Form 990 for tax year 2022
Filed by THE PACIFIC SOUTHWEST MINORITY SUPPLIER DEVELOPMENT COUNCIL.
Totals
- Total revenue
- $645,045
- Total expenses
- $801,601
- Contributions and grants received
- $399,467
- Grants paid
- $11,500
- Program service revenue
- $369,408
- Investment income
- $0
- Other revenue
- -$123,830
- Total assets, end of year
- $417,960
- Total liabilities, end of year
- $219,836
- Net assets or fund balances, end of year
- $198,124
- Program services expenses (Part IX)
- $539,366
- Management and general expenses
- $210,365
- Fundraising expenses
- $51,870
- Program service expenses (Part III)
- $539,366
Program services were 67.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$340,641
-
1c · Fundraising events
$32,814
-
1f · All other contributions, gifts and grants
$26,012
-
1g · Noncash contributions included above
$8,914
-
2a · Program service revenue: MBE CERTIFICATION FEES
total $286,483 · related or exempt $286,483
-
2b · Program service revenue: BUSINESS CONFERENCES
total $19,925 · related or exempt $19,925
-
2c · Program service revenue: FEE FOR SERVICE
total $63,000 · related or exempt $63,000
-
8a · Fundraising events: gross income
$12,520
-
8a · Fundraising events: contributions included on line 1c
$32,814
-
8b · Fundraising events: direct expenses
$131,548
-
8c · Net income from fundraising events
total -$119,028 · excluded -$119,028
-
9a · Gaming: gross income
$7,595
-
9b · Gaming: direct expenses
$12,397
-
9c · Net income from gaming
total -$4,802 · excluded -$4,802
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $11,500 · program services $11,500
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $160,805 · program services $112,553 · management and general $24,126 · fundraising $24,126
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $112,653 · program services $105,097 · management and general $3,778 · fundraising $3,778
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $18,712 · program services $10,816 · management and general $3,948 · fundraising $3,948
-
10 · Payroll taxes
total $22,746 · program services $18,196 · management and general $2,275 · fundraising $2,275
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $21,179 · management and general $21,179
-
11c · Fees: accounting
total $25,535 · management and general $25,535
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $7,425 · fundraising $7,425
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $65,627 · program services $50,154 · management and general $14,903 · fundraising $570
-
12 · Advertising and promotion
total $1,683 · program services $1,226 · management and general $216 · fundraising $241
-
13 · Office expenses
total $41,827 · program services $17,343 · management and general $23,158 · fundraising $1,326
-
14 · Information technology
total $106,043 · program services $56,276 · management and general $44,233 · fundraising $5,534
-
15 · Royalties
total $0
-
16 · Occupancy
total $7,464 · program services $2,197 · management and general $4,849 · fundraising $418
-
17 · Travel
total $33,956 · program services $22,847 · management and general $11,109
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $123,316 · program services $119,900 · management and general $3,416
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $8,042 · program services $5,629 · management and general $1,207 · fundraising $1,206
-
23 · Insurance
total $5,035 · program services $1,817 · management and general $2,921 · fundraising $297
-
24a · Other expenses: CONTRACTOR TEMPORARY HELP
total $28,053 · program services $3,815 · management and general $23,512 · fundraising $726
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $503,637 · end of year $320,583
-
4 · Accounts receivable
beginning of year $58,050 · end of year $23,194
-
9 · Prepaid expenses and deferred charges
beginning of year $4,256 · end of year $12,825
-
10a · Land, buildings and equipment: cost or other basis
$68,743
-
10b · Land, buildings and equipment: accumulated depreciation
$12,559
-
10c · Land, buildings and equipment, net
beginning of year $11,342 · end of year $56,184
-
15 · Other assets
beginning of year $650 · end of year $5,174
-
17 · Accounts payable and accrued expenses
beginning of year $15,065 · end of year $41,530
-
19 · Deferred revenue
beginning of year $192,553 · end of year $163,740
-
25 · Other liabilities
beginning of year $15,637 · end of year $14,566
-
27 · Net assets without donor restrictions
beginning of year $354,680 · end of year $198,124
Mission and programs · 2022
Mission
PSWMSDC ADVANCES BUSINESS OPPORTUNITIES FOR CERTIFIED MINORITY BUSINESS ENTERPRISES AND CONNECTS THEM TO CORPORATE AND GOVERNMENTAL ENTITIES TO ENSURE EHTNIC MINORITY BUSINESSES HAVE EQUITABLE ACCESS TO COMPETE FOR CONTRACTS TOWARDS A GOAL OF ECONOMIC DEVELOPMENT IN THE STATE OF ARIZONA AND IN SAN DIEGO COUNTY, CALIFORNIA.
Activities or mission (Part I)
PSWMSDC ADVANCES BUSINESS OPPORTUNITIES FOR CERTIFIED MINORITY BUSINESS ENTERPRISES AND CONNECTS THEM TO CORPORATE AND GOVERNMENTAL ENTITIES.
-
2022 SAW SEVERAL AREAS OF GROWTH FOR THE ORGANIZATION. MOST CLASSES OF MINORITY BUSINESS ENTERPRISES MBE SAW GROWTH OF 5 OR MORE. PSWMSDC HAD OVER 2692 MBE REFERRALS, 258 NATIONAL AND INTERNATIONAL MBES, AND MINORITY EMPLOYEES OF THOSE MBES OF 11,618. THE ORGANIZATION IMPLEMENTED A PACESETTERS REPORT WHICH SHOWS STATISTICS FOR CORPORATE MEMBERS INCLUDING THE NUMBER OF MEMBERS, LENGTH OF MEMBERSHIP, AND REGIONAL MEMBERSHIPS. WE SAW A 42 INCREASE IN THE NUMBER OF INDIVIDUALS WHO ATTENDED OUR PROGRAM AND FUNDRAISING EVENTS. WE ALSO RECEIVED A 25K CAPACITY BUILDING IN 2022.
Expenses $539,366 · Grants $11,500 · Revenue $369,408
As filed on the 2022 return.
Listed in Part VII
-
PATRICIA CRENSHAW
PRESIDENT CEO
- Total calculated
- $160,843
- From this org
- $147,663
- From related orgs
- $0
- Other
- $13,180
- Hours/week
- 40
-
SUMMER FAUSETTE
BOARD CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
TODD JACKSON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
BRENNON CARLSON
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
BEVERLY SCOTT
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
JOANNE FLOREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
ELIZABETH CAMACHO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
SIBIA MANZANAREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
ANDREW VOLPENDESTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
VERA HOWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
LESLIE OKAMOTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
GEOFF THOMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JOSEPH TRIMBLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
IVAN GARCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CHI PAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CIONTE PRATER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349300403
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