Historic Hudson Valley

Historic Hudson Valley maintains strong assets despite fluctuating revenues and no reported officer compensation.

EIN: 131692606 · Tarrytown, NY · NTEE: A800 · Updated: 2026-03-28

$43.5MRevenue

$79.1MAssets

75/100Mission Score (Good)

A800

About Historic Hudson Valley

Historic Hudson Valley (EIN: 131692606) is a nonprofit organization based in Tarrytown, NY, classified under NTEE code A800. The organization reported total revenue of $43.5M and total assets of $79.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic Hudson Valley's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Historic Hudson Valley demonstrates a generally stable financial position with significant assets. Over the past several years, the organization has experienced fluctuations in revenue, with a notable peak of $19,006,453 in 2021 and a more recent decline to $12,021,092 in 2023. Expenses have consistently been in the range of $11-17 million annually. The organization's asset base has remained robust, consistently above $75 million, indicating strong long-term financial stability. The absence of reported officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under different categories, which warrants further investigation for full transparency.

While the provided data doesn't offer a detailed breakdown of program, administrative, and fundraising expenses, the overall financial health appears sound, supported by substantial assets relative to annual expenses. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory compliance and transparency in reporting financial activities. However, without a detailed functional expense breakdown, it's challenging to fully assess spending efficiency, particularly the ratio of program spending to overhead.

Further analysis would benefit from a deeper dive into the specific line items of expenses to understand the allocation towards its mission-related programs versus administrative and fundraising costs. The consistent reporting of zero officer compensation is an unusual data point for an organization of this size and could be a strength if truly volunteer-led, or a potential area for clarification if compensation is simply categorized differently.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Historic Hudson Valley with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Historic Hudson Valley allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with annual expenses exceeding $10 million. This suggests either a fully volunteer executive leadership or that executive compensation is reported under other expense categories, requiring further scrutiny for clarity.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Historic Hudson Valley's IRS 990 filings:

Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation.
Expenses ($17,512,086 in 2023) exceeded revenue ($12,021,092 in 2023) in the latest filing period, indicating an operating deficit.

Strengths

The following positive indicators were identified for Historic Hudson Valley:

Strong and consistent asset base, with assets of $77,675,977 in 2023, indicating long-term financial stability.
Long history of consistent IRS 990 filings (13 filings), demonstrating commitment to regulatory compliance and transparency.
Significant total assets ($79,130,673) relative to annual expenses, providing a substantial financial cushion.

Frequently Asked Questions about Historic Hudson Valley

Is Historic Hudson Valley a good charity?

Based on its consistent financial reporting, substantial asset base ($77,675,977 in 2023), and long history of operations, Historic Hudson Valley appears to be a financially stable organization. However, without a detailed breakdown of program spending versus administrative and fundraising costs, and clarification on the zero reported officer compensation, a full assessment of its 'goodness' in terms of efficiency and transparency is limited.

Why is officer compensation reported as 0% across all filings?

The consistent reporting of 0% officer compensation is a significant anomaly for an organization of this size. This could mean that executive leadership is entirely volunteer-based, or that compensation for key executives is categorized under other expense lines, such as 'salaries and wages' for non-officer staff, which would require a deeper look into the full 990 forms to clarify.

How does Historic Hudson Valley's program spending compare to its overhead?

The provided summary data does not offer a detailed functional expense breakdown (program, admin, fundraising). To assess program spending efficiency, one would need to examine the full IRS 990 forms for specific line items related to program service expenses versus management and general, and fundraising expenses.

Filing History

IRS 990 filing history for Historic Hudson Valley showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Historic Hudson Valley's revenue has grown by 97.5%, moving from $6.1M to $12.0M. Total assets decreased by 8.4% over the same period, from $84.8M to $77.7M. Total functional expenses rose by 74%, from $10.1M to $17.5M. In its most recent filing year (2023), Historic Hudson Valley reported a deficit of $5.5M, with expenses exceeding revenue. The organization holds $6.6M in liabilities against $77.7M in assets (debt-to-asset ratio: 8.5%), resulting in net assets of $71.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$12.0M	$17.5M	$77.7M	$6.6M	—	View 990
2022	$13.3M	$16.1M	$77.3M	$7.0M	—	View 990
2021	$19.0M	$13.4M	$88.4M	$7.0M	—	View 990
2020	$11.4M	$13.7M	$84.2M	$8.9M	—	View 990
2019	$13.3M	$13.9M	$82.4M	$8.3M	—	View 990
2018	$13.1M	$12.7M	$78.9M	$8.1M	—	View 990
2017	$11.6M	$11.9M	$84.8M	$8.7M	—	View 990
2016	$17.7M	$12.1M	$81.8M	$8.5M	—	View 990
2015	$9.7M	$11.4M	$75.7M	$8.6M	—	View 990
2014	$10.3M	$11.3M	$80.4M	$8.7M	—	View 990
2013	$14.0M	$10.1M	$81.7M	$8.0M	—	View 990
2012	$9.3M	$11.7M	$82.4M	$8.9M	—	View 990
2011	$6.1M	$10.1M	$84.8M	$9.0M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $12.0M, expenses of $17.5M, and assets of $77.7M (revenue -9.3% year-over-year).
2022: Revenue of $13.3M, expenses of $16.1M, and assets of $77.3M (revenue -30.3% year-over-year).
2021: Revenue of $19.0M, expenses of $13.4M, and assets of $88.4M (revenue +66.5% year-over-year).
2020: Revenue of $11.4M, expenses of $13.7M, and assets of $84.2M (revenue -14.2% year-over-year).
2019: Revenue of $13.3M, expenses of $13.9M, and assets of $82.4M (revenue +1.6% year-over-year).
2018: Revenue of $13.1M, expenses of $12.7M, and assets of $78.9M (revenue +12.8% year-over-year).
2017: Revenue of $11.6M, expenses of $11.9M, and assets of $84.8M (revenue -34.4% year-over-year).
2016: Revenue of $17.7M, expenses of $12.1M, and assets of $81.8M (revenue +83.2% year-over-year).
2015: Revenue of $9.7M, expenses of $11.4M, and assets of $75.7M (revenue -6.5% year-over-year).
2014: Revenue of $10.3M, expenses of $11.3M, and assets of $80.4M (revenue -26.4% year-over-year).
2013: Revenue of $14.0M, expenses of $10.1M, and assets of $81.7M (revenue +50.7% year-over-year).
2012: Revenue of $9.3M, expenses of $11.7M, and assets of $82.4M (revenue +53.0% year-over-year).
2011: Revenue of $6.1M, expenses of $10.1M, and assets of $84.8M.

Data Sources and Methodology

This transparency report for Historic Hudson Valley is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.