Hudson Valley Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 739,533 | 906,984 | −167,451 | 0.5 | 39% |
| 2012 | 822,851 | 780,482 | 42,369 | 1.2 | 48% |
| 2013 | 845,809 | 830,159 | 15,650 | 1.3 | 56% |
| 2014 | 767,295 | 764,551 | 2,744 | 1.5 | 58% |
| 2015 | 772,535 | 762,819 | 9,716 | 1.6 | 61% |
| 2016 | 750,967 | 802,658 | −51,691 | 0.8 | 54% |
| 2017 | 691,337 | 716,963 | −25,626 | 0.5 | 60% |
| 2018 | 584,886 | 626,932 | −42,046 | -0.3 | 59% |
| 2019 | 663,166 | 521,026 | 142,140 | 2.9 | 57% |
| 2020 | 626,838 | 482,521 | 144,317 | 7.2 | 74% |
| 2021 | 678,738 | 540,681 | 138,057 | 9.5 | 66% |
| 2022 | 911,039 | 753,738 | 157,301 | 9.3 | 61% |
| 2023 | 995,465 | 899,285 | 96,180 | 9.1 | 47% |
In its most recent public year (2023), this organization brought in $96,180 more than it spent. Its reserves stood at about 9.1 months of spending, up from 0.5 in 2011. Staff pay was 47% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Hudson Valley Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works