Hartford Business Journal

20 Hartford Business Journal • May 11, 2015 www.HartfordBusiness.com NONPROFIT PROFILE Connecticut Humane Society 701 Russell Road, Newington | cthumane.org MISSION The Connecticut Humane Society is the leading resource in the state for companion animal welfare, enriching the lives of families and communities through adoption services, medical care, education, and prevention of cruelty. TOP EXECUTIVE SERVICES Gordon Willard, Executive Director Pet adoption, dog training and veterinary services. FY 2014 SUMMARY 2014 2013 Total Employees 100 111 Total Assets $78,065,873 $69,692,924 Total Liabilities $411,002 $359,889 REVENUES Contributions & Grants $3,355,441 $2,637,721 Program Service Revenue $2,009,254 $1,974,855 Investment Income $4,586,269 $2,721,733 Other $28,044 $25,548 TOTAL $9,979,008 $7,359,857 EXPENSES Grants $0 $0 Member Benefits $0 $0 Salaries/Employee Benefits $3,988,099 $3,855,551 Fundraising Fees $181,436 $163,713 Other $2,756,984 $2,538,818 TOTAL $6,926,519 $6,558,082 MARGIN $3,052,489 $801,775 TOP PAID EXECUTIVES (FY2014) Base Salary Total Compensation & Benefits Gordon Willard, Executive Director $153,460 $176,826 Raymond Gasecki, Chief Financial Officer $109,166 $123,277 S O U R C E : G U I D E S T A R I R S 9 9 0 T A X F O R M NONPROFIT NOTEBOOK Subscribe You'll find it in print • Need to grow your busiNess? • research your competitioN? • FiNd hartFord's latest busiNess News aNd ecoNomic treNds? to subscribe call (845) 267-3008 or go to www.HartfordBusiness.com Subscribe today and get access to the information that Central Connecticut business people and decision makers use every day. it's in print G r e at e r H a r t f o r d ' s B u s i n e s s n e w s w w w. H a r t f o rd B u s i n e s s . c o m for more B2B news visit March 31, 2014 Volume 22, number 19 $3.00 subscribe online June 5, 2014 Only 10 weeks until C T B E x p o . c o m Index ■ Reporter's Notebook: PG. 5 ■ Week in Review: PG. 6 ■ The List: PG. 10 ■ Deal Watch: PG. 11 ■ Nonprofit Notebook: PG. 19 ■ Opinion & Commentary: PG. 20 Faces oF Business Main Street Mainstay Manchester's Bray Jewelers has survived for almost 100 years. Read about the family business' secrets to success and what makes customers keep coming back. PG. 3 Focus: economic DeveloPment Social Entrepreneurship Hartford business accelerator aims to nurture socially conscious businesses. PG. 8 Music copyright lawsuits cost restaurants unexpected thousands By Matt Pilon mpilon@HartfordBusiness.com A few years ago, nine songs were played inside Shelton's Vazzy's Cucina restaurant that ended up costing owners John Vazzano and Vincent L. Noce $18,000. That's because an agent of licensing giant Broadcast Music Inc., which represents the artists who owned the tracks, attested to being present when the tunes were played and sued Vazzano and Noce for copyright infringement, claiming the restaurant's music qualified as a public per- formance. Under federal copyright law, that meant the restaurant had to pay for the rights to play the songs, BMI said. Vazzano said he thinks a private party actually played the tunes. Broadcast Music Inc. • Founded in 1939 • Represents more than 600,000 songwriters and publishers with more than 8.5 million songs. • Distributed 85 cents of every dollar in licensing revenue in royalties — that amounted to $814 million in fiscal 2013. By Gregory Seay gseay@HartfordBusiness.com B y late May, the Corporation For Independent Living (CIL) expects to have in its hands title to the derelict Capewell Horse- nails factory in Hartford's South End in a bid to convert the idle eyesore into 72 apartments and an adjacent parcel into 24 affordable townhomes. If it does, it will open another fruit- ful chapter for a South End nonprofit that has leveraged — and exported — its talent as a group-home developer to shelter a diverse swath of central Connecticut's population. It, too, will be one of the final swan songs before the yearend retirement of its first and only chief executive. Since its launch in 1979 to finance, build, lease out — then ultimately give away — supportive shelter for thou- sands of the state's physically and mentally disabled, CIL has invested $458 million to construct or convert 2,205 dwelling units into shelter for 7,200 residents in Connecticut and Massachusetts. For at least a dozen years, CIL has applied that same skill set to its expand- ing for-profit realty development opera- tions that include Capewell, and a neigh- boring nonprofit-office-space cluster. In February, CIL announced it bought and will resume work on the $3.34 mil- lion Depot Crossing mixed-use project John Vazzano, owner of Vazzy's Cucina in Shelton, was upset when his restaurant had to pay $18,000 to settle a music copyright lawsuit. P h o t o | P a b l o R o b l e s Continued on page 16 Continued on page 15 Martin "Marty'' Legault, president and CEO, Corporation For Independent Living (CIL) With Legault, developer CIL soars as landlord Sued for a ong G r e at e r H a rt f o r d' s B u s i n e s s n e w s D e c e m b e r 22, 2014 w w w. H a rt f o r d B u s i n e s s. c o m V o l u m e 23 n u m B e r 5 $49.95 ECONOMIC F o r ecas t Find out what's ahead for Connecticut's economy in 2015 Gain insights into the industries that will drive or drag next year's economy Take a look back at the events, deals, and newsmakers that made headlines in 2014 « « « The Jackson Laboratory said it has signed a research and training agreement with an Australian university. Jax, which opened a nonprofit genomic research institute in Farmington last year, said it will pursue education training and research as well as student and faculty exchanges with the Australian Regenerative Medicine Institute. ARMI is based at Monash University's Clayton Campus outside of Melbourne, in the continent's southern tip. • • • The American Mural Project received a $50,000 grant from the Community Foun- dation of Northwest Connecticut that will be combined with a $1 million matching grant from the state. The American Mural Project owns two mill buildings and three surrounding acres on Whiting Street in Winsted. The state funds will be used for the first phase of renovations, which includes raising the roof 30 feet to allow for the installation of a five-story mural and enabling the museum to open to the public. The two subsequent phases involve ren- ovation of the second mill building for use as a visitors' center and development of the grounds for outdoor use. • • • The Community Foundation of Greater New Britain's board of directors recently awarded a $30,000 grant to join the 2015 Com- munity Wellbeing Survey, the most compre- hensive survey of quality of life ever conducted in Connecticut. DataHavan, a New Haven-based nonprofit managing the study, will conduct interviews with 15,000 randomly selected state residents. The Community Foundation plans to use the information as part of its strategic plan- ning process in determining the most signifi- cant local issues facing Berlin, New Britain, Plainville and Southington. • • • Law firm Robinson+Cole presented a donation of $2,500 to Hartford Per- forms to help support its mission to provide quality arts education programs to Hartford Public School students through arts integra- tion, in-school arts instruction, and out-of- school arts programming. Hartford Performs is a collaborative net- work of the Hartford Public Schools, arts pro- viders, community organizations, funders, and other supporters. Meantime, Hartford Performs has elected Robinson+Cole construction lawyer Lisa B. Andrzejewski to its board of directors. • • • Windsor Locks-based 360 Federal Credit Union made its annual donation of $1,000 to Jeremy Race, chief operating officer of Junior Achievement of Southwest New England. For the past 10 years 360FCU employees have volunteered to teach the JA curriculum in many schools throughout Hartford County. The 360FCU employees teach Junior Achievement's JA In A Day program, a day when volunteers present the programs to stu- dents for an entire school day.

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