Third Way
Fiscal year ending 2024. Filed on November 11, 2025.
1025 Connecticut Ave NW 400
Washington, District of Columbia 20036
Third Way (EIN: 20-1734070) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Third Way, a 501(c)(4) civic league or social welfare organization, reported compensation for 9 out of 99 total employees. Among the employees shown here, the average compensation is $323,561. The highest compensated employee at Third Way is Jonathan Cowan with fiscal year 2024 compensation of $454,588.
Revenue, expenses, and employee compensation
Revenue
$31,698,898
Expenses
$24,538,373
Employee compensation
$11,512,858
Reported Compensated Employees
＋0.5%vs 2023
Jonathan Cowan
President and Chief Executive Officer
$454,588
$413,118 from orgNo related comp$41,470 other
－0.2%vs 2023
James Kessler
EXE Vice President of Policy
$420,973
$377,021 from orgNo related comp$43,952 other
－0.8%vs 2023
Matthew Bennett Secretary and
EXE Vice President of Public Affairs
$420,593
$379,453 from orgNo related comp$41,140 other
New in 2024
Joshua Freed Senior Vp
OF Clean Energy
$332,808
$294,687 from orgNo related comp$38,121 other
New in 2024
Gabriel A Horwitz Senior
Vice President of ECON Program
$325,730
$296,343 from orgNo related comp$29,387 other
－0.7%vs 2023
Lanae M Erickson Sr Vp For
Social Policy and Politics
$318,294
$299,942 from orgNo related comp$18,352 other
New in 2024
Emily Sternfeld Senior Vp
OF DEV and External Affairs
$259,351
$230,542 from orgNo related comp$28,809 other
New in 2024
Xiavian Rommell Brown
Senior Director
$191,296
$178,811 from orgNo related comp$12,485 other
＋2.8%vs 2023
Steve J Dieterle Cfo
Board Treasurer
$188,420
$181,205 from orgNo related comp$7,215 other
Non-Employee Board Members
Contractors
－9.2%vs 2023
Boundary Stone Partners
Strategic Consulting
$545,000
－43.6%vs 2022
Evolved Energy Research LLC
Analysis Modeling Consulting
$448,000
－0.6%vs 2023
Global Strategy Group LLC
Public Opinion Research
$447,100
＋34.1%vs 2023
O'melveny
Consulting and Legal
$231,708
－66.7%vs 2023
Stark Media Planning LLC
Marketing (Paid Digital Media)
$220,000
Mission Statement
TO RESEARCH AND DEVELOP CENTRIST POLICY IDEAS.
Other organizations also named Third Way
Revisions to this organization profile
November 11, 2025:
2024 Third Way 990 filed
May 9, 2024:
2023 Third Way 990 filed
May 15, 2023:
2022 Third Way 990 filed
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