Totals
- Total revenue
- $2,208,219
- Total expenses
- $2,197,365
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $2,208,219
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $2,683,559
- Total liabilities, end of year
- $2,596,884
- Net assets or fund balances, end of year
- $86,675
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $2,197,365
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: MARKETING CONTRACTS
total $2,208,219 · related or exempt $2,208,219
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $606,521
-
7 · Other salaries and wages
total $412,030
-
9 · Other employee benefits
total $248,601
-
10 · Payroll taxes
total $59,344
-
12 · Advertising and promotion
total $117,237
-
13 · Office expenses
total $13,233
-
17 · Travel
total $29,595
-
22 · Depreciation, depletion and amortization
total $35,181
-
23 · Insurance
total $3,982
-
24a · Other expenses: OFFICE LEASE
total $439,805
-
24b · Other expenses: MEETING & EDUCATION
total $63,100
-
24c · Other expenses: EQUIPMENT
total $59,663
-
24d · Other expenses: PROFESSIONAL FEES
total $40,204
-
24e · All other expenses
total $68,869
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $47,669 · end of year $238,034
-
4 · Accounts receivable
beginning of year $211,196 · end of year $164,715
-
9 · Prepaid expenses and deferred charges
beginning of year $80,238 · end of year $99,785
-
10a · Land, buildings and equipment: cost or other basis
$255,568
-
10b · Land, buildings and equipment: accumulated depreciation
$157,815
-
10c · Land, buildings and equipment, net
beginning of year $131,873 · end of year $97,753
-
15 · Other assets
beginning of year $2,423,950 · end of year $2,083,272
-
17 · Accounts payable and accrued expenses
beginning of year $13,535 · end of year $14,188
-
25 · Other liabilities
beginning of year $2,805,570 · end of year $2,582,696
-
27 · Net assets without donor restrictions
beginning of year $75,821 · end of year $86,675
Mission and programs · 2023
Mission
NEWPORT BEACH & COMPANY IS A CREATIVE AND FOCUSED COMMUNITY-MARKETING AGENCY THAT IS SINGULARLY COMMITTED TO TELLING THE INTEGRATED NEWPORT BEACH BRAND STORY. BY EMBRACING A VARIETY OF NEIGHBORHOODS, BUSINESSES AND INDIVIDUAL UNIQUE VOICES INTO A COMPLEMENTARY STORY, NEWPORT BEACH & COMPANY STRENGTHENS ALL OF ITS PARTNERS, DRIVES NEW REVENUE TO THE CITY AND ENHANCES ITS OVERALL VIBRANCY.
Activities or mission (Part I)
THE CORPORATION'S ACTIVITIES ARE TO PROMOTE AND MARKET THE COMMON BUSINESS INTERESTS OF BUSINESS ENTITIES IN THE CITY OF NEWPORT BEACH; TO SERVE AS AN ASSOCIATION FOR NEWPORT BEACH BUSINESS ENTITIES; AND TO IMPROVE BUSINESS CONDITIONS THROUGH ENHANCING THE ECONOMIC FABRIC OF THE CITY OF NEWPORT BEACH AND PROMOTING ECONOMIC DEVELOPMENT WITH THE CITY OF NEWPORT BEACH RELATED ENTITIES WITHIN ORANGE COUNTY.
-
THE ORGANIZATION SPECIALIZES IN MARKETING AND PROMOTION SERVICESRELATED TO ENHANCING THE ECONOMIC DEVELOPMENT FOR THE CITY OF NEWPORTBEACH (THE CITY). THE ORGANIZATION PROVIDES SUCH SERVICES TO VISITNEWPORT BEACH AND ALSO HAS AGREEMENTS WITH THE CITY TO MANAGE ITSPUBLIC ACCESS TELEVISION CHANNEL AND TO PROVIDE SERVICES TO THE NEWPORTBEACH RESTAURANT ASSOCIATION BUSINESS IMPROVEMENT DISTRICT AND THEBALBOA VILLAGE MERCHANTS ASSOCIATION. BY EMBRACING A VARIETY OFNEIGHBORHOODS, BUSINESSES AND INDIVIDUAL UNIQUE VOICES INTO ACOMPLEMENTARY STORY, THE ORGANIZATION SEEKS TO STRENGTHEN ALL OF ITSPARTNERS, DRIVE NEW REVENUE TO THE CITY AND ENHANCE THE CITY'S OVERALLECONOMIC VIBRANCY.
Expenses $2,197,365 · Revenue $2,208,219
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Andre BroseANDRE BROSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Annie PaintingANNIE PAINTING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anthony HartwellANTHONY HARTWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Antonella CastroANTONELLA CASTRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Candace BisconteCANDACE BISCONTE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Charlene ReynoldsCHARLENE REYNOLDS
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David BeekDAVID BEEK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David HoffmanDAVID HOFFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Debbie SnavelyDEBBIE SNAVELY
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Cindy RaccoCINDY RACCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gerard WidderGERARD WIDDER
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Gregg SchwenkGREGG SCHWENK
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Henry PyleHENRY PYLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Homer BludauHOMER BLUDAU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason Al-ImanJASON AL-IMAN
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jon LewisJON LEWIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda M BeimfohrLINDA M BEIMFOHR
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Mario MarovicMARIO MAROVIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Markus KohnMARKUS KOHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phil RavennaPHIL RAVENNA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rush HillRUSH HILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sharon WoodSHARON WOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve RosanskySTEVE ROSANSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tanya ThomasTANYA THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tony PetrosTONY PETROS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wasim KaziWASIM KAZI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amy DeiftAMY DEIFT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ashley JohnsonASHLEY JOHNSON
CHIEF MARKETING OFFICER
- Total calculated
- $243,347
- From this org
- $220,375
- From related orgs
- $0
- Other
- $22,972
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,375
- Bonus
- $0
- Other
- $0
- Deferred
- $9,269
- Nontaxable benefits
- $13,703
- Filer's total
- $243,347
-
Gary SherwinGARY SHERWIN
PRESIDENT/CEO
- Total calculated
- $462,685
- From this org
- $189,751
- From related orgs
- $189,751
- Other
- $83,183
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $189,751 + $189,751 related
- Bonus
- $0
- Other
- $0
- Deferred
- $30,527 + $5,526 related
- Nontaxable benefits
- $23,565 + $23,565 related
- Filer's total
- $243,843 + $218,842 related
-
Lily PearsonLILY PEARSON
CHIEF FINANCIAL OFFICER
- Total calculated
- $219,894
- From this org
- $95,406
- From related orgs
- $95,405
- Other
- $29,083
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $95,406 + $95,405 related
- Bonus
- $0
- Other
- $0
- Deferred
- $4,315 + $4,315 related
- Nontaxable benefits
- $10,227 + $10,226 related
- Filer's total
- $109,948 + $109,946 related
-
Erin RoseERIN ROSE
SENIOR BRAND DIRECTOR
- Total calculated
- $122,943
- From this org
- $107,377
- From related orgs
- $0
- Other
- $15,566
- 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
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 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.
- SCHEDULE J, PART I, LINE 1A
- THE ORGANIZATION PROVIDES ANNUAL REIMBURSEMENT OF UP TO $500 FOR ALL EMPLOYEES RELATED TO HEALTH CLUB DUES.
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) · NEWPORT BEACH VISITOR AND CONVENTION SERVICES · CA
-
501(C)(3) · TO PROVIDE SCHOLARSHIPS, SUPPORT FOR CHARITY EVENTS, PROMOTE SOCIAL WELFARE · CA
-
MEETINGS ASSESSMENT PARTNERSHIP
501(C)(6) · TO IMPROVE BUSINESS CONDITIONS & ENVIRONMENT FOR TOURISM · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423209349327362
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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