2016 ANNUAL MEETING LUNCHEON
STEVEN BLUMENTHAL Chairman of the Board of Advisors, MBAF CPAs LLC
MICHAEL TURNER Chairman of the Nominating Committee, Burton Trent Public Affairs, LLC
ANNUAL ELECTION OF THE BOARD OF ADVISORS
13 NOMINATED FOR ELECTION To a full three-year term expiring 2019 Sally Altman AJ Bassani Mark Bocchieri Bob Ceberio Elisse Glennon Lori Grifa Gary Hanson Fred Hirsch Anthony Iovino Pat McGowan Scott Porter Frank Recine Tom Rybak
Holiday Inn – Hasbrouck Heights Meadowlands In Thyme Catered Events Verizon Communications RCM Ceberio, LLC NJ Sharing Network Archer & Greiner P.C. Triple Five Worldwide Comfort Guard Contracting, LLC Arcari & Iovino Architects, P.C. McGowan Builders Fischer Porter & Thomas, P.C. Newmark Grubb Knight Frank TM Rybak & Associates
1 Nominated for Election to an unexpired two-year term expiring 2018 Steve Jarossy
TD Bank
Nominated for Election to an unexpired one-year term expiring 2017 Karen Davis-Farage Pole Position Raceway
STATE OF THE MEADOWLANDS
CORE VALUES
BOARD OF TRUSTEES
Chairman Fletch Creamer J. Fletcher Creamer & Son
Rich Branca Bergen Engineering
Vice Chairman Bill Hanson NAI James E. Hanson
Dominick D’Agosta Former Senior Banking Executive
Alex Klatskin Forsgate Industrial Partners
Jim Napolitano James R. Napolitano
John Saraceno Onyx Equities
Senator Anthony Scardino Jr.
Peter Unanue Goya Foods, Inc.
Former Mayor & NJ Senator Anthony Scardino & Associates, Inc.
Ed Russo Russo Development
AN ECOSYSTEM OF ECONOMIC OPPORTUNITY Home to the largest business growth & GDP in New Jersey SmartAsset (Hudson & Bergen Counties)
QUICK STATS
43,075 Establishments
450,605 Employees
Total Population: 968,765 people Median Household Income: $70,000 Labor Force: 450,000 people Number of Businesses: 43,000 Office & Industrial Space: >25 million square feet in the Greater Meadowlands region (excluding Jersey City which has 14.5 million square feet). Over 40 million square feet in total throughout the region
968,765
Total population of the Meadowlands (median age 38.15 years)
450,000
Greater Meadowlands labor force
RETAIL
MANUFACTURING
PROFESSIONAL, SCIENTIFIC, TECHNICAL SERVICES
Establishments
29,725
4,262
1,645
35,183
31,428
6,054
55,221
Jobs
983
EDUCATION
VISION 1976
VISION PLAN 2016 Multiple Venues that Compliment Each Other
DESTINATION DEVELOPMENT = ECONOMIC DEVELOPMENT Building Transport Networks
The Catalytic Impacts of
Attracting Strategic Events
DESTINATION PROMOTION
Raising Quality of Life
Raising Destination Profile
Source: Oxford Economics (2014) “Destination Promotion: An Engine of Economic Development”
HOW DOES TOURISM BENEFIT THE MEADOWLANDS-LIBERTY REGION? By Promoting a Healthy Job Market • Nearly 2% of all Bergen & Hudson county Employment can be attributed to ML Tourism • Tourism-initiated job gains grew 4.9% By Directly Benefiting Area Businesses • Visitors generated top-line revenue totaling $745 million benefiting a broad array of ML area businesses By Capturing and Retaining the Expenditures Made By Visitors • For every $1 spent by ML visitors, the local economy benefits by $1.03 • Visitors spent $218 million on accommodations, $145 million on food & beverage, $84 million on shopping, $81 million on entertainment and $197 million on transportation
MLCVB PLAYS KEY ROLE IN KEEPING FIELDSTATION: DINOSAURS IN THE MEADOWLANDS
MEETINGS & CONVENTIONS Presents the MLCVB with the 2016 Gold Service Award for Consistent Excellence in Serving the Meetings Industry
MEADOWLANDS PUBLISHING
• Online readership of MUSA is up 50% over 2015, and UP 400% over 2014
• 120 Member-contributed bylined articles in 2016. This is UP 15% from 2015. We’ve set a goal for 135 member-contributed bylined articles in 2017.
• Continuing to see steady increase in both print & digital advertising • Direct-mail print circulation has increased by 50%
www.MEADOWLANDSUSA.com
LEVERAGING TECHNOLOGY • New in 2016: Launched Webinar Series • Covering topics aimed to help you power your business
Tell us your topic! WEBINAR SERIES
TOTAL NUMBER OF REFERRALS IN 2016
3,801,376
WEBSITE BUSINESS REFERRALS
10,358
AVERAGE EVERY DAY
2,069
EACH MEMBER AVERAGED
PUBLIC AFFAIRS – ADVOCACY
652
641
11
NEWS ARTICLES
PRINT / ONLINE ARTICLES
TV BROADCAST STORIES
EARNED MEDIA FROM ADVOCACY OUTREACH
OVER $770,457
57 EVENTS IN 2016
CLOSE TO 5,000 EVENT ATTENDEES IN 2016
DEMOCRAT FOR GOVERNOR Phil Murphy
BERGEN COUNTY FREEHOLDERS Chairman Steven A. Tanelli Vice Chair Tracy Silna Zur
OPPORTUNITY NJ Thomas Bracken Michele Siekerka
• Sold out in 2015 • 100 exhibitors • Over 550 attendees
COMMUNITY CATALYST
BASKET BRIGADE
RAISED $12,600 OVER 300 BASKETS DONATED
2015 HOLIDAY PARTY DRIVE “Giving the Gift of Warmth”
120 ITEMS DONATED TO THE BERGEN COUNTY HOUSING, HEALTH & HUMAN SERVICES CENTER
RAISED CLOSE TO $10,000 BENEFITING
RACING FOR A CAUSE
$1,200 RAISED FOR THE NJ SHARING NETWORK
A PROUD SPONSOR
EVENTS RAISED
$17,000 FOR
School Supply Drive
OVER 130 ITEMS COLLECTED FOR THE MEADOWLANDS AREA YMCA
EMPLOYEE BENEFITS & WELLNESS COMMITTEE SOCK DRIVE
Over 2,000 SOCKS DONATED TO THE BERGEN COUNTY HOUSING, HEALTH & HUMAN SERVICES CENTER
INDUSTRY INVOLVEMENT & AFFILIATIONS
MEMBERSHIP ANNIVERSARIES
41%
CURRENT MEMBERSHIP 5-9 YEARS
10%
CURRENT MEMBERSHIP 10-14 YEARS
21%
CURRENT MEMBERSHIP 15+ YEARS
Members of the Month
MARCH
MAY
JANUARY
APRIL FEBRUARY
JULY SEPTEMBER
AUGUST JUNE
OCTOBER
3 FINALISTS