Tristate Minority Supplier Development Council Inc in Nashville, Tennessee (TN)

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Tristate Minority Supplier Development Council Inc
Employer Identification Number (EIN)621086913
Name of OrganizationTristate Minority Supplier Development Council Inc
In Care of NameCheri Henderson
Address220 Athens Way Ste 105, Nashville, TN 37228-1300
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionCharitable Organization, Educational Organization
Ruling Date09/1984
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$898,702
Amount of Income$616,287
Form 990 Revenue Amount$582,995
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Management Services for Small Business, Entrepreneurs


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Amount of income in 2012: $616,287 (it was $777,348 in 2011)
This organization: 

 $616,287
Other organizations performing similar types of work: 

 $412,701

Assets in 2012: $898,702 (it was $857,365 in 2011)
This organization: 

 $898,702
Other organizations performing similar types of work: 

 $399,242

Expenses in 2012: $598,510
This organization: 

 $598,510
Other organizations performing similar types of work: 

 $359,525

Income to expenses ratio in 2012: 1.0
Tristate Minority Supplier Development Council Inc: 

 1.0
Other organizations performing similar types of work: 

 1.1

Number of employees in 2012: 4
This organization: 

 4
Other organizations performing similar types of work: 

 4

Employees paid over $100,000 in 2012: 25.0%
This organization: 

 25.0%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2012: 18.6%
This organization: 

 18.6%
Other organizations performing similar types of work: 

 72.8%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$582,995
Contributions, Gifts, Grants and Other Similar Amounts$108,422
Program Service Revenue$449,653
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,900
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$22,020
Gross income from fundraising events$55,312
Less: direct expenses$33,292
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$598,510
Compensation of current officers, directors, trustees, and key employees$114,923
Other salaries and wages$109,081
Payroll taxes$17,320
Professional fundraising services$0
Other$357,186
Balance Sheet (for 2012)
Total assets$898,702
Total liabilities$56,852
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$56,852
Total net assets or fund balances$841,850
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$787,346
Gifts, grants, contributions, and membership fees received$743,998
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$43,348
Gross receipts from related activities, etc.$1,801,995
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Spedd Inc1129 Industrial Park Ste119, Vandergrift, PA 15690-9646PA1971-01$3,010,381
2Womens Initiative For Self EmploymentPO BOX 29181, San Francisco, CA 94129-0181CA1993-10$2,973,098
3Brightbridge IncPO BOX 871, Chattanooga, TN 37401-0871TN1983-08$2,453,082
4Trenton Business Assistance Corporation3111 Quakerbridge Rd 2nd Fl, Mercerville, NJ 08619-1634NJ1980-08$1,756,891
5Southeast Chicago Development Commission Inc2938 E 91st Street Suite 106, Chicago, IL 60617-4208IL1982-10$1,689,483
6Valley Small Business Development Corporation7035 N Fruit Ave, Fresno, CA 93711-0761CA1978-02$1,636,133
7Southern California Minority Supplier Development Council Inc, A Public Benefit Corporation800 W 6th St Ste 850, Los Angeles, CA 90017-2711CA1982-10$1,416,863
8Ohio Minority Supplier Development Council100 E Broad St, Columbus, OH 43215-3607OH1989-12$1,044,043
9South Of Market Foundation, Urban Solutions1167 Mission St Ste 200, San Francisco, CA 94103-1544CA1993-12$846,671
10South Central Ozark Council Of GovernmentsPO BOX 100, Pomona, MO 65789-0100MO1992-06$755,095
11Virginia Regional Minority Supplier Development Council Inc707 E Main St Ste 1375, Richmond, VA 23219-2807VA1990-08$648,285
12Tristate Minority Supplier Development Council Inc220 Athens Way Ste 105, Nashville, TN 37228-1300TN1984-09$616,287
13Starting-Gate2750 Constitution Blvd, Beaver Falls, PA 15010-1275PA1986-01$562,741
14Urban Empowerment Corporation1011 Ne 117th St, Biscayne Park, FL 33161-6749FL1984-07$401,045
15Treasury Management Association Of New England256 Essex St, Salem, MA 01970-3434MA1982-07$348,140
16South Dekalb Business Incubator Inc2632 Rainbow Way, Decatur, GA 30034-1402GA1994-05$291,954
17Youngstown Area Development Corp2123 Belmont Ave, Youngstown, OH 44505-2402OH1969-05$251,719
18The M & L Foundation Inc23001 Industrial Blvd, Rogers, MN 55374-9566MN1995-09$197,585
19South Mississippi Contract Procurement Center1636 Popps Ferry Rd Ste 203, Biloxi, MS 39532-2309MS1988-08$124,067
20Tennessee Valley Center For Minority Economic Development Inc5 North Third St, Memphis, TN 38103-2675TN1981-07$21,231
Number of organizations performing similar types of work
Alaska1
Alabama2
Arkansas1
Arizona2
California18
Connecticut2
Florida2
Georgia5
Illinois7
Indiana2
Kansas2
Kentucky2
Louisiana2
Massachusetts4
Maryland5
Michigan1
Minnesota3
Missouri1
Mississippi3
North Carolina5
North Dakota1
Nebraska2
New Jersey7
New York6
Ohio7
Oklahoma3
Pennsylvania4
South Carolina1
South Dakota2
Tennessee3
Texas1
Virginia5
Washington1
Wisconsin3
Wyoming1
International1
Total118

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