Hudson Highlands Fjord Trail Steering Committee We are grateful to the nineteen organizations that comprise our Steering Committee. At least one representative from each of the following organizations serves on the committee. The role of committee members is to share project information with their respective entities and provide an ongoing, reciprocal flow of communications on the project. Project Lead Scenic Hudson Nonprofits Hudson Highlands Land Trust The Lenape Center New York – New Jersey Trail Conference Open Space Institute Riverkeeper State Agencies New York State Office of Parks, Recreation and Historic Preservation New York State Department of Transportation New York State Department of Environmental Conservation New York State Department of State New York Metro Agencies Metro-North Railroad New York City Department of Environmental Protection Municipalities Village of Cold Spring Town of Philipstown Town of Fishkill City of Beacon Community-Based Nonprofits Friends of Fahnestock and Hudson Highlands State Park Little Stony Point Citizens Association Town of Philipstown Greenway Committee In appreciation of our donors We are so grateful to the following individuals and foundations for their “Early Bird” support during the 2022 fiscal year. These contributions are making a difference now as Fjord Trail moves from vision to reality. Thank you! Darron Berquist Rebecca Carroll J.M. Kaplan Fund Dan Kramer & Judy Mogul The Martin Family Shelby Cullom Davis Charitable Fund Lucy R. Waletzky, M.D. With thanks to our volunteers Heartful thanks to all of the volunteers who have helped, and continue to help, HHFT fulfill its mission and vision. Kim Bong Tara Carroll Julia Famularo Peter Farrell Rich Franco Mai Jacobs Graham Lawlor Teresa Lundgren Fred Martin Kaelin Martin John Martin Claudio Marzollo Davis McCullom Mike McKee Kathleen McLane Nancy Montgomery Keith Reilly Randy Ross Jen Saleski Katrina Schindledecker Karen Shea Andrew White Alison Wilkes Statement of Activities Fiscal Year Ending June 30, 2022 Revenue Foundations $ 45,002,500 Government – Individuals 52,910 Other (460,972) TOTAL REVENUE 44,594,438 Expenses Project Design/Planning/Engineering $ 2,329,186 Project Construction 498,137 Programs/Outreach 183,464 Administration 370,088 Facilities 135,795 Fundraising 82,568 TOTAL EXPENSES 3,599,239 Statement of Financial Position Fiscal Year Ending June 30, 2022 Assets Cash and Cash Equivalents $ 40,875,095 Accounts Receivable – Investments 2,399,473 Prepaid Expenses and Deferred Costs 5,012,494 Fixed Assets 3,465,568 TOTAL ASSETS 51,752,630 Liabilities Accounts Payable and Accrued Expenses 728,100 Capital Lease and Loan Obligations – TOTAL LIABILITIES 728,100 Net Assets Operating Net Assets 9,400 Program Related Investments in Land Areas, at cost 3,465,568 Endowment 2,549,472 Donor Restricted Net Assets 45,000,000 TOTAL NET ASSETS 51,024,530 1 In FY22, New York State allocated $20m to construct the Hudson Highlands Fjord Trail Breckneck Bridge in the OPRHP Capital Budget. OPRHP is managing this portion of the project 2 Includes investment activity (operating and non-operating) 3 Includes contributions for the HHFT capital project, organizational operating, and endowment 1 2 3 H U D SO N H IG H L A N D S FJ O R D T R A IL A N N UA L R EP O RT 202 2 1 1
