Wine & Spirits Wholesalers Of America Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 430590389 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Wine & Spirits Wholesalers Of America Inc?

Wine & Spirits Wholesalers of America Inc., located in Washington D.C., is a nonprofit organization dedicated to advocating for favorable legislative measures that improve the conditions under which wine and spirits are sold and distributed. Their mission is to advance the interests of wine and spirits wholesalers, aiming to foster the success of their members and the entire alcohol industry. By promoting a responsible, accountable, and consumer-friendly system of distribution, they strive to deliver significant value to their members and the industry as a whole. With a workforce of 36 individuals, they actively engage in government affairs to shape policies that benefit their sector.


Official website here: www.wswa.org

Is Wine & Spirits Wholesalers Of America Inc legitimate?

Wine & Spirits Wholesalers Of America Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wine & Spirits Wholesalers Of America Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,131,926
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,053,390

For more financial information, click here


Official website here: www.wswa.org

What is the mission statement of Wine & Spirits Wholesalers Of America Inc?

Wine & Spirits Wholesalers of America Inc. is an organization dedicated to advocating for the interests of wine and spirits wholesalers. Their primary goal is to facilitate the success of its members and the alcohol industry as a whole. They aim to establish a responsible, accountable, and consumer-friendly system of distribution, delivering significant value to its members and the industry. The association's Government Affairs department actively works to promote sound and equitable legislative measures, aiming to improve the conditions under which wine and spirits are sold and distributed.


Official website here: www.wswa.org

Who is the CEO of Wine & Spirits Wholesalers Of America Inc?

Francis Creighton is the President & Ceo - Until 04/22 of Wine & Spirits Wholesalers Of America Inc. The CEO's salary of Wine & Spirits Wholesalers Of America Inc is $184,615 and their total compensation is $191,131.


Official website here: www.wswa.org

What is the revenue of Wine & Spirits Wholesalers Of America Inc?

Wine & Spirits Wholesalers Of America Inc's revenue in 2022 was $7,934,087.


Official website here: www.wswa.org

Who are the executives of Wine & Spirits Wholesalers Of America Inc and what are their salaries?

The average compensation at Wine & Spirits Wholesalers Of America Inc during 2022 was $116,259. There are 36 employees and 13 volunteers at Wine & Spirits Wholesalers Of America Inc.


Here are 23 key members and their salaries (Wine & Spirits Wholesalers Of America Inc's CEO's salary is $184,615 and their total compensation is $191,131):


Michelle Korsmo (President & Ceo - Until 04/22)
  • Compensation: $515,382
  • Related: $0
  • Other: $80,658
Francis Creighton (President & Ceo - As Of 11/22)
  • Compensation: $184,615
  • Related: $0
  • Other: $6,516
Steven Becker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Cole (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Harmelin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Hastings (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hertz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Leventhal (Board Member - Until 04/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Mccollum (Board Member - Until 04/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Moses (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dina Opici (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lacey Sadoff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Shaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cutter Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barkley Stuart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Underwood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Wirtz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawson Hobbs (Executive Vice President)
  • Compensation: $304,538
  • Related: $0
  • Other: $40,217
Joanne Moak (Evp And General Counsel)
  • Compensation: $399,327
  • Related: $0
  • Other: $37,965
Arianne Massey (Senior Vice President)
  • Compensation: $334,927
  • Related: $0
  • Other: $32,529
Michael Bilello (Executive Vice President)
  • Compensation: $314,288
  • Related: $0
  • Other: $37,936
Catherine Mcdaniel (Senior Vice President)
  • Compensation: $244,422
  • Related: $0
  • Other: $34,427
Jacob E Hegeman (Vice President)
  • Compensation: $229,615
  • Related: $0
  • Other: $33,980


Official website here: www.wswa.org

Where can I find the form 990 for Wine & Spirits Wholesalers Of America Inc?

Wine & Spirits Wholesalers Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wswa.org

Learn more at the official website: www.wswa.org

Mission Statement of Wine & Spirits Wholesalers Of America Inc

Wine & Spirits Wholesalers of America Inc. is an organization dedicated to championing the interests of wine and spirits wholesalers. Its primary objective is to foster the prosperity of its members and the broader alcohol industry. To achieve this, the association aims to establish a responsible, accountable, and consumer-friendly distribution system, thereby delivering substantial value to its members and the industry as a whole.

In pursuit of its mission, Wine & Spirits Wholesalers of America Inc. employs strategic advocacy initiatives. Specifically, its Government Affairs department advocates for fair and equitable legislative measures. These measures are designed to enhance the conditions under which wine and spirits are sold and distributed, ultimately benefiting both the association's members and the broader industry. By promoting such legislation, the organization seeks to create a sustainable and successful environment for wine and spirits wholesalers.

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Impact




October, 2024

Wine & Spirits Wholesalers of America Inc significantly influences the alcohol industry by advocating for the interests of wine and spirits wholesalers. Its primary focus is to create a conducive environment for distributing alcoholic beverages, ensuring that members can operate effectively within a responsible, accountable, and consumer-friendly framework. The organization actively engages in government affairs to promote fair legislation that enhances the conditions for the sale and distribution of wine and spirits.

By striving to balance the needs of wholesalers with consumer safety and industry standards, the association supports a thriving market. It not only facilitates the success of its members but also contributes to the overall health of the alcohol distribution system. This results in a transparent and efficient marketplace, fostering both community improvement and industry growth. Through its advocacy and commitment to best practices, Wine & Spirits Wholesalers of America Inc plays a pivotal role in shaping the alcohol distribution landscape.




This information is meant to be a general summary of Wine & Spirits Wholesalers Of America Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,934,087 (2022)
Expenses
$9,416,121 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$699,419
  • Program Service Revenue: $8,600,505
  • Gross Receipts: $39,200,988

Assets and Liabilities:

  • Total Assets: $39,701,959
  • Total Liabilities: $6,495,346
  • Net Assets: $33,206,613

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$7,649,344

ANNUAL CONVENTION

Revenue

$556,866

PUBLICATIONS

Revenue

$394,295

Organization Details

Founding Year

1943

Principal Officer

Francis Creighton

Main Address

805 15TH STREET NW 1120, WASHINGTON, DC, 20005

NTEE Category

Code: S41 - Community improvement

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