Annual Report 2005 2005 Annual Report 2005 Annual Report

Making a Difference...Helping Members Grow

Los Angeles Area Chamber of Commerce Annual Report 2005 2005 Annual Report 2005 Annual Report

Christopher C. Martin FAIA Russell J. “Rusty” Hammer Chief Executive Officer President & CEO AC Martin Partners Los Angeles Area 2005 Board Chair Chamber of Commerce

To Our Members:

The Los Angeles Area Chamber of Commerce responded to pressing issues in 2005 with a strong, unified front resulting in significant progress for our region’s business community.

The L.A. region is one of the most vibrant places in the world to do business and to live. Each day we advocated for change— supporting initiatives for the education of our children and pushing to rebuild our infrastructure.

Since its founding in 1888, the Chamber has been serving the needs of the Los Angeles business community through business development, public policy and advocacy initiative programs. More than a century later, the Chamber has been more active than ever in raising its voice on critical business and political issues on topics that matter the most to our members.

This annual report highlights the Chamber’s activities in 2005, including programs that helped enhance members’ companies and Access advocacy trips to Washington, D.C., Sacramento and Los Angeles City Hall. Through our partnerships with other business organizations across the L.A. region, we created a powerful voice for businesses. Our Chamber leaders and committees led the way to great achievements in 2005.

Sincerely,

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Mission By being the voice of business, helping its members grow and promoting collaboration, the Los Angeles Area Chamber of Commerce seeks full prosperity for the Los Angeles region

THE VOICE OF BUSINESS Advocacy & Public Policy Initiatives Major Public Policy Accomplishments Business advocacy at the local, state and federal level remained a focal point for the Chamber in 2005. As the voice of business, the Chamber sought to bring about change for the betterment of the Los Angeles region. The organization created partnerships with other chambers and with those in the political and civic arenas. The Chamber organized events to raise public and business awareness for issues affecting our community, including transportation, health care and the environment. The Chamber’s signature Access series connected business owners with policymakers through trips to Washington, D.C., Sacramento and L.A. City Hall. Other policy events included our monthly Accenture Pancakes & Politics, Mobility-21 and task forces for issues of interest. The Chamber continued distributing The Business Perspective, an influential weekly commentary on political and public issues. Entertainment • The Chamber aimed to combat runaway production by lobbying in Sacramento for support of AB 777, which seeks to strengthen the local entertainment industry by providing tax credits for certain types of films, television programs and commercials based in California. • The Entertainment Industry Business Council held a series on changing main stream entertainment content to attract diverse audiences. Transportation • Transportation & Goods Movement Committee Chair Fran Inman, Majestic Realty Co., chaired a task force to review the infrastructure improvement bonds. • The Chamber applauded Burlington Northern Santa Fe Railway’s proposed Southern California International Gateway Project, which would help relieve congestion on local “At the Chamber, the real work freeways and improve air quality throughout the region. of public policy gets done without • The Chamber supported Gov. Arnold Schwarzenegger’s proposal to include getting mired in fights…There are $1.3 billion in transportation funds in this year’s budget. so many issues in Los Angeles that • The Chamber lobbied in opposition to SB 1024, a $7.6 billion bond that includes an are important to our company— earmark to cover cost overruns of the Bay Bridge seismic retrofit project. and any issue you can think of is Health care going to affect all businesses.” • The Chamber advocated for a new, independent health authority led by health care —Edward Munoz and hospital professionals, instead of the current system in which L.A. County Chamber Board Member Supervisors govern day-to-day operations. Director of Government Relations, Corporate West, Raytheon Downtown • The Chamber urged L.A. City Councilmembers to support subsidies for a new hotel adjacent to the L.A. Convention Center. The hotel, part of the Anshutz Entertainment Group’s L.A. Live project, is expected to create 3,000 construction jobs and provide permanent work for about 1,000 hotel employees. L.A. Inc. estimates more than $130 million in tax revenue from the project.

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Environment • Past Chamber Board Chair George Kieffer, Manatt, Phelps & Phillips, LLP, was appointed to represent the Chamber on the California Environmental Quality Act Improvement Advisory Group. The group worked with members of Gov. Schwarzenegger’s cabinet to propose improvements to CEQA to speed in-fill housing and other reforms. Housing • The Chamber opposed proposals to mandate a high percentage of low-income units in all new developments, which could drive homebuilders out of L.A. and

CASH FOR COLLEGE. Mayor Antonio Villaraigosa greets one further reduce the city’s affordable housing stock. of the students at a press conference during the Chamber’s annual Cash For College convention in October. Education • The Chamber led teams of education administrators and teachers to previously failing schools in Boston, San Diego and Seattle, which have been reinvented as successful small schools and learning communities. • The Chamber endorsed the universal preschool initiative, which would provide free voluntary preschool for all four-year-olds in California. International Trade The Chamber promoted international trade and increased awareness among L.A. businesses of opportunities in foreign markets. The International Trade Division conducted several events highlighting trade, including: • World Trade Week 2005, an annual program that promotes the importance of international trade to the L.A. economy • Trade relations sessions with Brazil and Israel, providing members access to international markets • One Global California conference spotlighting how the L.A. region’s small and mid-sized businesses can navigate the opportunities offered by the Central American Free Trade Agreement and the North American Free Trade Agreement In addition, the Chamber lobbied Congress to pass the Dominican Republic-Central American Free Trade Agreement during its Access D.C. trip in April. President Bush signed the agreement in July. Leadership, Education and Workforce Development College-Ready Initiatives “We are an emerging global capital, an economic powerhouse, and a Cash For College More than 10,000 students, parents and educators visited more vibrant community—but we must than 100 college and career exhibitors and attended financial aid workshops during the Chamber’s annual Cash For College convention in October. rise to overcome the challenges our rapid growth has brought about.” Work-Ready Certificate Program The Chamber’s Education and Workforce Development division created a Work-Ready Certification, a portable credential to —Chris Martin improve youth access to jobs. 2005 Chamber Board Chair CEO, AC Martin Partners L.A. Youth at Work The Chamber hosted a L.A. Youth at Work event in June, matching nearly 400 students with summer employment. An August job fair helped provide more than 150 students with leads for construction industry work. Principal for a Day and Executive for a Day Business leaders offered LAUSD school principals a look in today’s corporate workplace and in turn received an up-close view of the workings of our region’s school system. The program increases mutual understanding and fosters a spirit of civic involvement and commitment to L.A.’s public schools. Leadership L.A. The Chamber continued to foster Leadership L.A., a community leadership development program, designed for L.A. business leaders who want to expand their civic involvement. The program’s curriculum addresses major issues affecting the L.A. region. 3 2005 Annual Report

HELPING MEMBERS GROW Business Development Programs “The policy committees have given me Affordable Advertising Programs a lot of knowledge and insight…they Members increased their visibility via high-exposure advertising in the help you become a better thinker and Chamber Voice quarterly newsletter, weekly e-mail newsletter and the Annual a better citizen.” Magazine and Member Directory. —Vicky Panossian Ambassadors Club President, IMD, The Chamber continued to recruit candidates for the program, allowing Integral Market Developer Ambassadors to connect with new Chamber members and hundreds of existing members.

Bottom Line Benefits Program The Chamber highlighted a variety of products and services to help members reduce their cost of doing business. Discounted offerings include package delivery by DHL, office products from Office Depot, parking at LAX from The Parking Spot and job listings from NationJob Network. Member Advantage, the Chamber’s member-to-member discount program, provides a promotional channel and valuable exposure for member products and services. Industry Councils The councils met quarterly to bring together member companies from similar industry segments to discuss issues and concerns, and assist the Chamber in identifying programs to help their businesses grow. The councils included International Trade & Investment and Technology Industry. Keeping Members Informed The Chamber began the quarterly print distribution of the Chamber Voice to keep our members informed on the Chamber’s activities in the areas of advocacy, events and member benefits. The Chamber continued development of the Chamber Web site as a communication resource; and continued distribution of the Chamber’s weekly newsletters, L.A. Business This Week and The Business Perspective column from Rusty Hammer.

HELPING MEMBERS GROW. Top photo: The Chamber honors members active in the Ambassadors Club, which connects ambassadors with new Chamber members and hundreds of existing members. Bottom photo: Chamber members enjoy a game of golf during the Chamber’s annual golf tournament.

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Member Orientations The Chamber hosted quarterly sessions to provide members with information on how to maximize their Chamber investment. Policy Committees The Chamber encouraged members to get involved in the monthly policy committee meetings that help set policy direction for the Chamber. Hundreds of members met monthly to direct and advance the organization’s public policy priorities. Referral Network The Chamber’s Referral Network met bimonthly, allowing attendees to network with other Chamber members and develop relationships to grow and develop their businesses. Signature Events Thousands of businesses from across the region came together through the Chamber’s signature events to celebrate our community, small businesses, various industry segments, and address significant challenges in the region. The Chamber’s 2005 signature events included the Inaugural Dinner, Construction Industry Awards Luncheon, World Trade Week Kick-Off Breakfast, Small Business Awards Luncheon, Golf Classic, Mobility 21 Summit and State of the Chamber Membership Luncheon. VIP Receptions The Chamber hosted receptions for the very important partners of our Circle of Support membership level, to provide executive-level networking and timely discussion on business issues.

“I think the Chamber is doing a great job right now as far as communicating with members and educating members on how to utilize the Chamber and its networks, which is something that is often overlooked.”

ADVOCATING FOR L.A. Top photo: Chamber Board Member Ron —Stephen Williams Gastelum, D.H.N. Enterprises, speaks at a Mobility 21 news Chamber Ambassador conference. Middle photo: Members of the Chamber’s delegation Regional Sales Director, Elite Payroll Services met with legislators during the annual Access Washington, D.C. trip. Bottom photo: Chamber members gather at the annual Access L.A. City Hall event.

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FOSTERING COLLABORATION Building Community in L.A.

Alumni Directors The Chamber continued distribution of the Alumni Directors newsletter to reach out to past directors of the Chamber Board and keep them involved and informed about what the organization is doing. “The L.A. Area Chamber looks over Board of Directors the dashboard, so to speak—what The Chamber board are the big issues on the horizon includes ex officio Board that we are facing in L.A. in members from business transportation, education and health organizations, ethnic care. I value that longer-range view chambers and local of the region.” chambers to expand the representation of the —Robert W. Phillips organization. Vice President, Public Affairs Coca Cola Enterprises West Business After Hours Mixers In collaboration with other chambers and business organizations in the county, the Chamber held Business After Hours mixers in various locations allowing more than 1,000 of our members to meet and develop business relationships. Chamber Building The organization continued to utilize the Chamber building as a key asset. The building is fully leased and is a center for business and education. Throughout the year, the Chamber hosted numerous news conferences and events supporting the mission of the organization.

LA Chamber Advocacy Network (LA CAN) The Chamber continued to expand the Los Angeles Chamber Advocacy network (LA CAN). LA CAN is a coalition of chambers in Los Angeles County that work together on advocacy concerns. The coalition represents more than 10,000 businesses.

FOSTERING COLLABORATION. Top photo: From left: John Mack, recipient of the Civic Medal of Honor; Chamber First Vice Chair David Nichols, AT&T; and Eugene Hale, Greater Los Angeles African-American Chamber of Commerce. Middle photo: Chamber members build business relationships at the Chamber’s summer Business After Hours Mixer. Bottom photo: Chamber President & CEO Rusty Hammer speaks at L.A. City Hall on behalf of the Chamber.

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EXECUTIVE COMMITTEE DIRECTORS

Chair David Abel, President, ABL, Incorporated Christopher C. Martin FAIA Anthony K. Anderson, Area Managing Partner, Ernst & Young, LLP Chief Executive Officer Edward Avila, President, Project Restore AC Martin Partners Seth Aronson, Head of L.A. Office, O’Melveny & Myers LLP First Vice Chair James D. Barber, President & CEO, Hospital Association of Southern California David Nichols George H. Benter, President & CEO, City National Bank Senior Vice President Lisa Marie Bongiovanni, VP of Corporate Communications & Government Affairs, Mattel, Inc. South, SBC JoAnn Bourne, Executive VP-Corporate Deposits & Treasury Management Group, Union Bank of California Jean A. Brinkmann, President, Middle Market Banking California,Bank of America Immediate Past Chair Kathleen Brown, Managing Director, Goldman, Sachs & Co. George Kieffer Anthony J. Buzzelli, Regional Managing Partner, Pacific Southwest, Deloitte Partner Samuel W. Cargill, Resident Managing Director, Aon Risk Services, Inc. of Southern California Manatt, Phelps & Phillips, LLP Albert Carnesale, Chancellor, UCLA President & CEO Gregg Carpenter, Managing Director, Head of the West Region, Marsh Risk & Insurance Services Russell J. Hammer William Caswell, Vice President, Marketing, Kaiser Permanente Bruce Choate, President & CEO, Watson Land Company Christopher Ciano, Vice President/General Manager, Commercial Distribution, Blue Shield of California Maria Contreras-Sweet, President, FORTIUS Holdings, LLC Joseph Czyzyk, President & CEO, Mercury Air Group, Inc. Kim Day, Executive Director, Los Angeles World Airports Ron Deaton, General Manager, Los Angeles Department of Water and Power La Donna DiCamillo, Senior Mananger, Government Affairs, Burlington Northern & Santa Fe Railroad William Fain, Managing Partner, Johnson Fain Kenneth H. Fearn, Managing Partner, Integrated Capital, LLC David Fleming, Counsel, Latham & Watkins LLP Alan Fohrer, Chief Executive Officer, Southern California Edison Ronald R. Gastelum, President, D.H.N. Enterprises Rupert G. Grant, Vice President of Business Development, Darian Financial Craig Haffner, President & CEO, Greystone Television Michael R. Harris, Vice President, U.S. Media & Entertaiment, EDS Karen Hathaway, President & Managing Partner, Los Angeles Athletic Club James O. Hernandez, Managing Partner, Accenture Raymond W. Holdsworth, President, AECOM Technology Corporation Clarisa Howard, President & CEO, BD Systems Janice Bryant Howroyd, Chairman & CEO, The Act 1 Group of Companies Fran Inman, Senior Vice President, Majestic Realty Co. Gilbert F. Ivey, Executive Vice President, Metropolitan Water District of Southern California Jane H. Jelenko, Senior Advisor, Bearing Point Sarah Meeker Jensen, Principal, Jensen + Partners Don Jue, V.P., Server Sales Western Region, IBM Corporation Kevin E. Kelso, President of Personal Lines Insurance, Farmers Insurance Group of Companies Maureen A. Kindel, President, GCG Rose & Kindel Daniel E. Kinney, Vice President-Operations, State Farm Insurance Companies Richard Kline, Regional President, Fleishman-Hillard Jolene Koester, President, California State University, Northridge Timothy J. Leiweke, President & CEO, Anschutz Entertainment Group Stephen E. Lenzi, Senior Vice President, Public Affairs, Automobile Club of Southern California Michael D. Lizarraga, President & CEO, TELACU Industries

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EX-OFFICIO

John F. Llewellyn, President & CEO, Forest Lawn Martin Cooper, Chairman, VICA Michael R. Lombardi, President, Stonebridge Holdings, Inc. David Crippens, Chair, UNITE-LA Scott I. London, Partner, KPMG Vivian Campbell, Immediate Past Chair, Los Angeles Robert J. Lowe, Chairman & CEO, Lowe Enterprises, Inc. Junior Chamber of Commerce Thomas L. Mack, VP and Manager of Marketing & Sales, Western U.S., Jacobs Civil Inc. Ray Durazo, Chair, Latin Business Association Fidencio (Feedy) Mares, President, Mares Co. Barbara Glennie, President & CEO, Torrance Chamber Timothy McCallion, President-Pacific Region, Verizon of Commerce Alan McCorkle, Senior Vice President, APM Terminals Pacific, Ltd Leron Gubler, President & CEO, Hollywood Chamber Jamie D. McCourt, Vice Chairman & President, Los Angeles Dodgers, Inc. of Commerce Thomas J.P. McHenry, Partner, Gibson, Dunn & Crutcher LLP Eugene Hale, Chairman, Greater Los Angeles Kathleen H. McKeon, Director of Sales/GM of Growth Markets, AT&T African-American Chamber of Commerce James F. McNulty, Chairman & CEO, Parsons Corporation Lee Harrington, President & CEO, Los Angeles County Irving A. Miller, Group VP, Corporate Communications, Toyota MotorSales, U.S.A., Inc. Economic Development Corporation Ann Muenster-Nuiry, VP, Operation, Municipal Services, ACS Government Solutions Lynne C. Hess, President & CEO, Pasadena Chamber of Commerce David Murphy, Executive Vice President/General Manager, Los Angeles Times Nancy Hiromoto, Chair, World Trade Week Executive Caroline W. Nahas, Managing Director, Southwest Region, Korn/Ferry International Committee Martin W. Newton, Senior Vice President, Wells Fargo Ross Hopkins, Board Member At Large, United Chambers Ivan K. Nikkhoo, President, Vertex Systems, Inc. of Commerce of the San Fernando Valley Alfred A. Plamann, President & CEO, Unified Western Grocers, Inc. Joseph Jou, President, Asian Business Association Thomas M. Priselac, President & CEO, Cedars-Sinai Health System Mark S. Liberman, President & CEO, LA INC. The Rick Richmond, Partner, Kirkland & Ellis, LLP Convention and Visitors Bureau Daniel Rosenfeld, Principal, Urban Partners, LLC Cynthia McClain-Hill, Chair, NAWBO-LA Norman E. Ross, Jr., Sr. VP-Western Region, Delon Hampton & Associates, Chartered David Simon, President, Los Angeles Sports Council Alan I. Rothenberg, Chairman, 1st Century Bank Steven W. Weston, Chairman, Central City Association Stephen D. Rountree, President, Los Angeles Music Center Steven B. Sample, President, University of Southern California Dean A. Scarborough, President & CEO, Avery Dennison SENIOR STAFF Steven Scott, General Manager, Blue Cross of California John H. Semcken, III, Vice President, Pacific Palms Resort Rusty Hammer, President & CEO Robert Simonds, President, The Robert Simonds Company Ron Gastelum, Executive V.P. Roger Snoble, Chief Executive Officer, Metro David Eads, Senior V.P. Steve Soboroff, President, Playa Vista Noly Lallana, CFO R.K. (Rod) Spackman, Manager, Public and Government Affairs-LA Basin, Chevron Corp. Jim Lynch, V.P. of Leadership Programs Howard Stern, Chief Investment Officer, Arden Realty, Inc. David Rattray, V.P. of Education & Workforce Development Lee Stewart, Senior Vice President, Southern California Gas Company James Thomas, President & CEO, Thomas Properties Group Marie Condron, Director of Marketing & Communications Matthew A. Toledo, President & Publisher, Los Angeles Business Journal Brendan Huffman, Director of Public Policy Laura Skandera Trombley, President, Pitzer College Carlos J. Valderrama, Director of Latin American Operations, Carlsmith Ball, LLP Alan B. Wayne, Regional Director, Governmental/Public Affairs, United Airlines Timothy Wennes, Executive Vice President, Countrywide Bank Stewart Wolmark, Managing Director, CDR Financial Inc. Charles Woo, Chief Executive Officer, Megatoys Kenton C. Woods, Chief Executive Officer, Rose Hills Company Robert A. Wyman, Partner, Latham & Watkins LLP Darroch Young, Senior Vice Chancellor, Los Angeles Community College District

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2005 COMMITTEE CHAIRS

Business Legislation Committee INDUSTRY COUNCILS: Chair: Anthony Anderson, Ernst & Young, LLP Business Advisory Council Vice Chair: Fran Inman, Majestic Realty Company Staff: David Eads, Senior Vice President Education & Workforce Development Construction Industry Council Chair: Thomas V. McKernan, Automobile Club of Southern California Chair: Christopher Martin, AC Martin Partners Health Care Committee Entertainment Industry Business Council Chair: Thomas Priselac, Cedars-Sinai Health Staff: David Eads, Senior Vice President Systems Government Affairs Council Vice Chair: Mark Windisch, LA Care Health Plan Staff: Brendan Huffman Senior Vice President International Trade & Investment Committee Technology Industry Council Chair: Charlie Woo, Megatoys Staff: Vertex Systems, Inc. Vice Chair: Carlos Valderrama, Carlsmith Ball, LLP Ivan Nikkhoo, Natural Resources Committee Chair: John Llewellyn, Forest Lawn Vice Chair: Tom McHenry, Gibson, Dunn & Crutcher, LLP Transportation & Infrastructure Committee Chair: David Abel, ABL, Incorporated Vice Chair: Alfonso Rodriguez, URS Corp. Political Action Committee Chair: Rod Spackman, ChevronTexaco Corporation 2005 DIAMOND CLUB MEMBERS

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2005 CIRCLE LEVEL MEMBERS

TITANIUM

American Airlines Los Angeles Department of Water & Power Ralphs Grocery Company Aon Risk Services, Inc. of Southern Los Angeles Dodgers, Incorporated Raytheon Company California Los Angeles Lakers Robinsons-May Automobile Club of Southern California Los Angeles World Airports Smith Barney (Division of Citigroup Global Blue Cross of California Metro Markets, Inc.) The Boeing Company Metropolitan Water District Toyota Motor Sales, U.S.A., Inc. Citibank (West), FSB Occidental Petroleum Corp. Transamerica Occidental Life Insurance Deloitte Paul, Hastings, Janofsky & Walker LLP Company Ernst & Young, LLP Port of Los Angeles United Airlines JetBlue Airways PriceWaterhouseCoopers Vons - a Safeway Company

GOLD

AC Martin Partners The Home Depot State Compensation Insurance Fund ACS Government Solutions IBM Corporation TELACU Industries Altria Corporate Services, Inc. KeyBank Union Bank of California Avery Dennison KPMG, LLP United Parcel Service Bank of the West Laidlaw Transit, Inc. US Bank Baxter BioScience Latham & Watkins, LLP U.S. Trust Company, N A Coca Cola Enterprises West Marsh Risk & Insurance Services Verizon Comerica Millennium Biltmore Hotel The Walt Disney Company Continental Airlines Office Depot (#932) Washington Mutual Bank EDS O’Melveny & Myers LLP The Westin Bonaventure Forest Lawn Rose Hills

SILVER

Act-1 Personnel Services City National Bank LRN The Aerospace Corporation Countrywide Financial Corporation Mattel, Inc. AIMCO Farmers Insurance Group of Companies Mellon Financial Corporation American Honda Motor Co., Inc. Fluor Corporation MWH American Red Cross Blood Services Gibson, Dunn & Crutcher, LLP Northrop Grumman Corporation Anheuser Busch, Incorporated Glendale Kia (City of Los Angeles) Parsons Corporation Anschutz Entertainment Group Grobstein, Horwath & Company, LLP RBZ, LLP Beckman Coulter Health Net Schulze Haynes & Co. Bingham Legg Advisers LLC Hilton Hotels Corporation Sheppard, Mullin, Richter & Hampton, Blue Shield of California In N Out Burgers, Incorporated LLP Brinker International Jones Day Six Flags Magic Mountain Burson-Marsteller JP Morgan Investment Management Squire, Sanders & Dempsey, LLP The California Endowment Los Angeles Biomedical Research Tarzana Treatment Centers Catholic Healthcare West Institute Unified Western Grocers, Inc. CB Richard Ellis at Harbor-UCLA Medical Center Union Pacific Railroad Company CDM - Camp Dresser McKee Los Angeles Community College District UCLA Anderson School of Management Cedars-Sinai Health System Chancellor’s Office URS Corporation Cerrell Associates, Inc. Los Angeles Galaxy Vulcan Materials Company CalMat Lowe Enterprises, Inc. Division 10 2005 Annual Report

2005 FINANCIALS

STATEMENT OF ACTIVITIES STATEMENT OF FINANCIAL POSITION YEAR ENDED DECEMBER 31, 2005 YEAR ENDED DECEMBER 31, 2005

REVENUES Cash and investments $646,751 Membership dues $1,431,181 Accounts receivable $476,014 Events and activities $1,460,228 Other assets $328,308 Rental and investment income $693,455 Property, net $4,473,516 Other revenues $864,983 Total assets $5,924,589

Total revenues $4,449,847 Accounts payable $552,161 Deferred revenue $1,101,841 EXPENSES Total liabilities $1,654,002 Net assets $4,270,587 Salaries and related expenses $1,909,537 Total liabilities and net assets $5,924,589 Events and activities $845,838 Professional services $468,582 Meetings and travel $217,366 Telephone and supplies $165,584 FUNCTIONAL EXPENSES Repairs and maintenance $526,800 YEAR ENDED DECEMBER 31, 2005 Depreciation $164,202 Program services $2,906,085 Other expenses $233,840 Management and general $1,254,012 Total expenses $4,531,749 Activities and membership development $371,652 CHANGE IN NET ASSETS $(81,902) Total functional expenses $4,531,749

Activities and Membership Development 8%

Management and General 28%

Program Services 64%

FUNCTIONAL EXPENSES

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350 S. Bixel Street Los Angeles, CA 90017 213.580.7500 fax 213.580.7511 www.lachamber.org