A MESSAGE FROM
OUR CHAIR
I am excited to kick off the year as the 66th chairman of the LAX Coastal Chamber of Commerce. Like any busy business professional, when I was asked to take on the role as Chairman of the Board, I was worried about the time commitment. After careful consideration, I realized that there was nothing to worry about. The LAX Coastal Chamber of Commerce has a team of five amazing staff members and countless volunteers that help make the job easy. The saying goes, “many hands make light work” and that is so true in this organization. From our committee chairs to our ambassadors, from our board of directors to our executive committee the Chamber is blessed with strong leaders. Our volunteers represent a diverse group of business professionals who are trail blazers in their industries. Each one bringing their time, talent and expertise to support our organization. I am thrilled to have the opportunity to take the lead this year and am so grateful to have the chance to work with so many wonderful individuals. Here’s to a great 2019-2020! 1 | LAX Coastal 2019 Annual Report
YOUR LOCAL
CHAMBER As your local chamber, we are the hub for all businesses and organizations looking to thrive. LAX Coastal Chamber members are offered exclusive access to resources, connections, advocacy, networking and community outreach not available anywhere else. Serving the communities of Westchester, Marina del Rey, Playa Vista, Playa del Rey, Del Rey and surrounding areas since 1953, we undersand collaboration, relationship building and commitment to service are integral for a thriving business, so we are here to assist you - and your business - every step of the way.
A B O U T YO U R C H A M B E R
585 MEMBERS
20 8 24 35 2 12 149 18 5 11 4 15
Networking Mixers Special Events Educational Workshops
86,129
pageviews to the LAX Coastal Chamber’s website
Committee Meetings Membership Orientations Free Coworking Days
/ L A X C O A S TA L
1,576
page likes
Room Rentals Hosted Leadership Academy Graduates New Initiatives
@ L A X C O A S TA L
619
followers
Community Partnerships Power Hours Grand Openings
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1070
followers
RANKED #13 AS A CHAMBER OF COMMERCE IN THE LA BUSINESS JOURNAL’S BOOK OF LISTS 3 | LAX Coastal 2019 Annual Report
KEY FINANCIAL FIGURES
Maintaining a tradition of success, the LAX Coastal Chamber of Commerce once again ended the fiscal year (July 1, 2018 - June 30, 2019) in the black with a $22,000 surplus. To constantly strive for excellence, we continue to make upgrades to our office space and technology. We maintain a strong financial position with enough dollars in our reserve account to cover four months of operating expense. This success is not possible without the support of our members. We are grateful for your continued investment. We are committed to be the strongest voice for business in our community.
BELOW IS A FINANCIAL SNAPSHOT OF OUR FISCAL YEAR 8% 7% 8% 34% 43% <1%
Certificate of Origin Coworking Advertising Membership Program Interest
2018-19
INCOME
6.75%
INCREASE BUDGET
BUDGET
2018-19 Advertising Income Certificates of Origin CoWorking Membership Income Program Income Interest Income TOTAL BUDGET
BUDGET
2017-18 $55,350 $62,985 $52,980 $268,495 $325,745 $70 $765,625
Advertising Income Certificates of Origin CoWorking Membership Income Program Income Interest Income TOTAL BUDGET
2016-17 $51,705 $63,135 $42,995 $239,460 $319,920 $50 $717,265
Advertising Income Certificates of Origin CoWorking Membership Income Program Income Interest Income TOTAL BUDGET
$47,230 $62,960 $50,610 $203,100 $264,670 $5,710 $634,280
YEAR IN
REVIEW 2018-19
This year was yet another productive and busy year for the Chamber. A few highlights from the year include: Fourth of July Parade Annual Meeting of the Membership Neighborhood School Expo Leadership Academy State of LAX LAX Coastal Magazine City of Angels Teacher Eddy Awards ChamberFest LAeXpo Installation Gala
5 | LAX Coastal 2019 Annual Report
N
PROGE W RAM In 2018-2019 the Chamber relaunched its Construction Infrastructure Committee with the new name and new missionâ&#x20AC;&#x201D;The Design Development & Construction Committee. Led by Anthony Kirby of Arup and Rashmi Menon of Parsons, the committee kicked off with a bang! The meetings have been met with such a strong attendance that we have outgrown the Chamberâ&#x20AC;&#x2122;s office as a venue. The DDC now meets quarterly at one of our local hotels for breakfast. These meetings include presentations from industry leaders in the field of construction, transportation and land use.
OUR CHAMBER
LEADERSHIP
The LAX Coastal Chamber is governed by a 34-member Board of Directors. Each year 9 seats are open for election for a three-year term. The Chair has the prerogative to select 4 one-year board appointments, and there are 3 designated seats held by Los Angeles World Airports, Loyola Marymount University and Otis College of Art and Design.
2019-20
Executive Committee
BOARD OF DIRECTORS Michael D’Amodio - Interstate Hotels
Christine Dieu - Marina del Rey Hotel
Andrew Chereck - Bryan Cave
Tracy Fietz - Kaiser Permanente West LA
Joe Coleman - Decron Properties
Gabriela Flores - Cedars-Sinai
Alexandra Dumas - Google
Art Galvan - Southwest Airlines
Thomas Flintoft - Kindel Gagan Inc.
Rod Gopiao - Los Angeles Airport Marriott
Kayla Friedman-Barb - Vanto Group
Jon Graff - Reason Foundation
Ryan Gales - Jenkins/Gales & Martinez
Mike Harriel - SoCalGas
Rae Lamothe - Golding & Lamothe
Anthony Kirby - Arup
Jonathan Lonner - Burns & Bouchard
Cody Koopmann - Drollinger Properties
Rashmi Menon - Parsons
Todd LaPlante - CBRE
David Voss, Jr. - Voss, Silverman & Braybrooke, LLP
John Loussararian - Westchester Family YMCA
Stephanie Younger - Compass Realty
Tony Palermo - Tony P’s Dockside Grill
Charles Bassett - Wallypark
Lori Peters - AvAirPros
Karl Brook - KRB Construction
Fred Puza - Loyola Marymount University
Inez Bush - Otis College of Art and Design
Stephanie Sampson - Los Angeles World Airports
Maria Canchola - Hollywood Park Casino
Matthew Swanlund - Aesthetic Legal
Grant Coonley - Hilton Los Angeles Airport Hotel
Kelly King* - Villa del Mar Apartments & Marina *Honorary Mayor
7 | LAX Coastal 2019 Annual Report
O U R C O R P O R AT E
SPONSORS Our Corportate Partners are the backbone of the LAX Coastal Chamber. It is through their support that we are able to grow and thrive as an organization, and their donations enable us to do great outreach for our small businesses, advocate on behalf of our members, and continue our 65-year legacy as being the voice for business within our community.
WE THANK EACH OF THE BELOW ORGANIZATIONS FOR THEIR INVESTMENT.
Drollinger
MERCURY AIR GROUP, INC.
FROM THE
PRESIDENT/CEO This past year, my team and I had the opportunity to attend a training with the Western Association
“
of Chamber Executives (WACE), an organization of
non-profit leaders representing over 850 Chambers
in 19 different states. We examined best practices to hear about what great Chambers are doing to serve their communities. We learned that the WACE had
just completed a survey of businesses from across the country to see what they expected from their local
Chamber of Commerce. Here’s what they uncovered— Businesses want a “3 C” Chamber of Commerce. They expect their Chambers to be the catalyst for business
AT THE LAX COASTAL CHAMBER OF COMMERCE, WE ARE COMMITTED TO BEING CATALYSTS, CONVENERS, AND CHAMPIONS
“
FOR OUR MEMBERS.
growth, the conveners of leaders and influencers and the champions for stronger communities.
As the president of the Chamber I am proud to declare that we are a “3 C” Chamber. We are
constantly developing programs to help spur business growth and enhance the vitality of our community. We are continuing to find innovative ways to stay relevant and provide value. Our corporate leaders and area
influencers have a seat at the table in our organization and beyond. To steal a line from Queen, “We are the Champions…” The Champions of Westchester,
Playa del Rey, Playa Vista, Marina del Rey and Del
Rey and we are PROUD to be leaders in this amazing community.
The LAX Coastal Chamber is dedicated to making customer service a priority and we value your
investment. We are honored that you have chosen
LAX Coastal to be your Chamber and we promise to
keep working hard so that you get the most from your membership. We will continue to be a “3 C” Chamber
to better serve our members, area businesses and the community.
CHRISTINA DAVIS President/CEO
9 | LAX Coastal 2019 Annual Report
T H E L A X C O A S TA L
TEAM
ENGAGE WITH US
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Monday - Friday, 9am - 5pm 9100 S. Sepulveda Blvd., Ste. 210, Los Angeles, CA 90045 310.645.5151 • info@laxcoastal.com • laxcoastal.com