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Kentucky Malt Beverage Council Inc

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

EIN: 861121433 ✦ Frankfort, KY ✦ Designated as a 501(c)(6)

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Overview

What is Kentucky Malt Beverage Council Inc?

Kentucky Malt Beverage Council Inc is a nonprofit organization dedicated to advocating for and supporting the malt beverage industry in the state of Kentucky. Their primary mission is to safeguard public well-being, encourage industry competition, and facilitate discussions to reach consensus on relevant issues. To accomplish this, they organize events and conferences and offer programs that subsidize promotional costs, enabling the exchange of ideas within the industry. The Council's objective is to foster a thriving and unified malt beverage sector in Kentucky.


Official website here: www.kymbc.org

Is Kentucky Malt Beverage Council Inc legitimate?

Kentucky Malt Beverage Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kentucky Malt Beverage Council Inc submitted a form 990EZ, 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.


Official website here: www.kymbc.org

What is the mission statement of Kentucky Malt Beverage Council Inc?

The Kentucky Malt Beverage Council Inc. is dedicated to fostering the malt beverage industry, with a primary goal of ensuring the safety, health, and well-being of the public. The council strives to maintain fair competition within the industry and organizes events such as conventions and conferences to reach a consensus on various issues. Furthermore, the organization provides programs designed to cover promotional expenses, enabling the further propagation and exchange of ideas within the malt beverage sector.


Official website here: www.kymbc.org

Who is the CEO of Kentucky Malt Beverage Council Inc?

Gregory Smith is the President of Kentucky Malt Beverage Council Inc.


Official website here: www.kymbc.org

What is the revenue of Kentucky Malt Beverage Council Inc?

Kentucky Malt Beverage Council Inc's revenue in 2022 was $105,065.


Official website here: www.kymbc.org

Who are the executives of Kentucky Malt Beverage Council Inc and what are their salaries?


Here are 4 key members and their salaries:


Gregory Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Sandlin (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Meisenheimer (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Baird (Executive Di)
  • Compensation: $84,413
  • Related: $0
  • Other: $0


Official website here: www.kymbc.org

Where can I find the form 990EZ for Kentucky Malt Beverage Council Inc?

Kentucky Malt Beverage Council Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.kymbc.org

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

Mission Statement of Kentucky Malt Beverage Council Inc

Kentucky Malt Beverage Council, a prominent organization in the malt beverage industry, is dedicated to promoting its sector in the state with a primary objective of ensuring the safety, health, and well-being of its citizens. The council's mission extends beyond just promoting the industry; it also aims to foster a healthy level of competition within the field. To achieve these goals, Kentucky Malt Beverage Council organizes conventions and conferences, serving as a platform for industry members to exchange ideas and arrive at a collective consensus on various matters.

In addition to these initiatives, the council also provides programs designed to cover promotional expenses, further boosting the visibility and reach of the malt beverage industry. By investing in these promotional efforts, Kentucky Malt Beverage Council aims to spread awareness about the industry and its offerings, ultimately contributing to its overall growth and development. The council's mission is a testament to its commitment to supporting the malt beverage industry while prioritizing the well-being of the public.

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Impact




October, 2024

Kentucky Malt Beverage Council Inc plays a vital role in shaping and advancing the malt beverage industry in Kentucky. By focusing on the safety, health, and welfare of citizens, the Council ensures that industry practices align with community standards and regulations. It actively fosters competition within the industry, which not only encourages innovation but also leads to a wider variety of malt beverages available to consumers.

The Council organizes conventions and conferences that bring industry stakeholders together, facilitating discussions on key issues that impact the sector. This collaborative approach helps establish a consensus on best practices and policies that benefit both producers and consumers. Furthermore, the Council provides programs to cover promotional expenses, enabling the exchange of ideas and enhancing the visibility of malt beverages in the state.

Through these efforts, the Kentucky Malt Beverage Council Inc significantly contributes to community improvement, supporting local economies and promoting responsible consumption while ensuring that the malt beverage industry thrives in a competitive and safe environment.




This information is meant to be a general summary of Kentucky Malt Beverage Council 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
$105,065 (2022)
Expenses
$123,354 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27
  • Program Service Revenue: $13,775
  • Gross Receipts: $105,065

Assets and Liabilities:

  • Total Assets: $33,452
  • Total Liabilities: $2,613
  • Net Assets: $30,839

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Organization Details

Principal Officer

Gregory Smith

Main Address

305 ANN STREET RM/STE 201, FRANKFORT, KY, 40601

NTEE Category

Code: S41 - Community improvement

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