2025-11-17T19:13:42-06:00 2024-12-31 320530003 QUIGLEY & MIRON 3580 WILSHIRE BLVD 1755 LOS ANGELES CA 90010 990 2024-01-01 953244344 SOUTHERN CALIFORNIA MINORITY SUPPLIER DEVELOPMENT COUNCIL INC SOUT 2136866960 800 WEST 6TH STREET 850 LOS ANGELES CA 90017 VIRGINIA GOMEZ PRESIDENT 2136866960 2025-11-17 1 JOHN BOVARD MIRON P01358141 2136393550 2024 2025-03-06 01:10:19Z VIRGINIA GOMEZ 800 WEST 6TH STREET 850 LOS ANGELES CA 90017 1936400 0 X WWW.SCMSDC.ORG X 1978 CA SOUTHERN CALIFORNIA MINORITY SUPPLIER DEVELOPMENT COUNCIL'S (SCMSDC) MISSION IS TO ADVANCE THE ECONOMIC DEVELOPMENT AND BUSINESS OPPORTUNITIES OF DIVERSE SUPPLIERS. 18 17 9 17 0 0 1039594 559811 1173111 1103568 47776 123747 15574 0 2276055 1787126 0 0 0 0 870977 978722 0 0 491310 1062042 759244 1933019 1737966 343036 49160 4111484 4467533 281735 403839 3829749 4063694 X THE SOUTHERN CALIFORNIA MINORITY SUPPLIER DEVELOPMENT COUNCIL (SCMSDC) IS A NON-PROFIT, 501(C ) 3 ORGANIZATION COMMITTED TO DRIVING ECONOMIC GROWTH WITHIN ALL COMMUNITIES IN ITS SERVICE AREA SPANNING 13 CENTRAL AND SOUTHERN CALIFORNIA COUNTIES. THE SCMSDC IS IN THE BUSINESS OF GROWING AND DEVELOPING ENTREPRENEURS, AND FACILITATES OVER $40 BILLION ANNUALLY IN ECONOMIC OUTPUT EACH YEAR THROUGH 2,000 ENTREPRENEURIAL CLIENTS WHO EMPLOY AN ESTIMATED 300,000 EMPLOYEES ANNUALLY. 0 0 898899 1103568 FOUNDED IN 1973, THE SCMSDC IS ONE OF 23 AFFILIATES OF THE NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL (NMSDC), A NONPROFIT CORPORATE MEMBERSHIP ORGANIZATION THAT ADVANCES BUSINESS OPPORTUNITIES FOR ITS CERTIFIED BUSINESS ENTERPRISES AND CONNECTS THEM TO ITS CORPORATE MEMBERS. ONE OF THE NATION'S LEADING CORPORATE MEMBERSHIP ORGANIZATIONS, NMSDC WAS FOUNDED IN 1972 TO PROVIDE INCREASED PROCUREMENT AND BUSINESS OPPORTUNITIES FOR ITS CERTIFIED BUSINESS ENTERPRISES. SCMSDC SERVES OUR CORPORATE MEMBERS BY ENABLING THEM TO RETAIN STRONG, INNOVATIVE AND EFFICIENT SUPPLIERS TO FILL THE NEEDS OF THEIR SUPPLY CHAIN. IN DOING SO, SCMSDC ENABLES BUSINESSES TO GROW, INCREASE THEIR ABILITY TO HIRE MORE EMPLOYEES, AND CREATE WEALTH IN THEIR RESPECTIVE COMMUNITIES. 898899 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 9 0 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X VIRGINIA GOMEZ 2136896965 800 WEST SIXTH STREET SUITE 850 LOS ANGELES CA 90017 JOE CHOW BOARD CHAIR 6.00 X X 0 0 0 VICKY HARPER- HALL VICE CHAIR 8.00 X X 0 0 0 MICHAEL COOPER TREASURER 8.00 X X 0 0 0 JINUS MOGHBELI SECRETARY 4.00 X X 0 0 0 FLORA MAYER SECRETARY 8.00 X X 0 0 0 VIRGINIA GOMEZ PRESIDENT 60.00 X X 169294 0 0 ANITA RON DIRECTOR 8.00 X 0 0 0 AURA MCCRACKEN-BYRD DIRECTOR 8.00 X 0 0 0 CHAMBERLAIN DURU DIRECTOR 8.00 X 0 0 0 DARRETTA WHITFIELD DIRECTOR 8.00 X 0 0 0 CHRISTINA TULFO DIRECTOR 4.00 X 0 0 0 ELIZABETH MARTINEZ DIRECTOR 2.00 X 0 0 0 JOE BLACKSTONE DIRECTOR 8.00 X 0 0 0 KIRBY HAYS DIRECTOR 8.00 X 0 0 0 LUIS ARMONA DIRECTOR 8.00 X 0 0 0 OSCAR OROZCO DIRECTOR 4.00 X 0 0 0 TAMMY TRAN DIRECTOR 8.00 X 0 0 0 VANESSA TORRES DIRECTOR 6.00 X 0 0 0 RICHARD HAZEL VP OF EXTERNAL AFFAIRS 60.00 X 131822 0 0 MARLENA G NANTELL VP OF OPERATIONS 60.00 X 147624 0 0 448740 0 0 3 0 1 0 0 180498 53235 326078 559811 MBE PROGRAM REVENUE 524298 1103568 1103568 1103568 106879 106879 16868 0 16868 16868 16868 149274 53235 149274 0 1787126 1103568 0 123747 X 169294 75234 63113 30947 641332 329631 84352 227349 99808 50352 16413 33043 68288 34144 12292 21852 14256 14256 136328 68164 24539 43625 15995 15995 248943 169511 54928 24504 9066 4533 1632 2901 41812 20907 7526 13379 122900 61450 22122 39328 28260 14130 5087 9043 9396 4698 1691 3007 22598 11299 4068 7231 16069 8035 2892 5142 6074 3037 1093 1944 TAXES, LICENSES, AND FE 76912 38456 13844 24612 REPAIRS AND MAINTENANCE 10466 5233 1884 3349 STAFF DEVELOPMENT 129 65 23 41 MISCELLANEOUS 40 20 7 13 1737966 898899 347757 491310 385914 600758 1467301 1239047 196160 114036 5700 619893 534446 21469 85447 1991151 2268713 49489 153832 4111484 4467533 161897 182696 81249 71249 38589 149894 281735 403839 X 3650126 3832339 179623 231355 3829749 4063694 4111484 4467533 49160 184785 0 X 0 0 0 X 659077 783505 951875 1039594 614811 4048862 659077 783505 951875 1039594 614811 4048862 117608 3931254 36253 51003 41757 47776 123747 300536 1535 1290 1797 15574 20196 4369594 1103568 0.89970 0.89870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 157623 157623 131168 26455 157623 160170 -28852 150 131168 137199 22971 160170 118557 18642 137199 0 0 420092 370300 49792 199801 164146 35655 85447 OPERATING LEASE LIABILITY 149894 149894 X PART X, LINE 2: SCMSDC IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (CODE). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. ACCOUNTING STANDARDS REQUIRE AN ORGANIZATION TO EVALUATE ITS TAX POSITIONS AND PROVIDE FOR A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED 'MORE LIKELY THAN NOT' TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT A PROVISION FOR A TAX LIABILITY IS NOT NECESSARY AT DECEMBER 31, 2024. GENERALLY, THE ORGANIZATION'S INFORMATION RETURNS REMAIN OPEN FOR EXAMINATION FOR A PERIOD OF THREE (FEDERAL) OR FOUR (STATE OF CALIFORNIA) YEARS FROM THE DATE OF FILING. MBOD 122300 65905 56395 48031 8364 LEA 57634 13203 44431 44362 69 3 22575 -25873 48448 48238 210 202509 53235 149274 140631 8643 149274 0 X 0 0 0 0 0 0 0 1 0 VIRGINIA GOMEZ PRESIDENT 161242 0 0 0 8052 0 0 0 0 0 169294 0 0 0 PART I, LINE 7 THE COMPENSATION FOR THE PRESIDENT IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF SCMSDC WHICH INCLUDES SALARY INCREASES AND BONUSES. MARLENE NANTELL VP OF EXTERNAL AFFAIRS, DAUGHTER OF CEO 147624 EMPLOYEE COMPENSATION 0 FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT, THIRD PARTY AUDITING FIRM, PREPARES THE COUNCIL'S TAX RETURN, REVEWED FOR ACCURACY OF THE FINANCIAL INFORMATION BY THE COUNCIL'S ACCOUNTING CONTRACTOR, REVIEWED BY THE PRESIDENT/CEO BEFORE SUBMITTING TO THE BOARD OF DIRECTOR'S EXECUTIVE COMMITTEE (WHICH ALSO SERVES AS THE COUNCIL'S FINANCE COMMITTEE) FOR ITS REVIEW, AND ULTIMATELY SUBMITTED TO THE FULL BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWED AT THE BOARD MEETING. EACH BOARD MEMBER IS REQUIRED TO SIGN AND CERTIFY IN WRITING A CONFLICT OF INTEREST STATEMENT EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE PRESIDENT IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF SCMSDC WHICH INCLUDES SALARY INCREASES AND BONUSES. FORM 990, PART VI, SECTION C, LINE 19 SCMSDC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 169,511. MANAGEMENT AND GENERAL EXPENSES 54,928. FUNDRAISING EXPENSES 24,504. TOTAL EXPENSES 248,943.