Georgia Beer Wholesalers Association Inc is located in Newnan, GA. The organization was established in 1949. 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. As of 12/2021, Georgia Beer Wholesalers Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Beer Wholesalers Association 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, Georgia Beer Wholesalers Association Inc generated $920.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $940.9k during the year ending 12/2021. While expenses have increased by 5.1% 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
TRADE ASSOCIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martin Smith Executive Director | OfficerTrustee | 40 | $147,816 |
Tim Mackey President | OfficerTrustee | 1 | $0 |
Frank Sinkwich First Vice President | OfficerTrustee | 1 | $0 |
Mike Economos Treasurer | OfficerTrustee | 1 | $0 |
Michael Hertz Second Vice President | OfficerTrustee | 1 | $0 |
Chris Peters Immediate Past President | OfficerTrustee | 1 | $0 |
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 | $857,438 |
Investment income | $39,515 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $23,202 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $920,155 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,000 |
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. | $147,816 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $46,101 |
Pension plan accruals and contributions | $18,684 |
Other employee benefits | $28,754 |
Payroll taxes | $16,725 |
Fees for services: Management | $127,500 |
Fees for services: Legal | $14,200 |
Fees for services: Accounting | $21,050 |
Fees for services: Lobbying | $5,704 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,383 |
Fees for services: Other | $102,599 |
Advertising and promotion | $63,985 |
Office expenses | $20,992 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,655 |
Travel | $74,693 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $182,109 |
Interest | $3,288 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,071 |
Insurance | $16,861 |
All other expenses | $0 |
Total functional expenses | $940,948 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $38,276 |
Savings and temporary cash investments | $46,854 |
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 | $54,429 |
Investments—publicly traded securities | $1,216,124 |
Investments—other securities | $515,354 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,871,037 |
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 | $55,664 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,637 |
Total liabilities | $57,301 |
Net assets without donor restrictions | $1,813,736 |
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 | $1,871,037 |
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