Issue link: http://visitithaca.uberflip.com/i/934704
Financials Foundation Cayuga Waterfront Trail The Chamber Foundation continues to lead efforts to maintain, enhance and promote the Waterfront Trail with a team of partners including the City of Ithaca, Tompkins County, Cornell University work-study interns, Adopt-A-Trail partners, and volunteers. A major highlight of fundraising and installation of the "Competitive Rowing in Ithaca" interpretive panel at the Crew Cove Overlook, depicting Ithaca's unique rowing history. Leadership Tompkins This great collaboration between the Chamber Foundation and TC3 yielded another graduating class of 21 in June. Highlights of the program included organizing this year's Giving is Gorges Day of Giving, Escaping the Escape Room, participating in a Poverty Simulation, played Government Jeopardy, creating an Identity Wheel to help learn strategies for enhanced diversity and inclusion, and touring the IPD SWAT command center as well as hearing leadership advice from young Officer Colin. Beautification, Signage, and Public Art Progress In 2017, the Beautification, Signage and Public Art Program made over $140,000 of direct investments, and leveraged over $180,000 in non-profit, public and private investment resulting in a more inspiring, beautiful, well- cared for, visitor-ready community. This collaborative room tax funded tourism program and its dozens of volunteers are responsible annually for hundreds of flower plantings and gardens county-wide, rural community beautification, the ambassador and visitor hospitality services on the Commons, installing new pieces of public art, and providing necessary support to keep moving the wayfinding signage project forward. 13 Photo Credits: Allison Usavage: Photos on pages 3,4,6,7,9,10,12 and cover Sheryl Sinkow: Staff photos on page 1, 3, and cover Chris Kitchen: Movies in the Park photo on page 5 Ron Heerkens Jr // GFMedia Entertainment, & Michael Lesher: Gorges Ithaca Half Marathon Photo on page 6 and Ithaca Falls 2017 Balance Sheet Assets: Current Assets Current Restricted Assets Land Building Building Improvements Furnishings & Equipment Less Accumulated Depreciation Total Assets: Liabilities & Member Equity: Current Liabilities Current Restricted Liabilities Long-Term Liabilities Deferred Income Members Equity & Operating Surplus Total Liabilities & Members Equity: $160,448 $25,306 $242,073 $613,119 $620,730 $97,683 ($623,822) $1,135,539 $29,211 - $409,667 $59,814 $636,847 $1,135,539 2017 Statement of Activities Income: Membership Investment Other Chamber Income Convention & Visitors Bureau Total Income: Expenses: Chamber Operations Convention & Visitors Bureau Total Expenses: Operating Loss/Surplus: $291,164 $495,760 $1,215,378 $2,002,302 $806,604 $1,196,634 $2,003,238 ($936) 2017 Chamber Foundation Balance Sheet: Assets Liabilities Equity Statement of Activities: Income Expenses Operating Surplus/Loss: $89,146 $13,142 $76,004 $84,081 $76,064 $8,017