2015-11-12T15:22:17-06:00 2014-12-31 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2014-01-01 131692606 HISTORIC HUDSON VALLEY HIST 9146318200 639 BEDFORD ROAD POCANTICO HILLS NY 10591 WADDELL W STILLMAN PRESIDENT 9146318200 2015-11-10 1 DONALD SHAEFITZ P00449034 2126972299 2014 2016-02-25 16:41:14Z WADDELL W STILLMAN 639 BEDFORD ROAD POCANTICO HILLS NY 10591 20483732 0 X WWW.HUDSONVALLEY.ORG X 1951 NY HHV CELEBRATES THE HISTORY AND CULTURE OF THE HUDSON VALLEY. 20 20 200 165 39190 6717 1770499 3234058 3489061 4451485 8197052 1979383 573373 663212 14029985 10328138 0 0 0 0 4563889 4714904 0 0 515123 5504913 6581167 10068802 11296071 3961183 -967933 81704221 80375263 8033304 8717247 73670917 71658016 X THE ORGANIZATION'S MISSION IS TO CELEBRATE THE HISTORY, ARCHITECTURE, LANDSCAPE AND MATERIAL CULTURE OF THE HUDSON VALLEY, ADVANCING ITS IMPORTANCE AND THEREBY ASSURING ITS PRESERVATION. 0 0 1969359 BUILDINGS, GROUNDS AND SECURITY- RESTORATION AND PRESERVATION OF NATIONALLY SIGNIFICANT BUILDINGS AND LANDSCAPES, AS WELL AS MAINTAINING VISITOR CENTERS AND PUBLIC EDUCATION AND RESEARCH FACILITIES. 4083336 4451485 INTERPRETATION, EDUCATION AND CULTURAL EVENTS- EDUCATION AND PUBLIC PROGRAMMING TO ADVANCE AND DISSEMINATE KNOWLEDGE AND UNDERSTANDING OF THE HISTORY AND CHARACTER OF THE HUDSON VALLEY. DURING 2014, 18,012 STUDENTS ATTENDED 18 AMERICAN HISTORY EDUCATIONAL PROGRAMS AT HISTORIC HUDSON VALLEY SITES, 70,569 VISITORS TOURED THE HISTORIC SITES AND 197,421 VISITORS ATTENDED 13 SPECIAL EVENTS. 849350 DIGITAL PROGRAMS, CURATORIAL AND LIBRARY - CARE AND CONSERVATION OF ARTIFACT COLLECTIONS AND LIBRARY AND RESEARCH FOR PUBLICATION AND USE BY SCHOLARS AND IN VARIOUS ON-SITE AND WEB-BASED PROGRAMS. 983254 MARKETING, PUBLIC RELATIONS AND NEW MEDIA AND MUSEUM SHOPS. 983254 7885299 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 78 0 1 200 1 1 1 0 0 0 0 1 1 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X GREGORY HOLLOP 9143666918 639 BEDFORD ROAD POCANTICO HILLS NY 10591 KENT L BARWICK TRUSTEE 1.00 X 0 0 0 KAREN H BECHTEL TRUSTEE (UNTIL FEBRUARY 2014) 1.00 X 0 0 0 KATHARINE CHAPMAN TRUSTEE 1.00 X 0 0 0 ROBERT G DELAMATER TRUSTEE AND SECRETARY 1.00 X X 0 0 0 MICHAEL HEGARTY TRUSTEE AND CHAIRMAN 1.00 X X 0 0 0 BARBARA F ISRAEL TRUSTEE 1.00 X 0 0 0 HERBERT E NASS ESQ TRUSTEE (UNTIL FEBRUARY 2014) 1.00 X 0 0 0 WILSON S NEELY TRUSTEE 1.00 X 0 0 0 WILLIAM F PLUNKETT JR TRUSTEE AND VICE CHAIRMAN 1.00 X X 0 0 0 JOSEPH A RICE UNTIL FEB 2014 TRUSTEE AND VICE CHAIRMAN 1.00 X X 0 0 0 CHARLES P ROCKEFELLER TRUSTEE 1.00 X 0 0 0 MARK F ROCKEFELLER TRUSTEE AND CHAIR OF EXEC 1.00 X X 0 0 0 ARTHUR SAMBERG TRUSTEE(UNTIL FEBRUARY 2014) 1.00 X 0 0 0 MOLLY SCHAEFER TRUSTEE AND VICE CHAIRMAN 1.00 X X 0 0 0 THOMAS D THACHER II TRUSTEE 1.00 X 0 0 0 WILLIAM H WRIGHT II TRUSTEE AND TREASURER 1.00 X X 0 0 0 CATHERINE U BIDDLE TRUSTEE (UNTIL FEBRUARY 2014) 1.00 X 0 0 0 JOSEPH P COTTER TRUSTEE 1.00 X 0 0 0 JOHN F MIKSAD TRUSTEE 1.00 X 0 0 0 JOEL W MOTLEY TRUSTEE 1.00 X 0 0 0 JAMES E FITZGERALD JR TRUSTEE 1.00 X 0 0 0 KIMBERLY J HUCHRO TRUSTEE 1.00 X 0 0 0 DWIGHT W ANDERSON TRUSTEE 1.00 X 0 0 0 JOSEPH S BERRY TRUSTEE 1.00 X 0 0 0 STUART WOODY TRUSTEE 1.00 X 0 0 0 WADDELL W STILLMAN PRESIDENT 35.00 X 298199 0 19444 DAVID PARSONS DIRERCTOR OF FINANCE AND A 35.00 X 186633 0 17309 KAREN SHARMAN DIR. OF PROGRAMS/ASSISTANT 35.00 X 120946 0 14163 PETER POCKRISS DIRECTOR OF DEVELOPMENT 35.00 X 153243 0 31150 RAYMOND ARMATER EXEC. DIRECTOR-MP 35.00 X 100507 0 5675 ROB SCHWEITZER DIRECTOR OF MARKETING 35.00 X 103174 0 13327 GREGORY HOLLOP CONTROLLER 35.00 X 139155 0 20224 LYNDA JONES DIRECTOR OF HUMAN RESOURCES 35.00 X 101295 0 8353 1203152 0 129645 7 0 1 0 JAY WOODS DESIGN INC 22 CORNWALL DRIVE CORNWALLONHUDSON NY 12520 LIGHTING DESIGN 358557 HOUSE OF MIRTH 430 ROOSEVELT DRIVE DERBY CT 06418 EVENT PRODUCTION 298923 WINDROSE ASSOCIATES PO BOX 805 RIDGEFIELD CT 06877 INFORMATION TECH SERVICE 179250 WHITE PLAINS BUS COMPANY 14 FISHER LN PO BOX 823C WHITE PLAINS NY 10603 BUS RIDES 160475 MANPOWER 21271 NETWORK PLACE CHICAGO IL 60673 TEMPORARY HELP 148925 5 255003 322505 427078 2229472 86021 3234058 ADMISSION FEES 713990 4451485 4451485 4451485 1506476 1506476 169998 0 169998 169998 169998 10240385 9767478 472907 472907 472907 82625 322505 82625 0 705967 305491 400476 39190 361286 INSURANCE AND OTHER RECOVERIES 900099 76459 76459 CAFE SALES 722210 12754 12754 MISCELLANEOUS 900099 3525 3525 92738 10328138 4451485 39190 2603405 654837 258987 395850 3206922 2521987 356506 328429 133134 106092 13009 14033 356844 265338 59564 31942 363167 263079 68843 31245 39884 39884 27153 27153 91432 91432 90647 90647 716846 590912 118460 7474 307011 305544 1467 300513 157951 109275 33287 18803 18803 315245 307751 7494 142898 142898 44257 23335 16058 4864 329335 329335 1140089 1140089 270730 270730 PROGRAMS AND EVENTS 1733558 1715289 18269 REPAIRS AND MAINTENANCE 332969 329581 3388 LANDSCAPING 220239 220239 CREDIT CARD FEES 132655 119390 13265 326903 267393 8926 50584 11296071 7885299 2895649 515123 2165872 2608042 317383 569075 50038 11092 61226 76510 170441 146219 47432049 11820847 36594962 35611202 24694365 24921873 16809017 14380806 840917 2050444 81704221 80375263 431696 568194 245940 345887 7000000 6929449 355668 873717 8033304 8717247 X 37709827 35759944 10244204 10181186 25716886 25716886 73670917 71658016 81704221 80375263 X -967933 -427935 -617033 X 0 1 X 1 0 X 2099974 1425345 2682469 1770499 3234058 11212345 2099974 1425345 2682469 1770499 3234058 11212345 1081340 10131005 589557 812996 1291541 1500495 1676474 5871063 52933 48443 45928 39972 39190 226466 90253 92964 250264 54087 92738 580306 17890180 16631260 0.56630 0.57860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 35447428 1248562 1789787 34906203 33223416 4062551 1838539 35447428 32488742 2570204 1835530 33223416 37373672 -2786203 2098727 32488742 26727927 9645762 3210786 2210803 37373672 0.00000 0.73670 0.26330 0 0 2729096 2729096 24143449 4973691 19169758 2794816 659533 2135283 5913534 4958110 955424 11851154 1229513 10621641 35611202 HEDGE FUNDS 10702709 F LIMITED PARTNERSHIPS 3642936 F INVESTMENT FUNDS 35161 F 14380806 ACCRUED RETIREMENT BENEFITS 824034 VALUE OF INVESTMENT IN SUBSIDIARY 49683 873717 X 10115047 -427935 -427935 10542982 90647 -305491 -214844 10328138 12127948 922524 922524 11205424 90647 90647 11296071 PART III, LINE 4: AMONG HISTORIC HUDSON VALLEY'S ARTIFACTS ARE MORE THAN 16,000 OBJECTS COMPRISING THE REGION'S MOST COMPREHENSIVE AND BEST DOCUMENTED COLLECTION OF DECORATIVE ART FROM THE 17TH THROUGH THE 20TH CENTURY, INCLUDING PAINTINGS, FURNITURE, CERAMICS, TEXTILES, HISTORIC STRUCTURES, 30,000 BOOKS, 3,500 MANUSCRIPT FOLDERS, AND SIMILAR OBJECTS ALL RELATING TO REGIONAL AND AMERICAN HISTORY AND CULTURE. BECAUSE 70% OF HISTORIC HUDSON VALLEY'S COLLECTIONS ARE EXHIBITED ON SITE, THEY ARE ESSENTIAL TO THE PRESERVATION OF THE SITES AS THEY EXISTED DURING THEIR PERIODS OF GREATEST HISTORICAL INTEREST AND ARE CRUCIAL TO THE INTERPRETATION OF EACH PROPERTY FOR THE GENERAL PUBLIC. THE UNIQUE QUALITIES OF THE COLLECTIONS PROMOTE PUBLIC VISITATION AND SERVE AS AN INVALUABLE RESOURCE FOR STUDY, THEREBY DIRECTLY SUPPORTING THE ORGANIZATION'S MISSION. PART V, LINE 4: TO SUPPORT THE ORGANIZATION'S OPERATIONS AND MISSION. PART X, LINE 2: HISTORIC HUDSON VALLEY IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN DESIGNATED AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION. THE ORGANIZATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON CERTAIN NET INCOME DERVIED FROM ITS MUSEUM SHOPS, A BUSINESS ACTIVITY WHICH IS REGULARLY CONDUCTED AND IS, BY STATUTE, UNRELATED TO ITS EXEMPT PURPOSE. MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 4B THIS AMOUNT IS THE COSTS OF GOODS THAT WERE SOLD, SHOWN AS AN EXPENSE ON THE ORGANIZATION'S FINANCIAL STATEMENTS RATHER THAN A REDUCTION OF THE SALES REVENUE. SCHEDULE D, PART XII, LINE 2D THIS AMOUNT CONSISTS OF THE COSTS OF GOODS THAT WERE SOLD WHICH WAS SHOWN AS AN EXPENSE ON THE ORGANIZATION'S FINANCIAL STATEMENTS RATHER THAN A REDUCTION OF THE SALES REVENUE,PENSION-RELATED CHANGES OTHER THAN PERIODIC PENSION COST, AS WELL AS REAL ESTATE TAXES THAT WERE PAID FOR BY THE ORGANIZATION ON BEHALF OF ITS SUBSIDIARIES. FALL GALA 393695 325017 68678 0 61228 7450 POCANTICO BAR-B-QUE 11435 -2512 13947 529 11575 1843 1 405130 322505 82625 529 72803 9293 82625 0 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 WADDELL W STILLMAN PRESIDENT 298199 0 0 0 0 0 15000 0 4444 0 317643 0 0 0 DAVID PARSONS DIRERCTOR OF FINANCE AND A 186633 0 0 0 0 0 8879 0 8430 0 203942 0 0 0 PETER POCKRISS DIRECTOR OF DEVELOPMENT 153243 0 0 0 0 0 8000 0 23150 0 184393 0 0 0 GREGORY HOLLOP CONTROLLER 139155 0 0 0 0 0 7000 0 13224 0 159379 0 0 0 X 5 86021 MV ON DATE DONATED 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 MARK ROCKEFELLER AND CHARLES P. ROCKEFELLER ARE COUSINS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO SUBMISSION. FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF TRUSTEES PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C MATERIAL CONFLICTS ARE REVIEWED ANNUALLY BY MANAGEMENT AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF HISTORIC HUDSON VALLEY'S BOARD OF TRUSTEES MET ON DECEMBER 16, 2010 TO DISCUSS MR. STILLMAN'S PERFORMANCE AS PRESIDENT OF HISTORIC HUDSON VALLEY. SEVERAL FACTORS WERE CONSIDERED AS PART OF THIS EVALUATION INCLUDING: MR. STILLMAN'S SELF ASSESSMENT, HHV'S SUCCESS AS A BUSINESS, HHV'S STEWARDSHIP OF HISTORIC STRUCTURES, ABILITY TO RAISE FUNDS IN SUPPORT OF THE ORGANIZATION'S MISSION, AND THE MANAGEMENT OF SPECIAL PROJECTS (E.G. MAJOR CONSTRUCTION PROJECTS AND STRATEGIC PLANNING INITIATIVE). IT WAS DETERMINED THAT MR. STILLMAN MET THE GOALS AND EXPECTATIONS SET FORTH BY THE COMMITTEE AND THAT A SALARY INCREASE WAS WARRANTED. THE COMMITTEE ESTABLISHED THE NEW RATE OF COMPENSATION AS OF JANUARY 9, 2011. FORM 990, PART VI, SECTION C, LINE 19 BOARD OF TRUSTEES RECEIVES COPY OF BY-LAWS AND OTHER GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY STATEMENT, AND AUDITED FINANCIAL STATEMENTS. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO OTHERS UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS IN EQUITY OF SUBSIDIARIES -2,112. PENSION RELATED CHANGES OTHER THAN PERIODIC PENSION COST -614,921. SAKDEK INC 639 BEDFORD ROAD POCANTICO NY 10591 141697710 HOLDING COMPANY NY N/A C -1499 45404 1.00000 0 MONTGOMERY PLACE ORCHARDS INC 639 BEDFORD ROAD POCANTICO NY 10591 135574268 FARM OPERATIONS NY N/A C -613 1419 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SAKDEK INC D 1499 FMV MONTGOMERY PLACE ORCHARDS INC D 29 FMV