EIN 20-3579392

The Hudson Valley Center for Innovation

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2005
Most recent tax filings
2022-12-01
NTEE code, primary
Description
HVCI empowers business growth through advisement, education, and entrepreneurship programs. Located in White Plains, NY.
Total revenues
$428,889
2022
Total expenses
$539,308
2022
Total assets
$205,653
2022
Num. employees
1
2022

Program areas at The Hudson Valley Center for Innovation

Westchester County Launch1000 - This program is designed to help residents evaluate an idea for a new venture, test it with potential customers, and see if it seems likely to succeed. Over 365 Westchester residents have completed this free entrepreneurial training program and most have launched their ventures, including for-profit businesses, social enterprises and non-profit organizations.
Empire State Development NYSTAR -- HVCI led the Mid-Hudson Certified Business Incubator (CBI) program providing entrepreneur and small business training programs through workforce development projects, business owner education cohort, and community development initiatives and programming. In partnership with regional government, corporate, nonprofit, education, and investment stakeholders, HVCI executed workshop, cohort, and one-on-one instruction, training, coaching, and advisory services to students, startup founders, small business owners, nonprofit executives, and other entrepreneurial clients and partners.
Dutchess County Gears - This Program is offered free to small businesses and is designed for startups and small businesses to grow their operations. HVCI provided a series of workshops featuring different topics with strategic insights on ways to elevate and grow their business.

Personnel at The Hudson Valley Center for Innovation

NameTitleCompensation
Dan PotockiBoard Member$47,316
Hugh SchwartzExecutive Chairman and Chief Executive Officer$60,000
Paul MunguiaHead of Programs
Daniel PotockiPast Chief Executive Officer and Managing Director$81,344

Financials for The Hudson Valley Center for Innovation

RevenuesFYE 12/2022
Total grants, contributions, etc.$419,967
Program services$8,922
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income
Net gain from sale of non-inventory assets
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$428,889

Form 990s for The Hudson Valley Center for Innovation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-19990View PDF
2021-122022-10-24990View PDF
2020-122022-06-28990View PDF
2017-122018-09-12990View PDF
2016-122017-09-11990View PDF
...and 9 more Form 990s

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Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 31, 2023
Updated personnel
Identified 5 new personnel
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donations
General information
Address
169 Mamaroneck Ave 2nd Flste 12
White Plains, NY 10601
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
hvci.org/ 
Phone
(917) 969-2502
IRS details
EIN
20-3579392
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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