2018-11-15T09:03:08-08:00 2017-12-31 Lane & Company CPAs 1717 Pennsylvania Avenue NW Suite 4 Washington DC 20006 990 2017-01-01 660566096 CENTER FOR THE NEW ECONOMY INC CENT 7876221120 PO BOX 9024240 SAN JUAN PR 009024240 MIGUEL A SOTO CLASS PRESIDENT 7876221120 2018-11-15 true ROBERT E LANE P01622353 2024636500 2018-11-15 X 208.82.213.94 2018-11-15 09:02:42 PS P 08CFD1AD8CBCC6749B8F9123897879BF0476B103 08CFD1AD8CBCC6749B8F9123897879BF0476B103 2017 2019-02-21 02:37:17Z MIGUEL A SOTO CLASS 206 TETUAN STREET SUITE 1002 SAN JUAN PR 00091 11294330 false X WWW.GRUPOCNE.ORG X 1998 PR SEE SCHEDULE O 11 10 21 13 0 2236244 11277294 0 37391 17036 4515 0 2278150 11294330 82500 344740 0 1291806 1483851 0 654307 934526 8884913 2308832 10713504 -30682 580826 1957421 2757557 188264 257685 1769157 2499872 X SEE SCHEDULE O true false 1069130 6850 THE CNE GROWTH COMMISSION FOR PUERTO RICO: THIS IS AN INITIATIVE THAT SEEKS TO CHART A NEW ROAD TOWARDS SUSTAINABLE ECONOMIC DEVELOPMENT FOR PUERTO RICO. ITS PRIMARY OBJECTIVE IS TO PERFORM THE NECESSARY DIAGNOSTIC ANALYSES AND PROVIDE POLICY OPTIONS IN ORDER TO DEVELOP A DIVERSIFIED PORTFOLIO OF ECONOMIC ACTIVITIES. THE CNE GROWTH COMMISSION FOR PUERTO RICO IS COMPOSED OF ACADEMICS, POLICY MAKERS, PRIVATE SECTOR REPRESENTATIVES, AND CIVIC LEADERS WHO POSSESS EXPERTISE ON DIVERSE AREAS RELATED TO ECONOMIC GROWTH AND DEVELOPMENT. 251570 103450 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. 8148666 234440 THE PUERTO RICO RECOVERY FUND (PRRF): THE FUND CREATED BY CNE IN THE AFTERMATH OF HURRICANE MARIA'S LANDFALL ON PUERTO RICO IN SEPTEMBER 2017. THE PRRF RECEIVED BOTH IN-KIND AND CASH DONATIONS, WITH WHICH IT WAS ABLE TO DELIVER 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. 9469366 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 true 0 0 true 21 true 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 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 CHAIRMAN 1.00 X X 0 0 0 GINORIS LOPEZ-LAY VICE CHAIR 1.00 X X 0 0 0 MIGUEL A SOTO CLASS PRESIDENT/BOARD SECRETARY & TREASURER 40.00 X X 241300 0 13711 SERGIO MARXUACH POLITICAL DIRECTOR 40.00 X 155300 0 1806 DEEPAK LAMBA RESEARCH DIRECTOR 40.00 X 104300 0 5173 NYDIA SUAREZ PUBLIC AFFAIRS DIRECTOR 40.00 X 101600 0 7548 602500 28238 4 false true false 11277294 7826822 11277294 17036 17036 11294330 17036 344240 344240 500 500 255011 51002 25501 178508 1054839 630093 239561 185185 77431 43380 13853 20198 96570 48869 16131 31570 17185 0 17185 0 31810 0 31810 0 367826 254358 48106 65362 15898 0 0 15898 108648 50310 25837 32501 112551 56956 18800 36795 114587 43633 2562 68392 11500 0 11500 0 62499 0 62499 0 19259 9746 3217 6296 HURRICANE MARIA RELIEF 7914226 7914226 0 0 FUNDRAISING & OUTREACH 28721 16119 0 12602 BAD DEBT EXPENSE 33332 0 33332 0 DUES & SUBSCRIPTIONS 19998 0 18998 1000 26873 5934 20939 0 10713504 9469366 589831 654307 904373 1673206 299619 29904 200 200 624149 277342 296113 346807 457116 707440 1957421 2757557 76912 116223 111352 81003 60459 188264 257685 X 1725957 1166787 43200 1333085 1769157 2499872 1957421 2757557 580826 149889 X false true X true false X 943263 1943797 2924288 2236244 3550907 11598499 943263 1943797 2924288 2236244 3550907 11598499 4780647 6817852 7322 10113 12262 13920 17036 60653 17888 415 4515 22818 11681970 0.58360 0.53800 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: MISCELLANEOUS 2013: 17453. 2016: 4515. Description: ROYALTY INCOME 2013: 435. 2014: 415. 48944 48944 2938173 2987117 299356 74839 265442 299356 564798 847197 122278 48944 171222 66361 74839 141200 211800 243200 9486751 8153666 43200 1533085 408916 50300 216016 243200 455364 1050000 609 1097057 408916 200000 255364 455364 200000 200000 0.13000 0.87000 false false 308092 81783 226309 203108 127315 75793 112949 68244 44705 346807 CAPITAL LEASE OBLIGATION 60459 60459 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 2017, CNE RECEIVED $9,486,751 IN TEMPORARILY RESTRICTED CONTRIBUTIONS, INCLUDING $7,726,386 OF NON-CASH CONTRIBUTIONS IN THE FORM OF HURRICANE MARIA RELIEF SUPPLIES. CNE RELEASED $8,153,666 IN TEMPORARILY RESTRICTED FUNDS FOR USE IN GRANTS, DISTRIBUTION OF DISASTER SUPPLIES, AND ADMINISTRATIVE EXPENSES. AS OF DECEMBER 31, 2017, $1,333,085 REMAINED AS TEMPORARILY RESTRICTED NET ASSETS. true CASA DE NINOS MANUEL FERNANDEZ PO BOX 362408 SAN JUAN PR 00936 660191935 501C3 8000 DISASTER RELIEF G-8 INC PBM 1873 CALLE PARIS 243 SAN JUAN PR 00914 660681723 501C3 20000 DISASTER RELIEF INSTITUTO NUEVA ESCUELA INC 1101 AVENIDA PONCE DE LEON SAN JUAN PR 00925 660725105 501C3 15000 DISASTER RELIEF JUAN DOMINGO EN ACCION INC 1353 LUIS VIGOREAUX AVE PMB 674 GUAYNABO PR 00966 660394776 501C3 10000 DISASTER RELIEF NAMB 4200 N POINT ALPHARETTA GA 30022 582379481 501C3 33000 DISASTER RELIEF PECES INC PO BOX 647 PUNTA SANTIAGO PR 00741 660731827 N/A 10000 DISASTER RELIEF PROYECTO MATRIA 31 CALLE JIMENEZ SICARDO CAGUAS PR 00725 660641575 501C3 15700 DISASTER RELIEF BOYS & GIRLS CLUBS OF PUERTO RICO PO BOX 79526 CAROLINA PR 00984 660327584 501C3 15000 GENERAL SUPPORT CENTRO DE PERIODISMO INVESTIGATIVO PO BOX 6834 SAN JUAN PR 00914 660705065 501C3 60500 GENERAL SUPPORT UNIVERSITY OF PUERTO RICO PO BOX 23349 SAN JUAN PR 00931 666012387 501C3 25000 GENERAL SUPPORT 9 1 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 241300 13711 255011 SERGIO MARXUACH 155300 1806 157106 X 1 100435 X 3440 1282089 X 59 20000 X DISASTER RELIEF SUPPLIES 998 2044864 X TRANSPORT OF SUPPLIES 1 4336201 X SUPPLIES STORAGE 1 43232 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 AND OUTSOURCED ACCOUNTANTS. Pt VI, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Pt III, Line 2 HURRICANE MARIA RELIEF EFFORTS (DESCRIBED IN PART III, LINE 4C) IS A NEW PROGRAM IN 2017. 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. ESPACIOS ABIERTOS LLC 206 TETUAN ST STE 1002 SAN JUAN PR 00091 660831619 CIVIC ENGAGEMENT PR CENTER FOR THE NEW ECONOMY INC