Hartford Business Journal

July 15, 2019

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www.HartfordBusiness.com • July 15, 2019 • Hartford Business Journal 19 Movers & Shakers Michael LaCrosse has joined West Hartford accounting and consulting firm blumshapiro as a director in its advisory services group. LaCrosse most recently served as vice president and chief financial officer of Industrial Physics. At blumshapiro, he will lead efforts to work with clients on a variety of operational efficiency and process- improvement projects. Jack Smith has joined Lyman Real Estate, a Westbrook commercial real estate firm, as a Realtor. Smith is the past president and CEO of J.E. Smith & Co. Inc., which operated for many years in the wholesale and retail lumber and building materials industry in the greater Waterbury and Southington areas. He has recently been active in the shoreline residential market and is transitioning to the commercial and development industry sector. Melanie S. Tavares has been hired to serve as the new director of the nonprofit support program at The Hartford Foundation for Public Giving. Tavares has worked for several state and national organizations, including the Massachusetts Department of Public Health and the Corporation for National and Community Service. At the Hartford Foundation she will play a significant role in developing a strategic plan focused on creating greater racial, geographic and economic inclusion in Greater Hartford. John J. Patrick Jr. has been appointed as vice chair to the New England advisory board of NBT Bank, an independent, community bank based in Norwich, N.Y. Patrick has more than 30 years of experience in the financial-services industry, having served as chairman, president and CEO of Farmington Bank from 2011 to 2018. Kathryn Redican has been promoted to vice president of operations at Berkshire Hathaway HomeServices New England, New York and Westchester Properties. Redican most recently served as vice president of marketing and business development, where she managed all marketing and communications for the Connecticut, New York and Rhode Island offices. In her new role she will be charged with establishing business- development partnerships, increasing each department's overall effectiveness and streamlining efforts across teams. Matthew Fitzsimmons has joined Hartford law firm Shipman & Goodwin LLP as a partner in the firm's state attorneys general and data privacy protection practice groups. Fitzsimmons was most recently Cigna Corp.'s U.S. privacy officer and lead cybersecurity counsel. Prior to that, he was an assistant attorney general at the Connecticut Attorney General's office, where he worked for seven years. John Donovan is now the general manager of the East Hartford and Hanover, Mass., locations of Tecta America New England, a general contractor. Donovan has been the GM of Tecta America New England's Hanover branch since 2017. He began as a production foreman for Delta Roofing, then became general superintendent, leading to his current position. Kelly Papa was hired to the newly created position of vice president — strategy and community life at Duncaster, a retirement community provider. Papa was most recently the corporate director of learning at Masonicare in Wallingford. At Duncaster she will be responsible for implementing best practices in life enrichment and wellness services across all of Duncaster's locations. Carrie Balicki has joined OneDigital Health and Benefits, a Farmington employee-benefits firm, as vice president of client services. Before joining OneDigital, Balicki was vice president of workforce health operations for Ovation Benefits, prior to it being acquired by OneDigital Health and Benefits in 2013. At OneDigital she will help develop a strategic direction for the company's business operations. Michael LaCrosse John J. Patrick Jr. Melanie S. Tavares Kelly Papa Matthew Fitzsimmons Government Total revenue (2016) $43,067,464 Per capita tax $2,350 Total expenditures $42,043,589 Total indebtedness $20,086,314 as % of expenditures 48% Annual debt service $2,637,335 Moody's bond rating Aa2 Actual mill rate 31.2 Net Grand List $930,610,730 Housing stock Existing units 5,082 % single unit 92% New permits (2017) 27 as % of existing units 0.5% Residential sales 207 Median price $252,600 Median rent $1,141 Top 5 grand list Company Amount CT Light & Power $17,955,950 Chester Investment Trust LLC (Walgreens) $2,886,100 CT Water Co. $2,835,940 White Mountain-Coventry LLC (CVS/Dunkin' Donuts) $2,795,000 Algonquin Gas Transmission LLC $1,969,210 Town Profile Coventry Town Hall address: 1712 Main St., Coventry, CT 06238 (860) 742-6324 News Around Town ■ ■ CT Water Co. recently received approval to build a well-treatment building on Old Eagleville Road in town that will filter and treat drinking water. ■ ■ Median household income in Coventry ($88,967) is 24 percent higher than the statewide average ($71,755). ■ ■ Coventry residents are more educated than the statewide average. Fifty-one percent of residents have an associate degree or higher compared to the statewide average of 45 percent. General Land area (sq. miles) 38 Households 4,707 Median household income $88,967 Poverty rate 3.2% Crime rate (per 100,000 residents) 1,075 Population 2000 11,504 Projected 2020 12,249 Median age 44 Largest age demographic 45-64 (35%) Educational attainment (2016) Persons age 25 or older High school graduate 28% Associate degree 11% Bachelor's or more 40% Labor Force (Residence) Employed 7,423 Unemployed 311 Unemployment rate 4% Places of work Total employers 193 Total employed 1,453 Economics Business profile Sector Units Employ- ment Construction 33 94 Manufacturing 5 91 Retail trade 20 251 Accommodation/food services 12 148 Health care and social assistance 17 146 Total government 11 452 Major Employers • East of the River Veterinary Emergency Clinic • Coventry High School • Highland Park Market • Captain Nathan Hale Middle School • George Hersey Robertson School Source: Connecticut Economic Resource Center

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