Civic Intelligence

Hudson Valley Economic Development Network Inc.

990EZ • Fiscal year 2014 • EIN 45-2452108

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 15, 2015

4 Crotty LaneSuite 100New Windsor, NY 12553-4748

(845) 220-2244

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.17x

Higher debt load relative to assets than 76% of similar nonprofits.

2014 filings • NTEE S • <$500k nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.11x

Higher debt load relative to revenue than 76% of similar nonprofits.

2014 filings • NTEE S • <$500k nonprofits • Source year 2014

Net Margin

82nd percentile

34%

Higher net margin than 82% of similar nonprofits.

2014 filings • NTEE S30 • <$500k nonprofits • Source year 2014

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • NTEE S • <$500k nonprofits • Source year 2014

Asset Growth

96th percentile

201%

Faster asset growth than 96% of similar nonprofits.

2014 filings • NTEE S • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

98th percentile

276%

Faster revenue growth than 98% of similar nonprofits.

2014 filings • NTEE S • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$114,935

Up $76,708 (+201%) from 2013

Net Assets

Up

$95,949

Up $57,722 (+151%) from 2013

Liabilities

Up

$18,986

Up $18,986 from 2013

Revenue

Up

$169,317

Up $124,317 (+276%) from 2013

Expenses

Up

$111,595

Up $104,822 (+1548%) from 2013

Net Income

Up

$57,722

Up $19,495 (+51%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2013: $38,227Liabilities 2013: $0Net Assets 2013: $38,2272013Assets 2014: $114,935Liabilities 2014: $18,986Net Assets 2014: $95,9492014Assets 2015: $44,282Liabilities 2015: $933Net Assets 2015: $43,3492015Assets 2016: $48,293Liabilities 2016: $0Net Assets 2016: $48,2932016Assets 2017: $42,994Liabilities 2017: $0Net Assets 2017: $42,9942017Assets 2018: $14,284Liabilities 2018: $0Net Assets 2018: $14,2842018Assets 2019: $17,570Liabilities 2019: $0Net Assets 2019: $17,5702019Assets 2020: $35,020Liabilities 2020: $0Net Assets 2020: $35,0202020Assets 2021: $39,170Liabilities 2021: $0Net Assets 2021: $39,1702021

Highlighted filing

2014

Assets$114,935
Liabilities$18,986
Net Assets$95,949

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2013: $45,000Expenses 2013: $6,773Net Income 2013: $38,2272013Revenue 2014: $169,317Expenses 2014: $111,595Net Income 2014: $57,7222014Revenue 2015: $99,606Expenses 2015: $152,206Net Income 2015: -$52,6002015Revenue 2016: $155,780Expenses 2016: $150,836Net Income 2016: $4,9442016Revenue 2017: $135,305Expenses 2017: $140,604Net Income 2017: -$5,2992017Revenue 2018: $36,375Expenses 2018: $65,085Net Income 2018: -$28,7102018Revenue 2019: $20,000Expenses 2019: $16,713Net Income 2019: $3,2872019Revenue 2020: $20,000Expenses 2020: $2,550Net Income 2020: $17,4502020Revenue 2021: $5,000Expenses 2021: $850Net Income 2021: $4,1502021

Highlighted filing

2014

Revenue$169,317
Expenses$111,595
Net Income$57,722
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 15, 2015
Return Version
2014v5.0
Gross Receipts
$169,317
Mission and Program Overview

Mission

The organizations's goal is to encourage continued business education and training to enhance economic opportunity in the hudson valley and educate the general public. The organization intends to create a bridge between academia, government, not-for-profit organizations and businesses to the general public, to teach the general public what the needs of the community are. The organization will operate in seven counties of the hudson valley.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION WILL PROVIDE SEMINARS AND EDUCATIONAL FORUMS OPEN TO THE INVESTORS AND GENERAL PUBLIC AND TO UTILIZE SOCIAL MEDIAS AND A WEBSITE THAT WILL HOUSE A LIBRARY OF TRAINING SEMINARS FOR INDIVIDUALS WHO ARE NOT ABLE TO ATTEND IN PERSON.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAURENCE GOTTLIEBPresident & CEO As Needed-$0--
BRIAN GATESVice President As Needed-$0--
GINA DOMENICOGeneral Manager As Needed-$0--
Governance and Compliance

Governance Explanations

Form 990, Part VI, Section B, Line 12 - Conflict of Interest Policy

Board members and officers are required to disclose any potential conflicts of interest on an annual basis. If there is a potential conflict of interest, the board member or officer excuses themselves from the meeting while the remaining members vote on whether or not to engage in the business transaction with the potential third party.

PART VI, SECTION C, QUESTION #18 - PUBLIC INSPECTION

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon advance request.

PART VI, SECTION C, QUESTION #18 - TAX RETURN

All board members receive a copy of the return for approval before the return is filed.

Filing and Contact Details

Filer

Filer Name
Hudson Valley Economic Development
EIN
45-2452108
In Care Of
% ROCHELLE DEJONG
Phone
8452202244
Address
4 CROTTY LANE, Suite 100, NEW WINDSOR, NY 12553-4748

Signing Officer

Name
Laurence Gottlieb
Title
President
Phone
8452202244
Signed
2015-04-15
Discuss with paid preparer
Yes

Preparer

Firm
Pattison Koskey Howe & Bucci CPA
Address
45 FIVE MILE WOODS ROAD, CATSKILL, NY 12414
Preparer
Bradley Cummings
Phone
8452202244
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

Description:ADMINISTRATIVE FEES Amount:2700

Form 990EZ Part I Line 16

Description:BANK FEES Amount:160

Form 990EZ Part I Line 16

Description:PROFESSIONAL FEES Amount:6318

Form 990EZ Part I Line 16

Description:INTERENT & WEBSITE Amount:782

Form 990EZ Part I Line 16

Description:CORPORATE OUTREACH Amount:500

Form 990EZ Part I Line 16

Description:MEALS & ENTERTAINMENT Amount:4504

Form 990EZ Part I Line 16

Description:MARKETING Amount:10790

Form 990EZ Part I Line 16

Description:GRANT SERVICE Amount:8385

Form 990EZ Part I Line 16

Description:ANNUAL REPORT Amount:156

Form 990EZ Part I Line 16

Description:INSURANCE Amount:2372

Form 990EZ Part I Line 16

Description:CLEANING Amount:341

Form 990EZ Part I Line 16

Description:PROFESSIONAL DEVELOPMENT Amount:500

Raw XML Appendix173 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/PhoneNum08452202244
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW WINDSOR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0125534748
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt029227
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0108960
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0169317
IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt038227
IRS990EZ/NetAssetsOrFundBalancesEOYAmt095949
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt095949
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LAURENCE GOTTLIEB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRIAN GATES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GINA DOMENICO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & CEO AS NEEDED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT AS NEEDED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2GENERAL MANAGER AS NEEDED
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05975
IRS990EZ/OtherExpensesTotalAmt043277
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATIONS'S GOAL IS TO ENCOURAGE CONTINUED BUSINESS EDUCATION AND TRAINING TO ENHANCE ECONOMIC OPPORTUNITY IN THE HUDSON VALLEY AND EDUCATE THE GENERAL PUBLIC. THE ORGANIZATION INTENDS TO CREATE A BRIDGE BETWEEN ACADEMIA, GOVERNMENT, NOT-FOR-PROFIT ORGANIZATIONS AND BUSINESSES TO THE GENERAL PUBLIC, TO TEACH THE GENERAL PUBLIC WHAT THE NEEDS OF THE COMMUNITY ARE. THE ORGANIZATION WILL OPERATE IN SEVEN COUNTIES OF THE HUDSON VALLEY.
IRS990EZ/PrintingPublicationsPostageAmt08288
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION WILL PROVIDE SEMINARS AND EDUCATIONAL FORUMS OPEN TO THE INVESTORS AND GENERAL PUBLIC AND TO UTILIZE SOCIAL MEDIAS AND A WEBSITE THAT WILL HOUSE A LIBRARY OF TRAINING SEMINARS FOR INDIVIDUALS WHO ARE NOT ABLE TO ATTEND IN PERSON.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
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IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt018986
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0111595
IRS990EZ/TotalRevenueAmt0169317
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0169317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt045000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0182109
IRS990ScheduleA/SubstantialContributorsTotAmt032208
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0169317
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt045000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0214317
IRS990ScheduleA/TotalSupportAmt0214317
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. IF THERE IS A POTENTIAL CONFLICT OF INTEREST, THE BOARD MEMBER OR OFFICER EXCUSES THEMSELVES FROM THE MEETING WHILE THE REMAINING MEMBERS VOTE ON WHETHER OR NOT TO ENGAGE IN THE BUSINESS TRANSACTION WITH THE POTENTIAL THIRD PARTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON ADVANCE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS RECEIVE A COPY OF THE RETURN FOR APPROVAL BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:ADMINISTRATIVE FEES Amount:2700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:BANK FEES Amount:160
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:PROFESSIONAL FEES Amount:6318
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description:INTERENT & WEBSITE Amount:782
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Description:CORPORATE OUTREACH Amount:500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Description:MEALS & ENTERTAINMENT Amount:4504
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Description:MARKETING Amount:10790
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Description:GRANT SERVICE Amount:8385
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Description:ANNUAL REPORT Amount:156
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Description:INSURANCE Amount:2372
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Description:CLEANING Amount:341
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Description:PROFESSIONAL DEVELOPMENT Amount:500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 12 - CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION C, QUESTION #18 - PUBLIC INSPECTION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION C, QUESTION #18 - TAX RETURN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14FORM 990EZ PART I LINE 16
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURENCE GOTTLIEB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08452202244
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HUDSON VALLEY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0HUDS
ReturnHeader/Filer/EIN0452452108
ReturnHeader/Filer/InCareOfNm0% ROCHELLE DEJONG
ReturnHeader/Filer/PhoneNum08452202244
ReturnHeader/Filer/USAddress/AddressLine1Txt04 CROTTY LANE
ReturnHeader/Filer/USAddress/AddressLine2Txt0Suite 100
ReturnHeader/Filer/USAddress/CityNm0NEW WINDSOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0125534748
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATTISON KOSKEY HOWE & BUCCI CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt045 FIVE MILE WOODS ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CATSKILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012414
ReturnHeader/PreparerPersonGrp/PhoneNum08452202244
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRADLEY CUMMINGS
ReturnHeader/ReturnTs02015-04-29T10:31:06-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings