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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building New Economy Project Inc.

New Economy Project Inc.

Fiscal year ending 2024. Filed on January 28, 2025.

121 West 27th Street 804
New York, New York 10001

New Economy Project Inc. (EIN: 13-3842270) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, New Economy Project Inc., a 501(c)(3) charitable organization, reported compensation for 5 out of 17 total employees. Among the employees shown here, the average compensation is $161,455. The highest compensated employee at New Economy Project Inc. is Sarah I Ludwig with fiscal year 2024 compensation of $189,929.

Revenue, expenses, and employee compensation

Revenue

$3,886,355

Expenses

$2,334,572

Employee compensation

$1,927,460
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sarah I Ludwig
Co-Dir.-12/2023
$189,929
$175,795 No related comp$14,134
Deyanira del Rio
Executive Director
$175,954
$169,254 No related comp$6,700
Susan Shin
Legal Director
$166,360
$137,375 No related comp$28,985
Grace Chung
Development Director
$139,857
$127,000 No related comp$12,857
Andy Morrison
Associate Director
$135,176
$127,225 No related comp$7,951

Benchmark Employee Compensation

Non-Employee Board Members

Akilah Browne
Treasurer
Azadeh Khalili
President
Brendan Martin
Board Member
Jennifer Ching
Vice President
Linda Levy
Board Member
Michael Partis
Board Member
Shabnam Faruki
Secretary

Mission Statement

NEW ECONOMY PROJECT'S MISSION IS TO BUILD AN ECONOMY THAT WORKS FOR ALL NEW YORKERS, ROOTED IN RACIAL AND SOCIAL JUSTICE, COOPERATION, NEIGHBORHOOD EQUITY AND ECOLOGICAL SUSTAINABILTY. THE ORGANIZATION WORKS WITH COMMUNITY GROUPS TO FIGHT SYSTEMIC DISCRIMINATION AND TO BUILD INSTITUTIONS, POLICIES, AND PUBLIC SUPPORT NEEDED FOR A JUST ECONOMY. NEW ECONOMY PROJECT BELIEVES THIS DUAL STRATEGY IS NECESSARY TO ACHIEVE LASTING TRANSFORMATIONAL CHANGE.

Revisions to this organization profile

January 28, 2025:
2024 New Economy Project Inc. 990 filed
May 6, 2024:
2023 New Economy Project Inc. 990 filed
February 20, 2023:
2022 New Economy Project Inc. 990 filed

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