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Nonprofit · EIN 75-3225637

HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION

Tax-exempt · HUDSON, NY 12534

Financials

$1.2M$771K2023$2.8M$2M2024
Revenue Expenses · by fiscal year end
Financials of HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,753,801$2,010,040$743,761$3,715,227$1,979,710$1,735,517
December 31, 2023990$1,193,817$771,297$422,520$3,041,543$2,049,787$991,756
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,168,095
of which government grants
$1,818,095
Program service revenue
$332,921
Investment income
$3,502
Other revenue
$249,283

Expenses

Grants and similar amounts paid
$818,590
Compensation of officers, directors and key employees
$202,216
Other salaries and wages
$353,845
Salaries, compensation and benefits (total)
$639,787
Professional fundraising fees
$0
Legal fees
$4,958
Accounting fees
$26,417
Occupancy
$7,799
Travel
$13,344
Depreciation
$14,203
Program services (functional)
$1,738,402
Management and general (functional)
$228,474
Fundraising (functional)
$43,164

Balance sheet and other

Total assets, start of year
$3,041,543
Total assets, end of year
$3,715,227
Total liabilities, end of year
$1,979,710
Net assets, end of year
$1,735,517
Land, buildings and equipment
$21,494
Net assets without donor restrictions
$962,834
Net assets with donor restrictions
$772,683
Gross receipts
$2,753,801
Employees
8
Volunteers
5
Year formed
2007
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TODD ERLINGEXECUTIVE DIRECTOR
Officer
40$202,216$6,672
MARK DOYLEPRESIDENT
Trustee or director, Officer
0.25$0$0
WALTER GARIGLIANOVICE PRESIDENT
Trustee or director, Officer
0.25$0$0
ANN FINNEGANTREASURER/SECRETARY
Trustee or director, Officer
0.25$0$0
DENNIS DOYLEDIRECTOR
Trustee or director
0.25$0$0
ERIC OOMSDIRECTOR
Trustee or director
0.25$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
TODD ERLINGEXECUTIVE DIRECTOR
Officer
40$131,972$12,650
MARK DOYLEPRESIDENT
Trustee or director, Officer
0.25$0$0
WALTER GARIGLIANOVICE PRESIDENT
Trustee or director, Officer
0.25$0$0
ANN FINNEGANTREASURER/SECRETARY
Trustee or director, Officer
0.25$0$0
DENNIS DOYLEDIRECTOR
Trustee or director
0.25$0$0
ERIC OOMSDIRECTOR
Trustee or director
0.25$0$0

Address and contacts

Address (IRS master file)
507 WARREN ST STE 2, HUDSON, NY 12534-2899
In care of
% TODD ERLING
Principal officer (990 for 2024)
TODD ERLING, 507 WARREN STREET, HUDSON, NY 12534
Signed the 990
TODD ERLING, EXECUTIVE DIRECTOR
Phone
(518) 432-5360
Return prepared by
UHY ADVISORS NORTHEAST INC

Mission

ITS PURPOSES INCLUDE AGRIBUSINESS TECHNICAL ASSISTANCE AND SUPPORT, CONSERVATION OF AGRICULTURAL RESOURCES, CARRYING ON SCIENTIFIC RESEARCH FOR THE PURPOSE OF AIDING THE HUDSON VALLEY BY ATTRACTING AGRICULTURAL PRODUCERS, RELATED BUSINESSES OR PROCESSORS TO THE AREA, ASSISTING IN THE PROMOTION OF THE HUDSON VALLEY AGRICULTURAL INDUSTRY AND ITS PRODUCTS IN SUPPORT OF PROMOTING ECONOMIC DEVELOPMENT, AND CARRYING ON ACTIVITIES THAT REDUCE OR ELIMINATE THE BURDENS OF COUNTY AND REGIONAL GOVERNMENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • TECHNICAL ASSISTANCE: HVADC TECHNICAL ASSISTANCE PROGRAMS INCLUDE THE INCUBATOR WITHOUT WALLS (IWW), FARM AND FOOD FUNDING ACCELERATOR (FFFA), AND HUDSON VALLEY BOUNTY (HVB). THESE PROGRAMS ARE DESIGNED TO PROVIDE ANALYSIS AND START-UP ASSISTANCE FOR NEW VENTURES AND ENTERPRISES, TO MARKET EXPANSION AND IMPROVED DISBRITUTION NETWORKS FOR EXISTING AGRICULTURAL AND FOOD BUSINESSES. HVADC PROVIDES THE RESOURCES TO ACCESS TECHNICAL AND PROFESSIONAL SERVICE PROVIDERS, PROJECT PLANNING AND DEVELOPMENT SERVICES, FUNDING AND CAPITAL ACCESS AND FEASIBILITY ANALYSIS. AS NEEDS EMERGE, HVADC ALSO PRESENTS TIMELY TOPIC SPECIFIC INSTRUCTION SUCH AS ITS FOOD LABELING WORKSHOP, MAKING IT HAPPEN FINANCIAL ANAYLSIS SESSIONS AND LOCAL LAMB LESSONS SERIES ON STARTING A SHEEP BUSINESS. THESE PUBLIC PROGRAMS ARE OPEN TO ALL INTERESTED PARTIES.
    Expenses $164,327 · revenue $264,346
  • ACCESS TO CAPITAL: IN 2018, HVADC WAS DESIGNATED AS ONE OF EIGHT THIRD-PARTY LENDERS PARTICIPATING IN THE NEW YORK JOB DEVELOPMENT AUTHORITY'S (JDA) AGRICULTURE LOAN FUND PROGRAM. WITH A FOCUS ON THE MID-HUDSON AND CAPITAL REGIONS, THE HVADC LOAN PROGRAM ISSUES LOW INTEREST LOANS BETWEEN $50,000 AND $200,000 TO SMALL BUSINESS OWNERS; INCREASE THE AVAILABILITY OF CREDIT, INVESTMENT CAPITAL AND FINANCIAL PRODUCTS AND SERVICES TO SUCH LOW-INCOME COMMUNITIES AND TO PEOPLE WHO LACK ACCESS TO FINANCING TO STIMULATE AND PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT IN ECONOMICALLY DEPRESSED AND DISTRESSED URBAN AND RURAL COMMUNITIES IN THE STATE OF NEW YORK, PARTICULARLY IN THE HUDSON VALLEY REGION AND THOSE UNDERSERVED BY TRADITIONAL FINANCIAL INSTITUTIONS. IN ADDITION TO THE LOAN OPPORTUNITY, HVADC IS PARTNERING WITH THE HUDSON MOHAWK RESOURCE CONSERVATION AND DEVELOPMENT COUNCIL, INC. (HMRC&D) TO ADMINISTER THE GROWN & CERTIFIED (G&C) PRODUCER GRANT PROGRAM IN THE CAPITAL DISTRICT REGION. THE G&C PRODUCER GRANTS WILL BE AWARDED FOR CAPITAL PROJECTS THAT WILL ENABLE QUALIFIED AGRICULTURAL PRODUCERS TO MEET FOOD SAFETY STANDARDS NECESSARY FOR PARTICIPATION IN THE PROGRAM. ELIGIBLE AGRICULTURAL PRODUCERS CAN APPLY FOR UP TO 90% OF THEIR TOTAL PROJECT COST, NOT TO EXCEED $50,000.
    Expenses $1,189,295 · grants $818,590 · revenue $68,575
  • FOOD SECURITY: HVADC IS WORKING ON THE ISSUE OF FOOD SECURITY THROUGH THE FEEDHV PROGRAM. FEEDHV IS A REGIONAL FOOD RESCUE AND GLEANING NETWORK DEDICATED TO MEETING THE NEEDS OF NEIGHBORS WHILE MITIGATING FOOD WASTE. THROUGH A WEB-BASED AND MOBILE APPLICATION POWERED BY CHOWMATCH, FEEDHV LINKS FOOD DONORS OF PREPARED BUT UNSERVED FOOD AND FRESH PRODUCE (INCLUDING FARMS, RESTAURANTS, CATERING SERVICES, GROCERY STORES, HOSPITALS, UNIVERSITIES, AND MORE) TO NON-PROFIT ORGANIZATIONS WITH FOOD ASSISTANCE PROGRAMS (SUCH AS FOOD PANTRIES, SOUP KITCHENS, AND SHELTERS) AND A NETWORK OF VOLUNTEERS WHO TRANSPORT, GLEAN, AND PROCESS DONATED FOOD.
    Expenses $127,400
  • Expenses $257,380

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-3225637
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,715,227
Income (IRS master file)
$2,753,801

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,753,801$2,010,040$3,715,227XML
990December 2023$1,193,817$771,297$3,041,543XML
990December 2022$670,033$586,321$1,314,265IRS
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 75-3225637).

Questions about HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION

What is the EIN of HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION?
The employer identification number (EIN) of HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION is 75-3225637.
Is HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HUDSON VALLEY AGRI-BUSINESS 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 VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names TODD ERLING.
Who are the officers and directors of HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $202,216 (TODD ERLING, EXECUTIVE DIRECTOR).
How much revenue does HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,753,801, expenses of $2,010,040 and total assets of $3,715,227 at year end.

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