2023-11-06T13:57:40-06:00 2022-12-31 521073331 DEMBO JONES PC 6116 EXECUTIVE BLVD SUITE 500 NORTH BETHESDA MD 20852 990 2022-01-01 474464400 WASHINGTON CENTER FOR EQUITABLE GROWTH INC WASH 2025456002 740 15TH STREET NW 8TH FLOOR WASHINGTON DC 20005 SHAYNA STROM PRESIDENT AND CEO 2025456002 2023-11-02 1 SHAYNA STROM XXX-XX-XXXX 0 BRENT A CROGHAN CPA P00846741 3017705100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X SHAYNA STROM 740 15TH STREET NW 8TH FLOOR WASHINGTON DC 20005 6193469 0 X WWW.EQUITABLEGROWTH.ORG X 2015 DC THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS A NON-PROFIT RESEARCH AND GRANTMAKING ORGANIZATION DEDICATED TO IMPROVING THE UNDERSTANDING OF EQUITABLE GROWTH AND INEQUALITY BY SUPPORTING NEW ACADEMIC RESEARCH AND BRINGING TOGETHER SCHOLARS TO SHARE THEIR WORK - BUILD A STRONGER BRIDGE BETWEEN ACADEMICS AND POLICYMAKERS TO HELP ENSURE THAT RESEARCH ON EQUITABLE GROWTH AND INEQUALITY IS RELEVANT, ACCESSIBLE, AND INFORMATIVE TO THE POLICYMAKING PROCESS -SHARE A RIGOROUS, FACT BASED NATIONAL DEBATE ON EQUITABLE GROWTH AND INEQUALITY BY FACILITATING SCHOLARS' PARTICIPATION IN THE MEDIA AND INVESTING IN A SOPHISTICATED IN-HOUSE COMMUNICATIONS AND SOCIAL MEDIA EFFORT. 5 5 53 5 0 0 8545000 6132361 0 0 1387 1187 32205 59921 8578592 6193469 1405373 1152926 0 0 5366917 5998095 7575 0 356752 1713744 1845772 8493609 8996793 84983 -2803324 11979868 9084135 1268761 1176352 10711107 7907783 X THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS A NON-PROFIT RESEARCH AND GRANTMAKING ORGANIZATION DEDICATED TO ADVANCING EVIDENCE-BACKED IDEAS AND POLICIES THAT PROMOTE STRONG, STABLE, AND BROAD-BASED ECONOMIC GROWTH. 0 0 2438009 1152926 ACADEMIC PROGRAMS: EQUITABLE GROWTH'S GRANTS AND RESEARCH PROGRAMS AIM TO IMPROVE OUR UNDERSTANDING OF INEQUALITY AND GROWTH BY SUPPORTING NEW RESEARCH AND BRINGING SCHOLARS TOGETHER TO SHARE THEIR WORK. 599513 NARRATIVE BUILDING: EQUITABLE GROWTH'S TEAM ELEVATES NEW RESEARCH AND POLICY-RELEVANT ANALYSIS BY INVESTING AND ENGAGING IN ROBUST OUTREACH TO ENSURE NEW FINDINGS ARE DISCUSSED PROMINENTLY IN ACADEMIC AND POLICY CIRCLES IN WASHINGTON AND AROUND THE COUNTRY. 1493544 COMMUNICATIONS AND MARKETING: EQUITABLE GROWTH'S TEAM WORKS TO BUILD A STRONGER BRIDGE BETWEEN ACADEMICS AND POLICYMAKERS TO HELP ENSURE THAT RESEARCH ON INEQUALITY AND GROWTH IS CREDIBLE, RELEVANT, ACCESSIBLE, AND INFORMATIVE TO THE POLICYMAKING PROCESS. 2087399 OTHER PROGRAM SERVICES INCLUDE: FAMILY ECONOMIC SECURITY, COMPETITION, TAXATION OF CAPITAL, BOOSTING WAGE GROWTH, MEASURING ECONOMIC PROGRESS, MACROECONOMIC POLICY FRAMEWORK, MOBILITY, AND GOVERNMENTAL EXTERNAL RELATIONS. 2087399 6618465 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 50 0 1 53 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X KATHERINE BANKS 2025456002 740 15TH STREET NW 8TH FLOOR WASHINGTON DC 20005 JOHN PODESTA CHAIRMAN OF BOARD (UNTIL AUG'22) 1.00 X X 0 0 0 STEVE DAETZ SECRETARY/TREAS, CHAIRMAN AT AUG'22 1.00 X X 0 0 0 BYRON AUGUSTE ASST SECRETARY/TREASURER 1.00 X X 0 0 0 MEHRSA BARADADAN MEMBER AT LARGE 1.00 X 0 0 0 IRA FISHMAN MEMBER AT LARGE 1.00 X 0 0 0 SHAYNA STROM INTERIM PRESIDENT (AS OF SEPT '22) 40.00 X X 67489 0 182 MICHELLE HOLDER PHD PRESIDENT & CEO (UNTIL JULY 2022) 32.00 X X 123733 0 20737 MELISSA GROBER-MORROW VICE PRESIDENT 40.00 X X 185102 0 32327 KATHERINE BANKS DIRECTOR OF FINANCE & ADMIN 40.00 X X 130411 0 30326 EDWARD PAISLEY EDITORIAL DIRECTOR & SR ADV 40.00 X 187875 0 43710 JONATHAN FISHER RESEARCH ADVISOR 40.00 X 182893 0 23547 MARYAM JANANI POLICY DIRECTOR 40.00 X 168474 0 16716 KATHERINE BAHN DIRECTOR OF LABOR MARKET POLICY & CHIEF ECONOMIST 40.00 X 150471 0 16858 ELENA WASKEY SENIOR DIRECTOR OF COMMUNICATIONS AND MARKETING 40.00 X 147319 0 23100 1343767 0 207503 16 0 1 0 0 49999 6082362 6132361 1187 1187 OTHER INCOME 900099 59921 59921 59921 6193469 59921 0 1187 1062926 1062926 90000 90000 590307 188285 269897 132125 4323284 3389952 856013 77319 228688 178550 45287 4851 451193 358886 84932 7375 404623 298207 90454 15962 33505 28479 5026 42421 36058 6363 633484 256366 320550 56568 19065 12136 5889 1040 311430 229524 69620 12286 397577 293014 88879 15684 31524 31025 424 75 68266 58298 8473 1495 139025 102461 31079 5485 18550 13671 4147 732 MEMBERSHIP AND SUBSCRIP 64440 4467 50977 8996 STAFF DEVELOPMENT 36956 14716 18904 3336 OTHER EXPENSES 24906 17834 6009 1063 EQUIPMENT RENTAL AND MA 24623 18147 5505 971 8996793 6618465 2021576 356752 9067561 8063969 2500000 757328 63957 142057 110994 66768 393468 339455 198986 54013 38370 0 11979868 9084135 494384 488674 744396 687678 29981 0 1268761 1176352 X 6709774 4203346 4001333 3704437 10711107 7907783 11979868 9084135 -2803324 0 X X 0 1 X 1 0 X 9301287 9842242 10759000 8545000 6132361 44579890 9301287 9842242 10759000 8545000 6132361 44579890 31654316 12925574 38396 77739 81446 28110 1187 226878 63603 5210 12294 5482 59921 146510 44953278 0.28750 0.26310 X THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS AN ACTIVE CHARITY DEDICATED TO ADVANCING EVIDENCE-BACKED IDEAS AND POLICIES THAT PROMOTE STRONG, STABLE, AND BROAD-BASED ECONOMIC GROWTH. WE DO THIS VIA GRANTMAKING AND RESEARCH, POSTING THIS ANALYSIS TO OUR PUBLIC WEBSITE AND VIA OTHER MEANS. FOR THE 2022 YEAR, OUR PUBLIC SUPPORT TEST REACHED 28.75%, WHICH FALLS SHORT OF THE 33 1/3 TEST. FOR THE 2021 YEAR, OUR PUBLIC SUPPORT TEST REACHED 26.31%, WHICH FALLS SHORT OF THE 33 1/3 TEST. WHILE WE HAVE NOT YET REACHED THE GOAL OF 33 1/3% OR MORE, WE CONTINUE TO ACTIVELY WORK TO DIVERSIFY OUR REVENUE BASE, SO WE CAN MAKE IMPROVEMENTS IN FUTURE YEARS, ULTIMATELY MEETING THE GOAL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20768 20768 8976025 8996793 599840 149960 0 0 550927 603370 574680 599840 2328817 3493226 26887 16809 15320 20768 79784 137732 150843 143670 149960 582205 873308 393468 339455 54013 54013 X 6193469 0 6193469 0 6193469 8996793 0 8996793 0 8996793 PART X, LINE 2: EQUITABLE GROWTH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. EQUITABLE GROWTH IS SUBJECT TO TAX ON ANY UNRELATED BUSINESS INCOME THAT IT MAY GENERATE. EQUITABLE GROWTH HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2022 AND 2021. EQUITABLE GROWTH IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. EQUITABLE GROWTH'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. 1 GEORGE WASHINGTON UNIVERSITY 1922 F STREET NW - 4TH FLOOR WASHINGTON DC 20052 530196584 501(C)(3) 65000 0 LABOR UNIONS AND WORKPLACE SAFETY BEFORE AND DURING THE COVID-19 PANDEMIC GEORGIA STATE UNIVERSITY PO BOX 3999 ATLANTA GA 30302 586033185 501(C)(3) 67273 0 HBCU ENROLLMENT AND LONGER-TERM OUTCOMES PRESIDENT AND FELLOWS OF HARVARD COLLEGE 1635 TREMONT STREET BOSTON MA 02120 042103580 501(C)(3) 75000 0 CONSOLIDATION IN DRUG MARKETS: IMPACT ON PRICES AND ACCESS PRESIDENT AND FELLOWS OF HARVARD COLLEGE 1635 TREMONT STREET BOSTON MA 02120 042103580 501(C)(3) 75000 0 THE PRICE EFFECTS OF MARKET POWER PRESIDENT AND FELLOWS OF HARVARD COLLEGE 1635 TREMONT STREET BOSTON MA 02120 042103580 501(C)(3) 15000 0 RACIAL DISPARITIES IN HEAT EXPOSURE REGENTS OF THE UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET FIRST FLOOR WOLVERINE TOWER ANN ARBOR MI 48109 386006309 501(C)(3) 70000 0 THE EFFECTS OF THE CHILD TAX CREDIT ON THE ECONOMIC WELLBEING OF FAMILIES WITH LOW INCOMES REGENTS OF THE UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET FIRST FLOOR WOLVERINE TOWER ANN ARBOR MI 48109 386006309 501(C)(3) 33348 0 MUNICIPAL NEIGHBORHOOD EFFECTS: ESTIMATING THE INDEPENDENT ASSOCIATION BETWEEN CHILDHOOD JURISDICTION AND LIFE OUTCOMES TRUSTEES OF BOSTON UNIVERSITY 25 BUICK STREET SUITE 200 BOSTON MA 02215 042103547 501(C)(3) 15000 0 THE SELF-TAUGHT ECONOMY: OPEN ACCESS AND INCLUSION IN THE TECH INDUSTRY TRUSTEES OF COLUMBIA UNIVERSITY 606 WEST 122ND STREET NEW YORK NY 10027 135598093 501(C)(3) 80000 0 LOW-INCOME BORROWERS AND PAYDAY LENDERS: A QUALITATIVE STUDY TRUSTEES OF COLUMBIA UNIVERSITY 606 WEST 122ND STREET NEW YORK NY 10027 135598093 501(C)(3) 15000 0 THE IMPACT OF NATURAL DISASTERS ON FIRM AND LABOR DYNAMICS TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA 3451 WALNUT STREET PHILADELPHIA PA 19104 231352685 501(C)(3) 40000 0 THE CARE WORK SYSTEM AS A FUNDAMENTAL CAUSE OF ECONOMIC INEQUALITIES UNIVERSITY OF CHICAGO 5807 SOUTH WOODLAWN AVENUE CHICAGO IL 60637 362177139 501(C)(3) 74929 0 INEQUALITY AND TARGETING OF DISAGGREGATED POLICY UNIVERSITY OF CHICAGO 5807 SOUTH WOODLAWN AVENUE CHICAGO IL 60637 362177139 501(C)(3) 15000 0 CONCENTRATION AND RACIAL EQUITY IN MEAT PROCESSING BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS 506 S WRIGHT STREET URBANA IL 61801 376000511 501(C)(3) 75000 0 THE ROLE OF STATE POLICY IN REDUCING DISPARITIES IN UNEMPLOYMENT INSURANCE RECIPIENCY UNIVERSITY OF MARYLAND COLLEGE PARK 7809 REGENTS DRIVE 3112 LEE BUILDING COLLEGE PARK MD 20742 526002033 501(C)(3) 75000 0 THE EFFECTS OF TECH M&AS ON INNOVATION INCENTIVES UNIVERSITY OF MARYLAND COLLEGE PARK 7809 REGENTS DRIVE 3112 LEE BUILDING COLLEGE PARK MD 20742 526002033 501(C)(3) 15000 0 STARTUPS' COMMON OWNERSHIP AND COMPETITION IN TECHNOLOGY MARKETS REGENTS OF THE UNIVERSITY OF MINNESOTA 200 OAK STREET SE 450 MCNAMARA ALUMNI CENTER MINNEAPOLIS MN 55455 416007513 501(C)(3) 89806 0 INEQUALITY IN HEALTH RETURNS TO LOCAL LABOR MARKETS: EXTRACTION BOOMS AND MORTALITY AMONG NATIVE AMERICANS UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON STREET SUITE 414 COLUMBIA SC 29208 576001153 501(C)(3) 85000 0 EXPLORING DISPARATE IMPACT IN ONLINE RETAILING 18 DOCTORAL/POST-DOCTORAL 7 90000 PART I, LINE 2: INTERIM NARRATIVE AND FINANCIAL REPORTS ARE DUE PERIODICALLY THROUGHOUT THE LIFE OF THE GRANT, TYPICALLY AT THE HALFWAY POINT FOR 12 TO 24 MONTHS GRANT, MORE FREQUENTLY FOR GRANTS WHOSE TERMS ARE LONGER THAN 24 MONTHS. NARRATIVE REPORTS MUST BE SIGNED BY THE PRINCIPAL INVESTIGATOR AND SHOULD DESCRIBE PROGRESS, OBSTACLES, PRELIMINARY FINDINGS, IF ANY, AND ANY PLANS TO PRESENT/DISCUSS THE WORK. FINANCIAL REPORTS MUST SHOW HOW MUCH HAS BEEN SPENT AND ON WHAT, AND MUST BE SIGNED BY THE OFFICER OF THE UNIVERSITY. X X 0 0 0 0 0 0 0 0 0 MELISSA GROBER-MORROW VICE PRESIDENT 185102 0 0 0 0 0 9772 0 22555 0 217429 0 0 0 KATHERINE BANKS DIRECTOR OF FINANCE & ADMIN 130411 0 0 0 0 0 7537 0 22789 0 160737 0 0 0 EDWARD PAISLEY EDITORIAL DIRECTOR & SR ADV 187875 0 0 0 0 0 10648 0 33062 0 231585 0 0 0 JONATHAN FISHER RESEARCH ADVISOR 182893 0 0 0 0 0 9392 0 14155 0 206440 0 0 0 MARYAM JANANI POLICY DIRECTOR 168474 0 0 0 0 0 9251 0 7465 0 185190 0 0 0 KATHERINE BAHN DIRECTOR OF LABOR MARKET POLICY & CH 150471 0 0 0 0 0 8350 0 8508 0 167329 0 0 0 ELENA WASKEY SENIOR DIRECTOR OF COMMUNICATIONS AN 147319 0 0 0 0 0 8168 0 14932 0 170419 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD WILL RECEIVE THE 990 VIA EMAIL FOR REVIEW AND IT WILL BE DISCUSSED AT THE NEXT BOARD MEETING AS REQUESTED BY THEM. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY, NEW BOARD MEMBERS WILL COMPLETE QUESTIONNAIRES UPON JOINING, THEN ANNUALLY WITH THE OTHER BOARD MEMBERS. OUTSIDE OF THIS TIME-LINE THE ORGANIZATION WOULD ASK FOR A QUESTIONNAIRE TO BE UPDATED IF THEY ARE MADE TERTIARILY AWARE OF ANY CHANGES FOR A SPECIFIC BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 IN 2022, WE HIRED A COMPENSATION FIRM, PRM CONSULTING, TO CONDUCT A MARKET ANALYSIS OF OUR PAY BANDS AND TO BENCHMARK SALARIES AND TOTAL COMPENSATION PACKAGES FOR SPECIFIC POSITIONS, INCLUDING THE CEO AND OTHER KEY EMPLOYEES, INCLUDING VICE PRESIDENT, DIRECTOR OF FINANCE, COMMUNICATIONS DIRECTOR, AND POLICY DIRECTOR. THE ANALYSIS INCLUDED COMPARABILITY DATA FOR NONPROFITS OF SIMILAR SIZE WITHIN THE WASHINGTON, DC METROPOLITAN AREA. THIS DATA WAS REVIEWED BY BOARD MEMBERS TO DETERMINE CEO PAY AND IS USED TO ASSESS COMPENSATION FOR POSITIONS ACROSS THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 WE DO NOT MAKE THESE POLICIES AVAILABLE TO THE PUBLIC. PART XII, LINE 2C EXPLANATION THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.