Associated Beer Distributors Of Illinois
- Assets
- $3.3m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 5
- Location
- Springfield, IL
- Founding
- 12/1974
- Data as of
- 11/2023
- EIN
- 37-0708709
Organization Overview
Associated Beer Distributors Of Illinois is located in Springfield, IL. The organization was established in 1974. 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 11/2023, Associated Beer Distributors Of Illinois employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Beer Distributors Of Illinois 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 11/2023, Associated Beer Distributors Of Illinois generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $1.9m during the year ending 11/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ABDI IS A NOT-FOR-PROFIT CORPORATION WHICH PROVIDES SERVICES TO MEMBERS ORGANIZATIONS. THE ASSOCIATION IS A BUSINESS LEAGUE ESTABLISHED TO PROMOTE POLICIES AND PROVIDE EDUCATIONAL AND INFORMATIONAL PROGRAMS TO MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO BENEFIT THE MEMBERSHIP OF THE ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Myers President | Officer | 40 | $323,616 |
Chris Coleman VP Of Gov Re | Officer | 40 | $197,559 |
Steve Aden Director | Trustee | 2 | $0 |
Chris Ashby Director | Trustee | 2 | $0 |
Matt Brown Director | Trustee | 2 | $0 |
Nolan Burke Immed Past C | OfficerTrustee | 2 | $0 |
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,780,824 |
| Investment income | $49,179 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$41,120 |
| 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 | $1,791,060 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $679,237 |
| Pension plan accruals and contributions | $70,760 |
| Other employee benefits | $121,595 |
| Payroll taxes | $47,148 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,081 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $264,430 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $114,709 |
| Advertising and promotion | $0 |
| Office expenses | $31,400 |
| Information technology | $2,353 |
| Royalties | $0 |
| Occupancy | $64,008 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $110,062 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,408 |
| Insurance | $13,057 |
| All other expenses | $75,199 |
| Total functional expenses | $1,884,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,094 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,376 |
| 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 | $76,030 |
| Net Land, buildings, and equipment | $1,252,891 |
| Investments—publicly traded securities | $1,665,476 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,115 |
| Total assets | $3,258,982 |
| Accounts payable and accrued expenses | $25,889 |
| 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 | $492,753 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $239,834 |
| Total liabilities | $758,476 |
| Net assets without donor restrictions | $2,500,506 |
| 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 | $3,258,982 |