2025-11-07T15:59:32-06:00 2024-12-31 521738520 LANE & COMPANY CPAS 5335 WISCONSIN AVE NW WASHINGTON DC 20015 990 2024-01-01 660566096 CENTER FOR A NEW ECONOMY INC CENT 7876221120 PO BOX 9024240 SAN JUAN PR 00902 ROSANNA TORRES PIZARRO PRESIDENT 7876221120 2025-11-07 1 1 ROBERT E LANE P01622353 2026172615 2025-10-22 X 2024 2025-03-06 01:10:19Z ROSANNA TORRES PIZARRO PO BOX 9024240 SAN JUAN PR 00902 2005504 0 X WWW.GRUPOCNE.ORG X 1998 PR THE CENTER FOR A NEW ECONOMY (CNE) IS PUERTO RICO'S FIRST AND FOREMOST POLICY THINK TANK, AN INDEPENDENT, NONPARTISAN GROUP THAT ADVOCATES FOR THE DEVELOPMENT OF A NEW ECONOMY FOR PUERTO RICO. WE SEEK TO INFORM CURRENT POLICY DEBATES AND FIND SOLUTIONS TO TODAY'S MOST PRESSING AND COMPLEX ECONOMIC DEVELOPMENT PROBLEMS BY RIGOROUSLY ANALYZING HARD DATA AND PRODUCING ROBUST EMPIRICAL RESEARCH. 11 10 13 10 0 0 1830909 1974160 20000 0 52392 31098 172 246 1903473 2005504 29653 25345 0 0 1146110 1446179 0 0 145964 734643 552813 1910406 2024337 -6933 -18833 2962723 3822547 941529 1161170 2021194 2661377 X SEE PART I, LINE 1 SCHEDULE O DISCLOSURE 0 0 1543555 25345 0 IN 2024, CNE CONTINUED TO LEAD EFFORTS TO IMPROVE THE SOCIOECONOMIC WELL-BEING OF PUERTO RICO THROUGH INDEPENDENT, EVIDENCE-BASED RESEARCH AND FORWARD-LOOKING POLICY ANALYSIS. OUR WORK FOCUSED ON CRITICAL AREAS INCLUDING ENERGY ACCESS AND RELIABILITY, POVERTY ALLEVIATION, FOOD SECURITY, INDUSTRIAL POLICY, AND THE EFFECTIVE DESIGN AND DELIVERY OF FEDERAL PROGRAMS. AMONG OUR KEY CONTRIBUTIONS, CNE PRODUCED A COMPREHENSIVE REVIEW OF THE U.S. DEPARTMENT OF ENERGY'S STUDY ON PUERTO RICO'S ELECTRIC GRID, WHICH WAS WIDELY DISSEMINATED TO INFORM PUBLIC UNDERSTANDING AND SUPPORT INFORMED POLICYMAKING ON GRID MODERNIZATION. WE ALSO PUBLISHED A LANDMARK POLICY PAPER ADVOCATING FOR A MODERN INDUSTRIAL POLICY TAILORED TO PUERTO RICO'S ECONOMIC REALITIES, AND RELEASED AN IN-DEPTH SUMMARY OF THE MANY COMPLEX AND OVERLAPPING INITIATIVES RESHAPING THE ISLAND'S ENERGY SECTOR. IN PARTNERSHIP WITH THE FINRA FOUNDATION, CNE PUBLISHED A MAJOR REPORT ON THE FINANCIAL CAPABILITY OF INDIVIDUALS AND HOUSEHOLDS IN PUERTO RICO, SHEDDING LIGHT ON CRITICAL CHALLENGES AND OPPORTUNITIES FOR LOCAL RESIDENTS. THESE PUBLICATIONS RECEIVED BROAD MEDIA COVERAGE AND CONTRIBUTED MEANINGFULLY TO PUBLIC DIALOGUE AND POLICY DEBATES. THROUGHOUT THE YEAR, OUR WORK WAS CONSISTENTLY SHARED THROUGH NEWSLETTERS, MEDIA OUTLETS, AND PUBLIC FORUMS-REINFORCING CNE'S ROLE AS A TRUSTED, NONPARTISAN SOURCE OF KNOWLEDGE AND ANALYSIS DEDICATED TO THE ISLAND'S LONG-TERM DEVELOPMENT. 1543555 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 7876221120 206 TETUAN ST STE 1002 BPPR BLGD SAN JUAN PR 00901 MIGUEL SOTO-CLASS PRESIDENT 40.00 X X 244100 0 15720 ENRIQUE VILA BIAGGI BOARD CHAIR 1.00 X X 0 0 0 JOAQUIN BACARDI DIRECTOR 1.00 X 0 0 0 ELIZABETH CAREY BURWELL 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 ANTONIO L FERRE RANGEL DIRECTOR 1.00 X 0 0 0 CAROLINE MCCONNIE DIRECTOR 1.00 X 0 0 0 PINSY RIVERA DIRECTOR 1.00 X 0 0 0 LUIS SILVA DIRECTOR 1.00 X 0 0 0 EDWIN J PEREZ DIRECTOR 1.00 X 0 0 0 SERGIO MARXUACH POLICY DIRECTOR, ASSISTANT SECRETARY 40.00 X 160600 0 0 NURIA ORTIZ EXECUTIVE DIRECTOR, SECRETARY 40.00 X 105100 0 0 CARMEN VARGAS NIN FINANCE & ADMIN DIRECTOR, TREASURER 40.00 X 98600 0 13209 ROSANNA TORRES PIZARRO DIRECTOR OF THE WASHINGTON DC OFFICE 40.00 X 128633 0 0 NYDIA SUAREZ MARIN PUBLIC AFFAIRS DIRECTOR 40.00 X 102100 0 7773 ENRIQUE FIGUEROA GRILLASCA RESEARCH ASSOCIATE 40.00 X 100300 0 0 939433 0 36702 7 0 1 0 0 1974160 1974160 31098 31098 OTHER INCOME 900099 246 246 246 2005504 246 0 31098 25345 25345 637329 510960 67797 58572 680064 545221 72343 62500 32317 25909 3438 2970 96469 77341 10262 8866 6679 6679 48815 48815 24345 24345 56382 56382 98152 74669 17316 6167 8683 5112 3571 122577 116733 5844 71371 64482 6889 64643 64643 26360 26360 22741 17056 5685 TAXES 2065 2065 2024337 1543555 334818 145964 279492 148464 31400 172473 158 158 481798 430938 74253 50860 2443419 3351593 134001 98999 2962723 3822547 291823 31990 516952 1031588 132754 97592 941529 1161170 X 1921194 2561377 100000 100000 2021194 2661377 2962723 3822547 -18833 659016 0 X 0 1 X 1 0 X 1646810 2309413 1804409 1830909 1974160 9565701 1646810 2309413 1804409 1830909 1974160 9565701 1927228 7638473 28766 91293 12957 52392 31098 216506 1624 153 172 246 2195 9784402 0.78070 0.76290 X PT II LN 10 OTHER INCOME 2020 : 0. 2021: 1624. 2022: 153. 2023: 172. 2024: 246. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2024337 2024337 251217 62804 0 0 286832 263111 245520 251217 1046680 1570020 0 0 0 0 71708 65778 61380 62804 261670 392505 0 0 0 0 193874 154467 39407 213525 202072 11453 74399 74399 0 50860 LEASE LIABILITY 97592 97592 2751666 659016 87146 746162 2005504 0 2005504 2111483 87146 87146 2024337 0 2024337 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MIGUEL SOTO-CLASS PRESIDENT 191000 0 53100 0 0 0 0 0 15720 0 259820 0 0 0 SERGIO MARXUACH POLICY DIRECTOR, ASSISTANT SECRETARY 140000 0 20600 0 0 0 0 0 0 0 160600 0 0 0 FORM 990, PART VI, SECTION B, 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. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO CERTIFY THEIR COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ON A YEARLY BASIS AND REPORT ANY POTENTIAL CONFLICTS TO THE BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 PT VI, LINE 15A: THE PRESIDENT'S SALARY IS REVIEWED AND DETERMINED BY THE BOARD OF DIRECTORS. PT VI, LINE 15B: ALL STAFF SALARIES AND BONUSES ARE DETERMINED BY THE PRESIDENT WITH INPUT FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.