North Carolina Beer And Wine Wholesalers Association

Organization Overview

North Carolina Beer And Wine Wholesalers Association is located in Raleigh, NC. The organization was established in 1966. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, North Carolina Beer And Wine Wholesalers Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Beer And Wine Wholesalers 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 12/2021, North Carolina Beer And Wine Wholesalers Association generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROTECT AND UPHOLD THE RIGHTS OF THE BEER AND WINE INDUSTRY IN NORTH CAROLINA THROUGH CLOSE CONTACT WITH LOCAL AND FEDERAL LAWMAKERS AND TO IMPROVE THE PRACTICES OF THESE WHOLESALERS THROUGHOUT THE STATE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WORK WITH LOCAL AND FEDERAL OFFICIALS TO DEVELOP POLICIES ENSURING EQUITY AND FAIRNESS FOR MEMBER WHOLESALERS.


WORK WITH ASSOCIATION LEGAL COUNSEL TO ADVISE MEMBERS ON TRADE PRACTICES, FRANCHISE LAWS, NC ABC RULES AND REGULATIONS, SUPPLIER CONTRACTS AND RETAILER RELATIONSHIPS.


ANNUAL CONVENTION FOR OUR MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Kent
Executive Di
$187,000
Tim Bauguess
Director
$0
Tee Nunnelee
Chairman
$0
Beth Gaither
Treasurer
$0
Jay Harris
Director
$0
Bradley Shore
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$972,960
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$972,960
Total Program Service Revenue$105,671
Investment income $55,763
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $27,610
Net Gain/Loss on Asset Sales -$4,291
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,161,857

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