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Nonprofit · EIN 14-1755710

COLUMBIA ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · HUDSON, NY 12534

Financials

$1.2M$1.2M2023$1.5M$1.5M2024$1.6M$1.6M2025
Revenue Expenses · by fiscal year end
Financials of COLUMBIA ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,593,553$1,556,145$37,408$5,638,863$2,817,815$2,821,048
December 31, 2024990$1,544,530$1,511,410$33,120$5,416,497$2,632,857$2,783,640
December 31, 2023990$1,181,402$1,165,398$16,004$4,825,253$2,074,733$2,750,520
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,309,549
of which government grants
$1,264,146
Membership dues
$45,403
Program service revenue
$134,657
Investment income
$29,347
Other revenue
$120,000

Expenses

Grants and similar amounts paid
$294,375
Other salaries and wages
$450,315
Salaries, compensation and benefits (total)
$564,549
Professional fundraising fees
$0
Legal fees
$8,666
Accounting fees
$44,457
Depreciation
$43,180
Program services (functional)
$1,097,831
Management and general (functional)
$458,314

Balance sheet and other

Total assets, start of year
$5,416,497
Total assets, end of year
$5,638,863
Total liabilities, end of year
$2,817,815
Net assets, end of year
$2,821,048
Land, buildings and equipment
$235,208
Gross receipts
$1,593,553
Employees
7
Volunteers
20
Year formed
1992
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
F MICHAEL TUCKERPRESIDENT & CEO
Officer
30$146,902
JAMES CALVINCHAIRMAN
Trustee or director, Officer
5$0
TARAH GAYVICE CHAIR
Trustee or director, Officer
0.25$0
RACHEL LEVINESECRETARY
Trustee or director, Officer
0.25$0
BRYAN MAHONEYTREASURER
Trustee or director, Officer
0.25$0
RICHARD CUMMINGSDIRECTOR
Trustee or director
0.25$0
JUSTIN GOLDMANDIRECTOR
Trustee or director
0.25$0
DEREK GROUTDIRECTOR
Trustee or director
0.25$0
CHRISTINE HINZDIRECTOR
Trustee or director
0.25$0
MICHAEL JOHNSTONDIRECTOR
Trustee or director
0.25$0
AMANDA KARCHEX-OFFICIO MEMBER
Trustee or director
0.25$0
RYAN SKODAEX-OFFICIO MEMBER
Trustee or director
0.25$0
RACHEL PUCKETTDIRECTOR
Trustee or director
0.25$0
SEAN SAWYERDIRECTOR
Trustee or director
0.25$0
CARMINE PIERROEX-OFFICIO MEMBER
Trustee or director
0.25$0
2 more people on this return
NameTitleHours / weekCompensation
GARY GRAZIANODIRECTOR
Trustee or director
0.25$0
DR VICTORIA WALSHEX-OFFICIO MEMBER
Trustee or director
0.25$0
990 for the year ended December 31, 2024: 25 people
NameTitleHours / weekCompensation
F MICHAEL TUCKERPRESIDENT & CEO
Officer
30$155,833
JAMES CALVINCHAIRMAN
Trustee or director, Officer
5$0
TARAH GAYVICE CHAIR
Trustee or director, Officer
0.25$0
MICHAEL MOLINSKISECRETARY
Trustee or director, Officer
0.25$0
BRYAN MAHONEYTREASURER
Trustee or director, Officer
0.25$0
RICHARD CUMMINGSDIRECTOR
Trustee or director
0.25$0
JUSTIN GOLDMANDIRECTOR
Trustee or director
0.25$0
CARLEE RADER DRUMMEREX-OFFICIO MEMBER
Trustee or director
0.25$0
DEREK GROUTDIRECTOR
Trustee or director
0.25$0
CHRISTINE HINZDIRECTOR
Trustee or director
0.25$0
MICHAEL JOHNSTONDIRECTOR
Trustee or director
0.25$0
AMANDA KARCHEX-OFFICIO MEMBER
Trustee or director
0.25$0
KENNETH LEGGETTDIRECTOR
Trustee or director
0.25$0
RYAN SKODAEX-OFFICIO MEMBER
Trustee or director
0.25$0
RACHEL LEVINEDIRECTOR
Trustee or director
0.25$0
CHRISTIAN LOPEZDIRECTOR
Trustee or director
0.25$0
RICHARD NESBITTDIRECTOR
Trustee or director
0.25$0
RACHEL PUCKETTDIRECTOR
Trustee or director
0.25$0
SEAN SAWYERDIRECTOR
Trustee or director
0.25$0
CARMINE PIERROEX-OFFICIO MEMBER
Trustee or director
0.25$0
RUTH ADAMSFORMER DIRECTOR
Trustee or director
0.25$0
DAVID FINGARFORMER DIRECTOR
Trustee or director
0.25$0
SARAH STERLINGFORMER DIRECTOR
Trustee or director
0.25$0
CHRISTOPHER NARDONEFORMER EX-OFFICIO
Trustee or director
0.25$0
RICK SCALERAFORMER DIRECTOR
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
F MICHAEL TUCKERPRESIDENT & CEO
Officer
30$0$135,667
DAVID FINGARCHAIRMAN
Trustee or director, Officer
5$0$0
JAMES CALVINVICE CHAIR
Trustee or director, Officer
0.25$0$0
SARAH STERLINGSECRETARY
Trustee or director, Officer
0.25$0$0
TARAH GAYTREASURER
Trustee or director, Officer
0.25$0$0
RUTH ADAMSDIRECTOR
Trustee or director
0.25$0$0
RICHARD CUMMINGSDIRECTOR
Trustee or director
0.25$0$0
CARLEE RADER DRUMMEREX-OFFICIO MEMBER
Trustee or director
0.25$0$0
DEREK GROUTDIRECTOR
Trustee or director
0.25$0$0
RACHEL PUCKETTDIRECTOR
Trustee or director
0.25$0$0
KENNETH LEGGETTDIRECTOR
Trustee or director
0.25$0$0
CARMINE PIERROEX-OFFICIO MEMBER
Trustee or director
0.25$0$0
JUSTIN GOLDMANDIRECTOR
Trustee or director
0.25$0$0
RICHARD SCALERAEX-OFFICIO MEMBER
Trustee or director
0.25$0$0
JOSEPH BENSONFORMER DIRECTOR
Trustee or director
0.25$0$0
ANITA OTEYFORMER DIRECTOR
Trustee or director
0.25$0$0
ANAND BALASARFORMER DIRECTOR
Trustee or director
0.25$0$0
MICHAEL S JOHNSTONDIRECTOR
Trustee or director
0.25$0$0
RACHEL LEVINEDIRECTOR
Trustee or director
0.25$0$0
BRYAN MAHONEYDIRECTOR
Trustee or director
0.25$0$0
MICHAEL MOLINSKIDIRECTOR
Trustee or director
0.25$0$0
RICK RECTORDIRECTOR
Trustee or director
0.25$0$0
SEAN SAWYERDIRECTOR
Trustee or director
0.25$0$0

Address and contacts

Address (IRS master file)
1 HUDSON CITY CTR STE 301, HUDSON, NY 12534-2355
In care of
% ERIN MCNARY
Principal officer (990 for 2025)
F MICHAEL TUCKER, 1 HUDSON CITY CENTRE, SUITE HUDSON, NY 12534
Signed the 990
F MICHAEL TUCKER, PRESIDENT AND CEO
Phone
(518) 828-4718
Return prepared by
UHY ADVISORS NORTHEAST INC

Mission

COLUMBIA ECONOMIC DEVELOPMENT CORPORATION IS THE LEAD ECONOMIC DEVELOPMENT ORGANIZATION FOR COLUMBIA COUNTY, NEW YORK. OUR MISSION IS TO STRENGTHEN THE AREA'S TAX BASE THROUGH ECONOMIC DEVELOPMENT AND JOB CREATION, TO ASSIST BUSINESSES TO LOCATE AND EXPAND WITHIN THE COUNTY, AND TO PROMOTE COLUMBIA COUNTY AS A PREMIERE SPOT FOR BOTH BUSINESS INVESTMENT AND PERSONAL OPPORTUNITY.

990 for the year ended December 31, 2025

Program accomplishments

  • DURING THE YEAR, $1,038,599 WAS LENT TO VARIOUS LOCAL BUSINESSES OFFSET BY $765,497 OF LOAN REPAYMENTS. PROGRAM EXPENSES INCLUDED PAYROLL EXPENSES FOR EMPLOYEES WORKING ON PROMOTING THE CORPORATION'S MISSION AND MEETING PROGRAM EXPECTATIONS, WHILE OTHER EXPENSES INCLUDED OFFICE AND MARKETING AND CONSULTING EXPENSES RELATED TO RUNNING THE PROGRAM.
    Expenses $1,097,831 · grants $294,375 · revenue $134,657

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
14-1755710
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,638,863
Income (IRS master file)
$1,593,553

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,593,553$1,556,145$5,638,863XML
990December 2024$1,544,530$1,511,410$5,416,497XML
990December 2023$1,181,402$1,165,398$4,825,253XML
990December 2022$1,131,840$1,149,573$4,476,822IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1755710).

Questions about COLUMBIA ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of COLUMBIA ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of COLUMBIA ECONOMIC DEVELOPMENT CORPORATION is 14-1755710.
Is COLUMBIA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to COLUMBIA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLUMBIA ECONOMIC DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COLUMBIA ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COLUMBIA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of COLUMBIA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names F MICHAEL TUCKER.
Who are the officers and directors of COLUMBIA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 17 people; 1 received compensation from the organization, the highest $146,902 (F MICHAEL TUCKER, PRESIDENT & CEO).
How much revenue does COLUMBIA ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,593,553, expenses of $1,556,145 and total assets of $5,638,863 at year end.

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