Message from the Board Chair
In 2016, as in past years, TCAD worked tirelessly to fulfill the mission of the organization, dedicating itself to “building a thriving and sustainable economy that improves the quality of life in Tompkins County by fostering the growth of business and employment.”
TCAD’s Annual Report highlights TCAD’s 2016 accomplishments achieved, and initiatives undertaken, to support this mission. During this past year, TCAD played a key role in 12 projects, the creation of 98 jobs, and $66.9 million in new investment. Several large projects in downtown Ithaca completed construction in 2016, while others began construction and should be completed in 2017. Still other projects are in the planning stages with work expected to begin in 2017.
All of the work TCAD does to promote business growth and job creation in Tompkins County is possible because of the support of our investors, local government, and key partners and stakeholders. Our balanced revenue model allows us to devote valuable staff resources to fulfilling our mission. TCAD’s most recent investment campaign, launched in 2014, established ambitious economic development goals. TCAD is well on the way to meeting or exceeding those goals.
Transform Tompkins Investment Campaign Commitment over five years:
New Payroll New Capital Investment New Jobs
$45 million $450 million 750
Results after three years:
New Payroll New Capital Investment New Jobs
$35 million $523 million 555
The quality of TCAD’s work is a testament to the Board of Directors and staff. The TCAD Board of Directors includes representatives from all key sectors of the economy whose experience, insight, and knowledge enhance the services TCAD offers. TCAD’s accomplished, skilled, and well-respected staff is dedicated to providing information, guidance, and encouragement to new and existing businesses as they work to attain their goals, as well as to improving the quality of life for everyone in Tompkins County.
I want to thank and recognize the committed staff and Board of Directors of TCAD, as well as the many individuals who volunteer their time to advance the mission of TCAD. None of the 2016 accomplishments highlighted in this annual report would have been possible without them.
John began his tenure as Vice President of Finance/ CFO of Cayuga Medical Center in 1997 and was promoted to Senior Vice President/CFO in 2002. In 2013, he became the President and CFO of the Cayuga Medical Center.
Mr. Hartz has been the President and Chief Executive Officer of Tompkins Trust Company, and Executive Vice President of Tompkins Financial Corporation since January 01, 2007. Prior to his current role, he was a Senior Vice President of Tompkins Trust Company, with responsibility for Tompkins Investment Services since 2002. Mr. Hartz has been a Director of Tompkins Trust Company since January 1, 2007. Mr. Hartz is a native of Ithaca having graduated from Ithaca High School and Cornell University. In addition to serving on the board of TCAD he serves on the boards of Cayuga Medical Center and Cayuga Health System, and The Legacy Foundation.
Larry founded the original organization that became The Computing Center in 1978. Today, Larry spends much of his time looking at the overall strategic direction of the company. He is very interested in how technology can be better integrated and leveraged into companies and organizations to make them more efficient and ultimately better managed.
Jeff joined Sciarabba Walker in 1992 and has been a partner since 2001. He is head of the Firm’s Consulting Department and also serves as a leader of the Firm’s Financial Institution practice area. His major emphasis is on small business consulting, taxation and financial institutions. Over the years, he has assisted clients in strategic planning, mergers and acquisitions, business valuations, financing and new business startup.
Mayor Myrick became the City of Ithaca’s youngest Mayor in January 2012. In 2014, he closed the $3.5 million budget deficit he inherited; Ithaca’s fiscal stress score is now better than 95% of all other NY municipalities.
Mary describes her mission at Cornell as a commitment to promoting a values-driven culture that focuses on streamlined processes so that the university is socially, economically and environmentally responsive. Cornell employs approximately twenty thousand staff and faculty on campuses in Ithaca, Geneva, New York City and Qatar.
She has overseen the development of Cornell’s innovative Center for Regional Economic Advancement, and collaborated with Ithaca College and Tompkins Cortland Community College to found Rev: Ithaca Startup Works, a New York State-funded business incubator in downtown Ithaca.
Mary is an active supporter of her community and has served on numerous boards of local and national organizations. She is currently serving on the boards of Kendal at Ithaca, Planned Parenthood of the Southern Finger Lakes, Tompkins County Area Development, the Southern Tier Regional Economic Development Council, the Legacy Foundation of Tompkins County, the Paleontological Research Institution, and Ithaca College. She is also a member of the Governing Body for the New York HR Leadership Summit.
Julie leads Ursa’s growing data platform development team. She has 30+ years of experience in the software industry. Previously, as a COO, she led advanced R&D and product development in computer security and information management. Julie has an MSCS from Stanford.
For the past sixteen years, James has served as United Way of Tompkins County’s CEO. Prior to this, he was president of the United Way in Colorado Springs, CO. James has also held leadership positions with local United Ways in Houston, TX, and St. Louis, MO. During his tenure at UWTC, James has been involved with a number of local organizations including board service with the Cayuga Medical Center and Tompkins Cortland Community College. James is a member of the Rotary Club of Ithaca Board and is a past President of the Rotary Club of Ithaca.
Dr. Brown is an active member of many professional and civi organizations including: Association of Supervision and Curriculum Development, International Society for Technology in Education, Phi Delta Kappa International, American Association of School Administrators, NYS Council of School Superintendents, Kappa Alpha Psi Fraternity Inc. and 100 Black Men of America.
Greg Galvin has been at the forefront of multi-disciplinary technology commercialization for more than 20 tears. In 1993, he founded Kionix to commercialize MEMS technology platform. In 2009 he successfully sold Kionix to Rohm Co., Ltd. Greg also spun out Rheonix to capitalize on non-MEMS based micro-fluidic opportunities in the molecular diagnostic industry.
Communique is a women owned enterprise that specializes in professional marketing and advertising, serving over 50 small to medium sized not for profit and for profit businesses on the East Coast. She is an active volunteer in Tompkins County and has accepted several leadership positions with many organizations for the continued health and vitality of Ithaca’s quality of life and economic sustainability.
Joel M. Malina serves as Vice President for University Relations, coordinating Cornell’s internal and external communications functions as well as the university’s relationships with federal, state, and local policy makers and stakeholders. In coordinating University Communications, Malina supervises a large staff working in four critical areas: Public Affairs, News, Internal Communications, and Marketing. He also works closely with the deans and the communications directors of Cornell’s 14 colleges and schools. Malina’s primary responsibilities in this arena include leading the development and implementation of a university-wide communications strategy and serving as Cornell’s principal spokesperson. As head of Government and Community Relations, Malina directs the university’s public policy efforts and coordinates its involvement with government-focused higher education associations. Malina came to Cornell from Washington, DC, where he served as CEO and general manager of Wexler | Walker, one of the nation’s top public policy consulting firms.
Joe has served as the County Administrator of Tompkins County since 2008. In his role, he is charged with managing a $165 million budget and 710 person workforce engaged in a broad range of services.
Julia has been in workforce development for over 25 years and has been the Executive Director since 2005. Her areas of expertise includes: workforce planning, labor market information, retention and attraction strategies, training and development, grants management and business assistance.
President Montague has nearly two decades of experience in higher education leadership. Most recently she served as Vice President of Student Affairs and Chief Diversity Officer at Normandale Community College in Bloomington, MN and prior to that she served as Dean of Students at Normandale.
Before joining Normandale in 2010, Montague spent eleven years at the University of Missouri-St. Louis, starting as Student Service Coordinator and moving up to Director of Student Life, Assistant Vice Provost and eventually Associate Vice Provost and Dean of Students.
Martha Robertson has been on the Legislature since 2002 and in 2017 she chairs the Planning, Development, and Environmental Quality Committee. She served as Chair of the Legislature and Chair of the Tompkins County Industrial Development Agency from 2010 – 2013. Martha is Chair of the Program Oversight Committee of the Community Housing Development Fund, a partnership among Tompkins County, the City of Ithaca and Cornell University, to respond to the affordable housing needs of the county’s residents. Before joining the Tompkins County Legislature, Martha was Director of the President’s Council of Cornell Women, in Alumni Affairs at Cornell University.
Tom Schryver is an experienced entrepreneur having served as a startup founder and senior executive of high-growth companies. Tom has successfully structured new companies and raised capital in the form of private venture capital and venture debt as well as grants and loans from local, state and federal agencies. He has managed accounting and compliance functions from initial startup through successful financial audits by national accounting firms, and helped guide company strategy, growth and development. Previously, he was Director of Finance for the Triad Foundation, where he was responsible for overseeing all financial operations of the Foundation, including accounting, audit, and investing the Foundation’s $250mm portfolio. In that role he started hedge fund and private equity programs and led the Foundation to top-quartile investment returns.
In Steve’s capacity, he oversees Morse TEC’s North America plants including three locations in Central New York and the Guadalajara, Mexico plant. In addition, he leads the Global Manufacturing Technology Group for Morse TEC, which includes an advanced manufacturing function that supports the global enterprise relative to process technology, knowledge transfer and localization activities.
Jennifer has been at CVF for over a decade and currently directly oversees the funds’ investments in GiveGab, Intrinsiq Materials, True Gault and VenueBook as well as representing CVF as an observer on the boards of BinOptics and Callient.
Jeremy is responsible for directing real estate development activities for Cornell, which includes strategic planning, oversight of acquisition, sale and leasing of all of Cornell’s real property assets. In his position he also oversees management, construction and financing of nonacademic real estate. He manages an annual $30 million portfolio of transactions, acquisitions, dispositions, real estate gifts, leases, licenses, easements and construction projects.
Dr. Trautmann served as Executive Director of the Sciencenter, an educational science museum located in Ithaca, NY from 1990-2017. He focused on empowering young people to use science in shaping a better future for themselves, their community, and the world at large.
He has a long-standing interest in teaching and community service and is a regular contributor to conferences on informal science education. He has published more than 100 articles and reports on education, museum management, and engineering and has been awarded two Alexander von Humboldt Fellowships to pursue research on education and engineering in Germany. Under his leadership, the Sciencenter has won three international Roy L. Shafer Leading Edge Awards for Innovative Business Practice at museums.
Dr. Trautmann is also an Adjunct Professor of Civil & Environmental Engineering at Cornell University and currently serves on the board of directors of the Association of Children’s Museums (Washington, DC), Tompkins County Area Development, and the Discovery Trail of Tompkins County. He is past president of the Ithaca Montessori School.
Dr. Trautmann is married to Nancy Trautmann, Director of Education at the Cornell Lab of Ornithology. He has two children: Nina, an environmental scientist in Ithaca, NY and Eric, a graduate student in neuroscience at Stanford.
Frost Travis is the President of Travis Hyde Properties which owns and operates 19 buildings; 18 of which are in Ithaca: Gateway Center, Gateway Commons, Center Ithaca, the Clinton House, the Carey Building, Cayuga Professional Center, Cayuga Apartments, 407 College Avenue, Fall Haven, Lakeland, Lake Street Apartments, Ravenwood and the Eddygate as well as several other assets. Covering approximately 900,000 square feet, these properties are a mix of residential, office, storage, retail and industrial facilities. In addition to owning and operating these buildings, Frost places great emphasis on cutting energy consumption and emissions across the company’s property portfolio.
After many years of growing up with and working at Ithaca Rentals & Renovations, in 2010 Frost took over the locally-owned, family company his father began over 33 years prior – which he renamed Travis Hyde Properties to reflect its new ownership.
Janet exercises executive and administrative direction over the Ithaca College’s fiscal resources, information technology programs, physical facilities, auxiliary services and financial services. She serves as the Treasurer and Chief Financial Officer and provides administrative guidance and leadership. She also serves as a member of the President’s Council and as liaison to appropriate committees of the College’s Board of Trustees (i.e. Finance, Audit, Investment, and Building & Grounds committees).
Janet has held management roles in corporations as an Auditor, Project Manager, Business Operations Senior Manager and Controller. She brings over 25+ years of finance, accounting and operations management experiences.
Janet is a member of Tompkins County Area Development, Cosmopolitan Women’s Scholarship Club and chair of the Friendship Baptist Church Foreign Mission Ministry. She is past chair of the Economic Opportunity Program – Community Action Agency and served as Treasurer on the board of the Children’s Home of Wyoming Conference. Janet is also a member of the NYS Society of CPAs professional organization.
Gary Woloszyn has worked for Wegmans for 37 years. He came to Ithaca in 1993 with his wife Sharon and children to accept the job as Store Manager of the Ithaca Wegmans. Since then, he has volunteered and provided leadership to many area organizations including the United Way of Tompkins County, Tompkins County Public Library, Food Donation Network, The Sciencenter, Hangar Theatre, Paleontogical Research Institution’s Museum of the Earth, Family Reading Partnership, and the Ithaca Festival. Being an active and involved citizen is a core component of Wegmans philosophy. At a special ceremony held in his honor, Gary was named the 2007 Agda Osborn Award recipient for outstanding community service and volunteerism.
Gene Yarussi served as President and CEO of Emerson Power Transmission
(EPT) between 1989 and 2006 capping a 42-year career. Under his leadership, EPT made several U.S. and foreign acquisitions and positioned the company to operate as one cohesive organization. Since retirement, Gene has consulted with several local start up ventures and has extensive public service. He has served, is currently serving, or consulted with: The Sciencenter, TC-3 Foundation, Racker Centers, Family and Children’s Service, Challenge, Love Living at Home, Congregational Church, and Tompkins Public Library.