GREATER HUDSON PROMISE NEIGHBORHOO… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

JOAN HUNT

Phone

5189297732

Tax Period

2024-01-01 to 2024-12-31

GREATER HUDSON PROMISE NEIGHBORHOOD INC, founded in 2018, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THE GREATER HUDSON PROMISE NEIGHBORHOOD WORKS TO STRENGTHEN OUR COMMUNITY AND SUPPORT CHILDREN AND FAMILIES TO REACH THEIR POTENTIAL FROM CRADLE TO CAREER. EVERY FAMILY IN THE COMMUNITY IS SUIPPORTED AND GIVEN THE OPPORTUNITY TO GROW, LEARN AND THRIVE.

Program Service Accomplishments

Program 1

Expenses: $139,004

EARLY LEARNING LITERACY NETWORK: THE EARLY LEARNING AND LITERACY NETWORK OF COLUMBIA COUNTY IS A COLLABORATIVE NETWORK FOCUSED ON EARLY LITERACY AND EARLY CHILDHOOD DEVELOPMENT. IT ALSO INCLUDES...

EARLY LEARNING LITERACY NETWORK: THE EARLY LEARNING AND LITERACY NETWORK OF COLUMBIA COUNTY IS A COLLABORATIVE NETWORK FOCUSED ON EARLY LITERACY AND EARLY CHILDHOOD DEVELOPMENT. IT ALSO INCLUDES EARLY LEARNING PROGRAMS SERVING CHILDREN 0-5 ACROSS COLUMBIA COUNTY.

Program 2

Expenses: $776,609

HUDSONUP: HUDSONUP IS THE FIRST SMALL-CITY UNIVERSAL BASIC INCOME PILOT IN THE US AND THE LONGEST RUNNING AT 5 YEARS. THE PILOT PROVIDES DIRECT CASH ASSISTANCE TO 128 CITY OF HUDSON RESIDENTS. THE...

HUDSONUP: HUDSONUP IS THE FIRST SMALL-CITY UNIVERSAL BASIC INCOME PILOT IN THE US AND THE LONGEST RUNNING AT 5 YEARS. THE PILOT PROVIDES DIRECT CASH ASSISTANCE TO 128 CITY OF HUDSON RESIDENTS. THE ORGANIZATION CURRENTLY ADMINISTERS THE 1ST, 2ND AND 3RD COHORTS OF HUDSONUP, DISTRIBUTING $500 A MONTH TO 128 PARTICIPANTS.

Program 3

Expenses: $280,043

EMERGENCY ASSISTANCE/FAMILY SUPPORT: ASSISTING FAMILIES IN NEED IN THE HUDSON AREA WITH SUPPORT TO MEET THEIR MOST BASIC NEEDS. THIS INCLUDES SUPPORT WITH RENT, FOOD, MEDICAL SUPPLIES, AND OTHER...

EMERGENCY ASSISTANCE/FAMILY SUPPORT: ASSISTING FAMILIES IN NEED IN THE HUDSON AREA WITH SUPPORT TO MEET THEIR MOST BASIC NEEDS. THIS INCLUDES SUPPORT WITH RENT, FOOD, MEDICAL SUPPLIES, AND OTHER ESSENTIAL NEEDS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,310,300

Program Service Revenue $0

Investment Income $2,874

Other Revenue $12,827

TOTAL REVENUE $2,326,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $809,101

Fundraising Expenses $3,358

Program Expenses $1,997,977

Other Expenses $1,722,750

TOTAL EXPENSES $2,531,851

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,326,001	$2,074,447	+0.1%
Expenses	$2,531,851	$1,802,020	+0.4%
Net Income	$-205,850	$272,427	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$80,802

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM DEPIETRO	BOARD CHAIR	2.00	Director	$0	$0	$0
KARI SIDDIQUI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LINDA FRIEDNER	TREASURER	2.00	Officer Director	$0	$0	$0
KAMAL JOHNSON	BOARD MEMBER	2.00	Director	$0	$0	$0
ALEX CHEVALIER	PRESIDENT	2.00	Officer Director	$0	$0	$0
MELL MEUS	BOARD MEMBER	2.00	Director	$0	$0	$0
SAMIA KHAN	BOARD MEMBER	2.00	Director	$0	$0	$0
KYLAH CAMPETA	SECRETARY	2.00	Officer Director	$0	$0	$0
DAMARIS SHAKESPHERE	BOARD MEMBER	2.00	Director	$0	$0	$0
JOAN HUNT	EXECUTIVE DIRECTOR	40.00	Officer	$80,802	$0	$80,802

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
2024	$2,326,001	$2,531,851	$530,267	$-205,850
2024	$2,326,001	$2,531,851	$530,267	$-205,850
2024	No data	No data	No data	No data
2023	$2,074,447	$1,802,020	$769,294	$272,427
2022	$1,563,742	$1,488,482	$396,695	$75,260
2021	$691,680	$530,112	$330,251	$161,568

GREATER HUDSON PROMISE NEIGHBORHOOD INC