Community Foundations of the Hudson Valley

Legal name: Community Foundations of the Hudson Valley Inc

Nonprofit profile at a glance

EIN
237026859
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Poughkeepsie, NY, US
Phone
845-452-3077
Rating
85
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$31,311,189
Expenses
$22,717,156
Assets
$138,845,207
Liabilities
$14,863,206

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • LAURA WASHINGTON (PRESIDENT & CEO)
  • CRISTIN MCPEAKE (VICE PRESIDENT, PROGRAMS THRU 04/25)
  • KEVIN QUILTY (VICE PRESIDENT, ULSTER)

Highest reported compensation

  • LAURA WASHINGTON (PRESIDENT & CEO): $217,844 total reported compensation
  • DARCY KELLY (CFO): $131,487 total reported compensation
  • CRISTIN MCPEAKE (VICE PRESIDENT, PROGRAMS THRU 04/25): $129,052 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To inspire and facilitate philanthropy that strengthens the communities of the Hudson Valley.

What it reported doing in 2024

Grant-making: grants from charitable funds to meet community needs and in keeping with donors' intent. Over $20 million dollars was granted for health and human services, arts and culture, community improvement, youth development, education and scholarships, animal welfare, and faith-based organizations' charitable activities.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some related-organization disclosures are missing and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 83
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.1%; rating input score 75
  • Program expense ratio: 94.4%; rating input score 94
  • Fundraising efficiency: $533.03 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 89.5%; rating input score 89; 3rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 95.3%; rating input score 95; 25th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 27.4%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 6.11; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 12.6% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 13.4% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 9.8% per year; rating input score 100; 64th percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site · 3 operating locations identified
  • Where the money goes: 75.1% of revenue deployed · 94.4% of spending went to programs
  • Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $21.4M in reported program spending
  • Leadership: top reported pay $218K · 21 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $264K reported
  • Consistency: 38 of 40 current checks pass · 2 findings to review
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 275 filed money-flow records
  • Related organizations: 274 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.