Center for Economic Democracy Inc

BOSTON, MA EIN: 47-3589804 Website

Community Improvement & Capacity Building

THE CENTER FOR ECONOMIC DEMOCRACY [C.E.D.] IS A U.S. SOCIAL MOVEMENT BUILDING ORGANIZATION, GROWING CAPACITY IN OUR COMMUNITIES TO TRANSFORM AMERICAN CAPITALISM INTO A MORE JUST, SUSTAINABLE AND DEMOCRATIC ECONOMY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.6M

-41.1% YoY

Annual Giving

$696K

+44.5% YoY

Grant Count

+44.4% YoY

Avg Grant Size

$54K

+0.0% YoY

About Center for Economic Democracy Inc

Based on IRS filings

Center for Economic Democracy Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BOSTON, MA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $9.6M in total assets. In 2024, it awarded 13 grants totaling $696K. Net investment income was $50K.

Focus Areas

Community Improvement & Capacity Building

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $2.2M (89%)

California $159K (6%)

Utah $45K (2%)

New York $42K (2%)

Kentucky $9K (0%)

Rhode Island $6K (0%)

States

California Kentucky Massachusetts New York Rhode Island Utah

Cities

ALLSTONAMHERSTBELCHERTOWNBOSTONBRAINTREEBRIGHTONBROOKLYNCALABASASCHELSEACONCORDDORCHESTEREAST BOSTONEVERETTGRATONHYDE PARKJAMAICA PLAINJAMAICAPLAINLEXINGTONLYNNMOUNTAIN VIEW

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$9,593,066	$16,276,551	$15,917,380
Revenue	$6,465,280	$4,944,735	$7,517,905
Expenses	$4,206,570	$4,536,716	$3,002,532
Qualifying Distributions	—	—	—
Net Investment Income	$49,605	$21,415	—
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

77 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Chinatown Community Land Trust ($196,000), Center for Cooperative Development & Solidarity ($160,000), Uptogether ($70,000).

Recipient	Purpose	Amount
CHINATOWN COMMUNITY LAND TRUST BOSTON, MA	SEI GRANT TO CHINATOWN COMMUNITY LAND TRUST	$196,000
CENTER FOR COOPERATIVE DEVELOPMENT & SOLIDARITY EAST BOSTON, MA	GRANT AWARD LETTER FOR SOLIDARITY ECONOMY HEADQUARTERS PROJECT	$160,000
UPTOGETHER CONCORD, CA	GRANT AWARD FOR BEAUTIFUL SEED FUND	$70,000
AMAUTA LLC SALT LAKE CITY, UT	FISCAL SPONSORSHIP GRANT	$45,000
URBAN REVIVAL DBA CITY LIFEVIDA URBAN JAMAICAPLAIN, MA	GRANT FOR MALDEN COMMUNITY LAND TRUST AND GENERAL OPERATING EXPENSES	$40,000
ALTERNATIVES FOR COMMUNITY & ENVIRONMENT ROXBURY, MA	GRANT FOR GENERAL OPERATING EXPENSES	$40,000
CHINATOWN PEOPLE PROGRESSIVE ASSOCIATION BOSTON, MA	FOOD, SWAG PRODUCTION (TSHIRTS, BAGS ... ) AND GENERAL OPERATING EXPENSES	$28,000
RESIST-V JAMAICA PLAIN, MA	FOOD, BANNER, CHILDCARE AND GENERAL OPERATING EXPENSES	$24,500
DUDLEY STREET NEIGHBORHOOD INITIATIVE ROXBURY, MA	FOOD, INTERPRETATION, CHILDCARE, COMMS/LOGO AND GENERAL OPERATING EXPENSES	$23,000
BRAZILIAN WOMEN'S GROUP ALLSTON, MA	GRANT FOR COOP DEVELOPMENT & SOLIDARITY ADVANCED TRAINING AND GENERAL OPERATING EXPENSES	$22,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
AARON TANAKA	DIR. SINCE AUG '24/EXEC DIR THRU JUL '24	40	$54,288
PENN LOH	PRESIDENT	2	—
SARAH JIMENEZ	TREASURER	2	—
FARHAD EBRAHIMI	DIRECTOR	2	—
TIFFANY BROWN	DIRECTOR	2	—
KHALIDA SMALLS	DIRECTOR	2	—
SHARI DAVIS	CO-EXECUTIVE DIRECTOR (SINCE AUG '24)	40	$53,117
MARTIN FAMILIA	SR. DIRECTOR OF FINANCE & HR	40	$113,983
MARIA CHRISTINA BLANCO	BOARD CLERK/OPERATION MANAGER	42	$64,119
AMRITA WASSAN	SR. DIRECTOR OF NATIONAL PROGRAMS	40	$112,174

Subject Areas

Focus areas based on grantmaking activity

Community Improvement & Capacity Building

Frequently Asked Questions

What is Center for Economic Democracy Inc?

Center for Economic Democracy Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BOSTON, MA. It holds $9.6M in total assets as of 2024.

How large is Center for Economic Democracy Inc?

As of 2024, Center for Economic Democracy Inc holds $9.6M in total assets with $6.5M in annual revenue. It awarded 13 grants totaling $696K in 2024.

Where does Center for Economic Democracy Inc operate?

Center for Economic Democracy Inc has awarded grants in California, Kentucky, Massachusetts, New York, Rhode Island, Utah.

What size grants does Center for Economic Democracy Inc award?

In 2024, Center for Economic Democracy Inc awarded 13 grants totaling $696K — an average of about $54K per grant, based on its IRS Form 990 filings.

What is Center for Economic Democracy Inc's EIN?

Center for Economic Democracy Inc's EIN (Employer Identification Number) is 47-3589804. IRS Form 990 filing data is available on this page for 2019–2024.