2025-05-14T15:28:21-05:00 2024-06-30 910189318 MOSS ADAMS LLP 2882 PROSPECT PARK DR STE 300 RANCHO CORDOVA CA 95670 990 2023-07-01 680408095 CALIFORNIA TRAVEL AND TOURISM COMMISSION CALI 9164444429 555 CAPITOL MALL 1100 SACRAMENTO CA 95814 CAROLINE BETETA-WHITNEY PRESIDENT/CEO 9164444429 2025-05-14 1 1 LAUREN A HAVERLOCK P00545829 9165038100 2025-05-14 2023 2025-03-06 01:10:19Z VISIT CALIFORNIA CAROLINE BETETA-WHITNEY 555 CAPITOL MALL 1100 SACRAMENTO CA 95814 159679539 0 X WWW.VISITCALIFORNIA.COM X 1997 CA KEEP CALIFORNIA TOP-OF-MIND AS A PREMIER TRAVEL DESTINATION. 30 30 73 33 0 0 31784287 21363295 110890278 133960600 2788137 4342697 12765 12947 145475467 159679539 0 12688411 0 0 13305787 16265668 0 0 0 136098470 151198048 149404257 180152127 -3928790 -20472588 138737357 103562622 67054366 50769438 71682991 52793184 X VISIT CALIFORNIA IS A NON-PROFIT ORGANIZATION WITH A MISSION TO DEVELOP AND MAINTAIN MARKETING PROGRAMS - IN PARTNERSHIP WITH THE STATE'S TRAVEL INDUSTRY - THAT KEEP CALIFORNIA TOP-OF-MIND AS A PREMIER TRAVEL DESTINATION IN THE COUNTRY. 0 1 CALIFORNIA IS THE PREMIER TRAVEL DESTINATION IN THE UNITED STATES, ATTRACTING 264.1 MILLION VISITORS IN 2023. IN 2023, THE STATE'S TRAVEL INDUSTRY GENERATED $150.4 BILLION IN REVENUE FOR STATE BUSINESSES, $12.7 BILLION IN LOCAL AND STATE TAXES AND EMPLOYED 1.2 MILLION CALIFORNIANS. VISIT CALIFORNIA BEGAN OPERATION IN 1998 AS A COALITION OF TRAVEL INDUSTRY INTERESTS WITH THE OBJECTIVE OF DEVELOPING MARKETING PROGRAMS THAT KEEP CALIFORNIA TOP-OF-MIND AS A PREMIER TRAVEL DESTINATION. N/A N/A 0 1 0 1 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 71 0 1 73 1 0 0 0 0 0 0 1 0 X 30 30 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MATTHEW SABBATINI-DILEGAME 9164444429 555 CAPITOL MALL SUITE 1100 SACRAMENTO CA 95814 DAN GORDON CHAIR (AS OF 07/23) 1.00 X X 0 0 0 GENE ZANGER CHAIR (THRU 07/23) 1.00 X X 0 0 0 JULIE COKER VICE CHAIR OF MARKETING 1.00 X X 0 0 0 CARLA MURRAY VICE CHAIR OF OPERATIONS 1.00 X X 0 0 0 KEVIN FAT CHIEF FISCAL OFFICER/TREASURER 1.00 X X 0 0 0 KEVIN BASS COMMISSIONER 1.00 X 0 0 0 SHUAIB BULHAN COMMISSIONER 1.00 X 0 0 0 JIM BURBA COMMISSIONER 1.00 X 0 0 0 PETER CLARKE COMMISSIONER 1.00 X 0 0 0 RON COHEN COMMISSIONER 1.00 X 0 0 0 JOE D'ALESSANDRO COMMISSIONER (THRU 04/24) 1.00 X 0 0 0 MICHAEL DUNNE COMMISSIONER 1.00 X 0 0 0 SANDRA FLETCHER COMMISSIONER (AS OF 10/23) 1.00 X 0 0 0 ROBERT GLEASON COMMISSIONER 1.00 X 0 0 0 DANIEL HALPERN COMMISSIONER (AS OF 03/24) 1.00 X 0 0 0 JOHN KELLIHER COMMISSIONER 1.00 X 0 0 0 TOM KLEIN COMMISSIONER 1.00 X 0 0 0 REED KANDALAFT COMMISSIONER 1.00 X 0 0 0 WILLIAM LOUGHRAN COMMISSIONER (THRU 04/24) 1.00 X 0 0 0 TERRY MACRAE COMMISSIONER 1.00 X 0 0 0 NOREEN MARTIN COMMISSIONER (AS OF 04/24) 1.00 X 0 0 0 RIPTON MELHADO COMMISSIONER 1.00 X 0 0 0 DEE DEE MYERS COMMISSIONER 1.00 X 0 0 0 SIMA PATEL COMMISSIONER 1.00 X 0 0 0 KEN POTROCK COMMISSIONER 1.00 X 0 0 0 STEPHEN REVETRIA COMMISSIONER (AS OF 04/24) 1.00 X 0 0 0 JOHN SHEPERDSON COMMISSIONER 1.00 X 0 0 0 BOBBIE SINGH-ALLEN COMMISSIONER 1.00 X 0 0 0 TED SELOGIE COMMISSIONER (AS OF 10/23) 1.00 X 0 0 0 KURT STOCKS COMMISSIONER 1.00 X 0 0 0 SCOTT STROBL COMMISSIONER 1.00 X 0 0 0 PAUL TORMEY COMMISSIONER (THRU 08/23) 1.00 X 0 0 0 BENJAMIN WEBSTER COMMISSIONER 1.00 X 0 0 0 SCOTT WHITE COMMISSIONER 1.00 X 0 0 0 CAROLINE BETETA-WHITNEY PRESIDENT AND CEO 40.00 X 1965360 0 252547 MATTHEW SABBATINI-DILEGAME CHIEF OPERATING OFFICER 40.00 X 824155 0 131990 LYNN CARPENTER VICE PRESIDENT OF MARKETING 40.00 X 599256 0 161166 RYAN BECKER VICE PRESIDENT OF COMMUNICATIONS 40.00 X 388386 0 90640 LEONA REED ASSOCIATE VP OF GLOBAL MARKETING 40.00 X 366575 0 99595 SCOTT PLAMONDON LEGAL COUNSEL 40.00 X 343000 0 105948 JORDAN KERR DIRECTOR OF FINANCE/CONTROLLER 40.00 X 239250 0 38184 TERRY MINTON DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 222250 0 38235 ERIKA DIPROFIO - ASSOCIATE VP OF GLOBAL BRAND ADVERTISING 40.00 X 238278 0 38719 5186510 0 957024 38 0 1 0 THE SHIPYARD LLC 580 N 4TH STREET SUITE 500 COLUMBUS OH 43215 ADVERTISING 85381925 MEREDITH CORPORATION 1716 LOCUST STREET DES MOINES IA 50309 ADVERTISING 11220558 CORPORATION FOR TRAVEL PROMOTION DBA BRA 1725 I ST NW STE 800 WASHINGTON DC 20006 ADVERTISING 3300000 BLACK DIAMOND AGENCY LTD SOMERSET HOUSE STRAND LONDON UK WC2R 1LA ADVERTISING 2406604 ERNST & YOUNG US LLP 200 PLAZA DRIVE SUITE 2222 SECAUCUS NJ 07094 CONSULTING 2304666 82 21363295 21363295 RENTAL CAR ASSESSMENT 900099 70437099 70437099 ACCOMMODATIONS 900099 46045057 46045057 RESTAURANTS AND RETAIL 900099 8311139 8311139 CO-OP PARTNER CONTRIBUTIONS 900099 5061697 5061697 ATTRACTIONS 900099 2629419 2629419 1476189 1476189 133960600 4338042 4338042 4655 0 4655 4655 4655 MISCELLANEOUS REVENUE 900099 12947 12947 12947 159679539 133973547 0 4342697 12688411 3948368 9730463 774594 1037880 774363 510721 1320083 140812310 677557 1627414 1217778 789154 117075 1815491 128650 ORGANIZATIONAL PROJECTS 1800561 RFP EXPENSES 175404 MEALS AND ENTERTAINMENT 120262 BAD DEBT 55922 29666 180152127 62661216 32894332 14322602 2721091 16388004 19075842 1895145 1982915 21572738 16464567 3968813 5108171 31458654 35079605 8042923 6700666 138737357 103562622 39740824 25227554 19815877 19087961 7497665 6453923 67054366 50769438 X 71682991 52793184 71682991 52793184 138737357 103562622 X -20472588 226193 1356588 X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 3063225 2137160 926065 1307681 784295 523386 17201832 13543112 3658720 5108171 RIGHT-OF-USE ASSET 5701412 DEPOSITS 125800 CAPITAL PROJECTS IN PROGRESS 633013 ACCRUED INTEREST 219987 DUE FROM VENDORS - CLEARING ACCOUNT 20454 6700666 LEASE LIABILITY 6453923 6453923 161257665 226193 1356588 1582781 159674884 4655 4655 159679539 180147472 0 180147472 4655 4655 180152127 PART XI, LINE 2D - OTHER ADJUSTMENTS: EMPLOYER RETENTION CREDIT FOR A PRIOR YEAR 1,356,588. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF FIXED ASSETS 4,655. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF FIXED ASSETS 4,655. EAST ASIA AND THE PACIFIC 4 4 PROGRAM SERVICES REGIONAL MARKETING/ ADVERTISING 10721017 NORTH AMERICA (CANADA AND MEXICO) 2 2 PROGRAM SERVICES REGIONAL MARKETING/ ADVERTISING 10155163 EUROPE (INCLUDING ICELAND AND GREENLAND) 5 5 PROGRAM SERVICES REGIONAL MARKETING/ ADVERTISING 7405526 SOUTH ASIA 1 1 PROGRAM SERVICES REGIONAL MARKETING/ ADVERTISING 461757 MIDDLE EAST AND NORTH AFRICA 1 1 PROGRAM SERVICES REGIONAL MARKETING/ ADVERTISING 211651 13 13 0 0 13 13 28955114 0 28955114 0 0 0 0 0 1 PART I, LINE 3: ALL MONIES SPENT IN FOREIGN COUNTRIES WERE USED TO PROMOTE CALIFORNIA AS A TRAVEL DESTINATION TO CONSUMERS, MEDIA, AND TRADE. EXPENSES REPORTED IN COLUMN (F) ARE BASED ON AMOUNTS PAID TO VENDOR BY COUNTRY. 1 SAN DIEGO TOURISM AUTHORITY 750 B STREET SUITE 1500 SAN DIEGO CA 92101 951812810 501(C)(6) 1140805 0 GENERAL SUPPORT (TO PROMOTE TOURISM FOLLOWING COVID-19'S EFFECT ON CALIFORNIA TOURISM) LOS ANGELES TOURISM & CONVENTION BOARD 6801 HOLLYWOOD BOULEVARD HOLLYWOOD CA 90028 953165255 501(C)(6) 6705523 0 GENERAL SUPPORT (TO PROMOTE TOURISM FOLLOWING COVID-19'S EFFECT ON CALIFORNIA TOURISM) SAN FRANCISCO TRAVEL ASSOCIATION 1 FRONT STREET SUITE 2900 SAN FRANCISCO CA 94111 940835150 501(C)(6) 4842083 0 GENERAL SUPPORT (TO PROMOTE TOURISM FOLLOWING COVID-19'S EFFECT ON CALIFORNIA TOURISM) 0 3 PART I, LINE 2: WE'VE ESTABLISHED INTERNAL CONTROLS AND PROCEDURES TO TRACK EXPENDITURES AND ACTIVITIES FOR THE OVERALL GRANT. THE SUBGRANT AMOUNTS ARE HELD IN A GRANT GL ACCOUNT AND ARE MONITORED BY THEIR RESPECTIVE CONTRACT NUMBERS. EACH SUBRECIPIENT HAS RECEIVED THEIR OWN CONTRACT NUMBER WHERE WE TRACK THEIR EXPENSES. ONCE A MONTH, WE RECEIVE REIMBURSEMENT REQUESTS FROM THE SUB-RECIPIENTS WHERE THEY INCLUDE AN OVERALL REPORT OF ALL GRANT ACTIVITIES AND ALL BACKUP DOCUMENTATION FOR THEIR EXPENSES. EY, A THIRD-PARTY CONSULTANT, REVIEWS THESE REIMBURSEMENT REQUESTS TO ENSURE COMPLIANCE WITH FEDERAL RULES AND REGULATIONS, AS WELL AS COMPLIANCE WITH OUR GRANT AWARD CONDITIONS AND GRANT ADMINISTRATION PLAN. THE REIMBURSEMENT PACKETS ARE THEN REVIEWED BY INTERNAL STAFF AND APPROVED TO BE SENT TO THE EDA. ALL BACKUP DOCUMENTATION IS SENT TO THE EDA FOR REVIEW, APPROVAL AND REIMBURSEMENT. ONCE A MONTH, A REPORT IS COMPLETED REFLECTING THE ACTIVITY AND EXPENSES TO DATE BASED ON THE ACTIVITIES OUTLINED IN THEIR GRANT AGREEMENTS. THIS REPORT IS INTERNALLY DISTRIBUTED TO COMMUNICATE THE PROGRESS AND EXPENSES OF THE GRANT. ADDITIONAL REPORTS, AS REQUIRED BY OUR GRANT, ARE SUBMITTED EITHER ANNUALLY OR SEMI-ANNUALLY TO THE EDA. THESE REPORTS RANGE FROM A NARRATIVE REPORT THAT REFLECTS PROGRESS TO DATE, SURVEYS AS REQUIRED BY THE GRANT, AND FINANCIAL REPORTS. TO PROVIDE ADDITIONAL SUPPORT AND ENHANCE OUR GRANT MONITORING EFFORTS, A MONTHLY CALL IS HELD WHERE THE SUBRECIPIENTS AND THEIR STAFF JOIN TO RECEIVE UPDATES, ASSISTANCE, OR INFORMATION REGARDING THE GRANT. ANY DISCREPANCIES OR ISSUES IDENTIFIED DURING MONITORING ARE ADDRESSED THROUGH CORRECTIVE ACTION PLANS. CONTINUOUS COMMUNICATION BETWEEN ALL PARTIES AND THE FEDERAL AGENCY HELPS TO ENSURE TRANSPARENCY AND ACCOUNTABILITY THROUGHOUT THE MONITORING PROCESS, ULTIMATELY ENSURING THAT FUNDS ARE USED EFFICIENTLY AND FOR THEIR INTENDED PURPOSES. X 1 1 X X X X X X 0 1 0 CAROLINE BETETA-WHITNEY PRESIDENT AND CEO 1950649 0 0 0 14711 0 198654 0 53893 0 2217907 0 0 0 MATTHEW SABBATINI-DILEGAME CHIEF OPERATING OFFICER 748262 0 60600 0 15293 0 95086 0 36904 0 956145 0 0 0 LYNN CARPENTER VICE PRESIDENT OF MARKETING 583981 0 0 0 15275 0 98908 0 62258 0 760422 0 0 0 RYAN BECKER VICE PRESIDENT OF COMMUNICATIONS 338043 0 35050 0 15293 0 63163 0 27477 0 479026 0 0 0 LEONA REED ASSOCIATE VP OF GLOBAL MARKETING 366575 0 0 0 0 0 49822 0 49773 0 466170 0 0 0 SCOTT PLAMONDON LEGAL COUNSEL 343000 0 0 0 0 0 64320 0 41628 0 448948 0 0 0 JORDAN KERR DIRECTOR OF FINANCE/CONTROLLER 239250 0 0 0 0 0 8490 0 29694 0 277434 0 0 0 ERIKA DIPROFIO - ASSOCIATE VP OF GLOBAL BRAND ADVERTISING 238278 0 0 0 0 0 30384 0 8335 0 276997 0 0 0 TERRY MINTON DIRECTOR OF INFORMATION TECHNOLOGY 222250 0 0 0 0 0 6519 0 31716 0 260485 0 0 0 PART I, LINE 1A OCCASIONAL FIRST CLASS TRAVEL PROVIDED TO PRESIDENT AND CEO. THE BENEFIT IS NOT TREATED AS TAXABLE COMPENSATION TO THE LISTED INDIVIDUALS. PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN AND THE FOLLOWING CONTRIBUTIONS TO A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. NO DISTRIBUTIONS WERE MADE FROM THE PLAN DURING THE YEAR. RYAN BECKER - $35,050 CAROLINE BETETA-WHITNEY - $154,154 LYNN CARPENTER - $60,350 ERIKA DIPROFIO - $24,150 SCOTT PLAMONDON - $35,600 LEONA REED - $32,350 MATTHEW SABBATINI-DILEGAME - $60,600 FORM 990, PART III, LINE 3 THE $15 MILLION ONE-TIME STATE STIMULUS DESIGNED TO ENHANCE CALIFORNIA'S TOURISM ECONOMY WAS EXCLUSIVELY RECEIVED IN FISCAL YEAR 2023. NO COMPARABLE GRANTS WERE RECEIVED IN FISCAL YEAR 2024. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT ON THE COMMISSION'S BEHALF WITHOUT HAVING TO OBTAIN THE ULTIMATE APPROVAL OF THE FULL COMMISSION. THE EXECUTIVE COMMITTEE CONSISTS OF THE DIRECTOR, SUCH APPOINTED COMMISSIONERS AND ELECTED COMMISSIONERS AS ELECTED BY THE COMMISSION, AS WELL AS THE CEO WHO SITS EX-OFFICIO, WITHOUT VOTE. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE COMMISSION WITH RESPECT TO MATTERS WITHIN THEIR AREA OF ASSIGNED RESPONSIBILITY, AND IS RESTRICTED FROM CERTAIN ACTIONS OUTLINED BY THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 6 PURSUANT TO THE GOVERNING DOCUMENTS, THE STATE GOVERNOR AND CERTAIN ASSESSED BUSINESSES WITHIN SPECIFIC TOURISM INDUSTRY CATEGORIES HAVE THE RIGHT TO LIMITED PARTICIPATION IN THE ORGANIZATION'S GOVERNANCE THROUGH THE APPOINTMENT AND ELECTION OF BOARD COMMISSIONERS. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTOR OF THE GOVERNOR'S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT SERVES AS EX-OFFICIO COMMISSIONER AND CHAIRPERSON ("DIRECTOR"). THE GOVERNOR APPOINTS TWELVE COMMISSIONERS WHO ARE PROFESSIONALLY ACTIVE IN THE TOURISM INDUSTRY TO REPRESENT EACH OF THE TWELVE OFFICIALLY DESIGNATED TOURISM REGIONS. TWENTY-FOUR ELECTED COMMISSIONERS, WHO ARE LIMITED TO AND REQUIRED TO REPRESENT ASSESSED BUSINESSES OR A TRADE ASSOCIATION REPRESENTING SUCH BUSINESSES, ARE ELECTED IN A REFERENDUM. ASSESSED BUSINESSES VOTE ONLY FOR ELECTED COMMISSIONERS REPRESENTING THEIR RESPECTIVE INDUSTRY CATEGORIES. REGARDLESS OF THE NUMBER OF BALLOTS RECEIVED FOR A REFERENDUM, THE NOMINEE FOR EACH ELECTED COMMISSIONER POSITION WITH THE MOST WEIGHTED VOTES FROM ASSESSED BUSINESSES WITHIN THAT INDUSTRY CATEGORY IS ELECTED COMMISSIONER. THE NUMBER OF ELECTED COMMISSIONERS ELECTED FROM EACH INDUSTRY CATEGORY IS DETERMINED BY THE WEIGHTED PERCENTAGE OF ASSESSMENTS FROM THAT INDUSTRY CATEGORY. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION IS GATHERED BY MANAGEMENT AND PROVIDED TO AN EXTERNAL CPA TO PREPARE THE RETURN. THE DRAFT IS REVIEWED BY MANAGEMENT THEN PROVIDED VIA EMAIL TO ALL VOTING MEMBERS OF THE COMMISSION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST (COI) IS OBVIOUSLY A CONCERN WITH VISIT CALIFORNIA STAFF AND COMMISSIONERS. IN ADDITION TO THE FORM 700 FILING REQUIREMENTS WHICH REQUIRES THEY DISCLOSE ANY PERSONAL FINANCIAL INTEREST THEY MAY HAVE THERE IS ALSO A PROVISION IN THE EMPLOYEE HANDBOOK THAT REQUIRES EMPLOYEES TO DISCLOSE ANY POTENTIAL COI. WE ALSO PROVIDE COI TRAINING FOR COMMISSIONERS AND ACTUALLY REQUIRE THEM TO COMPLETE THIS TRAINING EVERY TWO YEARS. CONTRACT THRESHOLDS ARE ALSO SET THAT FORM RFP COMMITTEES SO THAT EMPLOYEES ARE NOT THE SOLE DECISION MAKERS WHEN CHOOSING VENDORS. IF A COMMISSIONER HAS A COI, THEY ARE REQUIRED TO RECUSE THEMSELVES AND THE DECISION WOULD BE MADE BY THE REST OF THE VOTING MEMBERS OF THE GOVERNING BODY. IF A STAFF MEMBER HAS A COI, THE EXECUTIVE TEAM WOULD DETERMINE WHETHER THEY WOULD BE REQUIRED TO SIT OUT DEPENDING ON THE DECISION TO BE MADE. FORM 990, PART VI, SECTION B, LINE 15 THE VISIT CALIFORNIA COMMISSION IS RESPONSIBLE FOR DESIGNATING THE PERSONNEL COMMITTEE WHICH IS RESPONSIBLE FOR THE WRITTEN EMPLOYMENT CONTRACT, GATHERING DATA REGULARLY FROM COMPENSATION SURVEYS OR STUDIES, ETC. THE PERSONNEL COMMITTEE IS MADE UP OF INDEPENDENT COMMISSION COMMITTEE MEMBERS. THE COMMISSION HAS DESIGNATED AUTHORITY TO THE PERSONNEL COMMITTEE TO DETERMINE THE ABOVE AND ENTER INTO CONTRACT WITH THE CEO. THE CEO'S COMPENSATION IS REEVALUATED UPON EXPIRATION OF THE MOST RECENT COMPENSATION CONTRACT. THE PERSONNEL COMMITTEE THEN INFORMS THE EXECUTIVE COMMITTEE, THROUGH PUBLIC MEETINGS AND MEETING MINUTES OF THE NEW LANGUAGE, BUT DOES NOT NEED FURTHER APPROVAL. THE CEO'S COMPENSATION IS DETERMINED BY THE PERSONNEL COMMITTEE AS OUTLINED ABOVE AND WAS MOST RECENTLY COMPLETED IN 2021. OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION CONTRACTS ARE DETERMINED BY THE CEO AFTER AN OUTSIDE FIRM PROVIDES COMPENSATION ANALYSIS AND RECOMMENDATIONS. EMPLOYMENT CONTRACTS ARE WRITTEN BY LEGAL COUNSEL AND ARE EXECUTED BY ALL OFFICERS OF VISIT CALIFORNIA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EMPLOYER RETENTION CREDIT FOR A PRIOR YEAR 1,356,588.