Iowa Wholesale Beer Distributors Association is located in Des Moines, IA. The organization was established in 0000. 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. Iowa Wholesale Beer Distributors 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, Iowa Wholesale Beer Distributors Association generated $262.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $291.2k during the year ending 12/2022. 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 SERVE THE MEMBERS AND TO PRESERVE AND PROTECT THEIR ECONOMIC, LEGISLATIVE, REGULATORY, AND POLITICAL INTERESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENT THE INTERESTS OF IOWA BEER DISTRIBUTORS THROUGH ADVOCACY, MONITORING LEGISLATION, AND INTERPRETING IOWAS ALCOHOL LAW AND REGULATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dudley Fleck Chairman | OfficerTrustee | 4 | $0 |
Alex Brewington Vice President | OfficerTrustee | 1 | $0 |
Lauren Doll President | OfficerTrustee | 1 | $0 |
Mason Lee Secretary/treasurer | OfficerTrustee | 1 | $0 |
Connor Lee Director | Trustee | 0.5 | $0 |
George Doll Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $228,680 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $50 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $228,730 |
Total Program Service Revenue | $17,800 |
Investment income | $14,995 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $1,890 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$685 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $262,730 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
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 | $64,000 |
Fees for services: Legal | $54,537 |
Fees for services: Accounting | $10,200 |
Fees for services: Lobbying | $29,502 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,999 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $282 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $8,316 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $17,157 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $250 |
Insurance | $669 |
All other expenses | $0 |
Total functional expenses | $291,183 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $162,167 |
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 | $750 |
Investments—publicly traded securities | $512,656 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $675,573 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $51,977 |
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 | $51,977 |
Net assets without donor restrictions | $623,596 |
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 | $675,573 |
Over the last fiscal year, Iowa Wholesale Beer Distributors Association has awarded $75,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
REPUBLICAN GOVERNORS ASSOCIATION PURPOSE: Contribution | $25,000 |
IOWA FIRST FUND PURPOSE: Contribution | $25,000 |
HARVESTING OPPROTUNITY PURPOSE: Contribution | $25,000 |