Overview
What is Virginia Beer Wholesalers Association?
The Virginia Beer Wholesalers Association is a nonprofit organization situated in Richmond, Virginia. Its primary mission is to preserve the three-tier alcohol distribution system, advocate for state-based alcohol regulation, educate the public, and develop and support beverage alcohol policies that promote consumer choice while ensuring a safe and well-regulated marketplace in Virginia. To achieve these objectives, the association fosters a sense of camaraderie among its members, conducts leadership and decision-making workshops, and implements well-managed accounting systems for asset control. With a small team of two dedicated individuals, the Virginia Beer Wholesalers Association plays a crucial role in shaping the alcohol industry in Virginia.
Official website here: www.vbwa.org
Is Virginia Beer Wholesalers Association legitimate?
Virginia Beer Wholesalers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Virginia Beer Wholesalers Association 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: $437,686
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.vbwa.org
What is the mission statement of Virginia Beer Wholesalers Association?
The Virginia Beer Wholesalers Association's mission is centered around preserving the three-tier alcohol distribution system and advocating for state-based alcohol regulations. They actively engage in advocacy before the government, aiming to enhance consumer choice and ensure a safe and well-regulated marketplace. Furthermore, the association is committed to educating the public about beverage alcohol policies and developing supportive policies that align with these objectives. Additionally, they foster a sense of camaraderie among their members, conduct workshops to enhance leadership and decision-making skills, and implement well-managed accounting systems for effective asset management.
Official website here: www.vbwa.org
Who is the CEO of Virginia Beer Wholesalers Association?
Philip H Boykin is the Chair of Virginia Beer Wholesalers Association. The CEO's salary of Virginia Beer Wholesalers Association is $269,560 and their total compensation is $314,036.
Official website here: www.vbwa.org
What is the revenue of Virginia Beer Wholesalers Association?
Virginia Beer Wholesalers Association's revenue in 2022 was $1,393,280.
Official website here: www.vbwa.org
Who are the executives of Virginia Beer Wholesalers Association and what are their salaries?
The average compensation at Virginia Beer Wholesalers Association during 2022 was $218,843. There are 2 employees and 6 volunteers at Virginia Beer Wholesalers Association.
Here are 8 key members and their salaries (Virginia Beer Wholesalers Association's CEO's salary is $269,560 and their total compensation is $314,036):
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- Compensation: $269,560
- Related: $0
- Other: $44,476
- Compensation: $93,038
- Related: $0
- Other: $30,612
Official website here: www.vbwa.org
Where can I find the form 990 for Virginia Beer Wholesalers Association?
Virginia Beer Wholesalers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vbwa.org
Learn more at the official website: www.vbwa.org
Mission Statement of Virginia Beer Wholesalers Association
Virginia Beer Wholesalers Association, a renowned organization, is dedicated to preserving the three-tier system in alcohol distribution. Their mission is twofold: firstly, they champion state-based alcohol regulation, ensuring a well-regulated marketplace. Secondly, they advocate before the government, advocating for policies that enhance consumer choice while maintaining a safe marketplace. Additionally, the association educates the public about beverage alcohol policies and develops supportive policies to uphold these objectives. By doing so, Virginia Beer Wholesalers Association fosters a better understanding and cooperation among its members, providing workshops on leadership and decision-making skills and implementing effective accounting systems to manage the association's assets.
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Impact
October, 2024
The Virginia Beer Wholesalers Association plays a crucial role in maintaining a well-regulated alcohol marketplace in Virginia by preserving the three-tier system of alcohol distribution. This system ensures that producers, wholesalers, and retailers operate independently, which helps maintain fair competition and consumer choice.
By championing state-based alcohol regulation, the association actively advocates for policies that protect both consumers and businesses. Their efforts support responsible alcohol sales and consumption while fostering a safe environment for all stakeholders. Through education initiatives, the association raises public awareness about the importance of sound alcohol policies, encouraging informed decisions among consumers.
The association also focuses on building a sense of community among its members. By conducting workshops on leadership and decision-making, it enhances the capabilities of its members, ensuring that they are well-equipped to navigate the complexities of the beverage alcohol industry. Moreover, developing effective accounting systems promotes financial responsibility and transparency within the association, helping members manage their assets effectively.
Overall, the Virginia Beer Wholesalers Association significantly contributes to consumer choice, safety, and the promotion of ethical practices within the beverage alcohol market in Virginia.
This information is meant to be a general summary of Virginia Beer Wholesalers Association. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,729
- Program Service Revenue: $1,384,551
- Gross Receipts: $1,393,280
Assets and Liabilities:
- Total Assets: $2,196,673
- Total Liabilities: $34,585
- Net Assets: $2,162,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,211,126
CONVENTION
Revenue
$173,425
Organization Details
Founding Year
1937
Phone
(804) 783-2655Principal Officer
Philip H Boykin
Main Address
17 EAST CARY STREEET, RICHMOND, VA, 23219
Website
www.vbwa.orgNTEE Category
Code: S41 - Community improvement
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