2022-11-14T09:54:26-06:00 2021-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2021-01-01 521368964 ECONOMIC POLICY INSTITUTE ECON 2027758810 1225 EYE STREET NW 600 WASHINGTON DC 20005 HEIDI SHERIHOLZ PRESIDENT 2027758810 2022-11-14 1 HEIDI SHERIHOLZ 999009999 RICHARD J LOCASTRO CPA P00288314 3019519090 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z HEIDI SHERIHOLZ 1225 EYE STREET NW 600 WASHINGTON DC 20005 16543411 0 X WWW.EPI.ORG X 1984 DC SEE PART III, LINE 1. 29 28 62 28 0 0 11626793 16234706 13220 1381 0 -711 737422 224060 12377435 16459436 386316 1915881 0 0 5767551 6202312 0 0 574227 1765404 2300130 7919271 10418323 4458164 6041113 13495270 19510723 1550352 1510894 11944918 17999829 X TO INFORM AND EMPOWER INDIVIDUALS TO SEEK SOLUTIONS THAT ENSURE BROADLY SHARED PROSPERITY AND OPPORTUNITY. THE INSTITUTE IS A NON-PROFIT, NON-PARTISAN THINK TANK, CREATED TO BROADEN DISCUSSIONSABOUT ECONOMIC POLICY TO INCLUDE THE NEEDS OF LOW AND MIDDLE-INCOME WORKERS. THE INSTITUTE BELIEVES EVERY WORKING PERSON DESERVES A GOOD JOB WITH FAIR PAY, AFFORDABLE HEALTH CARE, AND RETIREMENT SECURITY. TO ACHIEVE THIS GOAL, THE INSTITUTE CONDUCTS RESEARCH AND ANALYSIS ON THE ECONOMIC STATUS OF WORKING AMERICA. IN ADDITION, THE INSTITUTE PROPOSES PUBLIC POLICIES THAT PROTECT AND IMPROVE THE ECONOMIC CONDITIONS OF LOW AND MIDDLE-INCOME WORKERS AND ASSESSES POLICIES WITH RESPECT TO HOW THEY AFFECT THOSE WORKERS. 0 0 3422407 1914881 ECONOMIC ANALYSIS AND RESEARCH NETWORK (EARN): EARN IS A NATIONWIDE NETWORK OF ORGANIZATIONS ADVANCING AN INCLUSIVE, WORKER CENTERED ECONOMY THROUGH STATE AND LOCAL POLICY CHANGE AND RIGOROUS RESEARCH. WE PRODUCE RESEARCH AND POLICY ANALYSIS TO HELP OUR PARTNERS MAKE THE ECONOMIC CASE FOR POLICIES THAT WILL CREATE A MORE WORKER CENTERED, EQUITABLE ECONOMY. 2567082 1000 RESEARCH: EPI PRODUCES THE HIGHEST QUALITY RESEARCH AND POLICY ANALYSIS, WIELDING THE TOOLS OF ECONOMICS TO ADVANCE THE INTERESTS OF WORKING FAMILIES. AREAS OF RESEARCH INCLUDE LABOR STANDARDS, MACROECONOMICS, IMMIGRATION POLICY, RETIREMENT SECURITY, FISCAL POLICY, AND TRADE POLICY. 1169063 1381 POLICY: EPI USES POLICY ANALYSIS AND ADVOCACY TO BUILD POWER FOR WORKING PEOPLE. WE PARTNER WITH NATIONAL AND STATE GRASSROOTS ACTIVISTS, ADVOCACY ORGANIZATIONS, ACADEMICS, AND LABOR UNIONS TO ADVANCE ECONOMIC, RACIAL, AND GENDER JUSTICE. OUR EXPERTS PROVIDE TESTIMONY, SPEECHES, AND PRESENTATIONS AND PRODUCE ANALYSES AND REPORTS ON A VARIETY OF ISSUES FACING WORKERS. 817246 1725 COMMUNICATIONS AND PUBLIC OUTREACH: EFFECTIVELY COMMUNICATES ITS IN-DEPTH RESEARCH AND POLICY ANALYSIS IN WAYS THAT CAN BE UNDERSTOOD AND SHARED BY A VARIETY OF AUDIENCES. EPI USES PODCASTS, VIDEO EXPLAINERS, AND SOCIAL MEDIA TO SHARE OUR RESEARCH AND POLICY ANALYSIS AND RECOMMENDATIONS. 540063 PROGRAM ON RACE, ETHNICITY, AND THE ECONOMY (PREE): PREE EXPLORES AND EXPLAINS HOW RACE, ETHNICITY, AND CLASS INTERSECT TO AFFECT ECONOMIC OUTCOMES IN THE UNITED STATES. THIS IS DONE THROUGH RESEARCH, POLICY PAPERS, WORKSHOPS, SPEAKER SERIES, OTHER CONVENINGS, AND SOCIAL MEDIA. 181565 EDUCATION: DOCUMENTS THE IMPACT OF SOCIAL AND ECONOMIC INEQUALITY ON STUDENT ACHIEVEMENT, AND SUGGESTS POLICIES, WITHIN SCHOOL AND OUT, TO NARROW OUTCOME GAPS BETWEEN MIDDLE CLASS AND DISADVANTAGED STUDENTS. 1538874 1725 8697426 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 99 0 1 62 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JASPER COX 2027758810 1225 EYE STREET NW 600 WASHINGTON DC 20005 HEIDI SHIERHOLZ DIR. POL., THEN PRES (TRANS. @ 8/21) 39.70 0.30 X X 173052 0 27580 THEA M LEE PRESIDENT (UNTIL 5/2021) 39.80 0.20 X X 87733 0 7094 ELIZABETH H SHULER INTERIM CHAIR 0.10 0.10 X X 0 0 0 JULIANNE MALVEAUX SECRETARY 0.10 0.10 X X 0 0 0 GARY BASS TREASURER 0.10 0.10 X X 0 0 0 NINA BANKS MEMBER 0.10 0.00 X 0 0 0 HECTOR R CORDERO-GUZMAN MEMBER 0.10 0.00 X 0 0 0 TOM CONWAY MEMBER 0.10 0.10 X 0 0 0 ERNESTO J CORTES JR MEMBER 0.10 0.00 X 0 0 0 KEITH ELLISON MEMBER 0.10 0.00 X 0 0 0 JEFF FAUX MEMBER 0.10 0.10 X 0 0 0 JOSE P GARZA MEMBER 0.10 0.00 X 0 0 0 ELISE GOULD MEMBER 0.10 0.02 X 0 0 0 TERESA GHILARDUCCI MEMBER 0.10 0.10 X 0 0 0 JACOB HACKER MEMBER 0.10 0.00 X 0 0 0 SUSAN HELPER MEMBER 0.10 0.00 X 0 0 0 MARY KAY HENRY MEMBER 0.10 0.10 X 0 0 0 ROBERT JOHNSON MEMBER 0.10 0.00 X 0 0 0 ROBERT KUTTNER MEMBER 0.10 0.10 X 0 0 0 WILMA LIEBMAN MEMBER 0.10 0.00 X 0 0 0 LISA LYNCH MEMBER 0.10 0.00 X 0 0 0 ROBERT MARTINEZ JR MEMBER 0.10 0.00 X 0 0 0 DEBRA NESS MEMBER 0.10 0.00 X 0 0 0 MANUEL PASTOR MEMBER 0.10 0.00 X 0 0 0 LORI PELLETIER MEMBER 0.10 0.00 X 0 0 0 THOMAS PEREZ MEMBER 0.10 0.00 X 0 0 0 BECKY PRINGLE MEMBER 0.10 0.00 X 0 0 0 LEE SAUNDERS MEMBER 0.10 0.10 X 0 0 0 CHRISTOPHER M SHELTON MEMBER 0.10 0.00 X 0 0 0 RANDI WEINGARTEN MEMBER 0.10 0.10 X 0 0 0 JASPER COX DIRECTOR OF FINANCE & AMINISTRATION 40.00 0.00 X 148017 0 30938 ARLENE WILLIAMS DIR. OF DEV. & STRATEGIC PLANNING 40.00 0.00 X 168586 0 32531 JOHN SCHMITT SR. ECONOMIST & SR. ADVISOR 39.70 0.30 X 167049 0 31087 NAOMI WALKER VICE PRESIDENT 40.00 0.00 X 169469 0 27469 LYLE J BIVENS DIRECTOR OF RESEARCH 39.90 0.10 X 157956 0 27989 CELINE MCNICHOLAS DIR., GOV'T AFFAIRS & LABOR COUNSEL 39.90 1.00 X 162231 0 23492 1234093 0 208180 19 0 1 0 TERRI GERSTEIN 163 PROSPECT PARK WEST APT 1L BROOKLYN NY 11215 PROJECT CONSULTING 130000 1 28446 16206260 16234706 HONORARIA 900099 1381 1381 1381 132 132 115912 115912 97327 0 97327 97327 97327 83132 83975 -843 -843 -843 1725 0 1725 1725 OTHER REVENUE 900099 9096 9096 9096 16459436 3106 0 221624 1915881 1915881 471546 402314 35406 33826 4552541 3884145 341824 326572 355227 285070 45168 24989 417709 335894 52412 29403 405289 327169 49557 28563 57968 806 57162 29366 29366 586 586 485012 351999 133013 3354 3354 113671 80519 17791 15361 252828 124495 91725 36608 77619 77619 939642 763511 110831 65300 6871 5184 1687 2758 1856 902 108896 88442 12868 7586 10276 8450 1060 766 STAFF DEV. & EVENTS 105128 20617 82393 2118 SUBSCRIPTIONS 72820 70904 1093 823 PAYROLL PROCESSING FEES 33335 26816 4207 2312 10418323 8697426 1146670 574227 7651648 9128688 6555 4487224 8425744 517037 101780 49055 130639 1370968 885765 517931 485203 73279 996679 199096 235435 13495270 19510723 855679 828165 694673 682729 1550352 1510894 X 2876688 3325171 9068230 14674658 11944918 17999829 13495270 19510723 6041113 13798 0 X 0 1 X 1 0 X 4611537 7677597 10278524 11626793 16234706 50429157 4611537 7677597 10278524 11626793 16234706 50429157 11185659 39243498 177961 174386 174650 737422 213371 1477790 9096 9096 51916043 709960 0.75590 0.74110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 351275 187280 163995 445936 304917 141019 573757 393568 180189 485203 DEFERRED RENT ABATEMENT 628294 CAPITAL LEASE OBLIGATION 54435 682729 X 16519542 13798 46894 60692 16458850 586 586 16459436 10464631 46894 46894 10417737 586 586 10418323 PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2021, THE INSTITUTE HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 ACTION INSTITUTE NC 1817 CENTRAL AVENUE SUITE 211 CHARLOTTE NC 28205 561088116 501(C)(3) 8569 0 EDUCATIONAL RESEARCH ADELANTE ALABAMA WORKER CENTER 2104 CHAPEL HILL RD HOOVER AL 35216 465635459 501(C)(3) 8569 0 EDUCATIONAL RESEARCH ALABAMA ARISE 400 S UNION ST SUITE 340 MONTGOMERY AL 36104 631186365 501(C)(3) 100000 0 EDUCATIONAL RESEARCH ARKANSAS ADVOCATES FOR CHILDREN AND FAMILIES 1400 WEST MARKHAM STREET STE 306 LITTLE ROCK AR 72201 710492205 501(C)(3) 108569 0 EDUCATIONAL RESEARCH ARKANSAS PUBLIC POLICY PANEL 1308 WEST 2ND STREET LITTLE ROCK AR 72201 710467088 501(C)(3) 8569 0 EDUCATIONAL RESEARCH BLOCK BUILDERZ PO BOX 481203 TULSA OK 74148 611791941 501(C)(3) 7667 0 EDUCATIONAL RESEARCH BOARD OF REGENTS OF THE UNIVERSITY OF WISCONSIN 21 NORTH PARK STREET SUITE 6401 MADISON WI 537151218 371625640 GOV'T 75000 0 EDUCATIONAL RESEARCH CENTER FOR PUBLIC POLICY PRIORITIES 7020 EASY WIND DRIVE SUITE 200 AUSTIN TX 78752 742898197 501(C)(3) 100000 0 EDUCATIONAL RESEARCH CENTER FOR WORKER JUSTICE OF EASTERN IOWA 1556 SOUTH 1ST AVENUE STE C IOWA CITY IA 52240 461235166 501(C)(3) 87500 0 EDUCATIONAL RESEARCH CENTRAL OHIO WORKERS CENTER 2800 S HIGH STREET COLUMBUS OH 43207 465622456 501(C)(3) 35000 0 EDUCATIONAL RESEARCH CINCINNATI INTERFAITH WORKERS CENTER 215 EAST 14TH STREET CINCINNATI OH 45202 743215224 501(C)(3) 35000 0 EDUCATIONAL RESEARCH COMMON GOOD IOWA 505 5TH AVENUE SUITE 404 DES MOINES IA 50309 861518320 501(C)(3) 87500 0 EDUCATIONAL RESEARCH COMMONWEALTH INSTITUTE FOR FISCAL ANALYSIS 1329 EAST CARY STREET SUITE 202 RICHMOND VA 23219 271598303 501(C)(3) 96069 0 EDUCATIONAL RESEARCH CONNECTICUT VOICES FOR CHILDREN 33 WHITNEY AVENUE FIRST FLOOR NEW HAVEN CT 06510 061435280 501(C)(3) 25000 0 EDUCATIONAL RESEARCH ECONOMIC OPPORTUNITY INSTITUTE 603 STEWART ST SUITE 715 SEATTLE WA 98101 911999302 501(C)(3) 25000 0 EDUCATIONAL RESEARCH FLORIDA POLICY INSTITUTE 1001 N ORANGE AVE ORLANDO FL 32801 472759708 501(C)(3) 100000 0 EDUCATIONAL RESEARCH GEORGIA FAMILIAS UNIDAS 968 DAWSONVILLE HWY 6089 GAINESVILLE GA 30504 812392844 501(C)(3) 8569 0 EDUCATIONAL RESEARCH GRASSROOTS COLLABORATIVE 637 S DEARBORN STREET 3RD FL CHICAGO IL 60605 364328006 501(C)(3) 10000 0 EDUCATIONAL RESEARCH KENTUCKY CENTER FOR ECONOMIC POLICY 433 CHESTNUT STREET BEREA KY 40403 844979582 501(C)(3) 8569 0 EDUCATIONAL RESEARCH KENTUCKY COUNCIL OF CHURCHES 1125 RED MILE ROAD LEXINGTON KY 40504 610500820 501(C)(3) 8569 0 EDUCATIONAL RESEARCH KIDS FORWARD 555 W WASHINGTON AVE 200 MADISON WI 53703 390806301 501(C)(3) 12500 0 EDUCATIONAL RESEARCH LOS ANGELES ALLIANCE FOR A NEW ECONOMY 464 LUCAS AVE SUITE 202 LOS ANGELES CA 90017 954459427 501(C)(3) 75000 0 EDUCATIONAL RESEARCH MAINE CENTER FOR ECONOMIC POLICY PO BOX 437 AUGUSTA ME 04332 223317572 501(C)(3) 62500 0 EDUCATIONAL RESEARCH MASHWORKERS 1110 N OLD WORLD 3RD ST SUITE 304 MILWAUKEE WI 53203 823928942 501(C)(4) 87458 0 EDUCATIONAL RESEARCH METRO ORGANIZATION FOR RACIAL & ECONOMIC EQUALITY 3151 OLIVE ST KANSAS CITY MO 64109 202470054 501(C)(3) 10000 0 EDUCATIONAL RESEARCH MICHIGAN LEAGUE FOR PUBLIC POLICY 1223 TURNER STREET SUITE 1G LANSING MI 489064369 381360557 501(C)(3) 30000 0 EDUCATIONAL RESEARCH MISSISSIPPI NAACP 1072 W LYNCH STREET SUITE 10 JACKSON MS 39203 646025998 501(C)(4) 8569 0 EDUCATIONAL RESEARCH MISSOURI BUDGET PROJECT ONE CAMPBELL PLAZA STE 101 BLDG A ST LOUIS MO 63139 260062334 501(C)(3) 83252 0 EDUCATIONAL RESEARCH MISSOURI JOBS WITH JUSTICE 2725 CLIFTON AVE ST LOUIS MO 63139 431864844 501(C)(3) 116748 0 EDUCATIONAL RESEARCH NEO PHILANTHROPY INC 45 W 36TH ST 6TH FLOOR NEW YORK NY 10018 133191113 501(C)(3) 75000 0 EDUCATIONAL RESEARCH NEW VIRGINIA MAJORITY EDUCATION FUND 3801 MT VERNON AVENUE ALEXANDRIA VA 22305 271705920 501(C)(3) 8569 0 EDUCATIONAL RESEARCH NORTH CAROLINA JUSTICE CENTER PO BOX 28068 RALEIGH NC 27611 561348186 501(C)(3) 100000 0 EDUCATIONAL RESEARCH OKLAHOMA POLICY INSTITUTE 907 S DETROIT AVE 1005 TULSA OK 74120 331178624 501(C)(3) 8569 0 EDUCATIONAL RESEARCH POLICY MATTERS OHIO 3631 PERKINS AVE 4C EAST CLEVELAND OH 44114 341921881 501(C)(3) 105000 0 EDUCATIONAL RESEARCH PUBLIC ALLIES INC 735 N WATER STREET SUITE 550 MILWAUKEE WI 53202 521759564 501(C)(3) 8569 0 EDUCATIONAL RESEARCH TEXAS ORGANIZING PROJECT EDUCATION FUND PO BOX 120296 SAN ANTONIO TX 78212 271481855 501(C)(3) 8569 0 EDUCATIONAL RESEARCH TIDES CENTER LOCKBOX SERVICE BOX 399381 2440 WALNUT AVE BLDG A WINDOW H FREMONT CA 94538 943213100 501(C)(3) 144250 0 EDUCATIONAL RESEARCH TIDES FOUNDATION PO BOX 399389 SAN FRANCISCO CA 941399389 510195809 501(C)(3) 8569 0 EDUCATIONAL RESEARCH WEST VIRGINIA CENTER ON BUDGET AND POLICY 8 CAPITOL ST 4TH FL CHARLESTON WV 25301 562653132 501(C)(3) 17138 0 EDUCATIONAL RESEARCH 37 2 PART I, LINE 2: GRANT RECIPIENTS WRITE AN ANNUAL REPORT THAT DESCRIBES THEIR ACTIVITIES IN THE PRIOR GRANT YEAR AND INCLUDES A FINANCIAL REPORT. FOR THOSE THAT PERFORM AN ANNUAL AUDIT, A COPY OF THE AUDIT WAS REQUESTED WITH THEIR GRANT APPLICATION. AT THE END OF THE GRANT PERIOD, RECIPIENTS WILL WRITE A FINAL REPORT THAT INCLUDES A COMPREHENSIVE FINANCIAL STATEMENT. X X 0 0 0 0 0 0 0 0 0 ARLENE WILLIAMS DIR. OF DEV. & STRATEGIC PLANNING 168586 0 0 0 0 0 15539 0 16992 0 201117 0 0 0 HEIDI SHIERHOLZ DIR. POL., THEN PRES (TRANS. @ 8/21) 173052 0 0 0 0 0 16243 0 11337 0 200632 0 0 0 JOHN SCHMITT SR. ECONOMIST & SR. ADVISOR 167049 0 0 0 0 0 15416 0 15671 0 198136 0 0 0 NAOMI WALKER VICE PRESIDENT 169469 0 0 0 0 0 15768 0 11701 0 196938 0 0 0 LYLE J BIVENS DIRECTOR OF RESEARCH 157956 0 0 0 0 0 16001 0 11988 0 185945 0 0 0 CELINE MCNICHOLAS DIR., GOV'T AFFAIRS & LABOR COUNSEL 162231 0 0 0 0 0 14998 0 8494 0 185723 0 0 0 JASPER COX DIRECTOR OF FINANCE & AMINISTRATION 148017 0 0 0 0 0 13946 0 16992 0 178955 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE FINANCE AND ADMINISTRATION DIRECTOR. THE FINAL RETURN WAS REVIEWED BY THE FINANCE AND ADMINISTRATION DIRECTOR AND PRESIDENT AND THEN PROVIDED TO THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY REMINDERS ARE DISTRIBUTED ANNUALLY. THE ENTIRE BOARD REVIEWS THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS COMPLETED BY ALL BOARD MEMBERS. DISBURSEMENTS ARE MONITORED AND ALL NEW VENDORS ARE VETTED FOR ANY RELATIONSHIPS. IN DETERMINING A POTENTIAL CONFLICT OF INTEREST, THE INTERESTED PERSON DELIVERS ALL RELEVANT INFORMATION AND RETIRE FROM THE MEETING (BY LEAVING THE ROOM OR VIRTUAL MEETING SPACE). THE BOARD OR COMMITTEE THEN DETERMINES WHETHER OR NOT THE FINANCIAL INTEREST CREATES A CONFLICT OF INTEREST, WHICH MAY MERIT RECUSAL OF THE INTERESTED DIRECTOR FROM CONSIDERATION OF THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION OF PRESIDENT AND ANY OFFICERS BASED ON THE FORM 990 OF OTHER ORGANIZATIONS. THE PROCESS IS DOCUMENTED IN THE BOARD MEETING MINUTES. THE LAST COMPENSATION REVIEW TOOK PLACE AUGUST 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. EPI ACTION 1225 EYE STREET NW SUITE 600 WASHINGTON DC 20005 201173919 LOBBYING TO INFLUENCE ACTION ON SPECIFIC ECONOMIC POLICY ISSUES DC 501(C)(4) ECONOMIC POLICY INSTITUTE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 EPI ACTION Q 36339 COST BASIS