Top Banner
Community & Economic Impact Report MAIN STREET MOMENCE
29

MSM 2010-11 Economic Impact Report

Dec 04, 2014

Download

Business

Lisa Wogan

2010-11 Economic Impact Report for Main Street Momence, a preservation-based economic development program located in Momence, Illinois
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: MSM 2010-11 Economic Impact Report

Community &Economic Impact Report

FY 2010-11

MAIN STREET MOMENCE

Page 2: MSM 2010-11 Economic Impact Report

MSM MissionTo preserve & promote the historic, cultural, social & economic

vitality of downtown Momence and to foster a spirit of community teamwork that will result in

a vibrant & inviting downtown district.

Main Street Momence is a 501c3 volunteer-driven, preservation-based economic development program.

Page 3: MSM 2010-11 Economic Impact Report

MSM 2010-11 Board of DirectorsPresident Lisa M. Wogan - Upper Crossing Communications

Vice-President Jane Johnson - Apothecary ArtsSecretary Fran Moseley - Whole Kit & KaboodleTreasurer Janet RosenbrockPast President Fran LeBeauDirector Steve Gross - Sensei Steve's Karate CenterDirector Monica Maronich - Riverside Medical CenterDirector Terrell Osborne - Baker & TaylorDirector Connie Perdue - Serendipity Candles & Gifts

Ex-Officio Larry Williams, Kankakee Co. Convention & Visitors BureauEx-Officio Steve Puglise, Ward 4 Alderman, City of Momence

Staff Janine Gubbins Loftus – Executive Director Mary Shanahan – Executive Assistant (part-time)

3

Page 4: MSM 2010-11 Economic Impact Report

2010-11 MSM Program Goals Improve internal communications

Continue building cooperative partnerships to improve downtown safety and sustainability, encourage code enforcement & develop a long-range plan for the district

Continue building program capacity, e.g. human resource, fund-raising, organizational and intellectual development

Join regional economic development alliances as appropriate, e.g. Kankakee River Roundtable

Support and promote the value of entrepreneurism

Develop means of strengthening MSM’s volunteer and financial partner base & increasing visibility of volunteers

Lay groundwork for developing a long-range strategic plan for Main Street Momence

4

Page 5: MSM 2010-11 Economic Impact Report

New Projects 2010-11 Downtown Master Plan Momence Community Survey, generating

150+ responses Browse & Bunch retail promotion during

Gladiolus Festival Volunteer Appreciation Day at Hidden

Cove Family Fun Park

MSM also continued to administer the following quality projects:

Façade Grant Program, Downtown Excellence Awards Program, Community Banner Program, Buzz 4 Biz business seminars, Dixie Daze Celebration, Cruise Nights, Bordertown Hauntings, Christmas Gathering, Downtown flower maintenance & decorations, flower baskets on the Island Park walk bridge, Downtown Beautification Day, Historic House Museum cottage garden maintenance and more.

5

Page 6: MSM 2010-11 Economic Impact Report

2010 Downtown Year-end Snapshot

6

Page 7: MSM 2010-11 Economic Impact Report

“In an economic climate best described as grim, there were eight new businesses started in the Main Street zone in 2010. Two closed. Seventeen new full-time jobs were added. Four were lost. There were 31 part-time jobs added.

“Now the addition of 13 jobs will scarcely show up in Kankakee County statistics … but it shows what can be done. While many think of the large, sweeping solutions, the tiny step may be the critical one.

“Main Street Momence is really a whole bunch of ideas wrapped into one office … and it’s working.”

Daily Journal editorial, September 21, 2011

7

Page 8: MSM 2010-11 Economic Impact Report

Volunteer Hours 2010

5,079 volunteer hours =

$107,116.11*

27,828 volunteer hours = $586,892.52*

Investment over the past 6 years

*As prescribed by independentsector.org. In 2010, the average value of a volunteer

was calculated to be $21.09/hour. 8

Page 9: MSM 2010-11 Economic Impact Report

Budget & Income 189 Total Partners

49 businesses, civic organizations, taxing bodies including:

-Momence School District-Momence Park District-Momence Fire Protection Dist.-City of Momence*-Ganeer Township-Momence VFW-Momence American Legion-National Animal Welfare Society

140 Individuals*$6,200 approved in 2009 to be disbursed by City for

beautification projects /visual improvements downtown

$90,000 Income Breakdown

33%

22%

45%

Individuals & Businesses

Sponsorships & Grants

Special Events & Fundraisers 9

Page 10: MSM 2010-11 Economic Impact Report

2010-11 Financial Partners$5,000 - $10,000Van Drunen Farms

$1,000-$4,900Baker & Taylor CoBerkots Super CenterGaneer TownshipMomence Packing Co.Sherwood Electric, Inc.Silva International

$500-$999Applied Mechanical Tech.First National Bank of

Grant ParkFlanders PrecisionaireMomence Chamber of

CommerceMomence StorageRiverside Medical CenterKankakee County Convention & Visitor’s

Bureau

$250-$499Bukowski Fazio InsuranceCotter Funeral HomeDr. Chris Ching D.D. S.Gilster Mary Lee Corp.G & J ConstructionMomence Pallet Corp.Rob & Kirsten BishirRobert & Emily CarrollJack & Sally DornState Rep. Lisa DuganBob ReisingStan & Connie Zelhart

$100-$249American Legion Post 40Apothecary Arts & Antiques/Serendipity

CandlesBroken Art RestorationC & C’s Kanga RoofDandurand GreenhousesDoc’s DrugsFour Stars Plumbing

ServicesGood Shepherd ManorGreater Momence Fire Protection DistrictFord & Son ConcreteH & R Block H & R Jacobsen TruckingKathy Morris InsuranceKing MusicThe Whole Kit & KaboodleLeonard Wisniewski

Architect Momence Funeral ChapelMomence News AgencyMomence School District

Unit 1 Patrick M. Zugg Insurance Sensei Steve Karate CenterSteele Collision Repair

CenterThe Farmer’s DaughterV.F.W. Two Rivers Post 7535Wikstrom ManorYanni’s on WashingtonGerry & Cathy AbbottLavella ArpRoger & Anna Mae Bennett

Scott & Jennifer BilladeauPaul & Cindy BradleyHarold & Nadine ClemPat CryerJohn CullinaneOllie & Candi DornPaul & Dollie Du MontelleBill & Phyllis GilbertJeff & Daphne GravesLois HessJim & Marlene La MotteBob & Judy LanevilleFran Le BeauSteve & Janine LoftusMarilou Martin Stacy Mancke & B.J. JohnstonHernan MaldonadoWalter & Carol MartensMarilou MartinBerry & Joanne Mc CrackenJohn & Mary MinnichHelen O’CullGlen & Heather OosterhoffDon PackardJohn & Juliette ParishDennis & Shirley ReamanJohn & Ellen RehmerRichard SalzmanNancy SimpsonLen & Leigh Ann SokoloffClyde TorpJim & Nancy VickeryJim & Lisa Wogan

Gary & Cyndi DennyMatt & Nicole FordDale & Linda FreemanBernice GormanColey & Kera HalpinRandy & Carol HarrisonForrest & Opal HartmanRoger & Gayle HessJoan Hardy HesterJean HollowayDave & Rita HornKeith & Kim HornRon & Phyllis JensenJack & Jean JuddCol. James & Martha KaslerGarland & Pat La GesseMike & Kathy LambertDean & Carol LarsonRich & Kay LaueTom & Kris MadisonCarol MadsenCatherine MatthiasVerna Mc LeanSharon La MotteTim & Denise La MotteVerna Mc LeanCheryl NormanAnne OakesJack & Maxine O’BrienMarilyn OstrowTed & Betty PetersenFrank & Roberta PiekarczykRick & Carol PrestonJackie ProudfootHermilia RamirezDenny & Cindi ReddishRuth RehmerEd & Mary ShanahanCatherine SimpsonBob & Rebecca SiskMike & Rhoda SmarjesseGladys SpieringBill & Sue SpoonDonald Steele Jack & Marcia TedfordKathie ThiesenJohn & Shlinda TrudeauJim & Dawn WillbargerMarie WillisMike & Brenda WilsonJerry WilsonHeather Zelhart

$50-$99 Alley CutsChina WokMomence Bottle Gas Co.Velda CaseJeff & Trisha CavenderTom & Donna CirksBob & Mary Ann FordGreg & Sandy GelinoPaul & Janice GelinoBill & Amy GolyshkoErnie & Pat HartCarolyn Hanson HeaterKirt & Debbie HendrickBarbara HendrixJohn & Joanne HermannCharlie & Wilma HessHarold & Charlotte JohnsonEsther JohnstonJohn & Susan JungenMarty KochBev LarsonPaul & Jeanne MarcotteGerry & Loretta Mc FaddenMargie Mc KeeChrista MetcalfBill & Phyllis MunyonDon & Marian MurrayDave & Kathy NelsonSteve & Celeste PugliseJan RomeJanet RosenbrockMatt & Kendra SandstromBob & Dawn SharkeyCatherine Parish SkuraGene & Judy SnappTyler & Nadine Tedford

$25-$99Donna AndersonDon & Bonnie BaldwinBruce & Nadine BlanchetteJim & Lola Jean BrinkDave & Debbie BrownRandy & Jackie BruhnDon & Darlene BukowskiChuck & Phyllis BurwellJohn ButterfieldDave & Mary CantwellDavid Cook

10

Page 11: MSM 2010-11 Economic Impact Report

2010-11 SponsorsSpecial EventsVan Drunen FarmsSherwood ElectricFlanders PrecisionaireBaker & Taylor Co.Momence StorageMomence Chamber of CommerceDorn FarmsRiverside Medical CenterFirst National Bank of Grant ParkTony’s Repair Firehouse 28 CaféMomence MeadowsOrr GrainHoppel Body ShopAllen LumberBukowski/Fazio InsuranceProvena St. Mary’s HospitalC & C Kanga RoofCotter Funeral HomeMunicipal BankMomence PackingApplied Mechanical TechnologySteele Collision Momence Pallet CorporationPhil & Connie SmithState Rep. Lisa DuganMomence Bottle GasHomeStar BankCentrue BankJohnny Angel’sSensei Steve’s Karate CenterSuper Mercado El RioKathy Morris Insurance

Ford & Son ConcreteMomence Funeral ChapelG&J ConstructionMomence School District PTODoc’ DrugsUpper Crossing Communications

Beautification SponsorsBannersAllied Waste Services Applied Mechanical TechnologyApothecary ArtsBaker & TaylorBerkot's Super FoodsBurger KingCity of Momence Costin, Hammel & Leake, L.L.C.Cotter Funeral Home Dionne’s GalleryDoc’s PharmacyDorn FarmsFirst Baptist Church of MomenceFirst National BankFlanders PrecisionaireFord & Sons ConcreteFutureCeuticalsG & J ConstructionGood Shepherd ManorH & R Jacobsen, Inc.Kankakee County Convention

& Visitors BureauKankakee Community CollegeMomence Chamber of CommerceMomence Storage

11

Richard’s TapRiverside Medical CenterSherwood ElectricSilva InternationalSouth Shore Golf CourseSpeckman RealtySteele CollisionStonecrest ManorSubway SandwichesTK ManufacturingVFW Post 7535Van Drunen Farms Zugg Insurance Services

Flower BasketsVan Drunen FarmsLavella ArpAnna Mae BennettBrenda SweeneyRita Bregenzer OrthGeri JohnsonMarleen TurrellPrairie’s MemorialsCotter Funeral HomeBruce & Eileen CrooksElaine SaindonKeith, Kim & Faith HornDorn FamilyEdie DukeTom & Donna CirksJan RomeConnie ZelhartEd & Mary ShanahanRoger & Gayle HessDick & Ric Holloway

Sheila KlameckiThe Kukucka FamilySharon LaMotteMargie McKeeMomence DepotAmbrosa & Linda BoudreauViolet (Schomer) NewtoffMaxine & Jack O’BrienHelen K. O’CullJim & Connie PineBob ReisingSherwood Electric Inc.Donna J SeggebruchSouthside StorageJim SpiethRosella SpoonBob & Mary Ann FordLolita StuderWikstrom ManoBeverly LarsonJoyce A HibbsSherrie YoungMargo GrantMarie Willis

Rural Heritage MuralSilva InternationalApothecary Arts

In-kind SponsorsProgress ReporterMomence Park DistrictBill GuertinLeriger SignsCrocker’s Coach

Nana’s CakeryYanni’s on WashingtonWikstrom ManorGilster Mary LeeTony’s Tasty Pastries

Page 12: MSM 2010-11 Economic Impact Report

Grants Awarded to MSMAmount Year

IMS Technology Grant $500 2006

Kankakee Kultivators $750 2006

Wal-Mart

Community Grant

$1,000 2007 & 2009

ComEd

Transformation Grant

$4,000 2007

Kankakee Community Foundation Grant

$1,000 2007

Kankakee Kultivators $1,000 2007

USDA Rural Development Grant

$99,000 2009

Kankakee Community Foundation Grant

$4,000 2010

Wal-Mart Comm. Grant $500 201112

Page 13: MSM 2010-11 Economic Impact Report

Downtown Momence Master PlanA comprehensive development guide produced by Lakota Group of Chicago for Momence’s four-square-block traditional business district, adjacent riverfront property and parks, and select gateways

Joint effort with City of MomenceMade possible through private grant fundingAdministered by Main Street Momence; overseen by

24-member Downtown Master Plan Steering CommitteeReport will include: Existing condition evaluation, improvement plan options, implementation & funding strategies, streetscape renderings & signage design optionsProjected project completion: March 2012

13

Page 14: MSM 2010-11 Economic Impact Report

MSM Facade Grant Program $10,000/year allocated

Funded by Van Drunen Farms

27 grants awarded for facade rehabilitation and signage/awnings since 2005 program inception

TOTAL Awarded =

$37,470 TOTAL Reinvestment

Spurred in 2010-11 =

$58,92114

Page 15: MSM 2010-11 Economic Impact Report

Fac

ade

Gra

nt R

ecip

ient

Bre

akdo

wn

2010

-11

high

ligh

ted

Dance in the Light Signage & lighting

Jane Johnson/Jensen Drug Store Restoration of 2nd story windows

Fox Power Equipment Awnings

Mick & Nancy Porter Removal of false front, tuck pointing, repairs and paint

Bailey Brothers Repair brick, tuck point, wood repair, paint

Hong Chen (China Wok) Signage

Pat Zugg Awnings & signage

Momence Theatre Friends Cleaning, tuck point brick, caulk windows

John Valaveris/Yanni’s Painting façade, new awning & sign

Jane Johnson/Daylight Corner bldg. Replace storefront window

Steve & Celeste Puglise Prepare, tuck point and paint building

Jane Johnson/Jensen Drug Store Prepare and tuck point building

Momence Theatre Friends Prepare and tuck point west stage house

Scott Billadeau/New Trail Outfitters Prepare, tuck point brick, replace brick

Travis & Christine Griggs Replace lintel & sills, extensive brick repair and replacement

Zeglis Building Paint, window replacement, door refinishing

Johnny Angels Signage, façade work

Momence VFW Tuck point brick and paint trim/cornice

NAWS/Whole Kit & Kaboodle Window graphics

Kathy Morris Insurance Remove old paint from brick/cornice, power wash, prime

American Legion Rehab windows, paint cornice, tuck point brick

Progress Reporter Replace historic brick

Firehouse 28 Cafe Sumbrella awning

Off the Vine Awning, window graphics, rear façade rehab

Yanni’s Door replacement (Pending)

Richard’s Tap Restore windows/door, paint, restore Vitrolite glass (Pending)

H&R Block Restore woodwork, transoms, windows, paint (Pending)

15

Page 16: MSM 2010-11 Economic Impact Report

Facade Grants 2010-11

16

Page 17: MSM 2010-11 Economic Impact Report

Low-interest Loan Program In August 2009, Main Street Momence was awarded a $99,000 USDA Rural

Development Grant. Kankakee County provided $50,000 as the local match for the revolving loan fund. The program is overseen by a dedicated committee.

Goals of the Main Street Momence Revolving Loan Program will be: To serve as an incentive for economic development in the downtown core To serve as a low-interest, gap financing source To retain employment in the downtown district To stimulate commercial activity in the downtown district To provide financing to business owners for a variety of needs, including

repairs, equipment and building maintenance To recruit business and create jobs in the downtown commercial district

Distributions to Date 6 loans approved 5 @ $15,000 1 @ $8,000

$83,000 distributed$66,000 available

(as of 10-25-11)

17

Page 18: MSM 2010-11 Economic Impact Report

“Main Street Momence had laid much of the groundwork necessary to be considered for the U.S. Rural Development Grant. Their investment in the Greenburg Development Study and their pursuit of a National Register of Historic Places designation placed them in serious contention for this competitive funding.

“One of Kankakee County’s most active, engaged and effective non-profit organizations, Main Street Momence is a vital partner in the regional economic development landscape.”

-Mike Van Mill, Economic Alliance of Kankakee County18

Page 19: MSM 2010-11 Economic Impact Report

19

The Daily Journal, October 2, 2010

Page 20: MSM 2010-11 Economic Impact Report

Education & Networking

“The Marketing seminar that Main Street Momence hosted at Johnny Angel’s in 2010 was unbelievably valuable. I’ve paid thousands of dollars for training of that caliber.”

-Steve Gross,Sensei Steve’s Karate Center

20

Page 21: MSM 2010-11 Economic Impact Report

MSM Downtown RevitalizationExcellence Awards 2010-11

Volunteer of the Year – Connie Zelhart

Rookies of the Year - Monica Maronich & Dennis Reaman

Hall of Fame Inductee - First National Bank of Grant Park

Strategic Partner – City of Momence

Community Partner - Momence Park District

Best Business Neighbor - Fran Moseley, The Whole Kit & Kaboodle

Best Dressed Window Year Round - Serendipity Candles & Gifts

Outstanding Signage - Firehouse No.28 Café

Les DuMontelle Award of Excellence

for Downtown Building Renovation – New Trail Outfitters

President’s Award – Outstanding Public Art Project:

Jane Johnson & Silva International, "Rural Heritage" mural.21

Page 22: MSM 2010-11 Economic Impact Report

Value of Special EventsEVENT ATTENDANCE $ SPENT/

PERSON

TOTAL

SPENDING

ECONOMIC IMPACT*

Christmas

Gathering

1,000 $25 $25,000 $37,500

Dixie Daze 1,500 $25 $37,500 $56,250

Cruise Nights 900/summer $10 $9,000 $13,500

Bordertown

Hauntings

1,000 $10 $10,000 $15,000

TOTAL ECONOMIC IMPACT OF MSM EVENTS $122,250/year

*Economic Impact = Total Spending x City Multiplier (Kankakee Co. is 1.5). Source: Kankakee County Convention & Visitors Bureau.  22

Page 23: MSM 2010-11 Economic Impact Report

Value of Promotion = Enhanced Community Image

32,000 posters, flyers, post cards & brochures are distributed annually throughout the region

25-30 radio commercials 25-35 print ads  10-15 public service announcements Regular regional print media featuring stories on MSM

events and programs Monthly WKAN radio show appearance Internet and social media presence Physical office serves as info. center

23

Page 24: MSM 2010-11 Economic Impact Report

Value of Beautification Improved quality of life More attractive surroundings Increased levels of civic pride

and community involvement Increased property values Increased retail sales Increased tourism Improved community image Decreased vandalism

24

Page 25: MSM 2010-11 Economic Impact Report

Value of Information Greenburg Downtown Market Study Façade design renderings & technical reports Downtown reinvestment stats resource Preservation library site Preservation contractors data source Local history resource Preservation tax credits resource Source for locating historic materials Economic development resource to other small

communities in Kankakee County New Business Packet – (Early 2012) Building & Business Inventory

25

Page 26: MSM 2010-11 Economic Impact Report

IHPA Design Rendering Sample

26

Page 27: MSM 2010-11 Economic Impact Report

2011 MSM State Assessment In July, Illinois Main Street representatives visited Momence to meet with MSM staff and volunteers, downtown building and business owners, and local officials. They then assessed MSM against the National Trust Main Street Center’s 10 criteria for Main Street programs nationwide. MSM met or exceeded in all areas. Feedback for improvement in key areas is being considered by the Board and committees.

Broad-based public & private supportVision and mission statementsComprehensive work plansHistoric preservation ethicActive Board of Directors and committeesAdequate operating budgetPaid, professional executive director/staffOngoing training for MSM staff and volunteersReporting of key reinvestment statisticsCurrent membership with National Main Street network

Complete report to be posted at MSM website and available upon request.

27

Page 28: MSM 2010-11 Economic Impact Report

Cost of Failure to Invest Downtown Neglect & blight Loss of property values Reduced customer base Job loss Sales tax revenue decline Reduced economic development Increased crime Residential flight Lost potential to leverage

Momence’s largest and most influential commercial district

The MSM Design Committee oversaw the highly successful banner

sponsorship project in 2010-11.A total of 41 “Welcome to Historic

Momence” banners are now posted.

28

Page 29: MSM 2010-11 Economic Impact Report

Main Street Momence

“…because Downtown is everyone’s neighborhood”

103 N. Dixie Hwy.Momence, IL 60954

815-472-3861815-472-3888

[email protected]