Civic Intelligence

Hudson Valley Gateway Chamber Foundation Inc

EIN 81-5199184 • 501(c)3

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.49x

Higher debt load relative to revenue than 91% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Source year 2024

Net Margin

57th percentile

13%

Higher net margin than 57% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Source year 2024

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

NTEE S20 • <$500k nonprofits • Source year 2024

Asset Growth

64th percentile

8.9%

Faster asset growth than 64% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-35%

Faster revenue growth than 25% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$74,677

Up $46,684 (+167%) from 2020

Liabilities

$7,180

No earlier filing loaded for comparison.

Net Assets

Up

$67,497

Up $39,504 (+141%) from 2020

Revenue

Down

$38,664

Down $8,223 (-18%) from 2020

Expenses

Up

$36,671

Up $6,989 (+24%) from 2020

Net Income

Down

$1,993

Down $15,212 (-88%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2020: $27,993Net Assets 2020: $27,9932020Assets 2022: $74,677Liabilities 2022: $7,180Net Assets 2022: $67,4972022

Highlighted filing

2022

Assets$74,677
Liabilities$7,180
Net Assets$67,497

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2020: $46,887Expenses 2020: $29,682Net Income 2020: $17,2052020Revenue 2022: $38,664Expenses 2022: $36,671Net Income 2022: $1,9932022

Highlighted filing

2022

Revenue$38,664
Expenses$36,671
Net Income$1,993

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 27, 2023
Return Version
2021v4.2
Gross Receipts
$64,857
Mission and Program Overview

Mission

To develop and execute tactical solutions focused on strengthening the communities of the lower hudson valley gateway region. This is done by providing programs and services promoting local tourism, by devising visitor information resource initiatives, by supporting higher education through scholarship awards, and by advancing sustainable workforce development.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS TO GRADUATING HS SENIORS$9,500$11,492
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANE SOLNICKChairperson-$0--
GEORGE OROSVice Chairperson-$0--
DR SHERRY MAYOSecretary-$0--
MICHAEL MATTONETreasurer-$0--
BRUCE LINDENBAUMBoard Member-$0--
MARIANNE OROSBoard Member-$0--
LUCILLE GERACI- MIRANDABoard Member-$0--
CHARLES MCGINNISBoard Member-$0--
LIZ CORIOBoard Member-$0--
DAVID FELDMANBoard Member-$0--
DEBORAH MILONEExecutive Director-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$61,157$47,157$26,193$20,964
Total Events$61,157$47,157$26,193$20,964
Filing and Contact Details

Filer

Filer Name
Hudson Valley Gateway Chamber Foundation Inc
EIN
81-5199184
Phone
9147373600
Address
1 S DIVISION ST, PEEKSKILL, NY 10566

Signing Officer

Name
Jane Solnick
Title
Chairperson
Phone
9147373600
Signed
2023-02-27
Discuss with paid preparer
No

Preparer

Firm
Lisa Alexander CPA
Address
8 JOHN WALSH BLVD SUITE 305A, PEEKSKILL, NY 10566
Preparer
Lisa Alexander
Phone
9147889128
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

Activity , Grantee GRANTS PAID TO INDIVIDUALS, Cash Grant 9,500, Relationship

Form 990-EZ, Part I, Line 16, Other Expenses

Office 686

Form 990-EZ, Part I, Line 16, Other Expenses

Credit Card Fees 771

Form 990-EZ, Part I, Line 16, Other Expenses

Service /Usage Fees 8,666

Form 990-EZ, Part I, Line 16, Other Expenses

Event Fees 11,906

Form 990-EZ, Part II, Line 24, Other Assets

PREPAID SCHOLARSHIP Beginning of year 0, End of year 1,000

Form 990-EZ, Part II, Line 24, Other Assets

PLEDGES RECEIVABLE Beginning of year 0, End of year 375

Form 990-EZ, Part II, Line 26, Liabilities

DEFERRED REVENUE Beginning of year 8,310, End of year 7,180

Form 990-EZ, Part III, Line STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS

The organizations primary exempt purpose is to develop and execute tactical solutions focused on strengthening the communities of the lower hudson valley gateway region. This is done by providing programs and services promoting local tourism, by devising visitor information resource initiatives, by supporting higher education through scholarship awards and by advancing sustainable workforce development.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS TO DEVELOP AND EXECUTE TACTICAL SOLUTIONS FOCUSED ON STRENGTHENING THE COMMUNITIES OF THE LOWER HUDSON VALLEY GATEWAY REGION. THIS IS DONE BY PROVIDING PROGRAMS AND SERVICES PROMOTING LOCAL TOURISM, BY DEVISING VISITOR INFORMATION RESOURCE INITIATIVES, BY SUPPORTING HIGHER EDUCATION THROUGH SCHOLARSHIP AWARDS AND BY ADVANCING SUSTAINABLE WORKFORCE DEVELOPMENT.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part III, Line STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS
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