Annual Report - Newport Mansions
Annual Report - Newport Mansions
Annual Report - Newport Mansions
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Photo by corbettphotography.net<br />
6 The Preservation Society of <strong>Newport</strong> County<br />
CEO & Executive<br />
Director’s <strong>Report</strong><br />
By Trudy Coxe<br />
Delivered as a slide show at the Preservation Society's<br />
<strong>Annual</strong> Meeting, June 12, 2008<br />
T<br />
Ifeel blessed because I have the opportunity every day of the<br />
week to witness the thoughtfulness you have just heard<br />
from Pierre Irving. He cares very much about this<br />
organization. I know that his hand is steady at the helm. And I am<br />
very proud to have him as the leader of our organization.<br />
Like Pierre, I want to thank the entire Board of Trustees. Our<br />
Board is very committed and supportive and they help in many,<br />
many ways. I also share with Pierre the view that our employees<br />
are probably the best anywhere in the country. They are the<br />
hardest working people, some of the nicest people that anyone<br />
could ever know. And our volunteers and members – you just<br />
make this organization work. People who weed the gardens at<br />
Rosecliff, organize the balls and give us your financial support—we<br />
could not do all the things we’ve done and we would not have had<br />
a great year if it were not for the support of all of you.<br />
My job tonight is to give you the year in review. I had a question<br />
I sent out to the staff in getting ready for tonight. I asked every one<br />
of our senior staff members what was their best memory of the<br />
year, what did they think was the most memorable event, what was<br />
the one decision made, what was the one action taken, that really<br />
stood out in their minds. I have to tell you I got some unbelievable<br />
answers, ones that I did not expect. For example, I expected that<br />
Wine expert Kevin Zraly orchestrated a lively and successful auction at the<br />
<strong>Newport</strong> <strong>Mansions</strong> Wine & Food Festival. Photo by Andrea Carneiro<br />
Jeff Moore, our conservator, would tell me that the collapse of the<br />
ceiling at Chateau-sur-Mer was the memorable event of the year<br />
for him. But you know when I got his e-mail response, I called<br />
him and said: “Are you sure this is your answer? I don’t<br />
understand.” The thing that was most memorable in his mind,<br />
was working on the Mission Statement. And when I called him<br />
and asked, “Are you sure that’s your answer?” he told me : “Oh<br />
yeah. I’m used to calamity. I mean this is what I do all the time. It<br />
was a joy to work with words. That was fun. That was<br />
memorable.”<br />
So, administrative victories. We grew our admissions by 2%,<br />
plus we grew our membership by 30% - we’re now one of the<br />
largest membership organizations in Rhode Island, which I think is<br />
incredible: 20,000 people. We grew our corporate sponsorship<br />
program, we surpassed our <strong>Annual</strong> Fund, we created a new<br />
retirement program for our employees. These may not seem to be<br />
the most exciting accomplishments, but they’re very important, and<br />
we had fun doing them.<br />
Most important in my mind was that we changed our health<br />
care plan radically. Anyone who is in business knows that health<br />
care is the hot-button issue. A few years ago we were told that our<br />
health care costs would increase by about 20% a year, and that by<br />
the year 2008 we’d be spending about a million dollars a year on<br />
health care, up from the $500,000 that we were spending several<br />
years ago. That’s a lot of money. And it’s money that is taken away<br />
from caring for the buildings and the collections. So we went in a<br />
new direction; we created a new high-deductible health savings<br />
account program, and brought our health care plan cost down to<br />
$557,000—and this year there was no increase. Whenever I hear<br />
Senators Obama and McCain talking about how to get health care<br />
prices under control I shout at the TV: “Come to the Preservation<br />
Society! We’ve done it! We have solved the problem!”<br />
We had a fantastic year of fundraising events. The Flower<br />
Show was a great success last year. One week later, we celebrated<br />
the Tall Ships Ball. It brought people from around the world…<br />
people who care about the maritime history of this country and<br />
the maritime history of <strong>Newport</strong>. It’s one of the reasons Admiral<br />
Weschler is receiving a Laurel Award tonight, because he is so<br />
adamant about making sure that Tall Ships is a part of the<br />
<strong>Newport</strong> community.