Liabilities / Assets
34th percentile
Tied with the lowest-debt nonprofits in its peer group.
Hudson Valley Economic Development Network Inc.
990EZ • Fiscal year 2019 • EIN 45-2452108
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
70th percentile
Higher net margin than 70% of similar nonprofits.
Top Officer Pay
68th percentile
Higher top officer pay than 68% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
73rd percentile
Faster asset growth than 73% of similar nonprofits.
Revenue Growth
11th percentile
Faster revenue growth than 11% of similar nonprofits.
Balance Sheet
Assets
Up$17,570
Up $3,286 (+23%) from 2018
Net Assets
Up$17,570
Up $3,286 (+23%) from 2018
Liabilities
Flat$0
Flat from 2018
Revenue And Expenses
Revenue
Down$20,000
Down $16,375 (-45%) from 2018
Expenses
Down$16,713
Down $48,372 (-74%) from 2018
Net Income
Up$3,287
Up $31,997 (+111%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Oct 29, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $20,000
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.
The organization'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
| Description | Grants | Expenses |
|---|---|---|
| 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. | - | $12,501 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ANTHONY GIOFFRE III | Secetary As Needed | - | $0 | - | - |
| JOSH SOMMERS | 1st Vice Chair As Needed | - | $0 | - | - |
| ROBERT LEVINE | Chairman As Needed | - | $0 | - | - |
| NICK PREDDICE | 2nd Vice Chair 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
- % DEANNE ROBERTSON
- Phone
- 8452202244
- Address
- 10 MATTHEWS STREET, GOSHEN, NY 10924
Signing Officer
- Name
- Robert Levine Esq
- Title
- Chairman
- Phone
- 8452202244
- Signed
- 2020-10-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Uhy Advisors Ny Inc
- Address
- 45 FIVE MILE WOODS RD STE 1, CATSKILL, NY 12414
- Preparer
- Bradley Cummings
- Phone
- 5189434502
Supplemental Narrative
Additional Explanations
Form 990EZ Part I Line 16
“Description:MARKETING AND PROMOTION Amount:12504”
Form 990EZ Part I Line 16
“Description:INSURANCE Amount:4209”
Form 990EZ Part I Line 20
“Description:ROUND OFF Amount:-1”
Raw XML Appendix157 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DEANNE ROBERTSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8452202244 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 10 MATTHEWS STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GOSHEN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 17570 |
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| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3287 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 17570 |
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| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20000 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 20000 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 14284 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 17570 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 14284 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 17570 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ANTHONY GIOFFRE III |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JOSH SOMMERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROBERT LEVINE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | NICK PREDDICE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | SECETARY AS NEEDED |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | 1ST VICE CHAIR AS NEEDED |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CHAIRMAN AS NEEDED |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | 2ND VICE CHAIR AS NEEDED |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4500 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -1 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 16713 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION'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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 12501 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 16713 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 12501 |
| IRS990EZ/TotalRevenueAmt | 0 | 20000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 47000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 132945 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 155780 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 99606 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 435331 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 2360 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 435331 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 47000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 132945 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 155780 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 99606 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 435331 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 435331 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON ADVANCE REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ALL BOARD MEMBERS RECEIVE A COPY OF THE RETURN FOR APPROVAL BEFORE THE RETURN IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description:MARKETING AND PROMOTION Amount:12504 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description:INSURANCE Amount:4209 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Description:ROUND OFF Amount:-1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 12 - CONFLICT OF INTEREST POLICY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART VI, SECTION C, QUESTION #18 - PUBLIC INSPECTION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART VI, SECTION C, QUESTION #18 - TAX RETURN |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990EZ PART I LINE 20 |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT LEVINE ESQ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8452202244 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-10-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HUDSON VALLEY ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | NETWORK INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HUDS |
| ReturnHeader/Filer/EIN | 0 | 452452108 |
| ReturnHeader/Filer/InCareOfNm | 0 | % DEANNE ROBERTSON |
| ReturnHeader/Filer/PhoneNum | 0 | 8452202244 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 10 MATTHEWS STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GOSHEN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10924 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 7B254A8830D44CAE3CE70F7BB6595DF28350FB61 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | A9B65E9E0BFC88D0D59FA843D9F6F177AFA749FD |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId | 0 | 14429320203215000001 |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2020-11-16 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 209.99.101.4 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | UHY ADVISORS NY INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 45 FIVE MILE WOODS RD STE 1 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CATSKILL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 12414 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5189434502 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-10-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRADLEY CUMMINGS |
| ReturnHeader/ReturnTs | 0 | 2020-11-16T09:11:00-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $17,570
- Liabilities
- $0
- Net assets
- $17,570
- Revenue
- $20,000
- Expenses
- $16,713
- Net income
- $3,287