COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY INC

EIN: 237026859 501(c)(3)

POUGHKEEPSIE, NY

Total Revenue
$31,311,189
Total Expenses
$22,717,156
Total Assets
$138,845,207
Net Assets
$123,982,001
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NY
Principal Officer
LAURA WASHINGTON
Phone
8454523077
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY INC, founded in 1969, is a mid-sized nonprofit that reported $31.3M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $8.6M, a strong 27% operating margin.

Mission

THE FOUNDATIONS' MOST SIGNIFICANT ACTIVITIES FOR THE 2025 FISCAL YEAR WERE TO HOLD DONOR FUNDS, INVEST THEM PRUDENTLY, AND MAKE GRANT DISTRIBUTIONS TO NONPROFITS FOR CHARITABLE PURPOSES. OUR THREE MAIN PROGRAM AREAS ARE AS FOLLOWS: GRANTMAKING, DONOR RELATIONS, AND NONPROFIT TECHNICAL ASSISTANCE.

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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 $26,421,400
Program Service Revenue $227,928
Investment Income $4,660,814
Other Revenue $1,047
TOTAL REVENUE $31,311,189

Expense Breakdown

Grants Paid $19,821,864
Salaries & Benefits $1,440,059
Fundraising Expenses $49,568
Program Expenses $21,438,710
Other Expenses $1,455,233
TOTAL EXPENSES $22,717,156

Year-over-Year Comparison

2024 2023 Change
Revenue $31,311,189 $33,010,069 -0.1%
Expenses $22,717,156 $21,522,794 +0.1%
Net Income $8,594,033 $11,487,275 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
17
Volunteers
110

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
6
$349,331
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT J COTTER CHAIR 6.00
Officer Director
$0 $0 $0
REBECCA REYNOLDS CPA FIRST VICE CHAIR 3.00
Officer Director
$0 $0 $0
EDWARD L MCCORMICK TREASURER 2.00
Officer Director
$0 $0 $0
ANITA RICE SECRETARY 2.00
Officer Director
$0 $0 $0
AZIZ AHSAN ESQ TRUSTEE 1.00
Director
$0 $0 $0
ASHLEY ALLEYNE MPS TRUSTEE 1.00
Director
$0 $0 $0
DARRELYN BRENNAN CFP TRUSTEE 1.00
Director
$0 $0 $0
ELEANOR CHARWAT TRUSTEE 1.00
Director
$0 $0 $0
YU-SHIN CHEN TRUSTEE 1.00
Director
$0 $0 $0
JOHN FINCH TRUSTEE 1.00
Director
$0 $0 $0
KEVIN HAMILTON TRUSTEE 1.00
Director
$0 $0 $0
MELISSA MANNA-WILLIAMS ESQ TRUSTEE 1.00
Director
$0 $0 $0
MELANIE MATERO TRUSTEE 1.00
Director
$0 $0 $0
MARGARET RUBIN ESQ TRUSTEE 1.00
Director
$0 $0 $0
MYRNA SAMETH TRUSTEE 1.00
Director
$0 $0 $0
RENDESIA SCOTT TRUSTEE 1.00
Director
$0 $0 $0
CHARLES SIMON CFP TRUSTEE 1.00
Director
$0 $0 $0
LAURA WASHINGTON PRESIDENT & CEO 37.50
Officer
$204,737 $13,107 $217,844
DARCY KELLY CFO 37.50
Officer
$112,166 $19,321 $131,487
CRISTIN MCPEAKE VICE PRESIDENT, PROGRAMS THRU 04/25 37.50
Highest
$107,985 $21,067 $129,052
KEVIN QUILTY VICE PRESIDENT, ULSTER 37.50
Highest
$104,807 $4,258 $109,065
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 $31,311,189 $22,717,156 $138,845,207 $8,594,033
2024 $33,010,069 $21,522,794 $121,751,054 $11,487,275
2023 $17,778,279 $12,634,695 $104,336,174 $5,143,584
2022 $20,607,422 $18,158,381 $96,104,226 $2,449,041
2021 $32,231,854 $12,422,931 $108,100,585 $19,808,923
2020 $16,751,479 $11,288,750 $76,848,247 $5,462,729
2019 $33,088,521 $28,911,236 $83,677,901 $4,177,285
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