Annual Report - Laurel House
Annual Report - Laurel House
Annual Report - Laurel House
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794 hotline calls<br />
Dear <strong>Laurel</strong> <strong>House</strong> Friends and Supporters:<br />
from the co-presidents<br />
As we enter our 30th year we would like to thank our supporters and friends for their commitment to our<br />
mission to serve women and children who are victims of domestic abuse. These are challenging economic times<br />
for individuals and organizations both non-profit and for-profit but we believe that opportunities can be found<br />
even in challenges times.<br />
Funding: As with most organizations, <strong>Laurel</strong> <strong>House</strong> has seen some of its financial resources diminish during<br />
this past year. Government subsidies and private donations have decreased and grant award amounts have<br />
been cut. In response, we have ramped up our fund raising activities and our Development office continues to<br />
uncover new funding streams and we have applied for additional grants. Our grant awards for 2008 - 2009<br />
exceeded our budgeted amount by $75,000.<br />
Investment Portfolio: During the past year many have seen their investment portfolios experience a sharp<br />
decline. Several years ago <strong>Laurel</strong> <strong>House</strong> had established a conservative approach to our investment guidelines<br />
which has fortunately minimized the negative effect on our portfolio due to the downturn in the stock market<br />
Strategic Plan: We completed our most recent multi-year Strategic Plan and have embarked on our new 3 year<br />
plan. We continue to challenge ourselves to advance our mission by improving our facilities, supporting and<br />
developing our staff and resources, and continuing to be responsive to the needs of individuals affected by<br />
domestic violence.<br />
Programs and Services: Even in these difficult times, we continue to provide the same quality of services and<br />
programs to the women and children who come to <strong>Laurel</strong> <strong>House</strong>. In fact, in some areas we have even<br />
strengthened and expanded our programs focusing on community outreach and counseling.<br />
The <strong>Laurel</strong> <strong>House</strong> Board of Directors has recently welcomed 5 new board members to strengthen our board<br />
expertise in several key areas. As board members, we value and appreciate the hard work and dedication of our<br />
exemplary staff. Their professionalism and commitment are the driving force in our mission to serve women<br />
and children who are victims of domestic abuse.<br />
Thank you for sustaining us during these challenging times and we thank you in advance for your continued<br />
support.<br />
Sincerely,<br />
Lisa M. Altomare and James D. Mahoney<br />
Board Co-Presidents<br />
15,262 hours<br />
of volunteer service<br />
one