← PRESIDENTS FORUM OF THE BEVERAGE ALCOHOL INDUSTRY

Form 990 for tax year 2023

Filed by PRESIDENTS FORUM OF THE BEVERAGE ALCOHOL INDUSTRY.

Totals

Total revenue: $730,671
Total expenses: $1,173,165
Contributions and grants received: $0
Grants paid: $0
Program service revenue: $725,000
Investment income: $5,671
Other revenue: $0
Total assets, end of year: $324,014
Total liabilities, end of year: $130,477
Net assets or fund balances, end of year: $193,537
Program services expenses (Part IX): not reported
Management and general expenses: not reported
Fundraising expenses: not reported
Program service expenses (Part III): not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

2a · Program service revenue: Membership dues

total $725,000 · related or exempt $725,000
3 · Investment income

total $5,671 · excluded $5,671

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $292,503
7 · Other salaries and wages

total $167,250
9 · Other employee benefits

total $4,833
10 · Payroll taxes

total $29,449
11b · Fees: legal

total $5,290
11c · Fees: accounting

total $9,490
11g · Fees: other

total $446,000
12 · Advertising and promotion

total $450
13 · Office expenses

total $3,749
14 · Information technology

total $16,953
17 · Travel

total $23,507
22 · Depreciation, depletion and amortization

total $642
23 · Insurance

total $1,215
24a · Other expenses: Bad debt

total $95,000
24b · Other expenses: Event costs

total $75,164
24c · Other expenses: Professional dues

total $1,670

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $257,088 · end of year $291,690
4 · Accounts receivable

beginning of year $125,000 · end of year $30,000
10a · Land, buildings and equipment: cost or other basis

$5,932
10b · Land, buildings and equipment: accumulated depreciation

$3,608
10c · Land, buildings and equipment, net

beginning of year $2,965 · end of year $2,324
11 · Investments: publicly traded securities

beginning of year $321,668
17 · Accounts payable and accrued expenses

beginning of year $70,690 · end of year $130,477
27 · Net assets without donor restrictions

beginning of year $636,031 · end of year $193,537

Mission and programs · 2023

Mission

The Presidents' Forum d/b/a American Distilled SPirits Alliance (ADSA) is a national trade association representing leading companies with common needs and interests in manufacturing, importing, and marketing distilled spirits products in the United States and around the world. Our companies represent over 50 percent of all distilled spirit sales in the United States.

Activities or mission (Part I)

A leading distilled spirits trade association that works to ensure the safe and moderate consumption of alcoholic beverages produced and sold by its members.

Ensure the safe and moderate consumption of alcoholic beverage products produced and sold by its members. The organization supports an appropriate regulatory framework at both the Federal and State levels.
Support trade practice laws and enforcement to ensure a level playing field for industry members. Work cooperatively with trade groups, federal and state regulatory agencies to gain clarity and consistency of laws and regulations.
Develop and share best practices across the organization for the benefit of each member. Our "Statement of Responsible Practices" is a broad based set of best practices grounded in the core values of the organization and addresses a variety of industry related topics. Ethics, Safety, Employees, Diversity, Environmental, Corporate Citizentry, Social-Marketing and Sales.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Steven Brecher

Member

Total calculated

$0

Hours/week

1
Jeffrey O'Neill

Member

Total calculated

$0

Hours/week

1
Ernest Gallo

Member

Total calculated

$0

Hours/week

1
Sarah Bradley

Chair

Total calculated

$0

Hours/week

1
Phillipe Brechot

Member

Total calculated

$0

Hours/week

1
Jose Rivera

Member

Total calculated

$0

Hours/week

1
Ron Zier

Member

Total calculated

$0

Hours/week

1
Gray Ottley

Member

Total calculated

$0

Hours/week

1
Max Shapira

Member

Total calculated

$0

Hours/week

1
Mark Brown

Member

Total calculated

$0

Hours/week

1
Havey Allen

Member

Total calculated

$0

Hours/week

1
Mike Morgan

Member

Total calculated

$0

Hours/week

1
Michael Duggan

Member

Total calculated

$0

Hours/week

1
Mark Hubler

Member

Total calculated

$0

Hours/week

1
Donn Lux

Member

Total calculated

$0

Hours/week

1
Mick Harris

Member

Total calculated

$0

Hours/week

1
Mark Teasdale

Member

Total calculated

$0

Hours/week

1
Larrie Laird

Member

Total calculated

$0

Hours/week

1
Rudy Costello

Member

Total calculated

$0

Hours/week

1
Jonathan Yusen

Member

Total calculated

$0

Hours/week

1
Marc Taub

Member

Total calculated

$0

Hours/week

1
Roy Danis

Member

Total calculated

$0

Hours/week

1
Jeff Kozak

Member

Total calculated

$0

Hours/week

1
Daniel Walker

Member

Total calculated

$0

Hours/week

1
Mike Keyes

Member

Total calculated

$0

Hours/week

1
Jim O'Malley

Member

Total calculated

$0

Hours/week

1
Harvey R Chaplin

Member

Total calculated

$0

Hours/week

1
Matthew Dogali

President/CEO

Total calculated

$292,503

From this org

$269,500

From related orgs

$0

Other

$23,003

Hours/week

40

Schedule J breakdown matched by us

Base

$245,000

Bonus

$24,500

Other

$0

Deferred

$0

Nontaxable benefits

$23,003

Filer's total

$292,503
Thomas Perrick

National Director

Total calculated

$172,083

From this org

$167,250

From related orgs

$0

Other

$4,833

Hours/week

40

Schedule J breakdown matched by us

Base

$152,250

Bonus

$15,000

Other

$0

Deferred

$0

Nontaxable benefits

$4,833

Filer's total

$172,083

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Compensation committee
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Part I, Line 3: The Board of Directors determines and approves the CEO's annual salary.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 15 November 2024
IRS schema version: 2023v5.1
Source object: 202413209349307316

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