Association For Dressings & Sauces
- Assets
- $1.2m
- Revenue
- $1.2m
- Investments
- $247.6k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 11/1972
- Data as of
- 12/2021
- EIN
- 51-0245131
Organization Overview
Association For Dressings & Sauces is located in Atlanta, GA. The organization was established in 1972. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For Dressings & Sauces 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, Association For Dressings & Sauces generated $1.2m 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 (3.9%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION'S OBJECTIVES ARE AS FOLLOWS: 1) TO PROMOTE THE INTEREST OF THE MAYONNAISE, SALAD DRESSINGS AND CONDIMENT SAUCES INDUSTRY, AND TO INCREASE THE USE OF THESE PRODUCTS THROUGH COOPERATION AMONG THE VARIOUS FACTORS IN THE INDUSTRY IN THE MATTER OF TRADE PRACTICES, STANDARDS, RESEARCH AND PUBLIC EDUCATION; 2) TO ACT AS A CLEARINGHOUSE FOR THE EXCHANGE OF IDEAS BENEFICIAL TO THIS INDUSTRY AND THE PUBLIC; 3) TO KEEP THE MEMBERS OF THE ASSOCIATION INFORMED OF LEGISLATIVE PROPOSALS OR ACTIONS CONCERNING THIS INDUSTRY AND OF RESEARCH OR OTHER NEW DEVELOPMENTS IN THIS INDUSTRY; 4) TO ACT AS THE VOICE FOR THIS INDUSTRY IN ALL MATTERS CONNECTED WITH PUBLIC RELATIONS OR COOPERATION WITH GOVERNMENTAL AGENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION ACCOMPLISHES ITS MISSION AND GOALS BY HOLDING EDUCATIONAL ANNUAL AND TECHNICAL MEETINGS THAT SPONSOR VARIOUS PROGRAMS.
THE ASSOCIATION SPONSORS AND COLLABORATES WITH VARIOUS EDUCATIONAL INSTITUTIONS AND CONSULTANTS TO PERFORM VARIOUS RESEARCH PROGRAMS AND STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Dick Chair | OfficerTrustee | 0 | $0 |
Ryan Brooks Treasurer | OfficerTrustee | 0 | $0 |
Ron Emonet Vice Chair | OfficerTrustee | 0 | $0 |
Jeannie Milewski President (non-Voting) | Trustee | 0 | $0 |
Paula Klassen Director | Trustee | 0 | $0 |
Doug Hawkins Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $818,880 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $827,880 |
| Total Program Service Revenue | $330,352 |
| Investment income | $3,762 |
| 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 | $1,199,194 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $428,498 |
| Fees for services: Legal | $11,256 |
| Fees for services: Accounting | $9,260 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $360 |
| Fees for services: Other | $468,162 |
| Advertising and promotion | $6,618 |
| Office expenses | $30,000 |
| Information technology | $11,175 |
| 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 | $184,322 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,362 |
| Insurance | $2,377 |
| All other expenses | $0 |
| Total functional expenses | $1,167,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $332,136 |
| Savings and temporary cash investments | $656,151 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,327 |
| 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 | $9,169 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $247,638 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,247,421 |
| Accounts payable and accrued expenses | $66,108 |
| Grants payable | $0 |
| Deferred revenue | $261,884 |
| 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 | $279 |
| Total liabilities | $328,271 |
| Net assets without donor restrictions | $919,150 |
| 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 | $1,247,421 |
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