Civic Intelligence

Hudson Valley Economic Development Corporation

990 • Fiscal year 2015 • EIN 80-0492818

Jan 01, 2015 to Dec 31, 2015 • Filed on May 04, 2016

Organization ProfileWWW.HVEDC.COM
4 CROTTY LANE Suite 100New Windsor, NY 12553

(845) 220-2244

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.20x

Higher debt load relative to assets than 62% of similar nonprofits.

2015 filings • NTEE S • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

37th percentile

0.03x

Higher debt load relative to revenue than 37% of similar nonprofits.

2015 filings • NTEE S • $500k-$1M nonprofits • Source year 2015

Net Margin

46th percentile

1.3%

Higher net margin than 46% of similar nonprofits.

2015 filings • NTEE S • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

97th percentile

$308,393

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 39.9% of source-year revenue.

2015 filings • NTEE S • $500k-$1M nonprofits • Source year 2015

Asset Growth

79th percentile

20%

Faster asset growth than 79% of similar nonprofits.

2015 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

44th percentile

0.7%

Faster revenue growth than 44% of similar nonprofits.

2015 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$131,700

Up $21,870 (+20%) from 2014

Net Assets

Up

$104,784

Up $9,716 (+10%) from 2014

Liabilities

Up

$26,916

Up $12,154 (+82%) from 2014

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin46th percentile

Revenue

Up

$772,535

Up $5,240 (+0.7%) from 2014

Expenses

Down

$762,819

Down $1,732 (-0.2%) from 2014

Net Income

Up

$9,716

Up $6,972 (+254%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$800K$600K$400K$200K$0-$200KAssets 2010: $224,637Liabilities 2010: $22,881Net Assets 2010: $201,7562010Assets 2011: $99,498Liabilities 2011: $65,193Net Assets 2011: $34,3052011Assets 2012: $79,851Liabilities 2012: $3,177Net Assets 2012: $76,6742012Assets 2013: $118,713Liabilities 2013: $26,389Net Assets 2013: $92,3242013Assets 2014: $109,830Liabilities 2014: $14,762Net Assets 2014: $95,0682014Assets 2015: $131,700Liabilities 2015: $26,916Net Assets 2015: $104,7842015Assets 2016: $76,320Liabilities 2016: $23,227Net Assets 2016: $53,0932016Assets 2017: $58,176Liabilities 2017: $30,709Net Assets 2017: $27,4672017Assets 2018: $34,870Liabilities 2018: $49,449Net Assets 2018: -$14,5792018Assets 2019: $132,136Liabilities 2019: $4,575Net Assets 2019: $127,5612019Assets 2020: $295,315Liabilities 2020: $4,603Net Assets 2020: $290,7122020Assets 2021: $436,015Liabilities 2021: $7,246Net Assets 2021: $428,7692021Assets 2022: $640,040Liabilities 2022: $53,970Net Assets 2022: $586,0702022Assets 2023: $766,647Liabilities 2023: $84,397Net Assets 2023: $682,2502023Assets 2024: $542,397Liabilities 2024: $54,851Net Assets 2024: $487,5462024

Highlighted filing

2015

Assets$131,700
Liabilities$26,916
Net Assets$104,784
Open 2015 Filing

Operations Trend

Revenue Growth44th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $849,0252010Revenue 2011: $739,533Expenses 2011: $906,984Net Income 2011: -$167,4512011Revenue 2012: $822,851Expenses 2012: $780,482Net Income 2012: $42,3692012Revenue 2013: $845,809Expenses 2013: $830,159Net Income 2013: $15,6502013Revenue 2014: $767,295Expenses 2014: $764,551Net Income 2014: $2,7442014Revenue 2015: $772,535Expenses 2015: $762,819Net Income 2015: $9,7162015Revenue 2016: $750,967Expenses 2016: $802,658Net Income 2016: -$51,6912016Revenue 2017: $691,337Expenses 2017: $716,963Net Income 2017: -$25,6262017Revenue 2018: $584,886Expenses 2018: $626,932Net Income 2018: -$42,0462018Revenue 2019: $663,166Expenses 2019: $521,026Net Income 2019: $142,1402019Revenue 2020: $626,838Expenses 2020: $482,521Net Income 2020: $144,3172020Revenue 2021: $678,738Expenses 2021: $540,681Net Income 2021: $138,0572021Revenue 2022: $911,039Expenses 2022: $753,738Net Income 2022: $157,3012022Revenue 2023: $995,465Expenses 2023: $899,285Net Income 2023: $96,1802023Revenue 2024: $851,897Expenses 2024: $1,046,601Net Income 2024: -$194,7042024

Highlighted filing

2015

Revenue$772,535
Expenses$762,819
Net Income$9,716
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 4, 2016
Return Version
2015v2.1
Gross Receipts
$772,535
Mission and Program Overview

Mission

Economic development and promotion of a seven county region.

Economic development and promotion of a seven county region

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$5,876$50,001▲ $44,125
Cash and Non-Interest-Bearing Accounts$83,363$37,262▼ $46,101
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$109,830$131,700▲ $21,870
Other Assets Total$20,591$44,437▲ $23,846
Liabilities
Accounts Payable and Accrued Expenses$14,762$14,583▼ $179
Other Liabilities$0$7,333▲ $7,333
Deferred Revenue$0$5,000▲ $5,000
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$14,762$26,916▲ $12,154
Net Assets / Fund Balance
Unrestricted Net Assets$95,068$104,784▲ $9,716
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$95,068$104,784▲ $9,716
Total Liabilities and Net Assets / Fund Balance$109,830$131,700▲ $21,870

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$42,332--
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Laurence GottliebPresident & CEOFT$308,393$308,393
Gina DomenicoGeneral ManagerFT$88,849$88,849
Brian GatesVice PresidentFT$64,932$64,932

Board Members and Trustees

NameTitle
James LauritoChairman of the Board
Robert Levine1st Vice Chair
Jeremy EllenbogenSecretary
Josh SommersTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Na---
Revenue and Support

Revenue Composition

Contributions and Grants
$672,792
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$99,743
All Other Contributions
$270,000
Change in Net Assets
$9,716

Audited Revenue Reconciliation

Revenue per Audited Statements
$772,535
Total Revenue per Audited Statements
$772,535
Total Revenue per Form 990
$772,535
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$551,357
Other Expenses$211,462
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$305,034$157,140$0$462,174
Advertising$66,975--$66,975
Other Employee Benefits$25,348$13,058-$38,406
Occupancy$9,979$23,284-$33,263
Payroll Taxes$17,744$9,141-$26,885
Travel$19,103$2,148-$21,251
Pension Plan Contributions$12,961$6,677-$19,638
Fees for Services Other$13,971$2,659-$16,630
Office Expenses$8,388$3,506-$11,894
Conferences and Meetings$7,728--$7,728
Fees for Services Accounting-$7,500-$7,500
Insurance-$5,410-$5,410
All Other Expenses$4,818$318-$5,136
Other Salaries and Wages$2,808$1,446-$4,254
Other Expenses$3,658--$3,658
Information Technology$2,024--$2,024
Fees for Services Legal$303--$303
Total Functional Expenses$530,532$232,287$0$762,819

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$762,819
Total Expenses per Audited Statements$762,819
Total Expenses per Form 990$762,819
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
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Dues$7,333
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PART VI, SECTION C, QUESTION #18 PUBLIC INSPECTION OF GOVERNING DOCUMENTS

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

Form 990, Part VI, Section A, Line 6 & 7 Members & Governing Body

“Members nominate and elect members on the governing body decisions by the governing body must receive a quorum from the members to approve or deny motions.”

From 990, Part VI, Section B, Line 11 Tax Return

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

Form 990, Part VI, Section B, Line 15 Compensation

“The president/ceo's compensation is determined by the compensation committee.”

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.”

Filing and Contact Details

Filer

Filer Name
Hudson Valley Economic Development
EIN
80-0492818
In Care Of
% SARA BORYS MCCORMICK
Phone
8452202244
Address
4 CROTTY LANE Suite 100, NEW WINDSOR, NY 12553

Signing Officer

Name
Laurence Gottlieb
Title
President
Phone
8452202244
Signed
2016-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Gottlieb
Formed
2009
Legal Domicile
Ny
Voting Board Members
40
Independent Board Members
40
Employees
4
Volunteers
0

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 990, Part XII, Question 2C Audit Committee

“The audit committee is responsible for the oversight of the audit and the selection of the independent accountant(s).”

Raw XML AppendixShowing 400 of 501 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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IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT & CEO
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt023284
IRS990/OccupancyGrp/ProgramServicesAmt09979
IRS990/OccupancyGrp/TotalAmt033263
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03506
IRS990/OfficeExpensesGrp/ProgramServicesAmt08388
IRS990/OfficeExpensesGrp/TotalAmt011894
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt020591
IRS990/OtherAssetsTotalGrp/EOYAmt044437
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013058
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025348
IRS990/OtherEmployeeBenefitsGrp/TotalAmt038406
IRS990/OtherExpensesGrp/Desc0CORPORATE OUTREACH
IRS990/OtherExpensesGrp/Desc1HOSTED EVENTS
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt05969
IRS990/OtherExpensesGrp/ProgramServicesAmt121992
IRS990/OtherExpensesGrp/ProgramServicesAmt21729
IRS990/OtherExpensesGrp/ProgramServicesAmt33658
IRS990/OtherExpensesGrp/TotalAmt05969
IRS990/OtherExpensesGrp/TotalAmt121992
IRS990/OtherExpensesGrp/TotalAmt21729
IRS990/OtherExpensesGrp/TotalAmt33658
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt07333
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT FEES
IRS990/OtherRevenueMiscGrp/Desc1REIMBURSEMENT FROM HVEDN
IRS990/OtherRevenueMiscGrp/Desc2OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt030000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt168063
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt21680
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt030000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt168063
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21680
IRS990/OtherRevenueTotalAmt099743
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01446
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02808
IRS990/OtherSalariesAndWagesGrp/TotalAmt04254
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09141
IRS990/PayrollTaxesGrp/ProgramServicesAmt017744
IRS990/PayrollTaxesGrp/TotalAmt026885
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06677
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012961
IRS990/PensionPlanContributionsGrp/TotalAmt019638
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0LARRY GOTTLIEB
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0625515
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0245632
IRS990/PYOtherRevenueAmt0141780
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt02744
IRS990/PYSalariesCompEmpBnftPaidAmt0518919
IRS990/PYTotalExpensesAmt0764551
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0767295
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt09716
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0762819
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02105
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt142332
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM HVEDN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID DUES
IRS990ScheduleD/RevenueSubtotalAmt0772535
IRS990ScheduleD/TotalBookValueOtherAssetsAmt044437
IRS990ScheduleD/TotalExpensesPerForm990Amt0762819
IRS990ScheduleD/TotalLiabilityAmt07333
IRS990ScheduleD/TotalRevenuePerForm990Amt0772535
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0772535
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0762819
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0308393
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LAURENCE GOTTLIEB
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0308393
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON ADVANCE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS NOMINATE AND ELECT MEMBERS ON THE GOVERNING BODY DECISIONS BY THE GOVERNING BODY MUST RECEIVE A QUORUM FROM THE MEMBERS TO APPROVE OR DENY MOTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS RECEIVE A COPY OF THE RETURN FOR APPROVAL BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT/CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD 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/ExplanationTxt5THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT(S).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION C, QUESTION #18 PUBLIC INSPECTION OF GOVERNING DOCUMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6 & 7 MEMBERS & GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FROM 990, PART VI, SECTION B, LINE 11 TAX RETURN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12 CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, QUESTION 2C AUDIT COMMITTEE
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HUDSON VALLEY ECONOMIC DEV NETWORK INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0452452108
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt092610
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04 CROTTY LANE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW WINDSOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd012553
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$131,700
Liabilities
$26,916
Net assets
$104,784
Revenue
$772,535
Expenses
$762,819
Net income
$9,716
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.05$0.49$0.85$1.05$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.77$0.08$0.68$1.00$0.90$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.05$0.59$0.91$0.75$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.43$0.68$0.54$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.29$0.63$0.48$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.66$0.52$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.05$0.01$0.58$0.63$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.03$0.03$0.69$0.72$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.02$0.05$0.75$0.80$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.03$0.10$0.77$0.76$0.01
2014Summary only. Only limited summary data is available for this year.$0.11$0.01$0.10$0.77$0.76$0.00
2013Summary only. Only limited summary data is available for this year.$0.12$0.03$0.09$0.85$0.83$0.02
2012Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.82$0.78$0.04
2011Summary only. Only limited summary data is available for this year.$0.10$0.07$0.03$0.74$0.91$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.02$0.20$0.85