HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORPORATION

HUDSON, NY, 12534-2899 (518) 432-5360 Est. 2007 EIN 75-3225637
S32— Community Improvement Form 990 501(c)(3)
www.hvadc.org

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.

Giving Portfolio

Total Grants
7
Total Giving
$819K
Recipients
7
Years Active
2024
Avg grant: $116,941 Median: $77,376

Top States

New York
7

Top Grantees

BURLEY BROTHERS LAND & CATTLE COMPANY LLC
NY
$250K
RED BARN MEATS INC
NY
$210K
FRANK WARDYNSKI & SONS INC
NY
$161K
RIDGECREST TURKEY FARM LLC
NY
$77K
SCHRADER FARMS LLC
NY
$67K
HILLTOWN PORK
NY
$31K
TRINTY MEAT COMPANY
NY
$23K

Financials

Total Revenue
$2,753,801
Total Expenses
$2,010,040
Net Assets
$1,735,517
8 employees 5 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10.4 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 130.7%
Expenses ↑ 160.6%
Revenue Sources
Contributions 78.7% Earned revenue 12.1% Investment 0.1% Other 9.0%
Expense Breakdown
Program 86.5% Management 11.4% Fundraising 2.1%

Officers & Trustees (6)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$2,753,801 $2,010,040$1,735,517
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$1,193,817 $771,297$991,756
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$670,033 $586,321$611,860
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$722,313 $721,302$337,740
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$548,208 $545,083$317,206

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EIN: 75-3225637 · Source: IRS Form 990 e-file data