Twin Cities Diversity In Practice is located in Minneapolis, MN. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Twin Cities Diversity In Practice employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Cities Diversity In Practice is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Twin Cities Diversity In Practice generated $647.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $559.6k during the year ending 12/2022. While expenses have increased by 5.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ATTACT, RECRUIT, ADVANCE AND RETAIN ATTORNEYS OF COLOR IN THE TWIN CITIES THROUGH EDUCATION AND COLLABORATION WITH MEMBER ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, TCDIP GATHERED IN-PERSON MORE FREQUENTLY AND IN GREATER NUMBERS. AFTER TWO YEARS OF MODIFIED PROGRAMMING, WE BROUGHT BACK THE SUMMER ALLIANCE AS A LARGER EVENT TO RECONNECT OUR LEGAL COMMUNITY! ATTENDEES PARTICIPATED IN FUN ACTIVITIES WITH THEIR COLLEAGUES, FAMILIES, AND KIDS, INCLUDING A BEHIND THE SCENES TOUR OF THE ALLIANZ FIELD SOCCER STADIUM. WE WERE ALSO ABLE TO RECONVENE OUR LEADERSHIP COUNCIL IN PERSON FOR THE FIRST TIME IN TWO YEARS. THIS EVENT BROUGHT TOGETHER GENERAL COUNSELS, MANAGING PARTNERS, AND SENIOR LEADERS, WITH A FOCUS ON RETENTION AND ADVANCEMENT OF ATTORNEYS OF COLOR. LEADERS WERE INTRODUCED TO THE ELIMINATING BARRIERS STUDY, WHICH EXAMINED WHY ATTORNEYS OF COLOR CHOOSE TO LEAVE OR STAY WITH AN EMPLOYER. SENIOR LEADERS ENGAGED WITH THE FINDINGS AND WORKED COLLABORATIVELY TO ENVISION HOW THE ACTIONABLE STEPS REVEALED IN THE STUDY COULD BE IMPLEMENTED IN THEIR ORGANIZATIONS. IN 2022, TCDIP BEGAN A FORMAL STRATEGIC PLANNING PROCESS THAT DEEPLY ENGAGED OUR MEMBERS, BOARD, STAFF, LAW SCHOOLS, AND OTHER KEY STAKEHOLDERS. IN SPRING 2022, WITH KEY GUIDANCE FROM CONSULTANTS AT PARENTEAU GRAVES, THE STRATEGIC PLANNING COMMITTEE FACILITATED DEEP LISTENING SESSIONS WITH MEMBER REPRESENTATIVES FROM TCDIP MEMBER ORGANIZATIONS, DIVERSE PROFESSIONALS AT LAW FIRMS AND CORPORATE LEGAL DEPARTMENTS, AND MEMBERS OF THE EMERGING LEADERS GROUP. PARTICIPANTS WERE ASKED WHERE THEY THOUGHT TCDIP COULD HAVE THE MOST IMPACT, WHERE WE ARE CURRENTLY MAKING AN IMPACT, AND WHERE WE CAN DO BETTER. IN FALL 2022, TCDIP DESIGNED THE ELIMINATING THE BARRIERS EMPLOYERS FACE IN RETAINING ATTORNEYS OF COLOR STUDY TO UNDERSTAND BARRIERS EMPLOYERS FACE IN RETAINING ATTORNEYS OF COLOR IN THE TWIN CITIES. THE CONSULTING FIRM PARENTEAU GRAVES CONDUCTED THE STUDY, INTERVIEWING 38 ATTORNEYS OF COLOR WHO ARE WORKING OR HAVE RECENTLY WORKED IN THE TWIN CITIES. THESE INTERVIEWS WERE CONFIDENTIAL, SO PARTICIPANTS WERE ABLE TO BE CANDID, SHARING THEIR EXPERIENCES AND MAKING CONCRETE SUGGESTIONS FOR TRANSFORMING LEGAL WORKPLACES TO BETTER RETAIN AND ADVANCE ATTORNEYS OF COLOR. IN 2022, TCDIP HOSTED OUR LARGEST CLASS OF TCDIP 1L CLERKS. OVER 38 LAW SCHOOL STUDENTS OF COLOR FROM ACROSS THE COUNTRY WORKED AT LAW FIRMS AND CORPORATE LEGAL DEPARTMENTS AND GAINED VALUABLE WORK EXPERIENCE. TCDIP PROVIDED THE STUDENTS WITH WRAP-AROUND SUPPORT, INCLUDING MENTORING, PROFESSIONAL COACHING, NETWORKING OPPORTUNITIES AND A PROFESSIONAL DEVELOPMENT WORKSHOP. OUR RECRUITING EFFORTS CONTINUED TO STRENGTHEN WITH ANOTHER SUCCESSFUL MINNESOTA MINORITY RECRUITMENT CONFERENCE IN 2022. WE HAD 31 EMPLOYERS INTERVIEW 71 LAW STUDENTS FROM ACROSS THE COUNTRY. MMRC IS DESIGNED TO INTRODUCE LAW STUDENTS FROM VARIOUS BACKGROUNDS TO EMPLOYERS FROM ACROSS THE LEGAL INDUSTRY IN MINNESOTA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mohammadee Summra Shariff Executive Director | Officer | 45 | $175,888 |
Shelby Bruce Director | Trustee | 1 | $0 |
Leita Walker Director | Trustee | 1 | $0 |
Roshan Rajkumar Director | Trustee | 1 | $0 |
Anna Richo Director | Trustee | 1 | $0 |
Bill Stoeri Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $11,650 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,650 |
Total Program Service Revenue | $635,582 |
Investment income | $154 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $647,710 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $175,888 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $120,584 |
Pension plan accruals and contributions | $13,227 |
Other employee benefits | $16,890 |
Payroll taxes | $21,215 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $29,792 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,965 |
Advertising and promotion | $7,438 |
Office expenses | $1,100 |
Information technology | $4,649 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,083 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,842 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,772 |
All other expenses | $2,211 |
Total functional expenses | $559,625 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $77,794 |
Savings and temporary cash investments | $663,929 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $28,637 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $173 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $770,533 |
Accounts payable and accrued expenses | $8,055 |
Grants payable | $0 |
Deferred revenue | $222,778 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $230,833 |
Net assets without donor restrictions | $539,700 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $770,533 |