nonprofit logo

The Hudson Valley Center For Innovation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203579392 ✦ White plains, NY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is The Hudson Valley Center For Innovation Inc?

The Hudson Valley Center For Innovation Inc, located at 169 Mamaroneck Ave 2nd FlSTE in White Plains, New York, is a nonprofit organization dedicated to fostering business growth. They achieve this through various means, including planning, mentorship, and educational programs. The organization, which employs a team of successful entrepreneurs, offers its services to entrepreneurs at different stages of their journey. Their flagship program, Westchester County Launch1000, helps residents evaluate business ideas, test them with potential customers, and assess their viability. Over 365 individuals have completed this free entrepreneurial training, leading to the launch of numerous ventures, including for-profit businesses, social enterprises, and non-profit organizations. The Hudson Valley Center For Innovation Inc's mission is to empower businesses, fostering connections to their marketplace and aiding in revenue growth.


Official website here: www.hvci.org

Is The Hudson Valley Center For Innovation Inc legitimate?

The Hudson Valley Center For Innovation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hudson Valley Center For Innovation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $92,277
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hvci.org

What is the mission statement of The Hudson Valley Center For Innovation Inc?

The Hudson Valley Center for Innovation Inc. is committed to fostering business growth by providing strategic planning, guidance, and educational resources. They achieve this through a network of successful entrepreneurs, offering programs and experiential learning opportunities to entrepreneurs at various stages of their development. The organization encourages a growth mindset to help companies connect with their marketplace and enhance their revenue.


Official website here: www.hvci.org

Who is the CEO of The Hudson Valley Center For Innovation Inc?

Hugh Schwartz is the Ceo And Managing Director of The Hudson Valley Center For Innovation Inc. The CEO's salary of The Hudson Valley Center For Innovation Inc is $60,000 and their total compensation is $60,000.


Official website here: www.hvci.org

What is the revenue of The Hudson Valley Center For Innovation Inc?

The Hudson Valley Center For Innovation Inc's revenue in 2022 was $428,889.


Official website here: www.hvci.org

Who are the executives of The Hudson Valley Center For Innovation Inc and what are their salaries?

The average compensation at The Hudson Valley Center For Innovation Inc during 2022 was $92,277. There is 1 employee at The Hudson Valley Center For Innovation Inc.


Here are 4 key members and their salaries (The Hudson Valley Center For Innovation Inc's CEO's salary is $60,000 and their total compensation is $60,000):


Daniel Potocki (Ceo And Managing Director)
  • Compensation: $81,344
  • Related: $0
  • Other: $0
Hugh Schwartz (Executive Chairman And Ceo)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Chester Watson (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0
James Cranston (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0


Official website here: www.hvci.org

Where can I find the form 990 for The Hudson Valley Center For Innovation Inc?

The Hudson Valley Center For Innovation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hvci.org

Learn more at the official website: www.hvci.org

Mission Statement of The Hudson Valley Center For Innovation Inc

The Hudson Valley Center for Innovation, Inc. is an organization dedicated to fostering business growth through strategic planning, guidance, and educational programs. It utilizes a collective of successful entrepreneurs to serve other entrepreneurs at various stages of their development. The center employs a variety of methods, including experiential learning and a growth mindset, to help companies connect with their marketplace and boost their revenues. In essence, the Hudson Valley Center for Innovation empowers businesses to thrive and reach their full potential.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Hudson Valley Center for Innovation Inc. significantly impacts the entrepreneurial landscape within the region by empowering businesses through comprehensive planning, advisement, and educational initiatives. By providing a platform where successful entrepreneurs mentor others, HVCI fosters a supportive environment for entrepreneurs at various stages of their ventures.

One of their flagship initiatives, the Westchester County Launch1000 program, has been instrumental in helping over 365 local residents evaluate their business ideas and test their concepts with potential customers. This hands-on approach not only equips participants with essential tools and knowledge but also supports them in launching diverse ventures, including for-profit businesses, social enterprises, and non-profit organizations.

Through experiential learning and a focus on developing a growth mindset, HVCI plays a vital role in connecting businesses to the marketplace, ultimately driving revenue growth and enhancing community improvement in Westchester County. The collective impact of their programs helps foster a vibrant entrepreneurial ecosystem, contributing to economic development and innovation in the region.




This information is meant to be a general summary of The Hudson Valley Center For Innovation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$428,889 (2022)
Expenses
$539,308 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $8,922
  • Gross Receipts: $428,889

Assets and Liabilities:

  • Total Assets: $205,653
  • Total Liabilities: $250,267
  • Net Assets: -$44,614

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Entrepreneurial Training and Mentoring

Revenue

$8,922

Organization Details

Founding Year

2005

Principal Officer

Hugh Schwartz

Main Address

169 Mamaroneck Ave 2nd FlSTE 12, White Plains, NY, 10601

NTEE Category

Code: S30 - Community improvement

If you are a representative of The Hudson Valley Center For Innovation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.