Minnesota Beer Wholesalers Assoc
- Assets
- $699.3k
- Revenue
- $537.6k
- Investments
- $20.9k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 05/1953
- Data as of
- 12/2023
- EIN
- 41-0715394
Organization Overview
Minnesota Beer Wholesalers Assoc is located in Minneapolis, MN. The organization was established in 1953. 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. This organization is the central organization for a national or regional group of organizations. Minnesota Beer Wholesalers Assoc 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 12/2023, Minnesota Beer Wholesalers Assoc generated $537.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $519.0k during the year ending 12/2023. 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
PROMOTION OF THE GENERAL WELFARE OF THE INDEPENDENT DISTRIBUTION SEGMENT OF THE MALT BEVERAGE INDUSTRY IN THE STATE OF MINNESOTA AND THE INTERESTS OF THE PUBLIC RELATIVE TO THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMULGATE AND PROTECT THE THREE-TIER SYSTEM OF BEER DISTRIBUTION IN THE STATE OF MINNESOTA UNDER SOUND PRINCIPLES OF COMPETITION, ECONOMIC FREEDOM AND OPPORTUNITY FOR WHICH IT STANDS. THIS IS ACCOMPLISHED BY PROMOTING A REGULATORY ENVIRONMENT UNDER WHICH THESE PRINCIPLES MAY OPENLY FLOURISH; FOSTERING AND PROMOTING COOPERATIVE EDUCATION PROGRAMS OF ECONOMIC, BUSINESS, SCIENTIFIC AND SOCIAL RESEARCH; PLANNING AND ACTION DESIGNED TO STIMULATE GROWTH AND PROGRESS OF THE INDEPENDENT BEER WHOLESALERS COLLECTIVELY AND IN CONJUNCTION WITH OTHER PERSONS, FIRMS, OR PRIVATE AND PUBLIC ENTITIES; FOSTERING AND PROMOTING POLICIES AND PROGRAMS OF ECONOMIC, BUSINESS, SCIENTIFIC AND SOCIAL RESEARCH; PLANNING AND ACTION DESIGNED TO STIMULATE THE FURTHER GROWTH AND PROGRESS OF INDEPENDENT BEER WHOLESALERS IN THEIR ALLIED INDUSTRIES AND TRADES; AND ENGAGING IN SUCH OTHER LEGALLY PROPER ACTIVITIES AND PROGRAMS AS MAY BE DESIRED BY THE MEMBERSHIP FROM TIME TO TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jake Sauter Chairman | OfficerTrustee | 1 | $0 |
Nick Dahlheimer Vice Chairman | OfficerTrustee | 1 | $0 |
Jason Kocina Treasurer/secretary | OfficerTrustee | 1 | $0 |
Keith Bergseth Past Chairman | OfficerTrustee | 1 | $0 |
Brian Michaud Director | Trustee | 0.3 | $0 |
Christopher Morton Director | Trustee | 0.3 | $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 | $522,772 |
| Investment income | $19,310 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,466 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $537,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $4,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,153 |
| 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 | $63,271 |
| Fees for services: Accounting | $3,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,105 |
| Office expenses | $2,684 |
| Information technology | $2,341 |
| 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 | $49,731 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,511 |
| All other expenses | $1,930 |
| Total functional expenses | $518,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,959 |
| Savings and temporary cash investments | $414,744 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,326 |
| 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 | $199,346 |
| Investments—other securities | $20,889 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $699,264 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $696,223 |
| Net assets with donor restrictions | $3,041 |
| 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 | $699,264 |