Executive Committee 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
Executive Committee

Meeting

December 6, 2019
Time: 7:30 a.m.

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12/06/2019 7:30 AM | D/FW MSDC |DECEMBER EXECUTIVE COMMITTEE

EXECUTIVE COMMITTEE

John Lozano* | Margo Posey* |Bonnie Clinton* | Rob Simpson* | Monica Menzel * | Eric Imrie* | Betty Manetta*| Terri
Quinton*| Don McNeely* |

CONFERENCE CALL- CALL IN NUMBER: (916) 235-1420 ACCESS CODE: 556773 #

Call to Order John

Chair’s Remark’s

November Minutes Monica

November Financials James
Nominating Committee Betty
MBEIC

Council Update Margo

1. Mentor Experience
2. 2020 Calendar

a. Board Installation & Recommitment
3. NMSDC
4. MBDA

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

November 15, 2019

In Attendance PRESENT/ PHONE/ ABSENT

John Lozano Betty Manetta Bonnie Clinton
Margo J. Posey Don McKneely James Estes
Rob Simpson Terri Quinton
Eric Imrie Monica Menzel

LOCATION/TIME

• Meeting was held as a conference call. The start time was 7:31 a.m.

OPENING

• Ms. Bonnie Clinton welcomed the attendees.

MINUTES

• Mr. John Lozano asked to accept minutes. Ms. Betty Manetta made a motion to accept meeting minutes and Ms. 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 Oct
was $597.5K against a budget of $422.9K. The Expenses actuals were $782K against a budget of $835.9K.

• Forecast remains unchanged
• Don McKneely made a motion to accept financials and Mr. Rob Simpson seconded. Motion carried.

CONSENT AGENDA/REPORTS

• MBEIC: Betty discussed November activities which is primarily planning for next year and setting calendar based
on feedback received throughout the year.

2019 COUNCIL PRESIDENT’S REPORT

• Margo Posey reviewed the details of tonight’s E-awards. Attendance is expected to be around 900 which is up
from prior years.

• Applications are currently being received for the Mentoring experience.

• MBDA has completed 2019 year. Grant year completes in March. 99% goal has been achieved so far.

• NMSDC update: Margo was asked to complete term for a departing committee member on Committee that
determines certification policy. DFW council will be participating in National initiative to market economic impact of
councils.

CLOSING REMARKS

• Monica recognized Betty Manetta for receiving Ford Mujeres Legendarias Award for Leadership.
• Meeting adjourned at 7:51 a.m.

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

For the One Month Ended November 30, 2019

ACTUAL BUDGET VARIANCE NUMBER
TO

BUDGET
FAV/(UNFAV)

REVENUE: 3,750 - 3,750 1
Corporate Memberships - New - - - 3
Corporate Memberships- Renewal 250
Interest Income 653 12,125 403
NMSDC National Dues 43,109 - 30,984
NMSDC National Performance BONUS 23,000
MBE Certification Fees-Renewals-Local - 4,000 -
MBE Certification Fees-New-Local 13,470 - (9,530)
MBE Out of Region Subscriber Fees-Renewal 2,000
MBE Out of Region Subscriber Fees-New 4,870 - 870
Expedite Fees 400 400
Education Scholarship (200)
Donation 1,800
Uncategorized -
68,052 41,375 -
TOTAL REVENUE -
-
EXPENSES: 26,677
NMSDC Functions
Software Maintenance 368 (368)
Certification -
Marketing 5,054 - -
Technology 1,391 - -
Office Expense 7,084 -
Catering Service 473 727
MBDA Office Catering 667 2,030
Printing 1,163 - (664)
Telecommunication 1,107 1,667 194
Credit Card Processing 1,042 -
Board Installation 4,792 - 504
Cartage/Delivery 6,429 30 (65)
Outsourcing 1,090 4,792 -
Lease-Office Space 6,429 30
Lease-Equipment/Other 2,084 -
Education Scholarship -
Training 2,685 6,417 994
Insurance/Taxes 4,530 1,667 -
Professional Fees 44,716 -
Temporary Services - 77,322
Salary 39,530 (2,685)
68,612 1,887
TOTAL EXPENSES 1,667
(560) (35,947) 5,186
NET CURRENT YEAR REVENUE/(LOSS) 8,710
22,530 77,500
TOTAL SPECIAL EVENTS REVENUE/(LOSS) 35,387
21,970 41,553
TOTAL CURRENT MONTH NET REVENUE/(LOSS) (54,970)

(19,583)

James Earl Estes
12/5/2019
4:34 PM

DFW Minority Supplier Development Council, Inc
Statement of Prior Year Revenue and Expenses
For the One Month Ended November 30, 2019

ACTUAL BUDGET VARIANCE
TO

BUDGET
FAV/(UNFAV)

TOTAL CURRENT YEAR NET REVENUE/(LOSS) 21,970 41,553 (19,583)

PRIOR YEAR PAYMENTS - - -
Prior Year Revenue - - -
Prior Year Expense
- - -
TOTAL PRIOR YEAR INCOME/(LOSS)
21,970 41,553 (19,583)
TOTAL NET REVENUE

Notes:

JEstes
12/5/2019

4:34 PM

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

For the Eleven Months Ended November 30, 2019

VARIANCE 2019 2018
TO
ACTUAL BUDGET NUMBER NUMBER
BUDGET
FAV/(UNFAV)

REVENUE: 22,250 22,500 (250) 42 0
Corporate Memberships - New 139,000 104,877 34,123 29 0
Corporate Memberships- Renewal
Interest Income 4,602 2,241 2,361
NMSDC National Dues 150,879 97,000 53,879
NMSDC National Performance BONUS 45,804
MBE Certification Fees-Renewals-Local 45,804 - 72,866
MBE Certification Fees-New-Local 213,866 141,000 11,893
MBE Out of Region Subscriber Fees-Renewal
MBE Out of Region Subscriber Fees-New 43,393 31,500 7,750
Expedite Fees 21,150 13,400 6,700
Education Scholarship 14,300 3,150
Donation 7,600
Uncategorized 5,950 2,800 -
-
TOTAL REVENUE 4,343 422,918 4,343
665,537 242,619

EXPENSES: 23,998 24,510 512
NMSDC Functions 2,046
15,000 -
NMSDC Town Hall 15,000 -
Software Maintenance - 120 -
Certification -
Marketing 120 85,167 (3,098)
Technology - 6,681 (399)
Office Expense 6,670 2,853
Catering Service 88,265 -
MBDA Office Catering 7,080 14,999 4,643
Printing 3,817 9,984 (1,504)
Telecommunication 4,500 1,393
Credit Card Processing 10,356 90 90
Board Installation 11,488 (4,791)
Cartage/Delivery 47,917 (6,429)
Outsourcing 3,107 64,290 889
Lease-Office Space 19,086 -
Lease-Equipment/Other 52,708 -
Education Scholarship 70,719 (2,557)
Training 18,197 (1,911)
Insurance/Taxes (29)
Professional Fees 12,557 10,000 (2,280)
Temporary Services 66,081 64,170 (12,618)
Salary 20,029 20,000
445,086 442,806
TOTAL EXPENSES 850,654 835,990

NET CURRENT YEAR REVENUE/(LOSS) (185,117) (413,072) 227,955

TOTAL SPECIAL EVENTS REVENUE/(LOSS) 334,355 307,000 27,355

TOTAL CURRENT MONTH NET REVENUE/(LOSS) 149,238 (106,072) 255,310

JEstes
12/5/2019

4:34 PM

DFW Minority Supplier Development Council, Inc
Statement of Prior Year Revenue and Expenses
For the Eleven Months Ended November 30, 2019

ACTUAL BUDGET VARIANCE
TO

BUDGET
FAV/(UNFAV)

TOTAL CURRENT YEAR NET REVENUE/(LOSS) 149,238 (106,072) 255,310
PRIOR YEAR PAYMENTS
Prior Year Revenue 35,555 - 35,555
Prior Year Expense 16,970 - 16,970

TOTAL PRIOR YEAR INCOME/(LOSS) 18,585 - -
TOTAL NET REVENUE 167,823 (106,072)
18,585

273,895

Notes:

JEstes
12/5/2019

4:34 PM

DFW Minority Supplier Development Council, Inc
Statement of Revenue and Expenses
Full Year Projection
As of November 30, 2019

ACTUAL FULL YEAR 2019 VARIANCE
YTD FORECAST APPROVED BUDGET

November 30, 2019 BUDGET TO
FORECAST
REVENUE: 22,250 30,000 37,500 FAV/(UNFAV)
Corporate Memberships - New 139,000 189,255 189,255
Corporate Memberships- Renewal (7,500)
Interest Income 4,602 3,949 2,993 -
NMSDC National Dues 150,879 125,000 145,500
NMSDC National Performance BONUS 956
MBE Certification Fees - Renewal-Local 45,804 256,500 256,500 (20,500)
MBE Certification Fees - New-Local 213,866 51,300 51,300
MBE Subscriber Fees-Renewal 21,000 21,000 -
MBE Subscriber Fees-New 43,393 12,500 7,500 -
Education Scholarship 21,150 - - -
Expedite Fees 14,300 5,950 2,800 -
Donation, Marketing Contributions 5,000
Uncategorized - 695,454 714,348 -
5,950 3,150
TOTAL REVENUE -
-
4,343 (18,894)
665,537

EXPENSES 23,998 28,100 28,100 -
NMSDC Functions 2,046 2,046
120 2,000 2,000 -
NMSDC Town Hall 0 1,700 1,700 -
Marketing 15,000 -
Technology 15,000 15,000 1,000 -
Software Maintenance 0 1,000 85,000 -
Training 20,000 -
Office Expense 88,265 85,000 9,000 -
Telecommunication 10,356 20,000 8,000 -
Catering Service 4,500 -
MBDA Office Catering 7,080 9,000 12,500 -
Board Installation 3,817 8,000 -
Credit Card Processing 3,107 4,500 300 -
Cartage/Delivery 11,488 12,500 57,500 -
Outsourcing 77,148 -
Lease-Office Space 0 300 25,000 -
Lease-Equipment/Other 52,708 57,500 25,000 -
Education Scholarship 70,719 77,148 16,000 -
Insurance/Taxes 18,197 25,000 77,000 -
Professional Fees 25,000 20,000 -
Temporary Services 0 16,000 536,600 (2,046)
Salary 12,557 77,000 1,021,348
66,081 20,000
TOTAL EXPENSES 20,029 536,600
445,086 1,023,394
850,654

NET CURRENT YEAR REVENUE/(LOSS) (185,117) (327,940) (307,000) (20,940)

TOTAL SPECIAL EVENTS REVENUE/(LOSS) 334,355 307,000 307,000 -
TOTAL CURRENT YEAR NET REVENUE/(LOSS) 149,238 (20,940) - (20,940)

PRIOR YEAR PAYMENTS 35,555 - - -
Prior Year Revenue 16,970 - - -
Prior Year Expense 18,585

TOTAL PRIOR YEAR REVENUE/(LOSS)

TOTAL NET REVENUE 167,823 (20,940) - (20,940)

JEstes
12/5/2019

4:34 PM

DFW Minority Supplier Development Council, Inc
Balance Sheet

at November 30, 2019

As of As of As of
11/30/2019 12/31/2018 12/31/2017

ASSETS 25,845 25,845 25,845
110,181 109,772 108,626
CURRENT: 13,956
CASH-SPECIAL-BANK OF TEXAS 414,252 (454) 31,975
INVESTMENT/BANK OF TEXAS 202,458 410,803 440,727
CASH-OPERATING-BANK OF TEXAS 202,231 201,928
CASH-SWEEP-BANK OF TEXAS 24,525
CASH-COMERICA BANK MONEY MARKET 155,825 24,525 24,525
CASH-COMERICA BANK CHECKING 154,434 25,202
CASH-GREEN BANK MONEY MARKET 0 127,947
INVESTMENT-GREEN BANK 53,197 - 53,197
CASH -REGIONS BANK 81,408 53,197 81,408
INVESTMENT-REGIONS BANK 71,867 81,408 72,215
CASH-CHASE CHECKING 12,541 71,982 12,541
CASH-CHASE CHECKING II 27,335 12,541 26,698
CASH-PLAINSCAPITAL BANK MONEY MARKET 43,992 77,209
CASH-CAPITALONE-CHECKING 50,235 -
CASH-CAPITALONE-SAVING - -
INVESTMENT-PLAINSCAPITAL BANK 0 - 50,000
PETTY CASH 150 - 150
ACCOUNTS RECEIVABLE-MBDA 150 -
ACCOUNTS RECEIVABLE 0 15,931 49,400
63,079 70,450 1,332,384
DEPOSIT-2016 BTTBU BREAKFAST 1,350,846 1,310,024
DEPOSIT-2016 HARD HAT 1,292
DEPOSIT-2020 GOLF AND TENNIS 2,673 - 7,680
DEPOSIT 2019 ACCESS 0 - 4,237
DEPOSIT-2019 TOP GOLF (APRIL AND AUGUST) -
DEPOSIT-2019 HARD HAT 3,906 1,000 -
PREPAID EXPENSES-TOWER CLUB 0 7,811
PREPAID EXPENSES 7,284 1,345,593

- 10,000
-
TOTAL CURRENT ASSETS 1,357,425 1,318,835 -
-
FIXED ASSETS: 48,796 48,796 -
SOFTWARE-CSC -
EQUIPMENT & FURNITURE PRE-1991 65,810 - 65,012
EQUIPMENT & FURNITURE -1999 65,448 - 15,150
EQUIPMENT, FURNITURE, & FIXTURE-POST 1999 (66,797) -
FURNITURE & FIXTURES 2011 113,257 -
FURNITURE & FIXTURES 1,470,682 65,812 (66,797)
EQUIPMENT & COMPUTERS 36,561 23,365
COMPUTER EQUIPMENT 2014
LESS: ACCUMULATED DEPRECIATION - 1,368,958
(66,797)
TOTAL ASSETS 84,372 123,727
21,787
1,403,207
1,130,287
LIABLITIES & FUND BALANCE 298,221 226,818 93,157
56,813 62,404
LIABILITIES 1,368,958
1,003,788 1,138,100
PREPAID FEES/DUES 111,860 (24,115) 1,368,958
ACCOUNTS PAYABLE
1,470,682 1,403,207
FUND BALANCE:
BEGINNING FUND BALANCE 1,470,682 1,403,207
NET REVENUE/(LOSS)

TOTAL LIABILITIES & FUND BALANCE

Footnotes:

James Earl Estes
Date

4:34 PM]

DFW Minority Supplier Development Council, Inc
Statement of Special Event Funds
11/30/19

For the One Month Ended November 30, 2019 Golf & QUARTERLY Fort Supplier MINI
Tennis BUYERS Meeting
Funds Received Classic Annual BTTBU BTTBU Worth Diversity Sponsor Top
Event fees Meeting LUNCHEON Breakfast Scholarship Golf
Grants Awards Banquet Hard Hat MBEIC ACCESS Exchange Sessions Total
Discount Packages -
Accounts Receivable 80,701.00 - 80,701.00
-
Total funds received 26,350.00
Disbursements 26,350.00
Event expense 107,051.00 - -- - -- - ---- -
84,521.00 --
Total disbursements 84,521.00 - -- - -- - --
Excess Funds Over - -- - -- - ---- 107,051.00
22,530.00 -
Disbursements
84,521.00
--

84,521.00

- 22,530.00

JEstes
12/5/2019

4:34 PM

DFW Minority Supplier Development Council, Inc
Statement of Special Event Funds
11/30/19

For the Eleven Month Ended November 30, 2019

Golf & QUARTERLY MBDA
Tennis BUYERS
Classic Annual BTTBU BTTBU Top (4/1/2019-
Meeting LUNCHEON Breakfast Scholarship
Awards Banquet Hard Hat MBEIC ACCESS Golf Total 10/31/2019

Funds Received 120,250.00 22,450.00 55,637.00 925.00 6,388.00 13,290.00 156,239.00 5,662.00 380,841.00 -
Event fees - 185,000.00
Grants 119,137.00 9,400.00 17,150.00 5,500.00 4,500.00 47,400.00 5,662.00
Discount Packages 34,985.00 2,200.00 - 57,679.00 7,811.00 203,087.00 -
Accounts Receivable 7,811.00 94,864.00
274,372.00 34,050.00 72,787.00 - 925.00 6,388.00 5,500.00 17,790.00 261,318.00 -- -
Total funds received 117,461.00 20,992.00 20,972.00 513.00 22,308.00 10,272.00 17,790.00 126,318.00 185,000.00
Disbursements 678,792.00
Event expense 117,461.00 20,992.00 20,972.00 - 513.00 22,308.00 10,272.00 17,790.00 126,318.00 - -
194,435.00
Total disbursements 344,437.00
-- --
Excess Funds Over 194,435.00
Disbursements 344,437.00

YTD Budget 156,911.00 13,058.00 51,815.00 - 412.00 (15,920.00) (4,772.00) - 135,000.00 (2,149.00) 334,355.00 (9,435.00)
115,000.00 12,000.00 50,000.00
YTD Favorable (Unfavorable) (500.00) (8,000.00) (1500.00) 135,000.00 5,000.00 307,000.00
41,911.00 1,058.00 1,815.00
2019 FORECAST 115,000.00 15,918.00 51,815.00 -
115,000.00 12,000.00 50,000.00
2019 ORIGINAL BUDGET (500.00) (8,000.00) (1500.00) 135,000.00 5,000.00 312,733.00
(500.00) (8,000.00) (1500.00)
135,000.00 5,000.00 307,000.00

JEstes
12/5/2019

4:34 PM

Dallas/Fort Worth Minority Supplier Development Council, Inc
List of Financial Institutions
2019

11/30/2019 MATURITY DATE CD/ACCT # APY
25,845 ONGOING
CASH-SPECIAL-BANK OF TEXAS - 8286858859 2.20%
INVESTMENT-BANK OF TEXAS 10,159
CASH-OPERATING-BANK OF TEXAS
CASH-SWEEP-BANK OF TEXAS 521,854
557,858
CASH-COMERICA BANK MONEY MARKET 202,484
CASH-COMERICA BANK CHECKING
INVESTMENT-COMERICA BANK 24,525
-
CASH-CHASE CHECKING
CASH-CHASE CHECKING II 227,009
71,868
INVESTMENT/REGIONS BANK 12,541
CASH-BUSINESS MONEY MARKET 84,409
CASH -REGIONS BANK 50,241
31,167
CASH-PLAINSCAPITAL BANK MONEY MARKET 53,197

CASH-GREEN BANK MONEY MARKET 134,605
27,347
CASH -CAPITALONE CHECKING 27,347
CASH-CAPITALONE SAVINGS
155,984
155,984

43,992
50,235
94,227

1,281,439

Dallas/Fort Worth Minority Supplier Development Council, Inc
Receivables Average DOS Report
2019

Name Amount 1-30 2019 61-90 91-120 121-Over
2019 ACCESS 57,679.00 0.00 0.00 0.00 57,679.00
2019 GOLF AND TENNIS 0.00 31-60 0.00 0.00
2019 E AWARDS 2,200.00 0.00 0.00 2,200.00 0.00
34,985.00 34,985.00 0.00 0.00 0.00 57,679.00
94,864.00 34,985.00 0.00
0.00 2,200.00

DFW Minority Supplier Development Council, Inc
Statement of Revenue and Expenses
Full Year Projection
As of December 31, 2019

ACTUAL PROJECTED TOTAL FULL YEAR 2019 VARIANCE
YTD 12/31/2019 YTD FORECAST APPROVED BUDGET

November 30, 2019 12/31/2019 BUDGET TO
FORECAST
FAV/(UNFAV)

REVENUE: 22,250 12,125 22,250 30,000 37,500 (7,500)
Corporate Memberships - New 139,000 - 139,000 189,255 189,255 -
Corporate Memberships- Renewal
Interest Income 4,602 12,125 4,602 3,949 2,993 956
NMSDC National Dues 150,879 163,004 125,000 145,500 (20,500)
NMSDC National Performance BONUS
MBE Certification Fees - Renewal-Local 45,804 45,804 256,500 256,500 -
MBE Certification Fees - New-Local 213,866 213,866 51,300 51,300 -
MBE Subscriber Fees-Renewal 21,000 21,000 -
MBE Subscriber Fees-New 43,393 43,393 12,500 7,500 -
Education Scholarship 21,150 21,150 - - 5,000
Expedite Fees 14,300 14,300 5,950 2,800 -
Donation, Marketing Contributions 3,150
Uncategorized - - 695,454 -
5,950 5,950
TOTAL REVENUE 714,348 (18,894)
- -
EXPENSES 4,343 4,343
NMSDC Functions 665,537 677,662

NMSDC Town Hall 23,998 0 23,998 28,100 28,100 -
Marketing 2,046 0 2,046 2,046
Technology 120 0 120 2,000 2,000 -
Software Maintenance 0 0 - 1,700 1,700 -
Training 0 15,000 -
Office Expense 15,000 0 15,000 15,000 1,000 -
Telecommunication 0 - 1,000 85,000 -
Catering Service 4,792 20,000 -
MBDA Office Catering 88,265 6,429 88,265 85,000 9,000 -
Board Installation 10,356 1,200 10,356 20,000 8,000 -
Credit Card Processing 4,500 -
Cartage/Delivery 7,080 0 7,080 9,000 12,500 -
Outsourcing 3,817 3,817 8,000 -
Lease-Office Space 3,107 3,107 4,500 300 -
Lease-Equipment/Other 11,488 11,488 12,500 57,500 -
Education Scholarship 77,148 -
0 - 300 25,000 -
52,708 57,500 57,500 25,000
70,719 77,148 77,148
18,197 19,397 25,000
25,000
0 -

Insurance/Taxes 12,557 12,421 12,557 16,000 16,000 -
Professional Fees 66,081 66,081 77,000 77,000 -
Temporary Services 20,029 (296) 20,029 20,000 20,000 -
Salary 445,086 445,086 536,600 536,600 -
850,654 334,355 863,075 1,023,394 1,021,348 (2,046)
TOTAL EXPENSES 334,059
(185,117) (185,413) (327,940) (307,000) (20,940)
NET CURRENT YEAR REVENUE/(LOSS)
334,355 (185,413) 307,000 307,000 -
TOTAL SPECIAL EVENTS REVENUE/(LOSS) 149,238 (20,940) - (20,940)
TOTAL CURRENT YEAR NET REVENUE/(LOSS) 35,555 71,110
35,555 16,970 33,940 - - -
PRIOR YEAR PAYMENTS 16,970 18,585 37,170
Prior Year Revenue 18,585 - - -
Prior Year Expense 352,644 (148,243)
167,823 (20,940) - (20,940)
TOTAL PRIOR YEAR REVENUE/(LOSS)

TOTAL NET REVENUE























MBEIC DECEMBER 2019 REPORT

MBEIC’s representative, Pamela Nelson, participated during the new member orientation on
December 3, 2019, sharing information about MBEIC’s role and importance of networking and
providing input to our committee.

The MBEIC leadership team prepared the proposed calendar of events for 2020 and our Year-
End report, which is under review and approval.

As reported in the November report, there was no activity scheduled in November or
December but MBEIC leadership will participate in the annual meeting and continue to conduct
internal meetings to provide input for 2020.











Unrestricted Content

November 24, 2019

TO: Margo J. Possey, President/CEO, D/FW MSDC

TO: Bonnie Clinton, 1st Vice Chair, General Manager, Toyota Shared Services
Indirect Procurement,

Ms. Posey and Ms. Clinton,

Regretfully, after many years as a board member, my current assignment and travel
commitments no longer allow for the personal engagement and involvement
required of a Council Board Member.
Effective immediately, I submit my resignation and voting privileges as the
Raytheon representative on the DF/W MSDC Board of Directors.
After consultation with senior supply chain leadership at Raytheon, please accept
for consideration and board approval Ms. Suzanne Maddux, Space and Airborne
System’s Supply Chain Director of Operations as the Raytheon representative on
the Board.
It has been a privilege and honor to serve the board and council and you have my
commitment to serve as opportunities allow.

Respectfully,

Juan (John) Lozano
Raytheon Missile Systems
Deputy Vice President
Supply Chain Management

Suzanne Maddux Raytheon Company
Supply Chain Director 2501 W. University Drive
Space and Airborne Systems McKinney, TX 75071
Raytheon Company USA
972-952-7449

Unrestricted Content

Biography

Suzanne Maddux is the Director of Supply Chain Outside of Raytheon she has held leadership roles in
Business Operations for Space and Airborne Systems Lean Manufacturing and Quality in the commercial
(SAS). In this role, Suzanne reports to the SAS Vice industry with responsibility for product launches and
President of Supply Chain and leads a team of 35+ implementation of a quality management system.
supply chain professionals responsible for supply chain
business operations with regards to supplier diversity, Suzanne graduated from the University of Michigan
budget and financials, process and technology solutions, with a B.S. in Industrial & Operations Engineering.
supply chain compliance and governance, data analytics Suzanne is a member of Institute of Industrial and
and supply chain talent development & learning. Systems Engineers, Society of Women Engineers, and
a Raytheon Six Sigma Specialist and has her Level 4
Suzanne has over 18 years of experience leading change Certification in Material Program Management and
management and employee development in highly Subcontract Management.
technical defense & commercial industries in roles such
as Production Planning, Supply Chain, Quality and Raytheon Space and Airborne Systems is a $6.7B
Operations. She has a cumulative 15 years at Raytheon business with 13,000 global employees
supporting Programs, Operations and Supply Chain. headquartered in McKinney, Texas. Space and
Prior to her current role, she was the Subcontracts Sr. Airborne Systems is a leading provider of radar and
Manager responsible for the performance of over 120 sensor systems on airborne and space-based
material and service subcontracts and $350+M in spend platforms. The business provides communications,
supporting the Mission Support & Modernization electronic warfare, high-energy laser solutions and
program portfolio within the Intelligence, Information special mission aircraft for the network-centric
& Services (IIS) business. Prior to that she held battlefield. Research advancements range from
positions at SAS as the Sr. Manager in Proposal linguistics to quantum computing.
Excellence, a Value Stream Lead in the McKinney
Consolidated Manufacturing Center in support of Raytheon Company is a technology and innovation
consolidation activities and the STS Production Control leader specializing in defense, civil government and
Manager in ISRS in the North Texas area. cybersecurity solutions. Founded in 1922, Raytheon
provides state-of-the-art electronics, mission
Suzanne began her career with Raytheon as a systems integration, C5I products and services,
Manufacturing Engineer in IDS supporting the CCA sensing, effects and mission support services for
COE in McKinney, Texas. She spent 4 years in this role customers in more than 80 countries. With 2018
working with programs, process engineering, factory sales of $28 billion and 67,000 employees,
operations and logistics to manage product through the Raytheon Company is a technology leader with a
readiness process for all prototypes, production and history of innovation spanning 96 years. Raytheon is
engineering changes. headquartered in Waltham, Mass.

September 2019

T’wana Brown
Vice President, Divisional Merchandising Manager – Men’s

T’wana Brown is the vice president, divisional merchandise manager
for Men’s at JCPenney, reporting to Jeff Useforge, senior vice
president, general merchandise manager. Brown is charged with
leading the buying teams and managing all buying activities for Men’s
Arizona® and Levi’s®, young men’s, active apparel and team sports to
ensure the assortment is aligned with the Company and to promote
brand loyalty and excitement among customers.

Brown brings extensive knowledge in e-commerce, merchandising,
product development and marketing to JCPenney. She first joined the
Company in 2010 as a senior merchandise manager in fine jewelry
and ultimately served as senior online merchandise director for ready-to-wear, shoes,
accessories, handbags, intimate apparel and jewelry. Prior to rejoining the Company, Brown
spent six years at Neiman Marcus and most recently served as vice president, divisional
merchandise manager for men’s sportwear, shoes and small leather goods. At Neiman she drove
strategies to increase profitable sales, curate merchandise assortments and establish the Nieman
Marcus private label program. Brown also served as vice president, divisional merchandise
manager of omni-channel for intimates, kids and flash sales, and vice president, divisional
merchandise manager of e-commerce for women’s fine apparel, dresses and flash sales.

Earlier in her career, Brown worked in various roles in e-commerce and merchandising. She spent
eight years at Marshall Field’s in positions of increasing responsibility including serving as
designer and product manager of select private brands, and worked at HSN and Soma, a division
of Chico’s.

Brown holds a Bachelor of Arts in sociology from the University of Minnesota and a Master of
Science in web strategy and design from Mercy College. She is also a graduate of Harvard
University’s Organizational Leadership program.

PROPOSED TENTATIVE 2020 BOARD CALENDAR

PLEASE PLAN ON ATTENDING MONTHLY BOARD MEETINGS IN PERSON

BOARD OF DIRECTORS MEETINGS 2020 EVENT DATES

• January 24th Friday, 7:30 a.m. Council Office January 22nd, 2:00 PM
 February 21st Friday, 7:30 a.m. 7:30 a.m. Council
March 3rd, 5:00 PM
Office Hard Hat 2020
 * March 25th Wednesday 10:00 a.m. Double Tree
(Eddie Deen’s Ranch)
Hotel, 4099 Valley View Hotel, Dallas, TX 75244
 April 24th, Friday, 9:00. a.m. TBD March 25th, 11:30 AM
 May 5th - Tuesday 7:30 a.m., Irving Convention Quarterly Buyers Lunch (QBL)

Center, 500 West Las Colinas Boulevard, Irving, TX (DoubleTree Hotel)
75039
 * June 17th Wednesday Double Tree Hotel, 4099 April 24th, 7:15 AM
Valley View Hotel, Dallas, TX 75244 BTTBU™ Breakfast
 July (No Meeting)
 * September 23rd, Wednesday, 10:00 a.m. Double May 4th, 5:00 PM –May 6th, 7:30 AM- 1:00 PM
Tree Hotel, 4099 Valley View Hotel, Dallas, TX ACCESS 2020
75244 prior to Quarterly Luncheon
 October 23rd, Friday, 7:30 a.m. at Council (Irving Convention Center)
 November (No Meeting)
 December 8th, Tuesday, 4:00 p.m. at Council TBD
FWISD “ISD Day”
o Immediately preceding Annual Meeting (Fort Worth, Texas)

*These meetings are prior to the Quarterly Buyers Luncheon June 17th, 11:30 AM
Quarterly Buyers Lunch (QBL)

STANDING COMMITTEE MEETINGS August 24th, 8:00 AM
Golf & Tennis Networking Classic

September 23rd, 11:30 AM
Quarterly Buyers Lunch

Certification October 11th -14th
2nd Thursday of the month at 8:30 a.m. to 12:00 p.m. (NMSDC National Conference, Atlanta, GA)
followed by site visits.
TBD
Supplier Diversity Professionals Working Group DISD “ISD Day”
Bi-Monthly at the Council
Check website for date & location (D/FW MSDC

MBEIC- Minority Business Enterprise Input November 20th, 5:00 PM
Committee E- Awards
Bi-Monthly
Check website for date & location Hilton Anatole- Dallas

December 8th, 5:00 PM
D/FW MSDC Annual Meeting
and Toy Drive (D/FW MSDC)

D/FW MSDC At Work’ Activity Requiring Participation November 2019

Council Host Certification

1. November 12th, 2019 Texas Central Railway Our Business Opportunity Enterprise (BOE) Program Was 1. November 1st, 2019 D/FW MSD MBE

Established to Promote the growth of Texas-Based Small, Rural, Minority, Women, Veteran & Disabled Individual- Precertification Orientation.

Owned Businesses by Providing Robust Opportunities in Building & Operating the Texas Central High-Speed 2. November 14th, 2019 D/FW MSDC Certification

Train Projects Committee Meeting.

2. November 13th,2019 Small Business Advocacy Council Monthly Meeting. 3. November 7th, 2019 D/FW MSDC MBE Pre-

3. November 13th,2019 D/FW MSDC in Association with Dallas ISD - ISD Day Event. Certification Workshop.

4. November 13th, 2019 D/FW MSDC Supplier Diversity Professional Working Group - Review Committee By-Laws, 4. November 14th, 2019 D/FW MSDC MBE Pre-

2020 Planning Meeting. Certification Workshop.

5. November 13th, 2019 MBDA Monthly Teleconference Meeting.

6. November 14th, 2019 MBDA Monthly Business Breakfast Meeting.

7. November 14th, 2019 2019 E-Awards at the Hyatt Regency Dallas.

8. November 20th, 2019 The Wright Resource Group, LLC., Meeting.

Council Meetings Plan Room Acquisitions

1. November 5th, 2019 D/FW MSDC New Supplier Orientation Plans / Specifications Acquired -152

2. November 11th, 2019 D/FW MSDC Inclusive Supply Chain Working Group Meeting GC Invitations to Bid Sourced - 116

3. November 12th, 2019 D/FW MSDC Finance Committee Meeting Procurement Opportunities No-Construction Related Sourced - 112

4. November 13th, 2019 MBDA Business Center Call (Teleconference). Architectural/Engineering Opportunities Sourced -7-

5. November 13th, 2019 D/FW MSDC MBEIC Meeting. Construction News Development/Proposed -10-

6. November 15th, 2019 D/FW MSDC Executive Committee Board Meeting.

Outreach | Inclusion | Attendance

1. November 1st, 2019 AISD & City of Arlington Monthly Meeting (Arlington, TX). 22. November 13th, 2019 United Rentals RHCA Member Open House (Plano, TX).

2. November 4th,2019 Business Diversity Roundtable with Governor Greg Abbott – 23. November 14th,2019 Collin County Black Chamber of Commerce - Business

C1 Innovation Lab 603 (Dallas, TX). Connections Meeting (Frisco, TX).

3. November 4th,2019 Collin College Phase-3 Construction – Calling all A/E/C - Collin 24. November 14th, Fort Worth ISD in Association with Satterfield & Pontikes | Post L JV -

Higher Education Center (McKinney, TX). Invitation to Sub Mixer & Scope Review of Upcoming Opportunities-Post Group (Fort,

4. November 4th, 2019 NAICS Code Discussion - Synergy Among Agencies (Fort Worth, TX).

Worth, TX). 25. November 14th, 2019 Monthly FOC Conference Call Meeting

5. November 4th, 2019 Presidents’ Call. 26. November 14th,2019 RHCA & UNT System HUM Program hosts “Water | Wastewater

6. November 5th, 2019 WBE Hall of Fame (Irving, TX). Engineering Project Opportunity Luncheon (Fort, Worth, TX).

7. November 6th, 2019 Ariel Hunter-Chriss Women & Minority Owned Enterprise & 27. November 18th.2019 City of Dallas’ Office of Procurement Services Vendor Workshop.

Business Professionals (Dallas, TX). 28. November 18th, 2019 TRVA Quarterly Fair Contracting Committee Meeting

8. November 6th, 2019 Dallas Love Field Project Informational Day. (Dallas, TX 29. November 19th, 2019 2019 Austin AD FED Agency & Diverse Supplier Collabrative_V3

9. November 6th, 2019 NTTA November Business Chat Session! (Plano, TX). (Austin, TX).

10. November 7th, 2019 City of Dallas Diversity Task Force Meeting. 30. November 19th, 2019 TCC South Campus DOL Registered Apprenticeship Invitation for

11. November 7th, 2019 Ericsson Supplier Diversity Matchmaker Summit - Ericsson Construction, IT, Energy & Automotive. (Fort Worth, TX).

North America Campus, (Plano, TX). 31. November 19th, 2019 Dallas County Commissioner's Court.

12. November 7th, 2019 NMSDC Conference-IT Debriefing. 32. November 20th, 2019 NTTA's Board of Directors Meeting (Plano, TX).

13. November7th, 2019 University of North Texas HUB Vendor Fair & Government 33. November 20th, &22nd, 2019 2019 SAME Federal Small Business Conference for the

Agency Mixer (Denton, TX). A/E/C Industry - Kay Bailey Hutchison Convention Center (Dallas, TX).

14. November 8th, 2019 2019 La Cima Latina Leadership Awards Luncheon (Addison, 34. November 22nd, 2019 TxDOT Dallas & Fort Worth Districts - Heavy Highway Forum

TX). (Irving, TX).

15. November 11th, 2019 Amazon/NMSDC/MBDA Collaboration- Global eCommerce 35. November 20th, 2019 Women’s Business Conference (Dallas, TX).

Pilot Program Check in 36. November 20th 2019 Texas Comptrollers "HUB Expo" Better Together, More Business -

16. November 11th, 2019 DFW Airport Board Meeting -Business Opportunity Fair Tel- Stronger Connections (Austin, TX).

Conference Call Event DeBrief. 37. November 21st, 2019 Growing with Goldman Sachs 10,000 Small Business & Doing

17. November 12th, 2019 Strategic Session Meting Outside. Business with Educational Institutions - Bill J. Priest (Dallas, TX).

18. November 12th, 2019 Visit Dallas - 2019 Annual Meeting Breakfast Kay Bailey 38. November 23rd, 2019 Power of Inclusion & Diversity Expo! (Richardson, TX).

Hutchison Convention Center (Dallas, TX). 39.

19. November 12th, 2019 Visit Dallas - 2019 Annual Meeting Breakfast Kay Bailey 40. November 26th, 2019 African Chamber of Commerce 2019 Networking Event (Dallas,

Hutchison Convention Center (Dallas, TX). TX).

20. November 13th, 2019 SKANSKA in Association with ACARI TCCD NW Campus 41. November 27th, 2019 Dallas Park Board Meeting Room 6FN - Mobility Solutions,

Vendor Outreach NW Campus Redevelopment Phase-I Spotlight (Fort Worth, TX) Infrastructure and Stability Committee Meeting

21. November 13th, 2019 Understanding Supplier and Risk Management in

Corporations (Dallas, TX).

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
Q3 December 5, 2019

YTD Results/Activities: Year 4 – (3rd Quarter) (9th month)

Goal Name Actual Goals Work in Progress Report % of Achievement of
Work in Progress
Number of Awarded Contracts & 17 41 40 85
Procurements $56,054,657 $65,000,000 $22,000,000
95
Dollar Value of Awarded Contracts
98
Number of Awarded Financial Transactions 18 23 7
80
Dollar Value of Financial Transactions $28,450,000 $36,000,000 $13,000,000 85
Number of Jobs created 95 188 76

Number of Jobs retained 63 110 64 85

Number of Clients 13 38 23 80
DFW MBDA Year End (March 31, 2020)

Ranked Outstanding 8 years out of 9 years that DFW MSDC had contract.