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  5. NEW ECONOMY PROJECT, INC.

NEW ECONOMY PROJECT, INC.

Company Details

Name: NEW ECONOMY PROJECT, INC.
Jurisdiction: New York
Legal type: DOMESTIC NOT-FOR-PROFIT CORPORATION
Status: Active
Date of registration: 07 Nov 1995 (29 years ago)
Entity Number: 1971511
ZIP code: 10013
County: New York
Place of Formation: New York
Address: 176 GRAND STREET, STE. 300, NEW YORK, NY, United States, 10013

Contact Details

Phone +1 212-680-5100

Central Index Key

CIK number Mailing Address Business Address Phone
0001573567 121 WEST 27TH STREET, SUITE 804, NEW YORK, NY, 10001 121 WEST 27TH STREET, SUITE 804, NEW YORK, NY, 10001 (212)680-5100

Filings since 2020-04-10
Form type PX14A6G
Filing date 2020-04-10
File View File

Filings since 2014-04-07
Form type PX14A6G
Filing date 2014-04-07
File View File

Filings since 2013-04-11
Form type PX14A6G
Filing date 2013-04-11
File View File

Filings since 2013-04-04
Form type PX14A6G
Filing date 2013-04-04
File View File

Commercial and government entity program

CAGE number Status Type Established CAGE Update Date CAGE Expiration SAM Expiration
39RU4 Obsolete Non-Manufacturer 2005-05-11 2024-03-01 No data 2023-08-18

Contact Information
POC DEYANIRA DEL RIO
Phone +1 212-680-5100
Fax +1 212-925-2092
Address 121 W 27TH ST, NEW YORK, NY, 10001 6262, UNITED STATES

Ownership of Offeror Information
Highest Level Owner Information not Available
Immediate Level Owner Information not Available
List of Offerors (1)
CAGE number 999F0
Owner Type Immediate
Legal Business Name NEW ECONOMY LOAN FUND, LLC

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
NEW ECONOMY PROJECT 403(B) RETIREMENT PLAN 2023 133842270 2024-11-13 NEW ECONOMY PROJECT 26
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2002-11-15
Business code 813000
Sponsor’s telephone number 2126805100
Plan sponsor’s address 121 W. 27TH STREET #804, NEW YORK, NY, 10001

Signature of
Role Plan administrator
Date 2024-11-13
Name of individual signing MATT WILDEY
Valid signature Filed with authorized/valid electronic signature
NEW ECONOMY PROJECT 403(B) RETIREMENT PLAN 2022 133842270 2023-11-21 NEW ECONOMY PROJECT 23
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2002-11-15
Business code 813000
Sponsor’s telephone number 2126805100
Plan sponsor’s address 121 W. 27TH STREET #804, NEW YORK, NY, 10001

Signature of
Role Plan administrator
Date 2023-11-21
Name of individual signing MATT WILDEY
NEW ECONOMY PROJECT 403(B) RETIREMENT PLAN 2021 133842270 2022-12-06 NEW ECONOMY PROJECT 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2002-11-15
Business code 813000
Sponsor’s telephone number 2126805100
Plan sponsor’s address 121 W. 27TH STREET #804, NEW YORK, NY, 10001

Signature of
Role Plan administrator
Date 2022-12-06
Name of individual signing SARAH LUDWIG
NEW ECONOMY PROJECT 403(B) RETIREMENT PLAN 2020 133842270 2021-09-03 NEW ECONOMY PROJECT 21
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2002-11-15
Business code 813000
Sponsor’s telephone number 2126805100
Plan sponsor’s address 121 W. 27TH STREET #804, NEW YORK, NY, 10001

Signature of
Role Plan administrator
Date 2021-09-03
Name of individual signing SARAH LUDWIG
NEW ECONOMY PROJECT 403(B) RETIREMENT PLAN 2019 133842270 2020-11-05 NEW ECONOMY PROJECT 24
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2002-11-15
Business code 813000
Sponsor’s telephone number 2126805100
Plan sponsor’s address 121 W. 27TH STREET #804, NEW YORK, NY, 10001

Signature of
Role Plan administrator
Date 2020-11-05
Name of individual signing SARAH LUDWIG
NEW ECONOMY PROJECT 403(B) RETIREMENT PLAN 2018 133842270 2019-08-08 NEW ECONOMY PROJECT 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2002-11-15
Business code 813000
Sponsor’s telephone number 2126805100
Plan sponsor’s address 121 W. 27TH STREET #804, NEW YORK, NY, 10001

Signature of
Role Plan administrator
Date 2019-08-08
Name of individual signing SARAH LUDWIG
NEW ECONOMY PROJECT 403(B) RETIREMENT PLAN 2017 133842270 2018-08-01 NEW ECONOMY PROJECT 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2002-11-15
Business code 813000
Sponsor’s telephone number 2126805100
Plan sponsor’s address 121 W. 27TH STREET #804, NEW YORK, NY, 10001

Signature of
Role Plan administrator
Date 2018-08-01
Name of individual signing SARAH LUDWIG
NEW ECONOMY PROJECT 403(B) RETIREMENT PLAN 2016 133842270 2017-08-22 NEW ECONOMY PROJECT 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2002-11-15
Business code 813000
Sponsor’s telephone number 2126805100
Plan sponsor’s address 121 W. 27TH STREET #804, NEW YORK, NY, 10001

Signature of
Role Plan administrator
Date 2017-08-22
Name of individual signing SARAH LUDWIG
NEW ECONOMY PROJECT 403(B) RETIREMENT PLAN 2015 133842270 2016-08-25 NEW ECONOMY PROJECT 23
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2002-11-15
Business code 813000
Sponsor’s telephone number 2126805100
Plan sponsor’s address 121 W. 27TH STREET #804, NEW YORK, NY, 10001

Signature of
Role Plan administrator
Date 2016-08-25
Name of individual signing SARAH LUDWIG
NEW ECONOMY PROJECT 403(B) RETIREMENT PLAN 2014 133842270 2015-09-28 NEW ECONOMY PROJECT 20
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2002-11-15
Business code 813000
Sponsor’s telephone number 2126805100
Plan sponsor’s address 121 W. 27TH STREET #804, NEW YORK, NY, 10001

Signature of
Role Plan administrator
Date 2015-09-28
Name of individual signing SARAH LUDWIG

DOS Process Agent

Name Role Address
THE CORPORATION DOS Process Agent 176 GRAND STREET, STE. 300, NEW YORK, NY, United States, 10013

History

Start date End date Type Value
1995-11-07 2013-05-09 Address 50 PARK TERRACE WEST #3C, NEW YORK, NY, 10034, USA (Type of address: Service of Process)

Filings

Filing Number Date Filed Type Effective Date
130509000386 2013-05-09 CERTIFICATE OF AMENDMENT 2013-05-09
951107000446 1995-11-07 CERTIFICATE OF INCORPORATION 1995-11-07

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
FH400G10030 Department of Housing and Urban Development 14.416 - EDUCATION AND OUTREACH INITIATIVES 2011-08-12 2012-04-30 EDUCATION & OUTREACH
Recipient NEW ECONOMY PROJECT
Recipient Name Raw NEIGHBORHOOD ECONOMIC DEVELOPMENT
Recipient UEI UJKARFBH9X33
Recipient DUNS 198902129
Recipient Address 73 SPRING ST RM 506, NEW YORK, NEW YORK, NEW YORK, 10012-5802, UNITED STATES
Obligated Amount 125000.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
FH400G10029 Department of Housing and Urban Development 14.416 - EDUCATION AND OUTREACH INITIATIVES 2011-04-20 2012-04-30 EDUCATION & OUTREACH
Recipient NEW ECONOMY PROJECT
Recipient Name Raw NEIGHBORHOOD ECONOMIC DEVELOPMENT
Recipient UEI UJKARFBH9X33
Recipient DUNS 198902129
Recipient Address 73 SPRING ST RM 506, NEW YORK, NEW YORK, NEW YORK, 10012-5802, UNITED STATES
Obligated Amount 125000.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
13-3842270 Corporation Unconditional Exemption 121 W 27TH ST STE 804, NEW YORK, NY, 10001-6262 1996-04
In Care of Name -
Group Exemption Number 0000
Subsection Charitable Organization, Educational Organization, Literary Organization, Organization to Prevent Cruelty to Animals, Organization to Prevent Cruelty to Children, Organization for Public Safety Testing, Religious Organization, Scientific Organization
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Government Instrumentality, Title-Holding Corporation, Charitable Organization, Agricultural Organization, Board of Trade, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Burial Association, Credit Union, Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Deductibility Contributions are deductible.
Foundation Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
Tax Period 2024-06
Asset 5,000,000 to 9,999,999
Income 1,000,000 to 4,999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Jun
Asset Amount 8893886
Income Amount 3886355
Form 990 Revenue Amount 3886355
National Taxonomy of Exempt Entities Community Improvement, Capacity Building: Urban, Community Economic Development
Sort Name -

Publication 78 Data
Description Organizations eligible to receive tax-deductible charitable contributions. Users may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List Yes
Deductibility Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Copies of Returns (990, 990-EZ, 990-PF, 990-T)
Organization Name NEW ECONOMY PROJECT INC
EIN 13-3842270
Tax Period 202306
Filing Type E
Return Type 990
File View File
Organization Name NEW ECONOMY PROJECT INC
EIN 13-3842270
Tax Period 202206
Filing Type E
Return Type 990
File View File
Organization Name NEW ECONOMY PROJECT INC
EIN 13-3842270
Tax Period 202106
Filing Type E
Return Type 990
File View File
Organization Name NEW ECONOMY PROJECT INC
EIN 13-3842270
Tax Period 202006
Filing Type E
Return Type 990
File View File
Organization Name NEW ECONOMY PROJECT INC
EIN 13-3842270
Tax Period 201906
Filing Type E
Return Type 990
File View File
Organization Name NEW ECONOMY PROJECT INC
EIN 13-3842270
Tax Period 201806
Filing Type E
Return Type 990
File View File
Organization Name NEW ECONOMY PROJECT INC
EIN 13-3842270
Tax Period 201706
Filing Type E
Return Type 990
File View File
Organization Name NEW ECONOMY PROJECT INC
EIN 13-3842270
Tax Period 201606
Filing Type E
Return Type 990
File View File

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8728218505 2021-03-10 0202 PPS 121 W 27th St Ste 804, New York, NY, 10001-6262
Loan Status Date 2021-10-20
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 230049.3
Loan Approval Amount (current) 230049.3
Undisbursed Amount 0
Franchise Name -
Lender Location ID 217033
Servicing Lender Name Brooklyn Cooperative FCU
Servicing Lender Address 1474 Myrtle Ave, NEW YORK CITY, NY, 11237-5128
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address New York, NEW YORK, NY, 10001-6262
Project Congressional District NY-12
Number of Employees 12
NAICS code 813319
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 217033
Originating Lender Name Brooklyn Cooperative FCU
Originating Lender Address NEW YORK CITY, NY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 231259.42
Forgiveness Paid Date 2021-09-27
8484767001 2020-04-08 0202 PPP 121 W. 27th Street, Suite 804, NEW YORK, NY, 10001-0142
Loan Status Date 2021-02-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 228455
Loan Approval Amount (current) 228455
Undisbursed Amount 0
Franchise Name -
Lender Location ID 217033
Servicing Lender Name Brooklyn Cooperative FCU
Servicing Lender Address 1474 Myrtle Ave, NEW YORK CITY, NY, 11237-5128
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address NEW YORK, NEW YORK, NY, 10001-0142
Project Congressional District NY-12
Number of Employees 14
NAICS code 926110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 217033
Originating Lender Name Brooklyn Cooperative FCU
Originating Lender Address NEW YORK CITY, NY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 230270.12
Forgiveness Paid Date 2021-01-26

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Date of last update: 14 Mar 2025

Sources: New York Secretary of State

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