Arkansas Beverage Retailers Association
- Assets
- $25.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Russellville, AR
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 01-0695331
Organization Overview
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 12/2021, Arkansas Beverage Retailers Association generated $36.0k 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 (11.8%) each year. All expenses for the organization totaled $114.7k during the year ending 12/2021. 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
2021
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Polk President | 1 | $0 | |
Nick Pierce Vice Preside | 1 | $0 | |
Russell D Dollar Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,023 |
| 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 | $112,163 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,549 |
| Total expenses | $114,712 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,061 |
| Other assets | $0 |
| Total assets | $25,061 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,061 |
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