Southern Association Of Wholesale Distributors Inc
- Assets
- $1.5m
- Revenue
- $735.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Lagrange, GA
- Founding
- 08/1947
- Data as of
- 12/2021
- EIN
- 58-0440190
Organization Overview
Southern Association Of Wholesale Distributors Inc is located in Lagrange, GA. The organization was established in 1947. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Association Of Wholesale Distributors Inc 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, Southern Association Of Wholesale Distributors Inc generated $735.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $644.4k during the year ending 12/2021. While expenses have increased by 0.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE WHOLESALE DISTRIBUTION INDUSTRY AND EDUCATE ITS RESPECTIVE MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE - THE SOUTHERN ASSOCIATION OF WHOLESALE DISTRIBUTORS, INC. 98TH ANNUAL MEETING AND TRADE SHOW WAS HELD ON JUNE 15-18, 2021. THIS MEETING ATTREACTED ATTENDEES FOR ALL CLASSES OF TRADE, MANUFACTURERS, WHOLESALE DISTRIBUTORS, AND BROKERS OF CONVENIENCE PRODUCTS FROM AROUND THE UNITED STATES. IN ADDITION, THIS MEETING FEATURED A NUMBER OF LEGISLATIVE UPDATES ON LOCAL, STATE, AND FEDERAL LEGISLATION AND REGULATION AS WELL AS KEYNOTE SESSIONS ON BUSINESS TRENDS AND INSIGHTS FOR INDUSTRY.
ANNUAL MEETING MAGAZINE - 1 76 PAGE, 4 COLOR MAGAZINE WAS PRODUCED AND MAILED TO ALL MEMBERS IN THE ASSOCIATION AND IT WAS PROVIDED TO ALL ATTENDEES AT THE ANNUAL MEETING MENTIONED IN THE ABOVE PARAGRAPH. THE MAGAZINE FEATURED MULTIPLE ARTICLES INFORMING AND EDUCATING READERS ON TOPICS OF INTEREST TO THE WHOLESALE DISTRIBUTION COMMUNITY.
SOUTHERN LEADERSHIP DIVISION BUSINESS RESOURCE MEETING 2021 - AN EXECUTIVR EDUCATION CONFERENCE WAS HELD VIRTUALLY ON NOVEMBER 16-18, 2021. THIS MEEETING ATTRACTED ATTENDEES FROM ALL CLASSES OF TRADE. AT THIS MEETING A NUMBER OF EDUCATION SESSIONS WERE HELD TO HIGHLIGHT LEADERSHIP TRAINING AND PROFESSIONAL DEVELOPMENT. IN ADDITION, THE MEETING FEATURED A NUMBER OF NETWORKING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hugh Raetzsch President | OfficerTrustee | 0.5 | $0 |
Chad Pickel 1st Vp/contr | OfficerTrustee | 0.5 | $0 |
Jack Casanova 3rd Vice Pre | OfficerTrustee | 0.5 | $0 |
Sam Stewart 2nd Vice Pre | OfficerTrustee | 0.5 | $0 |
Marty Howell Board Chairm | OfficerTrustee | 0.5 | $0 |
Nelson Parker State Direct | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $145,625 |
| 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 | $145,625 |
| Total Program Service Revenue | $499,263 |
| Investment income | $12,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,056 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $735,285 |
| 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 | $252,000 |
| Fees for services: Legal | $1,066 |
| Fees for services: Accounting | $7,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $85,430 |
| Advertising and promotion | $0 |
| Office expenses | $18,842 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $197,184 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,538 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,813 |
| All other expenses | $19,839 |
| Total functional expenses | $644,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,886 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,825 |
| 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 | $84,896 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,017,146 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,465,753 |
| Accounts payable and accrued expenses | $322 |
| Grants payable | $0 |
| Deferred revenue | $134,335 |
| 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 | $134,657 |
| Net assets without donor restrictions | $1,263,196 |
| Net assets with donor restrictions | $67,900 |
| 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 | $1,465,753 |
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