New Economy Project Inc

“The new economy project board of directors will review and approve the 990 prior to its submission.”

“All new board members and employees receive copy of the organization's written conflict of interest policy, whereupon they sign a statement that they have received and understood the policy. Officers, directors, and key employees of the organization are required to describe on an annual basis, or as they arise, any potential and actual conflicts of interest.”

“AFTER THE FISCAL YEAR END, THE BOARD OF DIRECTORS CONDUCTs AN INDEPENDENT REVIEW OF the ORGANIZATION'S Three Co-DIRECTORS' COMPENSATION, ON AN ANNUAL BASIS. THE BOARD APPROVES EXECUTIVE COMPENSATION AT THE ORGANIZATION IF IT FINDS THE COMPENSATION IS REASONABLE. TO DETERMINE THE REASONABLENESS, THE BOARD CONSIDERS SUCH FACTORS AS COMPENSATION OF EXECUTIVES WITH COMPARABLE QUALIFICATIONS AT NO FEWER THAN THREE OTHER ORGANIZATIONS OF COMPARABLE SIZE, MISSION AND SCOPE.”

“New economy project makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Also, new economy project timely files its nys char 500 annual report with the new york state office of attorney general. The nysoag posts the char 500 together with the federal tax form 990 and the audited financial statements on its charities bureau website.”

“Reserve for loan losses = $4201”

“New Economy Project works with community groups in New York City to promote economic justice, and to build a new economy based on principles of cooperation, democracy, equity, racial justice, and ecological sustainability. New Economy Project provides strategic support to community groups, conducts extensive community education and outreach, operates a financial justice hotline and a loan fund for DREAMers, and coordinates several effective city- and state-wide coalitions that bring together diverse organizations to promote economic justice and a new economy.”