New York · Nonprofit
HUDSON DEVELOPMENT CORPORATION
HUDSON DEVELOPMENT CORPORATION (New York) receives grants from 3 organizations whose IRS filings report $43,735 to it, the largest being RICHARD AND TEREZ ABATECOLA FOUNDATION INC ($25,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $133k
- Funders on record
- 3
- Grants received
- $44k
- Net assets
- $2.8M
What Hudson Development Corporation does
Mission
To relieve and reduce adult unemployment, to better and maintain job opportunities, and to promote instruction or training of individuals in order to improve or develop their capabilities for employment opportunities.
As stated on its FY2024 Form 990.
Program
To relieve and reduce adult unemployment, to better maintain job opportunities, and to promote instruction or training of individuals in order to improve or develop their capabilities for employment opportunities, including scientific research for such purposes.
$29,231 spentof which $23,463 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $29,231.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.5M to $3.1M (+112%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 97% · 2018 99% · 2020 2% · 2021 1%. Grants only. Government contracts and fees sit inside program revenue.
23% of HUDSON DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2018 → 2023: the base held at 1 funder, grant income fell $10k → $0.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HUDSON DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 2 of 3 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HUDSON DEVELOPMENT CORPORATION leans on a few funders — its largest provides 57% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 100% · 2019 100% · 2021 54% · 2022 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of HUDSON DEVELOPMENT CORPORATION's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HUDSON DEVELOPMENT CORPORATION has grown faster than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like HUDSON DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
12% of spending goes to programs.
Governance
Public support
47%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HUDSON DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HUDSON DEVELOPMENT CORPORATION?
- HUDSON DEVELOPMENT CORPORATION (New York) receives grants from 3 organizations whose IRS filings report $43,735 to it, the largest being RICHARD AND TEREZ ABATECOLA FOUNDATION INC ($25,000). 2 of them have funded it in more than one year.
- How many funders does HUDSON DEVELOPMENT CORPORATION have?
- IRS filings report 3 organizations giving $43,735 in grants to HUDSON DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
- Who is the largest funder of HUDSON DEVELOPMENT CORPORATION?
- RICHARD AND TEREZ ABATECOLA FOUNDATION INC is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
- How can an organization like HUDSON DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing