NEW ECONOMY PROJECT: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
NEW ECONOMY PROJECT (EIN 13-3842270)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-03-07
IRS object ID
201230679349300208
Schema version
2010v3.2
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-03-07T07:03:29-08:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Koch Group & Co LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1333 Seventh Avenue Floor 8AddressLine1
CityNew YorkCity
StateNYState
ZIP Code100015118ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN133842270EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1NEIGHBORHOOD ECONOMIC DEVELOPMENTBusinessNameLine1
Business Name Line2ADVOCACY PROJECT INCBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlNEIGNameControl
Phone2126805100Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1176 GRAND STREETAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10013ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSARAH I LUDWIGName
TitleCo-DirectorTitle
Date Signed2012-03-07DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameStuart KochName
Phone2126310700Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonSARAH I LUDWIGNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1530 1ST STAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11215ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1617277GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
All Affiliates IncludedfalseAllAffiliatesIncluded
Organization501c3XOrganization501c3
Web SiteWWW.NEDAP.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1995YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTO PROMOTE COMMUNITY ECONOMIC JUSTICE AND TO ELIMINATE DISCRIMINATORY ECONOMIC PRACTICES THAT HARM COMMUNITIES AND PERPETUATE INEQUALITY AND POVERTY.ActivityOrMissionDescription
Nbr Voting Members Governing Body9NbrVotingMembersGoverningBody
Nbr Independent Voting Members9NbrIndependentVotingMembers
Total Nbr Employees16TotalNbrEmployees
Total Nbr Volunteers4TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year2454717ContributionsGrantsPriorYear
Contributions Grants Current Year1466872ContributionsGrantsCurrentYear
Program Service Revenue Prior Year226962ProgramServiceRevenuePriorYear
Program Service Revenue CY112412ProgramServiceRevenueCY
Investment Income Prior Year35722InvestmentIncomePriorYear
Investment Income Current Year37993InvestmentIncomeCurrentYear
Other Revenue Prior Year5345OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year2722746TotalRevenuePriorYear
Total Revenue Current Year1617277TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year256553GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY445243GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year784174SalariesEtcPriorYear
Salaries Etc Current Year863401SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year65635TotalFundrsngExpCurrentYear
Other Expense Prior Year203310OtherExpensePriorYear
Other Expenses Current Year241820OtherExpensesCurrentYear
Total Expenses Prior Year1244037TotalExpensesPriorYear
Total Expenses Current Year1550464TotalExpensesCurrentYear
Revenues Less Expenses Prior Year1478709RevenuesLessExpensesPriorYear
Revenues Less Expenses CY66813RevenuesLessExpensesCY
Total Assets BOY3923590TotalAssetsBOY
Total Assets EOY3970192TotalAssetsEOY
Total Liabilities BOY20868TotalLiabilitiesBOY
Total Liabilities EOY48705TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY3902722NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY3921487NetAssetsOrFundBalancesEOY
Mission DescriptionNEDAP is a resource and advocacy center for community groups in New York City. Our mission is to promote community economic justice and to eliminate discriminatory economic practices that harm communities and perpetuate inequality and poverty. We envision a just and sustainable world, in which all people live in safe, thriving, healthy communities. We believe that fundamental change is necessary to attain that world.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense1306840Expense
Grants445244Grants
Revenue1172033Revenue
DescriptionTO PROVIDE ORGANIZING, TECHNICAL AND LEGAL SUPPORT ON A BROAD RANGE OF FINANCIAL JUSTICE, COMMUNITY ECONOMIC DEVELOPMENT AND REINVESTMENT MATTERS.Description
Total Program Service Expense1306840TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiestruePoliticalActivities
Lobbying ActivitiestrueLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationtrueBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshptrueOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10965NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees16NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Form990-T FiledfalseForm990-TFiled
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Form8886 T FiledfalseForm8886TFiled
Non Deductible ContributionsfalseNonDeductibleContributions
Non Deductible DisclosurefalseNonDeductibleDisclosure
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Quid Pro Quo DisclosurefalseQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Number Of8282 Filed0NumberOf8282Filed
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledfalseForm8899Filed
Form1098 C FiledfalseForm1098CFiled
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Filed Lieu1041falseFiledLieu1041
Licensed More Than One StatefalseLicensedMoreThanOneState
Indoor Tanning ServicesfalseIndoorTanningServices
Form720 FiledfalseForm720Filed
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members9NbrVotingGoverningBodyMembers
Number Independent Voting Members9NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Policies Reference ChaptersfalsePoliciesReferenceChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Written Policy Or ProcedurefalseWrittenPolicyOrProcedure
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Own WebsiteXOwnWebsite
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonNEIGHBORHOOD ECONOMIC DEVELOPNamePerson
Telephone Number2126805100TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1176 GRAND ST suite 300AddressLine1
CitynyCity
StateNYState
ZIP Code100133786ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerKey EmployeeKeyEmployee
STEPHanie LAWES
BOARD MEMBER0.50X000
SARAH I LUDWIG
Co-Director40.0010968000XX
RAUN J RASMUSSEN
Secretary1.00X000X
ODA FRIEDHEIM
BOARD MEMBER0.50X000
JOSHUA ZINNER
Co-Director40.0010118000XX
JONATHAN SPRINGER
BOARD MEMBER0.50X000
HILARY BOTEIN
BOARD MEMBER0.50X000
GREGORY LOBO JOST
BOARD MEMBER0.50X000
CHARU CHANDRASEKHAR
BOARD MEMBER0.50X000
CATHERINE LIFESO
President2.00X000X
CATHERINE BARNETT
Treasurer1.00X000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org210860TotalReportableCompFromOrg
Number Individuals GT100 K2NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Government Grants708005GovernmentGrants
All Other Contributions758867AllOtherContributions
Noncash Contributions3568NoncashContributions
Total Contributions1466872TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionPROGRAM FEE REVENUEDescription
Business Code541100BusinessCode
Total Revenue Column112412TotalRevenueColumn
Related Or Exempt Function Income112412RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue112412TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column37993TotalRevenueColumn
Exclusion$37,993ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1617277TotalRevenueColumn
Related Or Exempt Function Income112412RelatedOrExemptFunctionIncome
Exclusion$37,993ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total445243Total
Program Services445243ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total227079Total
Program Services177480ProgramServices
Management And General34327ManagementAndGeneral
Fundraising15272Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total508316Total
Program Services397288ProgramServices
Management And General76841ManagementAndGeneral
Fundraising34187Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total128006Total
Program Services100047ProgramServices
Management And General19350ManagementAndGeneral
Fundraising8609Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total0Total

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total13025Total
Management And General13025ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total0Total

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total17216Total
Program Services12356ProgramServices
Management And General4860ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total0Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total3716Total
Program Services2972ProgramServices
Management And General558ManagementAndGeneral
Fundraising186Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total115481Total
Program Services92385ProgramServices
Management And General17322ManagementAndGeneral
Fundraising5774Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total18957Total
Program Services17061ProgramServices
Management And General1896ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total116Total
Program Services116ProgramServices

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total2959Total
Management And General2959ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total9077Total
Program Services5446ProgramServices
Management And General3631ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
TELEPHONE92417855924462
STAFF DEVELOPMENT1010410104
LOAN LOSS2590225902
LICENSE & PERMIT364225491093
COMPUTER EXPENSE40683051407610

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total8316Total
Program Services6985ProgramServices
Management And General796ManagementAndGeneral
Fundraising535Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1550464Total
Program Services1306840ProgramServices
Management And General177989ManagementAndGeneral
Fundraising65635Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY200BOY
EOY1292296EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY1097997BOY
EOY1662324EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
EOY487959EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY404125BOY
EOY24192EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY9500BOY
EOY9500EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis64840LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec56558LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY9971BOY
EOY8282EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
EOY0EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY11559BOY
EOY11958EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY2390238BOY
EOY473681EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY3923590BOY
EOY3970192EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY13368BOY
EOY41205EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY7500BOY
EOY7500EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY20868BOY
EOY48705EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY1143555BOY
EOY2073150EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY2759167BOY
EOY1848337EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY3902722BOY
EOY3921487EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY3923590BOY
EOY3970192EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses66813ReconcilationRevenueExpenses
Reconcilation Other Changes-48048ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired
Federal Grant Audit PerformedfalseFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years716435CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years722017CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years629277CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1454717CurrentTaxYearMinus1Year
Current Tax Year1459374CurrentTaxYear
Total4981820Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

FieldValueIRS element (for citing)
Total0Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

FieldValueIRS element (for citing)
Total0Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years716435CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years722017CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years629277CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1454717CurrentTaxYearMinus1Year
Current Tax Year1459374CurrentTaxYear
Total4981820Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total0AmountsSubstContributorsTotal
Public Support Total1704981820PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years8826CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years23961CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years53589CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year35722CurrentTaxYearMinus1Year
Current Tax Year37993CurrentTaxYear
Total160091Total

Net UBI NetUBI

FieldValueIRS element (for citing)
Total0Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years150CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years6922CurrentTaxYearMinus3Years
Current Tax Year Minus1 Year5345CurrentTaxYearMinus1Year
Current Tax Year7500CurrentTaxYear
Total19917Total
FieldValueIRS element (for citing)
Total Support5161828TotalSupport
Gross Receipts From Admissions Etc112412GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.96510PublicSupportPertcentage170
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures6099PoliticalExpenditures
Form4720 Filed4955 TaxfalseForm4720Filed4955Tax
Correction MadefalseCorrectionMade

Total Direct Lobbying TotalDirectLobbying

FieldValueIRS element (for citing)
Filing Organizations Totals6099FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals6099FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals6099FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

FieldValueIRS element (for citing)
Filing Organizations Totals1220FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

FieldValueIRS element (for citing)
Filing Organizations Totals305FilingOrganizationsTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

FieldValueIRS element (for citing)
Filing Organizations Totals4879FilingOrganizationsTotals
FieldValueIRS element (for citing)
Form4720 FiledfalseForm4720Filed

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

FieldValueIRS element (for citing)
Current Year Minus11254CurrentYearMinus1
Current Year1220CurrentYear
Total2474Total
FieldValueIRS element (for citing)
Lobbying Ceiling$3,711LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

FieldValueIRS element (for citing)
Current Year Minus16268CurrentYearMinus1
Current Year6099CurrentYear
Total12367Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

FieldValueIRS element (for citing)
Current Year Minus1314CurrentYearMinus1
Current Year305CurrentYear
Total619Total
FieldValueIRS element (for citing)
Grassroots Ceiling$929GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

FieldValueIRS element (for citing)
Current Year Minus16268CurrentYearMinus1
Current Year6099CurrentYear
Total12367Total

Schedule D IRS990ScheduleD

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis64840OtherCostOrOtherBasis
Depreciation56558Depreciation
Book Value8282BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings8282TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescriptionBook ValueBookValue
SECURITY DEPOSITS19000
LOAN SECURITY COLLATERAL454681
FieldValueIRS element (for citing)
Total Book Value Other Assets473681TotalBookValueOtherAssets
Total Revenue1617277TotalRevenue
Total Expenses1550464TotalExpenses
Excess Or Deficit For Year66813ExcessOrDeficitForYear
Other-$48,048OtherAmount
Total Adjustments-48048TotalAdjustments
Excess Or Deficit Per FS18765ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt1172033TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities3568DonatedSrvcAndUseOfFacilities
Other Revenues7500OtherRevenues
Revenue Not Rptd F99011068RevenueNotRptdF990
Revenue Subtotal1160965RevenueSubtotal
Other Revenues Not Included456312OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt456312RevenueNotRptdOnFinStmt
Total Revenue Per Form9901617277TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt1153269TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities3568DonatedServicesUseOfFacilities
Other Expenses Included48048OtherExpensesIncluded
Expenses Not Rptd F99051616ExpensesNotRptdF990
Expenses Subtotal1101653ExpensesSubtotal
Other Expenses Not Included448811OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt448811ExpensesNotRptdOnFinStmt
Total Expenses Per Form9901550464TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Part XPart X : FIN48 FootnoteNEIGHBORHOOD ECONOMIC DEVELOPMENT ADVOCACY PROJECT (NEDAP) IS EXEMPT FROM TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS DETERMINED THAT THE COMPANY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE COMPANY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S. FEDERAL, STATE OR LOCAL AUTHORITIES FOR YEARS BEFORE 2008, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD.
Part XIII, Line 4bPart XIII, Line 4b: Other revenue amounts included on 990 but not included in F/SGRANTS PAID $445243 IN-KIND LEGAL SERVICES $3568
Part XIII, Line 2dPart XIII, Line 2d: Other expenses and losses per audited F/SLOAN LOSS RESERVES $48048
Part XII, Line 4bPart XII, Line 4b: Other revenue amounts included on 990 but not included in F/SIN-KIND LEGAL SERVICES $3568 SUBGRANT REVENUE $452744
Part XII, Line 2dPart XII, Line 2d: Other revenue amounts included in F/S but not included on form 990NET SUBGRANT DISBURSEMENTS $7500
Part XI, Line 8Part XI, Line 8: Other Changes in Net Assets or Fund BalancesRESERVE FOR LOAN LOSSES $ -48048

Schedule I IRS990ScheduleI

Recipient Table RecipientTable (8 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrantAmount Of Non Cash AssistanceAmountOfNonCashAssistancePurpose Of GrantPurposeOfGrant
Woodstock Institute
29 E Madison Suite 1710chicagoIL60602362907408501(C) 3600000Financial justice
Neighbors Helping Neig
443 39th StreetbrooklynNY11232113059958501 (C) 31230860Foreclosure prevention
Margert Community Corp
325 beach 37th stFar rockawayNY11224112534700501(C) 3979490Foreclosure prevention
Community Reinvestment
110 East Geer StreetDurhamNC27702311587628501(C) 3600000Financial justice
Chhaya Community Dev
37-43 77th streetFlushingNY11372113580935501 (C) 3236460Foreclosure prevention
California Reinvestmen
474 Valencia Street suite 203San FranciscoCA94103943153815501(C) 3600000Financial justice
BWICA Educational Fund
5901 13th AveBrooklynNY11219113220104501 (C) 3130620Foreclosure prevention
Asociacion Tepeyac
251 West 14th Stnew yorkNY10011134009930501 (C) 375000Foreclosure prevention
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants8TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations0TotalNbrOfOtherOrganizations

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationshipAmount Of TransactionAmountOfTransactionDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
Oda Friedheim
BOARD MEMBER11823Subgrantee on foreclosurefalse
Stephanie Lawes
BOARD MEMBER86054Subgrantee on foreclosurefalse
Raun Rasmussen
BD.MEM/OFFICER11625consulting for aff orgsfalse

Form990 Schedule L Part V Form990ScheduleLPartV

FieldValueIRS element (for citing)
Explanation1)LEGAL SERVICES-NYC paid $11,625 to NEDap FOR CONSULTING SERVICES provided to affiliated organizations. RAUN RASMUSSEN IS EXECUTIVE DIRECTOR Of LEGAL SERVICES-NYC.2)MARGERT COMMUNITY CORPORATION RECEIVED $86,054 IN CONNECTION WITH THE SUBGRANTEE FORECLOSURE PREVENTION PROGRAM. STEPHANIE LAWES IS A STAFF MEMBER OF MARGerT COMMUNITY CORPORATION.3)CHHAYA CDC RECEIVED $11,823 IN CONNECTION WITH THE SUBGRANTEE FORECLOSURE PREVENTION PROGRAM. ODA FRIEDHEIM IS A BOARDMEMBER OF CHHAYA.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

ExplanationExplanationIdentifierIdentifierReturn ReferenceReturnReference
FORM 990 PART 1 LINE 1 THE ORGANIZATION'S MISSION IS TO PROMOTE ECONOMIC JUSTICE IN NYC, BY WORKING WITH AN ARRAY OF COMMUNITY GROUPS TO PRESS FOR EQUITABLE AND SUSTAINABLE COMMUNITY DEVELOPMENT, AND TO ADDRESS INEQUITIES IN THE FINANCIAL SERVICES SYSTEM THAT IMPEDE COMMUNITY DEVELOPMENT AND PERPETUATE POVERTY AND INEQUALITY. NEDAP PROVIDES CAPACITY-BUILDING AND TECHNICAL SUPPORT TO COMMUNITY GROUPS; OPERATES A FINANCIAL JUSTICE HOTLINE, COMMUNITY CLINICS AND A FORECLOSURE PREVENTION GAP LOAN FUND FOR LOW INCOME NEW YORKERS; AND COORDINATES SEVERAL EFFECTIVE NYC AND STATE WIDE COALITIONS THAT BRING TOGETHER DIVERSE ORGANIZATIONS TO promote FINANCIAL Justice.FORM 990 PART IV SEC. B LINE 11A, THE ENTIRE BOARD OF DIRECTORS WILL REVIEW AND APPROVE THE 990 PRIOR TO ITS SUBMISSION.LINE 12, WRITTEN CONFLICTS OF INTEREST POLICY 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.LINE 12: ANNUAL DISCLOSURE: 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.LINE 13: THE WHISTLEBLOWER POLICY IS IN PLACE AND ADHERED TO.LINE 14: THERE IS A RECORD RETENTION AND DESTRUCTION POLICY. THE POLICY IS CARRIED OUT ACCORDINGLY.LINE 15: EXECUTIVE COMPENSATION: AFTER THE FISCAL YEAR END, THE BOARD OF DIRECTORS CONDUCT AN INDEPENDENT REVIEW OF ORGANIZATION'S TWO EXECUTIVE 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. LINE 18/19 NEDAP MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
NEDAP MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALSO, NEDAP 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.Form 990, Part VI, Line 19Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
THE NEDAP BOARD OF DIRECTORS WILL REVIEW AND APPROVE THE 990 PRIOR TO ITS SUBMISSION.Form 990, Part VI, Line 11Form 990, Part VI, Line 11: Form 990 Review Process

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