2024-09-05T11:42:11-05:00 2023-12-31 464016990 THE PUN GROUP LLP 200 E SANDPOINTE AVENUE SUITE 600 SANTA ANA CA 92707 990 2023-01-01 237084107 ORANGE COUNTY BUSINESS COUNCIL ORAN 9494762242 2 PARK PLAZA 100 IRVINE CA 92614 FRANK MCENULTY CFO 9494762242 2024-09-05 0 FRANCES J KUO P02057020 9497778800 2023 2024-08-08 14:25:15Z JEFF BALL 2 PARK PLAZA IRVINE CA 92614 3492562 0 1 X WWW.OCBC.ORG X 1970 CA ORANGE COUNTY BUSINESS COUNCIL REPRESENTS AND PROMOTES THE BUSINESS COMMUNITY. 64 63 17 0 0 0 0 80000 2426720 3107015 6343 -28459 14000 19199 2447063 3177755 0 0 0 0 1765094 1577573 0 0 302247 1232498 1555053 2997592 3132626 -550529 45129 1562096 1502704 960845 775539 601251 727165 ORANGE COUNTY BUSINESS COUNCIL REPRESENTS AND PROMOTES THE BUSINESSCOMMUNITY, WORKING WITH GOVERNMENT AND ACADEMIA TO ENHANCE ORANGECOUNTY'S ECONOMIC DEVELOPMENT AND PROSPERITY IN ORDER TO PRESERVE AHIGH QUALITY OF LIFE. 0 0 1175362 GENERAL PROGRAM TO FOSTER BUSINESS IN THE ORANGE COUNTY AREA. 443623 781625 SPECIFIC PROGRAMS, EVENTS, CONFERENCES REGARDING PROMOTION AND STUDY OF BUSINESS IN THE ORANGE COUNTY AREA. 199690 ECONOMIC RESEARCH REGARDING THE ORANGE COUNTY AREA 562399 562399 2381074 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 17 1 0 0 0 0 0 0 0 0 X 64 63 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X FRANK MCENULTY 9494762242 2 PARK PLAZA SUITE 100 IRVINE CA 92614 JENA JENSEN DIRECTOR 1.00 X 0 0 0 RICK NOGUEIRA DIRECTOR 1.00 X 0 0 0 JUAN C BASOMBRIO DIRECTOR 1.00 X 0 0 0 ABIGAIL LOVELL DIRECTOR 1.00 X 0 0 0 SHARI BATTLE DIRECTOR 1.00 X 0 0 0 ROBERT L MAYER DIRECTOR 1.00 X 0 0 0 LARRY CHUNG DIRECTOR 1.00 X 0 0 0 GREGORY HARDY DIRECTOR 1.00 X 0 0 0 SAMUEL JOHNSON DIRECTOR 1.00 X 0 0 0 DAVID P LECAUSE DIRECTOR 1.00 X 0 0 0 ANNETTE MORGAN DIRECTOR 1.00 X 0 0 0 DAVID A ROBINSON DIRECTOR 1.00 X 0 0 0 MARK W TAYLOR DIRECTOR 1.00 X 0 0 0 MICHAEL THOMAS DIRECTOR 1.00 X 0 0 0 MARK WALSH DIRECTOR 1.00 X 0 0 0 ANTHONY C WILLIAMS DIRECTOR 1.00 X 0 0 0 CRAIG BOUNDY DIRECTOR 1.00 X 0 0 0 ROBERT T BRAITHWAITE DIRECTOR 1.00 X 0 0 0 ANDREW CECERE DIRECTOR 1.00 X 0 0 0 ADRIAN FOLEY DIRECTOR 1.00 X 0 0 0 PAUL KAUFMAN DIRECTOR 1.00 X 0 0 0 PARKER S KENNEDY DIRECTOR 1.00 X 0 0 0 KEVIN MANEMANN DIRECTOR 1.00 X 0 0 0 TOM MCKERNAN DIRECTOR 1.00 X 0 0 0 KEN POTROCK DIRECTOR 1.00 X 0 0 0 JEFFREY ROOS DIRECTOR 1.00 X 0 0 0 MARIO AGUIRRE DIRECTOR 1.00 X 0 0 0 DAVE BARTLETT CHAIR, BOARD OF DIRECTORS 1.00 X 0 0 0 ROBERT BEIN DIRECTOR 1.00 X 0 0 0 NINA BOYD DIRECTOR 1.00 X 0 0 0 CHARLES BULLOCK JD DIRECTOR 1.00 X 0 0 0 CATHY CAPALDI DIRECTOR 1.00 X 0 0 0 LES CARD DIRECTOR 1.00 X 0 0 0 MARK COSTA DIRECTOR 1.00 X 0 0 0 JODI DUVA DIRECTOR,CHAIR ELECT 1.00 X 0 0 0 KEVIN HABOIAN TREASURER, DIRECTOR 1.00 X 0 0 0 LISA HAINES DIRECTOR 1.00 X 0 0 0 RON HASSE DIRECTOR 1.00 X 0 0 0 BRIAN HERVEY DIRECTOR 1.00 X 0 0 0 DARRELL JOHNSON DIRECTOR 1.00 X 0 0 0 DON KENNEDY DIRECTOR 1.00 X 0 0 0 KEITH KOBATA DIRECTOR 1.00 X 0 0 0 MICHAEL BALSAMO DIRECTOR 1.00 X 0 0 0 KATHLEEN BURKE DIRECTOR 1.00 X 0 0 0 BRIAN CALLE DIRECTOR 1.00 X 0 0 0 GREGORY SAKS DIRECTOR 1.00 X 0 0 0 REBECCA HALL DIRECTOR 1.00 X 0 0 0 SUSAN HORI DIRECTOR 1.00 X 0 0 0 KATHY SIECK DIRECTOR 1.00 X 0 0 0 DANIELE STRUPPA PHD DIRECTOR 1.00 X 0 0 0 NICOLE SUYDAM DIRECTOR 1.00 X 0 0 0 LISA WEAVER DIRECTOR 1.00 X 0 0 0 FELIPE MONROIG DIRECTOR 1.00 X 0 0 0 CATHY VARNER DIRECTOR 1.00 X 0 0 0 ANNETTE WALKER DIRECTOR 1.00 X 0 0 0 JOSEPH HENSLEY DIRECTOR 1.00 X 0 0 0 JEFFREY BALL PRESIDENT/CEO/SECRETARY 40.00 X X 282840 0 38594 DAVID C WARNER DIRECTOR 1.00 X 0 0 0 STEVE FINNEGAN DIRECTOR 1.00 X 0 0 0 LYNN JOCHIM DIRECTOR 1.00 X 0 0 0 JOHN HEFFERNAN DIRECTOR 1.00 X 0 0 0 MICHAEL HUNN DIRECTOR 1.00 X 0 0 0 KURT MACNEIL DIRECTOR 1.00 X 0 0 0 WILLIAM A SHOPOFF DIRECTOR 1.00 X 0 0 0 JESSE BEN-RON SENIOR VICE PRESIDENT 40.00 X 139525 0 19039 NATALIE RUBALCAVA-GARCIA CHIEF OPERATING OFFICER 40.00 X 11900 0 1624 LIZZ MISHREKI VICE PRESIDENT, COMMUNICATIONS 40.00 X 124640 0 17008 JENNIFER BULLARD VICE PRESIDENT 40.00 X 129816 0 17714 688721 0 93979 4 0 1 0 TCCG INC 11 CATANIA NEWPORT COAST CA 92657 RESEARCH 209125 NATALIE RUBALCAVA 209 N HELENA AVE ANAHEIM CA 92805 MANAGEMENT 107100 2 80000 80000 MEMBERSHIP DUES 561499 1856270 1856270 PROGRAM/EVENT INCOME 561499 781625 781625 RESEARCH CERF 561499 454120 454120 SPECIAL PROJECTS 561499 15000 15000 3107015 15868 15868 270480 314807 -44327 -44327 -44327 OTHER INCOME 561499 19199 19199 19199 3177755 3097755 0 0 X 635170 491170 72000 72000 747473 482269 132602 132602 31928 20600 5664 5664 70068 45208 12430 12430 92934 65054 13940 13940 484162 368583 115564 15 22993 22993 68036 32530 23994 11512 9066 6346 1360 1360 PROGRAMS & EVENTS 407107 388922 5000 13185 OPERATING LEASE 240164 168114 36025 36025 BAD DEBT EXPENSE 140000 140000 SPECIAL PROJECTS 119441 119441 64084 29844 30726 3514 3132626 2381074 449305 302247 216336 433086 18071 5276 40170 142970 0 0 703664 564821 583855 356551 1562096 1502704 310505 331376 47225 45950 603115 398213 960845 775539 X 581400 707314 19851 19851 601251 727165 1562096 1502704 45129 80785 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 MUTUAL FUNDS 564821 F 564821 LEASE RIGHT-OF-USE ASSETS 356551 356551 LEASE LIABILITIES 398213 398213 X 3258540 80785 80785 3177755 0 3177755 3132626 0 3132626 0 3132626 PART X, LINE 2: OCBC HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO 501(A) OF THE IRC AND CALIFORNIA REVENUE AND TAXATION CODE 23701. OCBC UTILIZES A TWO-STEP APPROACH TO RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED ON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT AS THE LARGEST AMOUNT, WHICH IS MORE THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. ADOPTION OF SUCH GUIDANCE DID NOT HAVE A MATERIAL EFFECT TO THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2023, THERE WERE NO UNCERTAIN POSITIONS. MANAGEMENT BELIEVES THAT OCBC IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2016. X X X X X 0 0 0 JEFFREY BALL PRESIDENT/CEO/SECRETARY 282840 0 0 0 0 0 12081 0 26513 0 321434 0 0 0 JESSE BEN-RON SENIOR VICE PRESIDENT 139525 0 0 0 0 0 5960 0 13079 0 158564 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE TREASURER, PRESIDENT, AND CEO REVIEW AND APPROVE THE 990 TAX FORM BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER RECEIVES AND ACKNOWLEDGES VIA SIGNATURE OCBC'S "BOARD MEMBER'S RESPONSIBILITIES AND DECLARATION OF CONFLICTS" LETTER EACH AND EVERY JANUARY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS FORM A SUB-COMMITTEE TO REVIEW COMPARABILITY DATA AND DELIBERATE. THE SUB-COMITTEE FORWARDS THE RECOMMENDATION TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE REQUIRED ORGANIZATION DOCUMENTS WILL BE AVAILABLE UPON REQUEST VIA FAX, EMAIL OR IN PERSON. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 368,583. MANAGEMENT AND GENERAL EXPENSES 115,564. FUNDRAISING EXPENSES 15. TOTAL EXPENSES 484,162. FORM 990, PART XII, LINE 2C: OCBC DID NOT CHANGE ITS OVERSIGHT PROCESS OVER THE AUDIT OR SELECTION PROCESS OVER THE AUDITOR DURING THE YEAR.