NEW ECONOMICS FOR WOMEN

As filed

Subsection

03

NTEE code

L210

Classification

1000

Street

303 LOMA DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• NEW COMMUNITY INVESTMENTS LLC

  EIN 82-4456218

• WEST VALLEY COMMUNITY DEVELOPMENT CORPORATION

  EIN 95-4531693

Mission and programs · 2024

• NEW ECONOMICS FOR WOMEN (NEW) EMPOWERS UNDER-RESOURCED WOMEN AND THEIR FAMILIES TO ACHIEVE ECONOMIC MOBILITY THROUGH INTEGRATED HOUSING, EDUCATION, ENTREPRENEURSHIP, AND WEALTH-BUILDING PROGRAMS. NEW DEVELOPS AND OPERATES AFFORDABLE HOUSING FOR BOTH MULTIFAMILY RENTALS AND SINGLE-FAMILY HOMES AND COMMUNITY CENTERED SERVICES THAT HELPED MORE THAN 2,300 INDIVIDUALS REMAIN STABLY HOUSED AND ADVANCED NEW WORKFORCE AND PERMANENT AFFORDABLE HOUSING UNITS IN SPECIFICALLY RESEDA AND EL SERENO. THROUGH ITS HOMEOWNERSHIP DEPARTMENT, A HUD-APPROVED COUNSELING AGENCY, NEW DELIVERS FREE HUD-CERTIFIED HOMEBUYER EDUCATION, ONE-ON-ONE COUNSELING, AND CREDIT COACHING, EDUCATING AT LEAST 400 INDIVIDUALS ANNUALLY AND ASSISTING DOZENS OF FAMILIES IN PURCHASING HOMES. NEW'S FAMILYSOURCE CENTER AND ECONOMIC MOBILITY CENTERS PROVIDE ONE-STOP SERVICES FOR LOW-INCOME RESIDENTS, INCLUDING FINANCIAL EDUCATION AND COACHING, VITA TAX PREPARATION, PUBLIC BENEFITS SCREENING, CASE MANAGEMENT, EMPLOYMENT COACHING, EMERGENCY FINANCIAL ASSISTANCE, AND HOMELESS PREVENTION THAT HELPED INCREASE HOUSEHOLD INCOME, AND KEEP FAMILIES HOUSED. THE LEARNING CENTER OPERATES AFTER-SCHOOL AND SEASONAL PROGRAMS FOR TK5 STUDENTS, PROVIDING HOMEWORK HELP, ENRICHMENT IN ARTS AND STEM, MEALS, AND FAMILY WORKSHOPS TO SUPPORT ACADEMIC ACHIEVEMENT. THROUGH ITS WOMEN'S BUSINESS CENTERS AND THE EAST LOS ANGELES BUSINESSSOURCE CENTER, NEW PROVIDES NO-COST ONE-ON-ONE CONSULTING, TRAINING, AND FINANCING ASSISTANCE THAT SERVED THOUSANDS OF SMALL BUSINESSES, HELPED LAUNCH NEW ENTERPRISES, AND SUPPORTED OR CREATED THOUSANDS OF LOCAL JOBS.

  Expenses $8,823,588 · Revenue $12,144,801

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $12,144,801

  Expenses

  $10,952,929

  Contributions

  $10,600,701

  Grants paid

  $480,555

• 2023

  Revenue

  $9,167,715

  Expenses

  $11,382,099

  Contributions

  $8,419,464

  Grants paid

  $530,000

• 2022

  Revenue

  $10,445,467

  Expenses

  $12,424,086

  Contributions

  $9,253,748

  Grants paid

  $833,179

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $12,624,374

  Expenses

  $10,760,774

  Assets (EOY)

  $44,094,998

• 2020 · 990

  Revenue

  $7,599,995

  Expenses

  $6,391,530

  Assets (EOY)

  $39,265,644

• 2019 · 990

  Revenue

  $4,573,848

  Expenses

  $5,056,835

  Assets (EOY)

  $37,272,779

• 2018 · 990

  Revenue

  $4,142,811

  Expenses

  $5,078,381

  Assets (EOY)

  $32,387,021

• 2017 · 990

  Revenue

  $6,225,944

  Expenses

  $4,778,735

  Assets (EOY)

  $32,365,042

• 2016 · 990

  Revenue

  $6,225,518

  Expenses

  $5,069,028

  Assets (EOY)

  $30,985,946

• 2015 · 990

  Revenue

  $3,733,435

  Expenses

  $4,699,526

  Assets (EOY)

  $33,780,535

• 2014 · 990

  Revenue

  $4,630,048

  Expenses

  $5,632,198

  Assets (EOY)

  $33,732,101

• 2013 · 990

  Revenue

  $10,762,134

  Expenses

  $11,227,426

  Assets (EOY)

  $35,476,492

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $19,418,757

  Assets (EOY)

  $30,769,690

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $714,880

  2024 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $532,390

  2023 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $507,975

  2022 · For grant recipient's exempt purposes

• CAPITAL IMPACT PARTNERS

  $277,778

  2022 · FOR CAPACITY BUILDING AND BUSINESS GROWTH

• UNIDOSUS

  $201,124

  2023 · GRANTS

• CALIFORNIA COMMUNITY FOUNDATION

  $160,000

  2024 · ECONOMIC OPPORTUNITY

• AMERICAN ONLINE GIVING FOUNDATION INC

  $141,500

  2022 · GENERAL SUPPORT

• CAPITAL IMPACT PARTNERS

  $138,889

  2023 · FOR CAPACITY BUILDING AND BUSINESS GROWTH

• UNIDOSUS

  $121,136

  2024 · GRANTS

• UNIDOSUS

  $99,250

  2022 · GRANTS

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files