Overview

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Est.

1972

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Ohio Minority Supplier Development Council (EIN: 31-1022688) is a nonprofit organization dedicated to promoting entrepreneurship by coordinating corporate efforts in Ohio to increase purchases from minority-owned businesses. With an operating budget of $1.5 million and total revenue of $1.4 million for the 2024 filing year, the Council provides essential educational, managerial, and technical assistance to minority companies. The organization does not rely on a single funder for more than 50% of its revenue, ensuring a diverse financial base to support its mission. For more information, visit their website at www.scomsdc.org.

Mission Statement

To coordinate efforts of corporations in the State of Ohio to increase the amount of purchases of goods and services from minority owned companies; to provide educational, managerial and technical assistance to minority companies.
Revenues
$1.4M
Expenses
$1.5M
Net Income:
-$51.9K
Assets
$753.4K
Liabilities
$179.3K
Net Assets:
+$574.1K
Operating Budget
$1.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$9.9K
Largest grant received
$10K
G
George R Simms
Board Member
B
Berlon Hamilton
Board Member
A
Abigail Kofete
Board Member

Frequently Asked Questions

What is Ohio Minority Supplier Development Council’s budget?
In 2024, Ohio Minority Supplier Development Council reported an annual operating budget of around $1.5 million. More detailed financial information is available to registered users.
What causes does Ohio Minority Supplier Development Council support?
Ohio Minority Supplier Development Council supports work in Entrepreneurship.
Where does Ohio Minority Supplier Development Council operate?
Ohio Minority Supplier Development Council is headquartered in Columbus, OH.
Who funded Ohio Minority Supplier Development Council recently?
In 2025, Ohio Minority Supplier Development Council received grants from CARDINAL HEALTH FOUNDATION, THE CLEVELAND CLINIC FOUNDATION GROUP RETURN, and TOLEDO COMMUNITY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Ohio Minority Supplier Development Council received in 2024?
The largest grant to Ohio Minority Supplier Development Council in 2024 exceeds $10 thousand.
What is Ohio Minority Supplier Development Council’s reliance on government grants?
Ohio Minority Supplier Development Council relied on government grants for less than 5% of their total revenue in 2024.