New York · Nonprofit
HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP
HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP (New York) receives grants from 6 organizations whose IRS filings report $1,319,698 to it, the largest being NOVO FOUNDATION ($700,000). 4 of them have funded it in more than one year.
- Revenue FY2024
- $2.8M
- Funders on record
- 6
- Grants received
- $1.3M
- Net assets
- $1.7M
What Hudson Valley Agri-Business Development Corp does
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.
As stated on its FY2024 Form 990.
Programs
Technical assistance: hvadc technical assistance programs include the incubator without walls (iww), farm and food funding accelerator (fffa), and hudson valley bounty (hvb). These programs are designed to provide analysis and start-up assistance for new ventures and enterprises, to market expansion and improved disbritution networks for existing agricultural and food businesses. Hvadc provides the resources to access technical and professional service providers, project planning and development services, funding and capital access and feasibility analysis. As needs emerge, hvadc also presents timely topic specific instruction such as its food labeling workshop, making it happen financial anaylsis sessions and local lamb lessons series on starting a sheep business. These public programs are open to all interested parties.
$164,327 spent$264,346 earned by the program9% of program spendingAccess to capital: in 2018, hvadc was designated as one of eight third-party lenders participating in the new york job development authority's (jda) agriculture loan fund program. With a focus on the mid-hudson and capital regions, the hvadc loan program issues low interest loans between $50,000 and $200,000 to small business owners; increase the availability of credit, investment capital and financial products and services to such low-income communities and to people who lack access to financing to stimulate and promote community and economic development in economically depressed and distressed urban and rural communities in the state of new york, particularly in the hudson valley region and those underserved by traditional financial institutions. In addition to the loan opportunity, hvadc is partnering with the hudson mohawk resource conservation and development council, inc. (hmrc&d) to administer the grown & certified (g&c) producer grant program in the capital district region. The g&c producer grants will be awarded for capital projects that will enable qualified agricultural producers to meet food safety standards necessary for participation in the program. Eligible…
$1,189,295 spentof which $818,590 as grants$68,575 earned by the program68% of program spendingFood security: hvadc is working on the issue of food security through the feedhv program. Feedhv is a regional food rescue and gleaning network dedicated to meeting the needs of neighbors while mitigating food waste. Through a web-based and mobile application powered by chowmatch, feedhv links food donors of prepared but unserved food and fresh produce (including farms, restaurants, catering services, grocery stores, hospitals, universities, and more) to non-profit organizations with food assistance programs (such as food pantries, soup kitchens, and shelters) and a network of volunteers who transport, glean, and process donated food.
$127,400 spent7% of program spendingOther program services, not described on the e-filed return.
$257,380 spent15% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,738,402.
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 2022 to 2023, from $1.3M to $3.0M (+131%).
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 13% · 2018 7% · 2019 37% · 2020 16% · 2021 27% · 2022 23% · 2023 63% · 2024 66%. Grants only. Government contracts and fees sit inside program revenue.
79% of HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 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.
Chief executive
Todd Erling
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $135k → $205k.
From the IRS filings of HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP’s funders (the co-funder graph). 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 VALLEY AGRI-BUSINESS DEVELOPMENT CORP leans on a few funders — its largest provides 53% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
46% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 71% · 2020 91% · 2021 96% · 2022 91% · 2023 85% — diversifying over time.
“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
94% of HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP'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 VALLEY AGRI-BUSINESS DEVELOPMENT CORP runs a healthier operating margin than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.5M on record — $3.3M federal, $201k state.
- Department of Commerce$2.7M
- Department of the Treasury$363k
- Department of Agriculture$263k
- Other Contr and 3rd Pty Serv$100k
- Other Direct Grant Expense$100k
- Advertising - Other$1k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP
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
86% of spending goes to programs.
Governance
Public support
86%
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 VALLEY AGRI-BUSINESS DEVELOPMENT CORP: 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 VALLEY AGRI-BUSINESS DEVELOPMENT CORP?
- HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP (New York) receives grants from 6 organizations whose IRS filings report $1,319,698 to it, the largest being NOVO FOUNDATION ($700,000). 4 of them have funded it in more than one year.
- How many funders does HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP have?
- IRS filings report 6 organizations giving $1,319,698 in grants to HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP, 4 of which have funded it in more than one year.
- Who is the largest funder of HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP?
- NOVO FOUNDATION is the largest funder on record, with $700,000 in grants. The full list of funders is on this page.
- How can an organization like HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP 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 6 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