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EIN 59-1746154

Florida State Minority Supplier Dev Council (SFMSDC)

IRS 501(c) type
501(c)(3)
Num. employees
20
City
Miami
State
Florida
Year formed
1975
Most recent tax filings
2024-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
To link Corporations and Government Agencies with Minority Business Enterprises (MBEs) to foster business development and expansion. SFMSDC provides support to Corporate Members and MBEs from three offices in Miami-Dade, Broward and Palm Beach counties.
Also known as...
Southern Florida Regional Minority Supplier Development Coun; Southern Florida Minority Supplier Development Council; Southern Florida Supplier Development Coun
Total revenues
$3,480,603
2024
Total expenses
$3,348,513
2024
Total assets
$2,431,703
2024
Num. employees
20
2024

Program areas at SFMSDC

FSMSDCs works to increase purchasing from minority businesses by government entities and corporations, while increasing the operating capacity of minority businesses through hands-on business assistance, training and access to technology and capital resources. The organization provides technical business services that helps increase the capacity of MBEs and create and retain jobs as well as grow revenues.

Who funds Florida State Minority Supplier Dev Council (SFMSDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Miami FoundationProgram Support$150,000
University of Miami (UM)General Support$10,000

Financials for SFMSDC

RevenuesFYE 12/2024
Total grants, contributions, etc.$2,285,618
Program services$1,125,282
Investment income and dividends$0
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$69,703
Total revenues$3,480,603
Data update history
September 1, 2025
Updated personnel
Identified 1 new personnel
May 26, 2025
Received grants
Identified 1 new grant, including a grant for $10,000 from University of Miami (UM)
November 2, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 1, 2024
Updated personnel
Identified 1 new personnel
October 20, 2024
Received grants
Identified 1 new grant, including a grant for $150,000 from The Miami Foundation
Nonprofit Types
Professional associationsBusiness and community development organizationsCharities
Issues
Business and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
9499 Ne 2nd Ave Suite 201
Miami, FL 33138
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Miami-Dade County, FL
Website URL
fsmsdc.org/ 
Phone
(305) 762-6151
Facebook page
SFMSDC 
Twitter profile
@sfmsdc 
IRS details
EIN
59-1746154
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813920: Professional Associations
Parent/child status
Independent
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