Orange County Business Council (OCBC) Company Profile

Background

Established in 1995 through the merger of the Orange County Chamber of Commerce & Industry, Industrial League of Orange County, Orange County Economic Development Consortium, and the public-private think tank Partnership 2010, the Orange County Business Council (OCBC) has been a pivotal force in promoting economic development in Orange County, California. Celebrating its 30th anniversary in 2025, OCBC continues to represent and advocate for the business community, collaborating with government and academia to enhance the region's economic prosperity and quality of life.

Key Strategic Focus

OCBC's strategic initiatives are centered around:

Economic Growth: Developing pro-business solutions that lead to sustainable economic development.

Education Development: Fostering a competitive workforce through educational advancements.

Housing Advocacy: Promoting a range of housing options to meet diverse community needs.

Infrastructure Investment: Advocating for adequate investment in regional and statewide infrastructure to support business and community growth.

These initiatives are pursued through hosting events, committee meetings with policymakers, advocacy at various governmental levels, and publishing research reports that inform public policy.

Financials and Funding

As a 501(c)(6) nonprofit organization, OCBC's financial health is reflected in its recent IRS Form 990 filings:

2023: Revenue of $3.18 million; Expenses of $3.13 million.

2022: Revenue of $2.45 million; Expenses of $3.00 million.

2021: Revenue of $2.65 million; Expenses of $2.86 million.

These figures indicate a consistent revenue stream primarily from program services, with expenses closely aligned, ensuring the organization's sustainability.

Leadership Team

OCBC's leadership comprises experienced professionals from diverse industries:

Rebecca Hall, APR: Chair of the Board of Directors. Founder and CEO of Idea Hall, a leading integrated marketing and public relations agency. Recognized for her contributions to the marketing communications industry and active involvement in community organizations.

Larry Chung: Chair Elect. Vice President of Customer Engagement at Southern California Edison, bringing extensive experience in customer relations and energy sector leadership.

Nicole Suydam: Treasurer. President and CEO of Goodwill of Orange County, with a strong background in nonprofit management and community service.

Kevin A. Haboian, P.E.: Immediate Past Chair. Chief Sales Officer and Senior Vice President at HNTB Corporation, offering expertise in infrastructure and transportation sectors.

Competitor Profile

Market Insights and Dynamics

Orange County, California, is a significant economic hub, ranking as the sixth most populous county in the United States. The region boasts a diverse economy with strengths in sectors such as technology, healthcare, tourism, and manufacturing. The presence of major corporations and a highly skilled workforce contribute to a dynamic business environment.

Competitor Analysis

OCBC operates in a landscape with several organizations dedicated to business advocacy and economic development:

Newport Beach Chamber of Commerce: Established in 1907, this chamber focuses on promoting local businesses and economic growth in Newport Beach. It offers networking opportunities, business resources, and community events to support its members.

Greater Irvine Chamber of Commerce: Serves as a catalyst for local economic growth by providing business training, professional development, and networking opportunities. It also promotes the city as a dynamic hub for business and advocates for the interests of the business community.

Orange County Hispanic Chamber of Commerce (OCHCC): Focuses on promoting the economic development of Hispanic-owned businesses and the broader community. It offers resources, networking events, and advocacy tailored to the needs of Hispanic entrepreneurs.

While these organizations share similar goals, OCBC distinguishes itself through its comprehensive approach, integrating business, government, and academia to address county-wide economic development challenges.

Strategic Collaborations and Partnerships

OCBC's effectiveness is amplified through strategic collaborations with various stakeholders:

Government Agencies: Engages with local, state, and federal government bodies to advocate for policies conducive to business growth.

Academic Institutions: Partners with universities and colleges to align educational programs with workforce needs, ensuring a pipeline of skilled talent.

Industry Associations: Collaborates with sector-specific organizations to address industry challenges and opportunities collectively.

These partnerships enable OCBC to leverage diverse expertise and resources, enhancing its impact on the region's economic landscape.

Operational Insights

OCBC's strategic positioning involves:

Advocacy: Representing business interests in policy discussions at all government levels.

Research: Conducting and publishing studies that inform public policy and business strategies.

Events: Hosting forums, conferences, and meetings that facilitate networking and knowledge sharing among business leaders.

This multifaceted approach ensures OCBC remains a central figure in Orange County's economic development.

Strategic Opportunities and Future Directions

Looking ahead, OCBC aims to:

Expand Membership: Attract a broader range of businesses to enhance representation and influence.

Enhance Digital Presence: Utilize technology to reach and engage members more effectively.

Focus on Innovation: Support initiatives that foster innovation and entrepreneurship within the county.

By building on its established strengths and embracing new opportunities, OCBC is well-positioned to continue driving economic growth and prosperity in Orange County.