Nonprofit · EIN 14-1941768
HUDSON YARDS DEVELOPMENT CORPORATION
Tax-exempt · NEW YORK, NY 10006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $10,987,770 | $11,014,227 | -$26,457 | $2,934,490 | $2,848,568 | $85,922 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $10,985,352
- of which government grants
- $10,985,352
- Program service revenue
- $0
- Investment income
- $2,418
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $936,331
- Salaries, compensation and benefits (total)
- $977,973
- Professional fundraising fees
- $0
- Occupancy
- $4,860
- Travel
- $2,023
- Program services (functional)
- $10,009,657
- Management and general (functional)
- $1,004,570
Balance sheet and other
- Total assets, start of year
- $2,212,498
- Total assets, end of year
- $2,934,490
- Total liabilities, end of year
- $2,848,568
- Net assets, end of year
- $85,922
- Net assets without donor restrictions
- $85,922
- Gross receipts
- $10,987,770
- Employees
- 3
- Volunteers
- 0
- Year formed
- 2005
- 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 June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LINCOLN PATEL | VICE PRESIDENT AND COUNSEL Officer | 35 | $256,590 | $108,576 |
| ANGELA CAVALUZZI | PRESIDENT Officer | 35 | $299,299 | $42,060 |
| SUSAN GIL | TREASURER AND CONTROLLER Officer | 35 | $117,734 | $64,081 |
| JULIE SU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIA KERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SIDEYA SHERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DINA LEVY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TRICIA SHIMAMURA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENNY MINAYA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHERIF SOLIMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEANNY PAK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK LEVINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIE MENIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRAD HOYLMAN-SIGAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LESLIE BOGHOSIAN MURPHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADRIENNE ADAMS | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| ADOLFO CARRION | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| JESSICA CHAIT | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| SUSAN DONOGHUE | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| DAN GARODNICK | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| DUNISHAL GROSS | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| JACQUES JIHAJ | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| ANDREW KIMBALL | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| BRAD S LANDER | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| MARK LEVINE | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| JEFFREY D ROTH | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
| AHMED TIGANI | DIRECTOR (TILL 4/28/26) Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- ONE LIBERTY PLAZA 14TH FLOOR, NEW YORK, NY 10006-1456
- In care of
- % NYCEDC
- Principal officer (990 for 2025)
- ANGELA R CAVALUZZI, ONE LIBERTY PLAZA 14TH FLOOR, NEW YORK, NY 10006
- Signed the 990
- SUSAN GIL, TREASURER AND CONTROLLER
- Phone
- (908) 738-1870
- Return prepared by
- EFPR ADVISORY LLC
Mission
SEE SCHEDULE OTO COORDINATE AND FACILITATE THE ECONOMIC DEVELOPMENT OF THE HUDSON YARDS AREA OF MANHATTAN. THIS INCLUDES CONSTRUCTION OF AN EXTENSION TO THE NO. 7 SUBWAY LINE, THE COORDINATION OF THE DESIGN AND CONSTRUCTION OF CERTAIN PUBLIC AMENITIES INCLUDING PARKS AND PROPERTY ACQUISITION AS NECESSARY.
Program accomplishments
- THE ORGANIZATION CONTRACTS WITH OUTSIDE LEGAL COUNSEL AND OTHER CONSULTANTS FOR SERVICES IN SUPPORT OF PROPERTY ACQUISITION, DEVELOPMENT AND DESIGN SERVICES.Expenses $10,009,657
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1941768
- 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
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $2,934,490
- Income (IRS master file)
- $10,987,770
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | – | – | – | IRS |
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $4,694,553 | $4,680,665 | $2,334,399 | IRS |
| 990 | June 2022 | $2,999,980 | $2,969,607 | $557,647 | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about HUDSON YARDS DEVELOPMENT CORPORATION
- What is the EIN of HUDSON YARDS DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of HUDSON YARDS DEVELOPMENT CORPORATION is 14-1941768.
- Is HUDSON YARDS DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to HUDSON YARDS DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HUDSON YARDS 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 HUDSON YARDS DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HUDSON YARDS DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of HUDSON YARDS DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2026 names ANGELA R CAVALUZZI.
- Who are the officers and directors of HUDSON YARDS DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2026 lists 27 people; 3 received compensation from the organization, the highest $256,590 (LINCOLN PATEL, VICE PRESIDENT AND COUNSEL).
- How much revenue does HUDSON YARDS DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $10,987,770, expenses of $11,014,227 and total assets of $2,934,490 at year end.
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