Hartford Business Journal

27 HARTFORDBUSINESS.COM | JULY 12, 2021 De Warga has over 10 years of public accounting experience with expertise in tax, accounting and advisory services for privately- held companies, and five years of experience in the private sector serving as a controller and assistant controller for professional services firms. The American Cancer Society has appointed four new members to its Southern and Western New England Area board for a term of three years. The new board members are the director of the Cancer Institute for the Hartford Region of Hartford HealthCare, Cassandra S. Crowal; Liberty Bank executive vice president and general counsel Daniel S. Matos; Hartford Yard Goats Team President Tim Restall; and Liberty Bank First Vice President & Senior Commercial Relationship Manager for Commercial Banking Jeff Sattler. Berlin-based manufacturer Sirois Tool has promoted longtime employee Andre Nadeau from operations manager to president. Nadeau has been a member of Sirois' management team for 12 years, and as president, he will be responsible for overseeing day-to- day management of sales, customer service, engineering and quality assurance. Law firm BerryDunn, which has offices in Hartford and New Haven, has named Sarah L. Belliveau its next CEO and managing principal. Belliveau, who currently leads the firm's not-for-profit practice, succeeds John Chandler, who has led the firm since 1999. As part of BerryDunn's succession and continuity plan, Chandler will stay on and help Belliveau and the new leadership team's transition. Hartford accounting and consulting firm Whittlesey has hired Jennifer de Warga, CPA, as a tax manager and she will join the firm's leadership team. Cox Communications has promoted Ross L. Nelson to senior vice president and region manager for the company's Northeast region, encompassing service areas in Rhode Island, Connecticut and Ohio. Nelson will lead the region's operations, with direct supervision over field-based functions and about 1,000 employees. He succeeds Jay Allbaugh, who retired in June. Nelson began his new role July 1. Shaunna Monts has been named chief human resources officer for community health center Wheeler. She succeeds Patricia Speicher Werbner, who retired June 30. Monts obtained her MBA from the University of Hartford Barney School of Business and holds a master's degree in healthcare administration from the University of New Haven. Movers & Shakers www.HartfordBusiness.com • July 15, 2019 • Hartford Business Journal 9 Cencap Federal Credit Union (formerly Hartford Municipal Employees CU), plus two other CUs in Bridgeport and Greenwich, are Inclusiv members. A Cencap official said her $45 million- asset credit union has leveraged its CDFI designation to obtain grant fund- ing to upgrade its data-processing sys- tems, train staff, and counsel members and teach them financial literacy. One-on-one Nutmeg in 2016 chose to focus on becoming a CDFI, Clark said. But even before that, since 2011, Nutmeg had di- versified its minority outreach, including hiring bilingual staff to its markets' growing Hispanic population. Nutmeg also introduced a new checking and savings account, among other products and ser- vices, Clark said. It also rewrote policies and pro- cedures to reflect, among other things, its ability to accept alternative forms of identification to open an account. But perhaps the CU's most innova- tive effort is Working Wheels, which Clark says "is a car-ownership program that focuses not only on the loan, but all aspects of car ownership." Since Working Wheels launched in May, Nutmeg has closed five loans, including Defrancesco's, averaging $8,000 for a three-year term, with a fixed interest rate of 12 percent, Clark said. Ten more were in the pipeline as of late May. "Not having reliable transportation is definitely a problem'' for some Nut- meg members, Clark said. "This is an effort to try to help with that.'' Nutmeg's Working Wheels application- review process mirrors its usual loan process, but with some key variations. Wheels applicants undergo a two-week long approval — rather than the usual one-day review/approval turnaround — in which Nutmeg loan underwriters review applicants' credit histories. However, credit records only serve as guideposts — not a reason to reject applicants — to help Nutmeg craft a financial-literacy tutorial for each. The literacy-training, Clark says, plus rate discounts Nutmeg offers Working Wheels borrowers who pay on time, are the reason none of its Working Wheels loans is past due. In Defrancesco's case, she was required to write an essay about what a new car would mean for her and her family financially. She also learned how to balance her checkbook, set up and stick to a household budget, and received advice on bill paying. Defrancesco, who for a time relied on public transit to get back and forth to her food-service job, said her used Rogue SUV "really fit my needs." "It's life-changing as far as I'm con- cerned," she said. FOCUS Community development financial institutions Community development financial institutions (or CDFIs) have a primary mission of promoting community development and providing both financial and educational services to one or more defined target market. There are 10 of them in Connecticut. They include: Organization Type of financial institution City Capital for Change Loan fund Hartford Cencap Federal Credit Union Credit union Hartford First City Fund Corp. Depository institution New Haven holding company First Community Bancorp Inc. Depository institution New Haven holding company Hartford Community Loan Fund Loan fund Hartford Hartford Economic Development Corp. Loan fund Hartford Housing Development Fund Inc. Loan fund Stamford Nutmeg State Financial Credit Union Credit union Rocky Hill Seasons Federal Credit Union Credit union Middletown Start Community Bank Bank New Haven Source: CT Office of Legislative Research Jules Epstein- Hebert, Program Officer, Inclusiv Want to lose the jargon and buzzwords? A giant in accounting and auditing. It's not that size matters. Katie is diminutive, and no one asks her if she played basketball in college. But her clients think of her as a powerhouse. Specializing in accounting and auditing for closely held businesses, she is a consummate professional with a variety of experience in various industries and organizational formats. Her client list includes: private schools and nonprofits, fixed base airport operators, international specialty chemical companies, aerospace fabricators/defense contractors and foreign owned US based manufacturers. A great communicator, she has an ability to understand complicated business structures and transactions and explain it in plain English so people can understand. In a profession often fraught with jargon and buzzwords, Katie can figure it out and explain it to others. She might not win the jump ball, but she gets very high marks with her clients. 231 Farmington Avenue, Farmington, CT 06032 | 860-678-7100 | www.flrcpa.com " " My strength is helping businesses large and small navigate complex accounting and auditing challenges. Katie H. Anderson, CPA Shaunna Monts Brian P. Reilly Mark M. Wynnick Kevin Lawlor Michael Maksymiw Katherine Donovan Amber Moore The Connecticut Society of Certified Public Accountants has elected and installed its board of directors for the 2021-2022 activity year. Members include: • President – Brian P. Reilly, senior vice president and chief auditor for Travelers in Hartford • President-elect – Michael Maksymiw Jr., partner with Marcum LLP in Hartford • Treasurer – Katherine Donovan, assurance manager with Whittlesey in Hartford • Secretary – Mark M. Wynnick, managing member of Weinshel, Wynnick & Associates LLC in Fairfield • Advisory Council Chair – Amber Moore, partner at Goldblatt Bokoff LLC in Norwich • Member-at-Large – Kevin Lawlor, executive vice president and COO at Fairfield University in Fairfield • Member-at-Large – Carrie Zimyeski, partner with Zackin Zimyeski Sullivan CPA LLC in Waterbur Email your Movers & Shakers announcements to gbordonaro@hartfordbusiness.com

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