Embed Size (px)
Citation preview
2018 ANNUAL REPORT
TULSA’S FUTURE REGIONAL MAP
Tulsa’s Future is an investment in both the near- and long-term vitality of our region.
In the near term, we had remarkable success in 2018. Tulsa’s Future surpassed the five-year goal to
generate $1.1 billion of new capital investment in northeast Oklahoma a full two years early. From
Sofidel’s $360 million facility in Inola to Amazon’s $130 million fulfillment center in Tulsa, 2018 was
a banner year for new business attraction.
However, we can’t rest on our laurels. The cities with which we compete for capital investment and
new jobs have enjoyed equally impressive growth. To maintain this level of new economic activity,
we must take steps now that will yield returns a generation later.
In 2018, the Tulsa Regional Chamber made a strategic decision to realign its economic and
workforce development efforts. By combining these two imperatives, we’re following industry best
practices and prioritizing northeast Oklahoma’s talent needs in the coming decades.
Tulsa’s Future will continue to focus on the regional talent pipeline, with a heightened emphasis on
both the needs of our existing employers and the kinds of employees we must attract to grow key
industry sectors.
As an investor in Tulsa’s Future, you actively support and sustain the economic prosperity of our
communities. Thank you for believing in the potential of the Tulsa region and for helping northeast
Oklahoma realize a more prosperous future.
Thank you,
Jeff Stava
2018 Chair, Tulsa’s Future
Oversight Committee
COO, Tulsa Community
Foundation, GKFF
Sid McAnnally
2018 Vice Chair, Economic Development
Tulsa Regional Chamber
Senior Vice President, Operations
ONE Gas
LETTER TO INVESTORSTULSA’S FUTURE REGIONAL MAP
1
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
In 2018, northeast Oklahoma celebrated the LARGEST CAPITAL INVESTMENT in Tulsa’s Future history.
In March, Sofidel Group, an Italian tissue paper manufacturer, broke ground
on a massive industrial facility in Inola. The $360 million capital investment
will create 300 jobs in the Rogers County community. Not only was Sofidel’s
investment the largest in northeast Oklahoma in decades, but the project also
involved more partner entities than any in the 13-year history of Tulsa’s Future.
Partners involved in the project included utility companies, tribal nations, and
state and federal agencies.
CELEBRATING A RECORD-BREAKING
YEAR
2
The 1.8-million-square-foot plant,
expected to be operational by 2020,
will have a production capacity of
120,000 tons of tissue paper each
year.
In June, Amazon announced plans to
build a more than 2-million-square-
foot fulfillment center near Tulsa
International Airport. The company
will invest an estimated $130 million
for this state-of-the-art facility.
Once completed, Amazon will hire
1,500 people, the single largest jobs
investment since Tulsa’s Future began
with an annual payroll of roughly $50
million.
Amazon’s fulfillment center will
feature the latest in automation,
which aligns with the Tulsa Regional
Chamber’s goal of attracting new
economy, technology-based jobs to
northeast Oklahoma. The Amazon
project was also the result of a strong
partnership between the Chamber,
the City of Tulsa, the Cherokee Nation,
the Muscogee (Creek) Nation, Tulsa
Tech, former Gov. Mary Fallin, the
Oklahoma Department of Commerce
and the Oklahoma Department of
Transportation.
Site Selection Magazine recognized the
Tulsa region for our success in business
expansion and
attraction projects
during 2018. Our
region ranked sixth in
America for midsize
metros (populations
between 200,000
and 1,000,000). Last year alone, the
Tulsa area boasted 25 projects that
added at least $1 million in capital
investment, created at least 20 new
jobs, and resulted in at least 20,000
square feet of new business space.
Those projects and many others are
prime examples of how a collaborative,
strategic and holistic economic devel-
opment model can transform a region.
Partners throughout the region, which
include municipalities, counties, tribes,
educational institutions and workforce
development organizations, have
embraced the collaborative foundation
of Tulsa’s Future. Their efforts and
commitment to regional prosperity
have exceeded expectations and
enabled a record-setting year for
economic development in northeast
Oklahoma.
Mike Neal, president and
CEO of the Tulsa Regional
Chamber, and Mayor
G.T. Bynum celebrating
Amazon’s announcement
to build a 2-million-square-
foot facility that will employ
1,500 people in Tulsa.
3
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
EXPANDING NORTHEAST
OKLAHOMA’S POTENTIAL
Reaching $1.1 BILLION IN CAPITAL INVESTMENT two years ahead of schedule, northeast Oklahoma’s economic development efforts saw unprecedented success in 2018. At the core of Tulsa’s Future strategy is business retention and expansion, and on that front, the region celebrated several major announcements.
Greenheck Group, a Wisconsin-based manufacturer of air movement, control
and conditioning equipment, celebrated the completion of phase one of its Tulsa
campus, a $100 million capital investment. The expansion was a collaboration
between the Chamber, the City of Tulsa and several regional partners, including the
Cherokee Nation.
4
This first phase included more
than 200,000 square feet of
operational space and 20,000
square feet of office space. With
the completion of phase one,
Greenheck leadership also revealed
details about the second phase of
construction, which will include
more than 160,000 square feet of
manufacturing space for dampers
and power roof ventilators. The
campus will support more than
600 jobs once phase two opens for
production in early 2020.
Another big win was Whirlpool’s
announcement of a $55 million,
798,000-square-foot factory
distribution center. The project will
expand Whirlpool’s manufacturing
and distribution capabilities at
its Tulsa plant, which currently
produces more than 2 million
cooking appliance products each
year. The new facility will support
increased production capacity
and improve efficiencies within
the company’s North
American supply
chain, and will add
150 high-quality
manufacturing jobs
to Whirlpool’s current
1,650 Tulsa employees.
Whirlpool’s partnership with
Tulsa dates back to 1994, when
Chamber staff worked with
Whirlpool to secure incentives
through Oklahoma’s then-newly
implemented Quality Jobs
Program. Whirlpool added more
jobs with a significant expansion
in 2013. Whirlpool’s investment
shows how recruiting a company
to the region and fostering
that relationship supports our
economy for years to come.
5
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
PROPELLING NORTHEAST
OKLAHOMA FORWARD
PROSPEROUS FUTURE
To be a leader in quality and sustainable regional economic development, high-value growth in existing and new businesses is necessary. In 2018, Tulsa’s Future saw a record amount of high-value growth and exceeded its goal of $1.1 billion in capital investment in northeast Oklahoma two years ahead of schedule.
In addition to record-breaking projects
like Sofidel, Amazon, Greenheck and
Whirlpool, Tulsa’s Future celebrated a
number of other wins.
The aerospace industry is a vital
contributor to the regional economy,
and several aerospace companies
furthered their investment in northeast
Oklahoma in 2018. Spirit AeroSystems
will expand its Tulsa operations and
invest $80 million in capital projects.
As part of the expansion, the company
will hire 250 additional employees.
American Airlines strengthened
its presence in Tulsa and added
new engine work at the company’s
maintenance base. The added
work resulted in 30 to 40 new jobs.
CymSTAR, an engineering firm that
modifies flight simulators, will add 100
new jobs over the next five years. This
expansion will more than double the
company’s current employee count.
These announcements are examples
of the continued growth in our region,
and were the result of a collaborative
effort among the Tulsa Regional
Chamber, the City of Tulsa, Tulsa’s
Future investors and regional partners.
6
5,089 JOBS CREATED IN 2018
Advanced Manufacturing
1,236
Aerospace & Defense
864
Energy
599
Health Care
70
Transportation, Distribution & Logistics
1,500
Professional Services & Regional
Headquarters
460
Information Technology
360
2,045Jobs created with an average annual wage
above $50,000
Tulsa’s Future III Total:
7,106
Five-Year Goal:
12,500
3,044Jobs created with an average annual wage
below $50,000
Tulsa’s Future III Total:
6,667
Five-Year Goal:
10,000
$823.2 milCapital investment
in the region by primary employers
Tulsa’s Future III Total:
$1.1 billion
Five-Year Goal:
$1.1 billion
YEAR 3 / 2018 PROGRESS
7
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
As Tulsa’s premier startup incubator, The Forge continues to improve and expand its services to work with companies that have a proven business model and are poised to scale.
The Forge helps startups through
programming designed to accelerate
growth, including certified growth
assessments, Tulsa’s original
startup mentor network, milestone
management and auxiliary
memberships. The Forge provided
startup assistance to 21 entrepreneurs
in 2018 and helped three companies
achieve commercialization. The
Chamber has also been a key
partner and sponsor of citywide
entrepreneurship events, including
Tulsa Global Entrepreneurship Week
and the 200ok tech conference.
The Chamber’s Tulsa Small Business
Connection continues to be a resource
for northeast Oklahoma’s small
business owners. The Connection
launched new programs and
strengthened existing offerings
to connect small business owners
with peers and mentors. Nearly
1,000 people from more than 750
businesses participated in Connection
programming in 2018, a 15 percent
increase in company representation
over 2017.
FOSTERING THE REGION’S THRIVING
ENTREPRENEURIAL CULTURE
INNOVATIVE FUTURE
8
Pictured left to right — Amy Bates, Merry Maids;
Weldon Bowman, W Design, 2018 Small Business Person of the Year; Steve Bradshaw,
BOK Financial Corp.; Mike Neal, Tulsa Regional Chamber; Angela Byers, Byers Creative.
The Forge and 36 Degrees North
assisted 86 businesses and
startups in 2018.
Tulsa’s Future III Total:
169
Five-Year Goal:
125
3 businesses achieved
commercialization in 2018.
Tulsa’s Future III Total:
14
Five-Year Goal:
25
YEAR 3 / 2018 PROGRESS
9
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
RECRUITING THE NEXT GENERATION
OF TALENT
The future prosperity of today’s cities depends on its young residents. They bring vibrancy, fresh ideas and new skills into the workforce. Tulsa’s Future aims to increase the number of adults with bachelor’s degrees moving to our region, and TYPROS leads that effort.
TYPROS is on a mission to attract
college students within a 300-mile
radius to move to Tulsa upon
graduation. The young profesionals
organization launched a digital
marketing campaign to get Tulsa in
the consideration set for college-
age students and recent graduates,
ultimately increasing the number of
residents with four year degrees.
In the first two months, campaign
content reached more than 80,000
people. Upon the campaign’s
completion, TYPROS will measure the
impact in census numbers of 18- to
24-year-olds migrating to Tulsa.
The Skilled Future pillar seeks to
improve the region’s talent pipeline
by attracting, retaining and providing
resources for a healthy, educated
workforce. To better achieve these
goals, the Tulsa Regional Chamber’s
workforce initiatives are now housed
under the economic development
division. This structural change aligns
with industry best practices, which
have demonstrated great value in
this arrangement.
SKILLED FUTURE
10
YEAR 3 / 2018 PROGRESS
Increased percentage of adults with a Bachelor’s Degree or higher moving
into the region by
Provided workforce assistance to
250 companies.
Increased percentage of adults with an Associate’s Degree or higher by
2,296 students graduated from career tech schools
Tulsa’s Future III Total:
36.7%
Five-Year Goal:
40%
Tulsa’s Future III Total:
344
Five-Year Goal:
250
Tulsa’s Future III Total:17% increase
through 2018
Five-Year Goal:
25% increase(2,444 annual graduates)
Tulsa’s Future III Total:
27.7% increase
Five-Year Goal:
30%
from the previous year.
from the previous year.1.8%11
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
Tulsa’s Future focuses on improving the region’s quality of place with an emphasis on downtown Tulsa mobility, walkability and capital investment.
After achieving a Walk Score of 40
in 2017, the Tulsa’s Future Oversight
Committee approved the decision
to increase the goal to 42. New
transportation options like This Machine
bike share and electric scooters, which
both launched in 2018, will help improve
Tulsa’s Walk Score.
The Chamber worked extensively with
Mayor G.T. Bynum and the City of Tulsa
to hire a new director for the Downtown
Coordinating Council. After a lengthy
interview process, Brian Kurtz was
hired in August. Kurtz is working to
implement the recommendations of the
downtown walkability study conducted
in 2017. These recomendations provide a
framework to ensure Tulsa has a vibrant
and accessible downtown.
IMPROVING TULSA’S QUALITY
OF PLACE
LIVABLE FUTURE
12
YEAR 3 / 2018 PROGRESS
40Downtown Tulsa
currently has more than
$500 mil of public and
private investment in the pipeline.
Five-Year Goal:
$600 million
TULSA HAS ACHIEVED A WALK SCORE
OF 40. Tulsa’s Future III Total:
40
(new) Five-Year Goal:
42
13
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
Labor force participation rate (metro area),2017 American Community Survey population.
0 10% 20% 30% 40% 50% 60% 70% 80%
Shreveport
Little Rock
Tulsa
Oklahoma City
Louisville
Wichita
Indianapolis
Kansas City
Dallas
Omaha
As northeast Oklahoma competes for jobs, talent and capital investment, it
must improve its competitive position. These dynamics show the Tulsa region’s
current standing among nine peer cities. It is evident that the region must look for
opportunities to further invest in education to ensure a strong workforce pipeline.
As Tulsa’s Future III works toward meeting the goals outlined within each program
pillar, favorable changes will be reflected in these regional rankings.
REGIONAL DYNAMICS
Average annual growth in non-ag employment, 2018Bureau of Labor Statistics.
0.0 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5%
Shreveport
Louisville
Kansas City
Omaha
Wichita
Little Rock
Tulsa
Oklahoma City
Indianapolis
Dallas
Annual mean wage 2017 area occupational employment and wage estimates, Bureau of Labor Statistics.
0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000
Shreveport
Little Rock
Wichita
Louisville
Tulsa
Oklahoma City
Omaha
Indianapolis
Kansas City
Dallas
14
Percentage of population aged 18-24 with less than H.S. diploma, 2017 American Community Survey one-year estimates.
0 5% 10% 15% 20%
Shreveport
Tulsa
Indianapolis
Wichita
Little Rock
Dallas
Oklahoma City
Kansas City
Louisville
Omaha
Portion of inmigration with bachelor's degree or higher, 2017 American Community Survey one-year estimates.
0 10% 20% 30% 40% 50%
Shreveport
Wichita
Tulsa
Oklahoma City
Little Rock
Louisville
Kansas City
Omaha
Indianapolis
Dallas
Employment in businesses 0 to 3 years old aspercentage of total, 2017 Quarterly Workforce Indicators.
0 2% 4% 6% 8% 10%
Indianapolis
Wichita
Little Rock
Shreveport
Louisville
Kansas City
Tulsa
Omaha
Dallas
Oklahoma City
Violent crimes per 100,000 inhabitants, 2017, Federal Bureau of Investigation.
0 100 200 300 400 500 600 700 800
Little Rock
Wichita
Indianapolis
Shreveport*
Tulsa
Oklahoma City
Louisville
Omaha
Dallas
Federal Bureau of Investigation. (September 2018). Crime in the United States, 2017. https://ucr.fbi.gov/crime-in-the-u.s/2017/crime-in-the-u.s.-2017/topic-pages/tables/table-6
*No Kansas City MSA data reported in 2016 and 2017.
Postsecondary degree attainment, 2017 American Community Survey one-year estimates.
0 10% 20% 30% 40% 50%
Shreveport
Tulsa
Louisville
Oklahoma City
Little Rock
Wichita
Dallas
Indianapolis
Kansas City
Omaha
15
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
Economic development activity continues to be strong throughout northeast
Oklahoma, and our regional partners celebrated a number of wins in their
communities during 2018.
ClaremoreMST Manufacturing, a leader in the
CNC machining and fabrication
business, announced it was moving
to Claremore. The company
provides service to the aerospace,
oil, petroleum, medical, automotive
and other key power sectors. The
company’s future plans include
additional capital investment and
100 new jobs.
City of Sand Springs Sand Springs’ River West
Development District
saw strong growth and
activity during 2018. New
restaurants, grocery,
health and pharmaceutical
businesses filled the site,
and additional investments
are planned.
Muskogee City/County Port AuthorityGeorgia-Pacific announced
a $50 million upgrade to
its bath tissue and towel
manufacturing operations in
Muskogee. The mill employs
800 people, making it the
largest private employer in
the city.
Muscogee (Creek) NationThe current Muscogee (Creek)
Nation Council House, the
oldest building in Okmulgee,
was built in 1878 after a fire
destroyed the original 1868
house. After a $2 million
renovation, the house reopened
in November and is a showcase
for Muscogee (Creek) Nation
history.
REGIONAL REPORT
16
City of BixbyCharley Young Event Park, in the heart of downtown Bixby, received the 2018 Great Public Space
Award. The redesign of the historic park included pedestrian and bike facilities, streetscaping,
wayfinding signage and landscaping.
City of TulsaThe City of Tulsa continued to
attract new jobs, business and
developments to downtown.
Block 44, a 100,000-square-foot
office development located in the
heart of the Tulsa Arts district,
will be the future headquarters of
Vast Bank.
17
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
Osage NationIn August, the Osage Nation opened the doors of a new $160 million casino and hotel
located near downtown Tulsa. Osage Casino and Hotel features a 247,000-square-foot
gaming floor, 141 hotel rooms, an event space and a parking garage, as well as several dining
and entertainment options.
Port of Catoosa The Tulsa Port of Catoosa, in partnership
with Watco Companies, transloaded
their very first shipment of wind-tower
structural and generation components.
The total shipment weighed 4,400 tons, or
8.8 million pounds.
City of OkmulgeeOSU Institute of Technology began
offering a new online bachelor’s
degree in leadership. OSUIT provides a
postsecondary pathway for those who
have previously completed an Associate in
Applied Science (A.A.S).
City of Broken ArrowAlfa Laval expanded its manufacturing
operations and broke ground on phase one
of its new manufacturing facility. This first
phase includes 68,500 square feet of space
for manufacturing, warehouse and office,
with a capital expenditure of more than $13
million and 120 new jobs. Phase two will
add 220,000 square feet of similar space,
with an estimated capital expenditure of
$23 million and 147 new jobs.
18
City of OwassoOwasso’s Redbud District saw
substantial growth with the
opening of several restaurants
and retailers at 76Main, a mixed-
use development. The district in
downtown Owasso continues to
grow, with additional developments
coming soon.
Tulsa Airports Improvement Trust Tulsa International Airport welcomed
two new carriers in 2018. Frontier
Airlines began seasonal service to five
new cities and year-round service to
Denver in March and Via Air began
nonstop service to Austin in May.
American Airlines announced in
October a new daily nonstop service to
Los Angeles will begin April 2019.
19
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
Rogers CountyRogers County welcomed
Sofidel, one of the largest
producers of hygienic and
domestic paper in the global
market. Phase one of the
Sofidel development is a 1.8
million-square-foot facility,
with more than 300 above
average wage jobs.
Cherokee NationIn October, Cherokee Nation announced plans for the Tahlequah-based OSU College of
Osteopathic Medicine at the Cherokee Nation. Once open in 2020, it will be the nation’s first
college of medicine located at a tribal health facility.
City of GlenpoolLast year, Glenpool created two TIF districts along U.S. 75.
The districts saw substantial growth with Saint Francis Health
System’s $27 million medical facility. In July, Mark Allen
Chevrolet invested $21 million in a new dealership at 166th
Street and U.S. 75.
MidAmerica Industrial Park MidAmerica Industrial Park announced a quality of life initiative
by bringing a new development to the park. “The District” will
have retail shops, an apartment complex and single-family
homes with amenities such as walking trails to Pryor.
20
City of SkiatookSkiatook invested millions in city
infrastructure, including road
improvements, expansion of its water
facility plant and a new sewer plant,
along with the increased capacity
of the electrical grid to meet the
demands for its growing community.
Wagoner County Economic Development Authority Wagoner County / CowetaWagoner County celebrated a number of new developments in 2018, and Coweta
is attracting national brands to its downtown Broadway District. Last year, several
restaurants opened, in addition to new QuikTrip and Casey’s General Store locations.
21
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
SID MCANNALLY2019 Chair Tulsa’s Future Oversight CommitteeSenior Vice President, OperationsONE Gas, Inc.
DAVID STRATTON2019 Chair Tulsa Regional ChamberExecutive Vice President of Tulsa Corporate Banking BOK Financial Corp.
ALAN ARMSTRONGPresident & CEOWilliams
BILL JOHN BAKERPrincipal ChiefCherokee Nation
STEVEN BRADSHAWPresident & CEOBOK Financial Corp.
G.T. BYNUMMayorCity of Tulsa
CARLIN CONNERChief Executive OfficerSemGroup Corporation
JAMES FLOYDPrincipal ChiefMuscogee (Creek) Nation
STEPHANIA GROBERVP, Sales & Marketing Blue Cross Blue Shield of Oklahoma
KEVIN GROSSPresident & CEOHillcrest HealthCare System
HANS HELMERICHChairmanHelmerich & Payne, Inc.
JAKE HENRY JR.President & CEOSaint Francis Health System
OVERSIGHT COMMITTEE
22
PAULA MARSHALLCEOBama Companies
MIKE MEARSPresident, CEO & Chairman of the BoardMagellan Midstream Partners, L.P.
MIKE NEALPresident & CEOTulsa Regional Chamber
ERIK OLUNDManaging DirectorAmerican Airlines
KAREN KEITHCounty CommissionerTulsa County
GINGER KOLLMANExecutive Director and Market Team Lead, J.P. Morgan Private Bank, J.P. Morgan Chase Bank, N.A.
LUCKY LAMONS Foundation President and Chief Advocacy Officer St. John Health System Foundation, Inc.
KEN LEVITExecutive DirectorGeorge Kaiser Family Foundation
JERRY SCANLINDirector of Accounting / Invoice Validation and AuditVerizon
STACY SCHUSTERMAN Co-Chair Charles and Lynn Schusterman Family Foundation
PEGGY SIMMONSPresident & COOPublic Service Company of Oklahoma
TERRY SPENCERPresident & CEOONEOK
GEOFFREY STANDING BEARPrincipal ChiefOsage Nation
DICK WILLIAMSON Chairman Emeritus T.D. Williamson
23
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
INVESTORS
OVERSIGHT COMMITTEE
BamaTM
24
REGIONAL PARTNER INVESTORSBixby Metro Chamber of Commerce
Broken Arrow Chamber of Commerce
Broken Arrow Economic Development Corporation
The Cherokee Nation
City of Bixby
City of Broken Arrow
City of Bristow
City of Claremore
City of Collinsville
City of Glenpool
City of Jenks
City of Okmulgee
City of Owasso
City of Sand Springs
City of Sapulpa
City of Skiatook
City of Tulsa
Claremore Industrial & Economic Development Authority
Grand River Dam Authority
INCOG
ITC Great Plains
Jenks Chamber of Commerce
MidAmerica Industrial Park
The Muscogee (Creek) Nation
Muskogee City-County Port Authority
Okmulgee Area Development Corporation
The Osage Nation
Owasso Chamber of Commerce
Public Service Company of Oklahoma
Rogers County
Rogers County Industrial Development Authority
Rogers State University
Tulsa Airports Improvement Trust
Tulsa County
Tulsa Port Authority
Tulsa Regional Chamber
Wagoner County Economic Development Authority
PRIVATE INVESTORS AAON, Inc.
Advance Research Chemicals Inc.
American Heritage Bank
American Parking
American Residential Group
American Waste Control, Inc.
Anonymous
Arvest Bank
AT&T
BancFirst-Tulsa
Big Elk Energy Systems
Bill Knight Automotive Group
BKD CPAs and Advisors
BlueSky Bank
BNSF Railway Company
BTC Broadband, Inc.
Bumgarner Properties
Cancer Treatment Centers of America
Capital One Auto Finance
Case & Associates Properties, Inc.
CCK Strategies
CF Industries
Cole Hargrave Snodgrass & Associates
Commerce Bank
Community HigherEd
Conner & Winters, LLP
ConsumerAffairs.com
Covanta Tulsa Renewable Energy, LLC
Cowen Construction
Cox Communications
CrossFirst Bank
Crossland Construction
Crowe & Dunlevy
Cyntergy AEC
Deloitte LLP
Doerner, Saunders, Daniel & Anderson, L.L.P.
Don Thornton Automotive Group
DXC Technology
Eide Bailly, LLP
Eller & Detrich, P.C.
Ernst & Young LLP
Fabricut, Inc.
First Fidelity Bank, N.A.
First National Bank & Trust Co. of Broken Arrow
First National Bank of Okmulgee
First Oklahoma Bank
FirsTitle & Abstract Services, Inc./ Smith Brothers Abstract
Flintco, LLC
Frederic Dorwart, Lawyers
GableGotwals
Gallagher
Gateway Mortgage
Gardner Denver, Inc.
GitWit Creative
Grand Bank
Grant Thornton LLP
Greater Tulsa Association of REALTORS®
Griffin Communications, LLC (KOTV / KQCW)
Hall Estill
HoganTaylor LLP
Holly Frontier Tulsa Refining
Home Builders Association of Greater Tulsa
HUB International Mid-America
Hughes Lumber Co.
IBC Bank
Ihloff Salon & Day Spa
Imperial
Jackie Cooper Imports of Tulsa, LLC
JD Young
Jim Norton Toyota
John Christner Trucking, LLC
Joshi Technologies International, Inc.
KPMG LLP
Linde Engineering North America
Lobeck Taylor Family Foundation
Lohrey & Associates, PLLC
MabreyBank
Manhattan Construction Group
Mariner Wealth Advisors - Oklahoma
Marshall Brewing Company
Matrix Service Company
McAfee & Taft
McElroy Manufacturing, Inc.
McGraw Property Management
MidFirst Bank
Midstates Petroleum
Mill Creek Lumber & Supply Co.
Mr. Dan Neale
Nabholz Corporation
Nadel & Gussman
Newton, O’Connor, Turner & Ketchum
NORDAM
Northeastern State University
Oklahoma Surgical Hospital
OG&E
Omni Air International, Inc.
Oral Roberts University
Orchids Paper Products
OSU–Tulsa
OU-Tulsa
Owasso Land Trust
Pelco Structural, LLC
Poe Enterprises, LLC
Premier Solution Partner
Price Family Properties
Program Management Group, LLC
Propeller Communications
Pryer Aerospace
PwC
QuikTrip Corp.
R. L. Hudson & Company
Regina and Berry Mullennix
Regent Bank
Rupe Helmer Group
Sanguine Gas Exploration
Schnake Turnbo Frank
Security Bank
Senior Star
Sherwood Construction
Sigma Solutions
Simmons Bank
Small Business Capital Corporation, in honor of Mickey Thompson
SpiritBank
Stinnett & Associates, LLC
SWEP North America, Inc
Switchgear Search & Recruiting LLC
The Anne and Henry Zarrow Foundation
The McIntosh Group LLC
The Robson Companies, Inc.
TTCU Federal Credit Union
Tulsa Community College
Tulsa Tech
Tulsa World Media Company
UMB Bank
University of Tulsa
Vacuworx Global, LLC
Vast Bank
Webco Industries, Inc.
Williams Construction Co.
World Travel Service, LLC
WPX Energy Company
Zeeco, Inc.25
TU
LS
A’S
FU
TU
RE
20
18 A
NN
UA
L R
EP
OR
T
2018 FINANCIAL DATA
REVENUE 2018 ACTUAL* 2018 BUDGET
Tulsa's Future Contributions 3,042,677 3,735,699
Chamber Support 250,000 250,000
Contract with EDC 250,000 250,000
Other 20,683 15,000
Total Revenues $3,563,360 $4,250,699
EXPENSES 2018 ACTUAL* 2018 BUDGET
Economic Development Staff 1,245,296 1,272,925
Research and Training 160,875 222,975
Meeting Services 31,168 48,150
Travel and Hosting 255,216 260,920
Marketing 208,141 374,200
Publications and Brochures 18,106 39,000
Advocacy 70,000 70,000
TYPROS Program Support 260,916 260,913
Workforce Program Support 230,292 230,288
Education Program Support 312,360 312,355
Downtown Development Program Support
61,972 185,913
Administrative & Overhead Allocations 647,893 721,455
Issues Fund 70,000 250,000
Total Expenses $3,572,233 $4,249,092
Excess (Deficit) ($8,873) $1,607
* Unaudited Financial Data
Tulsa’s Future, Inc. is a 501(c)(3) non-profit organization (Federal ID # 23-7033283). For federal tax purposes, investments
made to this program can be tax deductible as charitable contributions, or can be treated the same way as membership dues,
ordinary and necessary to the conduct of business. No goods or services have been exchanged for this contribution. As with any
contribution, please consult your tax advisor.
26
Mike Neal, CCE, CCD, HLM
President and CEO
Justin McLaughlin, CCE, CEcD
Executive Vice President and COO
Brien Thorstenberg, CEcD
Senior Vice President, Economic & Workforce Development
William P. Murphy, CEcD, EDFP
Vice President, Economic Development
Jennifer Hankins
Vice President, Entrepreneurship and Small Business
Maggie Hoey
Executive Director, TYPROS
Colleen Almeida Smith
Executive Director, Tulsa Small Business Connection
Rusty Linker
Director, New Business Development and Marketing
Bob Ball
Economist, Director of Economic Research
Dennis Altendorf
Director, Aerospace Development and Strategy
Angie Zaricor
Director, Regional Partnerships and Special Projects
Holly Foreman
Director, Existing Business and Energy
Joanna Jeffries
Program Manager, Workforce Development
Michelle Ondak
Project Manager
Tammie Kolker
Executive Assistant
Josh Wiedel
Economic Development Program Coordinator
TULSA’S FUTURE STAFF
