Skip to main content

Nonprofit · EIN 74-2868590

SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL

Tax-exempt · AUSTIN, TX 78715

Financials

$1.2M$900K2023$965K$932K2024$944K$743K2025
Revenue Expenses · by fiscal year end
Financials of SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$944,005$743,408$200,597$2,236,167$0$2,236,167
December 31, 2024990$964,707$932,421$32,286$2,038,703$31,500$2,007,203
December 31, 2023990$1,207,973$899,796$308,177$2,002,417$27,500$1,974,917
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$886,155
Membership dues
$505,939
Program service revenue
$0
Investment income
$57,850
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$186,822
Other salaries and wages
$221,464
Salaries, compensation and benefits (total)
$517,460
Professional fundraising fees
$0
Accounting fees
$19,200
Occupancy
$3,900
Travel
$29,124
Depreciation
$5,360
Program services (functional)
$432,122
Management and general (functional)
$158,285
Fundraising (functional)
$153,001

Balance sheet and other

Total assets, start of year
$2,038,703
Total assets, end of year
$2,236,167
Total liabilities, end of year
$0
Net assets, end of year
$2,236,167
Land, buildings and equipment
$8,041
Net assets without donor restrictions
$2,236,167
Gross receipts
$944,005
Employees
5
Volunteers
0
Year formed
1999
State of legal domicile
TX

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, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Karen BoxPresident/CEO
Trustee or director, Institutional trustee, Officer, Key employee, Highest-paid employee
40$0$186,822
Carlos DonesBoard Chair
Trustee or director, Officer
1$0$0
Jesus SanchezBoard Member
Trustee or director
1$0$0
Nicole Navarro VelesiotisMBEIC Chair
Trustee or director
1$0$0
Shawn GreenTreasurer & Secretary
Trustee or director, Officer
1$0$0
Dusty NimmoBoard Member
Trustee or director
1$0$0
Max RutherfordBoard Member
Trustee or director
1$0$0
Debbie TrevinoBoard Member
Trustee or director
1$0$0
Kevin JacksonBoard Member
Trustee or director
1$0$0
Rebecca JamesBoard Member
Trustee or director
1$0$0
Indria HollingsworthBoard Member
Trustee or director
1$0$0
Latifah JacksonBoard Member
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
Karen BoxPresident/CEO
Trustee or director, Institutional trustee, Officer, Key employee, Highest-paid employee
40$253,830
Carlos DonesBoard Chair
Trustee or director, Officer
6$0
Jesus SanchezBoard Member
Trustee or director, Officer
6$0
Nicole Navarro VelesiotisMBEIC Chair
Trustee or director, Officer
6$0
Todd ReedGeneral Council
Trustee or director, Officer
6$0
Shawn GreenTreasurer
Trustee or director
4$0
Dusty NimmoBoard Member
Trustee or director
6$0
Max RutherfordBoard Member
Trustee or director
4$0
Debbie TrevinoBoard Member
Trustee or director
4$0
Kevin JacksonBoard Member
Trustee or director
4$0
Rebecca JamesBoard Member
Trustee or director
4$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Karen BoxPresident/CEO
Trustee or director, Institutional trustee, Officer, Key employee, Highest-paid employee
40$196,322
David FeldmanBoard Chair
Trustee or director, Officer
6$0
Darlene OwensTreasurer
Trustee or director, Officer
6$0
Nicole Navarro VelesiotisMBEIC Chair
Trustee or director, Officer
6$0
Todd ReedGeneral Council
Trustee or director, Officer
6$0
Shawn GreenSecretary
Trustee or director
4$0
Dusty NimmoBoard Member
Trustee or director
6$0
Tomo IikuboBoard Member
Trustee or director
4$0
Max RutherfordBoard Member
Trustee or director
4$0
Carlos DonesVice-Chair
Trustee or director
4$0
Debbie TrevinoBoard Member
Trustee or director
4$0
Kevin JacksonBoard Member
Trustee or director
4$0

Address and contacts

Address (IRS master file)
PO BOX 151267, AUSTIN, TX 78715-1267
In care of
% KAREN BOX
Principal officer (990 for 2025)
Karen Box, P O Box 15167, Austin, TX 78715
Signed the 990
Karen Box, President/CEO
Phone
(512) 386-8766
Return prepared by
NATALIA A HERNANDEZ CPA

Mission

To create opportunities and an an environment for economically disadvantaged small business owners to grow and to actively add value to corporate partners through positive business relationships, networking events and business classes.

990 for the year ended December 31, 2025

Program accomplishments

  • Minority Business Enterprises (MBEs) that have become certified through the council are able to associate with over 400 Coprporate and more than 543 MBEs. This association generates corporate and governmental contracts for goods and services. There were 4 sponsored events providing buiness interaction.
    Expenses $432,122 · revenue $976,216

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2868590
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,236,167
Income (IRS master file)
$944,005

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$944,005$743,408$2,236,167IRS
990December 2024$964,707$932,421$2,038,703XML
990December 2023$1,207,973$899,796$2,002,417XML
990December 2022$917,168$756,890$1,691,482IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 74-2868590).

Questions about SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL

What is the EIN of SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL?
The employer identification number (EIN) of SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL is 74-2868590.
Is SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL 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 SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL?
The 990 for the year ended December 31, 2025 names Karen Box.
Who are the officers and directors of SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL?
The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL have?
On its 990 for the year ended December 31, 2025 it reported revenue of $944,005, expenses of $743,408 and total assets of $2,236,167 at year end.

Other nonprofits in AUSTIN

All nonprofits in AUSTIN · Texas · Philanthropy, voluntarism and grantmaking foundations