Hudson River Foundation For Science And Environmental Research Inc
- Assets
- $44.1m
- Revenue
- $1.7m
- Investments
- $38.7m
- Employees
- 15
- Location
- New York, NY
- Founding
- 12/1981
- Data as of
- 12/2020
- EIN
- 13-3089956
Organization Overview
Hudson River Foundation For Science And Environmental Research Inc is located in New York, NY. The organization was established in 1981. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2021, Hudson River Foundation For Science And Environmental Research Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hudson River Foundation For Science And Environmental Research Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Hudson River Foundation For Science And Environmental Research Inc generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $3.8m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hudson River Foundation For Science And Environmental Research Inc has awarded 174 individual grants totaling $7,908,962. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
MAKES SCIENCE INTEGRAL TO DECISION MAKING & STEWARDSHIP FOR THE HUDSON RIVER (SEE SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE FOUNDATION IS PURSUED THROUGH SUPPORT OF SCIENTIFIC RESEARCH; COMMUNICATION TO EXPAND KNOWLEDGE ABOUT THE HUDSON RIVER AMONG THE SCIENTIFIC COMMUNITY POLICY MAKERS, AND THE PUBLIC AT LARGE; INITIATIVES TO ENHANCE MANAGEMENT OF THE HUDSON ECOSYSTEM; AND EDUCATION ABOUT THE HUDSON RIVER AND PHYSICAL IMPROVEMENTS TO THE RIVERFRONT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay Hiles Vice Executive Director | Officer | 35 | $336,824 |
Jonathan Kramer Executive Director | Officer | 35 | $203,708 |
Robert Pirani Nj/ny Hep Director | 35 | $183,594 | |
James Lodge Project/grant Coordinator | 35 | $163,712 | |
Helena Andreyko Administrator | 35 | $125,009 | |
Carl Marchese Controller | Officer | 35 | $124,511 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,578,819 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,457 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,598,276 |
| Total Program Service Revenue | $0 |
| Investment income | -$94,269 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,711,986 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $686,415 |
| Grants and other assistance to domestic individuals. | $108,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $518,427 |
| Compensation of current officers, directors, key employees. | $173,569 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $906,295 |
| Pension plan accruals and contributions | $67,608 |
| Other employee benefits | $190,058 |
| Payroll taxes | $78,745 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,223 |
| Fees for services: Accounting | $68,026 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $689,017 |
| Advertising and promotion | $0 |
| Office expenses | $95,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $272,637 |
| Travel | $7,700 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,465 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,762,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,169,013 |
| Savings and temporary cash investments | $1,000,000 |
| Pledges and grants receivable | $1,242,082 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $65,711 |
| Net Land, buildings, and equipment | $15,071 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $38,652,356 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $44,144,233 |
| Accounts payable and accrued expenses | $1,365,359 |
| Grants payable | $2,438,214 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $232,758 |
| Other liabilities | $79,806 |
| Total liabilities | $4,116,137 |
| Net assets without donor restrictions | $38,021,748 |
| Net assets with donor restrictions | $2,006,348 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $44,144,233 |
Grants Awarded
Over the last fiscal year, Hudson River Foundation For Science And Environmental Research Inc has awarded $175,776 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
US GEOLOGICAL SURVEY PURPOSE: RESOURCE/KEY SPECIES | $49,738 |
Ithaca, NY PURPOSE: RESOURCE/KEY SPECIES | $49,560 |
Albany, NY PURPOSE: TOXIC SUBSTANCES | $47,296 |
Annandaleonhudson, NY PURPOSE: RESOURCES/KEY SPECIES | $29,182 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hudson River Foundation For Science And Environmental Research Inc has recieved totaling $35,807.
| Awarding Organization | Amount |
|---|---|
Restore Americas Estuaries Arlington, VA PURPOSE: COMMUNITY BASED COASTAL HABITAT RESTORATION | $35,807 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catskill Watershed Corporation Arkville, NY | $166,890,312 | $18,353,633 |
Scenic Hudson Inc poughkeepsie, NY | $38,136,273 | $14,869,807 |
Safe Water Network New York, NY | $11,807,774 | $8,506,828 |
Earth Conservancy Ashley, PA | $31,704,256 | $2,874,276 |
Buffalo Niagara Waterkeeper Inc Buffalo, NY | $12,074,005 | $5,933,047 |
Riverkeeper Inc Ossining, NY | $3,555,297 | $4,414,432 |
Buzzards Bay Coalition Inc New Bedford, MA | $35,427,271 | $10,789,245 |
Hudson River Foundation For Science And Environmental Research Inc New York, NY | $44,144,233 | $1,711,986 |
Delaware Bay And River Cooperative Inc Linwood, PA | $4,814,583 | $3,275,578 |
Renew Oceans Inc Brooklyn, NY | $0 | $303,111 |
Connecticut River Watershed Council Inc Greenfield, MA | $5,295,847 | $3,497,811 |
Charles River Transportation Management Association Cambridge, MA | $5,311,502 | $3,433,111 |