Mid-States Minority Supplier Development Council
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 47% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
SEE SCHEDULE O
- Income
- $1.2 million
- Spending
- $1.3 million
- Spent on programs
- 47%
- Reserves
- -3.1 months of spending
- Largest source of income
- donations and private grants, 91%
- Employees
- 5
- Volunteers
- 19
- Highest pay
- $171,670, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 21 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 79% of what it owns.
Living within its means
4 of 15Spending exceeded income by 13% of income.
Income trend
15 of 15Income rose 11% on the year before.
Spending floor
0 of 1547% of spending went to programs and raising each dollar of donations cost 14 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 70 out of 100.
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $609,999 spent. THE MID-STATES MSDC IS SUPPORTED BY THE CORPORATE MEMBERSHIP DUES, CONTRIBUTIONS, AND BY FUNDING FROM THE NMSDC. HOW WE HELP OFTEN, BRINGING TOGETHER CORPORATE AND MINORITY BUSINESSES IS SIMPLY A COMMUNICATION ISSUE. MEMBERSHIP IN THE COUNCIL HELPS TO SOLVE THAT PROBLEM BY PROVIDING THE VEHICLE FOR EFFECTIVE NETWORKING AND COMMUNICATION. MANY ACTIVITIES AND PROGRAMS OF THE COUNCIL ARE DESIGNED TO BRING BUYERS AND SELLERS TOGETHER TO DISCUSS BUSINESS PROBLEMS AND SHARE KNOWLEDGE. BELONGING TO THE MID-STATES MSDC IS GOOD FOR BUSINESSES BECAUSE A SOUND MINORITY PURCHASING PROGRAM INCREASES THE QUALITY AND DEPTH OF AN ORGANIZATION'S SUPPLIER BASE. IT IS GOOD FOR THE LOCAL ECONOMY BECAUSE INCREASED MINORITY PURCHASING EQUATES TO THE GROWTH OF SMALL COMPANIES AND INCREASED LOCAL EMPLOYMENT. THE COUNCIL WORKS CLOSELY WITH OTHER ORGANIZATIONS SERVING THE NEEDS OF THE MAJORITY AND THE MINORITY BUSINESS COMMUNITY. THROUGHOUT ITS 39 YEAR HISTORY THE COUNCIL HAS FACILITATED MORE THAN $10 BILLION IN PURCHASES OF GOODS AND SERVICES FROM THE MINORITY BUSINESS COMMUNITY BY AMERICA'S MAJOR CORPORATIONS. THE ORGANIZATION RELIES ON REVENUE GENERATED FROM FUNDRAISING EVENTS, EDUCATIONAL PROGRAMS, MEMBERSHIP DUES AND GRANTS. WE PLAN AND HOST FOUR MAJOR NETWORKING EVENTS ANNUALLY INCLUDING A MINORITY BUSINESS TRADESHOW, TWO GOLF OUTINGS AND AN ANNUAL DINNER AND AWARDS GALA. IN ADDITION, WE OFFER PREMIER WORKSHOPS AND SEMINARS TO FURTHER DEVELOP MINORITY BUSINESSES AND TO EDUCATE MINORITY CORPORATIONS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1980.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.