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HomeMy WebLinkAboutItem 11k - Arcadia Chamber of Commerce Agreement for Services DATE: June 3, 2025 TO: Honorable Mayor and City Council FROM: Jason Kruckeberg, Assistant City Manager/Development Services Director By: Simon Vuong, Economic Development Manager SUBJECT: AGREEMENT FOR SERVICES WITH THE ARCADIA CHAMBER OF COMMERCE FOR FISCAL YEAR 2025-26 IN THE AMOUNT OF $101,131 CEQA: Not a Project Recommendation: Approve SUMMARY The Arcadia Chamber of Commerce (the “Chamber”) provides programming and activities that benefit its members and the entire business community. The City of Arcadia and the Chamber execute an annual Agreement for Services (“Agreement”) for small business support and marketing. As proposed in the Agreement for Fiscal Year 2025-26, the City will provide the Chamber with $101,131 for its efforts on behalf of the business community, and to complement the City’s marketing activities. It is recommended that the City Council approve, authorize, and direct the City Manager to execute the Agreement for Services with the Arcadia Chamber of Commerce for Fiscal Year 2025-26 in the amount of $101,131. BACKGROUND The Chamber and the City have long cooperated concerning issues and projects of mutual interest to the Arcadia civic and business community. As part of this cooperation, the City enters into an annual Agreement for Services with the Chamber to provide public relations, business development, and governmental/legislative services in support of the Arcadia business community and general economic development. The Chamber Summary Report, included as Attachment No. 1, highlights some of the events, programs, and activities from the 2024-25 Fiscal Year. The Chamber Annual Financial Summary, included as Attachment No. 2, provides additional details on Chamber funding sources, expenditures, and finances. In addition to the annual Agreement for Services, the Chamber also utilizes the City- owned property at 388 West Huntington Drive for its offices, at a discounted rate. The current lease rate of $400 per month with the Chamber that was approved in December Agreement for Services with Arcadia Chamber of Commerce June 3, 2025 Page 2 of 3 2021 and extends through November 2026, is well below the current at-market rate, estimated to be $3,800 per month for a 1,900 square-foot office in central Arcadia. DISCUSSION The Chamber of Commerce offers a variety of important services to the business community in Arcadia, including: • Providing reference and referral information about the City to brokers, realtors, merchants, business operators, and interested public. • Communicating frequently via e-mail with monthly event calendars, weekly event reminders, and regular website updates. • Utilizing social media, including Facebook, Twitter, and Instagram, to expand outreach for events, including mixers, business breakfasts, and ribbon cuttings. • Promoting and managing the annual Taste of Arcadia event and multiple Dine Arcadia Restaurant Week events throughout the year. • Organizing and providing staff support for the monthly Community Connection meeting, Ambassadors meeting, Taste of Arcadia Committee, Business Networking Breakfasts (Rise and Shine Arcadia), business mixers, and Arcadia Business Community (“ABC”) Groups. • Working with and supporting the Downtown Arcadia Improvement Association (“DAIA”), including various planning activities and events held in the Downtown. • Conducting business visits to learn about the different businesses in Arcadia, providing business owners with contact information and services available through the City and the Chamber. • Coordinating with the City on retail recruitment, targeted economic development opportunities, and marketing efforts. The proposed Agreement for Services with the Chamber for Fiscal Year 2025-26 is included as Attachment No. 3. The Agreement provides for annual financial support from the City and includes an exhibit that further details the Chamber’s services benefitting the City and the business community. The proposed Agreement includes an increase of 3.3% based on the U.S. Department of Labor Consumer Price Index increase for the Los Angeles-Long Beach-Anaheim region, over the 2024 calendar year. This amounts to an additional $3,231 in funding compared to the current Fiscal Year allocation. The funding provided by the City is anticipated to account for approximately 20% of the Chamber’s Agreement for Services with Arcadia Chamber of Commerce June 3, 2025 Page 3 of 3 overall budget for Fiscal Year 2025-26, with the remainder provided by membership dues, sponsorships, and event proceeds. ENVIRONMENTAL ANALYSIS The proposed action does not constitute a project under the California Environmental Quality Act (“CEQA”) under Section 15061(b)(3) of the CEQA Guidelines, as it can be seen with certainty that it will have no impact on the environment. FISCAL IMPACT Since 2015, the annual Agreement for Services with the Chamber has been adjusted for inflation. Of note is that the CPI (Consumer Price Index) continues to drop, from a high of 7.4% in 2022, down to 3.5% in 2023, and now to 3.3% in 2024. The Agreement will continue to utilize CPI to determine a fair and appropriate funding level for the Chamber in the future. For Fiscal Year 2024-25, the City allocation totaled $97,900 in funding. The proposed Fiscal Year 2025-26 General Fund Budget includes a line item for the Chamber of Commerce in the amount of $101,200, which will cover the full $101,131 for the annual Agreement for Services; sufficient funding exists to execute this Agreement. RECOMMENDATION It is recommended that the City Council determine that this agreement does not constitute a project under the California Environmental Quality Act (“CEQA”); and approve, authorize, and direct the City Manager to execute an Agreement for Services with the Arcadia Chamber of Commerce for Fiscal Year 2025-26 in the amount of $101,131. Attachment No. 1: Chamber Summary Report for Fiscal Year 2024-25 Attachment No. 2: Chamber Annual Financial Summary for Fiscal Year 2024-25 Attachment No. 3: Agreement for Services for Fiscal Year 2025-26 Attachment No. 1 Chamber Summary Report for Fiscal Year 2024-25 1 Mission Statement To play a critical and integral role in maintaining a healthy business environment, contributing to the economic growth of the members, the city, and enhancing the city’s image. July 2024 to December 2024 2 Public Relations Community Focus The last six months of 2024 presented unique challenges and changes that the Arcadia Chamber staff faced head on. The Chamber welcomed Jose Luis Correa in July, formerly of Hey Media, as its new Director of Membership Sales who dove right in, building the Chamber’s membership base and engaging with new and current members. In August, Jose Luis helped bring in 16 new members, one of the biggest months of new members the Chamber has had all year. The Chamber’s events have seen steady growth, as well. The consistency of use of the Derby for Networking at Noon has seen this event build more over the past couple months than ever before, and Rise & Shine continues to attract upwards of 65 to 70 guests each month. Commentary continues in that Arcadia Chamber events are still the best in the San Gabriel Valley. The growth of the Arcadia Stronger grant program continues with the assistance of Jose Luis, with nearly 20 members joining via the program since he started with the Chamber. The additional assistance of discount programs for businesses who were members of the now-shuttered San Gabriel Chamber was another help in gaining new members, offering $100 off Arcadia Chamber membership to those businesses. The Arcadia Chamber continues to stress the importance of member-to-member interactions, providing business representatives with a face to attach to a business name. These personal interactions definitely help build the relationships the Chamber believes are so important to strengthening business in return. City updates are shared on all Chamber platforms, and the Chamber works with AUSD on updating the community on the goings on at the various schools in Arcadia. With the Arcadia Music Club being an active member, the Arcadia Chamber was able to help provide community information about the Festival of Bands in November. The Chamber also shares information provided by the Shops at Santa Anita and Santa Anita Park, including holiday shopping info, the Lantern Festival, and Split Rock jump events. We also share upcoming events and info provided by USC Arcadia Hospital, including their Health Fair, seminars, classes, and Crystal Ball event. 3 #ArcadiaStrong-er Arcadia Stronger grant program, which the Arcadia Chamber launched in the beginning of 2023, championed by the generous funding from the City of Arcadia. Arcadia Stronger provides a full year of membership (value $320) to businesses that might not otherwise have been able to afford it, wherein those businesses can begin networking and promoting in ways they could not before. 4 Social Media The Arcadia Chamber utilizes social media in the form of Instagram, Facebook, WeChat, LinkedIn, and X (Twitter) to help promote and pass along information from the Chamber and its members. The Chamber’s Facebook page has over 3,100 followers, and 2,700 likes, Instagram has 2,800+ followers, and X (Twitter) has 1,313 followers. LinkedIn has 227 followers to date. Another platform used by the Arcadia Chamber is Constant Contact, which has nearly 6000 community email subscribers. Monthly email blasts and paid e-blasts from members go out to all 6000 email addresses, to keep the community up to date on happenings with the Arcadia Chamber. The Arcadia Chamber Members-Only Facebook group was created to give members a way to post more often to their targeted audience: other Chamber members. Currently, this group has 116 members, many of whom are active and post regularly. The Taste of Arcadia Facebook and Instagram also became active again with the return of the event in September. Taste’s Instagram page has 1,718 followers, with almost 225k views on Taste of Arcadia reels. Taste’s Facebook page has 1,300 followers, with lots of shares, views, and likes on posts about the event. Committees Committees currently include the Board and Ambassador teams, along with the Policy and By-Laws committee, the Membership, and Events committees, plus a group focusing on the Golf Tournament, and the Taste of Arcadia committee. These groups meet approximately once per month to discuss their topics and make changes and suggestions to help build membership and improve the Chamber overall. The Ambassador Team continues to invite new members to their monthly meetings, which have good attendance overall. During the Chamber’s renovation after flooding in September, Chamber member Little Provence Café hosted the Ambassador meeting. Otherwise, Ambassador Meetings are held in the Arcadia Chamber’s conference room. 5 At the Ambassador meeting, new members meet their personal ambassador, Arcadia Chamber staff, and other Ambassadors. This gives new members a more personal introduction to the Chamber itself. The 2024 team is led by dual-member David Lamb of David Lamb Woodworx and Act Now CPR. The Membership Committee works on new member sales and ideas to market to new members. The committee has been coming up with new and innovative ideas to help build the Arcadia Chamber membership base, for both paid members and members who qualify for the Arcadia Stronger program. The Golf and Events Committee has planned out the events for 2025, discussing new venues and locations, new ideas, and getting members more involved with ABC Group networking meetings. The Policy and By-Law Committee has been on hiatus in recent months due to the ongoing major events the Arcadia Chamber has been holding, but this committee will return for the 2025 calendar year to finalize changes to the By-Laws. The Taste of Arcadia Committee formed in May and worked together to put on a successful 2024 event at Santa Anita Park on September 21st. This team is already brainstorming on the event for 2025, which will be held on September 13th, again at Santa Anita Park. Membership New membership has been on a constant uptick with the addition of new Director of Membership Sales, Jose Luis Correa. Members are flocking to the Arcadia Chamber to network and grow their business, and Jose Luis is consistently out in the community. This engagement has brought in new businesses from all over the San Gabriel Valley and beyond, including from cities like La Verne, Glendale, Altadena, Monterey Park, and more. Jose Luis and Nadine Sachiko Hsu of Sachiko Studio recently did a business walk at the Shops at Santa Anita, during which they were able to get three members under the Arcadia Stronger program. Jose Luis is continuing to visit prospective member businesses, ribbon cuttings, and grand openings to try to engage businesses throughout the City of Arcadia. The Arcadia Chamber is always trying to find new ways to engage and bring new businesses to the City, while also keeping up with current businesses in the City limits. 6 The Chamber’s 110% Club program is in full swing, with 149 members taking advantage of the program, from July through December. Flyers and information are continuously posted and updated on a wall in the Chamber office to showcase events, promotions, and specials from those members. Retention for returning members is at 62%. Member Events ABC (Arcadia Business Community) Groups Starting in January of 2024, the Arcadia Chamber formed ABC Groups, small networking groups, of no more than 20 members, who meet at different times of the month and time of day, at Chamber member locations all over the San Gabriel Valley. Though groups were off to a slow start, the leaders who have showed consistency and engagement have seen lots of success with their ABC groups. These leaders include Past-President Francine Chiu of Star Seven Financial Services, Nadine Sachiko Hsu of Sachiko Studio, and Christine Zito of Pure Media Marketing. Chamber staff member Jose Luis Correa also hosts his Happy Hour Hop, which bounces around the SGV to different bar and restaurant members, engaging with many different Chamber members in the process. Participation in these ABC Groups is growing, and each group has a different topic to focus on. Members can attend one or more groups, as many as fit their schedule and business needs. Topics include perfecting your 30 second pitch, marketing and developing marketing strategies, client relations, and more. 7 Rise & Shine Arcadia – 3rd Thursday each Month At Rise & Shine, guests can network, give 30 second elevator pitches, play games, and get to know each other during networking, all to help grow their business and drum up new clientele. Rise & Shine continues to grow and thrive, with attendance now averaging 60+ guests. Rise & Shine venue hosts in the last six months of 2024 have included the DoubleTree by Hilton Monrovia, Embassy Suites, and the Le Meridien Hotel. The event continues to be sponsored by Pure Media Marketing, with CA Flat Fee as our Entertainment sponsor. The Arcadia Chamber also added Business Spotlight Booths to Rise & Shine, wherein a member can host a booth for only $200 at Rise & Shine, to sell products and promote their business during the event. Business Spotlight Members have included David Lamb Woodworx, and Budget Blinds, who gave a fun presentation of various options in window coverings using Rise & Shine audience members. Pricing for these booths will change in 2025 to entice more members to take advantage of this promotion opportunity, and we will be adding free spotlight booth opportunities to the Arcadia Chamber’s non-profit members. 8 Connect & Prosper – 4th Wednesday every other Month Connect & Prosper events occur every other month, hosted by New Fusion, with other venues in the works for the coming year. This event’s focus is to assist the Mandarin-speaking community and provide networking opportunities to that group. Led by Board Member and Past-President Francine Chiu of Star Seven Financial Services, Connect & Prosper has helped bridge the gap in the business community with Mandarin-speaking members. Members regularly in attendance include a representative from Gentle Fight Club, USC Arcadia Hospital, New Omni Bank, Right at Home, and more. Star Seven Financial Services is our sponsor for 2024 in the Year of the Dragon. Forest Lawn continues to be a Red Envelope sponsor, as well. Both will continue as sponsors in 2025. Mixers On September 5th of 2024, the Arcadia Chamber hosted a mixer at Fred’s Museum of Monrovia to help promote the upcoming Taste of Arcadia event. Members came to enjoy the classic collection of cars housed at Fred’s and to enjoy delicious food provided by the Derby, who was also a participant at Taste of Arcadia. USC Arcadia Hospital hosted a holiday mixer on December 11th in Lewis Hall, providing food and drinks in a festive environment, which hosted 65 guests. Santa even made an appearance. The Arcadia Chamber also participated in the Generation Golf Two Year Anniversary mixer. More mixers will be on the calendar for 2025, including a Multi-Chamber mixer on February 6th at the Le Meridien Hotel. 9 Networking at Noon At Networking at Noon guests play networking games, give their 30 second pitches, and give and receive raffle prizes, all while building their business. The Derby has been a consistent host of this event, though Networking at Noon moved to two new locations during November and December, as the Derby prepared for the holidays. Basin 141 in Monrovia was a first-time host for November’s event, and Don Ricardo’s hosted in December. Both Basin 141 and Don Ricardo’s were very excited to be able to host Networking at Noon. Networking at Noon generally gathers 35 to 40 guests. Ribbon Cuttings Members frequently contact the Chamber for ribbon cuttings to celebrate a grand opening, specific event, or milestone for that member. New members The Redhead with a Shaker and Lagreeology celebrated their grand openings, and the Chamber team attended the Open House celebration for new member Valley Digestive Health Center, as well. The Chamber also helped celebrate the grand opening of Lagreeology Fitness Center, IKEA revealed its new storefront and expansion in the Shops at Santa Anita, celebrating with a ribbon cutting and grand opening ceremony. Hop Café also hosted a ribbon cutting for its grand opening at the beginning of December. 10 Community Connection -1st Thursday of Each Month Community Connection continues to help engage the community and boost participation in a virtual setting, which in turn has helped boost overall attendance at this important event. Information was provided by the Assessor Jeffrey Prang, Supervisor Kathryn Barger, Donna Choi of the Downtown Arcadia Improvement Association, Sylvia Rosenberger from the LA County Arboretum and Botanic Garden, and Jeremy Lachenmyer from the Arcadia Police Department, who provided information on safety and security during the holiday season. Legislative Reps regularly attend this meeting to provide up-to-date information on new legislature, laws and regulations, and happenings throughout our county and state. Community Connection is recorded and put out on social media in segments, for future viewing, so watchers can keep up with City happenings, updates from the Shops at Santa Anita and other local entities, plus news from our legislative reps. In February of 2025, the Arcadia Chamber will host an in-person Community Connection with Mayor Michael Cao, who will provide updates on the City of Arcadia. 11 Learning Lab Learning Labs have proven to be very popular events, and the Arcadia Chamber hosted only two events in the last two months of 2024, due to event scheduling and holidays. Topics included business loan information from Philip Kuon of Citizens Business Bank, and SBA Loans and Conventional Lines of Credit for your business from Jane Shaikh of FFB Bank. Francine Chiu of Star Seven Financial Services has committed to being a sponsor for Learning Labs throughout 2024, and a lineup of speakers is in the works for the 2025 calendar year, with topics along the lines of how to apply for a business license, crime prevention, purchasing autos for your business, and more. Arcadia Classic Golf Tournament The Arcadia Chamber is already prepping for the 2025 Golf Classic, to be held on May 1st at Brookside Golf Course. The change in location brings new opportunities for businesses to showcase themselves by being Hole Heroes and for businesses to sponsor. Business Development The Chamber continued its mission to assist businesses and help the community grow in the City of Arcadia. The 2023 printed directory was delivered to Chamber members in September 2023, and this booklet has been making the rounds, being delivered to various businesses around the San Gabriel Valley, and even mailed out to people around the country who are looking to visit the Arcadia area. The next printed directory will be produced in 2025, earlier than usual so we can provide the new booklets to guests in their Taste of Arcadia gift bags. 12 Arcadia Chamber CEO Karen Mac Nair continues to sit on the Homeless Coalition Committee, along with the Downtown Arcadia Improvement Association Board. The Chamber also hosted a booth at the Downtown Arcadia Halloween Haunt and Holiday Fair, where Karen read books to small children while dressed as Mrs. Claus. Jose Luis also joined the Arcadia Community Coordinating Council to share information about the Arcadia Chamber with that community. Jose Luis is very active around the community in general, attending ribbon cuttings and openings for businesses who are not members, to try and entice those businesses to join. He also attends gatherings and other networking events around the San Gabriel Valley. Karen also attended the LA28 Stakeholder Focus Group; Regional Economic Development for LA County, during which the upcoming 2028 Olympics was discussed, including info on economic growth for all areas, not just the host cities. Another way the Chamber hopes to engage with the membership community is the addition of a Non-Profit Business Spotlight at Rise & Shine breakfast networking events. A non-profit will get the opportunity each month to set up a table at Rise & Shine and promote their business to guests at breakfast. We hope to re- engage some of the non-profit members who have not been as active in the post-pandemic years. Arcadia Chamber App The Arcadia Chamber’s App provides convenient access to information, the Chamber member directory, and Chamber and community events on your mobile device. The App currently has 216 sign-ups, multiple purchased ads, and has been promoting both community and Chamber events regularly. Users of the app can purchase tickets to events, and community members are encouraged to send info to post their own events on the calendar. The push notification system assists the Chamber in sending reminders and other info to mobile devices. LinkedIn (https://www.linkedin.com/company/arcadia-ca-chamber-of-commerce/) To increase its presence on social media, the Chamber has developed a LinkedIn company page, offering members, prospective members, and the business community new avenues to engage and expand their networking with the Chamber. LinkedIn helps promote Chamber events, showcases videos, and provides helpful information to followers. 13 Speed Networking Speed Networking took a hiatus during the last six months of the year, mainly due to the heavy schedule of events, including Taste of Arcadia. The Chamber will revisit this event in 2025, as there is still a good group who are interested in networking virtually. Certificates of Origin Another source of revenue for the Chamber is Certificates of Origin. Import/export businesses have been very busy during the last few months of the year, so many members have been utilizing this service, sometimes on a weekly basis. There are still members who join simply to use this service for their business. Interesting companies that utilize the Certificate of Origin offerings are Rodarte, who ships extremely high-end fashion items (and creates many of the fashions you see on the runway at the Oscars and other large Hollywood events), and Flying Horses, who ships not only horses, but also goats and cows, and now zebras, to places all over the world. The Arcadia Chamber is one of the only places around that currently offers Certificates of Origin, so this is a popular offering to our Chamber members. Room Rentals Room Rentals continue to be on the rise with the completion of the Chamber’s new roof and renovations, with multiple members and non-members coming back to utilize the conference room for board meetings, classes, and more. Rotary Club, Fashion Park Villa, the Chabad of Arcadia, and the Arcadia Chinese Association are frequent users of the conference room. Room rental revenue from July through December totaled $950. 14 ACE Awards & Board Installation The Arcadia Chamber preparing to install its 104th Board of Directors in January, in a celebration at the Derby. Our new president will be Sina Mohajer of Mohajer Law, with Jonathan Rodriguez of CA Flat Fee as vice-president. There are changes to the executive board as well, including Christine Zito of Pure Media Marketing coming in as treasurer, and Tyler Zikuski as secretary. Brian Greene of USC Arcadia Hospital will be past-president. New incoming board members include James Alewine III from Modern Woodmen of America, Diane Pierson of Always Best Care, Gaby Flores of Le Meridien Hotel, Jessica Alvarenga of SoCalGas, and Nick Scott from the Arcadia 3 Par Golf Course, Philip Kuon from Citizens Business Bank, and Tejon Woods from Woods Medical Group. ACE Awards Winners include: - Large Business of the Year – Santa Anita Park - Small Business of the Year – Imprintability - New Business of the Year – Glamify Me Photo Booth - Non-Profit of the Year – DAIA - Restaurant of the Year – Outback Steakhouse - Chamber Service Award Karie Horie & Amy Moufarrege - Board Member of the Year – Tyler Zikuski - Ambassador of the Year – Chelsea Jones - Rising Star Member of the Year – Generation Golf Congrats to all our winners! Taste of Arcadia Taste of Arcadia made its triumphant return on September 21st of 2024. Located in the Paddock Gardens of Santa Anita Park, Taste of Arcadia hosted 23 Business Showcase Booths and 33 Food and Drink Vendors, plus tunes from DJ John Villa. Guests numbered 1100 and savored delicious bites and drinks from Chamber members such as The Derby, Don Ricardo’s, Stems Catering, Cabrera’s, Mt Lowe 15 Brewing Co, Twohey’s, and dozens more. Also included were new cars from Longo Toyota, Rusnak, and Lucid. Glamify Me Photo Booth also set up a fun experience for guests, where they could take photos and share them with their friends. Sponsors included CA Flat Fee, Santa Anita Park, the City of Arcadia, USC Arcadia Hospital, City of Hope, the Shops at Santa Anita, Olympus Escrow, Drive Hospitality, Pure Media Marketing, Waste Management, Mohajer Law, and Century Sewer. Comments were positive throughout the event, which was more spread out and had a whole new feel to it than previous years. Taste of Arcadia made $11,836.83 (Profit) - $70,146.29 (Revenue), which is more than the Arcadia Chamber has made in profit than any previous Taste event. The 2025 Taste of Arcadia will take place on September 13th, once again at Santa Anita Park. 16 Continuing Community Improvement In October, the Arcadia Chamber set up a booth in Downtown Arcadia, in front of the office of Chamber member Horie & Co, and passed out candy to a huge gathering of trick-or-treaters. Many Arcadia Chamber members showed up to set up a booth, and this event has become an annual tradition for the Arcadia Chamber, one the Chamber staff looks forward to. The Arcadia Chamber also helped organize and participated in the 2024 Moon Festival, with the City of Arcadia and the Arcadia Chinese Association. The Chamber’s specific job was to gather businesses to fill the booths, providing the opportunity to Chamber members to have a booth for only $75 ($200 for non-members). Two of the non-member participants actually joined the Chamber and continue to be active members. Arcadia Chamber members who participated in the Moon Festival this year included Downtown Arcadia, Ivy Ensures, the Arcadia Unified School District, Acuity Optical, Forest Lawn, the Shops at Santa Anita, 986 Pharmacy, Ontario International Airport, Longo Toyota, Universal Bank, Sachiko Studio (Sachiko Goes Racing), Franklin Foundation, Dynasty Wealth, USC Arcadia Hospital, Aspire Counseling Group, and Star Seven Financial Services, who brought in the ever-popular sugar artist. Waste Management and David Fu and Associates also participated and sponsored the event. 17 Looking Ahead – 2025 and beyond - Upcoming Chamber Events and Announcements The Arcadia Chamber has its regularly scheduled events set for the final 6 months of the 2024 calendar year, including Rise & Shine breakfasts, Networking at Noon events, Community Connection, and more. The Chamber is also looks forward to great events like the Downtown Arcadia Halloween Haunting and Holiday Fair, as well. The Arcadia Chamber is also looking forward to the 2025 ACE Awards and Board Installation Dinner. February will also see the first Multi-Chamber mixer of the year at the Le Meridien Hotel, on the 6th. Also in February, the Arcadia Chamber will host the Strategic Planning Meeting at the Derby to plan for the upcoming year. More mixers are on the calendar for 2025 than the previous year. In March, Foothill Credit Union will host a mixer, and talks are in the works with Dave & Buster’s, FSP Designs, and other Chamber members for additional MIX events. The Arcadia Chamber also will launch the Star Networking program in 2025, which makes it easy for members to pay for networking events in one lump sum and be automatically registered for their chosen events. Along the same lines, the Arcadia Chamber will also be pushing their Foundation Circle Memberships, which give added benefit to higher levels of membership. Starting July 8th, the Chamber was pleased to announce our new hire Jose Luis Correa, formerly of Hey Media, started as the Director of Membership Sales, Engagement, and Business Development. We’re excited to have him come on board and to have him bring his excellence in sales to our team! Coming soon! More information on the upcoming Golf Tournament in May, on the 1st at Brookside Golf Course, and the ever-popular Taste of Arcadia coming in September, on the 13th, at Santa Anita Park. As always, we are looking forward to an exciting year for the City of Arcadia and the Arcadia Chamber family of members! 18 19 20 Arcadia Chamber Stats Attachment No. 2 Chamber Annual Financial Summary for Fiscal Year 2024-25 ARCADIA CHAMBER OF COMMERCE Balance Sheet As of April 30, 2025 Accrual Basis Wednesday, May 21, 2025 02:13 PM GMT-07:00 1/2 TOTAL ASSETS Current Assets Bank Accounts 1-1005 Citizens Checking - 6004 80,471.97 1-1010 Cash on Hand 1,929.47 1-1020 Reserves - FCU - 90 101,648.64 1-1030 Events Account -CBB-0655 499.95 1-1040 Foothill Checking - 03 6,657.59 Total Bank Accounts $191,207.62 Other Current Assets 1-1350 Atlas Receivables Classic - Annual 19,841.50 Classic - Monthly 2,982.16 Classic - New -200.00 Fall Event - Dine / Taste 7,500.00 Golf Tournament 6,965.00 Installation Dinner 1,900.00 Mix 30.00 Networking at Noon -100.00 Rise & Shine 4,415.00 Total 1-1350 Atlas Receivables 43,333.66 1-1400 Prepaid Expenses 14,185.86 1-1420 Prepaid TofA Expenses 2,121.19 1-1440 Golf Tournament Expenses 4,451.17 Total 1-1400 Prepaid Expenses 20,758.22 Total Other Current Assets $64,091.88 Total Current Assets $255,299.50 Fixed Assets 1-1910 Furniture & Fixtures 4,964.00 1-1920 Equipment 6,638.00 1-1930 Computer 5,165.00 1-1940 Accumulated Deprec.-16,767.00 Total Fixed Assets $0.00 TOTAL ASSETS $255,299.50 LIABILITIES AND EQUITY Liabilities Current Liabilities Accounts Payable 2-2000 Accounts Payable 486.50 Total Accounts Payable $486.50 Credit Cards 2-2050 Foothill Credit Card 748.60 Total Credit Cards $748.60 ARCADIA CHAMBER OF COMMERCE Balance Sheet As of April 30, 2025 Accrual Basis Wednesday, May 21, 2025 02:13 PM GMT-07:00 2/2 TOTAL Other Current Liabilities 2-2100 Prepaid Revenue 28,576.66 2-2110 Prepaid Fall Event - Dine Arcadia / Taste Revenue 3,070.00 2-2120 Prepaid Installation Revenue 849.98 2-2125 Prepaid Golf Tournament Revenue 48,270.00 2-2180 Prepaid Rise & Shine Revenue 7,211.66 2-2190 Prepaid Member Dues Revenue 10,675.38 Total 2-2100 Prepaid Revenue 98,653.68 2-2500 Arcadia Strong Grant Funds 79.95 2-2550 Arcadia StrongER Program Funds 11,720.00 2-2600 Access Pass Liability 5,202.85 Total Other Current Liabilities $115,656.48 Total Current Liabilities $116,891.58 Long-Term Liabilities 2-2700 SBA Loan 19,003.00 Total Long-Term Liabilities $19,003.00 Total Liabilities $135,894.58 Equity 3-3110 Retained Earnings 131,968.60 Net Income -12,563.68 Total Equity $119,404.92 TOTAL LIABILITIES AND EQUITY $255,299.50 ARCADIA CHAMBER OF COMMERCE Profit and Loss July 2024 - April 2025 Accrual Basis Wednesday, May 21, 2025 02:15 PM GMT-07:00 1/5 TOTAL Income 4-1000 Member Dues 4-1100 Renewing Members 4-1110 Classic Membership 85,959.93 4-1115 Classic Monthly 7,373.80 4-1120 Signature Membership 395.00 4-1130 Premium Membership 607.55 4-1140 Connector Membership 2,288.89 4-1145 Connector Monthly 767.56 4-1150 Supporter Membership 1,291.68 4-1160 Leader Membership 2,702.95 4-1170 Visionary Membership 18,047.52 4-1175 Visionary Monthly 4,569.98 4-1180 Resident Members 175.00 4-1185 Bundled Membership Dues 1,448.24 4-1190 Arcadia StrongER - Renewals 640.00 Total 4-1100 Renewing Members 126,268.10 4-1300 New Members 4-1310 Classic Member @ $280 19,632.00 4-1312 Classic Member @ $100 100.00 4-1313 Arcadia StrongER Grant Recipients 9,600.00 4-1314 Arcadia Strong Wildfire Relief Recipients 640.00 Total 4-1300 New Members 29,972.00 Total 4-1000 Member Dues 156,240.10 4-2000 Sponsorships 4-2025 Board Meeting Sponsor 600.00 Total 4-2000 Sponsorships 600.00 4-3000 Events 4-3100 Monthly Events 4-3110 Rise & Shine 4-3111 Rise & Shine Tickets 16,544.00 4-3112 Upgraded Membership Portion 5,300.00 4-3114 Rise & Shine Sponsor 7,083.34 4-3115 Rise & Shine Business Booth 800.00 Total 4-3110 Rise & Shine 29,727.34 4-3120 Networking at Noon 4-3121 Tickets 11,030.00 4-3122 Upgraded Membership Portion 3,855.00 4-3123 Sponsor 1,350.00 Total 4-3120 Networking at Noon 16,235.00 4-3160 Learning Lab 4-3161 Learning Lab Ticket 80.00 4-3163 Learning Lab Sponsor 1,750.00 ARCADIA CHAMBER OF COMMERCE Profit and Loss July 2024 - April 2025 Accrual Basis Wednesday, May 21, 2025 02:15 PM GMT-07:00 2/5 TOTAL Total 4-3160 Learning Lab 1,830.00 4-3170 Connect & Prosper 4-3171 Connect & Prosper Tickets 1,539.00 4-3172 Connect & Prosper Sponsorship 2,333.33 4-3173 Upgraded Membership Portion 175.00 Total 4-3170 Connect & Prosper 4,047.33 4-3190 The Mix 4-3191 Tickets 1,360.00 Total 4-3190 The Mix 1,360.00 Total 4-3100 Monthly Events 53,199.67 4-3200 Annual Events 4-3220 Installation Dinner 4-3221 Installation Dinner Tickets 4,650.00 4-3223 Installation Dinner Tables 2,281.28 4-3224 Installation Dinner Program Ads 1,100.00 4-3225 Installation Dinner Sponsor 6,250.00 4-3226 Upgraded Membership Portion 1,676.25 4-3227 Raffle Ticket Income 1,380.00 Total 4-3220 Installation Dinner 17,337.53 4-3250 Taste of Arcadia 4-3251 Taste of Arcadia In Person Tickets 11,990.04 4-3254 Taste of Arcadia VIP Tables 8,781.25 4-3255 Taste of Arcadia Business Showcase Spaces 11,950.00 4-3256 Taste of Arcadia Auto Showcase Spaces 2,325.00 4-3258 Taste of Arcadia Sponsors 34,602.00 Total 4-3250 Taste of Arcadia 69,648.29 4-3750 Moon Festival Booths 1,375.00 Total 4-3200 Annual Events 88,360.82 Total 4-3000 Events 141,560.49 4-4000 City Payments 81,583.34 4-5000 Other Income 4-5010 110% Club Income 9,366.50 4-5020 Boardroom Rental 2,800.00 4-5030 Certificate of Origin 400.00 4-5040 Interest Income 506.65 4-5060 App Advertising Income 297.00 4-5080 Other Income 60,198.72 4-5090 Email Blast Revenue 300.00 Total 4-5000 Other Income 73,868.87 Total Income $453,852.80 Cost of Goods Sold 5-0000 Other Costs of Services - COS 5-1000 Costs of Member Dues ARCADIA CHAMBER OF COMMERCE Profit and Loss July 2024 - April 2025 Accrual Basis Wednesday, May 21, 2025 02:15 PM GMT-07:00 3/5 TOTAL 5-1100 Renewing Member 5-1110 Bank Charge Costs 7,416.05 Total 5-1100 Renewing Member 7,416.05 Total 5-1000 Costs of Member Dues 7,416.05 5-3000 Costs of Events 5-3100 Monthly Events 5-3110 Rise & Shine 5-3114 Location Costs 16,894.17 5-3115 Entertainment Costs 2,500.00 5-3116 Supplies 35.28 Total 5-3110 Rise & Shine 19,429.45 5-3120 Networking at Noon 5-3122 Location Costs 5,813.66 Total 5-3120 Networking at Noon 5,813.66 5-3160 Learning Lab 5-3161 LL Location Costs 990.13 Total 5-3160 Learning Lab 990.13 5-3170 Connect & Prosper 5-3171 CP Location Costs 1,820.00 Total 5-3170 Connect & Prosper 1,820.00 Total 5-3100 Monthly Events 28,053.24 5-3200 Annual Events 5-3220 Installation Dinner 5-3221 Location Costs 8,182.09 5-3223 Supplies 173.99 5-3226 Banner Costs 1,008.79 5-3228 Gifts Costs 467.94 5-3229 Awards Costs 545.74 5-3231 Programs Costs 471.66 5-3234 Website 290.00 5-3241 50/50 Raffle Split 670.00 Total 5-3220 Installation Dinner 11,810.21 5-3250 Taste of Arcadia 5-3251 Location Costs 5,594.00 5-3255 Entertainment Costs 1,771.75 5-3256 Special Event Insurance Costs 452.00 5-3257 Equipment Rental Costs 22,191.20 5-3258 Permit & License Costs 90.00 5-3259 Food Booth Supplies Costs - Cups/Ice 5,246.89 5-3260 Wine Glasses Costs 3,233.41 5-3261 Plates Costs 4,360.39 5-3265 Program Costs 510.00 5-3266 Centerpiece Costs 843.41 ARCADIA CHAMBER OF COMMERCE Profit and Loss July 2024 - April 2025 Accrual Basis Wednesday, May 21, 2025 02:15 PM GMT-07:00 4/5 TOTAL 5-3268 Advertising Costs 1,295.85 5-3270 Banners Costs 6,267.23 5-3278 Independent Labor Costs - Accounting 184.00 5-3280 TofA Bags 3,871.50 5-3282 TofA Website Costs 111.17 5-3285 TofA Health Dept Costs 2,286.66 Total 5-3250 Taste of Arcadia 58,309.46 Total 5-3200 Annual Events 70,119.67 Total 5-3000 Costs of Events 98,172.91 Total 5-0000 Other Costs of Services - COS 105,588.96 Total Cost of Goods Sold $105,588.96 GROSS PROFIT $348,263.84 Expenses 6-0000 Expenses 6-1000 Labor Expenses. 6-1100 Gross Wages - Operations 37,938.43 6-1105 Bonus 1,000.00 Total 6-1100 Gross Wages - Operations 38,938.43 6-1110 Gross Wages - Assist Director 54,437.56 6-1112 Bonus 500.00 Total 6-1110 Gross Wages - Assist Director 54,937.56 6-1120 Gross Wages - Officers 70,754.00 6-1125 Bonus 1,500.00 Total 6-1120 Gross Wages - Officers 72,254.00 6-1300 ER Payroll Tax Expense - Operations 3,777.10 6-1305 ER Payroll Tax Expense - Assist Director 4,804.46 6-1315 ER Payroll Tax Expense - Officers 6,194.66 6-1500 Payroll Processing Fee 9,652.46 6-1600 Health Insurance 15,250.00 6-1610 Cell Phone Reimbursement 1,426.50 6-1620 Internet Reimbursement 1,040.11 6-1630 Mileage Reimbursement 2,965.90 6-1700 Workers Comp Insurance 809.32 Total 6-1000 Labor Expenses.212,050.50 6-2000 Independent Contractors 6-2100 Accounting Expense 31,917.00 6-2175 Retirement Consulting Fees 3,500.00 6-2500 Website Maintenance Expense 935.00 6-2600 IT Maintenance Expense 4,975.00 Total 6-2000 Independent Contractors 41,327.00 6-3000 Overhead Expenses 6-3100 Rent Expense 4,400.00 ARCADIA CHAMBER OF COMMERCE Profit and Loss July 2024 - April 2025 Accrual Basis Wednesday, May 21, 2025 02:15 PM GMT-07:00 5/5 TOTAL 6-3200 Utilities Expense 6,438.76 6-3300 Repairs and Maintenance Expense 255.00 6-3400 Property Taxes Expense 819.06 6-3500 Janitorial Expense 3,950.00 6-3600 Insurance Expense 48.00 6-3610 Umbrella Policy 4,401.74 6-3620 Director & Officers 1,104.18 Total 6-3600 Insurance Expense 5,553.92 Total 6-3000 Overhead Expenses 21,416.74 6-4000 Operational Expenses 6-4100 Bad Debts Expense 6-4101 Business 36,748.40 6-4105 Visionary Fund 1,697.00 Total 6-4100 Bad Debts Expense 38,445.40 6-4120 Telephone / Internet / Email Expense 5,415.49 6-4130 Postage Expense 365.00 6-4140 Printing Expense 5,692.31 6-4150 Equipment Rental Expense 4,236.59 6-4160 Equipment Purchase Expense 8,695.55 6-4180 Dues and Subscriptions Expense 333.48 6-4190 Office Supplies Expense 2,322.77 6-4200 Computer Software Expense 8,119.32 6-4205 Computer Hardware Expense 3,105.00 6-4210 Meals and Entertainment Expense 2,166.99 6-4220 Community Event Expense 495.76 6-4240 Advertising / Website Expenses 1,624.62 6-4245 Facebook / Instagram Boosts 5,000.00 6-4260 Business License Expense 15.00 6-4270 Miscellaneous Expense 0.00 Total 6-4000 Operational Expenses 86,033.28 Total 6-0000 Expenses 360,827.52 Total Expenses $360,827.52 NET OPERATING INCOME $ -12,563.68 NET INCOME $ -12,563.68 AGREEMENT FOR SERVICES BY AND BETWEEN THE CITY OF ARCADIA AND ARCADIA CHAMBER OF COMMERCE FOR FISCAL YEAR 2025-26 This Agreement for Services ("Agreement") is entered into this ______ day of ______________ 2025 by and between the Arcadia Chamber of Commerce ("Chamber"), a not-for-profit organization, and the City of Arcadia ("City"), a municipal corporation and charter city. RECITALS A.The City and the Chamber have long cooperated concerning issues and projects of mutual interest to the Arcadia civic and business community. B.The Chamber has in the past provided, and desires and intends to provide in the City's fiscal year ("fiscal year") 2025-2026, various services to the City, as described hereinafter. C.For many years, the City has, pursuant to a certain lease entered into by the City and the Chamber (the "Lease"), provided to the Chamber at a below market lease rate the full use of a certain City-owned building at 388 West Huntington Drive, Arcadia ("Leased Premises"), in support and recognition of the Chamber's ongoing services to the City, and the Lease extends through November 31, 2026. D.The City desires and intends to make payment to the Chamber in the amount of $101,131 for certain business and economic development, marketing, civic promotion, and similar services to be provided by the Chamber to the City during Fiscal Year 2025-2026, as set forth in Exhibit "A" attached hereto (the "Services"). E.The Chamber desires and intends to provide the Services to the City in consideration for the City's payments and appropriation of funds as described herein. Attachment No. 3 AGREEMENT Now, therefore, the City and the Chamber do hereby agree that the foregoing Recitals are true and correct and are incorporated into this Agreement, and made a part thereof as if fully set forth herein, and further agree as follows: A. Responsibilities of the Chamber 1. The Chamber is and shall serve as an independent organization entirely separate from the City, and shall operate under its own bylaws as a membership organization serving the interests of business in the greater Arcadia area. For purposes of this Agreement, the Chamber is and in all respects shall be deemed to be an independent contractor. 2. The Chamber shall provide to the City during Fiscal Year 2025-2026 the Services set forth in Exhibit "A" attached hereto and incorporated herein by reference. 3. The Chamber shall submit to the City a written progress report in December of 2025, and again in May of 2026 describing in reasonable detail the Chamber's performance and provision of the Services under this Agreement for the period July 1, 2025 through the date of said reports. B. Responsibilities of the City 1. In consideration of the provision of the Services by the Chamber to the City during Fiscal Year 2025-2026, the City shall make (1) payment to the Chamber of the sum of one-hundred and one thousand one hundred and thirty one dollars ($101,131), payable in equal quarterly installments, the first of which is due on or before July 1, 2025 (the "Payment for Services") and each subsequent payment due on or before the first date of the quarterly month. C. Review and Inspection of Chamber Records 1. On or before September 30, 2025, the Chamber shall provide to the City a complete and accurate financial statement of the Chamber for Fiscal Year 2024-2025 (i.e., ending June 30, 2025). 2. The City and its representatives shall have the right to review and/or audit the records of the Chamber to verify that the Chamber is providing the Services and making reasonable and appropriate expenditures from the Payment for Services in furtherance of providing the Services. For this purpose, the Chamber shall make available to the City and its representatives all records of the Chamber to allow the accomplishment of review and audit during normal business hours of the City, upon reasonable demand by the City. D. Amendment 1. This Agreement may be amended by mutual written consent of the parties. E. Termination 1. This Agreement shall be deemed to commence on July 1, 2025 and shall extend through June 30, 2026 (the "Term"). This Agreement may be terminated earlier by either party giving the other party written notice of termination; provided that such notice of termination shall be given at least 180 days prior to the effective date of termination and shall be transmitted by email, facsimile, U.S. mail, or personal delivery to the person or persons occupying the indicated position(s) of the other party signing this Agreement. The rights, duties, and responsibilities of the City and the Chamber shall continue for the period between the Notice of Termination and the effective date of termination. Any portion of the Payment for Services due and owing to the Chamber following such notice of termination shall be prorated to cover only the period up to the effective date of termination, and any portion of the Payment for Services already made to the Chamber for the remainder of the period following the effective date of termination shall be prorated and promptly refunded to the City by the Chamber to cover the period following the effective date of termination. Notwithstanding any provision of this Agreement to the contrary, Section C of this Agreement entitled, "Review and Inspection of Chamber Records" shall survive the Term and any termination of this Agreement. F. California Law 1. This Agreement shall be governed by the laws of the State of California. [SIGNATURES ON NEXT PAGE] In witness whereof, the Parties have executed this Agreement as of the date first set forth herein above. CHAMBER: CITY OF ARCADIA: ___________________________ ______________________________ President Dominic Lazzaretto Arcadia Chamber of Commerce City Manager __________________________ APPROVED AS TO FORM: Chief Executive Officer Arcadia Chamber of Commerce _______________________________ Michael J. Maurer City Attorney ATTEST: _______________________________ City Clerk EXHIBIT "A" SERVICES PROVIDED BY ARCADIA THE CHAMBER OF COMMERCE TO THE CITY OF ARCADIA Fiscal Year 2025-2026 The Chamber shall provide the following services to the City: I. Public Relations A. Maintain regular office hours with qualified personnel. B. Provide accurate and timely information and market the City and business areas to hundreds of residents and business people who walk-in, phone, write, or e-mail the Chamber each month. C. Prepare and maintain the monthly community calendar of civic group events. D. Provide information on Arcadia to realtors and commercial brokers to assist with business recruitment, business retention, and new commercial development. E. Prepare and make available a civic directory which lists all civic, cultural, social, educational, and business groups, addresses, meeting dates, etc. F. Through the Board and Committee structure (e.g., Ambassador Meetings, Chamber Board Meetings), and Chamber functions (e.g., Business Mixers, Networking Breakfasts, Community Connection Meetings, Arcadia Chamber Excellence Awards, State of the City), and other various legislative gatherings and forums, bring civic leaders and City/Agency staff together with business people and citizens every month. G. Maintain social media network to promote Chamber, City, and business activities and news, including Chamber web site with calendar, Facebook, Instagram, X, and any new effective technologies. II. Business Development A. Organize and host business expos and in-person job fairs to market Chamber business member products and services to each other and to the community, including at the city’s annual Moon Festival. The City will be provided free and prominent space at these events. B. Prepare and print (approximately every other year) a Business Directory and City Map that includes economic and civic information on Arcadia. Provide and distribute copies of the Directory and Map to the City, Chamber Members, businesses and residents, local community and civic organizations, and hotels. C. Conduct special community and business forums, e.g., Trash/Recycling pick- up events, or assist City to inform the community of meetings, e.g., community workshops on large development projects, proposed city measures, initiatives and propositions, transportation concerns, etc. D. Organize Taste of Arcadia, a tasting event with local restaurants and a business showcase, during the month of September 2025 to be held at Santa Anita Park. E. Assist the City during emergencies, by providing a liaison at Emergency Operations Center; coordinating with the City EOC & Red Cross and Emergency Centers throughout the City in the event of earthquake or disaster; working with Chamber Emergency Business Preparedness plan for emergencies; and supporting the City during emergencies by providing relevant information to the business community. F. Provide ambassadors to existing and new businesses throughout the year to monitor concerns, assist in resolving problems with the Chamber or the City, meet other Arcadia businesses (e.g., monthly networking I orientation I breakfasts). G. Work actively on business recruitment, expansion and retention efforts throughout the City. H. Organize and publicize seminars and training sessions for merchants and business members under SBA, SCORE, SGVEP, Foothill Workforce Investment Board, Women at Work, and other governmental and educational programs. I. Continue to work with Downtown Arcadia Improvement Association on the downtown community benefits district, district marketing efforts, and events. J. As needed or requested by the City, conduct membership survey on general business topics, e.g., parking, ride-share, recycling, signage, etc. to inform the City of business concerns K. Work with other business areas on Live Oak Avenue, Duarte Road, Baldwin Avenue, Foothill Boulevard, Peck Road/Lower Azusa, and other sectors to initiate regular events and marketing. L. Continue to develop new media marketing opportunities for business members through the Chamber. Ill. Government/Legislative A. Through the monthly Community Connection meetings, provide business information to Chamber members and serve as a forum for City, County, State and Federal interrelationships and dialogue. B. Review and recommend proposed business legislation and concerns to City. C. Coordinate with city staff to organize the annual “State of the City” event each year.