Hartford Business Journal

18 Hartford Business Journal • February 15, 2016 www.HartfordBusiness.com NONPROFIT NOTEBOOK NONPROFIT PROFILE University of St. Joseph 1678 Asylum Ave., West Hartford | USJ.edu MISSION Maintaining a strong commitment to developing the potential of women. TOP EXECUTIVE SERVICES Rhona Free, President Liberal arts and professional education. FY 2014 SUMMARY 2013 2014 Total Employees 1,212 1,389 Total Assets $66,025,480 $78,123,304 Total Liabilities $30,496,480 $38,406,304 REVENUES Contributions & Grants $7,855,011 $8,301,842 Program Service Revenue $59,955,822 $65,055,019 Investment Income $890,300 $1,209,122 Other $495,940 $367,146 TOTAL $69,197,073 $74,933,129 EXPENSES Grants $13,625,000 $13,970,000 Member Benefits $0 $0 Salaries/Employee Benefits $37,077,168 $39,187,018 Fundraising Fees $60,000 $137,000 Other $17,481,905 $18,773,854 TOTAL $68,244,073 $72,067,872 MARGIN $953,000 $2,865,257 TOP PAID EXECUTIVES (FY 2014) Base Salary Total Compensation & Benefits Pamela Trotman Reid, Former President $322,270 $408,458 Joseph Ofosu, Dean, School of Pharmacy $227,403 $252,991 Michelle Kalis, Provost $187,267 $216,633 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 CREC names new executive director CREC, a regional educational service center that operates 18 magnet schools in Greater Hartford, hired former Cheshire Superintendent Greg Florio as its new executive director. He succeeds Bruce E. Douglas, who led CREC for 14 years. Prior to arriving at CREC, Florio led Cheshire Public Schools for 24 years, including 12 years as super- intendent and 12 years as assistant superintendent. UConn Health appoints vascular and endovascular surgery chief Dr. Jeffrey Indes has been appointed chief of vascular and endovascular surgery in the Depart- ment of Surgery at UConn Health. Indes is a board-certified vascular surgeon. Since 2008 he has served as associate program director in vascular surgery and assistant professor of sur- gery (vascular) at Yale School of Medicine. At Yale he also served as associate program director of the Vascular Surgery Residency/Fellowship. Achillion Pharmaceuticals names chief scientific officer-EVP New Haven-based Achillion Pharmaceuticals Inc. recently named Joel Barrish as chief scientific of- ficer and executive vice president. Barrish joins Achillion with more than 30 years of experience in the pharmaceutical industry. For the last five years, he was vice president and head of discovery chemistry at Bristol-Myers Squibb, lead- ing chemical research on small molecules and other modalities across all therapeutic areas and sites. Barrish is also a scientific advisory board mem- ber for the chemistry departments at the University of Pennsylvania and at Rutgers University. BlumShapiro elects five new partners West Hartford accounting and consulting firm BlumShapiro elected three new partners: James Harper, William F. Murray and Ronald W. Nossek. As a partner in BlumShapiro's software and busi- ness process outsourcing (BPO) consulting group in West Hartford, Harper manages the BPO services platform, which includes performing all accounting and back-office transaction services for startup and mature organizations in all industries. As a partner with BlumShapiro's litigation services and business valuation group in West Hartford, Mur- ray has more than 15 years of experience in business valuation, economic damages and forensic investiga- tions. He provides attorneys, high-wealth individuals, privately held companies and business owners with valuation services for trust and estate planning, gifting, shareholder disputes, mergers and acquisitions, finan- cial reporting, taxation and matrimonial dissolutions. Nossek is an expert in government accounting, with special focus in audits of government entities. Nossek comes to BlumShapiro from CohnReznick where he served as partner in the firm's New London office. KPMG announces Hartford promotions Audit, tax and advisory firm KPMG LLP's Hartford office announced the promotions of Jocelyn Denal- sky, Charles Kavanagh and Scott Shapiro. Denalsky is now an audit partner, serving insur- ance clients; Kavanagh is now an audit partner, serv- ing clients in the consumer, diversified industrial, life science and healthcare provider industries; and Shapiro is now an advisory principal, specializing in insurance data analytics and predictive modeling. Avon law firm Drew & Mersereau adds lawyer Drew & Mersereau PC, a small law firm located in Avon, announced that Bryan P. Keilty has joined the staff. Keilty will be concentrating his practice in the areas of estate planning, trust administration, estate administration and business planning. Prior to joining Drew & Mersereau, Keilty worked in banking for United Bankers LLC, a mortgage lender in Hamden. TD Wealth names market wealth leader for Connecticut TD Wealth Private Client Group has named Mar- ion T. Schmeelk as market wealth leader for Hart- ford, New Haven and Fairfield counties. Schmeelk is responsible for the growth of the bank's wealth management business. She has more than 30 years of experience in private banking and wealth management. Prior to joining TD Wealth, she served as managing director, Fairfield County market director at U.S. Trust, Bank of America Private Wealth Management. American Savings Foundation promotes key staff The board of directors of the American Savings Foundation, a charitable endowment that provides grants to local nonprofits and college scholarships to area students, announced the promotion of two staff members to newly created positions: Maria Sanchez to director of grantmaking and community investment, and Heather Hokunson to associate program officer overseeing the organization's scholarship program. Sanchez joined the New Britain-based founda- tion staff in 2000 as senior program officer, over- seeing the grants program. Sanchez represents the foundation in community collaborations, including the Coalition for New Britain's Youth and Bridge to Success in Waterbury. Hokunson has been a member of the foundation's staff for five years. She began as an assistant program officer and has assumed increasing responsibility for the management and administration of the founda- tion's Robert T. Kenney Scholarship Program. Additionally, Cierra Stancil, associate program officer for grants, and Maryellen Milio, operations manager, joined the foundation's management team during 2015. MOVERS & SHAKERS Greg Florio Bryan P. Keilty William F. Murray Maria Sanchez James Harper Marion T. Schmeelk Ronald W. Nossek Heather Hokunson Channel 3 Kids Camp received a $5,000 donation from Prides Corner Farms Inc. of Lebanon. PCF is a supporter of children's charities and designated a por- tion of its sales of Sara's Superb Herbs to Channel 3 Kids Camp. Since 2001 Prides Corner Farms has donated over $200,000 to various causes, locally and regionally as a result of sales of Sara's Superb Herbs. • • • Riverfront Recapture has received a $150,000 grant from Travelers to improve lighting in the Riverfront parks. The grant will update a significant number of exist- ing decorative park lights from metal halide to LED lighting in 2015, positively affecting the appearance of Riverfront Recapture's parks in Hartford and East Hartford. This support will also significantly reduce elec- tricity usage. • • • The Hart- ford Guides Inc. recently received a $50,000 grant from the Hartford Foun- dation of Public Giving to continue to provide compli- mentary mobile light service road- side assistance in Hartford's neighbor- hoods on a 40-hour per week basis. The assistance will include automobile lock-out, jump start, emergency refueling and tire re-inflation service. • • • Hartford Public Library has received a $20,000 grant from the Nutmeg Foun- dation to fund a new online high school diploma pilot project. The pilot will pro- vide online high school classes to a cohort of 10 Hartford students as a more flexible and accessible alternative to the traditional GED test. • • • Bob's Discount Furniture will donate $45,000 to the Save the Chil- dren Federation, whose nutrition, health care, education and emergency response programs give millions of children each year a healthy start, the opportunity to learn and protection from harm. Half of this donation was made possible by cus- tomer contributions to collection jars in Bob's store cafes. Pictured (from left) are: Tim Kane, Prides Corner sales manager; Denise K. Hornbecker, CEO of Channel 3 Kids Camp; and Mark Sellow, owner of Prides Corner Farms. P H O T O | C O N T R I B U T E D

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