Hartford Business Journal

September 17, 2018

Issue link: https://nebusinessmedia.uberflip.com/i/1027262

Contents of this Issue

Navigation

Page 19 of 27

20 Hartford Business Journal • September 17, 2018 • www.HartfordBusiness.com Capital Workforce Partners (CWP), the state's workforce development board in north central Connecticut, said it received a $98,000 grant to improve data-sharing platforms that spread awareness about at-risk youths. CWP said the Travelers Foundation grant will support its Hartford Data Collaborative, which connects 15 organizations to core data software and client-sharing services. The program receives support from the city of Hartford and the Hartford Opportunity Youth Collaborative, which has worked with 40 organizations to build career opportunities for young adults ages 16 to 24. CWP officials said the grant supports its efforts to re-engage local youths in pursuing their career goals, as more than 4,000 in Hartford are disconnected from education and workforce systems. The Hartford Foundation for Public Giving awarded a three-year, $260,000 grant to the Center for Children's Advocacy to expand the nonprofit's services targeting adolescents and young adults from Greater Hartford who are transitioning from justice-system confinement or Department of Children and Families involvement. The funding will support the Center's legal rights training and services, as well as community clinics. Nearly 600 Hartford County youths ages 16 to 23 are confined in detention facilities each year and have limited access to developmentally appropriate supports. As a result, the recidivism rate for youths ages 15 to 25 is 52 percent, higher than the 32 percent rate for adults ages 26 to 30. Many youths discharged from confinement or foster care are on their own and at high risk of poverty, homelessness, and continued justice system involvement. The Center offers youth legal services that include case management, and will seek to expand access by training pro-bono attorneys. A portion of the grant will also support the Center's administrative advocacy work. Nonprofit Notebook NONPROFIT PROFILE Chrysalis Center 255 Homestead Ave., Hartford | chrysaliscenterct.org Mission To provide supportive services to people struggling with mental health ill- nesses and addiction, and those returning from prison or homelessness. Top Executive Sharon Castelli, CEO Services Social services, workforce develop- ment and affordable housing. FY 2017 SUMMARY 2016 2017 Total Employees 136 144 Total Assets $21,019,464 $24,100,737 Total Liabilities $1,599,441 $1,876,142 REVENUES Contributions & Grants $8,733,178 $9,380,935 Program Service Revenue $313,350 $477,630 Investment Income $0 $0 Other $(7,721) $12,065 Total $9,038,807 $9,870,630 EXPENSES Grants $0 $0 Member Benefits $0 $0 Salaries/Employee Benefits $5,983,260 $6,472,487 Fundraising Fees $0 $0 Other $2,955,077 $3,203,452 Total $8,938,337 $9,675,939 Margin $100,470 $194,691 TOP PAID EXECUTIVES (FY 2016) Base salary Comp. & Benef. Sharon Castelli, CEO $244,183 $286,901 Wendy Hodge, CFO $152,611 $174,599 Justine Couvares, Chief Program Officer $151,046 $163,653 Source: Guidestar IRS 990 Tax Form Movers & Shakers John A. Beir has joined Simsbury Bank, subsidiary of SBT Bancorp Inc., as vice president and senior relationship manager. Beir most recently worked as vice president, business banking officer at Danbury- based Union Savings Bank. At Simsbury Bank, Beir will focus on managing commercial borrower relationships, including handling all credit-related activities. Mark Day and Thomas Zindrick joined the board of directors at Aeromics, a Branford-based clinical-stage pharmaceutical company focused on controlling brain swelling in stroke survivors. Gerry Battista was appointed vice president of service operations at ADNET Technologies, a Farmington technology consulting firm. Battista previously served as national director of information technology for a leading private foundation services firm. In his new position, which was recently created, he will lead ADNET's service delivery. Gregory Stafstrom was named board of directors president at CCARC Inc., a private nonprofit based in New Britain that provides services for adults with intellectual disabilities. Stafstrom has served on the CCARC board since 2010, most recently as second vice president. The position was most recently held by Harry Sitilides and Dr. Richard L. Judd. Michael Ferraro was promoted to president at Mortgage Markets Cuso LLC, a credit union services company headquartered in Vernon. Prior to becoming president of Mortgage Markets CUSO LLC, Ferraro was a consultant with the New York Credit Union Association. He replaces outgoing president Victor Petroni. Scott Murphy has joined the board of directors for the Center for Children's Advocacy (CCA), a Hartford nonprofit that provides legal representation to at- risk children and teens in Connecticut. Murphy is an attorney and has been a managing partner at Hartford law firm Shipman & Goodwin LLP for 20 years. Ellen Kucenski and Steve Lemanski were named to practice leader roles at Hooker & Holcombe, a West Hartford- based actuarial, investment advisory and retirement plan consulting firm. Kucenski has been with the firm since 2002 and leads the team that manages the day- to-day operations of the pension area within the actuarial services group. Lemanski is an enrolled actuary with nearly 30 years of experience. Brad Lacey has been appointed principal underwriter at Business Risk Partners (BRP), a specialty insurance provider in Windsor. Lacey previously worked for V3 Insurance Partners, an insurance program administrator in Newtown, Penn. BRP has also assumed the renewal rights to a management and professional liability portfolio managed by Lacey that was previously underwritten by V3. Louis Silva has joined the Community Investment Corp., an economic development lender in Hamden, as vice president, loan officer. In his new position, Silva will focus on supporting the SBA 504 loan program and developing relationships with bankers and centers of influence across Connecticut. Most recently, Silva was an assistant vice president/ associate relationship manager with Webster Bank. Howard E. Michel was hired as chief executive officer at the American Radio Relay League (ARRL), the national association for amateur radio headquartered in Newington. Michel currently works as chief technology officer at UBTECH Education, an education solutions provider of robots and AI technology and senior vice president of UBTECH Robotics, an artificial intelligence, and humanoid robotic company. John A. Beir Michael Ferraro Ellen Kucenski Steve Lemanski Louis Silva Howard E. Michel Gerry Battista Gregory Stafstrom

Articles in this issue

Links on this page

Archives of this issue

view archives of Hartford Business Journal - September 17, 2018