2025-07-29T14:32:18-07:00 2023-12-31 364583118 RINGOLD FINANCIAL MANAGEMENT SERVICES 850 S WABASH AVE STE 320 CHICAGO IL 60605 990 2023-01-01 362815054 CHICAGO MINORITY SUPPLIER DEVELOPMENT COUNCIL CHIC 3127558880 140 S Dearborn 1605 CHICAGO IL 60603 Jose Robles-Michelena EXECUTIVE VP 2025-07-29 false true MICHELLE RINGOLD P00777179 7084785850 2023 2025-03-06 01:10:19Z X 140 S Dearborn 1605 CHICAGO IL 60603 3332205 false X HTTP://AFFILIATE.NMSDC.ORG/CHICAGOMSDC X 1968 IL To increase corporate procurement for the minority business community. 30 29 11 35 0 1462309 1361624 1736637 1962491 175 8090 37387 0 3236508 3332205 71000 0 1110322 860263 0 0 2050170 2032028 3160492 2963291 76016 368914 1331123 1605101 503258 408322 827865 1196779 X To increase corporate procurement for the minority business community. false false 483061 CBOF - TO INCREASE CORPORATE PROCUREMENT FOR THE MINORITY BUSINESS COMMUNITY. PROGRAM SERVICES ARE PROVIDED THROUGH OUT THE YEAR THROUGH VARIOUS TECHNICAL ASSISTANCE PARTNERSHIPS. 459618 14000 MBDA - TO PROVIDE OPPORTUNITY IDENTIFICATION SERVICES FOR CONTRACTS AND FINANCING THAT POSITIVELY IMPACTS THE BUSINESS AND OWNERSHIP OPPORTUNITIES FOR MINORITY BUSINESS ENTERPRISES. 133964 COOK COUNTY SMALL BUSINESS SOURCE - THIS PROGRAM features a network of over 50 Business Support Organizations (BSO) and referral partners dedicated to supporting small businesses in any stage of development. This model of support prioritizes getting businesses help when they need it. In addition to one-on-one advising services, the program also provides webinars, timely resources, and information for small businesses. 153369 57000 1230012 true true false false false false false false false false true false false false true true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false true 34 0 true 11 true false false false false false false false 0 false false false false false false false X 30 29 false false false false false false false true true false false true true true true true true true false false IL X X DEBRA JENNINGS-JOHNSON 3127558880 216 W JACKSON BLVD CHICAGO IL 60606 DEBRA JENNINGS-JOHNSON INTER.PRESIDENT 40.00 0.00 X X 192000 0 0 Jose Robles-Michelena EXECUTIVE VP 40.00 0.00 X 115615 0 12310 Yvette Moten Secretary 1.00 0.00 X X 0 0 0 BRIAN ORTIZ Director 1.00 0.00 X 0 0 0 CHARLES HARRELL Director 1.00 0.00 X 0 0 0 Joan-CarlesBrugue Director 1.00 0.00 X 0 0 0 CHERISE CONLEY Treasurer 1.00 0.00 X X 0 0 0 Kristin Malek VICE CHAIR 1.00 0.00 X X 0 0 0 Vasanthi Ilangovan Director 1.00 0.00 X 0 0 0 Greg Salinas ASST. TREASURER 1.00 0.00 X X 0 0 0 DONNA BRIDGEFORTH Director 1.00 0.00 X 0 0 0 JACKIE DYESS ASST. SECRETARY 1.00 0.00 X X 0 0 0 Bianca Hester Director 1.00 0.00 X 0 0 0 JOYCE JOHNSON MBEIC CHAIR 1.00 0.00 X X 0 0 0 KARMETRIA DUNHAM-BURTON Director 1.00 0.00 X 0 0 0 Hans Debruijn Director 1.00 0.00 X 0 0 0 Mark Hands Director 1.00 0.00 X 0 0 0 KRISTEL TRAVIS Director 1.00 0.00 X 0 0 0 RAY DENNIS Director 1.00 0.00 X 0 0 0 ROCHELLE TAYLOR CERT. CTE.CHAIR 1.00 0.00 X X 0 0 0 ROSI HASAN Director 1.00 0.00 X 0 0 0 RUBY MCLEARY Director 1.00 0.00 X 0 0 0 Rona Fourte CHAIRPERSON 1.00 0.00 X X 0 0 0 SHELLY BROWN Director 1.00 0.00 X 0 0 0 Sharla Roberts Director 1.00 0.00 X 0 0 0 Thomas McLeary Director 1.00 0.00 X 0 0 0 Travis Latham Director 1.00 0.00 X 0 0 0 SUSANA MEZA Director 1.00 0.00 X 0 0 0 SUZI CABO Director 1.00 0.00 X 0 0 0 WENDELL DAVIS Director 1.00 0.00 X 0 0 0 WHEELER COLEMAN Director 1.00 0.00 X 0 0 0 307615 12310 2 false true false DEBRA JENNINGS-JOHNSON 5810 S KING DRIVE CHICAGO IL 60637 EXECUTIVE CONSULTING 192000 1 461373 900251 1361624 CONFERENCES AND EVENTS 900099 1282314 1282314 PROGRAM SERVICE FEES 900099 680177 680177 1962491 8090 8090 0 0 0 0 0 0 0 Miscellaneous Income 0 3332205 1962491 8090 X 0 71000 71000 0 0 127924 31981 95943 0 562094 167794 394300 0 89683 27844 61839 80562 24169 56393 0 24397 24397 183490 1200 182290 0 0 0 718942 263519 455423 0 7132 1297 5835 0 0 191791 17978 173813 278382 250135 28247 0 46413 31252 15161 0 0 0 25467 25467 Printing and Publications 116567 106384 10183 AUDIO VISUAL 84183 84183 CREDIT LOSS EXPENSE 81155 81155 DATA PROCESSING FEES 74877 64625 10252 199232 86651 112581 2963291 1230012 1733279 0 938022 1324663 0 243663 173159 29360 0 0 0 0 50275 61749 243525 242255 258 1270 0 0 0 0 98905 14900 1331123 1605101 90497 110074 116907 84125 295854 214123 503258 408322 X 827865 861779 335000 827865 1196779 1331123 1605101 368914 X false true X true false X 2070866 2614716 2154591 1462309 1361624 9664106 1525888 1512947 1464145 1736637 1962491 8202108 0 0 0 3596754 4127663 3618736 3198946 3324115 17866214 0 0 17866214 285 613 175 8090 9163 0 285 613 175 8090 9163 0 351650 63116 37387 452153 3596754 4479598 3682465 3236508 3332205 18327530 0.97480 0.97470 0.00050 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 243525 242255 1270 1270 GOVERNMENT GRANT ADVANCE 214123 214123 X 3432406 100201 100201 3332205 3332205 3063492 100201 100201 2963291 2963291 Part X : FIN48 Footnote CMSDC is recognized as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and is exempt from federal and state income taxes on related income. CMSDC had no unrelated business income during the fiscal years 2023 and 2022, therefore, no provision for federal or state income taxes has been made in the accompanying financial statements. In addition, CMSDC has been determine by the IRS not to be a "Private Center" within the meaning of Section 509(a) of the IRC.In accordance with FASB ASC 740, Accounting for Deferred Income Taxes, CMSDC has analyzed potential uncertain tax positions and has determined that there are none resulting in liabilities that would have been required to be recorded for the years ended December 31, 2023 and 2022. CMSDC's information returns for the previous three (3) years are open, by statute, for review by authorities. false 0 0 Scholarships 25 64200 Other Grants 1 6800 X X X X false false false false false false false false false DEBRA JENNINGS-JOHNSON INTER.PRESIDENT 192000 192000 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: COOK COUNTY SMALL BUSINESS SOURCE - THIS PROGRAM features a network of over 50 Business Support Organizations (BSO) and referral partners dedicated to supporting small businesses in any stage of development. This model of support prioritizes getting businesses help when they need it. In addition to one-on-one advising services, the program also provides webinars, timely resources, and information for small businesses. OTHER PROGRAM SERVICES 5: SCHOLARSHIP CLASSIC - An annual event that raises money to provide scholarships to Chicago Public School students pursuing higher education. Form 990, Part VI, Section B, Line 11b The Organization provides copy of Form 990 to the members of the governing body who review and discuss issues related to Form 990. Any explanation is discussed with the independent auditors and when it is in full compliance, the tax returns are filed with the authorities. Form 990, Part VI, Section B, Line 12c The Organization has written conflict of interest policy. The employees and the governing body members are required to sign and acknowledge the policy. The Organization monitors compliance and update every year. Form 990, Part VI, Section B, Line 15a The compensation of the Organization's executives include studies and review by thecompensation committee of the governing board. The discussion and reviews are recorded. Form 990, Part VI, Section C, Line 19 The Organization's documents are made available upon request. The Form 990 is alsoavailable via guidestar's website.