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Schumacher Ctr For A New Economics Inc

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

EIN: 461421645 ✦ Great barrington, MA ✦ Designated as a 501(c)(3)

Overview

What is Schumacher Ctr For A New Economics Inc?

Schumacher Ctr For A New Economics Inc, located in Great Barrington, Massachusetts, is a nonprofit organization with a mission to educate the public about an economic system that benefits both people and the planet. They provided significant assistance, development, and administrative oversight for Berkshares, a local currency designed to promote self-sufficient, regional economies. Their efforts included creating educational materials, integrating with bank operations, hosting events, and representing the project to other communities. Berkshares collaborated with a blockchain developer to create a digital component, launching its beta version in March 2022. The digital Berkshares were backed one-to-one with federal dollars held at two local banks, and 600 digital accounts were opened, including 125 businesses. The Berkshares program serves approximately 10,000 people regionally and reaches over 50,000 people nationally and internationally through media and the internet. The organization, with 11 employees, plays a crucial role in fostering sustainable economic practices and awareness.


Official website here: www.centerforneweconomics.org

Is Schumacher Ctr For A New Economics Inc legitimate?

Schumacher Ctr For A New Economics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schumacher Ctr For A New Economics 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: $110,664
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,997

For more financial information, click here


Official website here: www.centerforneweconomics.org

What is the mission statement of Schumacher Ctr For A New Economics Inc?

The Schumacher Center for a New Economics Inc's mission is centered around education, aiming to enlighten the public about an economic system that benefits both people and the planet. Their primary objective is to educate individuals on the importance of sustainable, self-sufficient, and regionally focused economies. To achieve this, the center provides research assistance, development, and administrative oversight for projects like Berkshares, a local currency designed to promote these principles. They develop educational materials, integrate the currency with bank operations, and host events to share knowledge with other communities studying similar programs. The Berkshares project, which serves 10,000 people locally and reaches over 50,000 individuals nationally and internationally through media, is a testament to their dedication to this mission.


Official website here: www.centerforneweconomics.org

Who is the CEO of Schumacher Ctr For A New Economics Inc?

Matthew Stinchcomb is the Executive Di of Schumacher Ctr For A New Economics Inc.


Official website here: www.centerforneweconomics.org

What is the revenue of Schumacher Ctr For A New Economics Inc?

Schumacher Ctr For A New Economics Inc's revenue in 2022 was $672,691.


Official website here: www.centerforneweconomics.org

Who are the executives of Schumacher Ctr For A New Economics Inc and what are their salaries?

The average compensation at Schumacher Ctr For A New Economics Inc during 2022 was $34,333. There are 11 employees at Schumacher Ctr For A New Economics Inc.

Here are 13 key members and their salaries:

    Susan C Witt (Executive Di)
  • Compensation: $122,000
  • Related: $0
  • Other: $0

    • Agatha Bacelar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jodie Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Severine Von Tscharner Fleming (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Fletcher-Hill (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hildegarde Hannum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brooke Lehman (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alice Maggio (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Mander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Stinchcomb (Pres Of Bd O) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kali Akuno Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sebastian Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.centerforneweconomics.org

    Where can I find the form 990 for Schumacher Ctr For A New Economics Inc?

    The Schumacher Ctr For A New Economics Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.centerforneweconomics.org

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

    Mission Statement of Schumacher Ctr For A New Economics Inc

    The Schumacher Center for a New Economics Inc is a nonprofit organization committed to educating the public about an economics that supports both people and the planet. This mission is accomplished through various initiatives, one of which is the Local Currency Project. In this project, the center provided research assistance, development, and administrative oversight for Berkshares, a local currency designed to educate citizens about the importance of vibrant, self-sufficient, regional economies. The center created educational materials for both print and online use, developed systems for integrating with bank operations, hosted media and representatives of communities studying the program, and represented Berkshares in various forums. Berkshares has also collaborated with a blockchain developer to build a digital component of the currency, with a beta version launched in March 2022. The digital Berkshares are backed one to one with federal dollars held on deposit at two local banks, and 600 digital accounts have been opened, including 125 businesses. The Berkshares program serves 10,000 people regionally and reaches over 50,000 people nationally and internationally through media and the internet.

    Impact

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




    Wednesday, July 24, 2024

    Schumacher Center for a New Economics Inc has made a significant impact by promoting an economics that supports both people and the planet. One of their key initiatives is the development and promotion of BerkShares, a local currency designed to educate citizens about the importance of vibrant, self-sufficient, regional economies. This project has reached 10,000 individuals regionally and over 50,000 people nationally and internationally through media and internet outreach.

    Their work in developing educational materials, collaborating with blockchain developers for a digital currency component, and facilitating the integration of BerkShares with bank operations showcases their commitment to innovative solutions for sustainable economic practices. By engaging with communities and advocating for alternative economic models, Schumacher Center for a New Economics Inc is playing a vital role in advancing the conversation on creating a more equitable and ecologically sustainable world.





    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: $0
  • Program Service Revenue: $1,500
  • Gross Receipts: $680,895

    • Assets and Liabilities:
  • Total Assets: $912,234
  • Total Liabilities: $4,021
  • Net Assets: $908,213
  • Programs

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

    SPEAKING FEES

    Revenue

    $1,500

    Organization Details

    Founding Year

    2012

    Principal Officer

    Matthew Stinchcomb

    Main Address

    140 JUG END ROAD, GREAT BARRINGTON, MA, 01230

    NTEE Category

    Code: V22 - Social research

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