1. Directory
  2. New York
  3. New York
  4. National Minority Supplier Development Council Business Consortium Fund
EIN 13-3407599

National Minority Supplier Development Council Business Consortium Fund

IRS 501(c) type
501(c)(3)
Num. employees
8
City
New York
State
New York
Year formed
1987
Most recent tax filings
2023-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
The National Minority Supplier Development Council Business Consortium Fund provides access to capital to NMSDC council certified minority business entrepreneurs unable to secure financing on reasonable terms through traditional lending channels. This nonprofit lender offers financing to certified minority-owned businesses engaging in business-related activity with corporate members of the NMSDC and its affiliated regional councils.
Total revenues
$2,022,788
2023
Total expenses
$1,660,980
2023
Total assets
$8,066,076
2023
Num. employees
8
2023

Program areas at National Minority Supplier Development Council Business Consortium Fund

A nonprofit lender that provides financing to certified minority-owned businesses that engage in business-related activity with corporate members of the National Minority Supplier Development Council and its affiliated regional councils.

Who funds National Minority Supplier Development Council Business Consortium Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Opportunity Finance Network (OFN)Finance Justice Fund Subgrant$250,000
Opportunity Finance Network (OFN)Ofn Cdfi Tech Grant Program Supported By Google.org$100,000

Personnel at National Minority Supplier Development Council Business Consortium Fund

NameTitleCompensation
Elba GarciaAssistant Vice - President$71,299
Sahra HalpernPresident$226,945
Natalie McGradyChair$0
Ruben RodriguezSenior Vice - President and$95,548
John AdamsBoard Member$0
...and 9 more key personnel

Financials for National Minority Supplier Development Council Business Consortium Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,409,150
Program services$517,977
Investment income and dividends$95,661
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,022,788

Form 990s for National Minority Supplier Development Council Business Consortium Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-06990View PDF
2022-122023-11-14990View PDF
2021-122022-11-09990View PDF
2020-122021-11-12990View PDF
2019-122021-04-05990View PDF
...and 10 more Form 990s

Organizations like National Minority Supplier Development Council Business Consortium Fund

OrganizationLocationRevenue
Johnstown Area Regional IndustriesJohnstown, PA$1,565,309
Carolina Community ImpactRaleigh, NC$1,469,408
Preferred Lending PartnersDenver, CO$1,151,595
Utah Microenterprise Loan FundSalt Lake City, UT$547,707
Women's Economic VenturesSanta Barbara, CA$3,113,690
TMC Community CapitalOakland, CA$2,351,825
So Cal CDCValencia, CA$1,336,189
CDFI Friendly of South BendSouth Bend, IN$687,355
Shenandoah Community Capital FundStaunton, VA$1,156,932
Chi IshobakDowagiac, MI$4,106,888
Data update history
December 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Updated personnel
Identified 2 new personnel
December 23, 2023
Used new vendors
Identified 1 new vendor, including
November 27, 2023
Received grants
Identified 2 new grant, including a grant for $250,000 from Opportunity Finance Network (OFN)
September 5, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Business and community development organizationsCharities
Issues
Business and industry
Characteristics
Tax deductible donationsAccepts online donations
General information
Address
1345 Ave of the Americas 33rd Floo
New York, NY 10105
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
bcfcapital.com/ 
Phone
(212) 243-7360
IRS details
EIN
13-3407599
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
Free account sign-up

Want updates when National Minority Supplier Development Council Business Consortium Fund has new information, or want to find more organizations like National Minority Supplier Development Council Business Consortium Fund?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy