Hudson Valley Technology Development Center Inc

Organization Overview

Hudson Valley Technology Development Center Inc is located in Newburgh, NY. The organization was established in 1988. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hudson Valley Technology Development Center 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 09/2022, Hudson Valley Technology Development Center Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $1.1m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

HVTDC AS A MANUFACTURING EXTENSION CENTER (MEP) ACCELERATES THE USAGE OF MANUFACTURING TECHNOLOGY BY CLIENT FIRMS BY PARTNERING WITH TECHNOLOGY PROVIDERS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,012,263
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $243,527
Total Revenue $1,255,790

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hudson Valley Technology Development Center Inc has recieved totaling $17,118.

Awarding OrganizationAmount
Fuzehub Inc

Albany, NY

PURPOSE: INNOVATION AWARD

$17,118
View Grant Recipient Profile

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