FISCAL YEAR 2014 Annual Report

Transcription

1 Annual Report

2 Colleagues, Friends & Families, Do to the many difficult challenges that confronted Walnut Street Center, Inc. during Fiscal Year , we experienced and overall annual loss. In a 2007 EOHHS Report, the state acknowledged that over two decades of underfunding the human service sector had resulted in potential insolvency for numerous programs that were being reimbursed far below the actual cost of providing services and supports for people living in community programs. Unfortunately, WSC fell into this category. While WSC experienced some financial challenges we remained committed to minimizing their effects on our services and programs. As you can see from this report we reinvested in our staff, programs and processes while at the same time cutting excessive spending where possible to ensure that we continue to provide quality services and programs despite economic challenges. Thanks to the leadership of our Board of Directors, the tireless efforts of our entire staff, and tremendous support from community members, we have been able to effectively respond to the challenges that brought to us. We experienced changes in funded when Chapter 257 was implemented and the new rates brought a much needed infusion of fiscal resources into Walnut Street Center, Inc. We are optimistic about the upcoming fiscal year and hope that all of you will partner with us in this effort to maintain the quality system of care that our community has come to expect of us. We welcome you to join us in advocacy initiatives and hope you can help by supporting our Annual Fund. Joe Churchill Executive Director 2

3 INDIVIDUALS SERVED AND SERVICES PROVIDED IN During the fiscal year 2014 Walnut Street Center, Inc. supported 150 individuals from Somerville and surrounding communities with Developmental Disabilities. Additionally Walnut Street Center, Inc. takes pride in being a large employer in the communities that we serve Program Individuals Supported Employees Residential twenty four hour supports Residential less 17 7 twenty four hour supports Individual Supports 15 3 Employment Services Day Habilitative Services MISSION STATEMENT The Mission of the Walnut Street Center is to provide adults, with development disabilities, opportunities to live engaged in meaningful lives. The agency accomplishes this mission by offering a variety of support services that provide opportunities to live, work, volunteer and socialize in the community. 3

4 Program Highlights Reallocation of assets WSC consolidated some long-term vacancies, going from eight (8) vacancies to two (2). This allowed us to sell two properties and cut unnecessary operating costs. WSC also evaluated staffing ratios, schedules and positions, cutting underutilized hours and/or positions. Reinvestment in employees: o WSC negotiated our union contract to include: 5-3-3% salary increases for the next three years 401K match Financial incentives for training compliance o WSC plans a roll out of a 12 week Community Support Worker (CSW) training series for early FY15 o WSC doubled clinical and nursing supports for residential programs Reinvigorating of programs and services o WSC spent 370, maintenance and rehabilitation of residential programs o WSC focused on Quality Services by adding a new Director of Quality/Training and rolling out new systems o WSC added many recreational activities for individuals receiving supports: Winter dance series Trips to Cape Cod, Canopy Lake park, North shore theater & Cavalier Women s group & RAP group Reenergizing of workforce o WSC chose Providers eacademy curriculum for our CSW training series. The Providers Council online leaning management system is designed to advance workforce training and professional development. This program will also help us to meet and exceed licensure and accreditation requirements. o WSC expanded our recruitment efforts by seeking out new venues through which to recruit. We have a current workforce of 231; 60 of whom are new employees at WSC in the last fiscal year 4

5 ASSETS: Statement of Financial Position Walnut Street Center, Inc. and Affiliates and Community Alternative Residential Environments, Inc. Combining Balance Sheet As of June Cash and Cash Equivalents Accounts Receivable, Net Prepaid Expenses Other Assets Net Property and equipment TOTAL ASSETS LIABILITIES Accounts Payable Accrued Expenses Donor Life State $ 191,440 $ 914,043 1,092, ,264 42,853 62, , ,350 9,306,811 9,500,407 10,918,343 11,146,480 $ 155,134 $ 258, , , , ,310 Funds Held in Trust 7,553 8,201 Mortgages and Notes Payable TOTAL LIABILITIES NET ASSETS Unrestricted Net Assets Temporarily Restricted Net Assets 5,341,215 5,144,461 6,220,766 6,021,273 3,698,766 4,093, ,811 1,031,971 TOTAL NET ASSETS 4,697,577 5,125,207 TOTAL LIABILITIES AND NET ASSETS 10,918,343 11,146,480 5

6 FY 2014 Expenditures: $12,008,044 FY 2014 Revenue by Source: $11,580,414 FY 2014 Revenue by 6

7 Special Thank You to Our Donors Friend $ 1-99 Moscarito, John & Joan Grace, Edward Nicoloro, Rita Charles, Myrtha Stefanou, John and Mercina Doucette, Ann Winifred Lawn Stefanou, John Tyler, Margaret M Briere, Joseph & Rosemary Vecchiarello, Anne Stace, James DiFusco, Lori Aprile, Arnie Pandorf, Ronald Staley, Kim DiFusco Household DeBenedetto Household Baxter, James Trementozzi, Ann Marie Little, George T.F. Murphy Florist Design Consultants, Inc. DiFusco Household Belmonte, Louis Morgan, Delores Nickeson, David Pereira, Venilde Anthony, Elaine and George Angela Romanski Corso, Deolinda MacMunn, Mary & Robert Brukilacchio, Lisa Perry, Claire Jacobs, Mary Lou Judith McCarthy Melvin, George & Kathleen Velez, Madeline Carney Household Shaws Supermarket O'Callaghan, Elaine Hall, Mark and Francis Gamel, George & Anita NW Pest Control Hall, Frances and Mark Caven, David & Eleanor Stevens, Gordon Farmer, Fran 7 Malone, Eugene IBM Employee Services Center

8 Patron $ Supporter $ O'Keefe, Diane Green Cab Co. Giroux, Howard & Jeanne Wylie, Andrew D'Aurora, Anthony & Mary Yih Family Roach, Nancy Doran, Marie O'Callaghan, Maureen Green, James Croft, Diane McCue, Gerald Visiting Nurse Assisted Living Communities Mary Ellen and Paul Stanton Carroll Roofing Toomey, JR., Timothy J Potter, Kerstin The Leo Family Michael P Debenedetto Martha's Vineyard Savings Bank Gatlin, Kevin Wedgewood-Crane & Connolly Insurance Agency, Inc. Kaufman, Sharon Ryan & Coscia, P.C. The Baxter Household Donovan-Aufiero Funeral Home Morrison, June Errico Strudio LLC Mahoney, John & Carol Kurdzionak, Theresa Tufts University The Andrus Household Carl F. Cavossa, Jr. Excavating, Inc Brune, Eugene Cambridge Trust Company Devaron, Lorna Third Street Associates, Inc. Hirsch, Jeffrey & Deborah Clinical Solutions Citizen $ East Cambridge Savings Bank Connolly, Jack Selines Household Thomas and Mary Ellen Graney Irving House At Harvard Trinity Property Management, Inc. Somerville Lions Club Somerville Rotary Curtatone, Mayor Joseph A. Mission Associate $ Mutual Of America Moser, Peter Pizzella, Mary McDonough, John C Dreams For Youth Friend of family $ Eastern Bank Charitable Foundation CPCU Credit Union Founder $ 10,000 Bavin, Lucille 8

9 Walnut Street Center Board of Directors Founder & President: John Mahoney Somerville, MA Treasurer: James Griffiths Newburyport, MA Clerk: Stephen Prescod Somerville, MA Directors at Large Alex Capobianco Somerville MA Craig Orsi Millis, MA Summary or Services Walnut Street Center (WSC) Inc. is a non-profit agency that provides a wide-array of services to individuals with intellectual and/or developmental disabilities. These services include twenty-four hour residential supports, individual home supports, supported employment, center based work, and day habilitation. Residentially, the agency currently serves approximately 99 individuals and it serves 45 individuals through its Employment and Center Based Work supports. The services provided to individuals served id funded through the Department of Developmental Services (DDS) from the Charles River West and Central Middlesex Areas. The center was started in the late 1960 s by a community of parents seeking services for their children. Through hard work and determination the agency has expanded to provide the services mentioned above. The agency is proud to partner with Somerville and surrounding communities to provide quality services. For more information or to make a donation please visit our website at: 9