2025-12-22T16:30:02-06:00 2025-06-30 350921680 CROWE LLP 575 MARKET STREET SUITE 3300 SAN FRANCISCO CA 941055829 990 2024-07-01 990692129 MEETINGS ASSESSMENT PARTNERSHIP MEET 9497196100 1600 NEWPORT CENTER DRIVE STE 120 NEWPORT BEACH CA 92660 LILY PEARSON CFO 9497196100 2025-12-22 1 0 DIANE KIRMACI P01578407 4155761100 2025-12-17 2024 2025-03-06 01:10:19Z LILY PEARSON 1600 NEWPORT CENTER DRIVE NEWPORT BEACH CA 926600926 8656582 0 X N/A X 2024 CA MEETINGS ASSESSMENT PARTNERSHIP IS A NON-PROFIT ORGANIZATION TO IMPROVE BUSINESS CONDITIONS AND THE BUSINESS ENVIRONMENT FOR TOURISM IN THE CITY OF NEWPORT BEACH THROUGH THE PROVISION OF MARKETING, SALES, AND SPECIAL EVENTS PROGRAMS, ALONG WITH VARIOUS OTHER INITIATIVES. 8 8 12 8 0 0 0 0 2748386 8495899 35794 160683 0 0 2784180 8656582 0 0 0 0 808212 2517391 0 0 0 2270691 4653807 3078903 7171198 -294723 1485384 4605743 6484974 1601446 1995294 3004297 4489680 X THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO IMPROVE BUSINESS CONDITIONS AND THE BUSINESS ENVIRONMENT FOR TOURISM IN THE CITY OF NEWPORT BEACH THROUGH THE PROVISION OF MARKETING, SALES, AND SPECIAL EVENTS PROGRAMS, ALONG WITH VARIOUS OTHER INITIATIVES DIRECTLY RELATED TO PROMOTING TOURISM AND ITS ASSOCIATED ACTIVITIES. 0 0 THE ORGANIZATION REPRESENTS EIGHT HOTELS WITHIN THE CITY OF NEWPORT BEACH WHICH COLLECT A 3.0% OR 5.0% ASSESSMENT OF GROSS ROOM RENTAL REVENUES. 0 0 0 0 0 0 0 0 0 1 0 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 1 0 0 1 27 0 12 1 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X LILY PEARSON 9494672746 1600 NEWPORT CENTER DR SUITE 120 NEWPORT BEACH CA 926600926 CINDY RACCO DIRECTOR 1.00 X 0 0 0 DEBBIE SNAVELY CHAIRPERSON 1.00 X X 0 0 0 MARKUS KOHN DIRECTOR 1.00 X 0 0 0 ANNIE PAINTING DIRECTOR 1.00 X 0 0 0 PHIL RAVENNA SECRETARY/TREASURER 1.00 X X 0 0 0 DAVID HOFFMAN DIRECTOR 1.00 X 0 0 0 ANDRE BROSE VICE-CHAIRPERSON 1.00 X X 0 0 0 KEVIN KELLY DIRECTOR 1.00 X 0 0 0 MICHELLE DONAHUE SVP OF SALES 40.00 X 228310 16088 37925 GARY SHERWIN PRESIDENT/CEO 20.00 21.00 X 200013 200013 88072 LILY PEARSON CHIEF FINANCIAL OFFICER 20.00 21.00 X 117902 117902 34204 AMANDA KLEIM DIRECTOR OF SALES 40.00 X 154197 20529 24780 JANE DRYDEN GROUP MARKETING & COMMUNICATIONS DIRECTOR 40.00 X 121154 9296 23718 ENRIQUE PAULO NATIONAL ACCOUNT DIRECTOR 40.00 X 137401 16589 24833 JENNIFER BRANNON NATIONAL ACCOUNT DIRECTOR 40.00 X 119702 15483 21230 LAURO GARCIA ACCOUNTING MANAGER 20.00 20.00 X 53545 53545 17024 1132224 449445 271786 7 0 1 0 NEWPORT BEACH & COMPANY 1600 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660 MARKETING AND PROMOTION SERVICES 108000 1 SERVICE FEE REVENUES 541610 8495899 8495899 8495899 160683 160683 8656582 8495899 0 160683 730521 1339152 84940 211730 151048 1339 34799 51207 4027654 57903 30129 242238 42025 43229 46057 9151 REPAIRS & MAINTENANCE 28934 MEMBERSHIP DUES & SUBSC 23733 EQUIPMENT 15409 7171198 1436321 2899744 1503686 1800001 4651 184685 521012 532550 279651 201402 102467 78249 1037606 989745 4605743 6484974 370283 494455 321748 1231163 1179091 1601446 1995294 X 3004297 4489680 3004297 4489680 4605743 6484974 1485384 0 X 0 1 X 1 0 33193 11180 22013 246458 190222 56236 78249 OPERATING SUBLEASE RIGHT-OF-USE ASSETS 960377 WEBSITE DEVELOPMENT COSTS 29368 989745 GROUP BOOKING INCENTIVE RESERVE 142889 SUBLEASE OBLIGATIONS 1034101 OCVA RESERVE 2101 1179091 X 8656582 0 8656582 0 8656582 7171199 0 7171199 0 7171199 PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION FOR FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE UNITED STATES INTERNAL REVENUE CODE FOR CALIFORNIA STATE INCOME TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE; THEREFORE, THE ORGANIZATION HAS NO PROVISION FOR FEDERAL OR STATE INCOME TAXES. DURING THE YEAR ENDED JUNE 30, 2025, AND THE PERIOD ENDED JUNE 30, 2024, THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME. THE ORGANIZATION ANNUALLY EVALUATES TAX POSITIONS AS PART OF THE PREPARATION OF ITS EXEMPT TAX RETURN. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER TAX POSITIONS THE ORGANIZATION TAKES WITH REGARD TO A PARTICULAR ITEM OF INCOME OR DEDUCTION WOULD MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER CURRENT ACCOUNTING GUIDANCE. THE ORGANIZATION BELIEVES ITS TAX POSITIONS ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. AT JUNE 30, 2025, THE ORGANIZATION DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS. X 1 1 X X X 0 0 0 GARY SHERWIN PRESIDENT/CEO 156992 156992 43021 43021 0 0 11434 36434 20102 20102 231549 256549 0 0 MICHELLE DONAHUE SVP OF SALES 187780 16088 40530 0 0 0 17251 1287 18099 1288 263660 18663 0 0 LILY PEARSON CHIEF FINANCIAL OFFICER 100713 100713 17189 17189 0 0 8434 8434 8668 8668 135004 135004 0 0 AMANDA KLEIM DIRECTOR OF SALES 118649 9819 35548 10710 0 0 10838 1106 11847 989 176882 22624 0 0 ENRIQUE PAULO NATIONAL ACCOUNT DIRECTOR 99754 8453 37647 8136 0 0 11077 920 11847 989 160325 18498 0 0 JENNIFER BRANNON NATIONAL ACCOUNT DIRECTOR 81868 6820 37834 8663 0 0 10279 955 9223 773 139204 17211 0 0 JANE DRYDEN GROUP MARKETING & COMMUNICATIONS DIR 109199 9296 11955 0 0 0 9919 744 12033 1022 143106 11062 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES ANNUAL REIMBURSEMENT OF UP TO $750 FOR ALL EMPLOYEES RELATED TO HEALTH CLUB DUES PART I, LINE 1B THE BOARD CHAIRPERSON APPROVES ALL CEO MONTHLY EXPENSES AND COMPENSATION IS APPROVED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE CHIEF FINANCIAL OFFICER FOR REVIEW AND IT IS SUBSEQUENTLY APPROVED AT A BOARD MEETING BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C "AS AN EMPLOYEE OF MEETINGS ASSESSMENT PARTNERSHIP, YOU ARE EXPECTED TO USE GOOD JUDGMENT TO AVOID ANY ACTIVITY, INVESTMENT, OR INTEREST THAT ACTUALLY OR POTENTIALLY CREATES A CONFLICT BETWEEN YOUR PERSONAL INTERESTS AND THE INTEREST OF MEETINGS ASSESSMENT PARTNERSHIPS OR ITS PARTNERS, INCLUDING ANY BEHAVIOR WHICH GIVES THE APPEARANCE OF TAKING MONEY, MERCHANDISE, OR SERVICES FROM A CUSTOMER OR VENDOR FOR PERSONAL GAIN. IF YOU ARE UNCERTAIN AS TO WHETHER A CERTAIN TRANSACTION, ACTIVITY OR RELATIONSHIP CONSTITUTES A CONFLICT OF INTEREST, YOU SHOULD DISCUSS THE MATTER WITH MANAGEMENT. IF YOU OR SOMEONE WITH WHOM YOU HAVE A CLOSE RELATIONSHIP (SUCH AS A FAMILY MEMBER OR CLOSE COMPANION) ENGAGES IN ANY ACTIVITY OR TRANSACTION WHICH MIGHT CAUSE A CONFLICT BETWEEN YOUR PERSONAL INTEREST AND MEETINGS ASSESSMENT PARTNERSHIP'S INTEREST, INFORMATION ABOUT THAT POTENTIAL CONFLICT MUST BE DISCLOSED IN ADVANCE TO MANAGEMENT, AND ANY EXCEPTION TO THIS GUIDELINE MUST BE APPROVED BY THE PRESIDENT/CEO OF MEETINGS ASSESSMENT PARTNERSHIP IN ADVANCE IN WRITING. FAILURE TO ADHERE TO THIS GUIDELINE, INCLUDING FAILURE TO DISCLOSE ANY CONFLICTS OR TO SEEK AN EXCEPTION, MAY RESULT IN DISCIPLINE, UP TO AND INCLUDING TERMINATION OF EMPLOYMENT." AS PART OF THIS POLICY, EACH YEAR TWO DISCLOSURES ARE PROVIDED TO THE BOARD OF DIRECTORS AND THE EXECUTIVE TEAM OF THE ORGANIZATION. THE ANNUAL DISCLOSURE REQUESTS INFORMATION REGARDING ANY FAMILY OR BUSINESS RELATIONSHPS AND ANY POSSIBLE COMPENSATION RECEIVED. THE OTHER DISCLOSURE CONFIRMS THE UNDERSTANDING OF THE CONFLICT OF INTEREST POLICY AND PROVIDES SPACE FOR AN EXPLANATION. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE WAS FORMED BY 3 MEMBERS OF THE BOARD. MEMBERS OF THE COMPENSATION COMMITTEE CONTACTED OTHER BUREAUS, SIMILAR TO MEETINGS ASSESSMENT PARTNERSHIP, FOR CEO COMPENSATION INFORMATION. THE BUREAUS CONTACTED INCLUDED SANTA BARBARA, SAN DIEGO, AND PALM SPRINGS. THE PROPOSED COMPENSATION WAS THEN DETERMINED AND AGREED UPON BY THE COMPENSATION COMMITTEE AND PRESENTED TO THE EXECUTIVE COMMITTEE FOR FINAL APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE FOLLOWING DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST: FORM 990, FORM 1024, ARTICLES OF INCORPORATION, BY LAWS, AND DETERMINATION LETTER. NEWPORT BEACH & COMPANY 1600 NEWPORT CENTER DRIVE SUITE 120 NEWPORT BEACH CA 92660 461758405 MARKET BUSINESSES, SERVE AS AN ASSOCIATION, IMPROVE THE BUSINESS ENVIRONMENT CA 501(C)(6) N/A 0 NEWPORT BEACH FOUNDATION 1600 NEWPORT CENTER DRIVE SUITE 120 NEWPORT BEACH CA 92660 462413837 TO PROVIDE SCHOLARSHIPS, SUPPORT FOR CHARITY EVENTS, PROMOTE SOCIAL WELFARE. CA 501(C)(3) LINE 7 N/A 0 VISIT NEWPORT BEACH INC 1600 NEWPORT CENTER DRIVE SUITE 120 NEWPORT BEACH CA 92660 510225353 NEWPORT BEACH VISITOR AND CONVENTION SERVICES CA 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0