EIN 13-3842270

New Economy Project

IRS 501(c) type
501(c)(3)
Num. employees
15
Year formed
1995
Most recent tax filings
2023-06-01
Description
New Economy Project works with community groups to build a new economy that works for all, based on principles of cooperation, democracy, equity, racial justice, and ecological sustainability. Our work focuses on campaigns to challenge corporations that harm communities and perpetuate inequality and poverty; and efforts to build strong local economies, by fostering democratically-structured, community-controlled initiatives such as worker cooperatives, community development credit unions, community land trusts, and mutual housing.
Also known as...
Neighborhood Economic Development Advoca
Total revenues
$2,004,097
2023
Total expenses
$2,156,817
2023
Total assets
$7,327,942
2023
Num. employees
15
2023

Program areas at New Economy Project

To provide organizing, strategic and legal support on a broad range of economic justice and community-based economic development matters.

Grants made by New Economy Project

GranteeGrant descriptionAmount
New York Public Interest Research Group FundSee Part Iv$7,000
East New York CLTSee Part Iv$7,000

Who funds New Economy Project

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Robin Hood Foundation / Tudor Charitable TRPoverty Relief$200,000
The Ford FoundationCore Support for the Public Bank Campaign To Build A Broader Base of Support for Local State-Chartered Public Banks As A Means To Achieve Shared Prosperity and Economic Security for All New Yorkers$200,000
Marty and Dorothy Silverman FoundationGeneral Donation$100,000
...and 13 more grants received

Personnel at New Economy Project

NameTitleCompensation
Deyanira del RioExecutive Director$147,543
Grace ChungDevelopment Director$125,750
Susan ShinLegal Director$126,875
Sarah LudwigFounder and Director$162,229
Jennifer ChingVice President / Board Member$0
...and 7 more key personnel

Financials for New Economy Project

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,714,422
Program services$198,300
Investment income and dividends$91,375
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,004,097

Form 990s for New Economy Project

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-06990View PDF
2022-062023-02-20990View PDF
2021-062022-04-01990View PDF
2021-062022-03-21990View PDF
2020-062021-05-20990View PDF
...and 10 more Form 990s

Organizations like New Economy Project

OrganizationLocationRevenue
Rise EconomySan Francisco, CA$1,187,930
BLDG MemphisMemphis, TN$792,481
Economic DevelopmentWashington, DC$2,593,485
Delaware Community Reinvestment Action CouncilWilmington, DE$944,161
NW Energy CoalitionSeattle, WA$1,812,353
Prosperity IndianaIndianapolis, IN$830,837
TechEquity CollaborativeMartinez, CA$2,220,886
LIFT OrlandoOrlando, FL$7,841,342
Los Angeles Alliance for a New Economy (LAANE)Los Angeles, CA$6,250,476
Community Data RoundtablePittsburgh, PA$683,407
Data update history
August 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 2, 2024
Updated personnel
Identified 1 new personnel
July 12, 2024
Received grants
Identified 1 new grant, including a grant for $100,000 from Marty and Dorothy Silverman Foundation
May 18, 2024
Received grants
Identified 8 new grant, including a grant for $200,000 from Robin Hood Foundation / Tudor Charitable TR
December 23, 2023
Received grants
Identified 4 new grant, including a grant for $75,000 from Stolper Fertik Family Foundation Uad 121014
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Political advocacyLobbyingReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
121 W 27th St 804
New York, NY 10001
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
neweconomynyc.org/ 
Phone
(212) 680-5100
Facebook page
NewEconomyProject 
Twitter profile
@neweconomynyc 
IRS details
EIN
13-3842270
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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