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NATIONAL ASSOCIATION OF CANNABIS BUSINESSES INC

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Public IRS 990 nonprofit record

NATIONAL ASSOCIATION OF CANNABIS BUSINESSES INC

EIN 93-2784295

What they do

THE NACB WAS ESTABLISHED IN ORDER to PROMOTE THE GENERAL WELFARE of THE CANNABIS INDUSTRY and ITS PARTICIPANTS BY FOSTERING PRACTICES INTENDED to SUPPORT and SUSTAIN THE GROWTH of THE INDUSTRY IN A MANNER CONSISTENT WITH NACBS TAX-EXEMPT PURPOSES. IN FURTHERANCE of THIS PURPOSE, THE OBJECTIVES of THE NACB ARE AS FOLLOWS:(A) to ASSIST ITS MEMBERS IN SERVING THEIR EQUITY HOLDERS, CUSTOMERS, EMPLOYEES, and COMMUNITY IN A RESPONSIBLE and PROFITABLE MANNER;(B) to IMPROVE THE COMPETITIVE ENVIRONMENT IN THE CANNABIS INDUSTRY BY FOSTERING THE SURVIVAL and PROSPERITY of CANNABIS-RELATED BUSINESSES IN THE UNITED STATES;(C) to PROVIDE ITS MEMBERS WITH EDUCATIONAL PROGRAMS and SERVICES and MEMBERSHIP COMMUNICATIONS SPECIFIC to THE CANNABIS INDUSTRY; AND(D) to MAKE RELEVANT and ACCURATE DATA AVAILABLE to POLICYMAKERS and LEGISLATORS IN ORDER to ENABLE THEM to MAKE INFORMED DECISIONS and to APPROPRIATELY DESIGN LAWS, REGULATIONS, RULES and GUIDANCE RELATING to THE CANNABIS INDUSTRY

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders2 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$99.67spent for every $100 of revenueRevenue covered expenses this year.
$0.00in assets for every $1 spent this yearSome assets cannot be spent right away.
91.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,500 for JOHN MURRY (TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$240,600
Expenses$239,808
Annual surplus $792 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$240,600
Expenses$239,808
Assets$792
Contributions$220,000
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JOHN MURRYTREASURER · 1 hrs/week $3,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (2)

JOHN MURRYTREASURER

JOSHUA LATERMANDIRECTOR, PRESIDENT, SECRETARY

About this charity

Location
17145 W BLUEMOUND RD, BROOKFIELD, WI 530055947
County
Waukesha
In care of
JOHN MURRY
Primary officer
JOHN MURRY, TREASURER

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
January 1, 2023
Return type
990
Tax preparer
SIKICH LLC

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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