2009-2010   A n n u A l   R e p o R t

                                        As Utah’s business leader, we
Dear Salt Lake Chamber Members,	
The	past	year	has	been	one	we	won’t	soon	forget.	Utah	continued	to	handle	the	effects	of	...
Salt Lake Chamber
          By The
              S o u R C e S    o f   I n C o M...
The	Chamber’s	Energy	                             The	Chamber	championed	aggressive	investment	
     Task	Force	developed	...
Leadership	Utah	gave	business	
The	Downtown	Farmers	
                                                Market	was	ranked	among	
Circle Level

                               Members    Holme	Roberts	&	Owen,	LLP                   Lifetime	Prod...
SAlt lAke ChAMBeR                                                                                          StRAteGIC pARtn...
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2009-2010 Annual Report


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The 2009-2010 Annual Report of the Salt Lake Chamber encapsulates the Chamber's accomplishments, public policy and strategic partners as well as a basic financial overview.

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2009-2010 Annual Report

  1. 1. 2009-2010 A n n u A l R e p o R t As Utah’s business leader, we stand as the voice of business, we support our members’ success and we champion community prosperity.
  2. 2. Dear Salt Lake Chamber Members, The past year has been one we won’t soon forget. Utah continued to handle the effects of the “Great Recession” better than most states and the challenges brought both a greater sense of community and a greater sense of discipline to the way we all do business. Utah continues to gain national attention for our way of doing business, for managing our governmental affairs and for the way we live. Salt Lake City was named the fittest in America by Men’s Fitness Magazine, which may be one reason we are the happiest state, according to a Gallup poll. We ranked tops in economic competitiveness and as the state poised to rebound from the recession before any others. For visitors to our great state, accessing all Utah has to offer, including the Greatest Snow on Earth, was easy thanks to Salt Lake City International Airport, which was named best in the nation. And we dominated the attention of soccer fans across the nation, first hosting the MLS All-Star game at Rio Tinto Stadium, a night on the pitch topped only when Real Salt Lake claimed the MLS Cup. Despite these and other impressive accomplishments, Utah businesses continued to feel the effects of the sluggish economy. As the recession bottomed out and with growth on the horizon, Utah stood tall as it always does. We maintained our very low unemployment rate. Construction continues downtown with an impressive $1.6 million invested each day on projects including City Creek Center. The downtown skyline added a new building of Class-A office space as 222 Main welcomed its first tenants. Through the ups and downs, we remain a dynamic, rapidly growing state. There is so much that is right with Utah. We’re a state on the move! As a valued member of Utah’s largest and longest-serving business association, you play an integral role in helping business succeed. Together, we provided a new and better brand of business leadership on a statewide level. We have strengthened our position as the Capital City Chamber, taking an active role in crafting public policy, galvanizing business leadership and building grassroots business advocacy. Not alone in this quest, we embrace and advance the Downtown Alliance and World Trade Center Utah as our strategic partners. Working with these partners, we further enhance downtown Salt Lake City as the cosmopolitan center of the new American West and further develop our status as a “World City.” We have also formalized partnerships with other business organizations throughout the state. Together we most effectively speak out on issues that affect businesses in Utah. This annual report presents our budget, outlines many of our accomplishments and highlights our leadership. The past year has been one of unprecedented challenge and opportunity. If you are a member of the Salt Lake Chamber, thank you for your support. If you are not a member, now is a great time to join. Sincerely, Lane Beattie, President and CEO Jake Boyer, Chair
  3. 3. Salt Lake Chamber By The Numbers S o u R C e S o f I n C o M e A l l o C At I o n o f f u n D S n Participation Fees/Sponsorships $1,941,257 (39%) n Compensation $2,321,525 (47%) n Memberships $1,881,945 (38%) n Overhead $1,735,303 (35%) n Government Contracts & Grants n Program Expenses $1,040,302 (21%) $771,853 (16%) n Other Revenue n Reserve $70,941 (2%) $105,764 (2%) totAl $4,934,445 totAl $4,934,445 20,533 % 256,000 187 Businesses that have 75 29 36 Member referrals 5700 been members for more event attendees than 25 years Businesses that have Counties 9,116,618 50 or fewer employees Committees and task forces Web site hits 8,150 130 168 Businesses represented 2,974,914 Web site referrals events and seminars 815,268 25 400,000+ % 2 people travelled to China Member referrals from Web site Web site visits 10 Strategic partners Businesses that have 50 or more employees employees represented States with members slchamber.com
  4. 4. The Chamber’s Energy The Chamber championed aggressive investment Task Force developed a in transportation projects, resulting in nearly comprehensive Energy $7 billion invested in Utah’s infrastructure. The Policy Statement to guide investment came at a critical time and took our business advocacy advantage of low construction and bonding costs. as we work to realize Utah’s potential to become a world leader in energy development and environmental stewardship. The Chamber remains committed to improving the Utah Health Exchange to lower health costs for business. The exchange is scheduled to be open widely by 2012. Public Polic y 222 Main opened as the first LEED Certified designed office space in Salt Lake The Chamber’s state budget City and signs of progress recommendation called for adorned buildings and lamp full funding of public and posts around the city. higher education. The Chamber advocated for a housing stimulus grant program to help Utah’s hardest hit industry, residential construction. The grants cleared excess inventory as the first round of the Home Run Grant Program utilized $10 million to leverage $376 million in new home sales in only 90 days.
  5. 5. Leadership Utah gave business leaders an inside look at our community including days based on our local health system as well as education, art and culture, criminal justice and government. The Chamber organized a trip for business leaders to meet with Utah’s federal delegation in Washington, D.C. The group discussed issues affecting Utah businesses including federal health reform efforts and cap and trade legislation. Chris Redgrave, immediate past chair of the Salt Lake Chamber and only the second female chair of the Chamber Board of Governors, received the 2009 Athena award at the Women & Business Conference. Accomplishments Small Business The Chamber honored two Awards were businessmen as Giants In Our City, presented to Roger Boyer of The Boyer Company four companies and Ellis Ivory of Ivory Homes. including Small Business of the Year, the Mandarin. In October, the Chamber led a group of 134 business leaders on a ten-day tour of China. Nearly ten percent of Utah exports go to China, totaling nearly $1.4 billion.
  6. 6. The Downtown Farmers Market was ranked among the top three in the nation and expanded to include the Harvest Market, offering fresh, locally grown produce Tuesday evenings. The Downtown Alliance painted the town red to enhance Salt Lake City’s image as Home of the Utes. First Night evolved into EVE, a three-day festival at multiple venues downtown. In its first year EVE drew big crowds and solidified downtown Salt Lake City as the place to ring in the New Year. S t r at e g i c P a r t n e r s Hosted over 200 ambassadors and consuls general connecting Utah businesses with profitable global markets . WTCU assisted over 1,000 local businesses sell their products in foreign countries. WTC Utah facilitated agreements between the Salt Lake Chamber and both the London Chamber of Commerce and Industry and the Tokyo Chamber of Commerce and Industry.
  7. 7. Circle Level CHAIRMAN Members Holme Roberts & Owen, LLP Lifetime Products International Brotherhood of Electrical American Express Humana Inc. Macy’s Workers-Local Union 354 Church of Jesus Christ of Latter-day KeyBank of Utah Microsoft Corporation Jacobsen Construction Company, Inc. Saints, The Little America Hotel and Towers Million Air Jones Waldo Holbrook & Deseret Management Corporation Marriott Hotels Nordstrom, Inc. McDonough, P.C. Intermountain Healthcare MediaOne Nu Skin Enterprises, Inc. KSL Broadcast Group Questar Corporation Merit Medical Systems, Inc. Schiff Nutrition International KSL-TV Questar Gas Company Modern Display Service, Inc. Smith’s Food & Drug Stores, Inc. KUTV / CBS Rocky Mountain Power Monavie South Jordan City Redevelopment L-3 Communications Salt Lake County Mountain America Credit Agency Layton Companies, The Wells Fargo Union Corporate Southwest Airlines Logistic Specialties Inc. Shipley Zions Bank Move Networks Sprint / Nextel Associates Nicholas & Company, Inc. Stacy and Witbeck, Inc. Maverik, Inc. PRESIDENTIAL O.C. Tanner Company Swire Coca-Cola, USA McCarthy Building Companies, Inc. Bonneville International Corporation Okland Construction Company, Inc. US Bank Miller Motorsports Park Boyer Company, The Onyx Construction Wadsworth Construction, Ralph L. Molina Healthcare of Utah, Inc. Chase Parr Brown Gee & Loveless Western Hay Company Inc. Montego Bay City of Salt Lake Parsons Behle & Latimer Morris Murdock Travel, LLC EnergySolutions Pepsi Bottling Group, The BRONZE MPRI, an L-3 Communications Ivory Homes RC Willey Home Furnishings AAA Utah Company UPS Reagan Outdoor Advertising ABM Janitorial Services MRW Design & Associates, Inc. Utah Jazz REAL Salt Lake / Rio Tinto Stadium Airport Hilton National Benefit Alliance Utah Transit Authority Residence Inn at the Cottonwoods Altaview Concrete Neways International America First Credit Union Residence Inn by Marriott- City Center Amer Sports Corporation Noah’s APX Alarm Residence Inn by Marriott-Airport Aspen Press Northrop Grumman Elctro Systems Fidelity Investments Richter7 Blue Healthcare Bank Novatek Kennecott Utah Companies Salt Lake City Marriott - City Center Boeing Olive Garden Qwest Communications Salt Lake City Marriott - Downtown Bonneville Radio Group / KSL PEG Development, LLC Regence BlueCross BlueShield of Utah Salt Lake City Marriott - University Park Newsradio 1160 AM/ KSFI FM 100 Petersen Medical Sinclair Oil Corporation Salt Lake Tribune, The Callister, Nebeker & McCullough Phoenix Technologies, LLC UBS Bank USA Sam’s Club Cardon Healthcare Network, Inc. Prescott Muir Architects Workers Compensation Fund SelectHealth Ceramatec Inc. Professional Hospital Supply, Inc. Simmons Media Group- CIGNA Healthcare Prosper Inc. GOLD KZN, KXRK, KJQ, KEGA Clearlink Technologies LLC PSI Airport Marriott Fairfield Inn & Suites Staker & Parson Companies / Jack B. Clyde, Snow & Sessions, P.C. R. Jorgenson Company Ames Construction Parson Companies Coherex Medical Inc. Radisson Hotel Salt Lake City ARUP Laboratories Stoel Rives LLP CR England, Inc. Downtown Avalon Health Care, Inc. Sysco Intermountain, Inc. Cream O’Weber Dairy, Inc. RANLife, Inc. Buckner Company, The Tanner LC Crexendo (Formerly iMergent) Ray Quinney & Nebeker Cache Valley Electric Company ThomasArts Deseret Book Company Richards Brandt Miller Nelson Cafe Rio Union Pacific Railroad Deseret Mutual Salt Lake Regional Medical Center CB Richard Ellis University of Utah Diamond Lil’s Sanmina - SCI Corp. Check City University of Utah Hospitals and Clinics DigiCert, Inc. Sheraton Salt Lake City Hotel Clyde Companies, Inc. USANA Health Sciences, Inc. Dun & Bradstreet, Inc. SME Steel Industries Comcast Cable Communications Utah State University Dunn Associates, Inc. Snell & Wilmer LLP Courtyard by Marriott Verizon Wireless FlexPak Sorenson Companies, The Courtyard by Marriott-Airport Vicki Varela Strategic Franklin Covey Company Spillman Technologies, Inc. Cowboy Partners Communictions, Inc. Fusion - io Stampin’ Up! Dale Barton Agency Wadman Corporation Fusion Imaging Stericycle, Inc. DataMark Wadsworth Brothers Construction Futura Industries Stewart Title Guaranty Company Dave Strong / Porsche Wal-Mart Stores Inc. Garbett Homes Strong & Hanni David Eccles School of Business Waste Management of Utah Gastronomy, Inc. Sunstate Equipment Co. Delta Air Lines Gold Cross Services, Inc. Thanksgiving Point Deseret Morning News SILVER Gold’s Gym Executive Corporate Office TruBlu Logistics Deseret Power Associated Food Stores, Inc. Harmon’s United Way of Salt Lake Durham Jones & Pinegar, P.C. at&t Harper Companies Varian Medical Systems Inc. - eBay, Inc. Big-D Construction Corp. Health Equity X-Ray Products Focus Services Inc. Carr Printing HealthCare Insight Visible Marketing and Queen of Wraps Gardner Company, The Cephalon Inc. HeritageWest Credit Union Waterford School, The GE Healthcare Surgery Chevron Products Company Hilton Salt Lake City Center Weber State University Goldman Sachs Bank USA Cicero Group HK Systems, Inc. Weir Specialty Pumps GPS Corporate Foreign Exchange Equitable Life & Casualty HNTB Corporation West Valley City Grand America Hotel, The Insurance Company Holcim US Inc. Wheeler Machinery Co. Granite Construction Company Infinite Scale Design Group Howrey LLP Grant Thornton LLP Intel Corporation Hughes General Contractors, Inc. HCA-Mountainstar Kiewit IM Flash Technologies, LLC Holland & Hart, LLP LDS Hospital Integrated Title Insurance Services, LLC
  8. 8. SAlt lAke ChAMBeR StRAteGIC pARtneRS exeCutIve StAff Michelle Higham, Office Manager & IT Coordinator DoWntoWn AllIAnCe Lane Beattie, President & Chief Executive Officer Sally Jones, Administrative & Human Jason Mathis, Executive Director Dan Brimhall, Chief Financial Officer Resources Manager Kristin Beck, Program Manager Christina DeVore, Executive Assistant Bonnie Larson, Information Specialist Kim Angeli-Selin, Director of Special Events Natalie Gochnour, Chief Operating Officer Carole MacLeod, Business Development Specialist Danica Farley, Manager of Public Relations & Jason Mathis, Executive Director, Downtown Alliance Jared Morgan, Business Development Specialist Communications Robin Riggs, General Counsel Dave Roberts, Vice President of Business Andrew Wallace, Director of Marketing & Development Development ChAMBeR StAff Daniel Seelos, Business Development Specialist Carla Wiese, Director of Economic Development Anna Badger, Programs & Events Coordinator Jackie Sexton, Vice President of Programs Camille Winnie, Director of Community Development Josh Brown, Business Development Coordinator & Events Marty Carpenter, Director of Communication & WoRlD tRADe CenteR utAh Wesley Smith, Director of Public Policy Marketing Lew Cramer, President & Chief Executive Officer TJ Wight, Business Development Specialist Ryan Evans, Vice President of Business & Elizabeth Goryunova, Executive Vice President & Community Relations WoMen’S BuSIneSS CenteR StAff Chief Operating Officer Arlene Goates, Program & Events Coordinator Lavanya Mahate, Program Director Sheila Steiner, Director of Special Projects Elizabeth Goryunova, Director of Heather Fountaine, Training Specialist International Relations Pam Okumura, Business Consultant SAlt lAke ChAMBeR 2009-2010 BoARD of GoveRnoRS exeCutIve CoMMIttee Mr. Keith Buswell, Wadman Corporation Sen. Dan Liljenquist, Focus Services Inc. Mr. Jake Boyer, The Boyer Company, Chairman Mr. Sam Clark, Dale Barton Agency Mr. Daniel Lofgren, Cowboy Partners Mr. Lane Beattie, Salt Lake Chamber Mr. Wilford Clyde, Clyde Companies, Inc. Mr. Brent Low, MediaOne Mr. Bruce Bingham, Hamilton Partners, Inc. Mayor Peter M. Corroon, Salt Lake County Mr. Tom Lund, Tanner LC Mr. Mark Bouchard, CB Richard Ellis Mr. Lew Cramer, World Trade Center Utah Mr. Steve Lundgren, Marriott Hotels Mr. Spencer P. Eccles, Governor’s Office of Mr. John Dahlstrom, Wasatch Commercial Mr. Al Manbeian, GPS Corporate Foreign Exchange Economic Development Management Mr. Bill Manning, REAL Salt Lake / Rio Tinto Stadium Mr. Jerry Fenn, Qwest Communications Mr. Michael Dale, New Media Strategists Councilman JT Martin, Salt Lake City Council Mr. Kent Gibson, Zions Securities Corp. Mr. Bob Dalley, Deseret Power Pres. Ann Millner, Weber State University Mr. David Golden, Wells Fargo Mr. Raymond J. Dardano, UBS Bank USA Mr. Mike Moffit, Gold Cross Services, Inc. Mr. Dennis Haslam, D.H. Consulting & Ms. Susan Davis, Head Shaker/Questar Mr. William Moreton, Fred A. Moreton & Company Investments LLC Gas Company Mr. Richard R. Nelson, Utah Technology Council Ms. Carol Hunter, Rocky Mountain Power Mr. Ingolf de Jong, General Communications, Inc. Mr. Sterling W. Nielsen, Mountain America Mr. Clark D. Ivory, Ivory Homes Mr. Alex Dunn, APX Alarm Credit Union Corporate Ms. Diana Kirk, Zions Bank Mr. Jeff Edwards, Economic Development Mr. Robert Nilsen, Cafe Rio Ms. Andrea Moss, American Express Corporation of Utah Mr. Ray Pickup, WCF Mr. Brett Okland, Okland Construction Company, Inc. Mr. John Edwards, Move Networks Mr. Kevin R. Pinegar, Durham Jones & Pinegar, P.C. Mr. Scott W. Parson , Staker & Parson Companies / Mr. Clinton W. Ensign, Sinclair Oil Corporation Mr. Gary B. Porter, The Church of Jesus Christ of Jack B. Parson Companies Mr. David Entwistle, University of Utah Latter-day Saints, Mr. Vasilios Priskos, InterNet Properties, Inc. Hospitals and Clinics Dr. Taylor Randal, David Eccles School of Business Mr. Keith O. Rattie, Questar Corporation Mr. Raymond J. Etcheverry, Parsons Behle & Latimer Mr. John R.E. Redd, Edward Jones Ms. Chris Redgrave, Utah Economy Can-Do Coalition Mr. Chris Gamvroulas, Ivory Homes Mr. Randy Rigby, Utah Jazz Mr. Kelly Sanders, Kennecott Utah Copper Mr. Christian Gardner, The Gardner Company Mr. Clint Sanderson, iMergent Corporation Ms. Lisa Gough, Sysco Intermountain Mr. Don Schulthies, Wal-Mart Stores Inc. Ms. Vicki Varela, Vicki Varela Strategic Mr. Tom Guinney, Gastronomy, Inc. Mr. Randy Shumway, Cicero Group Communications, Inc. Mr. Bill Haberstock, Million Air Ms. Jill Taylor, KeyBank of Utah Mr. Albert R. Zimmerli, Intermountain Healthcare Mr. Jonathan Hafen, Parr Brown Gee & Loveless Mr. Paul Torres, Manuel’s Fine Foods Mr. John Hanshaw, HCA-Mountainstar Mr. Steven E. Tyler, Holland & Hart, L.L.P. BoARD MeMBeRS Mr. Dan Harbeke, Union Pacific Railroad Mr. Paul Van Slooten, The Pepsi Bottling Group Mr. Don Adams, Bear River Mutual Mr. Eric Hauenstein, Citadel Broadcasting Company Mr. Glen Watkins, Jones Waldo Holbrook Mr. John Adams, Ray Quinney & Nebeker Mr. Gordy Haycock, Grant Thornton LLP & McDonough, P.C. Pres. Stan Albrecht, Utah State University Pres. Matthew S. Holland, Utah Valley University Mr. Grant Whitaker, Utah Housing Corporation Mr. Carlos Alegre, Granite Construction Company Mr. Tom N. Hori, Redcon, Inc. Mr. W. Don Whyte, Kennecott Utah Companies Mr. Jeff Alexander, Alexander’s Print Advantage Mr. Kirk Huffaker, Utah Heritage Foundation Mr. Nathan Wickizer, Cache Valley Ms. Lisa Arnett, Prescott Muir Architects Mr. Scott Hymas, RC Willey Home Furnishings Electric Company Ms. Deborah Bayle, United Way of Salt Lake Mr. D. Scott Ideson, Regence BlueCross Ms. Jody L. Williams, Holme Roberts & Owen, L.L.P. Mr. Scott Beck, Salt Lake Convention & BlueShield of Utah Superintendent McKell Withers, Salt Lake Visitors Bureau Mr. John M. Inglish, Utah Transit Authority City School District Mayor Ralph Becker, City of Salt Lake Mr. David Jensen, Innovision Property Group Ms. Andrea P. Wolcott, Community Advocate Ms. Janet Bingham, Huntsman Cancer Foundation Mr. Jonathan Johnson, Overstock.com Mr. Todd Wolfenbarger, The Summit Group Pres. Cynthia Bioteau, Salt Lake Community College Senator Pat Jones, Dan Jones & Associates Mr. Rick Woodbury, Woodbury Corporation Mr. Terry H. Buckner, The Buckner Company Mr. John S. Kirkham, Stoel Rives LLP Ms. Anne-Marie Wright, Merit Medical Systems, Inc. Mr. Lonnie Bullard, Jacobsen Construction Mr. Joel Kolb, UPS Pres. Michael K. Young, University of Utah Company, Inc. Ms. Debbie Kotter Barkley, Nordstrom, Inc. Bishop H. David Burton, The Church of Jesus Ms. Peggy Lander, Richter7 Christ of Latter-day Saints Mr. Charlie Lansche, Fidelity Investments FOLLOw uS ONLINE: slchamber.com facebook.com/ twitter.com/ slchamber.com/blog saltlakechamber saltlakechamber youtube.com/ linkedin.com/ flickr.com/ 175 E. University Blvd. (400 S.) #600 saltlakechamber saltlakechamber saltlakechamber Salt Lake City, Utah 84111 801.364.3631 slchamber.com