Center for a New Economy Inc
See part I, line 1 schedule o disclosure
Center for a New Economy Inc at a glance
In short: Center for a New Economy Inc reported $25K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.
- Grants paid (2024)
- $25,345 — reported as a total on the IRS filing, without an itemized list
- -14.5% vs 2023
- Total assets
- $3,822,547
- +29.0% vs 2023
- Revenue (2024)
- $2,005,504
- +5.4% vs 2023
- Net investment income (2024)
- $31,098
- -40.6% vs 2023
- Expenses (2024)
- $2,024,337
- +6.0% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Center for a New Economy Inc funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $18K (2020) to $551K (2021). In 2024 it reported $25K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ciencia Puerto Rico San Juan, PR | Educational Support | $371,014 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,822,547 | $2,005,504 | $2,024,337 | $25,345 | Total only | $31,098 |
| 2023 | $2,962,723 | $1,903,473 | $1,910,406 | $29,653 | Total only | $52,392 |
| 2022 | $2,485,015 | $1,871,721 | $2,262,227 | $371,014 | 1 | $12,957 |
| 2021 | $2,849,963 | $2,476,463 | $2,669,978 | $551,163 | 2 | $91,293 |
| 2020 | $2,810,862 | $1,992,496 | $2,247,873 | $17,500 | 2 | $315,686 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Center for a New Economy Inc
Based on IRS filings
Center for a New Economy Inc is a public charity focused on Education, based in San Juan, PR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it reported $25K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $31K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Center for a New Economy Inc is led by Nuria Ortiz, Executive Director & Secretary since 2022 (on filings since 2020); 7 of 17 officers listed in 2024 are compensated.
Officers on the 2024 filing
Nuria Ortiz
Executive Director & Secretary
Executive Director → Secretary & Executive Director, 2022
On filings since 2020
40 hrs/week
$104K (2020) → $105K (2024)
Miguel Soto-Class
President
New on the 2024 filing
40 hrs/week
$244K (2024)
Enrique Vila Biaggi
Board Chair
New on the 2024 filing
1 hr/week
No compensation reported
Sergio Marxuach
Policy Director & Assistant Secretary
Assistant Secretary & Policy Director → Assistant Secretary, 2023
Assistant Secretary → Policy Director & Assistant Secretary, 2024
On filings since 2020
40 hrs/week
$159K (2020) → $161K (2024)
Nydia Suarez Marin
Public Affairs Director
On filings since 2023
40 hrs/week
$100K (2023) → $102K (2024)
Carmen Vargas Nin
Finance, Administrator Director & Treasurer
New on the 2024 filing
40 hrs/week
$99K (2024)
Rosanna Torres Pizarro
Director of the Washington Dc Officer
New on the 2024 filing
40 hrs/week
$129K (2024)
Caroline McConnie
Director
On filings since 2020
1 hr/week
No compensation reported
Elizabeth Carey Burwell
Director
On filings since 2020
1 hr/week
No compensation reported
Jacques Chappuis
Director
On filings since 2020
1 hr/week
No compensation reported
Joaquin Bacardi
Director
On filings since 2020
1 hr/week
No compensation reported
Luis Silva
Director
On filings since 2020
1 hr/week
No compensation reported
Edwin J. Perez
Director
On filings since 2022
1 hr/week
No compensation reported
Antonio L. Ferre Rangel
Director
New on the 2024 filing
1 hr/week
No compensation reported
Jorge Colon Gerena
Director
New on the 2024 filing
1 hr/week
No compensation reported
Pinsy Rivera
Director
New on the 2024 filing
1 hr/week
No compensation reported
Enrique Figueroa Grillasca
Research Associate
New on the 2024 filing
40 hrs/week
$100K (2024)
Former officers (10)
- Former: Antonio Luis Ferre-Rangel (2020–2023) — Director
- Former: Deepak Lamba (2020–2023) — Research Director
- Former: Enrique Vila-Biaggi (2020–2023) — Chairman
- Former: Jorge Colon-Gerena (2020–2023) — Director
- Former: Miguel A. Soto Class (2020–2023) — President
- Former: Pinsy Rivera-Ortiz (2020–2023) — Director
- Former: Carmen Vargas (2022–2023) — Treasurer
- Former: Nuria Y. Ortiz Vargas (2023) — Secretary
- Former: Rosanna Torres (2020–2021) — Director & D.c. Officer
- Former: Vadim Nikitine (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $244K, to Miguel Soto-Class (President). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Center for a New Economy Inc
How much does Center for a New Economy Inc give each year?
Center for a New Economy Inc reported $25K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it reported $30K in grants paid.
How large is Center for a New Economy Inc?
Center for a New Economy Inc reported $3.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.0M.
What is Center for a New Economy Inc?
Center for a New Economy Inc is a public charity focused on Education, based in San Juan, PR. It holds $3.8M in total assets as of 2024.
Where does Center for a New Economy Inc operate?
Center for a New Economy Inc has awarded grants in California, Puerto Rico.
What is Center for a New Economy Inc's EIN?
Center for a New Economy Inc's EIN (Employer Identification Number) is 66-0566096. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 2, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 29, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 7, 2025)
- IRS filings on file for fiscal years 2020–2024
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