Team Members

Paulette Pera Laurenzi

President and CEO Prior to starting Spring Lake Hope Foundation in 2016, Ms. Laurenzi was a commercial banking executive in the New York Metropolitan area for over two decades. She worked with companies of all sizes and from all industries in her 21-year tenure. She was named one of New Jersey’s “40 under 40” at the age of 35, and later was recognized by Executive Women of New Jersey in

Salvatore Frassetto

Vice President Having developed over 20 million square feet of commercial real estate projects during his career, Salvatore Frassetto is one of northern New Jersey’s most experienced and successful real estate owners and developers. The beginning of his success started with the Frassetto Construction company, a family business specializing in highway and heavy construction for the New Jersey Turnpike Authority, Garden State Parkway, New Jersey Transit, New Jersey Department of

Kathleen Fuenning Cariddi

Vice President and Secretary Having lived in New Jersey all of her life, Kathleen has always been devoted to helping children in the local communities. It is this passion which led her to join the Spring Lake Hope Foundation from its beginning. Currently Kathleen serves as a Vice President and as the Board Secretary after having been the Board Treasurer. Kathleen is also a Senior Executive/Global Product Manager at American

Karen Rutherford

Treasurer Karen graduated from the University of Connecticut in 2007 with a BS in Accounting, and received her MBA in Taxation from Fordham University. She worked at PricewaterhouseCoopers LLP in their tax department for 5+ years specializing in Hedge Fund and Private Equity clients before leaving to work for Renaissance Technologies LLC for another 5+ years. After having her second child, Karen took a break from the workforce to raise

Steve Vitale

Regional President, Valley Bank Steve Vitale is a Regional President of Valley Bank, where he manages a large department of professionals servicing small, mid-sized and specialized businesses. Steve is passionate about supporting the community through not-for-profits and social organizations. He has been on the Board of Advisors or an active volunteer for the YMCA of Greater New York, Learning Leaders, God’s Love We Deliver, NFTE and Community Options Inc. Steve

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