2 north main, suite 415 Miami, OK 74354 918-542

2 north main, suite 415
Miami, OK 74354
918-542-8405
Fax: 918-542-7751
www.miami-ok.org
****
Table of Contents
Contents
Section
Page
LETTER FROM PRESIDENT
Introduction
Mission Statement
1
2014 Board of Directors
2
MAEDS, Inc. Services
3
2014 Highlights
4
Financing/Loan Programs
5
MAEDS, Inc. Staff
6
Supporters/Contributors
7
2015 Board of Directors
8
2 North Main, Suite 415
Miami, Oklahoma 74354
918-542-8405 Office
800-256-0401 Toll-Free
918-542-7751 Fax
www.miami-ok.org
1
Mission Statement
The mission of the Miami Area Economic Development Service, Inc. (MAEDS, Inc.) is
to assist existing and attract new industry to create expanded employment for the area
Counties, resulting in an improved quality of life.
MAEDS, Inc. Organization
MAEDS, Inc. has a 15 member governing board with eight advisory members. The
Board of Directors volunteer their time, in addition to contributing financial resources to
the organization. The Board of Directors consists of bankers, corporate executives,
manufacturers, retailers, county commissioners, Native American tribal officials and
others. The officers of the Board of Directors make up the five member Executive
Committee: President, President Elect, Past President, Secretary and Treasurer.
MAEDS, Inc. also has a staff that consists of an Executive Director and an
Administrative Assistant.
MAEDS, Inc. is funded from the public and private sectors; financial institutions and
interest income generated from eight in-house revolving loan fund programs. Work is
coordinated with industrial development authorities, the Miami Chamber of Commerce,
Native American Tribes, Miami Main Street and the city and county governments in
Ottawa, Craig and Delaware Counties.
MAEDS, Inc. provides services to other local government agencies and industrial
authorities by providing technical assistance for their programs and locating
tenants/buyers for their properties. MAEDS, Inc. also hosts authority meetings for the
Miami Industrial Development Authority and the Ottawa County Finance Authority.
2
2014 Board of Directors
Art Cousatte
Welch State Bank
Bill Osborn
Osborn Drugs
Chuck Neal
Chas. A Neal & Co.
David Evans
Edmondson & Evans
Dr. Jeff Hale
NEO A & M College
Jim Couch
Bomford, Couch & Wilson
Jordan Cash
Integris
Marcel Walther
Security Bank
Russell Earls
Ottawa County Commissioner
Scott Kreeger
Pizza Hut
2014 Executive Committee
Chief John Froman
President
Pat Jurgensmeyer
President Elect
Greg Smith
Secretary
Jason Blevins
Past President
Loretta Robinson
Treasurer
Advisory Members
Michele Bolton
Chamber of Commerce
Mayor Rudy Schultz
City of Miami
Paul Marquez
Workforce Miami
Dean Kruithof
City of Miami
Tony Cordray
Northeast Tech Center
Staff
Judee Snodderly
Executive Director
Shannon Epperson
Administrative Assistnat
3
MAEDS, Inc. - Services
B
usiness Retention and Expansion - MAEDS, Inc. assists our local
businesses with retention of jobs and expansions. Since its inception MAEDS,
Inc. has assisted 203 existing businesses and 118 new businesses through our
loan programs resulting in the creation of 2,300 additional jobs. We also conduct a
regular visitation program with existing industry and host an annual Business Expo.
E
conomic Development Marketing - MAEDS, Inc. generates prospects through
numerous marketing efforts.
This includes advertising in economic
development publications, direct mail, participating in trade shows of targeted
industries and call trips. MAEDS, Inc. also promotes the area through our
association with the Oklahoma Department of Commerce and the Tulsa Area
Partnership/Northeast Oklahoma Economic Development Association.
F
inancing Programs - MAEDS, Inc. administers eight revolving loan programs.
The loan programs were initially funded at $4.6 million. Currently MAEDS, Inc.
has loaned over $17 million. MAEDS, Inc. has three USDA Intermediary
Relending Programs as well as two EDA Revolving Loan Funds, CDBG, Rural
Development, Micro Loan, and OK-LEAP Loan Funds. A seven member Revolving
Loan Fund Committee formed by MAEDS, Inc. is responsible for review of all loan
applications submitted and monitoring existing loans.
A
dditional Technical Assistance MAEDS, Inc. assists companies in many
ways including providing demographic and statistical information, assisting with
federal and state grant and loan programs and providing information about
permitting, taxes and business incentives.
4
2014 Highlights
The following represents several of the economic achievements in 2014 Direct and
indirect assistance from MAEDS, Inc. has resulted in several expansions. The staff
has assisted many other businesses through a wide variety of technical assistance.
B
usinesses MAEDS, Inc. has
worked with and/or assisted
in 2014:
M
AEDS, Inc. staff serves on
several Boards and
Committees:
•
Miami Warehouse
•
Motive Rail
•
Seneca Veterinary Center
•
Wee One’s Child Care
•
Tracker Marine Group
•
ThermoFisher Scientific
•
Umicore
•
Gallium Compounds
•
Four States Iron & Metal
•
City of Afton
•
Action Graphics & Designs
•
Afton, Mfg., Inc.
•
Osage Door
•
Mars Pet Care
•
Miami Tribe
•
City of Miami
•
Milagro’s Mexican Restaurant
•
Ozark Continental Transportation
•
WIB (Workforce Investment Board)
•
Oklahoma Leather Products
•
•
TAP (Tulsa Area Partnership)
Boat Floaters Industries
•
BNSF Railroad
•
JRPI (Joplin Regional Prosperity
•
ProCom Disaster Restoration
•
HyPro
•
MVP Sports
•
Scepter
•
Napoli’s Italian Restaurant
•
Body Boutique Tanning
•
M&D Lumber, LLC
•
Dance Academy
•
Miami Municipal Airport
Authority
•
MIDA (Miami Industrial Development
Authority)
•
OCFA (Ottawa County Finance
Authority)
•
GEDT (Governor’s Economic
Development Team) Executive
Committee
•
OEDC (Oklahoma Economic
Development Council) Executive
Committee
•
Miami Area Chamber of
Commerce – Government Relations
Committee, Employee Extravaganza
•
NEO A & M College - Strategic
Planning Committee
•
GLMC (Grand Lake Manufacturing
Council)
Initiative)
•
Tulsa’s Future - long-term
economic development plan
spearheaded by regional business
leaders to grow and sustain economic
prosperity
5
Financing/Loan Programs
MAEDS, Inc. has administered 203 in-house
loans to 137 companies since September 1988.
Service Area
(see legend
below)
Loan Program
Funded
Loaned Out
Funds
Available for
Relending
*
OK-LEAP
$100,000
$315,805.00
$1,070.67
**
EDA/RLF
$667,000
$3,207,531.13
$450.403.86
***
EDA/RLF #2
$517,000
$1,835,225.09
$323.274.84
****
USDA/IRP
$2,000,000
$8,290,947.40
$455.808.58
CDBG
$621,347
$2,905,475.14
$231.141.93
****
USDA/IRP #2
$750,000
$567,125.00
$298.845.99
*
MICRO LOAN
$50,000
$25,000.00
$36.293.86
*
RDA/RLF
$98,000
$98,000.00
$50.827.52
$4,803,347.00 $17,245.108.76
$1,847.667.25
*
Total
Service Area for Loan Programs
Ottawa, Craig, Delaware, Adair,
**** Cherokee, Mays & Nowata Counties
*** Ottawa, Craig & Delaware Counties
** Ottawa County
* Miami
6
MAEDS, Inc. - Staff
Judee Snodderly, Executive Director, joined MAEDS, Inc. in July 1987. She has
served as Executive Director since 1998. As the Director, her responsibilities include
development and implementation of an industrial recruitment program that includes
advertising, attending trade shows, call trips and working with prospects. Additional
duties include the implementation of an existing industry program and the overall
management of the economic development office. She is also responsible for
preliminary qualification of loan applicants, structuring loan packages to meet the needs
of the applicant, presentation to the Loan Committee, monitoring existing loans,
obtaining essential documentation and collecting all loans for MAEDS, Inc. She is
certified through the National Development Council as an Economic Development
Finance Professional.
In October 2004, Judee was awarded the Economic Development Professional of the
Year for the state of Oklahoma and the Professional of the Year from the Tulsa Area
Partnership in December 2008. Judee also served as Chair and Vice Chair of the
Oklahoma Economic Development Council and Treasurer of the Governor’s Economic
Development Team.
Shannon Epperson, Administrative Assistant joined MAEDS, Inc. in August 1999.
She has 21 years experience in the secretarial field and 18 years’ experience in finance.
As the Administrative Assistant, she is responsible for preparation of board agendas,
board minutes, bookkeeping records, payroll records, financial statements and research
related to demographics and statistical data. She is also responsible for preparation
and maintenance of loan documents and administers MAEDS web-site. Shannon
assists the Executive Director in promoting the Miami area and working with new
business and industry and the Marketing Committee Chair.
Shannon was voted “Best Secretary” in Ottawa County in 2006. She was instrumental
in obtaining the “Site Ready Certification” through the Oklahoma Department of
Commerce for Progress Industrial Park in February 2009.
7
MAEDS, Inc. would like to express our sincere appreciation to the following supporters.
It is through your support that we are able to continue to
strengthen our programs and services to better serve our community.
The supporters that are in bold print have contributed to MAEDS, Inc. for over 20 years.
Ace Hardware
Advanced Business Solutions
Alex Acupan
Anesthesiology of Miami, Inc.
Arvest Bank
AT&T
Ben Loring
Blitz, USA
Bob Tyson
Booth & Booth Electric Co., Inc.
J-M Farms, Inc.
Joe Weatherford
Kent & Yvonne Ketcher
Kreeger Enterprises
Lakeland Office Systems, Inc.
Larco Enterprises
Mars Pet Care, US
Matt Keim, DDS
Matt Osborn, MD
Miami Animal Hospital
Bryan Swan, MD
Buffalo Run Casino
Miami Chevrolet Buick GMC
Cable ONE, Inc.
Carol Coiner, CPA
Miami Public Schools
Charles W. Chesnut
Chas. A. Neal & Company
Chauncey Witcraft, MD PC
Chisholm Trails
Choice Marketing, LLC
Clark Osborn, MD
Crossland Construction Co., Inc.
Eastern Shawnee Tribe of OK
Eddie Wyant
Edward Jones
Elmwood Properties, LLC
Eye Associates of Miami
First National Bank & Trust Co. Vinita
Goforth Jewelry
Green Country Dental Care
HK Electric, LLC
Integris Health Center
J. Mark Osborn, MD
Jack R. Doney, MD
Miami Laundromat Co.
NEO A&M College Development
Foundation
NEO Concrete & Materials, Inc.
Newell Coach Corporation
Northeast Oklahoma Development
Corporation
Ober & Associates, Inc.
Oklahoma Natural Gas Company
Osborn Drugs, Inc.
Ottawa County Abstract & Title Co.
Ottawa County Tag Agent
Painter Rentals
Patricia Grubb
Paul Marquez
Peoria Tribe of Indians of Ok
Pizza Hut of Miami, Inc.
Praetorian Protective Service, Inc.
PSO Electric Cooperative
Quad States Financial Services, Inc
Quapaw Tribal
RC Sales Ad Specialties
Real Estate Company
REC NE OK Electric Cooperative
Rogers Insurance Company
Ron Sparkman
Rt. 66 Rental
Satterwhite Agency
Scurlock
ServiceMaster Extreme Restoration
Shawnee Tribe
Steve & Barbara Owens
Sunkissed Floral & Greenhouse
Susan Rhodes
The First Bank of Fairland
The Gym
The Stables
ThermoFisher Scientific
Thompson & Thompson
Tint ‘n More
Tote Along, Inc.
U.S. Whip, Inc.
Vance Ford Lincoln Mercury
Walgreens
Walton Family Foundation, Inc.
Welch State Bank
Westco of Oklahoma
Willow Crest Hospital, Inc.
Wyandotte Nation Casino
Bomford, Couch & Wilson
First National Bank & Trust Co. of
Miami
Gayle Edmondson, CPA
Miami Industrial Development
Authority
Security Bank & Trust Co.
Sooner Printing
8
2015 Board of Directors
Art Cousatte
Welch State Bank
Greg Smith
Larco Enterprises
Chuck Neal
Chas. A Neal & Co.
David Evans
Edmondson & Evans
Dr. Jeff Hale
NEO A & M College
Jim Couch
Bomford, Couch & Wilson
Jordan Cash
Integris
Marcel Walther
Security Bank
Russell Earls
Ottawa County Commissioner
Scott Kreeger
Pizza Hut
2015 Executive Committee
Pat Jurgensmeyer
Loretta Robinson
Jason Blevins
President Elect
Secretary
Miami Public Schools
JM Farms
President
Chief John Froman
Peoria Tribe of Oklahoma
Past President
Ace Hardware
Bill Osborn
Osborn Drugs
Treasurer
Advisory Members
Michele Bolton
Chamber of Commerce
Mayor Rudy Schultz
City of Miami
Paul Marquez
Workforce Miami
Dean Kruithof
City of Miami
Tony Cordray
Northeast Tech Center
Staff
Judee Snodderly
Executive Director
Shannon Epperson
Administrative Assistnat
9