2024-09-19T13:12:30-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2023-01-01 840802918 BREWERS ASSOCIATION INC BREW 3034470816 1327 SPRUCE STREET BOULDER CO 80302 DREW ROSANOVA FINANCE DIRECTOR 3034470816 2024-09-16 1 1 BECKY DETTMANN CPA P01408585 3037795710 2024-09-13 2023 2024-08-08 14:25:15Z DREW ROSANOVA 1327 SPRUCE STREET BOULDER CO 80302 25381126 0 X WWW.BREWERSASSOCIATION.ORG X 1979 CO TO PROMOTE SMALL & INDEPENDENT AMERICAN BREWERS, THEIR BEERS & THE COMMUNITY OF BREWING ENTHUSIASTS 22 22 62 3000 1433389 155352 1394514 1062234 22350298 22159819 501013 865254 554429 554663 24800254 24641970 179671 214194 0 0 7854332 8501655 0 0 26267 15566611 14796296 23600614 23512145 1199640 1129825 36404650 39197815 11976195 11590657 24428455 27607158 X THE BREWERS ASSOCIATION WILL SUPPORT THE LONGEVITY OF THE CRAFT BREWING COMMUNITY BY ADVANCING THESE STRATEGIC OBJECTIVES:-PROMOTE ACCESS TO MARKETS AND RAW MATERIALSCONTINUED ON SCHEDULE O 0 0 17710764 214194 21237144 PROMOTING AND PROTECTING SMALL AND INDEPENDENT AMERICAN BREWERS, THEIR CRAFT BEERS AND THE COMMUNITY OF BREWING ENTHUSIASTS. 17710764 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 246 0 1 62 1 1 1 0 0 0 1 1 0 0 0 X 22 22 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X DREW ROSANOVA 3034470816 1327 SPRUCE ST BOULDER CO 80302 GARRETT MARRERO BOARD CHAIR 1.00 0.00 X X 0 0 0 LEAH CHESTON VICE CHAIR 1.00 0.00 X X 0 0 0 PETER SKRBEK SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 DAN KLEBAN PAST CHAIR 1.00 0.00 X X 0 0 0 TOMME ARTHUR DIRECTOR 1.00 0.00 X 0 0 0 MARCUS BASKERVILLE DIRECTOR 1.00 0.00 X 0 0 0 BETTY BOLLAS DIRECTOR 1.00 0.00 X 0 0 0 TIM BRADY DIRECTOR 1.00 0.00 X 0 0 0 PAMELA BRULOTTE DIRECTOR 1.00 0.00 X 0 0 0 SHAWNA CORMIER DIRECTOR 1.00 0.00 X 0 0 0 COLBY COX DIRECTOR 1.00 0.00 X 0 0 0 CHRIS HERRON DIRECTOR 1.00 0.00 X 0 0 0 JASON LAVERY DIRECTOR 1.00 0.00 X 0 0 0 FRED MATT DIRECTOR 1.00 0.00 X 0 0 0 VIRGINIA MORRISON DIRECTOR 1.00 0.00 X 0 0 0 SARA NELSON DIRECTOR 1.00 0.00 X 0 0 0 JASON PERKINS DIRECTOR 1.00 0.00 X 0 0 0 HOLLY REDDING DIRECTOR 1.00 0.00 X 0 0 0 MELISSA ROMANO DIRECTOR 1.00 0.00 X 0 0 0 KRIS SPAULDING DIRECTOR 1.00 0.00 X 0 0 0 MITCH STEELE DIRECTOR 1.00 0.00 X 0 0 0 ROXANNE WESTENDORF DIRECTOR 1.00 0.00 X 0 0 0 BOB PEASE CEO 50.00 0.00 X 411106 0 46347 DREW ROSANOVA FINANCE DIRECTOR 50.00 0.00 X 153571 0 30895 STEPHANIE JOHNSON MARTIN SENIOR VP OF OPERATIONS 50.00 0.00 X 229803 0 22995 PAUL GATZA SENIOR VP PROFESSIONAL BREWING DIVISION 50.00 0.00 X 228860 0 35614 RYAN FARRELL VP OF STAFF DEVELOPMENT 50.00 0.00 X 207546 0 33764 NANCY JOHNSON SENIOR VP OF MEETINGS AND EVENTS 50.00 0.00 X 203383 0 31259 MARC SORINI GENERAL COUNSEL 50.00 0.00 X 414982 0 45572 1849251 0 246446 29 0 1 0 PRODUCTION RESOURCE GROUP 539 TEMPLE HILL ROAD NEW WINDSOR NY 12553 EVENT AUDIO/VISUAL 827581 TOWN & COUNTRY RESORT 500 HOTEL CIRCLE NORTH SAN DIEGO CA 92108 EVENT HOSTING FACILITY 250217 BACKBONE GROUP LLC 65 NORTH 4TH STREET SUITE 1 CARBONDALE CO 81623 MARKETING/PUBLIC RELATIONS 224234 INGRESS 2760 RAINTREE DRIVE SOUTHLAKE TX 76092 EVENT SECURITY 200098 CRAFTED FOR ALL LLC 2920 W BROAD ST STE 82 RICHMOND VA 23230 DEI SUPPORT 187294 6 1062234 1062234 PROJECTS & SERVICES 541900 16413807 16413807 MEMBERSHIP DUES 611430 4268747 4268747 ADVERTISING 541800 1433389 1433389 BOOK DEVELOPMENT 513130 43876 43876 22159819 773565 773565 43949 43949 686789 594756 344 92033 -344 91689 91689 654770 144056 510714 510714 24641970 21237144 1433389 909203 214194 214194 775369 142423 632946 6232950 4219939 2013011 347637 235363 112274 637362 431518 205844 508337 344163 164174 34255 17539 16716 54890 9500 45390 2202815 1677567 514188 11060 553546 553546 1803102 1573508 229594 867493 241053 611233 15207 54733 54733 510559 292772 217787 1717456 1511080 206376 5376415 5331135 45280 3218 3218 282552 6621 275931 195624 43999 151625 UBIT TAX EXPENSE 33125 33125 INVENTORY WRITEOFF 285080 285080 OTHER TAX EXPENSE 249452 71706 177746 REFERENCE INFO 102152 94869 7283 469829 325331 144498 23512145 17710764 5775114 26267 3606681 3277219 23010805 26947559 884774 561005 477720 508040 740779 282747 1312672 1517074 6131579 1714616 4439086 4416963 470311 436780 1461822 1250428 36404650 39197815 1377413 1273311 9110190 8976051 1488592 1341295 11976195 11590657 X 24428455 27607158 24428455 27607158 36404650 39197815 1129825 2048878 0 X X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 3116501 95389 68707 164096 96612 67484 2035258 2035258 2981382 952385 2028997 483687 249587 234100 631252 512644 118608 4416963 CUSTOMER DEPOSITS 85099 DEFERRED COMP PAYABLE 457(F) PLAN 485215 RIGHT OF USE LEASE LIABILITY 770981 1341295 X 26690848 2048878 2048878 24641970 0 24641970 23512145 0 23512145 0 23512145 PART X, LINE 2: THE ASSOCIATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE IRC. THE ASSOCIATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. THE ASSOCIATION ENGAGES IN CERTAIN ACTIVITIES THAT PRODUCE UNRELATED BUSINESS INCOME AS DEFINED BY FEDERAL INCOME TAX REGULATIONS. INCOME TAX EXPENSE ON UNRELATED BUSINESS ACTIVITIES AND ADVERTISING TOTALED $33,125 AND $68,115 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, RESPECTIVELY. THE ASSOCIATION APPLIES A MORE LIKELY THAN NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF DECEMBER 31, 2023 AND 2022. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED AS GENERAL AND ADMINISTRATIVE EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF DECEMBER 31, 2023 AND 2022. NORTH AMERICA 0 0 PROGRAM SERVICES EXPORT DEVELOPMENT 34457 EAST ASIA AND THE PACIFIC 1 1 PROGRAM SERVICES EXPORT DEVELOPMENT 313795 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES EXPORT DEVELOPMENT 397048 1 2 0 0 1 2 745300 0 745300 0 0 0 0 0 0 PART I, LINE 3: EXPENDITURES FOR ACTIVITIES CONDUCTED IN EACH REGION WERE ACCOUNTED FOR UNDER THE ACCRUAL METHOD OF ACCOUNTING. 1 COMMUNITY RESOURCE CENTER 218 OMOHUNDRO PLACE NASHVILLE TN 37210 621308387 501(C)(3) 48117 0 N/A N/A SOCIAL IMPACT PROJECT FOR HOST CITY OF TRADE SHOW. NATIONAL BLACK BREWERS ASSOCIATION PO BOX 5757 SACRAMENTO CA 95817 921662333 501(C)(6) 7351 0 N/A N/A TRAVEL GRANTS TO ATTEND TRADE SHOW. 1 1 PART I, LINE 2: THE BREWERS ASSOCIATION REQUIRES GRANT PROPOSALS TO INCLUDE SPECIFIC USE OF THE FUNDS REQUESTED BY SUBMITTING APPLICATIONS TO BE REVIEWED BY BREWERS ASSOCIATION STAFF TO DETERMINE ELIGIBILITY. X X X X 0 1 0 MARC SORINI GENERAL COUNSEL 407383 0 7599 0 0 0 27076 0 18496 0 460554 0 0 0 BOB PEASE CEO 367244 0 43862 0 0 0 24562 0 21785 0 457453 0 0 0 PAUL GATZA SENIOR VP PROFESSIONAL BREWING DIVISION 201549 0 27311 0 0 0 14338 0 21276 0 264474 0 0 0 STEPHANIE JOHNSON MARTIN SENIOR VP OF OPERATIONS 202561 0 27242 0 0 0 14302 0 8693 0 252798 0 0 0 RYAN FARRELL VP OF STAFF DEVELOPMENT 182244 0 25302 0 0 0 13200 0 20564 0 241310 0 0 0 NANCY JOHNSON SENIOR VP OF MEETINGS AND EVENTS 178938 0 24445 0 0 0 10695 0 20564 0 234642 0 0 0 DREW ROSANOVA FINANCE DIRECTOR 145972 0 7599 0 0 0 10535 0 20360 0 184466 0 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATE IN A SECTION 457(F) PLAN, WITH THE AMOUNTS BELOW PAID INTO THE PLAN DURING THE YEAR. BOB PEASE $131,290 STEPHANIE JOHNSON MARTIN $6,218 NANCY JOHNSON $16,462 PAUL GATZA $10,290 RYAN FARRELL $3,596 FORM 990, PART III, LINE 1 -SUPPORT RESEARCH AND ADVANCES IN SUSTAINABILITY, EDUCATION, TECHNOLOGY, AND RAW MATERIALS -EXERCISE POLITICAL INFLUENCE TO SECURE FAIR LEGISLATIVE AND REGULATORY TREATMENT -FOSTER THE COMMITMENT TO HOLISTIC SAFETY, QUALITY, AND OPERATIONAL EXCELLENCE -EDUCATE CONSUMERS, RETAILERS, AND WHOLESALERS TO VALUE AND CHAMPION BEER FROM CRAFT BREWERS AND TO GROW THE MARKET -ENCOURAGE INNOVATION, COLLABORATION, AND A COMMITMENT TO A THRIVING BEER CULTURE AMONG CRAFT BREWERS, HOMEBREWERS, AND BEER ENTHUSIASTS -ENSURE TRUST WITH OUR MEMBERS -CONTINUOUSLY ADOPT AND PROMOTE ORGANIZATIONAL PRACTICES THAT ARE SO INCLUSIVE, EQUITABLE, AND JUST THAT DIVERSITY OF ALL KINDS FLOURISHES -PROMOTE AND SUPPORT THE WELL-BEING (AND A SENSE OF BELONGING) OF THE PEOPLE OF THE CRAFT BREWING COMMUNITY -PROMOTE SUSTAINABLE OPERATIONAL PRACTICES THAT ENHANCE ENVIRNMENTAL STEWARDSHIP -PRESERVE AND SHARE BREWING HISTORY AND KNOWLEDGE -PROMOTE BUSINESS PRACTICES THAT IMPROVE ECONOMIC AND SOCIAL SUSTAINABILITY -PROMOTE INDEPENDENT BREWERS FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, THE VICE CHAIR, THE SECRETARY/TREASURER, THE PAST BOARD CHAIR, AND THE PRESIDENT. THEY ARE ALSO MEMBERS OF THE GOVERNING BODY. THE BOARD OF DIRECTORS MAY, BY A MAJORITY VOTE OF ITS MEMBERS, DESIGNATE AN EXECUTIVE COMMITTEE CONSISTING OF THE OFFICERS OF THE CORPORATION AND MAY DELEGATE TO SUCH COMMITEE THE POWERS AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION, TO THE EXTENT PERMITTED BY PROVISIONS OF THE LAW. BY MAJORITY VOTE OF ITS MEMBERS, THE BOARD MAY AT ANY TIME REVOKE OR MODIFY ANY OR ALL EXECUTIVE COMMITTEE AUTHORITY SO DELEGATED. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE THREE CLASSES OF MEMBERSHIP LISTED IN THE BREWER'S ASSOCIATION'S BY-LAWS: (1) PROFESSIONAL PACKAGING, TAPROOM, AND PUB BREWERS; (2) AMERICAN HOMEBREWERS ASSOCIATION MEMBERS; (3) ASSOCIATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE PROFESSIONAL PACKAGING BREWERS, TAPROOM, AND THE PUB BREWERS MAY ELECT MEMBERS OF THE BREWER'S ASSOCIATION GOVERNING BODY. MEMBERS OF THE AMERICAN HOMEBREWER'S ASSOCIATION (AHA) ELECT MEMBERS TO THE AHA GOVERNING COMMITTEE. THE AHA GOVERNING COMMITTEE SELECTS TWO MEMBERS FROM THE AHA GOVERNING COMMITTEE TO SIT ON THE BOARD OF THE BREWER'S ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE ORGANIZATIONS INDEPENDENT CPA WITH INFORMATION PROVIDED BY MANAGEMENT. THE RETURN IS REVIEWED IN DETAIL BY THE ORGANIZATION'S FINANCE DIRECTOR. THE BOARD OF DIRECTORS RECEIVE A COPY OF THE RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BREWERS ASSOCIATION STAFF MEMBERS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. DISCUSSIONS OF WHETHER A CONFLICT OF INTEREST EXISTS ARE DETERMINED AT THE SENIOR MANAGEMENT LEVEL WITH BY THE CEO/PRESIDENT AND VP OF STAFF DEVELOPMENT AND THE SENIOR LEADER WHO OVERSEES THE RELEVANT DEPARTMENT. ACTUAL CONFLICTS ARE ALSO REVIEWED AT THE SENIOR MANAGEMENT LEVEL BY THE CEO/PRESIDENT, VP OF STAFF DEVELOPMENT AND THE SENIOR LEADER WHO OVERSEES THE RELEVANT DEPARTMENT. AN EXAMPLE OF A RESTRICTION IMPOSED WHEN A CONFLICT OF INTEREST AT THE STAFF LEVEL IS DETERMINED WOULD BE RESTRICTING THAT PERSON FROM CONDUCTING OUTSIDE BUSINESS WITH A BREWERS ASSOCIATION MEMBER OR CUSTOMER. BOARD OF DIRECTORS MEMBERS HAVE A FIDUCIARY DUTY TO CONDUCT THEMSELVES WITHOUT CONFLICT TO THE INTEREST OF THE BREWERS ASSOCIATION. BOARD MEMBERS MUST SUBORDINATE PERSONAL, INDIVIDUAL BUSINESS, THIRD-PARTY AND OTHER INTERESTS TO THE WELFARE AND BEST INTERESTS OF THE BREWERS ASSOCIATION. A CONFLICT OF INTEREST IS A TRANSACTION OR RELATIONSHIP, WHICH PRESENTS OR MAY PRESENT A CONFLICT BETWEEN BOARD MEMBER OBLIGATIONS TO THE BREWERS ASSOCIATION AND BOARD MEMBER PERSONAL, BUSINESS, OR OTHER INTERESTS. FULL DISCLOSURE OF ALL ACTUAL AND POTENTIAL CONFLICTS, AND A DETERMINATION BY THE DISINTERESTED BOARD (OR THE BREWERS ASSOCIATION EXECUTIVE COMMITTEE) MEMBERS WITH THE INTERESTED BOARD MEMBERS RECUSED FROM PARTICIPATING IN DEBATES AND VOTING ON THE MATTER ARE REQUIRED. ALL ACTUAL AND POTENTIAL CONFLICTS OF INTEREST SHOULD BE DISCLOSED BY TO THE BREWERS ASSOCIATION EXECUTIVE COMMITTEE THROUGH AN ANNUAL DISCLOSURE FORM AND/OR WHENEVER A CONFLICT ARISES. THE DISINTERESTED MEMBERS OF THE BREWERS ASSOCIATION EXECUTIVE COMMITTEE SHALL MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION (IF ANY) IS APPROPRIATE. THE EXECUTIVE COMMITTEE SHALL INFORM THE BOARD OF SUCH DETERMINATION AND ACTION. THE BOARD SHALL RETAIN THE RIGHT TO MODIFY OR REVERSE SUCH DETERMINATION AND ACTION AND SHALL RETAIN THE ULTIMATE ENFORCEMENT AUTHORITY WITH RESPECT TO THE INTERPRETATION AND APPLICATION OF THIS POLICY. ON AN ANNUAL BASIS, ALL BOARD MEMBERS SHALL BE PROVIDED WITH A COPY OF THIS POLICY AND SHALL BE REQUIRED TO COMPLETE AND SIGN THE ACKNOWLEDGEMENT AND DISCLOSURE FORM BELOW. ALL COMPLETED FORMS SHALL BE PROVIDED TO AND REVIEWED BY THE BREWERS ASSOCIATION EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 DETERMINATION OF SALARIES: THE SALARY LEVEL (AND ADDITIONAL COMPENSATION PACKAGE ITEMS) FOR THE CEO/PRESIDENT OF THE BREWERS ASSOCIATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMMITTEE CONSISTS OF THE CHAIR, VICE-CHAIR, TREASURER, AND THE PAST-CHAIR. ADDITIONALLY, THIS GROUP IS RESPONSIBLE FOR DETERMINING ANY YEAR-END BONUS FOR THE CEO/PRESIDENT OF THE ASSOCIATION. THE ENTIRE BOARD OF DIRECTORS IS RESPONSIBLE FOR APPROVING THE SALARY EXPENSE FOR GENERAL STAFF AND MANAGEMENT AS A WHOLE, BY WAY OF APPROVING THE UPCOMING YEAR'S FISCAL BUDGET. ADDITIONALLY, THE BOARD APPROVES ANY BONUS AWARDED TO STAFF AT YEAR-END. BONUS COMPENSATION FOR THE CEO/IS DETERMINED SEPARATELY BY THE BOD EXECUTIVE COMMITTEE. THE CEO/PRESIDENT SETS THE SALARY LEVELS OF MANAGEMENT (WITHIN THE PARAMETERS OF THE BUDGET APPROVED BY THE BOARD.) INDIVIDUAL MANAGERS WILL SET THE SALARIES FOR THE EMPLOYEES WHO REPORT DIRECTLY TO THEM (WITHIN THE PARAMETERS OF THE BUDGET APPROVED BY THE BOARD AND BASED ON APPROVAL BY CEO/PRESIDENT.) OCCURANCE OF SALARY CHANGES: SALARY LEVELS ARE REVIEWED AND POTENTIALLY INCREASED AT THE END OF EACH FISCAL/CALENDAR YEAR. IN CASES OF MID-YEAR PROMOTION, OR JOB-DUTY CHANGES, SALARY LEVELS MAY BE ADJUSTED MID-YEAR. COMPENSATION RESEARCH & ANALYSIS: THE HR DEPARTMENT PROVIDES A MARKET BASED COMPENSATION STUDY EVERY TWO YEARS, WHICH INCLUDES DATA FROM THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE), ASSOCIATION TRENDS (NATIONAL NON-PROFITS) AND A LOCAL EMPLOYMENT ASSOCIATION - MOUNTAIN STATES EMPLOYERS COUNCIL (MSEC). THE FACTORS CONSIDERED IN THE STUDY INCLUDE STAFF SIZE, BUDGET SIZE, ORGANIZATION TYPE, JOB DESCRIPTION, AND JOB DUTIES. THIS STUDY IS PRESENTED TO THE CEO/PRESIDENT AND PROVIDES BACKGROUND FOR SALARY CHANGE DECISIONS. EMPLOYEE PERFORMANCE IS ALSO AN IMPORTANT FACTOR IN DETERMINING SALARY CHANGES. THE ASSOCIATION UTILIZED AN EXECUTIVE COMPENSATION CONSULTANT IN 2022 TO ANALYZE CEO/PRESIDENT COMPENSATION AND PROVIDED RESULTS TO THE EXECUTIVE COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S BY-LAWS ARE AVAILABLE TO THE PUBLIC THROUGH ASSOCIATION'S WEBSITE (WWW.BREWERSASSOCIATION.ORG). FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. BREWERS ASSOCIATION POLITICAL ACTION COMMITTEE 1327 SPRUCE ST BOULDER CO 80302 832754728 LOBBYING CO 527 BREWER'S ASSOCIATION INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0