Nonprofit · EIN 62-1086913
TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC
Tax-exempt · NASHVILLE, TN 37228
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $828,210 | $594,311 | $233,899 | $2,050,688 | $12,103 | $2,038,585 |
| December 31, 2023 | 990 | $924,022 | $595,804 | $328,218 | $1,821,253 | $17,666 | $1,803,587 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $774,918
- Membership dues
- $242,825
- Program service revenue
- $3,000
- Investment income
- $50,292
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $191,482
- Other salaries and wages
- $83,424
- Salaries, compensation and benefits (total)
- $320,990
- Professional fundraising fees
- $0
- Legal fees
- $5,500
- Accounting fees
- $32,500
- Occupancy
- $73,642
- Travel
- $480
- Depreciation
- $2,765
- Program services (functional)
- $377,691
- Management and general (functional)
- $216,620
Balance sheet and other
- Total assets, start of year
- $1,821,253
- Total assets, end of year
- $2,050,688
- Total liabilities, end of year
- $12,103
- Net assets, end of year
- $2,038,585
- Land, buildings and equipment
- $9,880
- Net assets without donor restrictions
- $2,038,585
- Gross receipts
- $828,210
- Employees
- 2
- Year formed
- 1979
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WARREN SAWYERS | DIRECTOR AND MBEIC Trustee or director | 2 | $0 |
| KIMBERLY STAGG | DIRECTOR Trustee or director | 2 | $0 |
| KEITH HAMILTON | DIRECTOR Trustee or director | 2 | $0 |
| HERMAN WILLIAMS | DIRECTOR Trustee or director | 2 | $0 |
| NICOLE DUNIGAN | TREASURER Trustee or director, Officer | 2 | $0 |
| MARILYN CLARK | DIRECTOR Trustee or director | 2 | $0 |
| CHERI K HENDERSON | PRESIDENT AND CEO Officer, Key employee | 40 | $0 |
| RICHARD MANSON | LEGAL COUNSEL Officer | 5 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHERI K HENDERSON | PRESIDENT AND CEO Officer, Key employee | 40 | $190,222 |
| HERMAN WILLIAMS | DIRECTOR Trustee or director | 2 | $0 |
| MARILYN CLARK | DIRECTOR Trustee or director | 2 | $0 |
| KEITH HAMILTON | DIRECTOR Trustee or director | 2 | $0 |
| WARREN SAWYERS | DIRECTOR AND MBEIC Trustee or director | 2 | $0 |
| KIMBERLY STAGG | DIRECTOR Trustee or director | 2 | $0 |
| NICOLE DUNIGAN | TREASURER Trustee or director, Officer | 2 | $0 |
| RICHARD MANSON | LEGAL COUNSEL Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 220 ATHENS WAY STE 105, NASHVILLE, TN 37228-1300
- In care of
- % CHERI HENDERSON
- Principal officer (990 for 2024)
- CHERI K HENDERSON, METROCENTER PLZ BLD 1 220 ATHENS WY, NASHVILLE, TN 37228
- Signed the 990
- CHERI HENDERSON, PRESIDENT AND CEO
- Phone
- (615) 259-4699
- Website
- WWW.TSMSDC.NET
- Return prepared by
- DIMETA SMITH CPA LLC
Mission
ADVANCEMENT OF ECONOMIC OPPORTUNITIES AND DEVELOPMENT PROGRAMS FOR ECONOMICALLY DISADVANTAGED BUSINESSES
Program accomplishments
- ADVANCED ECONOMIC OPPORTUNITIES AND DEVELOPMENT FOR ECONOMICALLY DISADVANTAGED BUSINESSES.Expenses $377,691
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1086913
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43Z)
- Assets (IRS master file)
- $2,050,688
- Income (IRS master file)
- $828,210
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $828,210 | $594,311 | $2,050,688 | XML |
| 990 | December 2023 | $924,022 | $595,804 | $1,821,253 | XML |
| 990 | December 2022 | $810,529 | $638,519 | $1,486,698 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1086913).
Questions about TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC
- What is the EIN of TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC?
- The employer identification number (EIN) of TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC is 62-1086913.
- Is TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2024 names CHERI K HENDERSON.
- Who are the officers and directors of TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does TRISTATE MINORITY SUPPLIER DEVELOPMENT COUNCIL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $828,210, expenses of $594,311 and total assets of $2,050,688 at year end.
Other nonprofits in NASHVILLE
- NASHVILLE CONVENTION & VISITORS BUREAU EIN 02-0700616 · last filed 990 for 2025
- WOODBINE COMMUNITY ORGANIZATION WCO INC EIN 62-1280006 · last filed 990 for 2024
- GOODWILL FOUNDATION OF MIDDLE TN EIN 88-3090268 · last filed 990 for 2025
- NASHVILLE DOWNTOWN PARTNERSHIP INC EIN 62-1774641 · last filed 990 for 2024
- TENNESSEE TECHNOLOGY DEVELOPMENT CORPORATION EIN 62-1765738 · last filed 990 for 2025
- NASHVILLE DISTRICT MANAGEMENT CORPORATION INC EIN 62-1747009 · last filed 990 for 2024
- OASIS CENTER INC EIN 62-0968273 · last filed 990 for 2025
- WELL COFFEEHOUSE EIN 45-4036301 · last filed 990 for 2025
All nonprofits in NASHVILLE · Tennessee · Community improvement and capacity building