Carolina Brewmasters Inc
- Assets
- $134.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Matthews, NC
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 56-2091771
Organization Overview
Carolina Brewmasters Inc is located in Matthews, NC. The organization was established in 2010. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Brewmasters Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Carolina Brewmasters Inc generated $3.3k 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 (46.3%) each year. All expenses for the organization totaled $12.0k 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 Program Activity:
Part 3
TO PROMOTE THE HOBBY OF HOMEBREWING AND EDUCATE PERSONS ABOUT THE PROCESS OF HOMEBREWING. APPROXIMATELY 200 PERSONS BENEFITTED FROM THE EDUCATION, HOMEBREWING INSTRUCTION, AND CON
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Ramsey President | 1 | $0 | |
Toby Andrews Vp-Education | 1 | $0 | |
Ryan Nadel Vp-Competition | 1 | $0 | |
Tom Henderson Vp-Membership | 1 | $0 | |
Stephen Hanmer Treasurer | 1 | $0 | |
Michael Wiggins Vp-Social | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,575 |
| Membership dues | $1,625 |
| Investment income | $116 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,316 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,039 |
| Total expenses | $12,039 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,262 |
| Other assets | $0 |
| Total assets | $134,262 |
| Total liabilities | $0 |
| Net assets or fund balances | $134,262 |
Grants Awarded
Over the last fiscal year, Carolina Brewmasters Inc has awarded $50,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
San Antonio, TX PURPOSE: General purp. | $12,500 |
Charlotte, NC PURPOSE: General purp. | $12,500 |
Charlotte, NC PURPOSE: General purp. | $12,500 |
Davidson, NC PURPOSE: General purp. | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Willow Oaks Country Club Inc Richmond, VA | $15,889,652 | $10,037,529 |
Forest Lake Club Columbia, SC | $17,782,694 | $10,657,455 |
Memphis Country Club Memphis, TN | $17,898,426 | $9,558,758 |
Eagle Point Golf Club Inc Wilmington, NC | $18,431,345 | $8,325,446 |
Dataw Island Club Inc Beaufort, SC | $27,067,751 | $8,525,272 |
Wade Hampton Golf Club Inc Cashiers, NC | $23,418,026 | $9,280,278 |
Kinloch Golf Association Corp ManakinSabot, VA | $45,313,161 | $8,251,750 |
Old Town Club Inc Winstonsalem, NC | $12,827,032 | $8,211,808 |
Vor Club Corporation Charlotte, NC | $8,365,754 | $7,496,900 |
Standard Club Johns Creek, GA | $15,932,702 | $5,650,853 |
Old Chatham Golf Club Durham, NC | $20,568,212 | $7,510,404 |
Oldfield Club Okatie, SC | $11,156,902 | $7,833,609 |