Overview
What is Hudson Yards Development Corporation?
Hudson Yards Development Corporation is a nonprofit organization headquartered at ONE LIBERTY PLAZA 14FL, New York, NY 10006. Their primary mission is to oversee the economic development of the Hudson Yards area in Manhattan. This involves coordinating the construction of an extension to the No. 7 subway line and managing the design and construction of public amenities, such as parks, as necessary. The corporation also facilitates property acquisition to support these projects. In carrying out its mission, Hudson Yards Development Corporation engages external legal counsel and consultants to assist with various aspects of property acquisition and design and construction. The organization currently employs a team of 4 individuals.
Official website here: www.hydc.org
Is Hudson Yards Development Corporation legitimate?
Hudson Yards Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hudson Yards Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $621,916
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,917
For more financial information, click here
Official website here: www.hydc.org
What is the mission statement of Hudson Yards Development Corporation?
Hudson Yards Development Corporation's mission is centered around facilitating the economic development of a specific area. This involves coordinating the construction of an extension to the No. 7 subway line and overseeing the design and construction of public amenities, such as parks, as necessary. The organization also contracts with external legal counsel and consultants to support property acquisition and the development of Hudson Park and Boulevard. In essence, the corporation's role is to manage and oversee the city's economic initiatives for the redevelopment of the Hudson Yards area in Manhattan.
Official website here: www.hydc.org
Who is the CEO of Hudson Yards Development Corporation?
Angela R Cavaluzzi is the Principal Officer of Hudson Yards Development Corporation.
Official website here: www.hydc.org
What is the revenue of Hudson Yards Development Corporation?
Hudson Yards Development Corporation's revenue in 2022 was $2,999,980.
Official website here: www.hydc.org
Who are the executives of Hudson Yards Development Corporation and what are their salaries?
The average compensation at Hudson Yards Development Corporation during 2022 was $192,458. There are 4 employees and 13 volunteers at Hudson Yards Development Corporation.
Here are 29 key members and their salaries:
- Angela Cavaluzzi (President)
- Lincoln Patel (Vice President And Counsel)
- Cheehan T Leung (Vp Of Development)
- Susan Gil (Treasurer And Fiscal Manag)
- Adolfo Carrion Jr (Director)
- Adrienne Adams (Director)
- Andrew Kimball (Director)
- Brad Lander (Director)
- Corey Johnson (Director (Outgoing))
- Corey Johnson (Director (Outgoing))
- Dan Garodnick (Director)
- Erik Bottcher (Director)
- Gale Brewer (Director (Outgoing))
- Jacques Jiha (Director)
- Jeffrey Lefrancois (Director)
- Jonnel Doris (Director (Outgoing))
- Kevin Kim (Director)
- Laura Anglin (Director (Outgoing))
- Louise Carroll (Director (Outgoing))
- Lowell D Kern (Director (Outgoing))
- Maria Torres-Springer (Director)
- Marisa Lago (Director (Outgoing))
- Mark Levine (Director)
- Meera Joshi (Director)
- Mitchell Silver (Director (Outgoing))
- Rachael Loeb (Director (Outgoing))
- Scott Stringer (Director (Outgoing))
- Susan Donoghue (Director)
- Vicki Been (Director (Outgoing))
Official website here: www.hydc.org
Where can I find the form 990 for Hudson Yards Development Corporation?
The Hudson Yards Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.hydc.org
Learn more at the official website: www.hydc.org
Mission Statement of Hudson Yards Development Corporation
Hudson Yards Development Corporation, in its mission, works towards coordinating and facilitating the economic development of a specific area in Manhattan, known as Hudson Yards. This involves overseeing various initiatives, including the extension of the No. 7 subway line and the construction of public amenities such as parks. The organization also plays a crucial role in the acquisition of necessary property for these projects. To achieve these goals, Hudson Yards Development Corporation often contracts with external legal counsel and other consultants. Particularly noteworthy is their involvement in the design and construction of Hudson Park and Boulevard, which stretches from West 36th Street to West 39th Street between 10th and 11th Avenues. The corporation's mission is to contribute to the transformation and revitalization of the designated Hudson Yards area, ultimately enhancing its economic growth and development.
Impact
This information is meant to be a general summary of Hudson Yards Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Hudson Yards Development Corporation's impact is significant in spearheading the economic revitalization and development of the Hudson Yards area in Manhattan. One of its key achievements is managing the implementation of the City of New York's economic initiatives for the redevelopment of this region. This includes crucial projects such as the extension of the No. 7 subway line to West 34th Street, construction of public amenities like parks, and property acquisition as needed.
Moreover, the organization plays a pivotal role in coordinating and facilitating the economic development of the Hudson Yards area. By contracting with outside legal counsel and consultants, the corporation ensures the smooth progress of property acquisition and the design and construction of vital infrastructure such as the Hudson Park and Boulevard. Overall, the Hudson Yards Development Corporation's work contributes significantly to enhancing the community, improving infrastructure, and fostering economic growth in the area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2005
Phone
(212) 312-4267
Principal Officer
Angela R Cavaluzzi
Main Address
ONE LIBERTY PLAZA 14FL, NEW YORK, NY, 10006
Website
www.hydc.org
NTEE Category
Code: S20 - Community improvement
If you are a representative of Hudson Yards Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.