2024-11-13T11:39:40-06:00 2023-12-31 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2023-01-01 237325853 BAY AREA COUNCIL BAYA 4159816600 353 SACRAMENTO STREET 10TH FLOOR SAN FRANCISCO CA 94111 JULIE ROWE CFO 4157865526 2024-11-12 1 1 MATTHEW PETROSKI P00853132 9257902600 2024-11-10 2023 2024-10-15 13:58:12Z X JULIE ROWE 353 SACRAMENTO STREET 10TH FLOOR SAN FRANCISCO CA 94111 7641052 0 X WWW.BAYAREACOUNCIL.ORG X 1945 CA BAY AREA COUNCIL (BAC) ARE BUSINESS LEADERS COMMITTED TO WORKING WITH PUBLIC AND CIVIC LEADERS TO MAKE THE BAY AREA THE MOST INNOVATIVE, GLOBALLY COMPETITIVE, AND SUSTAINABLE REGION IN THE WORLD. 159 159 34 159 0 0 5325232 5622517 1635091 1834201 2240 3740 -293430 -385028 6669133 7075430 115125 8500 0 0 4613036 4711943 0 0 282854 1233492 1945473 5961653 6665916 707480 409514 8385356 32202170 2735259 25835696 5650097 6366474 X OUR PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE SUCCESSES WITHIN THE POLICY AND RESEARCH FRAMEWORK FOR BAY AREA INFRASTRUCTURE INCLUDING TRANSPORTATION, HOUSING AND LAND USE, HOMELESSNESS, WORKFORCE OF THE FUTURE, GENDER EQUITY AND DIVERSITY, WATER & CLIMATE RESILIENCE, EARLY CHILDHOOD EDUCATION, GOVERNMENT RELATIONS, HEALTHCARE & ENERGY. 0 0 4612575 8500 529900 COMBINED POLICY PROGRAMS AND PROJECTS INCLUDE TRANSPORTATION, HOUSING AND LAND USE, HOMELESSNESS, WORKFORCE DEVELOPMENT, GENDER EQUITY AND DIVERSITY, WATER AND CLIMATE RESILIENCE, EARLY CHILDHOOD EDUCATION, GOVERNMENT RELATIONS, HEALTHCARE AND ENERGY. 576572 1304301 THE BAY AREA COUNCIL ECONOMIC INSTITUTE COMMISSIONS TOP QUALITY RESEARCH PROJECTS AND PROVIDES POLLING ON VARIOUS SUBJECT MATTERS. RESEARCH AND INVESTIGATIVE REPORTS ARE COMPILED SO THAT OBJECTIVE DECISIONS CAN BE MADE CONCERNING POLICY FORMATION. RESEARCH WORK IS PERFORMED IN EACH OF THE DEFINED PROGRAM AREAS TO INCLUDE TRANSPORTATION, HOUSING AND LAND USE, HOMELESSNESS, WORKFORCE DEVELOPMENT, GENDER EQUALITY AND DIVERSITY, WATER AND CLIMATE RESILIENCE, EARLY CHILDHOOD EDUCATION, GOVERNMENT RELATIONS, HEALTHCARE AND ENERGY. 576570 THE BAY AREA FAMILY OF FUNDS FOCUSES ON REDUCING POVERTY AND ENCOURAGING SMART GROWTH IN BAY AREA LOW AND MODERATE-INCOME ("LMI") NEIGHBORHOODS. 5765717 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 18 0 1 34 1 0 1 CH 0 0 1 1 0 0 0 X 159 159 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X JULIE ROWE CFO 4157865526 353 SACRAMENTO STREET 10TH FLOOR SAN FRANCISCO CA 94111 KRISTINA LAWSON CHAIR 2.00 1.00 X X 0 0 0 CHRIS RIVIELLE SECRETARY 2.00 X X 0 0 0 PHILLIP MAZZIE TREASURER 2.00 X X 0 0 0 AARON FENTON MEMBER 2.00 X 0 0 0 ADAM VAN DE WATER MEMBER 2.00 X 0 0 0 AIDAN ALI-SULLIVAN MEMBER 2.00 X 0 0 0 ALAN GOLDSMITH MEMBER 2.00 X 0 0 0 ALEX LEONARD MEMBER 2.00 X 0 0 0 ALEX MAKLER MEMBER 2.00 X 0 0 0 ALEX MEHRAN SR MEMBER 2.00 1.00 X 0 0 0 ALICIA MCKNIGHT MEMBER 2.00 X 0 0 0 ALISON HAGAN MEMBER 2.00 X 0 0 0 ALLEN NAPETIAN MEMBER 2.00 X 0 0 0 ALLISON ROSE MEMBER 2.00 X 0 0 0 AMY WIREMAN MEMBER 2.00 X 0 0 0 ANNE BAKAR MEMBER 2.00 X 0 0 0 ANNE CHRISTIE MEMBER 2.00 X 0 0 0 BETH ANDERSEN MEMBER 2.00 X 0 0 0 BOB POWERS MEMBER 2.00 X 0 0 0 BOB REIDY MEMBER 2.00 X 0 0 0 BRANDON SCHNEIDER MEMBER 2.00 1.00 X 0 0 0 BRANDON SHORENSTEIN MEMBER 2.00 1.00 X 0 0 0 BRENDA SANTORO MEMBER 2.00 X 0 0 0 CAITLIN O'NEILL MEMBER 2.00 X 0 0 0 CARLA PETERMAN MEMBER 2.00 1.00 X 0 0 0 CAROL CHRIST MEMBER 2.00 X 0 0 0 CATHY SANDEEN MEMBER 2.00 X 0 0 0 CHRIS CIMINO MEMBER 2.00 1.00 X 0 0 0 CHRIS FARALLI MEMBER 2.00 X 0 0 0 CHRIS GRUWELL MEMBER 2.00 X 0 0 0 CHRIS TROTIER MEMBER 2.00 X 0 0 0 CHRISTINE DEL ROSARIO MEMBER 2.00 X 0 0 0 CLIFFORD CHAN MEMBER 2.00 X 0 0 0 CLINT REILLY MEMBER 2.00 1.00 X 0 0 0 CYNTHIA TENIENTE-MATSON MEMBER 2.00 X 0 0 0 DANNY WAN MEMBER 2.00 1.00 X 0 0 0 DARLENE GEE MEMBER 2.00 X 0 0 0 DAVE HOPKINS MEMBER 2.00 X 0 0 0 DAVE KAVAL MEMBER 2.00 X 0 0 0 DAVID STERNBERG MEMBER 2.00 X 0 0 0 DAVID TUCKER MEMBER 2.00 X 0 0 0 DAVID WEISS MEMBER 2.00 X 0 0 0 DEAN FEALK MEMBER 2.00 X 0 0 0 DENIS MULLIGAN MEMBER 2.00 X 0 0 0 DENNIS HERRERA MEMBER 2.00 X 0 0 0 ELAINE FORBES MEMBER 2.00 X 0 0 0 EMILY PRIETO-TSEREGOUNIS MEMBER 2.00 X 0 0 0 ERIKA WEBB-HUGHES MEMBER 2.00 X 0 0 0 EVETTE DAVIS MEMBER 2.00 X 0 0 0 FRED NARANJO MEMBER 2.00 X 0 0 0 GABE METCALF MEMBER 2.00 X 0 0 0 GARY DILLABOUGH MEMBER 2.00 X 0 0 0 GARY HALL MEMBER 2.00 X 0 0 0 GEORGE CLEVER MEMBER 2.00 X 0 0 0 GEORGE MARCUS MEMBER 2.00 X 0 0 0 GEORGE ROBERTS MEMBER 2.00 X 0 0 0 GERARD OROZCO MEMBER 2.00 X 0 0 0 GREG MCWILLIAMS MEMBER 2.00 X 0 0 0 HARSHUL ASNANI MEMBER 2.00 X 0 0 0 HENRY PEREA MEMBER 2.00 X 0 0 0 HYDRA MENDOZA MEMBER 2.00 X 0 0 0 IVAR SATERO MEMBER 2.00 1.00 X 0 0 0 JACK SCHWARTZ MEMBER 2.00 X 0 0 0 JACQUELINE PICCINI MEMBER 2.00 X 0 0 0 JANET LIANG MEMBER 2.00 X 0 0 0 JARRELL COOK MEMBER 2.00 X 0 0 0 JAY HANSEN MEMBER 2.00 X 0 0 0 JAY PAXTON MEMBER 2.00 X 0 0 0 JED YORK MEMBER 2.00 1.00 X 0 0 0 JEFFREY HELLER MEMBER 2.00 X 0 0 0 JENNIFER HERNANDEZ MEMBER 2.00 X 0 0 0 JESSICA FIELDS MEMBER 2.00 X 0 0 0 JILL PETERSEN MEMBER 2.00 X 0 0 0 JIM LEVINE MEMBER 2.00 X 0 0 0 JIM WALLACE MEMBER 2.00 X 0 0 0 JOE KIRCHOFER MEMBER 2.00 X 0 0 0 JOE WALLACE MEMBER 2.00 X 0 0 0 JOHN COHEN MEMBER 2.00 X 0 0 0 JOHN DE LUCA MEMBER 2.00 X 0 0 0 JOHN EDDY MEMBER 2.00 X 0 0 0 JOHN GINGRICH MEMBER 2.00 1.00 X 0 0 0 JOHN WAYLAND MEMBER 2.00 X 0 0 0 JORDAN MOSS MEMBER 2.00 X 0 0 0 JOYDEEP GANGULY MEMBER 2.00 X 0 0 0 JUAN SANCHEZ MUNOZ MEMBER 2.00 X 0 0 0 JULIE ROTTENBERG MEMBER 2.00 X 0 0 0 JULIE SULLIVAN MEMBER 2.00 X 0 0 0 JUSTIN COOPER MEMBER 2.00 X 0 0 0 KARA CARTER MEMBER 2.00 X 0 0 0 KATE O'SULLIVAN MEMBER 2.00 X 0 0 0 KAUSIK RAJGOPAL MEMBER 2.00 1.00 X 0 0 0 KEN ROSEN MEMBER 2.00 X 0 0 0 KEVIN BASS MEMBER 2.00 X 0 0 0 KEVIN XU MEMBER 2.00 X 0 0 0 KISH RAJAN MEMBER 2.00 X 0 0 0 KUNAL MODI MEMBER 2.00 X 0 0 0 LARRY BAER MEMBER 2.00 X 0 0 0 LINDA RENDLE MEMBER 2.00 X 0 0 0 LIZ MINICK MEMBER 2.00 1.00 X 0 0 0 LORENZO TREFETHEN MEMBER 2.00 X 0 0 0 LUKE KOWALSKI MEMBER 2.00 X 0 0 0 LYNN MAHONEY MEMBER 2.00 X 0 0 0 MAHESH KHARKAR MEMBER 2.00 X 0 0 0 MARC BLAKEMAN MEMBER 2.00 X 0 0 0 MARTHA MILLER MEMBER 2.00 X 0 0 0 MARTY KROPELNICKI MEMBER 2.00 X 0 0 0 MARY MURPHY MEMBER 2.00 X 0 0 0 MATT ROSSIE MEMBER 2.00 1.00 X 0 0 0 MATT SCOTT MEMBER 2.00 X 0 0 0 MEGAN SCHOETTMER MEMBER 2.00 X 0 0 0 MICHAEL COVARRUBIAS MEMBER 2.00 1.00 X 0 0 0 MICHAEL DONNER MEMBER 2.00 X 0 0 0 MICHAEL DRAKE MEMBER 2.00 X 0 0 0 MICHAEL SEILER MEMBER 2.00 X 0 0 0 MIKE GRISSO MEMBER 2.00 X 0 0 0 MIKE ZUKERMAN MEMBER 2.00 X 0 0 0 MITRA ROGERS MEMBER 2.00 X 0 0 0 NADER NADERSHAHI MEMBER 2.00 X 0 0 0 NICK JOHNSON MEMBER 2.00 X 0 0 0 OTGO ERHEMJAMTS MEMBER 2.00 X 0 0 0 PEG MCALLISTER MEMBER 2.00 1.00 X 0 0 0 PETE CASILLAS MEMBER 2.00 X 0 0 0 PETE HILLAN MEMBER 2.00 X 0 0 0 PETER GRUEBELE MEMBER 2.00 X 0 0 0 PIN NI MEMBER 2.00 X 0 0 0 RACHEL MURPHY MEMBER 2.00 X 0 0 0 RAMONA PRIETO MEMBER 2.00 X 0 0 0 RANDY HOWDER MEMBER 2.00 X 0 0 0 RAO UNNAVA MEMBER 2.00 X 0 0 0 RICH ROBBINS MEMBER 2.00 X 0 0 0 RICHARD LYONS PHD MEMBER 2.00 X 0 0 0 RICHARD WALKER MEMBER 2.00 X 0 0 0 RICK CALLENDER MEMBER 2.00 X 0 0 0 RITA HOLIDAY MEMBER 2.00 X 0 0 0 ROBERT FREED MEMBER 2.00 X 0 0 0 ROBERT NIBBI MEMBER 2.00 X 0 0 0 RON ZEFF MEMBER 2.00 X 0 0 0 RUDY REYES MEMBER 2.00 X 0 0 0 SAL CONIGLIO MEMBER 2.00 X 0 0 0 SALLY KAY MEMBER 2.00 X 0 0 0 SAM HAWGOOD MEMBER 2.00 X 0 0 0 SARAH CHAVARRIA MEMBER 2.00 X 0 0 0 SCOTT WARREN MEMBER 2.00 X 0 0 0 SHALONDA BALDWIN MEMBER 2.00 X 0 0 0 SHERYL MCKIBBEN MEMBER 2.00 X 0 0 0 SHERYL REUBEN MEMBER 2.00 X 0 0 0 STEPHEN GAITLEY MEMBER 2.00 X 0 0 0 STEVE O'CONNELL MEMBER 2.00 X 0 0 0 STEVEN KIRZ MEMBER 2.00 X 0 0 0 SUNIL PANDYA MEMBER 2.00 X 0 0 0 TANE ABBOTT MEMBER 2.00 X 0 0 0 TIM HOXIE MEMBER 2.00 X 0 0 0 TODD HARRIS MEMBER 2.00 X 0 0 0 TONY MESTRES MEMBER 2.00 X 0 0 0 TRAVIS KIYOTA MEMBER 2.00 X 0 0 0 VINCE FLETCHER MEMBER 2.00 X 0 0 0 VIRGINIA CALKINS MEMBER 2.00 X 0 0 0 WARNER THOMAS MEMBER 2.00 X 0 0 0 YULIYA ORYOL MEMBER 2.00 X 0 0 0 JAMES WUNDERMAN CEO 40.00 1.00 X 747359 0 94123 JOHN GRUBB COO 40.00 1.00 X 334749 0 58862 JULIE ROWE CFO 40.00 1.00 X 239838 0 27575 RAYMOND SEAN RANDOLPH SR. ADVISOR, BAC AND BACEI 40.00 X 242848 0 54797 KRISTEN VERNON CHIEF MEMBERSHIP & DEV. OF 40.00 X 210996 0 64422 JEFF BELLISARIO EXECUTIVE DIRECTOR, BACEI 40.00 X 228917 0 40737 MATT REGAN SVP, PUBLIC POLICY 40.00 X 234317 0 24824 RUFUS JEFFRIS SVP, COMMUNICATIONS & MAJO 40.00 X 199536 0 42142 2438560 0 407482 8 0 1 0 MH PRODUCTIONS LLC 625 SPRUCE STREET APT A SAN FRANCISCO CA 94118 EVENT MANAGEMENT 349652 BMWL INC 312 CLAY STREET SUITE 300 OAKLAND CA 94607 CONSULTING 134000 ORSO GROUP INC 1404 RED OAK DRIVE SILVER SPRINGS MD 20910 CONSULTING 120000 3 3979692 1524700 118125 5622517 PROGRAM SERVICE FEES 900099 950000 950000 PACIFIC SUMMIT 900099 529900 529900 ECON. INST. RESEARCH 900099 354301 354301 1834201 3740 3740 172700 1524700 565622 -392922 -392922 MISCELLANEOUS 900099 7894 7894 7894 7075430 1834201 0 -381288 X 8500 8500 1502507 1438339 35379 28789 2634231 2587125 47106 118436 98094 14529 5813 191951 133643 54804 3504 264818 190221 69065 5532 18213 18213 102139 21599 80540 392236 316837 67849 7550 12707 12707 135956 49260 82386 4310 209992 225010 -15293 275 548328 418172 130156 69293 58166 11127 4908 3575 1333 25526 21267 4259 MEMBER EVENTS 240079 0 60104 179975 TAXES/LICENSES 114938 112546 2392 0 BAD DEBT EXPENSE 70283 70283 0 0 OTHER EXPENSES 875 373 502 0 6665916 5765717 617345 282854 292302 1052864 1180269 720742 1628579 1490896 126229 188463 48093 46860 6433 1233 5151544 28747972 8385356 32202170 1530022 1729578 613775 678700 149747 146401 441715 23281017 2735259 25835696 X 5632597 6366474 17500 0 5650097 6366474 8385356 32202170 409514 16505 290358 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 3979692 PART I-A, LINE 1: THE BAY AREA COUNCIL 501(C)(4) ORGANIZATION INCLUDES A CALIFORNIA POLITICAL ACTION COMMITTEE (BAY AREA COUNCIL POLITICAL ACTION COMMITTEE; BACPAC) THAT IS REGISTERED AND COMPLIES IN ACCORDANCE WITH CALIFORNIA'S FAIR POLITICAL PRACTICES ACT AND REGULATIONS. THERE ARE LESS THAN 2% OF MEMBERSHIP DUES THAT ARE ATTRIBUTED TO OUR 501(C)(4) ADVOCACY ACTIVITY. ALL LOBBYING IS DONE THROUGH THE BAY AREA COUNCIL POLITICAL ACTION COMMITTEE. THE BAC 501(C)(4) MEMBERSHIP DUES SUPPORT ADVOCACY AND EDUCATION ON ISSUES BUT DOES NOT DIRECTLY SUPPORT LOBBYING ACTIVITY. ALL LOBBYING ACTIVITY IS DONE THROUGH THE BACPAC. 47347 46189 1158 746 671 75 1233 DUE FROM RELATED PARTIES 28356242 OPERATING LEASE RIGHT-OF-USE ASSETS 374230 INVESTMENT 17500 28747972 LEASE LIABILITY 402919 DUE TO RELATED PARTIES 22878098 23281017 X PART X, LINE 2: BAY AREA COUNCIL INC. IS EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(4). BAC LLC IS SUBJECT TO BOTH FEDERAL AND STATE TAXATION. FOR THE 2022 FINANCIAL YEAR, BAC LLC DID NOT GENERATE ANY INCOME. THERE WAS NO FEDERAL AND STATE TAX LIABILITIES DUE FOR THE YEARS ENDED DECEMBER 31, 2023. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY BAC IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. BAC'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. THE CHINA WFOE IS SUBJECT TO CHINESE ENTERPRISE INCOME TAX ("EIT"), VALUE ADDED TAX ("VAT") APPLIED TO CERTAIN DISTRICTS IN CHINA, AND BUSINESS INCOME TAX ("BIT") PRESCRIBED BY CHINESE TAX LAWS AND ORDINANCES. DURING 2022, THE CHINA GOVERNMENT TAX AUTHORITIES AUDITED THE WFOE FOR COMPLIANCE AND FOUND NO EXCEPTIONS IN RECORDING OF THE TAX LIABILITY AND SUBSEQUENT PAYMENTS ASSOCIATED WITH TAXES DUE. CASH PAID FOR TAXES INCLUDED ON THE CONSOLIDATED STATEMENT OF CASH FLOWS IS PRIMARILY ATTRIBUTED TO THE CHINA WFOE. 1 SHANGHAI, CHINA 1 2 PROGRAM SERVICES TO PROVIDE ECONOMIC DEVELOPMENT IN THE BAY AREA AND CHINA SERVICE FEES FOR BAC OFFICE IN YANGPU, BEIJING, AND NANJING TO SUPPORT SERVICES 307682 BEIJING, CHINA 1 2 PROGRAM SERVICES TO PROVIDE ECONOMIC DEVELOPMENT IN THE BAY AREA AND CHINA SERVICE FEES FOR BAC OFFICE IN YANGPU, BEIJING, AND NANJING TO SUPPORT SERVICES 251740 2 4 0 0 2 4 559422 0 559422 0 0 1 0 0 0 PART I, LINE 3: METHOD USED TO ACCOUNT FOR EXPENDITURES IS DETERMINED BY ACTUAL VALUE PER U.S. TENDER. EXPENDITURES REPRESENT EXPENSES INCURRED BY THE WOFE IN CHINA TO SUPPORT THE 1 DISTRICT CONTRACT THAT ALIGN WITH THE GLOBAL CHINA INITIATIVE WHICH FALLS IN THE LINE WITH BAC EXEMPT PURPOSE. ANNUAL DINNER 986800 889600 97200 45000 118534 166945 PACIFIC SUMMIT 556000 539000 17000 17378 61640 1 154600 96100 58500 58666 97460 1697400 1524700 172700 45000 118534 76044 326045 565623 -392923 X X X 0 1 0 1 0 0 0 1 0 JAMES WUNDERMAN CEO 595102 0 99757 0 52500 0 62100 0 32023 0 841482 0 0 0 JOHN GRUBB COO 298049 0 36400 0 300 0 36264 0 22598 0 393611 0 0 0 RAYMOND SEAN RANDOLPH SR. ADVISOR, BAC AND BACEI 226908 0 13000 0 2940 0 27813 0 26984 0 297645 0 0 0 KRISTEN VERNON CHIEF MEMBERSHIP & DEV. OF 190696 0 20000 0 300 0 25951 0 38471 0 275418 0 0 0 JEFF BELLISARIO EXECUTIVE DIRECTOR, BACEI 212377 0 15000 0 1540 0 25951 0 14786 0 269654 0 0 0 JULIE ROWE CFO 218058 0 14875 0 6905 0 26071 0 1504 0 267413 0 0 0 MATT REGAN SVP, PUBLIC POLICY 205053 0 24400 0 4864 0 24352 0 472 0 259141 0 0 0 RUFUS JEFFRIS SVP, COMMUNICATIONS & MAJO 183736 0 15500 0 300 0 22438 0 19704 0 241678 0 0 0 PART I, LINE 4B THE CEO PARTICIPATED IN A SECTION 457(F) DEFERRED COMPENSATION PLAN AND ACCRUED THE AMOUNT OF $22,500. HE WILL NOT BE VESTED IN THE PLAN UNTIL 2024. PART I, LINE 5 ONE OF THE HIGHLY COMPENSATED EMPLOYEES IS PAID COMMISSION ON NEW MEMBERSHIPS. THIS IS INCLUDED IN TAXABLE WAGES. PART I, LINE 7 SOME OFFICERS AND EMPLOYEES RECEIVED A BONUS BASED ON PERFORMANCE AS APPROVED BY BOARD OF DIRECTORS. THESE AMOUNTS ARE INCLUDED IN THE W-2'S. SCHEDULE J - EXPENSE REPORTING: THE BAY AREA COUNCIL HAS A WRITTEN POLICY REGARDING EXPENSE REPORT SUBMISSION AND REIMBURSEMENT POLICY. NONE OF THE QUESTIONS IDENTIFIED IN 1.A ABOVE APPLY TO THE COUNCIL. ALL EXPENSES MUST BE SUPPORTED BY EVIDENCE OF THE TYPE OF EXPENSE, BUSINESS PURPOSE AND RECEIPTS. BUSINESS TRIP TRAVEL REQUIRING OVERNIGHT STAYS REQUIRE PRE-APPROVAL. THE BAY AREA COUNCIL COMPENSATION POLICIES AND PROCEDURES FOR DETERMINING COMPENSATION ARE OUTLINED IN OUR EMPLOYEE POLICY MANUAL. EVALUATIONS AND APPROVALS ARE SECURED FOR ALL STAFF MEMBERS INCLUDING THE CEO AND OTHER OFFICERS. APPROVAL IS REQUIRED. REGARDING BAC EMPLOYER CONTRIBUTION FOR HEALTH BENEFITS. BAC PROVIDES UNIFORM EMPLOYER CONTRIBUTIONS FOR THOSE INDIVIDUALS ELECTING VARIOUS HEALTH BENEFIT COVERAGE. THE EMPLOYER BENEFIT MAY VARY BETWEEN EMPLOYEES BECAUSE THE EMPLOYER CONTRIBUTION IS DEPENDING UPON WHETHER AN EMPLOYEE ELECTS ONLY FOR HIM OR HERSELF; FOR HIM/OR HER PLUS SPOUSE; OR FULL FAMILY COVERAGE. OTHERS MAY WAIVE BENEFITS BECAUSE THEY ARE COVERED ELSEWHERE IN WHICH CASE THE EMPLOYER CONTRIBUTION IS LESS THAN WHAT BAC PROVIDES OR IS ZERO IF COVERAGES ARE FULLY WAIVED. FORM 990, PART VI, SECTION A, LINE 6 BAY AREA COUNCIL IS A BUSINESS MEMBERSHIP ORGANIZATION. MAJOR COMPANIES JOIN THE BAY AREA COUNCIL AS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BAY AREA COUNCIL EXECUTIVE COMMITTEE MAY ELECT A MEMBER TO THE COMMITTEE AND BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE EXECUTIVE COMMITTEE OF THE BOARD OFFICIALLY MEETS 4 TIMES DURING EACH CALENDAR YEAR OR AS NECESSARY TO APPROVE DECISIONS BASED UPON DELEGATIONS OF AUTHORITY OUTLINED IN THE BY LAWS. SHOULD DECISIONS REQUIRE BOARD APPROVAL, THESE ARE VOTED UPON BY THE ENTIRE BOARD DURING THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE AUDITED FINANCIAL STATEMENTS AND TAX RETURNS ARE CONDUCTED AND PREPARED BY AN INDEPENDENT CPA AUDIT FIRM. THE GENESIS OF INFORMATION PRESENTED ON THE 990 TAX RETURNS INCLUDES ALL OF THE AUDITED FIGURES. COPIES OF THE TAX RETURN ARE MADE AVAILABLE TO BOARD MEMBERS AND THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE CEO HAS RESPONSIBILITY FOR MONITORING COMPLIANCE WITH OUR POLICIES. THESE POLICIES ARE CODIFIED IN OUR EMPLOYEE HANDBOOK, ACKNOWLEDGED BY EACH BOARD AND STAFF MEMBER AND ALSO REVIEWED FOR COMPLIANCE WITH CURRENT LAWS AND REGULATIONS BY OUTSIDE LEGAL COUNCIL. THE INDEPENDENT ACCOUNTANTS ALSO TEST FOR COMPLIANCE IN PERFORMING THEIR INDEPENDENT FINANCIAL AUDIT AT YEAR END. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO AND KEY EMPLOYEES IS BENCHMARKING AGAINST COMPARABILITY DATA WITH APPROVAL BY THE BOARD CHAIRMAN. WE ALSO HAVE OVERSIGHT BY THE FINANCE COMMITTEE OF THE EXECUTIVE COMMITTEE BOARD. BAC USES SALARY SURVEY INFORMATION PROVIDED BY OPPORTUNITY KNOCKS AS WELL AS BENCHMARKING THE STAFF SALARIES WITH OTHER SIMILAR 501(C)(4) ORGANIZATIONS OF SIMILAR SIZE AND FINANCIAL RESULTS. DELIBERATIONS AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 314,000. MANAGEMENT AND GENERAL EXPENSES 35,063. FUNDRAISING EXPENSES 7,550. TOTAL EXPENSES 356,613. TEMPORARY STAFF: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 481. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 481. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,987. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,987. HR FEES: PROGRAM SERVICE EXPENSES 2,837. MANAGEMENT AND GENERAL EXPENSES 27,318. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,155. BAY AREA COUNCIL LLC 353 SACRAMENTO STREET 10TH FLOOR SAN FRANCISCO CA 94111 270819073 PASS THROUGH ORGANIZATION FOR CHINA WFOE - TO FURTHER GLOBAL INITIATIVES CA 0 3651155 BAY AREA COUNCIL BAY AREA COUNCIL FOUNDATION 353 SACRAMENTO STREET 10TH FLOOR SAN FRANCISCO CA 94111 201826827 CHARITABLE FOUNDATION CA 501(C)(3) LINE 7 BAY AREA COUNCIL 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 BAY AREA COUNCIL FOUNDATION D 10708373 FMV BAY AREA COUNCIL FOUNDATION Q 35000 FMV