NONPROFIT FINANCIAL REPORT 2013 AT A GLANCE ORGANIZATION U.S. POSTAGE PAID HOUSATONIC VALLEY ASSOCIATION PERMIT NO. 54 HOUSATONIC VALLEY ASSOCIATION, INC. AND HVA FOUNDATION, INC. The Housatonic Valley Association’s mission is to save the FALLS VILLAGE natural character and environmental health of our communities by CONNECTICUT HVA 06031 2013 ANNUAL REPORT protecting land and water in the Housatonic River Valley. Cornwall Bridge, CT 06754-0028 CONSOLIDATED STATEMENT OF ACTIVITIES CONSOLIDATED STATEMENT FOR THE YEAR ENDED JUNE 30, 2013 OF FINANCIAL POSITION JUNE 30, 2013 How we spent our TEMPORARILY PERMANENTLY ASSETS THE HOUSATONIC UNRESTRICTED RESTRICTED RESTRICTED TOTAL Current Assets resources WATERSHED Cash and Cash Equivalents $ 309,073 REVENUES, GAINS AND OTHER SUPPORT Accounts Receivable 59,493 Membership Dues $ 65.809 $ - $ - $ 65.809 Prepaid Expenses 9,212 Contributions Above Dues 359,090 - - 359,090 __________ Massachusetts Grants 327,580 121,550 - 449,130 Total Current Assets __________377,778 Events 161,501 - - 161,501 20% Fees 12,251 - - 12,251 HVA STAFF Rent 9,576 - - 9,576 Property and Equipment Lynn Werner OUTREACH/ Special Thanks to our Special Thanks to our Investment Income 4,370 18,972 - 23,342 Land 216,206 WATER Executive Director PROTECTION EDUCATION Green Herons Blue Herons Unrealized Gains on Investments 31,946 76,915 - 108,861 Buildings and Renovations 328,414 MASSACHUSETTS Furnishings and Equipment 166,848 Net Assets Released From Restrictions _________133,525 ___________(133,525) __________- ___________- Dennis Regan Less Accumulated Depreciation __________(404,721) 30% 25% Berkshire Program Director Total Revenues, Gains and Other Support 1,105,648__________ ___________83,912 __________- ______1,189,560_____ Northern Alison Dixon Net Property and Equipment __________306,747 Connecticut Outreach Program Manager* CONNECTICUT LAND PROTECTION USF&WS 65% Tim Abbott Sharon Casdin Tucker and Karen Andersen Other Assets ADMINISTRATIVE/ Nick and Caroline Daifoitis Jack and Pam Baker EXPENSES Greenprint Director Investments 1,006,273 FUNDRAISING LAND PROTECTION Dave and Sandy Dolinsky David Behnke and Paul Doherty Program Services Elaine LaBella Deferred Land Sale Costs 6,342 Land Protection Director Valerie Friedman Marj and Bill Coleman Watch 108,568 - - 108,568 ___________ Total Other Assets Sam Dzieken Ronald Garfunkel and Robert Couturier and Geographic Information Systems 36,998 - - 36,998 ___________1,012,615 12% 33% New York GIS Manager* Sandra Breakstone Jeffrey Morgan Environmental Education 249,589 - - 249,589 TOTAL ASSETS $1,697,140___________ ___________ CONNECTICUT/NEW YORK Ed and Meg Hoffman Oscar and Annette de la Renta Land Protection 267,256 - - 267,256 7% WATER PROTECTION Stephen and Belinda Kaye Len and Maryellen DeJong Water Protection 213,839 - - 213,839 LIABILITIES AND NET ASSETS __________ ___________ __________ ___________ Southern Michael Jastremski Michael and Martha Nesbitt Joe and Barbara Ellis Current Liabilities Connecticut Water Protection Director Total Program Services 876,250 - - 876,250 Connecticut Barbara Page and John Liu Whitey Frew __________ ___________ __________ ___________ Accounts Payable $ 9,460 Tonia Shoumatoff Barclay Prindle and Linda Allard Gallen Accrued Salaries and Wages 9,025 8% New York Watershed Manager* Amy Schuchat Lou and Elaine Hecht STEPHEN Tenant’s Security Deposit ___________568 COMMUNITY EDUCATION AND OUTREACH Supporting Services Allan and Julie Shope Peter Kellogg WOLFE TOTAL CURRENT LIABILITIES ___________19,053 Richard Sears Dick and Pamela Stebbins Roger and Fa Liddell Membership 50,795 - - 50,795 Development Director Bill and Jean Vitalis Ezra and Reeva Mager Events 87,844 - - 87,844 Net Assets Jane Bakker Management and General 24,119 - - 24,119 Communications Coordinator* Kirsten Peckerman Unrestricted Margie Purnell Fundraising __________44,556 ___________- __________- _____44,556_____ Unrestricted, Equity in Property Brenda Singer Membership/Volunteer/Auction Coordinator Ronald and Michelle Saltz Total Supporting Services 207,314 - - 207,314 and Equipment 306,747 __________ ___________ __________ ___________ Angela Rice Anne Swift Unrestricted, Designated by the Board 32,000 Naugatuck River Website Coordinator* Diane von Furstenberg Unrestricted, Undesignated ____________171,386 and Barry Diller Total Expenses 1,083,564 - - 1,083,564 Where we spent our resources FINANCIAL __________ ___________ __________ __________ Total Unrestricted Net Assets 510,133 Patience Lindholm Stephen Wolf Finance Director* Tony and Sally Zunino Temporarily Restricted 322,429 Change in Net Assets __________22,084 ___________83,912 __________- _____105,996______ Permanently Restricted 845,525 Carol Powers ____________ Grants Consultant* Joseph Ruggiero TOTAL NET ASSETS ___________1,678,087 www.hvatoday.org Net Assets at Beginning of Year __________488,049 ___________238,517 ____845,525_____ __________1,572,091 IT Specialist* CT: P.O. Box 28, Cornwall Bridge, CT 06754 860-672-6678 E-mail: [email protected] TOTAL LIABILITIES Ron Skurat MA: P.O. Box 251, South Lee, MA 01260 413-394-9796 E-mail: [email protected] Volunteer Southern Valley Ombudsman Net Assets at End of Year $ 510,133 $ 322,429 $ 845,525 $1,678,087 AND NET ASSETS $1,697,140 __________ ___________ ___________ ________________ ________________________ HVA NY: P.O. Box 315, Wassaic, NY 12592 845-879-1381 E-mail: [email protected]. *PARTTIME 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 Corporate Associates Project Sponsors Project Sponsors Advanced Multifamily Donald and Elizabeth Abbott Lee Bank Kent Conservation Commission Oblong Land Conservancy Kent Land Trust Onota Lake Association Timothy Abbott Litchfi eld Land Trust, Inc. ou are the heart and soul of the Housatonic River Valley. Security Systems King’s Mark RC&D Council Osher Lifelong Learning Institute Aqua Environmental Lab Bernard Adams and Edna H. Travis Loomis Fund Endowment Kleinschmidt Associates Pomfret Computer Technologies Your enthusiasm is contagious. What an unparalleled Aquarion Water Company AKC Fund, Inc. Massachusetts Kozuchowski Environmental Consultants Princeton Hydro The Asen Foundation Environmental Trust Lake Housatonic Authority Pomperaug High School year of collaboration among neighbors and organizations Bennett Sullivan Associates Osprey by NASA Lake Lillinonah Authority Pomperaug River Watershed Coalition Aton Forest, Inc. Millbrook Garden Club ELEANOR SAULYS working to conserve our rivers and natural places! Bicron Electronic Company Lake Waramaug Task Force Pontoosuc Lake Association Aquarion Water Company MITS, Inc. Lake Zoar Authority River Network Bouvier Insurance Board of Directors Berkshire Bank Foundation, Inc. Morris Land Trust Land Trust Alliance Rivers Alliance of Connecticut Y Roxbury Conservation Commission Brewer Stratford Marina Laurel Hill Association President Threats to long cherished community landscapes? Land trusts Berkshire Environmental Naromi Land Trust, Inc. Burns Construction Co., Inc. Litchfi eld Hills Council of Elected Offi cials Saint Michael’s Church Robert P. Houlihan are banding together in record numbers across town borders to Action Team National Fish and Littleville Power Co., Glendale Dam Seymour Land Trust Charter Business help their neighbors save important places. Berkshire Taconic Wildlife Foundation Massachusetts Audubon Society Sharon Audubon Vice Presidents CLY-DEL Manufacturing Co. Community Foundation National Park Service Mass. Division of Ecological Restoration Shelton Economic Development Corp. 300+ Massachusetts Environmental Trust Shelton Land Trust Shep Evans Con-Serv, Inc. acres permanently protected Big Y Foods, Inc. Natural Resources Alternative Support Program, Pittsfi eld Ellen M. Rosenberg Culverts impeding fish and wildlife? Fishing clubs, advocates School System Massachusetts Executive Offi ce of Energy Shepaug River Association Cramer & Anderson Law Offi ce in Norfolk. The Bok Family Foundation Damages Trustees Aquarion Water Company and Environmental Affairs Sierra Club F. Anthony Zunino and neighbors are joining with scientists and road crews to Crane & Co., Inc. Kevin Case New Hartford Land Trust, Inc. Berkshire Environmental Action Team Massachusetts Fisheries and Wildlife Sound School Secretary Colebrook Land Conservancy, Inc. The Norcross Wildlife Berkshire Natural Resources Council Massachusetts Rivers Alliance Southbury Land Trust find and replace these culprit culverts from the Berkshires to Crystal Rock LLC Steele Brook Rangers You protect clean water and healthy, flowing rivers and streams. You conserve forests, meadows and special places for today ... and tomorrow. Borough of Naugatuck Massachusetts Watershed Coalition Leendert T. DeJong D & P Floor Covering Dennis and Pamela Collins Foundation, Inc. Candlewood Lake Authority Tom McGowan Steep Rock Association Northwest Connecticut. Connecticut Farmland Trust Treasurer Dickies Mfg. Co. 500+ Norfolk Land Trust Candlewood Valley Trout Unlimited Millbrook Garden Club Still Flowing Production Team Commonwealth of Massachusetts Cary Institute of Ecosystem Studies MITS, Inc. Still River Alliance Michael M. Nesbitt DSA Companies youngsters participating in North East Foresters Association Polluted runoff choking neighborhood streams? River groups, Restoring stream health and habitat Celebrating rivers The Community Foundation of Conserving land and greenways River. Greenprint put the transaction