Mid-South Minority Business Council Continuum Inc

Organization Overview

Mid-South Minority Business Council Continuum Inc is located in Memphis, TN. The organization was established in 1991. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid-South Minority Business Council Continuum Inc 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 12/2021, Mid-South Minority Business Council Continuum Inc generated $936.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $956.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE BUSINESS OF MINORITY AND WOMEN

Describe the Organization's Program Activity:

Part 3 - Line 4a

INCREASE THE VOLUME AND DOLLAR AMOUNT OF BUSINESS GENERATED BY MINORITY AND WOMEN OWNED BUSINESS.


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Board, Officers & Key Employees

Name (title)Compensation
Jozelle Booker
President/ceo
$166,000
Raajkumar S Kurapati
Director
$0
Gary Rosenfield
Director
$0
Keith Norman
Director
$0
Laurel Williams
Director
$0
Charles Burkett
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$210,200
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$700,821
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$911,021
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $15,342
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 $936,384

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mid-South Minority Business Council Continuum Inc has recieved totaling $13,000.

Awarding OrganizationAmount
Methodist Lebonheur Healthcare

Memphis, TN

PURPOSE: 2021 ROBERT R CHURCH LUNCHEON SPONSORSHIP

$13,000
View Grant Recipient Profile

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