TX 501(c)(3)
HOUSTON MINORITY BUSINESS COUNCIL INC
R22: Civil Rights, Social Action, Advocacy
$2,270,779 budget
Filed 2023
The mission of HMSDC is to actively involve its members in efforts that will increase and expand business opportunities and business growth for Minority Business Enterprises and to drive excellence in supplier diversity and supplier development.
Total received from foundations
$730K
11 grants from 6 funders
· 2020–2023
Annual revenue
$2,046,971
Annual expenses
$2,270,779
Total assets
$1,687,931
Months of operating reserves
8.9
assets / monthly burn
Funding history · IRS 990-PF public records
Who funds HOUSTON MINORITY BUSINESS COUNCIL INC
$730K
Total received
6
Distinct funders
11
Grants on record
2020–2023
Span of records
Top funders by cumulative giving
-
1
$620Kcumulative
-
2
$80Kcumulative
-
3
$20Kcumulative
-
4
$10Kcumulative
-
5
$290cumulative
-
6
$29cumulative
Where the money came from (United States)
Texas counties the money came from
1 TX counties with funders on record
- 1 Dallas
For grant reviewers
Filing and contact details Data quality: 40%
Officer
INGRID ROBINSON
PRESIDENT
Contact email
Last 990 filed
2023
most recent IRS filing
Year founded
1996
IRS ruling year
EIN
760458224
NTEE classification
R22
Civil Rights, Social Action, Advocacy
From Form 990
Programs and activities
CERTIFICATION, INFORMATION EXCHANGE, AND NETWORKING - HMSDC IS RESPONSIBLE FOR CERTIFYING MINORITY OWNERSHIP AND MANAGEMENT. IN ADDITION, HMSDC MAINTAINS A DATABASE OF CERTIFIED FIRMS AND THEIR CAPABILITIES. EVENTS SUCH AS EXPO 2023 BUSINESS OPPORTUNITY MARKETPLACE, AND THE QUARTERLY LUNCHEONS PROVIDE MINORITY BUSINESS OWNERS WITH INFORMATION, INSIGHT, AND GUIDANCE IN HOW TO GROW THEIR BUSINESS AND RELATE TO AN EVER CHANGING MARKETPLACE. THESE EVENTSPROVIDE MAJOR CORPORATIONS DIRECT CONTACT WITH MINORITY BUSINESS LEADERS TO INCREASE THEIR SENSITIVITY,UNDERSTANDING, AND SUPPORT. THIS IS ESSENTI
THE MBE EXECUTIVE SCHOLARSHIP PROGRAM RAISES FUNDS, THEN AWARDS THOSE FUNDS TO MINORITY BUSINESS OWNERS TO ENCOURAGE AND FACILIATE THEIR CONTINUED EDUCATION IN AREAS SPECIFIC TO THEIR NEXT STAGE OF BUSINESS DEVELOPMENT.
Data provenance
About this profile
Built from the IRS Business Master File, Form 990 and 990-EZ filings, and public website enrichment. Funding history is derived from IRS Form 990-PF Schedule I grant records for private foundations. Data accuracy depends on how recently the organization filed. The data-quality score reflects how many fields are populated.
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