Somerset Home for Temporarily Displaced Children

Jeffrey Fetzko, ACSW, LSW, CFRE

Vol. 4, No. 20, October 5, 2006


The Executive Director's News is published every two weeks, specifically for the employees of the Somerset Home. This issue and past issues are available on our web site at http://www.somersethome.org/main/pages/employee_newsletter.htm.


Somerset Home staff: Nikki DeSouza; Artresia Fryar; Anna Gomah; Danielle Sutton and Carlotta Spence attended the Region II Runaway and Homeless Youth Training Conference in Ulster County , New York last month.


Free Flu Shots for Somerset Home Employees

On Monday, October 23rd, between 4:30 PM and 6:00 PM at Passages we will once again be offering free flu shots for all Somerset Home employees.

Family members may also get flu shots for our cost of $25 (make checks payable to Somerset Home). Please let your supervisor know so we can get a rough count of how many to expect. Please try to come as close to 4:00 PM as possible.


Pension Plan Changes

If you participate in the Somerset Home 401(k) plan you should have already received a notice to not move any investments or change deduction amounts while we close out the plan and get ready to transfer it to another plan administrator. Beginning no later than January 1, 2007 we will be switching from Paychex/Merrill Lynch to TR Paul/Condor Capital. We expect that our investments will perform much better by merging our 401(k) plan into the PSP plan that we currently hold with Condor Capital Management.

Please be sure to attend a special meeting on October 23rd at Passages where we will explain the benefits of the new Somerset Home Profit Sharing and 401(k) Plan. I will have our primary investment counsel from Condor Capital to explain the program and answer questions.

As always, if you have any questions about the pension program, please direct them to Barbara Kreutzer or directly to me.


8th Annual Run for Runaways

RUN FOR RUNAWAYS WEB SITE  - CLICK!!

The 8th annual Run for Runaways will be here before we know it! We still need major sponsors, ad sponsors, and volunteers to help with our big event on November 4, 2006. Please contact Sharon Hall if you would like to serve on the committee or help with one of the many tasks involved in this exciting event. Check out the web site at http://www.runforrunaways.com for more details. Funds raised go to directly benefit our residents. I look forward to seeing you there!

If you haven't done so, please set up your personal fundraising page today. Click on the box or paste the url below into your browser to set up your page:

Set up your page today!

http://www.active.com/donations/campaign_public.cfm?key=8th_run_for_runaways

Setting up a fundraising page is an easy way to raise funds for Somerset Home programs.


As always, thank you all for your continued hard work on behalf of our youth.

Sincerely,