Civic Intelligence

Hoosier Beverage Association Inc

EIN 35-1633559 • 501(c)6 • Indianapolis, IN

Profile

The mission of hoosier beverage association is to serve its members by providing leadership programs and services to enhance their ability to conduct business successfully.

300 N Meridian 2700Indianapolis, IN 46204-1750

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

39th percentile

-4.9%

Higher net margin than 39% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

39th percentile

-7.0%

Faster asset growth than 39% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

41st percentile

-3.4%

Faster revenue growth than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$347,269

Down $6,690 (-1.9%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$347,269

Down $6,690 (-1.9%) from 2023

Revenue

Up

$137,422

Up $16,209 (+13%) from 2023

Expenses

Down

$144,112

Down $25,001 (-15%) from 2023

Net Income

Up

-$6,690

Up $41,210 (+86%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $237,925Liabilities 2010: $0Net Assets 2010: $237,9252010Assets 2011: $321,893Liabilities 2011: $0Net Assets 2011: $321,8932011Assets 2019: $440,859Liabilities 2019: $0Net Assets 2019: $440,8592019Assets 2020: $461,326Liabilities 2020: $0Net Assets 2020: $461,3262020Assets 2021: $423,402Liabilities 2021: $0Net Assets 2021: $423,4022021Assets 2022: $401,859Liabilities 2022: $0Net Assets 2022: $401,8592022Assets 2023: $353,959Liabilities 2023: $0Net Assets 2023: $353,9592023Assets 2024: $347,269Liabilities 2024: $0Net Assets 2024: $347,2692024

Highlighted filing

2024

Assets$347,269
Liabilities$0
Net Assets$347,269

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KExpenses 2010: $163,1082010Expenses 2011: $114,0502011Revenue 2019: $148,801Expenses 2019: $149,428Net Income 2019: -$6272019Revenue 2020: $148,036Expenses 2020: $127,569Net Income 2020: $20,4672020Revenue 2021: $147,357Expenses 2021: $185,281Net Income 2021: -$37,9242021Revenue 2022: $147,303Expenses 2022: $168,846Net Income 2022: -$21,5432022Revenue 2023: $121,213Expenses 2023: $169,113Net Income 2023: -$47,9002023Revenue 2024: $137,422Expenses 2024: $144,112Net Income 2024: -$6,6902024

Highlighted filing

2024

Revenue$137,422
Expenses$144,112
Net Income-$6,690

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$137,422
Mission and Program Overview

Mission

The mission of hoosier beverage association is to serve its members by providing leadership programs and services to enhance their ability to conduct business successfully.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$353,959$347,269▼ $6,690
Total Assets$353,959$347,269▼ $6,690
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$353,959$347,269▼ $6,690
Total Net Assets Fund Balance$353,959$347,269▼ $6,690
Total Liabilities and Net Assets / Fund Balance$353,959$347,269▼ $6,690
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve FernandezImmediate Past President
Craig SevernsPresident
James Wolf1st Vice President
Adam FicklinDirector
Alison PatientDirector
Brandon AlexanderDirector
Darren ClarkDirector
Dustin BoyceDirector
Francis EllertDirector
Gary EndersDirector
Hutch SchumakerDirector
Jeffrey BentonDirector
Kelly JoergerDirector
Lauren CraigDirector
Mark BickettDirector
Randy DowningDirector
Ryan MckelveyDirector
Scott BruceDirector
Steve LodgeDirector
Susan FairlessDirector
Diane Masariu CarterExecutive Director
Keith JaegerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$137,422
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-6,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,362
Grants and Similar Amounts Paid$18,750
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$118,341
Grants to Domestic Orgs---$18,750
Fees for Services Other---$3,230
Other Expenses---$250
Total Functional Expenses$0$0$0$144,112
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Braun Inaugural Celebration--Sponsorship$0
Republican State Leadership CommitteeWashington, DC-Sponsorship$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$24,017
Current Year Nondeductible Lobbying and Political Cost$10,651
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 1A

By-laws section 4.14: other committees. The board of directors, by resolution adopted by a majority of the board of directors, may create, and designate the members of, one or more committees, each of which shall consist of three (3) or more directors, which committees, to the extent provided in said resolution, shall have and excercise the authority of the board of directors in the management of the corporation.

Form 990, Part VI, Section A, Line 2

Hutch schumaker ii, craig severns, and e.p. Severns jr. - business relationship craig severns and e.p. Severns jr. - family relationship

Form 990, Part VI, Section A, Line 3

The organization delegates all management and administrative duties to faegre baker daniels llp.

Form 990, Part VI, Section A, Line 6

Hoosier beverage association has three classes of members which include (i) regular members, (ii) associate members, and (iii) life members. Regular members shall include any individual, firm, partnership, association, corporation or other entity engaged in the manufacturing, bottling or distribution of soft drinks, bottled water or other non-alcoholic beverages or the manufacturing of syrup for use in soft drinks, whose application for membership in the corporation has been accepted by the board of directors. Associate members shall include any other individual, firm, partnership, corporation or association engaged in the business of producing or dealing in apparatus, equipment, supplies or services used in the manufacturing, bottling or distribution of soft drinks or bottled water or other non-alcoholic beverages or in the manufacturing of syrup for use in soft drinks, whose application for membership as an association member has been accepted by the board of directors. Life members shall include any individual of acknowledged eminence in the soft drink industry, or one who has rendered particularly valuable service to the corporation or to the soft drink industry and whose eminence or service shall have inspired a majority vote of the voting members. Regular members and life members whose dues and special assessments for the current and all prior years have been paid shall be entitled to one vote at meetings of the members upon all questions. Associate members shall have no right to vote upon any question.

Form 990, Part VI, Section B, Line 11B

A final copy of the full form 990, including all applicable schedules, is providided to each memeber of the organizations governing body prior to filing with the irs.

Form 990, Part VI, Section B, Line 15

The organization does not have compensated officers or employees; therefore lines 15a and 15b do not apply and have been answered "no" in accordance with the form 990 instructions.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policies, and financial statements are not required disclosures pursuant to internal revenue code (irc) section 6104. These documents are not available to the public at this time.

Filing and Contact Details

Filer

Filer Name
Hoosier Beverage Association Inc
EIN
35-1633559
Phone
3172378266
Address
300 N MERIDIAN 2700, INDIANAPOLIS, IN 46204-1750

Signing Officer

Name
Diane Masariu Carter
Title
Executive Director
Phone
3172378266
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Masariu Carter
Formed
1988
Legal Domicile
In
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
0

Preparer

Firm
Cbiz Advisors LLC
Address
3925 RIVER CROSSING PKWY STE 100, INDIANAPOLIS, IN 46240
Preparer
C Brian Thrasher
Phone
3174722200
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IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TRAVEL EXPENSES:MEALS &
IRS990/OtherExpensesGrp/Desc1OPERATIONS:POSTAGE & DE
IRS990/OtherExpensesGrp/TotalAmt03541
IRS990/OtherExpensesGrp/TotalAmt1250
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DIANE MASARIU CARTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0111213
IRS990/PYGrantsAndSimilarPaidAmt021025
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0148088
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt010000
IRS990/PYRevenuesLessExpensesAmt0-47900
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0169113
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0121213
IRS990/ReconcilationRevenueExpnssAmt0-6690
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0353959
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0347269
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt012368
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/CarriedOverAmt011649
IRS990ScheduleC/DuesAssessmentsAmt0137422
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt013366
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt010651
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt024017
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/CashGrantAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt07500
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SPONSORSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SPONSORSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0REPUBLICAN STATE LEADERSHIP COMMITTEE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BRAUN INAUGURAL CELEBRATION
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01201 F ST NW STE 675
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020004
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BY-LAWS SECTION 4.14: OTHER COMMITTEES. THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE BOARD OF DIRECTORS, MAY CREATE, AND DESIGNATE THE MEMBERS OF, ONE OR MORE COMMITTEES, EACH OF WHICH SHALL CONSIST OF THREE (3) OR MORE DIRECTORS, WHICH COMMITTEES, TO THE EXTENT PROVIDED IN SAID RESOLUTION, SHALL HAVE AND EXCERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HUTCH SCHUMAKER II, CRAIG SEVERNS, AND E.P. SEVERNS JR. - BUSINESS RELATIONSHIP CRAIG SEVERNS AND E.P. SEVERNS JR. - FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DELEGATES ALL MANAGEMENT AND ADMINISTRATIVE DUTIES TO FAEGRE BAKER DANIELS LLP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOOSIER BEVERAGE ASSOCIATION HAS THREE CLASSES OF MEMBERS WHICH INCLUDE (I) REGULAR MEMBERS, (II) ASSOCIATE MEMBERS, AND (III) LIFE MEMBERS. REGULAR MEMBERS SHALL INCLUDE ANY INDIVIDUAL, FIRM, PARTNERSHIP, ASSOCIATION, CORPORATION OR OTHER ENTITY ENGAGED IN THE MANUFACTURING, BOTTLING OR DISTRIBUTION OF SOFT DRINKS, BOTTLED WATER OR OTHER NON-ALCOHOLIC BEVERAGES OR THE MANUFACTURING OF SYRUP FOR USE IN SOFT DRINKS, WHOSE APPLICATION FOR MEMBERSHIP IN THE CORPORATION HAS BEEN ACCEPTED BY THE BOARD OF DIRECTORS. ASSOCIATE MEMBERS SHALL INCLUDE ANY OTHER INDIVIDUAL, FIRM, PARTNERSHIP, CORPORATION OR ASSOCIATION ENGAGED IN THE BUSINESS OF PRODUCING OR DEALING IN APPARATUS, EQUIPMENT, SUPPLIES OR SERVICES USED IN THE MANUFACTURING, BOTTLING OR DISTRIBUTION OF SOFT DRINKS OR BOTTLED WATER OR OTHER NON-ALCOHOLIC BEVERAGES OR IN THE MANUFACTURING OF SYRUP FOR USE IN SOFT DRINKS, WHOSE APPLICATION FOR MEMBERSHIP AS AN ASSOCIATION MEMBER HAS BEEN ACCEPTED BY THE BOARD OF DIRECTORS. LIFE MEMBERS SHALL INCLUDE ANY INDIVIDUAL OF ACKNOWLEDGED EMINENCE IN THE SOFT DRINK INDUSTRY, OR ONE WHO HAS RENDERED PARTICULARLY VALUABLE SERVICE TO THE CORPORATION OR TO THE SOFT DRINK INDUSTRY AND WHOSE EMINENCE OR SERVICE SHALL HAVE INSPIRED A MAJORITY VOTE OF THE VOTING MEMBERS. REGULAR MEMBERS AND LIFE MEMBERS WHOSE DUES AND SPECIAL ASSESSMENTS FOR THE CURRENT AND ALL PRIOR YEARS HAVE BEEN PAID SHALL BE ENTITLED TO ONE VOTE AT MEETINGS OF THE MEMBERS UPON ALL QUESTIONS. ASSOCIATE MEMBERS SHALL HAVE NO RIGHT TO VOTE UPON ANY QUESTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A FINAL COPY OF THE FULL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, IS PROVIDIDED TO EACH MEMEBER OF THE ORGANIZATIONS GOVERNING BODY PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT HAVE COMPENSATED OFFICERS OR EMPLOYEES; THEREFORE LINES 15A AND 15B DO NOT APPLY AND HAVE BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0347269
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IRS990/TotalAssetsGrp/EOYAmt0347269
IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt00
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0353959
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0347269
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0137422
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0353959
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0300 N MERIDIAN 2700
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd0462041750
IRS990/VotingMembersGoverningBodyCnt022
IRS990/VotingMembersIndependentCnt022
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DIANE MASARIU CARTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03172378266
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOOSIER BEVERAGE ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HOOS
ReturnHeader/Filer/EIN0351633559
ReturnHeader/Filer/PhoneNum03172378266
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 N MERIDIAN 2700
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd0462041750
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0481111111
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03925 RIVER CROSSING PKWY STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046240
ReturnHeader/PreparerPersonGrp/PhoneNum03174722200
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C BRIAN THRASHER
ReturnHeader/ReturnTs02025-11-11T06:49:32-06:00
ReturnHeader/ReturnTypeCd0990

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