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 PayrollNew Capital InvestmentNew Jobs
$45 million $450 million 750
Results after three years:
New PayrollNew Capital InvestmentNew 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 B. Rudd, Board Chair
President & CEO, Cayuga Medical Center, President & CEO, Cayuga Health System
John Rudd became President and CEO of Cayuga Medical Center in January 2013, and President and CEO of Cayuga Health System in 2014.
Prior to that, he served as Senior Vice President and Chief Operating Officer at Cayuga Medical Center from 2002-2012. From 1996 through 2002, he served as the Vice President of Finance and Chief Financial Officer.
John continues to be active on numerous health care organization committees, which include: Vizient/VHA, Healthcare Association of New York State (HANYS), and Iroquois Health, as well as a number of community board leadership positions that include: CNY AHEC, HWNY, Tompkins County Area Development, The Racker Centers, OAR, Kendall at Ithaca, The Reconstruction Home/Beachtree Care Center, Tompkins County Chamber of Commerce, Challenge Industries, and United Way. In 2017, John was selected to Co-Chair the United Way Campaign.
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 leader of the firm’s High-Technology and Emerging Businesses specialty 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 startups.
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 product development team. She has 30 years’ experience in the software industry, including 15 years in various software engineering roles and 15 years in technical management. Prior to co-founding Ursa Space Systems, she was VP of Cyber Technology at Architecture Technology Corporation where she provided technical leadership and management of the company’s research and development in the areas of cyber security, information management and reliable computing. Julie holds a Master of Science in Computer Science from Stanford University and a Bachelor of Music from the University of Texas at Austin.
For the past nineteen 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 current board service with the Cayuga Medical Center and Cayuga Health System, the Legacy Foundation, and Tompkins Charitable Gift Fund. James is a member of the Rotary Club of Ithaca and has served twice as president of the Club.
Dr. Brown has served as Superintendent of the Ithaca City School District (ICSD) since January 2011. He was named the 2017 New York State Superintendent of the Year by the New York State Council of School Superintendents (NYSCOSS). Prior to arriving in Ithaca, Dr. Brown had experiences as a teacher, assistant principal, principal, school CIO, and district-level leader in Virginia.
Dr. Brown is an active member of many professional and civic 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.
Dr. Galvin is Chairman and CEO of Rheonix, Inc., a microfluidic-based, fully automated, molecular diagnostic systems company. He is also interim CEO of Mezmeriz, Inc., an early stage MEMS device company, and Executive Chairman of Incodema3D, a metals additive manufacturing provider. Until 2013 Dr. Galvin was the President and CEO of Kionix, Inc., a MEMS company he co-founded in 1993. He currently serves on the boards of Rheonix and Mezmeriz.
Dr. Galvin was a member of the Cornell University Board of Trustees from 2011 until 2015. He currently serves on the Advisory Council of Cornell’s College of Engineering, the Advisory Council of Entrepreneurship at Cornell, and the Advisory Council of the Cornell Department of Materials Science. Dr. Galvin is a trustee of the Ithaca Sciencenter and a director of Tompkins County Area Development. In 2010 he was a regional Ernst & Young Entrepreneur of the Year Award winner. Dr. Galvin was honored by Cornell as the 2014 Cornell Entrepreneur of the Year. He has a B.S. in Electrical Engineering from the California Institute of Technology, a M.S. ’82 and a Ph.D. ’84 in Materials Science and an M.B.A. ‘93 from Cornell University.
Jerry Goodenough has been VP of Development for Heorot Power for the last 1.5 years. For five years prior to that he was the Chief Operating Officer for Upstate New York Power Producers. He has also held various roles with the AES company including Plant Manager of the Cayuga Thermal Facility. Jerry started his career working for NYSEG as an engineer and worked for them for over 12 years. He has a B.S. in Physics and an MSEE. Jerry is President of the Dryden Sports Boosters and served on the United Way Board for 9 years, acting as Treasurer for the last two years.
Mike was first elected to the Legislature in 1993 and has been the Chair of the Tompkins County Legislature since 2014. In 2017, Mike is chairing the County Transportation Committee that is taking a hard look at all forms of present and future transportation needs in the County, including highways, air service, mass transit, trails, and electric automobiles. He also chairs the Old Library Committee that has been working to affect a sale of that unused building to a private developer who will replace it with a mixed-use project that will add to the County’s real property tax base.
Mike is the County’s representative to the Tompkins County Council of Governments. Currently the group is studying and taking the lead on potential consolidation of energy purchasing, rural emergency services, the local court system, and police services. Mike has a keen interest in Economic Development to create good paying jobs for County residents. He well understands that the key to keeping Tompkins County’s economy vibrant and holding down real property taxes is to encourage reasonable economic growth. He chaired the Tompkins County Industrial Development Agency for four years where he was a proponent of using targeted tax incentives to foster the development of new jobs in the manufacturing sector that pay a living wage or better. During 2013, Mike also served on the on the Economic Development Committee.
Mike serves as the liaison from the Tompkins County Legislature to the Board of Trustees of the Tompkins Cortland Community College. Mike is also the liaison from the County Legislature to the Tompkins County Public Library’s Board of Trustees that provides programing and library services throughout our County.
Communique is a woman 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 three critical areas: Communications, Media Relations and News, and Marketing. He also works closely with the deans and the communications directors of Cornell’s 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 Federal, State and Community Relations, Malina directs the university’s public policy efforts and coordinates its involvement with government-focused higher education associations. With offices in Washington, DC, in Albany, and on the Ithaca campus, Malina and the Government and Community Relations staff serve as liaisons between Cornell and elected officials, agencies, and other stakeholders at the federal, state, and local levels. Malina also works closely with the director of government and community affairs at Weill Cornell Medical College and the director of external relations at Cornell Tech.
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. Over the course of 21 years at the firm, Malina established himself as one of Washington’s premier strategists and coalition practitioners, managing numerous successful lobbying and communications campaigns on behalf of Fortune 100 companies, non-profits, and trade associations.
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.
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 is the Executive Director of Cornell’s Center for Regional Economic Advancement (CREA) and is a Visiting Lecturer at the Johnson Graduate School of Management. CREA’s programs include Rev: Ithaca Startup Works, the Southern Tier Startup Alliance, and support of Cornell’s regional economic advancement efforts. Tom leads the Upstate NY I-Corps Node, and is the lead instructor for Cornell Engineering’s Commercialization Fellows program. He serves on the teaching team for eLab, Cornell’s student business accelerator, and teaches entrepreneurship and business strategy at Cornell.
He is an experienced entrepreneur having served as a startup founder and senior finance executive of high-growth companies. Previously, he was Director of Finance for the Triad Foundation, where his responsibilities included investing the Foundation’s $250M portfolio to top-quartile returns. His board affiliations include the Cornell Agriculture and Food Technology Park and Tompkins County Area Development, and as board vice-chair of the Business Incubator Association of New York State. Tom co-chairs the Southern Tier Regional Economic Development Council’s Innovation Culture workgroup.
Tom has an AB and MBA from Cornell, where he was a recipient of the MBA program’s Albert J. Fried Fellowship for Leadership and Academic Excellence. He is a Chartered Financial Analyst (CFA).
Steve joined BorgWarner in 1978 and has successively held positions of increasing responsibility in engineering, manufacturing, supply chain, operations, and business development. He is currently responsible for a global organization that supports the Morse manufacturing network which includes advanced manufacturing, manufacturing strategy to include facility planning and development, global quality, and global continuous improvement. He has been active in a number of community based boards including Cayuga Addiction Recovery Services, Tompkins County Chamber of Commerce, Leadership Tompkins Advisory Board, TST BOCES Advisory Council, and United Way.
Jennifer Tavares, CEcD, has been President of the Tompkins County Chamber of Commerce since 2014. Prior to leading the Tompkins County Chamber & Convention & Visitors Bureau, she was the director of economic development for Chenango County and also director of the Potsdam Chamber of Commerce. Jennifer currently sits on the Tompkins County Industrial Development Agency board, Workforce Development Board, Air Services Board, United Way Board, and Tompkins County’s Energy Task Force.
Jennifer Tegan has been a Partner with Ithaca, NY based Cayuga Venture Fund (CVF) for over a decade. Since starting with CVF in 2002, Jennifer has been working with, supporting and financing entrepreneurs in technology-based companies in the areas of communications equipment, social networking, semi-conductors, materials sciences, consumer products and SAAS businesses. She serves on the boards of GiveGab, Intrinsiq Materials, POM Company, Tompkins Trust Company, True Gault and Venuebook. Jennifer is also past President of the Upstate Capital Association of New York Board (UCANY) a membership trade organization whose mission is to increase access to capital for entrepreneurs and companies in Upstate NY. Jennifer has her BA and MS in Geology from Smith College and University of Cincinnati, respectively and her MBA from Cornell University.
Since its inception in 1994, Cayuga Venture Fund and its member investors have invested more than $70 million in technology companies in upstate New York, many of which are based on research performed at Cornell University, and helped to attract approximately $300 million of investor capital to technology start-up companies in what is traditionally considered to be a region underserved by venture capital.
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 helps museums and other non-profit organizations increase their effectiveness through visioning, strategic planning, and improved management. He has published over 100 management articles and has served on dozens of local, national, and international non-profit boards and commissions. He has been awarded three Alexander von Humboldt Fellowships to pursue research on management and engineering in Germany.
Charlie has served on the TCAD board since 1995 and was board chair from 2009-2012. Most recently, he chaired the Energy and Economic Development Task Force, a TCAD initiative charged with envisioning an improved energy future for Tompkins County.
Charlie is Director Emeritus of the Sciencenter, a educational science museum in Ithaca, NY, and adjunct professor of engineering at Cornell University. During his tenure as Director, the Sciencenter won three international Leading Edge Awards for Innovative Business Practice at Museums and grew from a small start-up to a nationally recognized organization serving over one million visitors annually through its exhibitions and programs.
Charlie is married to Nancy Trautmann, Director of Education at the Cornell Lab of Ornithology. He has two children: Nina, an environmental scientist at Cornell, and Eric, a doctoral 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, Community Foundation of Tompkins County, Racker Centers, Family and Children’s Service, Challenge, Love Living at Home, Congregational Church, and Tompkins Public Library.