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 CONTACT

 (719) 471-0000   
Fax (719) 623-0304
Email: tbinnings@comcast.net

EDUCATION

Dartmouth College, Amos Tuck School of Business Administration.  MBA, 1983.

Emphasis - Finance & Strategy.  Assisted with faculty research.

The Colorado College  BA Economics, 1979.  Emphasis - Regional and Urban Economics

Senior Partner:  Summit Economics

WORK EXPERIENCE

2008 - Summit Economics, LLC - Partner

After working in the field of applied economics for 33 years formed this company with four leading economists.  As a researcher, Mr. Binnings authored numerous studies on a wide range of topics in most industries.  His work began with community, urban and regional economics and has expanded to include real estate and organizational economic analysis for strategic and tactical planning as well as process improvement.  In recent years more of his work centers on public policy and impact analyses.   Mr. Binnings is a strong presenter who has facilitated discussions with and presented before boards, commissions, councils, citizen groups, and the state legislature.  Having also been trained in conflict resolution, he is comfortable facilitating discussions and negotiations between and with confrontational groups.

 

1984 - Pan-Com Incorporated - Owner

Comprehensive real estate services company providing Solutions for Commercial & Community Development.  Focus is on affordable housing, facilities and construction management, due diligence analysis, alternative dispute resolution, and buyer agency brokerage.  Currently creating a firm focused on improving performance of facilities through assessments of resource conservation opportunities and other critical building components. 

 

1988- Regis University and Webster University – Adjunct Professor

Teach graduate and undergraduate students in the areas of economics and strategic planning.

                    

1993-97 - Pikes Peak Mental Health Center Systems, Inc.

Marketing Director  Challenged a non-profit organization with 400 employees to re-think their professional paradigms and develop a marketing orientation. 

Assets & Projects Director  Developed critical strategic initiatives in the areas of  housing, vocational development, and planning.  Programs considered leading edge in mental health field. 

Executive Director of subsidiary  Responsible for turnaround, new strategic direction, and board relations of vocational program with 100 employees -- the majority of which were either “disabled” or in the corrections system.  Implemented affirmative business model.

 

1983-84 - Binnings Enterprises – Vice President of Finance

Took over key role in a family-owned, $36 million (2010 dollars) per year, commercial construction company facing financial crisis.

 

1980-81 - Hammer, Siler, George Associates - Associate

Conducted research, wrote reports, and made presentations involving applied economics for this national economics consulting firm.

 

1977-80 - Community Development Associates – Staff Economist

Community development project market and feasibility analysis   

 

APPLIED ECONOMICS– SIGNIFICANT RESEARCH

 ·        Business plans for start-ups and turnarounds in pipeline, construction, real estate, agriculture, education, recreation/tourist and utility industries

·        Metro area land absorption forecasts

·        Fundamental and micro analysis for business strategy and model assessment and process improvement

·        Healthcare and non-profit new project/program development and consolidation

·        Market feasibility and due diligence research for real estate and affordable housing

·        Mass valuation for large ($1.5 billion in 2010 dollars) real estate loan portfolios

·        Alternative analysis and valuation for alternative dispute resolution and litigation support

·        Construction and real estate claims analysis

·        Cost benefit and impact analysis for proposed legislative and public policy initiatives

·        Evaluation of community development programs in low income neighborhoods

·        Market feasibility of small downtown redevelopment projects

·        Statistical analysis and forecast of negotiations

·        Utility rate cases

 

CIVIC & BOARD ENDEAVORS & ACCOMPLISHMENTS

Current:

2010 - Sponsor of Citizens for an Accountable Mayor – a referendum initiative to change the structure of City governance in Colorado Springs.

1989 - Board Member, Coldcrete, Inc., a small business providing value added engineering to the concrete    industry worldwide.

 

Past:

2010-2012 - Member of the independent Ethics Commission, City of Colorado Springs

1999-07 - Board Chairman, prior Acting Executive Director (8/02-7/03),  Shivers Academy of Art, Science, & Technology, a charter high school serving primarily disadvantaged youth. 

2006 - Recipient of Excellence in Teaching Award from Regis University

1991-03 - Former Chair, Utility Policy Advisory Committee to the City Council for the City of Colorado    Springs (Formerly the Financial Advisory Committee). As Chair, played key leadership role in       changing the governance model for Colorado Springs Utilities, an $800 million organization.          

1993-01 - Supervised and coached team for Altamira Apartments – an affordable housing development.  Team consistently achieved above average regulatory ratings and won the Better Business Bureau 2001 Excellence in Customer Service Award.

2000 - Named Citizen of the Year by Pikes Peak Mental Health Center for being “an exemplary advocate for affordable housing, civil rights, and client rights”.

2000 - Finalist for City Council appointment, Colorado Springs

1997-99 - Sponsor & Organizing Committee, The Consortium for High Performance

1996-97- Founding Committee, Rocky Mountain Community Land Trust

1996-97 - Board Member, Affirmative Business Alliance of North America

1987-92 - Chairman of the Board, First American Financial Cooperative

1984-90 - Co-founder and Board Member, Brooks Builders

 

ENTREPRENEURSHIP

2002-07 - Shivers Academy charter high school   Volunteered for one year to become Acting Executive Director to turnaround high school for “high risk”, minority students.  School remained open as a result of a comprehensive settlement with all creditors, including the IRS.  Reestablished credibility with the sponsoring school district and implemented strategic planning and process improvement to achieve greater accountability in education.  Charter was unanimously approved for renewal for 5 years by the School District Board of Education in 2006. 

1991-01 -   Altamira Apartments  Working on a commission basis, leveraged $45,000 from a non-profit organization into a $2.8 million acquisition from the Resolution Trust Corporation.  Redeveloped the property utilizing a “disabled” workforce.  Served as Property/Asset Manager for this premier, 360 unit, affordable housing property for 9 years.  When departed, property was worth $13 million.

1994-96 -   Aspen Diversified Industries   Reorganized programs of a non-profit organization to create this subsidiary for the purpose of employing people with disabilities in integrated work environments.  Put the company in the facilities management business.  Continued a consulting relationship with the company through 2005 at which time the company achieved $10 million in sales. This approach is considered cutting edge in the mental health field and is becoming a national model.

1990-91 -   Hamilton Farms Under contract with an angel capitalist, created marketing venture to test the potential of the organic farming industry.   

1989-91 -   Gaia Specialties  To promote agricultural marketing efforts for clients, formed a specialty produce marketing organization.  Sold the company to the top salesperson in 1991.  She moved it to southern California and continued operating this lucrative business until 9/11.

1985-90 -   Brooks Builders  Started this construction company and served on the board until it was sold to original employees in 1990.

 

LICENSES & CERTIFICATIONS

·   Certified Mediator 1996  

·   Colorado Real Estate Broker 1985  

·   NASD Series 7, 1987 (Inactive)

·   Strategic Management & Governance for Charter School Leaders, John F. Kennedy School of Government, Harvard University 2004

 

 

 

Partners

Tucker Hart Adams
719.597.6133

Dave Bamberger
 719.522.0776

Mike Anderson
719.332.2125

Tom Binnings
719.471.0000

Paul Rochette
719.433.6147

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