Fairfield County Business Journal

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FAIRFIELD COUNTY

BUSINESS JOURNAL YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS | westfaironline.com

May 19, 2014 | VOL. 50, No. 20

THE MASTERPIECE THAT WORKS

FCBJ this week

Lockwood-Matthews elevates its game after 150 years

DIFFERENT MINDSET Juanita James knows corporate and nonprofit strategies … 7

BY CRYSTAL KANG ckang@westfairinc.com

B

BY BILL FALLON Bfallon@westfairinc.com

THE COMMERCIAL LEASE Attorney Michael Goldman concludes his two part series … 8

THE 1864 LOCKWOOD-MATTHEWS MANSION MUSEUM on the Sound in Norwalk has enough curiosities and jaw-dropping details to make it a U.S. treasure and a sturdy entry on the National Registry of Historic Places, both of which it is. An 1873 newspaper story called it “the most perfect and most elegant mansion in America.” It is also a local treasure, saved from the wrecking ball 50 years ago, and an estimable player in the regional economic and businessmeeting arenas. As the mansion’s board of trustees chairwoman, Patsy Brescia, said, “We are so fortunate to have it. For businesspersons, it offers a unique opportunity to have a function in this type of architectural environment. For those who’ve used it, it has proven a delightful experience.” The mansion itself, with details like floor-to-ceiling wood carvings by 19th-century masters Gustave and Christian Herter and a $46,000 library wallpaper job, breaks the ice and drives conversation. “Immediately, people are asking questions about the context of what is here,” Brescia said. The space is available only to business members who support the museum, with membership available beginning at $250 per year.

MAC-N-CHEESE, PLEASE From social work to a family favorite for dinner … 15 FCBUZZ Norwalk is a city of murals and much more … 18

MEDIA PARTNER

THE B-CORP REMEDY

» Masterpiece, page 6

Susy Gilgore, executive director, by a Lockwood-Matthews Mansion fireplace.

ryan Nurnberger was ecstatic when state lawmakers approved a bill making it easier for his Norwalk-based nonprofit to work jointly with his New York-based benefit corporation. It had been a three-year journey for Nurnberger and Simply Smiles, his nonprofit that provides holistic services to the Cheyenne River Sioux Tribe Reservation in South Dakota. “We started doing the (benefit corporation) coffee business three years ago and we ran up against tax issues as a charity because we sold too much coffee,” Nurnberger said by phone from the reservation. “As a nonprofit, you’re not supposed to become a business that sells products. The IRS put a dollar and cent threshold of $30,000 on us. We exceeded that profit quickly, so we were forced to spin off the coffee company into a separate sister organization. Our intention with the coffee company wasn’t to maximize profits. It was to have a business to funnel into our charity.” The benefit corporation law is effective in 22 states, according to an online information center. Six other states have passed the bill, pending their governors’ signatures, and 12 states’ legislatures have introduced the bill. Despite the limited telecommunications on the Indian reservation, Nurnberger is hoping to bridge that gap by providing the Sioux with networks and resources that enable them to be independent through the proceeds of » B-corp, page 6

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2Looking good A New York City home show features Greenwich flair.

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10 Citrin Celebrates Accountants lay down their ledgers and network

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