Observations
- Millionaire
Estimated Net Worth
- $5.1 M - $13.8 M
Salary
- Unknown
Employment
- Started 03/15/2023
Records
Financial Disclosure Details - OGE Form 278e (01/04/2023)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Los Angeles, California | Mayor | 12/2022 | |
2 | Los Angeles, California | Board Member | 12/2022 | |
3 | Santa Monica, California | Member | 12/2022 | |
4 | Los Angeles, California | Trustee | Present | |
5 | Los Angeles, California | Trustee | Present | |
6 | Friends of Eric Garcetti Officeholder | Los Angeles, California | Treasurer | 1/2023 |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | City of Los Angeles | Salary | $290,112 | |
2 | Los Angeles County Metropolitan Transportation Authority | Board Fees | $5,850 | |
3 | City of Los Angeles, defined benefit plan | $250,001 - $500,000 | None (or less than $201) | |
4 | IRA | |||
4.1 | Vanguard 500 Index Fund Admiral Shares (VFIAX) | $1,001 - $15,000 | None (or less than $201) | |
5 | City of Los Angeles, deferred compensation | |||
5.1 | DCP Large Cap Fund | $100,001 - $250,000 | None (or less than $201) | |
5.2 | DCP Mid Cap Fund | $100,001 - $250,000 | None (or less than $201) | |
5.3 | DCP Small Cap Fund | $50,001 - $100,000 | None (or less than $201) | |
5.4 | DCP International Fund | $250,001 - $500,000 | None (or less than $201) |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Los Angeles, California | I will continue to participate in the City defined benefit plan. | 6/2001 | |
2 | Los Angeles, California | I will continue to participate in the City deferred compensation plan. No further contributions will be made after my resignation. | 6/2001 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
1 | Los Angeles, California | Mayor of the City of Los Angeles | |
2 | Los Angeles, California | Board Member |
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | IRA | |||
1.1 | Vanguard 500 Index Fund Admiral Shares (VFIAX) | $1,001 - $15,000 | None (or less than $201) | |
2 | ROTH IRA | |||
2.1 | Boston TrustWalden Small Cap Fund (BOSOX) | $1,001 - $15,000 | None (or less than $201) | |
2.2 | Vanguard 500 Index Fund Admiral Shares (VFIAX) | $15,001 - $50,000 | None (or less than $201) | |
2.3 | Vanguard Developed Markets Index Fund Admiral Class Shares (VTMGX) | $1,001 - $15,000 | None (or less than $201) | |
2.4 | Variant Alternative Income Fund Institutional Class (NICHX) | $1,001 - $15,000 | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Commercial Property--Beverly Hills, CA | $250,001 - $500,000 | Rent or Royalties | $15,001 - $50,000 |
2 | IPDR ASSOCIATES, L.P. | |||
2.1 | Commercial Real Estate--Los Angeles, CA (less than 10% ownership) | $50,001 - $100,000 | K-1 net distributive share | $4,405 |
3 | DEL REY VISTA ASSOCIATES | |||
3.1 | Residential Real Estate--Los Angeles, CA (less than 10% ownership) | $50,001 - $100,000 | K-1 net distributive share | $8,216 |
4 | U.S. bank #1 (cash) | $50,001 - $100,000 | None (or less than $201) | |
5 | Family Revocable Trust - Los Angeles, CA | |||
5.1 | 1299 Meadowbrook LLC | |||
5.1.1 | Residential Property--Los Angeles, CA (LLC) | $1,000,001 - $5,000,000 | Rent or Royalties | $50,001 - $100,000 |
5.2 | Boston TrustWalden Small Cap Fund (BOSOX) | $15,001 - $50,000 | $1,001 - $2,500 |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
1 | Bank of America | $500,001 - $1,000,000 | 2020 | 28 yrs |
2 | Truist Bank | $500,001 - $1,000,000 | 2021 | 28 yrs |
3 | Charles Schwab | $250,001 - $500,000 | 2021 | Open-ended |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
Nothing reported in this section | ||
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