New Economy Project

Building a Just Economy for All

New York, NY   |  www.neweconomynyc.org

Mission

New Economy Project’s mission is to build an economy that works for all, rooted in racial and social justice, cooperation, neighborhood equity, and ecological sustainability. We believe another world is possible and that fundamental change is needed to achieve that world. We pursue lasting, transformational change by fighting systemic discrimination, and by supporting cooperative and community-led development in Black and brown NYC neighborhoods. This dual strategy is part of our theory of change. Our work is focused on New York City, and also has statewide and national impact. New Economy was established in 1995, and was formerly known as the Neighborhood Economic Development Advocacy Project.

Ruling year info

1996

Founder & Co-Director

Sarah Ludwig

Co-Director

Deyanira Del Rio

Main address

121 W. 27th Street Suite 804

New York, NY 10001 USA

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Formerly known as

Neighborhood Economic Development Advocacy Project (NEDAP)

EIN

13-3842270

NTEE code info

Civil Rights, Social Action, and Advocacy N.E.C. (R99)

Community Improvement, Capacity Building N.E.C. (S99)

Research Institutes and/or Public Policy Analysis (L05)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

New Economy Project, Inc. (fka NEDAP)

Core campaigns and coalitions include:

* Public Bank NYC
* NYC Community Land Initiative
* NYS Community Equity Agenda
* Financial Justice hotline and legal advocacy
* New Economy Loan Fund

Population(s) Served
Social and economic status
Age groups
Ethnic and racial groups

New Economy Project coordinates Public Bank NYC, a broad-based coalition of community, worker justice, environmental, and economic justice groups. The coalition is pressing for the creation of a municipal public bank in NYC, as part of a broader vision for economic and racial justice..

Population(s) Served
Economically disadvantaged people
Adults

New Economy Project coordinates the New York State Community Equity Agenda, a broad-based coalition of more than 40 organizations fighting for a economic democracy and racial justice. Launched in 2017, the coalition works to advance a just economy and build institutions that are led by and support Black, brown, and working class communities. The Community Equity Agenda coalition believes that New York must pursue community economic development that creates infrastructure for building wealth, power, resiliency, and self-determination, in historically-redlined communities. Policy priorities include concrete actions that New York can and must take right now to lay critical groundwork for a just recovery and future rooted in racial and social justice, workers' rights, cooperation, and ecological sustainability.

Population(s) Served
Economically disadvantaged people
Ethnic and racial groups
Age groups

New Economy Project coordinates various community land trust (CLT) and social housing initiatives, and plays a key role in the NYC Community Land Initiative (NYCCLI) coalition, an alliance of social justice and affordable housing organizations committed to winning housing for all New Yorkers. NYCCLI includes grassroots, community- and faith-based, labor, and city-wide organizations working to advance CLTs to address root causes of homelessness and displacement.

Population(s) Served
Ethnic and racial groups
Age groups
Economically disadvantaged people

Where we work

Awards

Union Sq. Award 2002

Union Sq. Awards Program

Harry Chapin World Hunger Year Award 2002

World Hunger Year

Next Generation Leadership Award 2004

The Ford Foundation

New York Times Company Non-Profit Excellence Award 2009

New York Times Company

Financials

New Economy Project
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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New Economy Project

Board of directors
as of 11/30/2021
SOURCE: Self-reported by organization
Board chair

Catherine Barnett

Freedom to Thrive

Term: 2021 -

Catherine Barnett

Freedom to Thrive

Jonathan Springer

WHEDCO

Raun Rasmussen

Legal Services-NYC

Azadeh Khalili

human rights advocate

Brendan Martin

The Working World

Michelle Aronowitz

Law Office of Michelle Aronowitz

Michael Partis

Bronx Cooperative Development Initiative (BCDI)

Shabnam Faruki

Brooklyn Legal Services

Jennifer Ching

North Star Fund

Organizational demographics

SOURCE: Self-reported; last updated 11/30/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight

The organization's co-leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight

Race & ethnicity

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data