2025-11-16T22:02:24-06:00 2024-12-31 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2024-01-01 237325853 BAY AREA COUNCIL BAYA 4159816600 101A CLAY STREET PMB 161 SAN FRANCISCO CA 94111 AARON HAMMON CFO 4157865526 2025-11-16 1 1 MATTHEW PETROSKI P00853132 9257902600 2025-11-16 2024 2025-03-06 01:10:19Z X AARON HAMMON 101A CLAY STREET PMB 161 SAN FRANCISCO CA 94111 7534284 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. 171 171 35 171 0 0 5622517 5220329 1834201 1884553 3740 253268 -385028 -355430 7075430 7002720 8500 49515 0 0 4711943 5599319 0 0 824707 1945473 1898275 6665916 7547109 409514 -544389 32202170 34938592 25835696 30367008 6366474 4571584 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 3505364 363040 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. 450671 1521513 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. 450669 49515 THE BAY AREA FAMILY OF FUNDS FOCUSES ON REDUCING POVERTY AND ENCOURAGING SMART GROWTH IN BAY AREA LOW AND MODERATE-INCOME ("LMI") NEIGHBORHOODS. 4406704 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 24 0 1 35 1 0 1 CH 0 0 1 1 0 0 0 X 171 171 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 CA X AARON HAMMON CFO 4157865526 101A CLAY STREET PMB 161 SAN FRANCISCO CA 94111 AARON FENTON BOARD MEMBER 1.00 X 0 0 0 ADAM VAN DE WATER BOARD MEMBER 1.00 X 0 0 0 AHMAD EJAZ BOARD MEMBER 1.00 X 0 0 0 AIDAN ALI-SULLIVAN BOARD MEMBER 1.00 X 0 0 0 ALAN GOLDSMITH BOARD MEMBER 1.00 X 0 0 0 ALEX MAKLER BOARD MEMBER 1.00 X 0 0 0 ALEXA ARENA BOARD MEMBER 1.00 X 0 0 0 ALEXANDER LEONARD BOARD MEMBER 1.00 X 0 0 0 ALEXANDER MEHRAN SR BOARD MEMBER 1.00 1.00 X 0 0 0 ALICIA MCKNIGHT BOARD MEMBER 1.00 1.00 X 0 0 0 ALISON HAGAN BOARD MEMBER 1.00 X 0 0 0 ALLISON ROSE BOARD MEMBER 1.00 1.00 X 0 0 0 AMR GUENDIA BOARD MEMBER 1.00 X 0 0 0 ANDRE SHEVCHUCK BOARD MEMBER 1.00 X 0 0 0 ANDY BALL BOARD MEMBER 1.00 X 0 0 0 ANGELO FAROOQ BOARD MEMBER 1.00 X 0 0 0 ANNE BAKAR BOARD MEMBER 1.00 1.00 X 0 0 0 BETH ANDERSEN BOARD MEMBER 1.00 X 0 0 0 BRADY STEWART BOARD MEMBER 1.00 X 0 0 0 BRANDON SCHNEIDER BOARD MEMBER 1.00 1.00 X 0 0 0 BRANDON SHORENSTEIN BOARD MEMBER 1.00 1.00 X 0 0 0 BRENDA SANTORO BOARD MEMBER 1.00 X 0 0 0 CAITLIN O'NEILL BOARD MEMBER 1.00 X 0 0 0 CARLA PETERMAN BOARD MEMBER 1.00 1.00 X 0 0 0 CARLY RITER BOARD MEMBER 1.00 X 0 0 0 CARRIE OWEN PLIETZ BOARD MEMBER 1.00 1.00 X 0 0 0 CHRIS CIMINO BOARD MEMBER 1.00 1.00 X 0 0 0 CHRIS GRAHAM BOARD MEMBER 1.00 X 0 0 0 CHRISTINE DEL ROSARIO BOARD MEMBER 1.00 1.00 X 0 0 0 CHRISTOPHER FARALLI BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER GRUWELL BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER RIVIELLE SECRETARY 1.00 1.00 X X 0 0 0 CLIFFORD CHAN BOARD MEMBER 1.00 X 0 0 0 CLINTON REILLY BOARD MEMBER 1.00 1.00 X 0 0 0 COREY COOK BOARD MEMBER 1.00 X 0 0 0 DAN SAFIER BOARD MEMBER 1.00 X 0 0 0 DAVE HOPKINS BOARD MEMBER 1.00 X 0 0 0 DAVID HART BOARD MEMBER 1.00 X 0 0 0 DAVID STERNBERG BOARD MEMBER 1.00 X 0 0 0 DAVID TUCKER BOARD MEMBER 1.00 X 0 0 0 DAVID WEISS BOARD MEMBER 1.00 X 0 0 0 DEAN FEALK FEALK BOARD MEMBER 1.00 X 0 0 0 DEARBLAH O'NEILL BOARD MEMBER 1.00 X 0 0 0 DENIS MULLIGAN BOARD MEMBER 1.00 X 0 0 0 DENNIS HERRERA BOARD MEMBER 1.00 X 0 0 0 ED KLOTZBIER BOARD MEMBER 1.00 X 0 0 0 ELAINE FORBES BOARD MEMBER 1.00 X 0 0 0 EMILY PRIETO-TSEREGOUNIS BOARD MEMBER 1.00 X 0 0 0 ENRIQUE LANDA BOARD MEMBER 1.00 X 0 0 0 ERIKA WEBB-HUGHES BOARD MEMBER 1.00 X 0 0 0 EVETTE DAVIS BOARD MEMBER 1.00 X 0 0 0 FERGUS O'SHEA BOARD MEMBER 1.00 1.00 X 0 0 0 FRED NARANJO BOARD MEMBER 1.00 X 0 0 0 GABE METCALF BOARD MEMBER 1.00 X 0 0 0 GARY DILLABOUGH BOARD MEMBER 1.00 X 0 0 0 GARY HALL BOARD MEMBER 1.00 1.00 X 0 0 0 GEETI SILWAL BOARD MEMBER 1.00 X 0 0 0 GEORGE CLEVER BOARD MEMBER 1.00 X 0 0 0 GEORGE MARCUS BOARD MEMBER 1.00 X 0 0 0 GEORGE ROBERTS BOARD MEMBER 1.00 X 0 0 0 GERARD OROZCO BOARD MEMBER 1.00 X 0 0 0 GRACE DAVIS BOARD MEMBER 1.00 1.00 X 0 0 0 GREG MCWILLIAMS BOARD MEMBER 1.00 1.00 X 0 0 0 GREG WARD BOARD MEMBER 1.00 X 0 0 0 HANUMANTHA UNNAVA BOARD MEMBER 1.00 X 0 0 0 HARSHUL ASNANI BOARD MEMBER 1.00 X 0 0 0 HENRY PEREA BOARD MEMBER 1.00 X 0 0 0 HYDRA MENDOZA BOARD MEMBER 1.00 X 0 0 0 IVAN HOULIHAN BOARD MEMBER 1.00 X 0 0 0 JACK SCHWARTZ BOARD MEMBER 1.00 X 0 0 0 JACQUELINE PICCINI BOARD MEMBER 1.00 X 0 0 0 JAKE BERLINER BOARD MEMBER 1.00 1.00 X 0 0 0 JASSON CROCKETT BOARD MEMBER 1.00 X 0 0 0 JAY HANSEN BOARD MEMBER 1.00 X 0 0 0 JAY PAXTON BOARD MEMBER 1.00 X 0 0 0 JEAN SNIDER BOARD MEMBER 1.00 X 0 0 0 JED YORK BOARD MEMBER 1.00 1.00 X 0 0 0 JEFF HELLER BOARD MEMBER 1.00 X 0 0 0 JENNIFER HERNANDEZ BOARD MEMBER 1.00 1.00 X 0 0 0 JESSICA FIELDS BOARD MEMBER 1.00 X 0 0 0 JOE KIRCHOFER BOARD MEMBER 1.00 X 0 0 0 JOE WALLACE BOARD MEMBER 1.00 X 0 0 0 JOHN COWLES BOARD MEMBER 1.00 X 0 0 0 JOHN DE LUCA BOARD MEMBER 1.00 X 0 0 0 JOHN EDDY BOARD MEMBER 1.00 X 0 0 0 JOHN GINGRICH BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN WAYLAND BOARD MEMBER 1.00 X 0 0 0 JORDAN MOSS BOARD MEMBER 1.00 X 0 0 0 JUAN AMBRIZ BOARD MEMBER 1.00 X 0 0 0 JUAN MUNOZ BOARD MEMBER 1.00 X 0 0 0 JUAN SALAZAR BOARD MEMBER 1.00 X 0 0 0 JULIE ROTTENBERG BOARD MEMBER 1.00 1.00 X 0 0 0 JULIE SULLIVAN BOARD MEMBER 1.00 X 0 0 0 JUSTIN COOPER BOARD MEMBER 1.00 X 0 0 0 KARA CARTER BOARD MEMBER 1.00 X 0 0 0 KAUSIK RAJGOPAL BOARD MEMBER 1.00 1.00 X 0 0 0 KEN JONES BOARD MEMBER 1.00 X 0 0 0 KEN ROSEN BOARD MEMBER 1.00 X 0 0 0 KERRY HILLIS BOARD MEMBER 1.00 X 0 0 0 KEVIN BASS BOARD MEMBER 1.00 X 0 0 0 KEVIN XU BOARD MEMBER 1.00 1.00 X 0 0 0 KISH RAJAN BOARD MEMBER 1.00 X 0 0 0 KRISTI MCKENNEY BOARD MEMBER 1.00 1.00 X 0 0 0 KRISTINA LAWSON CHAIR 1.00 1.00 X X 0 0 0 LAURENCE BAER BOARD MEMBER 1.00 1.00 X 0 0 0 LILLIAN SANTOS-STABLES BOARD MEMBER 1.00 X 0 0 0 LINDA RENDLE BOARD MEMBER 1.00 1.00 X 0 0 0 LIZ MINICK BOARD MEMBER 1.00 1.00 X 0 0 0 LORENZO TREFETHEN BOARD MEMBER 1.00 X 0 0 0 LUKE KOWALSKI BOARD MEMBER 1.00 X 0 0 0 LYNN MAHONEY BOARD MEMBER 1.00 X 0 0 0 MARTHA MILLER BOARD MEMBER 1.00 X 0 0 0 MARTIN KROPELNICKI BOARD MEMBER 1.00 1.00 X 0 0 0 MATT SCOTT BOARD MEMBER 1.00 X 0 0 0 MATTHEW KAHN BOARD MEMBER 1.00 X 0 0 0 MEGAN SCHOETTMER BOARD MEMBER 1.00 X 0 0 0 MICHAEL COVARRUBIAS BOARD MEMBER 1.00 1.00 X 0 0 0 MICHAEL DONNER BOARD MEMBER 1.00 X 0 0 0 MICHAEL QUACKENBUSH BOARD MEMBER 1.00 X 0 0 0 MICHAEL SEILER BOARD MEMBER 1.00 X 0 0 0 MIKE GRISSO BOARD MEMBER 1.00 X 0 0 0 MIKE NAKORNKHET BOARD MEMBER 1.00 1.00 X 0 0 0 MIKE ZUKERMAN BOARD MEMBER 1.00 1.00 X 0 0 0 MOLLY DUGGAN BOARD MEMBER 1.00 X 0 0 0 NICK JOHNSON BOARD MEMBER 1.00 X 0 0 0 NINO ADAMO BOARD MEMBER 1.00 X 0 0 0 OTGONTSETSEG ERHEMJAMTS BOARD MEMBER 1.00 X 0 0 0 PAPIA GAMBELIN BOARD MEMBER 1.00 1.00 X 0 0 0 PEG MCALLISTER BOARD MEMBER 1.00 1.00 X 0 0 0 PETE CASILLAS BOARD MEMBER 1.00 X 0 0 0 PETER GRUEBELE BOARD MEMBER 1.00 X 0 0 0 PETER HILLAN BOARD MEMBER 1.00 X 0 0 0 PHILLIP MAZZIE TREASURER 1.00 1.00 X X 0 0 0 PIN NI BOARD MEMBER 1.00 X 0 0 0 RACHEL MURPHY BOARD MEMBER 1.00 X 0 0 0 RAMONA PRIETO BOARD MEMBER 1.00 X 0 0 0 RANDY HOWDER BOARD MEMBER 1.00 X 0 0 0 REY CHEATHAM BANKS BOARD MEMBER 1.00 X 0 0 0 RICHARD LYONS PHD BOARD MEMBER 1.00 1.00 X 0 0 0 RICHARD ROBBINS BOARD MEMBER 1.00 X 0 0 0 RICHARD WALKER BOARD MEMBER 1.00 X 0 0 0 RICK CALLENDER BOARD MEMBER 1.00 X 0 0 0 RICK UMOFF BOARD MEMBER 1.00 X 0 0 0 ROBERT NIBBI BOARD MEMBER 1.00 X 0 0 0 ROBERT POWERS BOARD MEMBER 1.00 X 0 0 0 RON ZEFF BOARD MEMBER 1.00 X 0 0 0 RUDOLPH REYES BOARD MEMBER 1.00 X 0 0 0 SALLY KAY BOARD MEMBER 1.00 X 0 0 0 SALVATORE CONIGLIO BOARD MEMBER 1.00 1.00 X 0 0 0 SAMANTHA SOULES BOARD MEMBER 1.00 X 0 0 0 SAMUEL HAWGOOD BOARD MEMBER 1.00 1.00 X 0 0 0 SARAH CHAVARRIA BOARD MEMBER 1.00 X 0 0 0 SCOTT WARREN BOARD MEMBER 1.00 X 0 0 0 SHALONDA BALDWIN BOARD MEMBER 1.00 X 0 0 0 SHARIF EBRAHIM BOARD MEMBER 1.00 X 0 0 0 SHELLEY YIM BOARD MEMBER 1.00 X 0 0 0 SHERYL MCKIBBEN BOARD MEMBER 1.00 X 0 0 0 SHERYL REUBEN BOARD MEMBER 1.00 X 0 0 0 SIMON ADAMS BOARD MEMBER 1.00 X 0 0 0 STEVE O'CONNELL BOARD MEMBER 1.00 X 0 0 0 SUNIL PANDYA BOARD MEMBER 1.00 1.00 X 0 0 0 SYLVAIN LEDUC BOARD MEMBER 1.00 X 0 0 0 TANE ABBOTT BOARD MEMBER 1.00 X 0 0 0 TIMOTHY HOXIE BOARD MEMBER 1.00 X 0 0 0 TINA D'AGOSTIN BOARD MEMBER 1.00 X 0 0 0 TINA SELF BOARD MEMBER 1.00 X 0 0 0 TODD HARRIS BOARD MEMBER 1.00 X 0 0 0 TONY MESTRES BOARD MEMBER 1.00 1.00 X 0 0 0 TRAVIS KIYOTA BOARD MEMBER 1.00 X 0 0 0 VINCENT FLETCHER BOARD MEMBER 1.00 X 0 0 0 VIRGINIA CALKINS BOARD MEMBER 1.00 X 0 0 0 JAMES WUNDERMAN CEO 40.00 1.00 X 909044 0 141406 JOHN GRUBB COO 40.00 1.00 X 396085 0 73090 JULIE ROWE CFO 40.00 1.00 X 373349 0 30090 RAYMOND SEAN RANDOLPH SR. ADVISOR, BAC AND BACEI 40.00 X 252085 0 89418 KRISTEN VERNON CHIEF MEMBERSHIP & DEVELOPMENT OFFICER 40.00 X 219142 0 118785 JEFF BELLISARIO EXECUTIVE DIRECTOR, BACEI 40.00 X 231286 0 91350 MATT REGAN SVP, PUBLIC POLICY 40.00 X 241881 0 22722 RUFUS JEFFRIS SVP, COMMUNICATIONS & MAJOR EVENTS 40.00 X 211087 0 60834 2833959 0 627695 8 0 1 0 MH PRODUCTIONS LLC 625 SPRUCE STREET APT A SAN FRANCISCO CA 94118 EVENT MANAGEMENT 249570 ORSO GROUP INC 1404 RED OAK DRIVE SILVER SPRINGS MD 20910 CONSULTING 131794 BROWNSTEIN HYATT FARBER SCHRECK LLP 675 15TH STREET SUITE 2900 DENVER CO 80202 CONSULTING 130441 ARMANINO LLP P O BOX 398285 SAN FRANCISCO CA 94139 TAX AND AUDIT SERVICES 100695 4 3835952 1379827 4550 5220329 PROGRAM SERVICE FEES 900099 950000 950000 CONSULTING SERVICES 900099 571513 571513 OTHER EVENTS AND DELEG 900099 363040 363040 1884553 253268 253268 150100 1379827 531564 -381464 -381464 MISCELLANEOUS 900099 26034 26034 26034 7002720 1884553 0 -102162 49515 49515 1923064 1840935 45282 36847 2662074 607822 1444367 609885 350414 164184 132585 53645 355824 155055 143100 57669 307943 179223 91151 37569 53835 5196 48639 211953 23465 188488 504244 436526 61667 6051 15405 11219 3556 630 145182 98382 41021 5779 197607 129941 59430 8236 105068 73667 26675 4726 158880 149888 8992 10941 7670 2779 492 70615 49501 17936 3178 MEMBER EVENTS 302767 302767 TAXES/LICENSES 99770 99770 BAD DEBT EXPENSE 13231 13231 OTHER EXPENSES 8777 8747 30 7547109 4406704 2315698 824707 1052864 185057 720742 839783 1490896 999101 188463 34637 74693 45651 1233 29042 28747972 32850972 32202170 34938592 1729578 1710061 678700 1811006 146401 143288 23281017 26702653 25835696 30367008 X 6366474 4571584 6366474 4571584 32202170 34938592 X -544389 -4215 -1254620 8334 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 3835952 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. 74693 45651 29042 29042 DUE FROM RELATED PARTIES 32282516 OPERATING LEASE RIGHT-OF-USE ASSETS 318456 OTHER INVESTMENT 250000 32850972 LEASE LIABILITY 347760 DUE TO RELATED PARTIES 26354893 26702653 X 7877928 -4215 347859 343644 7534284 -531564 -531564 7002720 8418198 339525 531564 871089 7547109 0 7547109 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, 2024. 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. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -531,564. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 531,564. 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 411663 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 230016 2 4 0 0 2 4 641679 0 641679 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 790825 691225 99600 30000 178072 139301 PACIFIC SUMMIT 546500 518400 28100 25000 23673 80641 1 192602 170202 22400 22868 32009 1529927 1379827 150100 55000 224613 251951 531564 -381464 0 BERKELEYANS FOR EFFECTIVE CLIMATE ACTION 312 CLAY STREET SUITE 300 OAKLAND CA 94607 944050800 PAC 40000 0 PROGRAM SUPPORT 1 0 X X 1 0 0 1 0 0 0 1 0 JAMES WUNDERMAN CEO 668391 0 228353 0 12300 0 41400 0 100006 0 1050450 0 0 0 JOHN GRUBB COO 308025 0 85600 0 2460 0 37111 0 35979 0 469175 0 0 0 JULIE ROWE CFO 161164 0 109725 0 102460 0 27424 0 2666 0 403439 0 0 0 RAYMOND SEAN RANDOLPH SR. ADVISOR, BAC AND BACEI 234745 0 15000 0 2340 0 28872 0 60546 0 341503 0 0 0 KRISTEN VERNON CHIEF MEMBERSHIP & DEVELOPMENT OFFIC 175802 0 41000 0 2340 0 26347 0 92438 0 337927 0 0 0 JEFF BELLISARIO EXECUTIVE DIRECTOR, BACEI 218886 0 10000 0 2400 0 26998 0 64352 0 322636 0 0 0 RUFUS JEFFRIS SVP, COMMUNICATIONS & MAJOR EVENTS 192747 0 16000 0 2340 0 23347 0 37487 0 271921 0 0 0 MATT REGAN SVP, PUBLIC POLICY 222041 0 17500 0 2340 0 21746 0 976 0 264603 0 0 0 PART I, LINE 4A JULIE ROWE RECEIVED A $100,000 SEVERANCE PAYMENT DURING 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. 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 OUTSIDE ACCOUNTING 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 XI, LINE 9: OTHER ADJUSTMENT 8,334. 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 609965 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 1 0 0 1 1 0 0 0 0 BAY AREA COUNCIL FOUNDATION D 32282516 FMV