irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $1.19MACCESS 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 BUSINESS OWNERS; INCREASE THE AVAILABILITY OF CREDIT, INVESTMENT CAPITAL AND FINANCIAL PRODUCTS AND SERVICES TO SUCH LOW-INCOME COMMUNITIES AND TO PEOPLE WHO LACK ACCESS TO FINANCING TO STIMULATE AND PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT IN ECONOMICALLY DEPRESSED AND DISTRESSED URBAN AND RURAL COMMUNITIES IN THE STATE OF NEW YORK, PARTICULARLY IN THE HUDSON VALLEY REGION AND THOSE UNDERSERVED BY TRADITIONAL FINANCIAL INSTITUTIONS. 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.
- #2 $127KFOOD 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.
activities · 7 groups
What they do
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Smallholder Agricultural Development 3 activities
- Provide business technical assistance to agricultural enterprisesOffers one-on-one business technical assistance (BTA) and comprehensive support services including business planning, strategic planning, marketing, land access, grant writing, financial planning, and market readiness to over 290 agricultural businesses annually through programs such as the Incubator Without Walls and the Farm and Food Funding Accelerator.
- Publish educational resources for farm and food business financial healthPublishes articles and educational materials to help farms and food producers improve the financial health and sustainability of their businesses.
- Support agricultural start-ups and market expansionProvides analysis, start-up assistance, feasibility studies, project planning, and support for market expansion and improved distribution networks for new and existing agricultural businesses in the Hudson Valley.
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Local Food Systems Development 2 activities
- Advocate for regional agricultural sustainability policyServed as co-chair of the Agriculture and Foodshed working group for the Mid-Hudson Regional Sustainability Plan, engaging agricultural producers and businesses to inform regional sustainability and food systems policy.
- Manage federal grant implementation for farm-to-school programsPartnered with Poughkeepsie City School District and others to secure and administer a USDA Farm to School grant, managing project implementation and supporting the procurement of local produce for school meals.
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Small Business and Nonprofit Lending 2 activities
- Deliver financial literacy and microloan programs for minority agribusinessesOffers the BIPOC Microloan Accelerator, which provides financial literacy training and microloan access to up to 12 minority agribusiness entrepreneurs in the Hudson Valley.
- Provide loans and alternative financing to agribusinessesProvides low-interest loans ranging from $50,000 to $200,000 and alternative credit instruments to farm and food enterprises in economically disadvantaged communities across the Hudson Valley and Capital regions, including through a $10 million state-funded loan program, to improve capital access for businesses unable to secure financing through traditional institutions.
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Agricultural Grantmaking and Funding Programs 1 activity
- Administer agribusiness grant programsAdministers grant programs for farms and food businesses in New York State on behalf of state, regional, federal, and county agencies, including the Grown & Certified Producer Grant Program, which awards grants of up to 90% of project costs (capped at $50,000) to help producers meet food safety standards.
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Local Food Market Operation 1 activity
- Expand business networks and market connections for regional producersOperates a searchable online database and marketing initiative (Hudson Valley Bounty) that connects agricultural producers, culinary businesses, and consumers across the Hudson Valley and beyond, from New York City to the Canadian border, offering free marketing listings for farms, farmers' markets, U-Pick operations, and restaurants.
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Food Distribution and Hunger Relief 1 activity
- Operate regional food rescue and gleaning networkOperates FEEDHV, a technology-enabled food rescue and gleaning network that rescues and redistributes viable food to nonprofit food assistance programs across seven counties in the Hudson Valley, connecting food donors with food providers and volunteer transporters to reduce food waste and improve food access.
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Uncategorized 1 activity
- Conduct research to support sustainable agricultural financingConducted research proposing a carbon credit market model in which nonprofit entities acquire and retire greenhouse gas emission rights, then resell fractional credits to fund farmer assistance programs, and supported research for the Hudson Valley Food Hubs Initiative through stakeholder engagement and project scoping.
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financials · form 990 · fy2024
revenue
Total revenue$2.75M
Contributions & grants$2.17M79%
Program service revenue$333K12%
Investment income$4K0%
Other revenue$249K
expenses
Total expenses$2.01M
Program expenses86%
Admin / overhead11%
Fundraising2%
Salaries & benefits$640K
Grants paid out$819K
Largest expense lineCompensation
balance sheet
Total assets$3.72M
Cash$1.99M
Investments$0
Liabilities$1.98M
Net assets$1.74M
Liquid reserves11.9 mo
5 years on record · 2020–2024 · YoY revenue +130.7%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| TODD ERLING | EXECUTIVE DIRECTOR | 40 | $209K |
board members · 5
- ANN FINNEGAN — TREASURER/SECRETARY
- DENNIS DOYLE — DIRECTOR
- ERIC OOMS — DIRECTOR
- MARK DOYLE — PRESIDENT
- WALTER GARIGLIANO — VICE PRESIDENT
relationships · 39
Who they work with
- A. Ooms & Sons Dairy Partner — Linked through board membership with Eric Ooms as owner and operator.
- Ascienzio Family Foundation Funder — Funder of the FeedHV network.
- Chowmatch Partner — Provides the web-based and mobile application platform powering the FEEDHV food rescue network.
- Community Foundations of the Hudson Valley Partner — Supports the FeedHV network through funding and partnership.
- Cornell Cooperative Extension Partner — Collaborates with HVADC to support farmers through information sharing and business development resources.
- Cornell Small Farms Program Partner — Collaborates on offering online courses and webinars for farmers
- Dairy Funding Accelerator Program Partner — Collaborates on providing business technical assistance to dairy farms across multiple states.
- Dutchess County IDA Partner — Works with HVADC to expand services for agricultural businesses in the region.
- Farm and Food Funding Accelerator Partner — Partners to support agribusinesses in accessing capital and market opportunities.
- FeedHV Partner — Regional food rescue and harvesting network operated by HVADC to reduce food waste and support food-insecure neighbors.
- Fishkill Farms Partner — Connected through board membership with Mark Doyle serving as General Manager.
- Foster Supply Hospitality Partner — Connected through board membership with Kirsten Harlow Foster as co-founder.
- Garigliano Law Offices Partner — Connected through board membership with Walter Garigliano as partner.
- HVADC consultants Partner — Consultants contribute articles and provide expertise in agribusiness planning, financial health, law, marketing, grant writing, financing, and technology.
- Hudson Mohawk Resource Conservation and Development Council, Inc. Partner — Partner in administering the Grown & Certified Producer Grant Program.
- Hudson Valley Bounty Partner — Hudson Valley Bounty is a project of HUDSON VALLEY AGRI-BUSINESS DEVELOPMENT CORP focused on farm and food marketing.
- Hudson Valley Bounty Partner — Marketing initiative managed by HVADC to connect consumers with regional agricultural products and producers.
- Hudson Valley Pattern for Progress Partner — Collaborated on USDA Farm to School grant and Hudson Valley Food Hubs Initiative.
- Incubator without Walls Partner — Flagship program providing decentralized support to agricultural businesses across the region.
- Local Economies Project Partner — Supports the FeedHV network as a partner organization.
- Louis Greenspan Charitable Trust Funder — Funder of the FeedHV network.
- Mother Cabrini Health Foundation Funder — Funder of the FeedHV network.
- National Development Council Partner — Collaborates through board membership with Ann Finnegan serving as East Team Director/President of Community Impact Loan Fund.
- New York Job Development Authority Government — Designated HVADC as a third-party lender in the Agriculture Loan Fund Program.
- New York State Government — Established a $10 million fund administered by HVADC to support local agribusinesses
- New York State Government — Reference to unmet demand for locally produced food and beverage in NYS indicates engagement with state-level agricultural market dynamics
- NoVo Foundation Funder — Funder of the FeedHV network.
- Poughkeepsie City School District Partner — Partnered on USDA Farm to School grant initiative for local produce procurement and student education.
- Poughkeepsie Farm Project Partner — Partnered on USDA Farm to School grant program.
- Ralph E. Ogden Foundation Funder — Funder of the FeedHV network.
+ 9 more
strategies · 5
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Entrepreneurial Training with Peer Networkingmethodology: entrepreneurial-training-with-peer-networkingBy combining entrepreneurial training with peer learning networks, the organization fosters innovation and financial diversification in agribusinesses because peer-driven knowledge exchange enhances problem-solving and resilience more effectively than top-down instruction alone.
- Incubator Without Walls Modelmethodology: incubator-without-wallsBy delivering business technical assistance through a decentralized, non-facility-based model, the organization increases access to support services for geographically dispersed agribusinesses because removing physical infrastructure barriers enables broader participation and scalability.
- Market-Based Development for Agricultural Growthmethodology: market-based developmentBy applying market-based solutions—including promotion, financial support, and market participation strategies—the organization stimulates agricultural entrepreneurship and rural economic growth because aligning economic incentives with local food systems drives sustainable business development.
- Targeted Financial Inclusion for Underserved Producersmethodology: targeted financial inclusionBy prioritizing alternative credit access for African American and Hispanic-owned agribusinesses in low-income areas, the organization increases capital equity and business survival rates because targeted financial inclusion addresses systemic lending disparities in agriculture.
- Technology-Enabled Food Rescue and Coordinationmethodology: technology-enabled coordinationBy using digital platforms to coordinate food recovery and connect donors with food assistance organizations, the organization reduces food waste and increases food access because technology improves matching efficiency across fragmented supply chains.