Nonprofit · EIN 22-3307613
HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · JERSEY CITY, NJ 07306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $783,964 | $770,766 | $13,198 | $1,775,773 | $44,798 | $1,730,975 |
| December 31, 2024 | 990 | $674,785 | $638,929 | $35,856 | $1,756,013 | $38,236 | $1,717,777 |
| December 31, 2023 | 990 | $899,344 | $834,153 | $65,191 | $1,830,811 | $148,890 | $1,681,921 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $769,964
- of which government grants
- $625,117
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $14,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $130,298
- Salaries, compensation and benefits (total)
- $174,333
- Professional fundraising fees
- $0
- Legal fees
- $12,067
- Accounting fees
- $22,429
- Depreciation
- $1,671
- Program services (functional)
- $556,716
- Management and general (functional)
- $214,050
Balance sheet and other
- Total assets, start of year
- $1,756,013
- Total assets, end of year
- $1,775,773
- Total liabilities, end of year
- $44,798
- Net assets, end of year
- $1,730,975
- Land, buildings and equipment
- $1,332
- Net assets without donor restrictions
- $97,941
- Net assets with donor restrictions
- $1,633,034
- Gross receipts
- $783,964
- Employees
- 3
- Year formed
- 1994
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN O'CONNOR | President Trustee or director, Officer | 5 | $0 |
| KENNETH O'NEILL | ASST. TREASURER Trustee or director, Officer | 5 | $0 |
| RICHARD DWYER | Treasurer Trustee or director, Officer | 5 | $0 |
| FRANCESCA GIARRATANA | Trustee Trustee or director | 2.5 | $0 |
| ALAN LAMBIASE | Vice President Trustee or director, Officer | 5 | $0 |
| HARRY MELENDEZ | Secretary Trustee or director, Officer | 5 | $0 |
| CARLOS MEDINA | Trustee Trustee or director | 2.5 | $0 |
| NORMAN GUERRA | Trustee Trustee or director | 2.5 | $0 |
| LISA PRUSKO | Trustee Trustee or director | 2.5 | $0 |
| JERMAINE ROBINSON | Trustee Trustee or director | 2.5 | $0 |
| MICHELLE RICHARDSON | Executive Dir. Officer | 35 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN O'CONNOR | President Trustee or director, Officer | 5 | $0 |
| KENNETH O'NEILL | ASST. TREASURER Trustee or director, Officer | 5 | $0 |
| RICHARD DWYER | Treasurer Trustee or director, Officer | 5 | $0 |
| FRANCESCA GIARRATANA | Trustee Trustee or director | 2.5 | $0 |
| ALAN LAMBIASE | Vice President Trustee or director, Officer | 5 | $0 |
| HARRY MELENDEZ | Secretary Trustee or director, Officer | 5 | $0 |
| CARLOS MEDINA | Trustee Trustee or director | 2.5 | $0 |
| NORMAN GUERRA | Trustee Trustee or director | 2.5 | $0 |
| LISA PRUSKO | Trustee Trustee or director | 2.5 | $0 |
| JERMAINE ROBINSON | Trustee Trustee or director | 2.5 | $0 |
| MICHELLE RICHARDSON | Executive Dir. Officer | 35 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN O'CONNOR | President Trustee or director, Officer | 5 | $0 |
| KENNETH O'NEILL | ASST. TREASURER Trustee or director, Officer | 5 | $0 |
| RICHARD DWYER | Treasurer Trustee or director, Officer | 5 | $0 |
| FRANCESCA GIARRATANA | Trustee Trustee or director | 2.5 | $0 |
| ALAN LAMBIASE | Vice President Trustee or director, Officer | 5 | $0 |
| HARRY MELENDEZ | Secretary Trustee or director, Officer | 5 | $0 |
| CARLOS MEDINA | Trustee Trustee or director | 2.5 | $0 |
| NORMAN GUERRA | Trustee Trustee or director | 2.5 | $0 |
| LISA PRUSKO | Trustee Trustee or director | 2.5 | $0 |
| JERMAINE ROBINSON | Trustee Trustee or director | 2.5 | $0 |
| MICHELLE RICHARDSON | Executive Dir. Officer | 35 | $0 |
Address and contacts
- Address (IRS master file)
- 830 BERGEN AVE FLOOR 7A, JERSEY CITY, NJ 07306-4507
- Principal officer (990 for 2025)
- MICHELLE RICHARDSON, 830 BERGEN AVENUE, JERSEY CITY, NJ 07306
- Signed the 990
- MICHELLE RICHARDSON, Executive Dir.
- Phone
- (201) 369-4370
- Website
- WWW.HUDSONEDC.ORG
- Return prepared by
- Donohue Gironda & Doria
Mission
THE HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION (HCEDC) IS A NOT-FOR-PROFIT CORPORATION WHOSE MISSION IS TO SERVE HUDSON COUNTY'S DIVERSE COMMUNITIES BY PROVIDING COMPREHENSIVE FINANCIAL ACCESS, INFORMATION, PROFESSIONAL TRAINING AND AFFORDABLE HOUSING. THE HCEDC'S VISION IS TO BUILD A HEALTHY LOCAL ECONOMY THROUGH COLLABORATIVE PARTNERSHIPS FOR BUSINESS ORGANIZATIONS AND INDIVIDUALS.
Program accomplishments
- BUSINESS LOAN PROGRAM - UNDER THE BUSINESS LOAN PROGRAM THE HCEDC WORKS WITH A TEAM OF LENDERS TO HELP LOCAL BUSINESS ACCESS THE FINANCING THEY NEED.Expenses $253,436
- EDUCATION (TRAINING) PROGRAM - UNDER THE EDUCATION PROGRAM THE HCEDC PROVIDES A WIDE RANGE OF TRAINING PROGRAMS THAT ARE OFFERED TO HELP LOCAL BUSINESS OWNERS AND THEIR EMPLOYEES SHARPEN SKILLS.Expenses $157,345
- INFORMATION (OUTREACH) PROGRAM - UNDER THE OUTREACH PROGRAM THE HCEDC PROVIDES LOCAL BUSINESSES WITH ACCESS TO VALUABLE RESOURCES.Expenses $145,935
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3307613
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S21Z)
- Assets (IRS master file)
- $1,775,773
- Income (IRS master file)
- $783,964
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $783,964 | $770,766 | $1,775,773 | IRS |
| 990 | December 2024 | $674,785 | $638,929 | $1,756,013 | IRS |
| 990 | December 2023 | $899,344 | $834,153 | $1,830,811 | XML |
| 990 | December 2022 | $649,952 | $539,159 | $1,739,771 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3307613).
Questions about HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION is 22-3307613.
- Is HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names MICHELLE RICHARDSON.
- Who are the officers and directors of HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does HUDSON COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $783,964, expenses of $770,766 and total assets of $1,775,773 at year end.
Other nonprofits in JERSEY CITY
- GLOBAL ASSOCIATIONS OF RISK PROFFESIONALS INC EIN 02-0571577 · last filed 990 for 2024
- TRANSCOM INC EIN 22-3606706 · last filed 990 for 2025
- RISING TIDE CAPITAL INC EIN 11-3720098 · last filed 990 for 2024
- JERSEY CITY ECONOMIC DEVELOPMENT CORPORATION EIN 22-2304615 · last filed 990 for 2024
- NEW JERSEY TECHNOLOGY COUNCIL EIN 22-3269507 · last filed 990 for 2024
- HISTORIC DOWNTOWN SPECIAL IMPROVEMENT DISTRICT EIN 22-3568902 · last filed 990 for 2025
- JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION EIN 22-3380047 · last filed 990 for 2024
- ANTI-VIOLENCE COALITION OF HUDSON COUNTY EIN 84-2157522 · last filed 990 for 2024
All nonprofits in JERSEY CITY · New Jersey · Community improvement and capacity building