Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 15b COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES | COMPENSATION FOR THE VICE PRESIDENT IS DETERMINED BY THE PRESIDENT IN ACCORDANCE WITH THE YEARLY BUDGET PROVIDED BY THE BOARD OF THE DIRECTORS. THE ORGANIZATION DID NOT COMPENSATE ANY OF ITS OTHER OFFICERS OR KEY EMPLOYEES DURING THE TAX YEAR. |
| Form 990, Part VI, Line 15a COMPENSATION OF TOP MANAGEMENT OFFICIAL | COMPENSATION FOR CBBD'S PRESIDENT IS DETERMINED AND APPROVED BY THE CBBD BOARD OF DIRECTORS. THE BOARD OF DIRECTORS APPROVE A PERCENTAGE INCREASE FOR THE NEXT FISCAL YEAR BASED ON CURRENT WAGE. CBBD'S CHAIR PROVIDES A MEMO TO CONFIRM BOARD ACTIONS. OFFICIALLY COMPARABILITY DATA IS NOT USED AT THIS TIME. |
| Form 990, Part VI, Line 2 Family/business relationships amongst interested persons | STEVEN SOURAPAS AND THOMAS REYES - Business relationship |
| Form 990, Part VI, Line 6 Classes of members or stockholders | MEMBERSHIP IS COMPRISED SOLELY OF CALIFORNIA-BASED BEER AND BEVERAGE DISTRIBUTORS. THE CORPORATION HAS TWO CLASSES OF MEMBERSHIP; VOTING MEMBERS AND NON-VOTING MEMBERS |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | BOARD OF DIRECTORS SECTION 1. Board Number and Composition A. Board Powers and Size 1. The powers of this Corporation shall be vested in a Board of Directors. 2. The Board of Directors shall be comprised of not more than six (6) members. The President/CEO of the Corporation shall serve as an ex officio member of the Board without the right to vote and shall not be counted for purposes of establishing a quorum. B. Officers and Directors 1. Officers Officers shall be comprised of the Immediate Past Chair, Chair, President/CEO, Vice Chair and Chief Financial Officer/Secretary. 2. Member Directors Two (2) Member Directors shall serve on the Board. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | Management reviewed the copy of the return provided by the paid tax preparer in detail, THE BOARD OF DIRECTORS were then GIVEN A COPY OF FORM 990 prior to filing with the IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | CONFLICTS OF INTEREST MAY ARISE OVER FIDUCIARY OR POLICY MATTERS BEFORE THE BOARD OF DIRECTORS. THE CHAIR OF THE BOARD OR OTHER PRESIDING OFFICER, AT A MEETING WHEREIN A CONFLICT OF INTEREST ARISES, MAY DETERMINE THAT A DIRECTOR(S) HAS A CONFLICT OF INTEREST AND MAY REQUEST THE DIRECTOR(S) TO RECUSE HIM OR HERSELF WHILE THE ISSUE IS BEING DISCUSSED AND/OR VOTED ON. IN ANY INSTANCE WHERE A DIRECTOR HAS A CONFLICT OF INTEREST, IT IS INCUMBENT UPON THE DIRECTOR TO DISCLOSE THE CONFLICT TO THE BOARD TO RECUSE HIM OR HERSELF FROM DISCUSSING AND/OR VOTING ON THE MATTER. |
| Form 990, Part VI, Line 19 Required documents available to the public | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC |
| Software ID: | 22016089 |
| Software Version: | 2022v5.0 |