2025-10-06T19:45:07-05:00 2024-12-31 813071614 TALLEY LLP 1100 TOWN COUNTRY RD STE 1111 ORANGE CA 92868 990 2024-01-01 237084107 ORANGE COUNTY BUSINESS COUNCIL ORAN 9494762242 2 PARK PLAZA 100 IRVINE CA 92614 FRANK MCENULTY CFO 9494762242 2025-10-06 1 0 EMMANUEL TIONGSON P00570099 7148672200 2025-10-06 2024 2025-03-06 01:10:19Z FRANK MCENULT 3498059 0 X WWW.OCBC,ORG X 1970 CA ORANGE COUNTY BUSINESS COUNCIL REPRESENTS AND PROMOTES THE BUSINESS COMMUNITY. 52 51 14 0 0 0 80000 219190 3107015 3226400 -28459 49119 19199 3350 3177755 3498059 0 0 0 0 1577573 1703382 0 0 328772 1555053 1740448 3132626 3443830 45129 54229 1502704 1489056 775539 1247363 727165 241693 ORANGE COUNTY BUSINESS COUNCIL REPRESENTS AND PROMOTES THE BUSINESS COMMUNITY, WORKING WITH GOVERNMENT AND ACADEMIA TO ENHANCE ORANGE COUNTY'S ECONOMIC DEVELOPMENT AND PROSPERITY IN ORDER TO PRESERVE A HIGH QUALITY OF LIFE. 0 0 2788027 GENERAL PROGRAM TO FOSTER BUSINESS IN THE ORANGE COUNTY AREA. 504221 671889 SPECIFIC PROGRAMS, EVENTS, CONFERENCES REGARDING PROMOTION AND STUDY OF BUSINESS IN THE ORANGE COUNTY AREA. 151582 ECONOMIC RESEARCH REGARDING THE ORANGE COUNTY AREA. 3443830 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 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 0 0 1 14 1 0 0 0 0 0 0 0 0 X 52 51 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 JEFFREY BALL PRESIDENT/CEO/SECRETARY 40.00 X X 349198 0 0 JENA JENSEN 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 JULIANNA BARNES EDD DIRECTOR 1.00 X 0 0 0 LARRY CHUNG DIRECTOR 1.00 X 0 0 0 DR MICHAEL BEALS DIRECTOR 1.00 X 0 0 0 DR STEFAN BEAN DIRECTOR 1.00 X 0 0 0 JASON BENNETT DIRECTOR 1.00 X 0 0 0 ANNETTE MORGAN DIRECTOR 1.00 X 0 0 0 RYAN CHAMBERLAIN 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 TERESA CONK DIRECTOR 1.00 X 0 0 0 HENRIK CRONQVIST DIRECTOR 1.00 X 0 0 0 LAUREEN DRISCOLL DIRECTOR 1.00 X 0 0 0 JILL DUNN DIRECTOR 1.00 X 0 0 0 JODI DUVA DIRECTOR 1.00 X 0 0 0 KEVIN HABOIAN PE DIRECTOR 1.00 X 0 0 0 REBECCA HALL APR DIRECTOR 1.00 X 0 0 0 BRIAN T HERVEY CGPP CFRE DIRECTOR 1.00 X 0 0 0 SUSAN K HORI ESQ DIRECTOR 1.00 X 0 0 0 DARRELL E JOHNSON DIRECTOR 1.00 X 0 0 0 CATHI KILLIAN DIRECTOR 1.00 X 0 0 0 PAUL KING DIRECTOR 1.00 X 0 0 0 DIANA KOT DIRECTOR 1.00 X 0 0 0 DAVE BARTLETT DIRECTOR 1.00 X 0 0 0 BRETT LAWRENCE DIRECTOR 1.00 X 0 0 0 ROBERT RJ MAYER JR DIRECTOR 1.00 X 0 0 0 FELIPE MONROIG DIRECTOR 1.00 X 0 0 0 ERIC MORGAN DIRECTOR 1.00 X 0 0 0 STEVEN OH DIRECTOR 1.00 X 0 0 0 ENRIQUE PEREZ DIRECTOR 1.00 X 0 0 0 TONY PETROS DIRECTOR 1.00 X 0 0 0 PAYMAN ROSHAN DIRECTOR 1.00 X 0 0 0 BENJAMIN Z RUBIN ESQ DIRECTOR 1.00 X 0 0 0 MITRA ROGERS DIRECTOR 1.00 X 0 0 0 NATE SHINAGAWA DIRECTOR 1.00 X 0 0 0 LAURIE SICAEROS DIRECTOR 1.00 X 0 0 0 SRI SUNDARAM DIRECTOR 1.00 X 0 0 0 NICOLE SUYDAM DIRECTOR 1.00 X 0 0 0 RAY SWARTZ DIRECTOR 1.00 X 0 0 0 HEATHER USISKI DIRECTOR 1.00 X 0 0 0 RAMIN VALIAN DIRECTOR 1.00 X 0 0 0 DAN VOZENILEK DIRECTOR 1.00 X 0 0 0 CEDRIC WILLIAMS DIRECTOR 1.00 X 0 0 0 CAROLINE WONG DIRECTOR 1.00 X 0 0 0 JOSEPH HENSLEY DIRECTOR 1.00 X 0 0 0 STEVE FINNEGAN 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 SHOPOFF DIRECTOR 1.00 X 0 0 0 JESSE BEN-RON SENIOR VICE PRESIDENT 40.00 X 157917 0 0 LIZZ MISHREKI VICE PRESIDENT, COMMUNICAT 40.00 X 0 0 0 CARL HEFT VP INVESTOR RELATIONS 40.00 X 0 0 0 AMANDA WALSH VP OF GOVERNMENT AFFAIRS 40.00 X 0 0 0 FRANK MCENULTY CFO 20.00 X 0 0 0 507115 0 0 2 0 1 0 TCCG INC 11 CATANIA NEWPORT COAST CA 92657 RESEARCH 528747 IRVINE COMPANY PO BOX 846531 LOS ANGELES CA 900846531 VENUE RENTAL 224437 DISNEY 1150 WEST MAGIC WAY ANAHEIM CA 92802 VENUE AND STORAGE FEES 176372 3 219190 219190 MEMBERSHIPS DUES 561499 1790082 1790082 SPECIAL PROJECTS 561499 714929 714929 PROGRAM/EVENT INCOME 561499 671889 671889 RESEARCH CERF 561499 49500 49500 3226400 49119 49119 OTHER INCOME 561499 3350 3350 3350 3498059 3278869 0 0 X 1703382 1192368 255507 255507 456670 347654 109002 14 1752 1752 136874 65443 48271 23160 1824 1824 13673 9571 2051 2051 PROGRAMS & EVENTS 504221 481698 6193 16330 BAD DEBT EXPENSE 193925 193925 OPERATING LEASE 157158 110014 23572 23572 SPECIAL PROJECTS 151582 151582 122769 70563 44068 8138 3443830 2624570 490488 328772 433086 118502 5276 142970 552975 564821 601110 356551 216469 1502704 1489056 331376 173712 45950 783659 398213 289992 775539 1247363 X 707314 221842 19851 19851 727165 241693 1502704 1489056 54229 -9275 -530426 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 MUTUAL FUNDS 601110 F 601110 LEASE RIGHT-OF-USE ASSETS 168278 PREPAID EXPENSES 37123 PAYMENTS TO DEPOSIT 7650 REFUND RECIEVABLE 3418 216469 LEASE LIABILITIES 164311 ACCRUED PAYROLL EXPENSES 125681 289992 3488784 -9275 -9275 3498059 0 3498059 0 0 0 0 0 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 FEDRAL 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 TAZ POSITION FOR RECONGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL 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, 2024, 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 347448 0 0 0 1750 0 0 0 0 0 349198 0 0 0 JESSE BEN-RON SENIOR VICE PRESIDENT 147917 0 10000 0 0 0 0 0 0 0 157917 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B 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 VI, SECTION B, LINE 11B: LINE 11A EXPLANATION- THE TREASURER, PRESIDENT, AND 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-COMMITTE TO REVIEW COMPARABILITY DATA AND DELIBERATE. THE SUB-COMMMITTE FOWARDS 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 347,654. MANAGEMENT AND GENERAL EXPENSES 109,002. FUNDRAISING EXPENSES 14. TOTAL EXPENSES 456,670. 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.