Hartford Business Journal

24 Hartford Business Journal • November 14, 2016 www.HartfordBusiness.com St. Francis Hospital and Medical Center said it has been selected by its new parent company for a program that will target health disparities in one of the city's poorest neighborhoods. The so-called Transforming Commu- nities Initiative (TCI) will see St. Francis, city officials and nonprofit Community Solutions partner to develop programs to reduce obesity rates, promote tobacco cessation and address social determinants that affect health outcomes in Hartford's North End. St. Francis is the sixth participant select- ed by Trinity-Health for such a program and the second within the Trinity-Health New England system. Mercy Medical Center in Springfield was selected in May. Trinity-Health said it will invest approxi- mately $80 million in grants, loans, com- munity match dollars and services in its TCI communities over the next five years. According to a Community Health Needs Assessment Report, the rate of obe- sity in Hartford is 33 percent, comparable to that of the state of Alabama. In contrast, the state of Connecticut is ranked 43rd for overall obesity rates. In Connecticut, more than 8 percent of adults are diagnosed with diabetes, while in Hart- ford the rate is 12 percent of adults. And, 16 percent of youth and adults in Connecticut are smokers. "This creative, community-oriented partnership, backed with a generous com- mitment of resources, has the potential to make a real difference in improving health and quality of life for our residents," Hart- ford Mayor Luke Bronin said in a statement. • • • AT&T recently awarded a $5,000 grant to the East Windsor Transition Program to help local students with special needs grow and maintain their own fruit and veg- etable gardens. The program plans to build three hydro- ponic garden towers that will be grown and maintained by a group of students within a classroom setting. • • • The North Central Area Agency on Aging awarded a grant to CRIS Radio to host information sessions at senior centers about its broadcast service for people who are blind or unable to read printed materi- als due to other print disabilities. • • • UConn is one of 24 U.S. colleges and uni- versities sharing in more than $2.5 million in federal grants to promote innovation in and strengthen their regional economies, authorities say. U.S. Secretary of Commerce Penny Pritzker announced last week that Con- necticut's flagship university will receive $116,667 as one of the winners of the U.S. Economic Development Administration's (EDA) 2016 university center economic development program competition. UConn's grant will support its Con- necticut Manufacturing Simulation Center (CMSC), which will work to increase the capabilities of small- and medium-sized enterprises (SMEs) in computational mod- eling and simulation technologies as a means to cultivate innovation, develop a high-skilled workforce and expand regional businesses. NONPROFIT NOTEBOOK NONPROFIT PROFILE Goodwin College 1 Riverside Drive, East Hartford | www.Goodwin.edu MISSION To educate a diverse student population in a dynamic environment that aligns education, commerce and community. TOP EXECUTIVE SERVICES Mark Scheinberg, President Nonprofit institution of higher education. FY 2015 SUMMARY 2014 2015 Total Employees 765 773 Total Assets $221,840,852 $228,570,757 Total Liabilities $47,541,098 $50,408,646 REVENUES Contributions & Grants $44,882,347 $15,120,066 Program Service Revenue $61,481,316 $64,453,210 Investment Income $(60,259) $9,078 Other $107,122 $247,824 TOTAL $106,410,526 $79,830,178 EXPENSES Grants $13,729,774 $13,031,141 Member Benefits $0 $0 Salaries/Employee Benefits $28,979,684 $31,829,504 Fundraising Fees $0 $0 Other $23,643,029 $27,207,922 TOTAL $66,352,487 $72,068,567 MARGIN $40,058,039 $7,761,611 TOP PAID EXECUTIVES (FY 2015) Base Salary Total Compensation & Benefits Mark Scheinberg, President $531,524 $572,025 Ann Clark, VP Academic Affairs $222,062 $254,008 Jerry Emlet, CFO $180,909 $216,868 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 WHITTLESEY & HADLEY, P.C. What's next for your business? Whittlesey and Hadley is a nationally recognized accounting firm rooted in Connecticut and Massachusetts. Since 1961, we have been providing our clients with audit, tax and business advisory services. Our clients achieve their goals because we deliver superior service and game- changing competitive insights. Our firm has stood the test of time because our partners are committed, trusted advisors. We're here to help. • Tax & Audit Services • Strategic Planning • Business Valuations • Mergers & Acquisitions • Cost Segregation Studies • Litigation Support • Internal Controls • Succession Planning • Estate, Gift & Trust Planning • Technology Consulting Contact us today. 860-522-3111 HARTFORD | HAMDEN | HOLYOKE www.whcpa.com NY • CT • www.cocommunications.com • 860.676.4400

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