2026-04-14T11:37:43-07:00 2025-06-30 760717994 Kimerling & Wisdom LLC 150 Broadway Suite 1105 New York NY 10038 990 2024-07-01 133842270 NEW ECONOMY PROJECT INC NEWE 2126805100 121 WEST 27TH STREET 804 NEW YORK NY 10001 DEYANIRA DEL RIO Executive Director 2026-04-14 true true Ross Wisdom CPA P00163343 2129860892 2024 2025-03-06 01:10:19Z DEYANIRA DEL RIO 121 WEST 27TH STREET 804 NEW YORK NY 10001 5481399 false X www.neweconomyproject.org X 1995 NY NEW ECONOMY PROJECT'S MISSION IS TO WORK WITH COMMUNITY GROUPS TO BUILD A JUST ECONOMY THAT WORKS FOR ALL, BY FOSTERING COOPERATIVE AND COMMUNITY-LED DEVELOPMENT AND CHALLENGING SYSTEMS THAT FUEL INEQUALITY AND POVERTY. 10 10 17 7 0 3547887 4868861 144058 360462 190138 246242 4272 5834 3886355 5481399 3000 114500 0 1927460 1928137 0 205450 404112 462138 2334572 2504775 1551783 2976624 8893886 12050348 89165 269003 8804721 11781345 NEW ECONOMY PROJECT'S MISSION IS TO WORK WITH COMMUNITY GROUPS TO BUILD A JUST ECONOMY THAT WORKS FOR ALL, BY FOSTERING COOPERATIVE AND COMMUNITY-LED DEVELOPMENT AND CHALLENGING SYSTEMS THAT FUEL INEQUALITY AND POVERTY. false false 2025387 114500 360462 TO PROVIDE ORGANIZING, STRATEGIC AND LEGAL SUPPORT ON A BROAD RANGE OF ECONOMIC JUSTICE AND COMMUNITY-BASED ECONOMIC DEVELOPMENT MATTERS. 2025387 true true false true false false false false false false true false true false true true true true false false false false false false false false false true false true false false false false false false false false false false false false true false false false false true 0 0 false 17 true false false false false false false false 0 false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true false false NY X X NEW ECONOMY PROJECT INC 2126805100 121 WEST 27TH STREET NEW YORK NY 10001 DEYANIRA DEL RIO Executive Dir. 40.00 0.00 X 184854 0 7344 SUSAN SHIN LEGAL DIRECTOR 40.00 0.00 147900 0 36284 ANDY MORRISON ASSOCIATE DIR. 40.00 0.00 137700 0 9708 GRACE CHUNG DEVELOPMENT DIR. 40.00 0.00 129030 0 14714 MATT WILDEY OPERATION MANAGER 40.00 0.00 102765 0 14937 AKILAH BROWNE Treasurer 1.00 0.00 X X 0 0 0 ERICA GONZALEZ BOARD MEMBER 0.50 0.00 X 0 0 0 GOWRI KRISHNA BOARD MEMBER 0.50 0.00 X 0 0 0 KRISHNA OMOLADE BOARD MEMBER 0.50 0.00 X 0 0 0 BRENDAN MARTIN BOARD-DEC 2024 0.50 0.00 X 0 0 0 LINDA LEVY BOARD MEMBER 0.50 0.00 X 0 0 0 AZADEH KHALILI President 1.00 0.00 X X 0 0 0 SHABNAM FARUKI Secretary 1.00 0.00 X X 0 0 0 JENNIFER CHING Vice President 1.00 0.00 X X 0 0 0 MICHAEL PARTIS BOARD MEMBER 0.50 0.00 X 0 0 0 702249 82987 5 false true false 0 2392750 2476111 4868861 PROGRAM FEE REVENUE 812900 360462 360462 360462 246242 246242 0 0 0 0 0 0 0 REIMBURSED EXPENSES & OTHER IN 5834 5834 5834 5481399 366296 246242 114500 114500 0 0 0 702249 561799 70225 70225 0 867423 693939 86742 86742 42105 35369 3368 3368 178310 149780 14265 14265 138050 115962 11044 11044 0 0 23400 23400 0 0 0 0 0 14055 11759 1604 692 27281 24553 1364 1364 0 133600 106880 20040 6680 0 0 0 0 0 3874 3874 8450 5915 2535 CONSULTANT SERVICES 181577 145261 27237 9079 MTGS./SPECIAL EVENTS & TRAVEL 30500 28060 1525 915 LICENSES AND FEES 16161 11313 4848 TELEPHONE 4846 4119 485 242 18394 16178 1382 834 2504775 2025387 273938 205450 1439162 748408 4611434 5708325 1336455 3900427 39308 14400 0 0 130471 140204 0 9401 0 134552 116995 12607 17557 61468 81765 0 1224894 1418092 0 28686 21170 8893886 12050348 27697 25988 43750 61468 81765 117500 89165 269003 X 4969515 5077906 3835206 6703439 8804721 11781345 8893886 12050348 2976624 X false true X true false X 1433167 2216695 1684371 3547887 4868861 13750981 37219 66450 198300 144058 360462 806489 0 0 0 1470386 2283145 1882671 3691945 5229323 14557470 0 0 14557470 53318 24015 91375 190138 246242 605088 0 53318 24015 91375 190138 246242 605088 0 243554 232683 4272 5834 486343 1767258 2539843 1974046 3886355 5481399 15648901 0.93030 0.92150 0.03870 0.03640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 3770 108838 112608 2474995 2587603 279380 69845 false 239597 257841 275375 279380 1052193 1578290 21468 65060 104272 112380 303180 59899 64460 68844 69845 263048 394572 3352 4868 4802 3770 16792 107323 107323 20347 9163 11184 6882 509 6373 17557 1418092 LOAN PROCEEDS PAYABLE - NELF LLC 117500 117500 X 5564227 82828 82828 5481399 5481399 2587603 82828 82828 2504775 2504775 Part X : FIN48 Footnote NEW ECONOMY PROJECT, INC. IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE.NEW ECONOMY LOAN FUND LLC IS A SINGLE-MEMBER LIMITED LIABILITY COMPANY OWNED BY NEW ECONOMY PROJECT, INC. THEREFORE, ALL THE ACTIVITIES OF THE COMPANY ARE REPORTED IN NEW ECONOMY PROJECT, INC.'S INFORMATION RETURNS. false CARROLL GARDENS ASSOCIATION 201 COLUMBIA ST BROOKLYN NY 11231 112573432 501(c)3 10000 0 SEE PART IV COOPER SQUARE COMMITTEE 61 E 4TH STREET NEW YORK NY 10003 132666211 501(c)3 14500 0 SEE PART IV EAST NY COMMUNITY LAND TRUST 2966 FULTON STREET BROOKLYN NY 11208 854288954 501(c)3 7500 0 SEE PART IV NY COMMUNITIES FOR CHANGE 470 VANDERVILT AVE 9TH FLOOR BROOKLYN NY 11238 271359103 501(c)4 23500 0 SEE PART IV NY PUBLIC INT RESEARCH GROUP 9 MURRAY STREET LOWER LEVEL NEW YORK NY 10007 132876109 501(c)3 15000 0 SEE PART IV NYC NETWORK OF WORKER COOPS PO BOX 800028 ELMHURST NY 11380 465245034 501(c)6 10000 0 SEE PART IV WOODSIDE ON THE MOVE INC 51-23 QUUENS BLVD WOODSIDE NY 11377 112435565 501(c)3 13000 0 SEE PART IV 3 4 Additional Supplemental Information THESE GRANTS FUNDED PUBLIC BANKING RELATED PROGRAM ACTIVITIES. X false false false false false false false false false DEYANIRA DEL RIO Executive Dir. 184854 7344 192198 SUSAN SHIN LEGAL DIRECTOR 147900 5916 30368 184184 Form 990, Part VI, Section B, Line 11b THE NEW ECONOMY PROJECT INC. BOARD OF DIRECTORS REVIEWS AND APPROVES THE FED FORM 990 PRIOR TO ITS SUBMISSION FOR FILING TOGETHER WITH ITS AUDITED FINANCIAL STATEMENTS AND ITS NYSOAG CHARITIES BUREAU CHAR 500 ANNUAL REPORT. Form 990, Part VI, Section B, Line 12c ALL NEW BOARD MEMBERS AND EMPLOYEES RECEIVE A COPY OF THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY, WHEREUPON THEY SIGN A STATEMENT THAT THEY HAVE RECEIVED AND UNDERSTOOD THE POLICY. OFFICERS, DIRECTORS, AND KEY EMPLOYEES OF THE ORGANIZATION ARE REQUIRED TO DESCRIBE ON AN ANNUAL BASIS, OR AS THEY ARISE, ANY POTENTIAL AND ACTUAL CONFLICTS OF INTEREST. Form 990, Part VI, Section B, Line 15a AFTER THE FISCAL YEAR END, THE BOARD OF DIRECTORS CONDUCTS AN INDEPENDENT REVIEW OF THE ORGANIZATION'S EXECUTIVE DIRECTOR'S COMPENSATION, ON AN ANNUAL BASIS. THE BOARD APPROVES EXECUTIVE COMPENSATION AT THE ORGANIZATION IF IT FINDS THE COMPENSATION IS REASONABLE. TO DETERMINE THE REASONABLENESS, THE BOARD CONSIDERS SUCH FACTORS AS COMPENSATION OF EXECUTIVES WITH COMPARABLE QUALIFICATIONS AT NO FEWER THAN THREE OTHER ORGANIZATIONS OF COMPARABLE SIZE, MISSION, AND SCOPE. Form 990, Part VI, Section C, Line 19 NEW ECONOMY PROJECT INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALSO, NEW ECONOMY PROJECT INC. TIMELY FILES ITS NYS CHAR 500 ANNUAL REPORT WITH THE NEW YORK STATE OFFICE OF ATTORNEY GENERAL. THE NYSOAG POSTS THE CHAR 500 TOGETHER WITH THE FEDERAL TAX FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ON ITS CHARITIES BUREAU WEBSITE. 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