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EIN 47-3589804

Center for Economic Democracy

IRS 501(c) type
501(c)(3)
Num. employees
38
City
Boston
State
Massachusetts
Year formed
2013
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
Center for Economic Democracy is a social movement building organization in the US. Its mission is to grow capacity in communities to transform American capitalism into a more just, sustainable, and democratic economy. In 2021, ced worked in coalition with community partners to amend Boston's city charter, increasing budget discretion for city councilors and introducing participatory budgeting for the city of Boston. Additionally, it provided over 20 hours of educational training to students.
Total revenues
$4,944,735
2023
Total expenses
$4,536,716
2023
Total assets
$16,276,551
2023
Num. employees
38
2023

Program areas at Center for Economic Democracy

Center for Economic Democracy expanded the reach of its educational programming by releasing and promoting free, open source curriculum on economics, politics and history, downloaded by thousands of users across the us. Ced also advocated for and saw the appointment of members to governance bodies of newly created office of participatory budgeting in boston, and the Center for employee ownership in Massachusetts. Ced also managed the solidarity economy initiative fund, which distributed $600k to community organizations and solidarity economy projects through a participatory grant-making process.

Grants made by Center for Economic Democracy

GranteeGrant descriptionAmount
ResistGrant To Resource Organizing Project & Movement Space$150,000
Dudley Street Neighborhood Initiative (DSNI)Grant To Support Community Land Trust$120,000
Neighbor to Neighbor Massachusetts Action FundGrant for General Operating Expenses$20,000
...and 6 more grants made

Who funds Center for Economic Democracy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ImpactAssetsGeneral Support$1,020,000
Novo FoundationGeneral Support$250,000
National Philanthropic TrustPublic, Societal Benefit$250,000
...and 31 more grants received totalling $3,133,506

Personnel at Center for Economic Democracy

NameTitleCompensation
Chrislene DeJeanSenior Director of People and Culture
Aaron TanakaBoard Member$64,897
Shari DavisExecutive Director
Jennifer NearSenior Director of Philanthropy and Investing
Martin FamiliaSenior Director of Finance and Human Resources$100,775
...and 13 more key personnel

Financials for Center for Economic Democracy

RevenuesFYE 12/2023
Total grants, contributions, etc.$4,723,979
Program services$199,341
Investment income and dividends$21,531
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-116
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,944,735

Form 990s for Center for Economic Democracy

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-04990View PDF
2022-122023-10-23990View PDF
2021-122022-10-12990View PDF
2020-122021-09-10990View PDF
2019-122020-09-11990View PDF
...and 2 more Form 990s

Organizations like Center for Economic Democracy

OrganizationLocationRevenue
The Funders NetworkCoral Gables, FL$4,368,529
Center for Rural Affairs (CFRA)Lyons, NE$7,387,243
Asset Funders Network (AFN)Chicago, IL$4,377,951
American Economic Liberties ProjectWashington, DC$3,923,681
Common Future (BALLE)Oakland, CA$5,307,221
Rural CoalitionWashington, DC$5,258,670
The Greenlining InstituteOakland, CA$12,175,730
Rural Development Initiative (RDI)Coburg, OR$1,602,501
Regional Plan AssociationNew York, NY$6,265,077
Federal City CouncilWashington, DC$3,788,268
Data update history
January 6, 2025
Posted financials
Added Form 990 for fiscal year 2023
November 26, 2024
Received grants
Identified 6 new grant, including a grant for $250,000 from Novo Foundation
October 18, 2024
Updated personnel
Identified 5 new personnel
August 26, 2024
Received grants
Identified 1 new grant, including a grant for $100,000 from Boston Children's Chorus (BCC)
August 17, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
MembershipsLobbyingNational levelCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
769 Centre St 143
Boston, MA 02130
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
economicdemocracy.us/ 
Phone
(877) 829-5500
IRS details
EIN
47-3589804
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0274857
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-02-05
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