Hudson Valley Federal Credit Union
Hudson Valley Federal Credit Union shows strong asset and revenue growth, with 0% officer compensation reported on 990s.
EIN: 141471439 · Poughkeepsie, NY · NTEE: W61 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $424.7M |
| Total Expenses | $311.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7.45 |
| Net Assets | $432.4M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Hudson Valley Federal Credit Union Form 990, Revenue, CEO Pay, and IRS Filing Signals
Hudson Valley Federal Credit Union is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hudson Valley Federal Credit Union in one place.
Form 990 Filing Summary
2 filing years are available, with latest revenue of $314.7M and expenses of $311.9M.
Revenue and Expenses
Hudson Valley Federal Credit Union reported $314.7M in revenue and $311.9M in expenses, a surplus of $2.8M.
Executive Compensation
Top officer compensation appears as $7.45 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Hudson Valley Federal Credit Union Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $265.1M (85%) |
Across stored filings, Hudson Valley Federal Credit Union shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Limited filing record; 1 red flag identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 2 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Category W context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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All Category W
Local and Sector Spokes
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Poughkeepsie, NY nonprofitsCategory W in New York
Public Benefit in New York
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Hudson Valley Federal Credit Union directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hudson Valley Federal Credit Union
Hudson Valley Federal Credit Union (EIN: 141471439) is a nonprofit organization based in Poughkeepsie, NY, classified under NTEE code W61. The organization reported total revenue of $424.7M and total assets of $7.5B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hudson Valley Federal Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hudson Valley Federal Credit Union is a major nonprofit that has been operating for 2 years, with 2 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $314.7M |
| Total Expenses | $311.9M |
| Surplus / Deficit | +$2.8M |
| Total Assets | $7.1B |
| Total Liabilities | $6.6B |
| Net Assets | $432.4M |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 93.9% |
| Months of Reserves | 271.8 months |
Financial Health Grade: A
In 2023, Hudson Valley Federal Credit Union reported a surplus of $2.8M with revenue exceeding expenses, holds 271.8 months of operating reserves (strong position), has a debt-to-asset ratio of 93.9% (high leverage).
Financial Trends
Over 2 years of filings (2021–2023), Hudson Valley Federal Credit Union's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.2% | +96.4% | +9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hudson Valley Federal Credit Union with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hudson Valley Federal Credit Union allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 93.9%.
Executive Compensation Analysis
The IRS 990 filings for Hudson Valley Federal Credit Union consistently report 0% officer compensation. This is unusual for an organization of its size ($7.45 billion in assets, $424.7 million in revenue) and suggests that executive compensation is either reported differently due to its credit union structure or is exceptionally low, which would be a positive indicator of resource allocation.
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 Hudson Valley Federal Credit Union's IRS 990 filings:
- Lack of detailed executive compensation on 990 forms for an organization of this size.
Strengths
The following positive indicators were identified for Hudson Valley Federal Credit Union:
- Significant asset growth from $6.47 billion in 2021 to $7.45 billion currently.
- Strong revenue growth from $255.4 million in 2021 to $424.7 million currently.
- Consistent reporting of 0% officer compensation on 990 forms, indicating potential efficiency or alternative compensation reporting.
- NTEE code W61 (Credit Unions) aligns directly with its operational nature and mission.
Frequently Asked Questions about Hudson Valley Federal Credit Union
Is Hudson Valley Federal Credit Union a legitimate charity?
Hudson Valley Federal Credit Union (EIN: 141471439) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 2 years of IRS 990 filings on record. Total revenue: $424.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Hudson Valley Federal Credit Union spend its money?
Hudson Valley Federal Credit Union directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hudson Valley Federal Credit Union tax-deductible?
Hudson Valley Federal Credit Union is registered as a tax-exempt nonprofit (EIN: 141471439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hudson Valley Federal Credit Union CEO make?
Hudson Valley Federal Credit Union's highest-compensated officer earns $7.45 annually. The organization reported $424.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hudson Valley Federal Credit Union's spending goes to programs?
Hudson Valley Federal Credit Union directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hudson Valley Federal Credit Union compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hudson Valley Federal Credit Union is above average for NTEE category W61 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hudson Valley Federal Credit Union located?
Hudson Valley Federal Credit Union is headquartered in Poughkeepsie, New York and files with the IRS under EIN 141471439. It is classified under NTEE code W61.
How many years of IRS 990 filings does Hudson Valley Federal Credit Union have?
Hudson Valley Federal Credit Union has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $424.7M in total revenue.
How does Hudson Valley Federal Credit Union compensate its executives if 0% officer compensation is reported on its 990s?
The 990 form for credit unions may not fully capture all forms of executive compensation, as their operational structure differs from traditional charities. Further investigation into their annual reports or other public disclosures would be needed to understand the full compensation structure for an organization of this scale.
What is the primary 'program' spending for a credit union like HVFCU?
For a credit union, 'program' spending primarily encompasses the costs associated with providing financial services to its members, such as loan origination, deposit account management, branch operations, and member education, which are all part of its core mission.
Filing History
IRS 990 filing history for Hudson Valley Federal Credit Union showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2023), Hudson Valley Federal Credit Union's revenue has grown by 23.2%, moving from $255.4M to $314.7M. Total assets increased by 9.2% over the same period, from $6.5B to $7.1B. Total functional expenses rose by 96.4%, from $158.8M to $311.9M. In its most recent filing year (2023), Hudson Valley Federal Credit Union reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $6.6B in liabilities against $7.1B in assets (debt-to-asset ratio: 93.9%), resulting in net assets of $432.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $314.7M | $311.9M | $7.1B | $6.6B | — | — |
| 2021 | $255.4M | $158.8M | $6.5B | $5.8B | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hudson Valley Federal Credit Union:
Data Sources and Methodology
This transparency report for Hudson Valley Federal Credit Union 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.