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City chamber of commerce, Develop Indy might merge

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Officials from the Greater Indianapolis Chamber of Commerce and Develop Indy want to work more closely together, and even might merge the organizations, chamber Chairman John Neighbours confirmed.

"I wouldn't rule out the possibilty they could be merged," said Neighbours, a partner at Baker & Daniels. He told the full chamber board, which has more than 100 members, on Thursday that he has been discussing "collaboration" with Develop Indy, which leads economic development for the city of Indianapolis.

The goal is to save money for corporations that support both organizations, Neighbours said.

Executives from companies like Indianapolis Power & Light, WellPoint Inc. and Eli Lilly and Co. have asked, 'How many checks to do we need to be writing?' Neighbours said. Even before he became chairman of the chamber this year, he said, "People would say that to me."

Neighbours denied the chamber's current search for a successor to CEO Roland Dorson drove the talks. Dorson resigned this spring. His departure stemmed from a rift with Neighbours and Mark Miles, CEO of the Central Indiana Corporate Partnership, over the region's mass transit strategy, IBJ reported at the time.

One person familiar with the chamber's search process said that Develop Indy CEO Scott Miller is a leading candidate for the job. MIller, 43, is a past president of the business landscaping firm Mainscape. He took the top job at Develop Indy in 2008.

Neighbours said Miller is a "very viable candidate, among many." The chamber's search committee is starting to interview its final pool of candidates, and search chairman John Thompson hopes to make a recommendation by Sept. 15, Neighbours said. He hopes to have a new chamber CEO in place by Oct. 1.

Develop Indy absorbed another economic development organization, Indy Partnership, in February of this year. Indy Partnership, which covers the nine-county metro area, retained its name but now operates with a reduced staff out of Develop Indy's offices on the 24th floor of Chase Tower.

Neighbours said it's not unheard of for a chamber of commerce to play the leading role in hosting and recruiting new companies. Under any scenario, he said, the Mayor's Office would retain control of economic-development incentives.

The chamber and Develop Indy have shared resources in the past. Develop Indy used to be housed in the chamber's office on the 19th floor of the Chase Tower. 

Neighbours and Develop Indy Chairman Carey Lykins, CEO of Citizens Energy Group, have been talking about ways to deepen ties between the two organizations for several months. Neighbours said he raised the topic two months ago with Deputy Mayor Michael Huber and Ballard's chief of staff, Chris Cotterill.

Develop Indy is a not-for-profit that functions as the city's economic development arm. Its 20 board members are appointed by the mayor, and it receives a large part of its funding, $1.5 million this year, from the Indianapolis bond bank.

Citing competition with other cities, Develop Indy officials won't reveal how much they currently receive in corporate gifts, but the 2009 tax return shows $517,000 for that year.

The chamber, also an independent not-for-profit , spent $5.6 million in 2009 and had revenue of $4.9 million.

One obvious source of savings would be executive salaries. In 2009, Dorson received salary and bonus of $208,164 and total compensation of $238,370, according to the chamber's tax return for that year, the latest available. 

Develop Indy CEO Scott Miller earned $159,133 in 2009, the organization's tax return shows.

The chamber employs 35 people and Develop Indy has 17.

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  • More should follow
    Good idea. Other NFP's and more specifically GOV's should merge and combine considering they are doing the same thing. Work together not independently especially if its the same thing.

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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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