| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ 0 including grants of $ 0)(Revenue $ 0) SmartLabel: This program is a voluntary digital transparency initiative that allows consumers to find more detailed information about the products they use and consume, beyond the printed label. The initiative spans food, beverage, personal care, household, supplement, over-the-counter, and pet care products. |
| Form 990, Part VI, Line 15 | Specific to the President and CEO, a salary survey was obtained in 2018 and the base salary rate has remained unchanged. The 2023 compensation, exclusive of a tax gross-up of $8,722, was reviewed and approved by the compensation committee of the Board of Directors. The tax gross-up was approved by CBA's interim acting CEO. Compensation recommendations for other officers and key employees are reviewed and approved by CBA's CEO. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | There are two categories of membership in CBA: Under the terms of the bylaws approved in February 2021, membership classes include the following: 1. Core members: Entities engaged in the manufacture of consumer packaged goods. 2. Individual members: Any individual who is committed to the objectives of the Association and satisfies the requirements which may be established from time to time. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | The governing body of CBA is its Board of Directors. Under the bylaws approved Feb. 2021, voting members include Core members with annual total sales of at least $1 billion. Each voting member in good standing shall be entitled to elect one director who will be its representative and to vote for the election of At-Large Directors. From one to fifteen At-Large Directors may be elected from the Core members who are not voting members to assure a balance of representation in terms of size and product categories. Voting members shall have terms of two years. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | CBA's Federal Form 990 is reviewed by the Director of Accounting, VP of Operations and by General Counsel. Such review takes place upon receipt of the draft Form 990 received from the independent public accounting firm who conducts the consolidated financial statement audit of CBA. The review involves comparison of financial data in the Form 990 with the audited financial statements and the books and records of CBA and review of all narrative information for accuracy and completeness by the appropriate CBA staff. |
| Form 990, Part VI, Line 12c Conflict of interest policy | CBA has a written conflict of interest policy for the board though members were not asked to sign the form. In addition to the written conflict of interest policy, CBA's in-house legal counsel regularly reviews antitrust and conflict of interest policies at board meetings and most committee meetings. Members of the CBA Finance and Audit Committee shall make an initial determination as to whether a conflict exists and what subsequent action is appropriate, if any. The CBA Finance and Audit 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. |
| Form 990, Part VI, Line 19 Required documents available to the public | CBA makes its Form 990 available upon request. Audited financial statements and governing documents may be made available upon CBA's consideration of the request. |
| Form 990, Part VIII, Line 2f Other Program Service Revenue | Other Income - Total Revenue: 133808, Related or Exempt Function Revenue: 133808, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | CBA Commissions - Total Revenue: 15269, Related or Exempt Function Revenue: 15269, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Miscellaneous - Total Revenue: 9488, Related or Exempt Function Revenue: 9488, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part IX, Line 11g Other Fees | Recruiting Fees - Total Expense: 20732, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Temporary Help - Total Expense: 8802, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Other Consulting - Total Expense: 2046824, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Professional Fees & Services - Total Expense: 773173, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Net Unrecognized Actuarial Gain - 771619; |
| Form 990, Part XII, Line 2c | The Finance and Audit Committee of the Consumer Brands Association is Consumer Brands Association is responsible, annually, for the approval of the independent public accounting firm who conducts the consolidated financial statement audit of CBA and for the approval of the consolidated audited financial statements. This process is unchanged from the prior year. |
| Software ID: | 23017437 |
| Software Version: | 2023v5.1 |