Hudson Valley Current
Hudson Valley Current is a 501(c)(3) nonprofit operating an IRS-recognized local currency called the Current, alongside a cafe and market (Tilda's Kitchen & Market) and a monthly publication (Midtown Lively), serving 450+ businesses and residents across the Hudson Valley region of New York.
- Company typePrivate
- Founded2014
- HeadquartersWest Kingston, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Hudson Valley Current does
Hudson Valley Current Inc is a 501(c)(3) nonprofit organization that operates a regional mutual-credit local currency system serving the Hudson Valley of New York State. Founded in 2014 and headquartered in Kingston, NY, the organization exchanges "Currents" — an IRS-recognized alternative currency usable only at member businesses within Ulster, Dutchess, Columbia, Orange, and Albany Counties — between a network of 450+ business and individual members. Members receive interest-free lines of credit with zero transaction fees, and the system is purposefully geographically closed to ensure retained value circulates locally.
The organization operates through three interdependent streams: The Current (the core local currency accessible via a web app, iOS/Android mobile apps, and paper bills), Tilda's Kitchen & Market (a brick-and-mortar cafe and retail market in Midtown Kingston stocking member-produced goods and serving community-inspired cuisine), and Midtown Lively (a monthly publication covering local food, art, and exchange, with a paid marketing tier called Livelihood Magazine). The Pollinator Stipend program is a guaranteed-income pilot that distributes Currents to community ambassadors who facilitate onboarding and workshops.
Member acquisition is community-led, driven by word-of-mouth, local events, social media, and a community ambassador program. Monetization is modest and distributed: free basic membership alongside paid marketing tiers for Livelihood Magazine, cafe and retail revenue from Tilda's Kitchen, and advertising/subscription revenue from Midtown Lively. The organization is currently undergoing a leadership transition as the founding director steps down and a new Executive Director is sought. No funding rounds or institutional investors are disclosed, and the entity operates with a lean team of 1-10 employees.
Hudson Valley Current firmographics
Firmographics- Name
- Hudson Valley Current
- Legal name
- Hudson Valley Current Inc
- Website
- https://hudsonvalleycurrent.org
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Hudson Valley Current is a 501(c)(3) nonprofit operating an IRS-recognized local currency called the Current, alongside a cafe and market (Tilda's Kitchen & Market) and a monthly publication (Midtown Lively), serving 450+ businesses and residents across the Hudson Valley region of New York.
- Ownership category
- akta.pro rank
Hudson Valley Current industry classification
Industry- Product category
- Community Currency / Alternative Local Currency Platform
- NAICS
- Newspaper Publishers (513110)
- SIC
- Retail-Eating Places (5812)
- akta.pro primary industry
- Local & Regional Newspapers (Print & Digital) (MPAJADAB)
- akta.pro secondary industry
- Community-Owned / Nonprofit Grocery Stores (CRAHALAB)
Keywords
Where Hudson Valley Current is headquartered
LocationHeadquarters
- HQ city
- West Kingston
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Hudson Valley Current business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Member Business Fees: The organization mentions both free basic membership and paid membership options. Paid members receive additional marketing opportunities through Livelihood Magazine.
- Tilda's Kitchen & Market Revenue: Brick-and-mortar cafe and market generating revenue through food service and retail product sales. Located at 630 Broadway, Kingston.
- Midtown Lively Magazine: Monthly publication generating revenue through advertising and subscriptions. Members can advertise in the magazine as a paid marketing opportunity.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Basic Membership |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Hudson Valley Current product offering
Product offeringCore offering
Hudson Valley Current operates an IRS-recognized community currency ("The Current") that circulates among individual members and more than 450 local businesses in the Hudson Valley region, accessible via web app, iOS/Android apps, and paper notes. Alongside the currency platform, it runs Tilda's Kitchen and Market, a brick-and-mortar cafe and local-goods market, and Midtown Lively, a monthly print and digital publication highlighting the local economy.
Product overview
Hudson Valley Current operates a three-stream nonprofit economic development model centered around its local currency system. The core product, The Current, is an alternative currency recognized by the IRS that circulates trade dollars between 450+ member businesses and individuals exclusively within the Hudson Valley region. Supporting this currency are two additional streams: Tilda's Kitchen and Market, a brick-and-mortar cafe and market in Kingston offering local cuisine and products, and Midtown Lively, a monthly community magazine. The Current is accessible through a web app, mobile payment app (iOS/Android), and paper currency, with additional programs like the Pollinator Stipend guaranteed income pilot to stimulate currency circulation.
Differentiator
Problem solved
Functional benefit
Brands
- The Current: A local currency alternative that exchanges trade dollars of abundance between member businesses and individuals within the Hudson Valley, recognized by the IRS and used only at member businesses.
- Tilda's Kitchen and Market
- Midtown Lively
Products and services
- The Current IRS-recognized community alternative currency used by individuals and 450+ local businesses in the Hudson Valley; accessible via web app, iOS/Android apps, and printed paper notes; operates on a mutual-credit basis with no interest and no transaction fees.
- Tilda's Kitchen and Market Brick-and-mortar cafe and local-goods market operated by Hudson Valley Current in Kingston, New York; offers food and local products to the community on a pay-what-you-can model.
- Midtown Lively Monthly print and digital publication covering the Hudson Valley local economy, member businesses, and community stories; supports the nonprofit's mission and serves as a marketing channel for participating merchants.
- Pollinator Stipend Guaranteed-income pilot program run by Hudson Valley Current as a community economic-development initiative providing recurring stipends to selected participants.
Quantifiable outcome
- Over 1.3 million Currents exchanged since 2014, all staying in the local economy
Companies that use Hudson Valley Current
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles2 records
Hudson Valley Current technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Hudson Valley Current partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered foundational, minor and core.
- E.F. Schumacher SocietyfoundationalOrganized the 2004 Local Currencies in the 21st Century Conference at Bard College where the idea for Hudson Valley Current was born. The society was launching Berkshares at the time and inspired the founders. Key figures Susan Witt and Chris Lindstrom of the society influenced the development of the Current.
- BerksharesminorWell-known local currency in Western Massachusetts that served as inspiration and model for Hudson Valley Current. Featured at the 2004 conference organized by E.F. Schumacher Society.
- Tilda's Kitchen and MarketcoreCommunity cafe and kitchen located at 630 Broadway, Kingston. One of three interdependent streams of the organization, serving community-inspired cuisine while stocking local products. Generates revenue and increases circulation of Currents.
- Midtown LivelycoreHVC's monthly publication dedicated to sharing good news about food, art and exchange in Kingston. Features member profiles, recipes, calendar, and classifieds. Teaches abundance by educating and uplifting readership.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
Hudson Valley Current competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Hudson Valley Current social profiles
Digital presenceHudson Valley Current compliance and trust
Trust signalCompliance3 records
Hudson Valley Current financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hudson Valley Current leadership team
Management profileNumber of profiles
Profiles3 records
Hudson Valley Current funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hudson Valley Current M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hudson Valley Current
What does Hudson Valley Current do?
Hudson Valley Current operates an IRS-recognized community currency ("The Current") that circulates among individual members and more than 450 local businesses in the Hudson Valley region, accessible via web app, iOS/Android apps, and paper notes. Alongside the currency platform, it runs Tilda's Kitchen and Market, a brick-and-mortar cafe and local-goods market, and Midtown Lively, a monthly print and digital publication highlighting the local economy.
Is Hudson Valley Current a public or private company?
Hudson Valley Current is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Hudson Valley Current founded?
Hudson Valley Current was founded in 2014. It employs 1 to 10 people.
Where is Hudson Valley Current based?
Hudson Valley Current is headquartered in West Kingston, United States, in the North America region.
How does Hudson Valley Current make money?
Three revenue lines are on record. Member Business Fees are the primary driver. The others are tilda's Kitchen & Market Revenue and midtown Lively Magazine.
Does Hudson Valley Current have an API?
No public API is recorded for Hudson Valley Current.
What industry is Hudson Valley Current in?
Hudson Valley Current's product category is Community Currency / Alternative Local Currency Platform. Its primary akta.pro industry code is MPAJADAB, Local & Regional Newspapers (Print & Digital), with a secondary code of CRAHALAB, Community-Owned / Nonprofit Grocery Stores. Its NAICS code is 513110 and its SIC code is 5812.