Kentucky Wholesale Distributors Association Inc
- Assets
- $88.2k
- Revenue
- $230.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Prospect, KY
- Founding
- 05/1986
- Data as of
- 04/2023
- EIN
- 23-7273119
Organization Overview
Kentucky Wholesale Distributors Association Inc is located in Prospect, KY. The organization was established in 1986. According to its NTEE Classification (G45) the organization is classified as: Lung Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Wholesale Distributors 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 04/2023, Kentucky Wholesale Distributors Association Inc generated $230.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $230.1k during the year ending 04/2023. While expenses have increased by 13.4% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BUSINESS WELFARE OF THE TOBACCO AND CANDY INDUSTRIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
POSTER YEARBOOK FREE TO ALL MEMBERS, PUBLIC NEWSLETTER AND MEANS TO DISSEMINATE INFORMATION. ASSIST WITH MEMBER SPECIFIC INFORMATION AND GOVERNMENTAL REGULATIONS, LAWS AFFECTING MEMBERS AND ANSWERING PUBLIC QUESTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Haynes President | Trustee | 5 | $0 |
Brad Stephens Vice President | Trustee | 5 | $0 |
Leo Fitzpatrick Treasurer | Trustee | 5 | $0 |
Financial Statements
| 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 | $41,800 |
| Investment income | $611 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $177,232 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $230,139 |
| 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 | $39,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $780 |
| Fees for services: Lobbying | $32,884 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $679 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $152,604 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $230,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,243 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $88,243 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $88,243 |
| 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 | $88,243 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pulmonary Fibrosis Foundation Chicago, IL | $16,794,445 | $11,816,537 |
Respiratory Health Association Chicago, IL | $3,641,465 | $2,914,916 |
Breathing Association Columbus, OH | $1,571,236 | $2,959,920 |
Kentucky Wholesale Distributors Association Inc Prospect, KY | $88,243 | $230,139 |
Bakery Confectionery Tobacco Owensboro, KY | $139,786 | $0 |
Illinois Association Of Wholesale Distributors Rochester, IL | $45,029 | $0 |
International Respiratory Infections Society Louisville, KY | $71,546 | $0 |
Tuberculosis Association Of Ohio County Wheeling, WV | $1,172,128 | $119,965 |
Council For Burley Tobacco Inc Lexington, KY | $374,667 | $0 |
Tobacco Assn Of U S Inc Danville, VA | $29,782 | $0 |