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Nonprofit · EIN 85-4324015

THE HUDSON CARBON RESEARCH FOUNDATION INC

Tax-exempt · HUDSON, NY 12534

Financials

$1.3M$1.2M2023$695K$827K2024
Revenue Expenses · by fiscal year end
Financials of THE HUDSON CARBON RESEARCH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$695,329$826,826-$131,497$525,197$47,667$477,530
December 31, 2023990$1,286,749$1,163,224$123,525$658,827$49,800$609,027
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$468,000
Program service revenue
$228,461
Investment income
-$1,132
Net gain from sales of assets
-$1,160
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$88,888
Other salaries and wages
$265,173
Salaries, compensation and benefits (total)
$457,599
Professional fundraising fees
$0
Accounting fees
$11,900
Occupancy
$3,702
Travel
$6,530
Depreciation
$137,359
Program services (functional)
$697,950
Management and general (functional)
$128,876

Balance sheet and other

Total assets, start of year
$658,827
Total assets, end of year
$525,197
Total liabilities, end of year
$47,667
Net assets, end of year
$477,530
Land, buildings and equipment
$401,140
Net assets without donor restrictions
$477,530
Gross receipts
$697,609
Employees
8
Volunteers
4
Year formed
2020
State of legal domicile
NY

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
MATTHEW SHEFFERPART-YR EXECUTIVE DIRECTOR
Officer
40$88,888
BENJAMIN DOBSONCHAIRMAN
Trustee or director, Officer
2$0
TERRY NIPPTREASURER
Trustee or director, Officer
1$0
ELIZABETH KUCINICHSECRETARY
Trustee or director, Officer
1$0
ABBY ROCKEFELLERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MATTHEW SHEFFERPART-YR EXECUTIVE DIRECTOR
Officer
40$126,843
BENJAMIN DOBSONPRESIDENT, CHAIRMAN, CEO
Trustee or director, Officer
40$103,277
TERRY NIPPTREASURER
Trustee or director, Officer
1$0
ELIZABETH KUCINICHSECRETARY
Trustee or director, Officer
1$0
ABBY ROCKEFELLERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
357 COUNTY ROUTE 12, HUDSON, NY 12534-4532
Principal officer (990 for 2024)
MATTHEW SHEFFER, 67 PINEWOOD ROAD, HUDSON, NY 12534
Signed the 990
MATTHEW SHEFFER, EXECUTIVE DIRECTOR
Phone
(413) 822-0093
Return prepared by
UHY ADVISORS NORTHEAST INC

Mission

HUDSON CARBON IS DEDICATED TO CATALYZING THE ADOPTION OF REGENERATIVE ORGANIC AGRICULTURE BY ADVANCING OUR SCIENTIFIC UNDERSTANDING OF ITS PRACTICES AND SYSTEMS, AND THEIR POTENTIAL TO RADICALLY REVERSE CLIMATE CHANGE AND ENVIRONMENTAL DEGRADATION ACROSS THE GLOBE.

990 for the year ended December 31, 2024

Program accomplishments

  • ADVANCE RESEARCH TO BENEFIT FARMERS BY: DESIGNING AND IMPLENTING RESEARCH PROJECTS WITHIN UNIQUE AND INNOVATIVE REGENERATIVE FARMING SYSTEMS; THESE PROJECTS EXPLORE THE POTENTIAL OF THESE SYSTEMS TO SEQUESTER SOIL CARBON, REDUCE GHG EMISSIONS, IMPROVE HYDROLOGIC AND NUTRIENT CYCLING, AND ENHANCE BIODIVERSITY; BUILDING FOUNDATIONAL DATASETS THAT SUPPORT THE DEVELOPMENT AND SCALING OF THESE SYSTEMS BY PROVIDING BETTER ACCESS TO ECOSYSTEM SERVICE MARKETS. USING REMOTE SENSING, AI, AND OTHER TOOLS TO DEVELOP INNOVATIVE TECHNOLOGICAL SOLUTIONS TO SOLVE UNIQUE AND CRITICAL PROBLEMS AROUND MEASUREMENT AND VERIFICATION OF ENVIRONMENTAL OUTCOMES; AND TAKING EVERY OPPORTUNITY TO SHARE THE WORK AND DATA TO HELP DEVELOP BETTER TOOLS TO SUPPORT ECOSYSTEM SERVICE MARKETS.
    Expenses $697,950 · revenue $228,461

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-4324015
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C05)
Assets (IRS master file)
$525,197
Income (IRS master file)
$697,609

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$695,329$826,826$525,197IRS
990December 2023$1,286,749$1,163,224$658,827XML
990December 2022$1,040,103$1,200,424$577,131IRS

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 85-4324015).

Questions about THE HUDSON CARBON RESEARCH FOUNDATION INC

What is the EIN of THE HUDSON CARBON RESEARCH FOUNDATION INC?
The employer identification number (EIN) of THE HUDSON CARBON RESEARCH FOUNDATION INC is 85-4324015.
Is THE HUDSON CARBON RESEARCH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to THE HUDSON CARBON RESEARCH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE HUDSON CARBON RESEARCH FOUNDATION INC 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 THE HUDSON CARBON RESEARCH FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE HUDSON CARBON RESEARCH FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE HUDSON CARBON RESEARCH FOUNDATION INC?
The 990 for the year ended December 31, 2024 names MATTHEW SHEFFER.
Who are the officers and directors of THE HUDSON CARBON RESEARCH FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $88,888 (MATTHEW SHEFFER, PART-YR EXECUTIVE DIRECTOR).
How much revenue does THE HUDSON CARBON RESEARCH FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $695,329, expenses of $826,826 and total assets of $525,197 at year end.

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