2019-11-15T13:22:09-08:00 2018-12-31 Lane & Company CPAs 1717 Pennsylvania Avenue NW Suite 4 Washington DC 20006 990 2018-01-01 660566096 CENTER FOR THE NEW ECONOMY INC CENT 7876221120 PO BOX 9024240 SAN JUAN PR 009024240 MIGUEL A SOTO CLASS PRESIDENT 7876221120 2019-11-15 true ROBERT E LANE P01622353 2024636500 2019-11-15 X 208.82.213.4 2019-11-15 13:22:02 PS P 08CFD1AD8CBCC6749B8F9123897879BF0476B103 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-03-31 21:24:44Z MIGUEL A SOTO CLASS 206 TETUAN STREET SUITE 1002 SAN JUAN PR 00091 5271554 false X WWW.GRUPOCNE.ORG X 1998 PR SEE SCHEDULE O 11 10 22 11 0 0 11277294 5192947 0 17036 78176 431 11294330 5271554 344740 588489 0 1483851 1477209 0 142355 8884913 2327639 10713504 4393337 580826 878217 2757557 3471527 257685 157927 2499872 3313600 X SEE SCHEDULE O false false 1072280 7050 0 REIMAGINA PUERTO RICO: REIMAGINA WAS CREATED IN JANUARY 2018, IN THE AFTERMATH OF HURRICANE MARIA, IN ORDER TO PROVIDE RECOMMENDATIONS BASED ON STAKEHOLDER MEETINGS TO GUIDE THE RECOVERY AND COORDINATE THE RECONSTRUCTION OF PUERTO RICO. THE WORK FOCUSES ON IDENTIFYING KEY RECOMMENDATIONS FOR THE RECONSTRUCTION PROCESS AND ALIGNING RECONSTRUCTION EFFORTS AMONG DIFFERENT GROUPS IN OUR SOCIETY. 938063 137943 0 OPEN SPACES: THIS IS AN INITIATIVE THAT AIMS TO STRENGTHEN CIVIC CAPACITY IN PUERTO RICO. THE SYSTEMIC CHANGE GOALS ARE TO ADVANCE GOVERNMENT TRANSPARENCY, SOCIAL JUSTICE, AND ECONOMIC JUSTICE. WE WORK TOWARDS THESE ENDS BY CREATING AND STRENGTHENING COALITIONS, GENERATING NEW KNOWLEDGE, ADVANCING PUBLIC AWARENESS OF THESE ISSUES, ENHANCING CIVIC CAPACITY, AND PROMOTING POLICY CHANGE. 1065153 431911 0 THE PUERTO RICO RECOVERY FUND (PRRF): THE FUND WAS CREATED BY CNE IN THE AFTERMATH OF HURRICANE MARIA'S LANDFALL ON PUERTO RICO IN SEPTEMBER 2017. IN 2017 THE PRRF DELIVERED 4 MILLION POUNDS OF RELIEF SUPPLIES THROUGH A NETWORK OF 12 DISTRIBUTION CENTERS SET UP ACROSS THE ISLAND IN COLLABORATION WITH WELL-ESTABLISHED COMMUNITY-BASED ORGANIZATIONS. IN 2018, THE PRRF CONTINUED TO SUPPORT THE RECONSTRUCTION OF PUERTO RICO THROUGH GRANTMAKING AND OTHER CHARITABLE ACTIVITIES. 483599 11585 0 THE CNE GROWTH COMMISSION: THIS INITIATIVE BRINGS TOGETHER ACADEMICS, POLICYMAKERS, THE PRIVATE SECTOR, AND CIVIC LEADERS TO PERFORM DIAGNOSTIC ANALYSES AND PROVIDES POLICY OPTIONS TO DEVELOP A DIVERSIFIED PORTFOLIO OF ECONOMIC ACTIVITIES IN PUERTO RICO. AFTER HURRICANE MARIA, THE GROWTH COMMISSION REFOCUSED ON RETHINKING GROWTH PROSPECTS AFTER SEVERE ECONOMIC SHOCK. 40000 0 0 RED FUNDACIONES: THIS IS AN EDUCATIONAL PROJECT TO HELP COMMUNITIES ASSESS THEIR NEEDS AND IDENTIFY RESOURCES AVAILABLE IN THE AFTERMATH OF HURRICANE MARIA. IT PROVIDES TOOLS FOR EFFECTIVE COMMUNITY ENGAGEMENT DURING THE RECOVERY PROCESS. 15892 0 0 ESCUELA DE INCIDENCIA: THIS IS A CAPACITY-BUILDING AND NETWORKING INITIATIVE DESIGNED TO EMPOWER EMERGING LEADERS WITH THE PRINCIPLES, SKILLS, AND TOOLS TO WORK COLLABORATIVELY TO CARRY OUT A SHORT-TERM PROEJCT TO TACKLE COMMON PUBLIC PROBLEMS. 539491 11585 0 3614987 true true false true false false false false false true true false false false true false false true false false false false false false false false false true false true false false false false false false false false true false false false true false false false false true 0 0 true 22 true false false false false false false false false false false false false X 11 10 false false false false false false false true true false false true true true true true true true true false X THE ORGANIZATION 7876221120 206 TETUAN ST STE 1002 BPPR BLDG SAN JUAN RQ CAROLINE MCCONNIE DIRECTOR 1.00 X 0 0 0 VADIM NIKITINE DIRECTOR 1.00 X 0 0 0 ANTONIO LUIS FERRE-RANGEL DIRECTOR 1.00 X 0 0 0 LUIS SILVA DIRECTOR 1.00 X 0 0 0 GILBERTO MONZON DIRECTOR 1.00 X 0 0 0 JOAQUIN BACARDI DIRECTOR 1.00 X 0 0 0 PINSY RIVERA-ORTIZ DIRECTOR 1.00 X 0 0 0 JACQUES CHAPPUIS DIRECTOR 1.00 X 0 0 0 JORGE COLON-GERENA DIRECTOR 1.00 X 0 0 0 ENRIQUE VILA-BIAGGI CHAIRPERSON 1.00 X X 0 0 0 GINORIS LOPEZ-LAY VICE CHAIR (UNTIL AUGUST 2018) 1.00 X X 0 0 0 MIGUEL A SOTO CLASS PRESIDENT/BOARD SECRETARY & TREASURER 40.00 X X 246300 0 12423 SERGIO MARXUACH POLITICAL DIRECTOR 40.00 X 156300 0 0 DEEPAK LAMBA RESEARCH DIRECTOR 40.00 X 116300 0 3468 NYDIA SUAREZ PUBLIC AFFAIRS DIRECTOR 40.00 X 102600 0 7596 CECILE BLONDET EXECUTIVE DIRECTOR, ESPACIOS ABIERTOS 40.00 X 100300 0 0 721800 0 23487 5 false true false PRIME POLICY GROUP 1110 VERMONT AVE NW STE 1000 WASHINGTON DC 20005 ADVOCACY 120000 MARIA BLAZQUEZ URB TORRIMAR 3-19 MADRID ST GUAYNABO RQ EXECUTIVE PROGRAM MANAGER 115000 2 5192947 100870 5192947 22006 0 22006 56170 0 56170 56170 0 0 56170 OTHER INCOME 900099 431 431 0 0 431 5271554 431 0 78176 588489 588489 258723 224577 24257 9889 1049849 911292 97865 40692 70448 61150 7357 1941 98189 85230 8392 4567 7277 0 7277 0 31288 4500 19823 6965 753427 727685 10610 15132 95262 95262 0 0 263888 138053 123426 2409 32069 32069 0 0 192502 55778 124665 12059 36593 36593 0 0 202319 132377 27400 42542 15389 0 15389 0 82012 5053 76959 0 24061 0 24061 0 TAXES 25107 12267 12810 30 COMMUNITY OUTREACH 490746 481282 4889 4575 DUES & SUBSCRIPTIONS 50228 0 50228 0 RESEARCH COSTS 11312 9171 587 1554 14159 14159 0 0 4393337 3614987 635995 142355 1673206 1192577 29904 53448 200 23340 816611 359354 346807 457257 707440 1744905 2757557 3471527 116223 126958 81003 60459 30969 257685 157927 X 1166787 1138300 1333085 2175300 2499872 3313600 2757557 3471527 878217 -64489 X false true X true false X 0 1943797 2924288 2236244 3550907 5192947 15848183 0 0 1943797 2924288 2236244 3550907 5192947 15848183 6848848 8999335 10113 12262 13920 17036 22006 75337 0 415 4515 431 5361 15928881 0.56500 0.58360 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: MISCELLANEOUS 2016: 4515. 2018: 431. Description: ROYALTY INCOME 2014: 415. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 125719 125719 3489268 3614987 330749 82687 0 0 265442 299356 330749 895547 1343321 122278 48944 125719 296941 66361 74839 82687 223887 335831 0 0 0 0 1533085 3082320 300545 1939560 2375300 243200 9486751 8153666 43200 1533085 408916 50300 216016 243200 455364 1050000 609 1097057 408916 200000 255364 455364 0.08420 0.91580 false false 0 0 357727 114953 242774 345935 161007 184928 112949 83394 29555 457257 CAPITAL LEASE OBLIGATION 30969 30969 Pt V, Line 4 THE BOARD DESIGNATED FUND WAS ESTABLISHED IN 2010 BY THE BOARD OF DIRECTORS WITH THE PURPOSE OF ESTABLISHING A STABLE AND RELIABLE SOURCE OF INCOME TO SUPPORT THE ORGANIZATION'S CONTINUED FUNCTIONING. AN INITIAL AMOUNT OF $200,000 WAS DESIGNATED IN 2011. DURING 2018, CNE RECEIVED $3,082,320 IN CONTRIBUTIONS WITH DONOR RESTRICTIONS. CNE RELEASED $2,240,105 IN NET ASSETS FROM RESTRICTIONS FOR USE IN PROGRAMMATIC EXPENSES. AS OF DECEMBER 31, 2018, $2,175,300 REMAINED AS NET ASSETS WITH DONOR RESTRICTIONS. true UNIVERSIDAD SAGRADO CORAZON PO BOX 12383 SAN JUAN PR 00914 660207156 501C3 75000 DISASTER PREPAREDNESS KILOMETRO 0 INC GPO BOX 362289 SAN JUAN PR 00936 660898712 N/A 93333 GENERAL SUPPORT FUNDACION FONDO ACCESO A LA JUSTICIA AVE RH TODD 800 SAN JUAN PR 00907 660831102 N/A 60700 RECOVERY FUNDING CONCALMA LLC 207 CALLE SAN FRANCISCO SAN JUAN PR 00901 660749144 N/A 30000 RECOVERY FUNDING ENDEAVOR INITIATIVE PUERTO RICO 450 AV CONSTITUCION STE 203 SAN JUAN PR 00901 660893564 501C3 25000 GENERAL SUPPORT INSTITUTO NUEVA ESCUELA 1101 ALTOS AVE SAN JUAN PR 00925 660725105 501C3 22500 DISASTER PREPAREDNESS LA FONDITA DE JESUS 704 CALLE MONSERRATE SAN JUAN PR 00907 660426787 501C3 17500 RECOVERY FUNDING PARA LA NATURALEZA PO BOX 9023554 SAN JUAN PR 00902 660801404 501C3 15000 GENERAL SUPPORT BOYS & GIRLS CLUB OF PUERTO RICO PO BOX 79526 CAROLINA PR 00984 660327584 501C3 15000 PROJECT ADVOCACY COOPERATIVA INDUSTRIAL CREACIO CARR 111 KM 603 UTUADO PR 00641 660585195 N/A 10000 RECOVERY FUNDING CUERPO CONSULTIVO DESARROLLO 1016 AVE PONCE DE LEON SAN JUAN PR 00925 660892461 N/A 10000 RECOVERY FUNDING FIDEICOMISO ESCUELA DE DERECHO PO BOX 23349 SAN JUAN PR 00931 666012387 501C3 10000 PROJECT SUPPORT CENTRO DE PERIODISMO INVESTIGATIVO PO BOX 66834 SAN JUAN PR 00914 660705065 501C3 10000 PROJECT FACT CHECK AYUDA LEGAL PR 1606 AVE PONCE DE LEON SAN JUAN PR 00918 660890750 501C3 7350 GENERAL SUPPORT 9 5 Pt I Line 2 IN ORDER TO GRANT A CONTRIBUTION TO ANOTHER NON-PROFIT ORGANIZATION, CNE REQUESTS A FORMAL PROPOSAL WITH A DETAILED BUDGET FOR THE AMOUNT REQUESTED AND A RESOLUTION FROM THE PROSPECTIVE GRANTEE'S BOARD OF DIRECTORS THAT DESIGNATES THE PERSON RESPONSIBLE FOR ACCEPTING, SIGNING, AND EXECUTING THE MEMORANDUM OF UNDERSTANDING (MOU). THE MOU DETAILS PAYMENT DISBURSEMENT DATES WHICH ARE CONTINGENT UPON DELIVERY OF NARRATIVE AND FINANCIAL REPORTS BY SPECIFIED DUE DATES. X true true X X X X false false false false false false false false false MIGUEL A SOTO CLASS 191000 0 55300 0 0 0 0 0 12423 0 258723 0 0 0 SERGIO MARXUACH 140000 0 16300 0 0 0 0 0 0 0 156300 0 0 0 X 1 100870 FMV false false false Pt VI, Line 11b BEFORE FILING THE FORM 990, A FINAL COPY IS SENT TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW. AFTER THE BOARD COMPLETES ITS REVIEW, THE FORM 990 IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. Pt VI, Line 12c ALL EMPLOYEES AND BOARD MEMBERS REVIEW THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ON A YEARLY BASIS AND REPORT ANY POTENTIAL CONFLICTS TO THE BOARD CHAIR. Pt VI, Line 15a THE PRESIDENT'S SALARY IS REVIEWED AND DETERMINED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. Pt VI, Line 15b ALL STAFF SALARIES AND BONUSES ARE DETERMINED BY THE PRESIDENT WITH INPUT FROM THE BOARD OF DIRECTORS. Pt VI, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Other PART I, LINE 1 & PART III, LINE I: THE CENTER FOR THE NEW ECONOMY (CNE) IS AN INDEPENDENT, NON-PARTISAN THINK TANK THAT ADVOCATES FOR THE DEVELOPMENT OF A NEW ECONOMY FOR PUERTO RICO. FOUNDED IN 1998, CNE PRODUCES RIGOROUS PUBLIC POLICY RESEARCH AND ANALYSIS, AND IS ONE OF THE MOST CREDIBLE AND INFLUENTIAL VOICES ON PUERTO RICO'S ECONOMY. AS A THINK TANK, WE ARE GUIDED BY THE FOLLOWING VALUES: INDEPENDENCE, IMPACT, AND INTELLECTUAL QUALITY. Form 990, Part III, Line 4d THE CNE GROWTH COMMISSION: THIS INITIATIVE BRINGS TOGETHER 483599. 11585. 0. Form 990, Part III, Line 4d RED FUNDACIONES: THIS IS AN EDUCATIONAL PROJECT 40000. 0. 0. Form 990, Part III, Line 4d ESCUELA DE INCIDENCIA: THIS IS A CAPACITY-BUILDING AND 15892. 0. 0. ESPACIOS ABIERTOS LLC 206 TETUAN ST STE 1002 SAN JUAN PR 00091 660831619 CIVIC ENGAGEMENT PR 1369280 447039 CENTER FOR THE NEW ECONOMY INC