2023-11-02T09:52:20-07:00 2022-12-31 521738520 Lane & Company CPAs 5335 Wisconsin Ave NW Ste 440 Washington DC 20015 990 2022-01-01 660566096 CENTER FOR A NEW ECONOMY INC CENT 7876221120 PO BOX 9024240 SAN JUAN PR 00902 MIGUEL A SOTO CLASS PRESIDENT 7876221120 2023-11-02 true MIGUEL SOTO CLASS XXX-XX-XXXX true ROBERT E LANE P01622353 2026172615 2023-11-02 X 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z MIGUEL A SOTO CLASS 206 TETUAN STREET SUITE 1002 SAN JUAN PR 00901 1871721 false X WWW.GRUPOCNE.ORG X 1998 PR SEE SCHEDULE O 11 10 12 10 0 0 2309413 1804409 74133 54202 91293 12957 1624 153 2476463 1871721 553503 391059 0 1439162 1279183 0 155243 677313 591985 2669978 2262227 -193515 -390506 2849963 2485015 281254 779760 2568709 1705255 X SEE SCHEDULE O false false 1388577 20045 54202 IN 2022, CNE FOCUSED ITS WORK ON FOUR KEY AREAS TO SUPPORT ITS MISSION: RELIABLE AND ACCESSIBLE ENERGY, LOCALLY-LED RECONSTRUCTION, ENHANCED EFFECTIVENESS OF FEDERAL POLICIES, AND SECURE AND AFFORDABLE HOUSING. IN EACH OF THESE AREAS SEMINAL RESEARCH AND EDUCATIONAL EFFORTS WERE CONDUCTED, SUCH AS AN ANALYSIS OF FEDERAL NUTRITIONAL ASSISTANCE FOR PUERTO RICO, A PROPOSAL FOR A PUERTO RICO RECOVERY TASK FORCE, AN ANALYSIS OF THE IMPACT OF SHORT-TERM RENTALS IN PUERTO RICO, AND THE CONFERENCE "PUERTO RICO'S COLONIAL CONUNDRUM," AMONG OTHERS. THE COMMUNICATIONS TEAM CONITNUED PRODUCING A MONTHLY NEWSLETTER WHERE CNE EXPERTS DIVE DEEP INTO A VARIETY OF ISSUES CONFRONTING PUERTO RICO. 371014 371014 0 DURING 2022, CNE SERVED AS FISCAL SPONSOR FOR CIENCIA PUERTO RICO, INC., A NON-STOCK, NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE COMMONWEALTH OF PUERTO RICO. CIENCIA PUERTO RICO IS AN ORGANIZATION COMPOSED OF SCIENTISTS, PROFESSIONALS, STUDENTS, AND CITIZENS COMMITTED TO THE ADVANCEMENT OF SCIENCE IN PUERTO RICO AND PROMOTING SCIENCE COMMUNICATION, SCIENCE EDUCATION, AND SCIENTIFIC CAREERS. 1759591 true true false true false false false false false false true false false true true false true false false false false false false false false false false true false true false false false false false false false false true false false false false false false false false true 0 0 true 12 true false false false false false false false false false false false false X 11 10 false false true false false false false true true false false true true true true true true true true false X X THE ORGANIZATION 7876221120 206 TETUAN ST STE 1002 BPPR BLDG SAN JUAN PR 00901 EDWIN PEREZ DIRECTOR 1.00 X 0 0 0 CAROLINE MCCONNIE DIRECTOR 1.00 X 0 0 0 ANTONIO LUIS FERRE-RANGEL DIRECTOR 1.00 X 0 0 0 LUIS SILVA DIRECTOR 1.00 X 0 0 0 ELIZABETH CAREY BURWELL DIRECTOR 1.00 X 0 0 0 JOAQUIN BACARDI DIRECTOR 1.00 X 0 0 0 PINSY RIVERA-ORTIZ DIRECTOR 1.00 X 0 0 0 JACQUES CHAPPUIS DIRECTOR 1.00 X 0 0 0 JORGE COLON-GERENA DIRECTOR 1.00 X 0 0 0 ENRIQUE VILA-BIAGGI CHAIRMAN 1.00 X X 0 0 0 MIGUEL A SOTO CLASS PRESIDENT 40.00 X X 241300 0 12689 SERGIO MARXUACH ASSISTANT SECRETARY; POLICY DIRECTOR 40.00 X 158300 0 0 NURIA ORTIZ SECRETARY; EXECUTIVE DIRECTOR 40.00 X 104800 0 0 CARMEN VARGAS TREASURER; FINANCE & ADMINISTRATIVE DIRECTOR 40.00 X 98300 0 11370 DEEPAK LAMBA RESEARCH DIRECTOR 40.00 X 129300 0 3481 732000 0 27540 4 false true false 1804409 100399 1804409 MANAGEMENT FEE 900099 54202 0 0 54202 12957 0 12957 OTHER INCOME 900099 153 153 0 0 153 1871721 54355 0 12957 391059 391059 626759 483855 77694 65210 538218 415502 66719 55997 32327 24957 4007 3363 81879 63210 10150 8519 5145 0 5145 0 56493 0 56493 0 86775 86775 0 0 42034 41845 0 189 67307 53723 8211 5373 7166 0 7166 0 103359 83467 11935 7957 76114 70407 0 5707 17852 0 17852 0 45833 0 45833 0 23466 11733 11733 0 TAXES 3955 0 3955 0 DUES & SUBSCRIPTIONS 33058 33058 0 0 BAD DEBT 5000 0 5000 0 MISCELLANEOUS 18428 0 15500 2928 2262227 1759591 347393 155243 352802 332051 114916 19816 161 158 552836 449900 138404 102936 2243680 1861555 168499 2849963 2485015 281254 97029 516033 166698 281254 779760 X 2515723 1650726 52986 54529 2568709 1705255 2849963 2485015 -390506 -472948 X false true X true false X 0 5192947 2819151 1646810 2309413 1804409 13772730 0 0 5192947 2819151 1646810 2309413 1804409 13772730 4658000 9114730 22006 58611 28766 91293 12957 213633 0 431 1660 1624 153 3868 13990231 0.65150 0.63230 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: OTHER INCOME 2018: 431. 2019: 1660. 2021: 1624. 2022: 153. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 2262227 2262227 263111 65778 0 0 313914 229876 286832 263111 1093733 1640600 10004 2261 0 0 12265 78479 57469 71708 65778 273434 410151 344 532 0 0 876 0 0 193874 129978 63896 284563 245523 39040 74399 74399 0 102936 RIGHT OF USE ASSET - OFFICE LEASE 168499 168499 LEASE LIABILITY 166698 166698 1398773 -472948 -472948 1871721 1871721 2262227 2262227 2262227 true CIENCIA PUERTO RICO 167 PONCE DE LEON AVE SAN JUAN PR 00917 660911980 501C3 371014 EDUCATIONAL SUPPORT 1 Pt I Line 2 IN ORDER TO GRANT A CONTRIBUTION TO ANOTHER NON-PROFIT ORGANIZATION, CNE REQUESTS A FORMAL PROPOSAL WITH A DETAILED BUDGET FOR THE AMOUNT REQUESTED AND PERFORMS A DUE DILIGENCE PROCESS ON THE PROSPECTIVE GRANTEE. IF DETERMINED FAVORABLE, A MEMORANDUM OF UNDERSTANDING IS SIGNED BETWEEN CNE AND A DESIGNATED REPRESENTATIVE OF THE PROSPECTIVE GRANTEE. THE MOU ESTABLISHES, AMONG OTHER AGREEMENTS, PAYMENT DISTRIBUTION DATES WHICH ARE CONTNGENT UPON DELIVERY OF NARRATIVE AND FINANCIAL REPORTS BY SPECIFIED DUE DATES. X true true X X X X false false false false false false false false false MIGUEL A SOTO CLASS 191000 0 50300 0 0 0 0 0 12689 0 253989 0 0 0 SERGIO MARXUACH 140000 0 18300 0 0 0 0 0 0 0 158300 0 0 0 X 1 100399 FMV false false false Pt VI, Line 4 DURING 2022, THE ORGANIZATION MADE THE FOLLOWING SIGNIFICANT CHANGES TO ITS BY-LAWS: 1) ESTABLISHED THAT THE BOARD OF DIRECTORS MUST AT MINIMUM INCLUDE SEVEN MEMBERS, 2) ESTABLISHED PROVISIONS FOR THE REMOVAL OF A MEMBER OF THE BOARD OF DIRECTORS, 3) INCREASED THE NUMBER OF MEMBERS CONSTITUTING A QUORUM, 4) ESTABLISHED THAT A MAJORITY OF THE BOARD OF DIRECTORS MUST APPROVE THE APPOINTMENT OF COMMITTEES, 5) REMOVED THE TERM OF OFFICE FOR OFFICERS, AND 6) ESTABLISHED PROVISIONS FOR THE REMOVAL OF AN OFFICER. Pt VI, Line 11b BEFORE FILING THE FORM 990, A FINAL COPY IS SENT TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW. AFTER THE BOARD COMPLETES ITS REVIEW, THE FORM 990 IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. Pt VI, Line 12c ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO CERTIFY THEIR COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ON A YEARLY BASIS AND REPORT ANY POTENTIAL CONFLICTS TO THE BOARD CHAIR. Pt VI, Line 15a THE PRESIDENT'S SALARY IS REVIEWED AND DETERMINED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. Pt VI, Line 15b ALL STAFF SALARIES AND BONUSES ARE DETERMINED BY THE PRESIDENT WITH INPUT FROM THE BOARD OF DIRECTORS. Pt VI, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Other PART I, LINE 1 & PART III, LINE I: THE CENTER FOR A NEW ECONOMY (CNE) IS AN INDEPENDENT, NON-PARTISAN THINK TANK THAT ADVOCATES FOR THE DEVELOPMENT OF A NEW ECONOMY FOR PUERTO RICO. FOUNDED IN 1998, CNE PRODUCES RIGOROUS PUBLIC POLICY RESEARCH AND ANALYSIS, AND IS ONE OF THE MOST CREDIBLE AND INFLUENTIAL VOICES ON PUERTO RICO'S ECONOMY. AS A THINK TANK, WE ARE GUIDED BY THE FOLLOWING VALUES: INDEPENDENCE, IMPACT, AND INTELLECTUAL QUALITY.