2023-11-15T09:29:03-06:00 2022-12-31 135565207 KPMG LLP 1003 BISHOP STREET SUITE 2210 HONOLULU HI 96813 990 2022-01-01 990040323 HAWAII VISITORS & CONVENTION BUREAU HAWA 8089231811 2270 KALAKAUA AVENUE 801 HONOLULU HI 96815 TOM MULLEN SR. VP, COO 8089231811 2023-11-13 1 TOM MULLEN 999009999 0 CANDACE C CHING P01698370 8085402800 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN MONAHAN 2270 KALAKAUA AVE SUITE 801 HONOLULU HI 96815 30567365 0 X WWW.HVCB.ORG, WWW.GOHAWAII.COM X 1903 HI TO CREATE SUSTAINABLE, DIVERSI- FIED, LEISURE & BUSINESS TRAVEL DEMAND FOR THE HAWAIIAN ISLANDS. 23 22 68 22 988132 142964 25433199 27232227 1938273 3044856 43668 161934 2049 128348 27417189 30567365 0 2667029 0 0 7419924 8141455 0 0 0 18140289 18747559 25560213 29556043 1856976 1011322 13094236 11836453 7772061 5502956 5322175 6333497 AS THE TOURISM MARKETING ORGANIZATION FOR THE STATE OF HAWAI'I, THE MISSION OF THE HAWAI'I VISITORS AND CONVENTION BUREAU IS TO CREATE SUSTAINABLE, DIVERSIFIED, LEISURE AND BUSINESS TRAVEL DEMAND FOR THE HAWAIIAN ISLANDS. 0 0 THE HAWAII VISITORS AND CONVENTION BUREAU (HVCB) REPRESENTS THE ISLANDS OF HAWAII IN A HIGHLY COMPETITIVE ARENA OF DESTINATION MARKETING. HVCB PROMOTES LEISURE AND BUSINESS TRAVEL, INCLUDING MEETINGS AND CONVENTIONS, AND ACTS AS A CATALYST FOR IMPROVING AND EXPANDING HAWAII'S WIDE-RANGING PRODUCT OFFERINGS AND EXPERIENCES, WHILE CREATING ECONOMIC OPPORTUNITIES THROUGH TOURISM. HVCB IS ALSO CONTRACTED TO MARKET THE ISLANDS UNDER THE AUSPICES OF THE HAWAII TOURISM AUTHORITY, WHICH HAS GLOBAL OVERSIGHT MATTERS CONCERNING THE VISITOR INDUSTRY. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 58 0 1 68 1 1 1 0 0 0 0 0 0 0 X 23 22 0 0 0 0 1 0 0 1 1 0 1 1 0 1 1 0 1 0 1 0 0 HI X DONNA MAE VALENCIANO 8089231811 2270 KALAKAUA AVENUE SUITE 801 HONOLULU HI 96815 JOHN MONAHAN PRESIDENT, CEO 37.50 0.00 X X 472215 0 34210 TOM MULLEN SR. VP, COO 37.50 0.00 X 292506 0 27258 JOHN REYES SR. VP, MCI SALES 37.50 0.00 X 280374 0 23605 MADAN TALWAR SR. VP, CMO 37.50 0.00 X 279668 0 22806 BARBARA OKAMOTO VP, CRM 37.50 0.00 X 228218 0 26387 SUSAN KANOHO EXECUTIVE DIRECTOR, KAUAI 37.50 0.00 X 190120 0 11793 KARA IMAI SR. DIRECTOR DIGITAL MARKETING 37.50 0.00 X 171576 0 27768 LYNN WHITEHEAD SR DIRECTOR, CITYWIDE SALES 37.50 0.00 X 161172 0 6148 ROBYN BASSO SENIOR DIRECTOR, TRAVEL TRADE 37.50 0.00 X 145140 0 13377 ADRIENNE NUDO SR DIRECTOR, CITYWIDE SALES 37.50 0.00 X 154183 0 3152 GINA CHUN SR DIRECTOR CONSUMER MARKETING 37.50 0.00 X 139058 0 17678 ERNIE GARCIA SR. DIRECTOR OF SALES, MCI 37.50 0.00 X 141784 0 14095 SA TAALA CORPORATE SECRETARY 37.50 0.00 X 74899 0 15402 MATT BAILEY MAUI CHAPTER CHAIR 0.50 0.00 X 0 0 0 TOM CALAME DIRECTOR 0.50 0.00 X 0 0 0 CATHERINE CAMBRA HAWAII CHAPTER CHAIR 0.50 0.00 X 0 0 0 SEAN DEE CHAIR 0.50 0.00 X 0 0 0 GREG DICKHENS DIRECTOR 0.50 0.00 X 0 0 0 BRADLEY DOELL HAWAII CHAPTER DIRECTOR 0.50 0.00 X 0 0 0 JERRY GIBSON CHAIR APPOINTEE 0.50 0.00 X 0 0 0 STEPHEN KAAA FINANCE CHAIR 0.50 0.00 X 0 0 0 RHONDA KHABIR OAHU CHAPTER DIRECTOR 0.50 0.00 X 0 0 0 DAN KING KAUAI CHAPTER CHAIR 0.50 0.00 X 0 0 0 DUANE KURISU DIRECTOR 0.50 0.00 X 0 0 0 AVI MANNIS CHAIR APPOINTEE 0.50 0.00 X 0 0 0 JOHAN MARZUKI DIRECTOR 0.50 0.00 X 0 0 0 CORALIE MATAYOSHI MEMBERSHIP CHAIR 0.50 0.00 X 0 0 0 JONATHAN MCMANUS DIRECTOR 0.50 0.00 X 0 0 0 ELLIOT MILLS MARKETING CHAIR 0.50 0.00 X 0 0 0 DUKE AH MOO DIRECTOR 0.50 0.00 X 0 0 0 SWEETIE NELSON OAHU CHAPTER CHAIR 0.50 0.00 X 0 0 0 CHRIS RABANG MAUI CHAPTER DIRECTOR 0.50 0.00 X 0 0 0 JACKIE REED CHAIR APPOINTEE 0.50 0.00 X 0 0 0 DONALD TAKAKI COMPENSATION CHAIR 0.50 0.00 X 0 0 0 PAUL TONER KAUAI CHAPTER DIRECTOR 0.50 0.00 X 0 0 0 2730913 0 243679 24 0 1 0 DANIEL J EDELMAN INC 250 HUDSON STREET NEW YORK NY 10013 MARKETING 5592831 OMNICOM GROUP INC 437 MADISON AVENUE NEW YORK NY 10022 ADVERTISING 3199337 MILICI VALENTI NG PACK INC 745 FORT STREET STE 900 HONOLULU HI 96813 ADVERTISING 1507619 ZETA GLOBAL LLC 185 MADISON AVENUE 5TH FLOOR NEW YORK NY 10016 MARKETING 769404 NBCUNIVERSAL MEDIA LLC PO BOX 42971 ATLANTA GA 30384 MARKETING 743697 36 27232227 27232227 SUBSCRIPTIONS 713990 2819825 1831693 988132 ADMINISTRATIVE FEE - SALES & MARK 561499 225031 225031 3044856 161934 161934 MKT FLEX REVENUE 900099 70575 70575 HIEMA EXCESS REVENUE 900099 53209 53209 OTHER REVENUE 900099 4564 4564 128348 30567365 2185072 988132 161934 2667029 2178805 4705041 264179 558544 434886 151245 311275 145824 13683559 474509 1040369 829650 560559 97011 102738 10967 FUNCTIONS 546186 STAFFING & OFFICE 518898 RESEARCH 274769 29556043 813503 551323 3985877 7912850 0 0 5945104 2328191 0 0 0 0 0 0 0 0 280223 302088 2707490 2536800 250233 170690 0 0 0 0 0 0 0 0 1819296 571311 13094236 11836453 4570215 3316781 0 0 3201846 1511651 0 0 0 0 0 0 0 0 0 0 0 674524 7772061 5502956 X 5322175 6333497 0 0 5322175 6333497 13094236 11836453 1011322 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1045609 989692 55917 947568 898502 49066 714313 648606 65707 170690 OPERATING LEASE LIABILITIES 577548 OTHER LIABILITIES 96976 674524 X 30342334 0 30342334 225031 225031 30567365 29331012 0 29331012 225031 225031 29556043 PART X, LINE 2: THE BUREAU IS AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND IS GENERALLY NOT SUBJECT TO FEDERAL INCOME TAXES. HOWEVER, THE BUREAU IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, AS IN THE OPINION OF MANAGEMENT, IT IS NOT MATERIAL TO THE BASIC FINANCIAL STATEMENTS TAKEN AS A WHOLE. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF PROGRAM SERVICE REVENUE FROM EXPENSE 225,031. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF PROGRAM SERVICE REVENUE TO REVENUE 225,031. 1 THE ARC OF HILO 1099 WAIANUENUE AVENUE HILO HI 96720 990109668 501(C)(3) 20000 0 COMMUNITY ENRICHMENT BIG ISLAND RESOURCE CONSERVATION AND DEVELOPMENT COUNCIL 200 KANOELEHUA AVENUE PMB 285 HILO HI 96720 990279188 501(C)(3) 14000 0 COMMUNITY ENRICHMENT HAWAII HORSE OWNERS INC 591 ALAWAENA RAOD HILO HI 96720 454228442 70000 0 COMMUNITY ENRICHMENT HAWAII ISLAND PACIFIC AND AIDA CULTURAL CELEBRATIONS 75-5660 KOPIKO STREET C7-321 KAILUAKONA HI 96740 812832334 501(C)(3) 20000 0 COMMUNITY ENRICHMENT HAWAII PERFORMING ARTS FESTIVAL 4011 PRIMAVERA ROAD B SANTA BARBARA CA 93110 861138670 501(C)(3) 50000 0 COMMUNITY ENRICHMENT HAWAII STATE ART MUSEUM P O BOX 119 HONOLULU HI 96810 990259420 150000 0 COMMUNITY ENRICHMENT KAI OPUA CANOE CLUB PO BOX 3079 KAILUAKONA HI 96745 237180668 501(C)(3) 51650 0 COMMUNITY ENRICHMENT KONA CACAO ASSOCIATION INC PO BOX 365 KEALAKEKUA HI 96750 201892072 10000 0 COMMUNITY ENRICHMENT KONA COFFEE CULTURAL FESTIVAL PO BOX 1112 KAILUAKONA HI 96745 990200605 501(C)(3) 75000 0 COMMUNITY ENRICHMENT MERRIE MONARCH FESTIVAL 865 PIILANI STREET HILO HI 96720 990157105 501(C)(3) 80000 0 COMMUNITY ENRICHMENT NAALEHU THEATRE PO BOX 29693 HONOLULU HI 96820 990319814 501(C)(3) 28000 0 COMMUNITY ENRICHMENT NORTH KOHALA COMMUNITY RESOURCE CENTER 55-3393 AKONI PULE HIGHWAY PO BOX 519 HAWI HI 96719 020553251 501(C)(3) 15000 0 COMMUNITY ENRICHMENT PURPLE MAIA FOUNDATION 98-820 MOANALUA ROAD 15-547 AIEA HI 96701 464326249 501(C)(3) 13938 0 COMMUNITY ENRICHMENT THE KE KAI ALA FOUNDATION 74-5617 PAWAI PLACE 207 KAILUAKONA HI 96740 812738422 501(C)(3) 30000 0 COMMUNITY ENRICHMENT UNIVERSITY OF HAWAII 2425 CAMPUS ROAD SINCLAIR LIBRARY RM 1 HONOLULU HI 96822 996000354 15433 0 COMMUNITY ENRICHMENT VOLCANO ART CENTER PO BOX 219 VOLCANO HI 96785 990162321 501(C)(3) 23346 0 COMMUNITY ENRICHMENT AHA HUI E KALA 5678 ANI STREET KAPAA HI 96746 990293918 501(C)(3) 10500 0 COMMUNITY ENRICHMENT ANAINA HOU COMMUNITY PARK 5-2723 KUHIO HIGHWAY KILAUEA HI 96754 900819688 501(C)(3) 10500 0 COMMUNITY ENRICHMENT ARTS KAUAI 4762 HAUAALA ROAD KAPAA HI 96746 833528501 501(C)(3) 5000 0 COMMUNITY ENRICHMENT EQUINE THERAPY INC 3146 AKAHI STREET LIHUE HI 96766 260519456 501(C)(3) 5000 0 COMMUNITY ENRICHMENT FRIENDS OF KING KAUMUALII PO BOX 509 WAIMEA HI 96796 900197802 501(C)(3) 33355 0 COMMUNITY ENRICHMENT GARDEN ISLAND ARTS COUNCIL PO BOX 827 LIHUE HI 96766 990190207 501(C)(3) 33000 0 COMMUNITY ENRICHMENT HANAPEPE ECONOMIC ALLIANCE PO BOX 934 HANAPEPE HI 96716 990327368 501(C)(3) 42000 0 COMMUNITY ENRICHMENT HAWAII AGRICULTURAL FOUNDATION 3538 WAIALAE AVENUE 203 HONOLULU HI 96816 260639538 501(C)(3) 21000 0 COMMUNITY ENRICHMENT HISTORIC WAIMEA THEATER AND CULTURAL ARTS CENTER PO BOX 903 WAIMEA HI 96796 651318126 501(C)(3) 85000 0 COMMUNITY ENRICHMENT HUI O LAKA PO BOX 100 KEKAHA HI 96752 990085977 501(C)(3) 12000 0 COMMUNITY ENRICHMENT KAIKEHA INC PO BOX 208 LIHUE HI 96766 833603397 501(C)(3) 15000 0 COMMUNITY ENRICHMENT KAUAI MUSEUM ASSOCIATION LTD 4428 RICE STREET LIHUE HI 96766 990105151 501(C)(3) 13650 0 COMMUNITY ENRICHMENT KAUAI RODEO & ROPING CLUB PO BOX 1346 KOLOA HI 96756 831895851 501(C)(3) 15000 0 COMMUNITY ENRICHMENT KAUAI SOTO ZEN TEMPLE ZENSHUJI PO BOX 537 HANAPEPE HI 96716 996015829 501(C)(3) 18900 0 COMMUNITY ENRICHMENT KAUAI VETERANS COUNCIL 3215 KAJUAI VETERANS MEMORIAL HIGHWAY LIHUE HI 96766 990254612 501(C)(3) 13000 0 COMMUNITY ENRICHMENT KI-HO'ALU FOUNDATION INC 46-665 AHUIMANU ROAD KANEOHE HI 96744 950359513 501(C)(3) 48000 0 COMMUNITY ENRICHMENT KUMANO I KE ALA O MAKAWELI PO BOX 181 WAIMEA HI 96796 473180959 501(C)(3) 35000 0 COMMUNITY ENRICHMENT POIPU BEACH FOUNDATION PO BOX 730 KOLOA HI 96756 990350383 501(C)(3) 54000 0 COMMUNITY ENRICHMENT RICE STREET BUSINESS ASSOCIATION 2959 UMI STREET STE 202 LIHUE HI 96766 832093049 501(C)(3) 15000 0 COMMUNITY ENRICHMENT THE KAUAI MARATHON PO BOX 573 KOLOA HI 96756 264084075 501(C)(3) 43700 0 COMMUNITY ENRICHMENT ACCESSURF HAWAII INC PO BOX 15152 HONOLULU HI 96830 204420646 501(C)(3) 40000 0 COMMUNITY ENRICHMENT ALOHA WEEK HAWAII INC 2250 KALAKAUA AVENUE STE 315 HONOLULU HI 96815 990078969 501(C)(3) 77000 0 COMMUNITY ENRICHMENT POLYNESIAN FOOTBALL HALL OF FAME 4348 WAIALAE AVENUE 705 HONOLULU HI 96816 463158865 501(C)(3) 75000 0 COMMUNITY ENRICHMENT BEHAWAII 2015 HILLCREST STREET HONOLULU HI 96817 850514087 501(C)(3) 21000 0 COMMUNITY ENRICHMENT HAWAII BOOK & MUSIC FESTIVAL 47-2131 KAMAKOI ROAD KANEOHE HI 96744 300261277 501(C)(3) 8400 0 COMMUNITY ENRICHMENT HONOLULU BIENNIAL FOUNDATION PO BOX 4636 HONOLULU HI 96812 471652561 501(C)(3) 110000 0 COMMUNITY ENRICHMENT HAWAII AG AND CULINARY ALLIANCE 3538 WAIALAE AVENUE 202 HONOLULU HI 96816 460618609 501(C)(3) 120000 0 COMMUNITY ENRICHMENT HAWAII GAY FLAG FOOTBALL LEAGUE INC PO BOX 89063 HONOLULU HI 96830 462694612 501(C)(3) 17500 0 COMMUNITY ENRICHMENT HAWAII INTERNATIONAL FILM FESTIVAL 680 IWILEI ROAD STE 100 HONOLULU HI 96817 990280373 501(C)(3) 67900 0 COMMUNITY ENRICHMENT HAWAII LGBT LEGACY FOUNDATION 310 PAOAKALANI AVENUE STE 206E HONOLULU HI 96815 223969736 501(C)(3) 14000 0 COMMUNITY ENRICHMENT HAWAII UNITED OKINAWA ASSOCIATION 94-587 UKEE STREET WAIPAHU HI 96797 990290923 501(C)(3) 25000 0 COMMUNITY ENRICHMENT KAHULI LEO LEA 47-430 HUI NENE STREET KANEOHE HI 96744 843718571 501(C)(3) 35000 0 COMMUNITY ENRICHMENT KALIHI-PALALMA CULTURE & ARTS SOCIETY INC 357 NORTH KING STREET HONOLULU HI 96817 237154899 501(C)(3) 28000 0 COMMUNITY ENRICHMENT KOREAN AMERICAN FOUNDATION HAWAII 1881 EAST WEST ROAD HONOLULU HI 96822 990293085 501(C)(3) 10000 0 COMMUNITY ENRICHMENT MOANALUA GARDENS FOUNDATION 1414 DILLINGHAM BOULEVARD STE 211 HONOLULU HI 96817 990143900 501(C)(3) 16000 0 COMMUNITY ENRICHMENT ODKF SUPPORT INC 4348 WAIALAE AVENUE 483 HONOLULU HI 96816 272850859 501(C)(3) 55000 0 COMMUNITY ENRICHMENT UKULELE FESTIVAL HAWAII 355 HARDING AVENUE 1 HONOLULU HI 96816 200748495 501(C)(3) 20000 0 COMMUNITY ENRICHMENT ARTS EDUCATION FOR CHILDREN GROUP PO BOX 10756 LAHAINA HI 96761 943266739 501(C)(3) 17500 0 COMMUNITY ENRICHMENT COUNCIL FOR NATIVE HAWAIIAN ADVANCEMENT 91-12700 KINOIKI STREET BLDG 1Q KAPOLEI HI 96707 910313383 501(C)(3) 20000 0 COMMUNITY ENRICHMENT EPIC SPORTS FOUNDATION INC 58-034 KAPUAI PLACE HALEIWA HI 96712 200624761 501(C)(3) 40000 0 COMMUNITY ENRICHMENT HANA ARTS PO BOX 686 HANA HI 96713 990340564 501(C)(3) 17500 0 COMMUNITY ENRICHMENT HUI NOEAU 2841 MAKAWAO AVENUE MAKAWAO HI 96768 996012378 501(C)(3) 56000 0 COMMUNITY ENRICHMENT KANU HAWAII 1050 QUEEN STREET STE 100 HONOLULU HI 96814 205552831 501(C)(3) 50000 0 COMMUNITY ENRICHMENT LANAI CULTURAL & HERITAGE CENTER PO BOX 631500 LANAI CITY HI 96763 760847875 501(C)(3) 44000 0 COMMUNITY ENRICHMENT LOKAHI PACIFIC 1935 MAIN STREET STE 204 WAILUKU HI 96793 990146837 501(C)(3) 62205 0 COMMUNITY ENRICHMENT MAUI ARTS & CULTURAL CENTER 1 CAMERON WAY KAHULUI HI 96732 990222998 501(C)(3) 46000 0 COMMUNITY ENRICHMENT MAUI CLASSICAL MUSIC FESTIVAL PO BOX 532573 KIHEI HI 96753 203951879 501(C)(3) 30000 0 COMMUNITY ENRICHMENT MAUI MAKERS INC PO BOX 1430 PUUNENE HI 96784 471867045 501(C)(3) 15000 0 COMMUNITY ENRICHMENT MAUI POPS ORCHESTRA INC 95 MAHALANI STREET RM6 WAILUKU HI 96793 830398324 501(C)(3) 17500 0 COMMUNITY ENRICHMENT PACIFIC WHALE FOUNDATION 300 MAALAEA ROAD STE 211 WAILUKU HI 96793 990207417 501(C)(3) 25000 0 COMMUNITY ENRICHMENT VALLEY ISLE ROAD RUNNERS INC PO BOX 330099 KAHULUI HI 96733 990252443 24500 0 COMMUNITY ENRICHMENT YOUTH IN MOTION PO BOX 1066 KAUNAKAKAI HI 96748 912015308 501(C)(3) 36000 0 COMMUNITY ENRICHMENT 63 5 PART I, LINE 2: HVCB MANAGED THE COMMUNITY ENRICHMENT PROGRAM ON BEHALF OF THE HAWAII TOURISM AUTHORITY. COMMUNITY-BASED ORGANIZATIONS WERE FUNDED BASED UPON APPLICATIONS SUBMITTED IN RESPONSE TO A RFP. EACH ISLAND HAD A DESIGNATED ISLAND CHAPTER MANAGER THAT WORKED WITH A SELECTION COMMITTEE AND THE INDIVIDUAL ORGANIZATIONS. HVCB MANAGED THE OVERALL ADMINISTRATION AND COORDINATION OF THE WORKPLAN AND SCHEDULE, WHICH INCLUDED THE RFP ANNOUNCEMENT AND PUBLIC INFORMATION SHARED, PUBLIC BRIEFINGS/PRESENTATIONS, AND CREATION OF TEMPLATE FORMS AND REPORTS. ISLAND CHAPTERS MANAGED THE SELECTION PROCESS, WORKED WITH THE FUNDED ORGANIZATION ON FULFILLMENT REQUIREMENTS, REVIEWED/ATTENDED PROGRAMS AND EVENTS, AND TRACKED AND ENSURED FINAL REPORTS WERE CORRECTLY DONE. X X 1 0 X X X 0 0 0 JOHN MONAHAN PRESIDENT, CEO 330427 0 104000 0 37788 0 13150 0 21060 0 506425 0 0 0 TOM MULLEN SR. VP, COO 223254 0 62064 0 7188 0 13026 0 14232 0 319764 0 0 0 JOHN REYES SR. VP, MCI SALES 231893 0 46195 0 2286 0 12406 0 11199 0 303979 0 0 0 MADAN TALWAR SR. VP, CMO 224927 0 48753 0 5988 0 12405 0 10401 0 302474 0 0 0 BARBARA OKAMOTO VP, CRM 183560 0 40950 0 3708 0 10962 0 15425 0 254605 0 0 0 SUSAN KANOHO EXECUTIVE DIRECTOR, KAUAI 166199 0 22733 0 1188 0 9725 0 2068 0 201913 0 0 0 KARA IMAI SR. DIRECTOR DIGITAL MARKETING 152845 0 18317 0 414 0 9629 0 18139 0 199344 0 0 0 LYNN WHITEHEAD SR DIRECTOR, CITYWIDE SALES 160400 0 375 0 397 0 5410 0 738 0 167320 0 0 0 ROBYN BASSO SENIOR DIRECTOR, TRAVEL TRADE 130442 0 14284 0 414 0 4399 0 8978 0 158517 0 0 0 ADRIENNE NUDO SR DIRECTOR, CITYWIDE SALES 153853 0 188 0 142 0 0 0 3152 0 157335 0 0 0 GINA CHUN SR DIRECTOR CONSUMER MARKETING 124671 0 13613 0 774 0 8174 0 9504 0 156736 0 0 0 ERNIE GARCIA SR. DIRECTOR OF SALES, MCI 125620 0 15583 0 581 0 7029 0 7066 0 155879 0 0 0 PART I, LINE 1A SOCIAL CLUB DUES ARE PROVIDED TO THE CEO. THE MEMBERSHIP IS TREATED AS TAXABLE COMPENSATION TO THE CEO. DISCRETIONARY SPENDING ACCOUNTS ARE PROVIDED TO OFFICERS. THESE AMOUNTS ARE TREATED AS TAXABLE COMPENSATION TO THE LISTED PERSONS WHO RECEIVE THEM. FORM 990, PART VI, SECTION A, LINE 6 HVCB IS A MEMBER ORGANIZATION WITH 1,055 MEMBERS. MEMBERS ARE PREDOMINANTLY DOING BUSINESS IN THE STATE OF HAWAII THAT ARE ASSOCIATED WITH THE HAWAII TOURISM INDUSTRY, BENEFIT FROM IT, OR WANT TO SUPPORT IT. HVCB HAS ONE CLASS OF MEMBERS, ALL WITH THE SAME BENEFITS AND RIGHTS. ACTIVE MEMBERS ARE ELIGIBLE FOR NOMINATION TO SERVE ON THE HVCB BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED BY THE SENIOR VP, COO PRIOR TO FILING. THE FORM 990 IS NOT REVIEWED BY THE BOARD PRIOR TO FILING BUT WILL BE DISCUSSED WITH THE FINANCE COMMITTEE BOARD MEMBERS SUBSEQUENT TO THE FILING DATE. FORM 990, PART VI, SECTION B, LINE 12 HCVB HAS A CONFLICT OF INTEREST POLICY THAT IS SIGNED ANNUALLY BY ALL EMPLOYEES, OFFICERS, AND THE BOARD OF DIRECTORS. ALL POLICIES ARE REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES TO DETERMINE IF ANY CONFLICTS OF INTEREST EXIST. ALL POTENTIAL CONFLICTS OF INTEREST ARE THEN REVIEWED BY THE PRESIDENT, WHO DETERMINES WHAT APPROPRIATE ACTION, IF ANY, NEEDS TO BE TAKEN. OFFICERS, DIRECTORS AND KEY EMPLOYEES WHO HAVE A CONFLICT INFORM THE BOARD AND RECUSE THEMSELVES FROM THE DELIBERATION AND DECISION MAKING PROCESSES. FORM 990, PART VI, SECTION B, LINE 15A HVCB HAS A COMPENSATION COMMITTEE, COMPRISED SOLELY OF INDEPENDENT MEMBERS INCLUDING AN INDEPENDENT COMPENSATION EXPERT THAT APPROVES THE COMPENSATION OF THE HVCB PRESIDENT & CEO. THE INDEPENDENT COMPENSATION EXPERT IS PROVIDED BY THE HAWAII EMPLOYERS COUNCIL, A NON-PROFIT ORGANIZATION THAT PROVIDES ADVICE TO EMPLOYERS ON COMPENSATION AND LABOR MATTERS, AS WELL AS COMPARABILITY DATA AND WAGE SURVEYS. THE COMPENSATION COMMITTEE MET TO REVIEW THE SALARY OF HVCB'S PRESIDENT & CEO IN APRIL 2022. THE COMPENSATION COMMITTEE CONSISTS OF THE INDEPENDENT COMPENSATION EXPERT, AND TWO CURRENT BOARD MEMBERS. COMPARABILITY DATA, INCLUDING SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, IS USED IN DETERMINING REASONABLE COMPENSATION. THE COMMITTEE'S WRITTEN RECORDS INCLUDE THE (1) TERMS OF THE ARRANGEMENT WITH THE PRESIDENT (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED); (2) A LIST OF MEMBERS PRESENT DURING THE DEBATE ON THE TRANSACTION (AND HOW THE MEMBERS VOTED WHEN IT WAS APPROVED); (3) A DESCRIPTION OF THE COMPARABLE DATA RELIED UPON BY THE COMMITTEE; AND (4) ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE TRANSACTION BY MEMBERS OF THE COMMITTEE WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION. DELIBERATIONS AND DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED BY THE MINUTES WHICH ARE APPROVED AT THE NEXT COMMITTEE MEETING. AN EVALUATION OF THE COMPENSATION FOR OTHER OFFICERS & KEY EMPLOYEES WAS UNDERTAKEN IN APRIL 2022. THE HVCB CEO AND HVCB HR DIRECTOR REVIEWS AND APPROVES COMPENSATION OF THE OTHER HVCB OFFICERS AND KEY HVCB EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.