TY 2015 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) BARBARA PIMENTEL......................................................................
TREASURER

.................

(2) RAUL PINO......................................................................
CHAIRMAN

8.00
.................

(3) JASON TIMMONS......................................................................
CHAIR- ELECT

6.00
.................

(4) NELSON PENALVER......................................................................
DIRECTOR

2.00
.................

(5) MARTI BUESO......................................................................
DIRECTOR

2.00
.................

(6) CHARLES CHENG......................................................................
DIRECTOR

2.00
.................

(7) MICHAEL DIPIETRO......................................................................
DIRECTOR

2.00
.................

(8) MARA FALERO......................................................................
DIRECTOR

2.00
.................

(9) ARMANDO FERNANDEZ......................................................................
DIRECTOR

2.00
.................

(10) MARIA LUISA GONZALEZ SILVA......................................................................
DIRECTOR

2.00
.................

(11) PETER T JUDE......................................................................
DIRECTOR

2.00
.................

(12) MARIA MARTINEZ......................................................................
DIRECTOR

2.00
.................

(13) CARLOS RIVERO JR......................................................................
DIRECTOR

2.00
.................

(14) EFRAIN SORA......................................................................
DIRECTOR

2.00
.................

(15) JR STEINBAUER JR......................................................................
DIRECTOR

2.00
.................

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

DORAL BUSINESS COUNCIL INC

Employer identification number

42-1617317

Return Reference	Explanation
FORM 990 - ORGANIZATION'S MISSION	THE DBC WILL ALWAYS WORK TO FIND AND/OR EXPAND RELATIONSHIP BUILDING OPPORTUNITIES AND STRATEGIC ALLIANCES. WE WORK WITHIN OUR CORE VALUES TO MAKE SURE THAT EVERYONE TOUCHED BY THE DBC WILL BENEFIT GREATLY. WE PROVIDE BUSINESS ADVOCACY ON BEHALF, AND FOR THE BENEFIT OF OUR MEMBERS. IN ADDITION, WE PROVIDE OUR MEMBERS WITH USEFUL AND RELEVANT INFORMATION. WE CREATE AN ENVIRONMENT OF NETWORKING THAT WILL HELP PARTICIPANTS EXPAND THEIR PROFESSIONAL AND WORKFORCE DEVELOPMENT, AS WELL AS PROVIDE THEM WITH PROMOTIONAL AND MARKETING OPPORTUNITIES. WE PROVIDE EVENTS RELEVANT TO OUR BUSINESS COMMUNITY. OUR EVENTS WILL ALWAYS BE OF THE UTMOST QUALITY AND PRACTICAL APPLICATION TO THE PARTICIPANTS.
FORM 990, PAGE 6, PART VI, LINE 11B	THE PROCEDURES: THE ORGANIZATION'S MANAGEMENT PERFORMS A PRELIMINARY REVIEW OF THE 990'S RECEIVED VIA EMAIL. THE ORGANIZATION'S MANAGEMENT THEN REVIEWS THE FINAL 990 WITH ITS BOARD MEMBERS AT MEETING WITH MANAGEMENT. ONCE APPROVED, THE FIRM IS NOTIFIED BY THE ORGANIZATION'S MANAGEMENT FOR PROCESSING.
FORM 990, PAGE 6, PART VI, LINE 12C	EACH DIRECTOR, CHAIRMAN, AND CHAIR-ELECT, SHALL DISCLOSE TO THE BOARD, AT ITS REGULAR MEETINGS, ALL FINANCIAL INTERESTS AND FAMILY RELATIONSHIPS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. THE BOARD SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE INDIVIDUAL(S) INVOLVED WITH THE TRANSACTION SHALL NOT BE PRESENT DURING THE BOARD'S DISCUSSION OR DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXITS. THE BOARD IS RESPONSIBLE FOR DECIDING WHETHER TO ENTER INTO A TRANSACTION AND, IF SO, TO ENSURE THAT THE TERMS OF THE TRANSACTION ARE APPROPRIATE. THE BOARD MAY ASK QUESTIONS OF AND RECEIVE PRESENTATION(S) FROM INTERESTED PERSON(S), BUT SHALL DELIBERATE AND VOTE ON THE TRANSACTION IN THEIR ABSENCE. THE BOARD DETERMINES THAT ALL MATERIAL FACTS REGARDING THE TRANSACTION AND THE CONFLICT OF INTEREST HAVE BEEN DISCLOSED TO THE BOARD AND SHALL COMPILE APPROPRIATE DATA, SUCH AS COMPARABILITY STUDIES, TO DETERMINE FAIR MARKET VALUE FOR THE TRANSACTION. AFTER EXERCISING DUE DILIGENCE, WHICH MAY INCLUDE INVESTIGATING ALTERNATIVES THAT PRESENT NO CONFLICT, THE BOARD DETERMINES WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE TO THE ORGANIZATION; THE MAJORITY OF DISINTERESTED MEMBERS OF THE BOARD THEN IN OFFICE APPROVES THE TRANSACTION.
FORM 990, PAGE 6, PART VI, LINE 15A	BY MEETING AND DISCUSSION OF THE BOARD OF DIRECTORS DOCUMENTED IN THE MINUTES.
FORM 990, PAGE 6, PART VI, LINE 15B	BY MEETING AND DISCUSSION OF THE BOARD OF DIRECTORS DOCUMENTED IN THE MINUTES.
FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART IX, LINE 11G	FACILITIES AND EQUIPMENT 4,837 0 0 EQUIPMENT RENTAL & MAINTENANC 1,826 0 0 RENT, PARKING, UTILITIES 3,386 3,387 0 MILEAGE REIMBURSEMENT 414 0 0 OUT OF POCKET EXPENSES 193 0 0 SUPPLIES 311 0 0 OPERATIONS - OTHER 5,558 981 0 CONTRACT SERVICES 684 0 0 REPAIRS & MAINTENANCE 487 0 0 MISCELLANEOUS EXPENSE 100 0 0 PAYROLL EXPENSES - OTHER 691 0 0
FORM 990, PART XI, LINE 9	OTHER INCREASE 853 TOTAL 853

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: THE DBC WILL ALWAYS WORK TO FIND AND/OR EXPAND RELATIONSHIP BUILDING OPPORTUNITIES AND STRATEGIC ALLIANCES. WE WORK WITHIN OUR CORE VALUES TO MAKE SURE THAT EVERYONE TOUCHED BY THE DBC WILL BENEFIT GREATLY. WE PROVIDE BUSINESS ADVOCACY ON BEHALF, AND FOR THE BENEFIT OF OUR MEMBERS. IN ADDITION, WE PROVIDE OUR MEMBERS WITH USEFUL AND RELEVANT INFORMATION. WE CREATE AN ENVIRONMENT OF NETWORKING THAT WILL HELP PARTICIPANTS EXPAND THEIR PROFESSIONAL AND WORKFORCE DEVELOPMENT, AS WELL AS PROVIDE THEM WITH PROMOTIONAL AND MARKETING OPPORTUNITIES. WE PROVIDE EVENTS RELEVANT TO OUR BUSINESS COMMUNITY. OUR EVENTS WILL ALWAYS BE OF THE UTMOST QUALITY AND PRACTICAL APPLICATION TO THE PARTICIPANTS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	11
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	11
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	2
6	Total number of volunteers (estimate if necessary) .............	6	50
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		121,739
9	Program service revenue (Part VIII, line 2g) .........		50,688
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....		0
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)		0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)		172,427
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		0
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)		45,605
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....		93,530
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)		139,135
19	Revenue less expenses. Subtract line 18 from line 12.......		33,292
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	8,401	35,098
21	Total liabilities (Part X, line 26).............	7,448	0
22	Net assets or fund balances. Subtract line 21 from line 20.....	953	35,098

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	EDUCATIONAL ACTIVITIES - DESIGNED TO PROMOTE ECONOMIC DEVELOPMENT TO THE LOCAL COMMUNITY.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	NETWORKING ACTIVITIES - THE ORGANIZATION CREATES AN ENVIRONMENT OF NETWORKING THAT HELPS PARTICIPANTS EXPAND THEIR PROFESSIONAL AND WORKFORCE DEVELOPMENT, AS WELL AS PROVIDE THEM WITH PROMOTIONAL AND MARKETING OPPORTUNITIES.

4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	BUSINESS ADVOCACY ACTIVITIES - THE ORGANIZATION PROVIDES BUSINESS ADVOCACY ON BEHALF AND FOR THE BENEFIT OF OUR MEMBERS.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization

1a	Federated campaigns..		1a
b	Membership dues..		1b	113,970
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	7,769

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......		121,739

		Business Code
2a	DBC EVENTS		20,230	20,230
b	DBC MONTHLY SIGN BREAKFAST		19,830	19,830
c	DBC EXPOS AND TRADE SHOWS		8,398	8,398
d	DBC QUARTERLY CONNECTION		1,620	1,620
e	DBC SEMINARS AND WORKSHOPS		540	540
f	All other program service revenue.			70	70
g Total.Add lines 2a–2f.....			50,688

3 Investment income (including dividends, interest, and othersimilar amounts) ..........
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss).....
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See Instructions......			172,427	50,688

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	33,000	26,400	6,600
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........	12,605	10,084	2,521
11	Fees for services (non-employees):
a	Management ......	8,883	8,883
b	Legal .........
c	Accounting ...........	2,150		2,150
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	22,855	18,487	4,368
12	Advertising and promotion ....	918	918
13	Office expenses .......	11,042	10,240	802
14	Information technology ......	4,193	2,542	1,651
15	Royalties ..
16	Occupancy ...........
17	Travel ............	595	506	89
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	33,686	33,686
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	342	342
23	Insurance ...	2,465		2,465
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	CONTRIBUTIONS	3,769	3,769
b	LOSS ON SALE OF ASSETS	2,632		2,632
c
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	139,135	115,857	23,278	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			5,769	1	23,753
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4	9,042
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net ....				7
8	Inventories for sale or use ........				8
9	Prepaid expenses and deferred charges ......				9	1,023
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	599
b	Less: accumulated depreciation	10b	342		10c	257
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			2,632	15	1,023
16	Total assets. Add lines 1 through 15 (must equal line 34)...			8,401	16	35,098

17	Accounts payable and accrued expenses .....		17
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..	7,448	24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	7,448	26	0

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets	953	27	35,098
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	953	33	35,098
34	Total liabilities and net assets/fund balances ........	8,401	34	35,098

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

1a	Land ...
b	Buildings
c	Leasehold improvements
d	Equipment ...	599	342	257
e	Other ...
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				257

(a) Description of security or category (including name of security)	(b)Book value	(c)Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII