Mississippi Coast Restaurant & Beverage Association
- Assets
- $53.8k
- Revenue
- $62.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Gulfport, MS
- Founding
- 02/1986
- Data as of
- 06/2018
- EIN
- 64-0696700
Organization Overview
Mississippi Coast Restaurant & Beverage Association is located in Gulfport, MS. The organization was established in 1986. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Coast Restaurant & Beverage 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 06/2018, Mississippi Coast Restaurant & Beverage Association generated $62.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $69.5k during the year ending 06/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE MCRBA IS TO UNIFY, FOSTER, PROMOTE & PROTECT THE LEGALLY LICENSED HOSPITALITY AND FOOD SERVICE INDUSTRIES IN THE THREE MISSISSIPPI COASTAL COUNTIES. THE GOALS OF THE MCRBA SHALL BE: 1)RETAIN PRESENT MEMBERS & RECRUIT NEW MEMBERS; 2)IMPROVE THE COMMUNICATION PROCESS BETWEEN THE MCRBA & ITS MEMBERS AS WELL AS PROMOTE EDUCATIONAL & INFORMATIONAL OPPORTUNITIES TO ITS MEMBERS & THE PUBLIC; 3)ESTABLISH A FRAMEWORK TO INSURE THE EFFECTIVE OPERATION OF THE GCCMHRA; 4)SUPPORT FINANCIALLY THE LOCAL OR LEGISLATIVE CANDIDATES &/OR ISSUES THAT BEST REPRESENT THE VIEWS AND POSITIONS OF THE GCCMHRA MEMBERS; 5)PLAN & EXECUTE SPECIAL EVENTS FOR THE PURPOSE OF FUNDRAISING FOR THE MCRBA EXPENSES NOT COVERED BY THE DUES & FOR ANY OTHER PURPOSE DEEMED DESIRABLE BY THE GCCMHRA BOARD OF DIRECTORS AS LONG AS THEY MAINTAIN THE ETHICS AND GUIDELINES OF THE MCRBA, AND THE DIRECTIVES CONTAINED IN THESE BYLAWS; 6)CONTINUE TO WORK IN THE LOCAL GOVERNMENT AFFAIRS & LOCAL POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF MISSISSIPPI GULF COAST RESTAURANTS AND THE OVERALL IMPROVEMENT OF THE GULF COAST AREA THROUGH PARTICIPATION IN NUMEROUS BOARDS, COMMISSIONS, AND TRADE SHOWS INCLUDING SPONSORSHIP AND ORGANIZATION OF THE PRIMARY EVENT "CHEFS OF THE COAST" WHICH SERVES AS A SHOWCASE FOR THE OFFERINGS OF THE RESTAURANTS IN THE LOCAL AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Lutz Director | Trustee | 1 | $0 |
Danie Rodriguez President | OfficerTrustee | 1 | $0 |
Jim Putnam Director | Trustee | 1 | $0 |
John Prentiss Director | Trustee | 1 | $0 |
Kip Schloegel Director | Trustee | 1 | $0 |
Ryland Bertucci Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,551 |
| 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 | $6,551 |
| Total Program Service Revenue | $55,926 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,050 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $32,000 |
| 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 | $2,745 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,895 |
| Office expenses | $1,323 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,280 |
| Travel | $175 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $210 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31 |
| Insurance | $2,224 |
| All other expenses | $851 |
| Total functional expenses | $69,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,775 |
| 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 | $53,775 |
| Accounts payable and accrued expenses | $958 |
| 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 | $958 |
| Unrestricted restricted net Assets | $52,817 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $52,817 |