HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP
507 WARREN STREET, HUDSON, NY 12534 www.hvadc.org

Total Revenue
$678,587
Total Expenses
$659,064
Net Assets
$336,729

Organizations Filed Purposes: THE PURPOSE OF THE ORGANIZATION IS TO DEVELOP, PROMOTE, ENHANCE, AND RETAIN THE AGRICULTURAL INDUSTRY AND ITS ASSOCIATED ECONOMIC AND ENVIRONMENTAL BENEFITS WITHIN NEW YORK'S HUDSON VALLEY. THE ORGANIZATION PROMOTES THE HUDSON VALLEY AS AN ATTRACTIVE, VIABLE REGION FOR AGRICULTURE THROUGH TECHNICAL ASSISTANCE, BUSINESS DEVELOPMENT SERVICES AND THE COORDINATION OF FINANCIAL AND OTHER RESOURCES.

AIDING THE RETENTION OF EXISTING AGRICULTURAL PRODUCERS AND PROCESSORS AND PROMOTING THE EXPANSION OF EXISTING FARM PRODUCTION.

Technical Assistance: HVADC technical assistance programs include the Incubator Without Walls (IWW), Farm and Food Funding Accelerator (FFFA), and Hudson Valley Bounty (HVB). These programs are designed to provide analysis and start-up assistance for new ventures and enterprises, to market expansion and improved distribution networks for existing agricultural and food businesses. HVADC provides the resources to access technical and professional service providers, project planning and development services, funding and capital access and feasibility analysis. As needs emerge, HVADC also presents timely topic specific instruction such as its Food Labeling workshop, Making It Happen financial analysis sessions and Local Lamb Lessons series on starting a sheep business. These public programs are open to all interested parties.

Access to Capital: In 2018, HVADC was designated as one of eight third-party lenders participating in the New York Job Development Authority's (JDA) Agriculture Loan Fund Program. With a focus on the Mid-Hudson and Capital regions, the HVADC loan program issues low interest loans between $50,000 and $200,000 to small agribusiness owners. In addition to the loan opportunity, HVADC is partnering with the Hudson Mohawk Resource Conservation and Development Council, Inc. (HMRC&D) to administer the Grown & Certified (G&C) Producer grant program in the Capital District Region. The G&C producer grants will be awarded for capital projects that will enable qualified agricultural producers to meet food safety standards necessary for participation in the program. Eligible agricultural producers can apply for up to 90% of their total project cost, not to exceed $50,000.

Food Security: HVADC is working on the issue of food security through the FeedHV program. FeedHV is a regional food rescue and gleaning network dedicated to meeting the needs of neighbors while mitigating food waste. Through a web-based and mobile application powered by ChowMatch, FeedHV links food donors of prepared but unserved food and fresh produce (including farms, restaurants, catering services, grocery stores, hospitals, universities, and more) to non-profit organizations with food assistance programs (such as food pantries, soup kitchens, and shelters) and a network of volunteers who transport, glean, and process donated food.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Todd ErlingEXECUTIVE DIRECTOR40$122,713
March GallagherDIRECTOR0.25$0
Eric OomsDIRECTOR0.25$0
David ChurchDIRECTOR0.25$0
Dennis DoyleDIRECTOR0.25$0
Ann FinneganTREASURER/SECRETARY0.25$0
Walter GariglianoVICE CHAIR0.25$0
Mark DoyleCHAIRMAN0.25$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202021189349300417_public.xml