RAMAC Annual Report 2021

Page 1

2021

ANNUAL REPORT


Thank You

We would like to thank all the businesses that provided our students with Youth Apprenticeship opportunities this past school year. The success of this program would not be possible without the partnership between Racine Unified, RAMAC and the Racine Business Community. For over 27 years the Wisconsin Youth Apprenticeship (YA) Program has provided Racine Unified high school students with academic and work experiences and skills that lead to both a high school diploma and a Certificate of Occupational Proficiency in a specific career cluster.

For more information about the Youth Apprenticeship program, please contact Jeff Bergman at jbergman@racinechamber.com or at (262) 497-0202. ABS Advocate Aurora A&E INC. Andis Company Ascension All Saints AST Logistics Badger Meter Batten Field Bear Country Best Buy Blue Beacon Boucher Chevrolet Buddy’s Sports Grill Buffalo Wild Wings CCB Tech CG Schmidt Charcoal Grill Chick-fil-a CNH Compass Group CSYMX Inc. Culver’s Delta Hawk DeRango’s - Kenosha Dunkin Donuts Educators Credit Union Farm & Fleet Ferraro’s Pizza Festival Foods Fischer USA Inc. Floyd’s Towing Flowers by Walter

Georgie Porgie’s Good Value Pharmacy Goodwill Industries Gordan Food Service Hardee’s Harris Golf Cars Home Depot Home Harbor InSinkErator J&S Concrete Johnson Financial Jose’s Blue Sombrero Journeys Knapp Manufacturing KFC Kwik Trip Little Caesar’s Marcus Theatre McDonald’s Mike & Angelo’s Modine Manufacturing Oak Ridge Care Center O & H Bakery Panera Parkview Gardens Assisted Living Partners in Design Party City Pick N Save Pico’s Tacos Piggly Wiggly Pleasant Point Porcaro Ford

This ad was made possible with support from the Wisconsin Youth Apprenticeship Grant

2

Racine County Racine County DA Racine Public Library Racine Unified School District Racine Metal Fab Red Lobster Reliance Controls Rocky Rococo’s Rogan’s Shoes Rue 21 Saint Monica’s Sheepish Body of Knowledge Siena on the Lake Starbucks Subway Superior Industrial Coating Tangles Salon Target Texas Roadhouse Timer’s TJ Maxx Tri City Bank Tropical Tan Twisted Cuisine Unidine Walgreen’s Walmart Wendy’s Willkomm’s Mobil Woofdorf-Astoria Yogi Bear Jellystone Zierden Company


Matt’s Message Racine Area Manufacturers and Commerce spent much of 2021 regrouping and growing as we all moved from a pandemic-rocked world to one searching for the new normal. I’m proud of that growth – new members joined our strong base of committed members; we provided more training either virtually or in-person, and we continued to be a resource to companies still managing the after-effects of COVID -19 and all the attendant challenges. We are proof that you can come out stronger “on the other side” through hard work and the support of others. This annual report is meant as a big Thank You to our members. As a not-for-profit, we depend on sponsorships, donations, attendance, and the good things you say to others about your chamber of commerce. The various graphics and charts found throughout these pages are our report to you as proof we are good stewards of your investment. Our finacials show that we are in a strong position. We will continue to be the voice of Racine’s business with your continued support of our efforts. This all begins and ends with our members. This is clearly not a one-man show. Our board of directors and committees have continued to give direction to allow us to grow in long-established ways and to create innovative ways to help RAMAC be that resource for businesses in Racine. I can’t thank them enough. And where the rubber hits the road, the RAMAC staff continues to make it all happen. Every event, every report, every member interaction is the result of the good (and hard) work of your chamber staff. I am proud of my team for putting members first. Thanks to all for helping us grow in this transition to a new normal, wherever that may take us, and I know we will have more good news as we enter our 40th year in 2022 stronger than ever!

Matt J. Montemurro President/CEO

RAMAC Board of Directors Mark Behrens Johnson Financial Group

Randy Ekern InSinkErator

Jody Muniz Family Strong Wellness

Patrick Booth CCB Technology

Judy Gavigan Ascension All Saints

Doug Nicholson The Nicholsworth Group

Ryan Brath Fisher USA

Scott Hess CliftonLarsonAllen

Dean Popek Racine Metal Fab

Dominic Cariello All Integrated Solutions

Jeff Knutson Burlington Graphic Systems

Liz Powell Racine Community Foundation

Torben Christensen Wiscon Products

Jim Ladwig SC Johnson

John Warren Warren Eye Care

Rob Ducoffe University of WI Parkside

Steve Langer Modine Manufacturing

Brian Weaver CNH Industrial

RAMAC is Racine’s Business Champion serving as a voice representing the common interests of every organization in Racine - small and large, industrial and retail, for profit and nonprofit. In support of its broad and diverse membership base, RAMAC offers a variety of pro-business and pro-community programs and initiatives. These programs aim to improve the business climate and vitality of the greater Racine area.


Nurturing Powerful Relationships Why all the celebrations and events? Because sharing a bite, having a sip of something and talking face-toface is the speediest way to start a new relationship – or enjoy an established one. Laughing helps too. So our Business Blenders, signature events and ribbon cuttings are designed to help you find your next supplier, your next service provider or your next friend.

5

Ribbon Cuttings celebrating new locations and new places open for business!

8

Business Blenders with an average of people attending.

68

42

participants attended Leadercast Women. This virtual event showcased keynote speakers and presented leadership videos.


Developing Stronger Leaders The most important work we do? It’s the thing that has the biggest impact for our businesses and our community: Developing the next generation of leaders. Our training curriculum offers an opportunity at every career stage. Fresh out of school, new to the community, supervisor, informal or formal leaders all have training options at RAMAC.

Youth Apprenticeship Students:

185

Leadership Racine

had

12 Graduates in it’s 23rd year! The Frontline

Leadership Series

3 sessions with 37 participants from 19 companies.

held

Business Matters Chats

were held virtually for members to meet with local leaders and held

5 17

sessions

with an average of attendees.

Amplifying Your Voice Whether it’s having the chance to express your opinion or ask a question, your voice is important. It’s why we sponsor our annual Government Leaders breakfast. It’s why we host virtual Business Matters Chats and why we create ways to give members the opportunity to speak, and listen, to local leaders. We also have your back, representing your interests by sharing our voice. A letter of support for small business grants, an Op-Ed in the local newspaper, even Certificates of Origin are our ways of supporting your work and managing your growth.


Helping You Grow Part of your member benefits include widening your sphere with opportunities to access other members and use our tools to grow your market. Some put you in the spotlight, others have been used to directly market to other members. Still others broadcast their events and news through our email newsletters and social media posts.

Facebook Page Reach:

3,324

Member2Member E-Newsletter:

Page Visits:

Newsletters Published with a

10

1,833

23.8% Open Rate

New “Likes”:

138

$

t

(Business Industry Average rate is only 20.8%)

single post on social media about Carriage House CA$H MOB

A the

2,389 168

reached over

viewers and influenced

Reactions, Comments, and Shares.


Growing Our Own Raising our own capabilities was an element of our longer-range plans and in 2021 we put resources and mental power toward upgrading and adding to our internal systems in IT and cyber-security, HR management, and accounting.

HR

We added an HR Roundtable with great success and will be offering it annually. HR Professionals, as well as those who wear the “HR Hat” (among many other hats) shared their experience and expertise.

Financial Statement Assets Cash and Cash Equivalents Accounts Receivable, Less Allowance for Doubtful Accounts Grants Receivable Other Current Assets Property and Equipment, Net Restricted Cash Total Assets

February 28, 2022

February 28, 2021

$ 627,580

$ 620,528

99,169

126,450

114,720

84,238

31,360

19,053

118,592

107,005

14,541

23,316

$ 1,005,962

$ 980,590

$ 7,383

$ 15,610

Liabilities and Net Assets Liabilities Accounts Payable Funds Held in Trust Other Current Liabilities Capital Lease, Net of Current Portion Total Liabilities

0

8,532

274,925

288,873

0

1,129

282,308

314,144

708,750

651,292

Net Assets Without Donor Restrictions With Donor Restrictions Total Net Assets Total Liabilities and Net Assets

14,904

15,154

723,654

666,446

$ 1,005,962

$ 980,590

RAMAC MEMBER INDUSTRY CATEGORIES:

Service 47%

2021

546 Members


You deserve compassionate care. Personalized healthcare when you need it most When you walk through our doors, you deserve to be seen and heard. Your questions matter. That’s why Ascension Wisconsin care teams are here to empower you by listening to you, respecting your experiences and creating a care plan that works for you and your family.

ascension.org

Design and Printing by Econoprint

Ascension Wisconsin | © Ascension 2022. All rights reserved.

Racine Area Manufacturers and Commerce 300 5th Street, Racine, Wisconsin 53403 262.634.1931 ramac@racinchamber.com www.racinechamber.com

Follow us on