annual report - Downtown Cincinnati

Transcription

annual report - Downtown Cincinnati
ANNUA
L REPO
RT
2012
a
OVER
ALL
ACCOMPL
ISHMENT
S 2012
The results of the annual Downtown Perceptions Survey found
that 73% of respondents believe downtown is overall safe,
up 10 percentage points from 2011; 78% believe it is overall
clean (+8%); and 90% have an overall positive impression about
downtown (+10%).
s
ontent
c
1
2
4
Letter to Stakeholders
Safe & Clean
Marketing & Communications
6 Stakeholder Services
8Financials
12 Downtown Property Owners
15
16
b
DCI Members
DCI Board & Staff
In 2013, Downtown Cincinnati is moving forward
with a momentum like never before. We have
proven ourselves on the world stage after
successfully hosting tens of thousands of visitors
during the 2012 World Choir Games, which
has been praised as the most organized and
supported event in the competition’s history.
Downtown continues to attract countless conferences, events,
and businesses to our city, and our selection as host for the
2015 MLB All-Star Game is another testament to the success
of our efforts. The strategic planning and steadfast dedication
committed to rebuilding our Downtown is leaving lasting
impressions. Combine this with the ever-increasing vibrancy of
our Downtown neighborhood and Central Business District, and
it is obvious that more and more people will get to experience
what we have always known—Cincinnati is the place to be. The
City of Cincinnati, DCI, and other civic groups keep this momentum
going, and I am confident that 2013 will be another great year for
Downtown Cincinnati.
Mayor Mark Mallory
Honorary Board Chair
Downtown continues to see growth
in its residential community, with
more than 13,400 now calling
the Central Business District
(CBD) and Over-the-Rhine
home. For the first time,
the Downtown Perceptions
Survey was adapted for use by
downtown residents. Of those
surveyed, 96% had an overall
positive opinion about downtown.
96
%
of residents HAD AN
OVERALL POSITIVE
OPINION ABOUT
DOWNTOWN
Downtown is a destination for
dining and nightlife. Throughout 2012,
45 restaurants and bars opened, from Moerlein Lager House,
CRAVE, Mahogany’s, and Ruth’s Chris Steak House at The Banks
to Igby’s, Local’s Bar & Grill, and Panera Bread in the CBD. The
opening of 21C Museum Hotel and its restaurant, Metropole,
made Cincinnati the second city in the nation, outside of its home
city of Louisville, to boast this award-winning brand.
Downtown was home base for
362 choirs from 64 countries
during the 2012 World Choir
Games, which received
more than one billion media
impressions globally.
s
letter to stakeholder
Dear Friends,
If you look at the marketing materials for most downtown
organizations, they feature words like LIVE-WORK-SHOP-PLAYVISIT. In the case of downtown Cincinnati in 2012, there was
great progress made in ALL of these areas, progress that can be
“multiplied” by the word MORE and “powered” by enthusiastic
supporters who create a vibrant and successful downtown Cincinnati.
ALL x MORE special people = Downtown Cincinnati
Consider the following:
LIVE – 88 new residential units at the Reserve at 4th & Race,
a waiting list for rentals at Current at The Banks, and a virtual
sell-out in the Gateway Quarter. An overall 96% residential
occupancy rate, with more development on the horizon, including
the conversion of the 580 Building to mixed use.
WORK – Kao USA Inc., USB Ascent Group, Jedson Engineering,
and Cadre Computer opened for business in 2012; renewed
commitments from Thompson Hine, Insight Global, and Ekvall
International, Ltd.
SHOP/DINE – A newly renovated Tiffany & Co. with a renewed
commitment to downtown. More than 30 new restaurants,
including Fusian, Mahogany’s at The Banks, Ruth’s Chris Steak
House, and Panera Bread.
PLAY – Great new bars and restaurants such as Moerlein
Lager House, Igby’s, Bakersfield, CRAVE, Local’s Bar & Grill, and
Tin Roof. Beautiful green space at Smale Riverfront Park and
Washington Park.
VISIT – The phenomenal 2012 World Choir Games brought
international guests and attention to Cincinnati. The new 21C
Museum Hotel opened, renovations at The Cincinnatian, Hilton
Netherland Plaza and Hyatt, and more hotels in development.
Downtown is the center of energy, development, and jobs for
our region. From construction at dunnhumbyUSA Centre to the
impressive Horseshoe Casino, to extensive development at
The Banks and in Over-the-Rhine, to the renovation of iconic
buildings such as the 580 Building, the Bartlett Building,
617 Vine, the Federal Reserve, and many more, downtown is
indeed experiencing growth in ALL segments, and MORE of it.
We are pleased that Downtown Cincinnati Inc. (DCI) plays a
key, fundamental role in ensuring a safe, clean, and welcoming
environment without which all of this development could not
occur. As you will see in this Annual Report, not only are the
“hard” measures good, but the perceptions are significantly
improved among all segments of our community.
As his term draws to a close, we want to thank Mayor Mark
Mallory for his vision, leadership and support during his eight
years as mayor. He has been a steadfast supporter and advocate
for downtown and has presided over an era of great progress and
numerous ribbon-cuttings. We are especially pleased and honored
to have Mayor Mallory as the keynote speaker at this year’s
Annual Meeting.
We also thank Cincinnati City Council, Hamilton County
Commissioners, and City and County staff for their hard work
and outstanding partnership. Thank you to 3CDC for its ongoing
contributions to the development of our city center. A special
thanks also to Dan Lincoln and his team at the Cincinnati USA
Convention & Visitors Bureau for their amazing leadership of
the 2012 World Choir Games. Additionally, we are grateful to the
Downtown Cincinnati Improvement District and the DCI board and
members, who provide leadership, guidance and support for our
center city. Finally, and most importantly, we thank the DCI staff
and the DCI Ambassadors for their professionalism, spirit, tireless
work, and passion for our mission.
All of these partners make downtown Cincinnati a unique and
special location where
All good things must come to an
end and as of the 2013 DCI Annual
Meeting, Jill Meyer will be stepping
down as board chair. Jill has served
as board chair for three years and
has guided DCI, and downtown,
through a remarkable period
of growth.
She has helped build partnerships
and collaborations and has led with
an amazing combination of energy
and grace. In a rare example of
commitment, Jill and I have met
almost every Tuesday morning to
discuss the week ahead and issues
at DCI. Jill is one of the most positive,
affirmative people with whom I have
ever worked. She brings wisdom and
perspective to every issue and has
been a central figure in the success
of downtown, and DCI over the past
three years.
We look forward to working with Jill
in her new role as Immediate Past
Chair. I know all of the board, staff,
and membership of DCI join me
in thanking Jill for her outstanding
service and wish her well in every
aspect of her future.
David Ginsburg
ALL x MORE special people = Downtown Cincinnati
David Ginsburg
President and Chief Executive Officer
Downtown Cincinnati Inc. Jill Meyer
Board Chair
Downtown Cincinnati Inc.
Member-in-Charge, Frost Brown Todd
1
lean
c
&
safe
Program
Objective:
Maintain and
enhance the
safe, clean,
and welcoming
environment
downtown.
1.Strategy: Improve safety and perception of safety downtown.
Feeling Safe Downtown
Almost half of the 1,712 who participated in the Annual
Perceptions Survey now agree downtown is safe during
late evening/overnight hours.
Overall
During business hours During early evening Police Visible
Ambassadors Visible
20112012
63%73%
90%
93%
75% 82%
67% 73%
48% 61%
–2012 Downtown Annual Perceptions Survey
DCI supplied funding and support to the Police Cadet Program,
initiated by Chief James E. Craig. Through this new program, 40
teenagers gained on-the-job experience with an assigned student
school resource officer, spending 30 hours offering assistance and
learning about community policing.
DCI’s Social Service Outreach Coordinator made 6,251 contacts
with clients, social service providers, landlords, etc. to help those
less fortunate into permanent housing facilities. He placed
42 people in housing in 2012, and continues to work with the
Mental Health Board, Pre-Trial Services, and UC hospital to
develop protocols.
overall
73
%
feel safe
downtown
2
2. Strategy: Enhance appearance of streets, sidewalks and public spaces.
Downtown Cincinnati’s Central Business District consistently
received a perfect score of 1 on the monthly litter index report
from Keep Cincinnati Beautiful.
The streets maintained by DCI in Over-the-Rhine also received
excellent marks, beginning with a 1.1 in January and ending 2012
at a 1.
In advance of the 2012 World Choir Games, DCI ambassadors
worked with the City of Cincinnati and Keep Cincinnati Beautiful to
paint 128 light poles in the downtown area.
3. Strategy: Encourage pride in location and space.
DCI worked with local arts organizations and property owners
and managers to coordinate the installation of artwork in vacant
windows and storefronts throughout downtown in preparation for
the 2012 World Choir Games.
DCI maintains 70 large sidewalk planters throughout the district,
and changes the flowers seasonally.
perfect
score of
1
on monthly litter
index report
2012 Ambassador Results
• 833 block faces power washed in 1,486 hours
• 178,430 pounds of trash removed
• Weeds removed on 432 block faces
• 1,859 instances of graffiti removed
• 16,219 hospitality assists
• 1,048 Ambassador contacts with aggressive panhandlers and 3,661 with passive panhandlers
DCI issued 65 Virtual Block Watch email notifications regarding
urgent safety topics and street closures to 800 subscribers.
DCI facilitates four sector groups; average attendance is 25 to
30 stakeholders per meeting. Among their accomplishments were
improvements at Cincinnati Hills Christian Academy Otto Armleder
School. Due to the work of the sector meetings, the city trimmed
trees and upgraded lights on Ninth Street, improving overall
visibility, and the police presence was increased to aid traffic
safety in the area.
3
and
s
arketing
M
cation
communi
1. Strategy: Generate positive, accurate media coverage via strategic media relations.
Program
Objective:
Maintain and
enhance the image,
awareness, and
usage of downtown
Cincinnati as a
vibrant hub of
activity where people
live, work, dine,
shop, and play.
Marketing by the Numbers
DCI gaining fans and followers in 2012
Facebook Twitter
JanuaryDecember
5,831
9,702 (60% increase)
4,537
7,981 (53% increase)
Website visits
40% increase over 2011
Retail guide
120,000 printed
600 listings, with more than 400 outlets
DCI weekly email 15% increase in subscribers over 2011
DCI coordinated media outreach throughout the year. Since
February, DCI has been featured on 55KRC’s Brian Thomas
show discussing “What’s happening in downtown Cincinnati”
every Friday morning. The five-to-seven-minute interview features
upcoming events, promotions, and fun tips about the CBD and
OTR. The 2012 Annual Meeting received positive media coverage
by WCPO, WLWT, Enquirer, Business Courier, Building Cincinnati blog
and WLW. The State of Downtown release in May was covered by
WLW, WNKU, WCPO, Fox19 and Local 12; and in articles in City
Beat, Business Courier, Enquirer and UrbanCincy. The inaugural Live
It Up Downtown event was featured on WLWT and in the Enquirer.
Over the holidays, DCI partnered with more than 20 downtown
stakeholders including the Reds and Nicholson’s, the Taft Museum
of Art, and 3CDC for 43 live broadcast interviews on radio and TV,
totaling almost 12 hours of coverage.
4
DCI developed a year-long campaign focused around the theme
“Life Happens Here.” This creative concept included an itinerary of
establishments to visit for Mother’s Day, Graduation, Father’s Day,
and other celebrations.
For Valentine’s Day, Mother’s Day, and Father’s Day, DCI used
digital outdoor billboards to promote giveaways on Facebook and
promote stakeholders. Among the businesses featured during
these promotions were Cincinnati Ballet, Nicholson’s, Nada,
Jeff Ruby, Walnut St. Grill, Trattoria Roma, Cappel’s, Washington
Platform, The Blue Wisp, and What If Gifts.
2.Strategy: Increase downtown usage through basic marketing programs.
DCI hosted Summer and Holiday Retailer meetings, with
representatives from the Convention and Visitors Bureau, Regional
Tourism Network, Police, DCI, and 3CDC presenting information on
seasonal programs and events to almost 100 stakeholders.
2012 World Choir Games efforts included two meetings with
retailers, promoting the “Go.Show.Save” discount program,
launching a retail window display program, and volunteering as
press attendants.
This year, four Macy’s Downtown Dazzles were held, kicking off the
holiday season over Thanksgiving weekend. More than 500,000
people enjoyed Downtown shopping, dining, and entertainment
along with the Dazzle events which included rappelling Santa,
carriage rides, trolleys, and photos with Santa inside Macy’s
Fountain Place.
The third annual online holiday catalog was published, featuring
20 retailers in the CBD and OTR including Appointments,
Bromwell’s, Cappel’s, Hunt Club Clothiers, Macy’s, Mike and Carol
Trotta, and Saks Fifth Avenue. The catalog received 5,455 views.
Holidays Downtown
For the sixth year in a row, Macy’s sold out of the
Rookwood commemorative tile, which featured the Taft
Museum of Art. The tile drove many first-time customers
to Macy’s Fountain Place.
Volunteers from SPCA provided free gift wrapping inside
Carew Tower during the holiday season. Five animals were
adopted and more than $600 was raised via donations.
Local choirs The Unlimited, Young Professional Chorale
Collective, and Cincinnati Men’s Chorus all performed at
Macy’s Downtown Dazzle. Special guests included Cincinnati
Pops Conductor John Morris Russell and American Idol
contestant Eben Francewitz.
3. Strategy: Further increase downtown usage through enhanced marketing programs.
In an effort to increase the diversity of the respondents to the
2012 Annual Perceptions Survey, the survey was launched in
August at the Midwest Black Family Reunion. The survey was once
again administered by La Verdad Marketing. This year 32% of the
survey respondents were minorities compared to 36% in 2011
and 15.8% in 2010.
In May 3CDC partnered with DCI, adding Gateway Quarter and OTR
merchants to the Downtown Gift Card program.
Gift card sales for the year totaled $113,065, up 21% from 2011.
overall
impression
89
%
positive
Overall Impression of Downtown
Extremely and Somewhat Positive
Total
Hispanic
White
African American
20112012
80%90%
75%80%
84%92%
69%
90%
5
Stakeholder
Services
Program Objective:
Support and advocate
for business and
residential growth in
downtown Cincinnati.
1.Strategy: Provide business support for current and potential downtown businesses.
Throughout 2012, DCI created presentations outlining the
economic impact of DCI and its benefits to stakeholders.
These were shown to Eagle Realty, Salvation Army, Human
Rights Campaign, NeighborWorks, Association for Legal
Administrators, International Special Events Society, Hamilton
County Commissioners, Cincinnati Bar Association – Young
Lawyers Section, and the Third Annual Transforming & Revitalizing
Downtown Summit, held in Toronto.
During 2012, 10 companies moved to downtown, including
KAO Brands, a global manufacturer of premium beauty care
brands; Cadre Computer; and USB Ascent Group.
DCI, in conjunction with Councilman Wendell Young, convened
meetings of the Taxi Advisory Task Force. The group was comprised
of cab drivers, cab company owners, city representatives and
city stakeholders. For the first time, during the 2012 World
Choir Games, licensed taxi drivers were able to pick up fares in
Cincinnati, Covington, or Newport, regardless of which city they
were licensed in as a result of the advisory board. More than
200 drivers participated in the program. This new agreement
increased visitors’ access to events and programs during this
international event.
DCI continues to assemble welcome bags featuring special
offers and products from 60 stakeholders for the employees of
businesses new to downtown.
6
2.Strategy: Promote downtown residential living.
For the first time, the Downtown Perceptions Survey was
adapted for use by downtown residents. When respondents gave
a home zip code of 45201 or 45202, they were redirected to a
resident-specific version of the survey with new questions about
living downtown to gain insights into better ways to meet their
specific needs.
In September, DCI, in partnership with the Downtown Residents
Council, produced Live It Up Downtown: A Celebration of Urban
Living. The festival was held on Fountain Square, and featured
live entertainment; rental and purchase real estate offerings,
tours, and open houses; and focused on promoting the small
businesses and cultural amenities that make downtown a
vibrant neighborhood to call home.
3.Strategy: Meet information needs of downtown stakeholders and other partners.
DCI compiled and published the eighth annual State of
Downtown Report in May, serving the information needs
of stakeholders and the public. The media frequently
references this report for statistics regarding downtown.
DCI maintains a downtown monthly parking survey,
updated quarterly, at downtowncincinnati.com.
DCI serves as a member of the Casino Neighborhood
Working Group, dedicated to working with the
Horseshoe Casino Cincinnati, the City and other
stakeholders to leverage the presence of the casino
in a way that best benefits the city. The work is
ongoing through 2014.
New residents to downtown are given welcome bags featuring
special offers and products from 60 stakeholders.
Sponsored by 4EG and Horseshoe
Casino Cincinnati, Live It Up
Downtown featured 57 booths
from many businesses and
cultural institutions, among
them Avril Bleh & Son’s Meats,
Cincinnati Museum Center, Fido
Field, The Gym at Carew Tower, Public Library of Cincinnati and
Hamilton County, and YWCA. Guest enjoyed performances by
local musicians, dancers, and artists.
96
%
residential
occupancy
rate
Downtown living options were highlighted at 32 properties in
the CBD and OTR, including those at 107 Shillito Place, 325
West Fifth Street Apartments, Biltmore Apartment, Lombardy
Building, and The Waldo. Each property saw an average of
150 visitors during the tours.
7
ial
c
finanstatements
Independent Auditors’ Report
Board of Directors
Downtown Cincinnati, Inc.
Cincinnati, Ohio
We have audited the accompanying statements of financial position of Downtown Cincinnati, Inc. (DCI)
(a nonprofit organization) as of December 31, 2012 and 2011 and the related statements of activities and
cash flows for the years then ended, and the related notes to the financial statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes the
design, implementation, and maintenance of internal control relevant to the preparation and fair presentation
of financial statements that are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audits. We conducted
our audits in accordance with auditing standards generally accepted in the United States of America. Those
standards require that we plan and perform the audits to obtain reasonable assurance about whether the
financial statements are free of material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the
financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of
the risks of material misstatement of the financial statements, whether due to fraud or error. In making those
risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation
of the financial statements in order to design audit procedures that are appropriate in the circumstances, but
not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we
express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and
the reasonableness of significant accounting estimates made by management, as well as evaluating the overall
presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the financial statements referred to above, present fairly, in all material respects, the financial
position of DCI as of December 31, 2012 and 2011 and the changes in its net assets and its cash flows for the
years then ended in conformity with accounting principles generally accepted in the United States of America.
March 14, 2013
8
Statements of Financial Position
December 31, 2012 and 2011
2012
2011
Assets
Cash and cash equivalents
$ 559,215 $ 721,909
Certificate of deposit
55,000 –
Contracts and accounts receivable 155,067 61,587
Grants receivable
50,000 –
Unbilled receivables 263,892 283,281
Prepaid expenses
5,780 5,740
Property and equipment, net
6,777 7,636
Total assets
$1,095,731
$1,080,153
Liabilities and Net Assets
Liabilities
Accounts payable
and accrued expenses
$ 283,627 $ 342,538
Deferred revenue
–
75,350
Advanced memberships
77,626 53,525
Total liabilities 361,253 471,413
Net Assets
Unrestricted 684,478 608,740
Temporarily restricted
50,000 –
Total net assets 734,478 608,740
Total liabilities and net assets
$1,095,731 $1,080,153
Statements of Activities
Years Ended December 31, 2012 and 2011
2012
2011
Unrestricted revenues and support
DCID contract:
Special Improvement District$2,252,123 $2,103,900
Service agreements 501,767 469,015
Memberships 121,900 110,376
Holiday, directory sponsorships
and special events 112,870 104,165
Donated services
18,235 45,765
Interest income
640 274
Temporarily restricted net assets
released from restriction
25,000 –
Total unrestricted revenues
and support 3,032,535 2,833,495
Expenses
Operating 2,938,562 2,722,162
In-kind 18,235 45,765
Total expenses 2,956,797 2,767,927
Change in unrestricted net assets
Temporarily restricted donations and grants
Temporarily restricted net assets
released from restriction
Change in temporarily restricted net assets
Change in net assets
Net assets, beginning of year
Net assets, end of year
$
75,738 75,000 65,568
–
(25,000) –
50,000 –
125,738 65,568
608,740 543,172
734,478 $ 608,740
Statements of Cash Flows
Years Ended December 31, 2012 and 2011
2012 2011
Cash flows from operating activities
Change in net assets
$125,738 $ 65,568
Adjustment to reconcile change
in net assets to net cash provided
by operating activities:
Depreciation
3,808 3,125
Changes in:
Contracts and accounts receivable (143,480) 133,411
Unbilled receivables
19,389 (183,986)
Prepaid expenses
(40)
–
Accounts payable
and accrued expenses
(58,911) 83,734
Deferred revenue (75,350) 75,350
Advanced memberships 24,101 53,525
Net cash provided by (used in)
operating activities (104,745) 230,727
Cash flows from investing activities
Purchase of certificates of deposit – net (55,000)
–
Purchase of property and equipment (2,949) (8,845)
Net cash used in
investing activities(57,949) (8,845)
Net change in cash and cash equivalents (162,694) 221,882
Cash and cash equivalents,
beginning of year 721,909 500,027
Cash and cash equivalents,
end of year
$559,215 $721,909
Notes to Financial Statements
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Nature of Operations
Downtown Cincinnati, Inc. (DCI or the Organization) is a nonprofit
corporation organized to enhance downtown Cincinnati through
safe and clean programs, communications and marketing
programs and stakeholder services including assisting
small women-owned and minority-owned firms. DCI receives
contributions from Cincinnati area companies, foundations and
funds from assessments on all downtown properties to take
leadership in the revitalization of downtown.
Financial Statement Presentation
The financial statements have been prepared in accordance
with applicable generally accepted accounting principles (GAAP)
for not-for-profit entities that require, among other things, the
net assets to be classified based on the existence or absence
of donor-imposed restrictions. Accordingly, net assets of the
Organization and changes therein are classified and reported
as follows:
Unrestricted net assets – Net assets that are not subject to
donor-imposed stipulations and may be utilized at the discretion
of the Board of Directors to support the Organization’s purposes
and operations in accordance with its bylaws.
Temporarily restricted net assets – Net assets subject to
donor-imposed stipulations that will be met either by actions of
the Organization satisfying the purpose or the passage of time.
When a donor restriction expires, that is, when a stipulated
time restriction ends or purpose restriction is accomplished,
temporarily restricted net assets are reclassified to unrestricted
net assets and reported in the statement of activities as net
assets released from restrictions.
Cash and Cash Equivalents
The Organization considers all liquid investments with original
maturities of three months or less to be cash equivalents. The
Organization maintains its cash in bank deposit accounts which
could exceed federally insured limits. The Organization has not
experienced any losses in such accounts and management
believes it is not exposed to any significant credit risk.
Certificate of Deposit
Certificates of deposit are carried at cost which approximates
fair value. The certificate held at December 31, 2012 matures
in April 2013.
9
cial
inan
f
s
tatement
s
Contracts and Accounts Receivable
Contracts and accounts receivable consist of reimbursements
due under contract agreements and general accounts
receivable. The Organization provides an allowance for doubtful
accounts, which is based upon a review of outstanding
receivables, historical collection information and existing
economic conditions. Delinquent receivables are written
off based on individual credit evaluation and specific
circumstances.
Donated Service
The Organization records donated services as revenues in the
period received only if the services received create or enhance
non-financial assets or required specialized skills, are provided
by individuals possessing those skills, and would typically
need to be purchased if not provided by donation. In 2012 and
2011, contribution revenue recognized for donated services
was for media and promotions as presented in the statement
of activities.
Unbilled Receivables
Under the Special Improvement District (SID) contract through
Downtown Cincinnati Improvement District (DCID), the Fountain
Square Management Group (FSMG), SORTA and OTR Holdings
contracts, the Organization bills actual monthly expenses the
following month. Unbilled receivables represent December
SID, FSMG, SORTA and OTR Holdings expenses to be billed
in January of the following year. Also included in unbilled
receivables at December 31, 2012 and 2011 were December
consignment sales of promotional products (Commemorative
Rookwood Tiles) billed in January of the following year.
Deferred Revenue
Revenues from service contracts are deferred and recognized
in the period to which the fees relate.
Property and Equipment
Property and equipment are recorded at cost or at fair value
as of the date of the contribution. Depreciation is provided
using the straight-line method over the estimated useful lives
of the respective assets. The cost of maintenance and repairs
are expensed as incurred while significant improvements
are capitalized.
Contributions
The Organization records gifts of cash and other assets at
their fair value as of the date of contribution. Such donations
are recorded as unrestricted support unless explicit donor
stipulations specify how the donated assets must be used.
Gifts that are originally restricted by the donor and for which
the restriction is met in the same time period are recorded as
temporarily restricted and then released from restriction.
Gifts of long-lived assets with explicit restrictions that specify
how the assets are to be used and gifts of cash or other assets
that must be used to acquire long-lived assets are reported as
restricted support. Absent explicit donor stipulations about how
long-lived assets must be maintained, the Organization reports
expirations of donor restrictions when the donated or acquired
long-lived assets are placed in service.
10
Advanced Memberships
Memberships received in advance are deferred and recognized
in the period to which the memberships relate.
Income Taxes
DCI is exempt from income taxes under Section 501(c)(3) of the
Internal Revenue Code and a similar provision of Ohio law. DCI
is not considered a private foundation.
The Organization’s IRS Form 990 is subject to review and
examination by Federal and state authorities. The Organization
is not aware of any activities that would jeopardize its tax-exempt
status. The Organization is not aware of any activities that
are subject to tax on unrelated business income, excise or
other taxes.
Functional Allocation of Expenses
The costs of supporting the various programs and other activities
have been summarized on a functional basis in the notes to
the financial statements. Expenses have been classified based
upon the actual direct expenditures and cost allocations based
upon estimates of time spent by Organization personnel.
Use of Estimates
The preparation of financial statements in conformity with
accounting principles generally accepted in the United States
of America requires management to make estimates and
assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at
the date of the financial statements and the reported amounts
of revenues and expenses during the reporting period. Actual
results could differ from those estimates.
Subsequent Event Evaluation
In preparing its financial statements, the Organization has
evaluated events subsequent to the statement of financial
position date through March 14, 2013, which is the date the
financial statements were available to be issued.
2. PROPERTY AND EQUIPMENT
Property and equipment consisted of the following:
20122011
Computer equipment
$ 46,546 $ 63,576
Office equipment 16,141 15,126
Computer software 8,566 8,566
71,253 87,268
Less accumulated depreciation (64,476) (79,632)
$6,777
$7,636
Depreciation expense was $3,808 in 2012 and $3,125 in 2011.
3. CONCENTRATION/IMPROVEMENT DISTRICT
DCI entered into a Special Improvement District contract with
Downtown Cincinnati Improvement District (DCID) which expires
on December 31, 2013. DCID is a special assessment of
downtown property owners, which purchase the services of DCI.
Approximately 73% of revenues in 2012 and 74% in 2011, and
64% of the receivables in 2012 and 58% in 2011 are related to
the Special Improvement District contract.
4. OTHER SERVICE CONTRACTS
DCI has contracts with the Fountain Square Management
Group to clean Fountain Square, SORTA to clean Government
Square, bus stops and shelters in the central business district.
DCI expended $403,905 in 2012 and $390,628 in 2011 in
connection with these contracts.
DCI also has a contract with OTR Holdings to clean certain
areas in Over-the-Rhine. DCI expended $82,891 in 2012 and
$62,795 in 2011 in connection with this contract.
5. LEASE COMMITMENTS
The Organization leases office space and various equipment
under operating leases that expire on various dates through
December 2013. Rent expense for these leases was $55,090
in 2012 and $53,688 in 2011. Future minimum payments will
be $58,323 in 2013.
6. 401(K) PLAN
DCI participates in a multi-employer 401(k) plan sponsored
by the Cincinnati USA Regional Chamber of Commerce. The
Organization contributes 10% of employees’ gross pay to the
plan. Participants vest in employer contributions 20% each year
and are fully vested after five years. Plan contributions were
$48,383 for 2012 and $54,457 for 2011.
7. FUNCTIONAL ALLOCATION OF EXPENSES
The costs of supporting the various programs and other
activities of the Organization have been summarized below.
Expenses have been classified based upon the actual direct
expenditures and cost allocations based upon estimates of time
spent by Organization personnel.
Program services
General and
administrative
Fundraising
20122011
$2,640,517 89.3%
$2,483,654 89.8%
224,443 7.7%
91,837 3.1%
$2,956,797 100.0%
196,394 7.0%
87,879 3.2%
$2,767,927 100.0%
11
s
downtown
owner
property
105 East Fourth Street Holdings LLC
11-15 Eighth LLC
115 West Ninth Street LLC
120 East Eighth Street Partners LLC
120 East Sixth LLC
125 West Fourth Street LLC
200 West Court LLC
209 East Court LLC
21c Cincinnati LLC
225 Mcfarland Street Limited
255 Fifth Limited Partnership
2700 Ashland Associates LLC
300 Main Limited
305-309 West Fifth Street LLC
307 Sycamore Holding LLC
312 Walnut Limited Partnership
313-319 West Fourth Street LLC
321 Race LLC
321 West Fourth Project Partnership
324 East Fourth Street LLC
325 West Fifth Street LLC
330 West Fourth Street Partnership
422 Sycamore Entertainment LLC
4J Redevelopment LLC
500 Eggleston Limited
506 Phelps Holdings LLC
525 Vine Street LLC
537 Associates LLC
580 Walnut Cincinnati LLC
613 Race LLC
625 Main Street LLC
627 Main Street Investments LLC
639 Building On Main LLC
641 Walnut LLC
654 Main LLC
700 Broadway Partners LLC
700 Walnut LLC
801 Riverview LLC
805 Race Street LLC
810 Sycamore Partners LLC
817 Main Street Limited
917 Partners LLC
9487 Dry Fork Road LLC
AAA Cincinnati
Sarah N. Absher
ACG Federal Reserve LLC
Acosta Sales Building LLC
Johnny V. Aildasani
AJ&S Limited Partnership
12
Alamin Family Partnership
Alea Group Limited
Allison Alexander
Morio Alexander
Alfred Carrington Inc.
Allica S. Woods
Gregory A. & Angela M. Allison
Kathryn J. Holwadel &
Michele Alonzo
American Financial Corporation
Appetizer LLC
Applelaz Enterprises Limited
Althea L. Aquino Trust
Archbishop Of Cincinnati
Arena Management Holdings LLC
Arnolds South Seas Holdings
Condy D. Beavers & Leslie J. Aronoff
Asset Ohio Fourth Street LLC
Krishna P. Athota
Aurora Townhouse LLC
Sarah W. Avila
Adetokunbo Hakeem Ayoade
B W Talgood Realty Company Limited
Glen A. & Debra L. Babcock
Backstage Development Limited Liability Company
Trudy K. Backus
Geraldine Bagsit
Bernice F. Bailey
Kati A. Bakes
Betina L. Bartels
Alan W. Bates
BCN Holdings LLC
Craig R. Beachler
Donna E. Becker
Douglas J. & Marcia P. Beckmeyer
Jason C. Beem
Beiderman Properties LLC
Celeste J. Bergen
Matthew A. Berger &
Lauren B. Osborne
Harvey Bergman Trust
Harvey & Milton Bergman Trust
Mark William Bernhardt
Marianna Brown Bettman
BG 708 Properties LLC
Anthony A. & Nicholas A. Bianco
BJ Real Estate LLC
Barbara J. Black
Jonathan Blackham
Glenn Blair
Jason & Kristel Lynn Donald Blair
Fox Jonathon Blake
Leonald A. Bleh
Patricia L. Bleh
William H. Blessing Trust
John M. Blevins
Robert F. Bloom & Alison H. Kamine
Blue Grass Development Of Ohio LLC
Brent R. Blum Trust
Bodies Of the Scottish Rite
Paula Y. Boggs
Benjamin & Aruna Darolia Bohache
Thomas A. Borcher Jr.
Emily C. Boswell
Joseph P. Brannen & David E. Foote
Mark G. Brinker
George & Kathleen M. Brinkman
Broadway Building Investors
Randolph Neal Brooks
Brothers Cincinnatian Corporation
Erik T. & Meredith L. Brown
Robert S. Brown
Budig Realty LLC
George J. Budig Trust
Aaron L. Burgess
Patrick D. Burns
Thomas E. Bush
Jeffry Alan Bush & Kyle Lee Merritt
Joseph C. Busterna
Glenn N. Callaway
Shawn Calton
Christopher T. Musillo &
Kendra M. Cameron
Harvey D. Camins
Daniel E. & Gwen Campanello
John A. & Mary Jo Campbell
Capcar Realty 1.1 LLC
Capco Real Estate LLC
Cappel Realty Co
Caramel Properties LLC
Carell Ohio LLC
Peter J. and Carolyn D. Carpenter
James B. Carty
J. Eric Casey
James B. Caskey
CBD Holdings Inc.
Centennial Plaza I Investment LLC
Central Clinic
Central Trust Tower Associates
Chai West Ninth Street LLC
Jimmy S. Chan Trust
Ruth J. Chang
Navinder S. Chauley & Joan H. Lim
Chelsea K. LLC
Joseph G. White &
Christopher Childers
Cincinnati & Suburban Bell
Cincinnati Association for the Performing Arts
Cincinnati Athletic Club
Cincinnati Automobile Club
Cincinnati Bar Association
Cincinnati Fire Museum Association
Cincinnati Freie Presse LLC
Cincinnati Gas & Electric Company
Cincinnati Hills Christian
Academy Inc.
Cincinnati SI Company
CIncy Condos LLC
City Of Cincinnati
City View Equities Inc.
Andrew Thomas Claus
Jonna Ruth Clayton
Gary L. Clemens
David S. Collins
John B. & Sylvia H. Collins
Columbia Development Corporation
Columbia Motor Sales Company
Columbia Oldsmobile Company
Community Law Center
Real Estate Company
Joseph T. Conklin
Conversa Language Center Inc.
David A. Cook
Avery B. Holden & Jarrod M. Cooper
Robert P. Corman
Ana Defendini Cortes
Brian P. Couch
Court & Elm Street
Court Colleagues LLC
Court Street Center LLC
Court Street East Limited
Court Street Partners LLC
Court View Building LLC
Jasmin Courtney
Jennifer Lynn Couser
Cp-327 West Court LLC
Cp-908 Plum Street LLC
Cp-Court & Plum Limited Partnership
Ann Crable
Frederick V. Jr. & M. Katherine Crall
Amanda J. Penick & David Crane
Terrence M. Crawford
Cre Corp
Cvg Partners LLC
D. M. Dagiau
Mark Daniel Jr. &
Gretchen Elaine Mahan
Jeffrey A. Carr & John E. Danner
Aruna Darolia
DAS Interests II LLC
Kyle G. Davis
Russell E. Davis
Steven C. Davis
Dawson Realty Limited
Earl B. Day
Jennifer L. Day
DCFF LLC
Anthony L. Deblasio &
Kathryn A. Hollstegge
Paul Michael Demarco &
Karen Anne Smith
Dennis Properties LLC
Seth Coyle & Natalie Desantis
Daniel J. Devito & Jessica R. Yerdon
Diamond Mercantile Co
Maria Raquel Diazdeprego
Scott M. Dick
Dickens & Crumpet LLC
Richard E. Dieringer
Teresa Dimarco
Dixie Terminal Corporation
DJJ Holding Corporation
Justin T. & Brandon R. Dobbs
Robert J. Doherty
Karl M. Dollard
Matthew D. and Mark R. Donahue
Sean D. Donovan
Edward D. Doris
Downtown Hills LLC
DP 12 LLC
DP 8 LLC
David Drachman
DRM & Associates
Drury Development Corporation
Dtk Ninth & Main LLC
Michael S. Dubois
Duke Energy Ohio Inc.
Greg Dunkley
Jordan T. Duvall
Jennifer M. & Floyd D. Dye
E. Paul Corporation
East Eight Limited
East Eighth Parking LLC
East Seven Limited
Michael Ebbs
Marcus D. Relthford & Amy W. Eddy
Margaret A. Edmiston
Eighth and Broadway
Limited Liability Company
Ryan & Sarah Ejnke
Elevation Communications
Elka Real Estate Company
Elliott David Partners
Michael Ellison
Elm 411 LLC
Elm-Four Associates Limited
Emery Realty Inc.
Katie M. Eng
Gary J. Enzweiler
Matt Ernst
Este Investors Limited
Thomas David Jr. & Vicky Lynn Evans
Joseph L. & Evelyn M. Everhart
Suzanne L. Hanners &
Patricia B. Fahey
Rex G. Fannin
Federal Reserve Bank Of Cleveland
Frederick W. Fehr IV
Mary Jill Fendrich
Fifth Third Bank
Fifth Third Bank Trust
Fifty-One Company Limited
Tammy L. Fine
Phyllis G. Fine Trust
Michael C. Fletcher Trust
Henry J. Fliman Trust
Kevin R. Flynn Trust
Fort Washington Leasing
Gary M. Foster Trust
Marta B. Foster Trust
Ty L. Foster Trust
Fourth & Race Street
Investments LLC
Fourth And Central Properties Inc.
Fourth National Realty LLC
Fourth Street
Development Partners LLC
Erhard & Sara Friedrichsmeyer
M. Camille Frye
Steve Fugazzi
Donald E. Fuller
Gabbard Evangelistic Association Inc.
Victor L. Gaffin
Garfield Associates LLC
Dustin Garis
Gaspare LLC
Alejandro Gauna
Gdr Properties LLC
William M. & Josette L. Gearhart
Peter C. Georges
Maureen A. Gerner
Thomas M. & Lisa J. Gillis
Matthew R. Glucksmann
Maria F. Gomez
Lauren P. Gonnella
Goodall Properties Limited
Goodyear Tire & Rubber Company
Clifford D. Gookin Jr. Trust
Kevin W. Goryl
Brittani Gray
Gilbert L. Gray
Stanley J. Gray Trust
Donald Greer
Johannes R. & Catherine C. Griffioen
Joanne B. Grossman Trust
David E. Grossmann
Shiri A. Grote
Nancy K. Gruber
Robert L. Grunn
Dustin J. Grutza
George Michael Guidry
Carlos E. Gutierrez
Gwynne Building
Limited Liability Company
Laurence Oliver Haas
Kevin S. Hacker
Shadia G. Haddad
Clifford E. Hall
David N. Hall Trust
Hamilton County Board
of Commissioners
Barbara Jane Hammel
Oh Hyun & Kui Rye Han
Katherine Marie Hanger
Travis Hanser
William N. Hardy
Derek C. Harris
Francia A. Harris
William P. Hartmann Jr. Trust
Marcia Linda Hartsock
Hearthstone Co.
Joan E. Heckard
Kelly & Spencer Heindl
Forest Heis & Daniel J. Wenstrup
Carol Helle
Joseph R. Herr
Hertz Center At 600 Vine LLC
Hertz Textile Building LLC
Damien R. Hesler
Josh Heuser & Nick Grammas
Hilch Partners LLC
Brian P. Hill
Karlee L. Hillard
HJH Realty Corporation
Peter Reed Hoffman Trust
Hogan Real Estate Holding
Holland Pen Building
David G. Holliday & Betsy A. Leigh
Leah M. Hollstegge
Clara & Frances Homan
Nelson W. Homan
John Michael Hopkins Trust
Houdini Properties LLC
Sharon Howard
Charles Craig & Mary P. Hudson
Kevin Huey
Michael J. & Tobi A. Iacono
David O. Imwalle
Thomas & Mary A. Ionna
Ironworks Apartments LLC
Basheer H. Ismail
Mary C. Ittner
Lynn Patterson Jacobs
Erlend Jacobsen
Jag Duke Properties LLC
Dorothy E. Jamieson Trust
Jeffrey M. Januszek
William L. & Carol L. Jennewein
Anand P. Jhaveri
Da Shu Jiang
Carolyn M. Jimenez Trust
JJW Investments Limited
Carver L. & Algernon V. Johnson
Herbert Johnson
Joel Jones
Melinda R. Jones
Martin H. III & Shirley A. Joyce
JS Gold & Coin Inc.
Bedell Julia
Julius J. Rigacci Box Company
K & S Limited
Kabg Properties LLC
Kaiser Group LLC
Richard E. Kait
Gerald F. & Geraldine M. Kaminski
Kanu Investments LLC
Ronald C. Kauper & Richard Mayer
Keen Investment Inc.
James Keene
Benjamin H. Keener
T. William Kelleher Trust
Patrick & Samantha Khattak
Patrick J. Kiggins Jr.
Chong Nung & Kil Jin Kim
Yolanda D. Kirschner
Kurt Kleinhuizen
Kenneth F. Klosterman Jr.
Robert R. Knight
Koch Buildings Inc.
Aaron C. Kohlhepp
Clarence E. Koop
Patrick M. Korb
Edek & Erna Kornhauser
Chris Kotsovos
Daniel M. Kraft
Kreller Group Inc.
Joel L. Kubala
Geoffrey H. Kuehn
Nadia Laabs
Ladisa Investments LLC
Steven E. Lah
Lancaster Building LLC
Landmark Phoenix LLC
Frederick G. Lane
Last Citadel LLC
Joshua N. Lawson
Laz Enterprises Limited
Paul T. Leesemann
Rachel A. Leisring
Susan Lennard
Allison Leonard
Lezam Inc.
Thomas Zoun Lin Li
Lifeformations Inc.
Joan H. Linkletter
Phillip Lipschultz II
Lloyd Library and Museum
David R. Lofland Jr.
Lofts At Fountain Square LLC
Lombardy Investments Limited
Janine P. Lopez
Lauren Lovelady
LPK Garfield LLC
Charles J. Luken
Lusain Holding LLC
Lusain Holdings 2 LLC
Luscorp LLC
Thomas C. Lutz
Phu Ly
Lytle Capital Partners LLC
Lytle Tower Investors
M/R Real Estate Holdings
Michael R. Magee
Main Auction Galleries Inc.
Nancy M. Malone
Phillip & Rhea Sue Mandell Trust
Stefanos & Panagiota Marinakis
Neil W. Marquardt
April Lynne Martini
Brian Masters
James & Emily Mathews
Carla B. Matteucci Trust
Kate L. Mayer
Mca Center LLC
Paul McAleese
Phyllis L. Mccallum Trust
Terence P. McCarthy
Kristy S. Mckenna
Terry Mcmillan & Melissa Schmidt
Megsu Properties Limited
David S. Meiners
Mergards Downtown Bowling
Lanes Inc.
Richard J. Jr. & Lori Dee Merz
Richard J. Merz II
Earl K. & Donna S. Messer
Ryan L. Messer
Jill P. Meyer
John C. Michell
Middle Earth Developers Inc.
Midwest Enterprises Inc.
Mill End Shops Of Cincinnati Inc.
Kenneth S. & Carrie Miller
Matthew C. Miller
Thomas H. & Carolyn Miller
Thomas J. Mirkos Trust
Patrick J. Mitchell & Brenda M. Kloos
Dan Mitchum
Mmf Realty LLC
Mmv Properties LLC
William L. Montague
Montgomery Inn Inc.
Matthew J. Moore
Thomas W. & Dollie Moore
Lawana Jean Moroski
Michael Daniel Moroski
Sheryl Lynn Morris &
Richard Martin Meyer
Stephen John Moser &
Heide Hehmann Moser
Gerald & Roxanne Motl
Megan R. Mullinix
Dianne A. Munoz Trust
Jessica H. Muriel
Anastasia Eileen & John J. Murphy
Charlotte C. Murphy
Terrence P. & Charlotte C. Murphy
Thomas E. & Janet D. Murphy
My 3 Sons Realty LLC
David & Linda Myers
Nancy Gay Trust
Nancy H. Meiss Trust
Nap Williams Office Building LLC
National Underground Railroad Freedom Center
Carlos Navarro
Navarro Photography LLC
Robert A. Nett
New Boston Centennial LLC
Susan W. Newmark
Next Stage LLC
Neyer Holdings F LLC
Nick Nicastro
Nieman Investors Limited
13
Ninth And Vine Investment
David Norris
North Avenue Trade
Kristen M. Nostrand
Brandon Oberschlake
OBX Properties LLC
OC Parking Cincinnati Elm
OC Parking Cincinnati Seventh
Ohio Book Store Inc.
OLJ LLC
One East Fourth Inc.
One Hundred Thirty Three
West Fourth Partnership
One Twenty Five Partners
OTR
Edward Owens III &
Kathleen I. Hungler
E. Dimitri & Susan D. Panayotopoulos
Charles Park
Park Place at
Lytle Investments Limited
Justin Parker
George J. & Betsy Pascal Trusts
Kali Paskal
Baran Paul
Patricia N. Pensak
Perry Street Real Estate
Randy J. Peterson
Linda J. Phillips
M. Kay & Lawrence D. Phillips Trust
Photodesign Inc.
Piatt Park Community
Urban Redevelopment Corporation
Plum Street Investments LLC
Plum Street Partners LLC
PNC Center Associates LLC
Pogues Garage LLC &
Powell T. Holdings LLC
Port Of Greater Cincinnati Development Authority
Power Building Associates
Lowell G. Powers Jr. Trust
Greg Preece
Lee Jones Prem
14
Presidential Plaza Associates Limited Partnership
Princeton Properties Inc.
Provisional Properties LLC
David W. Pruitt
Manouso G. & Anastasia Psihountakis
Alvaro Puga
QC Properties Limited
Roxanne Qualls
Queen City Club
Race 815 LLC
Race Street Development Limited
James W. Radley
Rait Old Town LLC
Pushpa Ram
Laura S. Randall
Andy Rebhun
Frank R. Recker
Paul S. & Maritza P. Reid
Patricia R. Reik
Timothy P. & Patricia H. Reilly
Deanne R. Reinzan-LaPille
Chad A. Reynolds
Darian J. Richardson
Richter & Phillips Company
Christopher Ridenour
Riverbanks Renaissance
RKR Communities Limited
Lee G. Robinson Trust
Robert K. Roeller
Michael J. Roller
Susan M. Rollman & Frances R. Katz
Ron Hamilton Photo Limited
Mary Katherine Rosack
Millard C. Rosselott III
Edward Rothenberg Trust
O. Pierce Rudd Sr. Trust
Kevin D. Sablosky
Mark B. & Kathryne D. Sackett
Samsar Holdings LLC
Joshua J. Sands Trust
Michael J. Sanzere
Mike Sarow
Sarum Race Street LLC
William M. Sasser
SBG Properties Limited
Damian G. & Robin M. Scallon
Schaefer-Busby-Doyle LLC
Una Schaeperklaus &
Rae Skirvin Larimer
James I. Scharf Jr.
Joseph L. Schmithorst
Robert A. Schneider
Christine M. Schoonover &
George H. Verkamp
William T. Schroder
Eric Charles Schuermann
Lucille Schumacher Trust
Robert G. Jr. & Erin Marie Schwartz
Schwartz & Schwartz HQ Limited
P. Robert Schwetschenau
Shelley S. Sciborski
Scottish Rite Bodies of Valley
of Cincinnati Trustees
SDM Properties LLC
SEAL Properties LLC
Joseph J. Segal Trust
Justin A. Servis
Seven West Seventh Inc.
Seventh & Culvert Garage LLC
Kimberly S. Severin
Munir D. Shah
Nikhil N. Shah
Rupa Sharma
Robert W. & Brenda J. Shawver
M. V. Shetty
Deborrah A. Shropshire
Tom R. Shrout
SHV Oil And Gas Holding Company
Jerome J. & Ann C. Siegel
Sixth Street Business Enterprises LLC
SJK Partners LLC
Rae Skirvin
Sky Lofts LLC
Christopher Slater
Eric M. Smith
Andre D. Smith Jr.
Sooncha A. Lee Trust
Southwestern Ohio Capital
Spencer S. & Cara Y. Lee
Lance Albert Sprague
Jason S. Spurgeon
St. John Homes LLC
St. Xavier Church Property Corp
St. Xavier High School Inc.
Marilyn V. Staggs
Eugene J. Stagnaro Jr.
Mark F. Stahl Trust
Andrew H. Stark Trust
Nancy E. & Howard K. Starnbach
Sterling Phoenix Development VI LLC
Andrew H. Stetson
Amanda Stout
Jerome J. Strauss
Donna J. Sturgeon & Chris S. Sterwerf
Stephen Jeffrey & Dorothy C. Sullivan
Jay Switzer
Sycamore and Third Realty LLC
Rafeel Owais Syed
System Property
Taft Museum Of Art
James & Pamela Tagliareni
Talbert Services Inc.
Pete & Tary Paskal Trust
Scott A. Taylor
Tbmg Properties LLC
Tcmh Holdings LLC
Terrace Hotel LLC
Terrace Office LLC
Terrace Retail LLC
Terrapark II LP
Terrapark IV LP
Territory Properties Midwest LLC
The Cincinnati Bar Association
The Contemporary Arts Center
The Garfield House
Limited Partnership
The Greater Cincinnati Foundation
The Kroger Company
The Last Citadel LLC
The Literary Club
The Procter & Gamble Company
Noel A. Thesing
Roger F. Thesing
Third And Main Group LLC
Third Street Associates
Steven M. Thomas
Three East Fourth Inc.
Tisch Properties LLC
TJD Properties LLC
Tollbridge Developer Limited
Torrence Investment Company Limited
Thomas D. & Sherry L. Trebes
Tri-Net Investment II
Tri-State Equities LLC
Peter Charles Tuff
U S Bank Na Trust
United Department Stores
University Club
Upside Down Holdings LLC
Urban Sites Limited Liability Company
URS Tower LLC
Sharon A. Utendorf
Agenmonmen Uwa
Brian J. Valerio
Derek D. Vandeusen
Navid J. Varjavandi
John K. Varner Jr.
Vine Street Hotel Partner LLC
Vine Street Interests LLC
Mary E. Vitaver
Carl W. Vollman II
Eric William Volz
Vulcan Property
Management Company
Edward A. Wagner
Ruth A. Waldeck
Walnut Towers Limited
Meghan M. Watkins
Watson Enterprises Inc.
Vicki J. Webster
Adam R. & Amber E. Weeks
Raymond West
West Fourth LLC
West Third Carpark LLC
West Third Street 10 LLC
Western & Southern
Life Insurance Company
James M. Westfall
Marsha K. Weston & Edward J. Felson
Raymond C. Wetherell
WFJ Broadway LLC
Michael White
White Oak Properties #5
Christopher M. &
Rebecca Nicole Wiedeman
F. D. Jr. & Polly Wilder
Wisdom Nuggets LLC
James M. Wiseman &
Latondra K. Newton
Robert Wissman
WKEM LLC
WMC Group LLC
Carl Woerner
Margaret M. Wolf
Eric E. Wolterman
Woods Real Estate Investments LLC
Franklin D. Wright Jr. Trust
WWWT LLC
Ying Xia
Jon P. Yessin
Roland F. Young
Gregory O. Zaun & Jamie L. Thibert
Jennifer E. Zell
Jeffrey J. & Carol A. Zimmerman
s
downtown
owner
property
s
er
b
em
M
I
DC
Corporate Members
3CDC, Cincinnati Center City
Development Corporation
5th Street Gallery
Acme Lock Inc.
Aim Straight Up
Al Neyer LLC
Allpro Parking
Appointments – The Business Store
Architects Plus
Arnold’s Bar & Grill
Art Beyond Boundaries
Ascribe
Ashley Commercial Group
AT&T Ohio
Baker & Daboll, LLC
Baker Concrete Construction
Barnes Dennig & Company, Ltd.
Bartlett & Company
Below Zero Lounge
BHDP Architecture
BKD, LLP
Block by Block, Louisville
Brandt Retail Group, Inc.
Bridging Broadway
Budco Group Inc.
Burgess & Niple, Ltd.
Cassidy Turley
Castellini Company LLC
Christ Church Cathedral
Cincilingua Inc. International
Language Center
Cincinnati Art Galleries LLC
Cincinnati Arts Association
Cincinnati Bar Association
Cincinnati Bengals
Cincinnati Business Committee
Cincinnati Business Courier
Cincinnati Development Fund, Inc.
Cincinnati Masonic Center
Cincinnati Saints Soccer Club
Cincinnati Stage Employees
Local No. 5
Cincinnati Symphony Orchestra
Cincinnati USA Regional Chamber
Cincinnati USA Regional Tourism
Network
Cincinnati-Hamilton County
Community Action Agency
City Dermatology and Laser
Clark, Schaefer, Hackett & Co.
Colliers International
Greater Cincinnati
Contemporary Arts Center
Contract Sweepers
Cooney Faulkner & Stevens, LLC
Court Street Executive Suites
CR Architecture + Design
CRAVE Cincinnati
Cushman & Wakefield|Cincinnati Commercial, REALTORS
Daymark Realty Advisors
Defining Moments Consulting
Deloitte LLP
Development Strategies Group, LLC
Dinsmore & Shohl LLP
Dressman Benzinger LaValle psc
DTE-CoolCo, LLC
Duke Energy
Duke Energy Center/Global Spectrum
Duke Energy Kentucky, Inc.
DunnhumbyUSA
E. W. Scripps Co.
Empower MediaMarketing
Enquirer Media
Ernst & Young LLP
Fabulous Frames and Art
FastSigns
Federal Home Loan Bank of Cincinnati
Fifth Third Bank
Fifth Third Bank
Broadway Across America
Findlay Market (Corporation for)
Foundation Bank
FRCH Design Worldwide
Frisch’s Restaurants, Inc.
Frost Brown Todd LLC
Fund Evaluation Group LLC
Game Day Communications
Garfield Suites Hotel
GBBN Architects
General Electric Aviation
Glaserworks
Global Novations
GOP Limited
Graeter’s Manufacturing Company
Graydon Head & Ritchey LLP
Greater Cincinnati/Northern Kentucky African American
Chamber of Commerce
Green Recycling Works
GreenSource Cincinnati
Hart Productions, Inc.
Hathaway Stamp Company
Heidelberg Distributing Company
HHB Partners, Inc., Realtors
Hilton Cincinnati Netherland
Plaza Hotel
Hixson Architecture, Engineering, Interiors
Holland Advertising: Interactive
Humler & Nolan
Hunt Club Clothiers Ltd., Inc.
Huntington National Bank
Infinitech, LLC
Inner Peace Holistic Center
Integral Analytics, Inc.
Integrated Research Associates
Izzy’s
JDL Warm Construction
Jeffrey R. Anderson Real Estate Inc.
Katz, Teller, Brant & Hild
KDHK Insurance Agency
Klosterman Baking Company
KMK Consulting Company LLC
KnowledgeWorks
Kolar Design, Inc.
LaVerdad Marketing & Media
Learning Through Art, Inc.
Legg Mason Investment Counsel
Lincoln College of Technology
Lincoln Maly Marketing
LPK Design
Lucy Blue Pizza Cafe
Lynn McInturf Associates
Macy’s, Inc.
Manley Burke
Mark Bowen Media
McKinney & Namei Co., LPA
Mercantile Library
Messer Construction Company
Michael Schuster Associates, Inc.
Midland Company Foundation
Mike & Carol Trotta
Minelco Inc.
Model Group
Moerlein Lager House
National Underground Railroad
Freedom Center
Newport Television LLC Local 12
WKRC-TV and The CinCW
North American Properties
Northlich
NorthPointe Realty
OKI – Regional Council of Governments
Ossege, Combs, & Mann, Ltd.
Over-the-Rhine Chamber of Commerce
Paula Norton Photography
Pepper Construction Company
of Ohio, LLC
Plum Street Cafe
PNC Bank
Port of Greater Cincinnati
Development Authority
Possible World Wide
PricewaterhouseCoopers LLP
R.G. McGraw Insurance Agency, Inc.
Ralph Brislin
Raymond James & Associates
Restaurants Unlimited Inc.
(Palomino Rotisserie and Bar)
Rippe & Kingston
River City Furniture
Riverpoint Capital Management, Inc.
RJE Business Interiors
Saks Fifth Avenue
Sanger & Eby
Scott Knox Attorney At Law
Sibcy Cline Realtors, Sixth Street
Silver Ladle
Sonic Arts Digital Audio Services, Inc.
Sosco Foods, Inc (Freshii)
Southwest Ohio Regional Transit
Authority (SORTA)
Standard Parking & Central Parking
System of Ohio, Inc.
Starboard Strategy
Statman Harris & Eyrich
Stock Yards Bank & Trust
Stout & Gallant
Strauss & Troy
TDA Interiors & Architecture
The Bank of Kentucky
The Bromwell Company (Bromwell’s)
The Carol Ann & Ralph V. Haile, Jr./
U.S. Bank Foundation
The Gym at Carew Tower
The Kroger Company
The Manuel D. and
Rhoda Mayerson Foundation
The Phoenix Restaurant Group
The Preview Group, Inc.
The Procter & Gamble Company
The Reserve at 4th and Race
The Soapbox Salon
The University Club of Cincinnati
The Westin Hotel, Cincinnati
The Yoga Bar
Thesing Real Estate Services, Inc.
think BIG strategies, LLC
Thomas D Heldman CPA &
Associates, Inc.
Thompson Hine LLP
THP Limited Inc.
TJ Maxx
Tony Fryer, Marriage & Family
Therapist/Mediator
Ulmer & Berne LLP
United Way of Greater Cincinnati
UPS Store
Upside Down Holdings LLC
Uptown Consortium, Inc.
Urban Sites Limited Liability Company
UrbanCincy
US Bank, Walnut Street
US Digital Partners
Walter E. Gay, Jr., D.D.S., Inc.
Web Media Expert
Western & Southern Financial Group/
Eagle Realty Group
Whitmer & Company CPAS, LLP
Winegardner & Hammons, Inc.
Wood, Herron & Evans, LLP
Individual & Family Members
Eric Anderson
Mary Armor
Pamela Bailey
Geoffrey Barnes
Jim and Mary Berry
Tom Besanceney
Virginia Blair
Jill Bohl
Damian Bolton
Paula Brehm-Heeger
Kathleen and George Brinkman
David Dawson
Kathleen DuPriest
Greg Edwards
Kimber Fender
Rebecca Ford
Brian Frank
Chad Garrett
David and Pamela Ginsburg
Marshall and Enid Ginsburg
Coralie Ginsburg
Michael and Carol Glotfelter
LaVaughn Henry
Charles Hudson
Thomas Huenefeld
Lisa Kaminski
Steven Kenat
Michael Kennedy
Thomas Kilcoyne
Matthew Lafkas
Susan Lennard
Stephen MacConnell
David Macejko
Katie Meyer
Cammie Montgomery
Daniel Moroski
LaWana Moroski
Mike Moroski
Michael Ohmer
Mark Painter
Rick Pender
John Pestian
Patricia Plonsker
Thomas Powers
Mary Beth Salyers
Kevin Schuitema
Andy Scott
Andy and Kim Stark
Jalea Stowers
Wayne Taleff
Conrad Thiede
Jeffrey Waite
Cynthia Walker
James and Joan Wichman
David Yip
15
MITTEE
M
O
C
D
R
A
O
B
E
EXECUTIV
Mayor Mark Mallory – Honorary Chair
Mayor, City of Cincinnati
Jill P. Meyer – Chair
Member-in-Charge
Frost Brown Todd LLC
Mark T. Reitzes – Vice Chair
Regional President,
Southern Ohio and Northern Kentucky
Huntington National Bank
Michael M. Kennedy (as of April)
Director
ComparaDun Group LLC
John Luken (through March)
Partner
Dinsmore & Shohl LLP
Patricia Mann Smitson
Chief Executive Officer
American Red Cross
LeVon Thompson, Jr. – Co-Vice Chair
(through March)
President and Chief Executive Officer
Foxx Construction, LLC
Christopher Monzel (as of January)
President
Hamilton County Board
of Commissioners
David A. Eshman – Treasurer
Partner
Deloitte LLP
William J. Moran
Senior Vice President,
Corporate Facilities
Fifth Third Bank
Kelley J. Downing – Secretary
President and Chief Executive Officer
Bartlett & Company
Marvin Blade (as of April)
Director, Government and
Community Relations
Duke Energy
Milton R. Dohoney, Jr.
City Manager
City of Cincinnati
David N. Ginsburg
President and Chief Executive Officer
Downtown Cincinnati Inc.
Greg Hartmann
(through mid-January)
President
Hamilton County Board
of Commissioners
Chad Munitz
Executive Vice President,
Development and Operations
Cincinnati Center City
Development Corporation (3CDC)
Jim T. Neyer Executive Vice President,
Real Estate Development
Al Neyer LLC
Julia W. Poston (as of April)
Office Managing Partner
Ernst & Young LLP
Steven P. Richter Assistant Property Manager,
Queen City Square
Eagle Realty Group
Kevin Shibley General Manager
Saks Fifth Avenue
board of
directors
Linda Antus
President
Cincinnati USA Regional Tourism Network
Brian E. Hodgett (through November)
Ohio Government and Community Relations
P&G
Eric P. Avner
Vice President and Senior Program
Manager, Community Development
The Carol Ann & Ralph V. Haile, Jr./
U.S. Bank Foundation
Emilie Johnson (as of December)
President
Over-the-Rhine Chamber of Commerce
Troy Blackburn
Vice President
Cincinnati Bengals
Wayne Bodington
General Manager
The Westin Cincinnati
Chief James Craig
Chief of Police
Cincinnati Police Department
Deborah Dent
President and Founder
Venue 222
Edward D. Diller
Partner-in-Charge
Taft Stettinius & Hollister LLP
Daniel J. Eifert
Senior Manager
Hines
James T. Fitzgerald
Chairman
FRCH Design Worldwide
Karen Forgus
Senior Vice President
of Business Operations
Cincinnati Reds
Terry Garcia Crews
Chief Executive Officer
& General Manager
Metro
David N. Ginsburg
President and Chief Executive Officer
John Baker (through August)
Director of Ambassador Services
Patricia Casey
Administrative Manager
Shelly Fuller
Director of Operations
Gina Gartner
Director of Stakeholder Services
Emilie Johnson (through July 2012)
Vice President,
Marketing and Communications
16
f
staf
Ron Mabry
Operations Manager,
Ambassador Services
Carl L. Goertemoeller
Senior Vice President Real Estate
Macy’s, Inc.
Julie McGuire
Administrative Assistant
Barbara Hauser (as of December)
Ohio Community Relations Manager
P&G
Mindy Rosen
Senior Vice President,
Communications and Marketing
Jill Schiller
Senior Vice President, Operations
Tricia Suit (as of September 2012)
Director of Marketing
David Thomas
(as of September 2012)
Director of Ambassador Services
Dr. LaVaughn M. Henry, Ph.D.
Vice President and
Senior Regional Officer
Federal Reserve Bank of Cleveland –
Cincinnati Branch
Sallie L. Hilvers (through March)
Executive Director,
Strategic Communications
Metro
Kevin Kline
Senior Vice President and General Manager
Horseshoe Casino
Daniel M. Lincoln
President and Chief Executive Officer
Cincinnati USA Convention
& Visitors Bureau
Gary Lindgren
Executive Director
Cincinnati Business Committee
Stephen A. Loftin
President and Executive Director
Cincinnati Arts Association
James J. McGraw, Jr.
Partner
Keating Muething & Klekamp PLL
Peg Moertl
Central Territory
Executive Senior Vice President,
Community Development Banking
PNC Bank
Rick Pender
Vice President,
Development and External Affairs
Planned Parenthood
Sean Rugless
President and Chief Executive Officer
Greater Cincinnati/Northern Kentucky
African American Chamber of Commerce
Wm. John Ryan
Greater Cincinnati – Northern Kentucky
Complex Manager
Senior Vice President, Investments
Raymond James & Associates
Ryan M. Rybolt
President
Infintech, LLC
Carl Satterwhite
President
River City Furniture
Jodi Schmidtgoesling
Chief Client Officer, FMCG
Possible
James Sluzewski (through March)
Senior Vice President,
Corporate Communications
and External Affairs
Macy’s, Inc.
Ashley Strehler
Assistant Vice President,
Director of Commercial
Property Management
Eagle Realty Group
Stephen Taylor
District Manager and Vice President
U.S. Bank
Robert C. Reifsnyder
President
United Way of Greater Cincinnati
Conrad Foster Thiede
Director of Planned Giving
and Special Campaigns
Cincinnati Symphony Orchestra
Jason Riveiro (through November)
Senior Marketing and
Public Relations Manager
LaVerdad Marketing & Media
Brian L. Tiffany (through March)
President
Over-the-Rhine Chamber of Commerce
Gwen L. Robinson (through March)
President and Chief Executive Officer
Cincinnati-Hamilton County Community
Action Agency
Rod Robinson (through April)
Founder and Chief Executive Officer
ConnXus
Brian A. Ross
President and Chief Executive Officer
KnowledgeWorks
Ellen G. van der Horst
President and Chief Executive Officer
Cincinnati USA Regional Chamber
Stanford T. Williams, Jr.
Vice President, Economic Inclusion
Messer Construction Company
Mark P. Woodruff
Vice President/Market Development
Enquirer Media
Patricia A. Zerbe
Manager, Community and
Government Relations
General Electric Aviation
17
35 East Seventh Street, Suite 202
Cincinnati OH 45202
513.421.4440
downtowncincinnati.com
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