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Filing year 2023

NEW ECONOMY PROJECT INC

New York, New York·EIN 13-3842270·NTEE S31 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$3.9M
Total assets
$8.9M
Total expenses
$2.3M
Reported officers
12
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Co-dir.-12/2023
Officer (Unspecified)
$190k
$213k
Base
$88k
Bonus
Other
$88k
Benefits
$11k
Executive Dir.
Officer (Unspecified)
$176k
$197k
Base
$168k
Bonus
$2k
Other
Benefits
Legal Director
Unclassified
$166k
$187k
Base
$137k
Bonus
$500
Other
Benefits
$24k
Development Dir.
Unclassified
$140k
$157k
Associate Dir.
Unclassified
$135k
$152k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NEW ECONOMY PROJECT INC equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
8%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 6%
from 2022

From $180k in 2022 to $190k in 2023.

$180k
2022
$190k
2023
In today's dollarsEst.
Up 2% in real terms$210k to $213k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NEW ECONOMY PROJECT INC

What are NEW ECONOMY PROJECT INC's revenue and expenses?

In 2023, NEW ECONOMY PROJECT INC reported $3.9M in total revenue and $2.3M in total expenses on its IRS Form 990.

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