FINANCIAL REPORT 2012 AT A GLANCE NONPROFIT ORG. U.S. POSTAGE HOUSATONIC VALLEY ASSOCIATION HOUSATONIC VALLEY ASSOCIATION, INC. AND HVA FOUNDATION, INC. The Housatonic Valley Association’s mission is to save the PAID PERMIT NO. 19 natural character and environmental health of our communities by CORNWALL BRIDGE HVA 2012 ANNUAL REPORT protecting land and water in the valley. Cornwall Bridge, CT 06754-0028 CONSOLIDATED STATEMENT OF ACTIVITIES CONSOLIDATED STATEMENT FOR THE YEAR ENDED JUNE 30, 2012 OF FINANCIAL POSITION JUNE 30, 2012 How we spent our TEMPORARILY PERMANENTLY ASSETS THE HOUSATONIC UNRESTRICTED RESTRICTED RESTRICTED TOTAL Current Assets resources WATERSHED Cash and Cash Equivalents $ 265,396 REVENUES, GAINS AND OTHER SUPPORT Accounts Receivable 111,769 Membership Dues $ 62,075 $ - $ - $ 62,075 Prepaid Expenses 7,471 Contributions Above Dues 318,853 - - 318,853 ______Grants 684,213 114,667 - 798,880 Total Current Assets ______384,636 Events 181,149 - - 181,149 16% Fees 21,604 - - 21,604 ADMINISTRATIVE/ HVA STAFF Property and Equipment FUNDRAISING Rent 8,779 - - 8,779 Lynn Werner Special Thanks to our Investment Income 3,639 20,948 - 24,587 Land 216,206 Executive Director Special Thanks to our Buildings and Renovations 328,414 Green Herons Donated Goods and Services 4,732 - - 4,732 12% MASSACHUSETTS Blue Herons Unrealized Gains on Investments 6,452 21,943 - 28,395 Furnishings and Equipment 166,848 Dennis Regan Less Accumulated Depreciation (390,127) Berkshire Program Director Net Assets Released From Restrictions ______117,612 ______(117,612) ______- ______- ______OUTREACH/ EDUCATION Northern Alison Dixon Net Property and Equipment 321,341 Outreach Program Manager* Total Revenues, Gains and Other Support ______1,409,108 ______39,946 ______- ______1,449,054______LAND PROTECTION Connecticut 20% *64% CONNECTICUT LAND PROTECTION David Behnke and Paul Doherty Tim Abbott Ed and Meg Hoffman EXPENSES Other Assets 51% Greenprint Director Barton and Debby Jones Program Services Investments 881,362 Elaine LaBella Tucker and Karen Andersen Watch 92,994 - - 92,994 Deferred Land Sale Costs ______6,342 Land Protection Director Michael and Martha Nesbitt Bob and Julie Bailey WATER Dick and Pamela Stebbins Geographic Information Systems 26,865 - - 26,865 Total Other Assets 887,704 Sam Dzieken Jack and Pam Baker JIM HERITY ______PROTECTION Environmental Education 260,846 - - 260,846 (*40% ) New York GIS Manager* Bill and Jean Vitalis Marj and Bill Coleman 1 TOTAL ASSETS ______$1,593,681 Land Protection 610,530 - - 610,530 ______CONNECTICUT/NEW YORK Robert Couturier 7% CARLSON WENDY Water Protection ______170,594 ______- ______- ______170,594_____ 17% WATER PROTECTION and Jeffrey Morgan LIABILITIES AND NET ASSETS Southern Meghan Ruta Len and Maryellen DeJong Total Program Services ______1,161,829 ______- ______- ______1,161,829_____ Connecticut Water Protection Director Current Liabilities Connecticut Joseph and Barbara Ellis Tonia Shoumatoff Whitey and Judy Frew Supporting Services Accounts Payable $ 13,157 13% New York Watershed Manager* Membership 52,662 - - 52,662 Accrued Salaries and Wages 7,876 Linda Allard Gallen Ron Skurat Lou and Elaine Hecht Events 84,655 - - 84,655 Tenant’s Security Deposit ______557 Southern Housatonic Watershed Coordinator* Peter Kellogg Management and General 30,239 - - 30,239 TOTAL CURRENT LIABILITIES ______21,590 COMMUNITY EDUCATION AND OUTREACH Fundraising ______79,794 ______- ______- _____79,794_____ Richard Sears Michael and Laurence Levin Net Assets Development Director Roger and Fa Liddell Total Supporting Services ______247,350 ______- ______- ______247,350_____ Unrestricted Jane Bakker Ezra and Reeva Mager Communications Coordinator* Ben Nickoll Total Expenses ______1,409,179 ______- ______- ______1,409,179 Unrestricted, equity in property and equipment 321,341 Brenda Singer and Christine Armstrong Membership/Volunteer Coordinator* Barbara Page and John Liu Change in Net Assets ______(71) ______39,946 ______- ______39,875 Unrestricted, undesignated ______166,708 Where we spent our resources FINANCIAL Kirsten Peckerman Total Unrestricted Net Assets 488,049 Refl ects $375,000 of pass-through funds for purchase Patience Lindholm Barclay Prindle Net Assets at Beginning of Year * Finance Director* of Frost Farm conservation easement. and Amy Schuchat as previously reported ______488,120 ______144,205 ____899,891______1,532,216 Temporarily restricted 238,517 Carol Powers Margie Purnell Permanently restricted 845,525 Grants Consultant* ______Anne Swift Prior Period Adjustment 2 ______- ______54,366 ______(54,366) ______- Joseph Ruggiero TOTAL NET ASSETS ______1,572,091 www.hvatoday.org IT Specialist* Diane von Furstenberg and Barry Diller Net Assets at Beginning of Year as Restated ______488,120 ______198,571 ______845,525 _____1,532,216______CT: P.O. Box 28, Cornwall Bridge, CT 06754 860-672-6678 E-mail: [email protected] *PARTTIME Tony and Sally Zunino TOTAL LIABILITIES MA: P.O. Box 251, South Lee, MA 01260 413-394-9796 E-mail: [email protected] Net Assets at End of Year $______488,049 $______238,517 ______$ 845,525 _____ $1,572,091______AND NET ASSETS ______$1,593,681 ______HVA NY: P.O. Box 315, Wassaic, NY 12592 845-879-1381 E-mail: [email protected]. STEVEN PINKER 1) Refl ects $375,000 of pass-through funds for purchase of Frost Farm conservation easement. 2) The prior year fi nancial statements have been restated for the correction of an error in the 2012 classifi cation of net assets which were classifi ed as permanently restricted but should have been reported as temporarily restricted. Board of Directors TO MEMBERS AND FRIENDS Special Thanks to our FOCUS ON WATER Special Thanks to our FOCUS ON LAND Special Thanks to our THANKS TO YOU AND OUR PARTNERS President Corporate Associates Project Sponsors Project Sponsors Robert P. Houlihan Vice Presidents Advanced Alarms and Donald and Elizabeth Abbott McKellan Group Kent Conservation Commission Shep Evans Communications, Inc. Paul and Terese Abbott Middlebury Land Trust, Inc. Kleinschmidt Associates AJA Risk Management Consultants Kozuchowski Environmental Consultants Ellen M. Rosenberg his last year was a challenge for the watershed, but she Bernard R. Adams Millone & MacBroom, Inc. Lake Housatonic Authority

Aqua Environmental Lab STEVEN PINKER F. Anthony Zunino and Edna H. Travis MITS, Inc. Lake Lillinonah Authority held her own. On a surreal October day we watched snow Aquarion Water Company AKC Fund, Inc. Morris Land Trust Lake Zoar Authority Arch Street Communications, Inc. Secretary accumulate on the leaves of trees followed by the sad sound Land Trust Alliance Becton-Dickinson Co. 14 Anonymous Naromi Land Trust, Inc. Leendert T. DeJong of oak limbs cracking and the thud of one fallen tree after The Asen Foundation National Audubon Society, Inc. Laurel Hill Association Bennett Sullivan Associates places left in the watershed Litchfi eld Hills Council of Elected Offi cials Treasurer Aton Forest, Inc. National Fish And Wildlife Tanother. The winter was nearly snowless and then through Spring Berkshire Enviro-Lab, Inc. known to still have the rare Littleville Power Co., Glendale Dam Michael M. Nesbitt Bicron Electronic Company Berkshire Life, Foundation Massachusetts Audubon Society and Summer it just got hotter and drier by the day. This summer Bouvier Insurance and tiny bog turtle. a Guardian Company New Hartford Land Trust Massachusetts Environmental Trust Linda Allard was one of the hottest and driest on record and yet the small Bulls Bridge Body Shop Berkshire Taconic Community The Norcross Wildlife Massachusetts Executive Offi ce of Energy Christine Baranski tributary streams that our volunteers and River Stewards sampled Burns Construction Company, Inc. Foundation Foundation, Inc. and Environmental Affairs C.H. Nickerson & Co., Inc. Big Y Food, Inc. Norfolk Land Trust Massachusetts Fisheries and Wildlife David Behnke managed to stay fairly healthy. Enough regular groundwater CLY-DEL Manufacturing Co. Alternative Support Program, Pittsfi eld National Oceanic Atmospheric Admin. Pomfret Computer Technologies The Bok Family Foundation Barbara Page and John Liu Princeton Hydro Joseph Ellis Con Serv, Inc. School System National Park Service

recharge occurred to sustain fresh, cold water fl ows – and the JIM HERITY Kevin Case Pawling Engineered Artwell Gallery, Inc. Pomperaug High School Barton Jones Cramer & Anderson Law Offi ce Naugatuck River Revival Group Dennis and Pamela Collins Products, Inc. Berkshire Environmental Action Team Naugatuck River Watershed Assoc. Pomperaug River Watershed Coalition Einar Lindholm trout, turtles and aquatic life that depend on them. Crane & Co., Inc. You protect clean water and healthy, fl owing rivers and streams. Commonwealth of Massachusetts You conserve forests, meadows and special places for today ... and tomorrow. The Peter and Carmen Lucia Berkshire Natural Resources Council New Milford Recreation Association Pootatuck Watershed Association James H. Maloney D & P Floor Covering River Network Community Foundation of Buck Foundation, Inc. of Naugatuck Newtown High School Ecton Manning DSA Companies Canaan Inland Wetlands Commission Newtown Planning and Zoning Commission Rivers Alliance of Connecticut We know that repeated drought conditions can damage these Ford’s Auto Service Northwest Connecticut Hector and Erica Prud’homme James S. McInerney, Jr. Candlewood Lake Authority New York Dept. of Environmental Cons. Roxbury Conservation Commission streams so our work to encourage innovative low impact Franklin G. Pilicy, P.C. Connecticut Community Republican American Cary Institute of Ecosystem Studies Northeast Naturalist Services Saint Michaels Church Barclay Prindle Gaylordsville Country Store, LLC Restoring stream health and habitat protect the pure local waters so critical to Foundation Conserving land and greenways Highlands and the Greater Litchfi eld region. Rivers Alliance of City of Ansonia Northwest Conn. Conservation District Seymour Inland Wetlands Commission Richard Stebbins development techniques is truly needed. The goal is to infi ltrate, Price Chopper’s Golub Foundation One road crossing at a time by surveying the survival of this tiny creature. Connecticut Farmland Trust Preserving 20 acres of the Housatonic Advancing plans to conserve 311 acres Connecticut, Inc. City of Danbury Northwest Conn. Council of Governments Seymour Planning and Zoning Marc Taylor* fi lter and store storm water close to where it hits the ground. Harney & Sons Fine Teas The Connecticut Light Rotary Club of New Milford City of Derby Oblong Land Conservancy Commission 30+ nearly 800 road culverts in the Riverfront Frost Farm in Sharon with the in Norfolk with the Norfolk Land Trust, City of Pittsfi eld Osher Lifelong Learning Institute Sharon Audubon Steven J. Whitman HD Supply Waterworks and Power Company Salisbury Association, Inc. Most important, after decades of work, we and our partners Heritage Deli & Cafe years to pass a workable with the Berkshire Environmental Action Celebrating rivers Sharon Land Trust – another link in the Connecticut Department of Energy City of Torrington Shelton Economic Development Corp. Cornwall Conservation Trust Bruce Schnitzer Shelton Land Trust Heritage Development Group, Inc. stream fl ow protection City of Waterbury Honorary Member were able to establish Connecticut Stream Flow Regulations to Team and UMASS to restore stream fl ow Publishing two new Paddle Guides to the Cornwall Foundation Housatonic River Greenway! and Environmental Protection and the Sharon Land Trust Connecticut BASS Federation Nation Shepaug River Association Herman Realty Corporation regulation in Connecticut. Housatonic River – an updated guide for Crane & Co., Inc. Conserving 800 acres of Northeast Utilities- Highlands Conservation Act. Connecticut Chapter, AMC SPECIAL THANKS TO … Sierra Club Allan L. Frew protect both natural stream fl ows and vital public drinking water Industrial Paper and and allow fi sh and wildlife to pass freely – Shepaug River Association Crystal Rock Sikorsky Aircraft, Div. UTC Connecticut Department of Energy and Sound School Diane von Furstenberg supplies. We are one of the fi rst states in the nation to do so! Plastic Products Co. and survive. the River in Berkshire County and a brand owned lands in the river valley – 723 acres Auction guests, donors, bidders Southbury Land Trust David L. Klein Jr. Foundation Steep Rock Association, Inc. Environmental Protection The Interlaken Resort and Sampling the health of 18 more streams new companion guide for the River in in Sharon/Kent and 57 acres in Newtown Protecting fragile natural areas Connecticut Fund for the Environment and chairs: Christine Baranski, Steele Brook Rangers Conference Center Dr. Robert C. and The Trust for Public Land Advisory Council 800+ in Sharon, Amenia, Cornwall, Goshen, Connecticut! – with partner groups, state agencies Pursuing environmental protections with Conn. Department of Transportation Diane von Furstenberg, Annette and Still Flowing Production Team No sooner did we celebrate this victory than we faced the loss of Iroquois Gas Transmission System Tina Sohn Foundation U.S. Fish and Wildlife Service Connecticut Farmland Trust Oscar de la Renta, Hamilton South, Still River Alliance road crossings assessed for Inspiring the next generation of environ- and NU, and extending the NU/ Cricket Valley’s Natural Gas Power Plant The Nature Conservancy Robert Bailey our mentor and friend Dr. Marc Taylor. Marc challenged us to J. J. Brennan Construction Co. Torrington, Warren, Washington, Morris, Education Connection Union Savings Bank Conn. Forest and Park Association Robert Couturier, Nancy Novogrod, David Dolinsky Jam (Kennedy Foods, LLC) replacement by voluneers to Bantam and Litchfi eld. mental leaders through our work with the Fields Pond Foundation, Inc. Connecticut Department of Energy and proposal in Dover Plains including low Upper Housatonic Valley Conn. Land Conservation Council Julianna Margulies, E. Graydon Thomaston Greenway Committee Conn. League of Conservation Voters Thule, Inc. W. Paul Dooley work together to fi nd societal solutions to pressing environmental Klemm Real Estate help wildlife movement. Museum Institute for Teaching Science to FirstLight Power Resources impact development to protect sensitive National Heritage Area Carter, Pam Baker, Dorothy Cann Litchfi eld Bancorp Documenting conditions along Battle- Environmental Protection agreement to Connecticut Outdoors Hamilton and Anne Swift. Town of Beacon Falls Mary Flynn problems. Marc’s legacy of compassion and determination will Flanders Nature Center, Inc. The Valley Community Town of Cornwall Litchfi eld Insurance Group swamp Brook with the Shepaug River help educators teach river dynamics; our give conservationists the fi rst option to buy wetlands, installation of a stream gauge Cornwall Conservation Trust Geoffrey C. Hughes Foundation Town of Harwinton Charles Fredette always live on here at HVA! As will our commitment to you – Northeast Utilities Council of Governments of the Greater Tournament golfers and Association to help Roxbury residents Pittsfi eld Summer Playground Program Foundation, Inc. NU lands of conservation importance. to monitor fl ow and water quality and the Michael Victor Naugatuck Valley Town of Lee Christopher Kukk, Ph.d O & G Industries, Inc. sponsors: Crystal Rock, Charter the heart and soul of all that we do. Thank you! for children; our 40-plus elementary and Goshen Land Trust conservation of nearly 80 acres on site. Danbury Public School System Town of Lenox David Platt O’Connor Davies Munns investigate stream health. Providing bus tours of the Naugatuck River Eliot and Annick Wadsworth Business, Heritage Development Hartland Land Trust Warren Land Trust, Inc. Education Connection Town of Litchfi eld Harmon Smith & Dobbins, LLP Making history with our partners in middle school programs; guided family Valley to help the 14-town region gain Hosting a Green Infrastructure Conference ESS Engineering Group Corp., FirstLight Power Resources, Town of New Milford Louis and Elaine Hecht Watertown Land Trust William N. Vitalis Old Mill Builders LLC November when Connecticut adopted one river paddles; collaborating with Artwell National Heritage status. in Millerton that inspired a new Village Friends of the Great Swamp Northeast Utilities System, O’Connor Town of Seymour Phoenix Realty Management Iroquois Gas Transmission System Weantinoge Heritage, Inc. Friends of the Lake Davies Munns & Dobbins, People’s Town of Sheffi eld Pitney Bowes of the nation’s fi rst regulations to protect Gallery on the year-long Housy River Jeniam Foundation Planning a Housatonic bike trail with the Conservation Advisory Committee. Lynn Werner Friends of the Great Swamp United Bank, O&G Industries, Town of Shelton Platt Brothers & Co. healthy stream fl ows and vital public Fest of art workshops; and with Educa- Jessie B. Cox Charitable Upper Housatonic Valley National Heritage Helping 10 towns from Brookfi eld to The Werth Family Foundation Denny Frost Zuberry Associates, Heritage Village Town of Stratford R.T. Facts Lead Trust Great Barrington Trails & Greenways Golf Course and Hospitality, Hole-in- Town of Thomaston water supplies, and pursuing similar river tion Connection and the Pomperaug River Area, the NW Connecticut Conservation Shelton and Ansonia explore low impact Town of Watertown Race Mt. Tree Services, Inc. Barton and Debby Jones Electric Co. Greater Valley Chamber of Commerce one and Tee and Green sponsors. protections in Massachusetts with the Watershed Coalition to teach high school District and town leaders from New development land-use strategies. Healthy Valley Committee/Valley Health & Trout Unlimited Salisbury Bank Marge Josephson White Memorial Foundation Sharon Optical students about climate change impacts on Milford to the Massachusetts border. Human Services Council Aquarion Water Company The Trust for Public Land Massachusetts Rivers Alliance. Stay tuned! Kent Land Trust F. Anthony and Sally Auer Zunino U.S. Environmental Protection Agency Smith & Company Housatonic Fly Fishermen’s Assoc. and their partners for the Raising the visibililty of the Naugatuck rivers and Sound. By year’s end, we were launching a new Housatonic River Commission United States Geologic Survey The Stone Construction Co., Inc. Lake Waramaug Task Force Housatonic Environmental *We lost Marc Taylor in the River by launching a new Web site that Land Trust Alliance Greenprinting the Litchfi eld Hills website to share Greenprint strategies, data, Housatonic River Initiative Challenge: Burns Construction Valley Council of Governments Tighe & Bond Valley United Way Lee Bank Housatonic Riverwalk Company, Inc.; C.H. Nickerson Spring of 2012. He remains Ward’s Nursery highlights recreation, environment and At year’s end, we were exploring nutrient Supporting new landscape conservation and maps – www.litchfieldgreenprint.org; Housatonic Valley Council of Elected Wamogo High School Company, Inc.; HD Supply Waterworks; forever in our hearts. Webster Bank river events – www.naugatuckriver.net. reduction strategies with Friends of the Lake and Litchfi eld Land Trust, Inc. initiatives with the 23 member land trusts of exploring a new riverfront footpath in Cornwall; Offi cials Washington Environmental Council Westage Companies Massachusetts Audubon Society Housatonic Valley Regional High School J. J. Brennan Construction Company; Waterbury Greenway Committee and Tighe & Bond ALL PHOTOS FROM HVA FILES Winters Brothers Waste Systems Defending bog turtle habitat in Northeast preparing to evaluate new PCB cleanup plans Massachusetts the Litchfi eld Hills Greenprint Collaborative and promoting the Naugatuck River Greenway Kent Bicycle Tours WCSU EXCEPT WHERE NOTED. Robert P. Houlihan, President Lynn Werner, Executive Director Zuberry Associates by calling on new retail development to for the Housatonic River south of Pittsfi eld. Environmental Trust in the Aspetuck Watershed, the Taconic with the National Park Service. DUANE RAVER USFWS King’s Mark RC&D Council Joanne Wojtusiak