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Office Space
Crunching Numbers, Breakdown, Duly Noted and On the Move.

by Presented by First Harvest Credit Union

Crunching Numbers


1,205
How many individuals the Alice Paul Institute reached with its Women’s History Month programming, events and presentations.

26%
The percentage of South Jersey residents who, according to a recent Monmouth University poll, feel this region gets its fair share in the state’s distribution of government spending and programs.

1.5 million
The estimated metric tonnage of carbon emissions that PSE&G’s latest report projected that its Clean Energy Future Efficiency Program has eliminated annually.

$250,000
The amount that grants will start at for the Green Workforce Training Grant Challenge, a program the New Jersey Economic Development Authority recently approved to prepare New Jerseyans for green-economy careers.

Twenty
How many of Rowan University’s 2024 projects will benefit from a cumulative $800,000 from the New Jersey Health Foundation—the largest number of awards it’s received in a single year by the foundation.

Third
Where New Jersey places nationally for its percentage of A-graded hospitals, according to the Leapfrog Hospital Safety Grade results released early this month, which also indicated that 81% of the state’s hospitals earned an A or B.

$1.6 million
The grant amount the U.S. Department of Transportation has awarded to NJ Transit, which will fund research, development and implementation of AI-based systems to improve safety at light-rail crossings.

45,000
The estimated weight in tons of the USS New Jersey, which is expected to undergo repairs until the end of May. Tickets for a dry-dock tour of the Navy’s most decorated battleship are 70% sold out as of press time.

$25,000
How much a Stockton University alumnus donated to the school last month, expanding the scholarship he’d previously established to provide two annual $1,000 awards to students studying communication disorders and speech pathology.

 

Breakdown


New Jersey will receive $156.1 million in federal funding to increase both accessibility and affordability to clean energy.

What Happened: On April 26, Gov. Phil Murphy and New Jersey Board of Public Utilities President Christine Guhl-Sadovy announced the state’s monetary award from the United States Environmental Protection Agency through its Greenhouse Gas Reduction Fund: Solar for All program.

What It Means: While much of this investment will go toward establishing pathways to residential solar ownership with a focus on improving access for households in disadvantaged communities, a critical component of it includes furthering the development of a solar workforce to enable the grid upgrades necessary for an increase in statewide solar generation. “As a former electrician, I know how important our continued investment in solar power is to lower energy costs for working families, create jobs and reduce our carbon footprint,” says Rep. Donald Norcross. “The Inflation Reduction Act continues to deliver for New Jersey, and the Solar for All program will accelerate the benefits of clean energy throughout South Jersey.”

What’s Next: To support the requisite technical assistance and workforce development that positions any developing industry or initiative for optimal success, New Jersey will not only invest funds into providing grants for workforce training programs but also fund customer outreach or interconnection support for electric utilities. Additional funds will be leveraged to support the ongoing efforts to both modernize the power grid and make interconnection approvals more efficient.

 

On the Move


Vantage Commercial announced that previous vice president Ken Richardson has been promoted to partner at the real estate firm.

Jonathan Friedman recently joined Surety Title Company as its director of commercial operations and counsel.

In his most recent role expansion at TD Bank, Matthew Boss has been named head of U.S. consumer banking.

It was announced last month that Rebecca Maioriello has joined law firm Connell Foley LLP as an associate.

Jennifer Keyes-Maloney has been named the new executive director for The New Jersey Association of State Colleges and Universities

Last month, The Casino Reinvestment Development Authority’s board of directors approved Eric Scheffler as new executive director.

Hyland Levin Shapiro LLP announced on May 6 that Rachel S. Dichter has joined the law firm and will continue representing real estate investors in acquisition, disposition, financing and leasing of commercial real estate.

 

Duly Noted


Health care executive and Rowan University grad Joseph C. Cosgrove has been appointed to a five-year term with the university’s board of trustees.

Samaritan recently honored a number of its staff members for their longevity and their exemplary service. A quartet of employers were recognized for their longtime service to the organization—Susan Fisher and Joanne Rosen, 30 years; Sharine Earlie, 25 years; and Stephen Goldfine, MD, 20 years—while James Stewart received the Judy Taylor Award for Certified Home Health Aide Service Excellence and the Bridget Flynn Nesko Excellence in Service Award went to Kimberley A. Corda, RN.

First Bank recently announced more than three dozen promotions, four of which were among the senior leadership team: Darleen Gillespie to executive vice president; Michael Smith to first senior vice president; Michael Giacobello to senior vice president/business development manager; and Casi Tiernan to senior vice president/director of treasury management.

Late last month, the Alice Paul Institute announced that it has named both Jean Cornell and Debra Rosen to its board of directors.

The Camden County East Chapter of the NAACP has named Will Smith, South Jersey Industry’s (SJI’s) vice president of enterprise project management, among the 2024 Visionary Leader Award recipients it honored at an April 27 gala.

Inspira Health has welcomed a number of recent board appointments. Dawn Flitcraft has been named chair of the Inspira Health hospital board, on which Jeffrey George, CIMA, C(k)P, CPFA, has been appointed to serve, while the Inspira Health Foundation board of trustees extended Gary Galloway appointment as chairman an additional year, and named Kevin R. Gibala as vice chair and Elliot Hernandez as a new trustee.
Additionally, the Inspira Health board of trustees approved the addition of two new members: Melissa Ritter Hermanson, DNP, MBA, RN, NEA-BC, CASC, and Michael Shevlin.

Leor Hemo—the founder, president and CEO of Vantage Real Estate Services—was recently named at the top of the CoStar Power Broker Quarterly Deals winners for Q1 2024, as determined by the price and square footage of deals executed for the quarter.

In conjunction with May’s National Nurses Week, Cooper University Health Care named Genalyn Vargas, MSN, RN-BC, as the most recent recipient of the William A. Schwartz, Jr. Nurse of the Year Award. Vargas works in Cooper’s Trauma Step Down Unit and was additionally honored with The Ruth Parry/Moorestown Auxiliary Award for Excellence in Geriatric Nursing.