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2019 Annual Report

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2019 Annual Report 2019 ANNUAL REPORT TABLE OF CONTENTS Going Places ................................................................... 2 Membership & Resource Development ...................... 4 Economic Development ................................................ 6 Regional Tourism ........................................................... 8 Government Affairs ...................................................... 10 Community Development ........................................... 12 2019 Financial Data ..................................................... 14 2019 Executive Committee ......................................... 16 2019 Board of Directors .............................................. 18 Board of Advisors ......................................................... 20 Chamber Staff ............................................................... 23 GOING PLACES 2019 Chair David Stratton’s vision for the region 2 TULSA REGIONAL CHAMBER 2019 ANNUAL REPORT As 2019 chair of the Tulsa Regional Chamber, David Stratton urged us all to focus on five priorities: de- grees, development of our work- force, downtown, direct flights, and diversity. Stratton firmly believed that a 3 clear focus on these things would, as he put it, “help us go places we may not have thought possible even a few years ago.” With Stratton’s leadership, much progress was made. Our city reflected on its imperfect past and took steps to increase equity, access and opportunity even as residents en- joyed more direct flights and overwhelmingly approved funds for capital improvements. Of course, more remains to be done, and the journey to become the region our children and grandchildren will want to call home will continue into 2020 and beyond. MEMBERSHIP & RESOURCE DEVELOPMENT Your partner in prosperity 4 2174 413 88% 50 25 MEMBER NEW MEMBERS MEMBER CHAMBER’S NET RESOURCE COMPANIES RETENTION RATE PROMOTER INDEX CAMPAIGN PLACES IT IN THE CELEBRATES A TOP 25% OF U.S. QUARTER CENTURY COMPANIES TULSA REGIONAL CHAMBER 2019 ANNUAL REPORT Since 1903, the Tulsa Regional Chamber has been an integral part of growing jobs, talent and op- portunity in northeast Oklahoma. Whether your motivation is to build relationships, access resources, advocate 5 for the region or invest in our community, membership in the Chamber is a means to achieve your business goals. In November, the Oklahoma Quality Foundation hon- ored the Chamber with its award for Commitment to Excellence, the third of five increasingly rigorous levels based on the Malcolm Baldrige Criteria for Performance Excellence. A key driver of this continuous improvement is increasing member satis- faction – as a membership organization, our success and your prosperity go hand in hand. ECONOMIC DEVELOPMENT Regional collaboration for a prosperous future 6 16,268 $1.9B 723 540 293 JOBS CAPITAL INVESTMENT COMPANIES ENGAGED ATTENDEES STARTUPS CREATED GENERATED SINCE WITH THE TULSA AT THE 2019 TULSA ASSISTED SINCE 2016 SINCE 2016 2016 SMALL BUSINESS SMALL BUSINESS CONNECTION SUMMIT TULSA REGIONAL CHAMBER 2019 ANNUAL REPORT With near record-low unemployment and per capita personal income growth among the best in the nation, the Tulsa region’s economy is thriving. The Chamber supports regional prosperity through a range 7 of economic development programs and services, including the attraction of new com- panies to northeast Oklahoma, helping existing employers grow and expand, and investing in the region’s entrepreneurial ecosystem. Through assistance from Tulsa’s Future, the Chamber-led re- gional economic development partnership supported by public and private investors, Alabama-based beverage company Milo’s Tea expanded its operations to northeast Oklahoma. The Chamber also as- sisted significant expansions at existing employers like American Airlines, Muncie Power Products and Triumph Aerostructures. When businesses of all sizes thrive, the entire region benefits. REGIONAL TOURISM Showing the world how Tulsa inspires 8 $308M 217,104 32 108 $8M TOTAL ECONOMIC ROOM FILM NEW EVENTS PRIVATE-DONOR IMPACT OF EVENTS NIGHTS BOOKED PRODUCTIONS RECRUITED CAMPAIGN PLEDGES BOOKED ASSISTED TO SUPPORT REGIONAL TOURISM TULSA REGIONAL CHAMBER 2019 ANNUAL REPORT The Chamber’s tour- ism efforts – known col- lectively as Tulsa Regional Tourism – include VisitTulsa, the city’s convention and visitors bureau; the Tulsa Sports Commission; and the Tulsa Office of Film, Music, Arts 9 & Culture, an accredited film commission. Tulsa Regional Tourism manages the full cycle of engagement with inbound visitors to northeast Oklahoma, including marketing, sales and on-the- ground experience. In June, Tulsa Regional Tourism announced IRONMAN Tulsa, the newest full-distance race from the premier global brand of en- durance triathlons. IRONMAN’s selection of Tulsa, as well as a record number of film productions in the Tulsa area and the continued success of returning events like the Big 12 wrestling championship, solidify northeast Oklahoma’s reputation as an inspiring destination on the rise. Figures reflect activity during Tulsa Regional Tourism’s fiscal year 2018-19. GOVERNMENT AFFAIRS The leading voice for regional business advocacy 10 $639M 75 $4M $19M 97% SECURED BY ENDORSEMENTS INCREASE IN THE CAP ADDED TO THE OKLAHOMA TEACHERS IMPROVE OUR OF THE 2019 ON OKLAHOMA’S GOVERNOR’S QUICK RECEIVING A PAY TULSA’S RENEWAL ONEVOICE REGIONAL FILM ENHANCEMENT ACTION CLOSING RAISE IN 2019 LEGISLATIVE AGENDA REBATE FUND FOR ECONOMIC DEVELOPMENT TULSA REGIONAL CHAMBER 2019 ANNUAL REPORT Business-friendly public policy is achieved primarily through the OneVoice process, a Chamber- led regional legislative effort uniting the advocacy of our member companies with a coalition of organiza- 11 tions endorsing a shared policy agenda. Several new state laws and appropriations were the direct results of OneVoice advocacy, in- cluding the creation of the Software Engineering and Cybersecurity Talent Incentive, a broadening of access for the Small Employer Quality Jobs Program, and increases to the Governor’s Quick Action Closing Fund and the cap on the Film Enhancement Rebate. At the local level, Chamber leadership ensured the renewal of Improve Our Tulsa, the city’s infrastructure and capital improvements funding pack- age. The “vote yes” campaign secured the largest margin of victory for a munic- ipal funding package in city history – a major win for Tulsa’s residents and business community. The Chamber also celebrated groundbreakings on two longstanding advocacy priorities: the OKPOP museum in downtown Tulsa and completion of the Gilcrease Expressway. Photo by Jessica Karin Photography COMMUNITY DEVELOPMENT Improving the quality of life in northeast Oklahoma 12 1,317 43 23 19 10 YOUNG AREA EXECUTIVES TYPROS-SUPPORTED PAGES FROM 1921 INTERCITY VISIT PROFESSIONALS WHO ATTENDED THE MURALS COMPLETED DONATED TO THE MARKS A DECADE OF ENGAGED WITH MEN ADVOCATING IN TULSA GREENWOOD LEARNING FROM PEER TYPROS REAL CHANGE TULSA CULTURAL CENTER CITIES TRAINING WORKSHOP TULSA REGIONAL CHAMBER 2019 ANNUAL REPORT Thriving commu- nities are essential to thriving economies, and the Chamber helps ensure the Tulsa region is a place where young, diverse talent want to live, work and visit. TYPROS, the young pro- 13 fessionals organization housed at the Tulsa Regional Chamber, hosted dozens of events to deepen connections among the next generation of Tulsa’s business and civic leaders. The group’s Intern In Tulsa program showcased the city to 91 summer interns, showing many temporary residents why they should choose Tulsa for a full-time career. Mosaic – the Chamber’s coalition of companies and nonprofit part- ners that celebrate diversity, champion equity and cultivate inclusion – continues to build consensus within the regional business community on the importance of inclusive workplaces and the necessity of equitable econom- ic outcomes. In May, the Chamber donated its board meeting minutes from the summer of 1921 to the Greenwood Cultural Center with a renewed commitment to improving economic outcomes for all Tulsans. 2019 FINANCIAL DATA 2019 ESTIMATED REVENUE $15,904,812 VISITTULSA CONTRIBUTIONS ATTENDANCE, ROYALTIES AND OTHER $1,595,000 $1,192,755 10% 7% 14 LODGING TAX MOHAWK SPORTS FUNDING $,569,992 TULSA’S FUTURE CONTRIBUTIONS $,628,410 2% 2% 15% 22% MEMBERSHIP DUES $2,46,000 SPONSORSHIPS $,455,655 TULSA REGIONAL CHAMBER 2019 ANNUAL REPORT 2019 ESTIMATED EXPENSES $15,657,225 MEMBER SERVICES EVENTS $788,91 & RESOURCE DEVELOPMENT GOVERNMENT AFFAIRS $1,275,56 $814,045 COMMUNITY DEVELOPMENT 5% $81,257 8% 5% % 15 REGIONAL TOURISM % 27% $5,200,577 SUPPORT $4,175,211 19% ECONOMIC DEVELOPMENT $,022,208 2019 EXECUTIVE COMMITTEE DAVID STRATTON ROGER RAMSEYER STEVE BRADSHAW 2019 Chair 2020 Chair 2018 Chair Executive Vice President of Tulsa Corporate Vice President and Tulsa Market Leader President & CEO Banking Cox Communications BOK Financial Corp. 16 BOK Financial Corp. MIKE NEAL JOHN DALE ANITA HOLLOWAY President & CEO Legal Counsel & Secretary Treasurer Tulsa Regional Chamber Attorney at Law Partner GabelGotwals Ernst & Young, LLP ANGELA BYERS CARLIN CONNER MOISES ECHEVRRIA Vice Chair, Small Business Vice Chair, Economic & Workforce Immediate Past Chair, TYPROS Owner Development President Byers Creative CEO Oklahoma Center for Community and Justice SemGroup Corp. TULSA REGIONAL CHAMBER 2019 ANNUAL REPORT SHANE FERNANDEZ GLORIA FLETCHER GORDY GUEST Vice Chair, Sports Vice Chair, Communications, Marketing and Vice Chair, Community Development President Events Senior Principal & CEO Nabholz President
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