Overview
What is Hudson Valley Economic Development Corporation?
The Hudson Valley Economic Development Corporation, located at 42 Catherine Street, Poughkeepsie, NY 12601, is a small-scale nonprofit organization dedicated to fostering economic growth and promotion in the Hudson Valley region of New York State. Their mission encompasses developing a unified strategy and employing targeted marketing techniques to attract businesses within the area. Additionally, they have an initiative in place, referred to as 'Shovel Ready,' which caters specifically to interested businesses in the Hudson Valley region. Their primary focus is on driving economic development within this region of New York.
Official website here: www.hvedc.com
Is Hudson Valley Economic Development Corporation legitimate?
Hudson Valley Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hudson Valley Economic Development Corporation 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: $386,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,530
For more financial information, click here
Official website here: www.hvedc.com
What is the mission statement of Hudson Valley Economic Development Corporation?
The Hudson Valley Economic Development Corporation is dedicated to the economic development and promotion of a specific region in New York, specifically the Hudson Valley. Their mission involves creating a unified strategy and employing targeted marketing efforts to attract businesses interested in this region. Additionally, they have initiated a "shovel-ready" program, which seems to provide resources and support for businesses looking to establish themselves in the Hudson Valley. This corporation aims to contribute positively to the economic growth and prosperity of this region.
Official website here: www.hvedc.com
Who is the CEO of Hudson Valley Economic Development Corporation?
Michael Oates is the President & of Hudson Valley Economic Development Corporation.
Official website here: www.hvedc.com
What is the revenue of Hudson Valley Economic Development Corporation?
Hudson Valley Economic Development Corporation's revenue in 2022 was $911,039.
Official website here: www.hvedc.com
Who are the executives of Hudson Valley Economic Development Corporation and what are their salaries?
The average compensation at Hudson Valley Economic Development Corporation during 2022 was $229,038. There are 2 employees at Hudson Valley Economic Development Corporation.
Here are 6 key members and their salaries:
- Compensation: $386,544
- Related: $0
- Other: $12,200
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hvedc.com
Where can I find the form 990 for Hudson Valley Economic Development Corporation?
Hudson Valley Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hvedc.com
Learn more at the official website: www.hvedc.com
Mission Statement of Hudson Valley Economic Development Corporation
Hudson Valley Economic Development Corporation, as its name suggests, is dedicated to fostering economic growth and promotion in the Hudson Valley region of New York. Their mission, in essence, is to devise a cohesive strategy for the region, with a clear and compelling message that resonates with potential businesses. This strategy is backed by targeted marketing efforts, aimed at attracting interested enterprises to the Hudson Valley region of New York State. Additionally, Hudson Valley Economic Development Corporation operates a 'Shovel Ready' initiative, a service designed to streamline the process for businesses looking to establish operations in the region, making it easier for them to get started.
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Impact
October, 2024
Hudson Valley Economic Development Corporation plays a crucial role in fostering economic growth and promoting the Hudson Valley region in New York. By developing a regional strategy with a unified message, the organization enhances the visibility of the area as a prime destination for business investment. Its targeted marketing efforts attract potential businesses, coupled with the Shovel Ready Initiative, which streamlines the process for businesses looking to establish themselves in the region.
The impact of this organization is multifaceted. It not only supports existing businesses but also encourages new investments, leading to job creation and community improvement. By positioning the Hudson Valley as a competitive locale for various industries, it contributes to a stronger, more vibrant local economy and enhances the quality of life for residents. The collaborative approach fosters partnerships among stakeholders, ultimately ensuring sustainable development and long-term prosperity for the Hudson Valley.
This information is meant to be a general summary of Hudson Valley Economic Development Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $911,039
Assets and Liabilities:
- Total Assets: $640,040
- Total Liabilities: $53,970
- Net Assets: $586,070
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Organization Details
Founding Year
2009
Phone
(845) 220-2244Principal Officer
Michael Oates
Main Address
42 CATHARINE STREET, POUGHKEEPSIE, NY, 12601
Website
www.hvedc.comNTEE Category
Code: S41 - Community improvement
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