COMMUNITY FOUNDATIONS OF THE HUDSO… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

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 COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY STRENGTHENS OUR COMMUNITY BY OFFERING DONORS THE MEANS TO ESTABLISH CHARITABLE LEGACIES, BY MAKING GRANTS, AND BY PROVIDING LEADERSHIP TO ADDRESS COMMUNITY NEEDS IN A MANNER THAT IS RESPONSIBLE, RESPONSIVE AND LASTING.

Program Service Accomplishments

Program 1

Expenses: $20,662,624 Revenue: $227,928

GRANT-MAKING: GRANTS FROM CHARITABLE FUNDS TO MEET COMMUNITY NEEDS AND IN KEEPING WITH DONORS' INTENT. OVER $20 MILLION DOLLARS WAS GRANTED FOR HEALTH AND HUMAN SERVICES, ARTS AND CULTURE, COMMUNITY IMPROVEMENT, YOUTH DEVELOPMENT, EDUCATION AND SCHOLARSHIPS, ANIMAL WELFARE, AND FAITH-BASED ORGANIZATIONS' CHARITABLE ACTIVITIES.

Program 2

Expenses: $695,244 Revenue: $0

DONOR RELATIONS: WORKING WITH DONORS TO CONNECT THEM TO THE CAUSES THEY CARE ABOUT MOST. INTRODUCING DONORS TO PROGRAMS AND AGENCIES THAT MATCH THEIR CHARITABLE INTERESTS. ACTIVITIES INCLUDE RESEARCH AND WORKSHOPS, HELPING DONORS ESTABLISH FUNDS AND LEGACY PLANS, AND ANSWERING QUESTIONS ABOUT CHARITABLE GIVING.

Program 3

Expenses: $80,842 Revenue: $0

NONPROFIT TECHNICAL ASSISTANCE: OFFERING SEMINARS AND WORKSHOPS, BOARD AND STAFF GUIDANCE ABOUT MANAGING NONPROFITS INCLUDING BOARD GOVERNANCE, FINANCIAL MANAGEMENT, COMPLIANCE, USING DATA TO IMPROVE PROGRAMS AND FUNDRAISING, ENDOWMENT, CREATING AND IMPLEMENTING PLANNED GIVING PROGRAMS, AND GRANT-WRITING.

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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%)

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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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$349,331

Total Directors

Key Employees

Highest Compensated

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

COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY INC