Arkansas Beverage Retailers Association is located in Russellville, AR. The organization was established in 2004. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Beverage Retailers 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 12/2023, Arkansas Beverage Retailers Association generated $66.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $67.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE LEGAL SALES OF ALCOHOL BEVERAGES IN THE STATE OF ARKANSAS.
Describe the Organization's Program Activity:
Part 3
MANAGEMENT AND LEGAL EXPENSES
MANAGEMENT AND LEGAL EXPENSES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Polk President | 1 | $0 | |
Nick Pierce Vice Preside | 1 | $0 | |
Russell D Dollar Secretary | 1 | $0 | |
Russell D Dollar Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,055 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,055 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,445 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,723 |
| Total expenses | $67,168 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,286 |
| Other assets | $0 |
| Total assets | $59,286 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,286 |