Totals
- Total revenue
- $13,981,289
- Total expenses
- $13,055,229
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $13,943,322
- Investment income
- $37,967
- Other revenue
- $0
- Total assets, end of year
- $5,932,801
- Total liabilities, end of year
- $2,813,091
- Net assets or fund balances, end of year
- $3,119,710
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: HOST COMMITTEE
total $12,175,051 · related or exempt $12,175,051
-
2b · Program service revenue: MEMBERSHIP DUES
total $1,125,000 · related or exempt $1,125,000
-
2c · Program service revenue: PROGRAM SPONSORSHIPS
total $643,271 · related or exempt $643,271
-
3 · Investment income
total $37,967 · excluded $37,967
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $367,380
-
7 · Other salaries and wages
total $1,754,991
-
8 · Pension plan contributions
total $113,861
-
9 · Other employee benefits
total $67,850
-
10 · Payroll taxes
total $105,660
-
11g · Fees: other
total $15,800
-
13 · Office expenses
total $193,098
-
16 · Occupancy
total $85,449
-
17 · Travel
total $246,858
-
22 · Depreciation, depletion and amortization
total $30,341
-
24a · Other expenses: EVENTS
total $9,610,829
-
24b · Other expenses: PUBLIC RELATIONS
total $446,784
-
24c · Other expenses: COMMUNICATIONS
total $12,537
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $3,791
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $397,500 · end of year $210,875
-
2 · Savings and temporary cash investments
beginning of year $4,377,716 · end of year $3,747,016
-
4 · Accounts receivable
beginning of year $151,125 · end of year $499,397
-
9 · Prepaid expenses and deferred charges
beginning of year $64,271 · end of year $74,347
-
10a · Land, buildings and equipment: cost or other basis
$180,991
-
10b · Land, buildings and equipment: accumulated depreciation
$81,538
-
10c · Land, buildings and equipment, net
beginning of year $129,794 · end of year $99,453
-
11 · Investments: publicly traded securities
beginning of year $965,870 · end of year $1,018,591
-
15 · Other assets
beginning of year $355,409 · end of year $283,122
-
17 · Accounts payable and accrued expenses
beginning of year $137,002 · end of year $1,721,812
-
19 · Deferred revenue
beginning of year $3,322,500 · end of year $505,875
-
25 · Other liabilities
beginning of year $823,479 · end of year $585,404
-
27 · Net assets without donor restrictions
beginning of year $2,158,704 · end of year $3,119,710
Mission and programs · 2023
Mission
NCAPEC IS THE ONLY U.S. BUSINESS ASSOCIATION FOCUSED EXCLUSIVELY ON FACILITATING AMERICAN PRIVATE SECTOR INPUT TO THE APEC PROCESS. PROGRAMS TYPICALLY FEATURE DISCUSSIONS BETWEEN BUSINESS, GOVERNMENT AND ACADEMIA ON KEY TRADE AND ECONOMIC POLICY TOPICS IN THE ASIA-PACIFIC REGION. NCAPEC ALSO SERVES AS SECRETARIAT FOR THE U.S. EXECUTIVES WHO ARE APPOINTED MEMBERS OF THE APEC BUSINESS ADVISORY COUNCIL.
-
IN 2023, NCAPEC ORGANIZED THE 2023 APEC CEO SUMMIT WHICH TOOK PLACE IN SAN FRANCISCO, CALIFORNIA, NOVEMBER 14-16 AT THE MOSCONE CENTER WEST. THE SUMMIT BROUGHT GLOBAL CEOS, ENTREPRENEURS, THOUGHT LEADERS AND OTHER STAKEHOLDERS TOGETHER WITH THE MOST SENIOR POLITICAL LEADERS FROM THE ASIA-PACIFIC REGION FOR TWO DAYS OF ROBUST DIALOGUE ON GLOBAL OPPORTUNITIES AND CHALLENGES THAT ARE SHAPING ECONOMIC, ENVIRONMENTAL, AND SOCIETAL TRENDS IN THE REGION.
-
EXECUTIVE ROUNDTABLE: MEETING WITH SPEAKERS FOCUSED ON APEC TOPICS.
-
U.S. APEC BUSINESS COALITION, BOARD MISSION, POLICY EVENTS: MEETINGS AND CONFERENCES ON APEC TOPICS; EXCHANGE PROGRAMS BETWEEN APEC COUNTRIES; RESEARCH ON APEC RELATED ISSUES.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sean MulvaneySEAN MULVANEY
POLICY COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Philip VaughnPHILIP VAUGHN
FINANCE COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Sarah ThornSARAH THORN
PROGRAM COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Paul NeureiterPAUL NEUREITER
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Theodore Austell IIITHEODORE AUSTELL III
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ralph CarterRALPH CARTER
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael PergineMICHAEL PERGINE
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Antony CookANTONY COOK
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Monique RodriguezMONIQUE RODRIGUEZ
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ann WeeksANN WEEKS
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marie KisselMARIE KISSEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Christopher MellyCHRISTOPHER MELLY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Steven LiewSTEVEN LIEW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
David RothDAVID ROTH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Mario PalaciosMARIO PALACIOS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jake JenningsJAKE JENNINGS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Yancy MolnarYANCY MOLNAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Ekrem SarperEKREM SARPER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Catherine SimmonsCATHERINE SIMMONS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Julia StillerJULIA STILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Angie TangANGIE TANG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Peter LavoyPETER LAVOY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jj OngJJ ONG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel FrakesDANIEL FRAKES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Clay BerryCLAY BERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
David KatzDAVID KATZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Ravi AuroraRAVI AURORA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert GrantROBERT GRANT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Flavia AlvesFLAVIA ALVES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Haifung XueHAIFUNG XUE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt RobertsMATT ROBERTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Ziyang FanZIYANG FAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Stephen ClaeysSTEPHEN CLAEYS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeremy SturchioJEREMY STURCHIO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Colin D'SilvaCOLIN D'SILVA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kristopher DenzelKRISTOPHER DENZEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Bryant ChamblissBRYANT CHAMBLISS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Melissa TanMELISSA TAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Momchil JelevMOMCHIL JELEV
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Julien CourbeJULIEN COURBE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Penny NaasPENNY NAAS
BOARD MEMBER (THROUGH 1/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
Craig HallCRAIG HALL
BOARD MEMBER (THROUGH 4/1)
- Total calculated
- $0
- Hours/week
- 0.5
-
Josh CorlessJOSH CORLESS
BOARD MEMBER (THROUGH 4/6)
- Total calculated
- $0
- Hours/week
- 0.5
-
Sean PetersonSEAN PETERSON
BOARD MEMBER (THROUGH 5/3)
- Total calculated
- $0
- Hours/week
- 0.5
-
David KavanaughDAVID KAVANAUGH
BOARD MEMBER (THROUGH 5/8)
- Total calculated
- $0
- Hours/week
- 0.5
-
David GrunerDAVID GRUNER
BOARD MEMBER (THROUGH 5/11)
- Total calculated
- $0
- Hours/week
- 0.5
-
Steven ChanSTEVEN CHAN
BOARD MEMBER (THROUGH 7/31)
- Total calculated
- $0
- Hours/week
- 0.5
-
Laurel VogelsangLAUREL VOGELSANG
BOARD MEMBER (THROUGH 9/29)
- Total calculated
- $0
- Hours/week
- 0.5
-
Eunice HuangEUNICE HUANG
BOARD MEMBER (THROUGH 10/10)
- Total calculated
- $0
- Hours/week
- 0.5
-
Monica Hardy WhaleyMONICA HARDY WHALEY
PRESIDENT
- Total calculated
- $367,380
- From this org
- $307,497
- From related orgs
- $0
- Other
- $59,883
- Hours/week
- 40 + 5 related
Schedule J breakdown matched by us
- Base
- $280,697
- Bonus
- $26,800
- Other
- $0
- Deferred
- $31,360
- Nontaxable benefits
- $28,523
- Filer's total
- $367,380
-
Alex ParleALEX PARLE
EXECUTIVE VICE PRESIDENT
- Total calculated
- $285,047
- From this org
- $226,767
- From related orgs
- $0
- Other
- $58,280
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $176,767
- Bonus
- $50,000
- Other
- $0
- Deferred
- $30,000
- Nontaxable benefits
- $28,280
- Filer's total
- $285,047
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
PACIFIC SUMMIT RESOURCES LLC
INTERNATIONAL EVENTS COORDINATION AND MANAGEMENT · WA · income $210,447 · assets $772,975
Directly controlled by NATIONAL CENTER FOR APEC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442399349300339
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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