Civic Intelligence

Hudson Valley Current Inc.

990 • Fiscal year 2023 • EIN 46-4836595

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 23, 2024

Organization Profilehudsonvalleycurrent.org
628 BroadwayKingston, NY 12401

(845) 663-2286

Siviq Scores

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

Liabilities / Assets

96th percentile

1.63x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • NTEE S • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

0.24x

Higher debt load relative to revenue than 69% of similar nonprofits.

2023 filings • NTEE S • $500k-$1M nonprofits • Source year 2023

Net Margin

58th percentile

10%

Higher net margin than 58% of similar nonprofits.

2023 filings • NTEE S • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

78th percentile

$105,021

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 17.1% of source-year revenue.

2023 filings • NTEE S • $500k-$1M nonprofits • Source year 2023

Asset Growth

96th percentile

165%

Faster asset growth than 96% of similar nonprofits.

2023 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

54%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$88,577

Up $55,103 (+165%) from 2022

Net Assets

Up

-$56,139

Up $62,008 (+52%) from 2022

Liabilities

Down

$144,716

Down $6,905 (-4.6%) from 2022

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin58th percentile

Revenue

Up

$612,938

Up $215,718 (+54%) from 2022

Expenses

Up

$550,930

Up $136,708 (+33%) from 2022

Net Income

Up

$62,008

Up $79,010 (+465%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$400K$200K$0-$200KAssets 2015: $7,997Liabilities 2015: $5342015Assets 2016: -$14,195Liabilities 2016: $10,0442016Assets 2017: $1,246Liabilities 2017: $4,6602017Assets 2018: $13,240Liabilities 2018: $21,2742018Assets 2019: $7,277Liabilities 2019: $48,897Net Assets 2019: -$41,6202019Assets 2020: $31,338Liabilities 2020: $197,606Net Assets 2020: -$166,2682020Assets 2021: $39,766Liabilities 2021: $141,011Net Assets 2021: -$101,2452021Assets 2022: $33,474Liabilities 2022: $151,621Net Assets 2022: -$118,1472022Assets 2023: $88,577Liabilities 2023: $144,716Net Assets 2023: -$56,1392023Assets 2024: $76,173Liabilities 2024: $264,975Net Assets 2024: -$188,8022024

Highlighted filing

2023

Assets$88,577
Liabilities$144,716
Net Assets-$56,139
Open 2023 Filing

Operations Trend

Revenue Growth84th percentile

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

$1.0M$500K$0-$500KRevenue 2015: $121,439Expenses 2015: $113,976Net Income 2015: $7,4632015Revenue 2016: $103,154Expenses 2016: $134,856Net Income 2016: -$31,7022016Revenue 2017: $172,412Expenses 2017: $151,587Net Income 2017: $20,8252017Revenue 2018: $137,631Expenses 2018: $142,251Net Income 2018: -$4,6202018Revenue 2019: $140,004Expenses 2019: $173,590Net Income 2019: -$33,5862019Revenue 2020: $441,424Expenses 2020: $544,143Net Income 2020: -$102,7192020Revenue 2021: $353,206Expenses 2021: $288,083Net Income 2021: $65,1232021Revenue 2022: $397,220Expenses 2022: $414,222Net Income 2022: -$17,0022022Revenue 2023: $612,938Expenses 2023: $550,930Net Income 2023: $62,0082023Revenue 2024: $583,958Expenses 2024: $716,141Net Income 2024: -$132,1832024

Highlighted filing

2023

Revenue$612,938
Expenses$550,930
Net Income$62,008
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 23, 2024
Return Version
2023v5.1
Gross Receipts
$612,938
Mission and Program Overview

Mission

To promote local community building through sustainable economic development and to help feed the need in our community

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,722$44,537▲ $40,815
Land, Buildings, and Equipment, Net$21,968$27,854▲ $5,886
Cash and Non-Interest-Bearing Accounts$771$9,123▲ $8,352
Loans From Officers Directors$5,000--
Inventories for Sale or Use$880$880→ $0
Prepaid Expenses and Deferred Charges-$50-
Total Assets$33,474$88,577▲ $55,103
Other Assets Total$6,133$6,133→ $0
Liabilities
Other Liabilities$58,516$64,815▲ $6,299
Accounts Payable and Accrued Expenses$46,049$47,956▲ $1,907
Deferred Revenue$22,150$21,956▼ $194
Unsecured Notes Loans Payable$19,906$9,989▼ $9,917
Total Liabilities$151,621$144,716▼ $6,905
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-118,147$-56,139▲ $62,008
Total Net Assets Fund Balance$-118,147$-56,139▲ $62,008
Total Liabilities and Net Assets / Fund Balance$33,474$88,577▲ $55,103

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$27,854$17,397$45,251
Other Assets Org$397--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Christopher Fenichel-HewittExecutive DirectorFT$105,021$105,021

Board Members and Trustees

NameTitle
David McCarthyBoard Chair
Kaustubh WahalBoard Member
Ron KimBoard Member
Shaniqua BowdenSecretary
Michael CaslinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$459,394
Program Service Revenue
$141,783
Investment Income
$10,258
Other Revenue
$1,503
All Other Contributions
$331,989
Change in Net Assets
$62,008

Audited Revenue Reconciliation

Revenue per Audited Statements
$612,938
Total Revenue per Audited Statements
$612,938
Total Revenue per Form 990
$612,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$379,080
Salaries, Compensation, and Employee Benefits$171,850
Total Fundraising Expense$7,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$122,028--$122,028
Current Officers, Directors, Trustees, and Key Employees$21,004$76,767$7,250$105,021
Occupancy$56,462$9,191-$65,653
Other Salaries and Wages$39,902$11,500-$51,402
Fees for Services Other$2,120$29,000-$31,120
Payroll Taxes$6,008$9,069$350$15,427
Office Expenses$11,538$1,280-$12,818
Advertising$10,795--$10,795
Depreciation Depletion$5,354--$5,354
Fees for Services Accounting$3,200$1,365-$4,565
Insurance$2,540$1,215-$3,755
Travel$1,791--$1,791
Interest$1,626--$1,626
Total Functional Expenses$403,943$139,387$7,600$550,930

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$550,930
Total Expenses per Audited Statements$550,930
Total Expenses per Form 990$550,930
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$5,000--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$64,815
Current Account-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11

“Organizations process to review form 990 - the Executive Director reviews and approves the form 990 before it is filed with the IRS”

Form 990, Part VI, Line 12C

“Enforcement of Confilicts Policy - to ensure that Husdon Valley Current operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects A. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of Arms Lenght Bargaining. B. Whether partnerships, Joint ventures, and arrangements conform to Hudson Valley Currents written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit, or in excess benefit transaction.”

Form 990, Part VI, Line 15A

“Compensation process for top official - the Board reviews and approves any pay increase for the Executive Directors salary periodically”

Filing and Contact Details

Filer

Filer Name
Hudson Valley Current Inc
EIN
46-4836595
Phone
8456632286
Address
628 Broadway, Kingston, NY 12401

Signing Officer

Name
Christopher Hewitt
Title
Executive Director
Phone
8456632286
Signed
2024-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Hewitt
Formed
2014
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
5
Employees
9

Preparer

Firm
Suzanne M Shea
Address
4 Pewter Court, Poughkeepsie, NY 12603
Preparer
Suzanne M Shea
Phone
9144893050
Raw XML AppendixShowing 400 of 428 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt046049
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt047956
IRS990/AccountsReceivableGrp/BOYAmt03722
IRS990/AccountsReceivableGrp/EOYAmt044537
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE LOCAL COMMUNITY BUILDING THROUGH SUSTAINABLE ECONOMIC DEVELOPMENT AND TO HELP FEED THE NEED IN OUR COMMUNITY
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt010795
IRS990/AdvertisingGrp/TotalAmt010795
IRS990/AllOtherContributionsAmt0331989
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Christopher Fenichel-Hewitt
IRS990/BooksInCareOfDetail/PhoneNum08456632286
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0628 Broadway
IRS990/BooksInCareOfDetail/USAddress/CityNm0Kingston
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012401
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0771
IRS990/CashNonInterestBearingGrp/EOYAmt09123
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt07250
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt076767
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt021004
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0105021
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt06208
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0459394
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010258
IRS990/CYOtherExpensesAmt0379080
IRS990/CYOtherRevenueAmt01503
IRS990/CYProgramServiceRevenueAmt0141783
IRS990/CYRevenuesLessExpensesAmt062008
IRS990/CYSalariesCompEmpBnftPaidAmt0171850
IRS990/CYTotalExpensesAmt0550930
IRS990/CYTotalFundraisingExpenseAmt07600
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0612938
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt022150
IRS990/DeferredRevenueGrp/EOYAmt021956
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05354
IRS990/DepreciationDepletionGrp/TotalAmt05354
IRS990/Desc0Satisfy Hunger Campign - Cafe and market with a portion of proceeds used to help needy people in the community and promote member goods.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0272510
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01365
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03200
IRS990/FeesForServicesAccountingGrp/TotalAmt04565
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt029000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02120
IRS990/FeesForServicesOtherGrp/TotalAmt031120
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5000.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Christopher Fenichel-Hewitt
IRS990/Form990PartVIISectionAGrp/PersonNm1David McCarthy
IRS990/Form990PartVIISectionAGrp/PersonNm2Shaniqua Bowden
IRS990/Form990PartVIISectionAGrp/PersonNm3Michael Caslin
IRS990/Form990PartVIISectionAGrp/PersonNm4Ron Kim
IRS990/Form990PartVIISectionAGrp/PersonNm5Kaustubh Wahal
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0105021
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt06208
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0121197
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0612938
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01215
IRS990/InsuranceGrp/ProgramServicesAmt02540
IRS990/InsuranceGrp/TotalAmt03755
IRS990/InterestGrp/ProgramServicesAmt01626
IRS990/InterestGrp/TotalAmt01626
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0880
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0880
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt010258
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010258
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt058
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017397
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021968
IRS990/LandBldgEquipBasisNetGrp/EOYAmt027854
IRS990/LandBldgEquipCostOrOtherBssAmt045251
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt05000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE LOCAL COMMUNITY BUILDING THROUGH SUSTAINABLE ECONOMIC DEVELOPMENT AND TO HELP FEED THE NEED IN OUR COMMUNITY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-118147
IRS990/NetAssetsOrFundBalancesEOYAmt0-56139
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-118147
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-56139
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09191
IRS990/OccupancyGrp/ProgramServicesAmt056462
IRS990/OccupancyGrp/TotalAmt065653
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01280
IRS990/OfficeExpensesGrp/ProgramServicesAmt011538
IRS990/OfficeExpensesGrp/TotalAmt012818
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06133
IRS990/OtherAssetsTotalGrp/EOYAmt06133
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Current Program Expense
IRS990/OtherExpensesGrp/Desc1Publication Program Expense
IRS990/OtherExpensesGrp/Desc2Satisfy Hungar Cost of Goods Sold
IRS990/OtherExpensesGrp/Desc3Satisfy Hungar Other
IRS990/OtherExpensesGrp/ProgramServicesAmt09055
IRS990/OtherExpensesGrp/ProgramServicesAmt127087
IRS990/OtherExpensesGrp/ProgramServicesAmt283433
IRS990/OtherExpensesGrp/ProgramServicesAmt3122028
IRS990/OtherExpensesGrp/TotalAmt09055
IRS990/OtherExpensesGrp/TotalAmt127087
IRS990/OtherExpensesGrp/TotalAmt283433
IRS990/OtherExpensesGrp/TotalAmt3122028
IRS990/OtherLiabilitiesGrp/BOYAmt058516
IRS990/OtherLiabilitiesGrp/EOYAmt064815
IRS990/OtherRevenueMiscGrp/Desc0Credit Card Rebates
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01503
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01503
IRS990/OtherRevenueTotalAmt01503
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039902
IRS990/OtherSalariesAndWagesGrp/TotalAmt051402
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0350
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09069
IRS990/PayrollTaxesGrp/ProgramServicesAmt06008
IRS990/PayrollTaxesGrp/TotalAmt015427
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050
IRS990/PrincipalOfficerNm0Christopher Hewitt
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Satisfy Hunger Campaign
IRS990/ProgramServiceRevenueGrp/Desc1Livelihood
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0136759
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15024
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0136759
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15024
IRS990/ProgSrvcAccomActy2Grp/Desc0Monthly publication promoting memebers and current events
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt050464
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt05024
IRS990/ProgSrvcAccomActy3Grp/Desc0Circulation of local barter credit in the community
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt080969
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0321661
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt088
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0169175
IRS990/PYOtherRevenueAmt011203
IRS990/PYProgramServiceRevenueAmt064268
IRS990/PYRevenuesLessExpensesAmt0-17002
IRS990/PYSalariesCompEmpBnftPaidAmt0245047
IRS990/PYTotalExpensesAmt0414222
IRS990/PYTotalRevenueAmt0397220
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt062008
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0136759
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0363197
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0321661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0300018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0384414
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0258191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01627481
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt088
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0502
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0801
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011703
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0343000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59480
IRS990ScheduleA/PublicSupportTotal170Amt0975018
IRS990ScheduleA/SubstantialContributorsTotAmt0652463
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0363197
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0321661
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0300018
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0384414
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0258191
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01627481
IRS990ScheduleA/TotalSupportAmt01639184
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt027854
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017397
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt045251
IRS990ScheduleD/ExpensesSubtotalAmt0550930
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05736
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1397
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Gift Certificates
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt064815
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Current Account
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt0612938
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027854
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06133
IRS990ScheduleD/TotalExpensesPerForm990Amt0550930
IRS990ScheduleD/TotalLiabilityAmt064815
IRS990ScheduleD/TotalRevenuePerForm990Amt0612938
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0612938
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0550930
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Advance to Organization
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Christopher Hewitt
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0officer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organizations process to review form 990 - the Executive Director reviews and approves the form 990 before it is filed with the IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Enforcement of Confilicts Policy - to ensure that Husdon Valley Current operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects A. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of Arms Lenght Bargaining. B. Whether partnerships, Joint ventures, and arrangements conform to Hudson Valley Currents written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit, or in excess benefit transaction.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation process for top official - the Board reviews and approves any pay increase for the Executive Directors salary periodically
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt033474
IRS990/TotalAssetsEOYAmt088577
IRS990/TotalAssetsGrp/BOYAmt033474
IRS990/TotalAssetsGrp/EOYAmt088577
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0459394
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07600
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0139387
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0403943
IRS990/TotalFunctionalExpensesGrp/TotalAmt0550930
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0151621
IRS990/TotalLiabilitiesEOYAmt0144716
IRS990/TotalLiabilitiesGrp/BOYAmt0151621
IRS990/TotalLiabilitiesGrp/EOYAmt0144716
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-118147
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-56139
IRS990/TotalProgramServiceExpensesAmt0403943
IRS990/TotalProgramServiceRevenueAmt0141783
IRS990/TotalReportableCompFromOrgAmt0105021
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0153544
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0612938
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt033474
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt088577
IRS990/TravelGrp/ProgramServicesAmt01791
IRS990/TravelGrp/TotalAmt01791
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt019906
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt09989
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt073 Sages Loop
IRS990/USAddress/CityNm0Kerhonkson
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012446
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0hudsonvalleycurrent.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,577
Liabilities
$144,716
Net assets
-$56,139
Revenue
$612,938
Expenses
$550,930
Net income
$62,008
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.76$2.65$1.89$5.84$7.16$1.32
2023Detailed filing. Detailed filing data is available for this year.$0.89$1.45$0.56$6.13$5.51$0.62
2022Detailed filing. Detailed filing data is available for this year.$0.33$1.52$1.18$3.97$4.14$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.40$1.41$1.01$3.53$2.88$0.65
2020Detailed filing. Detailed filing data is available for this year.$0.31$1.98$1.66$4.41$5.44$1.03
2019Detailed filing. Detailed filing data is available for this year.$0.07$0.49$0.42$1.40$1.74$0.34
2018Summary only. Only limited summary data is available for this year.$0.13$0.21$1.38$1.42$0.05
2017Summary only. Only limited summary data is available for this year.$0.01$0.05$1.72$1.52$0.21
2016Summary only. Only limited summary data is available for this year.$0.14$0.10$1.03$1.35$0.32
2015Summary only. Only limited summary data is available for this year.$0.08$0.01$1.21$1.14$0.07