Carl H. Lindner College of BusinessCarl H. Lindner College of BusinessUniversity of Cincinnati

Carl H. Lindner College of Business

UC's Economics Center Measures Economic Impact of Talbert House

Published:
Monday, December 19, 2016 6:29 PM
Study reveals $115.2 million economic boon to Greater Cincinnati community.

UC’s Economics Center in the Carl H. Lindner College of Business released a study on Talbert House that revealed the non-profit agency contributes $115.2 million to the local economy as the largest employer in the social services industry sector in Southwest Ohio.

Using 2010 data of expenditures and employee payroll, the study showed that Talbert House spends $53 million in operations, generating an additional $62 million in economic activity in Greater Cincinnati. The report determined a total economic impact of $115.2 million – or a stimulus that is 2.18 times as large as its direct expenditures.

“This report is an important step in measuring and improving our contribution to the region,” says Talbert House President and CEO Neil Tilow.

The analysis focuses on the impact of employment and income in the local area, as well as an emphasis on the importance of the organization for attracting State and Federal funds to the community.  Talbert House employs 814 people and creates an additional 584 jobs as a result of its expenditures.

The report breakdown also highlights other industries that receive an indirect economic benefit.

“Talbert House is the largest organization of its kind in Greater Cincinnati,” says Julie Heath, Economics Center director. “It has considerable indirect impacts on the real estate, manufacturing, and financial services industries, generating nearly $25 million of activity in those sectors alone.”

The Economics Center is currently engaged in additional research to evaluate the impact of individual Talbert House programs and their economic value to each client and the community.

The full report can be found at economicsresearch.org.

Talbert House is a community-wide nonprofit network of social services with 36 proven programs focusing on prevention, assessment, treatment and reintegration. Each year, Talbert House helps 26,700 men, women and children across Greater Cincinnati and Northern Kentucky overcome adversity to become healthy and productive citizens through its programs in community corrections, mental health, substance abuse and welfare-to-work.