2026-05-14T16:36:21-05:00 2025-06-30 203557677 KELLER AND ASSOCIATES LLP 18645 SHERMAN WAY SUITE 110 RESEDA CA 91335 990 2024-07-01 953969029 NEW ECONOMICS FOR WOMEN NEWE 2134832060 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 LETICIA ANDUEZA CEO 2134832060 2026-05-14 1 0 DAVID KELLER P00227750 8183833079 X 2024 2025-03-06 01:10:19Z LETICIA ANDUEZA 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 12144801 0 X X 1984 CA TO EMPOWER GENERATIONS OF UNDER-RESOURCED WOMEN AND THEIR FAMILIES TO THRIVE. 12 12 112 95 0 0 8419464 10600701 644021 1461123 99545 82977 4685 0 9167715 12144801 530000 480555 0 0 6243170 6535342 0 0 302934 4608929 3937032 11382099 10952929 -2214384 1191872 44472457 29745453 35115558 22238783 9356899 7506670 X NEW ECONOMICS FOR WOMEN HELPS WOMEN FROM UNDERSERVED COMMUNITIES IN SOUTHERN CALIFORNIA PAVE THE WAY TO PEACE OF MIND, PROSPERITY ANDPROMISE BY PROVIDING AN UNRIVALED LEVEL OF COMPREHENSIVE, PERSONALIZED SUPPORT, ACCESS TO A CONTINUUM OF RESOURCES AND BY BUILDING INTENTIONAL COMMUNITIES WHERE FAMILIES RECEIVE EVERYTHING THEY NEED SO THAT THEY CAN THRIVE. 0 0 8823588 12144801 NEW ECONOMICS FOR WOMEN (NEW) EMPOWERS UNDER-RESOURCED WOMEN AND THEIR FAMILIES TO ACHIEVE ECONOMIC MOBILITY THROUGH INTEGRATED HOUSING, EDUCATION, ENTREPRENEURSHIP, AND WEALTH-BUILDING PROGRAMS. NEW DEVELOPS AND OPERATES AFFORDABLE HOUSING FOR BOTH MULTIFAMILY RENTALS AND SINGLE-FAMILY HOMES AND COMMUNITY CENTERED SERVICES THAT HELPED MORE THAN 2,300 INDIVIDUALS REMAIN STABLY HOUSED AND ADVANCED NEW WORKFORCE AND PERMANENT AFFORDABLE HOUSING UNITS IN SPECIFICALLY RESEDA AND EL SERENO. THROUGH ITS HOMEOWNERSHIP DEPARTMENT, A HUD-APPROVED COUNSELING AGENCY, NEW DELIVERS FREE HUD-CERTIFIED HOMEBUYER EDUCATION, ONE-ON-ONE COUNSELING, AND CREDIT COACHING, EDUCATING AT LEAST 400 INDIVIDUALS ANNUALLY AND ASSISTING DOZENS OF FAMILIES IN PURCHASING HOMES. NEW'S FAMILYSOURCE CENTER AND ECONOMIC MOBILITY CENTERS PROVIDE ONE-STOP SERVICES FOR LOW-INCOME RESIDENTS, INCLUDING FINANCIAL EDUCATION AND COACHING, VITA TAX PREPARATION, PUBLIC BENEFITS SCREENING, CASE MANAGEMENT, EMPLOYMENT COACHING, EMERGENCY FINANCIAL ASSISTANCE, AND HOMELESS PREVENTION THAT HELPED INCREASE HOUSEHOLD INCOME, AND KEEP FAMILIES HOUSED. THE LEARNING CENTER OPERATES AFTER-SCHOOL AND SEASONAL PROGRAMS FOR TK5 STUDENTS, PROVIDING HOMEWORK HELP, ENRICHMENT IN ARTS AND STEM, MEALS, AND FAMILY WORKSHOPS TO SUPPORT ACADEMIC ACHIEVEMENT. THROUGH ITS WOMEN'S BUSINESS CENTERS AND THE EAST LOS ANGELES BUSINESSSOURCE CENTER, NEW PROVIDES NO-COST ONE-ON-ONE CONSULTING, TRAINING, AND FINANCING ASSISTANCE THAT SERVED THOUSANDS OF SMALL BUSINESSES, HELPED LAUNCH NEW ENTERPRISES, AND SUPPORTED OR CREATED THOUSANDS OF LOCAL JOBS. 8823588 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 50 0 1 112 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X MENCHU ITURALDE CONTROLLER 2134832060 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 STACEY BRENNER BOARD MEMBER 2.00 X 0 0 0 MARIA L GARCIA BOARD MEMBER 2.00 X 0 0 0 JOAN KRADIN BOARD MEMBER 2.00 X 0 0 0 ANTONIO MANNING BOARD MEMBER 2.00 X 0 0 0 ROBERT MORALES BOARD MEMBER 2.00 X 0 0 0 NILDA RUIZ BOARD MEMBER 2.00 X 0 0 0 CHRISTIAN SANCHEZ BOARD MEMBER 2.00 X 0 0 0 WELTON SMITH BOARD MEMBER 2.00 X 0 0 0 MAGDALENA CERVANTES EXECUTIVE DIRECTOR 40.00 X 99335 0 8900 IRMA L ALCOCER PROGRAM DIRECTOR 40.00 X 118595 0 4234 ANNA MARIA FELCYN SR. DIRECTOR OF PROGRAMS 40.00 X 115016 0 1067 RUTH GARCIA-CORRALES PROGRAM DIRECTOR 40.00 X 106261 0 0 MARTHA HERNANDEZ-VILLATORO CHIEF OPERATING OFFICER 40.00 X 105903 0 0 CONNIE JONG SOOK HWANG FUND DEVELOPMENT DIRECTOR 40.00 X 154080 0 0 CARMEN LUNA PROGRAM DIRECTOR 40.00 X 112547 0 2200 YESENIA MEDINA SR. DIRECTOR OF PROGRAMS 40.00 X 116191 0 1200 MICHELLE REYES DIRECTOR OF OPERATIONS 40.00 X 94614 0 2000 BEATRIZ OLVERA STOTZER BOARD CHAIR 2.00 X 0 0 0 ANDREW CHENG VICE PRESIENT 2.00 X 0 0 0 BELINDA BARRAGAN SECRETARY 2.00 X 0 0 0 MIGUEL ESCOBAR TREASURER 2.00 X 0 0 0 LETICIA ANDUEZA CHIEF EXECUTIVE OFFICER 40.00 X 164150 0 3350 1186692 0 22951 8 0 1 0 JBC GROUP LLC 9350 WILSHIRE BLVD SUITE 203 BEVERLY HILLS CA 90212 CONSULTING, ACCOUNTING, HR AND BUSINESS 273990 1 9065101 1535600 10600701 RENTAL INCOME 531390 418409 418409 CONTRACTED SERVICE FEES 561000 344432 344432 DEVELOPER FEES 531390 295786 295786 PROPERTY MANAGEMENT FEES 531390 288718 288718 ADMINISTRATION FEES 531390 110528 110528 3250 3250 1461123 82977 82977 12144801 1544100 0 0 X 480555 480555 1186692 1122120 50857 13715 4404414 4164752 188757 50905 17152 13346 3580 226 462979 360226 96642 6111 464105 436675 22487 4943 34673 21641 8901 4131 323292 201775 82998 38519 1135028 708405 291391 135232 8957 6017 2940 75549 75549 207963 123957 82543 1463 300194 262749 36935 510 76137 63008 13129 68101 22191 45910 374951 374951 138696 138696 129400 99547 28971 882 DUES AND MEMBERSHIPS 164221 83108 75490 5623 ADP PAYROLL SERVICES 159600 99610 40974 19016 TELEPHONE AND INTERNET 151945 103631 47818 496 CLIENT SUPPORT 150778 120180 28598 2000 437547 254546 163839 19162 10952929 8823588 1826407 302934 978273 419991 20679 2082706 2453044 248813 11000 14306774 7750993 41448 70193 6663485 2733703 4068478 3929782 8075672 6197714 14670293 8892057 44472457 29745453 1027838 782777 14290932 14359743 6990369 12806419 7096263 35115558 22238783 X 6809134 5093373 2547765 2413297 9356899 7506670 44472457 29745453 1191872 -3042101 0 X 0 1 X 1 1 1 X 6803955 11674571 9253748 8419464 10600701 46752439 6803955 11674571 9253748 8419464 10600701 46752439 46752439 68296 90185 102372 99545 82977 443375 111949 35479 6678 4872 158978 47354792 0.98730 0.98470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 909000 909000 5550403 2529621 3020782 204082 204082 0 3929782 INVESTMENTS IN AFFILIATES 5249527 C INVESTMENTS IN SUBSIDIARIES 948187 C 6197714 DEFERRED DEVELOPER FEE RECEIVABLE 577255 DUE FROM AFFILIATES 1706931 INTEREST RECEIVABLE 6369568 OTHER ASSETS 5968 RIGHT-OF-USE ASSETS - OPERATING LEASES 232335 8892057 ACCRUED INTEREST PAYABLE 5431260 DUE TO AFFILIATES 1500078 RIGHT-OF-USE - OPERATING LEASE OBLIGATIONS PAYABLE 120548 TENANT SECURITY DEPOSITS PAYABLE 44377 7096263 X 12144801 0 12144801 0 12144801 10952929 0 10952929 0 10952929 PART X, LINE 2: NEW IS EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AND ORGANIZATION IN ITS TAX RETURN THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY NEW IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. NEW'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENRALLY FOR THREE AND FOUR YEARS, RESPECITVELY, AFTER THEY ARE FILED. NEW'S WHOLLY-OWNED SUBSIDIARIES, NEW CAPITAL, LLC, LCB ENTERPRISES, LLC, SOCOSMAINTENANCE AND JANITORIAL SERVICES, MCB LLC, BENDECIDOS SAN FERNANDO LLC, AND AGUAS CLARAS LLC ARE REQUIRED TO FILE STATE INCOME TAX RETURNS. 0 EMERGENCY ASSISTANCE 154 480555 0 N/A N/A 0 0 0 0 0 0 0 0 0 LETICIA ANDUEZA CHIEF EXECUTIVE OFFICER 164150 0 0 0 0 0 3350 0 0 0 167500 0 0 0 CONNIE JONG SOOK HWANG FUND DEVELOPMENT DIRECTOR 154080 0 0 0 0 0 0 0 0 0 154080 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER, EXECUTIVE DIRECTOR, BOARD CHAIRPERSON, AND AUDIT COMMITTEE CHAIRPERSON REVIEW THE FORM 990 IF NO CHANGE IS NEEDED, THE ENTIRE BOARD OF DIRECTORS THEN REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONDUCTS MANAGEMENT MEETINGS AS NEEDED TO DISCUSS ISSUES WITHIN THE ORGANIZATION THAT COULD TRIGGER POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS BASED UPON THE SOUTHERN CALIFORNIA WAGE AND BENEFITS SURVEY PREPARED BY THE CENTER FOR NONPROFIT MANAGEMENT, AS WELL AS AN EVALUATION OF EDUCATION, EXPERIENCE, AND OTHER PERTINENT FACTORS AS DETERMINED BY THE BOARD TO COMPUTE EXECUTIVE COMPENSATION. QUESTION L5 (B) PART VI HAS BEEN ANSWERED "NO" AS THERE WERE NO OFFICERS OR KEY EMPLOYEES AS DEFINED BY THE IRS IN FORM 990 INSTRUCTIONS THAT MEET THIS CRITERIA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST AT NEWECONOMICS FOR WOMEN'S OFFICE LOCATED AT 303 S. LOMA DRIVE, LOS ANGELES, CA 90017. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 437,569. MANAGEMENT AND GENERAL EXPENSES 179,987. FUNDRAISING EXPENSES 83,530. TOTAL EXPENSES 701,086. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 270,836. MANAGEMENT AND GENERAL EXPENSES 111,404. FUNDRAISING EXPENSES 51,702. TOTAL EXPENSES 433,942. SOCOS MAINTENANCE AND JANITORIAL SERVICES 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 271944135 PROVIDE MAINTENANCE SERVICES FOR NEW AFFORDABLE HOUSING CA 0 -119382 NEW ECONOMICS FOR WOMEN MCB LLC 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 203621096 HOLDING COMPANY FOR NSP2 REAL ESTATE PROPERTIES CA 0 -11800 NEW ECONOMICS FOR WOMEN LCB ENTERPRISES LLC 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 954837278 SINGLE PURPOSE ENTITY, HOLDING COMPANY FOR REAL ESTATE DEVELOPMENT CA 59910 1184533 NEW ECONOMICS FOR WOMEN AGUAS CLARAS LLC 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 463691642 SINGLE PURPOSE ENTITY, HOLDING COMPANY FOR REAL ESTATE DEVELOPMENT CA 0 0 NEW ECONOMICS FOR WOMEN NEW COMMUNITY INVESTMENTS LLC 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 824456218 MAKE INVESTMENTS THAT LEAD TO ECONOMIC MOBILITY AND ALLEVIATE POVERTY CA -514027 -146011 NEW ECONOMICS FOR WOMEN YOLANDA PROPERTY LLC 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 922344787 RENTING OF COMMERCIAL REAL ESTATE CA 0 1140181 NEW ECONOMICS FOR WOMEN 27TH AND SAN PEDRO LLC 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 922754632 HOLDING COMPANY FOR REAL ESTATE PROPERTIES CA 61000 176236 NEW ECONOMICS FOR WOMEN NEW CAPITAL LLC 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 954546100 PROPERTY MANAGEMENT FOR LOW-INCOME HOUSING CA N/A RELATED -653 2584477 0 1 0.97500 BENDECIDOS SAN FERNANDO LLC 303 SOUTH LOMA DRIVE LOS ANGELES CA 90017 461593924 SINGLE PURPOSE ENTITY, HOLDING COMPANY FOR REAL ESTATE DEVELOPMENT CA NEW ECONOMICS FOR WOMEN S 72668 0.75000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0