Issue link: https://nebusinessmedia.uberflip.com/i/1006154
www.HartfordBusiness.com • July 23, 2018 • Hartford Business Journal 19 Federal, state and local grants worth $1.5 million will be used to make significant renovations to Hartford's Colt Park, according to the governor. Gov. Dannel P. Malloy announced the park will be upgraded through a $750,000 federal grant from the Department of Energy and Environmental Protection (DEEP), a $450,000 state grant and a $300,000 grant from the city. The funds will be used to improve the park's baseball field, renovate the north walkway access to the field, play areas and the soccer pavilion. Other improvements include installing two new softball fields and basketball courts and completing the park's loop road. "These important upgrades to Colt Park not only bring about an improved experience for residents, it will pave the way for more people to visit and enjoy Hartford," Malloy said. The grant will pair with $10 million the state Bond Commission recently approved for upgrades at adjacent Dillon Stadium, which will play home to the Hartford Athletic next year. The Athletic will be joining the professional United Soccer League in spring 2019. More than 1,000 youths in Greater Hartford have begun working under a summer career-readiness program aimed at training young people for jobs in high- demand sectors. Hartford's Capital Workforce Partners, the state's workforce development board in North Central Connecticut, is administering the six- week job program, connecting 1,300 youths between the ages of 14 and 24 to hundreds of worksites. The city of Hartford contributed $1 million to the program, while the Hartford Foundation for Public Giving provided more than $400,000. The state, American Savings Foundation and other groups also provided funding. Nonprofit Notebook NONPROFIT PROFILE YMCA of Metropolitan Hartford 50 State House Square, Hartford | ghymca.org Mission To help people develop their fullest potential in spirit, mind and body. Top Executive Harold Sparrow, CEO Services Youth development programs and health club. FY 2016 SUMMARY 2015 2016 Total Employees 1,922 2,105 Total Assets $130,716,121 $134,818,951 Total Liabilities $41,320,857 $39,551,750 REVENUES Contributions & Grants $8,144,517 $7,275,954 Program Service Revenue $21,428,401 $24,306,445 Investment Income $2,106,667 $1,568,053 Other $716,374 $1,462,340 Total $32,395,959 $34,612,792 EXPENSES Grants $0 $0 Member Benefits $0 $0 Salaries/Employee Benefits $17,144,635 $18,788,443 Fundraising Fees $47,341 $15,459 Other $12,966,961 $14,326,516 Total $30,158,937 $33,130,418 Margin $2,237,022 $1,482,374 TOP PAID EXECUTIVES (FY 2017) Base salary Comp. & Benef. Harold Sparrow, CEO $252,224 $282,858 Joseph Weist, CFO $131,461 $154,743 Lori Lehan, VP of Human Resources $125,207 $126,358 Source: Guidestar IRS 990 Tax Form Quality Construction + Butler Manufacturing = Repeat Customers www.borghesibuilding.com © 2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing™ is a division of BlueScope Buildings North America, Inc. 2155 East Main Street • Torrington, Connecticut 06790 Dupont Storage Systems, Bristol, CT | 2009 | 32,500 sq. ft., 46' tall 2012 | Addition — 15,300 sq. ft. Contact us at 860-482-7613 or visit us on the web.