting the planning implementation and close out resource
requirements for the Virtual ACCESS 2020.

The Working Group reviewed the Recommendations of the MBE Chair set forth in the
Agenda as follows:

MBE Chair’s Rationale
The following content is intended to deliver a cogent rationale supporting my Opening
Remarks recommending ISCWG’s focus on supporting the planning and
implementation resource requirements for the Virtual ACCESS 2020.

Situation Assessment

Background
As with previous ACCESS events, the demand for volunteers to manage pre-event and
day of show requirements remain high in this virtual mode. Examples include but are
not limited to:
• Sponsorship
• Pre-event, Day of Show and Post Event social media outreach
• Technology assessment and support
• Registration (Pre Access and Day of Show
• Programming content, speakers support (ACCESS 2020 requires Chat Room

support for many Events/Sessions)

Current Reality Factors
1. Continuing disruptions in the previously “as was” operating environment for Buying
Entities and MBEs alike reduces both the opportunity and likelihood of participation in
ISCWG events.

2. Increasing competition for attention and “mind share” with traditional audiences for
ISCWG programing.

3. Critically short planning window for the first ever Virtual ACCESS.

Board Report of the Review and Planning Session Page 2 of 6
held Monday, June 8, 2020

INCLUSIVE SUPPLY CHAIN WORKING GROUP

BOARD REPORT

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June Review and Planning Session

4. Critical importance of a Virtual ACCESS 2020 that maintains/enhances the Council’s
Brand and financial performance.

Conclusion

The development and delivery of high value Programming with appeal to multiple
stakeholder populations with the region, state and nationally (impacting Registration
revenues) requires a significant resource investment within the critically short planning
window. However, “many hands make the work light”.
Consequently, I am, respectfully proposing that the:
(1) resources of the ISCWG be re-directed to the planning and implementation of

Virtual ACCESS 2020.

(2) outcomes/feedback from Virtual ACCESS 2020’s programming will provide
guidance for ISCWG’s program planning and deliverables for the balance of 32020
and 2021.

C. President Remarks

Margo Posey:

• With such a short window of time to provide valuable deliverables and the challenges
of sponsorship, I agree with deterring the efforts of the Inclusive Supply Chain Working
Group to focus on planning and executing ACCESS 2020.

• Heather, Andrew and I have been on several calls and demonstrations with Virtual
Event platform Providers and are coming closer to making a decision.

• The current dates are August 3rd -5th. However, one Virtual platform provider suggested
that we consider extending the event over a longer period of time to accommodate for
fatigue and increase likelihood of more participation. I will follow through and provide
an update once anything is decided.

• I do believe that the work of the Inclusive Supply Chain Working Group is important
and still would like to have strong deliverables for the balance of the year.

• Although we are shifting gears to Access 2020 planning, ISCWG should still move
forward with September Quarterly event. We can start planning in August.

Action Item: There was a consensus in consideration of the MBE Chair’s recommendations and

President’s Remarks. All ISCWG members present unanimously decided to take the

recommendations of the Co-Chair and direct the activities of ISCWG to the ACCESS 2020

Planning Committee.

Board Report of the Review and Planning Session Page 3 of 6

held Monday, June 8, 2020

INCLUSIVE SUPPLY CHAIN WORKING GROUP

BOARD REPORT

of the

June Review and Planning Session

II. Planning Phase

A. ACCESS 2020

Co-Chair Miller requested Access 2020 Planning Committee Co-Chairs to update the Inclusive
Supply Chain Working Group on the Planning Committee’s progress.

Discussion

• Heather Wright provided an overview of ACCESS Planning Committee progress thus
far and next action steps. She stated that identifying the platform and the
subcommittees members’ driving the development of the programing are the most
pressing matters. She stated that the current event dates are August 3-5, 2020,
however reiterated that they are considering extending the dates, i.e. workshops on
separate days than matchmakers to eliminate fatigue. This may impact the Save the
Date until decided upon.

• She advised the group of the reoccurring meeting 2-4 every Tuesday through July
and acknowledged that many ISCWG members were already actively involved on
the Committee and subcommittee/working groups. She further called for anyone
who was not currently participating and had a desire to participate to notify her so
that they may be added to the distribution list, emphasizing that because of the
magnitude of the planning and the short time, we need all hands on deck from
members of ISCWG in the Access Planning

• Mary Gano spoke about the project management of the Access Planning Committee and
that the Subcommittees steering the programming. She stressed the importance of the
work of the subcommittees in developing the workshops and the importance of meeting
deadlines.

• She stated that there are other considerations in the process, including Risk Mitigation
strategies, that she will be addressing as the planning process develops.

• Clifton: Are there any anticipated volunteer needs or considerations? In the regular,
in person event there are opportunities for greeters, registration, etc. However, in a
virtual platform there may be some additional requirements? Ex: Do we need
persons with the skills and abilities to handle chat feeds? Are we looking for a pool
of volunteers or is each facilitator responsible for support requirements?

• Heather: It depends on the technology platform we decide on. However, we will need
people who can support the chat functions, etc.

Board Report of the Review and Planning Session Page 4 of 6
held Monday, June 8, 2020

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BOARD REPORT

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June Review and Planning Session

• Margo: I believe too much discussion is premature until we decide on platform. We
will provide required updates.

Open Floor for Questions and Comments from the Team. There were no comments.

B. September 2020 QBL

Margo: We are in a different place. ISCWG has done a lot of work and identifying a lot of subjects and
programming for the remainder of the year. From what I recall, many of the topics do not overlap with the
ACCESS programming.

Discussion

Overview of Program of work already identified by ISCWG:

1. Social Media: There was some discussion around this topic. Mary is continuing
conversations and facilitation around the Social Media topic. She and Eric will re-
engage on the topic.

2. Cyber Security: MBEIC is hosting an event on Cyber Security. It is open for attendance by all.

3. Industry 4.0: Clif has been in conversation with Buying Entity members about Industry
4.0 programming.

4. Other Topics:

Betty: What about Supply Chain? The shift in Supply chain and manufacturing, the shift that we
will see

Margo: Some of this discussion will be rolled into CEO/CPO summit, however that is a great
topic that can be expounded on.

Clif: Supply Chain is such a large area to tackle, it would be on the person(s) spearheading it to
narrow down, however that is certainly a topic that all of our stakeholders and MBEs are
interested in.

III. Closing Remarks and Action Items

Round Robin

Margo: Thank you for attending and supporting the Council and the ISCWG

Brad: I will be attending the ACCESS subcommittee meeting Manufacturing

Board Report of the Review and Planning Session Page 5 of 6
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INCLUSIVE SUPPLY CHAIN WORKING GROUP

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June Review and Planning Session

Heather W.: We will follow up after platform is decided on

Heather R.: My phone was muted as well. At AT&T we’ve participated in or looked at various
platforms. I’d like to give some insight when the platform is decided on.

Richard: As mentioned before, we are in a different day. I’m interested to see how the Virtual
Tradeshow will be executed and offer my support.

Betty: I look forward to Industry 4.0

Luis: Talent acquisition (and retention) is an issue he would like to think more about, especially
as remote work is more of an option.

Shaizad: I had been trying to speak during the entire call, but you all did not hear me. I am
interested in providing some insight on the logistics/supply chain programming.

Darcel: I was unable to speak as well during the meeting as well. However, I will be involved with
the Access 2020 Planning Committee.

Chairs’ Closing Remarks

Clifton Miller: This concludes our meeting. Thank you for your time and we will yield back 30 minutes of your
time.

Summary of Action Items: Inclusive Supply Chain Working Group activities directed to the ACCESS 2020
Planning Committee(s) through August 2020. If any member is interested and not already involved, provide
information to Heather Wright to be added to distribution list.

MEETING ADJOURNED AT 10:00 AM.

Board Report of the Review and Planning Session Page 6 of 6
held Monday, June 8, 2020

MBEIC May 2020 Report

NEW MEMBER ORIENTATION – JUNE 2, 2020
Betty Manetta, MBEIC Chair, represented the MBEIC Executive Committee at the
June Virtual New Member orientation.

MEETINGS:
The MBEIC Leadership Committee had their virtual staff meeting to discuss
upcoming events and review the remainder of the year focusing on MBE needs
captured from past surveys.
The MBEIC Chair met with the Supplier Diversity Professional Working Group
Chair, LaTisha Brandon of Celanese, to discuss the joint meeting held annually
between our MBE’s and the SDPWG. LaTisha and Betty will provide updates once
LaTisha meets with her full working group scheduled for the second week of June.
No other formal program was conducted in May.

UPCOMING MBEIC EVENTS:
June 23 – MBEIC Virtual Lunch and Learn “Protecting your Business from Cyber
Attacks and Fraud Webinar.” Featuring Louann Habenicht, Sr. VP Treasury
Management Services, Affiliated Bank.

Page 1 of 1

Recordings

D/FW MSDC Certification Workshops – 9 sessions
A Conversation with President
MBE Virtual Happy Hour hosted by the MBEIC
Coronavirus Relief Small Business workshop – U.S. House Rep
Collin Allred
D/FW MSDC Virtual Town Hall – State of Texas Senator Royce
West & City Councilman Thomas
How to Spend you PPP Funds to Ensure Loan Forgiveness
Mindfully Increase Diverse Spend
MBEIC Webinar Cybersecurity
April New Supplier Orientation

2020 D/FW MSDC Council Dashboard

CORPORATE NEW MBE RENEWAL 2020 MBE Certification Classification
(Local Suscriber)
MBE NEW
$10,000 2018 160000 2018 MBE RENEWAL
$8,000 2019 140000 2019 MBE RECIPROCAL
$6,000 2019 120000 2020
$4,000 Goal 100000 Goal AVERAGE PROCESS TIME - 15.0
$2,000
$0 80000 $12,080, $30,385,
60000 8% 19%
40000
20000

0

CORPORATE RENEWAL Subscription Services $113,060…
(Non Local Suscriber)
120000 2018 2018 Council Outreach for May
100000 2019 111024000000000 2019
2020 8000 2020 Total number of events hosted - 0
80000 Goal 6000 Goal External events attended by Council - 0
60000 240000000 Webinars Hosted by Council - 16
40000 Webinars Attended by Council - 65
20000
Sourcing Opportunities
0
Total Bid Proposals forwarded to MBE's - 25
NMSDC Total Sourcing Requests - 70
Number of Plans received - 116
MBE NEW Construction Related Opportunities Sourced 45
(Local Suscriber) GC Invitations to Bid - 65

120000

35000 2018 100000 2018
30000 2019 80000 2019
25000 2020 60000 2020
20000 Goal 40000 Goal
15000 20000
10000

5000
0

0
JAN

As of 6/23/2020

D/FW MSDC At Work’ Activity Requiring Participation - May 2020

Council Host Certification

1. May 6th, 2020 Minority Business Enterprise (MBE) COVID-19 MBE'S 1. May 5th, 2020 D/FW MSDC Pre-Certification Workshop Webinar..
Impact Survey The Voices of NMSDC MBE'S 2. May 7th, 2020 D/FW MSDC Pre-Certification Workshop-

2. May 6th 2020 Urgent MBE PPP/EIDL Loans Survey.. GoToWebinar.
3. May 11th, 2020 D/FW MSDC Buyers Working Group Discussion - 3. May 14th, 2020 GoToWebinar - D/FW MSDC Pre-Certification

Conference Call. Workshop.

4. May 11th, 2020 Follow-up on D/FW MSDC Capability Statement. 4. May 14th, 2020 Certification Committee Meeting.
5. May 11th, 2020 Inclusive Supply Chain Working Group-Zoom Meeting. 5. May 21st 2020 D/FW MSDC Pre-Certification Workshop Webinar...

6. May 13, 2020 MBDA Business Center & Project Teleconference. 6.

7. May 14th, 2020 MBDA Virtual Business Breakfast!

8. May 19th 2020 MBEIC Conference Call.

9. May 20th, 2020 Webinar Conversation with the President Margo Posey -

May Meeting.

10. May 22nd, 2020 D/FW MSDC Host Webinar How to Spend Your PPP
Funds to Ensure Loan Forgiveness.

Council Meetings Plan Room Acquisition

1. May 5th, 2020 D/FW MSDC New Supplier Orientation Webinar. 1. Plans / Specifications Acquired 116
2. May 11th, 2020 D/FW MSDC Finance Committee Meeting. 2. GC Invitations to Bid Sourced - 65
3. May 19, 2020 D/FW MSDC Access 2020 Call. 3. Procurement Opportunities Non-Construction Related
4. May 20th, 2020 D/FW MSDC Webinar Planning.
5. May 29th, 2020 D/FW MSDC Access 2020 Planning Committee Kick-off- Sourced -25
4. Architectural/Engineering Opportunities Sourced - 3
Zoom Meeting.
6. May 29th, 2020 D/FW MSDC Buying Entity Working Group- Sean Tyson- Oncor. Construction News Development Proposed - 5 –

Council Outreach | Inclusion } Attendance

1. May 1st, 2020 Reminder: Bank of America Scholarship Offer! 42. May 14th, 2020 DART- Business Connections

2. May 1st, 2020 URGENT: Applicants Applying Through Lenders Like 43. May 14th, 2020 NMSDC CPO & Corporate Plus Summits

TruFund. 44. May 14th, 2020 NCTRCA COVID-19 Economic Resource

3. May 1st, 2020 City of Dallas Office of Economic Development: Small Webinar.

Business Rent & Mortgage Relief Programs Online. 45. May 14th, 2020 The (New) Art of Virtual Collaboration.

4. May 4th, 2020 Information About The City of Dallas COVID-19 Relief 46. May 14th, 2020 The Now Black Woman Conference Call

Programs. 47. May 14th, 2020 SBAC Special Call Meeting.

5. May 4th, 2020 Information About The American Institute of Certified 48. May 15th, 2020 Founders First Capital Partners, LLC:

Public Accountants (AICPA) Recommendations PPP Application & Calls/Meeting with Prospective Resource Partners.

Forgiveness Processes. 49. May 15th, 2020 NMSDC Semi-Annual Board Meeting

6. May 4th, 2020 PG&E Strategic Sourcing 4 Part Webinar Series 50. May 15th, 2020 Skanska Connect4 Three Part Web Series for

7. May 5th, 2020 City of Dallas COVID-19 Relief Package. TCCD NW Campus Project.

8. May 5th, 2020 Dallas County Electronic Bidding Platform 51. May 16th, 2020 DFW Airport Capacity Building Program: Doing

Announcement. Business With DFW The Path Forward – Webinar.

9. May 5th, 2020 GoToWebinar - Small Business Roundtable with Speaker 52. May 16th, 2020 The Insperity MasterMind Series Zoom Meetings

Nancy Pelosi. 53. May 19th, 2020 Building A Scalable Business Enterprise

10. May 6th, 2020 CIMA- Webinar Series | Thriving During & After the Workshops

Pandemic. 54. May 19th, 2020 Webinars: Doing Business with DFW Airports |&

11. May 6th, 2020 City of Fort Worth Notice to Certified Minority Business New Employee Tax Credits by IRS & MSDC Workshop.

Enterprise (MBE) Providers in Construction and Construction-Related 55. May 19th, 2020 Updated PPP Loan Forgiveness Application.

Services. 56. May 19th, 2020 SAME Virtual Courses: Pre-Virtual JETC Remote

12. May 6th, 2020 SBA Press Release: Review Procedure for Paycheck Workforce Sessions.

Protection Program Loans 57. May 20th, 2020 CFO Webinar: When Automation Is No Longer a

13. May 6th, 2020 Coffee Break: Small Business Resource Fair-WebEx. Luxury But a Necessity

14. May 6th, 2020 GDHCC Coffee with the CEO Webinar featuring Dallas 58. May 20th, 2020 Invitation: Cybersecurity for Business &

ISD Superintendent, Dr. Michael Hinojosa Supporting Remote Workers

15. May 6th, 2020 Session 4: Crafting Strategy in the Face of Uncertainty. 59. May 21st, 2020 AACATX Webinar: New Employee Tax Credits

16. .May 6th, 2020 Presidents' Call. Every Business Should Know by IRS.

17. May 7th, 2020 Goggle Form Webinar Series | Thriving During & After the 60. May 21st, 2020 Drive Resilience with Software-as-a-Service: Save

Pandemic Cost & Increase Agility.

18. May 7th, 2020 NMSDC COVID-19 Virtual Town Hall: Continuing the 61. May 21st, 2020 Gallagher External Webinar on Cyber Liability.

Conversation with our Nation's Capitol on the Latest Hot Topics-Week 6 62. May 21st, 2020 The Insperity MasterMind Series Zoom Meetings

Attending. allows small and medium-sized business owners and executives

19. May 7th, 2020 SAME Webinar Events Announcing Virtual JETC! to share challenges, opportunities and advice about managing a

Adapting for Today, and Tomorrow! business through the current economic environment.

20. May 7th, 2020 Trending Thursdays Tips - Certification & Dallas ISD 63. May 21st, 2020 NTTA CIP Heavy Highway Construction Workshop

Contracting. Webinar!

21. May 8th, 2020 City of Dallas Small Business Continuity Fund Application. 64. May 21st, 2020 SAME Virtual Events Reality of Remote Work &

22. May 8th, 2020 Program Committee Meeting to review Virtual Leadership Work-Life Balance.

Series. 65. May 21st, 2020 Strategic Imperative 1 - Buying Group Synch.

23. May 8th, 2020 NMSDC New Member Water Cooler Chat Call with Mario 66. May 21st,,& 28th 2020 Veteran Women’s Enterprise Center -
Ramirez (Nokia) and the NMSDC Teleconference. Trending Thursdays Tips.

24. May 9th 2020 Friendly Reminder: Deadline Monday, May 11th City of 67. May 22nd, 2020 National 8(a) Association - Reopening America &
Dallas Small Business Continuity Fund Application. Upcoming Webinars.

25. May 11th, 2020 GoToWebinar - Amazon Small Business Academy 68. May 22nd, 2020 MBDA Subs and Sandwich with Archer Western-
Presents Brand Registry. Webinar.

26. May 11th ,&13th, 2020 NMSDC Network Meeting Q2. 69. May 25th, 2020 SGR The Next Normal Pandemic Resources.
27. May 11th, 2020 NMSDC New Member Call with Michelle Joseph 70. May 27th, 2020 Goldman Sachs 10,000 Small

(Terumo Medical) and NMSDC Leadership-Skype Meeting Businesses Marketing to Your Customers During COVID-19.
28. May 11th, 2020 The University of Washington Foster School of Business 71. May 27th, 2020 City of Fort Worth: Preserve the Fort initiative

- COVID-19 Pivoting to Recovery & Sustainable Growth. Offer s $10 million in Grants to Fort Worth Small Businesses.
29. May 12th, 2020 DFW Airport Financial Forecasting – A Tool for Recovery 72. May 27th, 2020 Lockheed Martin Virtual Matchmaking Event.
73. May 27th, 2020 Go-To-Webinar MBDA and NMSDC Enterprising
& Growth - Webinar.
30. May 12th, 2020 Introduction to IBC Bank-Teleconference. Women of Color Virtual Series.
31. May 12th, 2020 SAME Virtual Event What’s Important to Employers in a 74. May 27th, 2020 Region 6 Virtual Industry Day.
75. May 27th, 2020 Updated invitation: Ways & Benefits of Utilizing an
Remote Workforce.
32. May 13th, 2020 GoToWebinar - Best Practice Supplier Engagement. IT Managed Services Provider.
33. May 13th 2020 CIMA Webinar Tools, Tips, & Tricks for an Effective 76. May 27th, 2020 U.S. Department of Transportation in Your

Remote Workforce. Region-Access to Capital & DBE Certification Updates.
34. May 13th, 2020 Dallas County Update Regarding Safer At Home Order- 77. May 28th, 2020 Addressing Digital Equity in the Era of COVID-19.
78. May 28th, 2020 BWI Thurgood Marshall Airport Synergy Live
Teleconference.
35. May 13th 2020 Governor's Small Business Webinar Series. Event.
36. May 13th 2020 Greatness: Selfless Exceptionalism in the Face of 79. May 28th, 2020 HOLD: Technology Demo's-Zoom Meeting.
80. May 28th, 2020 Web seminar: Growing your Business Series:
Uncertainty, Adversity, & Challenge -Teleconference.
37. May 13th, 2020 NCTRCA COVID19 Economic Resource Webinar. Fireside Chat.
38. May 13th, 2020 NMSDC Industry Leaders' Workshop. 81. May 28th, 2020 Strategy Discussion of SBE Director Finalist
39. May 13th, 2020 NMSDC MBE Hackathon.
40. May 14th, 2020 DCCCD Bond Program RFQ Issued Today for CMARs Interview.
82. May 28th, 2020 SIY Speaker Series Webinar#1: Neuroscience
Phase I
41. May 14th, 2020 Dallas County – New BidSync Vendor Registration & Bid Perspectives on Staying Calm and Focused in the Midst of
Chaos.
Response Webinar. .
.

Dallas/Fort Worth MBDA Business Center
8828 Stemmons Freeway, Suite 550
Dallas, Texas 75247
214-920-2436

Dallas/Fort Worth MBDA Business Center Report through
Q1 June 15, 2020

YTD Results/Activities: Year 5 – (1st Quarter) (3rd month)

Goal Name Actual Goals Work in Progress Report
2 42 10
Number of Awarded Contracts &
Procurements $200,000 $70,000,000 $7,000,000
Dollar Value of Awarded Contracts

Number of Awarded Financial Transactions 2 24 4

Dollar Value of Financial Transactions $500,000 $38,000,000 $1,000,000
Number of Jobs created 8 188 16

Number of Jobs retained 4 110 14

Number of Clients 14 39 13
Final Contract Year (April 1, 2020 – March 31, 2021)



Date of Meeting: Friday, June 26, 2020 Prepared By: Margo J. Posey
(06/268/2020)

1. D/FW MSDC

RECOGNITION & SPECIAL THANKS:
 PepsiCo, Vistra Energy and Comerica Bank CEOs speak out on Black Lives Matter.
 D/FW International Airport provided the Council with $7,000 in unrestricted funds due
to the pandemic.
 AT&T has donated $5,000 to cover MBE certification fees for MBEs in distress.

SUPPLY CHAIN POFESSIONALS WORKING GROUP:
 7 Particpating Board member companies
 18 Supply Chain Working Profesional have responded to date
 4 interviewees pending reponses (anticipated response 6/26/20)
 No response from 5 Board member companies
 Report to the Board July 6th

D/FW MSDC ACCESS BUSINESS EXPO
Special Thanks to:

 Heather Herndon Wright Chair of ACCESS 2020
 Vistra Energy CEO Curt Morgan – View From The Top, Bonnie Clinton Moderator
 Confirmed CPO Panelists Rachel Kutz and Rob Simpson.
 Additional documenst attached ACCESS Overview, BOARD ASK, Minutes

MBDA Cares Act Grant
 Grant approved June 11th Term of grant June 1, 2020 –May 31,2021.
 All hires (3) onboarded June 22nd

MBDA Business Development Center
 First quarter of final 5 year award. Report attached
 Monthly Virtual Breakfast average attending 45

NMSDC

 Thank you for all of your kind remarks to me as the 2020 Vanguard recipient
 NMSDC PPP funding approved thru June 30. We are sending to our MBEs for

anyone that has not received their local banks response.

 Program Managers Seminars July 14-29 Free to NMSDC Program managers (1)local

Buying Entity members and Corporate Plus members can attend for a fee. See
attached. D/FW MSDC Corporate Plus Members include MW Logistics, Argent
Associates and the Pinnacle Group.

Subject: NMSDC is Connecting MBEs with PPP Funding and Providing an Instructional Video

Date: 6/18/2020

Reminder: Must apply by June 26, 2020.

On June 1, 2020, NMSDC partnered with Business Consortium Fund (BCF) and Midwest BankCentre to
provide minority businesses access to Paycheck Protect Program (PPP) loans (see attached press
release). It’s critical that our minority businesses sustain/propel through this pandemic; access to capital
is a necessity.

The National Minority Supplier Development Council, Inc. (NMSDC) continues to support our MBEs in
getting funding during the COVID-19 pandemic. G. Winston Smith, President of Business Consortium
Fund (BCF), and Ashley O’Neal of Midwest BankCentre have teamed together on this video to share the
important details of the PPP program, documents required, and how to apply for your funding by June
26, 2020. This is an urgent call to action. We do not want you to miss this opportunity. It is our goal to
assist MBEs with obtaining access to PPP loans. Watch the video or immediately begin the application
process by clicking here.

Funding is available but the deadline date is quickly approaching and MBEs in need must complete the
application now.

We’re in this together,

Adrienne Trimble
CEO

Certify. Develop. Connect. Advocate.

FOR IMMEDIATE RELEASE
06.01.2020

Contact: Tammy Wilkins, Chief of Staff
[email protected] | 212.944.2430

NMSDC Secures Partnership to Connect MBEs with PPP Funding

Collaboration between NMSDC Business Consortium Fund and Midwest BankCentre will Help Minority-
Owned Business Enterprises Navigate SBA Funding Application Process

(New York, NY | June 2020) - The National Minority Supplier Development Council, Inc. (NMSDC) is
pleased to announce the establishment of a new partnership between their Business Consortium Fund
(BCF) and Midwest BankCentre to assist certified Minority Business Enterprises (MBEs) with funding
access through the SBA’s Paycheck Protection Program (PPP). Details about how to access funding are
available online by visiting BCF’s website at www.bcfcapital.com/ppp-disclosure.

On May 28, 2020, the U.S. Small Business Administration (SBA), in consultation with the U.S. Treasury
Department, announced that it is setting aside $10 billion of Round 2 PPP funding to be lent exclusively
by Community Development Financial Institutions (CDFIs). CDFIs work to expand economic opportunity
in low-income communities by providing access to financial products and services for local residents and
businesses.

NMSDC recently surveyed its certified MBEs and learned that as of two weeks ago, more than 60% of
those surveyed had not yet received their funding, leading to frustration and disillusionment about the
prospect of receiving PPP support.

“We have been thoroughly investigating a range of options for helping MBEs secure the much-needed
PPP funding,” said Adrienne Trimble, NMSDC President and CEO. “After receiving the survey results, I
knew it was time for NMSDC to take care of our own and so I began making calls.”

Among Trimble’s first calls was to David Steward, Chairman and Founder
of World Wide Technology (www.wwt.com), one of the largest African American-owned businesses in
the United States and the largest NMSDC-certified MBE. In 1987, prior to founding
World Wide Technology (WWT), David received a BCF loan which supported his business pursuits. He
was among the first certified MBEs to receive funding from NMSDC’s BCF and the first to repay
their loan. WWT was founded in 1990.

“David quickly connected us with Orvin T. Kimbrough, Chairman and CEO of Midwest
BankCentre (MBC),” Trimble continued. “Our organizations share similar passions and
philosophies about supporting minority business, which makes it especially exciting to launch this
partnership between NMSDC’s Business Consortium Fund and the Midwest BankCentre.”

“MBC has a strong commitment to reinvesting in our communities and ensuring we all have the tools to
have the best shot at winning,” according to Kimbrough. “This collaboration is even more important
given the current economic challenges impacting small business, and to a greater degree, minority-
owned businesses.”

“The NMSDC Business Consortium Fund is perfectly positioned to support MBEs in successfully
accessing PPP funding. Our staff is trained and ready to work with MBEs on their specific needs when it
comes to accessing this critical funding,” noted G. Winston Smith, BCF President and COO. “We have
created an efficient application process, and we are eager to work with Midwest BankCentre to break
down barriers and facilitate MBE access to the PPP funds.”

How to Receive Assistance | If you are a minority business still in need of PPP funding,
please visit www.bcfcapital.com/ppp-disclosure to begin your application process. The SBA has
confirmed there is more than $90B remaining in available funding.

About NMSDC | nmsdc.org
Chartered in 1972, The National Minority Supplier Development Council (NMSDC) is one of the leading minority business
development organizations in the United States. NMSDC supports the economic sustainability of certified minority business
enterprises (MBEs) and advances supplier diversity by facilitating procurement opportunities between its certified MBEs and
their network of Corporate Members. The NMSDC network includes a National Office in New York, 23 affiliate regional
councils, and five international partner organizations.

About the NMSDC Business Consortium Fund | bcfcapital.com
The National Minority Supplier Development Council Business Consortium Fund, Inc. is a 501 (c) (3) certified, not-for-profit
business development group, affiliated with the NMSDC, and certified by the United States Department of the Treasury as a
Community Development Financial Institution (CDFI). As America’s most comprehensive financing and consulting support
organization exclusively serving NMSDC-certified businesses, the Business Consortium Fund offers loan programs and
consulting services serving the needs of minority businesses through the NMSDC network of 23 affiliated regional councils.

About Midwest BankCentre | midwestbankcentre.com
Since 1906, Midwest Bank Centre has been St. Louis’ premier community bank. It is currently the region’s second largest
locally owned bank with assets exceeding $2 billion. They invest capital profitably in their whole community and reinvest local
deposits locally with $95 of every $100 deposited locally staying in the St. Louis region to build the area’s businesses and
families with every dollar circulating and average of six times throughout the regional economy. As they help local families
and businesses prosper, they lift their friends, neighbors, and customers to that everyone can RISE TOGETHER. Since 2001,

Midwest BankCentre has consecutively achieved the Bauer Financial 5-Star Superior financial rating each quarter. It has been
recognized for its success in bringing mainstream financial services to unbanked and underbanked citizens in the region as
well as other diversity and inclusion contributions with the 2019 Community Commitment Award from the American Bankers
Association and Foundation and the 2018 National Community Bank Service Award from the Independent Community
Bankers of America®.

Join Us - July 14 - 29!

Participate in NMSDC's Annual National
Program Managers' Seminar Virtually!

These two weeks of virtual programming will offer:

• Best practices in Supplier Diversity. These sessions are for newer supplier diversity
professionals and those wanting to refresh their supplier diversity development, as well as
Corporate Plus® members.

• Content focused on innovation, career development and learning solutions for more
experienced supplier diversity professionals. New this year, we will be offering industry group
breakouts for more intensive connection and sharing within industries.

• Soft skill development in: executive presence, board development, career acceleration,
technical skills, business case creation, supply chain management, and available certifications
that help support career goals.

We look forward to sharing exceptional learning and connection opportunities with you.

Meet you in the virtual room!

Sending You the Best,

Adrienne C. Trimble
President and CEO
NMSDC

Pricing

National Corporate Member Corporate Plus Member
· First attendee from a company: Complimentary · First person from a company: Complimentary
· Any additional from the same company: $600
· Any additional from the same company: $300
Local Corporate Member
· $750.00

Check Out Our Virtual Series Line Up

Tuesday, July 14, 2020

11:00 AM - 12:30 PM (EDT) Directed Tier 1 Spending: What is it and How Does it Impact Your
Company and Industry?
Part 2 from Leadership Week Series: Directed Tier 1 by Industry will

be held during our program manager series leveraging the insights

from this session to create an industry view of how the spend can be

accounted for.

Wednesday, July 15, 2020

11:00 AM - 12:00 PM (EDT) Supplier Diversity Series: Best Practice 1
This session is for new program managers with 1-3 years' experience,

as well as, experienced program managers who are interested in a
refresher. Participants will receive pre-course reading material

covering each best practice in preparation for the session.

Best Practice 1: Establish corporate policy and top management
support.

1:00 PM – 2:00 PM (EDT) What's Next After Paycheck Protection Program (PPP)?
Lack of access to the PPP funds has left our MBEs without the much-

needed capital to survive and grow. Learn about financial programs

and various other sources of capital funding available to MBEs. These
programs are important to maintain the viability and stability of our

MBEs and their participation in corporate supply chains.

Thursday, July 16, 2020

11:00 AM - 12:00 PM (EDT) Introducing Minority Money Managers to Corporate Treasury
Departments
Eric Darrisaw and members of the Omni Research Group (ORG) will
discuss the challenges that exist in providing minority money

managers access to opportunities in the treasury department of major
corporations. ORG will provide examples of organizations and

strategies that have been effective in providing access to minority

managers to corporate pension funds.

1:00 PM – 2:00 PM (EDT) Supplier Diversity Series: Best Practice 2
This session is for new program managers with 1-3 years' experience,
as well as, experienced program managers who are interested in a
refresher. Participants will receive pre-course reading material
covering each best practice in preparation for the session.

Best Practice 2: Develop a corporate minority supplier development
plan.

Tuesday, July 21, 2020

11:00 AM - 12:30 PM (EDT) Telling the Story: Making a Compelling Case for Supplier
Diversity
This session will focus on soft skills needed for program managers to

remain relevant within the corporate structure. We will discuss data

development, presentation and communication needed to present a

compelling supplier diversity business case.

1:00 PM - 2:00 PM (EDT) Supplier Diversity Series: Best Practice 3
This session is for new program managers with 1-3 years' experience,
as well as, experienced program managers who are interested in a
refresher. Participants will receive pre-course reading material
covering each best practice in preparation for the session.

Best Practice 3: Establish comprehensive internal and external
communications.

Wednesday, July 22, 2020

11:00 AM - 12:00 PM (EDT) Understanding Your NMSDC Membership Benefits: NMSDC
1:00 PM - 2:00 PM (EDT) Supplier Diversity Program Support
This session will focus on the tools and benefits available as a
member of NMSDC to support supplier diversity professionals as they
develop themselves, their programs and identify business
opportunities for their MBEs.

Program assessment tools, e-learning, virtual matchmaker technology,
available certifications and programming.