12:00-1:30 PM Thursday, November 15, 2018 A. New Members … · 2018-11-09 · Coldwell Banker Rick...

Executive Committee and Lubbock Chamber Foundation Board Meeting Agenda 12:00-1:30 PM Thursday, November 15, 2018

Chairman Cory Powell Executive Conference Room

12:00 Call Foundation Board Meeting to Order, Invocation, and Lunch Chairman Cory Powell 1. Approve October 2017 Meeting Minutes (Attachment 1)2. Discuss 2019 Foundation Budget (Attachment 2) President Eddie McBride 3. Adjourn and Call Executive Committee Meeting to Order

12:20 Approve Consent Agenda Chairman Cory Powell 1. Minutes for October 2018 (Attachment 3)2. Membership reports

A. New Members (Attachment 4)B. Actual Dropped Members (Attachment 5)C. Members to be Dropped (90-days Past Due) (Attachment 6)D. Membership Value Report (Attachment 7)

3. November-December Calendar of Events (Attachment 8)4. 2018 Board Attendance Roster (Attachment 9)5. Program of Work Division Reports (Attachment 10)

12:25 Treasurer’s Report Treasurer Gabe Vitela 1. Discuss/Approve September 2018 Financial Recaps (Attachment 11)2. Discuss 2019 Draft Budget (Attachment 12)

12:35 Old Business Chairman Cory Powell Kyle Sexton 1. Discuss Membership Tiered Dues Planning (Presentation)

2. Draft Strategic Plan/Program of Work Outline (to be provided)

1:05 New Business Chairman Cory Powell 1. Discuss/Approve State Legislative Policies and Priorities (Attachment 14)2. Discuss Annual Awards Meeting and Officers Installation Agenda

1:15 West Texas Employer Health Care Cooperative President Eddie McBride 1. Discuss Progress on Quotes and Enrollment

1:25 Chairman’s Comments and Adjourn Chairman Cory Powell

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Revenues Expenses Net Revenues Expenses NetTotal · G & A $500.00 $8,200.00 -$7,700.00 $500.00 $15,350.00 -$14,850.00

Total · YEA! $70,565.00 $54,100.00 $16,465.00 $70,565.00 $54,100.00 $16,465.00

Total · LEADERSHIP LUBBOCK $88,000.00 $73,500.00 $14,500.00 $87,500.00 $73,500.00 $14,000.00

Net Income $159,065.00 $135,800.00 $23,265.00 $158,565.00 $142,950.00 $15,615.00

2018 Budget 2019 Budget

Lubbock Chamber of Commerce Foundation

Attachment 2

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Mem # Company Dues Paid36472 Caprock Court Reporting, Inc. Active 338.00$ 338.00$ 36550 Citizens Federal Credit Union Active 816.00$ 816.00$ 36615 Dirt City Construction Active 338.00$ 338.00$ 36588 Envoye Travel and Cruise Active 338.00$ 338.00$ 36569 Fish Window Cleaning Active 338.00$ 338.00$ 36594 Fusion Communications, LLC Active 338.00$ 338.00$ 36586 Gin Mill Card Club Active 411.00$ 411.00$ 36535 Guajardo Funeral Chapels Active 338.00$ 338.00$ 36348 Holiday Inn Lubbock South Active 338.00$ 338.00$ 36595 Hub City Vet Clinic Active 338.00$ 338.00$ 36564 Interstates Active 450.00$ 450.00$ 36549 J.D.'s Heating, Air Conditioning, & Plumbing, InActive 411.00$ 411.00$ 36527 Josey Books & Records Active 411.00$ 411.00$ 35912 KerTec, LLC Active 411.00$ 411.00$ 35064 Knockout Staging & Runner Service Active 338.00$ 338.00$ 36545 Laser Dynamics Active 338.00$ 338.00$ 36593 LBK Roofing, LLC Active 338.00$ 338.00$ 36623 Lubbock Dermatology and Skin Cancer Center Active 646.00$ 646.00$ 31653 Maurices Active 366.00$ 366.00$ 36573 Men's T Health Active 338.00$ 338.00$ 36574 Merle Norman Cosmetics/Spa/Boutique Active 338.00$ 338.00$ 36557 Optimal Wireless, LLC (Cricket Wireless) Active 338.00$ 338.00$ 8813 Shallowater ISD Active 366.00$ 366.00$

36570 Spike and Sharon Dykes Foundation Active 338.00$ 338.00$ 36548 The Berry Agency, Inc. Active 338.00$ 338.00$ 36608 The Glass Guru of Lubbock Active 338.00$ 338.00$ 36526 TSCaffey Holdings, LLC Active 338.00$ 338.00$ 36475 Turpen and Associates Active 338.00$ 338.00$ 4749 Windmill Village Active 996.00$ 498.00$

36589 WunderTRE, LLC Active 338.00$ 338.00$ Total Joins 30 12,044.00$ 11,546.00$

Lubbock Chamber of CommerceActual JoinsOctober 2018

Attachment 4

Company Member Since Dues Drop ReasonBoard Action

Brad's Self Storage 8/12/2016 $338.00 Board ActionCatalina West 7/12/2016 $338.00 Board ActionCross Roads Real Estate Services 8/12/2015 $338.00 Board ActionDurham School Services 10/28/2015 $666.00 Board ActionEdward Jones - Chris Lambert, Financial Advisor 7/13/2015 $338.00 Board ActionGalland Insurance Services 8/12/2008 $338.00 Board ActionGreat Clips - 82nd & Milwaukee 8/17/2015 $846.00 Board ActionHoly Kale Company, LLC dba Freshii 8/26/2016 $411.00 Board ActionKwik Stop Convenience Store 12/9/2013 $318.00 Board ActionMathis Sleep Center 8/6/2015 $338.00 Board ActionMid Cities Trucking, Inc. 8/29/2017 $366.00 Board ActionRCC 8/11/2017 $338.00 Board ActionRodger McCuistion, DDS 8/31/2010 $424.00 Board ActionShears to You 8/19/2017 $338.00 Board ActionSignature Stag Fine Menswear 8/7/2017 $338.00 Board Action

Total Count 15 $6,073.00

Requested CancellationAccolade Homecare and Hospice 12/5/2005 $1,643.00 RequestedAutomotive Marketing Solutions 9/30/2015 $450.00 RequestedColdwell Banker Rick Canup - Clay Enger 7/15/2004 $338.00 RequestedCrumpler Group, LLC 8/28/2017 $338.00 RequestedLubbock Lakeway Apartments 6/23/2008 $344.00 RequestedNichols Marketing 8/13/2009 $338.00 RequestedSouth Plains Church of Christ 8/18/2006 $411.00 RequestedStone Ridge Group of West Texas 7/5/2013 $378.00 Requested

Total Count 8 $4,240.00

Out of BusinessShrimp Galley 8/18/2010 450.00$ Out of Business

Total Count 1 450.00$

ReinstatementsCompany Dues Paid

Chop Chop Japanese Steakhouse 450.00$ 450.00$ Lubbock Neighborhood Connection 338.00$ 338.00$ Sustainable Edge Construction & Roofing 338.00$ 338.00$

Total Reinstatements 3 1,126.00$ 1,126.00$

TOTAL DROPPED 21 $9,637.00

Lubbock Chamber of CommerceActual DropsOctober 2018

Attachment 5

LUBBOCK CHAMBER OF COMMERCE

WORKING FOR BUSINESS. BELIEVING IN LUBBOCK.

Members to be Dropped by End of Month

Profile Name

Barnhill, Robert , Attorney

Blair Chiropractic Clinic

CenterPointe Event Center

Chuy's

Cleaning Services of Lubbock

Colonial Life

Edge Concepts

Einstein Bros. Bagels

Frios Gourmet Pops

Front Porch Floral

Hawthorn Suites

Home Instead Senior Care

Independent Stock Market

L Duane Allen, CPA

Larry Borland Farms

Legal Aid Society of Lubbock, Inc.

March of Dimes - Texas Chapter-Lubbock Division

Quality Inn & Suites - West Loop

RD&J, Inc.

RE/MAX - Ken Harlan

Red Barn Ranch Retreat and Event Center

Roll Forward, LLC

Rooster's

Supply Chain Management, Inc.

The Lindsey Bartley Team at Keller Williams

Top of Texas Painting

Tubbs Air Cooled Engines, Inc.

Walk In Their Shoes

The West Table

Total Cost

338

338

1768

996

338

366

366

416

366

338

816

650

338

338

338

411

338

450

318

28.16

338

338

338

183

366

338

366

84.5

696 28 $ 12,364.66

Paid Renewing

Undecided Requested to be Dropped Out of Business / Merged

Call list

1,512.00 9,810.66 1,042.00

------

12,364.66

Member Since

9/1/1985 out of business

9/4/2008 Undecided

9/13/2017 Undecided

9/5/2012 Undecided

9/20/2017 Requested to be dropped

9/22/2017 Undecided

9/26/2007 Undecided

9/13/2017 Undecided



9/4/2008 Undecided

9/17/2003 Undecided

9/16/2017 Undecided

9/15/2003 Undecided

9/14/2007 Undecided

9/17/2010 Undecided

9/1/1981 Undecided

9/15/2008 plans to renew

9/30/2014 Undecided

1/14/2005 Undecided

9/21/2016 Undecided

9/11/2017 Undecided

9/20/2017 Undecided

9/6/2005 Undecided


9/11/2015 Undecided

9/18/2006 Undecided

6/2/2017 Undecided


0 3

22 3 0

UNITl!D STATP.S CHAMlU!II OF COMM UICI!.

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Attachment 6



Chamber Membership Value Report

October 2018 January 20 18 October-18

2018 No.Memb. Value No. Memb. Value

NO. OF MEMBERS & BOOK VALUE

Beg of Yr Members & Book Value 1893 $1,006,747 1885 $ 1,018,039

Out of Business (3) (1,212) (]) (450)

90+ Dav Delinquent & Value (15) (5,816) (15) (6,073)

Requested Cancellations (12) (4,252) (8) (4,240)

Reinstated 2 656 3 1,126

Total Dropped (28) (I 0,624) (21) (9,637)

New Accounts 36 12,971 30 12,044

Net Adjustment for Dues Changes 7,505 (1) (338)

MONTH END MEMBERS & BOOK VALUE 1901 $1,016,599 1893 $1,020,108

% Compared to 1st of the Month 100.42% 100.98% 100.42% l00.20%

% Compared to January 1, 2018 100.42% l00.98% 100.00% 101.33%

Loss Rate (Total Date is an average ofYTD months) 17.75% 12.66% 13.37% 11.36%

October 2017 January 20 1 7 October-17

2017 No.Memb. Value No. Memb. Value

NO. OF MEMBERS & BOOK VALUE

Beg of Yr Members & Book Value 1937 $ 1,003,043 1921 $ 1,018,627

Out of Business (]) (318) (2) (733)

90+ Day Delinquent & Value (5) (1,686) (8) (3,694)

Requested Cancellations (13) (4,601) (7) (2,824)

Reinstated 1 387

Total Dropped (19) (6,605) (16) (6,864)

Merged/Subsidiary

New Accounts 18 9,059 23 9,682

Membership Drive

Reinstated 1 387

Net Adjustment for Dues Changes (2) 2,186 (1,214)

Net Adjustment for Dues Changes 2,185.96

MONTH END MEMBERS & BOOK VALUE 1934 $1,007,683 1929 $1,020,618

% Compared to 1st of the Month 99.85% 100.46% 100.42% 100.20%

% Compared to January 1, 2017 99.85% 100.46% 99.59% l01.75%

Loss Rate 11.77% 7.90% 9.99% 8.09%

TO DATE

No. Memb. Value

1893 $ 1,006,747

(24) (9,339)

(138) (54,672)

(123) (53,304)

35 17,047

(250) (100,268)

251 97,891

(I) 15,737

1893 1,020,108

100.00% 101.33%

100.00% 101.33%

15.84% 11.85%

TO DATE

No. Memb. Value

1937 $ 1,003,043

(30) (10,344)

(95) (32,208)

(96) (44,120)

7 3,065

(214) (83,607)

0 0

183 74,886

0 0

7 3,065

8 21,241

1914 1,015,562

98.81% 101.25%

98.81% 101.25%

14.28% 10.71 %

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Attachment 7


Memo for Executive Committee and Board of Directors

From: Eddie McBride, President

Date: November 9, 2018

Subject: November-December 2018 Calendar of Events

November

15 Executive Committee Meeting 12:00 PM-LCOC Conference Room

Business After Hours Sponsored by Cornerstone Audiology 5:30 PM-5738 82nd St.

19 Small Business Saturday News Conference 10:30 AM-The Matador

Ribbon Cutting: 2nd and Charles 12:00 PM-6066 Marsha Sharp Fwy.

20 Ribbon Cutting: Community Foundation of West Texas-Giving Tuesday Campaign Kick-off 10:00 AM-7830 Orlando Ave.

Ambassador Team Draft 4:00 PM-Texas Tech Club

22 HAPPY THANKSGIVING! Office Closed

27 YEA! Lesson 6 – Business Plan Basics: Financials 4:30 PM-TTU Innovation Hub

28 Ribbon Cutting: Optimal Wireless, LLC 2:00 PM-8203 Indiana Ave.

Business Expo Committee Meeting 4:00 PM-LCOC Conference Room

29 Annual Meeting 11:30 AM-Civic Center

YP Committee Meeting 4:00 PM-LCOC Conference Room

Business After Hours Sponsored by American National Bank 5:30 PM-4206 19th St., Ste. 700

December

3 Ribbon Cutting: SPFB-U Can Share Food Drive 12:00 PM-United Supermarkets, 4th & Milwaukee


4 Uncorked Full Committee 4:00 PM-TBD

Ribbon Cutting: Overton Gingerbread Display 4:00 PM-2322 Mac Davis Lane

YEA! Lesson 7 – Marketing & Communications 4:30 PM-TTU Innovation Hub

YP Off the Clock 5:00 PM-TBD

5 December Ambassador Orientation 4:00 PM-LCOC Conference Room

Hub City BBQ Wrap-Up Dinner 5:30 PM-Cagle Steaks, 8732 4th St.

6 How to Supervise People and Lead a Team 8:30 AM-Standard Sales, 408 E. Hunter

Agriculture and Natural Resources Committee Meeting 8:30 AM-LCOC Conference Room

11 YEA! Lesson 8 – Legal Services for Small Business 4:30 PM-TTU Innovation Hub

12 December Ambassador Luncheon 12:00 PM-TTU Club-West Side

Leadership Lubbock Committee Meeting 3:30 PM-LCOC Conference Room

13 Executive Committee Meeting and Holiday Lunch 12:00 PM-Lubbock Country Club

“I’m a Member! Now What?” Sponsored by Lubbock Shuttle 4:00 PM-South Plains Food Bank

Business After Hours Sponsored by South Plains Food Bank 5:30 PM-5605 MLK Blvd.

14 Government Relations Committee Meeting 10:30 AM-LCOC Conference Room

18 YEA! Class – Business Plan 4:30 PM-TTU Innovation Hub

19 Business Expo Committee Meeting 4:00 PM-LCOC Conference Room

20 Board of Directors Meeting 3:30 PM-Texas Tech Club-West Side

Chairman’s Christmas Reception 5:00 PM-Texas Tech Club-West Side

21 Committee Chairman Luncheon 11:30 AM-Picoso's, 7611 Milwaukee

25 MERRY CHRISTMAS! Office closed

Attachment 9

Board Member 1/18 2/22 3/29 4/26 5/24 6/28 7/26 8/23 9/27 10/31Barbee, Jeremy Y Y Y E Y Y Y Y Y YBass, Byrnie Y Y Y E E E Y Y Y YBass, Sharon Hyde Y Y Y E E E Y Y Y YBeck, Steve Y Y Y Y Y Y Y Y Y YBridges, Beth Y Y E Y Y Y Y Y Y YBryan, Kevin Y Y Y E Y Y E E E UBryant, Keith E Y Y E E Y E E E EBustos, Fernando Y Y E Y Y E Y Y Y YCarrasco, Rey Y Y Y Y Y Y Y Y Y ECastro, Abel Y Y Y Y Y Y Y Y Y YChambers, Chris Y Y Y Y E Y E Y Y YDavis, Renee Gonzales Y Y E Y E E Y E E YDoyle, Casey E Y Y Y Y Y Y Y Y YHorn, Jeff E Y Y E Y E E Y Y YJames, Chris E Y Y E Y E Y Y E EJohnston, Dana Y Y Y Y E Y Y Y Y YKing, Brent Y Y Y Y E Y E Y Y YLambert, Mike Y Y Y Y Y E Y Y Y YLonngren, Chris Y Y Y Y E Y Y Y E YMadison, Dana Y E Y Y Y E Y Y E YMarcinkowski, Dave E E Y Y E Y Y Y Y YMcBride, Eddie Y Y Y Y Y Y Y Y Y YOaks, Kathy Y E Y Y Y E E Y Y YPalmer, Becky Y Y Y E Y Y E E Y YPena, Tony Y Y E Y Y Y E E Y YPerrin, L. Timothy E Y Y E Y Y E E E YPope, Cathy E E Y E Y Y Y E Y EPowell, Cory Y Y Y Y Y Y Y Y Y YReasoner, Vanessa Y E Y Y E Y E Y E ERobertson, Berhl E E Y Y Y U E Y Y ESharpe, Pam Y Y Y Y Y E Y Y Y YSpencer, Shannon Y E Y Y Y E Y Y E YTatum, Diannah Y Y Y Y Y Y Y Y Y YTruby, Marcie E E Y U Y E E Y E Evan Reenen, Ian E Y Y E Y Y Y Y Y EVitela, Gabe Y Y Y Y E Y Y Y Y Y

E=Excused Absence U=Unexcused Absence Y=Attended

A member of the Board of Directors who shall be absent without prior notification from three (3) consecutive regular meetings during any program year (January through December) of the Board of Directors shall automatically be dropped from membership. Members absent from five (5) regular meetings during the program year unless absences are approved by a majority vote at a duly called meeting of the Board shall be dropped from membership on the board.

Board Attendance 2018


Memo for Executive Committee and Board of Directors

From: Eddie McBride, President and CEO

Date: October 9, 2018

Subject: Program of Work and Division Reports

Business Advocacy—Vice Chairman Dave Marcinkowski Issues Management • The Committee this month completed markup of the 2019 State Policies and Priorities. These

are attached (please see Attachment 14).• With the turnover in Congress for 2019, the Chamber will be closely monitoring issues that

the U.S. Chamber will be prioritizing on the federal level, including immigration and borderprotection, infrastructure including a funding mechanism, and workforce preparedness. TheCommittee will consider these priorities in formulating the 2019 Federal Policies andPriorities.

• The Chamber is continuing to research and prepare comment on the recently proposed rulesto allow Association Retirement Plans for small businesses to offer affordable retirementplans to employees. Official comment is due Dec. 24.

Government Relations • Thanks to presenting sponsor United Supermarkets and everyone who attended or sponsored

the Chamber’s a reception honoring Former Chancellor Robert Duncan and his wife, Terri.More than 200 were in attendance.

• Lubbock Day at the State Capitol is slated for February 26 and 27, with a receptionscheduled for the evening of February 26, and briefings, a proclamation and luncheon onFebruary 27. Sponsorships are available.

Agriculture & Natural Resources • The Committee this month was briefed by Victoria Whitehead of the High Plains

Underground Water District regarding water issues that are likely to come up in theLegislative Session.

Transportation • In lieu of this month’s meeting, Chamber staff and committee members attended the Ports to

Plains Annual Conference in Del Rio.

Communications & Public Relations —Vice Chairman Chris Lonngren Media & Communications • Third Quarter - social media and electronic communications include:

o Facebook: The Lubbock Chamber page likes increased by 178 and the total reachincrease by 22%. The Hub City BBQ facebook page increased by 145 likes and


the reach increased by 76,009. The increase in likes and reach on these two pages is most likely due to promotions for Hub City BBQ in October and the Chamber’s various event promotions including introduction of the new West Texas Employer Health Plan, Leadership Lubbock applications and Twenty Under Forty nominations. July and August had the largest reach due to two promotions each month with a total of $600 spent in facebook ads. Also, the YEA! page had an increase in likes by 84 and the YPL page had an increase by 15.

o Twitter: The total number of tweets in the third quarter was 185.o Website: The average users in the third quarter was 16,349 with a 6% increase in

page views. The most users we had on our website during this quarter was onAugust 14, the day the West Texas Employer Health Plan was announced.

o Monday Memo: There was a 3% increase in both the open and click through rateduring the third quarter. The most clicked on Monday Memo was the subject lineannouncing that Leadership Lubbock applications were to close that day.

Message Development and Promotion • Hub City BBQ

o Posted photos / videos throughout the evento Thanked sponsors on social media leading up to and day after evento Created video with photos from the event to air at wrap up meeting with committeeo KCBD John Robinson conducted a live weather report at 4, 5 and 6 from the BBQ

• Business Expoo Working with RD Thomas on all collateralo ¼ page ad promoting Business Expo to run in AJ on Thanksgiving Day

• Young Entrepreneurs Academy (YEA) continued promotions on new class year• Promotions for Chamber Trip to Switzerland in 2019 underway

o Held information session on November 5 with about 20 attendees• Voter Education / Early Voting campaign

o Filmed County Commissioner Candidate videos – aired October 22o Social media campaigno Created landing page with information on LISD Bond Election / Expo Center /

Candidate videos and get out to vote information• Chamber of Commerce Week (October15-19)

o Commissioners Court held special session for Proclamation of Chamber ofCommerce Week

o Held facebook live during Leadership Lubbock Ag Day with Chairman TravisMarlar to discuss importance of Ag to our community

o Op-Ed in AJ on October 14o Email to dropped members promoting Health Plan and COC week join specialo KFYO show highlighting COC week and individual board members businesses


• Small Business Saturday (November 24)o Creating videos to promote Chamber members that will be celebrating Small

Business Saturdayo Created Small Business Saturday landing page with marketing tool kit for members

to utilizeo Passing out #ShopSmall goodies to local businesseso Resolution to be presented at November 15 City Council Meetingo Letter to Editor – to run on November 18o News Conference promoting Small Business Saturday to be held on November 19

at The Matador (campus location) in conjunction with the Mayor’s office• Annual Meeting promotions underway

o Created Annual Meeting invite for board and past Chairmano Ad promoting Annual Meeting to run in AJ on November 11o Working on Annual Report – will be printed by Plains Presort as a trade

• West Texas Employer Health Plano Filming video with UHC CEO on November 16 to air at Annual Meeting to

promote the health plan and show the partnership between UHC and the Chamber• Social Media: #FootballFriday and #FollowFriday (new members) continue each week• Releases: Chamber of Commerce Week; Find Your Niche Marketing Seminar; YEA! Release

announcing instructors and new class; New Hire Release – Laura Mendoza; YEA! Field Tripto Schlotzsky’s; Glen Sheppard Seminar

Public Relations and Community Engagement • Media coverage: Eddie went on his monthly radio show on KFYO; Ribbon Cuttings; Eddie

went on Jay Leeson’s “Other Side of Texas” radio show to promote State of the TTUSystem lunch, Duncan Reception and Annual Meeting; Eddie interviewed by AJ on HubCity BBQ; Eddie interviewed by Fox34 on cotton surviving the “rainy” season; State of theTTU System Luncheon; Hub City BBQ; Former Chancellor Duncan Reception; AHP;

• Upcoming coverage: Fox34 Look Around Lubbock to film YEA! Field Trip at BahamaBucks on November 13 to air November 15

Community Development—Vice Chairwoman Shannon Spencer Leadership Lubbock • Agriculture Day was held on October 17• Graduation banquet was held on November 8 at the Legacy Event Center• 2019 Leadership Lubbock Orientation is scheduled for January 16, 2019Young Entrepreneur’s Academy• 19 YEA! participants first official class day was on October 23 with Keith Patrick – Frenship

ISD as “The Big Idea” Instructor.• “Franchise” Fieldtrip was hosted by Chris Lonngren – Schlotzsky’s on October 30


• “Cool Business” Fieldtrip will be hosted by Blake Buchanan – Bahama Bucks on November13

• Fox 34 “Look Around Lubbock” segments will be recorded on November 13 and aired onNovember 15

Young Professionals of Lubbock • The 2018 Top 20 Under 40 Awards Banquet will be held on November 13 at the MCM

Elegante Hotel. Brice Foster is the keynote speaker. About 200 are expected to be inattendance.

Programs, Services & Events Division--Vice Chairman Sharon Hyde Bass Hub City BBQ was held Thursday, Oct. 11, 5 -8 pm, South Plains Fairgrounds • Presenting Sponsor was Bushland Springs• Headliner was Texas Country artist Shane Smith & the Saints, with opener Cole Barnhill,

Lubbock Cooper ISD student• 79 Sponsors, 107 Teams participated.• Surveys and feedback have all been extremely positive about the move to the Fairgrounds,

both from the sponsors and cooking teams.Business at its Best: Fix Your Niche, Nov. 9, 8:30 – 11:30 am, First Bank & Trust Operations Center • Speaker: Telea Stafford with Phenixx Marketing• Sold out with over 60 attendeesBusiness at its Best: How to Supervise People and Lead a Team, Dec. 6, 8:30 – 11:30 am,Standard Sales• Keynote speaker is Glenn Shepard, founder of Glenn Shepard Seminars• Tickets are $949 and $199 for Chamber members2019 Business Expo, Thursday, January 24, Lubbock Memorial Civic Center• Presenting Sponsor is American National Bank• The 2019 theme is “Making History in the Hub City”• 2019 Business Expo Chairman is David Putman with AFLACSave the Date for Lubbock Uncorked, April 12, 2019• The location will be the American Windmill Museum, 5 – 9 pm• Chairman is Chris Lonngren, Schlotzsky’s• Co-Chair is Noel Garcia, United Supermarkets• Wine Award Dinner will be Thursday, March 28


Services and Member Engagement – Vice Chair Kathy Oaks September Membership

Membership Average per Member Goal / Budget 24 $ 9,000 $375.00

New Members - Internal 17 $ 5,875 $345.59

New Member – Outside Sales 6 $ 3,140 $523.33

New Members – TRC / Other 7 $ 3,029 $432.71

Total New Members 30 $12,044 $401.47

Total Membership 1893 $1,020,108 $538.88


September 2018 Collections Call list Board Action 10 45% $3,989 Request to be dropped 1 5% $338 Out of Business 1 5% $450 Paid 9 41% $2,922 Still Working 1 5% $450

Total Call List 22

Drops that were not on the September Call List Board Action - Prior 4 $2,084 Request to be dropped 7 $3,902 Out of Business 1 $0

Total 12

Reinstated Members 3 $1,126

Total 21 $9,367

Loss Rate QTR 1 QTR 2 QTR 3 Oct

Budget 20% 20% 20% 20% Goal 15% 15% 15% 15% Actual 17% 16% 13% 13%

Ambassadors • We currently have 293 Ambassadors• October Ambassador of the Month was Melanie Cornwell from MLC Resources & Team of

the month was Team McCreight.Ribbon Cuttings/Ground Breakings • 11 Ribbon cuttings are scheduled for NovemberBusiness After Hours• November 15 will be sponsored & hosted by Cornerstone Audiology• November 29 will be sponsored & hosted by American National Bank• December 13 will be sponsored & hosted by South Plains Food BankI’m a Member! Now What?

• The next “I’m a Member! Now What?” will be held December 13 preceding BusinessAfter Hours at the South Plains Food Bank

0

200

400

600

800

1,000

1,200

Oct‐17 Nov‐17 Dec‐17 Jan‐18 Feb‐18 Mar‐18 Apr‐18 May‐18 Jun‐18 Jul‐18 Aug‐18 Sep‐18 Oct‐18

Thousands

Statement of Financial Position

Assets Liabilities

Attachment 11, 1 of 5

OPERATING ACTIVITIES October 2018 October 2017Net Income 9,912 -16,215Adjustments to reconcile Net Incometo net cash provided by operations:

Prepaid ExpensesDue to /From Foundation -10,509 300Accounts Receivables 53,977 18,479Accounts Payable 224Accounts Receivables - Visa -20,863 -19,348Employee Insurance Payable -749Federal Withholding Tax 6,690 12Insurance Payable 127 179Employee Retirement Payable -0United Way Payable -1,265 287

38,070 -16,832

INVESTING ACTIVITIESFurniture and EquipmentFurniture and FixturesBuildingsAccumulated Depreciation

Net cash provided by Investing Activities 0 0

FINANCING ACTIVITIESNet cash proviced by Financing Activitites

Deferred IncomeUnrestricted Net Assets

Net cash provided by Financing Activities 0 0

Net cash increase for period 38,070 -16,832Cash at beginning of period 480,302 633,321

Cash at end of period 518,372 616,489

Statement of Cash Flows (unaudited)For the Period Ending

October 2018

Attachment 11 Page 2 of 5



Revenues

Membership Revenue - Renewal

Membership Revenue - New

Membership - Non-Renewal

New Member Application Fee

Engagement

Total Member Engagement $

Programs, Services, and Events

Community Relations

Media Relations

Voice of Business

Total Programs $

Total Revenue $

Expenses

Engagement

Total Member Engagement $

Personnel & Related Cost

Operations

Total Personnel & Operations $

Programs, Services, and Events

Community Relations

Media Relations

Voice of Business

Total Programs $ Total Expenses $

Net Income (Loss) Before Dep $

Depreciation Expense

Bad debt from prior year

Net Income (Loss) $

Political Action Committee

Financial Results (unaudited)

For the Period ending

October 2018

Month to date Actual

Actual Budget Variance

73,455 75,052 (1,596.57)

13,002 9,000 4,002.00

(9,288) (16,608) 7,320.57

960 840 120.00

28,887 1,567 27,320.62

107,017 $ 69,851 $ 37,167

75,365 30,450 44,915

35 200 (165)

280 4,375 (4,095)

625 (625)

75,680 $ 35,650 $ 40,030

182,697 $ 105,501 $ 77,197

2,172 950 1,222

2,172.19 $ 950.00 $ 1,222.19

88,457 91,466 (3,009)

10,493 26,592 (16,098)

98,951 $ 118,058 $ (19,107)

24,780 56,146 (31,365.38)

9,011 5,000 4,010.69

33,791 $ 61,146 $ (27,355)

134,914 $ 180,153 $ (45,240)

47,783 $ (74,653) $ 122,436

2,000 (2,000.00)

47,783 $ (76,653) $ 124,436

-37,871 -917 (36,954.25)

9,912 (77,570) 87,482

Actual

876,140

96,708

(111,489)

6,140

101,391

$ 968,891

618,224

3,710

20,780

29,000

$ 671,714

$1,640,604

64,378

$64,378.19

897,712

278,619

$ 1,176,331

190,416

1,709

149

23,185

$ 215,459

$ 1,456,167

$ 184,437

3,381.99

$ 181,055

-53622.81

127,432

Year to Date

$

$

$

$

$

$

$

$

$

Budget Variance

879,811 (3,670.40)

105,000 (8,291.83)

(174,316) 62,827.13

9,800 (3,660.00)

78,242 23,148.96

898,537 $ 70,354

608,470 9,754

1,800 1,910

81,750 (60,970)

32,750 (3,750)

724,770 $ (53,056)

1,623,307 $ 17,297

97,650 (33,272)

97,650.00 $ (33,271.81)

869,247 28,465

268,777 9,842

1,138,024 $ 38,307

228,200 (37,783.87)

1,000 708.61

149.00

6,500 16,684.95

235,700 $ (20,241)

1,471,374 $ (15,206)

151,933 $ 32,504

5,000 (5,000.00)

20,000 (16,618.01)

126,933 $ 54,122

22000 (75,622.81)

148,933 (21,501)


haily.wells

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Revenues

Prayer Luncheon Revenue 34,200

Young Professionals - Lunch & Learn 4,895

Young Professionals - 20 under 40 7,935

Education Luncheons 3,500

Annual Membership Meeting 30,015

Harvest Lunch Revenue 11,840

Business at its Best 8,545

TTU Kick-Off Breakfast 20,450

Golf Tournament Revenue 82,664

Barbecue Cook-Off Revenue 155,792

Uncorked 76,793

Business Expo Revenue 76,960

Salute to AG Lunch 12,490

Business After Hours Revenue 17,120

Legislative Appreciation Lunch 18,570

Receptions 13,840

State of TTU Luncheon 11,640

Diversity and Inclusion Summit/ Lunch 30,825

You're a Member! Now What? 150

Young Professionals - FTN

Candidate School

Web Banner Ads 19,000

Ribbon Cuttings 13,200

Ober Digita Media 1,780

Net Program 652,204

PAC - Restricted 14,548

Analysis of Program Results

For the Period ending

October 2018

Ammal Budget

Ex2ense Net Revenues Ex2ense

11,115 23,085 36,000 18,000

1,583 3,312 1,400 900

0 7,935 13,600 7,100

0 3,500 8,000 5,000

0 30,015 38,000 20,000

0 11,840 8,500 3,500

443 8,102 6,000 4,000

0 20,450 23,000 10,000

489 82,175 83,000 29,000

1,759 154,033 130,000 45,000

44,545 32,248 75,000 45,000

37,546 39,414 107,000 45,000

3,253 9,237 8,500 4,000

17 17,103 23,000 1,000

0 18,570 12,000 8,000

269 13,571 4,000 3,000

0 11,640 10,000 8,000

25,348 5,477 23,720 12,200

0 150 1,000 500

0 0 5,400 400

0 0 500 500

0 19,000 98,000 500

0 13,200 10,000 0

0 1,780 4500 0

126,366 491,857 730,120 270,600

31,528 (16,980) 25,000 3,000

Variance

Net Revenues Ex2ense Net

18,000 (1,800) (6,885) 5,085

500 3,495 683 2,812

6,500 (5,665) (7,100) 1,435

3,000 (4,500) (5,000) 500

18,000 (7,985) (20,000) 12,015

5,000 3,340 (3,500) 6,840

2,000 2,545 (3,557) 6,102

13,000 (2,550) (10,000) 7,450

54,000 (336) (28,511) 28,175

85,000 25,792 (43,241) 69,033

30,000 1,793 (455) 2,248

62,000 (30,040) (7,454) (22,586)

4,500 3,990 (747) 4,737

22,000 (5,880) (983) (4,897)

4,000 6,570 (8,000) 14,570

1,000 9,840 (2,731) 12,571

2,000 1,640 (8,000) 9,640

11,520 7,105 13,148 (6,043)

500 (850) (500) (350)

5,000 (5,400) (400) (5,000)

0 (500) (500) 0

97,500 (79,000) (500) (78,500)

10,000 3,200 0 3,200

4500 (2,720) 0 (2,720)

459,520 -77,916 (144,234) 66,317

22,000 (10,452) 28,528 (38,980)


haily.wells

Stamp



2018 3rd- qtr. Financial Recap Reconciliation Report

October

• Membership Revenues are up slightly due to better than budget renewals as well as new members.

• Engagement Revenues vary due to the invoice that went to United Health Care.

• Programs, Se1·vices and Event Expenses are due to successful events

• Community Relations Revenues are on target compared to the monthly budget.

• Media Relations Revenues vary due to realizing less banner ad income than budget.

• Voice of Business Revenues are on target compared to the monthly budget.

• Engagement Expenses are on target compared to the monthly budget.

• Operational Expenses va1y due to the reimbursement from the Foundation for the 401K top heavy payment.

• Programs, Services and Event Expenses very due to the timing of receiving and paying invoices.

• Community Relations Expenses are on target compared to the monthly budget.

• Media Relations Expenses are on target compared to the monthly budget.

• Voice of Business Expenses are on target compared to the monthly budget.


haily.wells

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Revenue Expenses Net Revenue Expenses Net Revenue Expenses Net

Membership 959,812 - 959,812 1,007,017 - 1,007,017 1,046,171 - 1,046,171 Engagement 80,700 104,500 (23,800) 96,333 69,378 26,954 75,000 100,000 (25,000)

Total Member Engagement 1,040,512 104,500 936,012 1,103,350 69,378 1,033,971 1,121,171 100,000 1,021,171

Personnel & Related Cost - 1,061,467 (1,061,467) - 1,063,139 (1,063,139) - 1,042,719 (1,042,719) Operations - 329,527 (329,527) - 323,981 (323,981) - 344,380 (344,380)

Total Personnel & Operations - 1,390,994 (1,390,994) - 1,387,120 (1,387,120) - 1,387,099 (1,387,099)

Programs, Services, and Events 617,620 270,600 347,020 637,724 231,002 406,722 614,900 273,400 341,500 Community Development 10,000 2,500 7,500 10,710 1,709 9,001 10,000 2,500 7,500 Communications & Public Relations 102,500 500 102,000 38,480 149 38,331 49,500 149 49,351 Business Advocacy 34,000 5,000 29,000 29,000 26,785 2,215 45,000 20,000 25,000

Total Programs 764,120 278,600 485,520 715,914 259,645 456,269 719,400 296,049 423,351

Net Income (Loss) Before Dep 1,804,632 1,774,094 30,538 1,819,263 1,716,142 103,121 1,840,571 1,783,148 57,423

Depreciation Expense - 5,000 (5,000) - 5,000 (5,000) - 5,000 (5,000) Bad debt from prior year - 20,000 (20,000) - 2,082 (2,082) - 20,000 (20,000)

Net Income (Loss) 1,804,632$ 1,799,094$ 5,538$ 1,819,263$ 1,723,224$ 96,039$ 1,840,571$ 1,808,148$ 32,423$

Political Action Committee 25,000 3,000 22,000 22,066 71,688 (49,623) 25,000 3,000 22,000 27,538$ 46,416$ 54,423$

2018 Projection 2019 Budget

Lubbock Chamber of CommerceProjection and Budget Comparisons

2018 Budget



1500 BROADWAY, SUITE 101 LUBBOCK, TX 79401

P 806.761.7000 F 806.761.7013

EXECUTIVE SUMMARY: Lubbock Chamber of Commerce 2019 State Policy Priorities (additional positions and detail attached)

AGRICULTURE/WATER/NATURAL RESOURCES • Support the rules of local groundwater conservation districts and their efforts to balance groundwater

ownership and conservation in a manner that benefits the economy of the Lubbock area and recognizes private property rights.

• Oppose efforts to alter the existing structure of water rights laws in any manner that weakens the legal and property interest of groundwater rights holders.

• Support sufficient funding of boll weevil control programs. Support additional funding for research and marketing related to food and fiber products, with emphasis on projects that further promote the integration of Texas agricultural products into foreign markets.

ECONOMY/INFRASTRACTURE • Support the Texas Association of Business strategy for economic development in order to continue the level of

economic development success that Texas has received in recent years. The plan includes education and workforce development, infrastructure, investment capital, and innovation while continuing to provide state and local tools to compete for corporate expansions and relocations that add jobs to our economy.

• Support legislative measures to equitably distribute the burden of business taxes among all businesses, including service and manufacturing. Support legislation ensuring that homeowners and businesses share support for public education.

• Support designation of the I-27 Extension Route. EDUCATION/EDUCATION REFORM/WORKFORCE TRAINING • Support Texas Tech University in its efforts to educate and empower a diverse student body, enable innovative

research and creative activities, and to transform lives and communities through strategic outreach and engaged scholarship. Support Texas Tech’s efforts to attain funding for new and updated facilities to support the growing student population. Support the Texas Tech University School of Veterinary Medicine to address the critical shortage of veterinarians throughout rural Texas with an innovative and cost-efficient education model. Support the Texas Tech University Health Sciences Center to expand the educational pipeline for physicians, nurses, pharmacists, physician assistants and other healthcare professions throughout our region and Texas. Support Texas Tech Health Sciences Center’s efforts to increase the number of Texas Graduate Medical Education (GME) resident positions available; create solutions to reduce the nursing shortage in our region and increase funds to provide mental health training and screening in the region’s public schools.

• Support funding for high quality, full-day pre-K and legislation that puts children on a pathway toward academic achievement. Support allowing any new funding for full-day pre-K to be applied to those who are currently providing full-day Pre-K services.

HEALTHCARE • Support an extension of the 1115 Medicaid Transformation Waiver and a call for negotiations between the Texas

Health and Human Services Commission and CMS to develop an appropriate renewal of the waiver at the end of the extension period. Support a state budget that protects funding for health care programs and services to meet the physical and behavioral health care needs of a growing population. Support funding for behavioral health care that is commensurate with the need for services and policies that foster, rather than inhibit, access to emergency psychiatric care.

TRANSPORTATION • Support the extension of I-27.

12:00-1:30 PM Thursday, November 15, 2018 A. New Members … · 2018-11-09 · Coldwell Banker Rick...

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