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EIN 13-3842270

New Economy Project

IRS 501(c) type
501(c)(3)
Num. employees
17
City
New York
State
New York
Year formed
1995
Most recent tax filings
2024-06-01
NTEE code, primary
S31: Urban, Community Economic Development
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
$3,886,355
2024
Total expenses
$2,334,572
2024
Total assets
$8,893,886
2024
Num. employees
17
2024

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$475,000
DEMOS A Network For Ideas and ActionSubgrant: Public Banking Legislation$200,000
New York Community TrustFor Program Support.$175,000
...and 13 more grants received

Personnel at New Economy Project

NameTitleCompensation
Deyanira del RioExecutive Director$169,254
Grace ChungDevelopment Director$127,000
Susan ShinLegal Director$137,375
Matt WildeyFinance and Operations Manager
Sarah LudwigDirector - 12 and 2023$175,795

Financials for New Economy Project

RevenuesFYE 06/2024
Total grants, contributions, etc.$3,547,887
Program services$144,058
Investment income and dividends$190,138
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$4,272
Total revenues$3,886,355

Form 990s for New Economy Project

Fiscal year endingDate received by IRSFormPDF link
2024-062025-01-28990View PDF
2023-062024-05-06990View PDF
2022-062023-02-20990View PDF
2021-062022-04-01990View PDF
2021-062022-03-21990View PDF
...and 11 more Form 990s

Organizations like New Economy Project

OrganizationLocationRevenue
Rise EconomySan Francisco, CA$3,037,746
Smart Growth AmericaWashington, DC$11,543,859
NW Energy CoalitionSeattle, WA$2,103,001
TechEquity CollaborativeMartinez, CA$2,220,886
Economic DevelopmentWashington, DC$2,593,485
Los Angeles Alliance for a New Economy (LAANE)Los Angeles, CA$3,687,556
The Regensis InstituteSpartanburg, SC$3,710,515
Cypress Hills Local Development Corporation (CHLDC)Brooklyn, NY$18,937,282
Common Ground AllianceAlexandria, VA$5,805,535
Metrolab NetworkWashington, DC$1,140,128
Data update history
April 3, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 14, 2025
Received grants
Identified 8 new grant, including a grant for $475,000 from Robin Hood Foundation / Tudor Charitable TR
November 26, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Americans for Financial Reform Education Fund
August 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 2, 2024
Updated personnel
Identified 1 new personnel
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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