Totals
- Total revenue
- $11,410,819
- Total expenses
- $10,932,717
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $11,240,912
- Investment income
- $125,907
- Other revenue
- $44,000
- Total assets, end of year
- $9,937,582
- Total liabilities, end of year
- $1,769,809
- Net assets or fund balances, end of year
- $8,167,773
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $10,932,717
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: TRANSIENT OCCUPANCY TAX (TOT)
total $6,491,957 · related or exempt $6,491,957
-
2b · Program service revenue: TOURISM BUSINESS IMPROVEMENT DIST
total $4,748,955 · related or exempt $4,748,955
-
3 · Investment income
total $125,907 · excluded $125,907
-
11a · Other revenue: OTHER INCOME
total $44,000 · excluded $44,000
-
11e · Other revenue, total
$44,000
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $308,399
-
7 · Other salaries and wages
total $949,986
-
9 · Other employee benefits
total $267,216
-
10 · Payroll taxes
total $93,089
-
11c · Fees: accounting
total $47,909
-
12 · Advertising and promotion
total $8,742,659
-
13 · Office expenses
total $11,395
-
16 · Occupancy
total $194,105
-
17 · Travel
total $31,844
-
22 · Depreciation, depletion and amortization
total $28,316
-
23 · Insurance
total $7,129
-
24a · Other expenses: EQUIPMENT
total $104,240
-
24b · Other expenses: POSTAGE & SHIPPING
total $101,866
-
24c · Other expenses: MEETING & EDUCATION
total $32,246
-
24d · Other expenses: REPAIRS & MAINTENANCE
total $12,097
-
24e · All other expenses
total $221
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,792,516 · end of year $2,601,955
-
2 · Savings and temporary cash investments
beginning of year $2,952,978 · end of year $5,313,443
-
4 · Accounts receivable
end of year $48,279
-
9 · Prepaid expenses and deferred charges
beginning of year $425,427 · end of year $601,564
-
10a · Land, buildings and equipment: cost or other basis
$283,167
-
10b · Land, buildings and equipment: accumulated depreciation
$139,909
-
10c · Land, buildings and equipment, net
beginning of year $29,520 · end of year $143,258
-
15 · Other assets
beginning of year $9,619 · end of year $1,229,083
-
17 · Accounts payable and accrued expenses
beginning of year $464,769 · end of year $420,975
-
25 · Other liabilities
beginning of year $55,620 · end of year $1,348,834
-
27 · Net assets without donor restrictions
beginning of year $7,689,671 · end of year $8,167,773
Mission and programs · 2022
Mission
AS THE CITY OF NEWPORT BEACH'S OFFICIAL DESTINATION MARKETING ORGANIZATION, THE MISSION OF VISIT NEWPORT BEACH, INC. IS TO PARTNER WITH THE TOURISM AND HOSPITALITY INDUSTRY BY PROTECTING AND NURTURING THE DESTINATION BRAND AND TO DELIVER ADDITIONAL SPENDING BY LEISURE AND CONFERENCE VISITORS, LEADING TO ENHANCED COMMUNITY ECONOMIC VITALITY AND QUALITY OF LIFE.
Activities or mission (Part I)
VISIT NEWPORT BEACH INC. IS A NONPROFIT 501(C)(6) MARKETING ORGANIZATION UNDER CONTRACT WITH THE CITY OF NEWPORT BEACH TO MARKET AND PROMOTE THE NEWPORT BEACH BRAND AND TO PROMOTE TOURISM IN, AND SERVE THE NEEDS OF, VISITORS TO NEWPORT BEACH.
-
THE ORGANIZATION RECEIVES A TRANSIT OCCUPANCY TAX (TOT) FROM THE CITY OF NEWPORT BEACH, AND IS RESPONSIBLE TO DEVELOP, PLAN, CARRY OUT AND SUPERVISE A PROGRAM TO MARKET AND PROMOTE THE NEWPORT BEACH BRAND AND TO PROMOTE TOURISM IN, AND SERVE THE NEEDS OF, VISITORS TO THE CITY OF NEWPORT BEACH, AS WELL AS INCREASE THE AMOUNT OF TOT COLLECTED THROUGH ITS PROMOTIONAL ACTIVITIES.
Expenses $6,804,787 · Revenue $6,491,957
-
THE ORGANIZATION ADMINISTERS THE CITY OF NEWPORT BEACH TOURISM BUSINESS IMPROVEMENT DISTRICT (TBID), WHICH WAS ESTABLISHED ON APRIL 28, 2009. TBID IS FUNDED BY CERTAIN LODGING BUSINESSES THROUGH AN ASSESSMENT ON SHORT-TERM ROOM RENTAL REVENUE. THE ORGANIZATION PROVIDES MARKETING AND DIRECT SALES PROGRAMS TO INCREASE OVERNIGHT TOURISM, AND MARKET THE ASSESSED BUSINESSES AS TOURIST, MEETING AND EVENT DESTINATIONS, THEREBY INCREASING ROOM NIGHT SALES.
Expenses $4,127,930 · Revenue $4,748,955
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David BeekDAVID BEEK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tanya ThomasTANYA THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve RosankySTEVE ROSANKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sharon WoodSHARON WOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rush HillRUSH HILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phil RavennaPHIL RAVENNA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amy DeiftAMY DEIFT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anthony HartwellANTHONY HARTWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Markus KohnMARKUS KOHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mario MarovicMARIO MAROVIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Antonella CastroANTONELLA CASTRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda BeimfohrLINDA BEIMFOHR
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Andre BroseANDRE BROSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jon LewisJON LEWIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Annie PaintingANNIE PAINTING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tony PetrosTONY PETROS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Homer BludauHOMER BLUDAU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Henry PyleHENRY PYLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Greg SchwenkGREG SCHWENK
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gerard WidderGERARD WIDDER
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Candace BisconteCANDACE BISCONTE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jason Al-ImamJASON AL-IMAM
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Charlene ReynoldsCHARLENE REYNOLDS
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Debbie SnavelyDEBBIE SNAVELY
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
David HoffmanDAVID HOFFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wasim KaziWASIM KAZI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle DonahueMICHELLE DONAHUE
CHIEF SALES OFFICER
- Total calculated
- $261,264
- From this org
- $230,415
- From related orgs
- $0
- Other
- $30,849
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $230,415
- Bonus
- $0
- Other
- $0
- Deferred
- $9,720
- Nontaxable benefits
- $21,129
- Filer's total
- $261,264
-
Lily PearsonLILY PEARSON
VP OF FINANCE
- Total calculated
- $202,065
- From this org
- $0
- From related orgs
- $174,690
- Other
- $27,375
- Hours/week
- 12 + 28 related
Schedule J breakdown matched by us
- Base
- $0 + $174,690 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $8,688 related
- Nontaxable benefits
- $0 + $18,687 related
- Filer's total
- $0 + $202,065 related
-
Gary SherwinGARY SHERWIN
PRESIDENT/CEO
- Total calculated
- $410,193
- From this org
- $0
- From related orgs
- $350,405
- Other
- $59,788
- Hours/week
- 12 + 28 related
Schedule J breakdown matched by us
- Base
- $0 + $350,405 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $13,357 related
- Nontaxable benefits
- $0 + $46,431 related
- Filer's total
- $0 + $410,193 related
-
Doug McClainDOUG MCCLAIN
CHIEF MARKETING OFFICER
- Total calculated
- $186,492
- From this org
- $0
- From related orgs
- $168,520
- Other
- $17,972
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $168,520 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $6,685 related
- Nontaxable benefits
- $0 + $11,287 related
- Filer's total
- $0 + $186,492 related
-
Ashley JohnsonASHLEY JOHNSON
CHIEF MARKETING OFFICER
- Total calculated
- $57,902
- From this org
- $0
- From related orgs
- $41,635
- Other
- $16,267
- Hours/week
- 40
-
Amanda KliemAMANDA KLIEM
DIRECTOR OF SALES
- Total calculated
- $154,169
- From this org
- $133,921
- From related orgs
- $0
- Other
- $20,248
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,921
- Bonus
- $0
- Other
- $0
- Deferred
- $6,046
- Nontaxable benefits
- $14,202
- Filer's total
- $154,169
-
Jane DrydenJANE DRYDEN
GROUP MARKETING DIRECTOR
- Total calculated
- $143,670
- From this org
- $123,600
- From related orgs
- $0
- Other
- $20,070
- Hours/week
- 40
-
Michelle DevineMICHELLE DEVINE
NATIONAL ACCOUNT DIRECTOR
- Total calculated
- $139,103
- From this org
- $119,113
- From related orgs
- $0
- Other
- $19,990
- Hours/week
- 40
-
Enrique PauloENRIQUE PAULO
NATIONAL ACCOUNT DIRECTOR
- Total calculated
- $136,643
- From this org
- $117,797
- From related orgs
- $0
- Other
- $18,846
- Hours/week
- 40
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
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD CHAIRPERSON APPROVES ALL CEO MONTHLY EXPENSES AND COMPENSATION IS APPROVED BY THE COMPENSATION COMMITTEE.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(6) · MARKET BUSINESSES, SERVE AS AN ASSOCIATION, IMPROVE THE BUSINESS ENVIRONMENT · CA
-
501(C)(3) · TO PROVIDE SCHOLARSHIPS, SUPPORT FOR CHARITY EVENTS, PROMOTE SOCIAL WELFARE. · CA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303189349310275
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.