2023-11-16T11:03:35-06:00 2022-12-31 464016990 THE PUN GROUP LLP 200 E SANDPOINTE AVENUE SUITE 600 SANTA ANA CA 92707 990 2022-01-01 237084107 ORANGE COUNTY BUSINESS COUNCIL ORAN 9494762242 2 PARK PLAZA 100 IRVINE CA 92614 DANETTE PARENTE CHIEF FINANCIAL OFFICER 9494762242 2023-11-16 DANETTE PARENTE 999009999 0 FRANCES J KUO P02057020 9497778800 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFF BALL 2 PARK PLAZA IRVINE CA 92614 2698316 0 1 X WWW.OCBC.ORG X 1970 CA ORANGE COUNTY BUSINESS COUNCIL REPRESENTS AND PROMOTES THE BUSINESS COMMUNITY. 64 63 16 0 0 0 203541 0 2376894 2426720 54896 6343 14500 14000 2649831 2447063 25000 0 0 0 1714991 1765094 0 0 362462 1121778 1232498 2861769 2997592 -211938 -550529 1690896 1562096 346679 960845 1344217 601251 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 1654420 GENERAL PROGRAM TO FOSTER BUSINESS IN THE ORANGE COUNTY AREA. 461373 765500 SPECIFIC PROGRAMS, EVENTS, CONFERENCES REGARDING PROMOTION AND STUDY OF BUSINESS IN THE ORANGE COUNTY AREA. 135734 143750 ECONOMIC RESEARCH REGARDING THE ORANGE COUNTY AREA 2251527 0 0 0 0 0 0 0 0 0 1 1 0 0 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 17 0 16 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 306000 0 0 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 NATALIE RUBALCAVA-GARCIA CHIEF OPERATING OFFICER 40.00 X 136299 0 0 DANETTE PARENTE CHIEF FINANCIAL OFFICER 40.00 X 155000 0 0 JESSE BEN-RON VICE PRESIDENT, WORKFORCE 40.00 X 124622 0 0 JENNIFER BULLARD SENIOR VICE PRESIDENT 40.00 X 160000 0 0 881921 0 0 5 0 1 0 TCCG INC 11 CATANIA NEWPORT COAST CA 92657 RESEARCH 220789 1 MEMBERSHIP DUES 561499 1517470 1517470 PROGRAM/EVENT INCOME 561499 765500 765500 CONTRACTED SERVICES 561499 128750 128750 SPECIAL PROJECTS 561499 15000 15000 2426720 57596 57596 200000 251253 -51253 -51253 -51253 OTHER INCOME 561499 14000 14000 14000 2447063 2447063 0 0 881921 881921 628480 175360 226560 226560 159128 111390 23869 23869 95565 66895 14335 14335 247523 173267 37128 37128 25227 25227 7207 133 7052 22 228615 160031 34292 34292 59816 27997 26878 4941 5821 4075 873 873 14443 10111 2166 2166 PROGRAMS & EVENTS 434298 420817 13481 SPECIAL PROJECTS 161653 161653 REPAIRS AND MAINTENANCE 15935 11155 2390 2390 COMMUNICATIONS 15519 10863 2328 2328 16441 10632 5732 77 2997592 2251527 383603 362462 94602 216336 360994 18071 10000 40170 17745 75609 75609 5821 0 1201734 703664 583855 1690896 1562096 196827 310505 149852 47225 0 603115 346679 960845 X 1324366 581400 19851 19851 1344217 601251 1690896 1562096 -550529 -136667 -10022 -45748 0 X X 0 1 X 1 0 75609 75609 0 0 MUTUAL FUNDS 703664 F 703664 LEASE LIABILITIES 603115 603115 X 2300374 -136667 -136667 2437041 10022 10022 2447063 2997592 0 2997592 0 2997592 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, 2022, 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 306000 0 0 0 0 0 0 0 0 0 306000 0 0 0 JENNIFER BULLARD SENIOR VICE PRESIDENT 160000 0 0 0 0 0 0 0 0 0 160000 0 0 0 DANETTE PARENTE CHIEF FINANCIAL OFFICER 155000 0 0 0 0 0 0 0 0 0 155000 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 XII, LINE 2C: OCBC DID NOT CHANGE ITS OVERSIGHT PROCESS OVER THE AUDIT OR SELECTION PROCESS OVER THE AUDITOR DURING THE YEAR.