named programs · 2 · from sources
What they call their work
Community Economic Revitalization
Strategic initiatives aimed at local development and job creation, discussed in board meetings and annual planning agendas
Workforce Development and Training
Program focused on improving employment capabilities through training and job opportunity development for adults in the Hudson area
activities · 7 groups
What they do
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Neighborhood Revitalization Initiatives 2 activities
- Advocacy for downtown revitalization fundingPlayed a key role in securing a $10 million Downtown Revitalization Initiative (DRI) grant for the city of Hudson and collaborated with the DRI Local Planning Committee to develop the city’s revitalization plan and identify specific downtown improvement projects.
- Property development and revitalization projectsDevelops and manages urban improvement projects in Hudson, NY, including the redevelopment of properties such as the KAZ Warehouse and Washington Hose Firehouse, and participation in the Downtown Revitalization Initiative, which included the negotiation and sale of a 4.5-acre property. Also provided $150,000 for the renovation of an 1840s building to preserve a historic structure and house the Chamber of Commerce and HDC.
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Environmental Conservation Grantmaking 2 activities
- Ecological restoration and greening initiativesSupports ecological restoration and greening efforts in Hudson by serving as the official grant applicant for an Ecological Restoration Grant and managing related urban improvement projects.
- Fiscal sponsorship for community initiativesProvides fiscal sponsorship for community initiatives in Hudson, NY, including Hudson Run, Oakdale Plunge, Hudson Open Studios, and the Conservation Advisory Council, enabling them to receive tax-deductible donations and manage funds.
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Neighborhood Civic Engagement 1 activity
- Community conversation and idea forum seriesConvenes a public conversation series called The Hudson Big Think to explore and generate ideas for shaping Hudson's future economy.
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Community Festival & Event Production 1 activity
- Community events and public programmingOrganizes and hosts community events in Hudson, NY, including Free Movie Night, Winter Walk, and a free outdoor screening of KING KONG (1976) with food vendors and free admission, to foster community engagement.
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Benefit Events for Arts and Culture 1 activity
- Funding for community eventsFunds the hiring of an event producer to organize an annual community event that attracted over 4,000 visitors in December 2023, supporting large-scale public engagement.
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Workforce Readiness Training 1 activity
- Job training and employment support servicesProvides job training and employment support services aimed at improving individuals' employment capabilities.
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Regional Economic Development Initiatives 1 activity
- Local business development and economic promotionCreates and promotes local business development in Hudson, NY, to generate employment and strengthen the city's tax base, supporting projects that promote business investment and strengthen Hudson's economic future.
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financials · form 990 · fy2024
revenue
Total revenue$133K
Contributions & grants$31K23%
Program service revenue$00%
Investment income$102K77%
Other revenue$0
expenses
Total expenses$251K
Program expenses12%
Admin / overhead88%
Fundraising0%
Salaries & benefits$0
Grants paid out$23K
Largest expense lineProfessional Fees
balance sheet
Total assets$2.97M
Cash$151K
Investments$2.52M
Liabilities$159K
Net assets$2.81M
Liquid reserves127.8 mo
4 years on record · 2020–2024 · YoY revenue -93.7%
leadership · form 990 part vii · fy2024
Who runs it
board members · 12
- BRITT ZUCKERMAN — DIRECTOR
- CHRISTINE JONES — PRESIDENT
- JOHN FRIEDMAN — DIRECTOR
- KAMAL JOHNSON — DIRECTOR, EX OFFICIO
- KRISTAN KECK — DIRECTOR
- MARSHA LANE — DIRECTOR
- NICK HADDAD — VICE PRESIDENT
- PAUL BARRETT — SECRETARY
- PAUL COLARUSSO — DIRECTOR
- PHIL FORMAN — TREASURER
- SETH ROGOVOY — DIRECTOR
- TOM DEPIETRO — DIRECTOR, EX OFFICIO
relationships · 10
Who they work with
- Chamber of Commerce Partner — Jointly occupies the renovated Washington Hose Firehouse building.
- Conservation Advisory Council Partner — Fiscally sponsored by Hudson Development Corporation to support environmental advisory functions for the city.
- Downtown Revitalization Initiative Government — Partnered with DRI to advance downtown revitalization through property sale.
- Event Producer Partner — Hired to organize the annual Winter Walk event.
- Hudson Development Corporation Network — Accepts applications for funding or partnership from individuals, businesses, and organizations.
- Hudson Open Studios Partner — Fiscally sponsored by Hudson Development Corporation to support local arts programming.
- Hudson Open Studios Partner — Hudson Development Corporation serves as the fiscal sponsor for Hudson Open Studios.
- New York State Department of State Government — Recognized HDC for its role in the DRI planning process.
- Partners for Climate Action Funder — Distributed the Ecological Restoration Grant for which HDC served as official applicant.
- Story Screen Partner — Collaborates to present outdoor film screenings with Hudson Development Corporation.
strategies · 4
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.
- Collaborative Local Planning for High-Impact Developmentmethodology: collaborative_local_planningBy engaging government and community stakeholders in joint planning processes, the organization identifies and prioritizes high-impact revitalization projects, because inclusive decision-making leads to more sustainable, equitable, and widely supported economic development outcomes.
- Downtown Revitalization Through Strategic Property Dispositionmethodology: downtown_revitalizationBy selling strategically selected properties to developers who commit to mixed-use development, the organization stimulates private investment that revitalizes downtown areas, increases community services, and expands housing options, because targeted public asset transfer can catalyze equitable urban renewal.
- Economic Development Through Workforce and Local Investmentmethodology: economic_developmentBy supporting workforce development, youth apprenticeships, and local business investment, the organization strengthens the local economy and improves employment opportunities, because integrated human capital and business growth strategies compound economic resilience and community desirability.
- Fiscal Sponsorship to Amplify Community-Led Initiativesmethodology: fiscal_sponsorshipBy providing fiscal sponsorship to local arts and community events, the organization enables grassroots initiatives to access funding and operate formally, because lowering administrative barriers empowers community-driven cultural and economic development.