The January meeting was a success! Notes are here!
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Here is the Quarterly NBA report!
Niwot Business Association
Quarterly Report January 9, 2024
9 January 2024 / 6:00 PM Sponsored by Porchfront Homes and at Left Hand Grange
ATTENDEES
See list
NOTES FROM THE PRESIDENT
The NBA is looking forward to 2024!
In 2024, there are some fabulous plans from the NBA and for the NBA, as well as having changes to the NBA meeting structure.
The NBA is continuing to focus on making Niwot an even more desirable place to shop, explore, and spend time for Niwotians and visitors alike. To help with this, NBA reports will now be quarterly, and will still be emailed to you. Much of the NBA events are on the NBA website, as well as more marketing and visibility for businesses.
The NBA will have meetings focus on reports from the NBA Exec, and each NBA meeting will have a focus of providing more business related info to help each NBA business member get more from their membership.
NOTES FROM THE VICE PRESIDENT
Holiday magic was a great success with record crowds each week – at the fayre on Dec 2nd we had 1003 people through the door, and 635 the second week which is way ahead of previous years. Dec 2nd had a few additional things that day that helped drive more traffic: we had 110 people picking up scout wreaths, an additional 50 people picking up Gingerbread houses, the launch of the Niwot nickel and shopping bag, and upstairs at the grange Charities within reach had their fundraiser Thai Market. Additionally the weather was beautiful and mild which all contributed to the positive numbers.
Winterfest is in planning mode. Meetings will start again the first week of January with Marketing starting every other Friday starting Jan 5th. Events meetings starting every other Friday starting Jan 12th. Happy New Year – here’s to a prosperous and healthy 2024.
ACCESS TO MONTHLY MEETING NOTES
If you wish previous reports, NBA bylaws, or meeting notes, please send your request to [email protected]
The January meeting will be on Tuesday January 9, 6pm hosted by Porchfront Homes at Left Hand Grange. THANK YOU to Porchfront Homes for switching months on short notice! Learn more about Porchfront Homes at https://porchfronthomes.com/. For this meeting, the NBA will talk about the upcoming 2024 year and will focus on how to help NBA businesses with the increased minimum wage for unincorporated Boulder County and with FAMLI. THIS MEETING WILL BE INDOORS!
Thank you to DRF SL Realty for hosting for February! See https://www.drfrealestate.com/ to learn more about DRF SL Realty and all it does. For this meeting, the NBA will have elections. THIS MEETING WILL BE INDOORS!
The NBA Board of Directors has volunteer positions to be filled and, if you are interested in these positions, or to learn more, please email [email protected].
Please read about the NBA Exec Board positions here Succession Planning/Primer for NBA Executive Board Final Version
ELECTIONS FOR the NBA EXEC BOARD WILL BE IN FEBRUARY. Your ballot will be emailed to you and is due by the beginning of the NBA Meeting on Tuesday Feb 13th. Please email [email protected] with any concerns or questions. PLEASE NOMINATE OTHERS IF YOU WISH. While the current NBA Exec Board is planning on running, other people are always appreciated!
Thank you to Niwot High for hosting for March! See https://nhs.svvsd.org/ to learn more about Niwot High. For this meeting, Niwot High will pair with NBA businesses to work together to have Niwot High students volunteer and work in NBA businesses.
The meeting schedule has been emailed to you each, and please reach out to [email protected] if you wish a paper copy. It is also listed below.
For 2024, some meetings will be at Niwot Grange and will have NBA businesses sponsoring the meeting. This will allow some businesses to be showcased that cannot host due to their size or location and will allow some businesses to pair up for sponsoring. I am still looking for sponsors for many months for 2024! Please volunteer!
For 2024, there will NOT be a monthly report sent to NBA members and a QUARTERLY REPORT will be sent to each NBA member instead. Monthly meetings will be used to discuss a topic relevant to all businesses, and there will be time for NBA members to ask questions. Future topics include discussing how to help businesses come up with a plan for the increase in minimum wage and how to manage FAMLI, as well as business motivational speakers and how to get rebates from Boulder County for your business.
If you have a topic that you would like discussed, or if you would like to be a speaker, please reach out to [email protected].
EXEC. BOARD | NBA MEETINGS | LOCATION |
1ST TUESDAY | 2ND TUESDAY | |
4:45pm | 6:00pm | |
02-Jan-24 Exec only | 09-Jan-24 | Porchfront Homes to sponsor at LH GrangeDRF SL Realty |
06-Feb-24 | 13 -Feb2024 | DRF SL Realty at DRF SL Realty |
05-Mar-24 | 12-Mar-24 | Niwot High at Niwot High |
02-Apr-24 Exec only | 09-Apr-24 | Left Hand Animal Hospital to sponsor at LH Grange |
07-May-24 | 14-May-24 | |
04-Jun-24 | 11-Jun-24 | |
Tue 02Jul-24 Exec only | 09-Jul-24 | |
06-Aug-24 | 13-Aug-24 | |
03-Sept-24 | 10-Sept-24 | |
01-Oct-24 Exec Only | 08-Oct-24 | |
5-Nov-24 | 12-Nov-24 | Niwot United Methodist church to sponsor |
03-Dec-24 | MON09-Dec-24 5-8p? | MONDAY Holiday Party at Niwot Wheelworks |
Eddie Running Wolf’s Tree Carving:
The Spear Lodge Man tree sculpture was cut down on Saturday, Oct 3, 2021 and was moved to Jeff Wolcott’s bay late Fall on Niwot Road.Repairs have begun, and this will be a labor of love and time. Maquettes that are 18-24 inches tall are being designed to be sold to help fund this project.
This is a NEW Link to video about the repairs https://niwotsculptures.weebly.com/#/
Maquettes
The project to have maquettes of Eddie Running Wolf’s Tree Carving is coming into being. Dave Lee and the class at CU have made 3D print images of this sculpture. Thank you to Dave Lee! Image below:
Here, also, is a link with a video about restoration. https://niwotsculptures.weebly.com/
Requests for Streetscapes will be made to the L.I.D. by Eric Bergeson and Angela Hudgins for now. Anyone interested in helping Niwot Streetscapes, please reach out to any NBA Member and to Eric.
EVENTS
See https://niwot.com/upcoming-events/ Save the dates with all the following fun :
Dec 31 2023
Jan 2024
February 2024
March 2024
NOTES FROM EDUCATION OUTREACH
This position is open for applicants.
To reach out for linking your business with Niwot High for mentorship or jobs, reach out to Adam Lotito [email protected]
What a great year this has been! I have really enjoyed getting to know so many of you and want to be sure you know to reach out with any questions you have regarding the NBA and events. I am always available if you need assistance in getting your business listing updated on the website or help with weekly advertising. We will be sending out a survey this month to gauge feedback on how the year went and to get your suggestions for how we can make 2024 even better. You can always reach me at [email protected]
NOTES FROM TREASURER
Specific questions about the NBA budget can be directed to [email protected].
Sales tax revenue continues to be slightly down from last year to date through September. 3.9% decrease. Remote sales continue to account for a large portion of the decrease. Brick and mortar businesses reflect no change from 2022. Sales tax revenue is still up from 2021.
NBA Financials as of 09/10/23 | Budget | Actual YTD |
2023 | 2023 | |
Revenue | ||
Membership Dues | $21,000.00 | 20,500.00 |
Events- | 21,854.58 | |
Paypal Income & Chargepoint | 340.00 | 887.63 |
Rock and Rails | $20,000.00 | 19000.00 |
Roll over Previous Year | $20,052.00 | 19,359 |
Total Revenue | $62,676.00 | $81,601.21 |
Expenses | ||
Marketing/Advertising | $19,000.00 | 21,637.07 |
Events- actual net $4317.37 | $5,510.00 | 26,171.95 |
Maintenance/Infrastructure | 4,500.00 | 10,953.23 |
Operating Costs | $11,985.00 | 6008.01 |
Contingency/Misc | 5,000.00 | 0 |
Total Costs | $45,995.00 | $64,770.26 |
Net Revenue* | $15,397.00 | $16,830.95 |
*Overage used as a contingency for Non Profit rollover for 2024 | ||
Current Assets | ||
Cash In Bank | 64,412.80 | |
Accounts Receivable | 500.00 | |
Membership | 0 | |
Boulder County LID Reimbursements | 33,965.00 | |
Total Accounts Receivable | 34,465.00 |
HERE IS THE LINK TO THE L.I.D. Strategic Plan: https://docs.google.com/document/d/12oX9sdAy42K8lxpaMNmcUtFz3R44wn2Y5RKOf7tQIUM/edit
LID REQUESTS TO 12/06/23 | ||||
---|---|---|---|---|
FUNDING CATEGORIES | Project | Submitting Organization | Amount Requested | Amount Approved |
MAINTENANCE: | ||||
1/5/2023 | 2023 General Maintenance | NBA | $ 16,000.000 | $ 16,000.00 |
05/23 | Town Administrator | NBA | 14,400.00 | 14,400.00 |
09/23 | Holiday Lighting | NBA | 11,998.00 | 8,872.00 |
12/23 | Tree Sculpture Clean up | 862.00 | 862.00 | |
TOTAL | $40,134.00 | |||
EVENTS: | ||||
03/23 | Lucky Niwot Day | NBA | 4797.00 | 4797.00 |
04/04/23 | House Blend Band Concerts | NBA | 6920.00 | 6920.00 |
05/23 | Cottonwood Concerts | Tavern | 12,000.00 | 10,000.00 |
05/23 | Around the World Day | NBA | 5769.00 | 5769.00 |
05/23 | Rock and Rails | NCAA | 10,000.00 | 10,000.00 |
05/23 | Fourth of July Parade | NCA | 3,130.00 | 3,130.00 |
05/23 | Dancing Under the Stars | NBA | 7350.00 | 7,350.00 |
05/23 | Honeybee Festival | NBA | 6,720.00 | 6,720.00 |
06/23 | Flower Fest | NBA | 4,550.00 | 4,550.00 |
06/23 | Oktoberfest | NCAA | 6,203.00 | 6,203.00 |
06/23 | Find Waldo- Wandering JFIsh | NBA | 1,350.00 | 1,350.00 |
06/23 | First Friday Art Walk | NCAA | 2,985.00 | 2,985.00 |
06/23 | MS 150 Welcome Party | NBA | 5,964.00 | 5,964.00 |
07/23 | Niwot Juried Art Show | NCAA | 2,037.00 | 2,037.00 |
09/23 | Niwot Pumpkin Walk | NBA | 3,827.00 | 3,827.00 |
09/23 | Great Pumpkin Party | NBA | 5,700.00 | 5,700.00 |
09/23 | Niwot Out and AboutDay | NBA | 2,085.00 | 2,085.00 |
09/23 | Holiday Magic/Enchanted Evening | NBA | 16,032.00 | 16,032.00 |
TOTAL | 105,419.00 | |||
MARKETING/ADVERTISING | ||||
02/23 | EDD Salary 1st Quarter | NBA | 7500.00 | 7500.00 |
05/23 | Marketing Full Year | NBA | 40,490.00 | 40,490.00 |