FINANCIAL REPORT 2011 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 CONNECTICUT 2011 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, 2011 OF FINANCIAL POSITION JUNE 30, 2011 How we spent our THE HOUSATONIC WATERSHED TEMPORARILY PERMANENTLY ASSETS resources UNRESTRICTED RESTRICTED RESTRICTED TOTAL Current Assets Cash and Cash Equivalents $ 237,257 SUPPORT AND REVENUE Accounts Receivable 94,345 Membership Dues $ 52,294 $ - $ - $ 52,294 Prepaid Expenses 7,050 Massachusetts Contributions Above Dues 247,138 - - 247,138 __________ Grants 266,936 44,900 - 311,836 22% Total Current Assets __________338,652 HVA STAFF Events 191,462 - - 191,462 LAND PROTECTION Fees 21,169 - - 21,169 Lynn Werner BARON DAVID Executive Director Rent 10,292 - - 10,292 30% Investment Income 4,523 20,701 - 25,224 Property and Equipment MASSACHUSETTS Dennis Regan Donated Goods and Services 8,736 - - 8,736 Land 216,206 WATER Buildings and Renovations 306,414 Berkshire Program Director Unrealized Gains on Investments 51,718 99,294 - 151,012 PROTECTION Northern Furnishings and Equipment 166,848 ADMINISTRATIVE/ Alison Dixon Net Assets Release From Restrictions _________78,646 ___________(78,646) __________- ___________- Connecticut Outreach Program Manager* Less Accumulated Depreciation (373,923) FUNDRAISING __________ 22% CONNECTICUT LAND PROTECTION Total Support & Revenue __________932,914 ___________86,249 __________- ______1,019,163_____ 46% Elaine LaBella Net Property and Equipment 315,545 __________ 13% Land Protection Director Tim Abbott OUTREACH/ Greenprint Director EXPENSES EDUCATION Program Services Other Assets Sam Dzieken New York GIS Manager* Watch 115,908 - - 115,908 Investments, at Market 905,048 Geographic Information Systems 29,933 - - 29,933 Deferred Land Sale Costs ___________6,342 35% 13% CONNECTICUT/NEW YORK Environmental Education 311,795 - - 311,795 Total Other Assets ___________911,390 WATER PROTECTION Southern Meghan Ruta Land Protection 245,564 - - 245,564 TOTAL ASSETS ___________$1,565,587 Connecticut Water Protection Manager ___________ Connecticut Celebrating 70 Water Protection __________80,535 ___________- __________- ______80,535_____ Ron Skurat 19% Southern Housatonic Watershed Coordinator* years of working Total Program Services __________783,735 ___________- __________- ______783,735_____ LIABILITIES AND NET ASSETS Tonia Shoumatoff Current Liabilities New York Watershed Manager* together for the COMMUNITY EDUCATION AND OUTREACH Supporting Services Accounts Payable $ 786 Accrued Salaries and Wages 7,034 Richard Sears Housatonic Membership 47,751 - - 47,751 Development Director Tenant’s Security Deposit 551 Events 88,884 - - 88,884 Jane Bakker River Valley! Management and General 33,754 - - 33,754 Equity Line ___________25,000 Development/Marketing Associate* Fundraising __________34,302 ___________- __________- _____34,302_____ TOTAL CURRENT LIABILITIES ___________33,371 Brenda Singer Membership/Volunteer Coordinator* Total Supporting Services 204,691 - - 204,691 __________ ___________ __________ ___________ Where we spent our resources FINANCIAL Net Assets Total Expenses 988,426 - - 988,426 Patience Lindholm __________ ___________ __________ __________ Unrestricted 488,120 Finance Director* Change in Net Assets (55,512) 86,249 - 30,737 Temporarily Restricted 144,205 Carol Powers __________ ___________ __________ ___________ Grants Consultant* Permanently Restricted ____________899,891 Tony Mitchell TOTAL NET ASSETS ___________1,532,216 www.hvatoday.org IT Specialist* Net Assets at Beginning of Year 543,632 57,956 899,891 1,501,479 __________ ___________ _________ __________ CT: P.O. Box 28, Cornwall Bridge, CT 06754 860-672-6678 E-mail: [email protected] *PARTTIME TOTAL LIABILITIES MA: P.O. Box 251, South Lee, MA 01260 413-394-9796 E-mail: [email protected] Net Assets at End of Year $__________ 488,120 $___________ 144,205 ___________$ 899,891 _____$1,532,216______ AND NET ASSETS ____________$1,565,587 __________ ___________ ___________ ___________ ____________ HVA NY: P.O. Box 315, Wassaic, NY 12592 845-879-1381 E-mail: [email protected]. STEVE HDC TO MEMBERS AND FRIENDS Special Thanks to our FOCUS ON WATER Special Thanks to our FOCUS ON LAND THANKS TO YOU AND OUR PARTNERS Project Sponsors Corporate Associates Board of Directors Aton Forest, Inc. A.E. Olsen Co., Inc. Alternative Support Program, Pittsfi eld Kent Bicycle Tours Pomperaug River Watershed Coalition Berkshire Life 1,600+ Service America School System King’s Mark RC&D Council Pootatuck Watershed Association President he Housatonic River fl exed its considerable muscle Berkshire Bank people celebrating the Advanced Alarms and Aquarion Water Company Kozuchowski Environmental Consultants Republican-American Robert P. Houlihan Berkshire Taconic Community The Asen Foundation Lake Housatonic Authority River Network Housatonic and HVA’s 70th Communications, Inc. Berkshire Environmental Action Team Lake Lillinonah Authority Rivers Alliance of Connecticut in 2011. Spring ice fl ows of historic proportions jammed Foundation Vice Presidents Aqua Environmental Lab Berkshire Natural Resources Council Lake Zoar Authority Rotary Club of New Milford Route 7 in South Kent, followed by record fl oods from The Bok Family Foundation birthday. Stephen Paul Booth Aquarion Company/BHC Borough of Naugatuck Laurel Hill Association Roxbury Conservation Commission snow melt and late summer storms Irene and Lee. Earth, Dennis and Pamela Collins Arch Street Communications, Inc. Branson Ultrasonics Litchfi eld High School Sharon Audubon Ellen M. Rosenberg Colebrook Land Bull’s Bridge Inn Legacy Banks Foundation Sharon Center School trees, roads and buildings were washed away with dispatch. The Becton-Dickinson Co. F. Anthony Zunino T Conservancy, Inc. Bennett Sullivan Associates Canaan Inland Wetlands Commission Litchfi eld Hills Council of Elected Offi cials Shelton Economic Development Corp. Commonwealth of Massachusetts Berkshire Enviro-Lab, Inc. Candlewood Lake Authority Littleville Power Co., Glendale Dam Shelton Land Trust Secretary lesson to be learned is to give rivers respect – and plenty of room! Cary Institute of Ecosystem Studies Massachusetts Audubon Society Shepaug River Association Community Foundation of Greater Bicron Electronic Company Leendert T. DeJong Sharon Casdin Massachusetts Environmental Trust Sierra Club New Haven Borden Realtors Kevin Case Massachusetts Executive Offi ce of Energy Sikorsky Aircraft, Div. UTC Treasurer Yet almost on cue in late spring she allowed a tenacious group The Community Foundation of Bouvier Insurance City of Danbury and Environmental Affairs Ellerly Woods Sinclair Michael M. Nesbitt of paddlers to run from her source in Hinsdale, Massachusetts to Northwest Connecticut Brookside Inn City of Derby Massachusetts Fisheries and Wildlife Dr. Robert C. and Tina Sohn Foundation Connecticut Community Fnd. Bulls Bridge Body Shop City of Pittsfi eld National Oceanic Atmospheric Admin. Sound School Milford Point on Long Island Sound. In May we celebrated 70 Cornwall Conservation Trust Cornwall Foundation Southbury Land Trust Linda Allard Charter Business years of collaborative watershed stewardship. For 10 days we David L. Klein Jr. Foundation CLY-DEL Manufacturing Co. Cornwall Volunteer Fire Department Still River Alliance 98 Connecticut Audubon Coastal Center SPECIAL THANKS TO … Still River Cleanup Robert Bailey Dover Knolls Development Co. You protect miles of river and create four new river access sites. Con Serv, Inc. You conserve 170 riverfront acres and protect wildlife habitat and scenic views. guided people down river, stopping along the way for riverfront tributary miles surveyed or Connecticut BASS Federation Nation Marc and Jan Taylor William T. Baker Education Connection Cramer & Anderson Law Offi ce restored. Special Thanks to our Connecticut Chapter, AMC Auction guests, donors, bidders The Nature Conservancy Christine Baranski celebrations with more than 50 partners – environmental EPA/Water Quality Crane & Co., Inc. Connecticut Community Foundation and chairs: Christine Baranski, Thomaston Greenway Committee Joseph Ellis organizations and conservation groups, government leaders, ESS Group, Inc. Crystal Rock LLC Blue Herons Connecticut Department of Energy and Diane von Furstenberg, Annette and Thule, Inc. Protecting rivers Helping to organize the Naugatuck River Conserving riverfront land and trails Assisting Flanders Nature Center to create Shepley Evans Fairfi eld County D & P Floor Covering Environmental Protection Oscar de la Renta, Hamilton South, Town of Cornwall businesses and residents. What an amazing tribute to our collective Community Foundation Conserving 20 acres of undeveloped Housa- new conservation management plans. Connecticut Fund for the Environment Town of Lee Einar Lindholm Assessing/restoring 98 miles of Blackberry, Convocation – the fi rst watershed-wide David E. Lanque, Inc. Robert Couturier, Nancy Novogrod, achievements and to this magnifi cent river valley! This extra- Geoffrey C. Hughes Foundation DSA Companies Conn. Department of Transportation Town of Lenox Far Mill, Naugatuck, Shepaug, Still and gathering on economic and environmental