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New Economy Project Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133842270 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is New Economy Project Inc?

New Economy Project Inc, situated in New York City, is a nonprofit organization dedicated to promoting an equitable and sustainable economy for all New Yorkers. Rooted in racial and social justice, cooperation, neighborhood equity, and ecological sustainability, their mission is to combat systemic discrimination and develop the necessary institutions, policies, and public support for a just economy. By collaborating with community groups, New Economy Project works tirelessly to foster lasting transformational change. With a staff of 18 individuals, they provide strategic, organizing, and legal support for various economic justice and community-based economic development matters.


Official website here: www.neweconomynyc.org

Is New Economy Project Inc legitimate?

New Economy Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Economy Project Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $279,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $865,757

For more financial information, click here


Official website here: www.neweconomynyc.org

What is the mission statement of New Economy Project Inc?

The New Economy Project Inc's mission is centered around establishing an economy that caters to the needs of all New Yorkers, deeply rooted in racial and social justice, cooperation, neighborhood equity, and ecological sustainability. The organization partners with community groups to combat systemic discrimination and construct the necessary institutions, policies, and public support required for a fair economy. They believe that a dual strategy of challenging discrimination and establishing supportive structures is essential to bring about lasting, transformative change.


Official website here: www.neweconomynyc.org

Who is the CEO of New Economy Project Inc?

Sarah I Ludwig is the Founder/Co-Dir. of New Economy Project Inc.


Official website here: www.neweconomynyc.org

What is the revenue of New Economy Project Inc?

New Economy Project Inc's revenue in 2022 was $2,539,843.


Official website here: www.neweconomynyc.org

Who are the executives of New Economy Project Inc and what are their salaries?

The average compensation at New Economy Project Inc during 2022 was $63,611. There are 18 employees and 15 volunteers at New Economy Project Inc.

Here are 12 key members and their salaries:

    Sarah I Ludwig (Founder/Co-Dir.)
  • Compensation: $138,006
  • Related: $0
  • Other: $18,999

    • Deyanira Del Rio (Co-Director)
  • Compensation: $129,018
  • Related: $0
  • Other: $5,853

    • Akilah Browne (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Barnett (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Springer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raun Rasmussen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brendan Martin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Levy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Azadeh Khalili (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shabnam Faruki (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Ching (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Partis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.neweconomynyc.org

    Where can I find the form 990 for New Economy Project Inc?

    The New Economy Project Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.neweconomynyc.org

    Learn more at the official website: www.neweconomynyc.org

    Mission Statement of New Economy Project Inc

    The New Economy Project Inc is committed to building an economy that benefits all New Yorkers, grounded in racial and social justice, cooperation, neighborhood equity, and ecological sustainability. This mission-driven organization collaborates with community groups to combat systemic discrimination and establishes the necessary institutions, policies, and public support for a fair economy. The New Economy Project believes that employing a dual strategy of challenging discrimination and advancing institutional change is essential for achieving lasting, transformative change.

    Impact

    This information is meant to be a general summary of New Economy Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    New Economy Project Inc's impact is focused on building an economy that works for all New Yorkers, rooted in racial and social justice, cooperation, neighborhood equity, and ecological sustainability. The organization provides organizing, strategic, and legal support on a broad range of economic justice and community-based economic development matters. By working with community groups to fight systemic discrimination and build institutions, policies, and public support needed for a just economy, New Economy Project believes in achieving lasting transformational change.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,015
  • Program Service Revenue: $66,450
  • Gross Receipts: $2,539,843

    • Assets and Liabilities:
  • Total Assets: $7,483,588
  • Total Liabilities: $77,930
  • Net Assets: $7,405,658
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM FEE REVENUE

    Revenue

    $66,450

    Organization Details

    Founding Year

    1995

    Principal Officer

    Sarah I Ludwig

    Main Address

    121 WEST 27TH STREET 804, NEW YORK, NY, 10001

    NTEE Category

    Code: S31 - Community improvement

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