HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY INC

EIN: 222873650 501(c)(3) Housing & Shelter

WAPPINGERS FALLS, NY

Total Revenue
$792,320
Total Expenses
$689,824
Total Assets
$7,805,810
Net Assets
$4,796,109
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NY
Principal Officer
GREGORY D SUPPLE ESQ
Phone
8452972004
Tax Period
2024-08-01 to 2025-07-31

HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $792K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $690K left a modest 13% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO DEVELOP, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW-INCOME, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS IN THE HUDSON VALLEY REGION OF NEW YORK.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $708,189
Investment Income $180
Other Revenue $83,951
TOTAL REVENUE $792,320

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,398
Fundraising Expenses $0
Program Expenses $573,363
Other Expenses $626,426
TOTAL EXPENSES $689,824

Year-over-Year Comparison

2024 2023 Change
Revenue $792,320 $669,580 +0.2%
Expenses $689,824 $1,115,733 -0.4%
Net Income $102,496 $-446,153 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$194,121
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID MERTE PE VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
GREGORY D SUPPLE ESQ CHAIRPERSON 1.00
Officer Director
$0 $0 $0
JOAN ECK SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
JOHN LAWRENCE DIRECTOR 1.00
Director
$0 $0 $0
PAUL PILON DIRECTOR 1.00
Director
$0 $0 $0
MARGARET O'LEARY C.E.O. 1.00
Officer
$0 $18,000 $137,995
SUSAN MEANEY C.F.O. 1.00
Officer
$0 $0 $56,126
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $792,320 $689,824 $7,805,810 $102,496
2024 $669,580 $1,115,737 $7,851,173 $-446,157
2024 No data No data No data No data
2023 $583,463 $733,729 $8,304,860 $-150,266
2022 $547,209 $661,057 $8,493,471 $-113,848
2021 $647,126 $668,439 $8,653,586 $-21,313
2020 $545,723 $669,278 $8,793,371 $-123,555
2019 $1,280,631 $804,716 $8,368,835 $475,915
2018 $583,800 $606,132 $7,299,172 $-22,332
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