Nonprofit · EIN 20-2845513
NEW ENERGY ECONOMY INC
Tax-exempt (reinstated) · SANTA FE, NM 87501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,066,714 | $965,047 | $101,667 | $930,044 | $319,563 | $610,481 |
| December 31, 2023 | 990 | $1,005,053 | $879,934 | $125,119 | $661,185 | $250,109 | $411,076 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,020,930
- Program service revenue
- $39,692
- Investment income
- $6,092
- Net gain from sales of assets
- $1,841
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $122,688
- Other salaries and wages
- $324,153
- Salaries, compensation and benefits (total)
- $509,805
- Professional fundraising fees
- $0
- Legal fees
- $155,674
- Accounting fees
- $23,519
- Occupancy
- $15,046
- Travel
- $7,240
- Depreciation
- $3,453
- Program services (functional)
- $729,954
- Management and general (functional)
- $174,697
- Fundraising (functional)
- $60,396
Balance sheet and other
- Total assets, start of year
- $661,185
- Total assets, end of year
- $930,044
- Total liabilities, end of year
- $319,563
- Net assets, end of year
- $610,481
- Land, buildings and equipment
- $1,320
- Net assets without donor restrictions
- $344,580
- Net assets with donor restrictions
- $265,901
- Gross receipts
- $1,129,198
- Employees
- 7
- Year formed
- 2005
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIEL NANASI | EXECUTIVE DI Trustee or director, Officer | 40 | $122,688 |
| ELEANOR BRAVO | BOARD CHAIRM Trustee or director | 4 | $0 |
| SUSAN TARMAN | TREASURER Trustee or director | 3 | $0 |
| MIGUEL ACOSTA | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN BOYD | BOARD MEMBER Trustee or director | 1 | $0 |
| LOUIE HENA | BOARD MEMBER Trustee or director | 1 | $0 |
| ANNI HANNA | BOARD MEMBER Trustee or director | 1 | $0 |
| PASQUAL HERNANDEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| MARLA PAINTER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIEL NANASI | EXECUTIVE DI Trustee or director, Officer | 40 | $102,000 |
| MIGUEL ACOSTA | BOARD MEMBER Trustee or director | – | $0 |
| JOHN BOYD | BOARD MEMBER Trustee or director | – | $0 |
| ELEANOR BRAVO | BOARD CHAIRM Trustee or director | – | $0 |
| ANNI HANNA | BOARD MEMBER Trustee or director | – | $0 |
| LOUIE HENA | BOARD MEMBER Trustee or director | – | $0 |
| PASQUAL HERNANDEZ | BOARD MEMBER Trustee or director | – | $0 |
| MARLA PAINTER | BOARD MEMBER Trustee or director | – | $0 |
| SUSAN TARMAN | TREASURER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 422 OLD SANTA FE TRL, SANTA FE, NM 87501-2770
- In care of
- % MARIEL NANASI
- Principal officer (990 for 2024)
- MARIEL NANASI, 300 EAST MARCY STREET, SANTA FE, NM 87501
- Signed the 990
- MARIEL NANASI, EXECUTIVE DIRECTOR
- Phone
- (505) 989-7262
- Website
- NEWENERGYECONOMY.ORG
- Return prepared by
- KUDERIK & ASSOCIATES PLLC
Mission
BUILD A RENEWABLE ENERGY FUTURE FOR OUR HEALTH AND THE ENVIRONMENT. WITH BOLD LEGAL INTERVENTIONS, PUBLIC POLICY ADVOCACY, AND GRASSROOTS ACTION WE FIGHT FOR A FOSSIL-FUEL AND NUCLEAR-FREE ECONOMY THAT STEWARDS BOTH THE HEALTH OF OUR ENVIRONMENT AND OUR COMMUNITIES. A JUST TRANSITION TO RENEWABLE ENERGY IS NOT JUST ABOUT REDUCING CARBON EMISSIONS BUT TRANSFORMING OUR ENERGY SYSTEM, AS WE DO SO WE MUST REDRESS SOCIAL INEQUITY, BUILD PEOPLE POWER, AND FOSTER ECONOMIC AND ENVIRONMENTAL JUSTICE.
Program accomplishments
- NEW ENERGY ECONOMY COMBINES TARGETED LEGAL CAMPAIGNS WITH PUBLIC EDUCATION AND ENGAGEMENT THAT MAKE COMPLEX ENERGY AND REGULATORY ISSUES ACCESSIBLE TO THE PUBLIC AND OPENS UP SPACES FOR COMMUNITY PARTICIPATION AND INFLUENCE ON ENERGY DECISION-MAKING. IN ADDITION TO LEGAL AND POLICY WORK, NEE INSTALLS COMMUNITY-SCALE SOLAR SYSTEMS IN COMMUNITIES TO DEMONSTRATE THE VIABILITY OF RENEWABLE ENERGY AND BRING THE ECONOMIC, ENVIRONMENTAL, HEALTH, AND COST-SAVING BENEFITS OF SOLAR TO UNDER-SERVED COMMUNITIES.Expenses $727,882 · revenue $39,692
- DEPRECIATION EXPENSEExpenses $2,072
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2845513
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C35)
- Assets (IRS master file)
- $930,044
- Income (IRS master file)
- $1,129,198
Revocation and reinstatement
- Exemption revoked
- May 15, 2022
- Posted by the IRS
- August 8, 2022
- Reinstated
- Effective May 15, 2022
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,066,714 | $965,047 | $930,044 | XML |
| 990 | December 2023 | $1,005,053 | $879,934 | $661,185 | XML |
| 990 | December 2022 | $593,247 | $719,044 | $511,699 | IRS |
| 990 | December 2021 | $742,314 | $458,999 | $623,079 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2845513).
Questions about NEW ENERGY ECONOMY INC
- What is the EIN of NEW ENERGY ECONOMY INC?
- The employer identification number (EIN) of NEW ENERGY ECONOMY INC is 20-2845513.
- Is NEW ENERGY ECONOMY INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
- Are donations to NEW ENERGY ECONOMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW ENERGY ECONOMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW ENERGY ECONOMY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW ENERGY ECONOMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW ENERGY ECONOMY INC?
- The 990 for the year ended December 31, 2024 names MARIEL NANASI.
- Who are the officers and directors of NEW ENERGY ECONOMY INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $122,688 (MARIEL NANASI, EXECUTIVE DI).
- How much revenue does NEW ENERGY ECONOMY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,066,714, expenses of $965,047 and total assets of $930,044 at year end.
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