American Bakers Assoc
- Assets
- $11.8m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 20
- Location
- Washington, DC
- Founding
- 12/1920
- Data as of
- 06/2023
- EIN
- 36-0723070
Organization Overview
American Bakers Assoc is located in Washington, DC. The organization was established in 1920. 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 06/2023, American Bakers Assoc employed 20 individuals. This organization is the central organization for a national or regional group of organizations. American Bakers Assoc 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 06/2023, American Bakers Assoc generated $8.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $6.6m during the year ending 06/2023. While expenses have increased by 5.1% per year over the past 8 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
TO REPRESENT THE INTERESTS OF THE WHOLESALE BAKING INDUSTRY--BOTH ON A NATIONAL AND STATE LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN BAKERS ASSOCIATION TACKLES KEY ISSUES FACING THE GRAIN-BASED FOODS INDUSTRY EITHER BY INITIATING POSITIVE POLICY CHANGES TO PROVIDE MORE OPPORTUNITIES OR BY PROTECTING THE INDUSTRY FROM MISGUIDED POLICIES DETRIMENTAL TO BUSINESS. ABA FOCUSES ON SEVERAL KEY AREAS THAT DIRECTLY IMPACT THE BOTTOM LINE IN THE PRODUCTION AND DISTRIBUTION OF THE INDUSTRY'S PRODUCTS. THEY INCLUDE COMMODITIES AND TRADE, LOGISTICS, ENVIRONMENTAL AND SAFETY, ENERGY, FOOD TECHNICAL, SAFETY, HUMAN RESOURCES AND MARKETING.
THE AMERICAN BAKERS ASSOCATION PROVIDES AN OPPORTUNITY FOR ABA MEMBERS TO NETWORK AND EXCHANGE INFORMATION AND IDEAS THROUGH THE ANNUAL CONVENTION.
THE AMERICAN BAKERS ASSOCIATION PROVIDES INDUSTRY SUPPORT TO KEY INDUSTRY PARTNERS, SUCH AS THE GRAIN FOODS FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mackie Robb President & CEO (exiting) | Officer | 35 | $419,375 |
Sanders Lee SVP - Govt Relat & Pub Affairs, Secretary | Officer | 35 | $293,302 |
Colfelt Jennifer VP - Operations & Membership | Officer | 35 | $244,639 |
Zvaners Rasma VP - Regulatory & Tech Services | 35 | $187,782 | |
Telligman Katherine Director, Communications & Marketing | 35 | $127,981 | |
Williams Lauren Director, Government Relations | 35 | $131,291 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Covington & Burling Llp Legal Services | 6/29/23 | $177,362 |
Inspire Event Technologies Conference Services | 6/29/23 | $147,700 |
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 | $8,116,519 |
| Investment income | $165,741 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $69 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,502,164 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,000 |
| 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. | $1,154,732 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,290,913 |
| Pension plan accruals and contributions | $103,703 |
| Other employee benefits | $395,098 |
| Payroll taxes | $152,896 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $395,797 |
| Fees for services: Accounting | $199,337 |
| Fees for services: Lobbying | $5,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,667 |
| Fees for services: Other | $477,059 |
| Advertising and promotion | $63,817 |
| Office expenses | $165,085 |
| Information technology | $316,593 |
| Royalties | $0 |
| Occupancy | $352,969 |
| Travel | $146,153 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $978,928 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $116,831 |
| Insurance | $35,239 |
| All other expenses | $0 |
| Total functional expenses | $6,578,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,135,904 |
| Savings and temporary cash investments | $2,560,446 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $101,679 |
| 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 | $247,964 |
| Net Land, buildings, and equipment | $227,169 |
| Investments—publicly traded securities | $4,533,149 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,008,733 |
| Total assets | $11,815,044 |
| Accounts payable and accrued expenses | $343,252 |
| Grants payable | $0 |
| Deferred revenue | $1,589,116 |
| 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 | $1,287,505 |
| Total liabilities | $3,219,873 |
| Net assets without donor restrictions | $8,595,171 |
| 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 | $11,815,044 |
Grants Awarded
Over the last fiscal year, American Bakers Assoc has awarded $311,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KANSAS STATE UNIVERSITY FOUNDATION PURPOSE: GENERAL SUPPORT | $6,000 |
BAKERY EQUIPMENT MANUFACTURERS & ALLIEDS PURPOSE: GENERAL SUPPORT | $5,500 |
GRAIN FOODS FOUNDATION PURPOSE: GENERAL SUPPORT | $300,000 |