CENTER FOR A NEW ECONOMY INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CENTER FOR A NEW ECONOMY INC (EIN 66-0566096)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-12
- IRS object ID
- 202133169349313203
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-12T16:31:06-08:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lane & Company CPAs | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1717 Pennsylvania Avenue NW Suite 4 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 660566096 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTER FOR A NEW ECONOMY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CENT | BusinessNameControlTxt |
| Phone | 7876221120 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9024240 | AddressLine1Txt |
| City | San Juan | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 00901 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MIGUEL A SOTO CLASS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7876221120 | PhoneNum |
| Signature | 2021-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MIGUEL | PersonFirstNm |
| Person Last | SOTO CLASS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT E LANE | PreparerPersonNm |
| PTIN | P01622353 | PTIN |
| Phone | 2024636500 | PhoneNum |
| Preparation | 2021-11-12 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MIGUEL A SOTO CLASS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 206 TETUAN STREET SUITE 1002 | AddressLine1Txt |
| City | SAN JUAN | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 00091 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,102,368 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GRUPOCNE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | PR | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 14 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,819,151 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,646,810 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $30,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $58,611 | PYInvestmentIncomeAmt |
| CY Investment Income | $315,686 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,660 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,879,422 | PYTotalRevenueAmt |
| CY Total Revenue | $1,992,496 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $421,582 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $24,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,722,895 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,590,308 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $187,306 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,944,604 | PYOtherExpensesAmt |
| CY Other Expenses | $633,565 | CYOtherExpensesAmt |
| PY Total Expenses | $4,089,081 | PYTotalExpensesAmt |
| CY Total Expenses | $2,247,873 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,209,659 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$255,377 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,730,723 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,810,862 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $128,961 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $412,209 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,601,762 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,398,653 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | Yes (true) | SignificantChangeInd |
| Expense | $1,597,524 | ExpenseAmt |
| Grant | $24,000 | GrantAmt |
| Revenue | $30,000 | RevenueAmt |
| Desc | IN 2020, CNE FOCUSED ITS WORK ON FOUR KEY AREAS TO SUPPORT ITS MISSION: RELIABLE AND ACCESSIBLE ENERGY, LOCALLY-LED RECONSTRUCTION, ENHANCED EFFECTIVENESS OF FEDERAL POLICIES, AND SECURE AND AFFORDABLE HOUSING. IN EACH OF THESE AREAS SEMINAL RESEARCH AND EDUCATIONAL EFFORTS WERE CONDUCTED, SUCH AS ANALYSIS OF A LONG-TERM AGREEMENT FOR THE OPERATION AND MANAGEMENT OF PUERTO RICO'S ENERGY TRANSMISSION AND DISTRIBUTION SYSTEM, SEVERAL DASHBOARDS ON COVID-19 RISK AMONG DIFFERENT PROFESSIONS AND SECTORS, AND ANALYSIS OF THE CARES ACT, AMONG OTHERS. THE COMMUNICATIONS TEAM ALSO DEVELOPED A DAILY NEWSLETTER AIMED AT KEEPING OUR AUDIENCES ABREAST OF THE LATEST UPDATES RELATED TO PUERTO RICO AND THE WORLD DURING THE START OF THE PANDEMIC AND THEN PIVOTED TO A WEEKLY AND MONTHLY FORMAT WHERE WE DIVE DEEP INTO A VARIETY OF ISSUES CONFRONTING PUERTO RICO. | Desc |
| Total Program Service Expenses | $1,597,524 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 14 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7876221120 | PhoneNum |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 206 TETUAN ST STE 1002 BPPR BLDG | AddressLine1Txt |
| City | SAN JUAN | CityNm |
| Country | RQ | CountryCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| CAROLINE MCCONNIE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VADIM NIKITINE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANTONIO LUIS FERRE-RANGEL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LUIS SILVA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH CAREY BURWELL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOAQUIN BACARDI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PINSY RIVERA-ORTIZ | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JACQUES CHAPPUIS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JORGE COLON-GERENA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ENRIQUE VILA-BIAGGI | |||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MIGUEL A SOTO CLASS | |||||||
| PRESIDENT/BOARD SECRETARY & TREASURER | 40.00 | Yes (X) | $240,700 | $0 | $10,755 | Yes (X) | |
| SERGIO MARXUACH | |||||||
| ASSISTANT SECRETARY, POLICY DIRECTOR | 40.00 | $158,600 | $0 | $0 | Yes (X) | ||
| ROSANNA TORRES | |||||||
| DIRECTOR, D.C. OFFICE | 40.00 | $138,300 | $0 | $0 | Yes (X) | ||
| DEEPAK LAMBA | |||||||
| RESEARCH DIRECTOR | 40.00 | $130,600 | $0 | $2,957 | Yes (X) | ||
| NURIA ORTIZ | |||||||
| EXECUTIVE DIRECTOR | 40.00 | $104,300 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $772,500 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $13,712 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $232,000 | GovernmentGrantsAmt |
| All Other Contributions | $1,414,810 | AllOtherContributionsAmt |
| Noncash Contributions | $201,983 | NoncashContributionsAmt |
| Total Contributions | $1,646,810 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MANAGEMENT FEE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $30,000 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $30,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,766 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $28,766 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $396,792 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $109,872 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $286,920 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $286,920 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $286,920 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,992,496 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $315,686 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,000 | TotalAmt |
| Program Services | $24,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $410,055 | TotalAmt |
| Program Services | $323,284 | ProgramServicesAmt |
| Management And General | $48,997 | ManagementAndGeneralAmt |
| Fundraising | $37,774 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,012,331 | TotalAmt |
| Program Services | $798,112 | ProgramServicesAmt |
| Management And General | $120,963 | ManagementAndGeneralAmt |
| Fundraising | $93,256 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,733 | TotalAmt |
| Program Services | $49,458 | ProgramServicesAmt |
| Management And General | $7,496 | ManagementAndGeneralAmt |
| Fundraising | $5,779 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,189 | TotalAmt |
| Program Services | $82,930 | ProgramServicesAmt |
| Management And General | $12,569 | ManagementAndGeneralAmt |
| Fundraising | $9,690 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,751 | TotalAmt |
| Program Services | $3,160 | ProgramServicesAmt |
| Management And General | $1,727 | ManagementAndGeneralAmt |
| Fundraising | $864 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,712 | TotalAmt |
| Program Services | $18,526 | ProgramServicesAmt |
| Management And General | $10,122 | ManagementAndGeneralAmt |
| Fundraising | $5,064 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,005 | TotalAmt |
| Program Services | $25,831 | ProgramServicesAmt |
| Management And General | $14,113 | ManagementAndGeneralAmt |
| Fundraising | $7,061 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,800 | TotalAmt |
| Program Services | $15,949 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $1,851 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,605 | TotalAmt |
| Program Services | $66,084 | ProgramServicesAmt |
| Management And General | $9,911 | ManagementAndGeneralAmt |
| Fundraising | $6,610 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,971 | TotalAmt |
| Program Services | $24,713 | ProgramServicesAmt |
| Management And General | $13,502 | ManagementAndGeneralAmt |
| Fundraising | $6,756 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,693 | TotalAmt |
| Program Services | $115,235 | ProgramServicesAmt |
| Management And General | $16,475 | ManagementAndGeneralAmt |
| Fundraising | $10,983 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,143 | TotalAmt |
| Program Services | $17,096 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $1,047 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,867 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $6,867 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,359 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $67,359 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,704 | TotalAmt |
| Program Services | $12,352 | ProgramServicesAmt |
| Management And General | $12,352 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| TAXES | $3,392 | $0 | $3,392 | $0 |
| BAD DEBT EXPENSE | $15,000 | $0 | $15,000 | $0 |
| DUES & SUBSCRIPTIONS | $20,794 | $20,794 | $0 | $0 |
| LOSS ON DISPOSITION OF ASSETS | $91,167 | $0 | $91,167 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,602 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $11,031 | ManagementAndGeneralAmt |
| Fundraising | $571 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,247,873 | TotalAmt |
| Program Services | $1,597,524 | ProgramServicesAmt |
| Management And General | $463,043 | ManagementAndGeneralAmt |
| Fundraising | $187,306 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $568,068 | BOYAmt |
| EOY | $846,580 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $431,035 | BOYAmt |
| EOY | $9,040 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,570 | BOYAmt |
| EOY | $161 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $542,471 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $356,773 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,786 | BOYAmt |
| EOY | $185,698 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,344,264 | BOYAmt |
| EOY | $1,769,383 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,730,723 | BOYAmt |
| EOY | $2,810,862 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,961 | BOYAmt |
| EOY | $312,209 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $100,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,961 | BOYAmt |
| EOY | $412,209 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,421,843 | BOYAmt |
| EOY | $2,339,687 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,919 | BOYAmt |
| EOY | $58,966 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,601,762 | BOYAmt |
| EOY | $2,398,653 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,730,723 | BOYAmt |
| EOY | $2,810,862 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$255,377 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $219,491 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$167,223 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
| Other Support Sum | $0 | OtherSupportSumAmt |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,236,244 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,550,907 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,192,947 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,819,151 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,646,810 | CurrentTaxYearAmt |
| Total | $15,446,059 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,236,244 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,550,907 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,192,947 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,819,151 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,646,810 | CurrentTaxYearAmt |
| Total | $15,446,059 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $6,175,224 | SubstantialContributorsTotAmt |
| Public Support Total170 | $9,270,835 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,920 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,036 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,006 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $58,611 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,766 | CurrentTaxYearAmt |
| Total | $140,339 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,515 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $431 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,660 | CurrentTaxYearMinus1YearAmt |
| Total | $6,606 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $15,593,004 | TotalSupportAmt |
| Public Support CY170 | 0.59460 | PublicSupportCY170Pct |
| Public Support PY170 | 0.57530 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt II Ln 10 | FormAndLineReferenceDesc |
| Explanation | Other Income Part II, Line 10 Description: OTHER INCOME 2016: 4515. 2018: 431. 2019: 1660. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $532 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $2,261 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $2,793 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,594,731 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,597,524 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $229,876 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $57,469 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $299,356 | CurrentYearMinus3Amt |
| Current Year Minus2 | $330,749 | CurrentYearMinus2Amt |
| Current Year Minus1 | $313,914 | CurrentYearMinus1Amt |
| Current Year | $229,876 | CurrentYearAmt |
| Total | $1,173,895 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $1,760,843 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $48,944 | CurrentYearMinus3Amt |
| Current Year Minus2 | $125,719 | CurrentYearMinus2Amt |
| Current Year Minus1 | $10,004 | CurrentYearMinus1Amt |
| Current Year | $2,261 | CurrentYearAmt |
| Total | $186,928 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $74,839 | CurrentYearMinus3Amt |
| Current Year Minus2 | $82,687 | CurrentYearMinus2Amt |
| Current Year Minus1 | $78,479 | CurrentYearMinus1Amt |
| Current Year | $57,469 | CurrentYearAmt |
| Total | $293,474 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $440,211 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $0 | CurrentYearMinus3Amt |
| Current Year Minus2 | $0 | CurrentYearMinus2Amt |
| Current Year Minus1 | $344 | CurrentYearMinus1Amt |
| Current Year | $532 | CurrentYearAmt |
| Total | $876 | TotalAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Book Value | $0 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $193,874 | OtherCostOrOtherBasisAmt |
| Depreciation | $91,203 | DepreciationAmt |
| Book Value | $102,671 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $274,198 | OtherCostOrOtherBasisAmt |
| Depreciation | $191,171 | DepreciationAmt |
| Book Value | $83,027 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $74,399 | OtherCostOrOtherBasisAmt |
| Depreciation | $74,399 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $185,698 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $2,311,987 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $219,491 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $219,491 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,092,496 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,092,496 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,156,706 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $2,156,706 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $191,167 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $191,167 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,347,873 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt XII, Line 4b | FormAndLineReferenceDesc |
| Explanation | NON-OPERATING LOSSES REPORTED SEPARATELY FROM EXPENSES ON THE AUDITED FINANCIAL STATEMENTS, BUT GROUPED WITH EXPENSES FOR THE PURPOSES OF THE FORM 990. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| CONPRMETIDOS CORP | |||||||
| 1511 AVE PONCE DE LEON STE K | SAN JUAN | PR | 00909 | 660780024 | 501C3 | $10,000 | GENERAL SUPPORT |
| PROYECTO 85 INC | |||||||
| URB CAMINO REAL BUZON 30 | CAGUAS | PR | 00727 | 660911184 | 501C3 | $7,500 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt I Line 2 | FormAndLineReferenceDesc |
| Explanation | 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 PERFORMS A DUE DILIGENCE PROCESS ON THE PROSPECTIVE GRANTEE. IF DETERMINED FAVORABLE, A MEMORANDUM OF UNDERSTANDING (MOU) IS SIGNED BETWEEN CNE AND A DESIGNATED REPRESENTATIVE OF THE PROSPECTIVE GRANTEE. THE MOU ESTABLISHES, AMONG OTHER AGREEMENTS, PAYMENT DISBURSEMENT DATES WHICH ARE CONTINGENT UPON DELIVERY OF NARRATIVE AND FINANCIAL REPORTS BY SPECIFIED DUE DATES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MIGUEL A SOTO CLASS | |||||||||||||
| $190,100 | $0 | $50,600 | $0 | $0 | $0 | $0 | $0 | $10,755 | $0 | $251,455 | $0 | $0 | $0 |
| SERGIO MARXUACH | |||||||||||||
| $140,000 | $0 | $18,600 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $158,600 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $201,983 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt III, Line 3 | IN JANUARY 2020, CNE SPUN OFF ITS FORMERLY DISREGARDED ENTITY, ESPACIOS ABIERTOS (OPEN SPACES) LLC. AS PART OF THE TRANSITION AGREEMENT, CNE TRANSFERRED THE ENTIRETY OF ITS OWNERSHIP INTEREST TO ESPACIOS ABIERTOS AND FULLY DISSOCIATED FROM THE ENTITY. AS A RESULT, CNE IS NO LONGER INVOLVED IN THE CONDUCT OF SEVERAL ESPACIOS ABIERTOS PROGRAMS THAT WERE PREVIOUSLY REPORTED ON THE FORM 990. THESE PROGRAMS ARE: THE PUERTO RICO RECOVERY FUND, REIMAGINA PUERTO RICO, CIVIC INFRASTRUCTURE, FISCAL ACCOUNTABILITY, AND SUBSTANTIVE ISSUES, PROGRAMS & CIVIC CAPACITY. ADDITIONALLY, ALL DONOR RESTRICTIONS FOR THE CNE PRIOR PROGRAMS PUERTO RICO RECOVERY FUND AND REIMAGINA PUERTO RICO WERE SATISFIED DURING 2020 AND NO NEW FUNDS WERE RAISED, THEREBY CLOSING BOTH PROGRAMS. |
| 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 A 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. |
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