Massachusetts Soft Drink Association
- Assets
- $53.1k
- Revenue
- $230.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 02/1975
- Data as of
- 12/2022
- EIN
- 23-7430214
Organization Overview
Massachusetts Soft Drink Association is located in Boston, MA. The organization was established in 1975. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Soft Drink Association 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, Massachusetts Soft Drink Association generated $230.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $275.0k during the year ending 12/2022. While expenses have increased by 6.1% 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
PROMOTION OF THE BEST INTEREST OF THE SOFT DRINK INDUSTRY, REPRESENTING THE INDUSTRY AS A WHOLE, PROMOTING FAIR TRADE, REGULATING INDUSTRY POLICIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER MEETINGS THROUGHOUT THE YEAR TO DISCUSS RELEVANT ISSUES TO THE INDUSTRY (BOTTLE BILL, GOVT AFFAIRS, WASTE PROJECT).
OPPOSE THE PROPOSED RESTRICTION ON PORTION SIZE OF SODA IN THE CITY OF CAMBRIDGE
PROMOTING FAIR TRADE PRACTICES, AVOIDING ANTI-TRUST ISSUES.
PROMOTE BEST PRACTICES IN RECYCLING AND LITTER CONTROL AND TO PROVIDE INFORMATION ON THESE ISSUES TO STAKEHOLDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Crowley President | OfficerTrustee | 0.2 | $0 |
Mike Elmer Vice-President | OfficerTrustee | 0.2 | $0 |
Peter Wilcox Treasurer | OfficerTrustee | 0.2 | $0 |
Susannah Smith Secretary | OfficerTrustee | 0.2 | $0 |
Ralph Crowley Director | Trustee | 0.2 | $0 |
Lauren Craig Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $160,050 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,050 |
| Total Program Service Revenue | $69,900 |
| Investment income | $1 |
| 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 | $229,951 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,150 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $247,500 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $2,400 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,572 |
| All other expenses | $15 |
| Total functional expenses | $275,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,134 |
| Savings and temporary cash investments | $1,933 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $53,067 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $44,213 |
| Total liabilities | $44,213 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $8,854 |
| 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 | $53,067 |